The Nigerian government on Tuesday, September 3, announced its plan to increase Value Added Tax (VAT) from 7.5% to 10%. Taiwo Oyedele the Chairman Presidential Fiscal Policy and Tax Reforms Committee gave a hint on this while speaking during an interview on Channels TV’s Politics. According to Oyedele, the committee is proposing a law to…
Owner of Lagos-based refinery Aliko Dangote, on Tuesday, said the Federal Executive Council (FEC) will determine the pricing of petrol produced at his 650,000 barrels per day facility. The refinery owner said as soon as his company finalises modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market. “Our PMS…
President Bola Tinubu’s administration appears to have upped the petrol price from N650 to N855, according to pump price displays on Tuesday on fuel dispensers at the government NNPC stations. Amid a lingering fuel scarcity and crisis, petrol prices on dispensing machines of government-backed NNPCL stations in Lagos and Abuja on Tuesday showed N855 per…
GISTSMATE MEDIA reports that Aliko Dangote, the Chairman of Dangote group, has officially confirmed rollout Premium Motor Spirit (PMS), also known as petrol from its refinery. Dangote, while addressing the press on Tuesday, described the development as a turnaround for the country after many years of not producing a single litre of petrol. The group…
GISTSMATE MEDIA reports that popular Fuji musician, Sulaimon Adekunle, who is better known as KS1 Malaika, has lost his mother, Alhaja Rukayat Mojirayo The news of her death was announced by KS1 Malaika’s brother, Azeez Malaika, on his social media platforms late Monday night. He wrote, “I never know you will leave without saying goodbye,…
GISTSMATE MEDIA reports that the Federal Government of Nigeria has denied a report suggesting that the Ministry of Petroleum Resources ordered the Nigerian National Petroleum Company Limited to sell fuel at N1,000 above the approved pump price. The report claimed that the Minister for Petroleum Resources (Oil), Heineken Lokpobiri, gave the NNPCL the directive. Dismissing…
Corpses of 37 villagers killed by Boko Haram insurgents in Mafa, a town in Tamuwa Local Government Area of Yobe State, are prepared for mass burial. The remains of the victims were evacuated from the affected community by the military and taken to Babbangida General Hospital, ahead of the burial ceremony scheduled for 10 am….
The Nigeria Police Force (NPF) has formally charged Isaac Bristol, aka PIDOM, with six counts at the Federal High Court in Abuja, bringing an end to his 28-day detention without formal charges. According to court documents obtained by TRIBUNE ONLINE, PIDOM faces charges related to the transmission of classified government documents and spreading false information….
Honourable Kareem Khadijat Omotayo, the Personal Assistant to President Bola Tinubu on constituency affairs has felicitated with Vice President of Nigeria, Kashim Shettima on occasion of his birthday. Celebrating Nigerian Vice president, Hon. Khadijat described Shettima as a leader with unwavering supports for the nation. The wishes read: On this special day, I extend my…
GISTSMATE MEDIA reports that a former secretary to the state government of Oyo state, Chief Michael Adeniyi Koleosho is dead, aged 86. Saki, Oke Ogun, and the entire state of Oyo have lost a highly respected and visionary leader in the passing of Chief Michael Adeniyi Koleosho, a former Secretary to the Oyo State Government…