Akpabio: Less Than 30% of Nigerians Pay Taxes Despite High Infrastructure Demands
Senate President Godswill Akpabio stated that fewer than 30 per cent of Nigerians pay taxes to the government. He highlighted that despite low tax compliance, citizens still demand improved infrastructure,…
Trump Administration Announces Mass Layoff of 1,600 USAID Employees
The Trump administration has announced a mass layoff of 1,600 U.S.-based employees at the U.S. Agency for International Development (USAID), effective 11:59 p.m. EST, February 23, 2025. Additionally, the majority…
Dr Lucky Aiyedatiwa Sworn In as 7th Governor of Ondo State
Dr. Lucky Aiyedatiwa has been inaugurated as the 7th governor of Ondo State at the Ondo State Sports Complex, Akure The inauguration took place in the presence of top political…
FG Disburses N15bn Compensation for Lagos-Calabar Coastal Highway Demolitions
The Federal Government has disbursed N15 billion out of the N18 billion allocated for the first phase of compensation to property owners affected by demolitions along Section One of the…
Affordable Ways to Own a Home as Prices Rise
Nigeria’s housing market faces major affordability challenges. However, experts believe strategic approaches can help individuals achieve homeownership. Chudi Ubosi, principal partner at Ubosi Eleh & Co, recommends a gradual, step-by-step…
NESREA Vows to Shut Down Companies Violating Environmental Regulations
Presenting NESREA’s 2024 scorecard in Abuja, Barikor disclosed that 878 environmental permits were issued for compliance purposes. Regulations aim to improve air quality, conserve the environment, and reduce exposure to…
43 Million Nigerian Households Living in Substandard Housing – Minister Dangiwa
The Minister of Housing and Urban Development, Ahmed Dangiwa, has revealed that 43 million households in Nigeria are currently living in substandard housing conditions. Dangiwa made this disclosure at the…
CORBON, HDAN Partner for High-Level Forum on Nigeria’s New Tax Reforms
… Exploring Implications for Housing and Construction Sector with Taiwo Oyedele as Keynote Speaker In a significant move to address the impact of Nigeria’s ongoing tax reforms on the building…
Housing Minister Targets 50% Rise in Land Formalisation, $150bn Dead Capital Unlock to Boost GDP
The Minister of Housing and Urban Development, Ahmed Dangiwa, has revealed ambitious plans for Nigeria's housing sector. Dangiwa announced that the ministry plans to increase formal land transactions nationwide by…
NACCIMA Criticizes Federal Government’s Plan to Impose Taxes on Free Trade Zones
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised concerns regarding federal tax reforms. The Nigeria Tax Bill 2024 proposes minimum tax rates and removing…