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 Politics › Re: Pantami Kicks Against New Tax On Calls, Data by treesun(op): 8:09pm On Aug 01, 2022 |
Does government think people are dangote and tax and tax them! |
| Politics › Re: Buhari Govt Looks Dazed, Clueless, Incapable Of Fixing Economy, Says POM by treesun(op): 5:15pm On Aug 01, 2022 |
SmartPolician:Lalasticlala! |
| Politics › Re: Pantami Kicks Against New Tax On Calls, Data by treesun(op): 5:03pm On Aug 01, 2022 |
Lalasticlala! |
| Politics › Buhari Govt Looks Dazed, Clueless, Incapable Of Fixing Economy, Says POM by treesun(op): 4:37pm On Aug 01, 2022 |
A new coalition for Peter Obi tagged, Obidient Movement has hit the President Muhammadu Buhari leadership, saying his government looks dazed and clueless. The group described the President Buhari administration as incapable of taming the deteriorating economic and political situation in the country. National Coordinating Council (NCC) of the Obidient Movement, headed by leaders drawn from the six geopolitical zones in the country, briefed newsmen in Abuja on Monday. Ahead of the 2023 flag-off of the presidential campaigns, the group has commenced a nationwide mobilisation. According to the Obi Movement, Obi’s presidency will address increasing national woes ranging from an intolerable and high unemployment rate to insecurity of lives and property. Speaking at the press briefing, former chairman of Inter-Party Advisory Council (IPAC), Dr Tanko Yanusa, said the Obi Movement is on a mission to reset Nigeria to fulfil her foundational mandate. He said Nigeria under the Buhari government is bedeviled and buffeted by a myriad of security challenges never seen or experienced since “our independence in 1960. “The country has indeed been confronted with diverse security threats ranging from election violence, census crises, ethnoreligious conflicts, communal clashes, militancy, and terrorism but most of these were either localised or sporadic before this administration. Unfortunately, what we have been witnessing since 2015 is the amalgamation and molten mix of all these crises, all happening simultaneously, unhindered and in a terrifying fashion across Nigeria. “Nowhere is safe in the 36 States of the country with road, rail and air travels constituting a nightmare for Nigerians. The country is under the siege of terrorists, bandits and other criminal gangs holding sway over swaths of ungoverned territories from the North to the South, East, and West. “The most disheartening of these challenges is the fact that there is a well-orchestrated plan by foreign terrorists with their sponsors to cause more havoc and entrench a chaotic atmosphere and a dangerous agenda. While the daily killings and bloodletting of Nigerians have continued unabated under the All Progressives Congress (APC) led Federal Government. “To make matters worse, President Buhari’s Administration from all indications looks dazed, clueless and incapable of taming the deteriorating economic and political situation in the country. “Similarly, the country’s economy is in shambles with little or no effort to turn things around. Poor fiscal and monetary policies under a largely intellectually docile Minister of Finance and a politically compromised Central Bank of Nigeria (CBN) Governor in addition to a non-existent Presidential Economic Management Team have combined to usher in the worst form of inflation, scorched-earth economic policies, free fall of the Naira and badly managed Petroleum Industry, especially the downstream sector. “Consequently, Nigeria is occupying the unenviable position of the poverty capital of the world with poor development indicators in all spheres of the economy. The high rate of poverty has also exacerbated criminal activities and other forms of vices in society. “Nigerian students have been kept away from institutions of higher learning as a result of long avoidable strike by the ASUU caused by the lack of education priority of the APC led Federal Government. “What this ugly scenario shows is that APC and the Buhari administration have failed woefully in all indices and indicators of good governance. They failed miserably to deliver on the three key areas they anchored their administration on, which are to improve security, the economy and the anti-corruption fight. “The ruling party has broken all the negative records and brought the country to its lowest point. The party has only shown a capacity for propaganda and amplifying actions and decisions that further polarised Nigerians along our faultlines. Another four or eight years under a party that has shown an absolute lack of capacity to govern would destroy this country. And we must collectively rise to stop