Nigerians will be paying a lot more for their fizzy drinks. This is because there is a new policy on sugar control, and because the Federal Government is increasing its revenue base to include more non-oil products. Mrs Zainab Ahmed, the Nigerian Minister of Finance, Budget and National Planning, said the Federal Government has introduced Read More…
Unless our summations are wrong, the Federal Government may impose a six-per cent tax on turnover of non-resident blue-chip digital companies who sell products to Nigerian residents. These may affect companies such as Alphabet (owners of Google), Apple inc., Meta (owners of Facebook), Twitter, and PayPal who render online services to Nigerian residents. On Wednesday, Read More…
After much dilly-dallying over the issue, the Federal Government is now ready to call bandits by the name ‘terrorists’. This move is contained in an official gazette on the proscription of banditry in Nigeria released by the Federal Government on Wednesday. This was disclosed by Dr Umar Gwandu, the Special Assistant on Media and Public Read More…
Parties in the Magodo/Shangisha land dispute met on Wednesday as a way towards resolving the matter. The Commissioner for Information and Strategy, Mr Gbenga Omotoso, in a statement, indicated that the meeting held at the Lagos House, Ikeja, was chaired by the State Governor, Mr Babajide Olusola-Sanwo-Olu. Stakeholders in attendance included the Judgment Creditors (Shangisha Read More…
A fire has destroyed 250 shanties, 200 makeshift buildings and 40 sawmilling machines at Oko-Oba in Lagos. The fire which broke out on Wednesday was confirmed by Mr Ibrahim Farinloye, Zonal Coordinator (Southwest) of the National Emergency Management Agency (NEMA). He said the fire began at 11.40 a.m. but was put out by the combined Read More…