– The Sun News
  • Paradise Papers: FG to investigate Nigerian users of offshore tax havens

    The Minister of Finance, Mrs Kemi Adeosun, on Tuesday said that the government would investigate high net-worth individuals and companies who frequently used offshore tax havens. Adeosun said this in an interactive session with the media on Tuesday in Abuja, while responding to questions on the use of offshore jurisdictions with favourable tax laws. She…

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  • Breakdown of 2018 Budget Estimates

      Budget size: N8.612 trillion (16 % higher than 2017 estimates) Assumptions, projections ================== • Benchmark crude oil price-US$45 per barrel • Oil production estimate – 2.3 million barrels per day • Exchange rate – N305/US$ for 2018 • Real GDP growth of 3.5 per cent • Inflation Rate of 12.4 per cent Expenditure Estimates…

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  • Plateau reverses ‘No work, no pay’ policy, pays worker arrears

    The Plateau Government on Tuesday commenced payment of workers in 17 councils of the state who suffered the no-work-no-pay policy of former Governor Jonah Jang. Jang had  in 2014, refused to pay workers four months’ salaries when they went on strike in protest over non-implementation of payment of their minimum wage during the period. Mr…

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  • Trump: North Korea must ‘come to the table’ for talks

    North Korea must “make a deal” on abandoning its nuclear weapons, US President Donald Trump said, taking his most conciliatory tone yet with Pyongyang after months of inflammatory threats.    While Trump’s comments on Tuesday from Seoul, South Korea, appeared to be the first offer by the US president for Pyongyang’s leadership to sit down…

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  • Dogara advocates improved synergy between executive, legislature

    The Speaker of the House of Representatives, Mr Yakubu Dogara, has called for improved synergy between the legislature and the executive to ensure speedy passage of the 2018 Appropriation bill. Dogara made the call during the president’s presentation of the 2018 budget proposal before the joint session of the two chambers on Tuesday in Abuja….

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  • Mugabe widens purge, clearing wife’s succession path

    Zimbabwean President Robert Mugabe’s sacking of his Deputy Emmerson Mnangagwa was part of a wider purge, state media said on Tuesday, while analysts say it was meant to neutralise any resistance to the political rise of his wife, Grace. Mugabe sacked his long-time ally, Mnangagwa, on Monday, for showing “traits of disloyalty”, abruptly removing a…

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  • FOR THE RECORDS: Full text of Buhari’s 2018 Budget presentation at the NASS

    2018 BUDGET SPEECH: BUDGET OF CONSOLIDATION    Delivered by:   His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja  Tuesday, 7TH of November 2017 PROTOCOLS 1.            I am here to present 2018 Budget Proposals. Before presenting the Budget, let me thank all of you Distinguished…

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  • Kano NDLEA destroys 54.22 metric tons of drugs

    From: Desmond Mgboh, Kano The Kano Zone of the National Drug Law Enforcement Agency (NDLEA), on Monday night, destroyed a total of 54,244,639 kilograms of narcotic and psychotropic substance. The exhibits, which were seized by both the Mallam Aminu Kano International Airport (MAKIA) Command and the Kano State Command of the Agency between the period…

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  • National unity: Nigerians must continue to discuss – US

    From: Magnus Eze, Abuja United States of America Ambassador to Nigeria, Stuart Symington, has reiterated his country’s belief in the unity of Nigeria, even as he said Nigerians should be free to discuss issues affecting them. This was as Governor Abdullahi Ganduje of Kano State said Nigerians must respect the diversity of the country. In…

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Online Editor: Aderonke Bello
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