Buhari to present revised N16.4 trillion 2022 budget on Thursday
By Bassey Udo After seeking an upward review of the Federal budget from N13.98 trillion to N16.45 trillion, President Muhammadu Buhari is to present the proposed 2022 fiscal appropriation to…
PIB: Nigerian governors want ownership of NNPC transferred to NSIA
MEDIATRACNET The governors of the 36 States of the Federation want the proposed ownership structure of the Nigeria National Petroleum Corporation (NNPC) in the draft Petroleum Industry Bill (PIB) currently…
Electoral Act amendment: Exclusion of e-transmission of election results not in Nigerians’ interest –IPAC
MEDIATRACNET The exclusion of electronic transmission of election results from the final version of the Electoral Act amendment Bill expected to be passed into law by the National Assembly this…
Again, NASS passes PIB; cuts provision for host communities development from 5 to 3%
Again, the two Chambers of the National Assembly on Thursday passed the draft Petroleum Industry Bill (PIB) into law, bringing closer home the birth of a new legal and regulatory…
PIB: Reps prioritizing host oil communities’ petitions, says Committee Chair
MEDIATRACNET The long awaited passage into law of the Petroleum Industry Bill (PIB) by the National Assembly will become a reality soon, the Chairman of the House of Representatives Committee…
FIRS mandate does not cover granting tax waivers to local, foreign investors, says Nami
MEDIATRACNET The mandate of the Federal Inland Revenue Service (FIRS) spelled out in the FIRS Act does not cover granting waivers and tax breaks to local or foreign investors in…
Rice Processors accuse Senate of suporting smugglers to frustrate local production
Recent directive by the Senate to the Nigeria Customs Service (NCS) to return to their owners seized consignments of foreign rice smuggled into the country constitutes a tacit support by…
BPE DG unfolds six-point agenda for fresh 4-year mandate
The Bureau for Public Enterprises (BPE) says its priority in the next four years would focus on encouraging more private sector operators to invest in critical sectors of the Nigerian…
Reps South-South caucus proposes equity stake for oil, gas industry host communities
The South-South caucus in the House of Representatives is demanding for the host communities in the oil and gas industry to granted equity stake to participate in the exploitation and…
PIB: South-South governors demand 10% for oil host communities
To guarantee a peaceful environment for the exploitation and production of crude oil in the country, South-South Governors, on Tuesday, formally tabled a demand for the immediate upward review of…