
Super User
Man uses ChatGPT to challenge traffic violation ticket in court, wins
A 23-year-old Kazakh man recently became the first person in his country to use ChatGPT to successfully challenge a traffic violation ticket in a court of law.
In December of 2024, Kenzhebek Ismailov was driving his mother to the hospital in Almaty, Kazakhstan’s largest city, when the car in front of them stopped for no apparent reason and blocked the entire lane, which happened to be the only car lane on that particular street. The only solutions he could think of were to bypass the stalled car through the bus lane on the right, or simply wait behind the car and hold up the entire lane. He chose the first option, but his maneuver was picked up by surveillance cameras, and he soon received a ticket in the mail. The young motorist tried contesting the ticket and explaining the situation, but his complaint was rejected, so his only other course of action was to go to court. And that’s where the world’s favorite AI model, ChatGPT, comes into play.
Unfamiliar with the subtleties of court and unwilling to spend money on a lawyer to contest a 5,800 tenge ($11) traffic fine, Ismailov turned to ChatGPT for legal assistance. After typing his situation into ChatGPT and mentioning that there was video evidence of his maneuver on the national traffic authority website, the AI tool advised him to challenge the ticket in a court of law and even redacted the paperwork needed to file his case.
Detailing his experience on X (Twitter), Kenzhebek Ismailov said that traffic authority personnel were initially very rude, rejecting his complaint outright and claiming that his decision to pay the fine was essentially an addition of guilt. However, as in many other countries, paying a fine in a certain period of time carries a 50% discount, so even if one plans to contest the fine in court, if they lose, they end up paying only half.
Things changed after Ismailov filed his case in court, and he was contacted by the traffic authority to settle the case by simply deleting the fine from their database and returning the money to him. However, ChatGPT advised him against dropping the lawsuit, so he went to court instead. During a 10-minute hearing where he was asked multiple questions by a judge, the 23-year-old used the speech synthesis function to have ChatGPT answer instead. It did so well that the judge had no choice but to cancel the fine.
“This is probably the first trial in Kazakhstan that was 99% conducted with the help of ChatGPT,” Ismailov said. “During the hearing, I turned on the speech synthesis, and it immediately prompted me how to respond.”
Now, the young motorist, who claims to have only challenged the traffic violation out of principle, because he knew he was right, now plans to use ChatGPT to file a civil lawsuit against the police, demanding compensation for the time he wasted contesting the fine.
Oddity Central
NNPCL approaches final stages of Initial Public Offering
The Nigerian National Petroleum Company Limited (NNPC Ltd) is in the "final" stages of preparing for its initial public offering (IPO), company officials confirmed on Thursday. The state-owned oil company is moving forward with plans to list its shares on the stock market, in compliance with the Petroleum Industry Act (PIA) 2021.
Olugbenga Oluwaniyi, the Chief Finance and Investor Relations Officer (CFIO), revealed that NNPC is currently conducting an "IPO Beauty Parade" to engage with prospective partners. The company is seeking investor relations executives, IPO readiness advisers, and investment bank partners, with the best offers to be selected for each category.
The IPO represents a significant milestone for NNPC, which transformed from a state-run entity to a commercially oriented, profit-driven company in July 2022. This transition was a key provision of the Petroleum Industry Act, officially changing NNPC from a corporation to a limited liability company with government bodies remaining as shareholders.
Originally, the oil industry law required NNPC to list its shares within six months of the law's passage in 2021. However, the company has taken additional time to prepare for the public offering. In February 2023, NNPC completed its legal transition by officially taking over its assets after 46 years of operations as a corporation.
The company now operates independently of state funds and must raise financing on its own. NNPC currently holds joint ventures with major oil companies that produce more than half of Nigeria's oil output. The upcoming IPO will be conducted in line with capital market regulations and the Company and Allied Matters Act (CAMA) 1990.
While an exact timeline for the IPO remains unspecified, the company's officials indicate they are in the final preparatory stages. The public offering will allow investors to purchase shares in what was previously a fully state-owned enterprise, marking a significant shift in Nigeria's oil industry governance.
