FG projects N120tn as three-year consumption expenditure The Federal Government has projected an average of N120tn as consumption expenditure by Nigerians on which value-added tax will be charged between 2023 and 2025. This is according to the Medium Term Expenditure Framework and Fiscal strategy paper developed by the Ministry of Finance, Budget and National Planning. According to the report, consumption expenditure on which VAT will be charged will likely increase from an average of N35tn in 2023 to N40tn in …
Tag: produce
It was excitement galore for 358 customers of First City Monument Bank (www.fcmb.com) after winning cash prizes at the fifth draws of the ongoing Millionaire Promo season 7, held on September 22, 2021. Two millionaires emerged from the draws, bringing the number of millionaires in this promo edition to seven. Five others had emerged since April when the Season 7 commenced. The electronic selection of winners happened virtually in the Federal Capital Territory (FCT), Abuja; Uyo, capital of Akwa …
The Indigenous People of Biafra IPOB has reacted to the failure of the Department of State Services DSS to produce its leader, Nnamdi Kanu, at the Federal High Court, Abuja today July 26. Justice Binta Nyako who presided over the re-arraingment of Kanu adjourned the case till October 22 due to the failure of the Department of State Security DSS to present Kanu in court. Reacting to this development, the secessionist group in a statement released by its …
Justice Binta Nyako of the Federal High Court, Abuja has adjourned the trial of the leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu to October 21, following the failure of the Department of State Security DSS to produce him in court today July 26. When the matter was called up, Justice Binta Nyako said nothing could be done since the defendant, Nnamdi Kanu, wasn’t produced in court by the DSS. According to the prosecution counsel, Mohammed Abubakar, Kanu …