Economic Reforms Stabilising Nigeria – Tinubu Promises Federal Support for Ogbomoso Development Projects No Nigerian Student Should Drop Out Due to Poverty President Bola Tinubu on Tuesday declared that his administration’s economic reforms are stabilising the country and restoring Nigeria’s place of pride on the global stage, Eko Hot Blog reports. “The bleeding has stopped. … Read more
Governors elected under the All Progressives Congress (APC) are set to meet with members of the National Assembly to address concerns over contentious tax reform bills. The planned meeting follows a Wednesday night session with President Bola Tinubu, key cabinet members, and Speaker of the House of Representatives Tajudeen Abbas. Discussions centered on the tax … Read more
Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), has refuted claims that the federal government intends to impose new taxes or increase existing tax rates for Nigerians. During a session with the Senate Committee on Finance, chaired by Senator Mohammed Sani Musa, Adedeji clarified that the tax reform bills submitted to … Read more
To enhance the ease of doing business, the Federal Inland Revenue Service (FIRS) launched an Unstructured Supplementary Service Data (USSD) Code, *829#, on Wednesday. The code aims to improve taxpayer satisfaction. FIRS Chairman Zacch Adedeji introduced the code at the Revenue House in Abuja as part of this year’s Customer Service Week, themed “Above and … Read more
The Nigerian National Petroleum Company Limited (NNPC) has yet to begin the planned supply of crude oil in naira to the Dangote Petroleum Refinery, which was scheduled to start on October 1, 2024, as of Thursday, October 3. EDITOR’S PICKS Health, Planning Ministries Partner with AfDB on Sustainable System Project Shamim Ahmed: Student Ally of … Read more
The Federal Government has commended the beginning of petroleum product lifting from the Dangote Petroleum Refinery and Petrochemicals, describing it as a significant step towards national industrialisation and self-sufficiency in refining. The Head of Communications, Dangote Group, Mr Anthony Chiejina, in a statement said that trucks from the Nigerian National Petroleum Corporation Ltd, NNPCL, had … Read more
Assuming no unforeseen circumstances, Dangote Refinery is expected to make its first delivery of refined premium motor spirit, pms, to the Nigerian market by September 2024. The Federal Government has also announced that sales of crude oil to Dangote and other local refineries will begin on October 1, 2024. To address concerns about pump prices … Read more
The 650,000-barrel-per-day Dangote refinery has begun test runs for Premium Motor Spirit (PMS) production, with full operation expected by mid-September. The $20bn refinery built by Aliko Dangote which has so far only produced diesel and other distillate fuels, had earlier said that petrol deliveries from the refinery would start in July. Before that, the refinery … Read more
EKO HOT BLOG reports that the Nigerian government aims to save $7.32 billion annually following President Bola Tinubu’s directive that the Nigerian National Petroleum Company Limited (NNPC) sell crude oil to local refineries in Naira. This announcement, made by Zacch Adedeji, Special Adviser on Revenue, came after the Federal Executive Council (FEC) meeting chaired by … Read more
We are in a time of pronounced change of thinking in a positive direction in Nigeria after decades of misadventures. To support this change, we must focus on the key policies and drivers of reform in order to assist them in their endeavours. EDITOR’S PICKS ‘Death’ Of Olu Jacob Trends On Social Media Borno: Police … Read more
By abiodun KOMOLAFE There is nothing wrong with a very big dream. What is wrong is not having a dream at all. But with a dream, there’s also the possibility of a deluge of hindrances to its actualization. So, dreamers don’t go to the office to sleep. They go to the office to work. Actually, … Read more
Eko Hot Blog reports that Zacch Adedeji, special adviser to President Bola Tinubu on revenue, has been appointed acting chairman of the Federal Inland Revenue Service (FIRS). Editor’s Picks International Rescue Committee Calls For Urgent Global Aid For Libya Derna Deputy Mayor: Infrastructure Not Built To Withstand Devastating Floods Hope In Disaster Uniting Rival Governments … Read more