Double taxation: FG asks states to streamline collections

State governments have been asked to harmonise their tax laws to ensure that citizens do not suffer double taxation.

The executive secretary of the Joint Tax Board, JTB, Mr Oseni Elamah, said though concept of multiple taxation is misunderstood in Nigeria, there is the need for proper tax laws [...]

Sat, 29 December 2018


FG eyes $30bn manufacturing exports by 2025

The Ministry of Industry, Trade and Investment has unveiled plans to increase manufacturing exports to about $30billion by 2025 through the development of Special Economic Zones, SEZs, across  the country.

The strategy, the federal government says will set ambitious targets for invest [...]

Sat, 29 December 2018


FGFG refutes allegations of planned tax raise

The federal government has dismissed media reports alleging a planned tax increase to generate revenue to fund the 2019 budget.

The Minister of Finance, Mrs. Zainab Ahmed, said the federal government only intends to increase its tax base and not increase tax rate as erroneously reported in some [...]

Sat, 29 December 2018


Investment inflow drops by 55% between Q1 and Q3

Investment inflow into the Nigerian economy dropped drastically by 55.1percent in the third quarter of 2018, from the $6.3billion recorded in the first quarter of the year.

The latest capital importation report released by the National Bureau of Statistics, NBS, shows that decline was worst fel [...]

Sat, 29 December 2018


SHORT STORY The Lazy Dreamer

Once, in a small village, there lived a poor Brahmin. He was very learned, but did nothing all day. Every day he lived on alms the villagers gave him.

 

 

 

 

 

One day, as usual, the Brahmin got up in t [...]

Fri, 28 December 2018


Sammie Okposo blasts Akpororo

 

 

 

 

 

 

 

Sammie Okposo blasts Akpororo

Popular gospel singer, Sammie Okposo believes in ‘practicing what you preach.’ And that’s why he ca [...]

Fri, 28 December 2018


UBEC set to unveil school census results in February

The Universal Basic Education Commission, UBEC, is set to formally announce the results of its recently concluded school census on February 28, 2019.

Executive Secretary of UBEC, Dr. Hamid Bobboyyi, who disclosed this at a media parley in Abuja, said the commission was currently analyzing data [...]

Fri, 28 December 2018


Edwin Clark varsity secures NUC approval on core courses

Edwin Clark University, Kaigbodo, Delta State has secured the National Universities Commission, NUC’s, accreditation for 14 of its core programmes.

Vice Chancellor of the University, Prof. Timothy Olagbemiro, said the fourteen new accreditations bring the number of accredited programmes i [...]

Fri, 28 December 2018


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