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Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS chief: NSE’s demutualisation will strengthen investor confidence

The Executive Chairman, Federal Inland Revenue Service (FIRS), Alhaji Muhammad Nami, has said the demutualisation of the Nigerian Stock Exchange (NSE) will promote access to diverse investment opportunities and strengthen investors’ confidence in the capital market.
Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

Minister: Nigeria won’t stop borrowing

Notwithstanding Nigeria owing $86.39 billion (N32.9 trillion) to external creditors, the nation will continue to borrow to finance infrastructural development, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said yesterday.
This was made known by the Director-General, NADDC, Jelani Aliyu, Abuja at the unveiling of Hyundai Kona Electric Car, Nigeria’s first locally assembled electric car in Abuja.

NADDC: Nigerian government attracted over $1 billion investment in automobile industry in 2019

This was disclosed by the Director General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu at the opening of a two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of federal government and its agencies, chaired by Hon. Victor Akinjo.

Auditor-General indicts MDAs for improper spending of N105.66 billion

The office of the Auditor-General for the Federation (AuGF) has expressed concerns over irregularities and weaknesses in financial regulations across ministries, departments and agencies (MDAs) of government, especially in the disbursement and utilisation of public funds.
(FILES) A file photo taken on November 20, 2017 shows logos of US multinational technology company Google displayed on computers' screens. Google is dropping out of the bidding for a huge Pentagon cloud computing contract that could be worth up to $10 billion, saying the deal would be inconsistent with its principles. The decision by Google, confirmed to AFP in an email October 9, 2018, leaves a handful of other tech giants including Amazon in the running for the Joint Enterprise Defense Infrastructure (JEDI) contract aimed at modernizing the military's computing systems. / AFP PHOTO / LOIC VENANCE

Google wants to give Africans N35 million each for news-business ideas, amid Australian war

Applications have just opened for a new round of a Google-funded scheme to help media organisations in the African region improve their revenues – as tech giants fight it out with Australia about funding news.

BudgIT: 33 Nigerian states lack portals for budget monitoring

A technology-driven civic organisation, BudgIT, has revealed that about 33 states in Nigeria lack portals that enable members of the public to monitor and scrutinise their annual budget performance.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.

NBS: Nigeria’s economy contracted 1.92% in 2020

Nigeria’s economy contracted by 1.92% in 2020, the statistics office said, marking the country’s second full-year recession since 2016, as a result of a fall in revenues due to an oil price slump on top of the COVID-19 pandemic.
Jean-Michel Aulas, the powerful president of leading French club Lyon, has admitted that supporters of his side are "fundamentally opposed" to any plans for a breakaway European Super League.

Lyon chief admits supporters will not back Super League

Jean-Michel Aulas, the powerful president of leading French club Lyon, has admitted that supporters of his side are "fundamentally opposed" to any plans for a breakaway European Super League.
Tafawa Balewa Square

Nigeria to concession Lagos TBS, trade fair complex, others

The Nigerian government says it is set to concession the Tafawa Balewa Square, Lagos International Trade Fair Complex, and the Calabar and Kano Special Economic Zones.

IMF: Nigeria vowed to avoid fuel subsidy’s return

The International Monetary Fund says Nigeria has expressed strong commitment to avoid the return of fuel subsidy and to put an end to electricity tariff shortfalls by June this year.
Governor Douye Diri has expressed worry over the development, following the lifting of the ban on interstate travel.

Bayelsa governor: I Inherited eight years unpaid pension

After spending one year in office, the Bayelsa State Governor, Senator Douye Diri, has disclosed that his predecessor, Senator Seriake Dickson, left him with eight-year pension and gratuity liabilities of retired civil servants to settle.
Britain said on Wednesday it was helping Kenya prepare to roll out the Covid-19 vaccine developed by Astrazeneca and Oxford University, as African nations race to ensure their populations are inoculated.

AstraZeneca says coronavirus vaccine “not perfect, but saves lives”

AstraZeneca's Covid-19 vaccine is not perfect, but will have a big impact on the pandemic, its chief executive predicted on Thursday, as the drugmaker pledged to double output by April and the African Union gave its backing for the shot.
Lagos State Governor, Mr. Babajide Sanwo-Olu on Tuesday expressed his administration’s readiness to partner and synergise with Nigerian Maritime Administration and Safety Agency (NIMASA) and other federal agencies in areas of comparative advantages for the growth and development of the State and Federal Government.

Lagos seeks synergy with NIMASA on waterways, ferry services

Lagos State Governor, Mr. Babajide Sanwo-Olu on Tuesday expressed his administration’s readiness to partner and synergise with Nigerian Maritime Administration and Safety Agency (NIMASA) and other federal agencies in areas of comparative advantages for the growth and development of the State and Federal Government.

Ondo government asks residents to reject hike in taxi fare

Also, Commercial Drivers operating under Road Transport Employeers Association of Nigeria (RTEAN) have rejected the hike in transport fares in Akure metropolis and other parts of the state pitching them against the NURTW.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Inter-tribal conflict: Leaders must unite against criminality – Senate

The Senate has called on all leaders across the country to come together in unison against criminality following the activities of bandits and kidnappers, as well as resist the antics of divisive elements bent on instigating inter-ethnic tensions across the country.
Nigerian National Petroleum Corporation (NNPC)

NNPC declares N13.43 billion trading surplus for November 2020

The Nigerian National Petroleum Corporation, NNPC, has declared a trading surplus of N13.43billion for November 2020, 54 per cent more than the N8.71billion recorded in October 2020.
Petrol Tankers

Nigerian government mulls fuel freight hike

The federal government indicated yesterday that it was considering an increase in petrol freight, that is, the rate of transporting commodities, goods and cargo by land, sea or air, from N7.51 per litre of the product.

