Abuja

Wike Reintroduces Capital Gains Tax In Abuja; Property Owners To Now Pay 10% Of Every Assets Sold

Wike Reintroduces Capital Gains Tax In Abuja; Property Owners To Now Pay 10% Of Every Assets Sold

Wike Reintroduces Capital Gains Tax In Abuja; Residents To Now Pay 10% Of Every Assets Sold. The Nyesom Wike-led Federal Capital Territory Administration (FCTA) has constituted and inaugurated a Capital Gain Tax Implementation Committee for the FCT to boost Internally Generated Revenue (IGR). The Mandate Secretary, Economic Planning, Revenue Generation and Public-Private Partnership, Barr. Chinedum Kelechi, who inaugurated the committee on Tuesday, announced that the implementation was in line with the Capital Gains Tax (CGT) Act, Cap.CI LFN 2004 (as ). According to him, the Act imposes a CGT tax rate of 10% on the total amount of chargeable gains…
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President Tinubu Makes Fresh Appointment

President Tinubu Makes Fresh Appointment

President Tinubu Makes Fresh Appointment President Bola Tinubu has appointed Abdu Mukhtar to serve as the National Coordinator of the Presidential ‘Unlocking Healthcare Value-Chain’ Initiative. In a statement on Tuesday, presidential spokesman, Ajuri Ngelale, said with the appointment of Mukhtar, the President “seeks to unlock billions of dollars of new investment into the nation’s healthcare-delivery system”. Mukhtar will now head the initiative domiciled under the Federal Ministry of Health and Social Welfare. “cross-ministerial collaboration” Mukhtar is expected to restructure the ecosystem of Health Product manufacturing, Health Logistics services, Health Technology services, Health Retail services (e-Commerce), Health Provider facilitation, and Health…
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Labour Union Declare Nationwide Strike For Ajaero

Labour Union Declare Nationwide Strike For Ajaero

Labour Unions Declare Nationwide Strike For Ajaero The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have jointly declared a nationwide strike scheduled for next Tuesday, November 14, 2023. The decision was reached after an extraordinary meeting of the National Executive Council in Abuja. The leadership of the two major labour unions confirmed that the nationwide mobilisation of their members and supporters had commenced immediately in preparation for the impending strike. This move by the Organised Labour is in response to the recent assault on NLC National President Joe Ajaero, which occurred last week in Imo State. The…
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Canadian Embassy Suspends Operations In Nigeria(Read Reasons Inside)

Canadian Embassy Suspends Operations In Nigeria(Read Reasons Inside)

Canadian Embassy Suspends Operations In Nigeria (Read Reasons Inside) The Canadian High Commission has suspended operations in Nigeria after a fire outbreak at the embassy in Abuja on Monday. AttNews reports that no staff except security personnel were seen at the embassy at 13010G, Palm Close, Diplomatic Drive, in the Central Business District of Abuja. The High Commission had, on its official X platform, announced the temporary suspension of its operations after a section of the embassy in Abuja was gutted by fireThe announcement did not comment on providing visa and immigration services for persons seeking to visit or emigrate…
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The Federal Government Will Cancel Licences Of Oil Refineries Not In Use – Minister Of Petroleum(Oil)

The Federal Government Will Cancel Licences Of Oil Refineries Not In Use – Minister Of Petroleum(Oil)

💥BREAKING The Federal Government To Cancel Licenses Of Oil Refineries Not In Use . ●The Minister Of Petroleum Has Liberalise Process To Acquire Licenses To Make Way For New Players In The Oil Sector Especially Those Who Want To Establish Refineries To Do That Without Frustrations . ●If You Aren't Ready To Be An Active Player Don't Acquire Licenses…Nigeria Needs Active Refineries. SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc who are involved in the above events and others not mentioned during this…
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Peter Obi Reacts To Supreme Court Judgement (FULL SPEECH)

