FG Promises To Review Social Investment Programmes

Dr Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation, says plans are underway to rejig the N-Power scheme to accommodate more people and ensure prompt payment of beneficiaries’ stipends. Edu disclosed this in a statement on Sunday issued by her Special Adviser, Media and Publicity, Mr Rasheed Zubair, in Abuja.

IPMAN Decries Incessant Pipeline Vandalism In Lagos

The Independent Petroleum Marketers Association of Nigeria, Ejigbo Satellite Depot, has condemned the incessant pipeline vandalism in Lagos. It noted that pipelines of the Nigerian National Petroleum Company Limited in Lagos are often vandalised by criminals. This is as IPMAN raised the alarm over incessant activities of pipeline vandalism at Idimu, Alimosho Local Council Development Area of Lagos.

Just In: FIRS To Take Over Direct Collection Of Revenue For Customs, Others

The Presidential Committee on Tax Policy and Fiscal Reforms has revealed that the Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of revenue, This was disclosed by the Chairman of the Committee, Taiwo Oyedele, while speaking on Channels Television’s Sunrise Daily breakfast programme on Wednesday. According to Oyedele who is former Fiscal Policy Partner and Africa Tax Leader at Price Waterhouse Coopers (PwC), the Federal Inland Revenue Service (FIRS) will now collect revenue for the MDAs.

Subsidy Removal: Nigeria’s Fuel Consumption Drops By 28%

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has disclosed that the average daily consumption of fuel in Nigeria has fallen by no fewer than 28 percent since President Bola Ahmed Tinubu announced the scrapping of fuel subsidies. According to new figures released by NMDPRA, the average daily petrol consumption fell to 48.43 million liters (13 million gallons) in June, as against the previous average of 66.9 million.

Taxi Services Suspends At Abuja Airport- FAAN

The Federal Airports Authority of Nigeria (FAAN) has suspended car hire service at the Nnamdi Azikiwe International Airport, Abuja over unsettled factional disagreement among the car hire operators. FAAN Spokesman, Abdullahi Yakubu-Funtua, on Thursday, while regretting any inconvenience stated that normal services will resume once their divergences are resolved.

We Need All The Help We Can Get – President Tinubu

President Bola Ahmed Tinubu has said Nigeria needs all the help that it can get at the moment. The President said this on Tuesday while receiving visiting Bank of America officials in his office at the State House, Abuja. He expressed confidence that his administration was on the pathway to success in spite of the challenges facing the country, adding that Nigeria has no reason to fail the rest of the African continent. President Tinubu, also promised that his government was committed to instituting reforms that would engender the sustainable growth and development of the country. Because he believe that the country’s governance and development challenges cannot be addressed without fiscal and institutional reforms.

Nigeria Will Experience Positive Change And Progress – Vp.Shettima

Vice President Kashim Shettima has assured Nigerians, especially those living in Russia, that the country, under the administration of President Bola Tinubu, will experience positive change and progress. He gave this assurance during an interactive forum with members of the Nigerian community in St. Petersburg, Russia. The Vice President, who met with them on Friday evening, addressed concerns raised by members of the community.

Abuja AfriTrade Fair - Over 158 companies To Participate

As the Abuja Chamber of Commerce and Industry (ACCI) prepares to host the maiden edition of its trade show, AfriTrade B2B organised in partnership with the CMD Tourism and Trade Enterprises and KVS International, more than 158 local and international companies have registered for the show.

FAAC: FG Shares N907.054bn Revenue To States, LG Councils For June

The Federation Account Allocation Committee (FAAC) has shared a total sum of N907.054 billion June 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for July 2023. The meeting was chaired by the Accountant General of the Federation, Dr. Oluwatoyin Madein.

Fuel Subsidy: FG, Labour Resumes Negotiation

Representatives of the Federal Government and the leadership of the Nigeria Labour Congress, NLC, will on Monday, today, resume talks on petrol subsidy removal palliatives.