A Federal High Court in Lagos on Friday convicted two men, Uche Johnson and Kingsley Meteke, for producing and distributing substandard engine oil and sentenced them to two-years imprisonment each. The Standards Organisation of Nigeria (SON) brought them before the court on a four count charge of production, possession, dealing[Read More…]
Tag: federal
NLC Tells FG to Rescind 6% Stamp Duty on Tenancy Agreement
The Nigeria Labour Congress has opposed the six per cent stamp duty fee for every tenancy and leases agreement stipulated by the Federal Inland Revenue Service. It described the new tax as a financial burden on poor Nigerians at a time they were facing socio-economic pressure arising from the COVID-19[Read More…]
ARCN Staff Rally Behind Prof Sharubutu, Warn Off Detractors
The staff and management of Agricultural Research Council of Nigeria have unanimously passed a vote of confidence on the new Executive Secretary Prof Garba Sharubutu, for steering the establishment away from the culture of decadence and warned detractors to allow him peacefully deliver the mandate of the institution which is[Read More…]
FG orders DSTV to suspend tariffs hike
The Nigerian Government has ordered the management of MultiChoice, to suspend the implementation of its new hiked tariffs on different bouquets on its DSTV. The Acting Director General of the Nigerian Broadcasting Commission, NBC, Armstrong Idachaba, gave the order on Tuesday. Also, the Minister of Information and Culture, Alhaji Lai[Read More…]
FG Halts Planned Hike in Electricity Tariffs
Federal government through the National Assembly (NASS) yesterday waded into the controversy on the planned hike in electricity tariffs from July 1st, 2020 and succeeded in convincing the Distribution Companies (DISCOs) to defer the plan till the first quarter of 2021. The President of the Senate, Ahmad Lawan, the Speaker[Read More…]
FG Stands out of July 1 Electricity Tariff Increase
Electricity Distribution Companies, DisCos, in the country have accused the Nigerian Electricity Regulatory Commission, NERC, of attempts to distance itself from the July 1 commencement of the new service-based electricity tariff regime. This allegation is contained in a statement released by their umbrella body, the Association of Nigerian Electricity Distributors,[Read More…]
Nigerians to pay N50 Stamp Duty on ATM Printouts, Some WhatsApp Messages – FIRS
Nigerians will now pay stamp duties on WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds, according to Federal Inland Revenue Service (FIRS). Muhammad Nami, executive chairman of FIRS in on the tax agency’s website, said “Any electronic receipt for, or electronic transfer of, money deposited[Read More…]
IGP, Corps Marshal agree to end abuse of spy number plates and indiscriminate covering of vehicle number plates
The Corps Marshal, Federal Road Safety Corps, Dr Boboye Oyeyemi and the Inspector General of Police, Muhammed Abubakar Adamu have agreed to begin a strategic operation that will put an end to abuse of SPY number plates and incessant covering of vehicle number plates in the country. According to the[Read More…]
CONSUMERS: Welcome to The Assembly
As we take-off with this initiative, we like to set the tone of engagement by explicit on the essence and terms in a way that will help all stakeholders. CONSUMERS’ ASSEMBLY is borne out of a strong conviction towards service, which scope is all encompassing; a commitment that kept expanding[Read More…]
FCCPC, FRSC to Prosecute Operators of Uninsured Fleet
The Federal Competition & Consumer Protection Commission (FCCPC) and the Federal Road Safety Corps (FRSC) have agreed to jointly prosecute transporters whose fleet are not appropriately insured in 2020. Babatunde Irukera, CEO, FCCPC, announced this recently while addressing participants at a collaborative workshop held by both organisations to engage passengers,[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]