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JUST IN: President Bola Tinubu suspends import duties, VAT on medical supplies

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President Bola Tinubu has signed an executive order to suspend import duties and value-added tax on essential medical supplies imported into the country....Click Here To Continue Reading>>

This is aimed at easing the high cost of locally producing pharmaceuticals, diagnostics, and medical devices such as needles and syringes, and biological among others.

Muhammad Ali Pate, minister of Health and Social Welfare announced the development on Friday, saying the Minister of Justice and Attorney General of the Federation is expected to take necessary action towards codifying the new order.

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“The order is pivotal to the success of the Initiative for Unlocking the Health Care Value Chain which was approved in October 2023 by the President,” Pate stated.

“The order introduces zero tariffs, excise duties and VAT on specified machinery, equipment and raw materials, aiming to reduce production costs and enhance our local manufacturers’ competitiveness.”

According to the minister, specified items include active pharmaceutical ingredients (APIs), excipients, and other essential raw materials required for manufacturing of crucial health products like drugs, syringes and needles, long-lasting insecticidal nets and rapid diagnostic kits, among others.

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The order also provides for establishing market shaping mechanisms such as framework contracts and volume guarantees, to encourage local manufacturers, the minister noted.
In addition, Pate stated that the order mandates collaboration between the ministers of Health, Finance and Industry, Trade and Investment to develop a harmonized implementation framework, expediting regulatory approvals and reducing bottlenecks.

Also agencies including the Nigeria Customs Service, National Agency for Food and Drug Administration and Control, Standards Organisation of Nigeria, Federal Inland Revenue Service will be tasked to ensure swift implementation, with special waivers and exemptions effective for two years.

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“The implication of this order is pivot towards market-based incentives to encourage medical industrialization, reducing costs of medical products through import substitution over time, creating and retaining economic value and enabling job creation in the healthcare value chain,” Pate said. ...Click Here To Continue Reading>>

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JUST IN: PDP Loses Out Again as Former National Organising Secretary, Others Defect To APC

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A former National Organising Secretary of the Peoples Democratic Party (PDP), Abubakar Mustapha, has resigned from the party and joined the ruling All Progressives Congress (APC)....Click Here To Continue Reading>>

Mustapha, a former Head of the Civil Service in Kaduna, submitted his resignation letter to the Gubuchi ward chairman in Makarfi Local Government Area on July 15th, 2024.

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Mustapha cited personal reasons for his decision.

He expressed gratitude to the PDP for the opportunities he had to serve in various capacities during his time with the party.

A five-time Commissioner in Kaduna State, Rabi’u Bako, and a former Permanent Secretary, Suleiman Sambo, also resigned from the PDP.

Bako, in his resignation letter dated July 19th, 2024, criticized the PDP leadership in the state for lacking focus and integrity. Meanwhile, Sambo, in his letter dated July 15th, 2024, also cited personal reasons for his resignation.

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Finally, Donald Trump Breaks Silence As Biden Quits Presidential Race

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In a phone call with CNN minutes after President Joe Biden announced his exit from the 2024 race, Donald Trump described Biden going “down as the single worst president by far in the history of our country.”...Click Here To Continue Reading>>

While it’s unclear who the Democratic nominee will be, Trump said he thinks Vice President Kamala Harris will be easier to defeat than Biden would have been.

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Recall President Joe Biden this evening, announced he will not seek reelection amid continued pressure following a disastrous debate performance last month that left many in his party questioning whether he should continue to..…Read More ...Click Here To Continue Reading>>

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BREAKING: Joe Biden explains reason for withdrawal from US presidential election

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US 46th President, Joe Biden, has explained that it is in the best interest of his party and his country for him to withdraw from the November 4 presidential election....Click Here To Continue Reading>>

He noted that he will focus solely on fulfilling his duties as president for the remainder of his term.

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DAILY POST reports that Biden announced his withdrawal from the race for a second term in the coming election on Sunday.

He said: “It has been the greatest honor of my life to serve as your President. While I have intended to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and focus solely on fulfilling my duties as President for the remainder of my term.”

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His decision to step down as the Democratic Party candidate to run against former President Donald Trump comes amid heightened calls by Democrats, including former Speaker of the House of Representatives, Nancy Pelosi.

