The Federal Capital Territory Administration (FCTA) has inaugurated a Capital Gain Tax (CGT) Implementation Committee to boost Internally Generated Revenue (IGR) in the territory.
Browsing: Viewpoint
At the combined prayer meeting of both men and women in the diocese, the Anglican Bishop of Nike Diocese spoke on “Understanding the Times”. In any case, his text was 1 Chronicles 12:32. Many of us have said that Nigeria is at a crossroads and spoken negatively and discouragefully about our nation, Nigeria, and our leaders. In fact, many of us are currently feeling depressed about Nigeria’s economic situation. Is Nigeria really at a crossroads or we do not understand the times?
In recent times, the dissemination of news and information has become increasingly important in shaping public opinion and influencing political landscapes. However, with the rise of online media platforms, the potential for false and malicious reporting has also increased. This is the case of a recent incident in Kogi State, where the publisher of Liberal News, an online portal, falsely published a security alarm that potentially threatened peace and stability in the state.
Having read a story credited to a so-called group of lawyers, which styles itself as Coalition of Nigerian Legal Practitioners, under the above title, which was published in an online news medium on Tuesday, October 31, 2023, we are compelled to make the following statements, clarifications, and disavowals in ripostes.
Uganda’s lost glory as one of Africa’s top producers of the ’white-gold’ (cotton) in the 1950s-70s, is slowly being regained with farmers already reaping over 2,000 metric tons, hardly a year after engaging in the revival. The country’s central region is leading the revival, [which ironically wasn’t growing much cotton then]. Uganda has two cotton planting seasons in a year.
Although the topic of climate change has become the primary focus of the international conversations with climate financing as the international community’s operating vehicle, these conversations are not yielding the desired attention to climate funding, or so it seems.
Rarely in modern times can so few have tried to take so much from so many. If Nigeria had lost its arbitration dispute with Process & Industrial Development in a London court on 23 October, it would have cost our people close to USD15 billion.
An agricultural expert in Uganda, stunned a farmers’ conference in the capital Kampala recently, when he revealed that nowadays most homesteads have no fires nor smokes during the day, because people are not cooking due to acute food shortages.
As commentators on Nigerian affairs, there are situations and circumstances where writers, out of niggling frustrations and hapless impotence, wish for something tragically severe, akin to a hot sharp knife skinning the hides off fat lambs, would descend on the irresponsible and insensitive portion of our governing blocs – especially the legislative mandarins. With tons of critical written pieces, brimming with righteous indignation, and well-articulated umbrage at the shenanigans of our political class, in the last three decades and more – it is quite heart-wrenching to now read that our 10th National Assembly are contemplating – as if it is their feudal right – to mass purchase over 400 hundred Sports Utility Vehicles (SUV) to mark the beginning of another sleaze-and-freak show called legislative tenure. There are 360 odd members of the House of Representatives (HoR) and 109 senators – all would have a need for a new vehicle, apart from armoured versions for the principal officers. The fact that each regular imported SUV would knock us down by $35,000 to $70,000 (meaning ₦35m to ₦70m each); and that the top range bullet-proof vehicles are in excess of $200,000 (a sickening ₦200m each) does not seem to worry the undisguised spendthrifts.
The Economic Financial Crimes Commission (EFCC) investigates people in all sectors who appear to be living above their means, and is empowered to investigate and prosecute money laundering, advance fee fraud, counterfeiting, illegal fund transfers, futures market fraud, contract scam, etc; the coordination and enforcement of all economic and financial crimes laws. The establishment of the Commission in April 2003 was partly in response to pressure from the Financial Action Task Force (FATF) on Money Laundering.