Lagos State Govt Spends N20bn On Rice Mill       The lagos State Commissioner for Agriculture, Ms Bisola Olusanya, has on Thursday said about N20 billion has been spent on Imota Rice Mill in Ikorodu, which is at 85 per cent completion level. She also said 250,000 jobs...

Dangote Cement To Pay N40bn Tax In Q1, 2021       Dangote Cement Plc is expected to pay N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021, the company said yesterday. In a statement, the cement manufacturer cited its...

NIPC Grants Tax Relief To 17 Firms       The Nigeria Investment Promotion Commission (NIPC) has granted Pioneer Status Incentive (PSI) to 17 companies with a total capital investment of N99.45 billion in the first quarter of 2021. NIPC’s Head of Incentives Administration Division, Uchenna Okonkwo, who stated...

FIRS Grants Dangote Cement N22.32bn Tax Credit       The Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at N22.321 billion. The tax credit certificates were for the construction of Apapa-Oworonshoki-Ojota road in Lagos and the Lokoja-Obajana-Kabba road connecting Kogi and Kwara...

NCS Intercepts Foreign Rice Worth N22.5m In Kwara       The Nigeria Customs Service (NCS) Strike Force in charge of Zone “B” that is made up of the North- east, North-west and North-central zones of the country said it intercepted and seized about 513 bags of foreign...

19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...