Full speech:..….Read More ...Click Here To Continue Reading>>

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Mahdi Shehu – Accusing Obi And Obidients Of Funding Upcoming Protest Is Dangerous And Disingenuous

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According to Mahdi Shehu, a political commentator from Nigeria, it is dishonest and risky to accuse Peter Obi and his associates of supporting and instigating the upcoming hunger strike. Obi was the governor of Anambra state....Click Here To Continue Reading>>

The announcement was made on Sunday by Mahdi Shehu via his official X handle. The former governor of Anambra state should be detained for the planned demonstration, according to Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy.

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This is followed by his comments. According to.…Read More

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JUST IN: Biden endorses Kamala Harris for President

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President Joe Biden has endorsed Kamala Harris as his preferred presidential nominee for his party....Click Here To Continue Reading>>

Biden announced on his official X page on Sunday, shortly afte..….Read More

...Click Here To Continue Reading>>

READ ALSO  JUST IN: Ndume Breaks Silence After Being Sacked for Criticizing Tinubu
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BREAKING: Joe Biden Drops Out Of US Presidential Race

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The United States President, Joe Biden has announced his withdrawal from the upcoming November Presidential election.

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Restore Anchor Borrowers’ Programme – Dangote advises Nigerian govt

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The chairman of the Dangote Group, Aliko Dangote, has urged the federal government to bring back the Anchors Borrowers’ Programme, which gulped N1.1 trillion before its suspension in 2022....Click Here To Continue Reading>>

Dangote disclosed this on Saturday while on a tour with the leadership of the House Representatives, led by the Speaker, Tajudeen Abbass, at his fertiliser plant.

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According to him, farmers need the programme to upscale their businesses.

“Farmers don’t have mo.….Read More

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Exclusive: Fubara Secures Court Order Against Amaewhule-led House Of Assembly

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The High Court in Port Harcourt, Rivers State, has prolonged an interim order originally issued on July 8. This order prevents the Chief Judge and the Clerk of the Rivers State House of Assembly from engaging with the House of Assembly led by Martins Amaewhule....Click Here To Continue Reading>>

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According to report from the nation, Governor Siminialayi Fubara, aiming to thwart any impeachment attempts by the Amaewhule-led Assembly, obtained the interim order through a lawsuit filed with the Attorney-General of Rivers State against Amaewhule and 26 other lawmakers. The lawsuit also names lawmakers led by Victor Oko-Jumbo, the Chief Judge, the Clerk of the Rivers State House of Assembly, and the Peoples Democratic Party (PDP) as defendants.

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Presiding over the…Read More

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JUST IN: PDP fixes July 27 for LG congress in Jigawa

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The People Democratic Party (PDP), has fixed 27th July, 2024 for the conduct of local government congress in Jigawa State....Click Here To Continue Reading>>

Jigawa State PDP chairman, Ali Diginsa disclosed this in a statement issued to DAILY POST on Sunday.

He declared that the party is intact and is fully prepared for local government congress scheduled for 27 July 2024.

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According to him, “After renewing the membership registration across the 287 political wards, the party held stakeholder meetings at all levels to prepare for the Congress.…Read More ...Click Here To Continue Reading>>

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When An Igbo Man Is In Power, They Will Say You Remember The Civil War – Fasoye

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In a recent interview with Channels Television, Ayodele Fayose, the former Governor of Ekiti State, highlighted the deep-seated ethnic and religious divisions that continue to plague Nigerian politics. Speaking candidly, Fayose expressed his concerns about how different ethnic groups react to political leadership in the country, pointing out the pervasive mistrust and suspicion that hinders national unity and development....Click Here To Continue Reading>>

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Fayose articulated his observations with a poignant analysis: “When an Hausa man is in power, they’ll say this is against the North. They’ll say they’re targeting Muslims. They’re targeting Fulanis. When a Yoruba man is there, they’ll say this is our turn, Oduduwa will not allow this. If an Igbo man is there, they’ll say you remember the Civil War, they want to carry Nigeria away.” His remarks underscore the complex and often contentious interplay of ethnic and regional loyalties in Nigeria’s political landscape.
The former governor’s comments come at a time when Nigeria is grappling with numerous challenges, including economic instability, insecurity, and social unrest.

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In his interview, Fayose called for greater national unity and urged political leaders to rise above ethnic and religious divisions. “Our country is plagued by so many problems,” he said, emphasizing the need for collective efforts to build a more inclusive and cohesive nation ...Click Here To Continue Reading>>

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