Abuja Chamber of Commerce and Industry (ACCI) has welcomed the plan by the Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello to harmonise tax policies within the territory in order end multiple taxations on by businesses in the territory. The President of ACCI, Alhaji Abubakar, in a statement yesterday, commended the minister for acknowledging the challenges faced by businesses within the territory due to series of levies, charges and taxes from Federal, FCTA and Area Councils. “Multiple taxations within the FCT and the larger national economy has imposed crippling consequences on businesses. “The fallout has been many failed businesses, the rising level of inflation, the non-thriving of existing ones and the lack of capacity to engage many unemployed youths. “We want ...
The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...
Dr. Ibrahim Goni, the Conservator-General of the National Park Service, says the agency has trained 1,200 officers on basic combat readiness paramilitary by the Nigeria Army. Goni, who disclosed this at a news conference on Tuesday in Abuja, said that the training was to help the officers and men to meet the current and future conservation requirements. “Training and re-training of officers is key to achieving success in the implementation of the service mandate. “Therefore, manpower development as a human capital function is responsible for developing the skills, knowledge and competence of the service,” he said. Goni said that the agency would focus more on manpower development to help the officers and men achieve the mandate of the service. He said that in spite of its limited resources...
YouTube The Managing Director and Chief Executive Officer of National Inland Water Ways (NIWA), Chief George Moghalu has told the Igbo to widen their horizon to convince other ethnic nationalities, if a Nigerian president of Igbo extraction must be realized. The All Progressives Congress (APC) governorship aspirant for Anambra 2021 election, Chief Moghalu said this during an interactive session with journalists in Nnewi on Saturday. He noted that the Igbo known for work hard should apply same and traverse the width and breadth of Nigeria to garner support for the 2023 presidency project and not to sit down at one place nursing self-pity. He declared that power could only be taken, not given. “Since it’s a democratic dispensation where number matters, there is need for Ndigbo to sit down an...
Federal Road Safety Corps (FRSC) has decried high level of speed and COVID-19 violations by motorists across the country during the yuletide. Zonal Commanding Officer RS9, Enugu, Mr Owoimaha Odoma, disclosed this to newsmen on Friday in Owerri. He said the issue became worrisome as over speeding often led to road crashes, while violation of COVID-19 protocol by motorists could also escalate the dreaded virus in various communities. Udoma, who is the zonal inspection head on FRSC ‘Operation Zero Tolerance to Road Traffic Violation’, warned motorists against over speeding. “We embarked on road monitoring in the states under the zone and we have observed that violations of speed and COVID-19 guidelines were the major challenges on the road during this period. “We started this road inspection ...
Qatar will host the FIFA Club World Cup 2020 from February 1 to 11, 2021, after it was postponed earlier this year due to the COVID-19 pandemic. Six continental confederations, as well as the host nation’s league champions, will compete in the tournament, which will be held across three FIFA World Cup Qatar 2022 stadiums — Ahmad Bin Ali, Khalifa International and Education City. The Ahmad Bin Ali Stadium, inaugurated just last week on December 18, will stage the opening match between Qatari champions Al Duhail and Auckland City of New Zealand on February 1, and the final will be played at Education City Stadium on February 11. Joining the two teams will be European champions and German side FC Bayern Munich, CONCACAF champions Tigres UANL from Mexico, Al Ahly SC, Egyptian side and winners ...
The First Lady of Ekiti State, Erelu Bisi Fayemi, has called on rich Nigerians to stop seeking medical treatments abroad, saying the multi-system nature of Afe Babalola University Teaching Hospital (ABUTH) can rival any hospital in the world. Fayemi added that ABUTH is well equipped with personnel and instruments with indisputable capacity to offer quality healthcare delivery that any hospital in India, United States of America, Britain and other advanced nations could offer. The state first lady stated this at her office in Ado Ekiti yesterday, while playing host to the family of Miss Precious Sodeinde, who suffered brain tumour, and was taken to the hospital by her for treatment. The operation done on Precious, who had gone partially blind before the issue was reported to the first lady,...
Nigerian National Assembly spends billions of naira on constitution review
The perennial constitution amendment exercise by the National Assembly is characterised by proposals that keep resurfacing despite gulping billions of naira yearly, an analysis has shown. The federal parliament had from the 5th to the current 9th National Assembly made several attempts to amend some provisions of the 1999 Constitution to no avail. At every session, the parliament officially spends N1 billion shared equally between the Senate and the House of Representatives. There are reports that the lawmakers spend more than what is appropriated for the exercise. While some amendments were successful, several others suffered serial failures but kept appearing in new proposals. Considering the huge spending, lawyers and civil society groups have pointed out that no significant amendments ...