The National Leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, on Thursday urged the Federal Government not to increase the Value Added Tax, according information received by NIGERIA NEWS
Asiwaju Bola Ahmed Tinubu who is currently the National Leader of the All Progressive Congress urged the Federal Government of Nigeria not to put an increment to the Value Added Tax, which is shortly called VAT.
The National leader points several reasons why the VAT should not be increased, which was as he stated that the spending capacity of the people would decrease leading to hardship among the citizen of the country. He then further urged the Federal Government of NIgeria to rather increase the tax net.
According to the speech he gave during his 67th birthday held at the International Conference Centre, Abuja, during the 11th Bola Tinubu Colloquium.
The Minister of Budget and National Planning, Senator Udo Udoma; and the Chairman of the Federal Inland Revenue Service, Mr. Babatunde Fowler, said the Federal Government was considering an upward review of the VAT by 50 percent, after which the approval of N30 000 as minimum wage by the National Assembly was successful.
The reason Udoma and Fowler spoke of on Tuesday when they appeared before the Senate Committee on Finance, was that the increment is to foster the Federal Government to be able to fund the new national minimum wage
The payable VAT by Nigerians would actually be between 35 per cent6.75%) a (nd 50 per cent (7.25%), but the Federal Government is currently charging 5 percent VAT on all products in the country.
Atiku and PDP are planning coup against president Buhari – Presidency
The Presidency raises fresh call that the Peeople’s Democratic Party (PDP) and it’s presidential candidate, Atiku Abubakar, were working to make Nigeria unmanageable coupled with the aim of ousting the President, Muhammadu Buhari.
The Minister of Information and Culture, Alhaji Lai Mohammed, some days ago have alleged the PDP and former Vice President for plotting a coup. The Minister reiterated his stance at in his home state during the 2019 Edition of the Annual Ramadan Lecture held at Oro, Kwara State, declared that they were trying “reverse” democracy.
He alleged them of trying to heat up the polity so as to undermine the government of the ruling All Progressives Congress (APC). While he call on all Muslim Faithful to use this period of Ramadan in prayer for the country against the wiles of evil schemers.
He said: “This is the Holy month of Ramadan, and Muslim Faithful all over the world observe it with fasting, prayers, self-purification, renewed focus on religion and sense of community.
“It is therefore appropriate to use this occasion to call on all Nigerians to pray for our dear country, to pray for peace and unity.
“I make this request against the background of those who are daily plotting to exploit our national fault lines of religion and ethnicity, those who masquerade as democrats but can’t take electoral defeat, those who will not hesitate to collude with anti-democratic forces and dead enders to fan the embers of violence in the country and those who have elevated their personal ambition over and above our survival as a nation.
“As you are aware, a few days ago we raised the alarm that either by themselves or via their proxies, the PDP and it’s presidential candidate are doing everything possible to sabotage the Buhari Administration, generally overheat the polity and make Nigeria seemingly ungovernable.
“Of course you are aware of similar alarms that have been raised by the police, the military and the DSS.
“Since our intervention, pseudo and partisan analysts have teamed up with the spokesmen for the main opposition party and its presidential candidate to either exhibit their ignorance or to engage in red herring and name calling. We are neither distracted nor dissuaded.
“Our interventions are based on credible evidence, and no government with the kind of evidence that we have, of plans to subvert the power of the state, attack the nation’s economic live wire and generally unleash mayhem on the polity, will keep quiet.
“The security agencies are all alert to their responsibilities and will not sit by and allow anyone to reverse the gains of our democracy under any guise.
“I want to end my speech by thanking all Nigerians for their support and prayers for the Buhari Administration, and to urge them not to relent, especially in the run up to the May 29th inauguration of Mr President.”
The PDP presidential candidate in the recently concluded election said the accusation levelled against him was a plot to send him to jail. He said Lai Mohammed was known as a serial liar and his act wasn’t put to a halt even in this month of Ramadan.
He said, “My attention has been drawn to accusations by the Muhammadu Buhari led administration against the candidate of the Presidential Peoples Democratic Party in the 2019 elections and former vice president of Nigeria, Atiku Abubakar, alleging that he has made treasonable statements.
“It is not surprising that such a despicable lie is emanating from Mr. Lai Mohammed, President Buhari’s aptly named minister of information. Lai Mohammed is so associated with lies that even Vice President Yemi Osinbajo said, on Monday, May 13, 2019, as follows:
“People like Lai Mohammed, Abba Kyari, Adamu Adamu they are usually very well behaved during the Ramadan. But I’m not even sure that that is true anymore. “When we have a situation where even those who employed him know that Lai Mohammed is a liar, who will even lie during the holy month of Ramadan, then why should Nigerians be surprised at this latest lie?”
Why AAC susppends Omoyele Sowore from Party
The National Executive Committee (NEC) of the African Action Congress AAC has suspended it’s National Chairman, Omoyele Sowore.
The party announced this on Monday, May 13th, at the party’s NEC meeting in Abuja,
NEC disclosed that the former Presidential aspirant is being suspended for alleged anti-party activities, failure to convene NEC meeting and financial misappropriation.
The party has however appointed a new acting national chairman, Leonard Nzenwa, who has immediately been sworn-in.
The committee of AAC also announced that the suspension of the presidential candidate and other members of his executive takes effect from March 27 and it is to last for six months except overturned by a National Convention of the party.
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