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Bill To Hike VAT Passes 2nd Reading In Senate

Bill To Hike VAT Passes 2nd Reading In Senate   An Executive bill forwarded to the National Assembly seeking to make changes in the Nigerian tax and fiscal law scaled second reading at the upper chamber on Wednesday. Senators however protested the non-inclusion of details of the...

Debt Recovery: Reps To Speed Up Amending AMCON Bill

Debt Recovery: Reps To Speed Up Amending AMCON Bill   The Chairman, House of Reps Committee on Banking and Currency, Sir Jones Onyereri, has said the Asset Management Corporation of Nigeria Amendment(AMCON) Bill will be presented before the House in the next one or two weeks. Onyereri...

24 GenCos Record N36.8bn Shortfall For April Energy Bill

24 GenCos Record N36.8bn Shortfall For April Energy Bill Twenty four electricity Generation Companies (GenCos) have recorded N36.8 billion shortfall in the Nigerian Electricity Market (NEM) after the 11 Distribution Companies (DisCos) failed to remit the full N50bn energy invoice for electricity generated and sent...

National Assembly Re-works Bill, PIGB Suffers Setback

National Assembly Re-works Bill, PIGB Suffers Setback The Petroleum Industry Governance Bill has suffered a setback two months after it was passed by the National Assembly. At the plenary on Wednesday, the Senate referred the bill back to the Conference Committee on the Petroleum Industry and...

AEDC Seeks Improved Bill Payment, Pledges Safe Electricity

AEDC Seeks Improved Bill Payment, Pledges Safe Electricity   The Abuja Electricity Distribution Company (AEDC) has urged electricity customers under the Nasarawa region to improve on paying electricity bills from the current 45 percent just as it sensitised them on the safe use of electricity. The General...