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ActionAid Comments on COP28

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ActionAid Comments on COP28

By: Michael Mike

ActionAid welcomes the operationalisation of the Loss and damage fund at COP28 as an imperfect but important first step toward addressing climate impacts, Teresa Anderson, ActionAid International’s Climate Justice Global Lead, said.

“After 28 rounds of climate talks, the world’s governments have finally agreed to help people whose lives have been devastated by climate disasters. It’s a small ask. But a big moment. With the launch of the Loss and Damage Fund, the world is finally saying “We are in this together”.

“For the communities being pushed deeper into poverty with every disaster that destroys their homes and floods their crops, this moment in Dubai offers hope.”
“The UAE’s contribution of USD100 million is welcome, both for its solid cash and for the pressure it puts on the world’s biggest polluters to also step up and recognise their responsibility for decades of pollution.

“So far the contributions from rich countries have been far less than their fair share, considering they have been polluting for decades.”

“Today’s agreement is an important step but still very much the bare minimum, the story doesn’t end here. Today’s funding announcements have got the ball rolling, and we still need to see more rich countries making real announcements here at COP, to really fill the Fund. And with climate disasters likely to escalate year on year, the need for Loss and Damage Fund financing will only continue to grow. The good news is, we have the means to help if we have the will.”

Brandon Wu, ActionAid USA’s Director of Policy and Campaigns and a civil society observer at the Loss & Damage Transitional Committee meetings this year, said: “This is an imperfect but important step towards filling the massive gap of support that communities in developing countries need to recover and rebuild from climate impacts. The Loss & Damage Fund has some deep flaws because of developed countries prioritizing their own agendas over the needs of impacted communities in poorer countries, even as those same developed countries appear reluctant to put in money at the scale that is needed. The struggle will continue beyond COP28 as the specifics of the Fund must be implemented in a way that is as responsive and accountable to communities as possible, and rich countries must pay up to fix what they have broken.”

“In addition, the conditions that the World Bank accepted in order to host the Loss & Damage Fund show that the Bank is not a fit-for-purpose host institution. However, now that the World Bank has become the agreed host – over strident civil society objections – it must quickly demonstrate that it can meet these conditions, many of which may require significant policy changes within the Bank’s ponderous bureaucracy. We will be watching very carefully to ensure the needed reforms happen promptly. If they do not, the L&D Fund must be moved out of the World Bank immediately.
End

ActionAid Comments on COP28

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Police arrest three suspected kidnappers in Gombe

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Police arrest three suspected kidnappers in Gombe

By: Zagazola Makama

The Gombe State Police Command has arrested three suspected kidnappers following a tip-off from credible intelligence, sources said on Friday.

Police sources said the suspects were apprehended on March 10 at about 10:00 p.m. by operatives working in conjunction with local hunters.

The arrested suspects were identified as Mohammed Abubakar, 29; Mohammed Bello, 23; and Mohammadu Ali, 25, all residents of Galda Village, Fika Local Government Area of Yobe State.

According to the report, the suspects were planning to carry out a kidnapping in an unspecified location in Bauchi State. Upon interrogation, they allegedly confessed to the planned crime.

Police said investigations were ongoing to uncover further details and apprehend any other accomplices involved in the plot.

Police arrest three suspected kidnappers in Gombe

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Youths attack and kill two army officers while responding to dispute in Cross River

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Youths attack and kill two army officers while responding to dispute in Cross River

By: Zagazola Makama

Two army officers, including an intelligence officer, were reportedly killed during a violent clash between youths in a disputed crisis zone between Isabang and Alesi communities in Obubra Local Government Area of Cross River State.

Sources told Zagazola Makama that the incident followed a conflict on March 11 when Ibrahim Musa, a 25-year-old miner from Kusa, who deals in tin ore at Ekuri village, was allegedly beaten by youths at a village checkpoint and had his mined minerals seized.

The miner reportedly reported the attack to soldiers stationed at 245 Battalion, Edor Barracks, near Jenifer Etuh’s Hospital in Ochon. Troops responded by moving into the forest to arrest four youths allegedly involved in the attack.

Residents said other youths blocked the access road to prevent the arrest and attacked the soldiers. In response, they fired which resulted to the injuries of four persons, including Christopher Agara, 27, and Ogobi Egbe, 30, while two others were evacuated for native treatment.

The attack resulted in the deaths of two soldiers.

Additional troops have since deployed additional personnel to restore order in the area, and normalcy has reportedly returned.

Youths attack and kill two army officers while responding to dispute in Cross River

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New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe

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New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe

By: Michael Mike

Chairman of the National Tax Policy Implementation Committee (NTPIC), Joseph Tegbe, has said Nigeria’s new tax regime is structured to reduce the financial burden on workers and small businesses while strengthening the country’s fiscal stability and economic competitiveness.

Speaking at the BusinessDay Tax Reform Conference 2026 themed “Navigating the New Tax Regime: What It Means for Your Wallet,” Tegbe described the reforms as the most far-reaching restructuring of Nigeria’s tax system in decades. He noted that the initiative is aimed at simplifying tax processes, promoting fairness, and creating an environment that supports economic expansion.

According to him, the reforms are anchored on four major legislations — the Nigeria Tax Act, 2025, Nigeria Tax Administration Act, 2025, Nigeria Revenue Service (Establishment) Act, 2025 and the Joint Revenue Board of Nigeria (Establishment) Act, 2025 — which collectively introduce a more coordinated and transparent tax administration framework.

Tegbe explained that the new structure provides targeted reliefs for individuals and small enterprises, ensuring that low-income earners and emerging businesses are not overburdened by taxation.

Under the new regime, individuals earning below ₦800,000 annually will be exempted from personal income tax. Workers will also benefit from a rent relief allowance of up to 20 per cent, capped at ₦500,000, among other incentives designed to ease financial pressure on households.

Small businesses are equally positioned to gain from the reforms. Companies with annual revenues below ₦100 million and assets not exceeding ₦250 million will be exempted from Company Income Tax, while nano-enterprises with annual earnings below ₦12 million will not be required to pay income tax.

Despite these relief measures, Tegbe stressed that individuals and businesses within the exempted thresholds must still maintain proper documentation of their earnings and comply with the requirement to file tax returns.

He noted that beyond the tax reliefs, the reforms will also strengthen institutional coordination among key agencies including the Nigeria Revenue Service, the Joint Revenue Board of Nigeria, the Tax Appeal Tribunal and the Office of the Tax Ombud. He added that increased digitalisation of tax processes will improve transparency, efficiency and compliance across the system.

According to Tegbe, the broader objective of the reforms is to create a tax structure that supports enterprise development, encourages investment and enhances Nigeria’s ability to mobilise revenue for national development without placing excessive strain on citizens.

“The goal is to build a tax system that works for everyone — one that supports government in delivering development while also protecting the financial wellbeing of ordinary Nigerians,” he said.

Other dignitaries at the conference included Executive Secretary of the Joint Revenue Board of Nigeria, Olusegun Adesokan; Acting Executive Chairman of the FCT Internal Revenue Service, Michael Ango; renowned economist Uche Uwaleke; and policy expert Sam Amadi, among others, who also contributed to discussions on the implications of the new tax framework for businesses and households.

New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe

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