Author: Chronicle Editor

Senate President Ahmad Lawan on Thursday said that the National Assembly will ensure that the issue of defence and security is prioritised to receive the highest vote in the 2022 budget that is yet being processed. Lawan made the remarks in Abuja at the opening of the 5th Conference of Network of African Parliamentarians Members of Defense and Security Committees. The Senate President told the participants at the conference: “Today our nation, our continent and even the world has been challenged by insecurity. “For us in Nigeria, in the National Assembly, our committees on defence and security are probably the…

The Federal Inland Revenue Service (FIRS) has stated that it would commence back-end tax audit on operators in the maritime and aviation industries. The executive chairman, Muhammad Nami, disclosed this Thursday (October, 28, 2021) while delivering an address at the Pedabo Thought Leadership Breakfast Session, focused on tax issues and the impact on development in the maritime and aviation industry, held in Lagos State. “The FIRS will soon launch a tax audit exercise on operators in the maritime and aviation industries.” He stated, adding that “Back-end pre-audit activities, in collaboration with regulatory authorities in the industries, are at advanced stages.”…

Shops, restaurants and schools have shut in Moscow in a partial lockdown, as Russia battles record Covid deaths and infections. Only essential shops like supermarkets and pharmacies are allowed to open in the capital, while food outlets are only providing takeaways. Authorities have also given workers across Russia nine days off from Saturday in a bid to curb infections. Russia has reported a record 1,159 deaths from Covid in the past 24 hours. The official data also reveals 40,096 new infections in 85 regions of Russia – another record. Russia’s last major lockdown was in May-June 2020. Russia’s overall Covid…

Three primary schools in New York state have banned Halloween costumes from the hit Netflix series Squid Game, over fears they could glorify violence. The South Korean thriller series tells the story of debt-ridden people competing for a huge cash prize in a deadly series of children’s games. Its gory content has prompted the schools to email parents about the show’s “violent messages”. They said Squid Game outfits at school events would be “inappropriate”. Schools in New York’s Fayetteville-Manlius School District have guidelines banning Halloween outfits with items “that can be interpreted as weapons”, and those that are “too gory…

President Muhammadu Buhari has said that is vital for governments to renew its social compact with the citizenry so as to improve governance, development and build institutions that promote inclusive security and prosperity, which the Buhari administration is actively pursuing to ensure that no segment of the Nigerian population feels alienated and marginalized. This was one of the highlights of the address by President Muhammadu Buhari today at the 5th Conference of the Network of African Parliamentarians for Defence and Security Committees of the House of Representatives. The speech was delivered by Vice President Yemi Osinbajo, SAN, who represented the…

Vice President Yemi Osinbajo says that with the advance in digital technology and the progress attained by innovators in the continent, the dream of Africa’s founding fathers of building a continental economic powerhouse and prosperous continent is now attainable. Prof. Osinbajo stated this Wednesday evening in Abuja at the 10th-anniversary dinner of AfriLabs – a network organisation supporting Innovation Centers across African countries since 2011. Speaking about how technology and innovation hubs are now able to bring the vision to fruition, the VP said “our advantages are obvious, we are the youngest continent on the planet, the vast majority of…

The Chairman of Economic and Financial Crimes Commission, EFCC, Mr.Abdulrasheed Bawa, today Wednesday October 27, 2021 charged members of the National Youth Service Corps, NYSC, 2021 Batch ‘C’ Stream 1, to partner with the Commission in the fight against economic and financial crimes. He made the call in a sensitization lecture on the Role of Youths in Curbing Corruption at the NYSC Orientation Camps across the country. At Okada, Edo State, Bawa stated that, “young people must not be mere spectators in the anti-graft campaign; rather, they should actually be foot soldiers leading the mass rout of corruption and economic…

Justice Obiora Egwuatu of the Federal High Court Abuja, Today October 27, 2021 granted bail to Mrs. Grace Taiga, a female accomplice in the multiple fraud case involving Process and Industrial Development Limited (P&ID). Taiga is facing prosecution by the Economic and Financial Crimes Commission EFCC on nine count amended charges, bordering on accepting bribes and other related crimes. Count three of the charge read: “That you Grace Taiga, Enameg Vera Mases Taiga (at large) Brendan Cahill (at large), Michael Quinn (deceased) on or about the 30 of January, 2012 within the jurisdiction of this Honourable Court did conspire to…

MultChoice Africa Holdings (MAH), the parent company of MultiChoice Nigeria, has rejected Tuesday’s ruling of the Tax Appeal Tribunal (TAT), which dismissed its appeal against the $342million Value Added Tax (VAT) bill slapped on it by the Federal Inland Revenue Service (FIRS). The company, made its position known in a statement released on Wednesday evening, also stated it will lodge an appeal against the ruling at the Federal High Court, adding that the TAT ruling was based on technicality rather than the merits of the case. “MAH respectfully disagrees with the ruling, which was based on a technicality rather than…

Operatives of the Uyo Zonal Command of the Economic and Financial Crimes Commission EFCC, today October 27, 2021 arrested seven internet fraud suspects, including one Peter Ugochukwu, a supposed businessman who claims he deals in shoes and clothes, at Umuahia, Abia State. The other six suspects are; George Izuchukwu, Okeke Desmond, Ekwonna Wisdom, Ejikeme Godspower, Nwachukwu Samuel and Justin Tochi. They were arrested in a sting operation at the Government College and Okwuta areas of Umuahia following verified intelligence on their alleged internet fraud-related activities. Gunmen kidnap Catholic priest after morning mass in Abia Item recovered from them include four…