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
BREAKING: Tinubu Orders Immediate Withdrawal of Police Escorts from VIPs
President Bola Ahmed Tinubu has directed the immediate withdrawal of police officers currently attached as security details to Very Important Persons (VIPs) across Nigeria.
The directive, issued during a high-level security meeting on Sunday in Abuja, mandates that the affected officers return to core policing duties to strengthen security in communities, especially in underserved and remote areas where police presence is critically low.
Henceforth, VIPs requiring armed protection must request personnel from the Nigeria Security and Civil Defence Corps (NSCDC).
The President emphasized that the move is part of efforts to address the country’s security challenges by boosting police visibility and effectiveness nationwide.
President Tinubu has already approved the recruitment of 30,000 additional police officers and is working with state governments to upgrade training facilities.
Sunday’s meeting was attended by the Chief of Army Staff, Lt Gen Waidi Shaibu; Chief of Air Staff, Air Marshal Sunday Kelvin Aneke; Inspector-General of Police, Kayode Egbetokun; and Director-General of the Department of State Services, Tosin Adeola Ajayi.
News
UPDATE: President Tinubu Confirms Rescue of 38 Kwara Worshippers, 51 Niger School Children (Video)
In a message posted on his official X handle , the President assured Nigerians and the global community that he is closely monitoring the security situation nationwide and receiving continuous updates from the frontline.
President Bola Tinubu on Sunday confirmed the rescue of all the 38 persons recently abducted in an attack on Christ Apostolic Church (CAC) Eruku, Ekiti LGA, Kwara State, and the fifty-one among schoolchildren kidnapped in Niger State.
In a message posted on his official X handle , the President assured Nigerians and the global community that he is closely monitoring the security situation nationwide and receiving continuous updates from the frontline.
He insists he will not relent.
He stressed that every Nigerian in every state has the right to safety, and that under his watch the government will secure the nation and protect its people.
He also recalled that he cancelled his trip to the G20 Summit in South Africa to enable him coordinate security efforts at home.
The President’s update follows a succession of security incidents that have unsettled the country including the mass abduction in Kebbi State, the attack on worshippers in Kwara, and, in quick succession, the kidnapping of more than two hundred students in Niger State , incidents that have also resulted in casualties.
The Office of the National Security Adviser; the Department of State Services (DSS); the Nigerian Army; Nigeria Intelligence Agency; and the Nigeria Police, have deployed four new tactical teams to Kwara State on the directive of the President.
Watch video below:
Crime
Kwara Church Defies Attack, Holds Service Despite 38 Worshippers Abducted
The Christ Apostolic Church, CAC Oke Isegun, Eruku, Kwara State, on Sunday, held a special service inside its blood-splattered auditorium, praying for the safe return of kidnapped members and the repose of those killed during Tuesday’s brutal bandit attack.
The church on Sunday officially confirmed that 38 worshippers were abducted, contrary to earlier claims circulating on social media.
Speaking on Sunday, the church secretary, Michael Agbabiaka, said the church initially compiled 35 names of abducted members, but further verification revealed that three non-members were also taken, bringing the total number of hostages to 38.
“The rumour that over 60 people were kidnapped is not true. I have a list with their phone numbers. We don’t want any misinformation. We have 38 people inside the bush. Three died, and one victim is in the hospital receiving treatment,” he said.
Agbabiaka further disclosed that the kidnappers, who initially demanded N100m per victim, later reduced the ransom to N20m each after negotiations before cutting off communication on Friday.
He noted that although shock and fear still gripped the town, the church encouraged members to attend the Sunday service to strengthen their faith.
“We thank God for life today. You can see that only a few people came because it has not been easy. But God gave us courage.
“We also thank the government for deploying security. They are patrolling the town, and even here in the church, security operatives are present,” he added.
Earlier during the service, the presiding pastor, Bamidele Lawrence, described the attack as a test of faith for the congregation. Quoting 2 Peter 3:10, he urged worshippers not to lose hope, saying he received divine assurances concerning the abducted victims.
“The first promise God gave me is that all our kidnapped members will gain freedom very soon.
They will not die in captivity. “God says He will assist us. Our children, mothers and wives will come out strong. It will be a miracle to the world when our people regain their freedom”, he said.
He also told the congregation that the worsening insecurity in Nigeria would attract divine intervention and urged them not to fear, saying current events were part of biblical prophecies about the end times.
One of the affected worshippers, James Ige, whose wife and son were among those abducted, pleaded with the authorities to intensify rescue efforts.
“I beg the government and security agencies to do everything within their capacity to bring my family back safely,” he said.
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