Business

  • WAUTI Boss Urges Constructive Criticism Of Govt Policies

    By Leadership Newspapers on Apr 20, 2013

    The President, West African Union of Tax Institutes (WAUTI), Mr Kunle Quadri, on Saturday urged Nigerians to desist from destructive criticism of government policies in the interest of national growth.

    Quadri told the News Agency of Nigeria (NAN) in Lagos that constructive criticisms would enable governments to evolve policies that would protect the interest of the people.

    He said that although some laws and policies were not favourable to the masses, Nigerians must always express their views properly.

    ``For instance, there are existing laws in the nation’s tax system which are not in the best interest of the masses.

    He said that the situation resulted in multiple taxation.

    Quadri said that multiple taxation persisted because taxpayers were not adequately represented in the decision making.

    The WAUTI boss said that the nation’s tax system would be better when the people were involved in decision making

    “Whenever tax issues come up in other countries, stakeholders arise and make meaningful submission to the parliament.''

    He advised the citizens to participate well in any referendum that could be called by government to amend any laws.

     

  • World Bank Support For Low Income Countries Hits $6.7bn

    By Leadership Newspapers on Apr 20, 2013
    World Bank Acting Vice President Keith Hansen said the overall bank financing for safety nets in low and middle income countries had reached 6.7 billion dollars in the past three years. Hansen, who is the bank’s Human Development Network, said th...
  • Volume Of Cash In Circulation Drops By N1.45 Trillion

    By Leadership Newspapers on Apr 20, 2013
    The volume of raw cash in circulation dropped significantly in January as the cash-lite policy of the Central Bank of Nigeria continued to gain ground. At N1.457 trillion, currency in circulation fell by 10.7 per cent value in the review month, in cont...
  • Institutional Waste Management Key To Protecting Oil Communities – Expert

    By Leadership Newspapers on Apr 20, 2013
    The Project Coordinator, Titan Integrated Environmental Management Limited, Andrew Ellea, has warned that except pro-active steps are taken to establish strong institutional arrangement that will guarantee waste disposal, the environment of oil bearing...
  • Globacom Ready For Mobile Number Portability

    By Leadership Newspapers on Apr 20, 2013
    National telecoms operator, Globacom, has announced its full readiness to begin the implementation of mobile number portability on its network. This is in compliance with the directive by the Nigerian Communications Commission (NCC) to all mobile opera...
  • Public-Private Partnership Will End Housing Deficit – Minister

    By Leadership Newspapers on Apr 17, 2013
    The federal government says it has identified and is collaborating with the private sector to the meet nation’s housing needs. The Minister of Lands, Housing and Urban Development, Ms Amal Pepple, disclosed this in Abuja, when she toured the on-g...
  • Bank Fraud: CBN Recovers N8.6bn For Customers

    By Leadership Newspapers on Apr 16, 2013
    The Central Bank of Nigeria (CBN)’s efforts at protecting bank customers are yielding immense result as the apex bank said it has recovered N8.6 billion from banks in the country for customers that were defrauded at the end of the first quarter o...
  • Stock Market Records Marginal Gain

    By Leadership Newspapers on Apr 16, 2013
     Trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday gained marginally as major blue-chip companies showed signs of bullish trend, causing market capitalisation and the All-Share Index to close in the green zone. The key...