Connect with us

News

We will address your concerns over 10 percent tax – Senate President assures soft drink manufacturers

Published

on

Senate President Ahmed Lawan
Senate President Ahmad Lawan
Share

The President of the Senate, Ahmad Lawan has assured the manufacturers of non-alcoholic beverages in Nigeria that the National Assembly will address their concerns with respect to the implementation of the Finance Act 2022.

The Finance Act 2022, among other things, imposes 10 percent tax on non-alcoholic beverages.

Top officials of major players in the industry, drawn from Seven-Up Bottling Company Limited, La Casera Company, Rite Foods Limited and Nigerian Bottling Company Limited, complained to the leadership of the Senate on Wednesday that the tax burden could lead to the collapse of the sector.

Receiving the visitors in his office, the Senate President assured them that the parliament would look into their complaints particularly with respect to the excise duty.

Lawan said: “I have listened to your submissions. I want to assure you that everything that we do as a government, an administration, we do so to promote, to support, to protect and foster businesses in our country.

“You are the owners of the businesses. You invested in the soft drink industry in Nigeria. But Nigerians are the beneficiaries because in addition to drinking the soft drink, our citizens also get jobs and for those reasons, it is always at the forefront of our considerations and focus that we must enhance the business environment in Nigeria and create ease of doing business in Nigeria.

“Besides, we are also conscious that the world is a global village. There are so many other areas to which somebody could easily move out. We don’t want to lose businesses in Nigeria to our competitors. So we have to have a competitive environment here.

“I have taken note of how long you have been in Nigeria. The fact that you have stayed for 70 years(NBC) tells a story that the Nigerian environment has provided you the opportunity to invest and also reap from your investment because it is a symbiotic relationship. While you are making profits from your business, we are also getting jobs and other benefits.

“I want to assure you that when the Finance Act 2022 was passed into law, we did so unconsciously, trying to address the issues, not to trying to overburden your businesses.

“Actually, the Finance Act is one way of responding to global situations that every country today faces and it is not peculiar to Nigeria. But, of course, when you pass law, you find how efficacious the law is when you started to implement it.

“Maybe we are talking about the 10 percent tax. I have noted what you have said about it. You think It is a heavy burden that can make your businesses difficult to survive. And that is not the kind of consequence that we anticipated or hoped and as a parliament that passed the law, we will look at the law and see how everybody will be protected.

“On one hand, Nigeria needs some revenue. Just like many other countries, even bigger economies are challenged today. But on the other hand, even though we need revenues, we have to be conscious of the fact that we don’t kill or overburden or stress the goose that lays the golden egg.

“We will like the goose to continue to lay the golden eggs so that at the end of the day, it is better to have something coming into the coffers of government than to have capital flight and lose everything.

“But like I have said, it is not something that I can say, well, the 10 percent is off. We will look at it and see how we can arrive at something and accommodation that everybody will be a winner at the end of the day.

“We will work and try to address the issue that you have raised and that we will try to do as quickly as possible so that we have a situation where at the end of the day, you will be happy and Nigerians will also be happy.

“What we are experiencing today is what most countries are experiencing. Even bigger economies are suffering from so many challenges – from COVID 19, now to the infamous Russia/Ukraine war and so on and so forth. But our understanding is that this is not going to be a permanent situation. That these challenges will soon go away. We will try to take very progressive measures to ensure that we address your concerns.”

Earlier, the spokesman for the delegation, Ambassador Segun Apata, Chairman of the Nigerian Bottling Company Limited, appealed to the Senate President for urgent intervention to save the sector from total collapse.

“We have come to you, that the sector is about to collapse. We don’t be want to go into the public to announce this is happening to us without placing it before you as leaders of this country.

“The Finance Act imposes an excise tax on all non-alcoholic beverages. In our sector, the taxes we pay – company tax, VAT, education tax – are in excess of over N300 billion.

