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Killer-Phone Number: Matters Arising

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In recent times, the advent of Information technology in the country has rather been used to circulate rumours instead of the promotion of education and the likes.

Sometime, one begins to wonder what those in the information industry in the country are doing and even their effort to curb these menace.

Even among respective villages/ communities, there are always ways of getting to the root of some rumours, especially the case of accusation like witchcraft and murders. The leaders will summon each and every one and agree on a particular measure to adapt in order to find out the truth.

At times, they go as far as consulting deity (depending on their believe system) to enable them know the culprit. They also do some local investigations among other things.

But in Nigeria, it is a different ball game. Her leaders forget in a hurry the particular issue (rumour) that caused panic among its citizens,once it dies down.  No one cares to find out the facts in the rumour.

I know that there is this saying that “in any rumour, there is an atom of truth”. But the Federal Government, Nigeria Communication Commission (NCC) and other agencies in Information/Communication business in the country never considered that old saying.

The issue of killer beans was treated carelessly without the leaders setting up committees to find out the true position of the rumour.

No long ago, the rumour of Acid rain threw many in heavy panic, some nearly committed suicide than to allow the rumoured acidic rain touch them. So many things happened then.

Also the recent rumour of the killer number (09141) on Wednesday September 14, 2011. the situation caused no little stir among members of the public.

Many people sent swift text messages across to their loved ones, charging them sternly not to answer or reply any call from a five digit number, especially 09141. in fact, all network providers in the country raked in more money in their coffers due to the repeated calls and text messages, warning against any five digit number. There was even rumour that between seven to 10 persons have been reported dead.

The Federal Government was swift to react that day through NCC’s spokesman, Reuben Mouka, who said that it is “unimaginable that somebody will die while receiving a call”, and that phone call can not kill. He even stressed that only very gullible people that would believe such rumour.

Many applauded the moves. But it is beyond issuing a statement from his air conditioned office in Abuja. It calls for an immediate setting up of committee with the sole task of getting to the root of the matter.

There are several agencies whose duties revolve around communication/information and also security operatives who could have been drafted into groups to visit those states to find out the actual fact concerning the rumoured death of some Nigerians.

Nothing stops them from making few arrests in connection with the rumour, but as usual, “nothing will happen”. The killer phone number rumour was hot to the extend that some network providers advised their subscribers who called to know the true position of things not to answer any call from five digit number to be at the safer side.

Cases like this demand strong Federal action to dig deep into it, in order to prevent future occurrence. Until such investigations are made, one cannot rule out public reaction about a particular outbreak or development.

No wonder the Bible said in (Psalms 11 verse 3) if the foundations be destroyed, what can the righteous do? KJV. If the activities of NCC as the major manager of the country’s information/communication is under-reported what can other agencies do?

The NCC ought to be a vibrant commission with trained foot soldiers that are ready to browse even the creeks and mangroves in pursuit of details about some rumours. Those who are ready to stake their necks in an attempt to unveil or track down those behind the act.

If rumours of whatever nature is being peddled, the NCC and others should see it as a matter of importance, and carry out a well informed public enlightenment campaign, to drive home their claims. The issuing of a statement about the alleged five digit killer phone number is not out of place, but concerned authorities should learn how to add colour to issues, as well as back it with facts.

Some Nigerians, like the Etisalat Head, regional Sales, South South/South East, Mr. Enekwachi Aja, who reacted promptly, described the rumour as a pure lie. Mr. Aja, was swift to hint that 09141, represented September 14, 2011.

At this point, many who read The Tide Newspaper on Friday, September 16, 2011 got relieved. He said that some lazy people were only trying to make themselves popular by spreading the rumour.

The Etisalat bigwig, blamed part of the ugly incident on poor educational background of some members of the public, adding that death cannot come through phone calls.

Now that the country is always faced with diverse kinds of rumours, it will not be ambiguous for the NCC and those who are saddled with information/communication control/management to tighten its grip on all network providers in the country for proper scrutiny.

Whether acidic rain, killer beans or phone number, let there be a deliberate attempt by the concerned authorities to unmask those behind the act. They should also see the actions of the unseen hands as sabotage and should urgently adopt a radical approach that will permanently prevent future occurrence, if the business of information/ communication management of the country means any thing to them.

A word, they say, is enough for the wise, even as a stitch in time, saves nine.

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FIRS Clarifies New Tax Laws, Debunks Levy Misconceptions

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The Federal Inland Revenue Service has said that Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments, and improve long-term fiscal stability.
The agency also clarified that the much-debated four per cent development levy on imported goods is not a new or additional tax burden, but a streamlined consolidation of several existing levies.
According a statement released Wednesday, one of the most misunderstood elements of the new tax framework is the four per cent development levy with the agency explaining that the levy replaces a range of fragmented charges — such as the Tertiary Education Tax, NITDA Levy, NASENI Levy and Police Trust Fund Levy — that businesses previously paid separately.
This consolidation, it said, reduces compliance costs, eliminates unpredictability and ends the era of multiple agency-driven levies. The law also exempts small businesses and non-resident companies, offering protection to firms most vulnerable to economic shocks.
Another major clarification relates to Free Trade Zones. Earlier commentary had suggested that the government was rolling back the incentives that have attracted export-oriented investors for decades. However, the reforms maintain the tax-exempt status of FTZ enterprises and introduce clearer guidelines to preserve the purpose of the zones.
“Under the new rules, FTZ companies can sell up to 25 per cent of their output into the domestic market without losing tax exemptions. A three-year transition period has also been provided to allow firms to adjust smoothly.
“Government officials say the reforms aim to curb abuses where companies used FTZ licences to evade domestic taxes while competing within the Nigerian market”, it said.
With the new measures, Nigeria aligns with global FTZ models in places like the UAE and Malaysia, where the zones function primarily as export hubs for logistics, manufacturing and technology.
The introduction of a 15 per cent minimum Effective Tax Rate for large multinational and domestic companies has also been met with public concern. But the FIRS notes that this policy aligns with a global tax agreement endorsed by over 140 countries under the OECD/G20 framework.
Without this adoption, Nigeria risked losing revenue to other countries through the “Top-Up Tax” mechanism, where the home country of a multinational collects the difference when a host country charges below 15 per cent. By localising the rule, Nigeria ensures that tax revenue from multinational operations remains within its borders.
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CBN Revises Cash Withdrawal Rules January 2026, Ends Special Authorisation

