World News

FIRS generates in N4.178trn in 10 months, elites evading tax, says Nami

FIRS generates in N4.178trn in 10 months, elites evading tax, says Nami

The Federal Inland Revenue Service has on Monday said as of the end of October this year, it had generated N4.178 trillion out of the target of N4.23 trillion for the same period. This was disclosed by the Coordinating Director, Tax Operations Group of the FIRS, Mr Femi Oluwaniyi, in Abuja during an interactive session the Executive Chairman of the FIRS had with media houses. According to Oluwaniyi, the amount generated represented 99 percent of the target for the period. He said the target for the whole year was N5.76 trillion. The FIRS spokesman said despite the lockdown occasioned by…
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FG to slash levy on imported cars from 35% to 5%

FG to slash levy on imported cars from 35% to 5%

The Nigeria Customs Service (NCS) has proposed a reduction from 35% to 5 or 10% in the cost of importing used and new vehicles into the country. The Comptroller-General of Customs, Mr Hameed Ali made the disclosure while defending the Service’s 2020 budget before the House Committee on Customs recently. According to him, the proposal was made with the aim of swelling revenue and discouraging smuggling as Nigerian importers currently ship their containers to neighbouring ports where duties and levies are very low compared to what obtains in Nigeria. “We have forwarded a proposal for the downward review of vehicle…
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Biden wins Georgia votes recount – Local Officials

Biden wins Georgia votes recount – Local Officials

The US state of Georgia has completed a manual recount of all the ballots cast there in the presidential election, and the results confirm Joe Biden’s win in the state, a local official announced Thursday. “The audit confirmed that the original machine count accurately portrayed the winner of the election,” a statement posted on the website of Georgia secretary of state Brad Raffensperger said. The confirmation makes Biden the first Democratic presidential candidate to win the southern US state in almost three decades, despite his rival Donald Trump’s claims of fraud. AFP
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After losing reelection bid, Trump sacks Defence Secretary

After losing reelection bid, Trump sacks Defence Secretary

After losing his re-election bid as US President, President Donald Trump sacked his defence secretary Mark Esper on Monday, in his first major official act since losing re-election.  “Mark Esper has been terminated,” Mr Trump wrote on Twitter. Christopher Miller would take over “effective immediately”, he added. Mr Miller, a former Green Beret, currently serves as director of the national counter-terrorism centre, a unit within the US intelligence community. Mr Trump fell out with his defence secretary in June after Mr Esper said he was opposed to sending US troops into American streets to quell civil unrest, except as a last…
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Petroleum Industry Bill: Oil Companies To Incorporate Host Community Development Trust

Petroleum Industry Bill: Oil Companies To Incorporate Host Community Development Trust

I Oil companies operating in Nigeria are expected to incorporate a host community trust for social and economic benefit from petroleum operations in the host communities. From excerpts in the new Petroleum Industry Bill (PIB) obtained by newsmen in Abuja, the aim of the trust is to foster sustainable prosperity within the host community. It will be recalled that milliants over the years had disrupted the exploration of oil in Nigeria over the inability of oil companies to develop the region. Experts are of the opinion that a good legislation would help to ensure that both the oil companies and…
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US Election: President Trump, Biden Trade Accusations of Corruption Ahead Of Presidential Election

US Election: President Trump, Biden Trade Accusations of Corruption Ahead Of Presidential Election

US President, Donald Trump and Democratic nominee Joe Biden had some of their sharpest blows over corruption and purported foreign ties at Thursday’s final debate in Nashville, as both candidates sought to link one another financially to questionable transactions in countries like Russia, China and Ukraine. Trump accused Biden and his family of profiting from foreign countries, relying on unsubstantiated and discredited allegations that the former vice president again denied. The president has criticized Biden over his son Hunter’s past work at a Ukrainian gas company while his father was working on U.S.-Ukraine policy as vice president. Trump and his…
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Gilead’s remdesivir first to win US approval to treat COVID-19

Gilead’s remdesivir first to win US approval to treat COVID-19

The United States Food and Drug Administration has approved Gilead Sciences Inc’s antiviral drug Veklury – better known as remdesivir – for the treatment of COVID-19, the company announced Thursday. Veklury is the brand name for remdesivir, which was previously authorised by the FDA for emergency use to treat patients who have been hospitalised with COVID-19. Gilead becomes the first and only company to receive approval for a COVID-19 treatment in the US, according to the company’s press release. Remdesivir, which was developed by Gilead as a treatment for Ebola, works to stop the replication of SARS-CoV-2, the coronavirus that…
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Covid -19: Obama Wishes President Trump Quick Recovery

Covid -19: Obama Wishes President Trump Quick Recovery

Former US President Barack Obama has wished President Donald  Trump and Melania a speedy recovery. Yesterday, the White House had announced that Trump and Melania tested positive for coronavirus. In a post to his Facebook page as seen by thewhisperer, Obama wrote: “Michelle and I hope that the President, First Lady, and all those affected by the coronavirus around the country are getting the care they need and are on the path to a speedy recovery. Obviously, we’re in the midst of a big political battle right now, and while there’s a lot at stake, let’s remember that we’re all…
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COVID-19: USA Election: Republican in dilemma over Trump’s health

COVID-19: USA Election: Republican in dilemma over Trump’s health

The health status of US President, Donald Trump just 32 days to the United States presidential election may prompt the Republic Party to consider a possible replacement as its candidate in the November 3 poll. President Trump had announced on Friday that he and the U.S. First Lady, Melania Trump, had tested positive for the virus. The U.S. president’s physician, Sean Conley, had also confirmed the development, saying: “The President and First Lady are both well at this time, and they plan to remain at home within the White House during their convalescence”. The 74-year-old is at higher risk of…
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Covid -19: US President, Donald Trump, Melania test positive for coronavirus

Covid -19: US President, Donald Trump, Melania test positive for coronavirus

United States of America President Donald Trump and his wife, Melania, have tested positive for coronavirus. Trump broke the news on his verified Twitter account, saying they’ll get through it together. Trump wrote: “Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this together.” Trump is seeking a reelection into the White House.
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