Uyo, Akwa Ibom State – The Akwa Ibom State Police Command has apprehended a suspect, Promise Boniface, for allegedly stealing five children in Obio Ibiono Local Government Area. Boniface was paraded along with other suspects accused of various crimes at the State Police Command headquarters in Uyo. The Commissioner of Police, Joseph Eribo, confirmed that all five children were rescued unharmed and reunited with their parents. Details of the Arrest According to the Commissioner, Boniface was intercepted after a swift response by local villagers and police operatives, following a hot chase. The motorcycle allegedly used during the crime was also recovered. When questioned, Boniface claimed he found the children stranded in the rain, but he confessed, “It is condition that led me to do it. This is my first time of doing this.” Other Crime Updates On November 27, 2024, police operatives engaged in a gunfight with armed men attempting to kidnap a victim along the Ikot Ekpene-Uyo Highway. The confrontation left one suspect dead, while others fled. Recovered items included: In another operation, police raided a gun-making factory based on credible intelligence. The factory, used to fabricate and supply firearms to criminals, led to the arrest of one suspect, David Nse Emmanuel. While other family members involved escaped, the following items were recovered: Efforts are ongoing to apprehend fugitives and trace customers linked to the illegal gun trade. Arrests for Armed Robbery and Vehicle Theft The Akwa Ibom Police Command also paraded suspects involved in armed robbery and vehicle theft, including: Recovered stolen vehicles include: Police Commitment to Safety CP Joseph Eribo reiterated the Command’s dedication to combating crime and maintaining Akwa Ibom as one of Nigeria’s safest states. “We will continue to protect lives and property, ensuring the safety of all citizens and residents,” he assured. Investigations are ongoing, and all suspects will be charged to court upon completion.
In a move that has sparked widespread dissatisfaction, operators of Point-of-Sale (POS) terminals have increased their charges, following the implementation of the Federal Inland Revenue Service’s (FIRS) Electronic Money Transfer Levy (EMTL). This N50 levy applies to any electronic transfer of N10,000 or more, in line with the new tax regulations. Starting December 1, 2024, several fintech platforms, including Moniepoint, PalmPay, and OPay, began notifying their customers of the N50 charge on any electronic inflow of N10,000 or more. The levy, part of the Finance Act 2020, is designed to bring more electronic transactions under the scope of the Stamp Duty Act. Moniepoint clarified in an email that the N50 charge will be applied to inflows above N10,000, but emphasized that the company does not benefit from the levy. Instead, it is collected by Moniepoint and remitted to the FIRS. PalmPay echoed this, stating that the levy, effective November 30, 2024, would be remitted directly to the federal government. Some POS operators, however, are struggling with the impact of the levy, particularly in regions with limited cash availability. Kazeem Adewale, a POS operator in Ogun State, voiced his frustrations, explaining that many customers are upset about the increase in charges. Other operators, such as Mrs. Helen Faniran in Ondo, shared that the cost of acquiring cash from local vendors has increased, leading to higher transaction fees. While some POS operators are gradually introducing the new charges, others, like a Lagos-based vendor, have yet to implement them. Consumers have also taken to social media to voice their concerns. One user on X (formerly Twitter), Sam Addai, criticized the levy, calling it an unfair tax on digital transactions. Another user, 6xstem, called it “robbery in broad daylight.” As the EMTL continues to be enforced, the increase in POS charges is causing growing unease among Nigerian consumers, who are questioning the fairness and transparency of this new financial burden.
