FEDERAL GOVERNMENT SET TO INCREASE VAT TO 10%.

Nigeria plans to double the value-added tax rate to 10 per cent this year to help shore up government revenue eroded by the declining price of oil, the country’s main export, the Federal Inland Revenue Service said.

“The plan is to increase to 10 percent this year, but we have to consult first with relevant stakeholders,” Sunday Ogungbesan, Acting Executive Chairman of the FIRS, told reporters.

Nigeria depends on crude exports for about 70 per cent of government revenue and more than 90 percent of foreign exchange. The price of Brent crude has dropped by more than half since peaking in June last year, undermining President Muhammadu Buhari’s ability to deliver on his election promises since he took office in May.

DETAILS OF THE MASS FAILURE AT NIGERIA LAW SCHOOL.

The Council of Legal Education, yesterday, released the results of the Bar final examinations it conducted in April and May, 2015 which a total of 1805 candidates failed out of 5588 that sat for the exams.

The Council, in a statement it issued in Abuja yesterday, disclosed that whereas only four candidates made First Class, a total number of 109 candidates made Second Class Upper.

The two exams participated by a total number of 5588 law school students, recorded 64.8% failure‎.

Giving a breakdown of the results, the Director General of the Nigerian ‎Law School, Mr. O. A. Onadeko, revealed that a total number of 2,736 students participated in the Bar final resit examinations for the 2014/2015 school year.

WHY I RAPED MY FRIEND'S EIGHTEEN YEAR OLD DAUGHTER - UNILAG LECTURER.

For nine days, Shola (not real name) was in pain. The abdominal pain she endured felt as if a knife got stuck in her, she said.

She was scared but she had no choice but to endure the pain since she couldn’t imagine telling her parents the unimaginable trauma she had been subjected to that led to the pains she was going through.

“How could I face them? How could I tell them that the man they handed me over to, to help process my admission, had raped me?” Shola said.

TIME FOR NIGERIA TO RETURN TO AGRICULTURE - PRESIDENT BUHARI

President Muhammadu Buhari said Friday in Abuja that his administration would henceforth take agriculture seriously, saying that crude oil and gas exports would no longer be sufficient as the country’s major revenue earner.

Recalling that he based his electioneering campaign around agriculture, the President stated that his government would cut short the long bureaucratic processes that Nigerian farmers had to go through to get any form of assistance from government.

President Buhari spoke when he received Dr. Kanayo Nwanze, the Nigerian born President of the International Fund for Agricultural Development (IFAD), at the Presidential Villa on Friday.

SHOCKING - FASHOLA SPENT N78.3M LAGOS STATE MONEY TO UPGRADE PERSONAL WEBSITE IN 2014.

FASHOLA & PRESIDENT BUHARI

Unconfirmed reports indicates that the celebrated former Governor of Lagos State, "Babatunde Raji Fashola" reportedly spent a whooping N78.3M on his personal website in 2014.

It is simply unbelievable that this website tundefashola.com could in anyway cost so much. The figure was obviously inflated.

With the potency of evidence available, it may be extremely difficult for Fashola to wriggle out of this mess.

Please see the documents after the cut.

EL RUFAI'S POLICIES ARE ANTI-PEOPLE - SENATOR SHEHU SANNI.

In what appears to be an early tiff in the political arena of Kaduna State, Shehu Sani, the senator representing Kaduna Central Senatorial District, has said he will call Governor Nasir El-Rufai to order if he doesn’t deliver on the promises made during the gubernatorial campaign.

In an interview with Tribune, Mr. Sani accused the governor of introducing unpopular policies and also running a government that does not consider the interest of the people of the state.

Mr. Sani said while he never intended to be in discord with the present Kaduna administration, Governor El-Rufai’s policies are harsh, inconsiderate and anti-people.

COURT REMANDS 28 YR OLD MAN FOR JILTING PREGNANT GIRLFRIEND.

A Mararaba Upper Area Court, on Friday ordered the remand of a 28-year-old student, Gimba Emen for allegedly jilting his girlfriend. 

