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BREAKING: DSS Releases Omoyele Sowore

The Department of State Services (DSS) has released the convener of #RevolutionNow protests, Mr Omoyele Sowore

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Ensure Your Source Of Information Cut Across, Buhari Tells US Envoy

President Muhammadu Buhari has urged the United States of America (USA) to ensure that its sources of information on Nigeria cut across all sectors owing to what he described as ‘misleading and manipulative’ narratives by some people.

Nigeria recently was placed on a Special Watch List of countries that had engaged in or tolerated the severe violation of religious freedom by the US Government.

President Buhari who received Letters of Credence of United States of America Ambassador to Nigeria, Ms. Mary Beth Leonard, said the recent listing of Nigeria for human rights concerns created an impression that some people were being unfairly treated or marginalized in the country.

In a statement by his Special Assistant on Media and Publicity, Garba Shehu, President Buhari urged the envoy to use the opportunity of her posting to Nigeria, with her experience, knowledge, and energy to get the facts on the country.

“I know that those with access have created an impression of being marginalized.

“I sit here with a clear conscience. I took an oath and I am honouring the office.

“It is not an easy task to work for the unity of the country, and I am doing my best. During your stay in the country I am asking you to ensure that your sources of strategic information cut across,’’ he added.

President Buhari said he took some time to explain the situation in the country when he met with President Donald Trump in Washington DC as the American President expressed concern with reports of attacks on segments of the society.

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Nobody Should Pay N50 Charges On POS Transactions, Says CBN

The Central Bank of Nigeria (CBN) has clarified the issue of payments of N50 charges by merchants who use Point of Sale (POS) machines for cashless transactions, insisting that nobody should pay extra on goods and services.

The CBN explained that the N50 stamp duty is a fee regulated by an act that directs merchants to pay all necessary taxes as regulated by government agencies

Speaking on Channels Television’s Business Morning programme, the CBN Director of Payment System Management, Musa Jimoh, said the apex bank issued a circular and merchants have misinterpreted the directive.

“Stamp duty has been misinterpreted, our circular that talks about merchants paying stamp duties according to the law do not say that the stamp duty should be paid by the consumer; that is a misrepresentation of CBN directive. What our directive says is that merchants should pay all necessary tax as regulated by government agencies including stamp duty.

“What we told the merchants is that we would like the banks to ensure that the merchants comply with this directive by ensuring that every single payment that customers make to them, the merchants pay the regulated stamp duty of N50.

“What has happened is that they have actually transferred this fee blatantly and openly to the consumers; this is very wrong. No single individual should pay N50 in addition to the cost of the goods.

He stated that “Stamp duty is not to be paid by individuals that are consuming the goods and services of the merchants, the merchants who are receiving the money are the ones who are supposed to pay.”

Mr. Jimoh explained that because the stamp duty is not regulated by the CBN, there are no plans to stop stamp duties.

“Stamp duty is not a CBN regulated fee, it is a fee regulated by an act, and so we can’t change or push anything in that direction.

To this, the stamp duty remains and cannot be changed by the CBN, what we are doing is to ensure that the institutions we regulate (the banks) become more responsible to ensure that these fees are collected and given to the government.

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BREAKING: Malami orders DSS to release Dasuki, Sowore

The Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), says he has directed the Department of State Security Services to release the duo of the immediate-past National Security Adviser, Col. Sambo Dasuki, and ‘RevolutionNow’ protest convener, Mr. Omoyele Sowore from custody.

As of the time of filing this report on Tuesday, our correspondent learnt that final documentation was being concluded for the release of the two men at the headquarters of the DSS in Abuja.