2021 Budget: 316 Projects Worth N39.5bn Duplicated — BudgIT       The 2021 national budget has been found to contain over 316 duplicated capital projects worth N39.5 billion, according to investigations by BudgIT, a public finance transparency advocacy firm. A report of analysis of the 2021 budget made...

Buhari Orders Review Of FG’s Payrolls To Cut Costs     The federal government has initiated a raft of measures to cut the cost of governance in the face of dwindling revenue occasioned by the headwinds of the COVID-19 pandemic and the attendant global economic tailspin. Minister of...

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...

Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67% IGR In 2020       With the generation of 32.08 per cent, 8.97 per cent, 7.05 per cent and 4.57 per cent share of the 2020 Internally Generated Revenue (IGR) Lagos, Rivers, Federal Capital Territory (FCT) and Delta States respectively...

Customs Generate N466.1bn Revenue In Q1,2021       The Nigeria Customs Service (NCS) has generated N466.1 billion revenue in the first quarter (Q1) of 2021. The statistics obtained from the office of the Public Relations Officer of the service, Mr Joseph Attah, yesterday, showed that the revenue was...

JAIZ, NAHCON Launch Hajj Savings Scheme in Kwara, Oyo The Hajj Savings Scheme that would make it easier for Muslims in Nigeria to travel to Saudi Arabia to perform Hajj has been launched in Kwara and Oyo States, respectively. The launch and awareness sensitisation in the...