Aviation Sector Gets Boost as Keyamo Officially Signs IDERA The Ministry of Aviation and Aerospace Development, Festus Keyamo, has officially signed the procedure for Recordation of Irrevocable Deregistration and Export Request Authorisation (IDERA) updated by the Nigerian Civil Aviation Authority (NCAA). According to the Minister, this...

The Chairman, Presidential Committee on Fiscal Policy and Tax Reform, Mr. Taiwo Oyedele, has said Nigeria is not broke but facing the consequences of revenue leakages. 

Increasing the price of Premium Motor Spirit (PMS), also known as petrol, may reverse the already diminishing effects of fuel subsidy removal in Nigeria, according to the World Bank. 

According to Osagie Okunbor, the Managing Director, Shell Petroleum Development Company and Chair, Shell Companies in Nigeria, the company has no plans to leave Nigeria despite moves to divest its onshore assets. 

Festus Keyamo, the Minister of Aviation and Aerospace Development, is urging airline operators to patronise local caterers, especially for outbound flights, saying it would promote Nigeria’s cultural heritage and economic development. 

The Nigerian Financial Intelligence Unit (NFIU) has warned defaulters that they will no longer get away with tax evasion as the crime is negatively affecting the government’s capacity to meet the yearnings of law-abiding citizens.