Trust Africa News

Nigeria can earn N600bn from tobacco, alcohol tax hike – World Bank

Amarachi Orjiude and Sami Olatunji, Abuj The World Bank has said Nigeria can generate N600bn annually by increasing the excise duties on tobacco and alcohol as recommended in the National Development Update report. A Senior Tax Specialist of the bank, Rajul Awasthi, said this on Thursday at a virtual discussion on domestic revenue mobilisation. According…

Read Full News

Reps quiz Polaris MD over $224m NNPC alleged hidden account

Leke Baiyewu and Okechukwu Nnodim The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, on Thursday, grilled the Acting Managing Director, Polaris Bank Limited, Innocent Ike, over…

Read Full News

Ondo university students protest over rape, armed robbery by hoodlums

Students of Olusegun Agagu University of Science and Technology (OAUSTECH), Okitipupa, Ondo state on Thursday grounded academic activities over incessant robbery and rape of female students by hoodlums. Newsmen report that the students partially blocked the Okitipupa-Igbokoda expressway, impeding free-flow of traffic to register their grievances. Mr Damilola Okunomo, President, Student Union Government of the…

Read Full News

Tinubu hails Gbajabiamila at 59, Sanwo-Olu at 56

Our Reporter All Progressives Congress (APC) National Leader Asiwaju Bola Ahmed Tinubu has joined others in celebrating House of Representatives Speaker Femi Gbajabiamila and Lagos State Governor Babajide Sanwo-Olu. × The APC stalwart’s message was contained in his separate messages congratulating Gbajabiamila at 59 and Sanwo-Olu, who turns 56 today. The messages, signed by his…

Read Full News