By Seun Ibiyemi Analysis from the Budget Office has shown that Debt servicing in Nigeria gulped 64.5 percent of the Federal Government’s total revenue in 2023. Last year’s figure is higher than the 48.5 percent of total revenue that debt…
The Lagos State Government (LASG) says it has fixed no fewer than 393 roads in its various local governments and Local Council Development areas (LCDA) in the first half of 2024. The General Manager, Lagos State Public Works Corporation (LSPWC),…
The federal government has categorised all electricity companies, including the Generation and Distribution Companies (GenCos and DisCos), as those exempted from the payment of Withholding Tax in the country. This was contained in the new Withholding Tax regulation document signed…
…Advises against paying cash to unauthorised agents The Ibadan Electricity Distribution Company (IBEDC) has announced the availability of meters following the recent acquisition of a new stock through the Meter Asset Provider (MAP) Scheme. This initiative aims to improve service…
The decision by President Ahmed Tinubu’s Renewed Hope Administration to remove taxes on staples foods items like rice, maize, beans and other grains will assist in depreciation of the inflation in the country. The development will reduce pressure on the…
By Titus Atondu, Makurdi The Benue state house of Assembly has commended the governor of the state Rev. Fr. Dr. Hyacinth Alia for his prompt intervention in restoring calm in the recent violent protest in Ukum local government area of…
Access Holdings Plc on Tuesday encouraged its shareholders to participate in the group’s rights issue offer, aiming to strengthen its bond with them. Chairman of Access Holdings, Mr Aigboje Aig-Imoukhuede, stated this at the group’s “Facts Behind The Rights Issue”…
The National Emergency Management Agency (NEMA) has predicted flooding in nine Local Government Areas in Benue. The agency’s Director -General, Mrs Zubaida Umar, who disclosed this on Tuesday in Makurdi during the Downscaling of Flood Early Warning Strategies for Early…
Olaseinde Gbenga, Abuja The Nigeria Civil Aviation Authority (NCAA) has warned airlines to desist from deceitful departure time scheduling to their customers. The Acting Director General, Civil Aviation, Nigeria, Capt. Chris Najomo stated this on Tuesday at the Authority’s corporate…
By Matthew Denis In a bid to ensure dividends of Democracy, the House of Representatives on Tuesday urged the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to withhold allocations from the Federation Account to local government areas in the country…
