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Nigerians groan over effects of 7.5% VAT on petrol prices

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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.

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Ogun Govt Warns Public Against Fraudulent ₦20,000 Youth Empowerment Scam

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The Ogun State Government has issued a strong alert to residents over a circulating fraudulent social media message falsely claiming that Governor Dapo Abiodun is offering a ₦20,000 Youth Empowerment Cash Transfer through an online registration link.

In a statement issued by the Special Adviser to the Governor on Information and Strategy, Kayode Akinmade, the government described the message as “entirely false and fraudulent,” labelling it the handiwork of unscrupulous individuals attempting to defraud unsuspecting members of the public by exploiting the Governor’s name and image.

The government emphasised that no ₦20,000 cash transfer programme is currently being offered by the state. It clarified that the online link being circulated has no connection whatsoever with the Ogun State Government or the Office of the Governor.

Residents have been strongly advised to refrain from clicking the suspicious link, providing any personal or banking details, or forwarding the message to others, as doing so could expose them to financial fraud and identity theft.

“Members of the public should disregard the fake message completely and rely only on information released through the official communication channels for authentic announcements on government programmes and initiatives,” Akinmade said.

The statement further revealed that security agencies have been notified to track down and prosecute those behind the criminal impersonation.

The Ogun State Government reiterated its commitment to protecting residents from such fraudulent schemes and urged the public to remain vigilant against online scams designed to exploit innocent citizens.

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Kano Gov Yusuf Nominates Garo as Deputy Governor for 2027 Re-election

The Governor said that the decision followed Garo’s outstanding loyalty, commitment, and unwavering passion for the development of Kano State since assuming office as Deputy Governor.

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Kano State Governor, Alhaji Abba Kabir Yusuf, has officially announced the nomination of his deputy, His Excellency Murtala Sule Galadima Garo, as his running mate for the 2027 governorship election.

This was contained in a statement issued by the Governor’s spokesman, Sunusi Bature Dawakin Tofa, on Monday.

Governor Yusuf made the announcement during a strategic meeting with Federal Political Appointees of President Bola Ahmed Tinubu held at the Kano Governor’s Lodge in Abuja.

The Governor said that the decision followed Garo’s outstanding loyalty, commitment, and unwavering passion for the development of Kano State since assuming office as Deputy Governor.

He expressed satisfaction with the working relationship between them, noting that Garo had demonstrated competence, dedication, and a strong sense of responsibility in the discharge of his duties.

“I have no regrets for choosing Garo as my Deputy in the last few months, and he has proven to be the right choice so far. I want to confirm to you that I have every confidence in him,” Governor Yusuf declared.

The Governor also passed a vote of confidence on the Deputy Governor, describing him as a dependable partner whose contributions have strengthened the administration’s drive to deliver meaningful development across Kano State.

Governor Yusuf urged party leaders, political appointees, and supporters to remain united and committed as the administration continues to consolidate on its achievements while preparing for the 2027 general elections.

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Gbadebo Rhodes-Vivour loses mum

Rhodes-Vivour disclosed the development in a statement posted on his official X account on Monday.

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Nkechi Stella Rhodes-Vivour image credit: Instagram

The governorship candidate of the African Democratic Congress (ADC) in Lagos State, Gbadebo Rhodes-Vivour, has announced the death of his mother, Nkechi Stella Rhodes-Vivour.

Rhodes-Vivour disclosed the development in a statement posted on his official X account on Monday.

The statement, issued on behalf of the family by Olawale Rhodes-Vivour, described the deceased as a loving wife, devoted mother and grandmother.

” With sadness in our hearts and gratitude to God for a life well spent, we announce the call to glory of Nkechi Stella Rhodes-Vivour (née Waboso). A loving wife, devoted mother and grandmother. The epitome of love,” the statement read.

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