Monday, May 18, 2009

[News Update] Auditor-Gen Refuses to Vacate, as AGF Warns Banks on E-Payment



Latest

 

Outgoing Auditor-General Lobbies for Extension

The staffs of the Office of the Auditor General of the Federation are in pensive moods over the purported desire of the out-going Auditor-General, Mr. Robert Ejenavi to foist an outsider to take over from him or have his tenure extended instead of recommending  directors in the office , Economic Confidential gathered... Read

 

No Going Back on E-Payment- AGF

The Accountant General of the Federation, Mal. Ibrahim Hassan Dankwambo has reiterated that the government would not reverse the E-payment system introduced in January 2009 for transactions in government businesses. He made the disclosure at the inauguration of Bank's Committee on E-payment... Read

 

Four governors Tour US to Study Governors' Association

As part of the steps towards repositioning the Nigeria Governors Forum, four Nigerian governors undertake a tour of the United States to familiarize themselves with the workings of the National Governors' Association in that country... Read

 

FIRS Seals Two Oil Companies Over $610m Tax Arrears

The Federal Inland Revenue Service, FIRS in Lagos , sealed up the offices of two oil companies: Continental Oil and Gas and Con Oil Producing Limited over tax arrears totaling $610.6 million dollars... Read

 

Firms Owed Govt N260b in Taxes

The Federal Government is owed a colossal sum of over N260 billion and over $260 million in Withholding Tax (WHT), Pay As You Earn (PAYE) and Value Added Tax (VAT) by companies, institutions, and ministries, departments and agencies ( MDA s), the Finance Minister of State, Mr. Remi Babalola  revealed during the annual tax conference of the Chartered Institute of Taxation of Nigeria ( CITN ), where he described the debt as unacceptable to the government and must be recovered... Read

 

Group Calls for Affordable Legal Education

With the global economic recession hitting harder on average Nigerians, the heat is fast taking its toll in different dimensions as reflected in the exorbitant fees Nigerian law students seeking admission to the Nigerian Law School and the high level commercialization of legal education in Nigerian universities... Read

 

More stories in www.economicconfidential.com

 

 

FEATURES/ESSAYS

You can also read the following articles/essays submitted to the Economic Confidential from the Home Page: www.economicconfidential.com

 

Ø  Quota System will Abolish Nigeria – By Chinedu Vincent Akuta

Ø  Labour and Minimum Wage Expectations - By Les Leba

Ø  The Politics of Fuel Scarcity and Re-Deregulation in Nigeria  By Kola Ibrahim

Ø  Reforming the Nigeria Customs Service - By Dr. Mansur Muhtar

Ø  Boosting Revenue through Non-Oil Taxes -By Remi Babalola

Ø  Power Sector: From Positive Perspective - By Segun Imohiosen

 

 

Economic Confidential

Factual, Authoritative and Accesible
Nigeria's Economic Magazine

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Sharing factual, timely and authoritative economic news, analyses and data, especially on Nigeria's economy from reliable sources.
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