FIRS boss, Nami says Road Infrastructure Tax Credit Scheme is one of FG’s greatest innovations

The Road Infrastructure Tax Credit Scheme has been described by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami as one of the greatest innovations of the Federal government in its resolve to tackle Nigeria’s infrastructure deficit.   The scheme which provides for public-private partnership intervention in the construction, refurbishment and maintenance of critical road infrastructure in the country with participants being entitled to Tax Credits against their future Companies Income Tax was the subject of debate at the Senate Stakeholder and Public Hearing on the 2023…

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Lawyer counters convicted fake Army General’s mother claims of illegal property take over  

A lawyer and human rights activist, Chief Abdullai Tony Dania, has debunked allegation made by the mother of convicted fake Army General, Bolarinwa Abiodun accusing the Economic and Financial Crimes Commission (EFCC) of forcefully taking possession of her family house. Mrs.Adetona Funke Adebowale, an octogenarian and mother of convicted fake Army General, Bolarinwa Abiodun, had accused the EFCC of taking possession of her family house. Her son, Bolarinwa, was convicted, and sentenced to seven years imprisonment, by Justice Oluwatoyin Taiwo of the Special Offences Court, Ikeja, Lagos, on July 7,…

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Court orders Seplat to pay $2,112,500m debt to service providing firm

An Ikeja High Court of Lagos State, has ordered one of the foremost oil and gas exploration company in Nigeria, Seplat Petroleum Development Company Plc, to pay an outstanding indebtedness of $2,112,500 million USD, an equivalent of N1,499,875,000 billion, to an oil servicing company, ABM Global Resources Limited. Justice Owolabi Alls Dabiri who presided over the court, made the order, while delivering judgement in a debt recovery suit instituted by ABM Resources Limited against Seplat Petroleum Development Company Plc in a suit numbered LD/2457GCMW/2016 ABM Resources Limited in a bid…

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