News
House softens stance on Tax Reform Bills
The House of Representatives has softened its stance on the Tax Reform Bills.
Yesterday, after a three-hour generally positive debate by members, the Bills scaled second reading and passed for public hearing.
This is unlike the situation when the Bills were sent by President Bola Ahmed Tinubu to the Green Chamber in October.
Following opposition from a section of the ruling class, the House exploded in uproar over the Bills, forcing Speaker Abbas Tajudeen to dissolve the House into and Executive session after which all issues on the Bills were kept in ambiance to allow for consultations.
But at the Senate, the Bills were quickly debated and moved to the public hearing stage.
The Bills are the Nigeria Revenue Service (Establishment) Bill, the Nigeria Tax Bill, the Nigeria Tax Administration Bill, and the Joint Revenue Board (Establishment) Bill.
The bills were consolidated into one at the House for a seamless debate.
The proposed laws were read for the first time on October 8 but debate by the House was put on hold due to disagreement on the content of the bill, especially by Northern leaders and the Nigerian Governors’ Forum (NGF).
Although the House engaged government officials on the benefits of the bills, Speaker Tajudeen asked members to engage in wide consultations with their constituents to pave the way for a robust debate.
Apart from some observations on certain areas of the bills that appeared not in tandem with some sections of the 1999 Constitution and a few other clauses, members unanimously okayed the bills for a second reading.
Minority Leader Kingsley Chinda said while opposition members supported the spirit behind the bills, some had issues with certain aspects.
Chinda noted that the bills seek to rejig the nation’s tax system for effective revenue generation. He pointed out that for every law, there must be the spirit of the letters.
He said: “We have all agreed that the spirit behind the four bills is good.‘’
But we have issues with some of the letters of the bills. Why we oppose some letters of the bills, we support the spirit and want to assure Nigerians that we will watch those letters and at the appropriate time, we will ensure that the letters are corrected in the interest of Nigerians.
“He advocated a reduction in the Value Added Tax(VAT), saying ‘’It is possible to reduce tax, while efforts should be made to tidy up all areas of conflicts..’’
House Leader Julius Ihonvbere thereafter set the tone for the debate by explaining that the bills were intended to overhaul the country’s outdated tax laws.
Ihonvbere reassured the public that the reforms would benefit ordinary Nigerians without imposing tax burdens on the poor.
While appreciating those who hold opposing views to the bills, he said their views helped strengthen the bills.
The House leader charged members to “be part of history in reforming the tax system to promote revenue growth, increase employment and better the life of ordinary Nigerians.
Minority Whip, Ali Isa commended Speaker Abass for creating an opportunity for members to engage and consult widely on the contentious parts of the bills.
Isa however expressed concern about clause 146 which encourages a gradual increase in VAT from 7.5 percent to 10 percent and later 15 percent.
News
NDLEA Arrests Wanted Drug Baron, Seizes Tons of Skunk in Raids
NDLEA further confirmed that it seized $11,600; 2,000 British Pounds; 2,200 Euros and 50 Canadian dollars all in cash from the suspect at the point of his arrest.
The National Drug Law Enforcement Agency (NDLEA) has arrested a wanted drug baron, Frank Ibemesi, alias Chisco Bee.
NDLEA spokesman, Femi Babafemi, disclosed that Chisco Bee who operates under the cover of being a businessman and hotelier, is the MD/CEO of Franc CJ Ibemesi Nig Ltd.
Babafemi disclosed that Chisco Bee was arrested at his Daisy Garden Hotel, in Ago palace way, Isolo Lagos.
He was then taken to his warehouse where 42 jumbo bags and four cartoons of Loud were recovered.
NDLEA further confirmed that it seized $11,600; 2,000 British Pounds; 2,200 Euros and 50 Canadian dollars all in cash from the suspect at the point of his arrest.
NDLEA also confirmed that operatives foiled attempt by a drug syndicate in Osun state to load and distribute large quantities of processed skunk, across the country.
Two trucks used to transport the illicit consignment were seized and seven suspects arrested.
The peddlers are Lucky Abiodun; Julius Amos; Victor Ngbikili; Sunday Oduegwu; Ibrahim Akanni; Eze Godstime; and Fred Ifeanyichukwu.In Edo State, NDLEA said it recovered a total of 1,902.1 kilograms of skunk.
While 184.1kg was recovered along a bush path in Igbanke, in Orhionmwon LGA , 672kg was evacuated from Utese forest, Ovia North East LGA with 494kg recovered along Benin-Akure road where a suspect, 45 year old Felix Edah was arrested.
The NDLEA also confirmed the arrest of four suspects: Micheal Okoh; Offor Agada; Raphael Nkemjika and Nwabueze Franklin for being in possession of 68kg skunk and 3.150kg methamphetamine.
They were arrested along Ijebu-Ode expressway in Ogun state just as Danjuma Tukura, was nabbed with 172kg skunk at Sunkani area of Ardo Kola LGA, of Taraba state and Wisdom Titus was nabbed with 84kg of same substance at Takum area of the state.
NDLEA made several other similar arrests in Adamawa, Kwara States even as it intensified its fight against drug crime in Nigeria.
Crime
DSS Cracks Down on Plateau Violence, Arms Recovery
The Department of State Services has recorded another breakthrough, arresting a man believed to be a major supplier of weapons to armed groups.
This comes Three months after arraigning suspects in the Yelwata and Plateau massacres.
In a significant breakthrough, operatives of the Department of State Services (DSS) arrested Musa Abubakar, a suspected arms manufacturer, in a targeted raid on November 12th.
The operation took place at his workshop in Mista Ali, Bassa Local Government Area of Plateau State.
The arrest followed weeks of meticulous surveillance and the gathering of credible intelligence.
According to investigators, Abubakar confessed to manufacturing and distributing high-caliber weapons and ammunition.
These weapons were allegedly supplied to groups responsible for the recent violent attacks in Plateau State and other northern states.
Authorities seized a cache of evidence during the raid, including components of improvised explosive devices, various chemicals, and equipment used in the manufacturing process.
The DSS is continuing its investigation, aiming to identify and apprehend other individuals involved in the arms supply chain and bring them to justice.
News
JUST IN: Governor Mutfwang Disassociate Self From Motion Expelling Wike, Fayose, Anyanwu, others From the PDP
….Fintiri Abandons Convention after Wike’s Expulsion
The Executive Governor of Plateau State, His Excellency Barr. Caleb Manasseh Mutfwang, has formally distanced himself from the expulsion of the Minister of the Federal Capital Territory (FCT) and former Governor of Rivers State, Barr. Nyesom Wike; former governor of Ekiti State, Ayodele Fayose; Samuel Anyanwu alongside other leaders of the People’s Democratic Party (PDP).
In a press statement, Governor Mutfwang clarified that the subject was neither discussed by Governors Forum nor at NEC before the motion was presented. He emphasized that the proposal does not reflect his position on the matter.
Governor Mutfwang further noted that expelling the party leaders at this crucial time is not a strategic step toward resolving the internal challenges currently confronting the PDP.
He reiterated the need for unity, dialogue, and collective effort in rebuilding and repositioning the party.
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