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Blackouts: Nigeria spending N22tr annually fueling generators – Economist

Blackouts: Nigeria spending N22tr annually fueling generators – Economist

By Omeiza Ajayi ABUJA: Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product (GDP) annually, according to an economic brief released by  a financial expert, Martins Itua. ​Mr Itua, the Director of Arthur Group, stated that the immense financial burden of self-generated electricity has become the […]

Reps committee recovers ₦521m unremitted VAT from CBN

Reps committee recovers ₦521m unremitted VAT from CBN

By Gift Chapi Odekina, Abuja ABUJA — The House of Representatives Public Accounts Committee (PAC) has recovered ₦521,765,134.17 in unremitted Value Added Tax (VAT) from the Central Bank of Nigeria (CBN) following its ongoing investigation into alleged revenue leakages and outstanding liabilities owed to the Federal Government. The recovery is part of an inquiry initiated […]

Stakeholders urge senate to fast-track child online protection bill

Stakeholders urge senate to fast-track child online protection bill

Civil society organisations, child rights advocates, educators, digital rights experts and policy stakeholders have called on the Senate to urgently pass the Child Online Access Protection Bill, warning that millions of Nigerian children remain exposed to increasing online threats.