Page 45 - Third Schedule News Today

Governor Nyesom Wike of Rivers State is advocating for a new revenue sharing formula in the country, saying the current

The Rivers government on Thursday called for an increase in revenue allocation accruals to states to encourage them build their own potential. | Pulse Nigeria

The 36 states of the federation have asked the supreme court to compel the federal government to refund about N66 billion...

Gazetted on the 5 August 2021, the Finance (Miscellaneous provisions) Act, brings about amendments made to the legislative structure of the Mauritian jurisdiction.

In today's edition of TC Daily: NITDA’s play for Nigeria’s tech sector; Chekkit leaves Afghanistan; CBN strikes again; The winners of e-Health Africa’s Data Challenge; and, Events: TC Live.

The body noted that there are ambiguous sections of the bill which should rather be properly spelt out so operators in the Information Communication and Technology Industry could fully understand what implications this might have for their businesses.

NITDA wants to amend Nigeria's technology Act. Here’s how the tech sector in Nigeria will be affected by licensing fees and levies.

Electronic transmission of results: The joke is on NASS, INEC, not NCC, By Aliyu Momodu The Senate was fraudulent and duplicitous when it pushed the responsibility of electronic transmission of result to the NCC. The Nigerian National Assembly, Abuja Dragging the Commission to testify before the House on the feasibility of the electronic transmission of results was mischievous on the part of the lawmakers. It was a joke taken too far by a body that was supposed to understand the basics of the n...

Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) By Tue Jul 27 2021 The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said it has commenced the process of reviewing the current revenue allocation formula. The Commission’s call for memoranda on the review signed by the Chairman of the Revenue Allocation Formula Committee, Mr Amujo Philip Ajayi, indicated that the move was in line with the provisions of the Paragraph 32 (b) of Part 1 of the Third Schedule to the 199...

Nigerian Senate voting against democracy! Senate Tue Jul 27 2021 Many political analysts are of the opinion that the biggest threat to democracy in Nigeria is not its peaceful protestors, insurgents, bandits or even separatists, but rather its legislators. Having allocated themselves a disproportionate share of the nation’s budget, they “live large”, habitually fail to meet the stipulated number of sitting days, fail in oversight functions, fail to constrain executive unconstitutionalitie...