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Remove VAT on diesel to curtail price hike, Manufacturers Association of Nigeria tells FG

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The Manufacturers Association of Nigeria (MAN) has asked the federal government to remove the value-added tax (VAT) on diesel as an instant stimulus for an immediate price reduction.

Segun Ajayi-Kadir, director-general, MAN, made the call in a statement issued on Saturday in Lagos.

The association also called on the federal government to avert the total shutdown of production operations, adding that industries were being converted to warehouses of imported goods and event centres.

“MAN is greatly concerned about the implications of the over 200 per cent increase in the price of diesel on the Nigerian economy and the manufacturing sector in particular,” the statement reads.

“More worrisome is the deafening silence from the public sector as regards the plight of manufacturers.

“As a matter of urgency, the government should address the challenge of repeated collapses of the national grid which is causing acute electricity shortage, especially for manufacturers.”

The group also urged the government to develop a response strategy to address challenges emanating from the armed conflict between Russia and Ukraine.

“In light of the gravity of the precarious situation that we have found ourselves as a nation and the looming dangers ahead, the expectations of manufacturers in Nigeria are as follows: that government should urgently allow manufacturers and independent petroleum products marketing companies to also import AGO (diesel) from the Republic of Niger and Chad by immediately opening up border posts in that axis to cushion the effect of the supply gap driven the high cost of AGO (Automotive Gas Oil),” it said.

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Three die in Lagos auto crash

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Three people have died in a multiple-vehicle crash at Second Rainbow Bus Stop, along the Oshodi-Apapa Expressway in Lagos.

The accident was allegedly caused after an oil tanker suffered brake failure.

The crash, which occurred around 6 pm, involved two commercial buses and a Honda car.

All the victims, who were passengers in one of the buses, died at the scene.

The Lagos state fire service and Lagos state ambulance service (LASAMBUS) were also present at the scene.

Olalekan Bakare-Oki, general-manager of LASTMA, expressed sympathy to the bereaved families.

He urged tanker drivers to “remain vigilant and cautious at all times,” stressing that “speed and safety must never be compromised.”

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LASTMA rescues driver trapped in Lagos highway crash

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Operatives of the Lagos State Traffic Management Authority have rescued a truck driver who was trapped in a life-threatening accident while driving along Mobolaji Johnson Avenue along Alausa in Ikeja.

This was disclosed in a statement made available to our correspondent by the Director, Public Affairs and Enlightenment Department of LASTMA, Adebayo Taofiq on Friday.

According to the statement, the driver whose truck was overloaded with nylon materials was involved in the ghastly accident and was rescued by LASTMA operatives who provided a swift response to the accident scene.

The statement reads, “In a harrowing accident earlier today, a truck loaded with nylon materials and bearing registration number USF 104XU was involved in a severe crash by Mobolaji Johnson Avenue along Alausa in Ikeja.

“The driver of the truck, who became trapped in the wreckage, sustained significant leg fractures during the incident.

“The prompt response of the Lagos State Traffic Management Authority (LASTMA) rescue team proved crucial in extricating the injured driver from the crushed cabin.”

The statement furthered that the victim was taken by the Lagos State Ambulance service to the nearest hospital for treatment.

It added, “After the successful rescue, LASTMA officials handed the driver over to Lagos State Ambulance Service (LASAMBUS), who transported him swiftly to a nearby hospital for urgent medical attention.

“Security personnel from the Alausa Police Station were on-site throughout the operation, ensuring a secure environment as the LASTMA team carried out their critical rescue work.”

The General Manager of LASTMA also expressed his sympathy to the injured driver. And while cautioning on the dangers of overloading he urged drivers to prioritize road safety and regulations.

“The General Manager of LASTMA expressed heartfelt sympathy for the injured driver and extended his best wishes for a full recovery.

“He also took the opportunity to reiterate the dangers of overloading, emphasizing that truck drivers must observe load limits to maintain vehicular control and facilitate safer turning on the roads.

“He urged all drivers to prioritize safety, adhere to regulations, and take proactive measures to prevent such accidents.” The statement concluded.

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NNPC boss Kyari loses 25-year-old daughter

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Fatima, the daughter of Mele Kyari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has died.

Fatima died on Friday at the age of 25.

Vice-President Kashim Shettima led other mourners to attend the funeral prayers for the deceased at the Annur mosque in Abuja, the country’s capital.

In a statement, Shettima commiserated with Kyari’s family over the loss.

“Vice President Kashim Shettima has condoled with the family of the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Malam Mele Kyari, over the loss of his daughter, Fatima Kyari,” the statement reads.

“Aged 25, the late Fatima passed away on Friday.

“VP Shettima, who prayed for the peaceful repose of the late Fatima, asked God to grant the family the strength to bear the painful exit of their daughter, who was in her prime.”

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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