VAT Collection: Yahaya Says Governors Must Wake Up to Reality

BusinessTaxationVAT Collection: Yahaya Says Governors Must Wake Up to Reality

Beloved John (Staff Writer)September 21, 2021

GOMBE —The stand of the Lagos and Rivers state government on the collection of value-added tax (VAT) should serve as a wake-up call to other states says Inuwa Yahaya, governor of Gombe state. Yahaya admitted that the Gombe state government would be unable to pay salaries without the income generated from VAT. He said this while speaking to some All Progressives Congress (APC) stakeholders from Gombe south senatorial district on Monday. He noted that 35...

CONTINUE READING
President Buhari Directs the Incorporation of NNPC

BusinessNewsOil & GasPresident Buhari Directs the Incorporation of NNPC

Hassan Umar Shallpella (Regional Correspondent)September 20, 2021

ABUJA — President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company Limited. A statement issued by Special Adviser to the President (Media and Publicity), Femi Adesina, said the president gave the order in his capacity as Minister of Petroleum. Part of the statement read: “This is in consonance with Section 53(1) of the Petroleum Industry Act 2021, which requires the Minister of Petroleum Resources to cause for the incorporation of the...

CONTINUE READING
Enugu Govt Captures Additional 251 Hotels Operating in the State

BusinessTourismEnugu Govt Captures Additional 251 Hotels Operating in the State

PilotnewsSeptember 18, 2021

ENUGU —  The Enugu State Government says it has captured an additional 251 functional hotels within its database as part of a drive to improve hospitality and tourism businesses in the state. The General Manager of Enugu State Tourism Board, Chief Steve Odo, told the News Agency of Nigeria in Enugu on Saturday that the number of hotels captured by the government is now 403. Odo spoke on the sidelines of his achievements within one...

CONTINUE READING
FG to “Shut Down” Popular Aboki FX Website, Prosecute Owner Over Soared Naira-Dollar Exchange Rate

BusinessMoneyFG to “Shut Down” Popular Aboki FX Website, Prosecute Owner Over Soared Naira-Dollar Exchange Rate

Bada Yusuf Amoo (Correspondent)September 18, 2021

ABUJA — The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as an illegal and criminal platform. The Governor of the Central Bank of Nigeria, Godwin Emefiele, who disclosed this while fielding questions after the Monetary policy committee’s two-day meeting in Abuja on Friday, noted that the bank also plans to prosecute the owner of the platform, Olusegun Oniwinde....

CONTINUE READING
Apple Announces iPhone 13 Pro As First iPhone with 1TB of Storage

BusinessTelecommunicationWorld NewsApple Announces iPhone 13 Pro As First iPhone with 1TB of Storage

Bada Yusuf Amoo (Correspondent)September 15, 2021

Tech giant Apple has announced the new iPhone 13 Pro, the first of its kind offering 1 Terabyte as a storage option, allowing iPhone users to store twice the capacity of the iPhone 13. The new model was announced during the company’s streaming event on Tuesday. Though the tech company has offered 1TB as an iPad storage option, the iPhone models have had a maximum storage capacity of 512GB. “iPhone 13 Pro and iPhone 13...

CONTINUE READING
Sharia Committee In Damaturu Raids Illegal Brothel

BusinessLaw & JusticeLifestyleSharia Committee In Damaturu Raids Illegal Brothel

Hassan Umar Shallpella (Regional Correspondent)September 15, 2021

DAMATURU, (YOBE STATE) —Officials of Damaturu Local Government Shari’a Committee alongside security operatives have raided illegal brothels, beer, and drug selling joints within the Yobe State capital. The raid was not unconnected with allegations that the areas were known for habouring of suspected criminal elements as well as underage commercial sex workers. Bukar Adamu, Council Executive Chairman, who led the Committee on Tuesday raged Zango and Kandahar areas and confiscated cartons of beers and packs...

CONTINUE READING
UNDP, GEF Distributes Goats To Ten Communities In Adamawa

BusinessRural DevelopmentUNDP, GEF Distributes Goats To Ten Communities In Adamawa

Hassan Umar Shallpella (Regional Correspondent)September 14, 2021

YOLA — Ten communities in Fufore and Yola South local government areas of Adamawa state have received 250 goats from United Nations Development Program (UNDP) and Global Environment Facility, GEF in collaboration with Adamawa state government. Seven states in Nigeria have benefited from the intervention program. Alhaji Umar Daware, state commissioner of Agriculture while making the distribution at the Adamawa State Agricultural Development Program, AADP headquarters in Yola Monday, cautioned the beneficiaries against selling the...

CONTINUE READING
Allow VAT Legal Battle Thrive, Ekweremadu Tells National Assembly

BusinessNewsPoliticsTaxationAllow VAT Legal Battle Thrive, Ekweremadu Tells National Assembly

Beloved John (Staff Writer)September 13, 2021

The former deputy senate president, Ike Ekweremadu, has warned the national assembly against embarking on any legislation over the collection of the value-added tax (VAT) and stamp duties. According to him, permitting the litigations to run the full course could strengthen the nation’s federalism. He asserted that any constitutional amendment to transfer VAT collection to the exclusive legislative list, as requested by the Federal Inland Revenue Service (FIRS) would be unjust. “In April 2012, I...

CONTINUE READING
Sokoto Inaugurates Animal Insemination Center, 5,000 Litres Milk Processing Factory

BusinessSokoto Inaugurates Animal Insemination Center, 5,000 Litres Milk Processing Factory

Hassan Umar Shallpella (Regional Correspondent)September 10, 2021

SOKOTO — Sokoto State Government has inaugurated a modern animal artificial insemination center and 5,000 litres daily capacity milk production factory to enhance the state’s income generation. Commissioning the center on Friday, the President, Veterinary Council of Nigeria (VCN), AIG. A’ishatu Abubakar-Baju, lauded the efforts of the Sokoto state government and urged other states to emulate what she described as a distinct initiative. Abubakar-Baju said the center along with other auxiliary veterinary places has placed...

CONTINUE READING
Lagos Assembly Passes Anti-open Grazing Bills

BusinessNewsPoliticsLagos Assembly Passes Anti-open Grazing Bills

Beloved John (Staff Writer)September 9, 2021

LAGOS — The bill which seeks to prohibit open grazing was passed by the Lagos state house of assembly on Thursday. The anti-open grazing bill was passed after two public hearings with different groups. They were invited to air their views on the bill on Thursday The assembly also passed the bill on value-added tax (VAT) during the plenary session. Both bills were passed after unanimous votes by the lawmakers. Thereafter Mudashiru Obasa, the speaker,...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com