By Ajibola Olaide, JKNewsMedia Reporter ISSUANCE OF guidelines for the implementation of Nigeria’s new tax laws has been halted by the Federal Government due to uncertainty over the final version of the legislation. Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, disclosed that he instructed the Nigeria Revenue Service (NRS)...
By Jemimah Wellington, JKNewsMedia Correspondent EFFORTS TO transform Nigeria’s tax system advanced with the formal establishment of the National Tax Policy Implementation Committee (NTPIC), mandated to ensure the execution of recent tax reforms and align fiscal administration with the government’s economic objectives. President Bola Tinubu a...
By Owei Lakemfa ALIKO DANGOTE has become the first African-born billionaire to reach and surpass a $30 billion net worth. This October, 2025, with a new valuation gain of $430 million, he achieved a net worth of $30.3 billion. But his on-going quixotic contestations with the Nigerian Constitution and the United Nations Universal Declaration of...
By Joke Kujenya THE LATEST meeting of Nigeria’s Federal Executive Council (FEC) has been concluded, spanning May 13th and 14th, 2024, with a series of far-reaching decisions aimed at bolstering Nigeria’s economy and enhancing its infrastructure. These decisions, ratified after extensive deliberations, encompass policies and projects inte...
By Jemimah Wellington, JKNMedia Reporter THE INTERNATIONAL Monetary Fund (IMF) has issued a pressing advisory to the Nigerian government, stressing the immediate necessity to eliminate what it terms ‘implicit’ subsidies on electricity and fuel. These subsidies, projected to consume three per cent of the nation’s Gross Domesti...
By Jemimah Wellington, JKNMedia Reporter LAGOS Governor Babajide Sanwo-Olu has encouraged the Nigerian Economic Summit Group (NESG) to advocate for collaboration between the public and private sectors. He made the call during the Nigerian Economic Summit 30th Anniversary Public Lecture and Founders’ Forum at the Lagos Business School, where th...
By Joke Kujenya NIGERIA’s President Bola Tinubu, today, kicked-off the African Counter-Terrorism Summit in Abuja, with backing from the United Nations Office of Counter-Terrorism (UNOCT). This critical meeting is being hosted by Nigeria’s government to bolster regional cooperation and institution-building to tackle the evolving threat of...
By Jemimah Wellington, JKNMedia Reporter THE International Press Centre (IPC) has issued a strong statement expressing its dismay over the incessant harassment of its executive director, Mr. Lanre Arogundade, by officials of the State Security Service (DSS) at the Murtala Mohammed international airport in Lagos. IPC says the latest incident oc...
By Jemimah Wellington, JKNMedia Reporter RIVERS State Governor Siminalayi Fubara has reiterated the commitment of his administration to collaborate with the Federal Government in addressing housing challenges faced by low-income earners in the state. During a courtesy visit by the management tea of Federal Housing Authority of Nigeria (FHAN), ...
By Jemimah Wellington, JKNMedia Reporter EMPHASIZING the necessity of coordinated efforts among government bodies, Senate President Godswill Akpabio stresses the need for collective commitment to enhancing the welfare of Nigerians. Addressing constituents in Ukana, Essien Udim local government area of Akwa Ibom, Akpabio expressed gratitude for...
