A total sum of N1,143.210 billion May 2024 Federation Accounts Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the June 2024 meeting of the Federation Accounts Allocation Committee (FAAC), chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale...
Category: Business
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DATA MANAGEMENT: MINISTER CALLS FOR HARMONIZATION OF NIN AND TIN
The Minister of Interior, Dr. Olubunmi Tunji- Ojo has called for the harmonization of the National Identification Number (NIN) and the Tax Identification Number (TIN) for easier access to information to achieve more taxable income for the government. He added that activities of critical agencies such as the Joint Tax Board (JTB) and the Nigerian...
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CIS, ASHON Express Concerns over Proposed Central Bank Amendment
Stakeholders in the capital market have voiced reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7 of 2007, warning of potential adverse economic consequences. The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have raised concerns that the bill could undermine the...
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Interior Ministry Retrains Top Management Staff For Maximum Service Delivery
The Ministry of Interior is leveraging advanced technology such as biometrics, artificial intelligence, and advanced surveillance systems, to enhance security and operational efficiency across its various departments and agencies. This initiative includes the integration of digital tools and platforms to streamline administrative processes, improve data management, and facilitate real-time intelligence sharing among security agencies. During...
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FG UNDERSCORES PRIVATE SECURITY INDUSTRY’S ROLE IN NATIONAL SECURITY, PUSHES FOR REFORM
The necessity for extensive reforms has been emphasized by the Honorable Minister of Interior, Dr. Olubunmi Tunji-Ojo, who has emphasized the vital role that the private security sector plays within Nigeria’s national security framework. Speaking at the Nigerian Private Security Guards Industry Stakeholders Consultative Meeting on Tuesday, May 21, 2024, in Abuja, Dr. Tunji-Ojo stated...
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FG UNDERSCORE PRIVATE SECURITY INDUSTRY’S ROLE IN NATIONAL SECURITY, PUSHES FOR REFORM
The necessity for extensive reforms has been emphasized by the Honorable Minister of Interior, Dr. Olubunmi Tunji-Ojo, who has emphasized the vital role that the private security sector plays within Nigeria’s national security framework. Speaking at the Nigerian Private Security Guards Industry Stakeholders Consultative Meeting on Tuesday, May 21, 2024, in Abuja, Dr. Tunji-Ojo stated...
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DIGITAL TRANSFORMATION, PIVOTAL TO NATIONAL DEVELOPMENT, NITDA.
The National Information Technology Development Agency (NITDA), in its ongoing endeavor to establish Nigeria as a globally renowned center of technology and innovation to promote economic diversification and increase productivity in all areas, is prepared to work with pertinent organizations to efficiently cascade the advantages of digital technology to each and every local government in...
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SOLID MINERALS: ESSENTIAL FOR AN ECONOMIC DIVERSIFICATION -MINISTRY RECEIVES DELEGATION FROM GHANA COLLEGE OF DEFENCE STUDIES
In order to achieve rapid socio-ecocomic growth, the Federal Government has reaffirmed its unwavering resolve to diversify the economy through the efficient and effective exploration and exploitation of its solid mineral resources. Accepting, on behalf of, an 18-person delegation from the Ghana College of Defence Studies, headed by Brigadier-General Fred NtiriThe guests were told by...
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Dangote Cement, Kogi Govt, Strengthen Ties
The Government of Kogi State and the Dangote Cement Plc, Obajana Plant are fortifying their nexus in the interest of the people of the state and Nigeria. Both parties said they were nurturing and strengthening existing communication channels through concerted efforts and mutual exchanges. Speaking during a familiarization visit to the Dangote Cement Plc, Obajana...
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MNDD Partners EU … to deepen engagement in Niger Delta Region
In pursuance of the Ministry’s mandate and within the context of Evolving National Development, Policies and Programs, the Ministry of Niger Delta Development (MNDD) is exploring partnership opportunity with the European Union (EU) to deepen its engagement in the Niger Delta Region.The Permanent Secretary, Ministry of Niger Delta Development, Dr. Shuaib Belgore OON made this...