News
Federal Government Denies Plans to Introduce New Telecoms or Fuel Taxes
The Federal Government has firmly rejected recent media reports and public speculation suggesting that new taxes on telecommunications services and petroleum products are being planned or have been adopted following the release of the International Monetary Fund’s (IMF) Article IV Consultation Report on Nigeria.
In a statement issued on Tuesday, the government described the claims as inaccurate and misleading, stressing that they do not reflect its official position.
“The Federal Government is not considering the introduction of any new taxes on telecommunications services or petroleum products,” the statement read.
The government clarified that the IMF report contains only the Fund’s assessments and policy recommendations, which are not binding on Nigeria. Policy decisions, it emphasised, are made through Nigeria’s constitutional, legislative, and institutional processes, guided by national priorities and economic realities.
On petroleum products, the statement confirmed that the current Value Added Tax (VAT) waiver on fuel remains fully in effect and has not been withdrawn. It added that implementing the fuel surcharge provided for in existing law would require a specific ministerial order and publication in the Official Gazette — steps that are not being contemplated at this time.
The suspended taxes, according to the government, have helped keep domestic fuel prices below international averages and those in neighbouring countries, providing relief to Nigerian households and businesses amid global energy market volatility.
Regarding telecommunications, the government noted that the excise duty introduced before 2023 has already been repealed under the new tax laws and is no longer applicable.
The public, media organisations, businesses, and other stakeholders have been advised to disregard any reports claiming the government intends to introduce these new taxes.
The statement reaffirmed the government’s commitment to a transparent, growth-oriented tax policy framework focused on improving revenue administration, expanding economic activity, eliminating inefficiencies, and fostering a competitive environment for investment and job creation.
“Any future tax policy changes, where necessary, will be communicated through official channels and implemented strictly in accordance with the law and due process,” it added.
The statement was signed by Maryann Duke, Senior Special Assistant on Communications & Press Secretary to the Honourable Minister of Finance and Coordinating Minister of the Economy.
News
Lagos, FG Hold Stakeholders’ Meeting Over Coastal Highway Flooding
The Lagos State Government and the Federal Ministry of Works are meeting with key stakeholders today to address flooding concerns along the Lagos-Calabar Coastal Highway corridor.
The meeting, directed by President Bola Tinubu, brings together officials from the Lagos State Government, the National Assembly, the Federal Ministry of Environment and other stakeholders to agree on lasting solutions.
Minister of Works, Dave Umahi, says the coastal highway did not cause the flooding. Instead, he says the road’s culverts have improved the flow of stormwater, while existing drainage problems and poor waste disposal remain major causes of flooding in affected communities.
Umahi announced plans to build new drainage channels and service lanes, warning that some buildings will be demolished to make way for the project.
He also ordered stricter enforcement against illegal dumping, street trading and illegal parking along the corridor.
Chairman of the Senate Committee on Works, Allwell Heacho Onyesoh, backed the minister’s position, saying experts had shown lawmakers that flooding in Lagos predates the coastal highway.
The Federal Government says the meeting will produce a coordinated plan to improve drainage, protect infrastructure and reduce future flooding.
News
Senate hails Nigerian Army at 163
In a statement issued by the Chairman of the Senate Committee on Army, Senator Abdulaziz Musa Yar’Adua (APC, Katsina Central), said this year’s celebration marks 163 years of the Nigerian Army’s service to the nation.
The Senate on Monday congratulated the Chief of Army Staff, Lieutenant General Waidi Shaibu, officers, soldiers and veterans of the Nigerian Army on the occasion of the 2026 Nigerian Army Day Celebration, describing the anniversary as a significant milestone in the country’s military history.
In a statement issued by the Chairman of the Senate Committee on Army, Senator Abdulaziz Musa Yar’Adua (APC, Katsina Central), said this year’s celebration marks 163 years of the Nigerian Army’s service to the nation
The upper chamber also urged officers and soldiers to remain professional, steadfast and committed to their constitutional responsibilities, assuring them of the Senate’s continued support.
He noted that for more than a century, the Army has remained at the forefront of defending Nigeria’s sovereignty, territorial integrity and national security.
Commenting on the theme of the 2026 celebration, “Protecting the Nation and Serving the People: A Way Forward for the Nigerian Army,” Yar’Adua said it reflects the Army’s constitutional mandate and the importance of strengthening its relationship with the public.
News
NGE to host Lateef Jakande 2026 Memorial Lecture: “The Media, INEC, Voters and Path to Credible Elections.”
The Lateef Jakande Memorial Lecture is an annual lecture series instituted by the NGE in 2023 to honour the legacy of Alhaji Lateef Jakande, the late iconic journalist, who was one-time President of the Guild, former Lagos State Governor, and former Minister of Works.
Photo: Eze Anaba (President) NGE
The Nigerian Guild of Editors (NGE) will on July 23, 2026 host the 4th Lateef Jakande Memorial Lecture in Lagos.
The Lateef Jakande Memorial Lecture is an annual lecture series instituted by the NGE in 2023 to honour the legacy of Alhaji Lateef Jakande, the late iconic journalist, who was one-time President of the Guild, former Lagos State Governor, and former Minister of Works.
In a press statement signed by Eze Anaba (President) and Onuoha Ukeh (General Secretary), the lecture will holds at the Sheraton Hotel, Ikeja, Lagos, with theme: “The Media, INEC, Voters and Path to Credible Elections.” Time is 11am.
The Guild said that Prof Sylvester Odion Akhaine of the Department of Political Science, Lagos State University, will deliver the lecture, with former Governor of Ekiti State, Dr. Kayode Fayemi, as Chairman. Expected at the lecture is Lagos State Governor, Babajide Sanwo-Olu, who is the Chief Host and Special Guest of Honour; Minister of Information and National Orientation, Alhaji Mohammed Idris; elders of the Guild, including former Governor of Ogun State, Chief Segun Osoba and publisher of Vanguard group of newspapers, Uncle Sam Amuka; top government officials, managing directors and editors of print, electronic and online publications and civil society groups.
Also expected at the lecture are Mass Communication and Journalism lecturers and students of Caleb University, Ikorodu, Lagos; Lagos State University, Ojo, Lagos; Yaba College of Technology, Yaba, Lagos and Nigerian Institute of Journalism, Ogba, Lagos.
The statement said that the Lateef Jakande Memorial Lecture brings together media leaders, public officials, and civil society to reflect on nation-building, governance, and the role of the press, describing it as “a fitting tribute to Alhaji Jakande’s legacy, which embodies dedication to journalism, governance, and service to Nigeria.”
It added: “The Lateef Jakande Memorial Lecture continues to serve as a platform for thought leadership, policy debate, and national introspection, while keeping alive the standard Jakande set in journalism and public service.
“The Guild also said that University students are invited to the lecture every year for them “learn the value of service, excellence and dedication to journalism and public service as well as for them to connect with practising journalists who could serve as their role models in the profession.”
The Jakande Memorial Lecture started in 2023, with a lecture delivered by Chief Felix Adenaike, Fellow of the NGE.
In 2024, Prince Nduka Obaigbena, Chairman of ThisDay and Arise Mews TV, spoke on “Rapid Changing Media Landscape: Survival Strategies.”
The third edition last year had the theme: “Journalism and the Challenge of Nation-Building in a Multi-Ethnic Society” and delivered by Bauchi State Governor, His Excellency, Senator Bala Mohammed.
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