Ones

Abuja chamber welcomes FCT tax harmonisation

Abuja Chamber of Commerce and Industry (ACCI) has welcomed the plan by the Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello to harmonise tax policies within the territory in order end multiple taxations on by businesses in the territory. The President of ACCI, Alhaji Abubakar, in a statement yesterday, commended the minister for acknowledging the challenges faced by businesses within the territory due to series of levies, charges and taxes from Federal, FCTA and Area Councils. “Multiple taxations within the FCT and the larger national economy has imposed crippling consequences on businesses. “The fallout has been many failed businesses, the rising level of inflation, the non-thriving of existing ones and the lack of capacity to engage many unemployed youths. “We want ...

Abuja residents: Why we buy ‘second hand’ clothes

Some residents of the Federal Capital Territory (FCT) in Bwari Area Council say they patronise the clothes not only because of its affordability but also for the upgraded standard. The buyers spoke in separate interviews with newsmen at the Dutse-Alhaji market on Sunday in Abuja. The buyers were seen patronising the items from their dealers in the market, which was known for the cheap sale of second hand clothing in the district. Ada Micheal, one of the buyers, told newsmen that when it came to especially shoes, school or women bags, she preferred the second hand ones because they were almost new and last longer. ” Not all of these items you see here are fairly used; most of them are new or almost new. ” Some even come with tags from probably the stores they were initially hung for sale or...

Lagos governor: Coronavirus not a hoax, cases rising

Lagos State Governor, Babajide Sanwo-Olu, has cautioned Nigerians against the belief that the existence of coronavirus is a hoax. Instead, he said that COVID-19 cases are rising in Lagos State in a social media post on Sunday. The governor said the Lagos government has activated a new oxygen plant to ensure that more patients recover from the virus. Sanwo-Olu said, “Lagosians, #COVID19 is not a glamorous disease, neither is it a hoax. You need to follow the safety guidelines to safeguard your friends and loved ones. “In the midst of increasing #COVID19 cases, we have some good news from our Infectious Diseases Hospital. “We have activated a new oxygen plant which will help by providing much-needed oxygen to patients. The plant will supplement oxygen supply to about 300 cylinders per day an...

#EndSARS: It’ll take long to rebuild destroyed property – Governor Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos State, said, yesterday, that it would take the state time to rebuild the properties destroyed during the EndSARS protests. This came on a day the Lagos State government disclosed that the 2021 budget of N1.164 trillion would be funded from a revenue estimate of N971.028 billion in the fiscal year, with a target on the expansion of tax nets. Governor Sanwo-Olu stated this while briefing State House correspondents, after meeting behind closed doors with President Muhammadu Buhari, at the Presidential Villa, Abuja. He said the meeting dwelt more on the second wave of the Coronavirus pandemic, security situation and the impact of the #EndSARS protests in the state. On rebuilding Lagos after the EndSARS protests, he said: “It is also some of the things I dis...

Coronavirus: Nigeria now at tipping point – PTF

The Federal Government, yesterday, took stock of its response to the COVID-19 pandemic vis-a-vis the attitude of Nigerians to embracing safety precautions, and concluded that the country was now at a tipping point. This came as government announced its decision to establish oxygen plants in all states of the federation as part of measures to resolve the “oxygen crisis” that had engulfed some of the isolation and treatment centres in the country. Meanwhile, Edo State has recorded 28 new cases of coronavirus, bringing the total number of confirmed cases in the state to 270, as the state government cautions residents to abide by the precautionary health and safety guidelines. Vanguard, meanwhile, gathered that former vice-chancellor of the University of Lagos, Prof. Oyewusi Ibidapo-Obe and th...

Nigerian government begs residents not to reject coronavirus vaccines

Federal authorities have appealed to Nigerians not to be hesitant to take the COVID-19 vaccine when it gets to Nigeria. Coordinator of the Presidential Task Force (PTF) on COVID-19, and head of Nigeria’s primary healthcare agency, Dr. Faisal Shuaib, made the appeal at the PTF briefing on Thursday in Abuja. Nigeria intends to get 42 million COVID-19 vaccines to cover one fifth of its population through the global COVAX scheme, the PTF had earlier announced. The initial vaccines would come as part of Nigeria’s plan to inoculate 40 percent of the population in 2021 and another 30 per cent in 2022, with 100,000 doses of the Pfizer vaccine arriving by the end of January 2021. The COVAX scheme was set up to provide vaccines to poorer countries including Nigeria whose 200 million people and poor ...

