Author: New Daily Prime

The National Assembly is deliberating on a bill that proposes raising the Value-Added Tax (VAT) from the current rate of 7.5% to 10% by the year 2025. The executive bill, which was reviewed by TheCable, outlines a gradual increase of the VAT rate to 12.5% by 2026 and maintains this rate until 2029, before potentially escalating to 15% from 2030 onwards. This initiative follows comments from Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, who stated on May 8, 2024, that an increase in the VAT rate is necessary to bolster the nation’s fiscal…

Social media influencer Martins ‘VeryDarkMan’ Otse has revealed the impressive sum raised just 24 hours after launching his nongovernmental organisation (NGO). On Saturday, VeryDarkMan announced the NGO, which aims to promote community development and improve public school infrastructure, among other social initiatives. He called on celebrities such as Davido and Cubana Chief Priest to support the cause, pledging transparency and accountability in managing donations. READ ALSO: VeryDarkMan: Real Distraction is Sam Larry, Naira Marley However, on Sunday, VeryDarkMan shared through Instagram stories and videos that over N33 million had been donated in less than a day. He also posted a…

Barcelona youngster Lamine Yamal has departed the Spain national team camp following the team’s 1-0 victory over Denmark on Saturday. Yamal returns to Barcelona ahead of Spain’s next game against Serbia after picking up a knock in Saturday’s victory against Denmark. The forward is set to miss Spain’s next fixture with Serbia on Tuesday as he recovers under the supervision of his club’s personnel.The 17-year-old’s return to Barca is a precautionary measure to prevent an injury as tests carries out by the RFEF medical team did not detect any injury. The Spanish football association released an official statement confirming this.…

The interim manager of the England national team Lee Carsley is not looking forward to be made substantive manager, according to reports. The Irish took over the leadership of the Three Lions after Gareth Southgate left the role during the summer. Carsley was appointed on an interim basis to oversee three national team camps from September to November. Overseeing his second England camp, he has managed the Three Lions in three games so far, leading them to victory against the Republic of Ireland and Finland. However, he and his team were shocked by Greece with a 2-1 defeat at Wembley…

Bayern Munich and Germany midfielder Joshua Kimmich has taken a somewhat differing position from what many top footballers recently expressed about the increasing number of fixtures they have to play in. The midfielder spoke to German outfit Deutsche Welle, acknowledging how unpopular his opinion might be. He said, “Maybe I’m making myself a bit unpopular, but I like to play a lot of games. In football, there will always be injuries.”The German, who also plays at right back, is one of the most dependable players for both Bayern and the German national team, having gathered over a decade of experience…

England forward Bukayo Saka is set for further assessment after limping off during the Three Lions’ defeat to Greece on Thursday. The Arsenal No. 7 has left the national team training camp to be further assessed by his club’s medical team. The forward has been ruled out of England’s next Nations League fixture away to Norway.According to the update given by interim England manager Lee Carsley, Saka may have picked up an injury to his leg. He said, “He’s been assessed but in the build-up to the first goal you could see he’d felt something in his leg.”Since returning to…

One of the highlights of the Netherlands’ draw with Hungary in their Friday’s Nations League fixture was Virgil van Dijk getting sent off. The Dutch captain received two yellow cards in three minutes in the second half of the tie. The Liverpool skipper has expressed his anger with the first yellow card decision which was for dissent. The defender had protested to the referee after his teammate Donyell Malen was brought down as he moved towards the Hungarian goal when the Dutch were still one-nil down. He received a yellow card in response from the referee and three minutes later…

Award-winning Nollywood actress Jumoke Odetola has expressed her excitement over the ongoing developments and innovations in Nigeria’s film industry. The actress, known for her versatility and dynamic performances, is drawing inspiration from Nollywood’s current wave of creativity, which she says is fueling her own ambitions and pushing her to explore new horizons in her career. According to The Nation Newspaper, in an exclusive interview, Odetola discussed how the film industry’s progress is not only shaping her work but also motivating her to take on more challenging and diverse roles. “I am inspired by what’s happening in Nollywood,” she shared. “When…

Lazio midfielder Fisayo Dele-Bashiru made the difference for Nigeria with a late winner over a defensively solid Libya. The Super Eagles eked a 1-0 victory in their AFCON Qualifier game against the Mediterranean Knights thanks to Dele-Bashiru’s strike, assisted by a Moses Simon cross four minutes to the end of regulation time.It was an important win for the Super Eagles tactician Austine Eguavoen who took charge of his 25th game for the Super Eagles on Friday. Eguavoen first coached the Eagles in 2005 and has an impressive record of 15 wins, four draws and six losses. All eyes were on…

Gustavo Alarcón was sworn in as the new mayor of Chilpancingo on Thursday, just days after his predecessor, Alejandro Arcos, was brutally murdered and beheaded. Alarcón, a doctor and alternate candidate elected alongside Arcos in June, assumes leadership in a city rife with violence and drug gang conflicts. Arcos, who had only taken office on October 1, was found dead in a pickup truck on Sunday, with his head placed on the vehicle’s roof. His death has highlighted the severe security challenges facing local officials, particularly in a city dominated by rival drug gangs, the Ardillos and the Tlacos. During…