FG Suspends 15% Import Duty On Petrol, Diesel, Assures Stable Fuel Supply
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the suspension of the proposed 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), popularly known as petrol and diesel. In a statement posted on its official X (formerly Twitter) account on Thursday, the authority reassured consumers and industry stakeholders that the duty will no longer be implemented, easing fears over potential fuel price hikes. Mr. George Ene-Ita, Director of the Public Affairs Department at NMDPRA, said, “It should also be noted that the implementation of the 15 per cent ad-valorem import duty on imported Premium Motor Spirit and Diesel is no longer in view.” The suspension effectively nullifies earlier reports that …
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Senate Approves Tinubu’s N1.15tn Loan Request to Fund 2025 Budget
From Victor Osula, Abuja The Senate has approved President Bola Tinubu’s request to borrow N1.15 trillion from the domestic debt market to finance part of the deficit in the 2025 national budget. The approval followed the presentation and consideration of a report by the Senate Committee on Local and Foreign Debts, chaired by Senator Aliyu Wamako (APC, Sokoto North). Presenting the report during plenary on Wednesday, Vice Chairman of the Committee, Senator Haruna Manu (PDP, Taraba Central), urged lawmakers to endorse the borrowing proposal as part of measures to bridge Nigeria’s fiscal gap and support ongoing development programmes under the 2025 fiscal plan. “That the Senate do receive and consider the report of the Committee on Local and Foreign Debts …
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FG to Create Cocoa Management Board, Seeks Urgent NASS Action On Bill
President Bola Tinubu has urged the National Assembly to expedite the consideration of the National Cocoa Management Board (Establishment) Bill, 2025. Speaking in a letter addressed to the Speaker of the House of Representatives, Abbas Tajudeen, the President said the bill constitutes a vital measure for the revival of Nigeria’s cocoa industry and for enhancing the nation’s competitiveness in the global market. According to the letter, the bill is being presented pursuant to Section 58, Subsection 2 of the 1999 Constitution of the Federal Republic of Nigeria (as amended). “I am pleased to call for the kind consideration by the House of Representatives of the National Cocoa Management Board Establishment Bill, 2025”, President Tinubu stated. Explaining the objectives of the …
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FG Unveils 50 Tax Exemptions For Low-Income Earners, SMEs From 2026
By Ayo Kehinde The Federal Government has explained again the context and content of the new tax policy that takes on January 1, 2026, disclosing that ordinary Nigerians and small businesses will enjoy tax exemption. The Presidential Fiscal Policy and Tax Reforms Committee announced on Monday that 50 tax exemptions and reliefs set to take effect from January 1, 2026. The announcement was made during a press briefing on Thursday by the committee chairman, Taiwo Oyedele. The relief package is designed to provide targeted support for low-income earners, micro-, small-, and medium-sized enterprises (MSMEs), and to simplify the country’s tax system. Oyedele described the measures as among the most people-focused tax reforms in recent history, emphasising fairness, inclusiveness, and the …
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Kano Plans To Acquire Majority Shares In KEDCO, Adopts State Electricity Policy
The Kano State government has approved plans to acquire majority shares in the Kano Electricity Distribution Company (KEDCO) to improve energy supply, promote industrial growth, and expand access to reliable electricity across the state. This is contained in a statement issued by the Governor’s spokesperson, Sunusi Bature Dawakin Tofa. Dawakin Tofa stated that the decision aims to give the state a stronger role in electricity generation, transmission and distribution to enhance efficiency, accountability and service delivery in the energy sector. It is also expected to boost economic activities, create jobs and attract both local and foreign investments. In addition, the Governor’s Spokesperson said the Council approved the presentation and adoption of the Kano State Electricity Policy under the Ministry of …
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Nigeria vs USA vs US; The Genocide, By Prince Charles Dickson
Prince Charles Dickson Ph.D Picture the breaking news chyron: “Trump’s America threatens strike on terror groups in Nigeria after new …
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Toast To Kunle Ajibade Who Dared Death For Democracy, By Uzor Maxim Uzoatu
In this season of the esteemed Diamond Award for Media Excellence (DAME) powered by the seasoned journalist, Lanre Idowu, I …
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The Anambra 2025 Governorship Election, By Promise Adiele
The recent 2025 Anambra governorship election witnessed a resurgence of electoral criminality in varying degrees. The eventual success of criminality …
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The Church of Nigeria Movement: From Midlife Crisis To Afterlife Triumphalism, By Isidore Emeka Uzoatu.
For some time now, the defunct Church of Nigeria union of Methodism and Anglicanism has fallen off the radar of …
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ICPC Secures Conviction Of Two National Assembly Staff Over N4.8m Job Scam
From Victor Osula, Abuja The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured the conviction of two …
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Court Orders Ex-AGF Nwabuoku To.Open Defence in ₦868m Fraud Case, Dismisses No-Case Submission
From Victor Osula, Abuja The Federal High Court in Abuja has dismissed a no-case submission filed by former Acting Accountant-General …
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Police Order Mental Evaluation For Inspector Who Assaulted Own Children In Bayelsa
The Police Command in Bayelsa State has confirmed the arrest of a police inspector, Sunday Ideh, for allegedly assaulting his …
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Wike vs Young Soldier: Power, Process, and the Rule of Law
Any law enforcement officer, in uniform or plain clothes, represents the President and the sovereignty of the Nigerian state. To …
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Yahaya Bello: Witness Narrates how Cash was Moved in and out of Kogi LG Statutory Accounts
The trial of former Kogi State governor, Yahaya Adoza Bello, continued on Tuesday, November 11, 2025, before Justice Emeka Nwite …
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FG Deploys Police Veterinarians To Protect Livestock, Tackle Disease Outbreaks
From Victor Osula, Abuja The Federal Government has mobilised veterinarians and veterinary paraprofessionals within the Nigerian Police Force to strengthen …
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