Bandits kill 19 in Kaduna attacks

Some bandits on motorcycles have invaded Kaya Village in Giwa Local Government Area of Kaduna State and killed no fewer than 19 persons, including the leader of the volunteer team in the area. Over nine persons sustained gunshot wounds in the incident that started from New Year’s day (Friday) to Saturday night. Several houses, shops as well as motorcycles were burnt during the reprisal attack by the bandits. The Kaya village in Kaduna Central Senatorial District shared a border with Hayin Kaura village of Dandume Local Government Area of Katsina State. The Kaduna State Commissioner for Internal Security and Home Affairs, Mr. Samuel Aruwan, who confirmed the attack on Sunday, said trouble started on New Year’s day when bandits attacked Kaya town and kidnapped some locals, including two marr...

Bandits kill 19 in Kaduna attacks

Some bandits on motorcycles have invaded Kaya Village in Giwa Local Government Area of Kaduna State and killed no fewer than 19 persons, including the leader of the volunteer team in the area. Over nine persons sustained gunshot wounds in the incident that started from New Year’s day (Friday) to Saturday night. Several houses, shops as well as motorcycles were burnt during the reprisal attack by the bandits. The Kaya village in Kaduna Central Senatorial District shared a border with Hayin Kaura village of Dandume Local Government Area of Katsina State. The Kaduna State Commissioner for Internal Security and Home Affairs, Mr. Samuel Aruwan, who confirmed the attack on Sunday, said trouble started on New Year’s day when bandits attacked Kaya town and kidnapped some locals, including two marr...

House of Reps member petitions army over ‘unlawful dismissal’ of soldiers from Ebonyi

The member representing Ezza South/Ikwo Federal Constituency in the House of Representatives, Hon. Chinedu Ogah, has petitioned the Nigerian Army over the ‘unjust’ dismissal of soldiers from Ebonyi state . Ogah said that the soldiers were sacked unjustly from the military and that a petition has been submitted against their dismissal , expressing confidence that they would be reinstated very soon. The federal Lawmaker disclosed this while addressing thousands of members of his constituency who paid him Christmas visit at his Amagu country home, Ikwo in Ikwo local government area of Ebonyi state Ogah however, used the occasion to intimate them on his activities for the one year he has been in office as their representative in the National Assembly, saying that he had submitted petition agai...

CBN: Naira to fall further in January

Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021. The report, titled, ‘December 2020 Business Expectations Survey Report’ added that there might also be a steady rise in interest rate from December till the next six months. The naira witnessed a sharp fall in recent weeks, reaching its lowest on November 30, 2020, when it exchanged for N500/$1. Since then, the dollar has been hovering between N460 and N470. As of Friday, however, one dollar exchanged for 465 in the parallel market. Also, the Nigerian economy had on November 21 slid into its second recession in five years when the economy shrank again in the third quarter. Th...

Former Real Madrid player Antonio Gento dies at 80

Former Real Madrid player Antonio Gento has died at the age of 80, the club said on Saturday. Antonio is the brother of the six-time European Cup winner Paco Gento who is still honorary president at the Spanish club. Antonio Gento played for Real Madrid during the 1961-62 season and won a Spanish league title and a Spanish Cup. “Real Madrid, its president and board of directors, are deeply saddened by the passing of Antonio Gento,” a statement said. “The club wishes to extend its condolences to all his family, especially our dear Francisco Gento, his friends and loved ones, and all the clubs he represented.” Antonio Gento, a centre-forward, also played for Levante, Racing Santander and Oviedo. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dat...

Christmas celebrated under pandemic’s shadow

Hundreds of millions across the world celebrated pared-down Christmas festivities on Friday due to coronavirus restrictions, as Pope Francis called for vaccines for everyone, describing them as “glimmers of hope in this period of darkness and uncertainty”. The pandemic has claimed more than 1.7 million lives and is still running rampant in much of the world, but the recent launching of mass vaccine campaigns has boosted hopes that 2021 could bring a respite. Like so many across the globe, the pope was forced to break with normal Christmas tradition, holding his annual “Urbi et Orbi” speech by video from the apostolic palace, to prevent a crowd from gathering in St Peter’s Square. “I call on everyone, on leaders of states, on businesses, on international organisations, to promote cooperatio...