The Federal Government is targeting a $500m loan from the World Bank to tackle inadequate human resource issues in the country’s education and healthcare systems. The loan is anticipated to gain final approval from the World Bank on September 26, 2024. The Ministry of Budget and Economic Planning, along with the Ministries of Education and…
The National Assembly is moving to reinstate a 5% excise duty on telecommunications and betting services in Nigeria, despite the previous exemption granted to the telecom sector by former President Muhammadu Buhari. The initiative is outlined in an executive bill titled the “Nigeria Tax Bill 2024,” which seeks to reintroduce the excise duty. According to…
Amid the controversial calls to scrap the Economic and Financial Crimes Commission (EFCC), human rights lawyer, Femi Falana, has said that the anti-graft agency and other such institutions in the country have come to stay. The SAN said rather than challenging the legality of EFCC, what should be demanded are measures to ensure that the…
The Nigerian Army has debunked reports circulating that the Chief of Army Staff (COAS), Lt. Gen. Taoreed Lagbaja, has died. Several online reports, originating from a social media post by one Jackson Ude announcing the death of the Army chief, had gone viral. Ude claimed that Lagbaja had died of cancer 48 hours ago but…
