In a strategic move aimed at revitalizing Nigeria’s oil and gas industry, President Bola Tinubu has signed the Upstream Petroleum Operations Cost Efficiency Incentives Order, 2025, into law. Announced on June 2, 2025, this executive order introduces groundbreaking tax relief measures for upstream oil and gas companies that adopt cost-saving practices. What’s in the New […]

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adelabu Adedeji, officially welcomed the agency’s newly recruited staff during an induction programme held on Monday, June 2, 2025. Delivering his keynote address, Adedeji highlighted the critical responsibility the new employees carry in helping shape Nigeria’s economic future and ensuring long-term fiscal sustainability. “Today