The federal government of Nigeria has concluded plans to slash the levy to be paid on imported cars from 35 percent to five percent, according to a new bill to be presented to the national assembly. The bill which will come as a welcome development to Nigerians who have been financially impacted by a 2020 year plagued by the Coronavirus pandemic, is contained in the draft bill of the 2020 finance bill to be presented to the national assembly. Once the bill has been passed by the legislature and…
Category: Governance
We slashed taxes to make Nigeria’s business environment friendlier -Osinbajo
Like it did last year offering a range of tax incentives to Nigerians through the Finance Bill later passed into law, the Buhari administration is again offering more this year through the 2020 Finance Bill so as to attract more incentives and make doing business in Nigeria more competitive. Vice President Yemi Osinbajo, stated this on Friday at the third edition of the Nigeria Diaspora Investment Summit which was held virtually, featured several Nigerians and prospective investors from the Diaspora. Speaking specifically about how the Federal Government has been able…
Why the Legislature must save Nigerians from the excesses of the executive By Aida Nath Ogwuche
The term “trias politica” or “separation of powers” was coined by Charles-Louis de Secondat, baron de La Brède et de Montesquieu, an 18th century French social and political philosopher. His publication, Spirit of the Laws, is considered one of the great works in the history of political theory and jurisprudence, and it inspired the Constitution of our great nation, Nigeria. Under his model, the political authority of the state is divided into legislative, executive and judicial powers. He asserted that, to most effectively promote liberty, these three powers must be…
Gov AbdulRazaq signs Kwara Investment Promotion Agency Bill ….. says state open for business
Kwara State Governor, AbdulRahman AbdulRazaq on Wednesday signed into law a bill establishing the Kwara Investment Promotion Agency (KWIPA), said it was a bold step to attract more investors and drive economic growth. He said the idea was to remove bureaucratic bottlenecks,with the agency serving as the melting pot for ideas and entrepreneurs wanting to do business with the state. He said Kwara State is open for business, AbdulRazaq added that he envisioned a state that no longer depend on federal monthly allocations to run government businesses or provide essential…
Gov Sule vows to ensure LGs pay full salaries before month end
Nasarawa State Governor, Engr.Abdullahi Sule, has vowed that his administration will not rest on its oars, until local government areas in the state pay their workers full salaries before month end. Engr Sule made the vow while speaking at the grand finale of the Baraya Vanguard/Engineer A. A Sule Coordinators, awareness and sensitization campaign, for the Nasarawa West zone, which held at the Nasarawa State University (NSUK), on Saturday. According to the Governor, even though the State Government has been able to pay its workers full salaries and before the…
Gov Yahaya Bello denies alleged Tax on bread, approves 1.56B Economic Stimulus for Kogi Business Owners
The Kogi state Governor , Yahaya Bello, has expressed displeasure over a news report that said his administration has imposed a tax on loaves of bread, to be paid by bakeries and bread sellers in the state. Chief Edward Onoja, Governor Bello’s Deputy made this known in a statement made available to Journalists by his office a short while ago. ‘We have just seen a purported consultancy agreement between one of our ministries and a private firm to impose an ill-conceived levy on bread in the state. For the records,…
Minna-Bida road reconstruction in fast progress – Niger Govt
Niger state government has said stone base laying has commenced on the Minna-Bida road as the reconstruction project continued to gather momentum. The State government has indicated its commitment towards the completion of the project, considering the progressive pace of work on the road by the contractor handling the project. The State Project Monitoring and Implementation Committee on behalf of the State government inspected the level of work done on the road reconstruction project with a call for more patient and understanding from the people. The Committee Chairman who is…
Gov Sani-Bello presents 2021 budget to State Assembly
Niger state Governor, Abubakar Sani Bello has presented an estimated 2021 budget to the tune of one hundred and fifty-one billion, two hundred and forty million, six hundred and twenty-one thousand, seven hundred seventy-six naira (N151, 240, 621, 776. 00) to the State House of Assembly for consideration and subsequent approval. The 2021 budget tagged, “budget of reality” was presented by Governor Abubakar Sani Bello. The 2021 budget estimate is 2.71 per cent lower than the 2020 budget of N155, 459, 814, 701which was reversed following the COVID-19 pandemic. The…
Ganduje parleys with Journalists on Peace Dialogue
By Abba Dukawa,KANO Irked by the current national crisis ceased by anti SARS demonstrations and, inspired by his desire to see peace and tranquility in Nigeria, Kano state Governor, Dr Abdullahi Umar Gnduje, held a dialogue with journalists in Kano during which he appealed to them to be patriotic and ethical in their reporting. The Governor admonished media men and women to always take into consideration the security implications of what they write, added that since Nigeria project is not negotiable it is the business of all to consolidate the…
FG mulls extension of registration payroll support, to pay 400,000 beneficiaries month end
The Federal Government says it may consider the plea by some states for the extension of the registration time for the payroll support system to enable some states to meet their quota. This is as the government plans to pay over 400,000 staff of already shortlisted businesses by the end of October. The Special Assistant to the President on Micro Small and Medium Enterprises (MSMEs), Mr Tola Johnson, disclosed this to the News Agency of Nigeria (NAN) in Abuja on Monday. He said that since the closure of the…