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Senate Declares War On Soda: Prices Set To Soar With New Sugar Tax!

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The Nigerian Senate has officially transitioned from a flat excise duty to a price-based tax for sugar-sweetened beverages. This amendment, arising from the Customs, Excise Tariff (Amendment) Bill, replaces the previous ₦10 per litre charge with a percentage-based levy determined by the Minister of Finance. Legislators noted that the previous flat-rate system had become ineffective due to inflation and rising public health concerns. Furthermore, the Senate has mandated the creation of a dedicated health fund, financed by a portion of these tax revenues, to bolster primary healthcare, disease prevention, and insurance coverage for vulnerable citizens. This initiative aims to address the growing prevalence of non-communicable diseases—such as diabetes and hypertension—linked to high sugar consumption.....KINDLY READ THE FULL STORY HERE▶

In a move to curb excessive sugar consumption and boost public health funding, the Senate has overhauled Nigeria’s sugar tax policy. The outdated ₦10 per litre flat tax is being replaced by a flexible, price-based levy to better reflect current economic realities. Revenue from this new tax will be directed into a specialized health fund designed to support disease prevention and expand healthcare access. Lawmakers emphasized that this shift is a strategic public health intervention to combat the rising burden of lifestyle-related ailments like obesity and cardiovascular disease.

Senate Overhauls Sugar Tax to Tackle Public Health Crisis The Senate has approved a major shift in how sugary drinks are taxed in Nigeria, moving away from a flat ₦10 per litre fee to a dynamic, price-based system. This new policy, guided by the Customs, Excise Tariff (Amendment) Bill, is designed to be more effective than the previous system, which had lost its impact due to inflation. Crucially, the government will now funnel a portion of the proceeds into a new health fund dedicated to fighting non-communicable diseases and improving primary healthcare services. By tying the tax to retail prices, the Senate aims to discourage unhealthy dietary habits while securing sustainable funding for national health interventions.

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“POLITICAL SHOCKWAVE: Niger State Cancels Major APC Rally After 37 D!e In Custody Tragedy!”

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The Niger State Government has cancelled the All Progressives Congress (APC) rally previously scheduled for Saturday in Minna following the tragic deaths of 37 individuals in the custody of the Nigeria Security and Civil Defence Corps (NSCDC).....KINDLY READ THE FULL STORY HERE▶

  • Mourning Period: The state government declared a three-day mourning period to honor the deceased, with Governor Umaru Bago—through his Chief Press Secretary, Bologi Ibrahim—expressing deep condolences to the victims’ families.

  • Suspension of NSCDC Commandant: Following the incident—which involved suspected illegal miners arrested during operations on September 15 and 16, 2026—Minister of Interior Hon. Olubunmi Tunji-Ojo ordered the immediate suspension of Niger State NSCDC Commandant Suberu Siyaka Aniviye.

  • Investigation Ordered: The Minister directed a full, transparent investigation into the casualties and urged the public to remain calm and law-abiding while authorities look into the matter.

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“THE GREAT DEBT SHOWDOWN: State Government Confirms Automatic Deductions Over Peter Obi’s Borrowing Spree!”.

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The Anambra State Government has clarified that monthly Federation Account Allocation Committee (FAAC) revenues are currently being deducted to service external loans incurred during the administration of former Governor Peter Obi.....KINDLY READ THE FULL STORY HERE▶

  • Official Clarification: The Commissioner for Information and Value Reorientation, Law Mefor, made this disclosure while appearing on Arise Television, noting that these loans were among eight external facilities guaranteed by the Federal Government.

  • Repayment Responsibility: Mefor emphasized that a loan remains a loan regardless of whether it is sovereign or interest-free, stating that choosing to accept such credit programs comes with the responsibility of repayment.

  • Loan Evaluation: The commissioner estimated the external facilities linked to Obi’s administration at $123 million, arguing that these outstanding liabilities must be factored into evaluations of his financial legacy.

  • Disputing Claims: Mefor pushed back against claims that Obi left behind no financial liabilities or debt obligations when he handed over power in 2014, contrasting it with Governor Chukwuma Soludo’s current choice to opt out of certain World Bank lending programs like Nigeria CARES.

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“POWER PLAYS ABROAD: Singapore President Personally Invites Tinubu For High-Stakes Engagement!”

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The President of Singapore, Tharman Shanmugaratnam, has extended an official invitation to President Bola Ahmed Tinubu to visit Singapore to deepen diplomatic ties and broaden bilateral cooperation.....KINDLY READ THE FULL STORY HERE▶

  • Delivery of the Invitation: According to a statement issued by the Nigerian Mission House at the United Nations in New York, the invitation was delivered by Singapore’s Permanent Representative to the UN, Ambassador Burhan Gafoor, during a visit to Nigeria’s Permanent Representative to the UN, Ambassador Jimoh Ibrahim.

  • Recognition of Reforms: Ambassador Ibrahim noted that Singapore’s outreach is driven by interest in Nigeria’s ongoing economic reforms, comparing President Tinubu’s bold agenda to the developmental strides of Singapore’s late founding Prime Minister, Lee Kuan Yew.

  • Response and Outlook: Ibrahim accepted the letter on behalf of the Nigerian government, assuring the Singaporean delegation that President Tinubu will honor the invitation at an appropriate time.

  • UN Committee Recognition: During the meeting, Ambassador Gafoor also congratulated Ibrahim on his recent emergence as Chairman of two major UN bodies: the Fifth Committee on Administrative and Budgetary Matters and the Special Committee on Peacekeeping Operations (Committee of 34).

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