There is an urgent need for the Nigerian Government and other stakeholders of the oil and gas industry to intensify efforts in the promotion of quality petroleum education and development of competent manpower who would help Nigeria meet the challenges of the ongoing energy transition and
BUSINESS
…to begin disbursement of $40m Women Fund The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to set a minimum percentage of females that must be included in any human capacity development (HCD) programme or initiative that it will approve for the Nigerian Oil and Gas Industry. The Executive Secretary of NCDMB, Engr. […]
Ogun State Internal Revenue Service (OGIRS) will soon begin a Tax Audit of Consumption Tax exercise dating back to six years across the State. The Executive Chairman OGIRS, Mr. Olugbenga Olaleye disclosed this during a meeting with stakeholders on Hotel Occupancy and Consumption Tax at Obas’ Complex, Oke-Mosan, Abeokuta. Olaleye, in a statement signed by […]
The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N173.08 in May. This is according to the NBS Premium Motor Spirit (Petrol) Price Watch for May, 2022 released in Abuja on Saturday. The report said the increase indicates a 2.99 per cent increase when compared […]
By Margaret Izuora Experts in the nations financial sector have identified gaps in the set objectives by the Central Bank of Nigeria, CBN, to significantly reduce the number and percentage of adult Nigerians who are excluded from the formal Financial System of the country. Speaking at the inaugural conference of Oriental News Nigeria with theme […]
BudgIT has commends the Federal Government’s performance and huge improvement in the recently released 2021 Open budget survey (OBS) by the International Budget Partnership (IBP). The survey, which was conducted in 120 countries including; Nigeria, Benin Republic and The Gambia made the league of the biggest improvers in the Open Budget Index, specifically on transparency,
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