Spenohub

​ The African Democratic Congress has raised strong objections to President Bola Tinubu’s approval of the cancellation of what it described as legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, warning that the move undermines constitutional provisions on revenue sharing. According to the party, official documents presented to the Federation Account Allocation Committee (FAAC) showed that about $1.42 billion and N5.57 trillion in legacy debts were written off following a… https://spenohub.wixsite.com/speno/post/tinubu-lacks-powers-to-cancel-nnpc-debts-owed-to-federation-account-adc

Labour Party presidential candidate in the 2023 election, Peter Obi, has faulted Nigeria’s new tax direction, warning that economic recovery cannot be achieved by placing heavier burdens on citizens already struggling to survive. In a statement shared on his official X handle on Friday, Obi argued that meaningful development is built on… https://spenohub.wixsite.com/speno/post/obi-to-fg-tax-policy-must-make-nigerians-wealthier-not-poorer