Oyedele Defends New Tax Bill, Says Proposed Amendment Meant to Usher Fairer Template for VAT Distribution
The Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax Reform, Mr. Taiwo Oyedele, has outlined the committee's proposal for a more equitable derivation formula for Value Added…
Sanwo-Olu Performs Groundbreaking Ceremony for Akwa Ibom’s 18-Story Ibom Towers in Lagos
In a landmark move toward inter-state collaboration, Lagos State Governor, Babajide Sanwo-Olu, led the groundbreaking ceremony for the construction of the Ibom Towers, an 18-story multipurpose building owned by the…
Building Collapse: National Assembly Urged to Revisit Bill to Criminalize Substandard Iron Rods
The Iron Rod and Steel Distributors Employers Association of Nigeria (IRSDEAN) has called on the National Assembly to revive a bill aimed at criminalizing the production and distribution of substandard…
Court Stops CBN from Releasing Allocations to Rivers State
Justice Joyce Abdulmalik of the Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to halt further monthly financial allocations to the Rivers State Government. The…
FCTA Arrests Expatriate Contractor For Vandalising Abuja Street Cable
The Federal Capital Territory Administration (FCTA) through the Abuja Metropolitan Management Company (AMMC) said it has arrested a prominent expatriate contractor for vandalism of key components of street light in…
World Bank Urges Swift Action on Youth Employment as Nigerians Grapple with Economic Strain
The World Bank is urging the Nigerian government to prioritize job creation for young citizens as the country faces unprecedented economic strain following the removal of fuel subsidies. President Bola…
Northern Governors Urged to Support Tax Reform for Regional Growth and Prosperity
In an open letter to the governors of Northern Nigeria, Aderonke, Technical Assistant to the Executive Chairman of the Federal Inland Revenue Service (FIRS), advocates for embracing the recent Tax…
Lagos to Prosecute Residents for Hosting Events on Public Roads
The Lagos State Task Force has issued a stern warning to residents who obstruct public roads by hosting events, cautioning that violators will face prosecution. This follows the recent arrest…
Federal Government Inaugurates Builder’s Disciplinary Tribunal to Enforce Accountability
The Federal Government has inaugurated the Builder’s Disciplinary Tribunal in Abuja, an initiative aimed at bolstering accountability and upholding professional ethics within Nigeria's construction industry. Presiding over the inauguration ceremony…
Site sealed after building collapses in Rivers
A three-storey building under construction collapsed in Iriebe, Oboo/Akpor Local Government Area of Rivers State on Tuesday. It was gathered that construction was ongoing on the third floor of the…