Twelve years after The Steve Oronsaye Panel submitted its report on restructuring and rationalizing Federal government parastatal and agencies aimed at cutting down on the cost of governance in Nigeria, President Bola Tinubu gave a nod to the implementation of the report on Monday, February 26, 2024. A committee that will execute the report has been … Read more
Osun State has begun the digitized issuance of state and local government certificates of origin. The announcement was made by Governor Ademola Adeleke on Wednesday, February 14, 2024, in an update about what his administration is doing in the area of Ease of Doing Business. With this development, it is now easy for Osun State … Read more
The decision by Nigeria’s apex bank to relocate five of its departments from Abuja to Lagos in the middle of January 2024 sparked considerable uproar. Some Northern politicians and groups went so far as to threaten that such a move could have political implications for President Bola Tinubu’s second-term ambition. An internal memo obtained by … Read more
Nigeria has produced 25 Ministers of Health since the formation of the first cabinet in 1957 to present. From the appointment of Chief Ayo Rosiji as Nigeria’s first Minister of Health to the incumbent Muhammed Ali Pate, Nigeria’s Ministry of Health is headed by health practitioners except in a few cases when a pharmacist, teacher, … Read more
Every year, billions of Naira find their way from Nigeria’s government accounts into personal accounts of senior officials of Federal Ministries, Departments, and Agencies (MDAs). Most of the transactions have vague descriptions, for instance, in a transaction to one Ayodele Elizabeth, the description was not specific, it only says, “…allowances to the Hon Minister”. The name of … Read more
If you live in Nigeria or you’re a registered person or entity, you need to have a Tax ID Number. So, this article covers everything you need to know about TIN, including how to obtain one, how to verify it and how to remit your tax to the government online. What is a Tax Identification … Read more
The Nigeria Customs Service (NCS) unveiled its revamped e-auction platform on Tuesday, January 16, 2024, for interested Nigerians to place bid on the available seized goods. It says italigns with its efficiency and fairness strategic move in the newly enacted Nigeria Customs Service Act, 2023. Auctioning is a way of decongesting the Nigerian ports and warehouses across the country. … Read more
The Federal Ministry of Art, Culture, and Creative Economy (FMACCE) was carved out of the old Federal Ministry of Information and Culture, following the decision of President Bola Tinubu to create more federal ministries. Who is the Minister of the Ministry of Art, Culture, and Creative Economy? On August 21, 2023, Hannatu Musa Musawa was announced as the … Read more
Section 713 of Nigeria’s Financial Regulations is very clear on this: Funds in government accounts cannot be transferred into personal accounts. The revelations about the financial transactions and dealings of the Ministry of Humanitarian Affairs and Poverty Alleviation in recent times indicate that billions of naira were deposited into private accounts of individuals within the … Read more
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has its headquarters in Abuja, six zonal offices, and 36 state branch offices spread across Nigeria. The agency is set up to look into the affairs of MSMEs operating in Nigeria and empower them to contribute to macroeconomic activities. It does this by also issuing free e-copy … Read more