In a move that strengthens legislative oversight while promoting local enterprise, the Abia State Government has provided operational vehicles to lawmakers, with the trucks sourced from an indigenous manufacturer in the state.Speaking at a workshop in O… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Abia Govt gives lawmakers local trucks, backs manufacturing By Busola Bamidele on March 4, 2025 In a move that strengthens legislative oversight while promoting local enterprise, the Abia State Government has provided operational vehicles to lawmakers, with the trucks sourced from an indigenous manufacturer in the state. Speaking at a workshop in Ohiya, Governor Alex Otti reiterated his administration's commitment to inclusive governance, emphasizing that political affiliations would not hinder collaboration for Abia's progress. "Our approach remains the same. We are not pressuring anyone, but our doors remain open. If you choose to remain where you are politically, we will still work together amicably for the good of Abia," he said. Read also: Abia Govt gives lawmakers local trucks, backs manufacturing FG launches treasury management system to replace REMITA Apply Now: NITDA opens GITEX Africa applications for startups ITF to train 100,000 more artisans under SUPA program FEC approves N2.5bn satellite technology to tackle illegal mining Deputy Speaker of the State House of Assembly, Augustine Okezie, expressed gratitude to the governor, stating that the locally assembled vehicles would enhance lawmakers' oversight functions. He praised the administration's decision to support indigenous manufacturers, highlighting the importance of patronizing local businesses to drive economic growth and job creation in Abia. The initiative aligns with the state's broader vision to empower small and medium-sized enterprises (SMEs) and strengthen local industries, fostering economic sustainability through homegrown solutions.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110

The Federal Government has introduced a new payment platform, Treasury Management & Revenue Assurance System (TMRAS), to replace REMITA for revenue collection.According to a memo from the Office of the Accountant General of the Federation, TMRAS goe… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG launches treasury management system to replace REMITA By Busola Bamidele on March 4, 2025 The Federal Government has introduced a new payment platform, Treasury Management & Revenue Assurance System (TMRAS), to replace REMITA for revenue collection. According to a memo from the Office of the Accountant General of the Federation, TMRAS goes live today, March 4, 2025, in two phases. The first phase will handle naira transactions, including revenue collection, tax deductions, and financial tracking across MDAs. Read also: FG launches treasury management system to replace REMITA Apply Now: NITDA opens GITEX Africa applications for startups ITF to train 100,000 more artisans under SUPA program FEC approves N2.5bn satellite technology to tackle illegal mining NAFDAC halts registration of Multi-Dose Anti-Malarial suspension over efficacy concerns The second phase, launching June 1, 2025, will integrate foreign exchange transactions and budget control for non-budgetary financial activities. The system ensures automatic deduction of 50% of Internally Generated Revenue (IGR) from MDAs, enhances financial transparency, and eliminates manual payment mandates. Only CBN-approved Payment Solution Service Providers (PSSPs) will be permitted to process government revenue. REMITA will run alongside TMRAS until May 4, 2025, to allow a smooth transition. The initiative aligns with the Finance Minister Wale Edun's goal of boosting treasury management, revenue assurance, and budget performance.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110

By Busola Bamidele The National Information Technology Development Agency (NITDA) has announced a call for applications for Nigerian startups to showcase their innovations at GITEX Africa Morocco, one of the continent's leading tech and startup ex… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Apply Now: NITDA opens GITEX Africa applications for startups By Busola Bamidele on March 4, 2025 By Busola Bamidele The National Information Technology Development Agency (NITDA) has announced a call for applications for Nigerian startups to showcase their innovations at GITEX Africa Morocco, one of the continent's leading tech and startup exhibitions. In a post on its X handle, NITDA urged startups with groundbreaking ideas to seize the opportunity, stating: "A CALL FOR APPLICATION!!! Are you a startup with a game-changing idea? Win a chance to showcase your innovation on a global stage at GITEX Africa Morocco." Read also: Apply Now: NITDA opens GITEX Africa applications for startups ITF to train 100,000 more artisans under SUPA program FEC approves N2.5bn satellite technology to tackle illegal mining NAFDAC halts registration of Multi-Dose Anti-Malarial suspension over efficacy concerns Naira gains ₦1, hits ₦1,499/$1 in official market The deadline for applications is March 11, 2025. Interested startups can apply via programs.startup.gov.ng/gitex. GITEX Africa provides a platform for startups to connect with investors, industry leaders, and potential partners, boosting their global visibility and business opportunities.

SMALL BUSINESS INSIGHTS © 2025. Manage your email settings or unsubscribe. Get the Jetpack app Subscribe, bookmark, and get real‑time notifications - all from one app! Automattic, Inc. 60 29th St. #343, San Francisco, CA 94110