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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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JUST IN: Alleged Coup Plotters Set for Arraignment at Noon Wednesday

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The alleged coup plotters in Nigeria’s foiled treason scheme will be arraigned before Justice Joyce Abdulmalik at the Federal High Court at noon This Wednesday.

‎The Attorney-General’s office confirmed the development moments ago.

On Monday, the federal government filed charges under FHC/ABJ/CR/206/2026, signed by the Attorney General Lateef Fagbemi, SAN, accusing retired Major General Mohammed Ibrahim Gana, retired Naval Captain Erasmus Victor, Inspector Ahmed Ibrahim, Zekeri Umoru, Bukar Goni, and Abdulkadir Sani of conspiring in 2025 to “levy war against the state” and overthrow the President—punishable under Section 37(2) of the Criminal Code.

‎The charges also allege they shared over N71 million for terrorism financing, failed to report prior knowledge of a treasonable plot by one Colonel Mohammed Alhassan Ma’aji and others, and neglected to prevent it. Former Minister of State for Petroleum Timipre Sylva is named but remains at large.

‎In Count One, the defendants are accused of conspiring with others sometime in 2025 in Abuja to levy war against the state in order to overthrow Nigeria’s President, Bola Tinubu — an offence punishable under Section 37(2) of the Criminal Code.

‎Subsequent counts allege that the accused knew of an impending act of treason and terrorism by Colonel Ma’aji and others but failed to disclose it to the relevant authorities, in violation of the Terrorism (Prevention and Prohibition) Act, 2022.

‎Particularly damning are the money laundering and terrorism financing counts.

Abdulkadir Sani, a Zaria-based cleric, is accused of indirectly retaining N2,000,000 in a Jaiz Bank account, while Bukar Kashim Goni allegedly retained N50 million in his First Bank account.

Zekeri Umoru faces charges of accepting N10 million in cash from Colonel Ma’aji and retaining nearly N8.8 million in a Zenith Bank account — all sums reasonably suspected to be proceeds of terrorism financing.

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JUST IN: Gov Yusuf Nominees Murtala Garo as New Kano Deputy

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Following extensive consultations, Kano State Governor Abba Kabir Yusuf has officially nominated Murtala Sule Garo for the position of Deputy Governor, transmitting his name to the State House of Assembly for screening and confirmation.

The nomination, announced Wednesday, April 22, 2026, by the Governor’s Chief Press Secretary, Mustapha Muhammad, fills the vacancy created by the voluntary resignation of former Deputy Governor Comrade Abdussalam Gwarzo on March 27, 2026.

Garo, a former Commissioner for Local Government and Chieftaincy Affairs, was selected from a list of three nominations submitted by stakeholders of the All Progressives Congress (APC) legacy group, led by former National Chairman, Dr. Abdullahi Ganduje.

The other nominees included Alhassan Rurum and former Secretary to the State Government, Sulaiman Bichi.

The 48-year-old nominee is recognized as a seasoned political administrator with over two decades of experience in elective and appointed positions.

This development follows intense political realignment in the state, aimed at strengthening internal party cohesion and securing effective governance.

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NGE Accuses NBC of “Dangerous” Threat to Press Freedom Ahead of Elections

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The Nigerian Guild of Editors (NGE) has strongly condemned the recent threat by the National Broadcasting Commission (NBC) to sanction broadcast presenters for allegedly airing personal opinions or bullying guests, describing the move as a dangerous assault on press freedom and democratic accountability.

In a press release issued on Tuesday, signed by President Eze Anaba and General Secretary Onuoha Ukeh, the body of editors raised “grave concern” over the NBC’s directive, which warned stations against breaches of the 6th Edition of the Nigeria Broadcasting Code, particularly in news and political programming.

While acknowledging the NBC’s stated goal of improving professional standards, the NGE argued that the commission’s language is “vague and broadly worded,” creating significant room for subjective interpretation and misuse.

“We consider such a move dangerous and injurious to journalism. It amounts to a direct assault on the principles of press freedom, editorial independence and democratic accountability,” the statement read.

“The Guild maintained that the role of journalists is to probe, challenge inconsistencies, and demand accountability, rather than providing a “comfort zone” for public officials. “Democracy does not thrive on timid journalism, but on bold, responsible, and fact-driven interrogation of issues and personalities,” the editors stated.

Warning Ahead of ElectionsWith Nigeria approaching a new election cycle, the NGE warned that the threat of sanctions could weaponize the broadcasting code, encouraging self-censorship and inhibiting the watchdog role of the media.

“This responsibility demands that journalists ask tough, even uncomfortable, questions in the public interest,” the NGE added, vowing that the Nigerian press will not be intimidated in its duty to report without fear or favour.

The Guild urged the regulator to operate with transparency, distinguishing between genuine misconduct and the legitimate exercise of journalistic duty.

The NGE’s stance follows a recent surge in criticism from media rights groups against the NBC’s latest regulatory crackdown.

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