this NOW.” Speaking on Obi’s chances, Yanusa said, “Obi has most of the qualities of a hands-on 21st-century leader who understands the dynamics of governance both at the local, national and global levels. He represents a paradigm shift and an ideal for a new Nigeria that youths are proud to champion. “He is a fill-in portrait of what a 21st century Nigerian President should be, beyond the vagaries of a wasteful elite built on patronage and cronyism. Obi who has had a stellar performance both in private and public office has equally picked another breath of fresh air personality in Dr Yusuf Datti-Ahmed as his Vice. “The Obidient movement is also not limited to Nigeria as our diaspora community consisting of some of the most brilliant brains in the world are actively involved,” he said. https://www.vanguardngr.com/2022/08/buhari-govt-looks-dazed-clueless-incapable-of-fixing-economy-says-peter-obi-movement/ 1 Like |
| Politics › Re: Pantami Kicks Against New Tax On Calls, Data by treesun(op): 3:40pm On Aug 01, 2022 |
Buhari is not aware abi! 1 Like |
| Politics › Re: Pantami Kicks Against New Tax On Calls, Data by treesun(op): 3:13pm On Aug 01, 2022 |
GamalNasser:APC really need to rescue Nigeria from APC! 1 Like |
| Politics › Pantami Kicks Against New Tax On Calls, Data by treesun(op): 3:03pm On Aug 01, 2022 |
The Minister of Communications and Digital Economy, Isa Pantami, has kicked against renewed attempts by the Federal Government to add a five per cent excise duty to telecommunication services. When implemented, this will bring the total tax telecom consumers pay for telecom services to 12.5 per cent. He disclosed this while speaking in Lagos at the ongoing exhibition organised by the Nigeria Office for Developing the indigenous Telecom Sector, an agency domiciled in the Nigerian Communications Commission. According to him, the telecom sector already contributes a lot to the Nigerian economy, and adding more taxes could impact negatively its growth. He urged the government to consider taxing other sectors of the economy that are not contributing to national development. More details shortly… https://punchng.com/pantami-kicks-against-new-tax-on-calls-data/ |
| Politics › Re: Telcos Kick As FG Plans 12.5% Call Tax by treesun(op): 11:48am On Aug 01, 2022 |
Reason to rescue Nigeria from APC! |
| Politics › Re: Expect Surprises In PDP, We Will Address The Nation - Wike's Group Declares by treesun: 11:40am On Aug 01, 2022 |
[quote author=wwwihy post=115275405]Expect Surprises In PDP, We Will Address The Nation - Wike's Group Declares After Crucial Meeting https://www.youtube.com/watch?v=IYuxcxbWZ7g[/quote]APC to rescue Nigeria from APC - Dayo! 1 Like |
| Politics › Re: FG May Suspend Free Four Million Meters’ Distribution by treesun(op): 10:55am On Aug 01, 2022 |
Always looking for ways to make people poorer! |
| Politics › FG May Suspend Free Four Million Meters’ Distribution by treesun(op): 10:23am On Aug 01, 2022 |
The Federal Government-funded Phase 1 of the National Mass Metering Programme, NMMP, slated to commence in August appears to have been mired in uncertainty, as The PUNCH learnt that it had been put on hold following allegations of fraud by the Central Bank of Nigeria against some of the Meter Asset Providers, MAPs. A source, who pleaded for identity to be shielded due to the sensitivity of the matter, told The PUNCH that there was no indication that the Phase 1 meter distribution would commence this month, as power distribution companies were yet to be furnished with meters. The NMMP is an initiative of the Nigerian Electricity Regulatory Commission, NERC, in conjunction with the Presidential Power Task Force. The initiative was launched in August 2020 to allow the CBN to fund the acquisition of meters on behalf of DisCos by paying directly to the MAPs. The free metering programme commenced with the Phase 0 where one million meters were supposed to have been distributed. However, the CBN, on July 20, asked the Federal High Court in Lokoja, Kogi State, to freeze accounts belonging to 157 MAPs for allegedly diverting funds meant for the procurement of prepaid meters. The apex bank, in a suit, requested commercial banks to restrict the account of 10 companies that received power sector intervention funds under the NMMP for 180 days pending the outcome of its investigation. Following the ongoing court case, The PUNCH, on Sunday, learnt that the free mass programme had also been put on hold until further notice. One of our sources told our correspondent that the DisCos had accused some MAPs of not supplying them with enough meters during the last visits by the CBN to the DisCos’ offices. “The CBN visited the DisCos to audit their books and see what