NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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CAC INITIATES MEASURES TO REQUIRE SOCIAL MEDIA CONTENT CREATORS TO REGISTER AS BUSINESSES. (PHOTO)

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 CAC initiates measures to require social media content creators to register as businesses


The Corporate Affairs Commission (CAC) intends to require the registration of social media content creators, Instagram users with a large following, and TikTok users as businesses.


Hussaini Ishaq Magaji, Registrar General of the CAC, revealed the development at a meeting with Opay’s Managing Director, Dauda Gotring, and his team in Abuja.


Magaji underlined that social media and content providers, who create significant cash, should register as businesses in order to pay their due amount of federal taxes. He stated.


“This cannot go on,” emphasizing the need of these individuals following the mandate to register as businesses.


During the visit, Magaji informed that the CAC is in the process of registering 300,000 new business names from Opay. This effort seeks to broaden the tax base, encourage business registration, and contribute to job creation in Nigeria.


When asked about Opay’s role, Magaji indicated that the collaboration with Opay is aimed at regularizing the business names registered with CAC. Dauda Gotring, Opay’s Managing Director, stated that the firm is committed to working with the CAC to guarantee that all businesses, regardless of size, are registered.


Gotring praised Opay’s emphasis on encouraging all Nigerians to utilize banks, even in rural areas, and emphasized continued efforts to educate company owners, particularly in the social media and content creation sectors, on the need of registering with the CAC.


The joint initiative’s goal is to bring more enterprises into the formal sector and increase regulatory compliance.

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