Connect with us

News

Ex-CBN director reacts to FG’s plan to charge VAT on online transactions

Published

on

Dr Titus Okunronmu, a former Director, Budgetary Department, Central Bank of Nigeria, has commended the Federal Government over its plan to charge Value Added Taxes (VAT) on online Business Transactions.

Okunronmu gave the commendation in an interview with News Agency of Nigeria (NAN) in Ota, Ogun, on Monday.

He spoke against the backdrop of the disclosure by Mr Tunde Fowler, the Chairman, Federal Inland Revenue Services, in London on Friday that the Federal Government would soon start collecting VAT on online business transactions.

The former CBN director noted that the decision was a right step in the right direction as it would help to generate additional revenue for the country.

‘‘For the fact that people do manual online transactions does not mean they should not pay VAT to the Federal Government,’’ he said.

He however called on the Federal Government to ensure that the VAT should not be more than five per cent.

Okunronmu also advised the Federal Government to look for other means of generating additional revenues to boost the nation’s Gross Domestic Product.

Continue Reading

News

APC National Solidarity Vanguard Lauds Matawalle Over Mass Exodus Of PDP Members To APC In Zamfara

Published

on

By

The APC National Solidarity Vanguard has showered encomiums on the Honourable Minister of State for Defence, Dr. Bello Matawalle, for his outstanding leadership and political sagacity that have engineered a massive defection of key Peoples Democratic Party (PDP) members to the All Progressives Congress (APC) in Zamfara State.

In a statement signed by its National Coordinator, Moses Aruwa, the Vanguard described Matawalle as an exemplary leader whose good governance credentials and commitment to inclusive democracy continue to attract political heavyweights to the ruling party.

“Matawalle has proven beyond doubt that leadership is about service, vision and the ability to unite people for a common purpose,” Aruwa stated.

“His selfless drive to reposition Zamfara State and align it fully with President Bola Ahmed Tinubu’s Renewed Hope Agenda has made him a magnet for progressive-minded politicians across party lines.”

The latest defection that has sent ripples across the state’s political landscape involved Hon. Sadiq Abubakar Ciroma, the PDP Chairman in Kaura Namoda Local Government Area, who was formally received into the APC by Minister Matawalle on Friday.

Aruwa praised Matawalle’s warm reception of the decampees, noting that it reflected his large-heartedness and belief in inclusive politics.

“When Dr. Matawalle said the APC needs people like Hon. Ciroma who play politics with vision and sound judgement, he was speaking from a place of deep conviction,” Aruwa remarked.

“Matawalle himself embodies that vision – he assesses leadership accurately and takes bold decisions that benefit the masses, and that is why thousands are trooping to join him.”

The Vanguard leader further highlighted the growing dominance of the APC in Zamfara as a direct result of Matawalle’s sterling performance as leader of the Renewed Hope Agenda in the state.

“What we are witnessing is not ordinary defection; it is a mass exodus driven by the irresistible appeal of good governance under Matawalle’s guidance,” Aruwa declared.

“From lawmakers to local government chairmen, PDP stalwarts are daily joining forces with him because they have seen that the future of Zamfara and Nigeria lies with the progressive vision he champions.”

Aruwa also commended Matawalle’s loyalty to President Tinubu, saying it has inspired confidence among party members and new entrants alike.

“Matawalle is not only delivering dividends of democracy in Zamfara; he is building a solid platform to deliver Mr. President convincingly in 2027,” he asserted.

“His inclusive approach ensures that every new member feels valued and empowered to contribute to this noble cause.”

The statement emphasised that the continuous influx of PDP members into the APC attestation to Matawalle’s ability to foster unity and peace in a once-restive state

. “Dr. Bello Matawalle has transformed Zamfara into a bastion of peace, progress and political harmony,” Aruwa enthused.

“Politicians of goodwill are aligning with him because they know that under his leadership, Zamfara will continue to enjoy unprecedented development and remain a stronghold for the APC.”

Aruwa called on other opposition members still contemplating their political future to follow the example of Hon. Ciroma and join the moving train.

“The APC under Matawalle’s stewardship offers equal opportunities, respect and genuine commitment to the welfare of the people,” he concluded.

“We are proud to identify with this exceptional leader who is writing a new chapter of prosperity for Zamfara State.”

Continue Reading

News

Indigenous Oil Companies Get Boost as NCDMB Deepens Nigerian Capacity

Published

on

By

Nigeria’s push for greater indigenous participation in the oil and gas industry received a significant boost this week as the Nigerian Content Development and Monitoring Board (NCDMB) showcased a series of milestones, including the takeover of major industrial assets and the expansion of local capacity across key energy hubs.

