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Daily Archives: October 3, 2019

Youths Make Case For Onitsha River Port As Muoghalu Emerges NIWA Boss

Youths Make Case For Onitsha River Port As Muoghalu Emerges NIWA Boss

By Kenneth Jukpor   Barely 24 hours after the National Auditor of the All Progressives Congress (APC) George Muoghalu has been appointed as the new Managing Director of the National Inland Waterways Authority (NIWA), he has been tasked with transforming ...

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‘Terminal decommissioning puts N400 million investment, jobs at risk’

‘Terminal decommissioning puts N400 million investment, jobs at risk’

Although the Nigerian Ports Authority (NPA), said it decommissioned the BUA Ports and Terminals Limited, operator of Terminal B, in Port Harcourt, Rivers State, for security reasons, BUA described the action as contradictory to the ease of doing business agenda ...

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FG’s domestic debt rises by N1.26tn

FG’s domestic debt rises by N1.26tn

The Federal Government’s domestic debt outstanding rose by N1.26tn to N13.41tn as of June 2019, over the figure for the corresponding period of 2018. This was disclosed in the Central Bank of Nigeria’s half year report on Federal Government’s domestic ...

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Senate probes seven oil firms over unremitted $21bn

Senate probes seven oil firms over unremitted $21bn

The Senate on Wednesday mandated three of its committees to investigate seven international oil companies over their alleged refusal to remit about $21bn to the national treasury. The decision of the upper chamber was sequel to a motion by the ...

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Nigerians To Pay Tax On GSM, Cable TV Usage – Senate

Nigerians To Pay Tax On GSM, Cable TV Usage - Senate

A bill for an Act to introduce tax on communication  and cable television services scaled first reading at the Senate on Wednesday. The introduction of the tax, it was learnt, was to replace the 2.2 per cent increase in the ...

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Border Closure Was A Blessing, Customs collect N5bn daily –Ali

Border Closure Was A Blessing, Customs collect N5bn daily –Ali

The Comptroller-General of the Nigeria Customs Service, Hameed Ali, on Wednesday told the National Assembly members that the agency had been raking in between N4.7bn and N5.8bn since the Federal Government closed the nation’s borders. Ali stated this when he ...

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