The Senate has passed two out of four major tax reform bills proposed by President Bola Tinubu. However, the upper chamber rejected a proposal to increase the value-added tax (VAT) to 10 percent, opting to retain the current rate at 7.5 percent. The bill allows VAT input claims on fixed assets, overhead costs and administrative…
GISTSMATE MEDIA reports that the Federal Government has approved an upward review of the fees for the Nigerian Passport effective from 1st September 2024. The spokesman of the Nigeria Immigration Service (NIS), DCI Kenneth Udo, disclosed this in a statement on Wednesday, adding that the move was a part of the efforts to maintain the…
US Senate Minority Leader, Chuck Schumer, a New York Democrat, has criticized President Donald Trump as he marks 100 days of his second stint in the White House this week. Schumer said Trump’s first 100 days as president have been hell for the American people. Trump was inaugurated as the 47th president of the United…
The troops of the Nigerian Army and hybrid forces, with critical intelligence support from the Department of State Services (DSS), have neutralised no fewer than 45 bandits during a fierce gunfight in Iburu village, Shiroro Local Government Area of Niger State, in what appears to be a major success in Nigeria’s ongoing counter-terrorism efforts, According…
President Bola Ahmed Tinubu is expected to flag off the construction of the new headquarters of the Independent National Electoral Commission (INEC) in Abuja. Our correspondents report that the flag-off of the new headquarters, located in Maitama, is contained in the activities lined up by the Federal Capital Territory Administration (FCTA) to mark President Tinubu’s…
President Bola Tinubu has approved the long-awaited conversion of Yaba College of Technology (YABATECH) into a university. Minister of Education, Dr. Tunji Alausa confirmed the development on Friday while addressing the institution’s management during a visit. “I discussed this with President Tinubu, and he approved it without hesitation. I am now awaiting the official memo…
The Nigeria Labour Congress (NLC) has called an emergency National Executive Council (NEC) meeting following the police invitation of its National President, Joe Ajaero, over allegations of terrorism financing. The NEC meeting, scheduled for 8 am on Tuesday at the Olaitan Oyerinde Hall, Labour House, will have all heads of affiliates and state chapters of…
Members of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, have shut down petrol distribution nationwide with effect from today, Monday, September 8, over a face-off with Dangote Refinery. The National President of NUPENG, Williams Akporeha, in an interview with DAILY POST on Sunday, noted that the move was in the interest of…
Gunmen suspected to be bandits, on Saturday, ambushed troops of the Nigerian Army in Gudu Local Government Area of Sokoto State, killing four soldiers in the process. The sole administrator of the council, Umar Balle, disclosed this on Sunday while speaking with our correspondent in a telephone conversation. Balle, who was among those ambushed by…
The Delta Police Command, has reported significant breakthroughs in its ongoing efforts to combat crime, announcing the arrest of suspected kidnappers and the neutralisation of an armed robbery gang in separate operations. According to a statement by the Command’s Public Relations Officer, Bright Edafe, operatives of the Command’s Special Anti-Kidnapping and Cyber Crime Squad, led…