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The Nigerian government, led by President Bola Ahmed Tinubu, has formally sought South Africa’s support to secure full membership in the G20, BRICS, and the BRICS New Development Bank. This appeal was made during the ministerial session of the 11th Nigeria-South Africa Bi-National Commission (BNC) held in Cape Town. A Call for Strategic Partnerships Nigeria’s Minister of State for Foreign Affairs, Bianca Odumegwu Ojukwu, highlighted Nigeria’s commitment to global leadership, requesting South Africa’s backing during its G20 presidency. She emphasized the significance of BRICS, a bloc representing 37% of global GDP, and its potential to drive Africa’s economic and geopolitical relevance. Additionally, Ojukwu stressed the importance of resolving the Sudan crisis, aligning with Tinubu’s role in the African Union’s mediation committee. “With South Africa’s support, we can accelerate peace efforts in Sudan, paving the way for regional stability and progress,” she stated. Strengthening Bilateral Relations The session also saw discussions on expanding cooperation in areas such as: South Africa’s Minister of International Relations and Cooperation, Dr. Roland Lamola, affirmed his nation’s commitment to deepening ties. He pledged that South Africa’s G20 presidency would amplify Africa’s voice, emphasizing Nigeria’s vital role in shaping the continent’s agenda. Historical Ties and Future Collaboration The meeting marked the 25th anniversary of the BNC, celebrating the enduring relationship between Africa’s largest economies. Lamola acknowledged Nigeria’s pivotal role in supporting South Africa during its anti-apartheid struggle. He also urged both nations to unlock the full potential of their collaboration by identifying high-impact, bankable projects in sectors like infrastructure and agriculture. Migration and Global Advocacy A Memorandum of Understanding on Consular and Migration Matters was exchanged, aiming to streamline visa processes, enhance migration policies, and ensure humane treatment of deportees. Looking ahead, both countries agreed on the need to reform global institutions, such as the United Nations, to prioritize Africa’s development agenda during South Africa’s G20 presidency in 2025. A Shared Vision for Africa In her closing remarks, Ojukwu underscored the shared destiny of Nigeria and South Africa as Africa’s leading economies. “Through sustained collaboration, our nations can drive transformative growth across the continent,” she affirmed. This renewed commitment to partnership signals a brighter future for bilateral relations and Africa’s role on the global stage. Key Takeaways: With a robust roadmap for cooperation, Nigeria and South Africa are poised to shape Africa’s future as global leaders.
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The Federal Government of Nigeria has commenced the implementation of a N50 Electronic Money Transfer Levy (EMTL) on transactions of ₦10,000 and above, affecting users of financial technology platforms such as Opay, Moniepoint, and Kuda. This levy, introduced under the Finance Act 2020, applies to the recipient of any electronic transfer meeting the stated threshold. EMTL: What You Need to Know The EMTL is a one-off tax collected on transfers of ₦10,000 and above, with deductions beginning December 1, 2024, as confirmed by several Fintech companies. Initially slated to start in September, the Federal Inland Revenue Service (FIRS) delayed the rollout to fine-tune the process. Fintech Platforms Respond to EMTL Opay clarified in a customer notice that the levy is imposed by the FIRS, emphasizing that the company does not profit from the deductions. “A one-time N50 charge will be applied to electronic transfers of ₦10,000 and above, paid into personal or business accounts, in line with federal regulations,” Opay stated. Similarly, Moniepoint informed its users about the deductions, stating: “You will be charged N50 for transactions above ₦10,000. This levy is collected and remitted directly to FIRS.” Mixed Reactions from Nigerians The introduction of the EMTL has sparked criticism from various quarters, including the National Association of Nigerian Students (NANS), which has called for the reversal of the policy. Critics argue that the levy imposes an additional financial burden on citizens already grappling with economic challenges. Key Highlights: What This Means for Users If you use Fintech services, you’ll now see a N50 deduction for applicable transactions. While the charge might seem small, its cumulative impact could affect frequent users of these services. For updates on financial reforms and how they impact your digital transactions, stay connected.
