Speaker Abbas highlights Nigeria’s fiscal challenges, hails Tinubu’s Bold Reforms in 2025 Budget Presentation

The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has called for a critical reflection on Nigeria’s fiscal realities as President Bola Ahmed Tinubu presented the 2025 Appropriation Bill to the National Assembly on Wednesday.   In his remarks, Speaker Abbas praised the Tinubu administration for implementing bold economic reforms over the past 18 months, including the removal of fuel subsidies, unification of foreign exchange rates, and introduction of innovative economic policies. He described these measures as courageous steps necessary to stabilize the economy and lay the groundwork…

Newly promoted staff pay solidarity visit to CAC Registrar-General

A delegation of jubilant staff of the Corporate Affairs Commission (CAC), recently promoted to various ranks, paid a solidarity visit to the Registrar-General/CEO, Hussaini Ishaq Magaji, expressed appreciation for the milestone. The team, comprised newly promoted Deputy Directors, Assistant Directors, and other cadres, was warmly received by the Registrar-General at the Commission’s headquarters. In his address, Magaji commended the hard work, dedication, and professionalism of the staff, which he described as instrumental to the Commission’s success. He assured them of his unwavering commitment to enhancing their welfare and professional growth.…

Nigeria Customs Service rolls out Tax Exemptions to boost Gas utilization

In a landmark move aimed at enhancing Nigeria’s investment climate and accelerating the adoption of cleaner energy sources, the Nigeria Customs Service (NCS) has announced the implementation of fiscal incentives under the Presidential Gas for Growth Initiative.   The measures, which aligned with President Bola Ahmed Tinubu’s commitment to economic transformation and energy security, included a zero percent (0%) import duty rate on machinery, equipment, and spare parts imported for gas utilization. This incentive applied to items related to Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG).   NCS…

Edo Sports Commission Chairman inspects facilities, vows to revive state’s Sporting Glory

The newly inaugurated Chairman of the Edo State Sports Commission, Hon. Desmond Amadi Enabulele, has assured Edo sports enthusiasts of the Commission’s commitment to revitalizing sports in the state.   Speaking during an inspection tour of facilities at the Samuel Ogbemudia Stadium, Benin City, Enabulele stated that the new board would work tirelessly to provide a conducive environment for athletes and coaches to excel. He reiterated that the welfare of sports stakeholders would remain a top priority.   “Our aim is to move sports forward in Edo State. This new…

Gov Okpebholo assures Edo people of Brighter Prospects in 2025

Edo State Governor, Senator Monday Okpebholo, has assured citizens of a better year ahead, emphasized his administration’s commitment to delivering practical and impactful governance in 2025. The Governor made this promise during the 2024 Nine Lessons and Carols event organized by the Edo State House of Assembly (EDHA) in Benin City. The event, hosted by the Speaker, Rt. Hon. Blessing Agbebaku, brought together the 24 Honourable Members and staff of the Assembly to celebrate the festive season. Addressing the gathering, Governor Okpebholo expressed gratitude for the blessings bestowed on Edo…

Edo APC Youths warn PDP supporters, call on IGP to ensure Tribunal Security

The Youth Wing of the All Progressives Congress (APC) in Edo State has raised concerns over alleged plans by supporters of the People’s Democratic Party (PDP) governorship candidate, Asue Ighodaro, to disrupt the ongoing election tribunal proceedings.   In a statement issued earlier today, the APC youths called on the Inspector General of Police (IGP) to take proactive measures to prevent any acts of violence or intimidation at the tribunal. They specifically urged the IGP to caution the PDP candidate and his supporters against actions that could jeopardize the peace…

Edo State moves to recover Stolen Vehicles, as Former Officials Go Into Hiding

The Edo State Government has launched a crackdown on former officials of the previous administration who allegedly refused to return official vehicles in their custody. Prominent figures, including Asue Ighodalo, the Peoples Democratic Party (PDP) governorship candidate in the last election, Osarodion Ogie, a former Secretary to the State Government, and Henry Idogun, a former Executive Chairman of the Edo State Public Procurement Agency, are reportedly on the run.   The trio, along with others, were notably absent at the Edo Governorship Election Tribunal sitting on Wednesday in Benin City,…

CAC receives SERVICOM Award for Excellence in Customer Service Delivery

The Corporate Affairs Commission (CAC) has been honored with the Award of Excellence as the 2024 2nd Best Performing Public Service Unit (PSU, Team A) by the SERVICOM Office. This prestigious award recognized the Commission’s continued dedication to delivering outstanding customer service through its SERVICOM Unit.   The SERVICOM Office commended the CAC for its sustained efforts to improve citizen-focused service delivery, urging the Commission to maintain its high service standards for all Nigerians in support of good governance.   The award was presented to the CAC during the 2024…

NASS Extends 2024 Budget Lifespan Following Presentation of 2025 Appropriation Bill by President Tinubu

The National Assembly has extended the validity of the 2024 budget following the presentation of the N47.9 trillion 2025 Appropriation Bill by President Bola Ahmed Tinubu at a joint session earlier today.   During the session, Senate President Godswill Akpabio highlighted the implementation performance of the 2024 budget, noting a 50% achievement in capital expenditure and 48% in recurrent expenditure. Despite the 2025 budget presentation, delays mean it will not be passed before the end of the year, necessitating the extension of the current budget.   Senator Osita Izunaso, Chairman…

Tinubu Unveils 2025 Budget of Restoration to National Assembly

President Bola Ahmed Tinubu today presented the 2025 Federal Budget, titled “The Budget of Restoration: Securing Peace, Rebuilding Prosperity,” to a joint session of the National Assembly. The budget mark a significant step in his administration’s commitment to driving Nigeria towards economic stability, national security, and sustainable growth.   Addressing lawmakers, President Tinubu outlined key achievements from the past year, including a 3.46% GDP growth in Q3 of 2024, an increase in Nigeria’s foreign reserves to nearly $42 billion, and a positive trade surplus of 5.8 trillion naira. He reiterated…