The Federal Inland Revenue Service (FIRS) has stated that it has commenced the deduction of taxes at transaction points from Online Gaming Transactions using the Sentinal National Payment Gateway and Electronic Solution.
In a Public Notice signed by its Executive Chairman, Muhammad Nami, the Service while directing full compliance by the online gaming community, explained that the Sentinal National Payment Gateway was a transaction processing system that enables Integrated Payment Services Providers to deduct taxes at the points of transaction and immediately remit the tax deducted to the government’s treasury.
“The FIRS is automating the administration of tax on online gaming using Sentinal National Payment Gateway and Electronic Solution.
“Sentinal National Payment Gateway is a transaction processing system that enables Integrated Payment Service Providers to deduct taxes at transaction-points and remit the tax deducted directly to government’s treasury.
“The deployment of Sentinal National Payment Gateway will simplify tax compliance for companies engaged in online gaming activities,” the notice read.
The FIRS also noted that all operators offering online gaming services in Nigeria, not later than the 31st of December 2022, were required “to connect to the Sentinal National Payment Gateway, deduct tax from online gaming transactions and remit same directly to the relevant government’s treasury.” The Notice stated that though it was not mandatory for online gaming operators offering online gaming services from outside Nigeria to be incorporated in Nigeria, they are compelled by extant tax laws to connect to the Sentinal National Payment Gateway for the purposes of dedicating tax from the gaming transactions of players in Nigeria, and remitting same directly to the government purse.
Mr. Muhammad Nami, Executive Chairman of the FIRS, commenting on this approach to tax collection at the point of transaction stated that the country needed to innovate and harness technology for improved revenue generation from e-commerce as well as for accountability.
“The world is entering a challenging time where there is a strong obligation on Governments to increase tax revenue as a percentage of GDP so as to provide much needed funding for local infrastructure and public services. Nigeria needs to innovate and harness technology to ensure that online transactions are taxed and accounted for.
“We have been very impressed with the Sentinal platform which allows us to not only collect tax revenues at source, but also provides us with tax reporting and monitoring tools in real time,” Mr Nami stated, “The system will also integrate with our own TaxPro Max portal.”
In his comments at a meeting with the tax authority head, the Director General of the National Lottery Regulatory Commission of Nigeria, Mr. Lanre Gbajabiamila commended the adoption of this innovation, describing it as a “huge step” for taxation of the gaming industry.
“Online gaming continues to grow rapidly in Nigeria, particularly on mobile, and the adoption of E-technologies’ Sentinal National Payment Gateway is a huge step for us to allow us to capture gaming duty at source.
“We are welcoming all responsible offshore gaming operators to apply for a Remote Operator Permit as long as they pass all the relevant criteria including full AML screening and responsible gaming practices. We are proud to be the first country to adopt the Sentinal System and we believe it will bring a real national benefit to Nigeria,” Mr. Gbajabiamila noted.
David Kicks, the CEO of the E-Technologies Global Limited, the proprietors of the Sentinal National Payment Gateway expressed excitement over the adoption of the system by the Service.
“Governments in rapidly developing nations are struggling to keep pace with the evolution of eCommerce and the ascent of mobile transactions.
“We are thrilled that the Nigerian Government has made the decision to integrate our Sentinal System, which empowers them to streamline online taxation. By understanding better how the payments ecosystem behaves and evolves, we can drive a paradigm shift towards a point of consumption tax methodology,” he said.
The U.S. Department of Justice has charged two Nigerians, Christopher Falade, 62, and his son, Emmanuel Falade, 32, alongside six others, for their alleged roles in a $2.2 million housing stabilization fraud scheme in Minnesota.
The indictment, announced Thursday, according to PEOPLES GAZETTE accuses the defendants of defrauding the Housing Stabilization Services (HSS) Programme by inflating reimbursement claims and diverting funds meant to support vulnerable residents.
According to prosecutors, the Falades operated Faladcare Inc., a registered HSS provider tasked with offering housing consulting, transition, and support services. Instead, they allegedly created fraudulent claims for about 100 beneficiaries, siphoning program payments far above the value of services delivered.
“Over the course of years, the Falades and their conspirators created and submitted Program reimbursement claims that were inflated and fraudulent,” the DoJ stated. “By doing so, Faladcare received Program payments far exceeding the HSS services they had actually provided.”
Investigators allege that much of the fraud proceeds were distributed among their co-conspirators and Faladcare employees.
Others charged in the case include Moktar Hassan Aden (30), Mustafa Dayib Ali (29), Khalid Ahmed Dayib (26), Abdifitah Mohamud Mohamed (27), Asad Ahmed Adow (26), and Anwar Ahmed Adow (25).
Acting U.S. Attorney Joseph H. Thompson described the charges as “the first wave” in an ongoing probe into widespread fraud draining Minnesota’s social programs.
“It feels never ending,” Mr Thompson said. “I have spent my career as a fraud prosecutor, and the depth of the fraud in Minnesota takes my breath away. The fraud must be stopped.”
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has strongly criticized activist and politician Omoyele Sowore for labeling President Bola Tinubu a “criminal.”
Speaking on Thursday during the flag-off of the construction of Arterial Road N1 from Wuye District to Ring Road II, Abuja, Wike said Sowore was “lucky” that Tinubu respects the rule of law, warning that not all leaders would tolerate such remarks.
“You Are Lucky,” Wike Tells Sowore
According to Wike:
“This is a country where somebody will go on social media and say Mr. President is a criminal and nothing will happen.
No matter how you see people criticize Trump, have you ever seen any Nigerian citizen on social media or in public say our president is a criminal? Have you ever heard that?
You are lucky you have a president that believes in the rule of law.
