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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.
Uche Ben Odunzeh, the New Nigeria People's Party (NNPP) candidate for the Imo State governorship poll, has released his manifesto, highlighting his plans for security, education, agriculture, infrastructure, and healthcare services. Odunzeh aims to make Imo State the most peaceful and well-governed state in Nigeria.
Embark on a gastronomic journey as we explore the vibrant dining scene of Abuja, the Federal Capital Territory of Nigeria. From cozy cafes to fine dining establishments, we will discover the top restaurants where you can indulge in delectable delights that will satisfy your appetite. With a blend of local and international cuisines, Abuja offers a diverse culinary experience that caters to every taste. Whether you're a food enthusiast or simply looking for a great place to dine, these restaurants in Abuja will leave you coming back for more.
The National and State Assembly Election Petition Tribunal in Enugu State has nullified the election of Honourable Bright Ngene of the Labour Party as the House of Assembly member representing Enugu South urban constituency. The tribunal ordered a rerun election within 90 days based on the grounds that the number of votes credited to the winner was fewer than the number of disenfranchised voters in the constituency. Meanwhile, the parliamentary election petition tribunal in Lagos state has debunked media reports of cancelling the election victory of Honourable Atta Achief Thaddeus, the House of Representatives member-elect, Eti-Osa Federal Constituency.
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.
Ending IPOB's sit-at-home order in the Southeast region marks a pivotal moment for the area's socio-economic activities. The collaboration between the army and relevant stakeholders has led to a resumption of normalcy in the region.
Consummate Traders, a leading proprietary trading firm, has unveiled its new two-stage evaluation process aimed at attracting and nurturing the best trading talents in the industry. The comprehensive assessment focuses on performance metrics, risk management, and consistent trading practices. Successful traders will have the opportunity to manage the firm's capital while benefitting from educational resources and cutting-edge statistical tools. The process is characterized by fairness, transparency, and a partnership with respected broker Kwakol Markets.
Governor Bassey Otu of Cross River State has imposed a dusk-to-dawn curfew on four communities in Yala Local Government Area due to rising violence and property destruction resulting from land and boundary disputes. The curfew aims to restore peace and stability in the affected areas, while the government also focuses on providing immediate relief efforts and addressing the humanitarian aspect of the crisis.
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.
Daniel Bwala, a former aide to Atiku Abubakar, has urged President Tinubu to prioritize governance over diplomatic trips and photo ops. In his analysis of the first 100 days of Tinubu's presidency, Bwala stated that more attention should be given to nation-building rather than flashy international visits.
Prosper Dania, a young Nigerian artist, has gotten one step closer to realizing his childhood dream of exploring space. His artwork titled "Shared Aspiration" has been selected amongst other African youth paintings to be exhibited on China's Tiangong space station by the Shenzhou-16 taikonauts. This achievement is a result of his top prize win in the "My Dream" Painting Competition, co-hosted by the Secretariat of the Chinese Follow-up Committee of the Forum on China-Africa Cooperation, the China Manned Space Engineering Office, and the Chinese missions in Africa. Dania's art showcases a Sino-African collaboration symbolized by a space-bound taikonaut surrounded by the Chinese and Nigerian national flags, and stars.
Nigeria has awarded contracts to 42 companies to capture and monetize gas that is released as a byproduct of oil production. The country aims to reduce gas flaring, which costs it approximately $1 billion in lost revenue each year. The successful bidders will develop 49 sites in the oil-producing Niger Delta. Gas flares pose health hazards to communities and contribute to global warming. This move highlights Nigeria's commitment to addressing environmental concerns while harnessing its energy resources for economic growth.
A chieftain of the Peoples Democratic Party (PDP), Daniel Bwala, claims that Atiku Abubakar, one of the party's founding fathers, holds enough influence to potentially get President Bola Ahmed Tinubu to sack the Minister of FCT, Nyesom Wike. This article explores the dynamics of political influence and the potential ramifications within the PDP.
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