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Customs Seeks Enforcement Of New Taxes, Hike In Price Of Non-alcoholic Drinks Looms

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Consumers of non-alcoholic drinks may have to pay more for their drinks as the Nigerian Customs Service Comptroller General, Ali Hammed, has asked for the implementation of the carbonated drinks levy.

The levy, which is contained in the Finance Act of 2020 makes provision for tax on carbonated drinks.

Hammed on Monday, while appearing before the House Committee on Finance during the interactive session on the Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP), said he had been advocating for the implementation of the law.

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He noted that the argument for levy on alcoholic drinks was based on health grounds, noting that carbonated drinks are as dangerous as alcoholic beverages.

The Customs boss said companies like Coca-Cola are operating in Nigeria without proper taxation.

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“I have been on this battle that we should re-excise the companies that were deexcised in 2019—what we have been fighting for is that alcohol beverages and tobacco are injurious to our health, that is why the government decided to tax them, the carbonated drinks are equally injurious to our health and they should be taxed,” he said.

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He added that, “I have sung this song for many years now, Coca-Cola is producing in this country and he is not being taxed, there is nowhere you go in the world that Coca-Cola is not paying tax to its host country, but Coca-Cola in this country is not paying anything. Because of the government unwillingness to re-excise those companies, for us, we have been battling for it, and I hope that one day, we will start collecting.”

This push is coming amid double-digit inflation that is rocking the country and rising prices of food items.

The chairman of the committee, James Faleke, disclosed that the committee will consider amending the Act to accommodate all drinks, carbonated and non-carbonated drinks.

(DAILY POST)

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Man, 38 Escapes Assassination Attempt In Benin

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Innocent Omoruyi

By Omokha Andrew

A 38-year-old activist, Innocent Omoruyi, narrowly escaped assassination in the early hours of Wednesday, July 19, 2023 as his residence at Obe Community,Sapele Road in Benin city was attacked by yet to be identified gun men.

The attack which eye witnesses say was viciously executed on Wednesday, July 19, 2023 bore the markings of a dreaded cult group terrorizing Benin City, the state capital.

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The Obe, Sapale Road incident, it was learnt, happened soon after Omoruyi left the house to attend to matters of interest some few metres away from his home.

The assailants were said to have shot sporadically in their frustration as residents scampered for safety.

However, Omoruyi escaped unharmed.

One of the eye witnesses who craved anonymity said: “The felons apparently went for the kill, weilding guns and other dangerous weapons. “We are shocked that they didn’t see Innocent Omoruyi who was just some few metres away from home when they arrived”.

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“How that happened, only God knows and it was obvious that it wasn’t his time to die yet and just before that not long ago his business place on Lagos Street, Benin City was burnt down in the middle of the night by unknown arsonists.

“This sequence of events is not ordinary. We know it’s politically motivated due to the role he played in the last general elections. He has been advised to go into hiding at the moment for his personal safety”, he concluded.

When contacted, the police Public Relations Officer Chidi Nwabuzor said he was yet to get any information as regards the latest incident. He promised to feed our correspondent with relevant details as soon as they become handy.

Our information source however revealed that the matter has already been incidented at the Love World Police station on Sapele Road, Benin city.

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Nigeria To Earn Over $4bn Revenue As FEC Okays Concession Of Abuja, Kano Airports

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Nigeria will earn over $4 billion in nominal revenue as the Federal Executive Council, FEC, on Wednesday okayed the concession of the Nnamdi Azikiwe International Airport (NAIA), Abuja, and Mallam Aminu Kano International Airport (MAKIA), Kano, to the Corporacion American Airport Consortium, a Luxembourg-based company.

James Odaudu, the Special Assistant on Public Affairs to the Minister of Aviation, disclosed this in a statement on Thursday.

According to him, the Council also approved that the Federal Ministry of Aviation would be renamed the Ministry of Aviation and Aerospace.

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The statement noted that the company would make combined upfront payments of $8.5 million for the concession of NAIA and MAKIA.

He added that the development would spur evidential growth within the Nigerian aviation industry.

In alignment with the Aviation Roadmap, approved by Mr President on 18th October 2016, the Ministry of Aviation and Aerospace is delighted to inform all stakeholders, both local and international, and the media, that the concession of the Nnamdi Azikiwe International Airport (NAIA), Abuja, and Mallam Aminu Kano International Airport (MAKIA), Kano has been approved by the Federal Executive Council,” the statement said.

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READ ALSO: Peter Obi, LP Must Pay N1.5million To Access Documents – INEC

In December 2022 and January 2023, Corporacion American Airport Consortium was announced as the preferred bidder for the airport’s concession after scaling through a series of evaluations of technical and financial bids.

Nominal revenues mean income not adjusted for inflation and decreasing purchasing power.

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Russia Expelled From Council Of Europe Amid War With Ukraine

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The Council of Europe says it has expelled Russia with immediate effect after 26 years of membership because of the Ukraine war.

The Committee of Ministers took the decision in a special session, the rights body announced in the French city of Strasbourg on Wednesday.

Earlier, Russia had already declared its withdrawal from the Council of Europe after it had taken steps to exclude it.

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On Tuesday evening, the Parliamentary Assembly of the Council of Europe voted unanimously in favour of Russia’s exclusion.

Russia joined the Council of Europe on Feb. 28, 1996.

Together with the formal notification of the withdrawal, the Secretary-General of the Council of Europe also received information from the Russian Federation on Tuesday about its intention to denounce the European Convention on Human Rights.

In a statement on Tuesday evening, the leaders of the Council of Europe once again condemned the Russian invasion of Ukraine.

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READ ALSO: Ukraine: Horror As Russian Forces Shoot People Queuing For Bread

They expressed their solidarity with the Russian people, who continue to belong to the European family and share its values.

The body said it would continue to stand by Ukraine in the fight against the aggressor.

The Council of Europe monitors the observance of human rights in its 46 member states and is not part of the European Union.

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The body reacted to the Russian invasion of Ukraine two weeks ago by suspending Russia’s membership, this decision was considered historic.

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