FG rates NPA 100% on PEBEC ranking
Photo Credit: Vanguard Newspapers
The Federal Government’s Presidential Enabling Business Environment Council, (PEBEC) has scored the Nigerian Ports Authority (NPA) 100% in performance on the ease of doing business in Nigeria.
This was made known at the just concluded PEBEC cohort #3 program.
The recognition was given as a result of the NPA’s dedication to driving reforms.
Photo Credit: Google
Terrorists ambush police officers, kill five in Katsina
Photo Credit: Vanguard Newspapers
Five policemen lost their lives in an encounter with bandits in Jibia LGA, Katsina State after falling into an ambush.
The incident occurred last Sunday while the officers were returning from their duty post in Zandam village to Jibia council headquarters.
According to reports, four of the officers were killed at the scene of the attack. The fifth officer died while receiving treatment at the Federal Teaching Hospital, Katsina.
South-East Governors to meet Tinubu over Nnamdi Kanu, other issues
Photo Credit: P.M. News
The South-East Governors has resolved to interface with the President Bola Ahmed Tinubu over the release of the detained Leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu and other issues affecting the region.
These are contained in a communique issued and signed by the South-East Governors Forum at the end of its meeting in the Government House, Enugu.
The governors are Alex Otti of Abia, Hope Uzodimma of Imo, Charles Soludo of Anambra and Francis Nwifuru of it Ebonyi States while Enugu State Gov. Peter Mbah is the host.
FG exempts SMEs, farmers, manufacturers from withholding tax
Photo Credit: Vanguard Newspapers
The Federal Government has approved the exemption of small businesses, manufacturers and farmers from paying withholding tax as a way of reducing the tax burden on businesses.
It also introduced key changes to the previous tax regime, such as reduction of rates for businesses with low margins and measures to curb evasion.
Withholding tax is a method of collecting income tax in advance, deducted at rates ranging from five per cent to 10 per cent, based on the transaction.