The Nigeria Labour Congress has opposed the six per cent stamp duty fee for every tenancy and leases agreement stipulated by the Federal Inland Revenue Service. It described the new tax as a financial burden on poor Nigerians at a time they were facing socio-economic pressure arising from the COVID-19[Read More…]
News
Outrage Among Consumers As NIPOST Imposes New Charges On Courier And logistics Services
The Nigerian Postal Service (NIPOST) has imposed new costs of licence for logistics and courier services, sparking outrage from Nigerians online. The new charges introduced by NIPOST are expected to cause an increase in the cost of courier services and delivery goods. According to NIPOST, companies which provide international courier[Read More…]
Startimes Acquires Laliga Broadcast Rights
Pay T.V operator, Startimes, has won the right to broadcast the matches of the Spanish La Liga to its teeming subscribers. This comes after the Federal Government had prohibited exclusivity rights of PayTv operators to broadcast sports matches in January, 2020. The Minister of Information, Alhaji Lai Mohammed, directed the[Read More…]
ARCN Staff Rally Behind Prof Sharubutu, Warn Off Detractors
The staff and management of Agricultural Research Council of Nigeria have unanimously passed a vote of confidence on the new Executive Secretary Prof Garba Sharubutu, for steering the establishment away from the culture of decadence and warned detractors to allow him peacefully deliver the mandate of the institution which is[Read More…]
FG Vs MedContour Services: Surgeon Appears in Court
In line with its mandate to ensure that customers are prioritised in the business value chain, a federal government agency; the Federal Competition and Consumer Protection Commission (FCCPC), has dragged a Lagos Surgeon, Dr. Anuoluwapo Adepoju, to court over alleged evasion from investigation into a failed plastic surgery. Prior to[Read More…]
FCCPC Insist Surgeon Has a Case to Answer
Federal competition and Consumer protection commission (FCCPC) has insist that a Lagos Surgeon , Dr. Anuoluwapo Adepoju has a case to answer. Dr. adepoju on Friday, appeared before a Federal High Court in Lagos over alleged evavsion from investigation into a failed plastic Surgery. The defendant is charged alongside[Read More…]
FG orders DSTV to suspend tariffs hike
The Nigerian Government has ordered the management of MultiChoice, to suspend the implementation of its new hiked tariffs on different bouquets on its DSTV. The Acting Director General of the Nigerian Broadcasting Commission, NBC, Armstrong Idachaba, gave the order on Tuesday. Also, the Minister of Information and Culture, Alhaji Lai[Read More…]
FG Halts Planned Hike in Electricity Tariffs
Federal government through the National Assembly (NASS) yesterday waded into the controversy on the planned hike in electricity tariffs from July 1st, 2020 and succeeded in convincing the Distribution Companies (DISCOs) to defer the plan till the first quarter of 2021. The President of the Senate, Ahmad Lawan, the Speaker[Read More…]
FG Stands out of July 1 Electricity Tariff Increase
Electricity Distribution Companies, DisCos, in the country have accused the Nigerian Electricity Regulatory Commission, NERC, of attempts to distance itself from the July 1 commencement of the new service-based electricity tariff regime. This allegation is contained in a statement released by their umbrella body, the Association of Nigerian Electricity Distributors,[Read More…]
PPPRA No Longer Fix Petrol Price
The Petroleum Products Pricing Regulatory Agency (PPPRA) is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol for marketers, the executive secretary, PPPRA, Mr Saidu Abdulkadir disclosed yesterday. Abdulkadir, who stated this in a statement in Abuja, yesterday, however, said the agency would constantly,[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]