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Nigeria piles up N2.36tn debt stock in three months Nigeria’s total public debt stock rose from N33.11tn as of March 31, 2021, to N35.47tn as of June 30, 2021. This shows an increase of N2.36tn or a 7.13 percent increase within the three-month period. The Director-General of the Debt Management…

PUNCH Experts, Others Carpet National Assembly As Buhari Plans $4bn, €710m Borrowings Financial experts, as well as Civil Society Organisations Tuesday warned the National Assembly to stop working against Nigerians in process of approving loans for the President Muhammadu Buhari-led government. The president is seeking approval on fresh external loans…

THE PUNCH: VAT: Five northern states, two South-West, two South-South among top beneficiaries Five northern states, two south-western states, two south-south states, and one south-eastern state collected a total of N373.84bn of the N836.51bn Value Added Tax allocation available for states in 14 months. This is according to the latest…

PUNCH VAT amendments: NBA, SANs caution National Assembly, fault FIRS planned revenue court The Nigerian Bar Association and prominent senior lawyers, on Thursday, warned the Federal Inland Revenue Service and the National Assembly against any illegality in their bid to amend the Value Added Tax law in the country. Ohanaeze…

PUNCH Fear Grips Ogun Community As 25 Die Of Cholera No fewer than 25 persons from cholera outbreak in Magboro in the Obafemi-Owode Local Government Area of Ogun state between Monday and Tuesday. States To Submit PIA Proposed Amendments At Next FAAC Meeting A six-member committee set up last month…

PUNCH Increasing Spending: FG’s Three-Year Deficit Hits N15.4tn Amid Revenue Crisis Statistics obtained from the Budget Office of the Federation have shown that within a three-year period covering July 2018 to June 2021, the Federal Government recorded a fiscal deficit of N15.35tn, The Punch reports. Delta Court Judgment: No going…

PUNCH Compulsory vaccination: NMA, JOHESU kick as FG threatens sanction The Federal Government, on Tuesday, hinted that it might sanction anybody who refused to take COVID-19 vaccines after they had been made available to all Nigerians. PDP leaders visit Jonathan, beg ex-president to stay The acting National Chairman of the…

ASUU threatens fresh strike, gives FG Tuesday ultimatum THE Academic Staff Union of Universities has expressed its readiness to embark on another round of industrial action following what it called the failure of the Federal Government to implement an agreement signed with the union. The union is giving the government…

PUNCH Insecurity: Sit up, Sultan, Ortom, others tell FG, bandits may take over Villa, gov warns Prominent Nigerians, including the Sultan of Sokoto and President-General, Nigerian Supreme Council for Islamic Affairs, Alhaji Sa’ad Abubakar III, on Thursday, advised the Federal Government to sit up and urgently address the rising insecurity…

Grazing reserves: Presidency knocks Ortom, calls governor serial defector THE Presidency on Wednesday accused Benue State Governor, Samuel Ortom, of using sectarian language similar to that of the Rwandan Genocide of 1994, while reacting to the security challenges in his state. It also said the people of the state deserved…