Oil production hits 1.7mbpd – FG …C0NTINUE READING >>> The Federal Government has announced that Nigeria’s oil production, including condensates, increased by 9.9% in November 2024, reaching 1.69 million barrels per day (bpd), up from 1.538 million bpd in October. According to Punch Online, Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reveals that … Read more
Tinubu’s tax reforms to repeal 11 tax laws – FG …C0NTINUE READING >>> The federal government has announced that at least 11 laws containing provisions on tax imposition and collection will be repealed if the proposed tax reforms submitted by President Bola Tinubu are approved. It also revealed that the reforms aim to eliminate over … Read more
Tinubu’s tax reform bill to ease taxation, protect the poor – FG …C0NTINUE READING HERE >>> The Federal Government has reaffirmed that the Tax Reform Bill introduced by President Bola Tinubu, currently awaiting approval in the National Assembly, is designed to streamline tax systems, enhance business operations, and shield low-income earners from excessive financial burdens. … Read more
The Academic Staff Union of Universities (ASUU) has criticized the Tax Reform Bills, which propose the abolition of the Tertiary Education Trust Fund (TETFund). ASUU President, Professor Emmanuel Osodeke, warned that scrapping TETFund would devastate Nigeria’s public education system and perpetuate inequality by denying underprivileged children access to quality education. Speaking during an interview with … Read more
FG raises alarm over rate of accident on Third Mainland Bridge …C0NTINUE READING HERE >>> The number of accidents recorded on Third Mainland Bridge since its repair is unprecedented and caused by impatience and indiscipline. The Federal Controller of Works in Lagos State, Mrs Olukorede Kesha, who expressed the worry in an interview on Sunday … Read more