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FG grants approval for zero import duty on vessel acquisition by ship owners – Nairametrics
The Federal Government has announced the approval of zero import duty for the acquisition of vessels by ship owners. This is part of the tax incentive by the federal ministry of transportation for the maritime sector in order…
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Low inventory and transport cost push price of beans to N100,000 – Nairametrics
The price of a big bag of brown beans has skyrocketed to N100,000 as traders lament low inventory and a significant increase in transportation cost as reasons for the sudden surge. This is according to information obtained by…
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Review of sharing model needed to ensure conformity with changing realities – FG – Nairametrics
The federal government through the Revenue Mobilisation Allocation And Fiscal Commission (RMAFC) has stated that the current review process is needed to assure fairness and also to ensure conformity with changing realities,…
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Demand for new revenue sharing model is fair – Sanwo-Olu – Nairametrics
The Lagos State Governor Babajide Sanwo-Olu stated that the demand for a new revenue-sharing model between the states and the federal government is fair and just, citing that states need more capacity to take care of their…
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Lawan inaugurates 30,000-bird farm in Yobe
By Nabilu Balarabe
Senate President, Ahmad Lawan has inaugurated a 30,000-birds capacity farm estate in Gasamu village, Gashua Local Government Area of Yobe state.
This project was initiated by the National Agricultural Lands…
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FG, Saudi Arabia to set up Business Council to promote trade – Nairametrics
The Federal Government and the Kingdom of Saudi Arabia announced they have agreed to launch a Business Council between both nations to boost bilateral trade and commerce.
This was disclosed by the Minister of Foreign Affairs,…
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Court unfreezes the accounts of fintech firms temporarily to enable salary, rent payment –…
The Federal High Court, Abuja, on Tuesday, granted the request of Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd., to temporarily unfreeze their accounts.
The order from the court follows the filing of an…
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AfDB earmarks $100,000 to support Green Revolution Forum – Nairametrics
The African Development Bank (AfDB) has returned as a top-tier partner of the African Green Revolution Forum (AGRF), Africa’s largest agriculture conference.
The Bank has earmarked $100,000 to support this year’s annual AGRF,…
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President Buhari approves committee for health reform – Nairametrics
President Muhammadu Buhari has announced the approval of a Health Sector Reform Committee, for development and implementation of a Health Sector Reform scheme in the country.
This was disclosed in a statement by the Presidency…
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FIRS insists on its position on VAT collection, asks taxpayers not to panic – Nairametrics
The Federal Inland Revenue Service (FIRS) has urged taxpayers not to panic over the recent court ruling by the Federal High Court sitting in Port Harcourt on Value Added Tax (VAT), directing taxpayers to continue to honour…
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