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MAN, DIBAN urges FG to remove New Excise Duty on Alcoholic Beverages

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The Manufacturers Association of Nigeria, MAN, and Distillers and Blenders Association of Nigeria, DIBAN, have appealed to the federal government to halt the implementation of the new excise duty on alcoholic beverages and consult truly with stakeholders in the sector to save thousands of jobs. They also urged the government to ensure the survival of one of the oldest indigenous industry in the country.

Segun Ajayi-Kadir, MAN director-general and Patrick Anegbe, DIBAN chairman, told the media in a joint press conference on Wednesday in Lagos, that the new excise duty by Kemi Adeosun, finance minister, represents an increase from the current average of N30 per litre to N150 per litre in the first year of implementation and rises to N200 per litre subsequently.

Also, Anegbe said that it translates to an increase from current average duty of N270 to N1350 per carton in the first year and N270 to N1800 per carton from second year.

He warned that the new excise duty will negatively affect about 25,000 jobs in the sector as well threaten the source of livelihood of staff of over 250,000 connected small and medium enterprises, SMEs.

He said that DIBAN’s collapse despite over N420 billion investment because of the new duty would pave way for the complete takeover of the Nigerian wines and spirits market by the imported and smuggled brands.

The chairman refuted Adeosun’s claim that MAN and DIBAN were in attendance where the Tariff Technical Committee, TCC, recommended the new excise duty after a cautious considerations of the government’s fiscal policy for 2018 among others. Rather, he said that that there wasn’t prior consultation and engagement with them before the adoption of the new tax model. He warned that DIBAN’s  downsizing of workers would affect government’s revenue considering that it generates over N60 billion from Pay As You Earn, PAYE, taxes every year.

Aare Fatai Odesile, DIBAN executive secretary, said that the timing of the new duty is wrong considering that Nigeria just exited recession, adding that the hike in the excise duty is an attempt to wipe out domestic efforts and promote foreign ones.

On the implication of alcohol on health,  he said that its  consumption can’t be stopped by the new tax which will lead to increase in the price of the product as it would make the consumers to look for cheap and substandard products which could endanger their lives.

Stating that DIBAN products are regulated, he added that producers also emphasise on responsible consumption in their adverts. He also reminded the government of its looming loss of revenue because of non-payment of tax by smugglers.

Odesile said that Nigeria ranks the highest among alcohol producing

countries in imposing excise duty, adding that this will not augur well for the economy.

Some members of DIBAN present at the press conference include Umoren Maureen Akpan, its treasurer and John Ichue, Pharma Alcohol International managing director among others.

In a related development, more than 100 protesters flooded the office of Manufacturers Association of Nigeria, MAN, Lagos, calling on the federal government to remove the astronomical excise duty for alcoholic beverages.

Stating that the government was dancing to tune of the International Monetary Fund, IMF, under the pretext of health concern, the protesters who came under the umbrella of Distillers and Blenders Association of Nigeria, DIBAN, carried placards displaying their demands.

Some of the inscriptions on the placards read: “Buhari Create Jobs, Do Not Take Away Jobs”, “Alcohol is not Nigeria’s Problem”, “Buhari Abeg No Be Alcohol Fall Your Son – Just Leave Alcohol” and “National Assembly Please Save Our Job” among others.

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Finance

Godwin Emefiele Disobeyed Direction Of Law With Intent To Harm The Public, He Printed ₦684.5M Using ₦18.9B Says EFCC in fresh charge

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The Economic and Financial Crimes Commission has filed a fresh charge at the High Court of the Federal Capital Territory against the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele.

EFCC in the charge accused Emefiele of approving the printing of N684,590,000 at the rate of N18.96 billion.

EFCC also alleged that Emefiele broke the law with intent to harm the public during his implementation of the naira swap policy of the administration of former President Muhammadu Buhari.

The anti-graft agency also accused Emefiele of unlawfully approving the withdrawal of N124.8 billion from the Consolidated Revenue Fund of the Federation.

EFCC’s top prosecutor, Rotimi Oyedepo, SAN revealed that Emefiele will be arraigned on a new four-count charge before Justice Hamza Muazu

Counts one to four of the charge, read,

“STATEMENT OF OFFENCE: Public Servant disobeying direction of law with intent to cause injury to the public contrary to and punishable under Section 123 of the Penal Code Law, Cap. 89 Laws of the Federation, 1990.

“PARTICULARS OF THE OFFENCE: That you GODWIN IFEANYI EMEFIELE between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of N375,520,000.00 pieces of colour swapped N1, 000, at the total cost of N11,052, 068,062 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.”

