THE Southwest states of Ekiti, Lagos, Ogun, Ondo, Osun and Oyo may team up to present a common front on the collection of Value Added Tax (VAT), it was gathered Saturday night. Some other states, including Kaduna, Delta, Enugu and…
THE management of the Nigerian National Petroleum Corporation (NNPC) has invited newspaper editors to a Lagos hotel with the intention of bribing them to discredit a recent report about ineptitude, mismanagement and corruption in the state oil and gas company.…
THE Yahaya Bello-led Kogi State government has lambasted the Government’s of Rivers State and Lagos State over moves to retain the Value Added Tax. Recall that Governor Nyesom Wike of Rivers had recently signed a bill on VAT followed by…
THE Federal Capital Development Authority (FCDA), has threatened to seal up the business premises of Nigeria’s multinational telecommunications Globacom Nigeria Limited in Abuja if it fails to pay up the over N1.3billion debt owed for the lease of telecommunication ducts…
MANY states in Nigeria may not be able to meet their financial commitments as the federal government could lose revenue from taxes amidst dwindling revenue in recent times with a court ruling assigning the collection of Value Added Tax (VAT)…
THE crisis over the Value Added Tax deepened on Wednesday with the Rivers State Governor, Nyesom Wike, ordering companies based in the state to start paying VAT to the state government. Wike gave the order during a stakeholders’ meeting in…
DESPITE declaring a profit in its operations for the 2020 financial year, published audited financial statement of the Nigerian National Petroleum Corporation, NNPC, has shown that its revenue fell by 19.76 percent in 2020 to N3.718 trillion from N4.634 trillion…
THE Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday, September 7, 2021 arraigned one Bukar Mohammed before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri on a one-count charge of obtaining by false…
THE Makurdi Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday September 2, 2021 secured the conviction of the duo of Damisa Gideon (aka Captain Kim Lee), and Deborah Okiemute for offences bordering on personation and internet…
Flays 13,777 compromised projects, 362 bank accounts PANDEF, others urge speedy implementation of report President Muhammadu Buhari, yesterday, ordered investigation into about N6 trillion expended on projects and sundry investments in the Niger Delta Development Commission (NDDC) since 2001. This…
