The Investments & Securities Tribunal (IST) is for resolution of disputes in the Nigerian Capital Market. It provides efficient resolution of capital market disputes with fairness, flexibility and transparency.​ The Tribunal is a dedicated fast-track civil court established pursuant to section 274 of the Investments & Securities Act 2007, for the resolution of disputes in…

The Abuja – Kano Road is a very important carriageway that connects other parts of Nigeria to the North, it cuts through FCT, Niger, Kaduna, and Kano States. The carriageway is 375.9km long with 3 sections. Details SectorMotorways Completion Date(Q1) of 2024. Commencement Date25th April 2018 ParticipantsNSIAFRNRecovered Assets StateAbujaKanoKadunaNiger Boost economic activities The bridge is…

The Second Niger Bridge project is a very significant project that will decongest the existing Niger Bridge, boost economic activities, and connect the South-East with the rest of the country. The bridge and its link roads are expected to be 46.9km long, connecting Asaba (Delta State) and Onitsha (Anambra State).  The bridge is split into…

The Lagos – Ibadan Expressway is a 127.6 km-long expressway cutting through Lagos, Ogun, and Oyo States. It is widely regarded as the busiest interstate road in the country and the major connection route between the northern, southern, and eastern parts of Nigeria. Lagos – Ibadan Expressway is divided into 2 sections. Section I Section…

Individuals, groups, organizations and corporate citizens may derive valuable benefits from imbibing a culture of tax compliance. The benefits derivable include but are not limited to: • Providing sustainable finance and funding for governance, public and social services and economic development. • Stimulating priority social and economic activities and sectors while discouraging less preferred ones.…

In 2007, FIRS got financial and administrative autonomy with the passage of the Federal Inland Revenue Service(establishment) Act 2007. FIRS has since witnessed organisational restructuring, the enactment of a National Tax Policy, improved funding, legislation, stronger taxpayer education, dispute resolution mechanism, taxpayer registration and the introduction of the Taxpayer Identification Number (TIN), human capacity building,…

Stamp duties Proclamation 1903 High Commissioner of the then Northern Protectorate,Sir Fredrick Lugard issued the Stamp Duties proclamation  and followed it with the Native Revenue Proclamation in 1906. Native Revenue Ordinance re-issued 1917 Following the amalgamation of Northern and Southern Protectorates in 1914, the colonial Government re-issued the Native Revenue Ordinance. Federal Board of Inland…

The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) with a share capital of N50, 000,000,000 (Fifty Billion Naira) held equally by the Federal Ministry of Finance Incorporated and the Central Bank of Nigeria. The Bank which replaced the Nigerian Export Credit Guarantee & Insurance Corporation…

The Government Integrated Financial Management Information System (GIFMIS) is an IT based system for budget management and accounting that is being implemented by the Federal Government of Nigeria to improve Public Expenditure Management processes, enhance greater accountability and transparency across Ministries, Departments and Agencies. GIFMIS is designed to make use of modern information and communication…

The Office of the Accountant-General of the Federation is the Treasury of the Federal Republic of Nigeria. The Office is headed by the Accountant-General of the Federation who is the Chief Accounting Officer for the receipts and payments of the Federation. The Office is an Extra- Ministerial Department of the Federal Ministry of Finance. During…