Reduction

Chairman of Innoson Vehicle Manufacturing Company Limited (IVM), Innocent Chukwuma, has warned that the Federal Government’s proposed reduction of import duties and levies on buses, tractors and other motor vehicles as contained in the recent 2020 Finance Bill will kill the local automotive industry.

Gov. Atiku Bagudu of Kebbi State, on Tuesday kick-started the mass distribution of pre-paid metres, tagged “National Mass Metering Programme”, in Birnin Kebbi.

Total deaths from terrorism in Nigeria fell to 1,245 in 2019, a 39 per cent decline, making it the lowest in the country since 2011, according to 2020 Global Terrorism Index (GTI) report.

Nigeria recorded 168 new cases of COVID-19 and one death on Tuesday, new data by the country’s infectious disease agency, NCDC, showed last night.

In order to reduce the impact of inflation on Nigerians, President Muhammadu Buhari-administration, through the 2020 Finance Bill, is proposing the exemption of minimum wage earners from the Personal Income Tax.

Civil Society Organisations, CSOs, Monday, expressed dismay over alleged poor management of economy following the recession that struck the economy at the weekend as reported by the National Bureau of Statistics, NBS.

The airline’s Chief Operating Officer, Mrs. Toyin Olajide, said the COVID-19 pandemic devastated airlines worldwide, Nigerian airlines inclusive and that Air Peace is not immune from this.

Labour unions are demanding a reversal of recent hike in the petrol price and did not endorse deregulation that is anchored on price hike.

Former Vice President, Atiku Abubakar, has advised the federal to “swallow its pride”, acknowledge its limitations and accept quality ideas to end the latest round of recession.

No fewer than seven suspected kidnappers have been arrested by men of the Edo State Joint Security Task Force during a raid around Ogbemudia oil palm plantation, along Benin/Auchi highway, barely 24 hours after the taskforce kicked into action.

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to efficiency, openness, transparency and prudence in service delivery if it is to realise its objectives and meet the expectations of its shareholders.

Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.

Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.

The Federal Government has agreed to pay the salaries of members of the Academic Staff Union of Universities (ASUU) using a different mode of payment other than the Integrated Payroll and Personnel Information System (IPPIS).

The Professional Footballers’ Association has called for restrictions in heading while training as concerns are raised over former players being diagnosed with dementia.

The President of the Senate, Dr Ahmad Lawan, on Friday said Nigerians have the democratic right in 2023 to vote out the present crop of federal legislators if they are tired of them.

Save the Children International, Nigeria, in partnership with Federal Ministry of Finance, Budget and Planning have called on journalists to beam search light on increased reportage of nutrition issues in Nigeria.

The Independent National Electoral Commission (INEC) has declared that the All Progressives Congress (APC) and its candidate, Peremobowei Ebebi, will not participate in the Bayelsa West senatorial bye-election.