All Posts in "Day: October 3, 2024"

Police Storm Kidnappers’ Hideouts,Arrest Ex-Convict,Others

        Mohammed Shosanya
The Anti-Kidnapping Unit of the FCT Police Command has stormed kidnappers’ hideouts and arrested an ex convict and three other notorious kidnappers who have been terrorizing the Federal Capital Territory.
The Command’s Spokesperson,SP Josephine Adeh,who revealed this in a statement on Thursday,said the suspects were arrested on the 1st October 2024 while acting on credible intelligence.
The names of the suspects are; Yau Sani, a.k.a. Baba (an ex-convict), Nuhu, a.k.a. Giwa, Kabiru Mohammed, and Yusuf Hassan.
According to her, they were arrested at their criminal hideout in Sauka, Abuja living within the general population.
“The suspects confessed to being responsible for series of kidnappings of unsuspecting residents in FCT and its environs, the killing of seven victims in the process.
“These gang have attacked Dakwa, Dawaki, Aco estate, Dupe Village Zuma rock, Kuchiko village and some villages in Niger and Kaduna.
“They also led Police operatives to another hideout in Gauraka Forest, Suleja, Niger State, where they dug out four AK-47 rifles, 13 AK-47 magazines, 162 rounds of 7.6 mm live ammunition.
“The suspects also confessed their intending plans to attack some government institutions and estates within the FCT, which have been proactively prevented by the Command.
“The Command wishes to reiterate its commitment to stamping out crime and criminality within the FCT. It urges members of the public to report any suspicious or unusual activities to the following police *emergency lines: 08032003913, 08028940883, 08061581938, and 07057337653.* For complaints, please contact PCB at 09022222352 or CRU at 08107314192.”

 

Online Editor by — October 3, 2024 in Crime/Metro 0
FG Removes VAT On Diesel,Cooking Gas

 

Mohammed Shosanya

 

 

The Federal Government has removed  diesel,Liquefied Petroleum Gas (LNG),also known as cooking gas, Compressed Natural Gas (CNG), and electric vehicles, among others from value added tax (VAT).

 

 

 

Mohammed Manga, Director, Information and Public Relations in the Federal Ministry of Finance disclosed this in a statement on Wednesday.

 

 

 

According to him,the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun unveiled two major fiscal incentives aimed at revitalizing Nigeria’s oil and gas sector.

 

 

 

He added:“The VAT Modification Order 2024 introduces exemptions on a range of key energy products and infrastructure, including Diesel, Feed Gas, Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Electric Vehicles, Liquefied Natural Gas (LNG) infrastructure, and Clean Cooking Equipment.

 

 

 

 

“These measures are designed to lower the cost of living, bolster energy security, and accelerate Nigeria’s transition to cleaner energy sources”.

 

 

 

 

He explained that the Notice of Tax Incentives for Deep Offshore Oil & Gas Production provides new tax reliefs for deep offshore projects.

 

 

 

He stated that this initiative aimed at positioning Nigeria’s deep offshore basin as a premier destination for global oil and gas investments.

 

 

 

 

According to him,these reforms are part of a broader series of investment-driven policy initiatives championed by President Bola Ahmed Tinubu, in line with Policy Directives 40-42.

 

 

 

 

He said:”They reflect the administration’s strong commitment to fostering sustainable growth in the energy sector and enhancing Nigeria’s global competitiveness in oil and gas production.

 

 

 

 

“These bold initiatives, Nigeria is firmly on track to reclaim its position as a leader in the global oil and gas market, adding that these fiscal incentives demonstrate the administration’s unwavering commitment to fostering sustainable growth, enhancing energy security, and driving economic prosperity for all Nigerians”.

 

 

Online Editor by — October 3, 2024 in Oil&Gas 0