The Presidency has emphasized that Nigeria’s economic significance and population size position the country as a strong candidate for admission into the G20 economic group. In a statement released on Monday, the Presidency highlighted that President Bola Tinubu’s participation in the G20 Summit in Brazil serves as an opportunity to advocate for Nigeria’s inclusion in … Read more
Finance Minister and Coordinating Minister of the Economy, Wale Edun, has dismissed rumours of an imminent increase in the Value-Added Tax (VAT) rate from 7.5% to 10%. In a statement released on Monday, Edun clarified that the VAT rate remains firmly at 7.5%, as stipulated by Nigerian tax laws. EDITOR’S PICKS School Proprietress Allegedly Killed, … Read more
Stakeholder Engagement to Address Industry Challenges Focus on Emerging Trends and Policy Frameworks Fostering Partnerships for Sustainable Growth Eko Hot Blog reports that, in a proactive move, the Lagos State Ministry of Tourism, Arts, and Culture is poised to engage stakeholders in the hospitality sector. The initiative aims to address current industry challenges, explore emerging … Read more
Residents cautioned against environmental degradation LASEPA conducted 367 enforcement operations in three months Air quality concerns prompt call for eco-friendly practices Eko Hot Blog reports that the Lagos State Government has sternly warned residents against engaging in unhealthy environmental practices that could undermine efforts to protect the environment. Furthermore, the State has empowered its agencies … Read more
Shettima Leaves Nigeria, Heads To Nairobi For Summit On African Development. Summit advocates for substantial IDA21 replenishment to accelerate African development. African leaders prioritize human capital, job creation, energy access, climate resilience in IDA’s funding cycle. EKO HOT BLOG reports that Vice President Kashim Shettima has embarked on a journey to Nairobi, the capital of Kenya, … Read more
EKO HOT BLOG reports that a bill proposing the establishment of a Federal University of Technology and Environmental Sciences in Iyin-Ekiti Kingdom, Ekiti State, has been approved by the Senate. The aim of the university, the lawmakers said, is to produce world-class technologists and human resources capable of sustainably managing the country’s economy. The bill … Read more