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Nigeria’s President unveils a record 16.39 Trillion Naira Budget.0
- News
- Tuesday, October 12th, 2021
Nigeria’s president unveiled a record 16.39 trillion naira ($39.8 billion) budget for 2022 on Thursday 7th of October, with a projected 25% year-on-year rise in government spending as the economy struggles with the impact of the pandemic. Nigeria’s President unveils record for 16.39 trillion budget. The plan for Africa’s most populous country and top oil
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Governors of the South South launch regional security outfit.0
- News
- Wednesday, October 6th, 2021
The South-South governors on Monday 5th of October 2021 floated the establishment of a joint regional security outfit with the sole prerogative to tackle the menace of insecurity in the region. Governors of the South South set to launch regional security outfit. In a statement signed by the South-South leaders’ chairman, Governor Ifeanyi Okowa, stated
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Northern governors insist power rotation to the South is unconstitutional.0
- News
- Tuesday, September 28th, 2021
The 19 governors of Northern Nigeria, have vehemently rejected the notion of rotational presidency going to Southern Nigeria, insisting that the Southerners’ rotational position is unconstitutional. Thus stance was taken yesterday by the governors at a meeting in Kaduna. Northern governors kick against power rotation to the South. The Northern governors issued a press statement
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Naira weakened significantly against the U.S. dollar at the official market.0
- News
- Monday, September 27th, 2021
Naira weakened significantly against the U.S. dollar at the official market Friday, reaching its lowest rate in that market, even as foreign exchange supply rose marginally. Naira weakened against U.S. dollar at official market. Data from the FMDQ securities exchange window where forex is officially traded showed that naira closed at N414.90 per $1, the
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Northern Elders reject power shift to the South. Insist the North will continue in 2023.0
- News
- Monday, September 20th, 2021
The leaders of the North at a recent meeting have insisted that the region will not give up the presidency to the South, insisting that the region will continue to rule Nigeria come 2023. This is coming after the stance by the Southern Governors’ Forum that presidential power must return to the South at the
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FIRS insist on collecting VAT till the Appeal Court states otherwise.0
- News
- Tuesday, September 7th, 2021
The Federal Inland Revenue Service (FIRS) insists it will continue to collect Value Added Tax (VAT) from businesses operating in the country. This comes despite the recent High Court judgment ruling against the agency in favour of Lagos and Rivers State. FIRS insist on collecting Value Added Tax. This was detailed in a letter sent
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