Anambra advertising agency sets N1 billion revenue target amidst pandemic

Anambra State Signage and Advertising Agency (ANSAA) says it is poised to actualize its N1 billion revenue target this year in spite of the surge of the second wave of the COVID-19 pandemic.

Rights group commends Netherlands court on Shell liability for oil spill in Niger Delta

The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has lauded judgement by the Netherlands Court of Appeal that held Shell liable for oil spills across Nigeria’s coastal communities of the Niger Delta and consequently ordered it (Shell) to pay compensation for the spills which polluted rivers, fishponds and farmlands that thousands of local farmers and fishermen in the oil-rich region farm and fish.
President Muhammadu Buhari on Saturday revalidated his membership of the All Progressives Congress (APC) in his constituency in Daura, Katsina State.

President Buhari: Nigerian elites harassing us despite our performance

President Muhammadu Buhari on Saturday revalidated his membership of the All Progressives Congress (APC) in his constituency in Daura, Katsina State.
Speaking at the inauguration of a 969-metre `Rebisi’ dual carriage flyover in Port Harcourt, on Saturday, Minister of Works and Housing, by Mr Babatunde Fashola, who made the pronouncement also said that the Federal Government “is not in competition with any state’’ of the federation over project implementation.

Nigerian government to commence procurement process for highway concessions

The Minister of Works and Housing, Mr. Babatunde Fashola, SAN, has said that with the receipt of the Certificate of Compliance, the Federal Government is to officially commence the procurement process for the highway concessions under the Highway Development and Management Initiative (HDMI).
Nigerian National Petroleum Corporation (NNPC)

NNPC records 92% increase in sales of petroleum products in October

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.

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Ruben Dias admits, with Manchester City on a run of 20 consecutive wins in all competitions, they stand to be their own “worst enemy” in their relentless pursuit of major silverware.

Ruben Dias: Manchester City are their own ‘worst enemy’

Ruben Dias admits, with Manchester City on a run of 20 consecutive wins in all competitions, they stand to be their own “worst enemy” in their relentless pursuit of major silverware.
Ahead of the March 6 Delta State local government council polls, Deputy Senate President, Senator Ovie Omo-Agege, weekend, reiterated that the elections could only be rigged if electorates go to sleep, insisting that “every vote must count”.

Senator Omo-Agege: Delta council polls can only be rigged if electorates sleep

Ahead of the March 6 Delta State local government council polls, Deputy Senate President, Senator Ovie Omo-Agege, weekend, reiterated that the elections could only be rigged if electorates go to sleep, insisting that “every vote must count”.
Israel’s top court ruled Tuesday the government must curb its use of the domestic spy agency to track coronavirus infections, saying “draconian” surveillance constituted a blow to democracy.

Israeli court limits use of spy agency to track coronavirus cases

Israel’s top court ruled Tuesday the government must curb its use of the domestic spy agency to track coronavirus infections, saying “draconian” surveillance constituted a blow to democracy.
Okomu Oil company has given out cheques of N90,000 each to no fewer than 35 students of tertiary institutions from about 20 host communities in three local government areas where it operates in Edo.

Okomu Oil Palm wants central bank to review anchor borrowers programme

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture.
The Minister of State for Health, Senator Olorunnimbe Mamora, confirmed this during a chat with newsmen on Monday.

Minister: Nigerians who received coronavirus vaccines abroad must get tested upon arrival

The minister of state for health, Olorunnimbe Mamora, says Nigerians who have received COVID-19 vaccines abroad will still be required to take polymerase chain reaction (PCR) tests upon arrival in the country.

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#EndSARS: Ekiti judicial panel orders prosecution of police officer over teenager’s death

The Ekiti State Judicial Panel of Inquiry set up to investigate cases of violations of human rights by the police has ordered the prosecution of an erring police officer.
Liverpool manager, Jurgen Klopp, has confessed that his boys were tired and not ready to play and paid dearly for the defeat against Brighton.

Jurgen Klopp: Top four finish would be big achievement for Liverpool this season

Liverpool manager Jurgen Klopp believes the reigning Premier League champions will have achieved something significant this season if they can finish in the top four.
Senator Emma Nwaka, a one-time chairman of the Peoples Democratic Party (PDP) in the state stated this in a chart with newsmen in Umuahia, the capital, describing the development as very encouraging.

Senator Nwaka: Made-in-Aba products now in West African markets

Senator Emma Nwaka, a one-time chairman of the Peoples Democratic Party (PDP) in the state stated this in a chart with newsmen in Umuahia, the capital, describing the development as very encouraging.
FILE PHOTO: A protester tries to escape from a riot police vehicle after being detained, a day after opposition presidential candidate Mahamane Ousmane rejected election results that gave his opponent Mohamed Bazoum a majority of the votes, in Niamey, Niger February 24, 2021, in this still image taken from video. REUTERS/Reuters TV/File Photo

Violent protests rock Niger over contested election result

Supporters of the losing candidate in Niger’s presidential election burnt tyres, threw rocks and set several buildings on fire on Thursday, in a third day of violent protests in the capital Niamey.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq made the announcement during a meeting with Governor Abdullahi Sule.

NSIP: Nigerian government trains 57 independent monitors in Taraba

The Federal Government has trained 57 Independent Monitors to observe programme beneficiaries for the National Social Investment Programmes (NSIP) in Taraba State.