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FIRS Project N5.9trillion for 2021 revenue
The Federal Inland Revenue Service, FIRS, has placed their revenue projection for 2021at N5.9 trillion. FIRS Chairman Mohammed Nami, made this disclosure in a meeting with the House of Representatives Committee on Finance on the Service’s 2021 budget defence and consideration of its proposed Revenue and Expenditure Estimates. Nami said, out of the proposed figure,…
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PenCom Recovers N553.03 Million From Defaulters
The National Pension Commission has said it recovered ₦553.03 million from defaulting employers who deducted their workers monthly emoluments but failed to remit to their Retirement Savings Accounts with their respe ctive pension fund administrators. PenCom disclosed this in its monthly report for the fourth quarter of 2020 saying that out of this amount, the…
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UPDATE: 18 Countries Suspend Use Of AstraZeneca Vaccine
No fewer than 18 countries have suspended the use of the Oxford/AstraZeneca vaccine administration across the world after reports of blood clots in people vaccinated were reported. The suspension is coming despite the World Health Organisation(WHO) and European regulators expressing confidence in its safety. Twentyten had earlier reported that 9 countries suspended the administration of…
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2021 Week 11: Weekly Record Drops To Over 1,000
The number of COVID-19 cases recorded in the eleventh week of 2021 totalled 1,463. This is a drop from over 2,000 and 3,000 cases recorded in week 10 and week 9 consecutively. The average number of cases recorded per day. At the beginning of the week, 399 cases were recorded on Friday. This subsequently dropped to…
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Q4 2020: Nigeria’s Unemployment Rate Rise To 33.3%
Nigeria’s unemployment rate at the end of 2020 increased by 6.2 percent in the fourth quarter from 27.1 percent recorded in the second quarter of 2020. The increase, 33.3 percent, indicates that about 23,187,389 (23.2 million) Nigerians remain unemployed in the fourth quarter. This is according to the recently released labour force report published by…
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SERAP Calls For Probe On Missing $1 billion Arms Fund
The Socio-Economic Rights and Accountability Project, and Transparency International have called for the probe of National Security Adviser Babagana Monguno’s allegation by anti-graft agencies. Monguno, in an interview with the Hausa Service of the British Broadcasting Corporation, alleged that $1 billion arms funds went missing under the watch of the immediate-past service chiefs. He added…
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21 States Agree, 6 States Disagree to Livestock Grazing Program
20 state governments and the Federal Capital Territory, Abuja, have agreed to donate lands to be used as grazing reserves for heardsmen under the National Livestock Transformation Programme. Of the 20 states are 17 northern states and three southern states, Ebonyi, Ekiti and Ondo – who signed up for the program. However, six state governments:…
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Covid-19: Nine Countries Suspend Use Of Oxford-AstraZeneca Vaccine
About nine countries have suspended the use of the Oxford-AstraZeneca covid-19 vaccine after reports of blood clots. The nine countries—Norway, Iceland, Austria, Estonia, Lithuania, Luxembourg, Italy, Latvia and Denmark have temporarily suspended use of the vaccine as a precautionary move after reports of blood clots and one death. The decisions are a setback for Europe’s…
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Survey: 17% Enterprises Still Closed Due To COVID-19 Effect
The National Bureau of Statistics has revealed that about 17 percent of non-farm enterprises have remained shut due to the adverse effect of COVID-19 as of December 2020. The NBS disclosed this in its ‘COVID-19 impact monitoring report’ for November/December 2020. Part of the report read on non-farm enterprise read, “Even with respondents back at…
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10million Girls At Risk Of Child Marriage Over The Next Decade
The United Nations Children’s Fund has said over the next decade, up to 10 million more girls will be at risk of becoming child brides as a result of the pandemic. UNICEF’s projection was tied to the increases through various pathways, including economic shocks, school closures and interruptions in services. Worldwide, an estimated 650 million…