Category: TOP STORIES
FG to raise VAT on luxury items
The federal government plans to raise the value-added tax (VAT) on luxury times — subject to the approval of the national assembly. Briefing the media after the...
661 Rifles: Customs moves to replace faulty scanners
Against the backdrop of the seizure of a container load of 661 pump-action rifles by operatives of the Nigeria Customs Service (NCS) in the Mile 2 area of Lagos on...
Reps seek revocation of oil bloc licenses
The House of Representatives would seek revocation of oil bloc licenses issued without due process. This is in addition to the forfeiture of oil and gas licences by...
New Customs boss reaffirms ban on rice, vehicles
Zonal Coordinator in charge of Zone ‘A’ of the Nigeria Customs Service (NCS), Assistant Comptroller General of Customs (ACG) Monday Abueh has...
Customs intercept 661 pump-action rifles, detains officers
The Federal Operations Unit of the Nigeria Customs Service (NCS) on Monday said it intercepted a Mack truck along the Mile 2 – Apapa Road containing 49 boxes of...
Navy arrest nine suspected oil thieves, vandals in Delta
No fewer than nine suspected oil thieves and operators of illegal crude oil refining camps have been arrested in the last one week as the Nigerian Navy embarked on...
‘CBN forex policy worrisome’
The organised private sector has said that the unorthodox foreign exchange allocations system of the Central Bank of Nigeria (CBN) would continue to hamper economic...
Salary increase will not stop corruption in Customs, say stakeholders
Against the backdrop of agitations by some Customs officers for increase in their salaries by government as a way of fighting corruption and boosting revenue collection,...
Benin Republic hit by Nigeria’s car import ban
Surveying his sprawling car dealership on the fringes of Benin’s commercial hub Cotonou, Kassem Hijazi alternates between chainsmoking Marlboro cigarettes and...
PCN celebrates completion of Egina pipe coating at Onne Free Zone
Pipe Coaters Nigeria Limited (PCN) on Wednesday celebrated completion of the coating and cut back of the last pipe for the Egina UFR (umbilicals, flowlines and risers)...
Abuja airport runway, disaster waiting to happen – Minister
The Minister of State, Aviation, Hadi Sirika, has warned that the Nnamdi Azikiwe International Airport, Abuja runway has totally failed and is a disaster waiting to...
The charade called Made-In-Nigeria campaign
By Bolaji Akinola The problem with the so-called buy Made-In-Nigeria campaign is that it is neither rooted in policies nor in patriotic fervour. Its mediatized and...
