Federal Republic Of Nigeria
Tax reform: Over 90% of workers to pay lower taxes in proposed bill
Contrary to widely peddled opinions that workers will pay more tax post-reforms, Taiwo Oyedele has shown that the passing of the tax bill will mean lower tax for 90%
Nigeria Customs intercepts 7 trucks with over 2000 bags of foreign rice
The Nigeria customs service has intercepted over 7 trucks containing over 2000 50kg bags of smuggled foreign rice. Mr. Kola Oladeji gave details of the operation.
Nigeria Customs generates record-breaking N5.1trn in revenue in 2024
The Nigeria customs service says it has hit a new record, generating over N5 trillion from its operations in 2024. This is almost 60% growth from 2023.
World Bank releases $1.5 billion to Nigeria after subsidy removal, tax reforms
The Nigerian government has received a $1.5 billion loan disbursement from the World Bank after meeting two critical conditions including subsidy removal
Manufacturers set to gain as VAT reform slashes costs by 3.3 per cent
Taiwo Oyedele, the Chairman of Presidental Tax Reform Committee has assured manufacturers that the VAT reforms in the new Tax Reform Bill will reduce their costs.
Nigerians brace up for service disruption from MTN, Airtel, others over rising operation costs
Telecom operators have warned that the rising costs of operation in Nigeria may lead to service cuts and disruptions as the financial burden has become unbearable.
NCAA directs airlines to provide food, accommodation, rerouting options during flight disruption
NCAA has directed airlines to provide for passengers stranded due to flight disruptions. They have also agreed that sunset airports will operate till 10 pm not 7 pm.
“No More N80k/50kg”: Sellers quote rice at new price as cost Jollof doubles in 2024
A recent survey shows that the price of preparing jollof rice more than doubled, as the price of a 50-kilogram bag of rice increased eight percent in 2024.
2025 Budget: Federal MDAs to spend over N40 billion fueling generators
An analysis of the 2025 appropriation budget has shown that the Federal Government of Nigeria plans to spend over N40 billion on fueling generator for MDAs.
Federal Republic Of Nigeria
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