HRM EZE EDWARD EULE (ONYENWEALI X), HAS DISMISSED CLAIMS BY SOME OF HIS SUBJECTS THAT HE ABANDONED HIS THRONE FOLLOWING HIS TEMPORARY ABSENCE FROM THE COMMUNITY.(PHOTO).

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 The Traditional Ruler of Azumini Ndoki Ancient Kingdom in Ukwa East LGA, Abia State, HRM Eze Edward Eule (Onyenweali X), has dismissed claims by some of his subjects that he abandoned his throne following his temporary absence from the community. This is as six suspects have been arrested by the police in connection with the stealing of the community’s electricity transformer, thus plunging the community into darkness. The monarch, who is currently in the U.S, explained that his trip was to attend to personal and professional matters, adding that he will soon return to Nigeria. "I travelled to the United States of America in May 2025 to attend to some professional and personal matters. I am robustly healthy and fine, and I may soon conclude the task of my sojourn here", he said. Prof. Eule accused individuals he described as "mischief-makers operating under the guise of an Interim Ruling Council" of peddling falsehoods and propaganda about his alleged abdication. ...
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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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