FG raises N1.94tn from bond markets in Q1 2025
The Federal Government of Nigeria raised N1.94 trillion from bond investors in the first quarter of 2025, according to an analysis of Debt Management Office (DMO) auction results. This amount was significantly lower than the N2.52 trillion raised in the same period last year, reflecting a more measured borrowing approach.
The government initially planned to offer N1.10 trillion in bonds but ultimately allotted N1.94 trillion due to strong investor demand. Total subscriptions reached N2.83 trillion, with more than 70 percent of bids accepted.
Monthly Breakdown:
- January 2025: Offered N450 billion, with bids totaling N669.94 billion
- February 2025: Offered N350 billion, with demand surging to N1.63 trillion
- March 2025: Offered N300 billion, with subscriptions of N530.31 billion
The bond auctions revealed notable market trends. Marginal rates showed significant fluctuation, starting at 21.79 to 22.60 percent in January — a sharp increase from the 15.00 to 16.50 percent range in January 2024. By March, rates had moderated to between 19.00 and 19.99 percent.
Institutional investors demonstrated a strong preference for 7-year and 10-year bonds, typically favored by pension funds and insurance companies due to their long-term liability matching.
The DMO's 2025 strategy marked a shift towards a more targeted approach. Instead of offering multiple bond instruments, the government focused on deepening liquidity in existing bonds and maintaining key benchmark instruments across different tenors.
This conservative borrowing strategy comes amid high interest rates, with the government carefully managing its domestic debt profile. The reduced offer volume and more selective allotment approach suggest a deliberate effort to balance market demand with fiscal prudence.
The bond auctions, which target institutional and high-net-worth investors, do not include the government's separate savings bond programme for retail investors.
Terrorists kill 16 on army base, military outpost in Borno, security sources say
Suspected Islamist fighters launched a coordinated attack on an army base and a military outpost in Borno State, killing at least 16 people, security sources told Reuters.
Boko Haram and Islamic State West Africa Province militants have mainly operated in the northeast of Nigeria, attacking security forces and civilians and killing and displacing tens of thousands of people.
In the latest assault, Boko Haram insurgents and ISWAP fighters struck an army base in the Wajiroko area of Borno State at about 2100 GMT on Monday and set military equipment on fire, the sources said.
One of the soldiers in the Wajiroko brigade said at least four soldiers had been killed and several others injured, including the brigade commander.
Armed fighters in light tactical vehicles also stormed an outpost in Wulgo, a village about 12 kilometres (7.5 miles) from the Cameroonian border town of Fotokol, killing 12 soldiers and injuring a dozen others, Cameroon's Defence Ministry said on Wednesday.
A military source who asked not to be named told Reuters the raid that targeted soldiers who are fighting the insurgency as part of a multinational task force took place between midnight and 3 a.m. local time on Tuesday.
The source added the militants were suspected to have initially launched their attack using drones before advancing with a ground assault. "They looted an important stockpile of weapons," the source said.
Videos shared on social media showed bloodied bodies lying on the ground after the attack, charred patrol vehicles and damaged buildings. Reuters could not independently verify those videos.
A Nigerian army spokesperson did not respond to requests for comment. Cameroon army spokesperson Cyrille Serge Atonfack Guemo confirmed the attack but said the casualty figures were still unclear.
Makinta Modu, a member of a local militia recruited to help the Nigerian army, said in the Wajiroko attack militants overran an army "forward operation base".
"Around 10:30 p.m. (2130 GMT) air force fighter jets came for reinforcement ... and killed many of the ISWAP fighters that captured the military base," Modu said. It was not clear whether the army had regained control over the base.
Although weakened by military assaults and internal fighting over the years, Boko Haram and ISWAP have stepped up attacks on military and civilian targets in Borno this year.
An Islamist insurgency has plagued the northeast of Africa's most populous country for more than a decade, while kidnapping and banditry are rampant in the northwest and gang and separatist violence is common in the southeast.
