Pan-African Television broadcaster, MultiChoice Group has said that its subsidiaries have reached a settlement with Nigerian tax authorities and have agreed to pay a total tax of about $37.3 million. In a statement, the South African entertainment company said, “The total tax amount of $35.4 billion which MultiChoice Nigeria and MultiChoice Africa Holdings will pay will be offset against the security deposits and good faith payments made to date.” The Federal Inland Revenue Service, FIRS, had in 2022 frozen MultiChoice Nigeria’s accounts and served MultiChoice Group with a N1.8 trillion ($1.27 billion) tax claim for its Nigerian operation and a $342 million…
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The Nigeria Customs Service, NCS, has been directed by the Minister of Economy and Coordinating Minister of Finance, Wale Edun, to suspend the 25 percent penalty on improperly imported vehicles. The NCS National Public Relations Officer, Abdullahi Maiwada, made this known in a statement on Friday, March 22. It will be recalled that the Federal Government recently announced a 90-day window to regularize import duties on specific categories of vehicles. While announcing the development, NCS said an import duty and a 25 percent penalty shall be paid in tandem with the import guidelines, procedures, and documentation requirements for used vehicles…
The Nigerian Communications Commission, NCC, has disclosed that the over 40 million telephone lines barred after failing to link their National Identity Numbers, NIN, might be forfeited soon. Director of Public Affairs, NCC, Reuben Mouka, made this known on Tuesday, March 5, saying the telephone lines barred by their telecommunication operators have breached the February 28, 2024, deadline issued by the commission mandating telecommunication customers to link their Subscriber Identity Modules, SIM cards to their NIN. “If the barred lines are not acted upon in the next 180 days. They won’t be able to receive calls but will only be…
Kenya Airways will commence daily flights to Nigeria as part of an initiative to open up Kenya to the globe, the acting Kenyan High Commissioner to Nigeria, Samuel Mogere has announced. Mogere said this on Wednesday, February 7, in Abuja, stating that facilitating stress-free and daily travel from Nigeria to Kenya was a crucial step in this process. Currently, Kenyan Airways operates four weekly flights between its hub at Jomo Kenyatta International Airport in Nairobi and Nnamdi Azikiwe International Airport in Abuja. The direct flights to Abuja occurred on Mondays, Wednesdays, Fridays, and Saturdays. Additionally, the high commissioner shared that…
The Association of Table Water Producers (ATWAP) in Enugu State has announced plans to shut down water-producing factories due to the high cost of production. The decision was made after an emergency meeting on February 8, 2024, where members discussed the challenges facing the association. All table water producers, including sachets and pet Bottles, are required to suspend production from Monday, February 12 to Thursday, February 15, 2024. The economic challenges include a 500% increase in raw material prices, high electricity tariffs, transportation costs, and various fees imposed by state and local governments. The statement outlined the factors contributing to the decision,…
The Abuja Electricity Distribution PLC has said it is ready to disconnect the electricity supply of 86 Ministries, Departments, and Agencies, MDAs, over a total debt of N47.1 billion. Some of the MDAs mentioned by the electricity distribution company, DisCo, include the Presidential Villa, Ministry of Finance, Information, Budget, Works and Housing, barracks, Nigeria Police Force, CBN Governor, Economic and Financial Crimes Commission, EFCC, Federal Airports Authority of Nigeria, FAAN, Federal Inland Revenue Service, FIRS, and state liaison offices in the Federal Capital Territory, FCT. In a disconnection notice issued on Monday, February 19, Abuja DisCo gave the MDAs 10 days to…
Six Nigerian university lecturers, including some refugees and asylum seekers, are currently detained in Cameroon following their alleged illegal deportation. They have urgently appealed to the National Assembly for intervention to secure their immediate and unconditional release. The professors reached out to the House of Representatives, seeking assistance in freeing them from detention in Cameroon, where they have been held since January 2018 after their alleged unlawful deportation. In their petition to the House, the lecturers asserted that their deportation was conducted illegally. They claimed they were forcibly taken from Nigeria on January 5, 2018, and transported to Cameroon on unfounded…
The Federal High Court in Abuja has granted permission to Cyril Ndifon, the suspended Dean of the Faculty of Law at the University of Calabar (UNICAL), on Tuesday, March 12, to appeal against the court’s decision rejecting his no-case submission in the ongoing trial against him. The Judge, James Omotosho also authorized Ndifon’s lawyer, Sunny Anyanwu, to proceed with filing an appeal against the dismissal of the no-case submission. This decision comes following a motion presented by Ndifon and Anyanwu’s counsel, Joe Agi, SAN, which went unopposed by the lawyer representing the Independent Corrupt Practices and Other Related Offences Commission (ICPC),…
Terrorists who abducted 15 Qur’anic students in Sokoto State have reached out to their families, demanding a ransom of N20,000,000 for their release. Liman Abubakar, the school’s proprietor, confirmed this on Tuesday, March 12. The students were taken during a raid on Gidan Bakuso village in the Gada Local Government area on Saturday, March 10. Abubakar stated that the terrorists contacted him directly, asking for the specified sum in exchange for the students’ freedom. He said, “They (the bandits) called me this morning around 11 am and directed me to meet our village head and tell him to raise N20 million for…
Suspected terrorists have abducted at least 61 individuals in an attack on the Buda village located in the Kajuru Local Government Area of Kaduna State. While the state and police authorities have not yet confirmed the attack, a resident of the area disclosed that the bandits invaded the village late Monday, March 11, around 11:45 pm. According to a resident of the community, the kidnappers arrived in large numbers and began firing shots indiscriminately. “What happened yesterday was terrifying. The terrorists came intending to abduct scores of people that’ll outnumber that of school pupils in Kuriga Village of Chikun Local Government Area,…