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OPS seeks President’s help to stop beverage levy bill

OPS seeks President’s help to stop beverage levy bill

By Yinka Kolawole The Organised Private Sector of Nigeria (OPSN), has called for President Bola Tinubu’s intervention to halt the passage of the proposed Customs, Excise and Tariff Amendment (CETA) Bill currently before the National Assembly which seeks to introduce a percentage levy per litre of the retail price on non-alcoholic beverages. The members of OPSN […]

Manufacturing tax contributions maintain upward trend in 2025

Manufacturing tax contributions maintain upward trend in 2025

…VAT rises 45.6% to N1.17trn; CIT up 32.8% to N881.3bn By Yinka Kolawole The manufacturing sector’s contribution to tax revenue collections in Nigeria maintained an upward trend in 2025, contributing a total of N1.17 trillion in Value Added Tax (VAT) representing an increase of 45.61 percent over the N803.53 billion recorded in 2024 while the sector’s Company […]

Cardoso living up to his promise 1

Cardoso living up to his promise 1

By Dele sobowale CBN Governor Yemi Cardoso, during his confirmation hearing, September 2023.  Thank God, there is one silver lining in a predominantly dark sky over Nigeria. The current Governor of the Central Bank of Nigeria, CBN, has returned the institution to its former glory. Four Governors have managed the affairs of the bank, before him, since […]

Electricity: FG sets up committee to tackle gas to power challenge

Electricity: FG sets up committee to tackle gas to power challenge

By Obas Esiedesa The Federal Government has inaugurated a Gas-to-Power Monitoring Committee to address persistent gas supply challenges affecting electricity generation in the country. Speaking at the inauguration in Abuja, the Minister of Power, Chief Adebayo Adelabu, described the initiative as a decisive step towards resolving one of the most critical constraints in the Nigerian Electricity […]

Vanguard Detty December