Author: Joy Gyakyor

Director General of the National Agency for Food and Administration and Control (NAFDAC), Professor Moji Adeyeye, has advised Nigerians to refrain from storing cooked food in the refrigerator for more than three days, warning that such food is susceptible to contamination by disease-causing pathogens, key agents of foodborne diseases that can lead to death. Adeyeye stated this on Tuesday in commemoration of the 2024 World Food Safety Day with the theme, ‘Food Safety: Prepare for the Unexpected’. In a statement by the agency’s Resident Media Consultant, Sayo Akintola, Processor Adeyeye urged stakeholders in the food supply chain to take deliberate actions…

The Nigeria National Petroleum Company Limited (NNPCL) has re-emphasized its commitment to sustain the march towards process improvement, regulatory compliance, and performance excellence. NNPCL’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of the International Ship and Port Facility Security (ISPS) Code Compliance obtained by the Company, from the Nigerian Maritime Administration and Safety Agency (NIMASA). According to Olufemi Soneye, Chief Corporate Communications Officer of the NNPCL in a statement, the ISPS certification, issued in April 2024 and covering all NNPC jetties nationwide, is crucial for the company’s business continuity as it prevents…

The Federal Inland Revenue Service (FIRS), under the leadership of Dr. Zacch Adedeji as Executive Chairman, has an ambitious plan to increase Nigeria’s collectible revenues through an efficient tax management system. The nation’s top tax agency has a revenue target of about N19.4 trillion for this fiscal year.  FIRS’ recent decision to launch a new slogan is therefore strategically designed and aimed to promote a positive perception of tax compliance by emphasizing the benefits of simplifying the tax process and maximizing revenue.  According to the FIRS, the slogan;  “Simplifying Tax, Maximising Revenue,” emphasizes the benefits of compliance, hoping to influence taxpayer…

Donald Trump’s campaign has announced that it raised nearly $53 million through online small-dollar donations after his conviction in the New York hush money trial.  The campaign claimed that the verdict had significantly increased support for Trump, with reports that this record amount was equivalent to raising more than $2 million per hour.  Senior campaign officials, Chris LaCivita and Susie Wiles, emphasized that over a third of the total came from new donors, showing strong support from people across the country. In their statements, LaCivita and Wiles described the Thursday court decision as a “sham trial verdict” and noted that…

The Nigerian National Petroleum Company (NNPCL) Exploration and Production Limited and Natural Oilfield Services Limited Sunday said they have commenced oil production at Oil Mining Lease 13 in Akwa Ibom State. Spokesman of the NNPCL, Olufemi Soneye disclosed this in a statement. The NNPCL flagship upstream subsidiary had collaborated with NOSL, a subsidiary of Sterling Oil Exploration & Energy Production Company Limited, to produce more crude for Nigeria. According to Soneye, “The production, which commenced on May 6, 2024, with 6,000 barrels of oil is expected to be ramped up to 40,000 barrels per day by May 27, 2024.” He…

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji on Monday, called for the smooth transition of leadership positions in the Africa Tax Administration Forum (ATAF). Adedeji stated this while delivering his opening remarks at the ATAF Council Strategy meeting in Nigeria’s commercial city of Lagos. ATAF serves as an African network that aims at improving tax systems in Africa through exchanges, knowledge dissemination, capacity development and active contribution to the regional and global tax agenda. Speaking at the Lagos event, the FIRS chief executive said there is the need for a strong leadership in the…

The Federal Government through the Nigeria Export Processing Zones Authority (NEPZA), on Wednesday said that it has secured the commitment of a group of private companies for investments worth billions of dollars in the country’s free trade zones’ scheme. Managing Director of NEPZA, Dr Olufemi Ogunyemi announced this while receiving the promoter of a newly registered Industrial Platform Remo (IPR) Free Zone, the Arise Integrated Industrial Platforms (AIIP) in his Abuja office. According to a statement by NEPZA’s Head of Corporate Communications, Dr. Martins Odeh, the NEPZA chief executive said that IPR is set with its funding partners to roll…

British conservative party politician, Alok Sharma once explained that infrastructure would always become the backbone of economic growth, as it improves access to basic services such as clean water and electricity, creates jobs, and boosts business. The United Nations (UN), in fact, also, confirms that both economic growth, and social development depend heavily on nations’ ability to invest in infrastructure. This is why it’s sustainable development goals nine – provides for building of resilient infrastructure, promotion of sustainable industrialization and fostering innovation. But, Nigeria, like many African countries continue to face near total lack or poor infrastructure, mainly, due to bad…

The federal government on Thursday signed an agreement christened, ‘the Aso Accord for Economic and Financial Inclusion’ with the 36 state governments and other key stakeholders in the private sector as part of efforts to actualise the delivery of financial services at affordable costs to Nigerians. The agreement is expalso covcted to also take care of citizens at disadvantaged and low-income segments of the country. Senior Special Assistant on media and Publicity to the Vice President, Stanley Nkwocha, in a statement said, among those who signed the Aso Accord pact on behalf of the federal government during a two-day workshop…

Chairman of the Federal Inland Revenue Service (FIRS) and President of the Commonwealth Association of Tax Administrators (CATA), Dr. Zacch Adedeji has described capacity building of tax personnel as a key element in strengthening tax administration processes in member countries of the CATA.  A statement made available on FIRS Facebook handle said that the agency’s chief executive statedl while addressing members of CATA at a meeting in London, United Kingdom. Adedeji explained that expanding the capacity of tax personnel of CATA member countries would empower them to deal with the challenges that have negatively impacted the tax administration landscape globally. …