Crude oil, aviation fuel top import chart at Lekki deep-sea port
By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
Stakeholders say CBN action will affect funding of oil, gas sector
Some stakeholders in the Oil and Gas industry have said that the action of the Central Bank of Nigeria (CBN) will affect the ability of the sector to source its development funds. Some of the stakeholders told newsmen in Lagos on Tuesday that oil and gas firms might no longer be able to source funds for their upstream and downstream projects.
FG releases N22.4m to study air quality in six cities
The federal government has released N22.4 million to undertake air quality studies in six cities in Nigeria.Mr Ahmed Alfa, Deputy Director, Pollution Control, Federal Ministry of Environment, made the disclosure in Abuja on Tuesday .
LIRS seals off 4 companies for tax evasion
The Lagos State Inland Revenue Service (LIRS) on Tuesday sealed off four companies in the state for allegedly owing the state government about N173.8 million in tax liabilities.
UNIDO to help Nigeria, others replace chiller
UNIDO, and French Global Environment Facility are to help Nigeria , Egypt, Cameroon, Egypt, Namibia, Senegal and Sudan to replace chillers. Chillers are refrigeration systems that produce chilled water for cooling air in commercial, residential and industrial processes. UNIDO is the main implementing agency of the project worth EUR 5.3 million.
CITN tasks FG on tax enlightenment campaign
The President, Chartered Institute of Taxation of Nigeria (CITN), Mr Kunle Quadri, says the three tiers of government should be involved in tax enlightenment campaign. Quadri, who made the call during an interview with the News Agency of Nigeria (NAN) in Lagos on Tuesday, said that such periodical tax education would enable tax payers to pay their taxes voluntarily.He said that such enlightenment would also help to improve the system of tax collection in the country.
