The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), as part of its latest fiscal reforms. This was revealed by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, via a post on X (formerly Twitter) on Friday. The exemptions are outlined in the official…
President Bola Tinubu may bar revenue-generating agencies from collecting revenues on behalf of the Federal Government as he plans to introduce a single agency – Nigeria Revenue Service – to handle the task. This came as the Federal Government instituted a comprehensive set of fresh tax reforms aimed at significantly boosting revenue collection. The reforms,…
Nigeria’s President, Bola Tibubu has written to the National Assembly seeking lawmakers’ consideration for the quick passage of four tax bills. The president in his letter which was read on the floor of the plenary by the Speaker of the House of Representatives, Tajudeen Abbas, said that the proposed tax bills have been designed in…
President Bola Ahmed Tinubu is set to depart Abuja today for a two-week vacation in the United Kingdom, as part of his annual leave. This was contained in a statement issued on Wednesday, October 2, by the special adviser to the President on Information and Strategy, Bayo Onananuga. During his time abroad, the president will…
President Bola Tinubu has conferred prestigious national awards on Senate President Godswill Akpabio, Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun and Speaker of the House of Representatives, Tajudeen Abbas. The announcement was made during his Independence Day broadcast on Tuesday. Tinubu said in recognition of their contributions to the nation, Akpabio and Justice Kekere-Ekun, were…
President Bola Tinubu has announced that his administration will convoke a National Youth Conference with a view to galvanising the creative energy of younger Nigerians towards a better future. Tinubu said this in his Independence Day nationwide broadcast which he made on Tuesday morning. The President said the confab which would hold for 30 days…
Fellow Nigerians, as I address you today, I am deeply aware of the struggles many of you face in these challenging times. Our administration knows that many of you struggle with rising living costs and the search for meaningful employment. I want to assure you that your voices are heard. As your President, I…
GISTSMATE MEDIA reports that President Bola Ahmed Tinubu has appointed Mr. Joseph Olasunkanmi Tegbe as director-general and global liaison for the Nigeria-China strategic partnership reached by the two countries during the President’s visit in early September. Tegbe, an Oyo People Democratic Party (PDP) Senatorial Candidate During 2023 general election will report directly to the President….
President Bola Ahmed Tinubu has nominated members for the inaugural Governing Board of the North West Development Commission (NWDC). The names have been forwarded to the Senate for confirmation. Bayo Onanuga, Special Adviser to the President (Information & Strategy), announced the nominations on Friday. The development follows the President’s signing of the North West Development…
President Bola Ahmed Tinubu has approved the appointment of seven executive directors for the Nigerian Television Authority (NTA). GISTSMATE MEDIA reports that this was made known in a statement released on Friday signed by the President’s Special Adviser on Information and Strategy, Bayo Onanuga. They are: 1. Ayo Adewuyi — Reappointed Executive Director, News. 2….