vincent Obemaero

Quite and gentle

[Prince Olumuyiwa Adejobi @Princemoye1]

In reply, please quote;
Ref No. CZ.5300/FPRD/FHQ/ABJ/VOL.6/232 Date: September 11, 2024

The Director of News
…………………………….

PRESS RELEASE

NPF CONDEMNS, DISSOCIATES SELF FROM UNAUTHORIZED POLITICAL COMMENTS BY SUPERNUMERARY POLICE OFFICER

As IGP Orders Arrest, Investigation

The Nigeria Police Force has been made aware of a recent video evidencing political comment by an individual dressed in a Spy Police uniform regarding the upcoming Edo State gubernatorial elections, which has been circulating on social media platforms. The NPF strongly condemns this act and clarifies that the individual is not a regular officer of the Nigeria Police Force, but a Supernumerary (Spy) Police Officer employed by a private company.

Supernumerary Police Officers are private individuals trained by the Nigeria Police for specific security functions, primarily within their place of employment. They are not on the payroll of the NPF and do not swear to the oath of allegiance like sworn regular police officers, thus they have the right to belong to any political party of their choice and freedom of expression. In this extant case, the Police frowns at the wearing of his official SPY uniform and engaging in political activities.

The individual involved has been arrested for further investigations. We reiterate that his political comments do not reflect the views of the Nigeria Police, and the public is urged to disregard any such statements and trust in our continued commitment to professionalism, neutrality, and the rule of law.

ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI
FORCE PUBLIC RELATIONS OFFICER,
FORCE HEADQUARTERS,
ABUJA.

11TH SEPTEMBER 2024.

[Taiwo Oyedele @taiwoyedele]

THE VAT REFORM PROPOSAL

The Presidential Fiscal Policy and Tax Reforms Committee's proposal is to reduce the VAT rate to zero per cent (0%) on food, health, education, and exemption for rent, transportation, and small businesses. Data by the NBS shows that these are the areas where the average household spends almost all their income, meaning their VAT burden will reduce.

The upward rate adjustment is on non essential items to partly offset the impact of the reduction in rate and exemption for essential items ensuring that the masses are protected, and providing some cushion for states who earn 85% of VAT revenue.

Businesses will also get full credit for the VAT they pay on their assets and services, thereby lowering their overall costs and moderating inflation.

See further comparison below:

CURRENT VAT REGIME

1. Many essential items constituting 82% of the total consumption of an average household attract VAT while some are exempt.
2. Other forms of consumption taxes exist in some states in addition to VAT.
3. Businesses are unable to recover VAT on their assets and services, thereby increasing their costs, which they pass on to consumers.
4. Many small businesses are required to charge VAT on their sales.
5. VAT refunds require extensive tax audits and take a long time to process.
6. Sharing of VAT revenue to and among states is contentious.
7. Export of services and intellectual properties bear VAT making their export less attractive.

PROPOSED VAT REGIME

1. Zero (0%) VAT on food, education, healthcare. Exempt rent, transport, etc. Increase rate on non-essential items to partly offset reduction on essential items.
2. Discontinue with other consumption taxes and charge only VAT where applicable.
3. All businesses will be able to recover VAT on their assets and services, thereby lowering their overall costs and reducing inflation.
4. Over 97% of SMEs will be exempted from charging VAT on their sales.
5. VAT refunds will be faster without the need for extensive tax audits to help business cash flow.
6. Sharing of VAT revenue to and among states to be more equitable.
7. Export of services and intellectual properties will attract 0% VAT to facilitate export growth.

Do you support the proposed VAT reform outlined above?

[M HASSAN @Mhassan2051]

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[Taiwo_Ajakaye @dmightyangel]

FUEL SUBSIDY IN NIGERIA BETWEEN 1990 and 2023

What other things could Fuel Subsidy have done in decades in Nigeria?

- 1990: ₦2.5 billion

- 1991: ₦3.8 billion

- 1992: ₦5.1 billion

- 1993: ₦6.4 billion

[CableLifestyle @CableLifestyle]

Inside Shade Okoya’s luxury closet 👀

[Ugodre @ugodre]

Dangote Industries Limited (DIL) entered into an agreement with China Sinoma International Engineering to build a 6 million tons per annum cement plant in Itori, Ogun State.

Nestle is currently building a distribution centre for Milo and Golden Morn at its Flower Gate factory in Sagamu, Ogun state.

Emzor Pharmaceuticals announced plans to build a $23 million Active Pharmaceutical Ingredients (API) facility in Shagamu, Ogun State.

BUA cement is carrying out expansion of its production facilities to increase its output and share of the Nigerian market and West Africa.

Erakson Nigeria announced the construction of the ERASKON lubricant and chemical blending plant in Bayelsa, Nigeria, with a production capacity of 64,000 litres per day.

Transcorp Hotel- according to the company’s 2023 financial statement, it had commitments to the tune of N1.8 billion for building a new event centre in its facility.

Add to the list…….

https://t.co/faUsMPjsSd

[Wise Philosophy @Wise1Philosophy]

What is the most life changing book you've ever read?

[A. Ayofe @abdullahayofel]

WATCH
Listen to Jimi Adekanle as he narrated the last few days of Late Governor Akeredolu💔and the role of Betty the former First Lady of Ondo State.

[EuroFoot @eurofootcom]

😂📃 After Lukaku's red card, José Mourinho instructed the AS Roma ball boy to send a tactical note to goalkeeper Patricio! 🙌

[Thεό Abu @TheoAbuAgada]

This was Jonathan chilling with Peter Obi of APGA in Israel.

Are you guys new in Politics?

Can’t count the number of times GEJ went on foreign trips with ACN and ANPP governors when he was President.

This thing na normal standard practice na.

[M HASSAN @Mhassan2051]

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[M HASSAN @Mhassan2051]

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[A. Ayofe @abdullahayofel]

💥If You Are Following My Updates On The Presidential Tribunal Like and retweet This Post.

Drama Full Today !

[vincent Obemaero @VincentObemaero]

@abdullahayofel Amen and Amen

[A. Ayofe @abdullahayofel]

There was a time when Ekweremadu was Deputy Senate President and Ihedioa was Deputy Speaker of the House of Representatives simultaneously

And Ekweremadu was the Chairman of Constitution Review at the Senate while Ihedioa was the Chairman of Constitutional Review in House of Rep

[Ayekooto @DeeOneAyekooto]

There was a time when Ekweremadu was Deputy Senate President and Ihedioa was Deputy Speaker of the House of Representatives simultaneously. And Ekweremadu was the Chairman of Constitution Review at the Senate while Ihedioa was the Chairman of Constitutional Review in House of Representatives.

And SW wasn't complaining or involved in hate speech. They were strategising democratically.

[Qudus Akanbi Eleyi @EleyiLagos]

Pastor Adeboye of the RCCG, Retweet if you love the Man of God. 🙏🏾

[DukeOfOsun @DukeOfOsun]

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