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In a letter dated July 31 and seen by Reuters on Tuesday, Budget Minister Jean-Baudouin Mayo instructed the finance minister to move to implement the decision taken at last week’s cabinet meeting.

Congo to suspend value-added tax exemption for mining imports

Democratic Republic of Congo’s government has decided to suspend the value-added tax (VAT) exemption on mining companies’ imports in an effort to bolster state revenue, the budget minister said.
FIFA President Gianni Infantino after his speech during the UEFA Congress REUTERS-Yves Herman-File Photo

FIFA says no reason for Swiss authorities to investigate Gianni Infantino

Global soccer body FIFA has said there is no reason for Swiss authorities to launch criminal proceedings against its president Gianni Infantino who will continue in his role as normal.
A United Kingdom court has ordered the UK Home Office to pay for and facilitate the return of a Nigerian man deported to Nigeria in March 2018.

UK court declares Nigerian fraudster deportation illegal, orders for his return

A United Kingdom court has ordered the UK Home Office to pay for and facilitate the return of a Nigerian man deported to Nigeria in March 2018.
Niger Delta Development Commission (NDDC)

AGF queries NDDC over non-payment of over N70 billion unremitted tax, revenue

The last is yet to be heard about the entrenched corruption in the Niger Delta Development Commission (NDDC) as the office of the Auditor General of the Federation (oAuGF) queried the Commission over N70 billion and secrecy shrouded in the multi-million dollar revenues paid by oil firms into the coffers of the Commission since inception.
8. President Muhammadu Buhari presides over the weekly virtual Federal Executive Council (FEC) Meeting, at the Council Chambers, State House, Abuja.

Nigerian government approves N283.26 billion, $18.12 million for Customs boats, scanners

The Federal Executive Council on Wednesday approved two contracts totalling N283.255bn and a foreign component of $18.12m.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Senator Ngige: Suspended NSITF chief awarded N4.448 billion contracts in one day

The Minister for Labour and Employment, Senator Chris Ngige, on Tuesday, shocked the members of the House of Representatives Ad-hoc Committee investigating the Nigeria Social Insurance Trust Fund (NSITF) when he alleged that the suspended MD awarded about 332 different contracts worth about N4.448 billion in one day.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Federal, states, local governments share N651 billion revenue

The Federation Account Allocation Committee (FAAC) at the weekend shared a total of N651.184 billion as June 2020 allocation among the federal, states, local governments, and relevant agencies in the country.

President Buhari, APC killing Nigerians with taxes – PDP chairman

National chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has chided President Muhammadu Buhari and the All Progressives Congress, APC, for what he called the overburdening of Nigerians with taxes and tariffs since assuming office in 2015.
Governor Yahaya Bello of Kogi State has placed all the communities in Kabba-Bunu council areas on ‘absolute’ lockdown following the positive testing of two persons in the council area to COVID-19

Kogi gets N6.6 billion allocation for June

A total N6,609,759,939 is the amount that accrued to Kogi State from the Federation Account for the month of June, 2020. This amount is made up of N3.6 billion allocated to the State Government and N2.9 billion allocated to the 21 Local Government Areas in the state.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Federal, states, local governments share N547.3 billion for May

The Federation Account Allocation Committee (FAAC) Wednesday shared N547.309 billion among the three tiers of government as allocation for May 2020.

Senate asks federal government to expedite actions on completion of Ajaokuta steel plant

The Senate Tuesday asked the Federal Government to as a matter of urgency, expedite action towards the completion of the Ajaokuta steel plant.
PDP and Wada are challenging the declaration of Yahaya Bello of the APC as winner of the November 16, 2019 governorship election held in the state.

Kogi governor speaks on May salary payment for workers

Governor Yahaya Bello of Kogi State has assured workers that they will get their May salary before the Eid-el Fitri celebration.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Saturday met with the leadership of the National Assembly to intimate it with an Executive proposal to establish a N500 billion COVID-19 Crisis Intervention Fund.

Federal, states, local government share N606 billion for April

Details of the allocation were contained in a Secretariat report released by the Office of the Accountant-General of the Federation at the end of the online meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja.

MultiChoice: We’re implementing new VAT rate, not raising prices

Pay television company, Multichoice Nigeria, has dismissed reports that it is set to increase subscription rates for its DStv and GOtv packages from June 1.

Saudi Arabia increases VAT by 200%

Saudi Arabia will increase its value-added tax (VAT) from five to 15 per cent in July, as part of moves to support the economy amid the novel Coronavirus pandemic, the Finance Ministry said on Monday.
Mrs Toki Mabogunje, President LCCI said this at the Chamber’s second quarterly briefing on the state of the economy on Tuesday in Lagos.

Lagos chamber educates private sector on post coronavirus economy

The Lagos Chamber of Commerce and Industry (LCCI) has advised organised private sector to leverage creativity and innovation to rebuild a competitive economy post-COVID-19.
Kola Ologbondiyan

PDP reacts to President Buhari’s appointment as ECOWAS coronavirus response champion

The Peoples Democratic Party (PDP) has advised President Muhammadu Buhari to use his appointment as the ECOWAS COVID-19 Response Champion to step up actions and measures against spread of the pandemic in Nigeria.
Ahmed Idris, the Accountant-General of the Federation (AGF)

FAAC admits error, says N661.4 billion shared in March, not N780.9 billion

The Federation Account Allocation Committee, FAAC, has admitted error, saying N661.4 billion was shared among the three tiers of government for March, 2020 and not N780.9 billion earlier announced.

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The Federal University of Technology, Akure (FUTA) has renamed its Postgraduate Hall after Senator Joseph Waku, the late Pro-Chancellor and Chairman of the Governing Council of the institution, who died on February 3, 2019.

FUTA suspends student who ‘hacked’ Premium Times website

The Federal University of Technology, Akure, (FUTA) has suspended a student, Mr Afolabi Emmanuel, for allegedly hacking the website of Premium Times, an online news publication.
Inter CEO Giuseppe Marotta says that the club will announce on Thursday that a deal has been struck to sign Alexis Sanchez from Manchester United permanently.

Giuseppe Marotta: Inter set to announce Alexis Sanchez signing shortly

Inter CEO Giuseppe Marotta says that the club will announce on Thursday that a deal has been struck to sign Alexis Sanchez from Manchester United permanently.
Microsoft is now allowing Windows 10 users to run Android apps side by side with Windows applications on a PC. It’s part of a new feature in Your Phone, and it builds upon the mirroring that Microsoft’s Your Phone app already provides.

Microsoft integrates Android apps into Windows 10

Microsoft is now allowing Windows 10 users to run Android apps side by side with Windows applications on a PC. It’s part of a new feature in Your Phone, and it builds upon the mirroring that Microsoft’s Your Phone app already provides. You can now access a list of Android apps in Microsoft’s Your Phone app and launch these mobile apps accordingly. These will run in a separate window outside of the Your Phone app, mirrored from your phone.
Louis Saha has expressed his belief that Jadon Sancho would be a good fit for Manchester United, describing the Borussia Dortmund star as a deadly performer in the final third.

Borussia Dortmund deny Jadon Sancho transfer talks with Manchester United

Borussia Dortmund have denied holding any transfer talks with Manchester United over Jadon Sancho, casting further doubt on a move back to England for the star winger.
Benue State Governor Samuel Ortom

Benue governor denies leaving PDP

Benue State Governor Samuel Ortom has denied claims that he would decamp from the People’s Democratic Party (PDP) to All Progressives Congress (APC) or any other political party.