• Latest
  • Trending
  • All
  • News
  • Politics

BREAKING: House Of Representatives Completely Rejects Motion To Suspend The Implementation Of The 7.5 Percent Value Added Tax

June 2, 2020
Igbo Lady working in Central Bank of Ireland wins the highest award in the bank’s history (photos)

Igbo Lady working in Central Bank of Ireland wins the highest award in the bank’s history (photos)

March 5, 2021
‘Repentant’ Boko Haram Members Return To Terrorist Group After Spying On Communities — Gov Zulum

‘Repentant’ Boko Haram Members Return To Terrorist Group After Spying On Communities — Gov Zulum

March 5, 2021
Nigerian Army Are Tracking IPOB Member’s Houses Through Apps Such as Whatsapp ‘Delete It’ – Nnamdi Kanu’s secretary Advices Biafrans

Nigerian Army Are Tracking IPOB Member’s Houses Through Apps Such as Whatsapp ‘Delete It’ – Nnamdi Kanu’s secretary Advices Biafrans

March 5, 2021
Nigerian Soldier Tortures A 10-year-old Boy To Death For Plucking Mangoes In Barracks

Nigerian Soldier Tortures A 10-year-old Boy To Death For Plucking Mangoes In Barracks

March 5, 2021
Biafrans How Prepared Are You If War Starts Now? (Review)

Biafrans How Prepared Are You If War Starts Now? (Review)

March 5, 2021
Just In: Bandits storms military base at Katsina, kiIIs many soldiers

Just In: Bandits storms military base at Katsina, kiIIs many soldiers

March 5, 2021
Just In: Fire outbreak at Onitsha plastic market

Just In: Fire outbreak at Onitsha plastic market

March 5, 2021
Nigerian Army Denies Running Away From Boko Haram, Explains What Really Happened

Nigerian Army Denies Running Away From Boko Haram, Explains What Really Happened

March 5, 2021
Nigeria has No president, Buhari is No Longer with us – Dino Melaye spits Fire (video)

Nigeria has No president, Buhari is No Longer with us – Dino Melaye spits Fire (video)

March 5, 2021
Bloody Betrayal, As Afenifere Says They Do Not Have Time To Help Bola Tinubu In His EFCC Probe, Because He Failed To Defend The Yorubas In Time Of Need

Bloody Betrayal, As Afenifere Says They Do Not Have Time To Help Bola Tinubu In His EFCC Probe, Because He Failed To Defend The Yorubas In Time Of Need

March 5, 2021
Buhari Must Go Protest: Nigerian Youths Ignore FG Threats, Stage Heavy Protest With Inscribed Buhari’s Coffee, Demanding His Resignation

Buhari Must Go Protest: Nigerian Youths Ignore FG Threats, Stage Heavy Protest With Inscribed Buhari’s Coffee, Demanding His Resignation

March 4, 2021
Bandits Strikes Again, Kidnaps Over 60 People At Tofa Village, Zamfara

Bandits Strikes Again, Kidnaps Over 60 People At Tofa Village, Zamfara

March 4, 2021
  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact
Friday, March 5, 2021
Dailyexcessive
  • Home
  • Gossip
  • News
  • Entertainment
  • News
    • All
    • Politics
    Igbo Lady working in Central Bank of Ireland wins the highest award in the bank’s history (photos)

    Igbo Lady working in Central Bank of Ireland wins the highest award in the bank’s history (photos)

    ‘Repentant’ Boko Haram Members Return To Terrorist Group After Spying On Communities — Gov Zulum

    ‘Repentant’ Boko Haram Members Return To Terrorist Group After Spying On Communities — Gov Zulum

    Nigerian Army Are Tracking IPOB Member’s Houses Through Apps Such as Whatsapp ‘Delete It’ – Nnamdi Kanu’s secretary Advices Biafrans

    Nigerian Army Are Tracking IPOB Member’s Houses Through Apps Such as Whatsapp ‘Delete It’ – Nnamdi Kanu’s secretary Advices Biafrans

    Nigerian Soldier Tortures A 10-year-old Boy To Death For Plucking Mangoes In Barracks

