1. Focus on solid minerals to boost revenue, ASHON tells FG
The Chairman, Association of Securities Dealing Houses of Nigeria, Sam Onukwue, has urged the Federal Government to focus on the solid mineral sector as it can provide much-needed revenue and protect the same revenue from going into private pockets… Read more
Source: https://punchng.com/focus-on-solid-minerals-to-boost-revenue-ashon-tells-fg/
2. Intervene in ports cargo evacuation, Tinubu urges African leadersÂ
The Federal Government has called for interventions in the aspect of cargo evacuation in African Ports… Read more
Source: https://punchng.com/intervene-in-ports-cargo-evacuation-tinubu-urges-african-leaders/
3. Creative sector can boost Nigeria’s GDP by $100bn – USÂ
Nigeria’s creative industry has the potential to become the country’s largest export sector and create an estimated $100bn to Nigeria’s GDP by 2030… Read more
Source: https://punchng.com/creative-sector-can-boost-nigerias-gdp-by-100bn-us/
4. OGIRS launches enforcement drive to recover outstanding revenues
The Ogun State Internal Revenue Service has initiated a comprehensive enforcement exercise targeting all revenue streams to recover outstanding tax liabilities and boost government revenue… Read more
Source: https://punchng.com/ogirs-launches-enforcement-drive-to-recover-outstanding-revenues/
5. Nigerian govt targets $2.5tn trade, 350m jobs from blue economyÂ
The proper harnessing of the potential of the Blue Economy will result in the generation of 350 million jobs and trade, valued at $2.5trillion annually, globally… Read more
Source: https://www.ripplesnigeria.com/nigerian-govt-targets-2-5tn-trade-350m-jobs-from-blue-economy/?amp
6. Converting to CNG-powered vehicles portends danger, expert warns Nigeria to learn from China’s mistake
As the Nigerian govt and Nigerians move to alleviate the negative effects of fuel subsidy removal by looking towards CNG-powered vehicles as an alternative, an expert has called for a second thought on the move… Read more
7. Tinubu, drive domestic refining, end importsÂ
RECENT moves in the downstream oil sector highlight Nigeria’s paradox of misery amid enormous endowment. While the Nigerian National Petroleum Company Limited pledged six million barrels of crude to the Dangote Refinery by December, five other smaller domestic refiners lamented their inability to commence production… Read more
Source: https://punchng.com/tinubu-drive-domestic-refining-end-imports/
8. BDC operators caution currency speculators as naira gainsÂ
The Association of Bureau de Change Operators of Nigeria has warned currency speculators to be wary as the Naira strengthens further against the United States of American dollar… Read more
Source: https://punchng.com/bdc-operators-caution-currency-speculators-as-naira-gains/
9. CBN’s lending to banks rises 466 % to N268bnÂ
Banks’ borrowings from the Standing Lending Facility (SLF) of the Central Bank of Nigeria (CBN) increased year-on-year (YoY) by 466 percent to N268.3 billion as at end of October 2023 from N47.35 billion as at October 2022 reflecting the increase in currency outside banks… Read more
Source: https://www.vanguardngr.com/2023/11/cbns-lending-to-banks-rises-466-to-n268bn/amp/
10. FG’s non-compliance with laws on pension administration, violation of rights of pensioners
THERE are two categories of Federal Government (FG) pensioners today. The first category are those drawing pension under the old Defined Benefits Scheme (DBS)… Read more