The Acting Chairman of the Federal Inland Revenue Service (FIRS) Zacch Adedeji is targeting a tax-to-GDP ratio of 18% within the next three years.He made this commitment on Monday when he officially took over from his predecessor Muhammad Nami.“By doing so, we aim to reduce our nation’s reliance on borrowing
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The Executive Secretary, Universal Basic Education Commission, UBEC, Dr Hamid Boboye has said that the country needed additional 20,000 schools and 907,769 classrooms to absorb the growing number of out-of-School Children.Mr Boboye was speaking in Abuja on Tuesday while briefing the Minister of Education, Prof. Tahir Mamman and the minister
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The Commission of the Economic Community of West African States (ECOWAS) has indicated that construction of the 1028-kilometer Abidjan-Lagos highway project is set to commence in January 2024, beginning with the procurement for the main construction and the actual construction work.At a workshop convened in Lagos by the project implementation
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U.S. Deputy Secretary of Treasury, Wally Adeyemo, has said that small and medium-sized enterprises will sustain Nigerian economic growth.Mr Adeyemo, the highest-ranking member of the African diaspora in President Joe Biden’s administration, who is on a trip to Nigeria, said this on Monday during his visit to Lagos Business School.He
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The Nigerian National Petroleum Company Limited, NNPC Ltd., says its Management Staff with less than 15 months to statutory retirement will be exiting the company effective Sept. 19, 2023.The company made this known on Tuesday on its official X handle formerly known as Twitter.According to the NNPC Ltd., the move
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The meeting between the federal government and the Nigeria Labour Congress (NLC) over the removal of fuel subsidies ended in deadlock, on Monday.The meeting which was convened by the Minister of Labour and Employment, Simon Lalong, failed to address any of the issues raised by Congress as reasons for the
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