Online News Magazine
Online News Magazine
……Says VAT remains at 7.5% Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Monday, debunked reports doing the rounds that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10% from 7.5%. The Minister, in a statement signed by him, affirmed that VAT rate as contained in relevant […]
THE Minister of Solid Minerals Development, Dr Dele Alake, has hailed the $1 billion, approximately N1.6 trillion new iron ore to steel project planned for Kogi State as a breakthrough for the Federal Government, FG, value addition policy. According to a statement signed by Segun Tomori, Special Assistant to the Minister of Solid Minerals Development, […]
In the early hours of Sunday, a tragic tanker explosion occurred along the Lapai-Agaie road, approximately 2 kilometres from Dendo Community in the Agaie Local Government Area (LGA) of Niger State. The incident, which occurred around 12:30 am, involved a petrol tanker loaded with petrol that collided with a truck carrying passengers and cattle. The […]
The National Agency for Food and Drug Administration and Control, NAFDAC, is investigating the miracle water and soap being sold at Christ Mercy Land Deliverance Ministries, led by Prophet Jeremiah Fufeyin. In a statement on Sunday, NAFDAC accused the church of using its name to mislead and deceive the public. In the statement signed by […]
The Nigerian Immigration Service, NIS, deported a total of 61 foreign nationals from the country in August 2024. This is according to a report released by the Service detailing its achievements for August 2024. NIS said the exercise is to address and curb the issue of irregular migration in the country. The report partly read, […]
Former Nigeria’s Vice President and the flag bearer of People’s Democratic Party in 2023 General Election, Atiku Abubakar, has faulted the plans by the Federal Government to increase the Value Added Tax (VAT). Atiku, who spoke via his verified X handle on Sunday, said the policy would heighten the domestic cost-of-living and worsen Nigeria’s already […]
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to direct the Nigerian National Petroleum Company Limited (NNPCL) to quickly reverse what it described as the illegal and unconstitutional increase in the pump price of Premium Motor Spirit (PMS) across its retail outlets. SERAP, in a statement by its Deputy Director, Kolawole Oluwadare, […]
A rare cruise by two German warships in the Indo-Pacific region will demonstrate a commitment to open navigation, the admiral in charge of the naval task force said on Friday, but he declined to confirm if they would transit the contested Taiwan Strait. “Safe and secure sea lanes, especially from Southeast Asia as well as […]
The Nigeria Police Force High Command has clarified the rumoured tenure extension for Inspector General of Police, Dr. Kayode Adeolu Egbetokun, stating that there was no extension granted by President Bola Ahmed Tinubu. Instead, the law governing the tenure of the IGP’s office was properly applied. This clarification was made in a statement released on […]
Governor Dikko Radda of Katsina State has advocated the capturing of gun-wielding bandits, kidnappers and other criminals with bare hands by local communities as a way of protecting themselves. The governor stated that when a community of over 3000 people is attacked by about five criminals, the youths of the community should rise against them […]
