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House softens stance on Tax Reform Bills

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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.

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Tinubu Insists New Tax Reforms Will Proceed on January 1, 2026, Despite Public Debate

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President Bola Ahmed Tinubu affirmed on Tuesday that Nigeria’s newly enacted tax laws would commence as scheduled on January 1, 2026, dismissing calls for delays amid ongoing controversies.

In a State House press statement personally signed by the President, he declared that the reforms—including provisions already in effect since June 26, 2025, and the remaining acts set for the new year—would continue without disruption.

Tinubu described the measures as a “once-in-a-generation opportunity” to establish a fair, competitive, and robust fiscal foundation for the country. He emphasized that the laws were not intended to increase tax burdens but to facilitate a structural reset, promote harmonization, protect citizens’ dignity, and strengthen the social contract between government and the people.

The President urged stakeholders to support the implementation phase, now in its delivery stage, while acknowledging public discourse over alleged alterations to certain provisions.

He stated that no substantial issues had been identified to justify halting the process, adding that trust in governance is earned through consistent, principled decisions rather than reactive changes.

Reaffirming his administration’s commitment to due process and the integrity of enacted legislation, Tinubu pledged collaboration with the National Assembly to promptly address any legitimate concerns.

He assured Nigerians that the Federal Government would always prioritize the public interest, delivering a tax system that fosters prosperity, fairness, and shared responsibility.

The statement came amid debates surrounding the four tax reform acts signed into law earlier in 2025, with two already operational and the others poised to take effect in the new year.

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Shocks as Enugu monarch dies a day before 90th birthday

The Preparations for the grand celebrations, scheduled for Wednesday, December 31, 2025, were already underway, with billboards announcing the monarch’s milestone birthday hoisted across the community.

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•HRH Igwe PD Uzochukwu (Ezudo I of Mgbidi).

The people of Ezineze Mgbidi Autonomous Community in Awgu Local Government Area of Enugu State, have been thrown into mourning following the sudden death of their traditional ruler, HRH Igwe PD Uzochukwu (Ezudo I of Mgbidi). This was just 24 hours before his 90th birthday and 38th coronation anniversary.

The Preparations for the grand celebrations, scheduled for Wednesday, December 31, 2025, were already underway, with billboards announcing the monarch’s milestone birthday hoisted across the community.

Many subjects had returned home in anticipation of the event when news broke that the Igwe had been rushed to a hospital due to a health complication.

The monarch passed away in a private hospital in Enugu metropolis, leaving his family and subjects devastated.

His son, Prince Emeka Uzochukwu, confirmed the death ,saying that the palace never expected the monarch’s demise.

Igwe Uzochukwu, who ascended the throne 38 years ago, succeeded Chief G. I. Oko and oversaw the division of Mgbidi into two autonomous communities – Ezineze Mgbidi and Ezineri Communities.

He explained that Igwe Uzochukwu had gone for a routine medical checkup to ensure he was fit for the celebrations before his health suddenly deteriorated.

“Being with him at the hospital before he passed, it was difficult to accept that the Igwe was truly gone,” Prince Emeka said. In a show of respect, community members observed a minute of silence during a town hall meeting at Central School Mgbidi.

Theophilus Nzeh, Esq, President General of Mgbidi Central Union, described the death as a monumental loss to the two autonomous communities in Mgbidi.

Igwe Uzochukwu, who ascended the throne 38 years ago, succeeded Chief G. I. Oko and oversaw the division of Mgbidi into two autonomous communities – Ezineze Mgbidi and Ezineri Communities.

He will be remembered for his leadership, vision, and contributions to the development of his people.

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Crime

UPDATE: Court Remands Former AGF Abubakar Malami, Son, and Associate in Kuje Prison Over Money Laundering Charges

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A Federal High Court in Abuja has ordered the remand of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), his son Abdulaziz Malami, and an associate, Hajia Bashir Asabe, at the Kuje Correctional Centre pending the hearing of their bail applications on January 2, 2026.

The defendants were arraigned on Tuesday before Justice Emeka Nwite on a 16-count charge of alleged money laundering filed by the Economic and Financial Crimes Commission (EFCC). All three pleaded not guilty to the charges, which involve conspiracy to conceal, retain, and disguise proceeds of unlawful activities amounting to billions of naira.

The alleged offences, said to have occurred between 2015 and 2025, include using corporate entities and bank accounts to launder funds, retaining large sums of cash as collateral for loans, and acquiring high-value properties in Abuja, Kano, Kebbi, and other locations.

Some of the acts are alleged to have taken place during Malami’s tenure as Nigeria’s chief law officer, contravening the Money Laundering (Prohibition and Prevention) Acts of 2011 (as amended) and 2022.

Specific counts include the concealment of over ₦1.014 billion in a Sterling Bank account through Metropolitan Auto Tech Limited between July 2022 and June 2025, and the use of illicit funds to purchase luxury properties in Abuja districts such as Maitama and Asokoro.

Following the not-guilty pleas, defence counsel Joseph Daudu (SAN) made an oral application for bail. However, EFCC prosecutor Ekele Iheanacho (SAN) opposed it, noting that a written bail application had been served on the prosecution late the previous night and requesting time to respond.

Justice Nwite ruled that pursuing both oral and written applications simultaneously would undermine fair hearing principles and potentially “ambush” the prosecution.

He declined the oral request and adjourned the matter to January 2, 2026, for the formal bail hearing, ordering the defendants’ remand in Kuje Correctional Centre in the interim.

Malami had been in EFCC custody since early December following investigations into the allegations.

The case marks a significant development in the anti-graft agency’s probe into suspected financial irregularities linked to the former minister.

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