“If the agency wanted to enlarge its powers to cover the entire country, the operators should also come up with a bill seeking amendment of the Act. OGEFZA has never been a regulatory body,’’ Fadahunsi said.He said the committee was more concerned with the two agencies performing their duties to grow employment and revenue for the government, adding that the regular squabbles were clear act of economic sabotages that government would no longer condone.
According to him, while the committee will insist on the operators remaining faithful with payment of levies to the relevant agencies of government, it will, however, ensure that the business environment is made less cumbersome to operate in. On his part, Alhaji Adamu Fanda, NEPZA’s Board Chairman, said the Authority would perform better if placed under the supervision of the presidency, saying that was the position in all of the countries where the scheme had succeeded.
He, therefore, said that it was high time the government contemplated ceding the operation of the scheme to the private sector while still reserving its regulatory powers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senate Summons NSITF Over Alleged Diversion Of N61.1bnThe senate has commenced an investigation of officials of the Nigeria Social Insurance Trust Fund (NSITF) over alleged diversion and mismanagement
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Senate probes NSITF for alleged N61.1 billion diversionThe Senate Committee on Public Accounts has begun probe into alleged diversion of N61.1 billion by officials of NSITF Look at the kind of money they always come out here casually and be looking for.. This is insane We never hear outcomes of probes
Source: GuardianNigeria - 🏆 1. / 94 Read more »
NSITF chiefs appear in Senate today over alleged N61.1bn diversion - Punch NewspapersThe management of the Nigeria Social Insurance Trust Fund is expected to appear before the Senate Public Accounts Committee today (Tuesday) to answer more questions on the query issued to it by the Auditor General for the Federation. All they know how to do in there is to talk, talk & do more talking. They're all kitties, scared kitties.
Source: MobilePunch - 🏆 8. / 63 Read more »
ANALYSIS: Under Lawan, Nigeria's Senate continues norm of ‘delaying, abandoning’ crucial reports“If there was no National Assembly in the last four years, Nigeria would not have been any worse. There has been no impact,' a policy analyst said. Why, from the first day, people knew that there will be source. Some even said they are robber rubber stamps Is anyone that surprised
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Buhari should avoid tension, there is no federal grazing law –Basiru, Senate spokesman - Punch NewspapersThe most widely read newspaper in Nigeria Pls remind the MR president there are no federal or constitutional grazing routes no wonder he relies on gazette..⭕️ It can only happen in the northern part of the country, if they want. Buhari hell bent on making sure d country catches fire all his actions & inaction points towards this goal. As hie is being warned by all he pushes ahead without change in direction. Military must be in on d goal cos y would they allow an old man destroy millions of livelihood
Source: MobilePunch - 🏆 8. / 63 Read more »
Senate told not to confirm Lauretta Onochie as INEC commissioner - Daily Post NigeriaHuman Rights Writers Association of Nigeria, HURIWA, has warned the Senate against confirming Lauretta Onochie, President Muhammadu Buhari's aide, as a
Source: DailyPostNGR - 🏆 11. / 59 Read more »