FG Moves To Clean Up Tax System, Bans Cash Payments, Use Of Roadblocks For Revenue Enforcement
By Ayo Kehinde The Federal Government has taken decisive steps to sanitise Nigeria’s tax administration system by banning cash payments for taxes and outlawing the use of roadblocks for revenue enforcement nationwide. The new directive forms part of regulations issued to implement the country’s updated tax laws and curb informal, coercive and fragmented tax practices, particularly at the sub-national level. The Executive Secretary of the Joint Revenue Board, Olusegun Adesokan, announced the measures on Tuesday, during the signing of the Presumptive Tax Regulations and Guidelines at the Federal Ministry of Finance in Abuja. Adesokan said the regulations are designed to promote transparency, fairness and uniformity in tax administration, especially for businesses operating within the commerce and informal sectors. He noted …
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Nigeria Feels Heat as US–Iran Crisis Lifts Cooking Gas by ₦100/Kg
By Ayo Kehinde The ongoing conflict involving the United States, Israel, and Iran is now having a direct impact on everyday costs in Nigeria, with the retail price of liquefied petroleum gas (LPG), commonly called cooking gas, rising sharply. Depot operators across the country have increased LPG prices by around ₦100 per kilogram, with major distributors adjusting rates significantly. For instance, Nipco Plc is selling at about ₦950 per kilogram, Navgas Limited at ₦900, and Techno Oil at ₦885 up from a previous average of roughly ₦800 per kilogram. Industry players attribute the increase to spiking global crude oil prices, which have been driven higher by the geopolitical tensions stemming from the US–Israel strikes on Iran and subsequent disruptions to …
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NCC Proposes 14-Day Notice Before SIM Deactivation, Moves to Curb Fraud With New Identity Platform
By Ayo Kehinde The Nigerian Communications Commission (NCC) has proposed a mandatory 14-day notice period for telecommunications operators before deactivating subscribers’ SIM cards over inactivity or post-paid churn, as part of sweeping regulatory reforms aimed at strengthening consumer protection and tackling telecom-related fraud. The proposal is contained in a consultation paper titled Stakeholders Consultation Process for the Telecoms Identity Risks Management Platform, dated February 26, 2026, and signed by the Executive Vice Chairman and Chief Executive Officer of the Commission, Aminu Maida. The document was published on the Commission’s website. Under the proposed amendments to the Quality-of-Service (QoS) Business Rules, telecom operators will be required to notify affected subscribers ahead of any planned churn. “Before churning of a post-paid line, …
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Dangote Refinery Raises Petrol Ex-Depot Price To ₦875/Litre Amid Crude Oil Surge
By Ayo Kehinde The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by ₦101, raising the ex-depot rate from ₦774 to ₦875 per litre, a development that has heightened concerns over fresh fuel price hikes across Nigeria. A senior official at the refinery confirmed the adjustment on Monday, attributing the decision to renewed volatility in global crude oil prices. “Yes, the price has been reviewed. The new gantry price is now ₦875 per litre from ₦774. The review became necessary due to changes in global crude fundamentals and replacement costs”, the official disclosed. Independent checks on petroleumprice.ng indicated that the revised rate had already been reflected, signalling a shift in downstream pricing benchmarks and reinforcing expectations …
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FG Sets Timeline for Direct Payment of Oil Proceeds into Federation Account
From Victor Osula, Abuja The Federal Government has commenced the implementation of Executive Order 9 of 2026, setting a clear timeline for the direct payment of oil proceeds into the Federation Account as part of sweeping reforms ordered by President Bola Tinubu. The move marks a significant step in the administration’s efforts to strengthen revenue assurance, enhance transparency in petroleum revenue management, and safeguard public funds for the benefit of the three tiers of government. The decision was reached at the inaugural meeting of the Implementation Committee on Executive Order 9 held on February 26, 2026. In a statement issued on Monday, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed that the committee approved a …
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Tunji Disu, Oyedele: Revving up the governance engine, By Tunde Rahman
Last week has been hugely significant in Nigeria’s contemporary history. The plaudits arising from the announcement of Executive Order 9, …
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The Agony of A Presidential Spokesperson, Daniel Bwala
Daniel Bwala, Special Adviser to President Bola Ahmed Tinubu on Media and Policy Communication, has declared that his primary responsibility …
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Bwala’s Self-Indicting Post-Interview Alibi for Poor Performance, By Farooq Kperogi
I have said far more about Daniel Bwala’s sensational Al Jazeera rhetorical incineration than I am inclined to, and honestly …
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Medical Association Shuts Down Illegally Operating Store in Kogi Over Quackery Services
From Joseph Amedu, Lokoja The Nigerian Veterinary Medical Association (NVMA), Kogi State chapter has shut down a veterinary store, Geo-Vex …
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Gunmen Kill 2, Abduct 13 Others In Multiple Attacks In Kogi Communities
From Joseph Amedu, Lokoja Gunmen suspected to be kidnappers had, in separate attacks, abducted over thirteen persons comprising of traders …
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Give to Gain: Why Women’s Inclusion Is Central to Nigeria’s Democratic Future
As the global community commemorates International Women’s Day 2026 under the theme “Give to Gain,” the Executive Director, Centre for Media and …
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Police Caution Nigerians to Beware of Fraudulent Free Gifts Online
By Ayo Kehinde Nigerians have been warned to exercise extreme caution online, as cybercriminals continue to exploit unsuspecting internet users …
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APC Postpones Zamfara Congresses Amid Defection Talks With Gov Lawal
By Ayo Kehinde The National Working Committee (NWC) of the All Progressives Congress (APC) has postponed the conduct of ward, …
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Bayelsa Senator Seriake Dickson Quits PDP, Moves To NDC
In a major political development, Senator Seriake Dickson, the lawmaker representing Bayelsa West in the Nigerian Senate, has resigned from …
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Court Faults NDLEA Prosecution, Discharges Abba Kyari of Only Asset Charges
From Victor Osula, Abuja The Federal High Court in Abuja on Thursday discharged and acquitted former head of the Police …
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