Presidential Tax Reform Committee Chairman, Taiwo Oyedele, Cautions Fg: Severe Economic Risks Loom With Shift To State-Controlled Vat Collection

Presidential Tax Reform Committee Chairman, Taiwo Oyedele, Cautions FG: Severe Economic Risks Loom with Shift to State-Controlled VAT Collection

Mr. Taiwo Oyedele, Chairman of the Presidential Tax Reform Committee, recently expressed concerns that allowing state governments to collect Value-Added Tax (VAT) could result in serious economic setbacks. Taiwo Oyedele explained that such a shift would likely harm business operations, cause disruption in revenue distribution, and ultimately lead to a weaker economy. His comments reflect…

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Efcc Presents Key Witness Against Couple In Alleged N2.7Bn Fraud Case

EFCC Presents Key Witness Against Couple in Alleged N2.7bn Fraud Case

The Economic and Financial Crimes Commission (EFCC) on Thursday, November 7, 2024, brought forward its second prosecution witness, Adesola Adeyinka, CEO of Credit PRO Business Limited, in a high-profile fraud trial involving Ruth and Oriyomi Idowu. The couple is accused of orchestrating a fraudulent scheme that allegedly defrauded Credit PRO Business Limited and other entities…

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Niniola Apata Unveils How Teaming Up With Sarz Launched Her Career And Revolutionized Afro-House Music

Niniola Apata Unveils How Teaming Up with Sarz Launched Her Career and Revolutionized Afro-House Music

Niniola Apata, known professionally as Niniola, had dreams of a music career from a young age. Raised in Lagos, Nigeria, she was influenced by her family’s deep musical roots and the cultural vibrancy surrounding her. Niniola’s voice, infused with Afrobeat rhythms, resonated with a unique edge, distinguishing her from her contemporaries. Determined to break into…

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Apc Leaders Unite Enthusiastically Behind Aiyedatiwa For A Promising Ondo Gubernatorial Campaign

APC Leaders Unite Enthusiastically Behind Aiyedatiwa for a Promising Ondo Gubernatorial Campaign

The All Progressives Congress (APC) is amplifying its efforts in the Ondo State gubernatorial election, rallying behind their candidate, incumbent Governor Lucky Aiyedatiwa. Led by APC National Chairman Abdullahi Ganduje, the party inaugurated its Ondo State governorship campaign council in Akure, with Lagos State Governor Babajide Sanwo-Olu appointed as the council’s chairman. Senator Ovie Omo-Agege,…

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Nnpcl Drastically Raises Petrol Price To N1,025 Per Litre Amid Deregulation Push

NNPCL Drastically Raises Petrol Price to N1,025 per Litre Amid Deregulation Push

The Nigerian National Petroleum Company Limited (NNPCL) has announced a significant increase in the price of Premium Motor Spirit (PMS), commonly referred to as petrol. As per reports, petrol prices in Lagos and nearby areas have risen from N980 to N1,025 per litre. This development follows multiple adjustments in recent months, positioning this as the…

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Ghana Seeks Cost-Effective Fuel Solution From Dangote Refinery

Ghana Seeks Cost-Effective Fuel Solution from Dangote Refinery

The government of Ghana is exploring alternative sources for petroleum products, with a primary focus on Nigeria’s Dangote Refinery. The Chairman of the National Petroleum Authority (NPA) in Ghana, Mustapha Abdul-Hamid, discussed this potential collaboration at the OTL Africa Downstream Oil Conference in Lagos. He noted that sourcing fuel from Nigeria could provide a more…

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Ndlea Intercepts U.s. And Europe-Bound Drug Consignments Concealed In Shoe Soles And Hair Attachments

NDLEA Intercepts U.S. and Europe-Bound Drug Consignments Concealed in Shoe Soles and Hair Attachments

The National Drug Law Enforcement Agency (NDLEA) has made significant seizures of narcotics destined for the United States, United Kingdom, Cyprus, and Oman. Operatives intercepted opioids ingeniously hidden in the soles of shoes and hair attachments at the Murtala Muhammed International Airport (MMIA), Lagos, and at three courier companies. In a major bust on October…

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Ndlea Secure Conviction Of Canadian National In Court And Sentenced To 11 Years For Importing Illicit Drugs Into Nigeria

NDLEA Secure Conviction of Canadian National In Court and Sentenced to 11 Years for Importing Illicit Drugs into Nigeria

A Federal High Court in Lagos has sentenced Canadian national Adrienne Munju to 11 years in prison for importing 35.20 kilograms of synthetic cannabis, known as Canadian Loud, into Nigeria. Munju was arrested by the National Drug Law Enforcement Agency (NDLEA) at Murtala Muhammed International Airport on October 3, 2024, after arriving on a KLM…

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Threat Of Apc Takeover In Oyo And Osun State,Makinde And Adeleke Criticize Ganduje

Abdullahi Umar Ganduje Vows APC Will Dominate South West with 100 Percent Victory Strategy

Abdullahi Umar Ganduje, the National Chairman of the All Progressives Congress (APC), has announced the party’s ambitious plan to dominate the South West geopolitical zone in the upcoming elections. Speaking at a stakeholders’ meeting in Akure, Ondo State, Abdullahi Umar Ganduje emphasized the strategic importance of the region in maintaining APC’s grip on power. He…

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Minister Adebayo Adelabu’s Pledge: Power Restored To Northern Nigeria In 3 Days Amid Crisis

Minister of Power, Adebayo Adelabu Advocates for Multiple Power Grids in Nigeria

Minister of Power, Adebayo Adelabu, made a critical call for the establishment of multiple power grids across the nation during the launch of Hexing Livoltek, an electricity meter manufacturing company in Lekki, Lagos . According to Adelabu, Nigeria’s existing power infrastructure is significantly outdated, leading to frequent grid collapses that disrupt the electricity supply. The…

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