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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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TCN Commissions 330kV Turn-In Turn-Out Lines in Edo to Boost Power Evacuation

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The Transmission Company of Nigeria has commissioned the newly constructed Ihovbor/Benin and Ihovbor/Ajaokuta 330kV Turn-In Turn-Out transmission lines at the Ihovbor Transmission Substation, Edo State. The event took place today, 14th May, 2026.

MD/CEO Engr. Dr. Sule Ahmed Abdulaziz described the project as a major milestone in strengthening Nigeria’s transmission infrastructure and improving transmission network reliability nationwide.

He said the 14km double-circuit line links the existing Benin/Ajaokuta 330kV route to the Ihovbor substation, creating two new routes that increase operational flexibility and resilience in the Benin corridor.

“The project has increased the operational flexibility of the transmission network and strengthened the resilience of power delivery within the Benin corridor,” Abdulaziz said. “It grants TCN the ability to more efficiently evacuate power generated by the Azura Power Plant and the Niger Delta Power Holding Company facility, alleviate transmission bottlenecks, and enhance system reliability.”

He noted that the additional 600MW evacuation capacity will allow distribution companies access to more bulk electricity for customers nationwide. The circuit which was energised on 23rd April, 2026, has been in service since, with customers of distribution companies already benefiting from the project.

Abdulaziz explained that TCN’s mandate is to transmit power from generating companies distribution load centres. “Our job is to transmit the power from the generators to the load centers. It is the responsibility of distribution companies to offtake and distribute to customers. With this project, distribution companies will have more bulk power available for industries and residential customers” he said.

He reaffirmed TCN’s commitment to expanding transmission infrastructure to meet current demand and prepare for future growth, and called on host communities to support efforts to protect installations against vandalism.

On his part, the Managing Director of Energo Nigeria, Predrag Mihel, said the project involved 30 towers and twin Bison conductors capable of supporting up to 1.5GW from the NIPP and Azura plants. He credited its completion to strong collaboration between TCN and ENERGO.

Speaking at the event, the General Manager Engineering, Engr. Mojid Akintola, said the project was awarded in 2017 but faced challenges with right of way and funding, which have now been resolved.

He thanked the Ihovbor host community, contractor Energo, and the entire TCN team, particularly the MD/CEO, for making today’s commissioning possible.

The General Manager of Benin Region, Engr. Charles Iwuamadi said that the project adds over 600MW of wheeling capacity to the region and clarified that TCN is only a bulk transporter of electricity, does not distribute electricity to end users. Distribution companies directly interface with electricity consumers.

Representing the Enogie of Ihovbor/Evbueka, Mr. Elliot Imafido commended TCN on the project but appealed that indigenes of the community be prioritised in employment and also that electricity supply to the host community be improved.

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Akwa Ibom APC Adopts Governor Umo Eno for Second Term Bid

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The All Progressives Congress (APC) in Akwa Ibom State has thrown its weight behind Governor Umo Eno as its candidate for the 2027 governorship election, paving the way for his second-term ambition under the ruling party.

Governor Eno, who defected from the Peoples Democratic Party (PDP) to the APC in 2025, formally submitted his nomination and expression of interest forms for the APC governorship primaries in early May 2026. He described the second term as necessary to complete ongoing projects and consolidate the gains of his ARISE Agenda.

Speaking after submitting the forms in Abuja, Governor Eno called on APC members to support his nomination during the primaries, expressing confidence that his administration’s developmental strides would earn him the party’s backing and the people’s mandate.

“I have just submitted the nomination form. We call on members of APC to support our nomination during the primaries, as we will continue to pray and trust God for more development to thrive in the state,” he said.

Several APC stakeholders and local government chapters in the state have already endorsed Governor Eno’s second-term bid, describing it as a move for continuity and project completion. The governor has repeatedly highlighted numerous ongoing infrastructure and developmental initiatives that require additional time to deliver maximum impact.

The development marks a significant political realignment in Akwa Ibom, as Eno positions the state under the APC platform ahead of the 2027 elections.

Party sources indicate that the APC leadership is working towards a smooth process for the governor’s emergence as the party’s flag bearer, though the formal primaries are yet to be held.

Governor Eno was first elected in 2023 under the PDP before switching to the APC.

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Lagos Captures 6.4 Million Residents in Major Digital Identity Drive

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The Lagos State Government has successfully registered over 6.4 million residents into its digital identity database, marking a significant milestone in its efforts to enhance governance, planning, and public service delivery.

The achievement was announced under the Lagos State Residents Registration Agency (LASRRA) and the Lagos Identity Card Project (LAG ID). According to officials, the initiative aims to create a comprehensive, reliable database of residents to improve targeted service delivery, urban planning, and overall governance efficiency.

Commissioner for Science, Technology and Innovation, Mr. Olatunbosun Alake, who provided the update, described the Lagos Identity Card Project as a critical tool for the state’s digital transformation agenda. He emphasized that the captured data will support better resource allocation and more effective delivery of government services.

The exercise forms part of Lagos State’s broader push toward a digital economy, enabling smoother access to services such as healthcare, social welfare, transportation, and other citizen-centric programmes. Officials noted that the database will help in accurate planning for infrastructure and social interventions.

With Lagos being Nigeria’s most populous state, estimated to have over 20 million residents, the registration of 6.4 million people represents a substantial step forward, though authorities say efforts are ongoing to capture more residents.

The state government has reiterated its commitment to data-driven governance and urged residents yet to register to take advantage of the ongoing exercise for better inclusion in government services.

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