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The Nigerian Association of Road Transport Owners (NARTO) has urged the federal government to remove the 7.5% Value Added Tax (VAT) on Automotive Gas Oil (AGO), commonly known as diesel. According to NARTO, the high cost of diesel due to the VAT imposition is impacting the distribution and supply of Premium Motor Spirit (PMS) petrol. Diesel is the primary fuel for about 90% of haulage trucks used to transport petrol from depots to retail outlets across the country. NARTO warns that unless the government takes swift action, the transporters may park their trucks, leading to a shortage of petrol supply.
EEDC has announced the full restoration of power supply to its customers in parts of Anambra, including Awada, after a recent power outage caused by a fault at the TCN Station in Awada. The distribution company apologized to affected customers and thanked them for their patience. The EEDC emphasized the impact of disruptions within the electricity supply industry and the financial loss incurred during the outage.
The Peoples Democratic Party (PDP) experienced a significant blow in Plateau State as the election petition tribunal nullified the election of four of its federal lawmakers. The ruling was based on the lack of proper party structure during the nomination process. This decision has generated dissatisfaction within the PDP, as it contradicted an earlier judgment from another panel.
Nigeria's recent repeal of the 1988 Arbitration and Conciliation Act and introduction of the 2023 Arbitration and Mediation Act have brought significant changes to the country's legislative framework, enhancing its position as an arbitration hub in Africa. This article explores the criticisms of the previous act and highlights notable changes introduced by the new act, including the option of an Award Review Tribunal, recognition of third party funding, and provisions for consolidation of proceedings.
The National Assembly Election Petition Tribunal sitting in Asaba, Delta State, has ordered a rerun in 48 polling units in the Delta Central Senatorial District. The order comes as a result of a petition filed by the senatorial candidate of the PDP, Chief Ighoyota Amori, alleging that the election did not meet electoral act and constitutional requirements. The tribunal dismissed some prayers in the petition but found that the senator failed to disprove the allegations of electoral malpractices.
The ongoing investigation into the alleged financial fraud during Godwin Emefiele's time as Governor of the Central Bank of Nigeria has uncovered shocking revelations. With an estimated N7 trillion involved, the probe is set to expose the mismanagement and compromised regulations within the financial system. Despite facing pressure from influential figures, the investigative team is determined to unveil the truth and hold the perpetrators accountable.
The Christian community in Kaduna, Nigeria, has reported that 23 pastors have been killed and 200 churches destroyed by bandits over the past four years. As the police commissioner and Christian leaders come together to address the issue of insecurity, they emphasize the importance of unity and information sharing to combat criminal activities. The Christian Association of Nigeria (CAN) urges the government to take action in bringing the culprits to justice and restoring confidence among the people.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the successful bidders for the Nigerian gas flare commercialisation programme. This initiative aims to harness gas released as a byproduct of oil production and eliminate routine gas flaring by 2035. The NUPRC awarded 42 companies/entities with 49 flare sites for development. These companies will now proceed to execute commercial agreements and obtain permits to access flare gas. KPMG will partner with the commission to ensure the successful outcome of the programme.
Nigerian authorities have issued flood alerts to 13 northern states due to heavy rainfall and the potential for impending disasters. The National Emergency Management Agency (NEMA) urges communities to activate emergency response plans and remain vigilant. This article discusses the measures being taken to mitigate potential flooding and ensure the safety of affected areas.
The Nigerian Association of Road Transport Owners (NARTO) is urging the Federal Government to stop the 7.5% Value Added Tax (VAT) on diesel, as it is causing a hike in fuel prices and disrupting the distribution of petrol. NARTO claims that diesel is essential for transporting petrol across the country, and the high cost of diesel is becoming unbearable for transporters. This article delves into the challenges and implications of the VAT on diesel and calls for an immediate solution to prevent further disruptions in the supply of petroleum products.
The Governor of Kano State, Engr. Abba Kabir Yusuf, has ordered the immediate suspension of the Managing Director of Kano Agricultural Supply Company, Dr. Tukur Dayyabu Minjibir. The suspension is a result of alleged involvement in the inappropriate sale of grains belonging to the Kano State Government. The governor has directed the MD to hand over the affairs of the company to the most senior officer while further investigations are conducted.
Abia State Governor, Dr. Alex Otti, has directed immediate restoration of power supply to all government offices and facilities in the state. Governor Otti issued the directive after being briefed by the State Commissioner for Health, Dr. Ngozi Okoronkwo, on the challenges faced by her ministry. The Governor expressed concern over government offices and facilities being left without electricity and vowed to tackle the issue promptly.
Kidnappers who abducted eight Akwa Ibom State graduates have demanded an additional N200 million ransom after receiving N13 million from their families. With the victims spending 26 days in captivity and their health conditions deteriorating, the families are in distress and receiving little to no government assistance. Despite resorting to prayers and fasting, the families face an overwhelming emotional and financial burden as they try to raise the demanded amount. The situation has sparked public outrage, highlighting the government's failure to protect its citizens. Security agencies and the police command's efforts for the victims' rescue remain uncertain.
An analysis of the court order that has prevented the PDP from suspending Nyesom Wike, despite his alleged anti-party activities.
The Nigeria Data Protection Commission (NDPC) and the Committee of Vice Chancellors of Nigerian Universities (CVCNU) have agreed to collaborate in order to ensure the protection of students' data within higher educational institutions. This partnership aims to address the potential risks associated with data exposure and mismanagement in the education sector, emphasizing the need for proper handling and compliance with data protection regulations. Capacity building and training programs for vice chancellors and data officers are expected to be organized to enhance data protection practices in Nigerian universities.
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