October 2019

FIRS Establishes Tax Office For Non-Resident Persons

FIRS Establishes Tax Office For Non-Resident Persons

October 21, 2019 4:26 am

The Federal Inland Revenue Service (FIRS) has established a tax office that is designated solely for the administration of taxes for non-resident persons.

This was contained in a statement signed by the Executive Chairman, FIRS, Mr. Tunde Fowler, which clarified that a non-resident person referred “to a foreign company as defined in the Companies Income Tax Act (Cap C2, LFN (Laws of the Federation of Nigeria) 2004 as amended) or an individual (who is resident outside Nigeria and derives income or profit from Nigeria) as defined in the Personal Income Tax Act (Cap P8, LFN 2004 as amended).”

The statement …

Lobby And Face Sanction, NIS Comptroller Warns Officers

Lobby And Face Sanction, NIS Comptroller Warns Officers

October 21, 2019 4:13 am

The Comptroller General of the Nigeria Immigration Service (NIS), Muhammad Babandede has promised to sanction officers who lobby for positions or postings.

He spoke at the ‘passing out parade’ of the second batch of converted/ upgraded officers (Course 2019) of the service held at the Immigration Training School, Kano.

“You are advised not to engage anybody to lobby on your behalf for any favours including staff deployment. Failure to adhere to this would be tantamount to indiscipline” he stated.

READ ALSO: Second Niger Bridge Suffer Setback

Babandele explained that the training was designed to deepen and widen their skills and …

Why We Delayed Announcing Our Mother’s Death – Kanu Family

Why We Delayed Announcing Our Mother’s Death – Kanu Family

October 21, 2019 3:50 am

The family of the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu has given reason it delayed the announcement of the death of its matriarch, Ugoeze Sally Nmeme Kanu.

Ugoeze Kanu died on August 30, in Germany where she was believed to have been since September 21, 2017 when soldiers on Operation Python Dance invaded their Afaraukwu, Umuahia country home.

Announcing her death in a terse broadcast on Saturday night, the IPOB leader, Kanu said: “Today (Saturday), I announce the passing of my mother, Ugoeze Sally Nmeme Kanu. May Chukwu Okike Abiama grant her eternal rest.”…

Plot By Thugs To Wear Army And Police Uniform In Bayelsa

Plot By Thugs To Wear Army And Police Uniform In Bayelsa

October 21, 2019 3:35 am

The Nigerian Police has uncovered plots by suspected thugs of political parties in Bayelsa State to wear Army and Police uniform to cause crisis during the November 16 governorship election.

The Deputy Inspector- General of Police, Operations, Mr Abdulmajeed Ali who stated this during a stakeholders meeting in Yenagoa, Bayelsa State capital, disclosed that leaders of political parties in the state have been placed under surveillance.

He said the Police would not tolerate attack on staff of the Independent National Electoral Commission (INEC) and ad-hoc electoral officials warning that the Police would ensure those hell-bent on fomenting trouble would not …

Air Controllers Raise Fear Over Airspace Safety, Workforce

Air Controllers Raise Fear Over Airspace Safety, Workforce

October 21, 2019 3:20 am
  • Canvass better funding of NAMA

Air Traffic Controllers (ATCs) yesterday bemoaned the perennial challenges in the Nigerian airspace and its management, maintaining that very little had changed in terms of safety concerns, inadequate and untrained workforce, among other issues facing the aviation sector.

On the occasion of the International Day for Air Traffic Controllers across the world yesterday, the controllers stated that the Federal Government and the Ministry of Aviation had a lot do in terms of their routine training and upgrade of facilities to enhance the safety of flights and travellers.

Specifically, they requested for proper funding of

…
Zainab Ahmed: Why IMF Supports Nigeria’s Border Closure

Zainab Ahmed: Why IMF Supports Nigeria’s Border Closure

October 21, 2019 3:07 am

The Minister of Finance, Mrs. Zainab Ahmed, has stated that the International Monetary Fund (IMF) supported Nigeria’s closure of its land borders because it understood that the action was not punitive.

Addressing journalists in Washington yesterday, Ahmed explained that the measure was intended to restore Nigeria’s relationship with its neighbours, based on commitments made.

She said that President Muhammadu Buhari did not want to approve the closure because he was mindful of the adverse effect it would have on the economies of neighbours.

