FG projects N120tn as three-year consumption expenditure The Federal Government has projected an average of N120tn as consumption expenditure by Nigerians on which value-added tax will be charged between 2023 and 2025. This is according to the Medium Term Expenditure Framework and Fiscal strategy paper developed by the Ministry of Finance, Budget and National Planning. According to the report, consumption expenditure on which VAT will be charged will likely increase from an average of N35tn in 2023 to N40tn in …
Tag: increase
A Nigerian clergywoman, Pastor Eno Jerry, has said that the role of any woman in a man’s life is to help in increase his wealth. Speaking during a sermon recently, Pastor Eno averred that the least a man should ever be in life should be the way a woman met him. According to her, a woman’s presence should increase a man. In her words; ”When a woman enters the home of a man, her role is to increase his …
Former Big Brother Naija housemate, TBoss, has said that there is going to be an increase in the rate of “intentional mistakes” seen on social media lately because there are no repercussions. Though TBoss didn’t mention what these “intentional mistakes” are, however, she could be referring to the nude video Big Brother Naija star, Cross mistakenly posted on Snapchat. “There are mistakes and then there are intentional mistakes. And the rate of these ridiculous intentional mistakes are about to increase…you know why? Because there ‘re no …
Kano state governor, Abdullahi Ganduje, has promised to increase the salaries of Hisbah officials following the destruction of about 1,975 bottles of beer estimated at N200 million in Dawakin Tofa Local Government Area over the weekend. Speaking during the destruction exercise at Kalebawa, Ganduje said the consumption of alcohol and all other intoxicants can distort the mental capability of a person, is forbidden in Islam. “My administration is proud of the way you discharged your duties. Therefore I wish to urge all …
Minister of Finance, Zainab Ahmed has debunked claims of having plans to increase the Value Added Tax (VAT) and other taxes in 2021. Ahmed who defended her Ministry’s budget before the Senate Committee on Finance in Abuja, dismissed claims of an imminent increase in VAT and other taxes in the proposed Finance Bill to be presented to the National Assembly soon. The minister said; “There will be no increase in VAT or any form of taxes because we see …
Eucharia Anunobi has condemned “ill-gotten wealth” and she listed some actions people engage in that makes their wealth to be considered ill-gotten. She condemned increasing prices of items for profit. She also condemned having sex with rich men and women for money. She wrote: Undue increase in prices of items you sell to make profit … Having sex with rich men or women for the purposes of getting expensive items that you call wealth … Collecting money …