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.
City FM 105.1, Lagos’ leading lifestyle radio station, has announced the official press conference for its flagship annual event.
Praise in the City 2025 (PITC 2025) – a premier gospel music concert, worship experience, and family funfair.
The press conference is scheduled for Wednesday, December 17, 2025, at 12 noon at the Radisson Blu Hotel, Ikeja GRA, Lagos.
Since launching in 2015, Praise in the City has evolved into the largest Christmas concert on the Lagos Mainland, attracting over 4,000 families each year for an uplifting atmosphere of worship, thanksgiving, and community bonding. Held annually on Boxing Day (December 26), the free event has become a beloved tradition for families seeking a meaningful and joyous end-of-year celebration.
As a key pillar of City FM’s Corporate Social Responsibility (CSR) efforts, Praise in the City extends beyond music to embody the spirit of giving. The event includes sharing gifts, meals, and joy with the less privileged, fostering unforgettable memories and social impact across Lagos.
“Praise in the City 2025: Celebrating its 10th anniversary as the largest annual praise concert and family funfair on the Lagos mainland.”
The 2025 edition promises an exciting lineup of renowned gospel artists, including:
Bidemi Olaoba, Tope Alabi, Mike Abdul, Testimony Jaga, Yinka Alaseyori, BJ Sax, Laurence and the Covenant, Lilian Nneji, Tosin Alao, Tony Adoki, and many more.
Music curation will be led by DJ Gosporella, joined by City FM’s resident DJs DJ OMG and DJ Gee Lincon, delivering a dynamic mix of praise, worship, and celebratory gospel vibes.
The press conference will reveal detailed program highlights, the full ministerial lineup, family-oriented activities, and City FM’s long-term vision for Praise in the City as a platform promoting faith, unity, and community outreach – especially meaningful as this marks the event’s 10th anniversary.
City FM extends a warm invitation to media representatives, partners, stakeholders, and the public to join the press conference and contribute to the excitement leading up to this milestone celebration.
News
Supreme Court rules Tinubu has the constitutional power to declare a state of emergency
The judgment followed a suit instituted by states governed by the Peoples Democratic Party, challenging the declaration of a state of emergency in Rivers State by President Bola Tinubu, during which elected state officials were suspended for six months.
The Supreme Court, on Monday,upheld that President Bola Tinubu has the constitutional power to declare a state of emergency in any state to prevent a breakdown of law and order or a descent into chaos and anarchy.
The judgment delivered today, December 15, 2025, by Justice Mohammed Idris; held that Section 305 of the 1999 Constitution empowers the President to adopt extraordinary measures to restore normalcy where a state of emergency has been declared.
The judgment followed a suit instituted by states governed by the Peoples Democratic Party, challenging the declaration of a state of emergency in Rivers State by President Bola Tinubu, during which elected state officials were suspended for six months.
In a ruling of six to one, the apex court upheld the President’s authority under the Constitution to proclaim a state of emergency.
The court further held that, during such a period, the President may suspend elected officials, provided any such suspension is for a limited duration.
He noted that the provision does not specify the exact nature of those extraordinary measures, thereby vesting the President with discretion on how to act in such circumstances.
The Supreme Court had reserved judgment in the matter in October.
The plaintiffs were the Attorneys-General of PDP-controlled states, while the defendants were the Federal Government and the National Assembly.
A private jet operated by Flybird has reportedly crash-landed at the Malam Aminu Kano International Airport in the early hour of today.
The aircraft, was said to be flying from Abuja, and landed around 9:30 a.m with 11 people on board, including three crew members.
Reports says passengers were quickly and safely evacuated from the plane, and no deaths were reported.
More details are expected to come in later.
See video below:
City FM 105.1 Unveils Plans for Praise in the City 2025
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