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Ondo senator seeks lower tariffs on imported goods

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The Senator representing Ondo North and a member of the Senate Committee on Customs and Excise, Olajide Ipinsagba, has called for a reduction in the tariffs on imported goods due to the rising exchange rate of the naira against major international currencies.

Tariffs, also known as customs duties, are taxes imposed on goods and services that cross international borders, typically levied by the government of the importing country.

Ipinsagba highlighted the need for this adjustment because of the difficulties faced by clearing agencies at terminal ports and the impact on Nigerians.

During a public hearing held by the Senate Committee on the Nigeria Customs Service, the Senator voiced concerns about the hardships Nigerians are enduring, particularly in light of the fuel subsidy removal and the naira’s fluctuation.

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In a statement released by his media office in Abuja on Saturday, he emphasised the importance of the Nigeria Customs Service finding a middle ground to alleviate the consequences of high exchange rates on critical imported goods.

Ipinsagba argued that while the Customs may not control exchange rates, it should aim to balance the tariff percentages used in calculating customs duties to mitigate the economic strain on Nigerians.

He said, “We know that the NCS is not the cause of the high exchange rate. It was caused by the CBN policy. However, Nigerians are suffering and they are feeling the pain.

I think the Customs should strike a balance to cushion the effects by reviewing the tariff percentage.

“If we look at the fact that we are going to pay much as a result of the exchange rate, can’t we work something around the tariff percentage that we use in calculating the amount payable as import duty?”

He noted that the delay in processing Pre-Arrival Assessment Report, and alleged that the malfunctioning of Customs equipment coupled with humongous charges and penalties were creating further hardship for Nigerians

The senator said all the encumbrances in the processes were often reflected in the cost of the imported products and would invariably affect the end users.

He charged the Comptroller-General of the NCS, Adewale Adeniyi, and his team to help bring succour to Nigerians due to the untold hardship being experienced in the land.

It will be recalled that the Senate panel, last week, said it will review upward, of the N5.079tn 2024 revenue target of the NCS from the second half of the year.

The Committee argued that the decision was to save the country from further borrowings.

The panel’s chairman, Senator Isah Jibrin stated this at a meeting with the top management of the revenue agency.

Jibrin had said, “First of all, Nigeria is saddled with a lot of debt obligations and we need to wriggle ourselves out of that trap and one of the ways to do that is internally generated revenue.

“Customs is one of the major providers of internally generated revenue and as it is today, we expect them to play one of the major roles in this drive to reduce our debt burden.

“We need to pay off what we owe now and minimize additional loans we are going to take.

“Customs is in a very good position, if they can block all perceived leakages, they should be able to generate a significant amount of income that will enable Nigeria to get out of debt, at least partially.”

SOURCE: PUNCH NEWSPAPER


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Bayelsa Governor Douye Diri Resigns from PDP with 23 Assembly Members

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Bayelsa Governor Douye Diri Resigns from PDP with 23 Assembly Members

Bayelsa State Governor Douye Diri announced his resignation from the Peoples Democratic Party, PDP on Wednesday during a state executive council meeting in Yenagoa, accompanied by 23 members of the Bayelsa State House of Assembly, including Speaker Abraham Ngobere and Deputy Speaker Faithful Ebi.

His Chief Press Secretary, Daniel Alabrah, confirmed the move, attributing it to ‘obvious reasons’ without specifics, while Diri thanked PDP supporters and reaffirmed his dedication to Bayelsa’s progress.

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Today, I have formally resigned my membership from PDP for obvious reasons.” – Bayelsa State Governor, Douye Diri.

The defection ends the PDP’s control of the state since 1999 and hints at a potential shift to the All Progressives Congress before the 2027 elections.

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Davido Announces 5IVE Alive Tour in Five Cities in Nigeria

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Nigerian Afrobeats star Davido has revealed the Nigerian dates for his 5IVE Alive Tour, linked to his fifth studio album released in April 2025, following a successful North American run.

The tour kicks off on October 26 in Uyo, Akwa Ibom, and includes stops in Yola, Enugu, Ibadan, culminating on December 25 in Lagos.

Tickets are now available starting at ₦5,000 for most venues, with fans urged to purchase quickly amid high demand.


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Lagos Re-Arraigns Evans For Alleged Murder Of Two Policemen

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The Lagos State Government has re-arraigned convicted billionaire kidnapper, Chukwudumeme Onwuamadike, popularly known as Evans, on a fresh murder charge involving the deaths of two police officers.