Reuters
Here’s the latest as Israel-Hamas war enters Day 539
Hamas spokesperson Qanoua killed in Israeli airstrike, says Hamas media
Hamas spokesperson Abdel-Latif Al-Qanoua has been killed in an Israeli airstrike in northern Gaza, Hamas-affiliated media said early on Thursday, the latest group figure to be killed since Israel resumed its operations in the enclave.
Qanoua was killed when his tent was targeted in Jabalia, the Hamas-run Al-Aqsa television said. The same strike wounded several people, while separate attacks killed at least six in Gaza City and one in southern Gaza's Khan Younis, medical sources said.
Later on Thursday, the Israeli military confirmed in a statement that it killed Qanoua, saying that "he served as one of Hamas' key inciters."
Earlier this week, Israel killed Ismail Barhoum, a member of Hamas' political office, and Salah al-Bardaweel, another senior leader.
Both Bardaweel and Barhoum were members of the 20-member Hamas decision-making body, the political office, 11 of whom have been killed since the start of the war in late 2023, according to Hamas sources.
Last week, Israel ended a two-month-old ceasefire by resuming bombing and ground operations, increasing pressure on Hamas to free the remaining hostages in its captivity.
At least 855 people have been killed since Israel resumed major military strikes in Gaza on March 18, according to Gaza's health ministry.
Palestinian health authorities said that at least 30 people have been killed by Israeli strikes across Gaza on Thursday.
Israel and Hamas accused each other of breaching the truce. It had broadly held since January and offered respite from war for the 2.3 million inhabitants of Gaza, which has been reduced to rubble.
Hamas, which still holds 59 of the 250 or so hostages Israel says the group seized in its October 7, 2023 attack, accused Israel of jeopardising efforts by mediators to negotiate a permanent deal to end the fighting.
Israeli Prime Minister Benjamin Netanyahu said he ordered strikes because Hamas had rejected proposals to secure a ceasefire extension. He repeated threats on Wednesday to seize territory in Gaza if Hamas failed to release the remaining hostages it still holds.
Reuters
What to know after Day 1128 of Russia-Ukraine war
RUSSIAN PERSPECTIVE
Putin proposes the UN to temporary govern Ukraine
Russian President Vladimir Putin has suggested discussing the establishment of temporary governance in Ukraine, under the guidance of the UN and several countries. The aim would be to conduct elections in the country since Vladimir Zelensky’s presidential term officially expired in May 2024.
Moscow sees no clear way to sign any agreements with Kiev since “other leaders might come tomorrow,” Putin explained on Thursday night while addressing the sailors of the Arkhangelsk nuclear submarine.
“In such cases, international practice follows a well-known path within the framework of the United Nations peacekeeping activities; several instances have already demonstrated what is referred to as external management or temporary administration”, he suggested.
External powers should facilitate elections in Ukraine to “establish a capable government that has the trust of the people”, Putin stressed. After that, the new Ukrainian government could begin negotiations with Moscow and sign a peace agreement “that would be recognized around the world and will be reliable and stable.”
However, Putin also stressed that temporary governance is only one possible option. “In general, we support resolving conflicts peacefully, including this one, but not at our expense”, he concluded.
The US recently brokered a limited ceasefire between Ukraine and Russia, placing a moratorium on attacks on energy infrastructure. Ukraine’s Zelensky has publicly supported the 30-day partial ceasefire, which is supposed to involve reciprocal suspension of attacks by Kiev’s forces.
The Russian Ministry of Defense, however, has reported multiple Ukrainian violations of the agreement, which it described as aimed at undermining US President Donald Trump’s mediation efforts between Moscow and Kiev.
Kremlin spokesman Dmitry Peskov said on Wednesday that Moscow will honor its obligations despite Ukrainian actions, since the agreement represents positive diplomatic engagement with the Trump administration.
Earlier this week, US officials met separately with Russian and Ukrainian delegations in Saudi Arabia. Following the talks, Moscow said it was willing to revive the Black Sea Grain Initiative, an arrangement that was originally mediated by the UN and Türkiye and expired in 2023.
