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Nigerian Economic Summit

Dangote decries low contribution of manufacturing sector to Nigeria’s economy

Dangote

President and Chairman of Dangote Group, Alhaji Aliko Dangote decried the low contributions of the manufacturing sector to Nigeria’s economy, which currently stands at 9 per cent unlike what is obtainable in Asian countries which is about 30 per cent. He made this observation during the plenary session at the ongoing 25th edition of the […]

There is no harm in introducing communications tax, says FIRS boss

Fowler Tunde says no harm in communications tax

Following the decision of the Nigerian Senate to levy a 9 per cent communication service tax on Electronic Communication Services, the Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, has said that there was no harm in introducing the tax. He also went ahead to berate Nigerians for reacting to the decision of […]

The worth of economic summits

summits

When the first Nigerian Economic Summit (NES) was held in Abuja in February 1993, little did the organisers know that economic summit will one day snowball into an idea that is widely accepted across the country. Today, families, corporate bodies, states and the federal government have embraced the idea and they regularly organise their economic […]

The value of economic summits

summits

When the first Nigerian Economic Summit (NES) was held in Abuja in February 1993, little did the organisers know that economic summit will one day snowball into an idea that is widely accepted across the country. Today, families, corporate bodies, states and the federal government have embraced the idea and they regularly organise their economic […]