effect

NLC Speaks On Effect Of Border Closure In Nigeria

December 19, 2019 1:55 pm

The Nigeria Labour Congress (NLC) in Bayelsa on Thursday applauded the Federal Government for the border closure, saying the policy was yielding positive results in various local products, especially rice.

The NLC Chairman in the state, Mr. John Ndiomu, told the News Agency of Nigeria (NAN) in Yenagoa that the border closure was doing more good than harm.

According to Ndiomu, the border closure is a good thing to happen to this country.

β€œI thought there would be no rice, but now, look at our rice everywhere because of the border closure.

β€œAll these rice are locally made in Nigeria. …

Finance Bill: New Tax Regime To Take Effect From Jan 2 – FG

November 28, 2019 2:21 pm

The much-debated and anticipated new tax regime expected to fund the 2020 budget and restructure tax administration in Nigeria will take effect from the 2nd of January next year.

According to THISDAY, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, in a panel session at the PwC Executive Session on Finance Bill and Tax Strategy, the bill would be revised yearly as the Federal Government is planning to grow the ratio of revenue to Gross Domestic Product (GDP) from 6% to 15% by 2023, with a greater percentage of revenue coming from non-oil sources.

The minister disclosed …

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π€πŸπ«π’πœπš πƒπ’π π’π­πšπ₯ 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐀, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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