Barbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1.727 trillion November 2024 Federation Accounts Revenue to the Federal Government, States and Local Government Councils. The revenue was shared at the December 2024 meeting of the Committee held in Abuja. The N1.727 trillion total distributable revenue comprised distributable…
By Rabiu Murtala Hamza Amidst rising hardship in Nigeria, Islamic social finance and welfare organisations have gathered in Hadejia, Jigawa State for two days conference, aiming to proffer religious based solution to lack of safety net. The Association of Zakat and Waqaf Operators in Nigeria (AZAWON) is advocating the institutionalisation of holy social welfares system…
Vice President Kashim Shettima, who chaired Thursday’s National Economic Council (NEC) meeting, has approved a 0.05% increase in emoluments for workers under the Revenue Mobilization Allocation and Fiscal Commission (RMAFC). Anambra State Governor, Charles Soludo, revealed this during a press briefing saying that the Commission had initially requested a 0.75% increase, citing the immense scope…
…..recorded 10.53 million registered contributors Barbara Bako, Abuja. The National Pension Commission (PenCom) has introduced a revised programmed withdrawal template and simplifying access to voluntary contributions. This achievement also includes revising the threshold for en-bloc payments in line with the new minimum wageto further enhance contributors’ experience. The PenCom’s Director General, Ms. Omolola Oloworaran revealed…
President Bola Tinubu will present the 2025 budget to a joint session of the National Assembly next Tuesday, December 17. The Senate President, Godswill Akpabio, made the announcement about the budget presentation today, Thursday. He said it will take place at the House of Representatives’ chamber.
Vice President Kashim Shettima, on Thursday, presided over a close door meeting of the National Economic Council (NEC) at the Presidential Villa in Abuja. The meeting, which is the 146th meeting and last one for the year 2024, started at 11:30 am with a reasonable number of governors, including those of Cross River, Imo, and…
The Minister of State for Defence, Dr. Bello Matawalle has said that President Bola Tinubu’s reforms and robust economic policies will yield significant and positive results. This was contained in a statement released on Thursday in Abuja by the Director, Information and Public Relations, Ministry of Defence, Mr. Henshaw Ogubike. Matawalle said that these policies,…
…. Says No going back on installation Muhammadu Sanusi II, the 16th Emir of Kano, has reaffirmed his commitment towards the installation of Munir Sanusi as the newly appointed District Head of Bichi, and his assumption of office at the Bichi Palace. The Emir made this statement on Wednesday during a solidarity visit from a…
The Association of Zakat and Waqf Operators in Nigeria (AZAWON), an umbrella body responsible for the collection and distribution of islamic charity has called on President Bola Ahmed Tinubu to utilize the organization’s ability in the fight against poverty in the county. The Chairman of the Association, Engr. Muhammad Lawal Maidoki, (Sadaukin Sokoto), made this…
The National Information Technology Development Agency (NITDA) has identified social media platforms X (formerly Twitter) and TikTok for failing to comply with tax filing requirements outlined in accordance with Nigeria’s Regulatory framework. In a report obtained by PRNigeria titled “Analysis of Compliance with Laws and Misinformation Management by Social Media Platforms in Nigeria,” while platforms…
