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National Bureau of Statistics NBS

NBS: FAAC disbursed N257.76 billion to federal government in April

The National Bureau of Statistics (NBS) on Thursday revealed that the Federal Government received N257.76 billion from Federation Account Allocation Committee (FAAC) in April, 2019.

Former central bank director lauds federal government’s plan to charge VAT on online transactions

Dr Titus Okunronmu, a former Director, Budgetary Department, Central Bank of Nigeria, has commended the Federal Government for its plan to collect Value Added Taxes (VAT) on online Business Transactions.
E-cigarettes

Saudi Arabia imposes more tax on e-cigarettes, soft drinks

Saudi Arabia has imposed a special tax on electronic cigarettes and sugary drinks, extending similar taxes introduced in 2017 as it seeks to reduce a budget deficit caused by low oil prices.

Babatunde Fowler: FIRS to impose VAT on online transactions

The Federal Inland Revenue Service ((FIRS) plans to extend Value Added Tax (VAT) to online transactions soon, according to the chairman of the agency, Babatunde Fowler.

Tunde Fowler: FIRS posts N1.5 trillion revenue in Q1 of 2019

The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its Chairman, Mr Babatunde Fowler.
Zainab Ahmed

States to get N649 billion Paris Club fund

State governments will soon smile to the banks as the federal government has concluded plans to commence the final phase of the Paris Club debt refunds.

Bismarck Rewane: Nigerians should expect petrol price increase

The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue.
President Buhari presents 2019 Budget to the National Assembly on 19th Dec 2018-5

2019 budget: N8.9 trillion inadequate to service 200 million Nigerians – expert

Dr Patricia Auta, a financial analyst, has described the 2019 budget as inadequate to meet the needs of the Nigerian population, which is put at more than 200 million.
Demonstrators clash with police as they march through Paris during annual May Day protests on Wednesday [Christopher Furlong-Getty Images]

Zamfara governor urges Nigeria to embrace biofuel, electric cars

Clouds of tear gas billowed near the Montparnasse Tower on Wednesday as police used force to suppress violence during annual May Day demonstrations marking workers' rights.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC: Federal government must backdate minimum wage payment to April

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has asked the Federal Government to backdate the implementation of the N30,000 new minimum wage backdated to April 18, 2019, when it was approved.
L-R: Lagos State Head of Service, Mr. Hakeem Muri-Okunola; Representative of the Governor and Commissioner for Physical Planning & Urban Development, Mr. Rotimi Ogunleye; Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan; his counterpart for Establishment, Training & Pensions, Dr. Akintola Benson and Controller, Federal Ministry of Labour & Employment in Lagos, Mr. Nnamdi Simon Enuah during the 2019 Workers’ Day celebration at the Agege Stadium, Lagos, on Wednesday, May 1, 2019

May Day: Lagos has enjoyed four years of industrial harmony – Governor Ambode

Lagos State Governor, Akinwunmi Ambode, on Wednesday joined thousands of workers to commemorate the 2019 edition of the May Day celebration, commending labour unions for their understanding and cooperation in the last four years that ensured the State did not witness any industrial action.
Zainab Ahmed

Federal, states, local governments share N617.566 billion for March

A total of N617.566 billion has been distributed as Federal Allocation for the month of March, 2019 among the Federal Government, State Governments and Local Government Councils.
All Progressives Congress (APC) Nigeria

Kogi guber: No second term for Governor Bello – APC stakeholders

Stakeholders in the All Progressives Congress (APC) have petitioned President Muhammadu Buhari, asking that Governor Yahaya Bello should not be given a second term.

N344 billion cash: Kogi APC stakeholders reject Governor Bello for second term, petition President...

Stakeholders in the All Progressives Congress (APC) in Kogi State have sent a petition to President Muhammadu Buhari against fielding Governor Yahaya Bello for second term in office.

NLC: Current security system has failed

The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has decried the increased state of insecurity in the country.
President of the NLC, Comrade Ayuba Wabba

NLC urges state govts to settle arrears of pensioners

The Nigerian Labour Congress (NLC) has called on state governments owing pensioners arrears to pay them as soon as possible to reduce their hardship.
The National Union of Textile Garment and Tailoring Workers of Nigeria held a peaceful protest in Lagos on Tuesday to mark the 40th anniversary of the organisation.

NLC: Current security architecture has failed

Worried by the increasing state of insecurity in the country, the Nigeria Labour Congress (NLC) on Thursday called on President Muhammadu Buhari to rejig the current security architecture in the country with the conclusion that the current system has failed the country.
National Bureau of Statistics NBS

NBS: Federal, states, local governments share N1.92 trillion tiers in three months

The National Bureau of Statistics (NBS) has revealed that the Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in first quarter of 2019.

Recent Stories

Abike Dabiri-Erewa denies accusing foreign airlines of running drug cartels in Nigeria

The Chairman Nigerians in Diaspora Commission (NIDCOM), Mrs Abike Dabiri-Erewa, has denied a report accusing some foreign airlines of running drug cartels in the country.

Board promotes 18,954 immigration, civil defence, prisons and fire service personnel

The Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB) has promoted 18, 954 personnel of the four departments.
The Buhari Media Organisation (BMO) has advised former Vice President Atiku Abubakar and the Peoples’ Democratic Party (PDP) presidential candidate in the Feb. 23 election to come to terms with his loss at the election.

Atiku Abubakar calls for Lai Mohammed’s arrest

The Peoples Democratic Party (PDP) presidential candidate, Alhaji Atiku Abubakar, has said that the Minister of Information Lai Mohammed should be arrested for a breach of security and apologized to him and the PDP.

Federal government takes delivery of two helicopters, 20 speed boats for maritime security

The Federal Government said it has taken delivery of two helicopters, 20 speed boats, and other equipment needed to secure Nigerian waters.
Nigeria’s Vice president Yemi Osinbajo has debunked rumours stating he has resigned his position as the nation’s vice president.

VP Osinbajo, governors raise alarm over increasing population

Vice President Yemi Osinbajo and some state governors on Thursday raised alarm over the increasing Nigerian population.