Department of Petroleum Resources Scrapped, Nigerian Upstream Regulatory Commission To Take Over

BusinessOil & GasDepartment of Petroleum Resources Scrapped, Nigerian Upstream Regulatory Commission To Take Over

Hassan Umar Shallpella (Regional Correspondent)October 7, 2021

ABUJA — Senate President Ahmad Lawan has said with the confirmation of the board members of the newly created Nigerian Upstream Regulatory Commission, the Department of Petroleum Resources (DPR) has been scrapped. After the confirmation of the board members on Wednesday, Lawan said with the Petroleum Industry Act (PIA) and the confirmation of the nominees sent to the Senate by President Muhammadu Buhari, said the new commission would take over the functions of the defunct...

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Nigerian Government To Spend N16.39 Trillion In 2022

EconomyNational DevelopmentNigerian Government To Spend N16.39 Trillion In 2022

Hassan Umar Shallpella (Regional Correspondent)October 7, 2021

ABUJA — The Federal Executive Council (FEC) has approved the 2022 Appropriation Bill for an aggregate expenditure of N16.39 trillion for presentation to the National Assembly by President Muhammadu Buhari today Thursday. Zainab Ahmed, Minister of Finance, Budget and National Planning, made this known when she briefed State House correspondents on the outcome of the Council meeting, presided over by President Muhammadu Buhari, on Wednesday in Abuja. On the approved 2022 Appropriation Bill for an...

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No Peace In The South-East After Our Departure – Miyetti Allah

BusinessHerdsmenNewsNo Peace In The South-East After Our Departure – Miyetti Allah

Bada Yusuf Amoo (Correspondent)October 7, 2021

Herdsmen in Nigeria under the umbrella of the Miyetti Allah Kautal Hore have mocked the insecurity happening in the South East, saying despite their exit and the implementation of the anti-open grazing law, insecurity in the region has been on the increase. The group spokesperson, Saleh Alhassan, said this in an interview with journalists on Tuesday, stressing that it is obvious that the Fulani herders were never the problem. He said that there was no...

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FG Considering Taking States to the Supreme Court over VAT

BusinessTaxationFG Considering Taking States to the Supreme Court over VAT

Bada Yusuf Amoo (Correspondent)October 7, 2021

ABUJA — The Attorney General of the Federation and Minister of Justice, Abubakar Malami, has said that the Federal Government, may, at the Supreme Court, challenge states that legislated on the Value Added Tax. Malami said this while answering questions from State House correspondents after the meeting of the Federal Executive Council at the Presidential Villa, Abuja. Responding to his position on VAT and governors’ push for states to take custody of the tax, the...

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500 Nigerians Lose Jobs As UAE Declines Renewal of Work Visas

Foreign PolicyJobs500 Nigerians Lose Jobs As UAE Declines Renewal of Work Visas

Bada Yusuf Amoo (Correspondent)October 7, 2021

Over 500 Nigerians have lost their jobs and are stranded for months after the United Arab Emirates stopped granting or renewing Direct Employment Visa for Nigerians in the Western Asian country. It was gathered that while many of the affected persons had returned to Nigeria, hundreds of them are still in UAE in the hope that Abu Dhabi would reverse the decision. The UAE Ambassador to Nigeria, Dr. Fahad AI Taffaq, had said there was...

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Anambra State House of Assembly Begins Consideration of the Anti-Open Grazing Bill

BusinessLaw & JusticeNewsAnambra State House of Assembly Begins Consideration of the Anti-Open Grazing Bill

Ebuka Onyekwelu (Staff Writer)October 5, 2021

AWKA — The Anambra State House of Assembly today commenced consideration of the Anti-open grazing bill which was sent to the House Committee on Agriculture chaired by Hon. John Nwokoye, member representing Awka North constituency. Following the sensitivity of the bill, last week, the Committee on Agriculture held a public hearing to elicit diverse responses on various clauses of the bill and the hearing was well attended by stakeholders not only in the agricultural sector...

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It is Illegal and Political Suicide To Support Herdsmen, Falana to FG

BusinessLaw & JusticeIt is Illegal and Political Suicide To Support Herdsmen, Falana to FG

Bada Yusuf Amoo (Correspondent)October 5, 2021

ABUJA — Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has said the Federal Government’s decision to support herdsmen who are planning to challenge the anti-open grazing law in court is not only unconstitutional but political suicide. The activist said this in a statement on Monday while reacting to a report quoting the Special Assistant on Media to the Attorney-General of the Federation and Minister of Justice, Dr. Umar Gwandu, that the Federal...

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PANDORA PAPERS: At Least Ten Nigerian Politicians, Eight Other African Countries Feature In Pandora Papers

MoneyTaxationWorld NewsPANDORA PAPERS: At Least Ten Nigerian Politicians, Eight Other African Countries Feature In Pandora Papers

PilotnewsOctober 5, 2021

No less than 10 Nigerian politicians have been implicated in the Pandora Papers. At least eight African countries are featured in the document. In all, there are 336 politicians listed in the document, according to the International Consortium of Investigative Journalists, which published the earth-shaking papers on Sunday. The ‘Pandora Papers’ is an investigation based on one of the biggest-ever leaks of financial documents which, on Sunday, exposed a hidden world of shielded wealth belonging...

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South-South States to Join Rivers, Lagos at the Supreme Court Over VAT

BusinessTaxationSouth-South States to Join Rivers, Lagos at the Supreme Court Over VAT

Bada Yusuf Amoo (Correspondent)October 5, 2021

ASABA — South-South Governors have declared their intention to join Rivers state at the Supreme Court in the ongoing tussle on the collection of Value Added Tax (VAT) by states. In a statement signed by its chairman and governor of Delta, Ifeanyi Okowa, the forum said, “We Unequivocally support the decision for states to collect value-added tax, and resolved to join the suit before the Supreme court.” The decision follows a meeting by the forum...

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Pandora Paper: Secret Tax Havens of World Leaders, Celebrities

CorruptionMoneyWorld NewsPandora Paper: Secret Tax Havens of World Leaders, Celebrities

Bada Yusuf Amoo (Correspondent)October 4, 2021

More than a dozen heads of state and government, including the King of Jordan and the Czech prime minister, have hidden millions in offshore tax havens, according to an investigation published Sunday by the ICIJ media consortium. The so-called “Pandora Papers” investigation — involving some 600 journalists from media including The Washington Post, the BBC, and The Guardian — is based on the leak of some 11.9 million documents from 14 financial services companies around...

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