READ ALSO: American Weapons Ended Up In The Wrong Hands In Yemen.

According to her, there …

AfDB Advocates Unlocking Of $1.8tn AUM For Investment

AfDB Advocates Unlocking Of $1.8tn AUM For Investment

October 21, 2019 2:58 am

The President of the Africa Development Bank (AfDB), Dr. Akinwunmi Adesina, has stressed the need to mobilise mutual funds and other Assets Under Management (AUM) in the continent put at $1.8 trillion, to drive Africa’s development.

He also said commercial banks who desire to get credit lines from the AfDB would have to increase lending to women-focused businesses, saying the bank was set to launch a rating for women-focused lending.

Adeshina said this in an interview on the sidelines of the just-concluded 2019 Annual Meetings of the World Bank and International Monetary Fund in Washington DC over the weekend.…

Senator Ngige Donates ₦1million To Onitsha Fire Victims

October 21, 2019 2:47 am
  • Assures them NEMA will come with relief materials

The Minister of Labour and Employment Senator Chris Ngige has issued a cheque of ₦1 million to the victims of Onitsha fire disaster at Ochanja market in Anambra State.

Ngige who was at Ochanja market to commiserate with the traders on the fire incident in the market last Wednesday described the fire as a disastrous and huge loss both humanly and materially.

He said that the money was his personal donation to enable the families of those who lost their lives to commence burials and to care for medical bills of …

WAIFEM, Others Oppose Governors' Push For FAC In Dollars

WAIFEM, Others Oppose Governors’ Push For FAC In Dollars

October 21, 2019 2:32 am

The West African Institute for Financial and Economic Management (WAIFEM) and some other industry stakeholders have kicked against the planned bid by the governors of the 36 states of the federation to demand that their shares and those of the local governments of monthly allocation from the Federation Account should be given to them in dollars.

Speaking in separate interviews with newsmen, they said the move by the state governors did not make any economic sense and would resort to volatility in the system.

Journalists last week reported exclusively that worried by the intractable problem of fuel subsidy, which had …

Police Rescue Abducted ACP, Arrest Two Suspects

Police Rescue Abducted ACP, Arrest Two Suspects

October 21, 2019 2:16 am
The Nigeria Police Force (NPF)  on Sunday’s night announced that it has rescued abducted an Assistant Commissioner of Police (ACP), Musa Rabo who was kidnapped over the weekend. 
According to the post on  Twitter handle of the force @Police NG at 11:05 pm on Sunday night, Rabo was rescued on unhurt.

The post read:” Musa Rabo abducted over the weekend was today 20th October 2019 rescued unhurt”. The officer was successfully rescued this evening by a combined team of Police operatives from Kaduna, Niger and Zone 7 Command Headquarters Abuja, backed-up by members of the elite Special Forces of the
…
Why Niger Delta Governors Instigated Our Probe, By NDDC

Why Niger Delta Governors Instigated Our Probe, By NDDC

October 21, 2019 2:05 am

• Accuses governors of plotting to takeover commission
• ‘Presidency must probe petroleum development fund’

The Niger Delta Development Commission (NDDC) yesterday accused governors of the Niger Delta region of plotting to hijack the commission.

It made the allegation following last week’s order by President Muhammadu Buhari calling for a forensic audit of the commission from 2001 to 2019.

“With the amount of money that the Federal Government has religiously allocated to the NDDC, we will like to see the results on the ground. Those that are responsible for that have to explain certain issues,” Buhari said on Thursday when …

Nigerian Border Closure Targeted At Poor Masses – Ohanaeze

Nigerian Border Closure Targeted At Poor Masses – Ohanaeze

October 21, 2019 1:54 am

The Ohanaeze Ndigbo has taken a swipe at the recent closure of the nation’s land borders by the Federal Government.

This is as Igbo traders under the auspices of southeast Amalgamated Market Traders Association (SEAMATA) said the continued closure has crippled their trading activities.

Enugu State chapter of the Ohanaeze said the border closure has inflicted more pains and hardships on the poor.

President of Ohanaeze Enugu State, Alex Ogbonnia, at a briefing after a meeting at the weekend, said it was an act of hypocrisy to shut borders to rice importation, while foreign exotic cars were given the …

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