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The Igala people of Kogi East have firmly rejected their inclusion in the Indigenous People of Biafra’s (IPOB) proposed “United States of Biafra.” Speaking through the Igala Youth Council, they criticized IPOB for including their nation without consultation or consent. During an emergency meeting held on December 1, 2024, the Igala Youth Council condemned IPOB’s actions, describing the plan for a 40-state Biafran nation as baseless and laughable. The group’s National Publicity Secretary, Michael Achor Joshua, released a statement rejecting the Igala nation’s association with IPOB’s secessionist agenda. Igala’s Stance on IPOB’s Agenda Joshua clarified that the Igala nation was neither informed nor involved in any discussions about IPOB’s proposal. He expressed disapproval of being linked to what he called IPOB‘s “madness,” highlighting that the Igala people are committed to achieving good governance within Nigeria, not breaking away from it. “We demand development and unity within Nigeria, not to be drawn into controversial and disruptive agendas,” Joshua stated. IPOB’s Controversial Methods IPOB’s actions, including their enforcement of the weekly “sit-at-home” orders, have drawn criticism for negatively impacting the economy and daily life in the Southeast. While some sympathize with IPOB’s call for self-determination, others view their methods as a direct threat to Nigeria’s national unity. A Call for Unity Joshua urged all Igala citizens to disregard IPOB’s claims and remain focused on their lawful activities. “The Igala nation stands for one united Nigeria and will not be part of any divisive movement,” he concluded.
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Nasarawa State Governor, Abdullahi Sule, has clarified that Nigerian governors are not opposing the proposed Tax Reform Bills. Instead, they sought further understanding and adjustments to ensure the reforms align with public interests and economic realities. Speaking at a Channels Television Townhall on the Tax Reform Bills, Governor Sule commended the initiative but pointed out specific areas requiring more explanation. He highlighted concerns like the proposed Value Added Tax (VAT) increase from 20% to 60% at the generation stage. However, Sule expressed satisfaction with the clarification that the VAT would now also include the consumption stage. “These are the types of issues governors wanted clarity on,” Sule stated. “The governors suggested withdrawing the bills temporarily to facilitate discussions and reach a mutual understanding.” He criticized the timing, saying the Townhall meeting should have taken place earlier, before the bills were submitted to the National Assembly. According to him, better communication from the Tax Reform Committee, led by Taiwo Oyedele, could have prevented the current resistance. Oyedele, in response, acknowledged the governors’ feedback and explained that while more engagements would have been ideal, the urgency to propose the bills necessitated moving forward. He emphasized that the committee remains open to further discussions to clarify concerns. The Tax Reform Bills, which aim to harmonize and streamline revenue administration across Nigeria, have faced significant resistance, particularly from the Northern region. Critics argue that inadequate consultations contributed to the controversy. Despite these challenges, the National Assembly has moved forward, with the Senate passing the bills for a second reading. President Bola Tinubu has also insisted on following due legislative processes, despite calls from the National Economic Council for a temporary withdrawal to allow for broader consultations. As public interest in the bills grows, the Tax Reform Committee has pledged to engage more stakeholders to ensure transparency and inclusiveness in the process.
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The Presidency has firmly denied allegations that the government intends to abolish the National Information Technology Development Agency (NITDA), National Agency for Science and Engineering Infrastructure (NASENI), or the Tertiary Education Trust Fund (TETFUND) through the proposed tax reform bills currently under review by the National Assembly. In a statement issued on Monday, Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy, clarified these misconceptions, emphasizing the administration’s commitment to national development. Tax Reform to Boost Economic Growth President Bola Tinubu’s push for Tax and Fiscal Policy Reforms aims to simplify Nigeria’s tax system and create a business-friendly environment. Mr. Onanuga reiterated that the bills seek to streamline taxation without jeopardizing the existence of key government agencies. “Contrary to the rumors, NASENI, TETFUND, and NITDA will not cease to exist by 2029. These agencies remain vital to national progress and will continue to receive funding through budgetary allocations and other sources,” he stated. The reforms also aim to address Nigeria’s longstanding challenges with over-taxation, which have stifled business growth and made the country less competitive for investments. The current tax structure, with multiple levies funding various agencies, has led some companies to relocate operations abroad—a trend the government seeks to reverse. Consolidating Earmarked Taxes The proposed reforms, particularly Section 59(3) of the Nigeria Tax Bill, suggest consolidating various earmarked taxes into a single levy. This tax will be shared among key agencies, such as NASENI, TETFUND, and NITDA, through a phased implementation process until 2030. “The consolidation provides ample time for affected agencies to explore alternative funding sources while continuing to receive budgetary allocations. Transitioning from multiple earmarked taxes to a unified model aligns with global best practices,” Onanuga explained. He further emphasized that changing an agency’s funding source does not equate to scrapping it, highlighting that leading nations in education, science, and technology do not rely on similar taxes to sustain such agencies. Addressing Regional Concerns The proposed reforms have sparked controversy, with critics expressing concerns about their potential impact on specific regions. For instance, the Northern Governors Forum and the National Economic Council (NEC) have called for the withdrawal of the bills to allow for wider consultations. Despite these reservations, President Tinubu insists the legislative process is robust enough to accommodate inputs during public hearings, urging stakeholders to engage constructively.
