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Nigeria's VAT Revenue Grows 9.23% in Q4 2024, Hits ₦1.95 TrillionNigeria's Value Added Tax (VAT) collections rose to ₦1....
08/08/2025

Nigeria's VAT Revenue Grows 9.23% in Q4 2024, Hits ₦1.95 Trillion

Nigeria's Value Added Tax (VAT) collections rose to ₦1.95 trillion in the fourth quarter of 2024, marking a 9.23% increase from the ₦1.78 trillion recorded in Q3, according to latest fiscal data released by the Federal Inland Revenue Service (FIRS).

The growth reflects the positive impact of President Bola Tinubu's economic reforms under the Renewed Hope Agenda, which have focused on improving tax compliance, revenue diversification, and trade facilitation.

Domestic VAT led contributions at ₦917.4 billion (47% of total)
Foreign Non-Import VAT generated ₦554.68 billion
Import VAT contributed ₦474.75 billion

FIRS Chairman Mr. Zach Adedeji noted: "The Q4 figures demonstrate our economy's resilience. While we celebrate growth in formal sectors, we're implementing digital solutions to bring informal businesses into the tax net."

The government has attributed the overall VAT expansion to policies like the Electronic Money Transfer Levy and Automated Tax Administration System, which have improved collection efficiency.

Economists suggest the data indicates gradual economic recovery but caution that inflationary pressures and forex challenges may affect 2025 projections.

Asiwaju Bola Ahmed TinubuTinubu

President Tinubu Nominates New NERC CEO and CommissionersPresident Bola Tinubu has nominated Engr. Abdullahi Garba Ramat...
07/08/2025

President Tinubu Nominates New NERC CEO and Commissioners

President Bola Tinubu has nominated Engr. Abdullahi Garba Ramat as the new Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC). Ramat, a 39-year-old electrical engineer and administrator with a PhD in Strategic Management, will lead NERC's efforts to improve the nation's power sector.

Additionally, President Tinubu has nominated Mr. Abubakar Yusuf as Commissioner of Consumer Affairs and Dr. Fouad Olayinka Animashun as Commissioner of Finance and Management Services. These nominations are pending Senate confirmation.

To ensure continuity, President Tinubu has directed Engr. Ramat to assume office in an acting capacity until his Senate screening is completed. The President has charged the new appointees to utilize their expertise to advance the administration's power sector vision.

Appointees' Profiles:

- Engr. Abdullahi Garba Ramat: Chairman/CEO, NERC
- Mr. Abubakar Yusuf: Commissioner of Consumer Affairs
- Dr. Fouad Olayinka Animashun: Commissioner of Finance and Management Services

These appointments are expected to bring fresh perspectives and expertise to NERC, driving progress in Nigeria's power sector.

06/08/2025

Nigerwatch Newspaper Headlines by Halima Uthman
Asiwaju Bola Ahmed Tinubu Niger State NIGERLITES' speak out NigerLites Diary

04/08/2025

Nigerwatch Newspaper Headlines by Halima Uthman
FIBA AfroBasket Asiwaju Bola Ahmed Tinubu Festus Keyamo, ESQ

BREAKING: President Tinubu has rewarded each player of the D’Tigress team with $100,000, a new apartment, and the Nation...
04/08/2025

BREAKING: President Tinubu has rewarded each player of the D’Tigress team with $100,000, a new apartment, and the National Honour of OON as a token of appreciation for their success.

Additionally, each coach will receive $50,000 in recognition of their accomplishments.



Asiwaju Bola Ahmed Tinubu FIBA AfroBasket FIBA Women's AfroBasket

 : Nigeria’s D’Tigress Clinch Historic Fifth Straight AfroBasket Women’s Title!Nigeria’s D’Tigress have made history by ...
03/08/2025

: Nigeria’s D’Tigress Clinch Historic Fifth Straight AfroBasket Women’s Title!

Nigeria’s D’Tigress have made history by winning the 2023 AfroBasket Women’s Championship in Côte d’Ivoire, defeating Mali 78-64 in a thrilling final on Sunday.

With this victory, they have become the first team ever to win five consecutive AfroBasket Women’s titles, cementing their dominance in African basketball.

Adding to the historic feat, Head Coach Rena Wakama has become the first woman to win back-to-back AfroBasket Women’s championships, breaking barriers in the sport.

This win marks 10 years since D’Tigress last lost to an African team—an incredible streak of excellence.

Now, the big question:
What should the Nigerian government do to honor these champions, who have brought so much pride to the nation? Cash rewards? Better funding for women’s basketball? National honors?

Your thoughts?

Morocco lodges complaint to CAF after WAFCON final loss to Super FalconsThe Moroccan FA has filed a petition to CAF to e...
30/07/2025

Morocco lodges complaint to CAF after WAFCON final loss to Super Falcons

The Moroccan FA has filed a petition to CAF to express their dissatisfaction with the referee who officiated the WAFCON final match between Morocco and Nigeria.

