News
Nigerians To Pay Taxes For Using Facebook, Twitter, Snapchat, Others
Nigerians using any of twitter, Facebook, Google, Skype, Netflix and other companies will now pay tax for service rendered.
This was confirmed in a mail sent to customers by one of the affected companies, Skype, on Thursday.
The tax is directly to Nigerians who use the platform as a means to market, sell their products and also those who use subscription services.
With the new regulation, Nigerians will now pay a value added tax (VAT) at the applicable rate of 7.5 percent.
The new tax regime is in pursuant of the Companies Income Tax (Significant Economic Presence) Order, introduced in 2020 as an amendment of the Finance Act 2019.
The document imposes tax on any “foreign entity with respect to certain services or digital transactions tax foreign digital service providers offering services to Nigerians and earning revenue in naira.
The email to Skype customers seen by Ripples Nigeria reads:
“Due to recent changes to Nigerian tax requirements, from 1st July 2021, Skype is required to include a 7.5% Value Added Tax (VAT) on purchases of Skype paid products for Nigerian customers.
“How does this impact the allocation of Skype subscriptions?
“If you have a recurring billing subscription, including a Skype Number subscription, payments after 1st July 2021 will include the new VAT rate of 7.5%.
“Example of how the price of product will change with a VAT rate of 7.5%:
1. Before 1st July 2021, a subscription costs USD 2.99 (no VAT is
charged).
2. After 1st July 2021, the same subscription will cost USD 3.21
(inclusive of applicable Nigerian VAT of 7.5%).
“If you do not agree with this change, you must cancel your subscription before 1st July 2021 by signing into your account.
“Does this impact the cost of Pay As You Go (PAYG) rates?
“Yes. From 1st July 2021, PAYG calling rates will include a VAT rate.
News
Tinubu condoles with NNPCL boss over daughter’s death
President Bola Tinubu has condoled the death of his daughter with the Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company Limited (NNPCL), Mr Kolo Mele Kyari.
Kyari’s daughter, Fatima died Friday at the age of 25 after protracted illness.
The President sympathised with Kyari and the rest of the family on the irreparable and painful loss.
He prayed for the repose of the soul of Fatima and urged the Kyari family to stay strong at these trying times
News
Lagos sacks six LASTMA officials over misconduct
The Lagos State Traffic Management Authority (LASTMA) has dismissed six of its officials based on the directive from the Lagos State Civil Service Commission (CSC).
This follows the recommendations of the Personnel Management Board, which flagged the officers for serious misconduct and inefficiency.
The disciplinary actions were officially communicated to the affected officials at LASTMA’s headquarters in Oshodi, Lagos.
In a statement issued by Adebayo Taofiq, Director of Public Affairs and Enlightenment, LASTMA’s General Manager, Olalekan Bakare-Oki, confirmed that the Civil Service Commission had approved the board’s recommendations.
He emphasised that the disciplinary measures were in strict accordance with the Lagos State Civil Service Rules and Regulations.
Bakare-Oki reassured the public that LASTMA is committed to improving its operations and urged Lagos residents to report both commendable acts and cases of misconduct by LASTMA officials, providing necessary evidence.
“This exercise is part of our ongoing efforts to rid the agency of errant officers. Another Personnel Management Board meeting will soon be held to review additional cases,” he said.
He also called on road users in Lagos to adhere to traffic laws, reminding them that violations would lead to penalties, including fines imposed by the Lagos Mobile Courts.
Highlighting the importance of compliance, Bakare-Oki noted that following traffic regulations is key to achieving Governor Babajide Sanwo-Olu’s “Greater Lagos” vision, with traffic management being a core pillar of the THEMES Plus Development Agenda.
Mmebers of the public were encouraged to report complaints through LASTMA’s toll-free hotline (080000527862) or the Walk-In Complaint Centre at their Oshodi headquarters.
Bakare-Oki reassured citizens that LASTMA is committed to addressing all complaints impartially while protecting the civil rights of motorists across the state.
News
Zulum opens houses for teachers in Buratai Secondary School in Tum
Borno State Governor, Babagana Umara Zulum, on Thursday night, commissioned two projects constructed by his administration in Biu Local Government Area in the southern part of the state.
The projects include a housing estate for teachers in Buratai town and a new secondary school in Tum village.
The Buratai housing estate comprises 10 units of two-bedroom semi-detached bungalows aimed at addressing the problem of housing deficit particularly as it affects teachers in Borno State.
Tum Day Secondary School, one of the 102 constructed by the Zulum administration is a co-educational senior secondary school attached with junior secondary and primary schools.
Performing the brief opening ceremony, Zulum assured that his administration is committed to improving the quality of healthcare service delivery and education in Borno State.
He said, “I want to assure you that this administration is committed to providing affordable quality health care delivery systems and, most importantly, education, which is the bedrock for any meaningful development. Without education, there will be no meaningful development.”
As a mark of appreciation for the numerous projects by the Zulum administration, Buratai community presented a plaque to the governor commending his integrity in governance.
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