PTAD Expresses Readiness to Collaborate With States on Pension Administration
By Oluwakemi Kindness The Pension Transitional Arrangement Directorate (PTAD) has reaffirmed its willingness to work with state governments to improve pension administration. This is particularly in the area of verification and payment processes, stressing that provided such collaboration is formally requested. PTAD’s Assistant Director, I.T department, Adamu Ismaila, stated this on the sideline of an […]
New Tax Framework to Cut Operating Costs for Airlines — FG
By Oluwakemi Kindness The Presidential Fiscal Policy and Tax Reforms Committee has dismissed claims that Nigeria’s new tax laws will negatively affect the aviation industry. Rather it is insisting that the reforms are designed to ease long-standing cost pressures on airlines rather than worsen them. In a statement on monday, the committee acknowledged the genuine […]
Reps Minority Caucus Seeks Suspension of New Tax Laws
By Oluwakemi Kindness The Minority Caucus of the House of Representatives has called on the Federal Government to stop the implementation of the newly enacted tax laws, citing ongoing allegations of unlawful alterations to the versions passed by the National Assembly. The call follows comments by the Chairman of the Presidential Committee on Fiscal Policy […]
We Stood by Tinubu in Difficult Times, Wike Reaffirms Loyalty
By Sofiat Adenekan-Abul The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has reaffirmed his unwavering support for President Bola Tinubu. He said those who stood by the President when it was politically difficult will continue to support him now that things are easier. Wike said he and his supporters openly backed Tinubu during […]
House Orders Re-Gazetting of 2025 Tax Laws After Public Concerns
By Oluwakemi Kindness The House of Representatives has directed that four major tax reform laws passed in 2025 be re-gazetted. This became necessary following public concerns over how the bills were processed, assented to, and published. The affected laws are the Nigeria Tax Act, 2025; Nigeria Tax Administration Act, 2025; Joint Revenue Board of Nigeria […]
PenCom Urges CSOs to Drive Accountability in Pension Reform
By Oluwakemi Kindness The National Pension Commission, PenCom, has called on civil society organisations to serve as partners and watchdogs in ongoing Pension Reform 2.0. The call comes as the Federal Government settles long-standing pension liabilities and rolls out reforms aimed at rebuilding trust in the pension system. Speaking on Tuesday, in Abuja, at the […]
Customs Seizes 20 Diverted Containers Worth ₦769.5m
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has intercepted 20 diverted transit containers valued at ₦769.5 million, in a major crackdown on cargo diversion across the Kano–Jigawa axis. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this during a press briefing in Kano, describing the seizures as part of intelligence-driven operations to protect government revenue […]
Cardoso Reaffirms Nigeria’s Commitment to Macroeconomic Stability, Transparent Markets
By Oluwakemi Kindness The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed Nigeria’s commitment to macroeconomic stability, rules-based economic management and transparent markets. Cardoso made this known while engaging senior business leaders and institutional investors at the U.S.–Nigeria Executive Business Round table in Washington, D.C. He underscored Nigeria’s reform agenda and […]
SMEDAN Brokers ₦12bn Loans for Small Businesses, Targets 250,000 Businesses
By Oluwakemi Kindness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it is brokering ₦12 billion in single-digit loans for small businesses. This is as it targets the formalisation of 250,000 enterprises in 2026. The Director-General of SMEDAN, Charles Odii, disclosed this on Wednesday during the agency’s 2025 annual engagement, noting that […]
NEZA Commends NEPZA, OGFZA on Call for 10-Year Tax Moratorium
By Oluwakemi Kindness The Nigeria Economic Zones Association (NEZA) has applauded the Managing Directors of the Nigeria Export Processing Zones Authority (NEPZA) and the Oil and Gas Free Zones Authority (OGFZA) for advocating a ten-year moratorium on implementing the National Tax Policy (NTA) within Nigeria’s Free Zones. In a statement on Tuesday, NEZA describs the […]