Day: December 21, 2024

Petrol Price Drops To ₦939.50 Per Litre

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NNPCL Mulls Fresh Petrol Price Cut Amid Rivalry With Dangote Refinery, MRS

Oil marketers sourcing Premium Motor Spirit (PMS), commonly referred to as petrol, from Dangote Petroleum Refinery have reduced the price of the product by 11.8%, bringing it down to N939.50 per litre from the previous N1,060 per litre. As of yesterday, petrol was still being sold at N1,060 per litre, according to checks conducted by Vanguard in Lagos and surrounding areas. However, investigations by Saturday Vanguard on Friday revealed that MRS, a prominent marketer, along with a few others, have revised their pump prices. When approached for comment, MRS Chairman…

Christian Leaders Raises Concern Over Politicisation Of Tax Reform Bills

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Christian Leaders Raises Concern Over Politicisation Of Tax Reform Bills

Northern Christian Leaders have raised concerns over the prevalence of multiple and outdated taxation, which has significantly hindered Nigeria’s ability to attract foreign investments over the years, as potential investors are deterred from establishing their businesses in the country due to the existing tax framework. Former Speaker of the House of Representatives, Yakubu Dogara, observed this in his address on Thursday during a town hall meeting in Kaduna, which convened Christian leaders to discuss and formulate a stance on the tax reform bills proposed to the National Assembly by President…

Ex-Kogi Gov, Yahaya Bello Released From Prison After Allegedly Meeting Bail Conditions

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Ex-Kogi Gov, Yahaya Bello Released From Prison After Allegedly Meeting Bail Conditions

The immediate past Governor of Kogi State, Yahaya Bello, has been released from the Kuje Custodial Centre. Yahaya Bello’s release reportedly followed the fulfilment of the bail conditions established by the Federal Capital Territory High Court located in Maitama, Abuja. Adamu Duza, the FCT Command of the Nigerian Correctional Service spokesperson, confirmed the development in a statement released on Friday. Duza said: “Yahaya Bello has been released after meeting the bail conditions. He was released this evening. The Controller of NCoS FCT, Ajibogun Olatubosun, was on the ground to ensure…