News

FIRS Targets N4.5trn Revenue In 2016

BEVERLY HILLS, November 24, (THEWILL) – The Federal Inland Revenue Service (FIRS) has said it is targeting N4.5 trillion in 2016. FIRS acting executive chairman, Babatunde Fowler, made the revelation on Tuesday during his screening by the Senate Committee on...

Wada Sacks 15 Council Chairmen For Defecting To APC

BEVERLY HILLS, November 24, (THEWILL) – Governor Idris Wada of Kogi Tuesday removed 15 chairmen of local governments from office for defecting to the rival All Progressives Congress (APC). A statement in Lokoja by the Permanent Secretary in the Ministry...

Economic Downturn: Brace Up For More Challenges In 2016 – Fayose

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BEVERLY HILLS, November 24, (THEWILL) – Ekiti State governor, Mr. Ayodele Fayose, has said with the continued downward trend in the price of crude oil in the international market, except by God's intervention, Nigerians should brace up for more...

Former Officials Voluntarily Returning Part Of Stolen Funds – Buhari Tells Nigerians in Iran

BEVERLY HILLS, November 24, (THEWILL) – President Muhammadu Buhari has said that some former government officials have started voluntarily returning to the Federal Government’s coffers, part of the public funds they acquired illegally. President Buhari said this Tuesday during an...

#KogiDecides: INEC Says Will Conduct Supplementary Election On December 5, Asks APC To Replace Audu

BEVERLY HILLS, November 24, (THEWILL) – The Independent National Electoral Commission (INEC) Tuesday announced that it would conduct supplementary elections for the inconclusive Kogi State governorship election on December 5, 2015, the same day as the governorship election in...

CBN Cuts Interest Rate

Nigeria’s Central Bank on Tuesday cut policy interest rate for the first time in almost four years. At the end of its two-day rate setting meeting, the CBN Chief, Godwin Emefiele announced a 2 points cut to 11% in headline...

2016 Budget: Dogara Seeks Additional Funding For IDPs

BEVERLY HILLS, November 23, (THEWILL) – Speaker of the House of Representatives, Yakubu Dogara, on Monday urged President Muhammadu Buhari to ensure adequate budgetary provision for the resettlement of millions of internally displaced persons (IDPs) in the 2016 budget...

Buhari Appoints Aziz As NIMC CEO, Replaces Onyemenam

BEVERLY HILLS, November 23, (THEWILL) – President Buhari has approved the appointment of Aliyu Aziz as the new director-general and chief executive officer (CEO) of the National Identity Management Commission (NIMC). AbdulHamid Umar, NIMC's general manager, corporate communications, announced the...

Tax Revenue To Double In 12 Months – FIRS

BEVERLY HILLS, November 23, (THEWILL) – The Federal Inland Revenue Service (FIRS) said Monday that tax revenue would double in the next 12 months if all stakeholders cooperate adequately. The current petroleum profit tax is N1 trillion down from N3...

INEC To Apply Legal Provisions On Kogi Governorship Election

BEVERLY HILLS, November 23, (THEWILL) – The Independent National Electoral Commission (INEC) on Monday said it would apply available legal provisions on the recent development over Saturday’s governorship election in Kogi State. Deputy Director of Publicity of the commission, Mr....