Court adjourns MTN Nigeria case against AGF’s office to December 3

A court case between MTN Nigeria and Nigeria’s attorney-general’s office over a $2 billion demand in back taxes by the federal government has been adjourned till December 3. At the Federal High Court in Ikoyi, the government, in the preliminary objection, which it filed Wednesday, asked the court to strike out the telecom giant’s case […]

Nigeria’s public procurement agency to deploy digital technology for processing, classification of contractors

Mamman Ahmadu, director general of Nigeria’s Bureau of Public Procurement (BPP), has indicated that the agency is working towards eventual digitisation of all its procurement processes and classification of all contractors in line with global best practices. Ahmadu noted that the whole world is going “E” in the public procurement process, adding that Nigeria has […]

Payers to bear cost of transfers to MDAs on Nigeria’s TSA

Effective November 1, 2018 the service charge on all payments to ministries, departments and agencies [MDAs] would be borne by the payer, the Nigerian government has indicated, as it commences a new Treasury Single Account [TSA] fee regime. In line with global best practices and amidst dwindling revenues, the federal government has approved a new […]

Delta to boost economy with N210bn capital spending in 2019

Okowa presents N367bn fiscal proposal   Ifeanyi Okowa the governor of Delta State Thursday, presented a budget proposal of N367 billion to the state house of assembly for the 2019 fiscal year. The 2019 budget proposal which is the first from a state governor is 19 percent higher than the N309 billion budget size for […]