Reps Name Seven-Member Panel to Audit Gas Use by Gencos
By Oluwakemi Kindness The House of Representatives on Tuesday named a seven-member panel to scrutinise how electricity generation companies (Gencos) have used gas supplied to them over the years. The new sub-committee, chaired by Rep. Afam Victor Ogene, includes Reps. Kafilat Ogbara, Salisu Magaji, Faud Kayode Laguda, Harrison Nwadike and others. This fresh mandate emerged […]
CSOs Demand Fair, Transparent Tax System, Warn Against Multiple Levies
By Oluwakemi Kindness Civil society leaders have urged the Nigerian government to ensure taxes are fair, transparent, and used for public benefit, raising concerns over multiple levies and weak accountability systems that burden ordinary citizens. Speaking in Abuja on Tuesday, at a convening on the Nigeria Tax Acts 2025, Executive Director of CISLAC and Secretary […]
NSITF Dismisses Corruption Allegations Against Its Managing Director
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has dismissed as false and malicious, recent media reports alleging financial impropriety, abuse of office and diversion of funds against its Managing Director, Barrister Oluwaseun Faleye In a statement on Tuesday issued by its management, the Fund says the allegations are not supported by verifiable […]
Stop Enabling Non-Compliant Firms, CAC Tells Banks
By Oluwakemi Kindness The Corporate Affairs Commission (CAC) on Tuesday cautioned banks and other financial institutions against enabling non-compliant companies to operate. The CAC is also insisting that entities without full disclosure of their Persons with Significant Control (PSC) must not be allowed to enjoy legal or financial privileges. The Registrar-General of CAC. Hussaini Magaji […]
NEPZA Pushes EU Integration of Nigeria’s Special Economic Zones
By Oluwakemi Kindness The Nigeria Export Processing Zones Authority (NEPZA) has urged the European Union to integrate Nigeria’s Special Economic Zones (SEZs) into European value chains to strengthen economic growth, industrialisation, and shared prosperity. Dr. Olufemi Ogunyemi, Managing Director and Chief Executive Officer of NEPZA, made the call on Monday during a trade and investment […]
NAHCON Chairman Resigns Amid Board Petition, Alleged Misconduct
By Aremu Toyeebaht Professor Abdullahi Usman has resigned as Chairman of the National Hajj Commission of Nigeria (NAHCON), ending his tenure at the helm of the federal pilgrimage agency amid unresolved internal disagreements within the commission. The resignation, confirmed on Tuesday, comes against the backdrop of a formal petition by the NAHCON board to President […]
House Urges CAC to Harness Digital Tools to Empower Entrepreneurs
By Oluwakemi Kindness The House of Representatives has called on the Corporate Affairs Commission (CAC) to fully leverage digital tools and artificial intelligence to empower entrepreneurs and formalize Nigeria’s economy. Ahmed Munir-Lere, Chairman of the House Committee on Commerce, made the call on Monday in Abuja, during CAC’s 35th anniversary, warning that millions of Nigerian […]
75m Informal Workers Risk Retirement Without Pension – PenCom
By Oluwakemi Kindness The National Pension Commission (PenCom) has warned that more than 75 million Nigerians working in the informal sector risk retiring without any pension coverage. Speaking in Abuja on Monday, PenCom Director-General, Omolola Oloworaran, said while pension reforms over the past two decades have strengthened Nigeria’s financial system, their benefits have largely been […]
CAC Unveils Staff Welfare Schemes at 35
By Oluwakemi Kindness The Corporate Affairs Commission (CAC) has introduced new welfare initiatives for its workforce, including housing, healthcare and vehicle support, as the Commission marks its 35th anniversary. Registrar-General, Hussaini Ishaq-Magaji, announced the schemes on Saturday during the Commission’s monthly fitness exercise in Abuja, held as part of the anniversary activities. He said the […]
Reps to Compel CBN, Banks in Agric Probe
By Oluwakemi Kindness The House of Representatives Ad-hoc Committee probing Agricultural Subsidies, Intervention Funds, Aids and Grants from 2015 to 2025 has warned key government agencies and financial institutions that it will invoke constitutional powers to compel their appearance following what it described as a persistent disregard for parliamentary invitations. At its investigative hearing on […]