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linnyx: As long as it doesn't affect tokunbos then no problems...In fact, tokunbo cars are the main target of the policy. |
As part of its determination to encourage newly licensed automotive brands that aim to build assembly plants in Nigeria, the Nigerian Customs Service (NCS) has commenced the full implementation of the Federal Government automotive policy. The automotive policy, allows for an importer to pay 35 percent duty and 35 percent levy on imported vehicles and Customs has started the collection of 35 percent levy on imported new vehicles, which was originally scheduled to commence in January 2015 after the implementation of 35 percent duty was flagged-off in July this year. Also, the implementation of the new vehicle tariff is part of the Federal Government’s new national automotive policy which aims to discourage importation of vehicles in favour of local assembly plants. BusinessDay investigation confirmed that the Customs’ management on Tuesday, September 16 directed the commands located at the Tin-Can Island port, which handles the nation’s roll-in and roll-out terminals, to commence the full implementation of the automotive policy. Confirming this development, Chris Osunkwo, public relation officer of Tin-Can Island port command, told our correspondent that the Federal Government deemed it fit to direct that the 35 percent levy be implemented strictly on only imported new vehicles. This, he said, was geared towards encouraging the automakers to come and invest in Nigeria, thereby creating an enabling environment for their finished products not to face stiff competition with the imported new cars. According to Osunkwo, the 35 percent levy does not apply to imported used vehicles usually referred to as ‘tokunbo’ cars, which, according to the Federal Government may commence in January 2015. Steve Okonma, public relations officer of the PTML Customs command, who confirmed that the command has also begun the implementation, said that it only applies on brand new vehicles and not used vehicles. Reacting to the development, the chapter chairman of the Association of Nigerian Licensed Customs Agents (ANLCA), Bola Adeniran, said the agents were taken aback when they got to work to see that the 35 percent level had been inputed into the Customs system. Adeniran said the implementation of the 35 percent levy was scheduled to take off in January 2015 but was hurriedly implemented by the Customs high command without consulting or informing them. He said, “Agents are not satisfied with the 35 percent levy that was hurriedly implemented because the government said it will start by January but it was a surprise when we all came to work this morning to see that the Customs has already started implementing it. We were not informed and we believe that stakeholders should be duly informed before the commencement of such.” AMAKA ANAGOR businessdayonline.com/2014/09/nigeria-begins-implementation-of-35-levy-on-imported-new-vehicles/ |
fantastic news! |
Goodnews |
Wish our gallant men success! |
What's the problem with this country ![]() ? |
For those of you proposing the plant would have been better sited in lagos than kaduna, should know that peougeot plant has been in kaduna since the 80s. They temporary went out of production due to bad government policies over the years. The plant is simply reactivated currently and probably upgraded which Is more cost effective than siting a new plant in lagos all over. |
A lovely piece, very encouraging! |
N52billion monthly pension payments unaccounted for Collects N1.03billion kickbacks from Pensions Union Cornered N15.6billion meant for settlement of Death Benefits N54billion transferred from 58 illegal accounts can’t be traced Pocketed N113million pension fund, diverted to a contingency account that turned out to be a State House account. A damning report by the office of Nigeria’s Auditor General has indicted a former Head of the Civil Service of the Federation, Stephen Oronsaye, over an alleged N123billion fraud perpetrated during his tenure, between 2009 and 2010, PREMIUM TIMES can authoritatively report today. The 169-page report, entitled “Special Audit of the Accounts of the Civil Pensions”, found Mr. Oronsaye guilty of allegedly presiding over the looting of the nation’s resources during his tenure. The audit by the Auditor General arose from the work of a Special Audit Team constituted by the Federal Government in May 2011 to conduct a comprehensive examination of the accounts of the Civilian Pension Department domiciled in the Office of the Head of Civil Service of the Federation. The audit, which covered the period 2005 to 2010, uncovered monumental financial irregularities, opaque transactions, irregular and abnormal running costs, and outright stealing and kick-backs said to have reached its zenith during the 18 months that Mr. Oronsaye served as Head of Service. The Auditor General’s office, insiders say, completed its assignment and submitted its report to government in 2012. But no action has been taken to bring all those indicted to book. This newspaper understands that there is a high-level lobby at the highest reach of our government to suppress the findings and allow those found culpable to enjoy their loot. While allegations of massive corruption hangs around his neck, Mr. Oronsaye remains very close to President Goodluck Jonathan, with unhindered access to the presidential villa. He also continues to occupy some of the most important positions in the country. He is, for over 10 