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Tariff Technical Committee
The Federal Ministry of Finance said the new excise duty rates on alcohol and cigarettes, which came into effect on June 4, was not targeted at destroying local manufacturers.
Nigeria’s newly increased tax on alcohol and tobacco is not targeted at local manufacturing industries, the country’s finance ministry has explained.
President Muhammadu Buhari at the weekend approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from today, Monday, 4th June, 2018.
President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from June 4, 2018.
Minister of Finance, Mrs. Kemi Adeosun, is proposing increased tariff for cigarette and alcohol.
Having scaled up production and improved capacity utilisation for the manufacturing of soap and detergent, footwear, bags and suitcases, as well as used compressors, local manufacturers have kicked against assessed efforts by the Tariff Technical Committee (TTC) to remove the items from the prohibition list.
The National Industrial Court, Abuja, on Thursday dismissed a suit filed by a former staff, Stephen Onwujekwe, against Ajaokuta Local Government Area Council for failure of the claimant to file the suit within the three months stipulated period.
Niger State Government needs help from the World Bank-sponsored Fadama programme to reactivate 17 irrigation schemes and improve mechanisation to encourage youths and women involvement in agriculture, an official said.
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said he is willing to let Nigeria’s oil producing states have absolute control of crude oil revenues from their domains, but added he is reluctant to immediately implement such policies at this stage of national development.
The National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole, has threatened to drag the senate President, Bukola Saraki, to court to prove his allegations of corruption against him.
A Jos Upper Area Court III sitting in Kasuwan Nama, on Thursday, sentenced a 62-year-old man, Dickson Gambo, to five years in prison for raping his nine-year-old cousin.
Interim Real Madrid manager Santiago Solari was appointed permanent coach on Monday after overseeing a startling upturn in the European champions’ fortunes since he replaced Julen Lopetegui.
A Benue State High Court sitting in Makurdi on Monday vacated the interim order which restrained the Speaker, Titus Uba and 21 other members from holding sitting at the assembly complex.
The National Human Rights Commission has confirmed that it was looking into the alleged killing of 492 Shiites by the Army and the Police within the last four years.
The All Progressive Grand Alliance (APGA) seems unrelenting in its efforts to reconcile differences within the party; especially as it concerned the just concluded primary elections of the party across the country.
The National Chairman of the All Progressives Congress, Comrade Adams Oshiomhole, has left for the United States of America after his quizzing over the weekend by the Department of State Services.