Nigerian politics is described by observers and analysts as politics without ideology. The only prevalent ideological front seems to be ethnicity and tribalism. With over one hundred years of nationhood and about sixty years of independent and self-rule from the imperialist Britain Nigerian politics is still steeped in crisis and instability occasioned by adverse socio-political environment and the inability of the politicians to rise beyond petty differences and the limitations imposed by religion and regional sentiments. Nationalism and patriotism seem to be an aberration in the polity as true nationalists and statesmen are scoffed at while ethnic jingoists are hailed…
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The Nigeria Extractive Industries Transparency Initiatives (NEITI) has projected that monies accruing to Nigeria’s federal purse for sharing between the federating units may pick up in the second half of 2020. NEITI stated this in the latest edition of its quarterly review on the federation account. It explained that Nigeria has responded quickly to make adjustments in a number of areas to cope with the effects of the COVID-19 pandemic, and as such, the federation’s earnings could pick up. It equally noted that gradual rise in oil prices could contribute to the rebound in earnings, adding that it expects a…
Despite the presence of the third tier of government in Cross River State, the Senator Ben Ayade’s led administration still operates and controls a Joint Account with the 18 local government areas in the state. A document sighted showed that nearly a 100 days after they were sworn in, the State has withdrawn another NGN1.2bln to procure vehicles for the 18 Chairmen, 18 Vice Chairmen and 196 Councilors. Not a few council bosses had thought they would have access to their allocations and be able to deploy resources to development. When this did not happen, they tried to protest but…
The Ekiti State Governor, Dr. Kayode Fayemi, has announced September 21 as date for the reopening of primary and secondary schools in the state, ending months of school closure occasioned by the COVID-19 pandemic. Dr. Fayemi disclosed this in a statewide broadcast on Sunday. He also directed that tertiary institutions in the state be opened to students from October 2, subject to each institution’s Governing Council decision and strict adherence to safety protocols to curb the spread of COVID-19. The Governor stressed that the authorities of the tertiary institutions are to liaise with the Ekiti State COVID-19 Task Force for…
The Lagos Waste Management Authority has established an academy to provide quality education, proper engagement and adequate sensitisation in helping people to make informed and strategic decisions about waste management in the State. The LAWMA Academy, which is first of its kind by any waste management authority in Nigeria, would provide knowledge hub for credible hands on tutelage and certification in solid waste management. LAWMA Academy is an educational arm that engages innovative approach to support corporate and personal development and drive social responsibility among citizens. The Academy renders several programmes and services with the goal to improve waste literacy…
The Tax Appeal Tribunal (TAT or the Tribunal), on 10 September 2020, in the case between Essay Holdings Limited (Essay or the Company) and the Federal Inland Revenue Service (FIRS), ruled that rent is not subject to Value Added Tax (VAT). Prior to the amendment of the VAT Act by the Finance Act 2019, supply of goods was defined as “any transaction where the whole property in the goods is transferred or where the agreement expressly contemplates that this will happen and in particular includes the sale and delivery of taxable goods or services used outside the business, the letting out of taxable goods…
New NBA Announces 4 Committees For Membership Registration, Constitution Drafting, Publicity, And State Conveners. The New Nigerian Bar Association (NNBA) has constituted 4 Committees and made appointments into the committees. This was contained in a statement sighted dated 9th September, 2020 signed by the Conveners, Nuhu Ibrahim and Abdulbasit Suleiman. The Committees are: Constitution Drafting Committee, Publicity Committee, Membership Registration Committee and States Conveners Committee “Whilst we look forward to the appointed persons diligently bringing their best endeavors in the discharge of their various mandates, please, accept the Association’s warmest regarding.” the statement reads in part Members of Constitution Drafting…
The Nigerian National Petroleum Corporation (NNPC)says it will soon begin activation of Compressed Natural Gas (CNG) refill stations for motorists across the country. The corporation disclosed this in a statement by the Group General Manager Public Affairs Division, Dr Kennie Obateru, in Abuja, on Sunday. The CNG (methane stored at high pressure) is a fuel that can be used in place of gasoline, diesel fuel and liquefied petroleum gas (LPG) and its combustion produces fewer undesirable gases than the aforementioned fuels. It was reported that the deregulation of the oil downstream had triggered increase in the price of Premium Motor…
PRESS RELEASE RE: Senator Rochas Okorocha & Not Gov. Hope Uzodinma, Founded, Got The Licenses & Approval, For the Take-Off of The University of Agriculture & Environmental Sciences, And 3 Others. WITH THE VC APPOINTED & THE GOVERNING COUNCIL, CONSTITUTED The Imo State Governor, Senator Hope Uzodinma must have been misquoted by his media aides over their reported claim, on the approval, for the take-off of the University of Agriculture and Environmental Sciences, Umuagwo. A Press Release on that, by the governor’s media disciples, said that, the NUC “has approved the take-off of the Imo State University of Agriculture &…
Nigeria’s highest external debt stock to a multilateral or bilateral financial institution is its $10.46bn (N3.965tn at the official rate of N379/$) indebtedness to the World Bank Group, latest figures from the Debt Management Office have shown. An analysis of the country’s external debt stock as of June 30, 2020 showed that Nigeria’s indebtedness to the International Development Association and the International Bank for Reconstruction and Development were $10.05bn and $409.51m respectively. The International Bank for Reconstruction and Development and the International Development Association are both organisations of the World Bank Group. Other organisations of the multilateral financial institution include…
