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The Independent Petroleum Marketers Association, Enugu Depot, has warned that it will be forced to shut down the sale of fuel in Anambra State within the next two weeks over attacks on members. The association accused Governor Chukwuma Soludo’s administration of overtaxing its members, clamping down on their businesses, and arresting them. IPMAN Chairman, Chinedu
In a bid to accumulate tax returns, Bola Ahmed Tinubu has issued a directive mandating all self-funded agencies, including the Nigeria Civil Aviation Authority (NCAA), to remit 50% of their revenue to the Federal Government. This directive challenges the autonomy of the NCAA and violates the Civil Aviation Act that established it as a self-sufficient entity, which
The hardship in the land which shows no sympathy to any tribe, religion or political party has driven the people of Kwara state to the palace of their Emir in Protest. They protestants were heard shouting….. “Ebim n pami” (i am hungry)…There’s hunger in the state. READ ALSO : Peter Obi reacts to Reopening
The presidential candidate of the Labour Party (LP) in the 2023 election, His Excellency, Peter Obi, has maintained that public funds should be used for public good. Obi, who said this while receiving The Sun Political Icon of the Year award, informed that he was dedicating the honour to all the suffering Nigerians who did not know
His Excellency, Peter Gregory Onwubuasi Obi has reacted to the recent lockdown of a supermarket 🛒 in Abuja. See all he said below : “I have just read the reports of the reopening of Sahad Stores, Abuja, which was earlier closed by the Federal Consumer Competition and Protection Commission (FCCPC) on Friday. I thank the Commission for
Foreign capital inflow into Nigeria dipped by 26.4% to $3.9 billion in 2023, plunging to a 17-year low since 2007 when capital importation stood at $5.3 billion. The latest data released by the National Bureau of Statistics (NBS) showed that foreign portfolio investment (FPI) in 2023 was $1.15 billion, indicating 29.5 percent of the $3.91
The federal goverment sealing off the popular Sahad Stores for alleged hoarding of food, is signaling to Foreign Investors that Nigeria is hostile to any kind of Free Enterprise. Sealing off the essential commodity stores is signaling to the business community that the APC have reached the end of their wits. They are now completely
The Nigeria Labour Congress, NLC, on Friday, directed its members and affiliate unions to begin mobilisation for a two-day national protest expected to take place on February 27 and 28 if the federal government failed to implement all the agreements signed with it in October 2023. The two-day national protest will take place at the
Nigeria’s petrol subolabsidy has returned and is now bigger than the amount being paid before Bola Ahmed Tinubu stopped the supposedly costly practice last May. BusinessDay’s analysis has revealed that the country is paying about N907.5 billion subsidy on premium motor spirit (PMS) popularly known as petrol monthly as the country’s foreign exchange crisis pushed
The banks, their Executives in connivance with the politicians, destroyed this country. If Nigeria is the cesspool of financial corruption, the banks, especially the top hierarchies, are the major criminals and culprits and check them all out. They are all billionaires as key facilitators of all the financial crimes and financial corruption of this nation