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Customs and A-GF Team Up: Boost Revenue, Elevate Officer Training
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The Nigeria Customs Service intends to bolster its partnership with the Office of the Accountant-General of the Federation to increase national revenues even more and improve the training of its personnel. Following reports of a substantial rise in the Service’s income, this initiative has been launched. The Comptroller-General of Customs, Adewale Adeniyi, welcomed the…
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Nepra Orders $340M Refund: Distribution Companies Must Compensate Customers
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On Friday, the National Electric Power Regulatory Authority (NEPRA) ordered the power distribution firms to return Rs52.6 billion to Pakistan’s electricity customers as part of the quarterly tariff adjustments. In two separate rulings regarding adjustments to fuel charges, the regulatory body instructed K-Electric and former WAPDA Distribution Companies (XWDiscos) to provide refunds of Rs3.64…
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RTO-1 Cracks Down on PoS Violations: 3 Outlets Shut Down
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The Federal Board of Revenue’s Regional Tax Office-1 (RTO-1) has intensified efforts against non-compliance with the Point of Sale (PoS) regulations, resulting in the closure of three establishments on Friday for failing to integrate their systems with FBR’s PoS Invoicing System. According to an official statement obtained here, RTO-1 personnel initiated operations at Stadium…
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Health Ministry Debunks Oyakhilome’s Salt Consumption Claims
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The Federal Ministry of Health and Social Welfare has cautioned Nigerians against excessive consumption of salt after a widely circulated video where Pastor Chris Oyakhilome promoted higher salt intake. Oyakhilome, who serves as both the president and founder of Loveworld Incorporated (Christ Embassy), asserted in the video that African people are being deliberately prevented…
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The Urgent Call for Regulating Public Sector Recruitment: A Global Perspective
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By Esq. Appiah Kusi Adomako ‘Some people look at reality and ask “why,” but I imagine possibilities that do not yet exist and wonder “why not?”‘ – George Bernard Shaw (1856-1950) Securing employment in Ghana’s public sector mostly depends on political and social connections rather than competence. Ideally, hiring for positions within Ministries, Departments,…
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Govt Unlikely to Meet Petroleum Levy Collection Target of $128.1B in International Edition
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It is unlikely that the federal government will achieve the Petroleum Levy collection target of Rs1281 billion set for the ongoing fiscal year, despite a steep increase of 30 percent in Petroleum Levy on petrol and high speed diesel during the past less than two months. During the initial nine-month period (from July to…
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Revenue Reset: GRA Boosts Efforts to Enhance Tax Collection and Compliance
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The Ghana Revenue Authority (GRA) is intensifying its initiatives to improve tax collection and boost adherence to regulations, which supports the government’s larger plan to revitalize the country’s economy. Following this, Acting Commissioner-General Anthony Kwasi Sarpong has presented a detailed plan aimed at expanding the tax base, targeting a substantial revenue collection of GH¢200…
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Kenya’s Auditor Unveils $448M Missing from eCitizen Platform
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The Auditor General, Nancy Gathungu, revealed that approximately KSh 100.8 billion was gathered through the eCitizen portal during the fiscal year of 2023/2024. Gathungu bemoaned the government’s lack of complete control over the system and its heavy reliance on a vendor She highlighted a balance of KSh 7.1 billion held across nine USD accounts…
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Govt Temporarily Suspends Precious Metals Export Rules for 60 Days to Restructure Jewelry Sector – International Edition
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On May 7, the Pakistani government took an important step by suspending SRO 760(I)/2013, which serves as the regulatory guideline for importing and exporting valuable metals, jewels, and stones. This suspension went into effect right away and will last for two months. As stated in an official announcement made on Wednesday, the “Order Concerning…
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National Insurance Hike Boosts ‘Cash-in-Hand’ Practices
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The increase in employers’ National Insurance contributions raises the likelihood that companies might opt for undeclared cash payments to employees, according to a study commissioned by the Northern Ireland Executive’s finance department. From April employers have had to pay NI at 15% on salaries above £5,000, up from 13.8% on salaries above £9,100 .…