Tag: FG
Supreme Court to Announce Verdict on Local Government Autonomy Case
Abuja, Nigeria – The Supreme Court is set to announce its decision on a significant lawsuit seeking full autonomy for the country’s 774 local governments on Thursday, July 11. The case, labeled SC/CV/343/2024, was initiated by the federal government against all 36 states of the federation. The lawsuit aims to secure complete independence for local…
Nigerian Government Condemns Daily Trust for Spreading Fake and Divisive News
Abuja, Nigeria – The Federal Government has sharply criticized Daily Trust for what it describes as a series of fake, divisive, and inflammatory reports. This condemnation was voiced by the Minister of Information and National Orientation, Mohammed Idris, during a press conference held on Saturday, July 6, 2024, at the National Press Centre in Abuja….
Breaking News: A Simplified and Business-Friendly Withholding Tax Regime Approved
Background Withholding tax, introduced into Nigeria’s tax system in 1977, was initially designed to serve as an advance payment of income tax on specified transactions. It aimed to provide the government with a steady revenue stream and curb tax evasion. However, over time, the regime expanded to cover more transactions, resulting in ambiguities and complications…
Pi-CNG Announces 50% Cost Reduction for Converting Petrol-Powered Vehicles to CNG
The Presidential Initiative on Compressed Natural Gas (Pi-CNG) has announced a 50 percent reduction in the cost of converting petrol-powered vehicles to compressed natural gas (CNG). This move is part of the Federal Government’s efforts to promote a more cost-effective and sustainable transportation system across Nigeria. Michael Oluwagbemi, the Programme Director, revealed this initiative as…
Federal Government Cancels Road Expansion Contracts for Obajana-Benin Highway
In a decisive move, the federal government has terminated road expansion contracts awarded to Mothercat Ltd, Dantata & Sawoe Construction Ltd, and Reynolds Construction Company (RCC) Ltd for specific sections of the Obajana-Benin highway. This action was taken due to significant project delays and the contractors’ failure to meet performance expectations. The contracts in question—6136…
The court rules in favor of the Federal Government, dismissing Nnamdi Kanu’s N1 billion lawsuit.
A federal high court in Abuja has rejected a legal action brought forth by Nnamdi Kanu, who leads the banned Indigenous People of Biafra (IPOB), against the federal government and Department of State Services (DSS). In a ruling issued on Monday, Judge James Omotosho stated that Kanu did not present convincing evidence to support his…
Federal Government Pushes for Local Government Autonomy: Hearings Begin Today
Abuja, Nigeria — June 13, 2024 — The Federal Government of Nigeria is set to commence a significant push for local government autonomy, with hearings beginning today. This initiative, championed by President Bola Ahmed Tinubu, aims to strengthen the local government system and ensure more effective and autonomous local governance across the country. The Federal…
President Tinubu Announces Draft Legislation for Unified Minimum Wage in Nationwide Broadcast
Abuja, Nigeria — June 10, 2024 — In a nationwide broadcast commemorating the 25th anniversary of Nigeria’s democracy, President Bola Ahmed Tinubu announced that his administration is finalizing a draft legislation for a unified minimum wage. The bill will be presented to the National Assembly for approval in the near future. During his address, President…
FAAC Distributes N1.143 Trillion Among Federal, State, and Local Governments in May 2024
— In a recent financial update, a total of N1.143 trillion from the Federation Accounts Revenue has been allocated to the Federal Government, States, and Local Government Councils for the month of May 2024. This was disclosed in a press release by Bawa Mokwa, Director of Press and Public Relations at the Office of the…
NLC President Ajaero Clarifies Position on Minimum Wage Dispute, Rules Out Immediate Strike
June 10, 2024 — The Nigeria Labour Congress (NLC) has announced that there will be no strike action scheduled for Tuesday in the ongoing pursuit of a revised national minimum wage. This announcement was made by NLC President Joe Ajaero during the International Labour Conference currently taking place in Geneva, Switzerland. “We cannot declare a…