FIRS 2022 Budget: N2.8bn on Uniform, N550m on Meals, N200m on Sporting Activities, Others

EconomyTaxationFIRS 2022 Budget: N2.8bn on Uniform, N550m on Meals, N200m on Sporting Activities, Others

Bada Yusuf Amoo (Correspondent)October 17, 2021

ABUAJ — The Federal Inland Revenue Service (FIRS) has earmarked the sum of N2.8bn for “uniforms and clothing” for the year 2022. The tax body has also budgeted about N550m for refreshments and N200m for sporting activities. The FIRS, which is one of the highest revenue-generating government bodies, set aside N262.5m for security votes while N17.8bn would be spent on “miscellaneous” expenses. The details are included in the 2022 budget proposal the agency submitted separately...

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Anambra State Governor Obiano Presents 2022 Budget to State Assembly

EconomyNewsSoutheastAnambra State Governor Obiano Presents 2022 Budget to State Assembly

Ebuka Onyekwelu (Staff Writer)October 14, 2021

AWKA — The Governor of Anambra state Chief Willie Obiano, today presented the 2022 draft budget to the state House of Assembly. The 2022 draft estimate is Governor Obiano’s final budget and when passed by the House before his administration elapses, then, that will be his last chance at contributing to the growth and development of the state as governor. In his opening remarks, the Speaker of Anambra State House of Assembly, Rt. Hon. Uche...

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BusinessPoliticsHon. Somto Udeze Empowers Constituents with Business Capital Among Other Support

Ebuka Onyekwelu (Staff Writer)October 14, 2021

AWKA — The member representing Ogbaru 11 constituency in Anambra State House of Assembly, Hon. Somto Udeze has empowered no fewer than one hundred and sixty constituents with business capital and work tools, to assist businessmen and women. Of the one hundred and sixty beneficiaries, no less than one hundred and forty are petty businesswomen in Ogbaru. About one hundred and thirty-seven of them were given the sum of twenty thousand Naira, to support their...

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2022 Budget: Kaduna Govt Targets N24.9 bn VAT, N67 bn IGR

EconomyRegions2022 Budget: Kaduna Govt Targets N24.9 bn VAT, N67 bn IGR

PilotnewsOctober 12, 2021

KADUNA — Gov. Nasir El-Rufai of Kaduna State, says the state expects an internally generated revenue of N67.26 billion and N24.9 billion Value Added Tax (VAT) which will be used to partly finance the state’s 2022 budget of N233 billion. The governor made the disclosure while presenting the 2022 draft budget to the State House of Assembly on Tuesday. He indicated that the budget has a capital expenditure of N146 billion and recurrent spending of...

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Anambra Assembly Passes Anti-Grazing Bill into Law, As Governor Obiano is Set to Present 2022 Budget

BusinessLaw & JusticeAnambra Assembly Passes Anti-Grazing Bill into Law, As Governor Obiano is Set to Present 2022 Budget

Ebuka Onyekwelu (Staff Writer)October 12, 2021

AWKA — Anambra State House of Assembly has passed the anti-grazing bill into law after the bill was read for the third time and overwhelmingly supported by members during the plenary session today. A bill for a law to prohibit and abolish open and nomadic grazing was submitted to the House a few weeks ago and has been painstakingly considered by the House before it was passed at about 3.55 pm, Nigerian time on Tuesday,...

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Nigeria’s Oil Production Rises Byy 0.8% to 1.25m Barrel Per Day – DPR

BusinessNewsOil & GasNigeria’s Oil Production Rises Byy 0.8% to 1.25m Barrel Per Day – DPR

Beloved John (Staff Writer)October 12, 2021

ABUJA — Oil production in Nigeria rose to an average of 1.25 million barrels per day in September from 1.24 million the previous month according to data from the Department of Petroleum Resources (DPR). According to the 2021 crude oil and condensate production report, the increase represented 0.8 percent from the August production figure. However, it is still among the lowest since January 2021. Recently, vice-president Yemi Osinbajo had admitted the country’s low oil production...

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Governor Ganduje Again Sack Engr Magaji

JobsPoliticsGovernor Ganduje Again Sack Engr Magaji

Hassan Umar Shallpella (Regional Correspondent)October 12, 2021

KANO — Governor Abdullahi Ganduje of Kano state for the second time in a year has sacked Engr. Mu’azu Magaji (Dansarauniya) under his administartion. Magaji who was a commissioner was first sacked after a post on Facebook indirectly mocked the death of Abba Kyari, erstwhile Chief of Staff to President Muhammadu Buhari, who had died of complications from COVID-19. But, a few months later, Ganduje appointed him as the Executive Chairman, state NNPC/AKK Gas Pipeline...

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Adamawa State Government Unveil Agribusiness Support Programme

AgricultureBusinessInvestingAdamawa State Government Unveil Agribusiness Support Programme

Hassan Umar Shallpella (Regional Correspondent)October 11, 2021

LAGOS — The Adamawa State Government has formally unveiled its Agribusiness support programme at an Investors dinner held in Lagos, Nigeria’s commercial hub. According to a statement by Governor Fintiri’s Press Secretary Mr. Humwashi Wonosikou, the homegrown Agribusiness Programme is the first of its kind in the capital market in Nigeria. Fintiri said his administration is committed to navigating the market conscious of the burden of responsibility not only to the investing community but to...

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MTN Apologises to Customers Over Network Outage

BusinessTelecommunicationMTN Apologises to Customers Over Network Outage

Beloved John (Staff Writer)October 10, 2021

Mobile network operator, MTN  has said its service is now fully restored, following the network disruption experienced on Saturday. In a text message to customers on Sunday afternoon, MTN said its service is now fully restored. “Please accept our sincerest apologies for the difficulties you experienced on our network yesterday. Service has now been fully restored. We truly appreciate your patience and understanding,” the message reads. The telecommunication service had apologised to its Nigerian customers...

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Governor Oyetola Denies Report of Pandora Papers Linking Him to Multi-Billion Business, Property

CorruptionMoneyNewsGovernor Oyetola Denies Report of Pandora Papers Linking Him to Multi-Billion Business, Property

Bada Yusuf Amoo (Correspondent)October 9, 2021

Governor of Osun State, Adegboyega Oyetola, has denied reports by the Pandora Papers linking him to multi-billion naira business and property ownership overseas. The Pandora Papers is an investigation carried out by the International Consortium of Investigative Journalists, which exposed shady deals as well as hidden wealth owned by hundreds of politicians and serving heads of governments in countries across the world. According to the investigation, Oyetola was said to have bought a multi-billion naira...

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