WESTERN PERSPECTIVE
Europeans back strong Ukraine army, differ on future 'reassurance force'
European leaders vowed on Thursday to strengthen Kyiv's army to ensure it was the cornerstone of future security in Ukraine, while France and Britain tried to expand support for a planned foreign "reassurance force" in the event of a truce with Russia.
It was the third summit of what Britain and France have called the "coalition of the willing", reflecting concern among Europeans that the U.S. no longer represents a bulwark of support for Ukraine's three-year-old fight against Russian invasion.
Progress on what role Europe might play in providing peacetime security guarantees is proving difficult with the prospect of a ceasefire distant and much dependent on how Russia responds and to what extent the U.S. would support its allies.
President Volodymyr Zelenskiy said building up Ukraine's armed forces through additional funding was an important part of the conversation.
A Franco-British military delegation will soon head to Ukraine to consider how its army could take shape in the long term. Danish Prime Minister Mette Frederiksen told reporters a Ukrainian army of between 500,000 and 1 million would be a first line of defence in the event of a peace deal.
Zelenskiy told reporters he had been encouraged by the promises for now and after the war.
"It’s obvious that the strength and size of the Ukrainian army will always be a key guarantee of our security. So we need to build everything around that – our defence forces, their equipment, their technology, their effectiveness – this is the foundation," he said after more than four hours of talks with some 30 leaders.
British Prime Minister Keir Starmer, who co-hosted with French President Emmanuel Macron, said leaders had agreed Ukraine needed more support to be in the strongest possible position for any peace process, without elaborating.
Beyond France committing some 2 billion euros ($2.2 billion) in new aid, including warplanes and missiles, there were no specific announcements.
Europe is under pressure from U.S. President Donald Trump to assume much more of its own security burden, but the continent's anaemic growth and high levels of debt have complicated the task.
FRANCE AND BRITAIN TRY TO MARSHAL EUROPEAN FORCE
Paris and London have already been working for weeks with allies on plans for a future land, air and sea "reassurance force", which could include troops based in Ukraine, to deter Russia from future aggression once there is a peace deal.
But diplomats say sending such a force to Ukraine itself is not the likeliest outcome, although bolstering NATO forces in neighbouring countries could be an option.
Even so, Macron was adamant the force would eventually come together and said Europe should prepare to go ahead even if U.S. support was lacking.
He said a number of countries had agreed to pursue the idea of sending troops, some could contribute air and maritime assets, and others remained opposed.
"It was not unanimous today, as we all know - and we don't need unanimity," Macron told a news conference.
He said one task for the British and French military delegations was to better understand Ukraine's needs, including where reassurance forces should be deployed.
"There are many questions about the modality of this contingent," Zelenskiy said. "So far, there are few answers."
Governments have said any European force would need its own U.S. security guarantees as a backstop, but there has so far been no sign that the Trump administration would provide those.
The United States did not attend the meeting but Macron said he would share the results with Trump.
"We need to accelerate our ability to finance, deliver weapons and prepare the outline of the Ukrainian army and the outline of the reassurance force," Macron said.
Some European allies have baulked at the prospect of sending troops without U.S. guarantees and an international mandate. They worry about the cost, about shortages of manpower and equipment, and about the prospect of ending up fighting Russia.
"The debate on sending troops from concrete countries is premature," Czech Prime Minister Petr Fiala told reporters.
"The idea still is that, if we debate something like that in Europe, there should be some kind of a safeguard from the United States."
Italian Prime Minister Giorgia Meloni said Washington should be invited to future talks, according to her office.
There was broad agreement at the summit that it would be a strategic error to ease sanctions on Russia prematurely. Moscow has made the easing of certain sanctions a condition for a Black Sea ceasefire deal to take effect.
RT/Reuters
The debt noose: Why does Africa remain trapped? - Moussa Ibrahim
In late February 2025, a group of former African heads of state and finance experts gathered in Cape Town, South Africa, to sign the Cape Town Declaration – a bold call for a comprehensive debt relief program for African nations. This initiative, led by the African Leaders Debt Relief Initiative (ALDRI), comes at a time when Africa’s economy is shackled by a debt burden that is suffocating development, forcing governments to prioritize repayments to Western and private creditors over essential services like education, healthcare, and infrastructure.
