Newspaper Headlines: NBA, SANs warn n’assembly, FIRS over VAT law amendment
The passage of the anti-open grazing and value-added-tax bills by the Lagos state house of assembly dominated the headlines of Nigerian newspapers.
The Daily Independent says residents of Imo state and other parts of south-east obeyed the sit-at-home order issued by the Indigenous People of Biafra during the visit of President Muhammadu Buhari to Imo. The newspaper reports that the Lagos assembly passed the value-added-tax and grazing bills.
The Nation reports that Buhari said he is ready to stabilise security and economy before the end of his tenure in 2023. The newspaper says the United Nations (UN) has warned Nigeria against the abduction of students in schools.
The Punch says the Nigerian Bar Association (NBA) and senior lawyers have warned the Federal Inland Revenue Service (FIRS) and the national assembly against any illegality in the amendment of the value-added-tax law.
Daily Trust reports that suicide is on the rise in the country as 51 cases were reported in 12 months. The newspaper says a study revealed that 120 bandit gangs operate with 60,000 AK-47 rifles in six northern states.
The Guardian reports that states have sued the federal government over stamp duty collection amid the VAT uproar. The newspaper says the parallel market in the country is facing a fresh test as the naira hit N545 per dollar — an all-time high.
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