A major highlight was the acquisition of Saipem’s Nigerian operations by Marconi NG EPC — a development the NCDMB described as a landmark in the country’s local content journey.

According to the board, the transition of the world-class Port Harcourt fabrication yard into Nigerian ownership demonstrates that local firms now possess both the technical expertise and financial capacity to manage complex engineering and construction projects.

During a media tour of the facility, NCDMB officials spotlighted the one-million-square-metre yard, which features fabrication units, jetties and a helipad. They said the acquisition signals that Nigerian companies can now compete at global scale and marks an important step in reducing decades of foreign dominance in major oil and gas infrastructure.

The tour also highlighted growing indigenous capacity across the South-South region. Journalists visited PE Energy Limited, a Nigerian energy solutions provider serving the oil and gas, power and process industries, as well as Bunorr Integrated Energy Limited, a local firm converting used engine oil into base oil and other eco-friendly by-products.

Bunorr’s management credited NCDMB’s equity investment with helping the company attract partners, strengthen credibility and upgrade its operations.

While commending the board’s hands-on engagement and financing support, the companies urged the government to address persistent power challenges that raise production costs for local manufacturers.

NCDMB said the tour was part of its broader effort to showcase real-time progress in industrial development and deepen public understanding of local content achievements.

The General Manager, Corporate Communications at NCDMB, Dr. Obinna Ezeobi, described the media tour as a maiden initiative designed to help journalists better understand industry operations and enhance stakeholder engagement.

Continue Reading

News

CSOs Celebrate Akpabio with 5th Annual Lecture, Hail NASS–Executive Synergy

Published

on

By

…..Pledges expanded civic actions and pro-development campaigns in 2026

Rising-Up for a United Nigeria (RUN), a leading civil society organization committed to governance reforms and national development, has hosted the 5th Annual Godswill Akpabio Leadership and Youth Mentorship Lecture. The yearly event, held in honour of Senate President Godswill Akpabio, is designed to celebrate his leadership contributions while empowering youths and strengthening civic engagement across Nigeria.

In his opening remarks, Amb. Solomon Adodo, Convener of RUN, commended the productive relationship between the National Assembly and the Executive. He described the synergy as a major driver of grassroots development and national stability, noting that the collaboration has translated into reforms and people-focused initiatives that positively impact ordinary Nigerians. According to him, the APC-led administration of President Bola Ahmed Tinubu, working closely with the National Assembly under Senator Akpabio, has continued to demonstrate a clear commitment to improving the welfare of citizens. He said the creation and swift passage of legislation establishing regional development commissions highlight the shared resolve to bring governance closer to the people and address pressing socio-economic challenges. Adodo added that Senator Akpabio’s leadership, defined by courage, accessibility and impactful legacy projects, continues to inspire youths and governance advocates nationwide.

Delivering the keynote address, Barr. Cosmas Akighir, Chairman of the North Central Development Commission (NCDC), described Senator Akpabio as a nationalist whose contributions to national unity and development remain commendable. He noted that the establishment of the NCDC received accelerated legislative support because of Akpabio’s genuine commitment to national growth and his alignment with President Tinubu’s vision for a more secure and prosperous Nigeria. Akighir urged Nigerians to focus on supporting the Federal Government and the National Assembly, stressing that divisive rhetoric and unnecessary distractions undermine the gains of the Renewed Hope Agenda.

A striking feature of this year’s lecture was the massive turnout of civil society organisations, youth groups and community-based associations from across the country. Many attendees expressed strong support for RUN, the Federal Government and the leadership of the National Assembly, reaffirming their confidence in ongoing reforms. They pledged to intensify nationwide civic engagement, sensitisation and pro-development advocacy in 2026, with commitments to expand their programmes, strengthen partnerships and mobilise citizens for national progress.

As part of the annual tradition, the event also featured the empowerment of youths and unemployed Nigerians with vocational tools, equipment and machines worth millions of naira. This empowerment component, conducted each year during the celebration of Senator Akpabio’s birthday, aims to promote self-reliance and uplift vulnerable groups through practical support and skill-building opportunities.

The lecture attracted participants from all 36 states and the Federal Capital Territory, including government officials, traditional and religious leaders, captains of industry, community influencers and development advocates. The 5th edition of the lecture further solidified RUN’s commitment to fostering unity, legislative-executive cooperation and broad-based national development, while reaffirming the growing recognition of Senator Akpabio’s leadership impact across Nigeria.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.