MAN decries FRCN charges on private firms, advocates caution

Director General of MAN, Segun Ajayi-Kadir | File Image By Valentine Amanze Manufacturers Association of Nigeria (MAN) has expressed condemned the implementation of certain provisions of the Financial Reporting Council of Nigeria (Amendment) Act, particularly those relating to charges on non-listed entities, like most members of MAN. Director General of MAN, Segun Ajayi-Kadir, lamented that […]

Tax reform bills: ACF recommends retention of 7.5% VAT

The ACF logo | File Image A northern Nigeria group, the Arewa Consultative Forum (ACF), has recommended the retention of the 7.5% rate of Value Added Tax (VAT) in the Tax Reforms Bills. ACF’s submission was contained in a comprehensive set of observations and recommendations to the National Assembly on the Executive Tax Reforms Bills, […]

EDEN raises alarm over fresh oil spill in Obololi, alerts NOSDRA, Shell

The oil spill site. By Valentine Amanze Environmental Defenders Network (EDEN) has called on the National Oil Spill Detection and Remediation Agency and Shell to immediately find solution to a crude oil spill from a Shell pipeline along Obololi creek in Southern Ijaw Local Government Area of Bayelsa State. In a statement issued by the […]

CAPPA, 68 others seek exclusion of biofuel from global fuel standard, appeal to IMO

IMO logo | File Image .Say shipping industry’s biofuels plan threatens rainforests, communities, climate By Valentine Amanze Nigeria-based human rights and environment protection group, Corporate Accountability and Public Participation Africa (CAPPA), and 68 other international non-governmental organisations have warned the United Nations (UN) International Maritime Organization (IMO) against promoting biofuels as Global Fuel Standard (GFS) […]

Minister assures stakeholders support for industrial growth

Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Senator John Owan Enoh (left) and official of Sunflag Nigeria Limited. By Valentine Amanze The Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Senator John Owan Enoh, has assured industrialists that the President Bola Tinudu’s administration would address their […]

Akwa Ibom community raises alarm over oil firm’s disregard to NOGICD Act

Oriental Energy Resources Limited (OERL) logo | File Image This legislation is designed to ensure that the oil and gas industry benefits the local community, promotes economic growth and development, and reduces poverty and inequality By Harry Okon  The indigenes of Mbo Local Government Area of Akwa-Ibom State, on the platform of Mbo Patriots, have […]

Why I’m against conversion of MOUAU to conventional varsity – Nto

Dr Philips Nto | File Image By Joy Njoku Abia State former Commissioner for Finance, Dr Phillips Nto, has rejected the plot by the House of Representatives to amend the Act setting up Michael Okpara University of Agriculture, Umudike by converting it into a conventional university. Nto said that the conversion would not only be […]

CBN stops free withdrawals for customers using other banks’ ATMs

CBN Abuja office | File Image Depositors are in for more troubles as the Central Bank of Nigeria (CBN) has imposed charges on withdrawals using the Automated Teller Machines (ATMs) of banks other than theirs. The apex bank’s acting Director of Financial Policy and Regulation Department, John Onojah, disclosed this in a circular dated February […]

How to promote sustainable development in Africa, by UN group

The Tana River County, Kenya Governor, Prof.  Gaddae Godhana Dhadho, during the presentation of the Constitution and certificate of membership Committee on Judicial Cooperation and Human Rights of the United International Peace and Governance Council to Barr. Chima Williams after his swearing in. With them is the Global President of UNIPGC, Dr. Jonathan Ojadah. The […]

Court to rule on NNPCL vs Dangote Refinery suit

Photo combo of NNPCL’s Kyari_Dangote Refinery Justice Inyang Ekwo of the Federal High Court Abuja has fixed March 18 for ruling on the Nigeria National Petroleum Company Limited (NNPCL)’s preliminary objection against a suit filed by the Dangote Petroleum Refinery and Petrochemicals FZE over oil import licence dispute. Justice Ekwo fixed the date after counsel […]