Customs Grants Over N1.4trn Waivers In Three Years   The Nigeria Customs Service (NCS), granted over N1.4trillion as waivers on imported goods in the last three years. Import duty waivers, concessions and exemptions are used by the governments across the globe to protect local industries, boost the...

In Nine Months, Nigeria Imports N143bn Solid Minerals   Nigeria imported solid minerals worth N143.1bn from January to September this year, according to data collated from the National Bureau of Statistics. The NBS data also show that the country exported N42.5bn solid minerals in the nine-month period,...

Reps Panel Queries FIRS Over Payment of N45m On Five Guests In Five Days, N40m On Entertainment       The House of Representatives Public Accounts Committee , PAC, on Thursday queried the Federal Inland Revenue Service (FIRS) over the sum of N45.6 million spent for a five...

Jimoh Ibrahim Loses Appeal Against AMCON Over N69.4bn Debt     The Court of Appeal Lagos Division has dismissed an appeal by the Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria (AMCON)’s seizure of his 12 assets and freezing of all his...

Reps Probe Institute’s N2bn Spending, Bank Of Agric Debts     The House of Representatives’ Committee on Public Accounts has resolved to investigate the utilisation of the N2bn paid to the National Institute of Pharmaceutical Research and Development for Intervention on COVID-19 from the Service Wide Vote...

In Six Months, NSITF Paid N.5bn Claims To Workers, Employers     THE Nigeria Social Insurance Trust Fund has disbursed N529.9 million to workers for medical expenses refunds, loss of productivity to employers, death and disability benefits, beneficiary of deceased employees and retirement benefits on behalf of...