“NO ELECTRICITY, NO VOTE,” SOUTH AFRICANS THREATEN TO SHUN RULING PARTY ANC. (PHOTO)

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 “No electricity, no vote,” South Africans threaten to shun ruling party ANC Residents in Katlehong, a township outside Johannesburg, have resolved to boycott South Africa's upcoming local elections on November 4 due to long-standing failures by authorities to provide basic services like electricity. For over 20 years, around 180 households in the community have relied on illegal electrical connections pulled from neighboring areas to power their homes. Angry over the lack of formal grid infrastructure, residents are directing their frustration at the ruling African National Congress (ANC). "We have made a collective decision: no electricity, no vote," said community leader Lesiba Rankapole, 59. "We know it is illegal, but we had no choice because we cannot live without electricity. Our children cannot progress without electricity." "I was born ANC, but today I do not want anyone to tell me about the ANC because I am suffering," added 57-year-old resid...
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NIGERIAN CUSTOMS TO START CHARGING VAT ON DIESEL IMPORTS.(PHOTO).

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Nigerian Customs To Start Charging VAT On Diesel Imports

The Federal Inland Revenue Service (FIRS) has issued a letter to diesel suppliers in Nigeria, informing them that they are now required to pay value-added tax (VAT) on imported diesel.

The VAT Modification Order 2021 exempts certain petroleum products from VAT, but diesel falls outside the exempted category and is subject to VAT.

Diesel suppliers have expressed concerns over the new directive, stating that it will increase their business costs, affect profit margins, and have a negative impact on customers, inflation, and the overall economy.

The Federal Inland Revenue Service (FIRS) has issued a letter to diesel suppliers in Nigeria, informing them that they are required to pay value-added tax (VAT) on automobile gas oil (AGO) or diesel imported into the country.

The letter was forwarded by the Assistant Comptroller-General of Tariff and Trade, MBA Musa IN, on behalf of the Deputy Comptroller-General of Tariff and Trade to diesel suppliers.

Nairametrics obtained a copy of the letter, which was dated June 8th, 2023, and addressed to diesel suppliers. It cited an FIRS letter dated 31st May 2023.


 

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