Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has clarified that the new tax law is intended to support rather than harm the aviation industry. His clarification follows a recent claim by the Chief Executive Officer of Air Peace, Allen Onyema, that the reform will hurt the industry. Contrary to misconceptions, …
The Special Adviser on Media to Oyo State Governor, Dr Sulaimon Olanrewaju, has rejected claims by former Ekiti State Governor Ayodele Fayose that Governor Seyi Makinde received N50 billion from the Federal Government, describing the allegation as misleading. Olanrewaju also dismissed suggestions that the governor deliberately kept silent over the alleged funds in order to …
The Dangote Cement Plc said it has tripled its scholarship fund for its host communities in Gboko, Benue State, awarding over ₦28 million. The company's Plant Director, Gboko Plant, Abhijit Dutta, who was represented by the Head of the Finance Department, Olusegun Orebanjo, said at the presentation of the cheque in Gboko. “This year’s scholarship …
The Nigerian government has reaffirmed its commitment to the implementation of the new tax laws, which will take effect on January 1, 2026, despite concerns raised by the House of Representatives over alleged discrepancies between the gazetted versions and those passed by lawmakers. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax …
Nigeria’s electricity generation has received a significant boost following the repair and restoration of the vandalised Lagos–Escravos gas supply pipeline, a development that has been welcomed by the Nigerian Independent System Operator (NISO). In a statement released on Friday, NISO confirmed that the restoration efforts have led to improved gas supply to key thermal power …
Famous Nigerian musician Innocent Idibia, popularly known as 2Baba, has publicly confessed that he has stopped impregnating women outside his relationships. The revelation came during the MC EdoPikin Undiluted with StarBoy and Legends show in Benin City, where 2Baba spoke before his performance. “I get confession. I make this confession everywhere I go now to …
Former Barcelona winger Emmanuel Amunike has backed Nigeria to win the 2025 Africa Cup of Nations in Morocco, highlighting striker Victor Osimhen as the key leader for the Super Eagles. The 55-year-old Amunike, who played a pivotal role in Nigeria’s 1994 AFCON-winning team, believes that Osimhen’s leadership qualities will be crucial in the quest for …
About 150 passengers were stranded on Friday after a ground handling accident disrupted Air Peace operations at the Murtala Muhammed International Airport (MMIA), Lagos. The incident involved a newly acquired Embraer 195-E2 aircraft operated by Air Peace. The aircraft, with registration number 5N-BYH, was scheduled to operate Flight P47750 from Lagos to Accra. A luggage …
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to prioritise domestic refining in line with the Nigeria-First Policy agenda. The Centre made the call in a statement issued by its Chief Executive Officer, Muda Yusuf, on Thursday, December 25. “The NMDPRA must …
Not less than 12 persons sustained various degrees of injuries in the fire incident that razed a 22-storey building on Lagos Island on Christmas Eve. In a statement released on December 25, the director general of LASEMA, Damilola Oke-Osanyintolu, said seven adult males sustained various degrees of burn injuries and received medical attention from the …