The numbers are staggering. As of 2021, Africa’s external debt had skyrocketed to $824 billion, with many countries spending over 60% of their GDP servicing these loans. In 2025 alone, Africa is projected to spend $74 billion on debt repayments – money that could instead fund schools, hospitals, and roads. But this crisis is not a simple case of financial mismanagement; it is a direct continuation of a system of economic subjugation that was established during colonial rule and perfected in the post-independence era through institutions like the International Monetary Fund (IMF) and the World Bank.
For decades, African nations have fought to break free from Western economic dominance, and many visionary leaders have proposed radical solutions to liberate the continent. Among the most ambitious efforts were those led by Muammar Gaddafi, who sought to establish a gold-backed African currency, an African Central Bank, and an African Organization of Natural Resources – initiatives that, had they succeeded, could have ended Africa’s dependence on Western financial institutions.
The colonial origins of Africa’s debt crisis
Africa’s modern debt crisis cannot be understood without revisiting its colonial past. European powers extracted resources worth trillions of dollars from the continent while offering little in return in terms of industrial development. When independence movements swept across Africa in the mid-20th century, colonial powers did not simply leave. Instead, they imposed odious debts on newly independent nations, ensuring their continued economic dependence.
Take, for example, the case of the Democratic Republic of the Congo (DRC). When Belgium finally relinquished its grip on the country in 1960, it left behind a destroyed economy and almost no national wealth. Patrice Lumumba, the first prime minister, attempted to nationalize the country’s resources to benefit its people. The response from the West? A CIA-backed coup that led to his assassination. In his place, the US and Belgium installed Mobutu Sese Seko, who accumulated billions in debt while plundering national wealth. The people of the DRC are still paying for this crime.
During the 1980s and 1990s, the IMF and World Bank imposed Structural Adjustment Programs (SAPs) on African nations, forcing them to slash public spending, privatize state enterprises, and open their economies to foreign investors. These policies, disguised as “economic reforms,”crippled Africa’s public sector, increased unemployment, and destroyed local industries – while Western corporations made a fortune.
The debt trap today: A modern form of colonialism
Fast forward to 2025, and Africa remains trapped in an economic structure that benefits Western financial institutions, multinational corporations, and private creditors. According to the African Development Bank (AfDB), nearly 49% of Africa’s debt is now held by private lenders (expected to rise to 54%). Unlike concessional loans from the AfDB or the World Bank, these private loans come with interest rates that are five times higher than those paid by Western nations.
And then there’s the “Africa premium” – the absurd phenomenon where African countries are charged higher interest rates despite having lower default rates than Western economies.
AfDB President Akinwumi Adesina has repeatedly condemned this financial racism, stating, “There is no economic justification for why Africa, which has some of the lowest default rates, should be punished with higher borrowing costs.”
Gaddafi’s vision: Africa’s path to economic sovereignty
Not all African leaders have accepted this system of economic servitude. Some have tried to overthrow the Western-controlled financial order, and none more so than Muammar Gaddafi. It is in fact undeniable that Gaddafi was one of the most visionary proponents of African economic independence.
Gaddafi’s most radical proposal was the creation of an African currency backed by gold, known as the Gold Dinar. This would have eliminated Africa’s dependence on the US dollar and euro, allowing African nations to trade with one another in a currency based on their own resources.
Western powers understood that such a move would undermine the supremacy of their financial systems. A leaked Hillary Clinton email revealed that one of the main reasons for NATO’s intervention in Libya in 2011 was to prevent Gaddafi from launching the gold-backed currency.
Gaddafi also proposed an African Organization of Natural Resources (AONR), an institution that would have unified Africa’s resource management and ensured that the continent’s wealth was controlled by Africans, not foreign corporations. And his most ambitious economic project was the establishment of an African Central Bank (ACB), headquartered in Nigeria. The ACB would have served as an alternative to the IMF and World Bank, issuing African currencies and financing development without reliance on Western financial institutions.
