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FG Stands Firm on Tax Reform Bills, Adresses Concerns, to Deepen Consultation

The federal government has no intention of withdrawing the controversial tax reform bills currently before the National Assembly, the Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax Reform, Mr Taiwo Oyedele, has said. Speaking at a televised town hall meeting titled “Tax Reform Bills: Charting the Way Forward”, Oyedele addressed growing concerns […]

Anti-Corruption: EFCC Recovers Abuja Estate Linked to Fraudulent Government Official

The Economic and Financial Crimes Commission (EFCC) has announced its largest recovery in the agency’s history. In a statement released on Monday, the EFCC revealed the final forfeiture of a massive estate comprising 753 duplexes and apartments in Abuja. Justice Jude Onwuegbuzie of the Federal High Court, Abuja, issued the ruling on 2 December 2024, […]

Amnesty International Accuses Nigerian Police of Deadly Crackdown on #EndBadGovernance Protests

Human rights organisation Amnesty International has accused Nigerian police of deploying excessive force to disperse demonstrators during the #EndBadGovernance protests held from 1 to 10 August 2024. The protests, driven by frustration over economic hardship and government corruption, took place nationwide but ended in violence and loss of life. In a briefing published yesterday, Amnesty […]

Tax Reform Sparks Tensions in Senate as Lawmakers Challenge Procedural Breach

The Senate witnessed heated exchanges on Wednesday as lawmakers protested the entry of Federal Inland Revenue Service (FIRS) Chair Zacch Adedeji and consultants to discuss the controversial Tax Reform Bill. The Upper Chamber had suspended its rules to admit Adedeji and his team, sparking objections from senators who argued that the matter was not on […]

Over 60 Taxes, Minimal Results: Chairman of Fiscal Policy Committee Criticises System

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has criticised the federal government’s tax system, stating that there is “nothing to show” for the more than 60 taxes and levies collected across the country. Speaking at a Senate plenary on Wednesday, Oyedele said the current fiscal framework stifles growth […]

200 Trucks to Load Daily as Port Harcourt Refinery’s Old Wing Resumes Operations

The presidency has announced that 200 trucks will be loading petroleum products daily from the Port Harcourt Refinery as operations resume at the facility’s Old Wing. Sunday Dare, Special Adviser on Public Communications and Orientation to the President, confirmed this development via his official X (formerly Twitter) handle on Tuesday. “The Port Harcourt Refinery has […]

Yahaya Bello Faces Court Today in High-Profile Fraud Case

Former Kogi State Governor Yahaya Bello has been detained by the Economic and Financial Crimes Commission (EFCC) and is set to appear in court today to face charges of fraud amounting to ₦80.2 billion. Bello, who had reportedly been in hiding since April 2024, was arrested on Tuesday at around 12:55 p.m. and brought to […]

Yahaya Bello Returns to EFCC Amid Ongoing Corruption Probe

Former Kogi State Governor Yahaya Bello has once again appeared before the Economic and Financial Crimes Commission (EFCC) in connection with allegations of fund misappropriation. Sources within the EFCC confirmed that Bello attended the commission’s office on Tuesday, accompanied by his legal team. Contrary to earlier speculation, the current Governor of Kogi State, Usman Ododo, […]

Port Harcourt Refinery Begins Operations After Years of Delays

The Port Harcourt Refining Company (PHRC) in Rivers State has officially begun crude oil processing, marking a significant milestone in Nigeria’s energy sector. The announcement was made by Femi Soneye, Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL). “Today marks a monumental achievement for Nigeria as the Port Harcourt Refinery officially […]

Federal Government Defends Application for Fresh Loans Despite Revenue Surplus

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the Nigerian government must continue borrowing to fund its budget, despite some Ministries, Departments, and Agencies (MDAs) surpassing their revenue targets. Edun made this assertion during an interactive session with the Senate Joint Committees on Finance, National Planning, and Economic […]

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