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VAT Hike Won’t Affect Ordinary Nigerians -Senate
The Senate has assured Nigerians that the implementation of the 2.5 per cent increase in the Value Added Tax from February 1 will not affect the purchasing powers of an average Nigerian because the increment was targeted at luxury items.
The President of the Senate, Ahmad Lawan, stated this yesterday, while answering a question on what palliative measures that the National Assembly expected the Federal Government to put in place, in order to ameliorate the expected pressure on the purchasing powers of Nigerians.
Lawan said, “The 2. 5 per cent increment in VAT does not include items that ordinary Nigerians normally use.
“Many of the items that would now have additional 2.5 per cent increment are luxury items that ordinary Nigerians don’t use.”
He explained that the nation needed additional resources to provide basic social amenities that average Nigerians required.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
