Abians laud Ikpeazu for nipping 'Multiple taxation' in the bud On Monday, July 9, 2018, the Executive Governor of Abia state, Dr. Okezie Ikpeazu held a meeting  with key stakeholders in the internally generated revenue collection chain. The agreement reached includes the following: - Henceforth, only properly identified staff of the Abia State Internal Revenue Service, in partnership with the state’s global...... read more
Abia targets N1 billion IGR Chief Udochukwu Ogbonna, the Executive Chairman, Abia Board of Internal Revenue, has said that the agency is targeting to make N1 billion internally Generated Revenue (IGR) by 2019. Mr Ogbonna said this in an interview with the News Agency of Nigeria (NAN) on Monday in Umuahia, the state capital. He said...... read more
Abia multiskill, entrepreneurship devt centre takes off with 200 trainees The Abia State Multiskill and Entrepreneurship and Development Centre (AMEDEC) has taken off with 200 trainees. This comes as the Vice President Yemi Osinbajo has launched the Federal Government N-Power programme in the state.  The Technical Vocational Education and Training (TVET) programme, which was developed and managed by Kiara De-Luke Academy in...... read more
Oil price hits $80 per barrel, highest since 2014 Despite the huge N500 billion mark up on the Federal Government’s expenditure outlay in the 2018 Appropriation Bill as passed by the National Assembly earlier this week, the government is still going to hit budget surplus at end of the fiscal year as the price of oil shot up to $80...... read more
OPINION: Growing Abia economy through Agriculture Growing Abia Economy through Agriculture was the theme of the event yesterday at Ahiaba Umueze in Osisioma LGA where the Abia Deputy Governor Rt.Hon.Ude Oko Chukwu flagged off the distribution of 2 million special specie of oil palm seedlings. Further arrangement shows that each of the 17 local governments will receive...... read more
Enyimba Economic City is Nigeria’s Dubai – Ikpeazu   Gov. Okezie Ikpeazu of Abia says proposed Enyimba Economic City in Aba will be Nigeria’s “Dubai”. Besides, he said that the “City” would be a business community that would close the economic gaps in the South-East and South-South. Ikpeazu, who disclosed this when he featured at the News Agency of...... read more
FIRS collected a total of N4.03 trillion as tax revenue in 2017 - Presidency   According to a new report by the presidency, Federal Inland Revenue Service (FIRS):  Tax revenue collected totaled N4.03 trillion in 2017, 82.38% of the N4.89 trillion target set for the Service by the Federal Government during the period, and N720 billion (22 percent) more than the N3.31trillion generated in 2016.   While  the Manufacturers Association...... read more
Aba has the potential of being Africa’s economic hub - Gov. Dankwambo Gombe state Governor Ibrahim Hassan Dankwambo has stated that Aba has the potential of being Africa’s economic hub, following his visit to the Enyimba city. Dankwambo made this known on Friday, during a project inspection with the Executive Governor of Abia state, Governor Okezie Ikpeazu. “This city with all I have...... read more
Adeosun reaffirms SEC DG’s suspension The minister of Finance, Kemi Adeosun has reaffirmed the suspension of the Director General Of Security And Exchange Commission (SEC). Adeosun made this clarification at a public hearing where she insisted that the suspension is in the interest of the sustainability of the capital market. There have been allegations and counter-allegations...... read more
Marketers diverted 129,000 litres from Abuja on Friday - DPR The head, public affairs unit of the Department of Petroleum Resources (DPR), Mohammed Saidu, says petroleum marketers diverted 129,000 liters of petrol from Abuja on Friday. Saidu, who revealed this to TheCable when monitoring the stations, added that some of the erring filling stations had been given a total fine of more than N30.5...... read more
FULL TEXT: 2018 Budget speech presented by Gov. Okezie Ikpeazu PROTOCOL ​ DISTINGUISHED LADIES AND GENTLEMEN! It is my honour and pleasure to present to this distinguished Honourable House, the 2018 Budget of Abia State. This Budget is packaged to follow the Medium Term Expenditure Framework which looks at projections for 3-year plan period. This Budget therefore has projections for years...... read more
Abia to Partner with CBN on Accelerated Agricultural Programme Governor Okezie Ikpeazu has described agriculture as a viable tool that can end the unemployment challenge of the country by creating jobs for the army of unemployed, put food on the tables of Nigerians and cause rapid economic development. The Governor stated this when the Development Financial Director, of the Central...... read more
Nigeria’s GDP records decline in Q3, Q4 2016 The National Bureau of Statistics (NBS) says the Gross Domestic Product in real terms declined in the third and fourth quarters of 2016. The NBS made this known in its “Nigerian Gross Domestic Product Report on Expenditure and Income Approach for the third and fourth quarter of 2016 released in Abuja....... read more
4 firms stake N120.5m for Nigerian Mining Corporation subsidiaries Four firms have staked N120, 547,000 to purchase the assets of the subsidiary companies of Nigerian Mining Corporation (NMC). According to the second round financial bids results released by the Bureau of Public Enterprise (BPE), in Abuja yesterday, for five subsidiaries of NMC, Yusuf Mariri Trading Company staked N20,550,000 on Kujama Quarry,...... read more
FG Begins Disbursement of GEEP Loan in Abia The Federal Government has began the disbursement of the Government Enterprise and Empowerment Program,GEEP, loan in Abia.  The loan is a collaboration of the office of Vice President, Bank of Industry and Abia State government.  Uzoma Nwagba, Chief Operating Officer GEEP at the event noted that 2907 loans have been disbursed...... read more
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