SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...

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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