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Anambra govt frowns at Illegal sealing of businesses, warehouses in the state

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Anambra State Government has expressed displeasure over the sealing of some businesses and warehouses owned by importers in the state for almost a month without proof of wrongdoing.

The government therefore issued a Notice of Advise to all importers and industry owners in that regard.

According to a Public Notice dated
21st June, 2024, and signed by the state’s Commissioner for Industry, Christian C. Udechukwu,  “Under laws of the Federal Republic of Nigeria, no person(s) or agency has powers to seal or close any business in Anambra State without compliance or following through with all due legal processes as are available to any accused person(s) under the law, including but not exclusive to the service of a dated letter highlighting the specific offences committed by the business owner, and fully allowing/ affording the business owner the rights of self defence and fair hearing with the presumption of innocence until proven guilty, and no business should be sealed without, first of all, obtaining a Court Order issued or obtained from a named presiding Judge, for a named specific offense(s) by the said specific business as may be named in the court document and therein approving for the business to be sealed for a very brief period to be specified by the same named Judge, of a named Court with specific contact details for the purposes of verification of the said Court Order.”

The Notice went further to state that the  situation where some Importers’ businesses and or warehouses in Anambra State were sealed by some agents for almost a month without proof of wrongdoing is an abuse of powers/failure to be fully compliant under the laws of Nigeria, and therefore, such actions are completely/totally unacceptable and would not be tolerated or encouraged by the Government of Anambra State.

“It said- “Any staff of any agency who goes against this official position will be liable personally, jointly and severally with his or her named agency to expect applicable legal remedies, under the circumstances, including prosecution of concerned persons, and they are liable to pay for any named amounts for damages to business owners and or to compensate for reputational loss/and or loss of income to the affected business owner whose business was sealed without proper due legal processes, and without first obtaining a specific legal Court Order authorizing such an extreme action as business or warehouse closures.

“Any person or person(s) who violates such a legal process, as advised by Anambra State Government, will have the full rights of the citizen, business owner, and liabilities for loss of income and or damage to reputation fully enforced against them and their named agency by the affected business owners without prejudice.

“Anyone/agent caught or implicated as an accomplice in the same illegal closure of any legitimate business saga will also be jointly and severally liable to lawful prosecution. And this specific business protection policy advise includes the leadership of any organized group or associations that are negligent in their duty of care and protection of their members from abuse or violations by anyone or agency.

“All legal compliance disputes must first be settled in good faith and without bitterness or disruption to normal business operations, but where all good faith efforts fail, every entrepreneur/importer/industrialist has a right to get legal help and should seek legal protection from any abuse.

“No one has a right to seal or close down any business without a legal warrant or Court Order specifying the specific offenses committed, indicating the legal period for closure, and any other legal advice that may be essential to the reopening of their businesses.

“For any business to be sealed either by any federal or state agency, the said agency must be acting in full compliance of the laws of Nigeria including the declaration of crimes committed as well as proof of wrong doing and present the same proof of wrong doing to a Judge presiding over a Court of Competent Jurisdiction, and thereafter, request to be issued with a specific legal Warrant or an Order of Court instructing or authorizing the said federal or state agency concerned to proceed to exercise authority to seal the accused persons business for any specific period of time, as may also have been determined, by the Judge of the same Court of competent Jurisdiction.

“Any business that feels that its rights have been unjustly violated must get legal counsel for advice on its legal options, and to seek to enforce its own rights, and to get advise of any available legal remedies and claim to damages that may be available to the business owner.

“No business in Anambra State should operate with fear or prejudice from any agent/actors of whatever description.

“Every citizen is bound by law and civic duty to perform all legitimate mandatory acts of documentation compliance for the purpose of operating their businesses, and to keep, at all times, all their statutory documents in place, as may be legally required of them by the laws of Nigeria.

“At the same time, all citizens operating their businesses legitimately have a right to pursue their happiness without any prejudice or fear from anyone or official agents operating within Anambra State.

“For further advice on how to operate your legitimate business activities without fear or prejudice, please contact the office of the Commissioner for Industry or the Attorney General and Commissioner for Justice, Government of Anambra State, at the Jerome Udoji Secretariat, Awka.

“Mr Governor, Prof Chukwuma Charles Soludo CFR wishes for all legitimate business owners who are in compliance with the laws of the Federal Republic of Nigeria to continue to pursue their lawful business in Anambra State with full happiness, and without any unlawful limitations or fear or prejudice”.

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Dangote: Petrol price to be determined after 1st October, assures of nationwide supply henceforth

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Dangote Group has assured Nigerians that the correct price for its Premium Motor Spirit, PMS also known as Petrol, would be determined after 1st October this year when it begins to buy crude oil from the Nigerian National Petroleum Company Limited in Naira.

