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FG Warns Advertisers Against Unapproved Ads on Social Media Platforms

The apex regulatory body had noted that the company had run a social media platform advert of Lung Detox Tea, which, it stated, claims the tea makes smoking healthy.

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The federal government has called on individuals and organisations to  desist from exposing unlawful and unethical advertisements on treatment of a range of ailments on Instagram and Facebook platforms.

The two platforms are owned by Meta Incorporated and represented in Nigeria by Facebook Nigeria Operations Limited.

THISDAY reports that in a statement issued by the Advertising Regulatory Council of Nigeria (ARCON), which was signed by its Director -General, Dr. Olalekan Fadolapo, the government stated that  spurious and unsubstantiated claims in advertisements pose serious health risks to Nigerians as they have no clinical or any scientific proof of their efficacies.

The council pointed out that its investigation has revealed that most of the products being exposed illegally are not certified by relevant government agencies and may not be safe for consumption.

It further stated that the the brand owners are taking the loose opportunities offered by online media platforms to expose those unapproved advertisements.

These advertisements with frivolous claims were neither submitted to, nor approved for exposure by the Advertising Standards Panel (ASP) being the statutory Panel established by the Advertising Regulatory Council of Nigeria Act No. 23 of 2022 to ensure that advertisements targeting the Nigerian market conform with advertising ethics as well as the prevailing laws of the Federation,”

Olalekan reveals. ARCON promised to take necessary actions to ensure that the individuals and organizations involved are sanctioned in line with the prevailing laws and the Code of Advertising.

Toward the end of last year, ARCON said it would take all necessary steps to ensure Jols Medix Nigeria Limited was sanctioned for running an online/social media advert, without the authorisation of the council.

The apex regulatory body had noted that the company had run a social media platform advert of Lung Detox Tea, which, it stated, claims the tea makes smoking healthy.

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NRS Chair: New tax laws won’t be implemented until January

According to Adedeji, the Federal Inland Revenue Service, FIRS by the signing of the bills into Law is now the Nigeria Revenue Service (NRS), explaining that the new law now defines the NRS’s expanded mandates…

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•President Bola Tinubu shake hands with NRS Chairman, Zach Adedeji.

The Chairman of the Nigeria Revenue Service (formerly FIRS), Zach Adedeji, has disclosed that the implementation of the newly signed four tax fiscal reform laws will commence by January 1st, 2026.

Adedeji told State House correspondents shortly after the President signed the bills into law, the previous day.

Adedeji said that the modalities will be put in place ahead of the implementation.

Adedeji further explained that the six-month period between the enactment of the new fiscal laws is designed to give ample time to those saddled with the implementation to carefully prepare and ensure that all Nigerians are adequately sensitised.

According to Adedeji, the Federal Inland Revenue Service, FIRS by the signing of the bills into Law is now the Nigeria Revenue Service (NRS), explaining that the new law now defines the NRS’s expanded mandate, including non-tax revenue collection, and lays out transparency, accountability, and efficiency mechanisms.

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President Tinubu List Economic Expectations from New Tax Laws

On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.

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President Bola Tinubu said today that the four tax reforms bills he signed into law reflect his administration’s resolve to create a modern, transparent, and efficient tax system capable of supporting national development, promoting investment, and reducing the burden of multiple taxation on citizens.

President Tinubu explained that the laws would be unifying Nigeria’s fragmented tax system, remove redundant overlaps, boost investor confidence, enhance transparency, and promote coordinated efforts across all levels.

He also described the legislation as a clear departure from previous policies, emphasising that the reforms are designed to ease the burden on working families, small businesses, and low-income earners while eliminating inefficiencies that have long plagued Nigeria’s fiscal structure.

On his verified X handle @officialABAT, the President had said that the new tax laws form the groundwork for the Nigeria of tomorrow, focused on unlocking opportunities for all.

“We are also building a framework for the Nigeria of tomorrow-leaner, fairer and laser focused on unlocking opportunities for all,” he said.

He added : ” These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet.

Designed to overhaul Nigeria’s fiscal and revenue administration framework, the laws which have been described as a major leap in the nation’s economic reform drive.

“For too long, our tax system has been a patchwork-complex, inequitable, and burdensome. It has weighed down the vulnerable and shielded inefficiency. That era ends today.”

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Tinubu signs four Tax Reform Bills to law today

The bills were recently passed by the National Assembly following extensive stakeholders consultations and technical reviews.

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President Bola Ahmed Tinubu will today (Thursday) sign into law four tax reform bills set to overhaul Nigeria’s fiscal landscape, streamline tax administration, and boost investor confidence.

The ceremonial signing is scheduled to take place at the State House, Abuja.

In a statement , Bayo Onanuga, Special Adviser to the President on Information and Strategy, said that the four bills are : the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill

The bills were recently passed by the National Assembly following extensive stakeholders consultations and technical reviews.

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