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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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Sanwo-Olu Appoints Olatunbosun Ogunbanwo, 5 Others as Perm Secs

Ogunbanwo brings nearly three decades of experience in public service, strategic communication, public relations and information management.

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•Mr. Olatunbosun Ogunbanwo

Lagos State Governor, Mr. Babajide Sanwo-Olu, has appointed Mr. Olatunbosun Ogunbanwo, Director of Public Affairs at the Lagos State Ministry of Health, as a Permanent Secretary in the State Public Service, alongside five other senior officers.

The five other senior officers appointed as Permanent Secretaries as conveyed by the Head of Service (HOS), Mr. Bode Agoro, in Circular Ref. No. CIR/HOS/’26/071, dated October 13, 2026, are Dr. Olawale Mahadiyu Adegbite, Director of Medical Services, Health Service Commission; Mrs. Folashade Aina Thomas-Orogan and Mr. Adebayo Mubashiru Haroun, both Directors, State Counsel at the Ministry of Justice.

The rest are Mrs. Olayinka Margret Oye-Bamgbose, Director of Administration and Human Resource at the Lagos State University Teaching Hospital (LASUTH) and Mrs. Bilquees Toyin Adekoya, Principal/Director of Education at Education District VI.

The appointments, which take effect from October 13, 2026, were aimed at reinvigorating the State’s policy implementation apparatus and strengthening public service delivery.

Mr. Olatunbosun Ogunbanwo

Ogunbanwo brings nearly three decades of experience in public service, strategic communication, public relations and information management.

Before his appointment, Ogunbanwo served as Director of Public Affairs at the Ministry of Health and previously held the same position at the Ministry of Agriculture.

He also played key communication roles in Lagos State’s responses to public health emergencies, including Ebola, COVID-19, Lassa fever and diphtheria.

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NAF Crash: Residents Fear Disease as Body Parts Foul Community River

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Residents of Igbokoda in Ilaje Local Government Area of Ondo State are grappling with a severe public health and environmental crisis following the crash of a Nigerian Air Force (NAF) ATR-42 aircraft into a swamp near the community.

The aircraft, on a routine mission from Benin City to Lagos, crashed last Monday, killing all 25 people on board. Recovery efforts continue amid difficult swampy terrain, with large sections of the wreckage and human remains still unrecovered.

The traditional ruler of Igbokoda, Oba Afolabi Odidiomo, said residents have been battling an extremely offensive odour caused by decomposing human remains floating in the river. “The odour is extremely offensive. So many parts of the human body are floating around in the river. Some of the bodies have not been recovered. They have decomposed, and it is affecting everything,” he stated.

He warned that the river — the community’s main source of water for drinking, cooking and fishing — has been polluted by the remains and aviation fuel spillage. Residents can no longer safely use the water, raising fears of a disease outbreak.

Ondo State authorities confirmed they are assessing the environmental and public health impact, with plans for decontamination. Recovery teams, including the Navy, Air Force and emergency agencies, are intensifying efforts to retrieve remaining wreckage and remains.

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UNCTAD Warns Debt Burden Threatens Future of 3.7bn People

UN Secretary-General António Guterres said developing economies were facing mounting pressures from geopolitical tensions, conflicts, trade disruptions, climate challenges, inadequate financing and high debt-servicing costs.

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The future of 3.7 billion people is threatened by mounting government debt burdens, the United Nations Conference on Trade and Development (UNCTAD) has warned, urging developing countries to strengthen cooperation in tackling debt-related challenges.

The warning was delivered on Monday in Bangkok during the IMF–World Bank Annual Meetings, where the UN agency called on finance ministers, central bank governors and senior government officials from developing countries to unite under the Borrowers’ Platform to share knowledge, exchange experiences and coordinate their positions on debt issues.

UN Secretary-General António Guterres said developing economies were facing mounting pressures from geopolitical tensions, conflicts, trade disruptions, climate challenges, inadequate financing and high debt-servicing costs.

“Developing countries face a perfect storm with geopolitical tensions and conflicts, trade and climate pressures, a lack of adequate financing and high debt-service burdens,” Guterres said in his address to the platform’s new member states.

He added that the Borrowers’ Platform would provide members with an opportunity to navigate these challenges.

Guterres welcomed participating countries’ commitment to the initiative, stressing the importance of creating a common space where borrowers could exchange advice, share practical tools and approaches, and strengthen their collective advocacy on international debt issues.

According to UNCTAD, 31 developing countries have formally joined the platform, while several others have expressed interest in the initiative.

Since the platform’s launch in April, participating countries have operated through an interim process led by Egypt as interim chair, with UN Trade and Development serving as its secretariat.

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