News
BREAKING: Nigeria Governors Agree on No VAT, CIT Increase For Now

Nigeria Governors Forum (NGF) agreed at the end of subnational meeting today in Abuja that there should be “No hike in VAT, and No reduction in corporate Income tax CIT) for now. This is to maintain economic stability.
This is disclosed in a communique issued today and signed by Abdulrahman Adbdulrazaq, Chairman of the NGF & Governor of Kwara State.
The governors, at the end of a meeting of subnational consultations and engagement, on Thursday in Abuja, with the Chairman of Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, said that the Forum have also endorsed a revised VAT sharing formula to ensure equitable distribution of resources of 50% based on equality, 30% based on derivation, and 20% based on population.
The governors have resolved that there should be no increase in the VAT rate or reduction in Corporate Income Tax (CIT) at this time in order to maintain economic stability.
Also, they have called for the continued exemption of essential goods and agricultural produce from VAT as that would help safeguard the welfare of citizens and promote agricultural productivity.
They also, at the end of the meeting, recommended that there should be no terminal clause forTertiary Education Trust Fund, TETFUND; National Agency for Science and Engineering Infrastructure, NASENI, and National Information Technology Development Agency, NITDA, in the sharing of development levies in the bills.
The meeting supports the continuation of the legislative process at the National Assembly that will culminate in. the eventual passage of the Tax Reform Bills.
News
LASG reopens Abbatoir at Oko-Oba
The announcement was made by the State Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab in a statement he personally signed.

image credit : arisetv
Lagos State Government on Friday night directed the immediate re-opening of the Abbatoir at Oko-Oba following the fulflment of sanitation and hygienic prescriptions by the operators.
The announcement was made by the State Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab in a statement he personally signed.
Mr Wahab said that the operators have substantially complied with the minimum benchmark for the operations of abbatoirs in the state which was flagrantly flouted necessitating the closure.
He informed that part of the conditions for the reopening is that on a monthly basis, the ministry of the Environment and Water Resources officials will conduct a periodic inspection of the facilities at the Abbatoir.
He urged the operators to avoid unsanitary activities, waste mismanagement and unhygienic handling of animal products as they conduct their businesses.
It will be recalled that the Oko-Oba Abbatoir was shut by the State Government on June 20 following an inspection by top State officials which discovered a flagrant disregard of the laws guiding safe operations of abbatoirs in the state.
SignedKunle AdeshinaDirector (Public Affairs)June 27, 2025
News
Again, Vanguard’s Editor, Eze Anaba Emerges NGE President
The Managing Director of The Sun newspaper, Onuoha Ukoh, clinched the position of General -Secretary .

Anaba, who was the incumbent, was returned unopposed, a development attributed to his widely acknowledged record of administrative excellence.
THE Nigerian Guild of Editors (NGE) on Friday reelected Mr Eze Anaba – the Editor of the Vanguard newspaper, as the President, during their ongoing Biennial National Convention in Enugu.
Anaba, who was the incumbent, was returned unopposed, a development attributed to his widely acknowledged record of administrative excellence.
The Managing Director of The Sun newspaper, Onuoha Ukoh, clinched the position of General -Secretary .
Other elected officers include:
Deputy President: Sabastine Abu
Vice President, West: Karbi Alabi
Vice Presidents: Hamza Idris and Sheddy Ozoene
Treasurer: Iyobosa Uwugiaren
Assistant Secretary: Gabriel Fulajimi Akinadewo
Publicity Secretary: Charles Kanu
Earlier , the Chairman of Channels Media Group, Dr. John Momoh had said that there can be no security without justice, and no unity without progress.
Momoh, who was Chairman of the Convention said that there can be no progress within inclusion.
He pointed out that insecurity has reared its head in many of Nigeria’s regions, while the country had witnessed divisions across ethnic and religious limes, while economic hardship and rising frustrations have made the citizens ask tough questions about Nigeria’s future.
Momoh enjoined the media not only to report conflict, but to also spotlight solutions. “Let’s promote understanding. Let’s be bridge-builders’, he said.
News
BREAKING: Ganduje Resigns as APC National Chairman with immediate effect

Abdullahi Umar Ganduje has resigned as the National Chairman of the All Progressives Congress (APC), with immediate effect.
Ganduje, who previously served as the Governor of Kano State from 2015 to 2023, cited health reasons for his resignation, stating the need to focus on his personal well-being.
His tenure as APC chairman, which began in August 2023, was riddled with internal party crises, legal disputes, and allegations of financial misconduct.
While his resignation letter attributed the move solely to health concerns, party insiders suggest rising political tension and internal opposition may have influenced his decision.
There have also been reports linking his exit to accusations of financial impropriety.
Some party members allegedly protested against what they described as “excessive financial demands” from his office—particularly over complaints by aspirants for FCT area council positions about the high fees required to secure party tickets.
Ganduje’s leadership faced multiple legal challenges. In April 2024, a Kano State High Court issued an ex parte order barring him from identifying as a party member, following a suit filed by some APC officials.
Although a separate suit filed by the APC North Central Forum seeking his removal was later dismissed by a Federal High Court in Abuja, his position remained contentious.
As the APC is yet to issue an official statement, speculation continues to mount over the true circumstances of Ganduje’s departure and its potential implications for the party’s future direction.
-
Politics3 days ago
2027 Election: INEC refuses to approve Jegas’ PRP Party (Full list of Applicants)
-
Sports3 days ago
Super Eagles Goalkeeper, Maduka Okoye, to Establish Football Academy in Enugu
-
Business3 days ago
MultiChoice reduces prices for DStv subscribers by 50%
-
Politics3 days ago
PDP Postpone 100th NEC Meeting, Reinstates Anyawu National Secretary
-
News2 days ago
Mokwa flood victims get N1m each, Shop Owners N500k
-
News3 days ago
Lagos Alerts Motorists on 110-Day Ogudu/Ifako Bridge Repairs
-
News3 days ago
JUST IN: No service extension for corper who criticised Tinubu – NYSC
-
Business3 days ago
Nigeria, Brazil rejig strategic alliance to boost trade, clean energy, agric, others at business forum