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The bustling city of Lagos has added a significant boost to its maritime and logistics sector with the launch of Snake Island Port. This state-of-the-art, 85-hectare multipurpose facility is now operational, thanks to an agreement between Nigerdock and the Nigerian Ports Authority (NPA). The concession agreement spans 45 years, with a provision for an optional extension, signaling a long-term commitment to transforming Nigeria’s port infrastructure. Strategic Location and Economic Impact Snake Island Port is strategically located within the Snake Island Integrated Free Zone, an economic hub in Lagos’ main harbor. The facility includes three fully equipped terminals designed to handle diverse cargo operations efficiently. This development not only expands Nigeria’s port capacity but also strengthens Lagos’ position as a critical player in international trade. $1 Billion Foreign Investment Boost Nigerdock’s Chairman and CEO, Maher Jarmakani, highlighted the project’s significance, stating: “Snake Island Port is a landmark collaboration between the Federal Government of Nigeria and Nigerdock that will bring in $1 billion in foreign direct investment and further enhance Nigeria’s position in international trade.” The infusion of $1 billion in foreign investment is expected to stimulate economic growth, create job opportunities, and attract global trade partnerships. Why Snake Island Port Matters This port is not just a facility; it’s a step forward in Nigeria’s quest to modernize its logistics and maritime infrastructure. By leveraging its strategic location within the Snake Island Integrated Free Zone, the port aims to improve cargo handling efficiency and reduce congestion in Lagos’ other busy ports. Conclusion With the launch of Snake Island Port, Nigeria takes another bold step toward economic diversification and global trade competitiveness. This project underscores the government’s commitment to public-private partnerships that drive national development.
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Nigeria has officially requested South Africa’s support to gain full membership in influential global and regional alliances such as the G20, BRICS, and the BRICS New Development Bank (NDB). This appeal was made by Ambassador Bianca Odumegwu-Ojukwu, Nigeria’s Minister of State for Foreign Affairs, during the conclusion of the 11th Nigeria-South Africa Bi-National Commission (BNC) held in Cape Town, South Africa. South Africa’s Strategic Role South Africa assumed the G20 presidency on December 1, leading a forum of the world’s largest economies. It is also a prominent member of the expanded BRICS bloc, which now includes Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the UAE. Collectively, BRICS nations contribute about 37% of the world’s GDP and are considered a vital driver of global economic growth. Nigeria’s Aspirations and Commitments During her address, Odumegwu-Ojukwu outlined Nigeria’s aspirations to play a pivotal role in South Africa’s G20 presidency, particularly in leading thematic discussions that align with African priorities. She also emphasized Nigeria’s commitment to promoting peace and stability across the continent, with a focus on the ongoing crisis in Sudan. “Resolving the Sudan crisis remains a priority for President Bola Tinubu, who is part of the African Union’s ad-hoc mediation committee. We look to South Africa to support efforts that accelerate peace and de-escalate regional conflicts,” she stated. The minister commended the collaborative efforts of both nations in drafting a communiqué summarizing the outcomes of the ministerial session. This document, alongside agreed minutes, will be presented to Presidents Bola Tinubu and Cyril Ramaphosa during the presidential session of the BNC. South Africa’s Commitment Dr. Roland Lamola, South Africa’s Minister of International Relations and Cooperation, acknowledged Nigeria’s proposals and expressed a commitment to amplifying Africa’s collective voice during South Africa’s G20 leadership. “We value Nigeria’s input as we take on this responsibility. Strengthening Africa’s position on the global stage remains a shared goal,” Lamola said. He also highlighted the mutual obligation of Nigeria and South Africa to improve their citizens’ quality of life and deepen bilateral relations. Key Developments: Nigeria and BRICS In October 2024, Nigeria was welcomed into the BRICS bloc as a partner nation, along with 12 other countries. This announcement was made during the BRICS Summit in Kazan, Russia, held from October 22 to 24. The partner nations now include Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam. While Nigeria and these countries were admitted as partners, they are not yet full members of the bloc.