Dangote therefore described a statement by the NNPC that it bought petrol at N898 per litre from the indigenous refinery as “misleading and mischievous”.

The NNPC earlier on Sunday announced its fuel purchase from Dangote Refinery at a rate of N898 per litre.

The national petroleum firm had dispatched about 300 trucks to the 650,000-barrels-per-day capacity refinery in Lagos on Saturday, with loading operations commencing on Sunday.

Spokesperson for the NNPCL, Olufemi Soneye, on Sunday said it  bought the fuel as N898 per litre contrary to reports claiming N760.

“We successfully loaded PMS at the Dangote Refinery today. The claim that we purchased it at N760 per litre is incorrect. For this initial loading, the price from the refinery was N898 per litre,” he said.

However, Anthony Chiejina, Dangote Group Chief Branding and Communications Officer, in a statement on Sunday evening, knocked the claim made by the NNPC.

He said, “Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr. Olufemi Soneye, that we sell our PMS at N898 per litre to the NNPCL.

“This statement is both misleading and mischievous, deliberately aimed at undermining the milestone achievement recorded today, September 15, 2024, towards addressing energy insufficiency and insecurity, which has bedeviled the economy in the past 50 years.

“We urge Nigerians to disregard this malicious statement and await a formal announcement on the pricing, by the Technical Sub-Committee on Naira-based crude sales to local refineries, appointed by His Excellency, President Bola Ahmed Tinubu GCFR, which will commence on October 1, 2024, bearing in mind that our current stock of crude was procured in dollars.

“It should also be noted that we sold the products to NNPCL in dollars with a lot of savings against what they are currently importing. With this action, there will be petrol in every local government area of the country regardless of their remote nature.”

“We assure Nigerians of availability of quality petroleum product and putting an end to the endemic fuel scarcity in the country,” he added

 

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Hope rises as Dangote, NNPCL seal deal, uninterrupted fuel distribution begins Sunday

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A new deal has been sealed between Dangote Refinery and the Nigerian National Petroleum Company Limited, NNPCL that would guarantee steady and uninterrupted supply of petroleum products from Sunday, September 15, 2024.

A Nigerian presidential committee announced on Friday that NNPC Limited will distribute gasoline from the 650,000 barrels-per-day Dangote Refinery to the local market which would end the deadlock that had stalled distribution.

The $20 billion refinery, built by Nigerian billionaire Aliko Dangote in Lagos, began processing gasoline last week. However, disagreements over offtake rights and pricing had delayed distribution.

“I am glad to announce that all agreements have been finalised, and the first batch of Premium Motor Spirit (Gasoline) will begin loading on Sunday,” Zacch Adedeji, head of Nigeria’s tax authority, said.

Adedeji said that in exchange for crude oil, Dangote will supply gasoline and diesel of equivalent value to the domestic market, with transactions settled in the local naira currency.
The Nigerian government previously said it would facilitate the sale of crude to Dangote in naira.

While Dangote’s diesel, which has primarily been exported, will now be sold to local fuel traders in naira, NNPC will have exclusive rights to lift gasoline and sell locally both in bulk to fuel traders and at its gas stations for now.

 

 

 

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1000 CSOs Laud FIRS Boss Zacch Adedeji for Championing Nigeria’s Crypto Tax Revolution

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About 1000 Coalition of Civil Society Organisations (CSOs) has commended Dr. Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), for his pioneering efforts in revolutionizing Nigeria’s tax system to accommodate cryptocurrencies.

In a press conference addressed in Abuja on Monday and signed by Mallam Yakubu Mohammed, National Coordinator, and Barr Godspower Ebi, National Secretary, the CSOs praised Dr. Adedeji’s visionary leadership in addressing the challenges posed by digital currencies.

“Dr. Adedeji’s commitment to modernizing Nigeria’s tax system is a bold step towards embracing the digital economy,” the statement read. “His efforts will not only boost confidence in the cryptocurrency market but also protect consumers, reduce tax evasion, and attract international investment.”

The CSOs noted that Nigeria’s current regulations, such as the Stamp Duty Act of 1939, are outdated and inadequate for addressing the complexities of digital currencies. They applauded Dr. Adedeji’s plans to establish clear guidelines for digital assets, simplify tax reporting, and leverage technology to ease compliance.

“Dr. Adedeji’s approach aligns with global best practices, and his leadership ensures that Nigeria’s tax policies adapt to the evolving digital financial economy,” the statement added.

The CSOs urged stakeholders to support Dr. Adedeji’s initiatives, saying, “This move will create a more transparent, secure, and thriving financial system for Nigeria.”

With Nigeria’s growing engagement in digital currency trading, the CSOs recognized the need for a regulatory framework that effectively manages the evolving financial world.

“Dr. Adedeji’s crypto tax revolution is a game-changer for Nigeria. We commend his dedication to making Nigeria’s tax system fit for the digital age.”

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