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FG restates commitment to affordable housing delivery

The Minister of Works and Housing, Babatunde Fashola, has disclosed that between 2017 to July 2022, the federal government has approved over 5,000 certificates of occupancy and granted 2,738 consents to land transactions. Fashola said this on Thursday in a remark at the National Council on Lands, Housing and Urban …

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FOREX: CBN Allays Fears of Nigerians

In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to the speculative activities of some players in the foreign exchange market. Speaking with newsmen in Abuja on Thursday, …

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Nigeria, Taiwan To Strengthen Food Industry

Taiwan-Africa Business Association (TABA) and Anko Food Machine Co., Ltd.cohosted the Taiwan Food Machinery Expansion fair at conference hall of Anko Food Machine Co., Ltd. at on 28th July, 2022. The fair was attended by high level Taiwanese government officials, international trade offices, embassies, and ten of Taiwan’s leading food …

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NEPZA, FIRS agree to adjust FTZs new tax administration pact

The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have agreed to adjust some sections of the recently signed Memorandum of Understanding (MoU) on the efficient management of the free trade zones tax system in order to accommodate salient concerns of the stakeholders. Recall that …

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FEC approves 2023-2025 MTEF, sets new parameters

The federal executive council (FEC) has approved the 2023-2025 medium-term expenditure framework (MTEF) and fiscal strategy papers (FSP). The minister of finance, budget and national planning, Zainab Ahmed said this on Wednesday at the end of the meeting Ahmed said the ministry got inputs from the council and will make …

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FCT POLICE BEGINS ENFORCEMENT OF OKADA BAN

The Federal Capital Territory, FCT, Police Command has commenced the execution of the Federal Government’s nationwide ban on motorcycle transportation system across the country. The Commissioner of Police, FCT Police Command,, Sunday Babaji, ordered the seizures of 20 motorcycles found to have violated the order on Tuesday, in the Durumi …

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Senate invites Emefiele over naira depreciation

The senate has invited Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the depreciation of the naira. On Friday, the naira fell at the parallel market to N670 amid higher dollar demand.  The decision of the upper legislative chamber followed a motion by Olubunmi Adetunmbi, senator representing Ekiti north. …

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NLC protest: Police, DSS beef up N’Assembly security

Operatives of the Nigeria Police Force, the Department of State Security Service, and the Nigeria Security Civil Defense Corps have beefed up security around the National Assembly complex, Abuja, over the ongoing protest organised by the Nigeria Labour Congress in solidarity with the Academic Staff Union of Universities. Workers in …

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