Nigerian government
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The Presidency has debunked reports that it “forced” former Nigeria President, Muhammadu Buhari, to testify in an arbitration proceeding in Paris. It however did not deny that such a proceeding was taking place. In a statement, the Presidency claimed that everyone testifying in Nigeria’s defence “are doing so willingly.” The statement signed by President Bola…
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The Nigerian government plans to impose a 5 percent tax on telecommunication, gaming and betting services in the country amid economic hardship. This was contained in the Economic Stabilisation Bills recently sent to the National Assembly by the Federal Government. Analysis of the bill indicated that it seeks to introduce excise duties on services such…
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The Federal Ministry of Petroleum Resources and stakeholders in the oil and gas sector have raised concerns about the need to implement the 2021 Petroleum Industry Act (PIA) for economic growth. Nicholas Ella, Permanent Secretary of the Ministry of Petroleum Resources, alongside other stakeholders, made the call at a one-day stakeholders’ engagement on “Harnessing the…
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“To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand ‘Dangote,’ which I diligently built in the course of my trading commodities.” – Aliko Dangote “Don’t kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur…
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The Secretary to the Government of the Federation, SGF, George Akume, has highlighted the achievements of the Tinubu administration ahead of the planned nationwide protest. Akume spoke at a World Press Conference held in Abuja on Wednesday where he noted that Nigerians are passing through unintended economic challenges occasioned by a few of the bold…
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The Nigerian Government has reduced the allowances of foreign scholars who are studying under the Bilateral Educational Agreement, BEA, Scholarship by 12.7 per cent. The scholars are currently stranded in Russia, Morocco, and Algeria, among other countries. The reduction of the allowances was announced in a memo issued by the Nigerian Government. In the memo…
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