MINISTER OF INFORMATION LEADS HEADS OF AGENCIES TO BROADCASTERS CONFERENCE IN LAS VEGAS. (PHOTO). #PRESS RELEASE.

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 PRESS RELEASE MINISTER OF INFORMATION LEADS HEADS OF AGENCIES TO BROADCASTERS CONFERENCE IN LAS VEGAS In an effort to strengthen broadcast collaborations and form strategic alliances, Minister of Information and National Orientation Mohammed Idris fnipr, has led a delegation of heads of government agencies to the 2025 National Association of Broadcasters (NAB) Conference and Workshop in Las Vegas, USA. The NAB event, running from April 5 to 9, carries the theme “The Technology, The Trend, The Future” and will cover a range of topics, including Artificial Intelligence (AI), cloud visualization, the creator economy, and sports production and streaming. The Minister is joined by key Directors-General and CEOs of Nigerian broadcasting agencies, including Comrade Salihu Abdulhamid Dembos, Director-General/CEO of the Nigeria Television Authority (NTA); Mr. Ali Muhammed Ali, Managing Director/CEO of the News Agency of Nigeria (NAN); Charles Ebuebu, Director-General/CEO of the National Br...

FG OKAYS ZERO VAT ON PHARMACEUTICAL PRODUCTS. (PHOTO).


 FG okays zero VAT on pharmaceutical products


The Federal Ministry of Health and Social Welfare is set to implement zero Value Added Tax and excise duties on pharmaceutical products and medical devices.


A statement signed on Thursday by the ministry’s Head of Information & Public Relations, Alaba Balogun, said it had finalised the Executive Order Harmonised Implementation Framework, which has now been cleared for gazetting.


It said the critical step would ensure that the Federal Inland Revenue Service and the Nigeria Customs Service could proceed with the implementation of zero VAT and excise duties on pharmaceutical products and medical devices.


“This is a significant milestone, as it opens the door for our local pharmaceutical and medical device manufacturers to begin fully benefiting from the relief measures outlined by His Excellency, President Bola Ahmed Tinubu, in the Executive Order.


“With the implementation of this Executive Order, we anticipate a notable reduction in the prices of essential pharmaceutical products and medical consumables

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