The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi has announced the suspension of import duties and taxes on essential food items to make basic necessities more affordable for Nigerians and address the prevalent food inflation in the nation. In a public address on Monday evening, Adeniyi acknowledged the widespread economic challenges and outlined the government’s commitment to easing the financial burden on its citizens. He acknowledged that global inflation is impacting nations worldwide, including Nigeria, noting that to address this, the federal government, through the Nigeria Customs Service, is suspending import duties and taxes on essential food items…
Author: Michael Chibuzo
As part of efforts to guarantee energy self-sufficiency in Nigeria by ensuring adequate feedstock for local refineries as well as to reduce FX burden for fuel importation, the Federal Government on Monday directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to the Dangote Refinery and other local refineries exclusively in Naira. This was part of the resolutions of the Federal Executive Council meeting chaired by the President yesterday. According to Bayo Onanuga, the Special Adviser to the President on Strategy and Information, FEC adopted a proposal to sell crude to Dangote Refinery and other upcoming refineries…
By Tunde Rahman All hell has been let loose, and the centre can no longer hold in Kenya over the tax revolt that has been ravaging that East-African country since June. In the wake of the crisis, a part of the parliament building was razed down by arsonists. Some public buildings were touched while several companies and shops were destroyed and looted. Sensing their relative success in forcing the government to cancel the $2.7billion in tax hikes, the mainly Gen-Z protesters are now calling for President William Ruto’s resignation. The young people have succeeded in throwing Kenya into turmoil, and…
By Michael Chibuzo Politics is a very deep and tricky scientific undertaking. The fact that Albert Einstein, one of the most intelligent scientists of the modern era described politics as being more difficult than physics, tells a story itself. Unfortunately, in many countries, the political class who are few in number are those who have mastered the art of weaponising the science of politics to manipulate the usually relatively innocent majority. In every day life, con men look for human frailty to exploit. This can be greed, ignorance, dogmatic beliefs or some other base instincts. In politics, in addition to…
In the past couple of days, Malta has been in the news. Well, not just the island nation of Malta but petrol blending plants allegedly in the country. This followed an allegation by Africa’s richest man and President of Dangote Industries Limited, Aliko Dangote, that some officials of the Nigerian National Petroleum Company Limited (NNPCL) own and operate an oil blending plant in Malta from where they import blended fuels into Nigeria. The group CEO of NNPC Ltd, Mele Kyari had to deny that he owns any blending plant in Malta or that he is aware of any such plant…
…describes Abure-led NWC as criminals who want to hijack LP The festering crisis in the Labour Party took a dramatic twist following the outburst of Mr Kenneth Okonkwo, the official spokesman of Mr Peter Obi who was the Labour Party presidential candidate in the 2023 presidential election, berating his boss, Mr Peter Obi for not showing decisive leadership in the crisis engulfing the party. In a fiery press release, the popular Nollywood veteran announced his decision to dump the Labour Party as well as severe ties with Mr. Peter Obi who he has promoted since 2022. He equally revealed that…
By Daniel Bwala “Always say less than necessary”. Rule 4, 48 Laws of Power (Robert Greene). Robert Greene in his famous book, ‘48 Laws of Power’ states in Rule 4 that those in position of authority or power should, ‘Always say less than necessary’. This is because the more you speak, the more likely you are to say something foolish. As leaders, we are expected to be reticent, self-effacing and taciturn because our words and actions carry weight in the eye of the public. It is often said that it is better to keep quiet than to speak and remove…
Yele Sowore flees to US, promises to join youths virtually while he incites them to cause mayhem in Nigeria The main convener of the planned nationwide protests tagged, 10 Days of Rage, Mr. Omoyele Sowore has reportedly fled to the state of New Jersey in the United States as the protest date he has been heavily mobilising Nigerians for draws closer. In a recent TV interview, Mr. Sowore confirmed he was currently in New Jersey. When asked how he intends to be in New Jersey while calling for protests in Nigeria, Sowore tried to dribble his way out of the…
Rinu Oduala on the verge of losing US asylum following outcry over her violation of US privacy and doxxing laws An Obidient campaigner and protest organiser, Rinu Oduala who is currently in the United States is in the eyes of the storm following her blatant sharing of private details of the Special Assistant to the President on Social Media, Dada Olusegun on her X (formerly Twitter) handle on Thursday. The Obidient Influencer, who was also a prominent participant in the violent uprising that led to the destruction of public properties and looting of businesses in Lagos during the #Endsars protest…
The Senator representing Anambra South Senatorial District in the Senate, Chief Ifeanyi Ubah is reportedly dead. He reportedly died in the United Kingdom, UK. Senator Ubah was said to have departed Nigeria for the UK two days ago. Details of his reported death are still sketchy as no official confirmation has come from his family or the Senate. This is coming just few days after the President-General of Ohanaeze Ndigbo, Chief Emmanuel Iwuanyanwu passed on.