The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped at a maximum of 50 per cent of current…
President Bola Tinubu expresses his appreciation for the Nigeria Governors’ Forum following their unanimous endorsement of the four Tax Reform Bills currently under consideration by the National Assembly. President Tinubu lauds the governors for their bold leadership and commitment to fostering unity among leaders nationwide, transcending regional, ethnic, and political barriers to advance Nigeria’s development. Thursday’s productive…
The Nigeria Governors Forum (NGF) has announced its decision to endorse a reviewed version of the controversial Tax Reform Bills pending before the National Assembly. In the reviewed version, the sharing of VAT based on derivation has been slashed from 60 per cent as proposed in the original bill, to 30 per cent. The decision to endorse the bills…
The Lagos lawmakers have officially impeached Speaker Mudashiru Obasa who represents Agege constituency 1 and replaced him with his Deputy Speaker Lasbat Meranda, who represents Apapa constituency 1. Hon Fatai Mojeed who was formerly the House Chief Whip emerged new Deputy Speaker while the Clerk of the House Barr. Olalekan Onafeko was suspended and was replaced with Mr. Abubakar…
President Bola Tinubu,has urged the Government of the People’s Republic of China to increase the $2 billion currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review of the $50 billion aid package for Africa, which China’s President Xi Jinping announced last year. China and Nigeria recently renewed their…
President Bola Tinubu has decorated Nurudeen Yusuf, his aide-de-camp (ADC), with his new rank of colonel. The president decorated Yusuf on Thursday at the State House, Abuja. Yusuf was appointed Tinubu’s ADC in April 2023 before his inauguration on May 29. In a statement, Bayo Onanuga, the president’s special adviser on information and strategy, said the president described his…
Ogun State Governor, Prince Dapo Abiodun has said that his administration will raise the bar of teacher recruitment in the state by increasing the number of teachers in the Ogun Teach initiative, currently pegged at 4,000 interns, to 6,000. The move, he said, is to ensure that the gap in the student-to-teacher ratio in the state is closed. Governor…
The Economic and Financial Crimes Commission (EFCC) has dismissed 27 officers over alleged fraudulent activities and misconduct. In a statement realeased the EFCC spokesperson,Dele Oyewale, said the dismissal was approved by Ola Olukoyede, chairman of the commission. Oyewale said the disciplinary committee of the anti-graft agency recommended the action. The EFCC spokesperson said the agency is also probing an…
The telecommunication operators in Nigeria said they made a proposal of 100 per cent tariff hike to the country regulator, the Nigerian Communications Commission (NCC) in their plea for hike in tariffs on services offered including voice, data and digital. MTN Chief Executive Officer, Karl Toriola, disclosed this on Thursday, when he featured on AriseTv to talk about some…
Daniel Bwala, the special adviser on policy communication to President Bola Tinubu, says the president is being “blackmailed” over the proposed tax reform bills. His comment follows criticism from Bala Mohammed, governor of Bauchi state, who accused the president of ignoring public concerns over the bills. Mohammed warned that the bills, if passed, could have “concomitant effects” on the…
The ongoing recall process of Senator Natasha…
The House of Representatives has rescinded its…
