Reps Committee Summons 11 Discos Over N2.6 Trillion Debt to Federation Account

The House of Representatives Public Accounts Committee has summoned 11 electricity Distribution Companies (Discos) to appear before it over an outstanding debt of N2.6 trillion owed to the federation account. The resolution was reached on Wednesday during an investigative hearing chaired by Representative Bamidele Salam, following a review of the 2021 Auditor General’s report. The…

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Okanlomo title: Nigerians await Alaafin’s next move as 48-hour ‘royal ultimatum’ expires today

The last 48 hours have witnessed different reactions and opinions from Nigerians, particularly among the Yoruba people of the South-West, following a statement released by the office of the Alaafin of Oyo, Oba Abimbola Akeem Owoade, on Monday. Contents‘Royal ultimatum’: Nigerians reactRoyal battle: The genesisAlaafin’s 48-hour ultimatumOoni’s aide fires backPan-Yoruba chieftaincy title: A blast from…

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Tinubu Removes 5% Telecoms Tax— NCC

The duty, which applied to mobile voice and data services, had sparked significant backlash from both industry stakeholders and consumer advocacy groups. President Bola Tinubu has permanently abolished the controversial 5% excise duty on telecommunications services, a move aimed at easing financial pressures on consumers and businesses in Nigeria’s digital economy. The announcement was made…

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