Nigerian Newspapers Summary
Good morning! Here is today’s summary from Daily News 24. Stay informed with top headlines across Nigeria, including the House of Reps’ decision on VAT, Wike’s impeachment remarks, Tinubu’s stance on economic reforms, and a major foreign currency seizure by Customs.
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1. House of Reps rejects VAT increase to 15%
The House of Representatives has upheld the current 7.5% Value Added Tax (VAT) rate, rejecting a proposed gradual increase to 15% by 2030. The decision was made during deliberations on the Tax Reform Bills at the National Assembly.
2. Ijaw group threatens Tinubu over Fubara impeachment
The Supreme Egbesu Assembly (SEA), an Ijaw traditional institution, has warned President Bola Tinubu of severe consequences if Rivers State Governor Siminalayi Fubara is impeached. The threat follows a statement by FCT Minister Nyesom Wike, who said Fubara’s removal would not cause any unrest.
3. Tinubu defends economic reforms, says Nigeria avoided bankruptcy
President Bola Tinubu has justified his administration’s economic policies, stating they were necessary to prevent Nigeria from going bankrupt. He emphasized that the reforms are aimed at securing the nation’s financial future.
4. Ex-Kaduna governor El-Rufai raises alarm over commissioner’s abduction
Former Kaduna State Governor Nasir El-Rufai has expressed concern over the reported abduction of Jafaru Sani, a former commissioner in his administration. El-Rufai made the announcement in a post on his verified Facebook page.
5. Buhari reaffirms loyalty to APC
Former President Muhammadu Buhari has reiterated his commitment to the All Progressives Congress (APC). His spokesperson, Garba Shehu, released a statement on Thursday affirming Buhari’s continued support for the ruling party.
6. PDP acting chairman rejects South-South zonal congress
Umar Damagum, acting National Chairman of the Peoples Democratic Party (PDP), has declared the South-South zonal congress conducted by some party members invalid, stating that it will not be recognized.
7. Peter Obi meets Bauchi governor in closed-door meeting
Labour Party’s 2023 presidential candidate, Peter Obi, held a private meeting with Bauchi State Governor Bala Mohammed at Ramat House. The details of their discussion remain undisclosed.
8. Court remands couple over N197m fraud
A Kaduna State High Court has ordered the detention of a couple and their two accomplices for allegedly impersonating the wife of the Katsina State Governor. The Economic and Financial Crimes Commission (EFCC) accused them of defrauding a Bureau De Change operator of N197 million.
9. Osun police arrest cultist for shooting trader
The Osun State Police Command has arrested Segun Ogunfunmilayo, a suspected cultist, for allegedly shooting a grocery seller in Ede. The suspect reportedly attacked the victim after failing to make payment for an energy drink.
10. Customs intercepts over $1m undeclared cash at Kano airport
The Nigeria Customs Service has seized $1.154 million and 135,900 Saudi Riyals in undeclared foreign currency at Mallam Aminu Kano International Airport. The interception was announced in a statement by Customs spokesperson Abdullahi Maiwada.
