By Godwin Anyebe As the Nigerian government unveils its latest tax reforms aimed at bolstering revenue generation, businesses across the country are grappling with the potential implications. The new policy, designed to increase the government’s income to address infrastructure deficits and expand social services, has sparked heated discussions within the[Read More…]
Consumer Education
Tinubu: Look Back Before You Increase VAT to 10%
By Godwin Anyebe As Nigeria faces growing economic challenges, the proposal to increase the Value Added Tax (VAT) to 10% under President Bola Tinubu’s administration is drawing significant attention. While the move is aimed at generating additional revenue to stabilize the economy, it is crucial to pause and reflect on[Read More…]
Between NNPCL Petrol Price Hike and Tunji Bello’s Ultimatum for Traders to Crash Prices
The recent petrol price hike by the Nigerian National Petroleum Company Limited (NNPCL) and the contrasting ultimatum issued by Lagos State’s Commissioner for Environment and Water Resources, Tunji Bello, for traders to crash prices highlight the complexity of Nigeria’s economic landscape. While both actions reflect attempts to manage rising costs[Read More…]
Discos’ Unfair Migration of Consumers from Band B to Band A – A Violation of the “Willing Seller, Willing Buyer” Principle
The Nigerian electricity sector has long been a subject of dissatisfaction for its millions of consumers. Yet, despite ongoing issues, electricity distribution companies (Discos) have found new ways to aggravate their customers. One of the most alarming practices in recent times is the forced migration of consumers from Band B[Read More…]
Tunji Bello: The New Sheriff in FCCPC with Unrealistic One-Month Ultimatum
In the face of Nigeria’s persistent economic challenges, the Federal Competition and Consumer Protection Commission (FCCPC) has found itself thrust into the limelight under the stern leadership of Tunji Bello. Appointed to safeguard consumer rights and ensure fair market practices, Bello has taken an aggressive approach to address the issue[Read More…]
Ikeja Electric Faces Backlash Over Proposed Tariff Band Migration Without Consent
Residents of several communities in Lagos State, Nigeria, are up in arms over Ikeja Electric’s recent decision to migrate them from tariff Band B to Band A without their consent. The proposed change, which is set to take effect on September 1, 2024, will significantly increase electricity tariffs, raising the[Read More…]
Revolutionizing Farming: How Agrotech is Transforming Agriculture for the Future
While his his insights into this issue, Kayode Salako, Agricultural Expert said, “In the face of mounting pressures on the agricultural sector—from climate change and population growth to resource depletion—agrotech represents a beacon of hope. As an agricultural expert, I’ve witnessed firsthand how technology is not just enhancing but fundamentally[Read More…]
The Unseen Crisis: Suffering in Northwest Nigeria Amidst Political Recklessness
In the northwest of Nigeria, a deep-seated crisis unfolds as citizens grapple with the relentless violence of banditry, a scourge that has become increasingly pervasive due to political recklessness. The humanitarian disaster in this region reveals a stark reality where political failures have compounded the suffering of ordinary people, leaving[Read More…]
Middle Belt Nigeria: A Region Rich in Resources but Stalled in Development
The Middle Belt of Nigeria is a region of striking contrasts. Situated at the heart of the country, this area is endowed with a wealth of natural resources, fertile land, and a vibrant cultural heritage. Yet, despite these advantages, the Middle Belt remains notably underdeveloped. The paradox of abundant resources[Read More…]
The Unprecedented Seizure: How a Chinese Company Seized Nigerian Presidential Aircraft Over Ogun State Debt
In a dramatic turn of events, a Chinese company has seized three Nigerian presidential aircraft due to an unpaid debt owed by Ogun State, a region in southwestern Nigeria. This unprecedented action has sparked a wave of controversy and raised questions about international debt enforcement and the impact of local[Read More…]
Consumer TV
Danger of mobile phone in the kitchen
It’s dangerous using mobile phone in the kitchen
