The federal government has concluded plans to slash the levy on imported cars from 35% to 5%.
This is contained in the draft bill of the finance bill of 2020, which will be presented to the national assembly.
The bill will become law after it has been passed by the legislature and approved by President Muhammadu Buhari.
The bill in its details as shared by the presidency, shows that the import duty of tractors and motor vehicles for the transportation of goods has been slashed from 35 percent to 10 percent.
The financial bill also grants tax relief to companies that donated to the COVID-19 relief fund under the private sector-led Coalition against COVID-19 (CACOVID).
The minister of finance, budget, and national planning, Zainab Ahmed had earlier explained that the reduction in import duties and levies is targeted to help reduce the cost of transportation.
“The reason for us is to reduce the cost of transportation which is a major driver of inflation especially food production,” she stated at the end of the federal executive council (FEC) on November 18.
Babatunde Fashola, a former Governor of Lagos State and Minister of Works and Housing, has stated that the if the All Progressives Congress, APC keep its promises to Nigerians, it will retain power in 2023.
Fashola said this when he spoke with newsmen in Abuja on Monday, November 23.
According to the former governor of Lagos state, citizens would vote for any party that keeps to its electoral promises. “Some governors have joined us, from where we think we could not get voters before. To retain power in 2023, certainly if we keep our promises, people will vote for us. It is that simple, that is politics
If you do what you say you will do, even if you don’t do hundred percent and they see that you are making progress, they will even want you to finish what you started.
Our opposition parties ought to think better than us in order to defeat us. Right now they are not doing that and I won’t teach them how to do it.” he said
The confirmation of Prof. Mahmood Yakubu as the chairman of the Independent National Electoral Commission (INEC) might face new troubles.
According to ThisDay, the opposition Peoples Democratic Party (PDP) caucus in the Senate is set to block Yakubu’s confirmation for fresh five-year tenure. This is coming just as the National Assembly resumes plenary today after a five-week break during which Ministries, Departments and Agencies (MDAs) defended their 2021 budget estimates before the committees of the federal parliament.
Sources told THISDAY yesterday that the PDP senators met at the weekend and took far-reaching decisions, including opposing Yakubu’s nomination. Buhari had earlier this month forwarded the name of Yakubu to the Senate for confirmation, and President of the Senate, Dr. Ahmad Lawan, is expected to read the letter today at the resumed plenary of the Senate.
A senator told THISDAY that the PDP caucus resolved to lobby their colleagues towards ensuring that the Senate doesn’t ratify Yakubu’s nomination. The lawmaker who spoke on condition of anonymity told THISDAY that the minority caucus based its rejection of Yakubu’s candidacy on his reported inconsistencies in his first term. He mentioned, in particular, the 2019 general election, allegedly marred by irregularities leading to INEC saying they had no server only for it to use the server during the Edo/Ondo guber polls this year.
He said: “You could see that under Yakubu’s watch as INEC chairman, there were glaring inconsistencies. At a point, the commission will say one thing, at another point, deny it. An example was during the 2019 general poll in the country when INEC said the server would not be used for the elections only for it to turn round this year and use the same server for Edo and Ondo governorship elections. So, for us in PDP we can’t trust Yakubu with future polls in the country because we believe he can’t guarantee free and fair polls and on this basis we will oppose his re-nomination by the president.”
THISDAY also gathered that the minority caucus also resolved to resist a bill currently before the National Assembly to gag the social media, whenever it is tabled for discussion at plenary. Other decisions taken by the PDP senators ahead of the resumption of Senate plenary today include giving necessary legislative support for the Electoral Act 2010 Amendment Bill and Petroleum Industry Bill (PIB) as well as constitutional reform.
“We will support the timely passage of the PIB and the Electoral Amendment Bill because they are for the betterment of the citizenry as well as the society.“The PDP caucus is also in support of the review of the 1999 Constitution and will support our colleagues in APC and YPP towards ensuring that the revised constitution is ready by June 2021,” the source added. The Senate had on October 20 suspended its plenary and adjourned till today to enable its committees to consider the 2021 budget estimates of the federal government.
Lawan had said the break would enable ministers and heads of parastatals to appear before the Senate committees to defend the allocations for the various MDAs in the 2021 Appropriation Bill.
This weekend, MTN Y’ello Star viewers watched as 14 finalists displayed their vocal strength and performance abilities as they laid it all on the stage, to determine who would come out on top and who would b relegated.
At the end of Sunday’s outing, the sixth episode of the show’s debut season, five of the 14 contestants, who are at the bottom of the leaderboard after scoring the lowest cumulative points, are up for exclusion from live performance.
Week 3 kicked off with highlife and folk music performances from the finalists with each performance rated within the range of 10. Jesse Drumz performed first singing “Time Na Money” by Mike Okri.
At the end of his performance, Banky W, one of 3 judges on the show expressed delight at his improvement saying he was “starting to come into his own”. The judges rated his performance a 6.
David Garland rendered Sir. Shina Peters’ hit record “Afro Juju” next, earning himself a high 9.3 rating and accolades from Omawumi. The show didn’t witness another 9-point performance until Dotti and Freeborn rendered Orlando Julius’, Ololufe and Taxi Driver by IK Dairo respectively.
Asides watching the contestants put in some work to keep themselves in the show, performances from episode 5 proved to be a journey down memory lane as contestants performed Nigerian classics from various decades from the 70s to the 2010s.
Rael scored the lowest for the highlife performances as her rendition of Onyeka Onwenu’s “You and I” didn’t impress the judges enough to get her a score better than 4.3.
For Sunday’s episode 6, the contestants performed a mix of pop and RnB hits by Aretha Franklin, John Legend, Alicia Keys, Rihanna and Seal. The top performance of the day was Freeborn’s powerful delivery of Aretha Franklin’s “You Make Me Feel Like a Natural Woman”, which earned her a 19.6 rating, as the judges ranked contestants on a scale of 0 to 20.
Rael once again got the lowest rating, as her performance of Alicia Keys' Empire State of Mind earned her an 11.3 rating. Guest judge, Olisa Adibua criticized her song choice, stating that though she had fun performing it, she could have picked a better-suited song.
Gideon’s performance was a highlight of the night as all the judges rated him an 18, a huge rise from his highlife performance that only got a 6.7 on the 10 scale. Jesse Drumz, the visually impaired finalist also brought some flair to his performance playing the drums for his rendition of Harry Styles’ Watermelon Sugar.
He joined Uzezi and the duo of Oiza and Meyi on the shortlist of contestants who played an instrument during their performance. Banky W used the judges chat session as an opportunity to remind the contestants that talent is never enough in the music industry, it takes more than that to succeed. “If you are talented and entitled and not willing to push yourself and get the other things you need to complete that picture; you will never make it.”
At the end of Sunday’s show, Dave Willz, G-Isaac, Uzezi, Rael and Melody became the first 5 contestants to be put up for exclusion and will need votes to stay in the competition. To vote for G-Isaac, Uzezi, Dave Willz, Melody and Rael Text “VOTE 001”, “VOTE 003”, “VOTE 008”, “VOTE 011” “VOTE 012” to 50061 respectively on MTN and 9MOBILE networks at N30 naira per text. Terms and Conditions Apply.
Voting ends on Wednesday evening after which the excluded contestant would be announced at the next gala, which airs every weekend on stations across the country. The excluded contestants will lose their right to perform at the live shows but will remain in the Y’ello Hub to continue their musical education delivered by acclaimed faculty members.