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The federal government has launched an ambitious tax drive aimed at doubling revenue over the next three years, targeting N32.9 trillion as opposed to the N10.1 trillion currently being realised. This drive to increase taxes comes at a time when the nation has become the poverty capital of the world, with rampant inflation and a…
By Umar Yakubu Based on documented history, the majority of citizens agree that public sector corruption is a bane to Nigeria's progress. For decades, outsiders saw the nation as a haven for corrupt activities; news of corruption is sometimes the headliner. Though there are many good public servants, every public servant has been accused or…
Download Here Nigerians who resort to loans from online lenders following stringent conditions of banks are being subjected to psychological trauma by the lenders, their family and friends. NIGERIA DAILY: How Daily Trust Newspaper Has Maintained Relevance For 25 Years NIGERIA DAILY: Who Is Fueling Plateau Crisis? In this episode of Nigeria Daily, we…
The federal government’s plan to disburse N8,000 monthly to 12 million “poor households” for six months as palliative for the removal of fuel subsidy indicates clearly that the nation is yet to set itself on the path of poverty eradication and prosperity for all. According to the National Bureau of Statistics, the average Nigerian household…
Power generating company, Geregu Power Plc, said it made advance payments of N8.783bn to Italian firm, Ansaldo Energia, for the overhaul of its gas turbine as at the end of June 2023. This was disclosed in the unaudited interim statement of financial position of the Genco for the period ending June 30, 2023, which was…