Senator O.K sentenced to 6years.

Former Abia Governor and a serving senator, Orji Kalu, was sentenced to today, he will spend six years.

According to the prison calendar, a prisoner spends a day as two which implies that for a jail term of two years, the prisoner will spend just one year.

Going by the provisions of the Nigerian Correctional Services (NCS) Mr Kalu will spend six years in Ikoyi Prisons.

Invariably, the expiration of the six years will be when the serving senator clocks 65.

It should be noted that the former Senate chief whip will miss the 2023 election as his jail term will be due in 2025.

Recall that Mr Orji Kalu who is the publisher of Daily Sun and New Telegraph newspapers was declared guilty of the corruption charges by Justice Mohammed Idris.

Mr Kalu was tried alongside his company, Slok Nigeria Limited, and Udeh Udeogu, who was Director of Finance and Accounts at the Abia State Government House during Mr Kalu’s tenure as governor.

In an amended 39 counts charge, they were accused by the Economic and Financial Crimes Commission of conspiring and diverting over N7 billion from the coffers of the state.

Several Nigerians have also commended the conviction of the serving senator. They said it beams more hope in the judicial system.

Others have called on the Federal government to see to the prosecution of other corrupt officials.

PUBLIC HOLIDAY -Friday, 6th Dec 2019.

Friday, December 6th, 2019, has been declared a public holiday.

A statement signed by the Minister of Interior, Ambrose Dery says “the general public is hereby reminded that Friday, December 6th, 2019 which marks the celebration of Farmers Day, is a statutory public holiday and should be observed as such throughout the country”.

Read Full Statement:

The General Public is herby reminded that Friday, December 6, 2019, which marks FARMERS DAY, is a Statutory Public Holiday and should be observed as such throughout the country.

Signed:

AMBROSE DERY (MP)

MINISTER FOR THE INTERIOR

NEW BILL- Get your TIN before 2020.

Nigerians are in for a shock as the Finance Bill currently passed by National Assembly has amended sections 33, 49 & 58 of the Personal Income Tax Act. Thus, individuals are required to produce their Tax Identification Numbers (TIN) before they can operate existing or new bank accounts in Nigeria.

What this means is that, if you don't have TIN, you will not be able to operate your bank account. This may come as shock to many, but the important thing to do at this point is to ensure you have a TIN as the date for implementation has been set for 2nd of January 2020. The minister of finance, Zainab Ahmed, made this known to the public.

If you run a registered business and have dealings with government, there is a likelihood you already have your TIN, so you should not have issues. The idea of this new law is to get more Nigerians into the tax net.

Obtaining TIN is FREE of charge, you should not pay for it. Also there are no age limits in having TIN as teenagers are obliged to pay Tax if they receive income from a company. The only exemptions are on certain thresholds of income.

If you want to verify your TIN or to know if you have one, you can go to the Joint Tax Board website. https://tinverification.jtb.gov.ng