The Federal Government is finalizing an economy bill to enhance non- oil revenue This was disclosed by the Minister Finance and Coordinating Minister of Economy, Wale Edun in Lagos Business School on Monday. According to Edun, this new bill will enhance non- oil revenue and expand the tax base. “finalizing an Emergency Economic Bill which…
The Federal Government (FG) is drafting a law that mandates judges not to grant injunctions to aircraft that violate the dry lease This was announced by the Minister of Aviation, Festus Keyamo on the Arise Television Morning Show on Monday. Speaking during the interview, Keyamo thanked FG for his support and emphasized how this is…
The Federal Government (FG) had officially approved the distribution of 42,000MT grains to less privileged Nigerians beginning from Sokoto This was confirmed by the National Emergency Management Agency (NEMA) on their official X page on Monday. According to NEMA, the distribution of 42, 000 metric tones of grains is lined with President Tinubu renewed hope…
The Federal Government has unveiled a new system of making social and financial payments in the country. With this, settlements of bills for goods and services can now be done via the new national identity cards. According to a statement, the National Identity Management Commission (NIMC) has collaborated with the Central Bank of Nigeria (CBN)…
The Federal Government (FG) has set up a technical Committee on $617.7 million Investment in Digital and Creative Enterprises (I-DICE) programme The Vice President, Kashim Shettima inaugurated the Committee in Abuja on Wednesday to redefine the digital and creative landscape in the country. “We’ll embark on a journey of innovation, collaboration, and boundless opportunities. A…
Following the last meet with the Federal Government and Cement manufacturers in February, It was agreed that a 50kg bag of cement will be sold at N7000 and N8000, The National Association of Block Moulders of Nigeria (NABMON) has urged Federal to lower import duties on cement productions materials and invite more global investors so…
The Executive Secretary of Ebony State Health Insurance Agency, Chief Divine Okemfuna Igwe has confirmed the enrollment of four thousand pregnant women in Ebony State. This was announced during a press conference in Ochiudo Centenary City, Abakalika, Ebony State. According to Igwe the enrollment is the directives of the state Governor, Francis Ogbonna Nwifuru and…
Worried by the continuous free fall in the value of the Naira-Nigeria’s currency, President Bola Tinubu last week enjoined Nigerians to Buy–made–in–Nigeriaa goods. In his understanding, this would strengthen the naira. Countless measures, including what the Central Bank of Nigeria (CBN) called floatation have been introduced to shore up the value of the naira against…
National Association Proprietors of Private Schools (NAPPS) has decried that 5% tax imposed annually in the Federal Capital Territory (FCT) schools in January. The chairperson of the association, Mrs Rukayat Agboola in an interview with News Agency of Nigeria (NAN) on Saturday in Abuja explained that the tax create an additional burden on parents and…
Determined to end economic hardship, the Federal Government (FG) has resolved the issues of National Identification Number (NIN) for nano business traders’ grant The Presidential Conditional Grant Scheme (PCGS) was introduced early March to empower nano business as part of the presidential palliative program This granted is targeted at the nano business traders, granting N50,000.00…
