A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
…Hike ranges from 10% to 121.5% …We’ll resist it — NLC …Another betrayal of trust — TUC …Increase’ll impede growth of real sector — NACC …MAlWrong timing — CISLAC …Electricity pricing needs strategic approach — LCCI …PDP rejects hike, says it’ll worsen hardship …50% tariff hike not true, Presidency Source By Udeme Akpan, Victor Young,
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Aliko Dangote and Herbert Wigwe are spearheading a coalition of Organised Private Sector, OPS, to support the Federal Government’s ongoing efforts to tackle the coronavirus (COVID-19) menace sweeping across the country.
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Victor Young The Organised Private Sector (OPS) has written to President Muhammadu Buhari over the coronavirus, COVID19, pandemic, demanding for a tax holiday for the private sector among other seven palliative measures to rescue the sector from the consequences of COVID pandemic. In a letter dated March 24, 2020, by the Director-General of Nigeria
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At the backdrop of the celebrations over Nigeria’s 20 years of uninterrupted democratic governance, leading organised private sector, OPS groups have picked holes with the impact of the milestone on the economy and other development variables.
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By Victor Young Organized Private Sector, OPS, has warned against immediate deployment of cashless policy as directed by the Central Bank of Nigeria, CBN, saying “the current business environment and available infrastructures are not ready for such deployment.” Speaking through Nigeria Employers’ Consultative Association, NECA, OPS contended that several sub-sectors of the economy would
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A Lagos lawmaker, Mr Olusegun Olulade, on Tuesday commended the Federal Government, the Nigeria Labour Congress (NLC) and the Organised Private Sector (OPS), for reaching a truce on the proposed new minimum wage, which averted a nationwide strike.
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THE re-enactment of the Lagos State Land Use Charge to Law replace the one enacted in 2001, was greeted with strident public outcry obviously due to misunderstanding of its provisions. However, a detailed look at the Land Use Charge, LUC, Law (2018), which is the state government’s property tax, indicates that it is a consolidation of ground rent, tenement rate, and neighbourhood improvement levy.
Read MoreORGANISED Private Sector, OPS, has rejected a single regulatory body for Upstream and Downstream sector of the national Petroleum Industry as contained in Petroleum Industry Governance Bill, PIGB, with likely emergence of the Petroleum Regulatory Commission (PRC).
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The Organised Private Sector, OPS, yesterday, insisted that the Central Bank of Nigeria, CBN, must review its policy on the 41 items restricted from official foreign exchange market.
According to the group, the decision is hurting the manufacturing sector in such a way that could no longer be ignored, having led to the closure of many companies and relocation of others from Nigeria to Ghana and other neighbouring countries. It has also led to the refusal to repatriate over $10 billion held offshore by Nigerian businesses.