A strategic shift: Africa and BRICS
If Africa is serious about breaking free from Western economic hegemony, it must seek alliances beyond the West, and BRICS offers the best alternative. BRICS nations represent a significant share of global economic power, controlling over 31.5% of global GDP (PPP) as of 2024, surpassing the 30% held by the G7.
Why BRICS? First of all, it gives access to alternative financing: the New Development Bank (NDB), established by BRICS, provides loans without the colonial-style conditionalities of the IMF and World Bank. Then, it can build a way to reduce dollar dependence, as BRICS is actively promoting trade in local currencies, which aligns with Africa’s own push for currency independence.
We also speak of technology transfer and industrialization: China and India, as emerging industrial giants, can provide investment in infrastructure and technology transfer without the exploitative conditions imposed by the West.
Apart from that, BRICS means fairer trade terms, because, unlike Western trade agreements, which favor multinational corporations, BRICS partners have shown more willingness to negotiate mutually beneficial deals.
Africa must not simply replace Western dependency with another form of subservience. The relationship with BRICS must be strategic, ensuring Africa gains real leverage. First, African nations must demand technology transfer instead of being raw material suppliers. Then AfCFTA (African Continental Free Trade Area) should be expanded to create a strong internal African market before seeking external trade partnerships. And finally, Africa should collectively negotiate with BRICS rather than entering fragmented, nation-by-nation agreements that weaken its position.
The struggle continues
The West killed Gaddafi’s dream of economic independence, but it remains Africa’s duty to resurrect it. The 21st century must be about dismantling financial colonialism – and forging new alliances that serve African interests. BRICS offers a promising alternative, but ultimately, Africa’s economic liberation must come from within. The continent must unite, own its resources, control its currency, and dictate its economic future – or remain forever shackled to the whims of foreign creditors.
RT
Bill Gates: Within 10 years, AI will replace many doctors and teachers—humans won’t be needed ‘for most things’
Tom Huddleston Jr.
Over the next decade, advances in artificial intelligence will mean that humans will no longer be needed “for most things” in the world, says Bill Gates.
That’s what the Microsoft co-founder and billionaire philanthropist told comedian Jimmy Fallon during an interview on NBC’s “The Tonight Show” in February. At the moment, expertise remains “rare,” Gates explained, pointing to human specialists we still rely on in many fields, including “a great doctor” or “a great teacher.”
But “with AI, over the next decade, that will become free, commonplace — great medical advice, great tutoring,” Gates said.
In other words, the world is entering a new era of what Gates called “free intelligence” in an interview last month with Harvard University professor and happiness expert Arthur Brooks. The result will be rapid advances in AI-powered technologies that are accessible and touch nearly every aspect of our lives, Gates has said, from improved medicines and diagnoses to widely available AI tutors and virtual assistants.
“It’s very profound and even a little bit scary — because it’s happening very quickly, and there is no upper bound,” Gates told Brooks.
The debate over how, exactly, most humans will fit into this AI-powered future is ongoing. Some experts say AI will help humans work more efficiently — rather than replacing them altogether — and spur economic growth that leads to more jobs being created.
Others, like Microsoft AI CEO Mustafa Suleyman, counter that continued technological advancements over the next several years will change what most jobs look like across nearly every industry, and have a “hugely destabilizing” impact on the workforce.
“These tools will only temporarily augment human intelligence,” Suleyman wrote in his book “The Coming Wave,” which was published in 2023. “They will make us smarter and more efficient for a time, and will unlock enormous amounts of economic growth, but they are fundamentally labor replacing.”AI is both concerning and a ‘fantastic opportunity’
Gates is optimistic about the overall benefits AI can provide to humanity, like “breakthrough treatments for deadly diseases, innovative solutions for climate change, and high-quality education for everyone,” he wrote last year.
Talking to Fallon, Gates reaffirmed his belief that certain types of jobs will likely never be replaced by AI, noting that people probably don’t want to see machines playing baseball, for example.
“There will be some things we reserve for ourselves. But in terms of making things and moving things and growing food, over time those will be basically solved problems,” Gates said.
AI’s development does come with “understandable and valid” concerns, Gates wrote in a 2023 blog post. Today’s top-of-the-line AI programs are rife with errors and prone to enabling the spread of falsehoods online, for example.