years now, chairman of the Presidential Committee on Financial Action Task Force [FATF] and is board member of both the Nigerian National Petroleum Corporation [NNPC] and the Central Bank of Nigeria [CBN], the two public organisations widely considered the most lucrative in the country. Looting Galore Although top government officials are working hard to suppress the damning report, PREMIUM TIMES has now scooped its content for you. And it was simply shocking and mind-boggling. The report found that the pension payroll was never subjected to internal audit between June 2009 and December 2010; and that the over N52billion paid as monthly pension under Mr. Oronsaye’s reign remained largely unaccounted for. The payments, auditors say, were not presented for internal and federal audits for prepayment audit as required by Nigerian financial regulation. The examination also documented evidence of payment for goods running into hundreds of millions of naira that were not supplied. For instance, about N700million was paid to 223 different contractors for store items. However, no payment vouchers were available for inspection as the investigators carried out their assignments. The payments were also not recorded in the cashbook, leading auditors to conclude that since store receipt vouchers could not be traced, the items were most probably never supplied. Equally tainted with financial irregularities, the report says, was pension remittance to states and industrial unions during Mr. Oronsaye’s reign. A serious infraction was detected in the payment of N2.08billion check-off dues to the Nigerian Union of Pensioners in 2009 and 2010. When auditors computed and analyzed the figures in accordance with the mandatory one per cent deducted from statutory pension allocations, they found that N1.03bn was overpaid. The report alleged the amount was passed to Mr. Oronsaye as kickbacks. The auditors also expressed shock at the absence of a single receipt from any state government acknowledging the payments purportedly made to them as five per cent federal government contribution and reimbursements. Consequently, there was no single shred of evidence to indicate that these remittances were actually made, the report said. https://m.premiumtimesng.com/headlines/168159-investigation-auditor-generals-report-indicts-oronsaye-for-n123-billion-alleged-fraud.html
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cramjones: Yes, he will loose! I totally agree. The control of Nigeria has slipped out of his hands. By all means he must be sent back to Otueke! Enough is enough!If you are so certain he will loose, then no need to fret over his constitutional right to contest as attest by the high court ruling. |
Responses: 1. I think it's left for the electorate to decide whether they want GEJ back or not despite his shortcomings, not for the opposition. The role of the opposition is to market themselves as better alternative. . 2. I thought a high court judgement earlier ruled he is eligible to contest, so which other court judgement do you want? Supreme?? Your guess about the outcome is as good as mine. . 3. This i consider to be one of his major shortcomings and it's the right of the electorate to decide whether to vote him back or not. The opposition can only market themselves as better prospects. . 4. Who is going to carry out the bombings, the ruling party or the opposition? Definitely not the ruling party cause the stand to loose giving that it will expose their incompetence. Most likely the opposition which has everything to gain by painting the ruling party as incompetent. This will further fuel the view the opposition are responsible for the various incidences of bombings in the country as allege by the SSS. . 5. Any country that allows foreign agencies to determine it's future, that country is doom. Oh so America so love Nigerians that the want to help them carry out a regime change right? The are so caring and desperately want nigeria to develop so that it can serve as competition against them on the African continent right? . I fear the desperation of the opposition more than the misrule of the pdp dear!!! |
A welcome development! Seems the agricultural minister is probably d only minister in this country. A worthy candidate for higher appointment! |
Daji Sani No fewer than 75 members of the outlawed Boko Haram insurgents have reportedly been killed by local hunters in Michika and Madagali local government areas of Adamawa state. The insurgents which had taken control of the two local government areas of the state and parts of Borno State were reported to have ran short of ammunitions, a situation which left them unprotected. A source in the area said that on discovering that the insurgents were dearth of ammunition, the local hunters pounced on them and started killing them. He said normalcy has begun to return in the affected areas as Nigerian Soldiers have recovered the local government areas from the insurgents. Details to follow www.thisdaylive.com/articles/hunters-kill-75-members-of-boko-haram/188675/
