August 2, 2025

Policy update

General Policy update

Customs Introduces Unified 4% FOB Charge to Replace Multiple Import Levies — CG Adeniyi

July 22, 2025 The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has announced the introduction of a unified four percent Free on Board (FOB) charge to replace multiple import levies previously imposed on cargo imports into Nigeria. Speaking during a stakeholders’ meeting held in Lagos on Monday, CGC Adeniyi emphasized that the new

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General Policy update

Federal Government Halts Implementation of Doctors’ Allowance Circulars Pending Further Dialogue

The Federal Government has put a temporary hold on the implementation of recently issued circulars concerning doctors’ allowances, citing the need for broader consultations with relevant stakeholders in the health sector. The decision, which comes amid growing tension within the medical community, was confirmed by the Federal Ministry of Health and Social Welfare, which stated

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General Policy update

FG to Enforce Vehicle Load, Height Limits on Bridges Nationwide

The Federal Government has announced plans to commence strict enforcement of vehicular load and clearance height regulations on bridges across Nigeria as part of efforts to safeguard national infrastructure and enhance road safety. This directive, which was disclosed by the Federal Ministry of Works on Tuesday, aims to curb the growing incidents of bridge deterioration

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General Policy update

Sanwo-Olu Charges Public Accountants on Skills Upgrade for Sustainable Fiscal Management

Lagos State Governor, Mr. Babajide Sanwo-Olu, has called on public sector accountants to continuously enhance their professional skills to meet the demands of modern financial management and promote sustainable economic development. The governor made this appeal while speaking at the opening ceremony of the 2025 Annual Conference of the Association of National Accountants of Nigeria

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Business Policy update

CAC Set to Enhance Company Registration Portal for Improved Speed and User Experience

The Corporate Affairs Commission (CAC) has announced plans to upgrade its online company registration platform in a bid to ensure faster processing times and a more seamless experience for users across Nigeria. The move, which forms part of broader reforms aimed at strengthening the country’s ease of doing business framework, is expected to enhance service

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General Policy update

Lagos Assembly Advances Tenancy Bill to Regulate Landlord–Tenant Relations

July 11, 2025 | Lagos — The Lagos State House of Assembly has successfully passed the second reading of the Lagos Tenancy Bill, a proposed law designed to clearly define and regulate relationships among landlords, tenants, and estate agents across the state . Titled “A Bill for a Law to Regulate the Relationship between Landlords

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General Policy update

Lagos Inaugurates Strategic Governance Committee to Enhance Institutional Compliance and Policy Direction

Alausa, Lagos – July, 2025 — The Lagos State Government has inaugurated a high-level committee tasked with ensuring that public institutions across the state operate in alignment with relevant laws, policies, and strategic developmental goals. The inauguration, which took place at the State Secretariat in Alausa, marks a significant step toward deepening good governance, transparency,

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Policy update Politics

INEC to Release Clarified Guidelines on Reviewing Declared Election Results

Abuja, July 1, 2025 — The Independent National Electoral Commission (INEC) is preparing to issue supplementary regulations to its 2022 election guidelines aimed at resolving ambiguity over the review process for declared results, particularly those returned under pressure or duress. At a consultative meeting with Resident Electoral Commissioners on Tuesday, INEC Chairman Prof. Mahmood Yakubu

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General Policy update Tax Evasion Tax Reform

Households Earning ₦250,000 and Below Monthly Exempted from Taxation, Says Presidential Tax Reform Committee Chairman

The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has announced that Nigerian households earning ₦250,000 or less on a monthly basis will be exempted from paying personal income tax, in what he described as a major step towards easing the financial pressure on low-income earners across the country. Speaking

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Policy update Politics

Abia State House of Assembly Passes 37 Bills in Two Years

UMUAHIA — The Abia State House of Assembly has announced that it has successfully passed 37 bills since its inauguration two years ago, reflecting what it described as a period of “robust legislative activity and people-focused lawmaking.” The disclosure was made on Tuesday, June 25, 2025, during a special plenary session held to mark the

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