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FG rakes in N30bn from VAIDS

The federal government has raked in nearly N30 billion from tax the amnesty scheme, the Voluntary Assets and Income Declaration Scheme (VAIDS). Chairman Federal inland Revenue Service (FIRS) Mr. Tunde Fowler made this disclosure in…

NERC to review electricity tariff

The Nigerian Electricity Regulatory Commission (NERC) says it intends to review the financial model used to determine the tariff payable by electricity consumers. Last week, James Momoh, NERC chairman, was quoted to have said the…