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In a statement on Sunday, Human rights lawyer, Mr. Femi Falana described the use of the Presidential jet for personal use as an abuse of office He said “ the children of the President have no right to convert the Presidential jet to personal use”. This was a result of Buhari’s daughter, Hanan, using the Presidential jet to attend an event in Bauchi State last week where she was invited to take pictures and make a catalogue of Bauchi arts and culture as part of her pet project. The President’s spokesman while reacting to  criticisms, said, “It’s true that a member of the First Family was flown to Bauchi on a mission duly authorised. It wasn’t an impromptu or improper trip because it followed normal procedure. The Presidency informed the National Security Adviser of the mission who in turn informed the Commander of the Presidential Air Fleet. “The normal practice, in existence for a long time, is that the Presidential Air fleet is available to the President and the First Famil...

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax, the Federal Government has said. Currently, all companies are expected to pay to the Federal Government 30 per cent of their profits as Companies Income Tax. However, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said once the bill was signed into law, companies making a turnover of less than N25m would no longer pay this tax while those that earned between N25m and N100m yearly would pay 20 per cent as Companies Income Tax. She said those earning over N100m would continue to pay the 30 per cent of their profits as CIT. Source: punchng.com Read more: https://punchng.com/company-tax-fg-to-exempt-firms-earning-below-n25m/

The US Air Force has sent a chilling message to Iran with a huge display of jet fighter force as President Trump deployed B-52s with their sights set on Tehran. Dozens of F-35A Lightning II stealth fighter jets took to the runway on Monday as Utah’s Hill Air Force Base hosted a Combat Power Exercise. Fifty-two aircraft were used in the drill conducted by the active-duty 388th and Reserve 419th Fighter Wings. An elephant walk – a term for the taxing of military aircraft before take-off – was organized as part of the exercise. Source:  olasplash.blogspot.com

The National Universities Commission has said that there are possibly more than 100 fake professors across Nigerian universities. Executive Secretary of NUC, Prof Abubakar Rasheed, disclosed this while addressing journalists in Abuja. Rasheed said, “As part of measures at repositioning our universities, the NUC through its STRADCOM, recently verified and published a full directory of professors in the Nigerian university system. “In the process of validating the submissions, university Senates have, in some cases, uncovered that quite a number of professors are either fake or are yet to mature to full professors.” The executive secretary dismissed claims in some quarters that the Federal Government had abolished catchment area as part of criteria for admission into Nigerian universities. Rasheed said the commission had initiated massive reforms in the last three years such as curriculum re-engineering, introduction of new programmes, unbundling of some programmes, res...