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The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu for the alleged “arbitrary, unconstitutional, unlawful, unfair, and unreasonable 50% telecommunications rate increase” by the Nigerian Communications Commission (NCC).
The Federal Government, States and Local Government Councils have shared the total sum of ₦1.424trillion from FAAC, being December 2024 Federation Accounts Revenue.
After some Governors’ initial rejection of the controversial tax reform bills by President Bola Tinubu, all the governors have now thrown their weight behind the Federal Government’s but with a proposal for a new sharing formula for value-added tax (VAT).
The Nigerian National Petroleum Company (NNPCL), has revealed that N10 trillion was remitted to the Federation Account in 2024, which made it the highest taxpayer in Nigeria and the only company in Nigeria with 100% of its financial statements published annually.
The minister of communications, innovation, and digital economy, Bosun Tijani, has confirmed that telecoms tariff will be increased but it will not be by 100 percent.
The National Bureau of Statistics, NBS, has revealed its plan to include illegal and hidden activities like prostitution and drugs peddling in the calculation of the country’s Gross Domestic Product, GDP.
MTN Nigeria has revealed its plan to increase her service tariff for calls and data by 100%.
The Nigeria Labour Congress, NLC, has insisted that President Bola Tinubu must withdraw the Tax Reform Bills forwarded to the National Assembly for passage to enable all key national stakeholders to be part of the process.
President Bola Tinubu has hailed the Nigerian National Petroleum Company Limited for re- opening of the Warri Refining and Petrochemical Company.
A fire broke out at Masaka Market in Karu District, Nasarawa State, leaving many traders counting millions of naira in losses.