NewsReports

• President signs four Executive Orders amending Finance Act, others• Tinubu suspends 5% Excise Tax on telecom services• Our aim is to increase productive activities, not tax poverty – Adedeji• ALTON: 5% excise duty on telecom is burden lifted, but action needed to reduce 39 other taxes• NACCIMA lauds move, experts seek harmonisation of taxes to reduce prices of food …

Benin City– Human Rights lawyer, Mr Femi Falana, has lamented that “plutocracy has replaced democracy in Nigeria,” the effect of which is that “people have lost confidence in the democratic process.” Falana stated this in a keynote address, titled: ‘General Elections in Nigeria 2023: A Review of the Nation’s Political Culture and Electoral Integrity’, and delivered at the 2023 Law …

Elon Musk has reacted to the recent cease-and-desist letter sent to Mark Zuckerberg, the CEO of Meta (the parent company of Facebook), which accuses Meta of infringing upon Twitter’s intellectual property rights with the launch of Threads. Musk, who took over Twitter in October 2022, threatened legal action against Meta over the new Threads app in a cease-and-desist letter sent …

The Senate on Thursday initiated an investigation into the gas supply contract agreement awarded to a private firm, Acugas Limited, during the administration of former President Muhammadu Buhari. This was sequel to a motion moved by Aniekan Bassey (PDP, Akwa Ibom) at the plenary presided over by Deputy Senate President, Barau Jibrin. Bassey’s motion claimed that in 2017, the Niger …

Doctors under the aegis of National Association of Resident Doctors (NARD) have reviewed their demand for salary increase from 200 to 550 per cent, to cushion negative impact of fuel subsidy removal. The doctors, in a resolution reached at the end of their virtual National Executive Council meeting, Wednesday night, expressed disappointment over government’s inability to review, upwardly, the Consolidated …

Respite came the way of Senator Peter Nwaoboshi on Friday, as the Supreme Court, quashed hi seven years prison sentence. The apex court, which invalidated the money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the lawmaker who hitherto represented Delta North Senatorial District, ordered his immediate release from prison custody. Peter Nwaoboshi It will be recalled …

Edo State Government is set to reconstitute the Edo Youth Parliament, calling for applications from interested and eligible youths in the State. This action is sequel to the expiration of the tenure of the first Edo Youth Parliament. In a statement on Thursday, the Permanent Secretary, Ministry of Youth and Humanitarian Affairs, Mrs. Eire Ifueko Alufohai, said the youths should …

BY MIKE OSAROGIAGBON Benin City, Edo, Nigeria — Edo State 2024 gubernatorial aspirant Hon. Gideon Obhakhan has pledged to ensure quality education, improved agriculture, Information Communications Technology development, youths and women empowerment if elected the state governor. A former commissioner for Education, Obhakhan who commended President Bola Tinubu for mustering the courage to have  removed the long talked about petrol …

President Bola Tinubu has signed four Executive Orders one of which is the suspension of the five per cent Excise Tax on telecommunication services and the Excise Duties escalation on locally manufactured products. Among them is the The Finance Act (Effective Date Variation) Order, 2023, which defers the commencement date of the changes contained in the Act from May 23, …

The Federal High Court in Abuja has granted bail to the suspended Deputy Commissioner of Police, Abba Kyari. Kyari was on Thursday granted bail by Justice James Omotosho in a charge in which he and two of his siblings – Baba Kyari and Ali Kyari are accused of failing to declare assets to the National Drug Law Enforcement Agency. Abba …