...Multinationals to file returns on operations abroad ...FEC approves construction of bigger port in Badagry The federal government has announced that it had lost about $1 trillion to tax evasion and avoidance by multinational companies. The Minister of Information and Culture, Lai Mohammed, who dropped the hint after...

A new Postmaster General of the Federation and Chief Executive of the Nigerian Postal System will soon emerge, the Special Assistant to the Minister of Communications, Mr. Victor Oluwadamilare, has said. Oluwadamilare, who spoke in an interview with the PUNCH in Abuja, said it was...

Some financial experts have urged the Federal Government to strengthen taxes and levies collections to sustain the increase in the nation's non-oil revenue generation. The experts told news hunters in Lagos that government should tighten the existing loopholes in that sector to bridge the dwindling...

The Minister of Aviation, Mr. Hadi Sirika, said government is set through the Bureau of Public Procurement to concession, Abuja, Lagos, Kano and Port Harcourt airports. According to him, the concessionaire of the Nnamdi Azikiwe International Airport, Abuja, would have to build a second runway...

Late President Umaru Yar’adua’s government introduced the tenure policy in August, 2009 reportedly to eliminate stagnation in the service. The policy prescribed a term limit of four years for permanent secretaries and another four years (renewable once) for officers on directorate cadre. However, the federal government...

Five months after it was attacked and shut down, Shell’s Forcados export line remains offline, causing the country a loss of about $1.6bn (N356.6bn) in revenue. It is still uncertain when the pipeline would come back on stream, although the Minister of State for Petroleum...