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Fed Govt Receives 75 Bids For Road Concession

Fed Govt Receives 75 Bids For Road Concession     A total of 75 firms have submitted bids to serve as concessionaires for 12 federal roads that are mapped out for concession by the Federal Government. Bid documents submitted by the companies as well as the names of...

Dangote Cement To Pay N40bn Tax In Q1, 2021

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...

FIRS Grants Dangote Cement N22.32bn Tax Credit

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...

Passengers Groan Over 100% Air Fare Hike

Passengers Groan Over 100% Air Fare Hike     This is not best of time for air passengers on domestic flights as they have to contend with high fares. It was learnt on Monday that fares on major local routes had gone up by as much as 100...

‘Textile Can Generate 2.5 Million Jobs’

‘Textile Can Generate 2.5 Million Jobs’       Vice-President of Industrial Global Union, Mr. Issa Aremu, has said that the textile industries alone can generate over 2.5 million jobs in Nigeria if rejuvenated. He said the current government could create 100 million jobs over the next 10 years...

N392bn Projects Debt: Senate Asks FG To Consider Pension Fund

N392bn Projects Debt: Senate Asks FG To Consider Pension Fund         The Minister of Works and Housing, Babatunde Fashola, on Wednesday, told the Senate that the Federal Government owe construction firms handling 711 road projects across the country N392bn. The debt, according to the minister, was higher...