Politics
NIPC Grants Tax-Holidays To 34 Companies In 2023 To Boost Foreign-Investments (Details)
The Nigerian Investment Promotion Commission (NIPC) has approved tax holidays for 34 companies seeking tax incentives and waivers under the Industrial Development Income Tax Act in 2023….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Lovina Kayode, the Head of Incentives Administration, disclosed this during an end-of-the-year press briefing in Abuja. The move is aimed at boosting foreign investments into the country.
Despite concerns over the high amount of revenue lost to tax incentives and waivers, the NIPC emphasized that the process is stringent, with the involvement of the parent ministry and the federal inland revenue service to ensure that the incentives are granted to deserving companies.
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The Ultimate Global Education Goldmine: FG Drops Massive Bombshell On How Nigerians Can Secure Fully-Funded 2027 Commonwealth Master’s And PhD Scholarships!.
The Federal Government, through the Federal Scholarship Board under the Federal Ministry of Education, has commenced the application process for the 2027 Commonwealth Master’s and PhD Scholarships, targeting eligible Nigerian students pursuing higher education in the United Kingdom.....KINDLY READ THE FULL STORY HERE▶
Key eligibility criteria vary by study level:
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Master’s Candidates: Must hold a first degree with a minimum of a Second Class Upper Division.
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Doctoral Candidates: Must possess a relevant Master’s degree alongside at least a Second Class Lower Division in their undergraduate degree.
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Institutional Requirements: Applicants across both categories are required to secure admission into a minimum of two UK institutions, while PhD applicants must additionally secure a supporting statement from a prospective supervisor at their chosen UK university.
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National Service: Providing evidence of participation in the National Youth Service Corps (NYSC) is mandatory.
Candidate selections will be evaluated based on academic merit, the development impact upon completion, and the overall quality of the study plan.
Application Procedure:
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Online Submission: Candidates must register and complete their forms via the Electronic Application System (EAS) portal on or before October 20, 2026.
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Required Documentation: Scanned copies of passport photographs, academic transcripts, birth certificates, and official admission letters from eligible UK institutions must be uploaded. Foreign certificates require official translation and evaluation documentation.
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Post-Submission Step: Applicants must generate a PDF version of their completed form, downloading and printing a single hard copy to present at the interview venue.
Furthermore, applicants are advised to align their study proposals with Nigeria’s core developmental priority sectors, which encompass education, health, economic growth and the private sector, governance and conflict, climate and environment, water and sanitation, engineering, science and technology, food and nutrition, and humanitarian disasters and emergencies.
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Breaking Silence: Former Governor Peter Obi Fires Back With Astonishing Proof Of How He Saved Anambra Millions On Governance Expenses!.
The 2027 presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has detailed the specific financial strategies he implemented to minimize the cost of governance during his tenure as the governor of Anambra State. Obi highlighted that he systematically bypassed extraneous expenditures and deliberately curtailed the extensive entourages typically maintained by high-ranking public officeholders. These remarks were made public through an official statement released on Monday.....KINDLY READ THE FULL STORY HERE▶
The NDC flag bearer emphasized his strict refusal to accept inflated cost estimates for the structural renovation and rehabilitation of his official quarters and workspaces, noting that actual execution expenses were fractionally lower than the initial projections:
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The official allocation designated for refurbishing his administrative office stood at ₦298 million, yet he successfully finalized the entire project for a significantly reduced sum of ₦48 million.
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Similarly, the initial financial budget projected for renovating his residential property was slated at ₦486 million, but the rehabilitation was comprehensively completed for only ₦81 million.
Furthermore, Obi addressed the substantial expenditures usually tied to official gubernatorial travels, pointing out his strict adherence to frugality by operating without the customary large retinue of aides and associates. Standard governance protocols often permit a governor to travel alongside delegations consisting of up to 30 individuals, but Obi bypassed this convention entirely. Throughout his cumulative years in office, he utilized less than 16 percent of his allocated travel allowance because he traveled independently, explaining that external invitations were extended exclusively to him rather than an accompanying delegation. Concluding his remarks, Obi stressed that Nigeria’s scarce national resources must be judiciously channeled into productive economic sectors capable of driving tangible improvements in the standard of living for everyday citizens.
Ebonyi State Governor, Francis Nwifuru, has launched a scathing counter-attack against popular socialite and businessman, Pascal Okechukwu, widely known as Cubana Chief Priest, following public criticism of his administration.....KINDLY READ THE FULL STORY HERE▶
Addressing an All Progressives Congress (APC) rally on Sunday, Governor Nwifuru responded to Chief Priest’s recent demand for his resignation, which was based on allegations of poor performance.
Cubana Chief Priest had previously questioned how Governor Nwifuru could have spent nearly three years in office without delivering major, impactful projects in Ebonyi State. The socialite further asserted that Ebonyi is the only state in the South-East yet to see significant development, attributing this to leaders who are “not wise enough” and are “living in the past.” Chief Priest has been actively campaigning for the Peoples Democratic Party (PDP) governorship candidate, Ifeanyi Odii, for the upcoming February 2027 election.
Dismissing the criticism, Governor Nwifuru stated that he has no time for Cubana Chief Priest, labeling him a “noisemaker” and a “nobody.”
The governor remarked: “I don’t have time for Cubana Chief Priest. He’s a noisemaker and a nobody. But if i remember him… i’m sorry for him.”
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