News Flash

Nov
22
2023
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By Abia ThinkTank
FIRS Demands Tax Compliance By Crude Lifting Shipping Firms

FIRS Demands Tax Compliance By Crude Lifting Shipping Firms

Business, News Flash, Oil & Gas
FIRS Demands Tax Compliance By Crude Lifting Shipping Firms The Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the country’s tax laws in their operations. Adedeji gave the charge in Lagos at a workshop on taxation of non-resident shipping companies organised by the FIRS in conjunction with Oil Producers Trade Section (OPTS) on Monday. He said the tax compliance exercise commenced by FIRS on the activities of foreign shipping companies lifting hydrocarbons from Nigeria was part of measures aimed at widening the tax net in order…
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Nov
22
2023
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By Abia ThinkTank
FCT: Wike Announced Plan To Ban Keke Napep

FCT: Wike Announced Plan To Ban Keke Napep

Abuja, Columns/Opinions/Letters, News Flash, Transportation
FCT: Wike announces ban of Keke Nepap Nyesom Wike, the Minister of the Federal Capital Territory, has announced plans to prohibit the use of tricycles, commonly referred to as Keke Napep, in certain areas of Abuja. He also assured the public that the issue of one-chance crimes in the nation’s capital will soon be resolved. Wike further stated that buses and taxis will be introduced by the FCDA to address transportation challenges and combat criminal activities associated with one-chance operations in the FCT. “These buses and taxis will ply all the routes in Asokoro and Maitama. We are kicking out…
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Nov
22
2023
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By Abia ThinkTank
President Tinubu Meets German President, Frank-Walter Steinmejer In Berlin

President Tinubu Meets German President, Frank-Walter Steinmejer In Berlin

Foreign Affairs, FGN, News Flash
President Tinubu Meets German President, Frank-Walter Steinmeier In Berlin President Bola Ahmed Tinubu, on Tuesday, met with the German President, Frank-Walter Steinmeier, at the Bellevue Palace in Berlin. In a post via his official X (formerly Twitter) handle on Tuesday, Tinubu said he looked forward to a more prosperous partnership between the two countries. He wrote: “Thank you, President Frank-Walter Steinmeier, for hosting me at the Bellevue Palace today. I look forward to a more prosperous partnership between our countries.” 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…
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Nov
22
2023
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By Abia ThinkTank
Gov. Akeredolu Denies Spending N7bn On Contingency

Gov. Akeredolu Denies Spending N7bn On Contingency

News Flash, Politics, South West
Gov. Akeredolu Denies Spending N7bn On Contingency Governor Oluwarotimi Akeredolu of Ondo State has denied personally spending over N7 billion on contingency without budgetary approval from the State House of Assembly. Akeredolu through his Chief Press Secretary, Richard Olatunde said what was being referred to erroneously as contingency was the money approved for palliative by the Federal government. A news media outfit had alleged that Akeredolu had spent over N7 billion in contingency without approval from the lawmakers in the state. It further alleged that the anti-graft agencies have moved to investigate the finances of the state. But Olatunde said…
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Nov
22
2023
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By Abia ThinkTank
ICPC And EFCC Investigate Ondo State’s N7.3 Billion Contingency Spending

ICPC And EFCC Investigate Ondo State’s N7.3 Billion Contingency Spending

Crime, News Flash, Politics
ICPC and EFCC Investigate Ondo State's N7.3 Billion Contingency Spending In a covert operation, the ICPC and EFCC have intensively questioned the Accountant General of Ondo State over alleged misappropriation of funds. The focus is on the approval of over N7.3 billion for "contingency" between July and September 2023, as disclosed by a leaked copy of the state's budget performance report obtained by SaharaReporters. Governor Rotimi Akeredolu, who gave the nod for the substantial expenditure, was reportedly on medical leave in Germany at the time. The budget report, titled "Ondo State Third Quarter (July - September) 2023 Budget Performance," posted…
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Nov
22
2023
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By Abia ThinkTank
Akpabio Names Chairmen Of Senate Committees; Natasha, Sampson Made List

