Tinubu’s Tax Reform Bills: The Key Things You Should Know

On Thursday, Tinubu’s proposed tax reform bills made significant progress, successfully passing their Second Reading in the Senate despite some lawmakers’ objections. Senate Leader Michael Opeyemi Bamidele, who led the debate on the Executive Bill, characterized the legislation as a crucial step towards overhauling Nigeria’s tax system. He stated, “These bills are designed to simplify…

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Group Criticizes Government Agencies’ Alliance with Tobacco Industry

Corporate Accountability and Public Participation Africa (CAPPA) has raised concerns about the growing and inappropriate relationships between government officials and the tobacco industry. During a press conference in Abuja on Wednesday, Executive Director Oluwafemi Akinbode called for stricter penalties for violations of smoking regulations to protect the health of all Nigerians. Akinbode pointed out that…

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Dangote Refinery Lowers PMS Price

Nigeria’s Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) for marketers, bringing it down to N970 per litre. Anthony Chiejina, spokesperson for Dangote Group, shared this update in a statement on Sunday. The refinery, which has a capacity of 650,000 barrels per day, has decreased the petrol price by…

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FG Encourages Investment in Nigeria’s $2 Billion Sugar Industry

The federal government is urging both local and international investors to explore opportunities in Nigeria’s sugar market, which is valued at approximately $2 billion. Kamar Bakrin, the Executive Secretary and CEO of the National Sugar Development Council (NSDC), emphasized that Nigeria’s annual sugar consumption ranges from 1.4 to 1.6 million metric tonnes. Bakrin stated that…

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