$20bn needed yearly to achieve 2027 economic target -Edun
December 21, 2024
Marine surveyors warns insurance firms against unregistered operators The Guild of Marine surveyors has warned insurance firms against doing businesses with registered surveyors at the ports. A marine surveyor inspects, surveys, or examines marine vessels to assess damage, or monitor their condition and that of any cargo on board.They[Read More…]
NAICOM retires more directors The Director, National Insurance Commission (NAICOM), Inspectorate Directorate, Pius Agboola, and his Administration and Human Resources counterpart, Habila Amos, have retired. Recently, the commission’s Director, Finance and Accounts (DFA), Barineka Thompson, also retired in line with the Federal Government’s new tenure policy. Agboola and Amos[Read More…]
Customs adopts new operating procedures, decries killing of officers The Nigeria Customs Service (NCS) has established a new Standard Operating Procedure (SOP) for the implementation of Advance Ruling. This is coming as the NCS berated the unfortunate attacks that led to the death of two of its officers, and[Read More…]
World Bank, FG partner to rollout digital national IDs for Nigerians Shubham Chaudhuri, World Bank country director for Nigeria, says the multilateral lender is collaborating with the federal government to ensure the successful rollout and registration of digital national IDs for all Nigerians. Chaudhuri made this known at a[Read More…]
Manufacturers want Govt Support To Revive Local Textile Industry Manufacturers are soliciting federal government intervention in the revitalisation of Nigeria’s textile sector. The operators called on President Bola Ahmed Tinubu to showcase increasing interest in rejuvenating the manufacturing sector to boost indigenous entrepreneurship in the country. This call for intervention[Read More…]
Firm empowers 400 female students on gender equity Junior Achievement Nigeria (JAN), in partnership with Union Bank, has empowered 400 senior secondary students girls from 16 schools in the 22nd edition of the Leadership, Empowerment, Achievement, and Development (LEAD) Camp for girls. According to the organizers, the three days[Read More…]
MATAN to start collection of VAT from informal sector The Market Traders Association of Nigeria (MATAN) has perfected plans to embark on the collection of value-added tax (VAT) from the informal sector for the Federal Government. The VAT Direct Initiative (VDI) by the Federal Inland Revenue Service (FIRS) is[Read More…]
NERC says Electricity Subsidy costs Nigerian Govt N36bn in three months The Nigerian Electricity Regulation Commission (NERC) has said Federal Government paid a total of N36 billion to subsidise electricity consumption in the country in the first quarter of 2023. NERC stated this in its quarterly report, adding that[Read More…]
Miners seek partnership with FG to shore up FX supply Miners have called on the Federal Government to partner them to explore the huge potential in the sector to increase the country’s gross domestic product (GDP) and increase foreign exchange (FX) supply. They said the sector holds a huge potential[Read More…]
FAAN inaugurates Aviation Cargo Village at Lagos Airport The Federal Government yesterday kicked – off the construction of an Aviation Cargo Village on the link road connecting the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. While carrying out the ground breaking ceremony at the Mafoloku axis of the metropolis, Chief[Read More…]