they used the intervention funds given to them for. It was during the visits that it was discovered that some of the MAPs had failed to deliver enough meters for distribution. Before the NMMP commenced; what we were told by the MAPs was that they had enough local capacity to meet demands. But after the CBN signed the contract with them and disbursed money to them, they failed to meet their target. They saw free money,” one of our sources had hinted. The CBN, in the suit said, “The Central Bank of Nigeria reviewed the activities of 12, including the defendants herein Meter Asset Providers (MAPs) alleged to have diverted the Central Bank of Nigeria’s power sector intervention funds under the National Mass Metering Programme (NMMP). “The review was aimed at ascertaining the flow of the funds made available to the MAPs, covering the period between January 1, 2020, to March 15, 2022. The preliminary review revealed that the defendants diverted a substantial portion of the funds for other uses through related entities and individuals/companies connected to the electricity distribution companies (DisCos) and the defunct Power Holding Company of Nigeria (PHCN),” the suit partly said. Nigeria’s central bank has invested heavily into the power sector through its intervention support programmes. According to the bank, it had disbursed over N254.4 billion through its Nigeria Electricity Market Stabilization Facility – Phase 2, NEMSF-2. At the last Monetary Policy Committee meeting of the Central Bank, Governor Godwin Emefiele revealed it disbursed about N47.8 billion for about 865,956 meters across the country. “Under the National Mass Metering Programme (NMMP), the Bank disbursed N47.82 billion for the procurement and installation of 865,956 meters across the country.” Spokesperson for CBN, Osita Nwanisobi, declined commenting on the matter when contacted. The NERC, on its part, said it created the initiative in response to President Buhari’s order that Nigerians must be metered. “The President has directed that there should be a nationwide mass-metering program in an effort by the Federal Government to put a stop to estimated and arbitrary billing for electricity.” The Commission had recently spoken of the success of Phase 0, and revealed it had shortlisted 45 companies for the next phase. It added that; “We are hoping that before the end of August, we will begin to see meters from our local manufacturers going to the electricity Distribution Companies and then to end-user customers.” Both calls and messages put through to the General Manager/Head of Public Affairs Department, NERC, Usman Abba Arabi, were not responded to as at the time of filing this report. One of the accused MAPs, Mojec Meter Asset Management Company Ltd, told The PUNCH that it fully discharged its obligations of manufacturing, supplies, and installation of meters for all eight DisCos it was assigned to. The company also pointed out that it was issued certificates of completion by all the eight DisCo clients as proof of execution of its contractual obligations on the initiative, according to Corporate Communications Manager, MOJEC International Group, Olufunso Adeolu. “Mojec is ready to release all meter serial numbers produced in its factories, together with records of waybills of all in-Country volumes of meters it delivered to the various DisCos under the initiative,” Adeolu added. The PUNCH was unable to get comments from other accused MAPs until the time of filing the report. Metering Expert, Okunade Sesan, told The PUNCH that it was better for the NMMP to be scrapped so that citizens would be allowed to buy their own meters. “The CBN refusing to disburse funds for the next phase of the metering is going to cause a setback. It would even be better for electricity consumers to take their fate into their hands and buy their meters. Then, NERC can arrange for monthly refunds through electricity units,” he said. https://punchng.com/fg-may-suspend-free-four-million-meters-distribution/ |
| Politics › Re: With Buhari’s ‘Aloofness,’ Nigeria’s Slide To Rock Bottom Imminent - Guardian by treesun: 8:24am On Aug 01, 2022 |
2mercy:Does Buhari care about anything! Those who brought him on us are keeping quiet like mumu! 3 Likes |
| Politics › Re: Adebanjo Not On Social Media – Afenifere by treesun(op): 8:23am On Aug 01, 2022 |
Happy new month! |
| Politics › Re: Adebanjo Not On Social Media – Afenifere by treesun(op): 8:20pm On Jul 31, 2022 |
Lalasticlala! |
| Politics › Adebanjo Not On Social Media – Afenifere by treesun(op): 4:15pm On Jul 31, 2022 |
