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NO PART OF TAX REFORM BILLS RECOMMENDS SCRAPPING TETFUND, NASENI, AND NITDA…NO PROVISION WILL IMPOVERISH THE NORTH
STATE HOUSE PRESS STATEMENT
NO PART OF TAX REFORM BILLS RECOMMENDS SCRAPPING TETFUND, NASENI, AND NITDA…NO PROVISION WILL IMPOVERISH THE NORTH
By: Bayo Onanuga
Since the public debate around the transformative tax bills before the National Assembly began in the last few weeks, various political actors and commentators have tried to obfuscate the facts, deliberately misinforming and misleading the public.
Unfortunately, most reactions are not grounded in facts, reality, or sufficient knowledge of the bills. While some commentators have attempted to incite the people against lawmakers, others have polarized one section of the country against another.
The tax reform bills will not make Lagos or Rivers more affluent and other parts of the country, as recklessly canvassed, poorer. The bills will not destroy the economy of any section of the country. Instead, they aim to enhance the quality of life for Nigerians, especially the disadvantaged, who are trying to make a living.
Contrary to the lies being peddled, the bills do not suggest that NASENI, TETFUND, and NITDA will cease to exist in 2029 after the passage of the bills.
Government agencies, such as NASENI, TETFUND, and NITDA, are funded through budgetary provisions with company income tax and other taxes paid by the same businesses that are being overburdened with the special taxes.
One reason President Bola Tinubu embarked on the Tax and Fiscal Policy Reforms is the need to streamline tax administration in Nigeria and make the operating environment conducive for businesses.
For decades, businesses, investors, and private sector players in Nigeria have complained of being overburdened by a myriad of taxes and levies, including those earmarked to fund various government agencies and initiatives.
The multiple taxes complicate the economic environment, making Nigeria uncompetitive for investment and preventing many businesses from growing or continuing their operations. Some companies have had to make the rational decision to relocate to other countries. We can not continue on this path or wait for 20 years if this country is to deliver the prosperity we need for our people.
The proposal, as contained in section 59(3) of the Nigeria Tax Bill, only seeks to consolidate some of the earmarked taxes imposed on companies and replace them with a single tax to be shared with the key agencies as beneficiaries in a phased manner until 2030.
The time frame offers ample opportunity for the affected agencies to explore other funding sources in addition to budgetary allocations in line with the constitution and international best practices.
It is a misrepresentation of facts to conclude that changing an agency’s funding source amounts to scrapping it. None of the countries leading globally in education, science, engineering, or information technology have similar earmarked taxes.
The government imposes major taxes, be it income tax, consumption tax, or other taxes, to channel resources to its areas of priority at the time. Imposing a separate tax to fund an agency is an aberration that has yet to yield results despite the huge burden on businesses. The tax bill seeks to address this problem.
Relevant stakeholders and public analysts owe it a duty to properly educate themselves about the bills’ contents and avoid misleading the public for any reason. We may be entitled to our opinions, but such views must be informed and based on facts, not emotions targeted at inflaming passions.
In a period like this, when our people across the country look up to leaders for guidance and direction on matters of public importance, such as the Tax Reform Bills, leaders should be more measured in their public utterances to avoid heating the polity and polarising the country unduly.
President Tinubu welcomes the public interest these bills have generated. He encourages leaders across the country, including Governors, Traditional rulers, Civil Society Activists, Students, trade associations, professional associations, and the general public, to take advantage of the Public Hearings that the National Assembly will organise to present their views on how best to reform our taxes and fiscal regime.
What is never in doubt is the imperative of changing the existing tax laws and administration that have become obsolete and unhelpful in achieving the growth and development we desire for our country.
NO PART OF TAX REFORM BILLS RECOMMENDS SCRAPPING TETFUND, NASENI, AND NITDA…NO PROVISION WILL IMPOVERISH THE NORTH
News
Borno State Councillors endorse Tinubu/Kashim for a second term
Borno State Councillors endorse Tinubu/Kashim for a second term
By: Bodunrin Kayode
The forum of Councillors in Borno State have endorsed the enthronement of President Bola Tinubu for a second term
The Councillors all from the All Progressive Congress (APC) gave the endorsement during a news conference in Maiduguri on Friday led by their Chairman of the Forum Kellum Geshehu.
While endorsing the Tinubu-Shettima Ticket for 2027, they said that they were pleased with the developmental projects of President Bola Tinubu and their son Senator Kashim Shetima who they say equally deserves a second term for pleasing the masses with basic dividends.
They maintained that as grassroot politicians who understood the pains of the masses especially when the subsidies were removed, it was clear that the economic policies applied by the party at the National level has given rise to massive production of foodstuffs and the reduction of prices of basic staples which before now were beyond the reach of a lot of people.
“We also express our profound satisfaction with the progress of the Government under the leadership of His Excellency, President Bola Tinubu. We see the Renewed Hope Initiative gradually yielding fruits for Nigerians.
“We specifically thank Mr. President for the confidence and trust in our son, His Excellency, Vice President Sen. KashimShettima, who has proven to be a dedicated, loyal, and capable partner in development.
“Therefore, the Borno State Supervisory Councillors Forum unanimously endorse the Tinubu-Shettima ticket for the 2027 Presidential election. We strongly support the President to retain Vice President Sen. KashimShettima as mate for the 2027 Presidential ticket, ensuring continuity and socio-economic gains currently being achieved in our great country.”
