Finance ministers from the Group of 20 (G20) major economies on Wednesday endorsed “the final political agreement” to revamp international corporate taxation, ensuring that multinational firms pay a fair share of tax around the world. “This agreement will establish a more stable and fairer international tax system,” G20 finance ministers and central bank governors said in a communique during the annual meetings of the International Monetary Fund and the World Bank. The G20 ministers called for swift development of “the model rules and multilateral instruments” to ensure that the new rules will come into effect at global level in 2023,…
Author: Abdallah el-Kurebe
The COVID-19 pandemic has reversed years of global progress in tackling tuberculosis and for the first time in over a decade, TB deaths have increased, according to the World Health Organization’s 2021 Global TB report. In 2020, more people died from TB, with far fewer people being diagnosed and treated or provided with TB preventive treatment compared with 2019, and overall spending on essential TB services falling. The first challenge is disruption in access to TB services and a reduction in resources. In many countries, human, financial and other resources have been reallocated from tackling TB to the COVID-19 response,…
The House of Representatives Committee on Customs have given two weeks ultimatum to some financial to reconcile accounts and remit all outstanding Customs Duties to the federal government. The Chairman of the Committee, Rep. Leke Abejide (ADC-Kogi) issued the ultimatum at an investigative hearing on Wednesday in Abuja. The investigative hearing was on alleged non-remittance of N10 billion customs duty to the federal government by commercial banks. Leke said that the Bank are Polaris Bank, Providus bank, Guaranteed Trust Bank, Eco Bank, United Bank of Africa (UBA) and Standard Charted Bank. The lawmaker said that Eco Bank is owing N4.4…
Nasarawa state governor, Abdullahi Sule has sent a N8.67 billion as 2021 supplementary budget to the House of Assembly for consideration and approval. Ibrahim Balarabe-Abdullahi, the Speaker of the House, read the governor’s request during the House proceedings in Lafia on Wednesday. Balarabe-Abdullahi said that the supplementary bill if passed into law was to ensure the completion of ongoing projects in the state. “A Bill for a Law to issue out of the Consolidated Revenue Fund of the State (Supplementary Appropriation Bill) of the sum of N5, 975, 076, 812.86 and a virement (Re-Allocation/ Adjustment) of 2,690,023,000 only for the…
By Hawwah Gambo Jiddare “I always say the future is female, but indeed technology is the future.” On this International Day of the Girl-Child, I urge all of us to look for ways to empower girls to access technology, so that they may have the best chance of succeeding in life. I dare say, I am where I am because I have always embraced and maximized the opportunities technology has provided me. As a child I learnt my ABCs at home while watching Sesame Street in the early 1980s. And from my ABCs, I learnt to put ABCDE together to…
The United Nations Educational, Scientific and Cultural Organisation, UNESCO, has published its Global Toolkit for Judicial Actors on International Legal Standards on Freedom of Expression, Access to Information and Safety of Journalists. The Toolkit presents five comprehensive modules including, The International Legal Framework on Freedom of Expression; The Legitimate Restrictions on the Exercise of Freedom of Expression; The Right to Access Information; Attacks against Freedom of Expression and the Role of the Judiciary; and Freedom of Expression on the Internet. A statement by UNESCO forwarded to ASHENEWS on Tuesday said, “We are very pleased to announce that UNESCO has just…
United State (U.S.) businesses are feeling the effects of President Joe Biden’s trade policy on China, voicing the hope for some relief from the U.S. tariffs on Chinese goods, Arkansas-based public radio station KUAR said. Biden would keep the Trump-era tariffs on billions of dollars of Chinese goods in place, U.S. Trade Representative Katherine Tai announced last week. KUAR interviewed Texas-based luggage store owner Tiffany Williams, who said the tariffs combined with COVID-19 and supply chain issues had hurt her business in recent years. Williams said a bag sold at $440 in 2018 was probably now $550 dollars. Considering duties…
Nigeria arrested no fewer than 8,634 suspected drug traffickers from January to August 2021, Chairman/Chief Executive Officer, National Drug Law Enforcement Agency (NDLEA), Buba Marwa, has disclosed. Marwa told the Human Rights, Humanitarian Affairs and Social Committee of the UN General Assembly in New York on Tuesday that NDLEA also made seizures of more than N100 billion in drugs and cash over the period. “Our consistent targeting of drug trafficking organisations has resulted in the arrest of 8,634 suspected drug traffickers and the seizure of over N 100 billion in cash and drugs,” he said. “Perpetrators will go through the criminal justice system, with…
The North Central stakeholder of the Peoples Democratic Party (PDP) have adopted former President of the Senate, Dr Iyorchia Ayu, as their consensus candidate for the party’s national chairman. Benue Gov. Samuel Ortom disclosed this while speaking with newsmen after the stakeholders’ meeting on Tuesday night in Abuja. Ortom said that the party leaders from the geo-political zone unanimously endorsed Ayu as the consensus out of five people from the region aspiring for the position. “This is stakeholders meeting of North Central PDP in continuation of finding consensus candidates for the national chairmanship of our party. “Looking for someone with…
The Peoples Democratic Party (PDP) says the passage of direct primary for the nomination of candidates for elections in political parties by the Senate will increase the costs of nomination procedures. Mr Kola Ologbondiyan, the party’s National Publicity Secretary, made the observation in a statement issued in Abuja on Wednesday. He described the decision of the Senate as retrogressive, capable of wiping off all the gains achieved in Nigeria electoral practice since 1999. “The PDP holds that the provision is aimed at increasing the costs of nomination procedures, thereby surrendering the processes to money bags against the wishes and aspiration…