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Minimum wage earners should be exempted from paying income tax – FG

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The Federal Government, in an offer to additional pad the current financial conditions in the nation, has proposed in the new Finance Act that the individuals who procure the lowest pay permitted by law should be absolved from settling personal duty.

This was reported by President Buhari through the official Twitter handle of the Presidency.

The President unveiled that this new arrangement would supplement the tax reductions given to independent companies a year ago, to additionally invigorate the economy.

President Buhari, in the tweet string, clarified that the move was a satisfaction of the guarantees made to help diminish cost of transportation and the effect of swelling on normal Nigerians.

What you should know

it was accounted for that the Federal Government on Wednesday, November 18, 2020, affirmed the 2020 Finance Bill to help the 2021 spending plan.

While clarifying the substance of the bill, the Minister of Finance, Budget and National Planning, Mrs Zainab Shamsuna Ahmed, gave an affirmation that the bill would not prompt an expansion in expense, in light of the fact that the circumstance in the nation didn’t warrant an expansion in charges.

She said the plan was to facilitate the taxation rate on Nigerians and a few classifications of organizations, particularly the little and medium organizations.

The Minister revealed that the bill, which was intended to get steady changes the country’s duty laws, was viewed as basic to the execution of the 2021 spending plan, and would before long be sent to the public get together for thought.

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Iran warns trump on soleimani’s revenge

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Soleimani’s ‘revenge is inevitable’, Iran cautions Trump Iran’s supreme chief’s office has posted a photomontage of previous US president Donald Trump playing golf under the shadow of a warplane close by a vow to vindicate a destructive 2020 drone strike he requested.

The post on Ayatollah Ali Khamenei’s @khamenei_site Twitter account late Thursday cautioned there will never be a way out from restitution for the US strike outside Baghdad air terminal which killed Iran’s storied foreign operations chief General Qasem Soleimani and his Iraqi lieutenant.

“Revenge is inevitable. Soleimani’s killer and the man who gave the orders must face vengeance,” it said.“Revenge can take place at any moment.”

Trump left office on Wednesday and flew directly to his Mar-a-Lago golf club in Florida, without going to the initiation of his successor President Joe Biden.

Iranian authorities have swore over and again that Soleimani will be retaliated for.

Recently, on the principal commemoration of his executing, legal executive boss Ebrahim Raisi cautioned that not Trump was “immune from justice” and that Soleimani’s executioners would “not be safe anywhere in the world”.

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‘Arya Starr’ debuts at No. 1 on Nigerian Apple Music ‘Top Albums’ chart

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Mavin Records newly signed artiste has taken 2021 by storm with her debut EP — Arya Starr — which in a short amount of time and maybe unexpectedly is already the number on Nigerian Apple Music ‘Top Albums’.

Arya Starr will become the second female since Tems and first of 2021 to top the Apple Music NG album charts; Tems topped the chart with ‘For Broken Ears’ EP. Arya Starr also seems to draw a lot of comparisons to Tems, fans and listeners cite sound, genre of music (and for some, looks) as factors for such comparisons.

Arya Starr dispositions “Made In Lagos” which has been atop the Apple Music charts for Nigerian albums for more three weeks now.

Arya Starr is currently the No. 1 album on Nigerian Apple Music.

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Covid-19: Buhari approves N6.45 billion to set up 38 oxygen production plants

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President Muhammadu Buhari has declared his endorsement of N6.45 billion for the set-up of 38 oxygen creation plants the nation over, in an offer to contain the second influx of Covid-19.

The President unveiled this in an assertion on Thursday night after the main National Economic Council meeting of the year managed by Vice President Yemi Osinbajo, SAN, with State Governors, Federal Capital Territory Minister, Central Bank Governor, and other senior government authorities in participation.

“As a feature of endeavors to contain the second rush of Covid-19, we’re setting up new oxygen creation plants in 38 areas across Nigeria—to improve the administration of patients needing oxygen.

“I have similarly endorsed financing for the restoration of oxygen plants in 5 clinics,” Buhari said.

The Minister of Finance, Budget and National Planning, Zainab Ahmed said the President said the asset’s delivery was required by the rising instances of Covid-19 in the country with patients requiring oxygen.

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Review we detailed that the Lagos State Governor, Babajide Sanwo-Olu, cautioned that the rising second influx of the pandemic in Lagos had seen the interest for oxygen rise multiple times from 70 six-liter chambers every day to 350 six-liter chambers at Yaba Mainland Hospital alone.

He added that the state government had the decentralized arrangement of oxygen and different administrations required for Covid-19 patients, refering to the arrangement of oxygen stands.

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