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The Central Bank of Nigeria (CBN) has revised its cash withdrawal rules, discontinuing the special authorisation previously permitting individuals to withdraw N5 million and corporates N10 million once monthly, with effect from January 2026.

In a circular released Tuesday, December 2, 2025, and signed by the Director, Financial Policy & Regulation Department, FIRS, Dr. Rita I. Sike, the apex bank explained that previous cash policies had been introduced over the years in response to evolving circumstances.

However, with time, the need has arisen to streamline these provisions to reflect present-day realities.

The statement said the new set of cash-related policies is designed to reduce the cost of cash management, strengthen security, and curb money laundering risks associated with the economy’s heavy reliance on physical currency.

“These policies, issued over the years in response to evolving circumstances in cash management, sought to reduce cash usage and encourage accelerated adoption of other payment options, particularly electronic payment channels.

“With the effluxion of time, the need has arisen to streamline the provisions of these policies to reflect present-day realities,”

“Effective January 1, 2026, individuals will be allowed to withdraw up to N500,000 weekly across all channels, while corporate entities will be limited to N5 million”, it said.

According to the statement, withdrawals above these thresholds would attract excess withdrawal fees of three percent for individuals and five percent for corporates, with the charges shared between the CBN and the financial institutions.

Daily withdrawals from Automated Teller Machines (ATMs) would be capped at N100,000 per customer, subject to a maximum of N500,000 weekly stating that these transactions would count toward the cumulative weekly withdrawal limit.
The special authorisation previously permitting individuals to withdraw N5 million and corporates N10 million once monthly has been discontinued.

The CBN also confirmed that all currency denominations may now be loaded in ATMs, while the over-the-counter encashment limit for third-party cheques remains at N100,000. Such withdrawals will also form part of the weekly withdrawal limit.

Deposit Money Banks are required to submit monthly reports on cash withdrawals above the specified limits, as well as on cash deposits, to the relevant supervisory departments.

They must also create separate accounts to warehouse processing charges collected on excess withdrawals.

Exemptions and superseding provisions
Revenue-generating accounts of federal, state, and local governments, along with accounts of microfinance banks and primary mortgage banks with commercial and non-interest banks, are exempted from the new withdrawal limits and excess withdrawal fees.

However, exemptions previously granted to embassies, diplomatic missions, and aid-donor agencies have been withdrawn.

The CBN clarified that the circular is without prejudice to the provisions of certain earlier directives but supersedes others, as detailed in its appendices.

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Shippers Council Vows Commitment To Security At Nigerian Ports

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The Nigerian Shippers Council (NSC)has restated its commitment towards ensuring security at Nigerian seaports.
Executive Secretary/Chief Executive Officer of the Council, Dr Pius Akuta, said this in Port Harcourt, while declaring open a one day workshop organized by the Nigerian Shippers Council in collaboration with the Nigerian police( Marin Division).
Theme for the workshop was ‘Facilitating Port Efficiency; The strategic Role of Maritime police “
Akuta who was represented by the Director, Regulatory Services, Nigerian Shippers Council, Mrs Margeret Ogbonnah, said the workshop was to seek areas of collaboration with security agencies at the Ports with a view to facilitating trade
Akuta said the theme of the workshop reflects the desire of the council and the Nigerian police to build capacity of police officers for better understanding and administration of their statutory roles in the Maritime environment.
He said Nigerian seaports has constantly been reputed as one of the Port with the longest cargo dwell in the world, adding,”This is so, because while it takes only six hours to clear a containerized cargo in Singapore Port, seven days in Lome Port, it takes an average of 21 days or more in Nigerian Ports” stressing that this situation which has affected the global perception index on Ease of Doing Business in Nigerian seaports must be addressed.
Akuta said NSC which is the economic regulator of the Ports has the responsibility of ensuring that efficiency is established in the Ports inorder to attract patronages.
“Pursuant to its regulatory mandate, the NSC has been collaborating with several agencies to ensure the facilitation of trade and ease of movement of cargo outside the Ports to avoid congestion”he said.
Also speaking the commissioner of police, Eastern Port Command, Port Harcourt, CP Tijani Fakai, said Maritime police has played some roles in facilitating Ports efficiency.
He listed some of the roles to include ensuring security and crime prevention at the Ports, checking of illegal fishing activities at the Ports, checking of human trafficking and drug smuggling and prevention of fire incident at the Ports.
Represented by ACP, Rufina Ukadike, the CP said police at the Ports have also helped in the decongestion and prevention of unauthorized Anchorage.
He commended the Nigerian Shippers Council for the workshop and assured of continuous collaboration.
Speaking on the dynamics of cargo handling, Deputy Controller of customs, Muhydeen Ayinla Ayoola, said the launching of electronic tracking system and dissolution of controller General Taskforce has helped to ensure efficiency at the Ports.
Ayoola who represented the custom Area Controller Port Harcourt 1 Area command, however raised concerned over rising national security threat , which according to him has affected efficiency at the Ports.
John Bibor
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