National Assembly passes Finance Bill, imposes 70% levy on Banks’ windfall forex profits
The National Assembly on Tuesday passed proposed amendment to the Finance Act which seeks to impose 70% levy on Banks’ windfall forex profits in 2023. The passage of the Finance Act (amendment) Bill followed the consideration of the report of…
WTO: African group votes Okonjo-Iweala for 2nd term
The African Group at the World Trade organisation (WTO) presented a proposal at its General Council (GC) to re-elect Ngozi Okonjo-Iweala as director-general of the organisation. Adebayo Thomas, the Director, Press and Public Relations, Ministry of Industry, Trade and Investment,…
Unfair criticism of Dangote creating bad waves for Nigeria, says AFDB President, Adesina
Akinwumi Adesina, President of the African Development Bank (AfDB), has expressed shock over the Dangote Refinery issue involving Nigerian government agencies, stating that it is generating negative global perceptions of Nigeria. Recently, the Chief Executive of the Nigerian Midstream and…
Osun, FG partners to improve primary healthcare centres
• Train midwives, adhoc staff on new best practices for service delivery The Governor Ademola Adeleke led Osun State Government and the federal government, has collaborated on ways to fashion out improved healthcare services for the people of the state….
[Just In] Autonomy: Osun Assembly Moves to Amend State Electoral Commission, LG Creation and Administration Laws
Following the recent judgement by the Supreme Court granting financial autonomy to the 774 Local Governments in Nigeria, Osun State House of Assembly today has begun the process of amending its existing laws. The bills slated for amendments include the…
Tinubu Sends Bill To House of Reps To Amend Police Act, Extend Inspector-General’s Tenure
President Bola Tinubu has requested that the National Assembly assent to a bill seeking amendment to the Police Act. Details of the bill include the amendment of the tenure of the Inspector General of Police (IGP). It would be recalled…
Senate Passes New Minimum Wage Of N70,000 Into Law
The Nigerian Senate has passed into the law the newly amended national minimum wage Act. In a speedy way, the bill, scaled first, second and third readings, just minutes after it was transmitted by President Bola Tinubu and was immediately…
NNPC CEO, Mele Kyari Challenges Aliko Dangote To Name Government Workers Behind Fuel Plant In Malta
Mele Kyari, the group chief executive officer (GCEO) of the Nigeria National Petroleum Company (NNPC) Limited, has challenged billionaire businessman, Aliko Dangote, to reveal the identities of NNPC workers accused of establishing a blending plant in Malta. In a statement…
5,658 high-scoring UTME candidates miss admissions in four years
No fewer than 5,658 candidates who scored 300 and above in Unified Tertiary Matriculations Examinations missed out on admissions into tertiary institutions between 2019 and 2023, recent data obtained from the Joint Admissions and Matriculation Board has revealed. It was…
No more funding for unviable projects, Umahi insists
The Minister of Works, David Umahi, has clarified the reason behind the Federal Government’s decision to stop funding all ongoing projects at the same time. According to Umahi, the decision was made due to a large disparity between the increase…