By Blaise Udunze Could it be said that Nigeria’s true identity today represents a country suffering and grappling with soaring inflation, mass unemployment, failing public infrastructure and multidimensional poverty despite almost three decades of enormous public revenue inflows? With the look of things, one question therefore deserves urgent national attention. Without missing any words, what…
By Adewole Kehinde Frequent attacks on oil pipelines are worrisome due to its devastating environmental effects. It destroyed arable land for agriculture and caused economic losses in terms of revenue to the government. The sabotage of oil installations and the resultant repairs of pipelines have depleted Nigeria’s income around N898.93bn in 2021 according to a…
The Senate has faulted the Nigerian National Petroleum Corporation for under remitting the sum of N3,878,955,039,855.73 trillion revenue from domestic crude oil sales to the Federation Account for the period of January to December, 2015. Accordingly, the upper chamber called on the Corporation to desist from further deduction at source as this contravenes Section 162(1)…