SENATE APPROVES DEATH PENALTY FOR DRUG TRAFFICKERS. (PHOTO).

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 Senate Approves Death Penalty For Drug Traffickers The Senate has approved the death penalty for those convicted on the charge of drug trafficking in the country. The punishment prescribed in the extant NDLEA Act is a maximum sentence of life imprisonment. The resolution of the Senate followed its consideration of a report of the Committees on Judiciary, Human Rights and Legal Matters and Drugs and Narcotics, National Drug Law Enforcement Agency (NDLEA) Act (Amendment) Bill, 2024. The Chairman of the Committee on Judiciary, Human Rights & Legal Matters presented the report during plenary, Sen.Mohammed Monguno (APC-Borno North). The bill, which passed its third reading, aims to update the list of dangerous drugs, strengthen the operations of the NDLEA, review penalties, and empower the establishment of laboratories. Section 11 of the current Act prescribes that “any person who, without lawful authority; imports, manufactures, produces, processes, plants or grows the drugs popularly
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FG POSTPONES IMPLEMENTATION OF TELECOMS,BEVERAGE TAXES TO 2023.(PHOTO).

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FG Postpones Implementation Of Telecoms, Beverage Taxes To 2023

The Federal Government through the Budget Office of the Federation has revealed that it will begin the implementation of its proposed excise duties on telecommunication services and beverages in 2023.

This is despite backlashes from the Minister of Communications and Digital Economy, Isa Pantami, and the Manufacturers Association of Nigeria.

Discussing the tax which is under the purview of the Nigeria Customs Service, the government said the NCS would introduce frameworks for recovering duties, taxes, and appropriate fees from transactions conducted over electronic networks.

Explaining one of the strategies that would be implemented to improve Customs’ revenue collections over the period 2023-2025, the office said, “Full implementation of excise duty on telecom services, alcoholic, sugar-sweetened beverages, cigarettes and tobacco products.

“Therefore, excise revenue is expected to grow exponentially because of the introduction of the telecom service charge and SSBs”

It explained that the law now empowered the FIRS to appoint anyone as its agent to withhold or collect VAT and remit same to the service.

Stating the government’s plight, the budget office said, “Revenue generation remains the major fiscal challenge of the Federal Government.


 

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