The councillors gave the endorsement based on the fact that the APC party under Professor Babagana Zulum has been doing well in his second term in Borno state following in the footsteps of the party at the national level.
They named sectors like Agriculture, education and the health sector as major areas of achievement of the academic turned politician Governor Babagana Zulum who has been a trailblazer in developmental projects in the state.
Borno State Councillors endorse Tinubu/Kashim for a second term
News
Boko Haram, ISWAP reconcile with Bakoura Doro faction in North-East, forge alliance
Boko Haram, ISWAP reconcile with Bakoura Doro faction in North-East, forge alliance
By: Zagazola Makama
In a major development that could reshape the security landscape in the North-East, Boko Haram and the Islamic State of the West African Province (ISWAP) have reconciled with the Bakoura Doro faction after years of bloody rivalry.
Zagazola Makama gathered that the reconciliation, according to credible intelligence marks a significant shift in the dynamics of the insurgency that has ravaged Borno and neighbouring states for over a decade.
Boko Haram, officially known as Jama’at Ahl al-Sunna li al-Da’wa wa al-Jihad (JAS), and ISWAP reportedly reached a truce with the Bakoura Doro group on Thursday, after weeks of internal negotiations aimed at consolidating their fighting strength and realigning their operational commands.
However, ISWAP leaders maintained their position of hostility toward the Abubakar Shekau faction, now under the command of Ali Ngulde, whose loyalists are entrenched in the Mandara Mountains along the Nigeria–Cameroon border.
According to field sources, ISWAP commanders used the meeting to warn their fighters against indiscriminate killings of local residents, citing the incident in Kirawa where innocent civilians were executed in error.
The group reiterated that attacks should only target government-backed militias and members of the Civilian Joint Task Force (CJTF), whom they accused of bearing arms against them.
Despite this rhetoric of restraint, both ISWAP and Boko Haram factions vowed to intensify their campaign of violence, with Boko Haram operatives under Bakoura Doro reportedly planning a renewed wave of kidnappings-for-ransom and bloodletting in vulnerable communities across Borno, Yobe, and Adamawa states.
Security analysts view this reconciliation as a troubling development that could embolden the insurgents to regroup, and coordinate large-scale attacks against both military and civilian targets.
“The reconciliation between ISWAP and Bakoura Doro’s faction effectively closes one of the key internal cracks that previously weakened the insurgency. It allows them to pool resources, fighters, and logistics, which may translate to renewed offensives, particularly in border areas and ungoverned spaces.
Meanwhile, the Nigerian military continues to sustain pressure on terrorist enclaves through coordinated land and air operations, with the goal of preventing the insurgents from re-establishing control over liberated territories.
As the insurgents’ alliance solidifies, analysts caution that Nigeria and its regional partners must strengthen intelligence sharing, border control, and community engagement to mitigate the security risks posed by this new wave of jihadist consolidation.
Boko Haram, ISWAP reconcile with Bakoura Doro faction in North-East, forge alliance
News
Troops humiliate ISWAP in Ngamdu, kill 15 terrorists in ngamdu battle
Troops humiliate ISWAP in Ngamdu, kill 15 terrorists in ngamdu battle
By: Zagazola Makama
In yet another demonstration of tactical superiority and resilience, troops of Operation Hadin Kai have repelled a coordinated attack by Islamic State West Africa Province (ISWAP) terrorists on Ngamdu in Kaga Local Government Area of Borno State, killing 15 insurgents and uncovering their mass grave.
Zagazola Makama learnt that the attack, which occurred in the early hours of Friday, was described by military sources as “one of the most daring but costly misadventures” by ISWAP fighters, who launched simultaneous assaults on troops from three different flanks.
According to reliable sources, the terrorists began the offensive from the Gonori axis around 3 a.m., apparently to divert troops’ attention from their main objective. The diversionary assault was swiftly contained by the gallant troops, forcing the attackers to retreat with casualties.
The second wave of attack, launched along the Maiduguri–Damaturu highway, involved the use of command Improvised Explosive Devices (IEDs), rocket-propelled grenades.
Despite the intensity of the assault, troops advancing from Benisheikh managed to charge through the ambush position, though one Mine-Resistant Ambush Protected (MRAP) vehicle sustained damage to its engine and tyres.
The third flank of the attack targeted Alpha Company’s defensive location near the main supply route, but despite minor infiltration into their outer perimeter, the soldiers held their ground firmly and neutralized several of the attackers in close-quarter combat.
The sources said four soldiers paid the supreme price while three were wounded in action during the encounter.
Subsequent intelligence gathered from local sources revealed that ISWAP fighters conducted a mass burial for 15 of their slain members at Bula Wura village near Wasaram, less than 24 hours after the failed operation.
“The attack was well-coordinated but the response was even more professional. The terrorists came in waves, using multiple tactics, but our men held their ground and made them pay heavily,” said one military sources.
The military has also intensified clearance operations along the Maiduguri–Damaturu highway after terrorists planted IEDs to delay reinforcements. The road was temporarily closed for demining operations to ensure the safety of commuters.
As the military continues to dominate the theatre of operations, local communities are beginning to express renewed confidence in the ongoing counter-terrorism efforts, which have seen a steady decline in insurgent activities across major highways and rural settlements in recent months.
Troops humiliate ISWAP in Ngamdu, kill 15 terrorists in ngamdu battle
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