[WATCH] We did not increase taxes in Enugu – Nnamani, Enugu Internal Revenue Service Chairman

Emmanuel Ekene Nnamani

Chetanne Chinelo, Enugu The Executive Chairman of Enugu State Internal Revenue Service, Mr. Emmanuel Ekene Nnamani has stated that contrary to speculations, the Enugu State government did not increase taxes in the state but simply used a “penetration methodology” to collect taxes in the informal sector.  Nnamani who spoke to Pacesetter during an interview explained … [Read more…]

Intercity bus fares in Nigeria soar by 78.31% year-on-year in April 2024 – NBS

The average fare paid by commuters for intercity bus journeys in Nigeria surged by 78.31% year-on-year to N7,122.57 in April 2024, up from N3,994.51 in April 2023.  This data, sourced from the National Bureau of Statistics (NBS) Transport Fare Watch for April 2024, highlights the significant increase in transportation costs over the past year.   The … [Read more…]

Fed Gov’t offers N1 billion loan to large businesses at 9% interest rate – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the federal government is providing up to N1 billion in credit facilities to large enterprises, including manufacturers, at a 9% interest rate. The Minister made this statement during an interview on Channel TV on Sunday on the state of the … [Read more…]

NLC declares strike continues pending review meeting

The Nigeria Labour Congress (NLC) has disclosed that the ongoing nationwide strike will continue despite the agreement signed with the Federal Government at Monday’s meeting. Activities of most businesses, airports, schools, banks and others, especially public institutions, were grounded on Monday, following the nationwide strike actions by the labour. However, the congress, in a post … [Read more…]

Holy Ghost Modern Bus Terminal: Enugu Gov’t Begins Disbursement of 2nd Batch of Compensation

…As Nigerian Railway extols Gov Mbah as a man of his words The Enugu State government has begun the disbursement of the second batch of compensation to the property owners and tenants of the Nigeria Railway Corporation, NRC, affected by the soon to be commenced construction of modern transport terminal at Holy Ghost, Enugu, according … [Read more…]

Blackout as workers shut down power grid over strike by Organised Labour

The Transmission Company of Nigeria has announced the complete shutdown of Nigeria’s power grid by labour unions as the strike by the Nigeria Labour Congress and Trade Union Congress begins. NLC and TUC commenced a nationwide industrial action on Monday in protest against the N60,000 minimum wage proposal of the Federal Government. Announcing the shutdown … [Read more…]

Press Statement: Otti debunks statement credited to him implying support for sit-at-home enforcers

The attention of the Abia State Government has been drawn to a widely circulating statement purportedly made by His Excellency, Dr. Alex Chioma Otti, OFR, the Governor of Abia State on the order allegedly issued by the Indigenous People of Biafra (IPOB) for a Sit-At-Home protest on May 30th, 2024. In the statement, His Excellency … [Read more…]