targets

Hate Speech Bill Targets The Poor – Advocats Sans Frontiers

As public debate on a controversial Hate Speech bill before the Nigerian Senate heats up, rights organisation Advocats Sans Frontiers (Lawyers Without Borders) has weighed in on the development, describing the bill which had proposed the death penalty for Hate Speech as attempt to discriminate against the poor.

Head of the organisation in Nigeria Angela Uwandu said that it was unfortunate that Nigeria still has capital punishment laws at a time the world is moving away from the practice.

Advocats SANS Frontiers France with the support of the European Union had organised a two-day training for selected civil …

BUA Targets 200,000 Tonnes Of Refined Sugar In Kwara

The Chairman/Chief Executive Officer, BUA Group of Companies, Alhaji Abdulsamad Rabiu has hinted that the planned sugar plantation and refinery in Lafiaji, in Edu local government council area of Kwara state is capable of producing over 200,000 tonnes of refined sugar and generate over 10,000 direct employments opportunities for the people of the country.

He also said the project would generate 200,000 litres of ethanol and 35 megawatts of power – using the bye product of sugarcane.
Rabiu stated this in Lafiaji, Kwara State on Monday, when he led the state governor, Alhaji Abdulrahman Abdulrasaq on facility tour of …

Judges As New Targets Of Kidnapping

With the recent abduction of Justice Chioma Iheme-Nwosu, a judge of the Benin Division of the Court of Appeal, it might have become profitable targeting judges for kidnapping, Davidson iriekpen writes

After two weeks in captivity, a judge of the Court of Appeal in Edo State, Justice Chioma Iheme-Nwosu, who was kidnapped in Benin City, the state capital, last Wednesday, regained her freedom. Information reaching THISDAY said the judge was released in the city in the dead of the night from where she made her way home.

The Edo State Commissioner of Police, Mohammed Danmallam, who later confirmed the …

e-Customs: NCS Targets ₦1.679tr Revenue In 2020

The Comptroller-General of the Nigeria Customs Service (NCS), Hameed Ali on Tuesday disclosed that the 2020 revenue target set for the service by Federal Government stands at ₦1.679 trillion as encapsulated in the Medium-Term Expenditure Framework approved by the National Assembly.

Ali made the revelation in Abuja at the 2020 budget defence with House of Representatives Committee on Customs.

According to him, the figure consists ₦1.5 trillion for federation revenue, while non-federation stands at ₦178.62 billion.

When compared to the 2019 revenue target, the 2020 figure is higher by N741.43 billion (44.17%).

The Customs boss said the 2020 budget leverages …

Nigeria Targets Oil Companies For Greater Share Of Profits

In a move Nigeria’s president hailed as a “landmark moment”, Africa’s largest oil producer approved legislation this week to bolster its share of revenues from international majors.

The authorities say the amendment — heralded as the biggest change in decades to its production sharing deals — will bring billions of dollars into state coffers as the country belatedly claims an “equitable share” of its vast natural resources.

But oil industry insiders have slammed the change as an ill-planned attempt to grab the money and warn that it could prompt an exodus of investments as foreign firms turn their backs on …

NSITF Targets Informal Sector In Expansion Project

In a bid to ensure that all workers in the country are well protected and taken care of from injury, the Nigeria Social Insurance Trust Fund (NSITF) has commenced widening its net to cover workers in the informal sector.

This is even as the organization has paid over N3 billion by September 2019 as compensation to different degrees of injury including death.

Speaking at the Fund’s special day at the just concluded Lagos International Trade Fair at the weekend, the NSITF Lagos General Manager, Mrs. Olufunke Alesinloye said the Fund is already holding meetings with members of the informal sector …

Crude Oil: FG Targets To Hit 3M Bpd Before 2023 - Kyari

Crude Oil: FG Targets To Hit 3M Bpd Before 2023 – Kyari

The Federal Government says it will increase crude oil production to the national target of three million barrels per day and reserves of 40 million barrels before 2023.

Mr. Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), said this while addressing the House of Representatives Committee on Petroleum Upstream chaired by Rep. Musa Adar (Sokoto-APC) on Monday.

According to Census and Economic Information Centre (CEIC), Nigeria’s crude oil production was reported at 1,866 barrels/day in Aug. recording an increase from the previous number of 1,780 barrel/day for July.

The data reached an all-time high of 2,496 barrels/day in …

Beta Glass Targets June 2019 For Completion Of $30m Plant

Beta Glass Targets June 2019 For Completion Of $30m Plant

Beta Glass Plc has disclosed that the $30 million investment to expand its furnace capacity at its plant in Agbara, Ogun State is on schedule to be completed in June 2020.

The company said in a statement that when it becomes operational next year, the new furnace will increase the plant’s annual capacity by 35,000 tonnes and pioneer the use of the Narrow Neck Press and Blow (NNPB) Technology in West Africa.

This technology, according to the statement, will enable Beta Glass to bring lighter weight, non-returnable glass bottles to market in Nigeria for the first time.

“The new Furnace …

FIRS targets ₦750bn from 55,000 millionaire tax defaulters

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, Tuesday said the agency was targeting about N750 billion revenue from about 55,000 defaulting taxpayers.

He told the House of Representatives joint committees on Finance, Appropriations, Aids, Loans and Debt Management, Legislative Budget and Research and National Planning and Economic Development on the 2019/2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), during a budget defence session that the substitution led to recovery of N23.25 billion.

He restated that the 85 per cent of VAT collected goes to State Governments. Fowler said:“From the Bank Accounts substitution exercise,