The Kogi State Internal Revenue Service (KGIRS) has accused Bharti Aitel Ltd. (Airtel) and Globacom Nigeria Limited of blackmail over the lingering tax default allegations against the telcos, which led to the recent sealing of their offices in the state. The agency alleged that Globacom had an unremitted tax liabilities of N300 million while Airtel’s […]
The Central Bank of Nigeria (CBN), has acknowledged the receipt of the sum of N19, 333,333,333.36 recovered by the EFCC from the Kogi State Salary Bailout account domiciled in Sterling Bank Plc. A statement issued by the anti-graft agency’s Head, Media and Publicity, Wilson Uwujaren, indicated the receipt of the money by the apex bank […]
Stakeholders in the North Central zone on Thursday failed to agree on a new revenue sharing formula for the tiers of government with their recommendations ranging from 29% to 35% for state governments. The stakeholders, who shared their thoughts during the Public hearing of the current Revenue Allocation Formula (RAF) for the North Central Zone), organised […]
President Muhammadu Buhari has approved Anambra State as an oil producing state, thereby qualifying it for sharing in the 13 percent derivation revenue for minerals-producing states in the country. The approval was conveyed via a letter signed by the president’s Chief of Staff, Professor Ibrahim Gambari, to Governor Willie Obiano of Anambra State in response […]
The Association of Licensed Telecoms Operators of Nigeria (ALTON), has raised serious concern over the likelihood of major disruption of telecommunication services in 10 states and the Federal Capital Territory (FCT) following the sealing of telecom infrastructure by Kogi State Government over alleged tax defaults of telcos. The National Chairman of the association, Engr. Gbenga […]
The Federal Government on Tuesday disclosed that it had disbursed N1.23 billion to 22,245 households in the 21 local government areas of Kogi under its Conditional Cash Transfer (CCT), programme. The state programme Coordinator, Mrs. Falilat Abdulrasak, who disclosed this at a three-day “Step-Down Training on Savings and Group Mobilisation (SGM)” organised for Cash Transfer […]