Peter Obi Reacts To Supreme Court Judgement (FULL SPEECH)

FULL SPEECH: Peter Obi’s Reacts To Supreme Court Judgement Remarks at a Press Conference by Mr. Peter Gregory Obi, CON Presidential Candidate of the Labour Party on The Supreme Court Judgment of 26th October, 2023 On the 2023 Nigeria Presidential Election Held in Abuja, FCT, on Monday 6th November, 2023 Protocols, 1.Fellow countrymen and women. Gentlemen of the Media, Good day and welcome to this press conference.Kindly permit me to make some brief remarks on the recent ruling of the Supreme Court, the highest court in Nigeria. About a fortnight ago, I was traveling abroad on a prior scheduled engagement…
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State Owned Refineries Given Deadline To Kick-Start Operations – Minister Of Petroleum(Oil)

State Owned Refineries Given Deadline To Kick-Start Operations – Minister Of Petroleum(Oil)

💥BOOM State Owned Refineries And Deadline To Kick-start Operations According To The Minister Of Petroleum : ●Port-Harcourt Oil Refinery With 210,000bdp To Begin Operations By December 2023. ●Warri Refinery With 125,000bpd Expected To Begin Operation Between 1st-2nd Quarter Of 2024. ●Kaduna Refinery With 110,000bdp Expected To Begin Operation By Ending Of 2024. ●The Ajaokuta-Kaduna-Kano 614km Gas Pipeline Project Will Be Delivered By 2024 ●This Is According To The Minister Of Petroleum (Oil). MAY NIGERIA Succeed SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special promo designed for our brothers, sisters, mothers, fathers etc…
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FG Takes Steps To Take 50m Nigerians Out Of Poverty – Betta Edu

FG Takes Steps To Take 50m Nigerians Out Of Poverty – Betta Edu

How FG Will Take 50m Nigerians Out Of Poverty – Betta Edu The Federal Government has spelt out some of the steps that will be adopted to take 50 million people out of poverty in Nigeria, as directed by President Bola Ahmed Tinubu. The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, spoke on Thursday during the ongoing cabinet retreat at the State House Conference Centre, Abuja. The president had on Wednesday announced that ministers would sign a Performance Agreement with him at the end of the three-day cabinet retreat for ministers, presidential aides, permanent secretaries and top government…
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President Tinubu Jubilates As France Sets To Return Fresh $150m Abacha Loot To Nigeria

President Tinubu Jubilates As France Sets To Return Fresh $150m Abacha Loot To Nigeria

President Tinubu Jubilates As France Sets To Return Fresh $150m Abacha Loot To Nigeria President Bola Tinubu has expressed his appreciation to France for the return of $150 million stolen from Nigeria by former Head of State, General Sani Abacha. He has also acknowledged the signing of a €100 million agreement between Nigeria and France to support the i-DICE programme, a Federal Government initiative to promote investment in Information and Communications Technology (ICT) and Creative Arts Industries. The agreement was signed by the Minister of Communications, Innovation and Digital Technology, Dr. ‘Bosun Tijani, and the French Minister of Europe and…
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House Of Reps Scrap N5Billion Presidential Yacht After Public Outcry, Increases Students Loan To N10Billion

House Of Reps Scrap N5Billion Presidential Yacht After Public Outcry, Increases Students Loan To N10Billion

Reps Scrap N5billion Presidential Yacht After Public Outrage, Increases Students Loan To N10billion The Nigeria House of Representatives has scrapped the controversial budgetary allocation of the presidential yacht following the public outcry against the item in the supplementary budget. The House of Reps also moved the proposed sum for students’ loan to N10bn as against the documented N5.5billion. The Chairman of the House Appropriations Committee, Abubakar Bichi Abubakar, made this known onThursday while addressing newsmen saying the need became necessary following the low budgetary allocation for students. The Committee also increased budgetary allocation of the Ministry of Defence from N476billion…
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