Connect with us

News

NDUME THE PETREL AND TINUBUS TAX REFORMS OF TROUBLE.By: Inuwa Bwala

Published

on

NDUME THE PETREL AND TINUBUS TAX REFORMS OF TROUBLE.By: Inuwa Bwala

Intrigues, intimidation, blacknail,bribes, and lobbying were said to be part of the strategies used in the moves to get the 4 Tax Reform Bills presented to the National Assembly by President Bola Ahmed Tinubu passed.

Unconfirmed reports had it that, Senators were offered N50m each, while N30m was dangled before each member of the House of Representatives.

Recalcitrant Senators and members were either threatened or blackmailed, even as President Bola Ahmed Tinubu’s foot soldiers employed lobbying tactics to get the bills passed.

But like the infamous Third Term Bill of the Olusegun Obasanjo era, the bills seem to be heading for the dustbin. Nigerians, especially Northerners, have never been so united in opposing a particular government policy, as they did over the obvious ill-fated tax reform bill of President Bola Ahmed Tinubu.

In what could be described as a courageous stance against their own government, members of the rulling All Progressives Congress, APC, were in the vanguard of campaigning against the bill and may eventually shoot it down.

Both Senators and members of the House of Representatives, seem to tow the lines of the Northern Governors Forum, the Arewa Consultative Forum and the National Economic Council: all of whom advocated for the withdrawal of the bills, to allow for wider consultations and Public sensitization.

To them, the tax reform bills are delicate and require a deeper reflection on the mood and socio-economic realities of the country, before presentation, and passage.

In the face of attempts by their leadership to have the bills sail through, the lawmakers were vehement in opposing the passage of the bills, arguing that the mood of the country and the socio- economic realities in Nigeria cannot accommodate the assumed bebefits.

The petrel in the red chambers, Senator Mohammed Ali Ndume: who represents Borno South Senatorial District, seem to have spoken the minds of other Nigerians, in the crusade against the tax bills.

To him, the benefits of the bill were only apparent to the President and his tax reform experts, but the generality of Nigerians are bound to suffer in the long run, if the bills are allowed.

Ndume, during plenary and in an interview with Channels Televission insists that the seeming desperation on the part of the leadership of National Assembly smacks of a plot to further deprive Nigerians of the dividends of democracy.

Ndume’s position was re-echoed in the House of Representative, where members shouted down attempts by the Speaker, Honorable Abbas, to get a soft landing for the bills.
While the Senate President, Godswill Akpadio seem to have had his way with the bills, using the gavel: referring all four bills to the Finance Committee, the story with the House of Representatives is a different ball game.

Debates on the bill have been differed for Tuesday in the House of Representatives apparently buying time to further lobby. But most vocal memberst of the house: names with held told me in confidence that, since the law requires the passage of the bills by both chambers of the National Assembly, any action taken by the Senate will be an exercise in futility, as the House of Representative is determined to shoot the bills down.

Whatever becomes the fate of the President’s four tax reform bills, it is clear that, the Executive and the leadership of the National Assembly may have their ways but as Senator Ndume said, the lawmakers will have their says.

NDUME THE PETREL AND TINUBUS TAX REFORMS OF TROUBLE.By: Inuwa Bwala

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NGX boss restates commitment to gender equality

Published

on

NGX boss restates commitment to gender equality

The Group Chairman Nigerian Exchange Group, Dr. Umaru Kwairanga has restated the NGX’s commitment to gender equality and diversity at all levels of the organisation.

Kwairanga stated this in Lagos on Tuesday while delivering his welcome address on the occasion of the closing ceremony in honour of the Honourable Minister of Women Affairs and Social Development, Hajiya Imaan Sulaiman-Ibrahim, who visited the floor of the Nigerian Exchange.

He stated that the Nigerian Exchange Group as an organisation remained committed to inclusiveness that drive growth and development at all levels of the NGX’s dealings.

He stated that through such inclusive representation, the NGX has achieved near parity at the board levels of the organisation and was working to improve the representation of female employees down the line.

“As an institution committed to sustainable growth and practices, we recognise the important qualities and values that women bring to the workplace and know that they perform just as well, if not better than men.

“It is a tradition in finance and investment that can be traced to the origins of the banking, finance and investment professions when most of the trade guilds that evolved into those professions were largely composed of men.

“The tradition has persisted for hundreds of years but despite that nomenclature, let me assure you that the investment and securities sector is very welcoming to and open to city gentlemen who are female.

“Women are very well represented at all levels of our industry and I can confide in you that the next President of the Chartered Institute of Stockbrokers is going to be a woman,” he said.

Kwairanga stated that the NGX would partner with the Ministry to accelerate progress for women’s rights and improve the lot of female gender across the country.

He commended Sulaiman-Ibrahim for her several bold and innovative initiatives that would have positive impact on women and the country as a whole.

NGX boss restates commitment to gender equality

Continue Reading

News

Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

Published

on

Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

By: Zagazola Makama

Troops of Sector 1 Operation Wirld Stroke deployed at FOB Bilawa-Jor conducted a fighting patrol within Mbapa and Mbabuande general areas on March 23, 2026.

During the operation, troops made contact with terrorists, neutralizing one suspect while others fled.

Following a pursuit, four additional suspects were apprehended and are currently in the custody of security forces for further investigation and prosecution.

In a similar development the troops
recovered a vehicle carrying two cows abandoned by suspected cattle rustlers in Uhemba.

The incident occurred at about 0348hrs on March 24, 2026, when the troops responded to intelligence reports of rustling activities in the area.

Upon the arrival of troops, the suspects fled, leaving behind the vehicle and livestock.

The recovered vehicle and cows are now in the custody of the troops for further investigation and legal action.

Military continue to urge the public to provide timely information on criminal activities to support ongoing security efforts.

Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

Continue Reading

News

Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

Published

on

Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

By: Zagazola Makama

Troops of 12 Brigade have neutralized a suspected terrorist during a fighting patrol at Odoape–Adankolo Forest in Kabba/Bunu LGA.

The encounter occurred at about 1400hrs on March 23, 2026, when the patrol team made contact with the fleeing suspect.

Preliminary investigation identified the neutralized individual as a notorious terrorist involved in providing intelligence and targets for kidnappings, as well as participating in cattle rustling and supplying logs to terrorist groups.

The military has reaffirmed its commitment to sustaining aggressive patrols and intelligence-led operations to curb criminal activities and protect residents in the area.

Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

Continue Reading

Trending

Verified by MonsterInsights