Category: Technology

Lagos, Rivers begin VAT collection, FG, North disagree


The governments of Lagos and Rivers states have expressed their readiness to begin the collection of Value Added Tax in accordance with the judgement of a Federal High Court in Port Harcourt, which ruled that states, and not the Federal Inland Revenue Service, should be collecting VAT and Personal Income Tax.


Already, the Rivers State Governor, Nyesom Wike, had signed into law the bill that empowers the state to collect VAT, while the Lagos State Government said it had already notified all the stakeholders involved in the payment and receipt of VAT of its resolve to enforce the judgement to the letter.

Credit: TenSquare Report

News Update, Monday, 06/09/2021

** President’s fate unclear as coup attempt rocks Guinea capital, Conakry

** Guinea Coup: President Alpha Conde allegedly arrested

**Buhari to commission projects in Imo September 9

**Youth Unemployment: Asian-African Chamber of Commerce and Industry repositions to employ Nigerian graduates

**Nigeria will overcome secessionists, says Fayemi

**Buhari approves farm estates in 109 senatorial districts

**Traditional ruler
abducted by gunmen from his palace

**Gunmen kidnap Katsina lawmaker’s wife, children

**Robbers write Ogun community over planned invasion

**BBNaija: Shehu Sani reacts as Nigerians bash Tega over relationship with Bpoma

**ANLCA National President, Hon. Tony Iju Nwabunike wept !!

**Guinea coup leader says president ‘taken’ and government ‘dissolved ‘

**Jacob Zuma released from prison

** LG Polls: APC wins Sabon Gari as PDP wins Kaura

**Covid-19: Nigeria records 964 new cases as infection hits 195,052

**Keyamo commiserates Sowore over his brother’s killing

** Buhari approves construction of NDLEA barracks

** I am not the Prime Minister of Warri – Iyatsere clarifies

** FG shuts down telecom services in Zamfara

** Women protest in Kabul to demand inclusion in Taliban Govt
.
** 17 klled in celebratory gunfire in Kabul

** Kabul Airport reopens

** US-based Nigerian Bamidele Muraina jailed for cyber fraud

** Naomi Osaka to take an indefinite break from tennis after US open exit

** Tokyo Paralympics: Team Nigeria finishes with 10 medals *********

GOOD MORNING!

News Update, Sunday, 05/09/2021

** Drug war: Attempt to legalize marijuana will fail, says
I get death threats daily — Marwa

** Nigeria cannot disintegrate – Sule Lamido

** Makinde vows to deliver 75km of 110km Circular road in 2023

** Kaduna holds LG polls using electronic voting, as El-Rufai loses polling unit to PDP

** Buhari to visit Imo on Thursday — Uzodinma

** Ekiti 2022: PDP draws out election plan, rallies for support

** Miyetti Allah says Anti-Open grazing law is “Satanic”, Gives reasons

** Sowore’s younger brother killed

** Atiku, Murray-Bruce react to Sowore’s death

** Parallel LG congresses holds in Osun

** Zamfara cuts phone network in restive northern state

** Police ASP arrested over death of UniUyo student

** Seven-Up at risk of Lagos Govt clampdown, Commissioner warns

** DSS releases two more supporters of Sunday Igboho

** Houses submerged as flood wreaks havoc in Lagos

** All vehicles to bear same colour – Katsina

** Markets, shops shut in Akure

** Ex-wife Of BBNaija Housemate Boma describes him as manipulative

** Nigerian Singer Bella Shmurda deported from Ghana over assault

** Capitol Invasion: Rioter pleads guilty, says he came to DC at the request of Trump

** US President orders FBI to declassify 9/11 terror attacks documents

** Capitol Invasion: Trump not cleared of any role in insurrection – Committee

** Mario Mandzukic announces retirement from professional football

** England’s Sancho ruled out of World Cup qualifiers *********

GOOD MORNING!

News Update, Saturday, 04/09/2021

** FG did everything possible to stop doctors’ strike -Ngige

** 2023: APC has run out of ideas, says pro-Atiku group

** In new policy, FG shifts responsibility of displaced indigenes to state

** I didn’t pass vote of no confidence on IGP- Masari

** Group felicitates Olubadan, others on their birthdays, mourn Durojaiye, Olurin

** MDAs get Sept 5 ultimatum to submit 2022 budget proposals

** Sanwo-Olu commiserates with Lagos CP Hakeem Odumosu over mother’s death

** Having a son like you means your mother lived a fulfilled life – NAOSNP President condoles with CP Odumosu

** 21yrs old Kwara undergraduate bags jail term over crime

** Senator Tokunbo Abiru mourns Oworo Monarch, HRM Oba Bashiru Saliu

** DSS releases two more Igboho aides

** Three abducted persons regain freedom after N3m ransom in Ekiti

** LASG to demolish structures in Ikorodu

** Kano approves promotion of 102 workers

** Fire razes 50 shops, buildings in Makoko

** Two robbers flee as Lagos Police arrest gang member

** Annie Idibia accuses TuFace of sleeping with Baby Mama

** 19-year-old candidate who sued JAMB for N1bn handed over to police

** Gaza-Egypt tunnel collapse kills three

** MTN Partners NFF as Communications Partner for Super Eagles

** FIFA opens inquiry into racist abuse suffered by England players in Hungary

** World Cup qualifier: Zambia win in Mauritania

** Nigeria defeat Liberia 2-0 in 2022 Word Cup Qualifier *********

Crypto Currencies Will Be Worthless, Bitcoin Too Volatile To Short – Billionaire John Paulson


John Paulson, the president and portfolio manager of US investment firm Paulson & Co, is an American billionaire hedge fund manager who became world- famous in 2007 by shorting the US housing market.


