How FIRS generated N5.5trn from taxes in six months — ‘highest half-year revenue ever’
The Federal Inland Revenue Service (FIRS) says it generated N5.5 trillion as tax revenue in the first half of 2023. In a statement on Thursday, Johannes Oluwatobi Wojuola, special assistant on media and communication to the chairman of FIRS, said the figure is the highest tax collection ever recorded by the service in any first […]
PHOTOS: Shettima presides over NEC meeting on petrol subsidy removal
Vice President Kashim Shettima is currently presiding over the national economic council (NEC) meeting in Aso Rock Villa, Abuja. The meeting, which is the second since inauguration of the council by President Bola Tinubu, is focusing on ways to cushion the effect of petrol subsidy removal. The vice president, by the provisions […]
Lukman: It’ll be political suicide to replace Adamu with Ganduje as APC chair
Salihu Lukman, vice-chairman of the All Progressives Congress (APC) in the north-west, says it will be insensitive to members of the party if Abdullahi Ganduje replaces Abdullahi Adamu as national chairman. There have been rumours suggesting that Ganduje, immediate-past governor of Kano, is being favoured to become APC chairman. Adamu and Iyiola […]
Don’t approve electricity tariff increase, reps tell NERC
The house of representatives has asked the National Electricity Regulatory Commission (NERC) not to approve the proposed increase in electricity tariffs. The lower legislative chamber passed the resolution during a plenary session on Thursday, following the adoption of a motion sponsored by Sani Madaki, a member of the New Nigeria Peoples Party (NNPP) […]
FAKE NEWS ALERT: NJC debunks alleged resignation of presidential tribunal judge
Soji Oye, director of information, National Judicial Council (NJC), says Boloukuoromo Ugo, justice of the court of appeal, has not withdrawn his membership of the presidential election petition court. Umar Sani, a Twitter user, claimed that Ugo tendered his resignation after citing “demands to knee-cap democracy”. Sani alleged that the judge, in […]
Emadeb Energy ends NNPC monopoly, imports 27m litres of petrol
Emadeb Energy Services Limited says it has imported about 27 million litres of petrol into the country, making it the first private company to do so in the post-subsidy regime. Speaking at the company’s jetty in Lagos on Wednesday, Adebowale Olujimi, Emadeb’s chief executive officer, said the product arrived in a cargo valued […]
Newspaper Headlines: APC may have settled for Ganduje as new national chair
Reports on how the hike in the pump price of petrol is affecting Nigerians, dominate the cover pages of the newspapers. Source: Top Stories
Reps to probe hike in pump price of petrol, reject calls for reversal
The house of representatives has resolved to set up an ad hoc committee to investigate the circumstances leading to the increment of the petrol pump price. The committee will also propose palliative measures to be taken by the federal government to cushion the effect of the petrol subsidy removal. The lower legislative […]