The House of Representatives has called on the Federal Government to review its current tax policies, particularly those on essential goods, to ease the burden on Nigerians. The House resolution followed the adoption of a motion on urgent public importance moved during Thursday’s plenary session by the member representing Anambra East/Anambra West Federal Constituency, Anambra State, Mr Peter Aniekwe. Titled …

The Federal Government has praised British independent energy company, Savannah Energy for its substantial investment in Nigeria’s energy sector, saying that it appreciates what the company is doing, and encourages the company to sustain it, according to a statement by the firm’s Communications Manager, Mr. Okwudili Onyia. During a recent visit to the Uquo Gas Central Processing Facility in Akwa …

The Federal Government, in collaboration with the National Board of Technical Education (NBTE) and the National Gas Expansion Programme (NGEP), has initiated plans to improve public knowledge of natural gas by developing a new curriculum to be taught in monotechnics and the College of Education. It also inaugurated a Technical Working Group (TWG) on Wednesday to achieve this plan. The …

The Federal Government has finalised the Executive Order to implement zero Value-Added Tax (VAT) and excise duties on pharmaceutical products and medical devices. This was disclosed in a press statement on Wednesday, signed by the Head of Information and Public Relations at the Federal Ministry of Health and Social Welfare, Alaba Balogun. On 28, June 2024, the Coordinating Minister of …

The Minister of Aviation and Aerospace Development, Festus Keyamo, has confirmed the approval of an airstrip for Canaanland, the property known to be sitting on the Living Faith Church in the Ota area of Ogun State. Founder of the Church, also known as Winners Chapel, David Oyedepo, was seen in a short video celebrating the development, telling the congregation of …

The Federal Government has approved Dangote Refinery as the exclusive supplier of jet fuel for Nigeria’s airline operators. This was disclosed by the Minister of Aviation and Aerospace Development, Festus Keyamo, during an interview with Channels TV on Tuesday. Keyamo revealed that with his approval and backing, the airline operators agreed to designate the 650,000 barrels per day refinery as …

The Federal Government has announced the provision of new tax reliefs for deep offshore oil and gas production to boost investments in the sector. It also announced that the importation of key energy products and infrastructure, including diesel, feed gas, Liquefied Petroleum Gas, Compressed Natural Gas, electric vehicles, Liquefied Natural Gas infrastructure, and clean cooking equipment would no longer require …

The House of Representatives, on Wednesday, urged the Federal Ministries of Water Resources and Environment to direct the Nigeria Hydrological Services Agency to implement measures aimed at preventing flooding across the country. The House also called on the Federal Government, through the Ministry of Water Resources and Sanitation, to begin the desilting of the nation’s major dams and rivers to …

The Ministry of Arts, Culture, and Creative Economy has successfully secured a $200 million investment from the African Export-Import Bank (Afreximbank) to enhance Nigeria’s creative industry. In a statement released on Tuesday, the ministry announced that this investment was revealed during an event titled “Destination 2030: Nigeria Everywhere” at the recent United Nations General Assembly (UNGA) in New York. The …

The National Bureau of Statistics (NBS) has stated that Nigeria recorded a reduction in petrol importation following the removal of fuel subsidy by President Bola Tinubu in May 2023. It also said the total of fuel imports reduced to 20.30 billion litres in 2023 from the 23.54 billion litres recorded in 2022, showing a decrease of 13.77 per cent year-on-year. …