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STREET YELLING, MEDIA TACTICS WON’T STOP PROSECUTION OF DELE FAROUNBI – AFE BABALOLA; AS POLICE BAN PUBLIC PROTESTS IN EKITI Afe Babalola, the senior advocate of Nigeria (SAN), says he took legal action against Dele Farotimi, a human rights advocate, to address the “falsity of his allegations and hold him account for his actions”.On Tuesday, operatives from the police command …

KANO GOVT HITS FG OVER SEALING OF EMIR’S PALACE The Kano State Government has fingered the Federal Government in the blockade of Kano Emir’s palace on Friday. Armed police and operatives of the Department of State Services (DSS) had blocked the entrance to the palace, creating a tense atmosphere. Reports say Emir Muhammadu Sanusi II was billed to address some …

NORTHERN LEADERS SET UP COMMITTEE TO REVIEW TINUBU’S TAX REFORM BILLS A former Kano State Governor, Senator Ibrahim Shekarau, and some elite members of the League of Northern Democrats, on Friday, announced that they have set up a technical committee to review the four tax reform bills before the National Assembly. The move was revealed in a statement issued in …

POLICE SERVICE COMMISSION APPROVES SACK OF 18 SENIOR OFFICERS, DEMOTION OF 19 OTHERS The Police Service Commission has approved the dismissal of 18 senior officers and the demotion of 19 others. The officers were sanctioned due to various acts of misconduct. Head of Press and Public Relations at the PSC, Ikechukwu Ani, disclosed this in a statement released on Friday …

NNPC BEGINS EXPORT Of PETROL TO DUBAI FROM PORT HARCOURT REFINERY The PH Refinery ships its first export of petroleum products to Dubai.The company is expected to load the cargo in the coming days onboard the Wonder Star MR1 ship, signalling the commencement of operations at the plant and the exportation of petroleum products. The ship will load 15,000 metric …

NIGERIA SPENDS $480M ON RICE IMPORTATION ANNUALLY – NEPC The Nigeria Export Promotion Council (NEPC) has revealed that Nigeria annually spent $480million on importing three tonnes of rice, describing the trend as “unacceptable.” This was disclosed by NEPC Executive Director/Chief Executive Officer, Nonye Ayeni, during a one-day technical support workshop for rice farmers and processors in Lokoja, Kogi State. Represented …

TINUBU MOVES TO BRING PEUGEOT, DUNLOP BACK TO NIGERIA President Bola Ahmed Tinubu has given marching order to Nigerian Consumer Credit Corporation (CREDICORP) to ensure return of Peugeot Automobile and Dunlop tyre to the country as Nigeria joins nations with credit facility for the purchase of brand new automobiles. Managing Director/ CEO of CREDICORP Engr. Uzoma Nwagba, confirmed Tinubu’s directive …

POLICE STOP EMIR SANUSI FROM ATTENDING FUNCTION IN BICHI Security operatives, on Friday morning, blocked the Emir Palace in Kano and prevented Emir Muhammadu Sanusi II from attending a royal event in Bichi local government area of Kano State. An online newspaper, News Point Nigeria, quoted a source in the Kano Emirate that Emir Sanusi II was scheduled to attend …

TINUBU ORDERS IMMEDIATE RELEASE OF FUNDS FOR PAYMENT OF MILITARY RETIREES’ PENSION ARREARS, OTHERS President Bola Tinubu has directed the allocation of funds to address pension arrears, salary increments, and other benefits owed to retired military personnel.Naija News reports that the President’s directive comes two days after peaceful demonstrations by military veterans at the Federal Ministry of Finance. The Minister …

TAX REFORM BILLS: 10 LARGEST TAXPAYERS IN 2024 Amidst a raging public debate about the tax reform bills that would overwhelmingly revolutionise Nigeria’s taxation framework, BusinessDay has tracked some of the largest taxpayers in 2024. This list was compiled based on the publicly available financial statements of companies listed on the Nigerian Exchange (NGX). Using the NGX-30 Index, companies with …