News
Electronic Motorbikes Available In Nigeria By Q1 2023
Electronic Motorbikes Available In Nigeria By Q1 2023
By Michael Mike
Nigerians are to have the pleasure of having electronic motorbikes as Isreali and Japanese tech companies have signed a Memorandum of Understanding (MoU), with NASENI PAN to assemble them in the country by the first quarter of 2023.
The Isreali Ambassador to Nigeria, Michael Freeman at the official launch and signing of the MoU on the introduction of electronic motorcycles into the Nigerian market by 2023 on Thursday in Abuja, said: “Today we are launching a real exciting project, a project that is a partnership between isreali and Japanese companies taking place in Nigeria.
“The project is timely because it will create a project that will work for Nigeria. We are talking bringing in electric motorcycles into Nigeria which will be a programme of green environment, cheaper way of transport, safer way of transport, it even has within it a technology that can help ensure that the motorcycles are only used for legal and appropriate means.
“Launching of electronic mobile motor cycles with devices that can detect illegal activities. Here we have isreali and Japanese tech companies with Nigerian entrepreneurs.”
The Executive Vice Chairman NASENI, Prof. Mohammed Haruna said, “We are the technology house of Nigeria, in the past, attempts to domesticate certain technologies in this country especially the automobile industry has not worked.
“NASENI has come into this partnership; Nigeria will not just be consuming this technology; we are here to ensure that we domesticate, produce and manufacture in Nigeria. We are Nigerians that after this collaboration the automobile industry will never be the same again.”
Chairman PAN, Ahmed Aliyu, said,
“This day is historic and memorable because NASSENI has set the ball rolling, technically NASENI has been ingenious. It has opened up the technological environment in Nigeria. And this partnership between Israel, Japan, NASENI with PAN as a facility where the assembling will be done.
The Chief Executive Officer of Wichtec, Chido Nwankwo, “If you look at what is happening all over the world right now you see that energy has become an issue. And this technology will go a long way to ease off the cost of movement and our duty is to take it to other parts of Africa.”
Chief Innovating Officer, Musashi Seimitsu, Toshihisa Otsika, “We been working for automobiles for the past 40 decades and we want to contribute to the African economy. What we want to achieve is to make Africa self sustainable through our product.”
Director of Paramera, Ayul Faz,
“We believe this is going to change so many things in Nigeria, it will improve transportation, greener energy and create jobs because we are going to build and assembly plant here in Nigeria”
Collins Igwe, a representative of
Heritage bank said, “We are very happy that they are bringing a technology that is not currently in this part of the world and we are very happy and hopeful that it will create jobs.”
Deputy CEO of SIXAI, Sasi Shilo, in his contribution said, “Our vision is to solve problems in the technology ecosystems. We plan to bring technology that will improve the finance service and reduce air pollution in Africa.”
News
Police arrest three suspected kidnappers in Gombe
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
News
Youths attack and kill two army officers while responding to dispute in Cross River
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
News
New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe
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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