Crime Facts

Buhari signs Petroleum Industry Bill into law

President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law. In statement issued by Femi Adesina, presidential spokesman, Buhari assented to the bill on Monday in his determination to fulfill his constitutional duty. The passage of the PIB has proved to be a real nightmare for successive administrations since the need for […]

FG rejects govs’ N380/litre proposal

Barely three months after the Federal Government turned down the recommendation by the Nigeria Governors’ Forum for an increase in the price of Premium Motor Spirit, popularly called petrol, the Federal Government again on Friday reiterated its stance, insisting that no decision on the adjustment of petrol price would be reached until the ongoing negotiations […]

VAT Ruling: FG To Lose Taxes Amidst Dwindling Revenue

The federal government would most likely lose billions of naira in tax revenue amidst dwindling income if the recent court judgement in favour of Rivers State to collect Value Added Tax (VAT) and two other taxes stands and other states follow a similar path. Daily Trust reports that the federal government had been struggling to […]

Shakeup in NNPC, senior management staff redeployed, COO sacked

The Nigerian National Petroleum Corporation on Monday announced the promotion and redeployment of some staff to fill vacant positions, as well as the disengagement of a chief operating officer. Group General Manager, Group Public Affairs Division, Kennie Obateru, announced in a statement issued in Abuja that Billy Okoye had been appointed the new Group Executive […]

ASMATA Election: An open day Fraud

…gives seven days ultimatum. The recent purported election of Anambra State Markets Almagamated Traders’ Association (ASMATA), has been described as a ” monumental fraud”. The Anambra State Market Elders’Forum (ASMEF) in a resolution after their meeting in Onitsha Friday categorically said that there was no election of the umbrella market body in the state, rather […]

Strike: IPMAN resumes distribution of products in S/E zone

The Independent Petroleum Marketers Association of Nigeria (IPMAN) The Independent Petroleum Marketers Association of Nigeria (IPMAN) has resumed the distribution of products in eastern zone comprising Port Harcourt, Calabar, Aba, Enugu and Makurdi after a one-day strike. Alhaji Sanusi Fari National President of IPMAN had directed members of the association at the depots within the […]