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September 13, 2021 Time Will Tell If Sanwo-Olu’s VAT Interest is for Lagosians – Arinola Oloko

Time Will Tell If Sanwo-Olu’s VAT Interest is for Lagosians – Arinola Oloko

A Lagos-based politician, Arinola Oloko, has said that time will tell if Governor Babajide Sanwo-Olu is pursuing the goal for Lagos State to collect Value Added Tax generated within its territory for residents or his political godfathers.

The Social Democratic Party candidate for the Lagos State House of Assembly, Eti-Osa Constituency 2 in 2019, made this known in an interview.

Oloko however backed Governor Nyesom Wike and Sanwo-Olu, for championing the agitation for fiscal federalism for states in the country, saying the autonomy for states was becoming a reality.

Inspiration fm got this response from the state commissioner for Information and Culture, Gbenga Omotosho on the view expressed by Arinola Oloko.

 

September 13, 2021 VAT: Five Northern states, Two South-West, Two South-South among Top Beneficiaries

VAT: Five Northern states, Two South-West, Two South-South among Top Beneficiaries

Five northern states, two south-western states, two south-south states, and one south-eastern state collected a total of N373.84bn of the N836.51bn Value Added Tax allocation available for states in 14 months.

This is according to the latest FAAC allocation data available from the National Bureau of Statistics for the months of January 2020 through to February 2021.

In the period under review, the thirty-six states of the federation and the Federal Government shared N1.09tn as VAT revenue from the Federation Accounts Allocation Committee.

The top 10 states were: Lagos (N153.94bn), Kano (N32.48bn), Oyo (N29.85bn), Rivers (N28.43bn), Kaduna (N24.75bn), Katsina (N22.72bn), Delta (N20.91bn), Bauchi (N20.49bn), Anambra (N20.14bn), and Jigawa (N20.13bn).

Lagos got the largest share of VAT revenue in the period under review (N153.94bn), while Nasarawa got the least allocation of N15.36bn.

September 13, 2021 Nigeria Loses N247.61bn In 100 days Extension of Twitter ban

Nigeria Loses N247.61bn In 100 days Extension of Twitter ban

The Twitter ban in Nigeria has extended to 100 days, and in that time frame the nation has lost N247.61bn.

The Federal Government had on June 4 suspended Twitter after the social media platform deleted a tweet by President Muhammadu Buhari.

Consequently, telcos on June 5 blocked access to Twitter after receiving a directive by the Nigerian Communications Commission.

According to the Net Blocks Cost of Shutdown Tool, the blockade costs Nigeria’s economy N103.17m ($250,600) every hour

It has been 2,400 hours since the federal Government banned Twitter.

September 10, 2021 Eniola Badmus Refutes Rumours That She’s 44 Years Old

Eniola Badmus Refutes Rumours That She’s 44 Years Old

Eniola Badmus says she is 39 years old.

Nollywood actress Eniola Badmus had refuted the rumours that she is 44 years old.

The shocked movie star took to her Instagram page on Thursday, September 9, 2021, where she debunked the rumours.

"Y'all should stop adding to my age, I'm not 44 years old. I never reach 40 years oooo, can't be older than my senior ones. My elder sister is not even up to 44 years old so get your facts right," she said.

The movie star recently celebrated her birthday.

Badmus is a Nigerian professional film actress, scriptwriter, entertainer and social media influencer.

She rose to prominence in 2008 after she featured in the movie Jenifa.

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