•Taiwo Oyedele The federal government has approved a simplified and business-friendly withholding tax regime, according to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee. The new regime aims to address challenges with the existing withholding tax system, which was introduced in 1977 to curb tax evasion and ...
•Nigerian pilgrims To ease financial pressure on pilgrims, who took part in the 2024 Hajj pilgrimage to Mecca, the federal government and no fewer than eight states spent N100.642 billion on the pilgrims as subsidies and allowances. The 2024 Hajj lasted from June 14 to June 19, reports Vanguard. Coming at a time when no […]
The National Association of Ogun State Students (NAOSS) has pleaded with the federal government to stop the importation of the China made ‘adire’ fabric, describing it as an economic sabotage. This followed the lamentation of local traders and producers of the fabric that its importation was pushing the indigenous trade to the brink, reports D...
•Pensioners and Tinubu The agonies of retirees from the Federal Civil Service appear to be getting worse as the federal government has failed to release funds for payment of accrued pension rights in the first half of 2024, H1’24, which ended yesterday. The FG had reneged for the full year 2023, FY’23, as no funds […]
•Nnamdi Kanu and his lawyers Justice James Omotoso of a Federal High Court, Abuja has just dismissed a N1 billion suit filed by the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, against the federal government and the Department of State Services (DSS). The Judge held in his judgment that the IPOB […]
•Japa There was outrage yesterday over a United Kingdom-based taxi driver, who remained on the federal government’s payroll despite migrating to the UK in 2022. Civil society organisations who spoke to our correspondent yesterday said the report was an indication of how deeply-rooted corruption was in the Nigerian civil service, reports The PU...
•Umahi The federal government has threatened to terminate the contracts of Julius Berger and China Civil Engineering Construction Corporation (CCECC) over the handling of the Calabar-Itu Road project. Minister of Works, David Umahi gave the two construction companies one week to remobilise to site or face termination of their contracts, report...
•Audu Ogbe Former Minister of Agriculture, Audu Ogbeh, has urged the federal government to stop the payment of monthly allocations to states whose governors set up caretaker committees for Local Government (LG) administrations. “Any governor who sets up a caretaker committee should not receive any funds because a caretaker is illegal, by the S...
The federal government through the Central Bank of Nigeria has raised a total sum of N284.26bn in the latest Nigerian Treasury Bills auction. This was as its T-Bills debts soared to N10.4tn between December 2023 and March 2024, marking a 60 per cent rise in just three months, reports The PUNCH. According to the auction […]
•ASUU President Emmanuel Osodeke and Education Minister Tahir Mamman The federal government has commenced negotiations with the leadership of the Academic Staff Union of Universities (ASUU) as part of efforts to avert a proposed strike by the union. Speaking at the end of the meeting which was held behind closed doors at the Federal Ministry [...