Akpabio Names Chairmen Of Senate Committees; Natasha, Sampson Made List

Abuja, National Assembly, News Flash
Akpabio names Natasha, Ekong Sampson. others as chairmen of Senate committees Senate president, Godswill Akpabio on Tuesday, November 21, named Senator Natasha Akpoti-Uduaghan, the lawmaker representing Kogi Central, as the chairman local content committee and vice chairman of steel respectively. Akpabio also appointed 14 other senators as chairmen and vice chairmen of different committee. The newly appointed chairmen and vice chairmen are as follows: Steel – Patrick Udubueze (Chairman), Natasha Akpoti-Uduaghan (Vice-chairman) Tourism – Shuaibu Isa Lau, Ireti Kingigbe (Vice-Chairman) Inter-Parliamentary Affairs – Jimoh Ibrahim (Chairman) State and Local Government Affairs – Binos Yaroe (Chairman), Francis Fadahunsi (Vice Chairman National…
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Nov
22
2023
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By Abia ThinkTank
Nigeria Witnessing Significant Investments Under President Tinubu – Foreign Affairs Minister, Tuggar

Nigeria Witnessing Significant Investments Under President Tinubu – Foreign Affairs Minister, Tuggar

FGN, Foreign Affairs, News Flash
Nigeria Witnessing Significant Investments Under Tinubu – Minister Nigeria Witnessing Significant Investments Under Tinubu – MinisterYusuf Tuggar, Nigeria’s Minister of Foreign Affairs, has emphasized the significant investments taking place in the country during President Bola Ahmed Tinubu’s leadership. In an interview on Channels TV’s Politics Today, Tuggar highlighted specific recent instances of investment activities. He mentioned a major development at the G20 Compact with Africa (CWA) Conference in Germany, where Union Bank and German group GWX signed a $500 million agreement to finance a green energy project. Additionally, a Nigerian group entered into an agreement with a German counterpart to…
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Nov
22
2023
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By Abia ThinkTank
House Of Reps Okay MTEF, N7.8tn Borrowing Plans For 2024

House Of Reps Okay MTEF, N7.8tn Borrowing Plans For 2024

Abuja, Economy, National Assembly, News Flash
Reps Okay MTEF, N7.8tn Borrowing Plans For 2024 The House of Representatives, on Tuesday, approved the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), with a borrowing plan of N7.8 trillion for 2024. For 2024, 2025, and 2026, the House set benchmark oil prices of $73.96, $73.76, and $69.90 per barrel, respectively. Also, the House set benchmark daily crude oil production levels of 1.78 Mbps, 1.80 Mbps, and 1.81 Mbps. As agreed by the Green Chamber for 2024–2026, the executive’s proposed exchange rate is N700, N665.61, and N669.79 to $1. The inflation rates of 21.40 per cent in…
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Nov
22
2023
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By Abia ThinkTank
I Was Issued Fake C of O By FCTA Officials When I Was Governor – Wike

I Was Issued Fake C of O By FCTA Officials When I Was Governor – Wike

Crime, News Flash, Urban Planning/ Lands
How FCTA officials issued me fake C of O while I was governor – Wike The Minister of the Federal Capital Territory (FCT), Ezenwo Nyesom Wike, made a promise to eliminate syndicates that engage in providing fake Certificates of Occupancy (C of Os) to unsuspecting members of the public in the nation’s capital. Wike shared a personal experience of how, while serving as the governor of Rivers State, he discovered that three fake C of Os were issued for his plot of land, even after he had paid N57 million. Speaking at a meeting with estate developers in Abuja, Wike…
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Nov
22
2023
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By Abia ThinkTank
Buhari’s Aides, Ex-Governors, And APC Bigwigs Intensify Lobby For Ambassadorial Appointments

Buhari’s Aides, Ex-Governors, And APC Bigwigs Intensify Lobby For Ambassadorial Appointments

News Flash, Politics, Presidency
Buhari’s aides, ex-govs, and APC bigwigs intensify the lobby for ambassadorial appointments. State governors as well as former ministers and other officials, who served in the administration of former President Muhammadu Buhari, and the political associates of President Bola Tinubu have launched an intense lobbying for appointment as Nigerian ambassadors to foreign countries. The chieftains of the ruling All Progressives Congress, National Assembly members, and retired military officers were among those jostling for ambassadorial nominations. Nigeria has a total of 109 missions, 76 embassies, 22 high commissions, and 11 consulates abroad. The desperate lobby for ambassadorial appointments commenced after the…
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