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Nigeria lacks strong monitoring, evaluation framework for policy implementation

CCPO visits LCCI

CCPO visits LCCI April 22, 2021 LAHORE: Capital City Police Officer Lahore Additional IG Ghulam Mahmood Dogar has said that provision of peaceful and compatible environment for business community and resolution of their genuine problems on priority basis is top priority of Lahore Police. All possible measures are being taken in consultation with the business community as well as other stakeholders for improving security and safety of business class. He said this during his visit at Lahore chamber of commerce and industry here today. President of Lahore chamber and Industry Mian Tariq Misbah and office bearers welcomed CCPO Lahore and other senior police officers. Ghulam Mahmood Dogar reviewed the process and quality of the services being provided to the business community at Police Khidmat Markaz of LCCI and expressed his satisfaction over the standard of the service delivery. At the request of President LCCI, Ghulam Mahmood Dogar approved the establishment of online Driving Test

LCCI asks govt to focus on fixing Faster Plus

LCCI asks govt to focus on fixing Faster Plus Business April 1, 2021 LAHORE: The Lahore Chamber of Commerce and Industry on Wednesday suggested the government focus on fixing the technical problems in the sales tax e-refund system (Faster Plus), a statement said. Presenting the budget proposals for 2021/22, the Lahore Chamber said that the condition of disclosing CNIC for the sale to an unregistered person should be abolished in the larger interest of small businesses in the country in these challenging economic times. Discussing about the turnover tax, it suggested that the rate should be reduced from the current 1.5 percent for the retail sector.

MAN, LCCI commend CBN s move to address forex squeeze | The Guardian Nigeria News - Nigeria and World NewsNigeria — The Guardian Nigeria News – Nigeria and World News

CBNIndustrialists and Manufacturers on Monday said the Naira 4 Dollar Scheme, an initiative by the Central Bank of Nigeria to encourage diaspora remittances would help stabilize the forex situation of the country. They made the assertion in separate interviews with the News Agency of Nigeria (NAN) on Monday in Lagos. x NAN reports that the CBN in a circular dated March 5, 2021, directed all Deposit Money Banks and International Money Transfer Operators (IMTO) to henceforth pay recipients of diaspora remittances N5 for every USD1 received as remittance inflow. Mr Segun Ajayi-Kadir, Director-General, Manufacturers Association of Nigeria (MAN) said the scheme was set against the backdrop of the forex squeeze aggravated by the fall in oil prices and the COVID-19 pandemic since the first quarter of 2020.

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