The 65 year old shared his views on crypocurrencies and Bitcoin saying crypocurrencies , regardless of where they are trading today will eventually prove to be Worthless, once the exuberance wears off or liquidity dries up, they will go to zero.
He said he wouldn’t recommend anyone to invest in crypocurrencies.

News Update, Tuesday, 31/08/2021

** ‘I have document, Fulani want to take over Nigeria’ – Ortom

** We’re borrowing sensibly, responsibly —FG

** Buhari: I’m saddened by tragic loss of Na’Allah son

** Senator Bala Na’Allah’s son’s death might be culpable homicide – Kaduna Govt

** Senator Na’Allah breaks silence on son’s assassination

** Lalong relaxes 24-hour curfew in Jos

** “Buhari has added value to lands in the village”- Amaechi

** Plateau Attacks: Lalong incapacitated, can’t order security agencies – APC

** Why Dr Bashir Jamoh must not fail Nigeria

** How I tore Bishop Oyedepo’s book publicly for being full of errors – Pastor Tunde Bakare

** Nigerian Man raped 27-year-old woman for refusing to greet him – Police

** Igboho send message from detention, identifies what his dream Yoruba Nation will copy from Benin Republic

** Nigeria’s Attorney-General Malami, DSS lose against Igboho in court

** Detained Associates of Sunday Igboho released

** CJN summons 6 judges over issuance of conflicting orders to political parties

** Nasarawa Gov sack aides, Commissioners

** Woman gives birth to a baby girl that looks like ‘An Old woman

** Cooking gas price jumps by 100% as FG doubles tax on commodity

** Anxiety as rockets hit Kabul Airport

** US exit will stop IS attacks in Afghanistan, Taliban says

** US troops killed in Afghanistan are buried

** New York City aspirant, Adams, promises sister city agreement with Lagos

** Leeds in talks with Man United over James deal *********

***AstraZeneca vaccine is now available at all Primary Health Centres in Lagos State
***Get vaccinated!
***Observe all COVID 19 protocols

dontforgettopray

GOOD MORNING!

FG Imposes Fresh Electricity Tariff Increase, Announces Date for Full Implementation


The Nigerian Electricity Regulatory Commission has approves an upward review of electricity tariffs in the country.
The decision by the commission was communicated in a document to electricity distribution companies
The Nigeria Labour Congress which has been advocating against any electricity tariff increment has not yet reacted to the new development
Lagos state – The federal government through the Nigerian Electricity Regulatory Commission (NERC) has directed the Electricity Distribution Companies (DisCos) in the country to increase their tariffs effect from September 1, 2021.


The Guardian newspaper reported that the increment was confirmed in a document from the Eko Electricity Distribution Company, dated August 25, 2021, with reference number 023/EKEDP/
GMCLR/0025/2021.
FG approves electricity tariff increase
Labour unions may reject the new tariff increase. Femi Adesina, Office of the Minister of Power, Nigeria
The document stated that the tariffs would increase between N42.44 to 58.94 depending on their class. The new increment is expected is to remain implemented till December before a further increase in January 2022.


“This is to officially notify you that there will be an increase in electricity tariff with effect from 1st September 2021. This increase is as a result of nationwide mandate to implement the Service-Based Tariff approved by our regulator NERC.’’
The Nation reported that Eko DisCo also infirmed its metered customers on new increment.


The company said for metered customers with internal vending arrangements, the rates will be adjusted accordingly to reflect the new tariff increase as released by NERC.


Meanwhile, a resident of Ijebu-Ode in Ogun state has taken a surprise action against his community power supply company, Ibadan Electricity Distribution Company (IBEDC).
The man has written to notify them of his desire to discontinue receiving their electricity on a permanent basis.
We will soon deploy 5G network, federal government tells Nigerians
In a letter dated June 22nd, 2021 and shared by @instablog9ja on Instagram, the man named Sakiru Onafeko expressed his anger at how they charge him exorbitantly without a corresponding provision of the said light.


Quest Electricity pays N19 billion to acquire Yola Electricity Company
In another news, Quest Electricity Nigeria has paid N19 billion to acquire Yola Electricity Distribution Company despite the insecurity in the area of its operation in Northern Nigeria.
Adamu Mele, the chairman of Quest Electricity said it would overcome the insecurity through upgrade of Yola electricity infrastructure within a short time.


Aside from the N19 billion paid to acquire the electricity distribution company, Quest Electricity has also made a commitment of N28 billion, which would be invested over a period of two years.

Credit: PressExpress

DSS ARRESTS CHANNELS PRESENTERS OVER INTERVIEW WITH ORTOM, FORMER MILITARY INTELLIGENCE CHIEF


Security agents this morning arrested Channels TV Sunrise Daily presenters over purported anti-Buhari interviews.


NewsmakersNG learnt that Chamberlain Usoh and Kayode Okikiolu were picked up by operatives of the State Security Service (SSS) this morning.


Their arrest is reportedly connected with interviews with Governor Samuel Ortom of Benue State during which he accused President Muhammadu Buhari of promoting a Fulanisation agenda, and another guest, Commodore Kunle Olawunmi (rtd) who revealed that people who are high up in the Buhari’s government are sponsors of Boko Haram.


Sunrise Daily’s lead anchor and producer, Chamberlain Usoh, who confirmed the development to NewsmakersNG on the telephone, said he did not know yet where they were being taken to.


Details later….