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Newspaper Headlines: Kaduna, Plateau, Adamawa may face Lagos, Rivers on VAT appeal

Newspaper Headlines: Kaduna, Plateau, Adamawa may face Lagos, Rivers on VAT appeal
October 04
07:38 2021

The move by some northern states to join the Federal Inland Revenue Service (FIRS) in the value-added-tax (VAT) judgment appeal dominated the headlines of Nigerian newspapers.

The Guardian reports that 300,000 stakeholders of 10 blue-chip firms have abandoned dividends over inflation and red tape. The newspaper says five northern states are set to join the FIRS in the VAT dispute against Rivers and Lagos.

Daily Independent reports that Ayo Teriba, managing director of Economic Associates, said Nigeria can raise $1 trillion from securitised assets instead of borrowing. The newspaper says there is tension in the Peoples Democratic Party (PDP) over the new zoning arrangement of the party’s national chairmanship.

The Nation says the federal government is planning to put wheat on import restriction list. The newspaper reports the Nigerian Army is set to commence new operations in the south-east, south-south, south-east and north-central regions.

The Punch reports  that the federal government has backed the planned suit of herders against the anti-open grazing law enacted by southern governors. The newspaper says the senate and some senior advocates of Nigeria (SANs) have disagreed over the power of the Independent National Electoral Commission (INEC) to transmit results electronically.

Daily Sun says Anambra state is witnessing a spate of violent attacks as the operational base of the Department of State Services (DSS) and the home of Joe Igbokwe were set ablaze by gunmen. The newspaper reports that three northern states are set to join the VAT court case against Lagos and Rivers.

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