The prosecutor, Sgt. Samuel Okoro, told the court that Jessica Ibrahim, a girlfriend to the accused, reported the matter at the Sani Abacha Road Police Station, Mararaba, on Aug. 4 at about 11:30 a.m. Okoro said that sometimes in Jan. 4, the accused who resides at Mararaba, approached Jessica for a relationship to which she accepted. 

ABIKE DABIRI SLAMS DIAMOND BANK WITH N500M LIBEL LAW SUIT AS THE BANK APOLOGISES.

The Former House of Representatives member Abike Dabiri-Erewa, earlier today slammed a N500million libel suit on Diamond Bank Plc for maliciously publishing her name as one of the bank’s debtors on Punch Newspaper which came out on Monday.

SOUTH AFRICAN HIPHOP ARTISTE CASSPER (@CASSPERNYOVEST) ACCUSES AKA (@AKAWORLWIDE) OF ASSAULT.

When will the beef between AKA & CASSPER, the two most celebrated hiphop acts in South Africa end???

At some point, It was reported before that AKA and his crew pulled and pointed a gun at Cassper Nyovest at a TV show they were set to perform.

Cassper took to his twitter to accuse AKA of slapping him earlier today and treating human beings the way he likes. 

See the tweets after the cut...........

ARMS BOUGHT BY JONATHAN ARE YET TO ARRIVE - SAMBO DASUKI.

The immediate past National Security Adviser, Col. Sambo Dasuki, (retd), has given a hint that some arms and ammunition procured by the Jonathan administration had not arrived the country.

The former NSA said that some elements whose identities he did not disclose were frustrating the nation’s efforts to get the critically needed equipment to fight the Boko Haram insurgency.

According to Dasuki, the government had to issue queries to some arms suppliers for the delay in the supply of the items paid for by the government.

PRESIDENT BUHARI COMMENCES TOTAL PROBE OF JONATHAN'S ADMINISTRATION.

A total probe of the administration run by immediate past president, Dr Goodluck Ebele Jonathan is underway as the National Economic Council, NEC, Ad-hoc Committee on the Management of Excess Crude Account Proceeds and Accruals into the Federation Account, headed by the Governor of Edo State, Mr. Adams Oshiomhole, is to hire two international forensic audit firms to probe revenue that accrued into the Federation Account and how it was spent under former Dr Goodluck Jonathan as President.

Mr. Oshiomhole told journalists at the end of the first meeting of the committee in Abuja, yesterday that the auditors would cover the period January 1, 2010 to June 1, 2015.

It put paid to calls by the opposition Peoples’ Democratic Party, PDP, that Buhari should extend his probe to the administrations of Jonathan’s predecessors, Alh. Umaru Yar’ Adua.and Chief Olusegun Obasanjo.

JUDGE CONVICTS 3 BANKERS TO 91 YEARS JAIL TERM

CONVICTS

Justice Ibrahim Mairiga of the Kebbi State High Court has convicted three former employees of FinBank Plc (acquired by First City Monument Bank Plc in 2011), and sentenced them to 91 years’ imprisonment.

Suleiman Ibrahim Musa, Bilyaminu Usman and Lawal Suleiman had been arraigned on 16 counts bordering on forgery, theft and criminal breach of trust by the Economic and Financial Crimes Commission.

The convicts, who worked at the Birnin-Kebbi branch of the bank in Kebbi State, were first arraigned on July 21, 2010, and had pleaded not guilty to the charges.

ANXIETY IN NIGERIA POLICE FORCE OVER PROMOTION OF JONATHAN'S AIDES.

There is disquiet among the workers of the Police Service Commission over the promotion of nearly all the security aides of former President Goodluck Jonathan by the board of the commission.

The Commander, MOPOL 24, the police unit in charge of the former President’s family was promoted from Chief Superintendent of Police to Assistant Commissioner of Police, and some unit commanders were elevated from Deputy Superintendent of Police to Superintendent of Police.

But a junior officer, who served at the Presidential Villa under the promoted commander, said he and some of his colleagues did not benefit from the exercise.

DAVIDO BATTLES (TWICE BEATEN) WIZKID FOR BEST MALE ACT IN AFRIMMA AWARDS.

