GOV. UBA APPRECIATES PRESIDENT TINUBU ON THE AWARD OF STRATEGIC CONTRACTS WORTH ₦1.178 TRILLION IN KADUNA STATE. (PHOTO).

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 GOVERNOR UBA APPRECIATES PRESIDENT TINUBU ON THE AWARD OF STRATEGIC CONTRACTS WORTH  ₦1.178 TRILLION IN KADUNA STATE   Kaduna State governor has extended appreciation to President Tinubu, and the Federal Executive Council for the approval and award of transformative infrastructure contracts that will indelibly reshape the economic and social landscape of the state.   The statement personally signed by the governor lists the projects as follows; the Kaduna Light Rail Project an ambitious undertaking spanning a Kilometers corridor from Rigachikun to Sabon Tasha, alongside a Kilometers line from Millennium City to Rigasa, forming a 50-kilometre metropolitan network with an estimated value of One Trillion Naira. Complementing this is the critical reconstruction of the Mando–Kaduna– Birnin Gwari road, a 122-kilometre artery valued at ₦178 billion. Together, these projects represent not merely investments in infrastructure, but a deliberate re-engineering of mobility, sec...
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REPS TO GO AFTER 5,000 COMPANIES OWING NIGERIAN GOVT N5. 2 TRILLION IN UNPAID TAXES. (PHOTO).

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 Reps to go after 5,000 companies owing Nigerian Govt N5.2 trillion in unpaid taxes


The House of Representatives has mandated its committees to investigate the non-remittance of N5 trillion to the Federal Government by some businesses operating in Nigeria.


The decision to go after the tax defaulters followed the adoption of a motion moved by Esosa Iyawe on Thursday during plenary.


The House resolved to mandate the Committees on Public Account and Finance to probe the non-remittance by the organizations and recover the money owed the government.


Moving the motion, Iyawe said 5,000 companies owe the Federal Government N5.2 trillion between 2015 and 2019.


He said that there is another report stating that in 2021, some companies failed to remit over N17 billion.


“Audit reports from 2015 to 2019 which revealed government agencies owing hundreds of billions in FIRS taxes comprising underpayments and under-recoveries and over 5,000 Companies and Ministries, Departments and Agencies (MDAs) of the Federal Government owing (N5.2 Trillion) (five trillion, two hundred billion, Naira in withholding taxes,” he said.


He stated that some of the culprits are multinational corporations that the Federal Government is treating with kid gloves, while small businesses are subjected to multiple taxes.


The motion was taken unanimously without opposition.


The House directed the committees to report back to the in four weeks.

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