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…]
The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have agreed to suspend the ongoing strike over disagreement on a new national minimum wage with the Federal Government for one week. A source attending the ongoing NEC meeting in Abuja confirmed this to our correspondent. “A joint NEC meeting of TUC/NLC has approved to … [Read more…]
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…]
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…]
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…]
…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…]
Distinguished Colleagues, My attention has been drawn to a notice issued by a group that calls itself “NBA Decides” announcing the conduct of an election poll in respect of our forthcoming NBA elections. May I inform all our members that the NBA is not conducting any such polls, neither has it given mandate to any … [Read more…]
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the federal government has settled a swooping N7.3 trillion in ways and means advances to the Central Bank. Edun made this statement during an interview with Channels TV on Sunday in Abuja. The Minister stated that the country is no … [Read more…]
…Mbah is working, no more BP over water – Chime …Your works speak for you – Nwobodo Prominent leaders of Enugu State have commended Governor Peter Mbah over what they described as his tremendous impact, saying with what the governor had done in just one year, Enugu would become the number one destination for investment, … [Read more…]
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…]
The Federal Inland Revenue Service (FIRS) has failed to reach the approved target for the 2024 budget of N9.96 trillion, with a monthly average of N829.97 billion from oil taxes. Based on the approved 2024 budget, FIRS is meant to have collected N3.32 trillion in oil taxes between January and April this year but the … [Read more…]
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…]