NigeriaDecides2023

FG To Increase VAT – Finance Minister

The Minister of Finance, Mrs Zainab Ahmed, says the Federal Government will increase the Value Added Tax on some items in the course of the year. Some of the items according to her, will include carbonated drinks as well as some luxury items. She stated this on Wednesday at the launch of the Strategic Revenue Growth Initiative in Abuja, targeted at improving revenue sources for government. Ahmed said the move had become imperative as a result of the fiscal challenges the government is confronted with in providing infrastructure for its people. She, however, noted that the increment will only be done after due consultation with the National Assembly. “There will be a VAT increase. During the course of 2019, we will have clarity as to which items and what the rate will be and we will have to take a request to the National Assembly for amendment before it takes effect. “There is also going to be luxury tax. Already, there is luxury tax imposed on things like jets, yachts an...

BREAKING: ACPN Disowns Ezekwesili, Endorses Buhari's Second Term Bid

“It is on this ground that the ACPN is withdrawing support for her presidential aspiration and endorsing the second term bid of President Muhammadu Buhari to take Nigeria to the next level. We also seek this medium to inform our former presidential candidate, Dr Ezekwesili, to return to the party all the property in her possession, especially the various donations that she has been receiving from all over the world. Whatever she had received belongs to the party and we must render account to the Independent National Electoral Commission (INEC). So, it is mandatory. We are aware of all the accounts she and her aides had opened for this election to which donations were made.” T he Allied Congress Party of Nigeria (ACPN) has taken a contrary position on the reason for the withdrawal of its candidate, Obiageli Ezekwesili, from the 2019 presidential race. Ezekwesili had announced her withdrawal from the race on Thursday morning, stating that her decision was based on her commitme...

CROSS RIVER 2023

All Progressives Congress (APC) presidential aspirant and incumbent Governor of Cross River State, Governor Ben Ayade has congratulated Sen. Prince Bassey Otu on his emergence as the APC Governorship flag bearer of the party. Sen. Prince Otu who is Ayade's preferred candidate thanks party delegates for their supports towards the just concluded APC primary election. #Latestnewsnaija

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