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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 …

29 STATES SPENT N2TRN ON TRAVELS IN 2024 A total of 29 state governors spent N1.994tn on recurrent expenditures, including refreshments, sitting allowances, travelling, and utilities in the first nine months of 2024, findings by have shown. It was also gathered that the states obtained a N533.29bn loan, while it spent N658.93bn to service its debts owed to local, foreign, …

INSIDE STORY OF GENDER BASED VIOLENCE (GBV) VICTIMS November 15 was a black Friday for 14-year-old Temitope (not real name) who was ‘gang raped’ by her 17-year-old boyfriend, Matthew Omotayo, alongside his seven other friends in Ijebu East Local Government Area of Ogun State. Temitope, a student of St. Anthony Grammar School, Esure, Ijebu-Mushin, was lured to a secluded room …

REPS MOVE TO to STOP MULTIPLE BUDGETS The House of Representatives has introduced two bills aimed at addressing budget presentation delays by the president and governors.They also seek to limit the number of supplementary budgets passed annually to bridge funding gap.The bills, sighted by our reporters, are under review by the House Ad-hoc Committee on Constitution Review, chaired by Deputy …

EFCC COVERS UP N7B FRAUD AT NIGERIAN AVIATION AUTHORITY AS INDICTED OFFICIALS ENJOY PROMOTION, OTHER BENEFITS The Nigerian Civil Aviation Authority (NCAA) and the Economic and Financial Crimes Commission (EFCC) appear to have swept under the carpet the missing Duty Tour Allowance put at N7billion involving top NCAA officials since March 2023. Impeccable sources at the NCAA on Thursday revealed …

BUCKINGHAM VARSITY VC SUSPENDED OVER NIGERIAN WIFE’S ALLEGATION OF ILLICIT AFFAIR A Nigerian entrepreneur, Cynthia Tooley, has emerged as a central figure in the suspension of the University of Buckingham Vice Chancellor, Professor James Tooley, over allegations of a controversial overseas relationship. Tooley, who denies the allegations, was suspended from his £229,000-a-year role in October following accusations linked to a …

PDP LEADERS TO MEET WIKE OVER PARTY CRISIS The Board of Trustees (BoT) of the Peoples Democratic Party (PDP), has announced plans to meet with the Minister of the Federal Capital Territory (FCT), Nyesom Wike. The party leaders have scheduled the meeting for January 2025. PDP BoT Chairman, Senator Adolphus Wabara, made the disclosure during an emergency meeting held in …

THE CONTROVERSY OVER TAX REFORM BILLS, BY BOLAJI ADEBIYI The ongoing controversy over the tax reform bills shows democracy is maturing in the country, writes Bolaji Adebiyi One major takeaway from the ongoing controversy over the tax reform bills is that Nigeria’s democracy is maturing. Although the debates initially evoked ethnic and regional emotions, the contestations have gradually moved towards …