Evans and his co-defendant, Joseph Emeka, were re-arraigned before Justice Oyindamola Ogala on a five-count charge bordering on murder, attempted murder, and conspiracy to commit kidnapping.

The case was transferred from Justice Adenike Coker, and according to the charge, Evans and his co-defendant allegedly killed two policemen, Peter Nweke and Chijioke Ngozi, on August 27, 2013, around 10 p.m. at Festac Town, Lagos.

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The offences violate Section 221 of the Lagos Criminal Law, 2011.

At the proceedings, State Prosecutor A. O. Azeez confirmed the transfer of the case and requested a fresh arraignment despite Evans’ earlier plea bargain applications before the former judge.

Both defendants pleaded not guilty to the five-count amended charge.

The court adjourned the matter to November 19, 2025, for hearing and issuance of witness summons.

Evans has already been convicted before another court and is currently serving sentences for two of his five criminal cases.

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‘Taking Nigeria’s Situation to God’ Peter Obi’s Message After Visit to Rome

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After his visit to Rome, Peter Obi the former presidential Candidate of the Labour party in 2023 general election write what he did while in Rome.

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My Visit to the USA, Rome: Taking Nigeria’s Situation to God.

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After my 2-day trip to the United States – where I addressed the Friendship Club on Saturday, 4 October, and spoke at the 1st Ubuntu African Youth Assembly in Washington on Sunday, 5 October – I departed that same night for Rome, arriving on 6th October to join my dearest wife, who was already in Rome waiting for me.

This year marks a Jubilee Year, an event celebrated every twenty-five years, and my dearest wife and I chose to dedicate our prayers to Nigeria. With hearts full of gratitude, we thanked God that, despite our differences and the many challenges faced over sixty-five years of independence, He has kept us together as one nation – a rare and profound blessing for which we remain deeply thankful.

We also sought forgiveness for our national transgressions and implored God to intervene in the suffering of the Nigerian people. We prayed for the injection into our political landscape selfless and compassionate leaders whose hearts He God would touch—leaders who would be truthful in word and deed, altruistic in service, and committed to using public resources for the common good. Leaders whose decisions would reflect competence, capacity, character,  and commitment to the welfare of all. Leaders who understand that they were not created to live in isolation but in community with others, and must ensure that actions are for the benefit of the community.

On Tuesday, the 7th of October, as part of our pilgrimage, we passed through three Holy Doors of the four major Papal Basilicas in Rome, praying at each that God would open the door of His mercy to Nigeria. At St. Mary Major, we prayed, passed through the Holy Door, and reflected at the grave of the late Pope Francis. From there, we journeyed to the Papal Basilica of Saint Paul Outside the Walls, where Cardinal James Harvey warmly received us, led us through the Holy Door, and shared the basilica’s rich history and the deep significance of the Jubilee Year. Our third stop was the Papal Basilica of St. John Lateran, dedicated to Saints John the Baptist and John the Evangelist, where, together with other pilgrims, we passed through the Holy Door and joined in prayer. We then proceeded to the Scala Sancta – the Holy Steps which Jesus ascended before Pontius Pilate – where we prayed with profound reverence, completing a day of deep spiritual reflection at some of Rome’s most sacred sites.

On Wednesday the 8th of October, we rose early for the Papal General Audience at St. Peter’s Basilica, where we were blessed to hear the Catechesis of His Holiness on hope, perseverance, and steadfast faith in times of hardship. Afterwards, we passed through the final Holy Door at St. Peter’s Basilica, praying and reflecting deeply on God’s mercy, thus completing our pilgrimage through the four doors with hearts filled with gratitude and renewed faith.

At St. Peter’s, we were privileged to be received in audience by His Holiness, Pope Leo XIV @Pontifex, to whom we humbly appealed for prayers for our beloved country, Nigeria.

Along the way, we met several Nigerian pilgrims: men and women of faith whose faces shone with quiet hope. Together, we renewed our trust in God’s divine mercy and in the promise of a renewed and better Nigeria.

I believe fervently in the power and providence of God. Yet, as we lift our nation before Him in prayer, we must not surrender to fatalism. Faith does not absolve us of responsibility; rather, it calls us to action. As Nigerians, we must each continue to do our part – with honesty, diligence, and love – for the healing and progress of our country.

A new Nigeria is POssible. -PO

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VIDEO: Lagos Govt demolishes Ola of Lagos showroom

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The Lagos state government has demolished the car showroom owned by popular auto dealer and influencer, Olaoluwa Osunkoya, widely known as Ola of Lagos.

The demolition took place in Lekki after authorities found that the structure was built directly beneath 33kV high-tension power lines, a violation of safety regulations.


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