Search Results for: Nigeria

In a significant development for Nigeria’s economic landscape, Dr Doris uzoka Anite Minister of Trade industries and investments says Federal Government has secured a commitment of $30 billion in Foreign Direct Investments (FDIs). This milestone was announced by the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, during a press briefing held in Abuja…

In a strategic maneuver aimed at curbing the proliferation of arms into the hands of extremist groups, Nigerien security forces executed a meticulously planned operation in the northern region of Nguigmi, close to the Niger-Chad border. The operation, conducted over the weekend, culminated in the interception of a significant cache of weaponry earmarked for Bakura,…

FG’s Crackdown on Hoarding and Price Fixing Amidst the burgeoning food crisis gripping the nation, the Federal Government (FG) has stepped up its efforts to alleviate the situation. President Bola Tinubu’s recent declaration signaling the government’s resolve to tackle the underlying causes of the crisis has galvanized action from regulatory entities such as the Federal…

REMITA CEO/Managing Director Mr. Deremi Atanda, revealed startling figures regarding the platform’s contribution to the federation account from 2015 to 2022. According to Atanda, REMITA played a pivotal role in channeling a staggering total revenue of N34.311 trillion during this period. This revelation underscores the platform’s significance in revenue management within Nigeria. The breakdown of…

The N2.59 Trillion Tax Credit Scheme, Evaluating Criticisms and Government Response Introduced amidst the administration of President Muhammadu Buhari in 2021, the N2.59 trillion Tax Credit Scheme has sparked intense debate, notably drawing criticism from Zaccheus Adedeji, Chairman of the Federal Inland Revenue Service (FIRS). Adedeji’s dissent revolves around the perceived legal ambiguity of the…

Allegations Against Bar. Julius Abure Ms. Oluchi Oparah, the National Treasurer of the Labour Party, has brought forth damning allegations against the Party’s National Chairman, Bar. Julius Abure. With unwavering conviction, Oparah has called for urgent action, stressing the imperative need for a thorough investigation into the allegations. She has accused Abure of engaging in…