But if he had to start a new business from scratch, he’d launch an “AI-centric” startup, Gates told CNBC Make It in September 2024.
“Today, somebody could raise billions of dollars for a new AI company [that’s just] a few sketch ideas,” he said, adding: “I’m encouraging young people at Microsoft, OpenAI, wherever I find them: ‘Hey, here’s the frontier.’ Because you’re taking a fresher look at this than I am, and that’s your fantastic opportunity.”Gates predicted AI’s potential years ago
Gates saw the AI revolution coming nearly a decade ago: When asked which industry he’d focus on if he had to start over from scratch, he quickly chose AI.
“The work in artificial intelligence today is at a really profound level,” Gates said at a 2017 event at Columbia University alongside Berkshire Hathaway CEO Warren Buffett. He pointed to the “profound milestone” of Google’s DeepMind AI lab creating a computer program that could defeat humans at the board game Go.
At the time, the technology was years away from ChatGPT-style generative text, powered by large language models. Yet by 2023, even Gates was surprised by the speed of AI’s development. He’d challenged OpenAI to create a model that could get a top score on a high school AP Biology exam, expecting the task to take two or three years, he wrote in his blog post.
“They finished it in just a few months,” wrote Gates. He called the achievement “the most important advance in technology since the graphical user interface [in 1980].”
CNBC
Nigeria Customs announces two-year tariff exemption for pharmaceutical raw materials
The Nigeria Customs Service (NCS) has announced a two-year exemption from import duty and Value Added Tax (VAT) for critical raw materials used in pharmaceutical production, as part of a presidential initiative to boost local healthcare manufacturing.
Key Details of the Exemption
The tariff relief, authorized by President Bola Tinubu and implemented through the Minister of Finance, Olawale Edun, covers:
- Active Pharmaceutical Ingredients
- Excipients
- Packaging materials
- Long-Lasting Insecticidal Nets
- Rapid Diagnostic Kits
- Reagents
Eligibility Criteria
The exemption is specifically targeted at:
- Manufacturers recognized by the Federal Ministry of Health and Social Welfare
- Companies with a valid Tax Identification Number
Monitoring and Transparency
The Nigeria Customs Service has committed to:
- Compiling quarterly reports on importations
- Tracking details of importers, quantities, and values of imported items
- Ensuring the policy meets its intended objectives of strengthening local healthcare infrastructure
Purpose of the Initiative
The government aims to:
- Reduce the cost of medical equipment and consumables
- Stimulate local investments
- Enhance local manufacturing of healthcare products
NCS National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada, emphasized that the policy requires collaboration from importers, manufacturers, and government agencies to successfully develop Nigeria's healthcare sector.
The exemption will be in effect for two years, providing a significant opportunity for local pharmaceutical manufacturers to expand and improve healthcare product production.
FG declares Monday and Tuesday public holidays for Eid-el-Fitr
The Federal Government has announced Monday and Tuesday as public holidays to celebrate this year’s Eid-el-Fitr, marking the end of Ramadan.
The Permanent Secretary of the Ministry of Interior, Magdalene Ajani, made the declaration in a statement issued on Wednesday.
Eid-el-Fitr, a major Islamic festival, is observed by Muslims worldwide after completing 29 or 30 days of fasting during Ramadan.
In his message, the Minister of Interior, Olubunmi Tunji-Ojo, called on Muslims to uphold the values of self-discipline, compassion, generosity, and peace. He stressed the importance of love, forgiveness, and unity in fostering a harmonious society.
Tunji-Ojo also urged Nigerians to pray for the nation’s peace, stability, and prosperity during the festive period, adding that Eid-el-Fitr should serve as a reminder of unity and collective progress.
The minister encouraged citizens to celebrate responsibly while extending kindness to the less privileged through charity, in line with the spirit of Ramadan and Eid.
On behalf of the Federal Government, he extended warm Eid Mubarak wishes to all Muslim faithful, praying that the blessings of the season bring joy, success, and fulfillment to everyone.