News

Nigerians groan over effects of 7.5% VAT on petrol prices

Published

3 years ago

June 19, 2023

269 Views

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

Miscreants Attack Lekki Palm Estate

Residents have called on relevant authorities to swiftly address the matter and ensure the continued safety of lives and property within the estate.

Published

6 hours ago

January 22, 2026

OCHEFA

11 Views

Tension gripped Lekki Palm Estate on Thursday morning following an attack by a group of suspected miscreants who claimed they were acting on the directives of the Oba of Lagos, Oba Rilwan Akiolu, and Oba Olumegbo.

Eyewitnesses said that the individuals stormed the estate and invoked the monarchs name while carrying out their actions, a development that immediately caused panic and concern among residents.

As at the time of filing this report, the claim that the group was sent by the Oba’s could not be independently verified.

Efforts to obtain clarification from official palace sources were still ongoing.

The situation attracted the prompt response of security operatives, with officers of the Lagos State Police Command arrested some of the suspects.

Police authorities have since launched investigations to determine the circumstances surrounding the incident and the authenticity of the claims made by those involved.

Residents have called on relevant authorities to swiftly address the matter and ensure the continued safety of lives and property within the estate.

News

Rivers Chief Judge : “Why I Can’t set up Fubara ‘s probe panel”

The Rivers State House of Assembly had requested that Amadi set up a seven-member panel to probe Fubara and his deputy, Ngozi Odu, over allegations of gross misconduct.

Published

10 hours ago

January 22, 2026

OCHEFA

13 Views

The Chief Judge of Rivers State, Justice Simeon Amadi, has declined to set up a judicial panel to investigate Governor Siminalayi Fubara, citing a court order.

The Rivers State House of Assembly had requested that Amadi set up a seven-member panel to probe Fubara and his deputy, Ngozi Odu, over allegations of gross misconduct.

However, in a letter dated January 20, and addressed to the Speaker of the House, Martins Amaewhule, the chief judge cited two court orders barring him from receiving, forwarding, or considering any requests to form such a panel.

The judge stated that the orders were served on his office on January 16, 2026 and remain in force.

The chief judge emphasised that constitutionalism and the rule of law require all authorities to obey subsisting court orders, irrespective of their perception of the orders’ validity.

He referenced legal precedents, noting that in a similar case in 2007, the Chief Judge of Kwara State was condemned for ignoring a restraining court order when setting up an investigative panel, a decision later voided by the Court of Appeal

News

Kudirat Abiola’s Murder: Supreme Court Dismisses Lagos State Appeal for Retrial of Al-Mustapha‎‎

‎‎Justice Aba-Aji, delivering the ruling, emphasized that nine years was more than sufficient for Lagos to act.

Published

10 hours ago

January 22, 2026

OCHEFA

15 Views

• Kudirat Abiola in 1994.

The Supreme Court has dismissed the long-standing attempt by the Lagos State Government to reopen the trial of Major Hamza Al-Mustapha (rtd), former Chief Security Officer to the late Head of State, General Sani Abacha, over the murder of Alhaja Kudirat Abiola.‎‎

Kudirat Abiola, wife of Chief MKO Abiola—the presumed winner of the annulled June 12, 1993 presidential election—was assassinated in Lagos on June 4, 1996, during the nationwide unrest that followed the annulment.‎‎

On Thursday, 22 January 2026, a five-member panel of Justices led by Justice Uwani Aba-Aji ruled that Lagos had abandoned its appeal.

The Court noted that since 2014, when permission was granted to reopen the case, the state had failed to file any process or provide legal representation despite repeated hearing notices.‎‎

Senior Advocate of Nigeria Paul Daudu, representing Al-Mustapha, informed the Court that Lagos had ignored the 30-day ultimatum issued in 2014 to file its notice of appeal.

He urged the Court to dismiss the matter entirely, a position the Justices unanimously upheld.

‎‎Justice Aba-Aji, delivering the ruling, emphasized that nine years was more than sufficient for Lagos to act.

The Court expressed dismay that no steps were taken, describing the state’s conduct as a clear abandonment of the case.‎‎

Accordingly, the matter marked SC/CR/45/2014 was dismissed, along with another related appeal, SC/CR/6/2014, filed by the Lagos State Government.

‎‎In 2014, the Supreme Court had granted Lagos permission to challenge the Court of Appeal’s July 12, 2013 judgment, which discharged and acquitted Al-Mustapha.

The then Acting Chief Justice of Nigeria, Justice Walter Onnoghen, extended the time for Lagos to file its appeal, but the state failed to comply.‎‎

The Lagos Government had sought to overturn the appellate court’s decision and reinstate the January 30, 2012 death sentence handed down by Justice Moji Dada of the Lagos High Court, which convicted Al-Mustapha, Mohammed Abacha, and Lateef Shofolahan of conspiracy and murder.