News
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
FG unveils 39 inmate transport vehicles, armoured booths for prison security
By: Our Reporter
Olubunmi Tunji-Ojo, the minister of interior, has inaugurated 39 mini-green Maria vehicles to ensure the safe transportation of inmates to courts during trials.
In a statement on X, the ministry said the commissioning took place at the headquarters of the Nigerian Correctional Service (NCoS).
The minister also unveiled four armoured security guard booths to protect correctional facilities from external aggression by non-state actors.
“The Hon. Minister of Interior, Dr. Olubunmi Tunji-Ojo, today inaugurated four armored security guard booths at the Nigerian Correctional Service headquarters to enhance the defense of correctional facilities against external threats,” the statement reads.
“He also unveiled 39 mini-green Maria vehicles designed to ensure the secure transportation of inmates to court during trials. These efforts reflect President Bola Ahmed Tinubu’s dedication to the safety and welfare of officers and inmates.
FG unveils 39 inmate transport vehicles, armoured booths for prison security
Damaturu Flyover: The Making of A Befitting State Capital
By: Mamman Mohammed
Since the news about the signing of the Damaturu fly over contract filtered the air, it attracted accolades in many quarters and of course, reservations in some quarters. This is very normal and usual with every human endeavour.
It is pertinent to note that His Excellency the Executive Governor of Yobe State, Hon. Mai Mala Buni CON, COMN, while presenting the 2025 budget to the state House of Assembly, emphatically said “The widespread of road projects is intended to give a facelift and accessibility to our communities. Government is committed to the completion of the seventeen ongoing road projects, and to embark on eleven new ones. The completion of the township roads and drainages in five Local Government Areas is very dear to the government. I am also pleased to inform you that work would soon commence for the construction of the Damaturu flyover. We would also commence work on the Damaturu Green Economic City”.
Similarly, the budget allocated funds to other sectors to run simultaneously to improve the lives of the people without obstructing the execution of other projects and programmes in other sectors.
Importantly, the budget went through open process of careful and critical scrutiny, with Civil Society Organizations, individuals and groups in attendance.
Throughout the public sitting, none of the interest groups and individuals identified any project including the Damaturu flyover road as a misplacement of priority that would be at the expense of another, and as they may say, it is robbing Peter to pay Paul.
There is no doubt that the Damaturu flyover project will not only check the numerous congestion and accidents in the metropolis but, also beautify Damaturu, from a glorified local government headquarters to a beffiting state capital that is comparable to its peers, and a pride of every Yobean.
This takes us to the Muhammadu Buhari lnternational Cargo Airport as a reference point. When Gov. Buni took over the leadership of the state in 2019, there was an argument for and against the completion of the airport.
Many people described it as a wasteful project while others urged the new administration to ensure its completion. And when Gov. Buni finally announced the completion of the airport which was still at skeletal stage, it put such arguments to halt.
Gov. Buni’s argument was that, abandoning the project at that level would be a monumental loss to the state that would only attract untold inflation whenever any administration decides to complete the airport. Thanks to the wise decision, and the deep futuristic thinking by Governor Buni.
Today, the argument over the completion of the airport is now history. It is
completed and commissioned. It remains
one of the iconic legacy projects, with a very prosperous future to the state.
Already, some international investors have indicated interest in direct and indirect investments in the state. The Qatari business community and most recently, the Moroccan Investment, lmport and Export Development Agency, said the airport is a window to a fruitful economic partnership that would generate employment and wealth creation.
The same criticisms greeted the Kano, Maiduguri, Yola, Kaduna and Jalingo flyovers.
Surprisingly, some characters who lauded the flyovers elsewhere have suddenly changed their positions with the Damaturu flyover.
As a known fact, there may be no single government project or programme that would generate100% support from the public, as everyone may have his opinion for or against such project.
We should always see such projects positively and support government in its development strides to make Damaturu a state capital that is in tune with the changing times.
Damaturu Flyover: The Making of A Befitting State Capital
Kidnapped Munya LGA Secretary Regains Freedom as Security Forces Intensify Rescue Efforts
By: Zagazola Makama
The Niger State Police Command has confirmed the release of Usman Daina, the Secretary of Munya Local Government Council, who was abducted by armed bandits.
Daina was freed unhurt following a sustained pursuit operation by security forces. However, authorities have stated that efforts are still ongoing to rescue other victims who remain in captivity and to ensure the arrest of the perpetrators.
Zagazola Makama had reported that On Feb. 21, 2025, heavily armed bandits launched an attack on Munya Local Government Area, abducting several residents, including the council secretary.
It was gathered that that the assailants moved from Chibani forest through the Shakwata axis before striking various communities, including the Dandaudu area of Munya LGA.
The attackers invaded homes, looted food supplies, and forcefully took away multiple victims.
Following the abduction, the Nigerian Army troops, police tactical teams, vigilantes, and other security forces were deployed to track the movements of the kidnappers.
Their aggressive pursuit led to the successful release of Daina, while efforts continue to rescue the remaining captives and dismantle the criminal network responsible for the attack.
Sources said that the security forces are currently conducting aerial surveillance, intelligence-driven operations, and ground raids on identified bandit hideouts in the region.
Kidnapped Munya LGA Secretary Regains Freedom as Security Forces Intensify Rescue Efforts
FG unveils 39 inmate transport vehicles, armoured booths for prison security
Damaturu Flyover: The Making of A Befitting State Capital
Kidnapped Munya LGA Secretary Regains Freedom as Security Forces Intensify Rescue Efforts
Roger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
THE PLIGHT OF FARIDA
EYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
News12 months agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions3 years ago
THE PLIGHT OF FARIDA
-
News11 months agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Opinions3 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
ACADEMICS12 months agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns12 months agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Opinions1 year agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
-
National News12 months agoFraud and Mismanagement Rock INGO’s IDP Cash Assistance Effort in Bama