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Cattle farmers in Nigeria operating under the Miyetti Allah Kautal Hore Socio-cultural Association on Tuesday canvassed for support for President Goodluck Jonathan in the run-up to the 2015 election. The pastoralists made their position known when they paid a visit to the Special Adviser to the President on Political Affairs, Rufai Alkali, in Abuja Tuesday. Speaking on behalf of the group, its the national secretary, Saleh Hassan, said his members are also ready to support the government in bringing peace between the cattle breeders and farmers across the country. “We are willing to partner with the government in the transformation agenda, especially in the area of agriculture,” Mr. Hassan said. The group denied being behind most of the deadly clashes with farmers in several states, and expressed appreciation to the president for appointing Mr. Alkali as his political adviser saying the presidential aide is one of their own. “This government is our own. You are one of us and we are not shy to openly identify with one who has excelled in service to this country,” the group said. Mr. Alkali expressed appreciation to the group for its support for the Jonathan administration. “The message of what they have said is that this is solidarity visit to President Goodluck Jonathan. They have said it very clearly both in Hausa, Fulfude and English that they have come here to identify openly and clearly with what the government of this country under our President is doing for all Nigerians,” he told journalists. “They have also said that whatever they say comes from the heart and not from the head, whatever they say they mean it. “For those of us who know the wide network that this association has across the country and indeed across West Africa and the way and manner their messages move very fast, when they take a decision to implement it is just a matter of minutes. “They said that Mr. President is doing well and that he should be supported, assisted and encouraged in every way possible,” he continued. “From what they have said they have pleaded that they should be understood properly, that the popular misconception that the Fulani are looking for trouble that they are not doing that.” “My understanding is that there must have been a breakdown in communication between the two otherwise brothers, the farmer and the cattle rearers,” he said. While thanking them for promising to vote for President Jonathan in 2015, Mr. Alkali also appealed to them to support all Peoples Democratic Party candidates next year at all levels as the president will need them to work in the National Assembly and at the state level. He advised them to obtain their permanent voters card which is the ammunition they will use in supporting for the Jonathan administration in 2015. https://m.premiumtimesng.com/news/more-news/167960-2015-fulani-cattle-farmers-drum-support-for-jonathan.html |
Dnaz: Why is dis not making front page?It's an excerpts from the interview. The full interview maybe release later by Vanguard. |
I think some guyz simply spin his interview to suit their views about Ihejirika and SAS. At no point did he mention the name of Ihejirika in his Arise TV interview. |
By Soni Danielwww.vanguardngr.com/2014/09/boko-haram-saga-negotiator-stephen-davis/ |
Goodnewwwssss!!! As they keep multiplying, let's keep sending them back to their lovely 72 virgins in hades!!! Hope to see more of these machines in action! |
Goodnewwwssss!!! As they keep multiplying, let's keep sending them back to their lovely 72 virgins in hades!!! |
Hmmmm....I don't want to believe this! |
omenka: And saying Buhari is a sponsor when thesame group he allegedly sponsors tries to snuff the life out of him makes sense abi??I don't think you've ever caught me posting "Buhari is BH sponsor". I am not one of those bunch of emotional GEJ supporters. I believe in evidence. BH has once included Buhari as one of their target including the Sultan and some prominent northern personalities. But Buhari's problem started when the named him as one of their negotiators with the federal government during thier early days making people to raise eyebrows. And with his subsequent persistance In defending their actions during does early period, it wasn't difficulty to see why pdp easily roped the whole thing round his neck. |
noblezone: then it means the mentioning of his name as a sponsor is a revenge strategy naobviously! |
noblezone: Boko Haram as part of there demands asked that Sheriff be arrested.When Senator Ali Modu Sheriff (SAS) wanted to contest the 2003 Borno governorship election, he needed thugs and youth organisations to serve as campaign machinery. So he contacted Mohammed Yusuf the late BH leader who agreed to campaign for him but with a promise SAS will implement total sharia in borno state. After he won the election SAS appointed a member of BH Buji Foi as commissioner but refused implementing total sharia in the state. That didn't go down well with Yusuf and BH. Buji Foi subsequently resign his position as commissioner in protest. SAS reacted by outlawing BH, demolish their mosque and started arresting their members. This led to escalation in the crisis with subsequent drafting of the military to quell it by late president Musa Yar’Adua. So BH always have this hatered for the dude, feeling betrayed by him. |
barcanista: SAS cannot be absolved for the activities because he created it. It is shameful though. But the continuous sustenance of BH I am not sure. Whats Up with Ali Ndume? why no one is talking about him?Senator Ali Ndume represent Borno south federal constituency from Gwoza village. He is a Christian who converted to Islam. All is other four siblings, Daniel, Diana, Martha and Naomi with his mum magdalene are Christians. He was arrested by the SSS in 2011 of sponsoring BH cause one BH member Aliyu umaru Sanda kadunga name him as a source to some politicians fone contact. Note all these occurred after GEJ named him in august 2011 as a member of a presidential committee to find a solution to BH problem in borno. The dates of his contact and communications with certain members of BH started after he was named in the committee. He claimed his involvement with them was purely to find a solution concerning the crisis accordance with the resolution of the committee to dialogue with BH. Though the case is still in court, the SSS could not get any additional evidence to indict him other than does said fone contacts. |
