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Group urges NASS to pass Tax Crime Commission Bill

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Group urges NASS to pass Tax Crime Commission Bill

Group urges NASS to pass Tax Crime Commission Bill

A group, Association of Concerned Citizens of Nigeria on Revenue and Economy(ACCNRE), has called on the National Assembly to pass the Tax Crime Commission Bill which is before it.

The group said the bill would help the country to witness the tremendous inflow of tax revenue.

Mr Orji Orji, the National Coordinator ACCNRE, disclosed this on Monday in Abuja while briefing newsmen at the National Assembly.

He said if the recommendations and the strategic framework in the bill could be implemented, Nigeria would witness a tremendous inflow of tax revenue of more than 30 per cent ratio to the country’s Gross Domestic Product (GDP).

According to him, no one likes to pay tax, neither does government wants to impose it on its citizens, but no nation can exist without tax.

He said there was the need for the government to take the responsibility of fashioning a fair, efficient and transparent taxation system.

Orji said that the system should be able to guarantee the security and the protection of the taxpayer’s rights.

The News Agency of Nigeria (NAN) reports that the bill is seeking the establishment of National Inspector- General for Tax Crime Commission (NIGTCC).

He said the bane remained a system failure in the nation’s economic management, caused by the inefficient and infective taxation system it has operated.

Orji said, if set up, the NIGTCC would provide policy direction, conduct, supervise and coordinate audit and investigations related to Federal Inland Revenue Service (FIRS) programmes and operations.

He said it would also review existing and proposed legislation and regulations relating to FIRS programmes and operations and make recommendations concerning the impact of such legislation in the administration of the tax laws.

He said it would inform the Auditor-General and the legislature of problems and deficiencies identified and of the steps taken to resolve them.

Group urges NASS to pass Tax Crime Commission Bill

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Investments in circular economy have the potential to increase forex earnings- NESREA DG

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Investments in circular economy have the potential to increase forex earnings- NESREA DG

By: Michael Mike

The Director General of National Environmental Standards and Regulations Enforcement Agency (NESREA), Prof. Innocent Barikor has affirmed that investments in the circular economy value chain have the potential to increase the country’s foreign exchange earnings.

Barikor made this statement recently during a meeting with the management of a plastic packaging recycling (rPET) company, Sonnex in Lagos.

He assured the team that the Nigerian government prioritizes circular economy, noting that the draft National Environmental (Plastic Waste Control) Regulations soon to be gazetted is one of the efforts to strengthen the legal framework for circular economy implementation in Nigeria.

He said: “Circular Economy falls under the Presidential priorities for the Federal Ministry of Environment, and the Minister is very keen on the success. Apart from tackling the problem of waste, green jobs have been created .

“The pellets and flakes you produce and export also generate foreign exchange. The Plastic Waste Control Regulations are awaiting official gazette and once gazetted, we would have connected the dots of the framework to implement circular economy in the plastic sector. We are deeply committed to ensuring the success of Circular Economy.”

Earlier, the Managing Director, Anil Mohinani intimated the NESREA boss on the process for the production of recycled PET bottles (rPET), whilst also highlighting the challenges faced by investors in the sector .

He listed some of the setbacks to include lack of a legal instrument to compel manufacturers in the food and beverage sector to embrace food-grade rPET, unfriendly policies by some foreign companies, and insufficient awareness .

“Europe and America create barriers to protect their international recycling business. There is unfair competition. In some countries such as Kenya, there is encouragement to invest in rPET recycling because there is a regulation in place,” he added.

Investments in circular economy have the potential to increase forex earnings- NESREA DG

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ISWAP Terrorists Kill Hunters’ Leader in Borno

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ISWAP Terrorists Kill Hunters’ Leader in Borno

By: Zagazola Makama

Suspected ISWAP terrorists have killed the chairman of the hunters’ group in Garjang village, Damboa Local Government Area of Borno State.

Sources told Zagazola Makama that the incident occurred at about 5 a.m. on Sunday.

The victim, identified as Habu Dala, 53, was abducted from his home by the terrorists, who took him through Mulharam to Forfot villages in Damboa LGA.

Villagers mobilised in search of Dala and later found his corpse bearing gunshot wounds.

Troops of Operation HADIN KAI, members of the Civilian Joint Task Force (CJTF), and the hunters’ group visited the scene.

The remains were evacuated to the General Hospital, Damboa, where he was certified dead and later released to his family for burial in accordance with Islamic rites.

ISWAP Terrorists Kill Hunters’ Leader in Borno

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Nine Injured in Kwali Farmers–Herders Clash

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Nine Injured in Kwali Farmers–Herders Clash

By: Zagazola Makama

Nine persons sustained machete injuries in a clash between Bassa farmers and Fulani herders in Gomoni Village, Kwali Area Council of the FCT.

Sources told Zagazola Makama that the fight, which broke out on Aug. 9 at about 3:30 p.m., followed alleged destruction of melon and maize farms belonging to the Bassa community by cattle.

It was gathered that the Nigeria army troops
along with joint team of operatives, and vigilantes were deployed to the scene following a distress call.

Six Bassa and three Fulani victims with varying degrees of machete cuts were taken to Rhema Foundation Hospital, Kwali, for treatment.

Authorities confirmed that the situation had been brought under control and normalcy restored, while investigation was ongoing.

Nine Injured in Kwali Farmers–Herders Clash

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