Customs Impounds Indian Hemp, Rice, Others Worth Over N1bn   The Federal Operations Unit, FOU Zone A of the Nigeria Customs Service (NCS) said it has impounded 15 trailers of imported foreign rice, Indian Hemp, used clothes, and other contraband items with Duty Paid Value, DPV,...

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim   Following controversies trailing a claim of a missing N89.09trn allegedly siphoned from stamp duty charges, the Presidency on Tuesday said such claims were false. It also said the entire banking sector deposits in Nigerian did not amount to...

Lawmakers Pass NCC’s N559bn Budget   The Senate, at a plenary on Tuesday, passed the 2023 budget of the Nigerian Communications Commission (NCC) following the presentation by the Committee on Communications. The lawmaker representing Yobe South, Ibrahim Bomai, who laid and presented the reports, stated that the...

Reps Pass NCC N553.7bn Budget     The President Muhammadu Buhari has transmitted to the House of Representatives, the proposed budget of the Federal Capital Territory for 2023. It also adopted the report of its Committee on Telecommunications on the budget of the Nigerian Communications Commission (NCC) for...

RMAFC, EFCC Uncovers Oil Firms’ $205m Unremitted Funds   The Revenue Mobilisation Allocation and Fiscal Commission(RMAFC) has said that it discovered $205.01m unremitted to the federation account by oil and gas companies through joint efforts with the Economic and Financial Crimes Commission(EFCC). It noted that it had...

FG Pledges Continued Skills Development To Deepen $420bn Economy   The Federal Government has pledged to continue skills acquisition programmes across Nigeria to deepen the economy estimated at $420bn. Speaking at the ITF-NECA Technical Skills Development Project (TSDP) Stakeholders’ Dialogue Forum in Abuja, Minister of State for...