You are lucky, continue to be lucky because there are those you will meet and you won’t be lucky again.”
The minister argued that the ability of citizens to openly criticize Tinubu demonstrates the level of freedom in Nigeria compared to other countries, including the United States.
His comments come amid growing political tensions, with Sowore and other critics frequently attacking the administration over governance, economy, and democracy.
Shoprite shuts down outlets in Ibadan and Ilorin as shelves go empty in Lagos and Abuja. Nigerians react to the retail giant’s struggles amid inflation and rising competition.
Shoprite’s Struggles in Nigeria Deepen
Shoprite’s operations in Nigeria appear to be in crisis, four years after the South African retail giant exited the supermarket business.
Reports by Daily Trust confirm that outlets in Ibadan and Ilorin have closed, while stores still operating in Lagos, Abuja, and other major cities now have largely empty shelves.
From Expansion to Decline
Since opening its first Nigerian outlet in Lagos in 2005, Shoprite became a household name, growing into more than 25 stores across eight states and the Federal Capital Territory. At its peak, the chain directly employed over 2,000 workers and supported hundreds of local suppliers, particularly farmers.
But rising inflation, supply chain disruptions, and growing competition from local supermarkets have steadily weakened its dominance, pushing the brand into financial distress.
In 2021, Shoprite Holdings Limited sold its Nigerian business to local investors after retreating from several African markets including Ghana, Kenya, and Uganda—citing harsh operating conditions.
Nigerians React on Social Media
The closures have sparked a wave of reactions across social media, where Nigerians expressed a mix of nostalgia, disappointment, and calls for stronger homegrown supermarket chains.
On X (formerly Twitter), hashtags such as #ShopriteNigeria, #ShopriteClosure, and #NigerianRetail began trending:
“Shoprite shutting down is an end of an era. That place was our mini mall culture in the 2000s.” – @lagos_girl
“This should be a wake-up call. We need to support Nigerian-owned supermarkets like Justrite, Hubmart, and Ebeano.” – @naija_economist
“No more weekend hangouts at Shoprite. Sad, but not surprising with the way inflation is going.” – @femiwrites
“Shoprite was not just a supermarket, it was a social spot. I met my wife there in 2012. This hits different.” – @deji_lagos
“If Shoprite can’t survive here, it tells you everything about Nigeria’s business environment.” – @uchechukwu_onyi
What’s Next for Retail in Nigeria?
While many lament the decline of Shoprite, others see opportunity for local supermarkets to step into the gap. Brands like Justrite, Hubmart, Ebeano, and Spar could potentially take advantage of the vacuum.
With Shoprite’s uncertain future, the question remains: will Nigeria’s supermarket culture fade with its departure—or will indigenous brands reinvent it?
The Rivers State House of Assembly on Thursday reconvened for plenary, marking its first session since the expiration of the six-month state of emergency imposed by President Bola Tinubu.
The sitting, presided over by Speaker Martins Amaewhule, held at the legislative quarters in Port Harcourt, comes just a day after Tinubu lifted emergency rule at midnight on September 17.
The emergency had been declared on March 18, 2025, following a constitutional impasse between Governor Siminalayi Fubara and the Assembly that crippled governance.
Before resumption, the outgone state administrator, Ibok-Ete Ibas, officially handed over to Governor Fubara and, in his farewell address, urged Rivers people to support the reinstated governor.
At Thursday’s plenary, the House passed two key resolutions: calling on Governor Fubara to immediately forward a list of Commissioner-nominees for screening and confirmation, and urging him to initiate the process of drafting an Appropriation Law for the remainder of the year.
Speaker Amaewhule stressed that these steps are vital for stabilising governance and ensuring effective service delivery. Lawmakers say the resolutions are aimed at normalising the state’s administration and addressing urgent citizen needs after months of political turbulence.
Meanwhile, former Vice President Atiku Abubakar criticised the suspension and reinstatement of Governor Fubara and the Assembly, describing Tinubu’s actions as “unconstitutional, illegal, and a clear sign of dictatorship.”
Governor Fubara is yet to respond publicly to the House’s resolutions.
Refinery insists it will not absorb logistics costs as marketers push for annual discount; warns subsidy practices defrauded Nigeria for years.
Dangote Refinery has dismissed claims by the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), insisting that it will not bow to pressure to fund a subsidy of more than ₦1.5 trillion annually.
In a statement issued yesterday, the refinery said the controversy with DAPPMAN stems from marketers’ demand for an annual subsidy of ₦1.505 trillion to cover coastal freight, Nigerian Maritime Administration and Safety Agency (NIMASA) charges, Nigerian Ports Authority (NPA) fees, and pumping costs. This, according to Dangote, would translate to an additional ₦75 per litre on petrol and diesel, which the marketers expect the refinery to absorb.
“We will not increase our gantry price to accommodate such demands, nor are we willing to pay a subsidy of over ₦1.5 trillion — a practice that historically defrauded the Federal Government,” the company said. “Marketers are free to lift products directly at our gantry and benefit from our logistics-free initiative.”
The refinery disclosed that it maintains a monthly closing stock of 500 million litres, adding that between June and September it exported 3.2 million metric tonnes of refined products. Over the same period, it alleged, marketers imported 3.6 million metric tonnes, describing the imports as “dumping” that undermines the economy and welfare of Nigerians.
Dangote Petroleum Refinery reaffirmed its support for President Bola Ahmed Tinubu’s reforms, noting that its operations are helping to stabilise the naira, cushion the effect of subsidy removal, strengthen Nigeria’s refining capacity, boost foreign exchange earnings, and create jobs.
The company stressed that it enjoys a strong working relationship with government agencies but will not hesitate to hold institutions accountable where necessary.