Yushau Shuaib

N5, 000 Tax Can Save a Child from Malaria- FIRS Boss

...Chartered Institute of Taxation, Ghana honours FIRS Chairman Five thousand Naira, (N5, 000) may seem too little to do a buffet at the Transcorp Hilton Hotel, Abuja or at Eko Hotels and Suites in Lagos. But a tax of N5,000 is...

Landslide May Stall $3.2bn Mambilla Hydro-Power Project

The over $3.2billion Mambilla Hydro-power project with the capacity to generate 3050 megawatts is being threatened by several factors including massive landslide and bad roads. The Mambilla hydro-electric power project in Taraba State was initiated in 1982 to serve as...

Buharinomics as a Reversed Robinhood

  Nigeria’s economy is unhealthy at the moment. It is in critical condition and the symptoms are clearly manifested in high inflation rate, downward slide in the value of the naira against major currencies, massive job cuts and consequent high...

Debts: FG Deducts N32bn from States’ Allocations

... Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric ... Osun, Bayelsa, 4 other States in Critical conditions The Federal Government has deducted a total sum of N32bn from allocations of states from the Federation Account in the month of...

NEXIM Bank and Iniatives in the Non-Oil Sector

By Bashir Wali, NEXIM ag MD “The funds are expected to attract and incentivize new and additional investments to the non-oil export sector and enhance their competitiveness.” The Nigerian Export-Import Bank (NEXIM Bank) recently launched two intervention products targeted at promoting...

FAAC Table: The Sharing of N691bn to FG, States, LGCs in July 2016

The Federation Account Allocation Committee (FAAC) shared a total sum of N691bn in the month of July representing allocation for June 2016. Of the amount N528.8bn represents Statutory allocation, N79bn represents Monetary Exchange Gain difference, N6bn for NNPC Refund...
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