Tag: governors

News

Governors, tax reform committee agree on revised 50% VAT equality

Nigerian governors have approved a revised Value Added Tax formula, which allocates 50% based on equality, 30% on derivation, and 20% on population, marking a significant breakthrough in negotiations. After weeks of controversy, governors from the 36 states and the Presidential Tax Reform Committee reached an agreement on Thursday regarding the modalities for sharing the […]

NLC Northwest Zone suggests N485,000 minimum wage for labourers
News

Govs make mockery of minimum wage — NLC

By Wilson Adekumola   The Nigeria Labour Congress, has disclosed that governors have made a mockery of what a national minimum wage should be in Nigeria by reducing it to their own definition of what they are willing to pay workers. The NLC General-Secretary, Emma Ugboja made this disclosure while speaking in an interview on […]

Senate ask CBN to extend deadline of new naira note
Uncategorized

We are not against Naira redesign – Govs

The 36 states governors of Nigeria has called on the Central Bank of Nigeria (CBN) to effect the changes in its naira redesign policy to address the differences in various states. “Governors are not opposed to the objectives of the naira redesign policy, but observed that there are huge challenges that remain problematic to the […]

IGR
featured News

How governors can improve IGR – Commission

The Fiscal Responsibility Commission has advised state governors across Nigeria to develop revenue-generating mechanisms in their respective states. The commission’s Executive Chairman, Victor Muruako, said it was important for governors to exploit their ingenuity in preparing for post crude oil revenue era. Muruako gave the advice on Tuesday during the opening of a three-day technical […]