Buhari arrives Lagos from Bauchi, to commission projects

President Muhammadu Buhari is scheduled to arrive Lagos today 23rd of January at 1.30pm on a 2 day working visit to the state.

This is after his trip to the All Progressives Congress campaign rally in Bauchi State.

Presidential Buhari will arrive the Presidential wing of the Murtala Muhammad Airport, where he would be received by Governor Babajide Sanwo-Olu and some top dignitaries.

There will be a short welcome ceremony at the Airport, including cultural display, presentation of bouquet and inspection of guard of honour by Mr President.

Projects that will be inspected, inaugurated and commissioned by President Muhammadu Buhari comprise:

The Lekki Deep Sea Port.

The 32-metric tons per hour Lagos Rice Mill at Imota.

The 18.75-kilometer 6-lane rigid-pavement Eleko Junction to Epe Expressway.

The John Randle Centre for Yoruba Culture and History.

The Lagos Blue Line rail project.

The 2-day trip will also include a private sector project commissioning.

President Muhammadu Buhari’s visit to Lagos is tagged ‘’A Festival of Project Commissioning’’.

Tvc News Senior correspondent, Adedoja Salam-Adeniyi who is at the Lekki Deep Seaport reports that all is set amid water tight security for the president’s arrival for the inauguration of the largest Deep Seaport in Africa.

The phase 1 of the multipurpose port covers an area of 50 hectares, with two container berths and total capacity of 1.2 million TEUs annually.

FIRS GENERATES N10.1 TRILLION IN 2022

The Federal Inland Revenue Service, FIRS generated an all time high revenue of N10.1 trillion for 2022.

Non-oil taxes generated was N5.96 trillion which is 59% of the total collection , while oil tax collection stood at N4.09 trillion which is 41% of total collection.

Companies Income Tax contributed N2.83 trillion, Value Added Tax N2.51 trillion, Electronic Money Transfer Levy N125.67 billion and Earmarked Taxes N353.69 billion.

The amount generated is exclusive of tax waivers which was over N1.8 trillion.

The announcement by the Federal Inland Revenue Service is an indication that the revenue drive of the Buhari administration has finally started yielding fruits.

The Muhammadu Buhari administration has made the expansion of the Tax net a major plank of the policies and Objectives of its leadership of Nigeria even as it rounds off in a few months time.

CBN, NOA TAKE AWARENESS CAMPAIGN FOR NEW NOTES TO ZAMFARA MARKETS, OTHERS

In Zamfara, the National Orientation Agency in collaboration with the Central Bank of Nigeria has taken its awareness Campaign on the redesigned Naira notes and dateline for the old currency to cease circulation to Markets and Motor Parks

The National Orientation Agency says it has deployed two thousand Persons to rural communities across Zamfara State to sensitize locals on the new currency notes.

The Nigeria’s Apex Bank insists the 31st January dateline stands, and there is no plan to extend as it has been circulated.

With barely eleven days to the dateline for the old currency notes to cease circulation as directed by the Central Bank of Nigeria, the National Orientation Agency is taking an awareness Campaign to motor parks, markets and some major roads in Gusau, the capital of Zamfara State

The sensitization Campaign is in collaboration with the Central Bank of Nigeria, Gusau, Zamfara State Branch.

The National Orientation Agency says it has deployed two thousand Persons to rural communities across the 14 LGA’s of Zamfara State to create awareness on the redesigned Naira notes and deadline for the cessation in circulation of the old naira notes.

Mr. Aminu Ibrahim also denied stories making the round that the dateline for circulation of the old naira notes has been extended.

The NOA says rejecting the old currency notes before the end of the dateline is a punishable offence anywhere in Zamfara State and across Nigeria.

The old currency that will cease being legal tender by January 31st Includes the N1,000, N500 and N200 notes

But, this Zamfara based meat Seller insists that the federal government should extend the dateline by five months for the people in rural areas

Though the old notes are expected to be out of circulation by January 31st, there is a scarcity of the new notes in circulation as banks keep dispensing old notes to their customers across the country.

The Central Bank of Nigeria had announced a redesign of Naira Notes towards the end of 2022 like a bolt from the blues with President Muhammadu Buhari later backing the move describing it as essential.

The move according to observers could either be positive or negative but most think the decision by the Buhari administration is a good one that will help in taming Inflation and Others.