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Germany gives €81m grant to ECOWAS for electricity, others

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Germany gives €81m grant to ECOWAS for electricity, others

By: Michael Mike

The Economic Community of West African States (ECOWAS) has received Germany support in the sum of €81 million grant to address vital areas of development in the subregion

This brings to €500 million, the total Germany’s support over a decade.

The President of ECOWAS, Dr. Omar Alieu Touray made the announcement on Sunday when he received the German Chancellor, Olaf Scholz who is in Abuja on a two day visit to Nigeria.

Touray revealed that the grant will cover peace and security, social protection in the sub-region amongst other things.

The Commission’s President, said: “Recently, we concluded an agreement of €81 million that the government of Germany and the people of Germany has decided to grant ECOWAS to support in various areas.

“The grant will cover areas such as peaceful and inclusive society, climate and energy transition, sustainable and economic development, health, social protection and population. These are important sectors and we appreciate Germany for their support.”

He equally disclosed that ECOWAS and Germany have agreed to work closely to address the numerous challenges facing the sub-region.

Touray during a joint press briefing with the German counsellor, said: ” Your Excellency during our discussion, we talked about the challenges that this region is facing such as insecurity, and infrastructure deficit. We have agreed to continue working together. Our regions are closely linked. What happens in one area affects the other and then we appreciate what Germany is doing individually and through the European Union for supporting this region.

“We are appreciative of the partnership that the region continues to enjoy with Germany and the EU particularly in the area of peace and security, and strong governance.”

On his part, the German Chancellor stressed the need to support the subregion in developing its infrastructure and other institutions, noting that it was important to improve trade exchanges in the subregion.

He said: “These are structures that have to be set up in order to improve the exchange at the level of ECOWAS countries. Strengthen the economic, strengthen power of countries that are united in this organisation.”

He also listed health, peace and security amongst other areas of cooperation with ECOWAS.

The German Chancellor In the area of security, said his country is in support of ECOWAS stand on Republic of Niger.

He stressed that his country does not support the evil take over of government .

He said: “The situation of peace and security in the region is important. The times are turbulent and we have to make sure that in such times peace and security can be provided for and ECOWAS has played an important part in the recent past as far as that is concerned.

” So we particularly value the exchange with ECOWAS on this subject matter. It is about not accepting military coups demanding that a return to constitutional authority takes place and provide for peace and security in the region.

Germany gives €81m grant to ECOWAS for electricity, others

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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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