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
President Tinubu Expresses Sorrow over IMAM Abubakar’s Death
Says he was a courageous servant of God
President Bola Ahmed Tinubu has expressed sorrow at the passing of Imam Abdullahi Abubakar, the Chief Imam of Nghar village in the Barkin Ladi Local Government Area of Plateau State, who passed away at 92.
The late Imam Abubakar shot into national and international prominence for hiding over 200 Christians in 2018, during the communal strife which ravaged Plateau State.
President Tinubu described the late Imam as an extraordinary religious leader, whose lifetime represented a striking testament to faith, courage and a staunch belief in the sacredness of human life.
“At such a time when tribal and religious tendencies seemed to overwhelm reason, Imam Abubakar stood firmly on the side of peace, benevolence and conscience,” President Tinubu remarked.
“Mindless of the enormous risk to his own life, the noble cleric chose humanity over division, love as opposed to hatred and embrace rather than rejection.
His heroic feat underlines the essence of true faith, resonating louder than sermons in a salient message to the world at large. Imam Abubakar is a worthy example of a better human we should all aspire to be,” the President said.
“His act of uncommon bravery did not go unnoticed, as he received local and international honours that celebrated his commitment to coexistence among people with diverse orientations.”
I urge religious and community leaders to imbibe and preach the spirit of tolerance, mutual respect and peaceful togetherness as expounded in the life of Imam Abubakar.
“May the Almighty grant Imam Abubakar eternal rest and reward him for his good deeds and courage,” the President said.
News
IMAM who Savef 262 Christians Abubakar Abdullahi Dies in Jos @ 90
The Imam of Nghar village in Barkin Ladi Local Government Area of Plateau state, who Famously Shielded 262 Christians during a Violent Communal attack has died at the age of 90.
Saleh Abubakar son of the deceased Confirmed the death to arise news in Jos said the Cleric Passed away on Thursday night at plateau specialist hospital in Jos.
He revealed that his father died tens earlier after being admitted into the hospital, following Complications linked to a heart Condition that have affected his heart for Some time.
He was initiately admitted diagnosed with a heart problem and had being on check ups all the time and since then his health had not been Stable following the diagnoses.
Imam Abdullahi is Survived by 19 Children made up of 12 boys and 7 girls.In June 2018, during a faith based Clashes that Swept through 10 Villages in Barkin Ladi Local government area of plateau state, the late imam hid 262
Christians in a mosque and his private home untill the Violence Subsided, preventing them from being killed.
His actions earned him both local and international recognition across globe.End
Ctedit: PUNCH
News
Rivers Lawmakers Insist on Investigating Fubara, Deputy
The Speaker of the House, Martin Amaewhule, a seven man panel each have been constituted to investigate governor Fubara and his deputy.
Twenty -five members of the Rivers State House of Assembly (RSHA) said that there is no going back on investigating Governor Siminalayi Fubara and his Deputy, Prof Ngozi Odu, for alleged gross misconducts.
The members re-stated this at Friday’s plenary in the temporary hallowed chamber of the State House of Assembly in their Legislative quarters.
The Speaker of the House, Martin Amaewhule, a seven man panel each have been constituted to investigate governor Fubara and his deputy.
He also said that the Chief judge of Rivers State, Justice Simeon Amadi is to be immediately notified about the resolution of the House.
The order paper of the house in Friday’s sitting has only two items which include investigating governor Siminalayi Fubara and his deputy, Professor Ngozi Odu.
Meanwhile,the house has adjourned plenary till January 27.
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