Tag: FG

NECA wants Govt to stop new taxes

The Nigeria Employers’ Consultative Association (NECA) has advised the Federal Government to suspend its new excise duty, taxes and levies. Its Director-General, Adewale-Smatt Oyerinde, in a statement, noted that the increases, if implemented, would be counter-productive, as they would aggravate the rate of unemployment, encourage smuggling, discourage foreign direct investment[Read More…]

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FG disconnects discos from national grid over debt

Federal Government via the Transmission Company of Nigeria and the Market Operator have begun a massive disconnection of debtor electricity distribution companies from the national grid. PUNCH findings showed the development followed notices of disconnection from the grid served on some of the Discos by the Market Operator. The MO,[Read More…]

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