The North African side argued that the referee's decision not to award a penalty against Nigeria for Oluwatosin Demehin's handball inside the 18-yard box was incorrect.

LABOUR MINISTER URGES NURSES, MIDWIVES TO SHELVE STRIKE, EMBRACE DIALOGUEThe Minister of Labour and Employment, Muhammad...
30/07/2025

LABOUR MINISTER URGES NURSES, MIDWIVES TO SHELVE STRIKE, EMBRACE DIALOGUE

The Minister of Labour and Employment, Muhammad Maigari Dingyadi, held talks with the National Association of Nigerian Nurses and Midwives to avert their proposed strike.

He implored them to step back from their planned action, as a strike is not the best solution to industrial disputes.

The Minister urged the Association to embrace dialogue while the government continues to work on addressing their concerns.

The meeting will continue on Friday at the Ministry of Health, as the government works out a resolution to the dispute.

WAFCON MOROCCO 2024:  Tinubu Gives Each Super Falcon $100,000, 3-Bedroom Flat in Abuja, OON National HonoursNigeria’s Su...
28/07/2025

WAFCON MOROCCO 2024: Tinubu Gives Each Super Falcon $100,000, 3-Bedroom Flat in Abuja, OON National Honours

Nigeria’s Super Falcons have been handsomely rewarded by President Bola Ahmed Tinubu following their stunning triumph at the 2025 Women’s Africa Cup of Nations (WAFCON) in Morocco.

In a celebratory event held at the Presidential Villa in Abuja, President Tinubu announced a remarkable package for each member of the victorious team: the naira equivalent of $100,000, a three-bedroom apartment in the Renewed Hope Housing Estate in Abuja, and the prestigious Officer of the Order of the Niger (OON) national honour.

The announcement came just days after the Falcons clinched their 10th WAFCON title, defeating host nation Morocco 3-2 in a dramatic final in Rabat—a victory that further cemented Nigeria’s dominance in African women’s football.

“Your victory has brought immense pride to our nation,” President Tinubu said while addressing the jubilant squad. “You have shown the world the strength, resilience, and brilliance of Nigerian women. This is more than a win in football—it is a national achievement worthy of celebration and recognition.”

Activist resigns as member of Niger Athletic Association over poor LeadershipActivist and social media commentator, Yaha...
28/07/2025

Activist resigns as member of Niger Athletic Association over poor Leadership

Activist and social media commentator, Yahaya Mohammed Usman, popularly known as Sai Baba, has resigned his appointment as a member of the Niger State Athletic Association.

The activist announced the resignation on his page on Monday.

Recall that Mr. Usman was appointed a member of the committee in October 2024 by the state ministry of youth affairs and sports.

He, however, said since his inauguration there has been no single meeting, plan, or activity “for the poor youth athletes we are supposed to manage.”

Mr. Usman also lamented over what he described as preferential treatment given to certain sport activities, which he said are for “rich kids.’

The post reads, "Later this morning,

“I, Yahaya Mohammed Usman (Sai Baba), will be tendering my RESIGNATION LETTER from the Niger State ATHLETIC ASSOCIATION. My reasons are simple:

“No single meeting since inauguration in 2024. No activities to my knowledge officially. No single plan for the poor youth athletes we are supposed to manage.

“While sports of the “rich kids” with no value to the state get enormous official attention and support.

“In view of the above, keeping the position as Member of the Niger State Athletic Association will be running in contrast to my beliefs and conscience, especially when clearly, it is designed to fail.

“I thank the State and everyone.”

Mr. Usman's resignation highlights the need for reform in the Niger State Athletic Association to ensure equal opportunities and support for all athletes, regardless of their background.
Niger State
Mınna, Nıger State NigerlitesNigerLites Diary

FIRST TO DO IT!!Nigeria's Super Falcons have completed   , becoming the first African team to win the   tournament for a...
26/07/2025

FIRST TO DO IT!!

Nigeria's Super Falcons have completed , becoming the first African team to win the tournament for a record 10th time!

From being 2-0 down at half time, to scoring three goals in the second half, the Super Falcons did the impossible, beating the host nation to win the tournament.

What a performance!!

Full time: Morocco 🇲🇦 2⃣ - 3⃣ Nigeria🇳🇬


Asisat Oshoala Vibes
Asisat Oshoala Super Falcons Show

PHOTO NEWS: President Tinubu on Friday met with colleague governors, the 1999-2007 set, also known as the Class of 1999.
26/07/2025

PHOTO NEWS: President Tinubu on Friday met with colleague governors, the 1999-2007 set, also known as the Class of 1999.

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