Mohammed Nami, executive chairman of the Federal Inland Revenue Service (FIRS), on Wednesday said a proposal has been sent to the federal government for a law on road tax. Nami…
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Category: Economy
Buhari: How Nigeria lost $50bn to delayed passage of PIB
By our reporter/ President Muhammadu Buhari on Wednesday disclosed how Nigeria lost over $50bn worth of investments in the petroleum industry since 2011 due to the non passage of the…
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Why court approved CBN’s request to freeze bank accounts of Bamboo, Risevest, others
The Federal High Court in Abuja, on Tuesday, ordered the freezing of the bank accounts of six online investment platforms for 180 days. Affected by the court order are Rise…
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Buhari approves committee for immediate implementation of petroleum industry act
Ebun Francis/ President Muhammadu Buhari on Wednesday approved a committee to immediately commence the implementation of the Petroleum Industry Act (PIA). The steering committee, which has 12 months duration for…
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PIB: No plan to increase fuel price, cooking gas prices to drop – FG
By our reporter/ The federal government on Tuesday assured that the price of petrol will still sell at between N162 and N165 per litre despite the signing of the Petroleum…
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