“Our appeal is to ask the National Assembly under your leadership to completely remove the excise tax and return to status quo ante before first of June this year,” Ambassador Apata said.

 

 

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

ICDA Honour Renowned Radio Nigeria Journalist with Community Service Award

Published

on

Share

By AbdulRahman Obaje

The Igala Cultural and Development Association (ICDA), Federal Capital Territory and Surroundings (FCT & S) has honoured a renowned Abuja-based Radio Nigeria Journalist, James Itodo with a meritorious award.

The award ceremony took place Saturday, July 19th, 2025, during the association’s monthly meeting in Abuja

The Chairman, ICDA, FCT & S, Alhaji Ahmed Usman said the Award is a show of appreciation for commitment and dedication to the development of ICDA, FCT & S.

James Itodo, also the Chairman, ICDA, Kuje Branch in his appreciation speech while expressing surprise and appreciation said, “I dedicate this award to my community in Kuje and all ICDA executives and, members in the FCT”

“Thank you very much” , he concluded.

Continue Reading

News

Appreciation: “We Are Grateful for Your Support” – Ajia

Published

on

Share

By AbdulRahman Obaje

The Ajia Ogbonde family of Ilorin has expressed deep and heartfelt appreciation to individuals, families, religious leaders, institutions, dignitaries, and well-wishers who stood by them during the mourning period following the passing of their beloved matriarch, Hajiya Maryam Mohammed Ajia.

In a press statement personally signed by Alhaji Ibrahim Mohammed Ajia, the Dan Amanar Fune, on behalf of the family, the Ajia Ogbonde clan expressed immense gratitude for the outpouring of love, prayers, and condolences received from across the country and beyond.

Describing the support as overwhelming, the family acknowledged the role played by those who participated in the Janaza rites at the National Mosque, Abuja, and those who made time to attend the 3rd Day and 7th Day Fidau prayers held in Abuja and Ilorin respectively, despite their tight schedules.

“We are truly grateful to everyone who stood in solidarity with us during this painful moment. Your presence, prayers, and words of comfort meant so much to us,” the statement read.

The family offered special thanks to His Royal Highness, the Emir of Ilorin, Mai-Martaba Sheikh (Dr.) Ibrahim Sulu-Gambari, CFR, for his fatherly support and spiritual leadership during the mourning period.

They also appreciated His Royal Highness, the Emir of Fune, Dr. Idris Saleh Uthman, for honouring the family through a powerful delegation led by the District Head of Cubana to the Abuja Fidau prayer.

The statement listed an array of dignitaries and high-profile personalities whose presence and messages of condolence brought great comfort to the bereaved family. These include former Senate Presidents Sen. Anyim Pius Anyim (GCON) and Dr. Abubakar Bukola Saraki, the Waziri of Ilorin, and former Inspector-General of Police IGP MD Abubakar (CFR).

Also acknowledged were former Kwara State Governor, HE Abdulfatah Ahmed, former Minister of Youth and Sports, Mallam Bolaji Abdullahi, former Minister of Power, Engr. Abubakar D. Aliyu, current Senator representing Kwara Central, Sen. Saliu Mustapha, Sen. Ibrahim Yahaya Oloriegbe, former DG of NEMA, Alhaji Sani Sidi, and Prof. Oba Abdulraheem, former Chairman of the Federal Character Commission.

The sitting Governor of Kwara State was represented by Alhaji Abdulrazak Jidda at the 7th Day Fidau prayer in Ilorin.

Other prominent individuals and community leaders recognized for their support include Alhaji Tajudeen Ibrahim Eleku, Alhaji Toyin Abubakar, Prof. Zanna Mohammed (Nile University), Alhaji Mohammed Bukar, Sarkin Sumaila Alhaji Bello Dansumaila, Engr. Musa Saidu, Engr. Ibrahim Usman, Engr. Kamaldeen Ubandawaki, Barr. Ismail Ahmed, Alhaji Mohammed Adamu Cimo, and executives of Saiha Network.