After beating Wizkid to clinch the Best Male Act award for the second time at this year’s edition of MTV Africa Music Awards,MAMA, ‘Aye’ crooner, Davido is set to repeat the feat as he battles again with the former for the  Best Male Act West  Africa award, in the forthcoming African Muzik Magazine Awards, AFRIMMA.

The awards ceremony is billed to hold on the 10th of October, 2015 at the Black Academy of Arts and Letters, Dallas. The multiple award winner will be battling for the award with his Nigerian counterparts including  Wizkid, Flavour and Olamide.  Others are Serge Beynaud from Ivory Coast, Sarkodie (Ghana), Carlou D (Senegal)and Stonebwoy (Ghana).

PSG TARGET CHAMPIONS LEAGUE GLORY WITH NEW SIGNING "DI MARIA".

Paris Saint-Germain are confident Angel di Maria can be the man to help them conquer Europe after completing the signing of the Argentina winger on Thursday.

The 27-year-old penned a four-year deal at the Parc des Princes after PSG agreed to pay Manchester United 63 million euros (£44.3m; $68.9m) to make him the second most expensive signing in French football history.

Released from the constraints of Financial Fair Play after UEFA relaxed their controversial rules earlier this summer, the French champions have made their biggest splash in the transfer market since paying 64 million euros to sign Edinson Cavani from Napoli in July 2013.

CULTISM, CORRUPTION & POLITICIANS.

Secret cults exist in traditional societies of south of Nigeria,often as instruments of social control, and influence, for the betterment of   society. For example,  there are Cults like the Ogboni, Oro, Egugun, Agemo, Awo-Opa,Eno-Orugbo, in the South West, Kamalu, Mmanwu, Okonko, Ekpe, Ijere, in the South East, Nfam, Igbe, Oghere-Uke, Ekpo,Oje, in the South South of Nigeria.

They essentially enforced high moral standards, social justice, and peace in those early societies, but like most things in life, when corruption enters, evil follows to reign supreme, and that happened with campus cultism.

4 STUDENTS BAG 1ST CLASS FROM NIGERIA LAW SCHOOL AS 40% OF RESIT STUDENTS FAILED AGAIN.

The Council of Legal Education, the authority that runs the  Nigerian Law School, has released the results of both the Bar Final Resit examinations held in April 2015 and the Bar Final examinations for regular students conducted in May 2015.

A statement by the Director General of the law school, Mr Olanrewaju Onadeko said that out of the 2,736 students who participated in the resit examination only 1,648 were successful. They will be called to the Bar with a pass.

DOWNLOAD NEW MUSIC - "LEFT FOR GOOD" - @OFFICIALWAJE FT @PATORANKINGFIRE & @GODWINSTRINGS.

LEFT FOR GOOD - WAJE

WAJE, who is easily one of the few original vocalists in the Nigeria HipHop world is back with a hit titled "LEFT FOR GOOD".

She features the  award wining reggae-dancehall sensation  Patoranking and violinist Godwin Strings on this one.

The song was produced by E-Kelly.

Download Here.

TANKER KILLS POLICEMAN IN LAGOS.

A police sergeant attached to the Taskforce for dismantling tanker traffic in Apapa area of Lagos was on Tuesday crushed to death by a tanker.

The spokesperson for the Lagos State Police Command, Patricia Amadin, confirmed the incident on Wednesday.

Mr. Amadin, who said the deceased was identified as Lukas Abashi, disclosed that the driver of the vehicle with Reg. No. ANC 66 XA escaped after the accident.

EFCC SET TO DECLARE FORMER NHIS BOSS WANTED OVER $2.1M MONEY LAUNDERING CASE.

The Economic and Financial Crimes Commission has finalized plans to declare former Executive Director of National Health Insurance Scheme, Olufemi Thomas, over a $2.1 million (about N413million) suspected money laundering case.

A source at the commission said the EFCC has been on the trail of the former NHIS boss for weeks after a Bureau De Change operator, Ibiteye Bamidele, named him as the owner of a $2,198,900 cash, recovered from him by men of the National Drug Law Enforcement Agency.

Mr. Bamidele was arrested on July 3 at the Murtala Mohammed Airport, Lagos, by officials of the NDLEA.