The pan Yoruba socio-political organisation, Afenifere, has urged Nigerians to disregard information from any social media account claiming to belong to its leader, Pa Ayo Adebanjo. The National Publicity Secretary of the group, Jare Ajayi, said in a statement on Sunday that the Twitter account which some electronic and online media quoted from did not belong to Adebanjo or any of the Afenifere leaders. Ajayi said, “It is hereby being clearly stated that Chief Adebanjo has no social media account of any sort, Twitter, Instagram, LinkedIn, Facebook etc. “Whenever he has anything to say to the public, he does so directly by addressing the press, through an interview or a Press Statement. He also addresses the public through the Secretary General or the National Publicity Secretary of Afenifere.” The statement added that the social media account was created by mischievous persons for nefarious objectives as could be gleaned from one of the posts purporting to explain why Adebanjo is supporting Mr. Peter Obi in the forthcoming presidential election in 2023 instead of Asiwaju Ahmed Bola Tinubu, a Yoruba man. Ajayi quoted Adebanjo as saying that his support for Peter Obi is “more fundamental and constitutional than the reason being purported in the spurious social media account” under reference. “In view of the fact that Adebanjo usually speaks directly with the press, both print and electronic, any information purporting to have emanated from the said ‘social media account’ should be totally disregarded because he has no such account in any form or manner,” Ajayi added. It would be recalled that some prominent electronic media quoted from the said Twitter handle some statements purported to have emanated from the Afenifere leader. Some mainstream media (not The PUNCH) too followed suit. He said, “Since the elder statesman does not have any social media account, whatever is found in the Twitter account could not be said to have come from him. He has no such accounts as he speaks directly to the media or causes his views to be channeled to the public via the organisation’s Secretary General or the national publicity secretary. “The media and members of the public are hereby enjoined to disregard any statement purported to have been sourced from Pa Adebanjo’s social media account because he has none.” https://punchng.com/adebanjo-not-on-social-media-afenifere/ |
| Politics › Re: Telcos Kick As FG Plans 12.5% Call Tax by treesun(op): 8:51pm On Jul 30, 2022 |
Buhari just came to destroy lives! |
| Politics › Re: Fitness And Road Walk Photos Of His Royal Majesty Oluwo Of Iwo Today by treesun: 8:09pm On Jul 30, 2022 |
ishowdotgmail:Same thing late Alafin started doing before Iku baba yeye answered the call! |
| Politics › Re: Tinubu Competent to Lead Nigeria: Tee Mac Makes U-turn, Says He Was Misquoted by treesun: 7:39pm On Jul 30, 2022 |
abc115:Tinubu lost a son in UK few years, how old was he. Tinubu is at least 81 years! 1 Like |
| Business › Re: Falling Naira: EFCC Raids Bureau De Change Firms by treesun(op): 12:39pm On Jul 30, 2022 |
Wallade:If you stop BDC, is government ready necessary to provide all the forex needed! |
| Politics › Re: Telcos Kick As FG Plans 12.5% Call Tax by treesun(op): 10:56am On Jul 30, 2022 |
This Government is Agbalowomeri, Bale Jontolo! |
| Politics › Telcos Kick As FG Plans 12.5% Call Tax by treesun(op): 10:44am On Jul 30, 2022 |
Nigerian telecommunication consumers under the aegis of the National Association of Telecoms Subscribers have said the move by the Federal Government to increase the total consumption tax on telecom services to 12.5 per cent is irresponsible and ill-timed. According to the association, Nigerians are already suffering as a result of harsh economic conditions and another tax on telecom subscribers will further impoverish many especially as telecom services are essential to everyone. The Federal Government had on Thursday announce plans to implement a five per cent excise duty tax on telecoms services at a stakeholders’ forum on the implementation of excise duty on telecommunications services in Nigeria. The Minister of Finance Budget and National Planning, Zainab Ahmed, stated this at the forum which was organised by the Nigerian Communications Commission. Ahmed, who was represented by the Assistant Chief Officer of the Ministry, Mr Frank Oshanipin, said the five per cent excise duty was in the Finance Act, 2020 but had not been implemented. She said, “Payments are to be made on monthly basis, on or before 21st of every month. “The duty rate was not captured in the Act because it is the responsibility of the President to fix rates on excise duties and he has fixed five per cent for telecommunication services which include GSM. It is public knowledge that our revenue cannot run our financial obligations, so we are to shift our attention to non-oil revenue. “The responsibility