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New revenue formula ready before end of 2021 – RMAFC

Daily Dispatch June 28, 2021

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disclosed that a new Revenue Allocation Formula (RAF) will be ready before the end of 2021. RMAFC made this disclosure on Monday in statement it issued in Abuja. According to the Commission; “arrangements to fully commence

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Osinbajo blames corruption for poor contract negotiations in Nigeria

Daily Dispatch June 28, 2021

Vice-President Yemi Osinbajo on Monday blamed corruption and lack of transparency, among other factors, for poor contract negotiations in Nigeria. The Vice President made the comment while addressing a two-day capacity building workshop for negotiators. The workshop, organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in Abuja, seeks

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Nigeria’s population is becoming a liability – Obasanjo

Daily Dispatch June 27, 2021

Former president Olusegun Obasanjo has warned against population explosion in the country. Obasanjo said Nigeria’s population is becoming a liability due to its improper management, saying, except something urgent is done, Nigeria may be declared the third largest country in 2050. The former president called for population management in the face of the geometric population

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Breaking: Fuel scarcity looms as IPMAN threatens to shut down filling stations

Daily Dispatch June 27, 2021

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated plans are underway by its members to shut down all filling stations across the country. IPMAN warned it might also cut down supplies from Tuesday should the Federal Government and Inspector General of Police fail to address alleged illegalities perpetrated by the Police Force. National […]

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What happened when a cobra came to my office, by Oyedepo

Daily Dispatch June 27, 2021

Founder of the Living Faith Church International (Winners Chapel), Bishop David Oyedepo, has recounted what happened when a cobra came to his office. He said for seven hours, the cobra was in the office while he worked without being able to hurt him. Oyedepo,in a YouTube video, attributed this to his love for God, saying […]

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How FG will tax profits made by Global Tech Giants in Nigeria – Osinbajo

Daily Dispatch June 27, 2021

Nigeria is set to utilise its legal provisions that empower the Federal Government to collect taxes on profits made in the country by global technology and digital firms not based in the country, but with a significant economic presence here. Vice President Yemi Osinbajo, (SAN) made this known on Friday, while interacting with a delegation […]