A group, Citizens Network for Peace and Development in Nigeria has rejected the Nigeria Governors Forum’s proposed Value Added Tax (VAT) sharing formula, which allocates 50 per cent based on equity, 30 percent based on derivation, and 20 per cent based on population. TheHintsNews reports President Bola Tinibu had proposed the laws aimed at bringing all tax laws into one while harmonising all the taxes that have stunted the growth of the nation’s economy, among others. Despite the proposed reforms, theaw encountered stiff opposition from the governors, before it subsequently endorsed a revised VAT sharing formula to ensure equitable distribution…
Author: Hints News
President Bola Tinubu has approved the appointment of the Deputy National Organising Secretary of the ruling All Progressives Congress (APC), Nze Duru as Chairman, Governing Board, Federal Medical Centre, Lokoja, Kogi State. The appointment was conveyed in a letter signed by the Secretary to the Government of the Federation, Senator George Akume (CON). Duru’s Chief of Staff, Dr. Stanley Ugboaja in a statement issued Friday said the appointment takes effect from 9th of January, 2025. He said: “Nze Duru is a grassroots politician par excellence who has also had a stellar career in the business sector. “His ethics guided political…
Nigeria’s public debt portfolio has increased to ₦142.32 trillion. According to Statisense, With an estimated 230 million Nigerians, each Nigerian now owes the sum of ₦618,783. A further breakdown showed that a family of two now owes ₦1.24 million; a family of four owners ₦2.48 million and a family of six owes ₦3.72 million. TheHintsNews reports that in 2015, each Nigerian owed approximately ₦69,595. It added: “A Nigerian Child born in 2015, was indebted to ₦69,595. In 2024, indebtedness has risen by almost nine times to ₦618,783.”
The Crime Correspondents Association of Nigeria (CCAN) has commiserated with the Commissioner of Police, Federal Capital Territory (FCT) Command, CP Olatunji Disu on the death of his sson. TheHintsNews reports that Disu’s son died in an auto crash on Monday, January 21, 2025. The Secretary General of the Association, Babatunde Ayeni in a statement issued Thursday said the heartbreaking incident is undoubtedly an irreparable loss to a dedicated and hardworking crime fighter who has steadfastly reshaped the security landscape of the nation’s capital since assuming office last year. He said: “Under CP Disu’s leadership, the FCT has witnessed a remarkable…
The Minister of Transportation, Senator Said Alkali has assured the newly appointed Managing Director of Nigerian Railway Corporation (NRC), Dr. Kayode Opeifa of his ministry’s support in the realisation of the Renewed Hope Agenda of the present administration. Receiving the new NRC Boss who formerly reported to the supervising ministry, the monister charged him to bring his wealth of experience and expertise to bear in the sector. According to Alkali, President Bola Tinubu has made a right choice with the appointment of a seasoned and astute administrator in the person of Dr. Kayode who was a former Commissioner for transportation…
Operatives attached to the Ogun State Police Command have successfully neutralised the kidnappers of Mrs. Odumosu, wife of retired Assistant-Inspector General, Hakeem Odumosu and rescued her unharmed. TheHintsNews reports that on January 16, 2025, at approximately 9:45p.m, four masked gunmen forcibly abducted Mrs. Odumosu from her Lexus Jeep outside her residence in Arepo, Ogun State. The abduction sparked an immediate response from the anti-kidnapping unit of the Ogun State Police Command, who commenced a thorough investigation and targeted pursuit of the kidnappers. Force Public Relations Officer, ACP Olumuyiwa Adejobi in a statement issued Thursday sais with the support of the…
A petrol-laden tanker which exploded in the early hours of Wednesday in Ibadan has claimed the life of the driver and injuring one other person. The General Manager of the Oyo State Fire Services Agency, Yemi Akinyinka who confirmed the incident in a statement issued Wednesday said the incident happened at exactly 2:45a.m. He explained that the incident happened around Fijabi House, Agbowo- Ojoo/Iwo Road Expressway Akinyinka stressed that the tanker lost control and collided with two other trucks, before it overturned into a nearby pit before catching fire, the News Agency of Nigeria reports. He said: “The incident happened…
A former deputy editor of Leadership Newspapers, Adebiyi Adedapo, has pioneered a multilingual media experience in Nigeria, leading an online news platform, The Verge, which can be read in over 100 languages. The first of its kind in Nigeria, Adedapo who is the editor-in-chief of The Verge, said its content can be translated to several languages, including English, French, Chinese, Japanese, German, Portuguese, and many others. He also noted that the content can be read in three Nigerian languages: Hausa, Igbo, and Yoruba. Unveiling the new online journalism experience, Adedapo stated that the state-of-the-art digital publication aims to eliminate language…
The military has confirmed the killings of key commanders of wanted bandits leader, Bello Turji in the ongoing offensive in the North-west. Director of Defence Media Operations, Maj-Gen. Edward Buba said the operation was carried out between January 20 and 21, targeting terrorist hideouts across Sokoto and Zamfara states. He noted that the troops neutralised Turji’s second-in-command, Aminu Kanawa, along with several key commanders and close allies in an ongoing military operation codenamed Operation Fansan Yamma. Bubba noted: “Troops successfully neutralized Aminu Kanawa, the second-in-command to Bello Turji, and inflicted terminal injuries on Dosso (Bello Turji’s younger brother) and Danbokolo,…
The Economic and Financial Crimes Commission (EFCC) Tuesday arraigned Benjamin Okoye, Moughalu David Arinze, Okey Okeke, Ekene Mgbeokwere and Eboh Thaddeus on a one-count charge bordering on alleged tampering with a forfeited property. The accused four persons were arraigned Justice A.O.Owoeye of the Federal High Court Lagos by Lagos Zonal Directorate of EFCC. The defendants pleaded “not guilty” to the charge preferred against them. In view of their pleas, the prosecution counsel, Hannatu KofarNaisa informed the court of the presence of a witness and that he was ready to proceed with the trial. Counsel to the first to fourth defendants,…