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Newspaper Headlines: FG proposes renaming of FIRS to NRS

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
December 23, 2022 7:11 am

The reaction of the Central Bank of Nigeria (CBN) to the pushback to the cash withdrawal policy dominated the cover pages of Nigerian newspapers on Friday.

The Punch says the CBN has insisted that the cash withdrawal limit policy was not targeted at vulnerable people. The newspaper reports that manufacturers have paid N403.2bn tax to the federal government in the last year, despite the economic crunch.
The Nation says Bola Tinubu, presidential candidate of the All Progressives Congress (APC), has vowed to scrap multiple exchange rates and petroleum subsidy. The newspaper reports that Nyesom Wike, governor of Rivers, said the Integrity Group will unveil a preferred presidential candidate in February 2023.
THISDAY says the national assembly postponed the passage of the 2023 budget over errors in the fiscal document. The newspaper reports that the federal government is proposing to change the name of the Federal Inland Revenue Service (FIRS) to Nigeria Revenue Service (NRS).
The Guardian says the renewed face-off between the executive arm of government and the national assembly has constituted a cog in the wheel of the 2023 budget. The newspaper reports that airline operators now risk two-year imprisonment and an N5 million fine over failure to remit statutory ticket sales and cargo sales charges as at when due.
Daily Trust says the defence headquarters is investigating the killing of innocent civilians during air strikes in Maru LGA, Zamfara, last Sunday. The newspaper reports that the house of representatives is set to insist on the reversal of the cash withdrawal limit policy.

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