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
Sanwo-Olu prepares the way for Tinubu’s official visit to Lagos state
President Tinubu is expected to inaugurate several key projects executed by the Babajide Sanwo-Olu administration, including the Ojota–Opebi Link Bridge, designed to ease traffic congestion across the metropolis.
President Bola Tinubu will officially visit Lagos state on April 8 and 9, during which he will commission several completed projects by the administration of governor Babajide Sanwo-Olu.
The Commissioner for Information and Strategy, Gbenga Omotoso, said during a press briefing outlining activities for the President’s visit.
Omotoso said that Lagos remains Nigeria’s commercial hub and that the projects slated for commissioning reflect the administration’s investments in transportation, infrastructure, education, and public sector development.
According to him, President Tinubu is expected to inaugurate several key projects executed by the Babajide Sanwo-Olu administration, including the Ojota–Opebi Link Bridge, designed to ease traffic congestion across the metropolis.
Other projects include the Lagos State Geographic Information Service building, a multi-agency complex named after the President, a newly completed school complex, and the Mid-Level Agro Produce Hub in Abijo, Ibeju-Lekki.
He added that the Tolu Schools Complex in Ajegunle comprises 36 public schools—31 secondary and five primary schools—situated on 11.73 hectares of land in the Ajeromi-Ifelodun Local Government Area.
Omotoso said the redevelopment of the complex demonstrates the government’s people-oriented approach, noting that it serves about 20,000 pupils.
” These projects have been carefully conceived and executed to address the needs of our growing population, ease mobility, stimulate economic activity, and enhance social welfare,” he said.
News
Jega loses wife, Hajiya Hadiza
Hajia Hadiza passed on yesterday and was buried according to Islamic rites.
The Special Adviser to the President on Livestock Development, Prof. Attahiru Jega, has lost his wife, Hajiya Hadiza Jega.
Hajia Hadiza passed on yesterday and was buried according to Islamic rites.
Vice President Kashim Shettima, who represented the President at the janazah (Islamic funeral rites) yesterday at the National Mosque in Abuja, conveyed the President’s heartfelt sympathy to the bereaved family.
President Tinubu described the late Hajiya Hadiza as a woman of uncommon grace and strength, noting that she played a pivotal role as a steady support system to her husband throughout his years of public service, including his tenure as chairman of the Independent National Electoral Commission.
A statement in Abuja by his Special Adviser on Information and Strategy, Bayo Onanuga, said that the President also applauded her contributions to education and community development, highlighting her quiet but impactful influence in advancing social causes.
News
Atiku hires US lobbying firm for $1.2m to boost image – Report
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Ex-Vice-President Atiku Abubakar has hired a Washington-based lobbying firm, Von Batten-Montague-York, L.C., to strengthen his reputational standing in the United States.
The PUNCH reported that the details of the deal are contained in documents filed with the U.S. Department of Justice, which show that the agreement was signed on March 9 and 10, 2026, by the firm’s managing partner, Karl Von Batten, and Nigerian politician Fabiyi Oladimeji on behalf of the former vice president.
According to the filing sighted on the Department of Justice ’s website on Sunday, the contract is aimed at shaping perceptions of Atiku within U.S. policy circles and countering narratives linked to the Nigerian government.
One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.
Under the arrangement, the firm is expected to facilitate meetings between the former vice-president and U.S. government officials, including members of Congress, as well as provide advisory services on policy positioning and engagement strategy.
“These activities include lobbying and government affairs engagement with Members of Congress, congressional staff, and executive branch officials concerning issues related to democratic governance, regional stability, economic development, and U.S. engagement with Nigeria and the broader West African region,” part of the contract reads.
The firm will also undertake “promotion, perception management, and public relations activities designed to enhance understanding among U.S. policymakers and relevant stakeholders” of Atiku’s positions.
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