By Iyiola Olalere Flowerbudnews: Our attention has again been drawn to former President Olusegun Obasanjo’s comment on the implementation of President Bola Tinubu’s economic policies on subsidy withdrawal and the unification of forex rates. In what appears like the former President’s appraisal of President Tinubu’s economic policies, former PresidentContinue Reading
By Iyiola Olalere Flowerbudnews: The Tinubu Stakeholders Forum (TSF) is drumming support for the Federal Government’s decision to take its advocacy for local government autonomy to the Supreme Court. In a statement jointly signed by its Chairman Ahmad Sajoh and Secretary Josiah Afolabi, the group was emphatic that fullContinue Reading
By Babajide Komolafe, Economy Editor The Central Bank of Nigeria, CBN, has revoked the operating licence of Heritage Bank. The Acting Director, Corporate Communications, CBN, Hakama Sidi Ali, disclosed this in a statement. She said: “The Central Bank of Nigeria, CBN, in accordance with its mandate to promote aContinue Reading
May 1, 2024 Nigeria is set to streamline its tax system by reducing the number of levies by over 87%, making it easier for residents to pay taxes. It is also aimed at helping to increase revenue, Bloomberg reports. The Presidential Fiscal Policy and Tax Reforms Committee, led by Taiwo Oyedele, isContinue Reading
The quest of Ogun State to be an oil producing State would soon be realised as the Nigerian National Petroleum Corporation Limited (NNPCL), is set to begin oil and gas exploration in the state. Stakeholders in the oil industry, including the Minister of State for Petroleum Resources (Oil), HeinekenContinue Reading
By Aisha Cole Lagos : Hammi Swomen, the outgoing Assistant Comptroller-General of Customs (ACG), Zone ‘A’, has called for the training and re-training of customs personnel in weapons handling. Swomen, who made the call on Wednesday in Lagos during a ceremony to mark his retirement from service. He said thatContinue Reading
By Flowerbudnews An Enugu-based Company, Second Coming Nigeria Ltd, has offered 30 per cent reduction in cooking gas to 4,000 residents of Enugu State to celebrate Gov. Peter Mbah one-year in office. The company cut the prices of cooking gas from N960 to N672, which amounts to over N20Continue Reading
By Biola Lawal (Based in Abuja, Lawal is a veteran journalist/Publisher, and, a former Acting Managing Director of the News Agency of Nigeria (NAN) Flowerbudnews: The Season of Sweetness, a major promise of Governor Bassey Edet Otu during the last general election is comingContinue Reading
By Danladi Ahmed Abuja (Flowerbudnews): The initial Stakeholder Advisory Panel (iSAP) for the Nigerian Electricity Supply Industry (NESI) has submitted a report of its activities as it ended its assignment. A National Electricity Regulatory Commission (NERC) statement obtained by Flowerbudnews recalled that ISAP was set up in 2021. It wasContinue Reading
