News
Nigerians groan over effects of 7.5% VAT on petrol prices
Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax on the price of premium motor spirit, otherwise known as petrol.
This comes barely a month after President Bola Tinubu removed the subsidy on petrol during his inaugural speech on May 29, raising the price of PMS from N188 to about N580 in different states of the federation.
Recall that the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that the Finance Act 2020 raised the previous 5 per cent VAT of the country to 7.5 per cent on commodities including automobile gas oil and it was implemented on February 20, 2020.
But the VAT-exempt items include honey, bread, cereals, cooking oils, culinary herbs, fish, flour, starch, fruits, meat, poultry, milk, nuts, pulses, roots, salt, vegetables, water, sanitary pads, tampons, tertiary, secondary, primary and nursery tuition.
While other commodities have been VAT-compliant, PMS was not until recently because it was being subsidised by the Federal Government.
However, the new development has hit Nigerians hard, as many have called for an utmost review of it, especially because of the recent removal of fuel subsidies.
See reactions below:
A user, Ingawa said, “That means for every litre of AGO you will buy, you have to pay 7.5% Consumer Tax (VAT) of the Pump Price. For example; If 1 litre of AGO is N650 at the filling station, then you have to pay an additional N48.75 being payment for 7.5% VAT. The total price per litre will be N698.75 per litre.”
Another user, Angry Non-Nigerian, said, “When Tinubu said ‘widen the tax net, you people thought he was joking. The only thing that man knows is tax, tax and tax. As Lagosians.”
One Oyo said, “The Citizens will be the main IGR for this government. There is no single move to cut the cost of government from the Senate to the House to other departments. They went to education first by trying to add tuition fees, now 7.5% VAT on PMS. Everything directly to the common man.”
Akwa Ibom 1st son opined, “So after the removal of subsidy and the price of fuel jumped to 530, they’ve now decided to add 7.5%. VAT on AGO. In all of these, what are the politicians losing, and what are they sacrificing?”
“7.5% VAT on diesel after subsidy on petrol was removed? They will show you people shege banza pro max air 2. The government is after our lives bro!.
“Even those that were shouting ‘Akanbi’ will not be left out. They might even end up being the most affected. The evil will go round. I swear!
“Good governance is not attained by wishful thoughts, things don’t work that way. Now, Tinubu is going for a check-up after ruining the economy with senseless policies.
“His supporters have been crying since last week because the pressure is going around. We must all learn a lesson,” Madu Obi wrote.
News
Minister of Power Apologise To Nigerians Over Blackouts
“I can tell you, with the committee that we have set up, and commitments from gas suppliers, and the timeline for repair of the gas pipelines, two weeks from now, we should start seeing improvements in supply. Two weeks,” Adelabu said.
The Minister of Power, Adebayo Adelabu, has apologised to Nigerians over the prolonged and severe electricity outages recorded in recent weeks across the country.
He acknowledged the strain the outages have caused on households and businesses in key sectors of the economy.
“I want to apologise to Nigerians, officially now, coming from me as the Minister of Power, for this temporary issue that is leading to hardship being experienced, especially during this dry season, where there is so much heat everywhere,” Adelabu said at a press briefing in Abuja on Tuesday
He admitted that the ongoing blackouts has worsened living conditions, particularly during the intense dry-season heat.
“Businesses are being affected, schools have been affected, and industries have been affected. It is not our wish to find ourselves in this situation, but it is due to some factors that are actually beyond our control, ”said Adelabu.
Despite the disruptions, Adelabu assured citizens that the situation would soon improve, offering a clear timeline for restoration of better power supply.
“I can tell you, with the committee that we have set up, and commitments from gas suppliers, and the timeline for repair of the gas pipelines, two weeks from now, we should start seeing improvements in supply. Two weeks,” Adelabu said.
News
BUK expels 171 students for admission frauds
The affected students cut across different departments and levels, describing the action as part of efforts to sanitise its academic records
The Senate of Bayero University Kano has approved the expulsion of 171 students over falsification of admission entry qualifications.
In a statement published in the university’s weekly bulletin on Friday, said that the decision was taken during the Senate’s 433rd meeting held on March 4, 2026.
It said that following an investigation by the Senate’s Committee on Entry Qualification Irregularities, the affected students were found to have presented falsified credentials during their admission processes.
The university noted that the offence constitutes a violation of Section 20.7, Category A (vii) of its General Examinations and Academic Regulations, which prescribes expulsion for such misconduct.
It added that the affected students cut across different departments and levels, describing the action as part of efforts to sanitise its academic records.
News
Tinubu renews determination to conquer insecurity nationwide
Tinubu revealed that security cooperation formed a major part of his recent engagements abroad, particularly during his visit to the United Kingdom, adding that his government was prepared to leverage Nigeria’s goodwill and existing credit lines to acquire the needed support.
President Bola Ahmed Tinubu said on Sunday that his administration is intensifying diplomatic engagements with world leaders to secure critical equipment and training support for Nigeria’s security and intelligence agencies as part of a renewed push to end insecurity across the country.
He disclosed this while receiving state governors who paid him a courtesy visit his Ikoyi residence in Lagos, where he observed the Eid-el-Fitr holidays after returning from his two-day state visit to the United Kingdom.
President Tinubu said that the discussions with international partners, including recent talks with French President Emmanuel Macron, were already yielding prospects for collaboration in strengthening Nigeria’s security architecture.
Tinubu revealed that security cooperation formed a major part of his recent engagements abroad, particularly during his visit to the United Kingdom, adding that his government was prepared to leverage Nigeria’s goodwill and existing credit lines to acquire the needed support.
“One of the major discussions in the UK is equipment and support. I can report to you that yesterday again, I had a lengthy discussion with Emmanuel Macron on their collaboration with us for equipment and support,” the President said.
He added that efforts were ongoing to reach out to other countries willing to assist Nigeria in combating insecurity through provision of modern tools and capacity building for security personnel.
“If we have to spend our goodwill and line of credit, we have those who are willing to support us with equipment and training,” Tinubu stated.
Describing insecurity as a direct threat to national development, the President stressed that tackling the menace remained a top priority for his administration, calling for collective action by all levels of government.
“Insecurity is an enemy of development, progress and prosperity. The next phase of our struggle is staring us in the face, and it is the challenge of insecurity in this country,” he said.
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