Efforts to increase domestic revenue are leading to a closer examination of tax incentives. These incentives, totaling N3.87 trillion, are granted to businesses, investors, and consumers. The scrutiny comes as foreign direct investment remains weak.
Further details on this development are available from the source. The push to raise revenue is driving the need to review tax breaks.
The source provides more information on the situation, including the amount of tax breaks under scrutiny and the context of weak foreign direct investment.
The Nigerian Education Loan Fund (NELFUND) has increased funding for nursing and midwifery education nearly 14-fold to N811.9 million in the 2025/2026 academic session from N59.4 million in 2023/2024. The latest figure was disclosed in a statement issued by NELFUND’s Director of ...
Mohbad died on 12 September 2023. The post Three years later, Mohbad still unburied as DNA saga, family crisis persists appeared first on Premium Times Nigeria ....
The African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, on Saturday, accused President Bola Tinubu’s Senior Advisor on Digital/New Media, O’tega Ogra, of manufacturing figures and attaching them to his proposal on production subsidy to local refineries in Ni...
The Independent National Electoral Commission (INEC) has published the final list of presidential candidates and their running mates for the January 2027 general elections. The list, signed by the Secretary to the Commission, Rose Oriaran-Anthony, released on S...
Nigeria has reaffirmed its commitment to the World Trade Organisation (WTO) and the multilateral trading system, stressing that no country can prosper in isolation from the global community. Vice President Kashim Shettima gave the assurance during a meeting with the Director-Gene...
The PDP and ADC’s David Mark have mourned former PDP chairman, Bamanga Tukur, who died at 90, describing his death as a great loss to Nigeria. Read More: https://punchng.com/pdp-david-mark-mourn-bamanga-tukur-hail-decades-of-service/...
By Shina Abubakar Osun State Government has described Osun State University (UNIOSUN) as a leading implementer of the 2025 Federal Government of Nigeria–ASUU Agreement, adding that this was done even before its implementation by the Federal Government. In a statement by the Commi...
VP Shettima hails Nigerian diaspora’s global contributions. The post BRICS Summit: Shettima meets with Okonjo-Iweala, reaffirms Nigeria’s support for WTO, multilateralism appeared first on Premium Times Nigeria ....
Ogun State Police have arrested a suspected vehicle theft kingpin, Mosuru Issa, and recovered a stolen Toyota Camry during a stop-and-search operation. Read More: https://punchng.com/police-arrest-suspected-vehicle-theft-kingpin-in-ogun-recover-stolen-car/...
A Labour Party (LP) chieftain, Abayomi Arabambi, has sued the University of Nigeria Nsukka (UNN) over the alleged refusal to release details of the academic record of Peter Obi, the presidential candidate of the Nigerian Democratic Congress (NDC). Arabambi, in a fresh suit, said ...
The governor said Ogun would explore opportunities to participate in the emerging private-sector-driven Hajj airlift arrangement, particularly for pilgrims from Oyo, Osun, Ondo and Ekiti states. The post Gateway Air ready to airlift Hajj pilgrims — Gov Abiodun appeared first on P...
Saudi Arabian Second Division side Al Nairyah Sports Club have completed the signing of midfielder, Ufere Chinedu, DAILY POST reports. Ufere linked up with Al Nairyah on a free transfer. He played for the nine-time Nigeria Premier Football League, NPFL, champions Enyimba last sea...