Particular gratitude was extended to the Council of Ulama of Kwara State, led by the Chief Imam of Ilorin, Sheikh Muhammad Bashir (CON), and the FCT Council of Ulama, including Sheikh Abdulkadir Oba Sholagberu, Sheikh Fuad Adeyemi, and Sheikh Sharafudeen Aliagan, for their spiritual guidance and physical presence during the mourning.

The family also commended members of the Nigeria Police Force, particularly Courses 21 and 36/2002, various youth groups, political party stakeholders from the PDP, APC, and a new coalition party, as well as War College Estate Muslim Community and Resident Association, members of the National Assembly, Federal Executive Council, and the business and academic communities.

Also mentioned among the sympathizers were Engr. Suleiman Yahaya Alapasanpa (Danmasani of Ilorin), Sarauniya of Ilorin, Hajia Muinat Shagaya, Hajiya Saadat Dogobauchi, Princess Aisha Bubaram (ED North, First Bank Plc), Hon. Muktar Aliyu Betara, Sen. Haliru Jika, Hon. Ibrahim Jimba Baba, Hon. Nalaraba, Hon. Kabir Tukura, Hon. Jaafar Mubi, Chairman of Sobi FM, Alhaji Lukman Mustapha, Hon. Ladi Hassan, Engr. Kale Kawu, Ambassador Abdulfatai Yahaya Seriki, Hon. Ahmed Yinka Aluko, Hon. Muktar Shagaya, Alhaji Sheriff Shagaya, Alhaji Hakeem Shagaya, former Kwara Assembly Speakers, Hon. Ali Ahmad and Hon. Razaq Atunwa, as well as the executives of IEDPU and IEYDPU.

“We are indeed overwhelmed by the outpouring of love and support during our moment of grief. The legacy of our beloved mother, Hajiya Maryam Mohammed Ajia, lives on in our hearts,” the family stated.

The Ajia Ogbonde family concluded the message by praying for Allah’s mercy upon the departed soul and asking for divine blessings upon all who shared in their pain.

“We pray that Almighty Allah grants our dear mother Aljannatul Firdaus and continues to unite us in peace and brotherhood. We shall forever remain grateful.”

Late Hajiya Maryam Mohammed Ajia was a revered matriarch known for her piety, wisdom, and compassion. Her life, the family said, remains an enduring source of inspiration and spiritual strength.

Continue Reading

News

Ododo Mourns Late Former President Muhammadu Buhari

Published

on

Share

From Joseph Amedu, Lokoja

Governor Ahmed Usman Ododo of Kogi State has expressed deep sorrow over the passing of Former President Muhammadu Buhari.

Ododo in a statement signed by the State Commissioner for Information and Communications, Kingsley Fanwo, described President Buhari’s passing as a monumental loss not only to Nigeria, but to the African continent, and indeed the world.

He described President Buhari as a leader of quiet strength, deep convictions, and a patriotic heart wholly committed to the unity, progress, and stability of Nigeria.

Ododo further described the death if the former president as “a moment of national grief and a reminder of the enduring legacy of discipline, integrity and sacrifice that President Buhari stood for.

“President Buhari was a man who came at different times in our national history to steer the ship of state with a deep sense of responsibility.

“He was not a man of many words, but one whose actions consistently reflected his belief in a better, safer, and more self-reliant Nigeria.”

“Kogi State will remember him for his commitment to critical infrastructure, national security, and his consistent stand against corruption.

“His efforts laid a solid foundation upon which successive administrations, including ours in Kogi, continue to build.

“We stand in solidarity with the Government and people of Katsina State, the family of the late statesman, and indeed all Nigerians, as we mourn a patriot who gave his all in service to the nation.

“May Allah (SWT) forgive his shortcomings and grant him Aljannah Firdaus.”

Continue Reading