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
Police must pay transport fares, says AIG
” No police officer has the right to enter your vehicle without paying. We should assist one another willingly, not by force,” he said.
• The Assistant Inspector-General of Police(AIG) in charge of Zone 2 Command, Mr Olohundare Jimoh, speaking with transporters at Obalende garage, Lagos State, on Wednesday.
The Assistant Inspector-General of Police, Zone 2 Command, Mr Olohundare Jimoh, has declared that officers must pay fares before boarding commercial vehicles, warning against abuse of authority.
Jimoh spoke on Wednesday at Obalende garage during a sensitisation meeting with drivers and transport workers marking National Police Day 2026.
He stressed that relations between police and the public must be based on partnership, not coercion, urging both sides to support each other voluntarily.
“No police officer has the right to enter your vehicle without paying. We should assist one another willingly, not by force,” he said.
Jimoh called for stronger cooperation to maintain safety and order on roads, insisting there was no conflict between officers and transport unions.
“I don’t collect money from officers. We don’t arrest people arbitrarily. If you have issues with any officer, report directly to me,” he said.
(Vanguard)
President Bola Ahmed Tinubu will leave for Jos tomorrow to commiserate with the state government and residents over recent deadly gun attacks that lefts dozens dead.
This was following Governor Caleb Mutfwang’s security briefing to the President on the recent violent attack in Angwan Rukuba, Plateau State.
During the meeting on Wednesday at the presidential villa in Abuja, Governor Caleb Mutfwang told Mr President that although security forces have restored calm after fresh disturbances involving looters on Wednesday morning, following the deadly Palm Sunday attack that left more than a dozen dead and many others injured.
He said that investigations are continuing to determine the identities or motives of the attackers who are yet to be apprehended .
Presidency source said that President Tinubu was initially scheduled for a planned trip to Ogun State to flag off operations at the Gateway International Cargo Airport on Thursday.
From Jos, the President will travel to Lagos to observe Good Friday.
On Saturday, April 4, he will visit Ogun State to commission projects including the cargo airport.
He will then return to Lagos during the Easter holiday to commission several state infrastructure projects, including the Ojota/Opebi Link Bridge.
Before heading back to Abuja, the president will visit Bayelsa State on April 10 to commission projects completed under Governor Duoye Diri.
President Bola Ahmed Tinubu will tomorrow embark on a visit to Jos, Plateau State, as the first leg of a five-state tour across the country.
The Presidency announced that the President has postponed his scheduled trip to Ogun State to enable him to commence the series of official visits.
Details of the remaining four states in the tour are expected to be released by the Presidency in due course.
The development comes as President Tinubu continues nationwide engagements aimed at assessing development projects, interacting with stakeholders, and addressing key national issues in the respective states.
Further updates on the itinerary will be communicated as the visits progress.
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