LAGOS URGES HOTELIERS, EVENT CENTRES TO EMBRACE NEW TAX PAYMENT SYSTEM …Launches Electronic Means To Ease Compliance, Remittance Process

Lagos State Government on Thursday launched a new regulation for the fiscalization of the Hotel Occupancy and Restaurant Consumption Tax Law, with a charge on stakeholders in the hospitality industry to embrace the initiative designed to put efficient machinery in place to enhance collection process and ensure compliance.   Speaking at a stakeholders’ meeting held…

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Double Trouble: 9mobile Crisis Deepens

The crisis rocking Telecommunications Company, 9mobile has taken a new twist as telecommunications giant, Globacom, has distanced itself from media reports which insinuated that it was the preferred bidder to acquire 9Mobile.   A statement from Globacom reads that “We are bound by the terms of the acquisition process as stipulated by the authorities handling…

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Benue Elders Set for Showdown with Buhari

The elders and traditional rulers of Benue State have shown signs of being pushed to the wall by daring President Muhammadu Buhari for a showdown. On Monday, 15 February, President Buhari had an emergency meeting with a delegation of Benue political leaders, traditional rulers and elders led by Governor Samuel Ortom at the Presidential Villa,…

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Razaq Okoya: The Story of an Enigma

It was torrents of good wishes and encomiums as Chief Razaq Akanni Okoya celebrated his 78th birthday a few days ago. President Muhammadu Buhari was one of the eminent personalities around the globe that sent congratulatory messages to the enigma and top industrialist on his special day.   President Buhari describe the Chairman of Eleganza…

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Power Sector Failed in 2017, Fashola Admits

The Minister for Power, Works and Housing, Babatunde Raji Fashola, has tactically admitted that his ministry failed Nigerians by not living up to expectations in 2017. The former Governor of Lagos State confirmed that power ministry did not implement any capital project in the 2017 budget. He made this disclosure on Wednesday, 17 January, when…

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