barcanista: We need to give Sheriff the chance to Air his own side. I recall that the Governorship Candidate of ANPP in 2011 and Party Chairman were murdered.SAS may have used BH to win his reelection. But to say he is sponsoring BH activities just doesn't add up. BH have severally identify him as their number one enemy and always request for his arrest as a precondition for peace. With time more truth will unfold. |
Former Borno State Governor, Ali Modu Sheriff has denied claims by Australian negotiator, Rev. Stephen Davis that he is one of the major sponsors of the sect.www.dailytimes.com.ng/article/boko-haram-sponsorship-allegation-my-story-modu-sheriff
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PastorKun: Video of our gallant soldiers taking on boko haram in bama http://www.abc.net.au/news/2014-08-27/nigerian-forces-attack-boko-haram/5699958The uniforms doesn't look like that of nigerian soldiers and the language the speak is strange completely. To say the are camerounians sounds more like it....If the are Nigerians, then i wish them God's protection! |
By Naomi Uzor Fifteen out of the 16 ECOWAS countries have ganged up against Nigeria’s industrialisation even as the Federal Government has sworn not to sign any trade agreements that will harm the Nigerian manufacturers. This was disclosed by the Manufacturers Association of Nigeria (MAN) during their 42nd Annual General Meeting held recently in Lagos. Chief Kola Jamodu, the immediate past President of the manufacturers, had in his speech told the gathering that 15 out of the 16 ECOWAS member nations don’t want the country to be industrialised and are working frantically to frustrate Nigeria’s industrial development plans. “MAN believes that the federal government’s efforts to enlist the support of other members of the African Union to reject the Economic Partnership Agreement ,EPA in its present form to be sustained. We also appeal that the federal government should continue its effort to convince other ECOWAS member state of the potential dangers of EPA. No country can develop without protecting its industries and Nigeria stands the risk of having its market flooded with European goods with resultant negative effect on our industries and economy, if EPA is endorsed in its present form. This will also impact negatively on employment generation, which is one of the critical aspects of Government Transformation Agenda and the Nigeria Industrial Revolution Plan (NIRP)” he said. In his response, the Vice President, Namadi Sambo, said that government has developed Nigeria’s first comprehensive plan to provide long term financing to industry and ensuring that any trade agreements signed will not threaten the Nigerian manufacturers. “We must boost our industrial capacity; create more jobs and wealth in the economy. History has shown that no nation has ever become prosperous by relying only on export of its raw materials endowments without putting in place a vibrant manufacturing sector. Therefore, value addition to primary commodities to produce intermediate and finished goods for domestic and export markets shall be one of the key areas of focus of our new industrial policy and we believe firmly that the Industrial Revolution Plan can help in achieving this goal,” he said. In cement manufacturing, he noted that for the first time ever in Nigeria’s history, last year the country became a net exporter of cement, from a country that produced only 2 million metric tons of cement a year in 2003, today, have a capacity to produce 39.5 million metric tons per annum and have started selling to our neighbours. Speaking during the event, the Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, said that the Federal Government had already put structures in place to reduce the cost of borrowing for manufacturers. He said, “For the first time in decades, the Nigerian government has decided to tackle the biggest challenges that you Manufacturers have faced for years. This is to ensure that Manufacturing in Nigeria becomes truly competitive. In the area of financing, Nigerian manufacturers have always struggled with the high cost of funding in Nigeria, yet nothing was done. But I am glad to inform you today that as part of the NIRP, we have put together our nation’s first comprehensive real sector funding intervention under a programme called the “Financing Value Chain Initiative”. http://www.vanguardngr.com/2014/09/ecowas-members-nigerias-industrialisation-bid-man/ |
The same group of individuals will complain |
This is becoming more confusing!!! All the same, may God bless the NA. |
Unverify nonsense! And to even think some are making comments as if it's a statement of fact, shows how scarce common sense has become. In as much as Pastors are MOG, they are not infallible. The story of prophets like David, Samson, Jonah and lots more are ample example to show one is not call to be perfect but to walk towards it in which case there will be periods of weakness. The beauty of it is "The righteous may fall seven times, but he shall rise again". First let's get our fact straight before he without sin among us "cast the first stone". |
