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
Fayose Meets Obasanjo in Abeokuta, Holds Closed-Door Talks at OOPL
The meeting has, however, sparked political speculation, coming at a time when discussions around the future of the Peoples Democratic Party (PDP) and national reconciliation efforts are gaining momentum.
Former Ekiti State Governor, Ayodele Fayose, on Sunday met with former President Olusegun Obasanjo behind closed doors at the Olusegun Obasanjo Presidential Library (OOPL) in Abeokuta, Ogun State.
Fayose, who arrived at the OOPL complex was received by aides of the former president before proceeding to Obasanjo’s private where the meeting was held.
Although details of their discussions were not made public, sources close to the meeting described it as “a private visit” that lasted for over an hour.
The former Ekiti governor, known for his outspoken political style and criticism of national leaders, has in recent times called for unity among southern political actors ahead of future political realignments.
The meeting has, however, sparked political speculation, coming at a time when discussions around the future of the Peoples Democratic Party (PDP) and national reconciliation efforts are gaining momentum.
The Lagos State Building Control Agency (LASBCA) has sealed a construction site and issued a 72-hour ultimatum to another property within the Lekki–Ikoyi corridor for engaging in unauthorised development.
In a statement released on X (formerly Twitter), the agency said its officials sealed a building under construction at Femi Okunnu Road, Alexander Avenue, after the developers failed to obtain the necessary building permits.
LASBCA stressed that strict adherence to building regulations remains essential to curb the rise of illegal structures and ensure safety and orderly urban development across Lagos.
The agency also issued a 72-hour ultimatum to QMB Mart to dismantle all illegal structures erected on Coastal Road and under the powerline.
According to the Special Adviser to the Governor on E-GIS and Urban Development, Dr. Olajide Abiodun, the space in question was originally designated as a parking lot but had been converted into a commercial complex without proper approvals.
“The occupants allegedly turned the area into a commercial hub, erecting a laundromat, clubhouse, and eatery without authorisation,” Abiodun said. “Development in Lagos must follow due process. Any structure built without approval or any change in the use of government-allocated spaces without consent is illegal. We are committed to upholding the state’s master plan.”
The General Manager of LASBCA, Gbaye Florence, reaffirmed the agency’s commitment to sustained monitoring and enforcement across all development zones.
“Our duty is to ensure that all buildings in Lagos meet safety and regulatory standards,” she stated. “Anyone who erects structures without approval will be identified, marked, and subjected to necessary enforcement actions.”
LASBCA added that the ongoing enforcement drive will continue across the state as part of efforts to eliminate illegal constructions and promote a safer, well-planned Lagos.
Islamic groups in Kano State are currently protesting against recent moves by United States President, Donald Trump, to intervene in the country’s security crisis.
The protesters trooped out on Saturday to counter Trump’s claim of Christian genocide in Nigeria.
They were seen displaying placards with different inscriptions such as ‘We condemn Trump’s threat to attack Nigeria’, ‘There is no Christian genocide in Nigeria’, ‘America wants to control our resources’, amongst others.
Islamic groups in Kano State are currently protesting against recent moves by United States President, Donald Trump, to intervene in the country’s security crisis.
The protesters trooped out on Saturday to counter Trump’s claim of Christian genocide in Nigeria.
They were seen displaying placards with different inscriptions such as ‘We condemn Trump’s threat to attack Nigeria’, ‘There is no Christian genocide in Nigeria’, ‘America wants to control our resources’, amongst others.
Ohibaba recalls that Trump recently designated Nigeria as a ‘Country of Particular Concern’ over the alleged persecution of Christians in the country.
The US President subsequently threatened that if the Nigerian government fails to address the killing of Christians, the American military will intervene.
The Nigerian government has since denied the alleged Christian genocide, describing it as false.
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