Month: November 2019

WE DON’T HAVE A RICE PROBLEM by Tosin Adeoti #OpenNigerianRoadBorder

Imagine you are the head of a household of two children: Stephen and Stanley. Steve (28) is a promising young Architect who works at Ikoyi earning N100,000/month. Stan (17) is a non-bookish SSCE graduate who is still seeking admission into the University. They both live at home; your house. You have a car and the …

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Reactions as Nigeria imposes Police Trust Fund levy chargeable on companies’ net profit.

On the 24th of June, 2019, the president signed into law the Nigerian Police Trust Fund Act. The Act establishes a Fund; proceeds from which will be used to train police personnel and procure security machinery and equipment. The Act imposes a levy of 0.005% of the “net profit” of companies ‘operating business’ in Nigeria. …

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