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2022: FIRS Sets 100% Automation Of Tax Administration Processes Target

The Federal Inland Revenue Service (FIRS) has stated that it will achieve 100% automation of all its tax administration processes with the aim of blocking revenue leakages thereby revolutionizing revenue generation in Nigeria. Calling for the cooperation of Nigerians to achieve this, the Executive Chairman of the FIRS, Muhammad Nami, while speaking as the Special […]

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SEC Commends NGX, CSCS, Others On Market Devt Initiatives

The Securities and Exchange Commission (SEC) Nigeria has commended the Nigerian Exchange Limited, the Central Securities Clearing System and other capital market stakeholders for professionally working to develop the Market while pulling through the challenges brought by COVID-19 Pandemic and its variants. Director General of the SEC, Mr. Lamido Yuguda, who spoke at a meeting […]

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BudgIT Slams National Assembly For Budget Padding, Corruption Loopholes

BudgIT, a civic-tech organization leading the advocacy for transparency and accountability in Nigeria’s public finance system, has called on the citizens, CSOs, private sector, and the international community to urgently prevail on the National Assembly and Presidency to urgently amend and eliminate all loopholes in FG’s 2022 Approved  Budget. The civil advocacy organisation reported that […]

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FG Lauds NCC’s Commitment to Enhancing Digital Skill in Youths

The Federal Government has commended the Nigerian Communications Commission (NCC) for its commitment and dedication towards enhancing digital skills development among youths, through implementation of various Information and Communication Technology skill acquisition programmes. The Minister of Interior, Ogbeni Rauf Aregbesola and his Communications and Digital Economy counterpart, Prof. Isa Ibrahim Pantami, gave the commendation during […]

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Danbatta Tasks Zonal Office Staff On Commitment To Regulatory Effectiveness

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has charged staff of the Ibadan Zonal Office of the commission to sustain their commitment to regulatory effectiveness in keeping with Commission’s strategic objectives. The EVC made the call to the staff not to rest on their oars at Ibadan when he […]

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Nigeria’s Senate Passes N17Trn Budget For Fiscal 2022

Nigeria’s Senate on Wednesday passed the 2022 budget of N17.126 trillion as federal spending for the 2022 fiscal year, representing about N700 billion higher than the provisions in the Appropriation Bill 2022 presented by the Executive for the fiscal year. President Muhammadu Buhari had in October presented a N16.391 trillion Appropriation proposal to the joint […]

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Buhari Unveils National Development Plan 2021-2025

President Muhammadu Buhari on Wednesday unveiled Nigeria’s National Development Plan 2021-2025 following the conclusion of the implementation of the nation’s Economic Recovery and Growth Plan (ERGP 2017-2020). The President made the National Development Plan 2021-2025 presentation shortly before the kick off of the virtual the Federal Executive Council (FEC) meeting held in the Presidential Villa, […]

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Broadband: Pantami, Danbatta Assure FG’s Plans To Bridge Infrastructure Deficit

The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, and the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, have assured that current policy directions and regulatory measures by the Federal Government towards bridging identified broadband infrastructure gaps will be sustained in order to facilitate increased access […]

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Philippines Govt Alerts W/Bank On Plan To Access $500Mn CAT Facility

The Philippines Government may have alerted the World Bank on plans to draw from a $500 million catastrophe contingent line-of-credit it can receive through its Catastrophe-Deferred Drawdown Option arrangement, dubbed the CAT-DDO 4. The Philippines government had in November signed up to the $500 million catastrophe contingent line-of-credit. The financing facility is designed to provide […]

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House Of Reps Approves N17.1Trn 2022 Budget

Nigeria’s House of Representatives on Tuesday approved the sum of N17.127 trillion budget for 2022 fiscal year. The passage of the budget followed the consideration and adoption of clauses in the Bill’s report presented by the Chairman of the House Appropriation Committee, Hon. Muktar Betara. The figures represented about N736 billion more than the N16.391 […]