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The National Agency for Food and Drug Administration and Control (NAFDAC) has made a significant breakthrough in its fight against counterfeit goods. Acting on a public tip-off, the agency uncovered an illicit alcohol production hub located on Offin Road, Balogun, Lagos Island. The operation, carried out on Monday, revealed a shop covertly transformed into a manufacturing site for fake alcoholic beverages. During the raid, NAFDAC officials destroyed various counterfeit products on-site and seized large quantities of packaging materials, empty bottles, and repackaged drinks. Seized Goods Valued at Over N30 Million In an official statement shared on its X handle, NAFDAC disclosed that the total value of the confiscated and destroyed items exceeds N30 million. The agency assured the public that investigations are ongoing to trace the sources of these operations and bring those involved to justice. Consumer Advisory NAFDAC is urging consumers to purchase alcoholic beverages only from trusted vendors to avoid exposure to potentially harmful counterfeit products. Additionally, the agency is calling on the public to report any suspicious activities or products to the nearest NAFDAC office for prompt action. Related Crackdowns on Counterfeit Alcohol This recent operation is part of a broader campaign by NAFDAC to combat the proliferation of substandard alcoholic beverages across the country. Below are some highlights from other raids: Leadership Insights Shaba Mohammed, Director of NAFDAC’s Federal Task Force, stated, “This operation is part of our intensified efforts to dismantle hotspots for counterfeit goods. The Lugbe raid highlights the extent of these operations, with fake products labelled to resemble trusted brands, putting consumers at significant risk.” Tamanuwa Andrew, Deputy Director of Investigation and Enforcement, emphasized, “We’ve noticed an alarming rise in unregistered herbal remedies and fake pharmaceuticals alongside counterfeit alcohol. Our surveillance operations will continue until we clear these harmful products from the market.” Safeguarding Public Health NAFDAC remains resolute in its mission to protect public health by eradicating counterfeit goods. Consumers are encouraged to stay vigilant and support these efforts by reporting any suspicious activities to NAFDAC’s official channels. By prioritizing public awareness and stepping up enforcement, NAFDAC aims to create a safer market environment for all Nigerians.
