AdminFresh petroleum crisis looms in South-East as IPMAN withdraws services
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to withdraw their services from the Nigeria National Petroleum Corporation (NNPC) loading depot in Enugu. The National President…
Bread, others push food inflation to 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August compared to 21.03 per cent recorded in July 2021. This…
UgamatvImo marketers, drivers stop strike, petrol sells for N350
Independent Petroleum Marketers and Dealers Association and Petroleum Tanker Drivers Association in Imo State on Wednesday’s afternoon called off their strike action after a closed door meeting with the state…
Abia Assembly summons IPMAN over hike in fuel price
The Abia State House of Assembly has summoned the state chapter of the Independent Petroleum Marketers Association of Nigeria, IPMAN, over the hike in the price of petrol in the…
Mercedes-Benz UNVEILS car prototype driven by the mind
The automotive giant Mercedes-Benz on Monday, at the International Motor Show which was held in Munich, Germany, unveiled a prototype of a car inspired by the movie ‘Avatar’ that would…
RIVERS MOVE VAT battle to Supreme Court
The Rivers State Government has approached the Supreme Court, challenging the order by the Court of Appeal that parties should maintain status quo in the Value Added Tax dispute. In…
states should NOT collect VAT —Umahi
Ebonyi State Governor David Umahi says the state is not in support of Rivers, Lagos and other states in their moves to collect Value Added Tax. Umahi stated this at…
FIRS may lose N92bn revenue to states
If the judgement of the Federal High Court asking states government to collect Value Added Tax in their domain is upheld by the Appeal Court, the Federal Inland Revenue Service…
NNPC refineries generate zero revenue, pay workers N69bn
Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process a single barrel of crude…
FIRS workers fear cut in salaries FOLLOWING VAT ROWS
The dispute between the Federal Inland Revenue Service and some states over the collection of Value Added Tax seems to be taking a new turn by the day as two…