This and three other charges were stated against him. They read;

“COUNT 2: “That you, GODWIN IFEANYI EMEFIELE, between the 19th of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the Central Bank of Nigeria Act, 2007, by approving the printing of 172,000,000 pieces of colour swapped N500 (Five Hundred Naira) Notes, at the total cost of N4, 471,066,040 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.

“COUNT 3: “That you GODWIN IFEANYI EMEFIELE between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of 137,070,000 pieces of colour swapped N200 (Two Hundred Naira) Note, at the total cost of N3, 441, 005, 280 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.”

“COUNT 4: “That you, GODWIN IFEANYI EMEFIELE, on or about the 7th day of October 2020, in Abuja, within the jurisdiction of this Honorable Court, knowingly disobeyed the direction of Section 80 of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended), by approving the withdrawal of the total sum of N124, 860, 227, 865.16 from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly, which conduct of yours caused injury to the public and you thereby committed an offence.”

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Transport

Federal Government To Launch Out 2700 CNG Buses, Tricycles Ahead Of First anniversary Of Tinubu’s Administration

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The Presidency on Sunday said it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President Bola Tinubu turns one year in office.

“All is now ready for delivery of the first set of critical assets for deployment and launch of the CNG initiative ahead of the first anniversary of the Tinubu administration on May 29.”

It said the Federal Government is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of 2024.

The Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, revealed this in a statement he signed Sunday titled ‘Presidential CNG initiative set for rollout.’

“From the end of May, Nigeria will take some baby steps to join such nations that already have large fleets of CNG vehicles.

The CNG tricycle
The CNG buses

“All is now ready for delivery of the first set of critical assets for deployment and launch of the CNG initiative ahead of the first anniversary of the Tinubu administration on May 29.

“About 2,500 of the tricycles will be ready before May 29, 2024…working towards delivering 200 units before the first anniversary of the Tinubu administration,” said the Presidency.

He also said that over 600 buses are targeted for production in the first phase which will be accomplished in 2024.

In October 2023, about five months after the removal of the petrol subsidy, President Tinubu launched the Presidential CNG Initiative to deliver cheaper, safer and more climate-friendly energy.

The CNG Initiative was designed to deliver compressed natural gas, especially for mass transit.

The Federal Government earmarked N100bn (part of the N500bn palliative budget) to purchase 5500 CNG vehicles (buses and tricycles), 100 Electric buses and over 20,000 CNG conversion kits, with plans to develop CNG refilling stations and electric charging stations nationwide.

The FG had said the initiative would ease the burden of the increased pump price on the masses.More information added that the creation of a new plant on the Lagos-Ibadan Expressway that will assemble the tricycles while Brilliant EV will assemble electric vehicles when it receives the Semi Knocked Down components.

The Presidency explained further, “The SKD parts manufactured by the Chinese company LUOJIA in partnership with its local partner to support the consortium of local suppliers of CNG tricycles are set for shipment to Nigeria and expected to arrive early in May.

It is expected that before 2027, There’ll be a considerable wave of these buses and tricycles in use.

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Finance

Immigration Office Place Ex Governor, Yahaya Bello On Watchlist While IG Of Police Withdraws All Police Officers Attached To Him

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The Inspector General of Police, Olukayode Egbetokun, has withdrawn all police officers attached to the embattled former Governor of Kogi State, Yahaya Bello.

The order for the withdrawal was contained in a police wireless message. The document with reference number:

“CB:4001/DOPS/PMF/FHQ/ABJ/VOL.48/ 34 reads in part;“IG has ordered the withdrawal of all policemen attached to His Excellency and former Executive Governor of Kogi State, Alhaji Yahaya Bello. Acknowledge compliance and treat with utmost importance.

Please, above, for your information and strict compliance.”

Meanwhile, the Nigerian Immigration Service has placed the former governor on its watchlist.

This comes after the Economic and Financial Crimes Commission on Thursday, April 18, declared him wanted in connection to an alleged case of money laundering to the tune of N80.2bn.

From EFCC

In a circular signed by an Assistant Comptroller of Immigration, DS Umar, for the Comptroller-General, Kemi Nandap, the NIS detailed the former governor’s name, nationality, and passport number.

From National Immigration Office

And read;

“I am directed to inform you that the above-named person has been placed on the watch list.

Suffice to mention that the subject is being prosecuted before the Federal High Court Abuja for conspiracy, breach of trust, and money laundering vide letter Ref; CR; 3000/EFCC/LS/EGCS.1/ TE/Vide/1/279 dated April 18, 2024.

If seen at any entry or exit point, he should be arrested and referred to the Director of Investigation or contact 08036226329/07039617304 for further action.” the circular reads in part.

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