of generating revenue to run government lies with us all.” Speaking to our correspondent, the President of NATCOM, Adeolu Ogunbanjo, said the association was completely against the introduction of this new tax levy and considers the government’s move insensitive. He said, “We had a disagreement at the meeting. They said they were going to implement it immediately because the bill had been passed since 2020 into law. Tax increases unwise in a depressed economy “According to them, it was because of COVID that they couldn’t implement it since 2020 but that they want to do it right away. But it will be insensitive for them to implement it now, it is just not right. This means that in bringing in more taxes, they are also increasing the cost of telecom services through the backdoor. “Already, consumers are paying a 7.5 per cent VAT levy, and the telecom operators at the forum said they were going to directly pass the tax to the subscribers that they are incapable of absorbing any extra fee anymore because of their cost of operations and more. “The government should be sensitive to the plight of the citizenry, to the plight of the masses, so they do not bring in this very unpopular tax.” While speaking at the forum, the Chairman, Association of Licensed Telecom Owners of Nigeria, Gbenga Adebayo, revealed that the additional five per cent tax would be a burden on telecom consumers. He said, “It means that subscribers will now pay 12.5 per cent tax on telecom services, we will not be able to subsidise the five per cent excise duty on telecom services. “This is because of the 39 multiple taxes we already paying coupled with the epileptic power situation as we spend so much on diesel.” The Executive Secretary, ALTON, Mr Gbolahan Awonuga, added that the five per cent excise duty was unhealthy for the telecoms industry as telecom service providers already pay two per cent of their annual revenue to the NCC. According to the president, Association of Telecommunications Companies of Nigeria, Ikechukwu Nnamani (who was represented by the executive secretary, ATCON, Ajibola Alude at the forum), the five percent excise duty on telecom services could lead to job losses. The executive vice-chairman, NCC, Umar Danbatta, said the industry has considered a June 1 commencement date for the excise duty. Recently, telcos proposed a 40 per cent hike in the cost of calls, SMS, and data to the NCC as a result of an unfavourable operating environment. https://punchng.com/telcos-kick-as-fg-plans-12-5-call-tax/ |
| Politics › Re: If You Hate Tinubu, You Hate Yoruba People by treesun: 10:42am On Jul 30, 2022 |
thebosstrevor1:So what did Obasanjo and PYO did for South West! |
| Business › Re: Falling Naira: EFCC Raids Bureau De Change Firms by treesun(op): 10:39am On Jul 30, 2022 |
sinkhole:Okija Priest, Dr Ngige said Nigeria is broke! 2 Likes |
| Business › Re: Falling Naira: EFCC Raids Bureau De Change Firms by treesun(op): 9:52am On Jul 30, 2022 |
Soon they will go to bank accounts! 9 Likes 1 Share |
| Business › Re: Falling Naira: EFCC Raids Bureau De Change Firms by treesun(op): 8:44am On Jul 30, 2022 |
Lalasticlala! 1 Like |
| Business › Re: Falling Naira: EFCC Raids Bureau De Change Firms by treesun(op): 10:57pm On Jul 29, 2022 |
So it was not Abokifx again! 78 Likes 2 Shares |
| Business › Falling Naira: EFCC Raids Bureau De Change Firms by treesun(op): 9:47pm On Jul 29, 2022 |
Operatives of the Economic and Financial Crimes Commission on Friday raided the Wuse Zone 4 bureau de change hub of Abuja over the falling naira.https://punchng.com/falling-naira-efcc-raids-bureau-de-change-firms/ 10 Likes 1 Share
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| Politics › Re: Death Toll Rises To 10 In Plateau Bandit Attack by treesun(op): 9:06pm On Jul 29, 2022 |
OkCornel:Kadaria is saying no! |
| Politics › Re: Kadaria Ahmed Condemns BBC Documentary About Banditry by treesun: 9:02pm On Jul 29, 2022 |
nlfpmod:Majority of them are loyal to a cause, which make them hate killing those destroying our common heritage! 10 Likes 1 Share |
| Politics › Re: Tayo Sanyaolu: Sanwo-Olu's Aide dies in Horrific Car Accident In Lagos by treesun: 7:59pm On Jul 29, 2022 |
Naijadaily:Ile aye Asan, Odore lati wa, odore la opada si! Segun loading! Vanity of life, God comfort his family! 7 Likes |
| Politics › Re: I’m Not Tinubu’s Campaign DG, Says El-rufai by treesun: 7:28pm On Jul 29, 2022 |
Tradernaija1:Ikorodu Lokan, land to plant agbado! Everyone knows this selection of Muslim-Muslim is wrong! |
| Politics › Re: Death Toll Rises To 10 In Plateau Bandit Attack by treesun(op): 5:26pm On Jul 29, 2022 |
Is that not Wase's Village, Lalasticlala! |
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