NIGERIAN MAN TAKES UP THE CHALLENGE TO BE BURIED ALIVE FOR 24HOURS.(PHOTO).

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 Nigerian man takes up the challenge to be bur!ed alive for 24hours A Nigerian man who identifies as Young C has embarked on a challenge to be buried alive in a coffin for 24 hours.  He made this known in a series of posts on his Instagram page on Wednesday,  stating that the stunt was genuine and not a hoax.  He announced his intention to broadcast live footage from the coffin at night. Sharing a video on his Instagram account on Wednesday, he said, "I am going to be spending the next 24 hours buried in this casket. Guys, this is real, not fake.  "And the most amazing part is that I am going to go live by night." In a subsequent update, Young C revealed that he had been buried for over 8 hours and was experiencing physical discomfort, including excessive sweating. In an update on Wednesday evening, he said in part, "Guys, I have been buried alive for over 8 hours now. For those of you who saw my first video, I have been down here. As you can see, my camera is still
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NEW EXCISE DUTY RATES NOT TARGETED AT LOCAL MANUFACTURES-FINANCE MINISTRY.

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     FEDERAL MINISTRY OF FINANCE
    HEADQUARTERS, AHMADU BELLO WAY, CBD
     PRESS UNIT, 4TH FLOOR
    News Release 
     Sunday, 10th June, 2018

 The attention of the Federal Ministry of Finance has been drawn to media reports that the new excise duty rates approved by President Muhammadu Buhari on alcoholic beverages and tobacco were targeted at local manufacturers.
2. The Ministry wishes to unequivocally state that the new excise duty rates which came into effect from Monday, 4th June, 2018, were not targeted at the local manufacturers.
3. The new excise regime seeks to achieve a dual benefit of raising the Government’s revenues to support the nation’s growth and reducing the health hazards associated with tobacco-related diseases and alcohol abuse.
4. Contrary to claims that the rates were selectively imposed on local manufacturers, there is currently a 60 per cent duty rate imposed on imported alcoholic beverages and tobacco as part of measures by the Government to encourage local production and protect local manufacturing industry. It should also be noted that beer and stout are currently under import prohibition to protect the industry from unfair competition from foreign brands.
5. In addition, other locally excisable products such as non-alcoholic beverages, cosmetics, perfumes, corrugated papers or paper boards and cartons have no excise duties.
6. We wish to clarify that the approved excise duty rates followed all-encompassing engagements with key industry stakeholders by the Tariff Technical Committee (TTC), of which Manufacturers Association of Nigeria (MAN) is a member. The stakeholders’ engagements contributed to the final recommendation.
7. The Federal Government remains committed to the industrialization agenda and shall continue to put in place fiscal policy measures to protect local manufacturers and stimulate the growth of the economy.
Signed:
Hassan Dodo    
Director (Information)
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