    Nigerian Soldier Tortures A 10-year-old Boy To Death For Plucking Mangoes In Barracks

    Biafrans How Prepared Are You If War Starts Now? (Review)

    Biafrans How Prepared Are You If War Starts Now? (Review)

    Just In: Bandits storms military base at Katsina, kiIIs many soldiers

    Just In: Bandits storms military base at Katsina, kiIIs many soldiers

    Just In: Fire outbreak at Onitsha plastic market

    Just In: Fire outbreak at Onitsha plastic market

    Nigerian Army Denies Running Away From Boko Haram, Explains What Really Happened

    Nigerian Army Denies Running Away From Boko Haram, Explains What Really Happened

    Nigeria has No president, Buhari is No Longer with us – Dino Melaye spits Fire (video)

    Nigeria has No president, Buhari is No Longer with us – Dino Melaye spits Fire (video)

    Bloody Betrayal, As Afenifere Says They Do Not Have Time To Help Bola Tinubu In His EFCC Probe, Because He Failed To Defend The Yorubas In Time Of Need

    Bloody Betrayal, As Afenifere Says They Do Not Have Time To Help Bola Tinubu In His EFCC Probe, Because He Failed To Defend The Yorubas In Time Of Need

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Sports
No Result
View All Result
Dailyexcessive
No Result
View All Result
Home News

BREAKING: House Of Representatives Completely Rejects Motion To Suspend The Implementation Of The 7.5 Percent Value Added Tax

by peter
June 2, 2020
in News
0
540
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The House of Representatives, has on Tuesday, rejected a motion seeking to suspend the implementation of the 7.5 percent Value Added Tax, VAT, Act in the interest of Nigerians, owing to impacts of the Covid-19 pandemic.

In rejecting the motion, the Lawmakers said that since the 2.5 percent increase in VAT is already an Act of the National Assembly, which has been signed into law, it cannot be suspended by a motion.

The Chairman of the House Committee on Finance, James Faleke, had objected to the motion being moved, and drew attention of the House, to the fact that since the issue contained in the motion affects an existing law, it will be out of place to suspend it with just a motion.

The Speaker of the House of Reps., Femi Gbajabiamila, who agreed with Faleke, said that the issue contained in the motion has a commencement date, which can only be altered through a formal amendment bill.

More later…

Share238Tweet126Share50
peter

peter

Leave a Reply Cancel reply

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

  • Trending
  • Comments
  • Latest

Meet The RCCG Pastor Who Has 6 PhD, 4 Masters And 4 First Degrees

May 19, 2020

Let me make it clear, God Created Northerners with Cow brain, we all reason like cows including me — Sultan Abubakar

February 13, 2020

Cell Phones Retrieved From Killed Terrorists Reveals They Are In Contact With With Nigerian Army And Police

April 26, 2020

KogiDecides: Vote buying ongoing in certain areas – Report

6

Why El-Rufai’s committee report on true federalism will split Nigeria – Lawmaker

6

Igbos should not be allowed to rule because they will declare Biafra and Nigeria will crumble – Tunde Ednut

3
Igbo Lady working in Central Bank of Ireland wins the highest award in the bank’s history (photos)

Igbo Lady working in Central Bank of Ireland wins the highest award in the bank’s history (photos)

March 5, 2021
‘Repentant’ Boko Haram Members Return To Terrorist Group After Spying On Communities — Gov Zulum

‘Repentant’ Boko Haram Members Return To Terrorist Group After Spying On Communities — Gov Zulum

March 5, 2021
Nigerian Army Are Tracking IPOB Member’s Houses Through Apps Such as Whatsapp ‘Delete It’ – Nnamdi Kanu’s secretary Advices Biafrans

Nigerian Army Are Tracking IPOB Member’s Houses Through Apps Such as Whatsapp ‘Delete It’ – Nnamdi Kanu’s secretary Advices Biafrans

March 5, 2021
Dailyexcessive

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Navigate Site

  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Gossip
  • News
    • Politics
  • News
  • Entertainment
  • Educative
  • Entertainment
    • Gaming
    • Sports
  • Sports
  • Advertisement

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In