By Tony Obiechina, Abuja President Muhammadu Buhari has approved one-year deferment of the 35 percent import adjustment tax (levy) imposed on fully built unit (FBU) electricity meters HS Code 9028.30.00.00. In statement by Yunusa Tanko Abdullahi, Special Adviser (Media & Communications to Finance Minister in Abuja on Tuesday, the President gave approval under the 2019 fiscal policy measures for the implementation of Economic Community of West African States (ECOWAS) common external tariff (CET) 2017 – 2022. According to the statement, the approval was sequel a request by the Minister of Finance, Budget and National Planning Mrs Zainab Ahmed “to support…
Author: Ayo Oye
Read More
President Muhammadu Buhari Tuesday in Abuja assured Nigerians and the international community that his administration will use the remaining years in office to improve access to quality education, health care and enhance productivity, while listing nine priority areas. The President, who received Letters of Credence from Ambassadors/High Commissioners of eight countries at the State House, said efforts were being made to sustain Nigeria’s position as profitable investment destination with unequalled incentives in all sectors, especially large market and flexible tax system which investors from various countries can take advantage of. The Ambassadors/High Commissioners who presented their Letters of Credence are:…
The Football Committee of the Nigeria Football Federation has endorsed the final table of the Nigeria Professional Football League for the 2019/2020 season as prepared and released by the League Management Company.At its virtual meeting, held at the instance of the President of NFF, Mr. Amaju Melvin Pinnick, to deliberate on all the issues arising from the forced ending to the season by the COVID-19, the agreement reached by all stakeholders to use the Points-Per-Game (PPG) to determine the final table and the subsequent petition by Rivers United FC, the Committee unanimously recommended that the NFF Executive Committee endorse the…
The Nigerian Defence Academy (NDA) has expressed concern over increasing number of fake Facebook accounts and other social media handles displaying the name of the Academy.A statement issued on Tuesday in Kaduna by the Academy Public Relations Officer, Major Abubakar Abdullahi, cautioned the general public against being defrauded by handlers of the fake sites.Some of these unofficial handles include “NDA Kaduna Videos” and “NDA Cadets” among others, that transmit various messages and images with the sole intent of deceiving members of the public and achieving their various nefarious goals, the statement added.“We hereby denounce these fake social media accounts and…
An Australian study has identified key mechanisms which cause immune system deterioration, in response to severe viral infections such as HIV and COVID-19. Released by the Peter Doherty Institute for Infection and Immunity, the study identified several new mediators of immune exhaustion which could become the focus for new therapies. While mild infections can be successfully fought off by the body’s immune system, severe viral infections and cancer are known to cause impairments to crucial T cells, compromising the immune response and leading to potentially fatal complications. It was previously believed that this loss of function occurred slowly over long…
The Federal Government says there will be no more subsidies, either of set top boxes or Signal carriage as it plans to resume the rollout of Digital Switch Over (DSO), a transition from analogue to digital television broadcasting. The Minister of Information and Culture, Alhaji Lai Mohammed disclosed this on Tuesday in Abuja at a “Digiteam” meeting to foster dialogue among the various stakeholders in the DSO architecture Mohammed stressed that while the government is looking for money to pay outstanding debts and restart the DSO roll out, the process will be fully private sector driven and self sustaining. “On our…
The Oyo State Government says it has recorded two new COVID-19 related deaths as the death toll in the state hits 37. The Oyo State COVID-19 Emergency Operation Centre disclosed this on Tuesday via its official Twitter account @covid19oyo_eoc.that it was the latest statistics released by the Nigeria Centre for Disease Control (NCDC) It, however, disclosed that no new coronavirus cases were recorded in the state on Monday. “#COVID19 OYO CASE UPDATE 24TH AUGUST, 2020. “NO NEW CASES CONFIRMED “Sadly, there has been 2 additional deaths as a result of complications from COVID19. “Please continue to stay safe. “#OwnYourAction #OYA…
The changes in the global energy landscape has made it imperative for the oil and gas industry to adapt accordingly in order to maintain relevance, remain competitive and thrive. Mr Auwalu Sarki, the Director, Department of Petroleum Resources (DPR), spoke on Tuesday at the virtual opening ceremony of the Energy Industry Transformation Summit (NEITS). It was organised by the Society of Petroleum Engineers (SPE), Nigeria Council. Sarki said theme of the summit “Changing Global Energy Landscape: Strategies for Industry Sustainability’’, was not only relevant and germane, but timely and apt as well. “The scene of the world is changing rapidly,…
Gov. Godwin Obaseki of Edo, PDP candidate for the Sept.19 governorship election in the state, has assured the people Ovia that his administration will regenerate the area’s economy, if re-elected. Obaseki gave the assurance on Tuesday when the PDP Edo governorship campaign council met with the monarchs from Ovia at the palace of the Enogie of Obazuwa, Edun Akenzua. He said Ovia was a very vital part of the Benin kingdom, and given the next four years, his administration would regenerate the economy of the area so as to improve the people’s living condition. The PDP governorship candidate explained that…
Dr Wasiu Olatunbosun, the Oyo State Commissioner for Information, Culture and Tourism, says the state government is committed to the development of the tourism sector in the state thorugh partnership with stakeholders. Olatubosun made this known in Ibadan on Tuesday when the leadership of the Federation of Tourism Association of Nigeria (FTAN) paid him a courtesy visit in his office. According to the commissioner in a statement made available to the News Agency of Nigeria(NAN), the state has tourism potentials that could yield enough revenue for the government as well as create jobs. “Oyo State is blessed with diverse…