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At least nine former employees of Integrated Logistic Services (INTELS) Nigeria Limited have tragically passed away while awaiting the payment of their terminal and other benefits. Numerous other affected workers are reportedly in deteriorating health, unable to afford proper medical care due to the financial strain caused by unpaid entitlements. Background of the Case Between 2020 and 2021, over 624 staff members were disengaged by INTELS without receiving their legally mandated benefits. These employees, hired by INTELS and seconded to Associated Maritime Services (AMS) Limited, faced redundancy but were left unpaid. The situation has left many former staff members destitute, with no resolution in sight. Those who have died include Rhoda Oberueuria, Austine Okunsaye, Friday Ikwut, Nwabueze Okocha, Kennedy James, Wisdom Mbakanawo, Timothy Lucky, Gumikup Friday, and Andrew Ikpate. Others, such as Iyara Best Oghenewede, Vincent Adolphus, and Gogo Dagogo Ngeribara, are battling severe health issues without resources for treatment. Legal Efforts to Secure Payments The Maritime Workers Union of Nigeria (MWUN), representing the affected workers, took the case to the Ministry of Labour and Employment after reconciliation efforts with INTELS failed. The ministry referred the matter to the Industrial Arbitration Panel (IAP), which ruled in 2021 that INTELS and AMS should pay all entitlements, including gratuities and terminal benefits. The ruling stipulated that workers with five or more years of service should receive ₦300,000 per completed year of service as redundancy benefits. Despite this, INTELS challenged the IAP’s decision at the National Industrial Court of Nigeria (NICN), which upheld the order but directed the company to negotiate payment terms with MWUN. Continued Stalemate and Appeal INTELS has consistently refused to negotiate, opting instead to pursue appeals at higher courts. The Court of Appeal has twice denied INTELS‘ requests to appeal the NICN ruling. Nevertheless, the company remains unwilling to engage with MWUN, leaving workers’ rights in limbo. Rising Concerns and Renewed Union Efforts The MWUN has expressed deep concern over the escalating hardships faced by the sacked workers, including rising mortality rates. In a letter dated November 20, 2024, MWUN’s Secretary General, Felix Akingboye, urged INTELS to prioritize negotiations to resolve the issue. The union proposed a meeting on December 6, 2024, at a venue convenient for INTELS’ management. The letter highlighted: Call to Action This prolonged impasse between INTELS and MWUN underscores the critical need for compliance with labor laws and fair treatment of workers. The plight of these former employees is a stark reminder of the human cost of corporate negligence. INTELS must urgently address these grievances to restore its reputation and uphold the welfare of its workforce.
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In a significant move to revitalize Nigeria’s mining industry, the country has signed a Memorandum of Understanding (MoU) with France to tackle pressing challenges in the sector. This partnership aims to address environmental concerns, such as the remediation of over 2,000 abandoned mining pits, and drive growth through innovative projects and international collaboration. Key Highlights of the Agreement Strengthening Bilateral Relations The MoU, signed during President Bola Ahmed Tinubu’s official visit to France, was executed by Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and France’s Inter-Ministerial Delegate for Critical Ores and Metals, Mr. Benjamin Gallezot. This landmark deal is expected to bolster international confidence in Nigeria’s mining sector and attract French investment. Dr. Alake noted, “This partnership aligns with our administration’s commitment to reposition the solid minerals sector for global competitiveness. It is a step forward in opening the industry to new opportunities and sustainable growth.” Capacity Building for a Competitive Mining Sector The agreement includes hosting bilateral and multilateral training sessions, seminars, and events to enhance the capacity of administrators managing critical metals. These initiatives aim to equip stakeholders with the skills necessary to oversee the sector’s value chain effectively. Strategic Impact on Nigeria’s Mining Industry This collaboration with France represents a pivotal moment for Nigeria’s solid minerals sector. By fostering innovation, sustainability, and international cooperation, the MoU is expected to create economic opportunities, address environmental challenges, and ensure long-term growth in the mining industry.
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The Cross River State Government and organised labour unions have successfully reached an agreement to implement a new national minimum wage of ₦70,000. This resolution was reached during a marathon meeting that began on Saturday and concluded late on Sunday. The discussions involved key stakeholders, including representatives from the Trade Union Congress (TUC), Nigeria Labour Congress (NLC), Joint Negotiating Council (JNC), and other members of the minimum wage committee established by Governor Bassey Otu. In a statement made to Vanguard via telephone on Sunday night, the Chairman of the TUC, Comrade Monday Ogbodum, confirmed the agreement. “Yes, we have reached an understanding,” he affirmed. When asked about the possibility of the industrial action scheduled to commence on Monday, December 2nd, Ogbodum explained, “There will be a congress meeting tomorrow (Monday) to decide on the next steps for the unions.“ This agreement marks a significant step forward for workers in Cross River State, aligning with broader efforts to address wage disparities and improve living standards across Nigeria.
