Fed Govt To Automate Import Duty Waiver In Q1, 2020   The Minister of Finance, Budget and National Planning, Mrs. Zainab S. Ahmed has said the automation of Import Duty Exemption Certificate (IDEC) will be launched first quarter 2020. The minister who disclosed this in Abuja at...

FIRS Gets Approval To Collect Stamp Duty   The Federal Government has announced that the Federal Inland Revenue Service (FIRS) will automatically become an agency to collect the N50 Stamp Duty following the passage of the 2019 Finance Bill by the National Assembly which contains an...

Without Federal Allocation, 33 States Can’t Survive - Report   Thirty-three state governments cannot finance their recurrent expenditure without allocation from the federation account, a report prepared by BudgiT has said. The federation account, according to nigerianstat.gov.ng, is the central pocket through which the three tiers of...

FEC Approves N314bn For Education, Road Projects   The Federal Executive Council (FEC) presided over by Vice President Yemi Osinbajo yesterday approved a total N311.8 billion for two link roads connecting the Second Niger Bridge in the South East and other projects being prosecuted at the...

FEC, New Investor Delay $146.8m Refund To Yola Disco   More than four years after the core investor in the Yola Electricity Distribution Company declared force majeure and returned the Disco to the Ministry of Power, the investor is yet to be reimbursed by the Federal...

FEC Okays N2.5bn For Dry Gas Pipeline Installation   A pipeline installation to transport dry gas through the North and South corridors to the West corridor has been approved by the Federal Executive Council at the cost of N2.5bn. The 30-kilometre project, which is operated by Shell...