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By Davidleid I. Eluchie The Federal government of Nigeria as part of her Covid – 19 survival/relief schemes, came up with a program it tagged “MSMEs Payroll Support” sometime in the month of September 2020; with the view to sustain at least 500,000 jobs in 50,000 MSMEs in critically affected sectors of the Nigerian economy, which includes: Schools, Hospitals. Creative Industries, Road Transport, Tourism, etc. In furtherance of the above agenda, the government set up a ‘Survival Fund’, and called on micro small and medium enterprises (MSMEs) that are registered with the Corporate Af...

 - January 7, 2021, 10:47 AM Business aviation organizations are reminding that the CARES Act tax holiday for certain federal excise taxes involving commercial air transportation was not extended under the latest Covid relief bill and has now expired.  For air transportation passenger taxes, the rates return to 7.5 percent per person in 2021. The domestic segment fee is $4.30, while the international head tax increases to $19.10 per person and the Alaska/Hawaii fee is $9.60, according to NBAA tax guidance. Also returning is the 4.3-cent-per gallon assessed for commercial use of aviation fu...

Osinbajo updates Buhari on implementation of economic sustainability On Kindly Share This Story: President Muhammadu Buhari on Tuesday at the Presidential Villa, Abuja, received Vice President Yemi Osinbajo, who updated him on the progress so far in the implementation of the Economic Sustainability Plan (ESP). Osinbajo’s spokesman Laolu Akande in a statement said it was the duo’s first official meeting for the year. Buhari had in 2020 mandated Osinbajo, as chair of the Economic Sustainability Committee (ESC), to coordinate the implementation of the ESP aimed at cushioning the economic ef...

President Muhammadu Buhari, on Tuesday at the Presidential Villa, Abuja, received Vice President Yemi Osinbajo, who updated him on the progress so far in the implementation of the Economic Sustainability Plan (ESP). Osinbajo’s spokesman, Laolu Akande, in a statement, said it was the duo’s first official meeting for the year. Buhari had in 2020 mandated Osinbajo, as chair of the Economic Sustainability Committee (ESC), to coordinate the implementation of the ESP aimed at cushioning the economic effects of the COVID-19 pandemic. Osinbajo said that three months into the implementation of dif...

Views: Visits 10 President Muhammadu Buhari on Tuesday at the Presidential Villa, Abuja, received Vice President Yemi Osinbajo, who updated him on the progress so far in the implementation of the Economic Sustainability Plan (ESP). Osinbajo’s spokesman Laolu Akande in a statement said it was the duo’s first official meeting for the year. Buhari had in 2020 mandated Osinbajo, as chair of the Economic Sustainability Committee (ESC), to coordinate the implementation of the ESP aimed at cushioning the economic effects of the COVID-19 pandemic. The vice president said that three month...