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Background

Economy

CUSTOMS ANNOUNCES 90-DAY WINDOW FOR IMPORT DUTY REGULARISATION ON VEHICLES

The Nigerian Customs Service NCS yesterdayannounced a 90-day window for regularizingimport duties on specific categories of vehiclesfollowing the directive of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.  In a statement signed by its Public Relations Officer, Abdullahi Maiwada Customs noted that the initiative applies solely to vehicles imported into Nigeria where the requisite customs duty has not been fulfilled or vehicles detained due to undervaluation.  The NCS stated that all vehicle owners, Importers/Agents seeking to […]

todayMarch 4, 2024

Economy

PRESIDENT TINUBU TELLS QATARI INVESTORS TO REPORT BRIBE SEEKERS.

President Bola Tinubu has reiterated his government’s determination to fight corruption and create a good business environment, urging Qatari investors to report any Nigerian government official who asks for a bribe.  Tinubu who stated this yesterday at the Nigeria-Qatar Business and Investment Forum in Doha, promised that his government will deal decisively with any entrenched interests in the country that undermine investor confidence in the Nigerian economy.  He stated that Nigeria will no longer be defined by the past, but by what they do now and moving forward urging Qatari investors not to let perceptions become […]

todayMarch 4, 2024

National

PRESIDENT TINUBU ORDERS RELEASE OF 42,000 METRIC TONS OF GRAINS.

President Bola Tinubu has directed the Ministry of Agriculture and Food Security to release about 42,000 metric tons of maize, millet, and other commodities in strategic reserves to address the rising cost of food in the country. The Minister of Information and National Orientation Mohammed Idris said this yesterday at the State House in Abuja after a meeting of the Presidential Committee on Emergency Food Intervention. Idris said the Rice […]

todayFebruary 9, 2024 1

National

PDP CANCELS ETSAKO CENTRAL WARD DELEGATES ELECTION IN EDO STATE.

The People’s Democratic Party PDP has canceled the Etsako Central ward delegates election in Edo State over the alleged kidnap of nine electoral officers. The PDP chairman in the State Tony Aziegbemi who stated this when he spoke with newsmen in Benin yesterday said the decision was taken by Governor Peter Mbah led delegates congress committee, but said the cancellation would not affect the February 22 PDP governorship primaries. Aziegbemi […]

todayFebruary 6, 2024

National

SENATE TO INCREASE REVENUE TARGET OF THE NIGERIA CUSTOMS SERVICE.

The 10th Assembly is considering an upward review of the 5.079 billion Naira revenue target of the Nigeria Customs Service NCS from the second half of the year to save the country from further borrowings. The Chairman of the Senate Committee on Customs Isah Jibrin stated this during a meeting with the Comptroller General of the Nigeria Customs Service Adewale Adeniyi and top management of the agency, emphasizing why revenue-generating agencies must up their game to improve the […]

todayFebruary 6, 2024

National

FEDERAL GOVERNMENT SAYS NYSC NO LONGER POSTS CORPS MEMBERS TO UNSAFE STATE.

The Minister of Youth Jamila Ibrahim says members of the National Youth Service Corps NYSC are no longer posted to states deemed unsafe in the wake of worsening security conditions in the country. Ibrahim in a television interview yesterday said the scheme has taken steps to secure NYSC members including posting them only to safe states following abduction in some parts of the country during their one-year mandatory national service, […]

todayFebruary 5, 2024

National

NNPC REVEALS 36 OIL BLOCKS UNDER CONCESSION TO INTERNATIONAL OIL COMPANIES

The Nigerian National Petroleum Company NNPC Limited has shown in their latest data that no fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts in the country. An analysis of NNPCL’s latest Consolidated and Separate Financial Statements for the Period Ended December 31, 2022, indicated that the eight blocks are located in deepwater, five blocks are continental shelves, fifteen blocks […]

todayFebruary 5, 2024

National

PRESIDENT TINUBU SAYS FEW PEOPLE LOOTED NIGERIA’S COMMONWEALTH THROUGH SUBSIDY.

President Bola Tinubu yesterday said a few people stole Nigeria’s commonwealth under the guise of subsidy in the last 40 years, lamenting that Nigerians are suffering the pains of the loot. The President during his speech at the second-term inauguration of Governor Hope Uzodinma of Imo State in Owerri said he is well-attuned to the concerns of citizens, assuring them that the challenges brought on by the very essential reforms […]

todayJanuary 16, 2024

National

FORMER COMMISSIONER ACCUSES NIGERIAN POLICE FORCE OF REFUSING TO USE THE NIN-SIM POLICY TO FIGHT INSECURITY.

A former Minister of Communication and Digital Economy Isa Ali Pantami has accused the Nigerian Police Force and other security agencies of refusing to use the NIN-SIM policy to fight insecurity in the country. Pantami who was responding to a question from an X user who wondered why so much money was spent on the policy and yet insecurity has remained unabated, said the application of the policy has been […]

todayJanuary 15, 2024

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