Tinubu Appoints Adedeji Acting Chairman Of FIRS
President Bola Tinubu has appointed Zacch Adedeji as the acting chairman of the Federal Inland Revenue Services (FIRS). Until his recent appointment, Adedeji was formerly the special adviser to Tinubu on revenue. He was a former Commissioner of Finance during the administration of later Governor of Oyo State, Abiola Ajimobi. Adedeji, a certified accountant who hails from the Iwo-Ate area of Ogo-Oluwa...
How CBN Spent N74bn In Naira Redesign, Others In 2022 — Report
It cost the Central Bank of Nigeria and its subsidiary about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. Despite the scarcity of naira that plagued the country in the latter months of 2022, the CBN spent 40.42 per cent more than the N53.29bn it spent in the preceding year, to rollout currencies. According to the...
We’ve Not Seen Reflection Of Uzodimma’s N40,000 Minimum Wage Increase, Imo Workers Cry Out
Imo state workers on Saturday complained that there was no increment in their salaries as promised by the Governor of the state, Hope Uzodimma. They made their feelings known in a statement issued to newsmen in Owerri and signed by the state Chairman of the Nigeria Labour Congress, NLC, Phillip Nwansi alongside other affiliate bodies. It should be recalled Uzodimma promised...
Tinubu In Meeting With World Bank Chief Says Audit Of CBN Commencing Soon
President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the Civil Service payroll is imminent. According to a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, Tinubu disclosed this during an audience with the President of the World Bank, Mr. Ajay Banga on Friday...
Emefiele: Tinubu Orders Probe Into Activities Of CBN
President Bola Tinubu has appointed a special investigator Jim Osayande to probe the Central Bank of Nigeria (CBN) and Related Activities. This was contained in a letter signed by the President and addressed to Obazee, the Chief Executive Officer of the Financial Reporting Council of Nigeria (FRCN). “In accordance with the fundamental objective set forth in Section 15(5) of the Constitution...
Palliatives: N8,000 Lots Of Money, Says Nasarawa Governor Sule
The Governor of Nasarawa State, Abdullahi Sule, says he disagrees with those arguing that the proposed N8,000 palliative by the Federal Government won’t do much to cushion the effects of the removal of fuel subsidy on poor Nigerians. The governor, who was a guest on Channels Television’s Politics Today on Friday, insisted that N8,000 is a lot of money for...
12m Families To Receive N8,000 For Six Months — Tinubu
President Bola Ahmed Tinubu says about 12 million households will get N8,000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal. In a letter to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Thursday, Tinubu said it was designed to enable indigent and vulnerable Nigerian people...
After His Swearing In As Senator, Gbenga Daniel Asks For His Pension As Ex-Governor To Be Stopped
The senator representing Ogun East, Gbenga Daniel, has asked Governor Dapo Abiodun to stop his pension as a former governor of the state. Daniel governed Ogun State from 2003 to 2011. In February, he was elected in February to represent Ogun East in the red chamber of the 10th National Assembly. In a tweet on Thursday, the former governor said “good...
Delta Assembly Approves Gov. Oborevwori’s N40b Loan Request To Clear Retirees’ Pensions
Delta State House of Assembly has approved a loan request of N40 billion for Governor Sheriff Oborevwori to defray accumulated arrears of pensions owed to retired primary school teachers and local government employees in the state. The approval is one of the first legislative actions of the first session of the 8th Assembly presided over by the Speaker, Dennis Emomotimi...
CBN Sets N50k Daily Limit On Contactless Payments
Contactless payments are a safe and convenient way to conduct transactions between payment devices such as pre-paid, debit, and credit cards, key fobs, mobile electronic devices, and wearable gadgets. It employs near-field communication (NFC) technology, allowing customers to conduct a transaction by just tapping or waving their payment device near the terminal. In order to stimulate innovation in the area, the...
