Friday, October 7, 2022

Nigeria’s VAT Regime: NURTURED REVENUE SHARING INJUSTICE — NYESOM WIKE

MIXED REACTIONS resonated, among the audience, at a stakeholders meeting with Governor Nyesom Wike, of Rivers State, in Port Harcourt, on Wednesday, when he...

Telecommunications In Nigeria: GOVERNMENT APPROVES NATIONAL POLICY ON 5G NETWORK

NATIONAL POLICY ON 5G NETWORK, has been approved in Nigeria, by government's highest policy making body, the Federal Executive Council, FEC, on Wednesday, to...

Quest For Light: ECOWAS PARLIAMENT MEET ON ELECTRICITY CHALLENGE IN MEMBER COUNTRIES

IN ABIDJAN, Cote d’Ivoire, on Tuesday, ECOWAS Parliament converged, to deliberate on how to tackle electricity challenges, in member countries, which has hindered development...

Foreign Currency Deals: A DEEPENING CRISIS, CBN PROBES FOREX DEALERS

NIGERIA’S CENTRAL BANK, is initiating probe into foreign currencies transactions by dealers, for the purpose of importing items designated invalid for Nigerian foreign exchange...

Collapse Of National Grid: POWER SECTOR RULES NIGERIA, DOES NOT SERVE IT

NIGERIAN NATIONAL ELECTRICITY GRIDE’s, incessant collapse, in the past 24 hours, from Thursday, and in previous months, demonstrates the precarious state of its energy...

Getting Down To Business: KENYAN AIRWAYS APPOINTS ACTING CEO

ACTING CHIEF EXECUTIVE OFFICER, ALLAN KILAVUKA, has been appointed for Kenya Airways.  This followed the resignation of the incumbent in May.  The airline has...

Zambia’s Economy: CANNABIS PASSES FOR EXPORT TO BOOST ECONOMY

PRODUCTION AND EXPORT OF CANNABIS has been legalized in Zambia.  It will serve economic and medical purposes to boost the country’s economy. Zambia is...

In Search For Light: AfDP FUNDS NIGERIA’S POWER TRANSMISSION PROJECTS WITH $210M

ELECTRICITY GENERATED AND SUPPLIED to Nigerians, in relation to the country’s population remains grossly inadequate.  The questions remain, also, whether Nigeria has benefited from...

END RELIANCE ON OIL TO FIGHT POVERTY — IMF Tells Nigeria

NIGERIA’S FOCUS ON OIL must shift to diversification of the economy in order to reduce economic vulnerabilities presently plaguing the country.  At the World...

Petroleum, Other Commodities Subsidy: NIGERIA’S ECONOMY RUNNING EMPTY SOON

SUBSIDIZING PETROLEUM AND OTHER COMMODITIES, could lead Nigeria into worst case of insolvency, unless government eliminates huge resources channeled to that direction.  Nigeria’s present...

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