The federal executive council has approved two executive orders and five amendment bills to remove value-added tax on residential properties and amend the company income tax law. While briefing state house correspondents on Wednesday, Kemi Adeosun, the minister of finance, said the amendments will reduce the tax burden on Nigeria and boost ease of doing business. Reports show that the ...
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Ondo State Government approves N11.29b for infrastructural development
Ondo State Government has approved the sum of N11.29b for infrastructural projects across the three Senatorial Districts of the state. The development was part of the government unbridled desire and commitment to building Infrastructure and providing enabling environment for investment to thrive in the state. The State Commissioner for Education, Science and Technology, Pastor Femi Agagu who doubles as the ...
Read More »Siblings fight shamelessly over deceased father’s Estate
A Lagos High Court sitting in Igbosere on Thursday, May 31 ruled that it cannot make any pronouncement on the 3rd Codicil an Irrevocable Power of Attorney, whose validity, as pleaded by the Defendants, is being challenged by the Claimants in the matter of the estate of Alhaji Kasali Olaleye (Deceased). Presided over by Justice Morenike Obadina, the court gave ...
Read More »48-year-old man threatens brother’s life over land dispute
LAND DISPUTE – A 48-year-old man known as Oluwole Ogunfeyimi, was on Wednesday brought before an Okitipupa Magistrates’ Court in Ondo State over alleged threat to life and damage of his brother’s property worth N450,000. The accused who stays at No. 56, Akosile St., in Okitipupa, was arraigned before Magistrate Banji Ayeomoni on a three-count charge of threat to life, ...
Read More »Windstorm destroys properties worth millions of naira in Jigawa
A windstorm has destroyed 1,536 rooms and properties worth millions of naira in some communities in four local government areas of Jigawa. Alhaji Sani Yusuf, the Executive Secretary, Jigawa State Emergency Management Agency, made this known in Dutse on Wednesday. Yusuf said the disaster, which occurred between May 3 and June 6, affected 833 people in 12 villages in Babura, ...
Read More »Niger Delta: Shell shows displeasure over attacks on oil infrastructure
Niger Delta – In the African country of Nigeria, oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output. “Security in parts of the Niger Delta remains a major concern with persisting incidents of criminality, kidnapping and vandalism as well as onshore and offshore piracy,” said Igo Weli, general manager ...
Read More »Akwa Ibom governor renovates 346 schools
Governor Udom Emmanuel of Akwa Ibom has renovated over 346 public primary and secondary schools across the state in the last three years. The Special Assistant on Projects to the governor, Iqwat Umoren, disclosed this while speaking with newsmen in Uyo on Wednesday. He said that the tuition-free primary and secondary education policy of the state government had resulted in ...
Read More »North Central residents laud infrastructure development
North Central – Better days are ahead for residents, guests and travellers with the ongoing infrastructure projects in the North Central geopolitical zone. The provision of steady power supply, housing and roads across the six geopolitical zones of the country is one of cardinal campaign promises of the APC – led administration. Though most of the power and road projects ...
Read More »FG provides social housing estate in Ikot Ntuen, Akwa Ibom
The Federal Government has fulfilled the pledge to provide infrastructure in the Novone Social Housing Estate, Ikot Ntuen, Uyo Local Government Area as contractors handling access and internal roads, water and electricity projects have been mobilized to site. Breaking the news to journalists, Renowned Social Housing advocate and the Principal Partner of Novone Consult Limited, an Estate Management Firm, Arc. ...
Read More »Chinese firm set to invest $300m in mass housing scheme
Steven Kim, Director, One Belt and One Road, Financial Operation Office, China, says Chinese government through his organisation will invest 300 million dollars in Nigeria’s mass housing scheme soon. He made this known at a news briefing organised by Zvecan Homes and Estates on Tuesday in Abuja. Mr. Kim noted that his organisation was collaborating with Zvecan Homes and Estate ...
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