News
Nigeria Customs Service Announces Tax Exemptions on LPG and CNG Imports

The Nigeria Customs Service (NCS) has introduced significant fiscal incentives, removing Value Added Tax (VAT) and import duties on Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG) to boost domestic gas utilisation under the Presidential Gas for Growth Initiative.
In a statement issued on December 18 by NCS National Public Relations Officer, Abdullahi Maiwada, the agency confirmed that machinery, equipment, and spare parts related to gas utilisation would now attract a zero percent import duty.
Additionally, VAT exemptions have been applied to LPG, CNG, their equipment components, and conversion and installation services.
Importers looking to benefit from these incentives must secure an Import Duty Exemption Certificate (IDEC) from the Ministry of Finance and a letter of support from the Office of the Special Adviser to the President on Energy.
The initiative also withdraws debit notes issued to petroleum marketers for LPG imports made using specific HS codes since August 2019, reinforcing the government’s commitment to fostering investment and expanding Nigeria’s gas infrastructure.
News
Oyo Group Accuses Primate Ayodele of Using Prophecies to Manipulate Politicians for Money

The Oyo State Voluntary Campaigners (OSVC) have accused Primate Elijah Ayodele of using his so-called prophecies to manipulate politicians for personal financial gain. The group was reacting to Ayodele’s latest prophecy, where he claimed that Minister of Power Adebayo Adelabu would not succeed in becoming the Governor of Oyo State in 2027 due to political challenges and rising tension in the state.
According to Ayodele, unrest is building in Oyo, with Muslims preparing for a major political shift and the Oke-Ogun region set to push back against Ibadan’s dominance—making it difficult for Adelabu to win. But OSVC isn’t buying it. In a statement signed by its chairman, Dr. Dele Atiba, the group described the Lagos-based cleric as a spiritual gambler who targets politicians in power with the hope of profiting from them.
They warned that Ayodele’s messages are nothing more than calculated attempts to get the attention of political figures and milk them financially. The group also pointed out inconsistencies in his past prophecies, such as claiming in 2022 that Bola Tinubu would lose the election, only to later endorse him for 2027.
Atiba said if Ayodele continues to spread what they described as blackmail disguised as prophecy, the group would not hesitate to take legal action and expose what they call evidence of manipulation and deceit. He urged the public to be cautious and not fall for what he termed “tricks” disguised as divine messages.
News
Peter Obi Stopped Atiku in 2023 and Will Do It Again in 2027, Deji Adeyanju Says

Activist and lawyer Deji Adeyanju has stirred fresh political conversation by referring to Peter Obi, the former Labour Party presidential candidate, as a stumbling block to Atiku Abubakar’s ambitions. Adeyanju believes Obi played a key role in preventing Atiku from winning the 2023 presidential election—and he’s confident history will repeat itself in 2027.
Back in 2019, Atiku and Obi were on the same ticket under the PDP but failed to unseat then-President Muhammadu Buhari. After that loss, Obi parted ways with the PDP and ran for president under the Labour Party in 2023, where he finished third.
Taking to X, Adeyanju shared his blunt view: “Obi is the weapon formed against Atiku. He blocked his path to the presidency before, and he’ll do it again. Stop championing people who won’t even lift a finger for themselves. Don’t overdo it—relax.”
Business
Dangote Refinery Reduces Petrol Price to N825 per Litre

Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit (PMS), or petrol, to N825 per litre, down from N835, as competition heats up in Nigeria’s fuel market.
This follows last month’s price reduction, when the 650,000 barrels per day refinery dropped the price from N865 to N835. The recent price change is aimed at providing more value to customers while strengthening Dangote’s position as a leader in the domestic market.
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