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
VP Shettima Representing Nigeria At G20 Leaders’ Summit
President Tinubu would have been there in person for participation but shelved the plan owing to the recent abduction incidents in Kebbi, Kwara and Niger State.
Vice President Kashim Shettima departed Abuja today to represent President Bola Tinubu at the G20 Leaders’ Summit in Johannesburg, South Africa.
The Summit, scheduled to take place from Saturday, November 22nd, to Sunday, November 23rd, at the Johannesburg Expo Centre, brings together leaders from the world’s top 20 economies, including the European Union, the African Union, financial institutions, among others.
President Tinubu would have been there in person for participation but shelved the plan owing to the recent abduction incidents in Kebbi, Kwara and Niger State.
Stanley Nkwocha, Senior Special Assistant to the President on Media & Communications (Office of TheVice President), disclosed that President Cyril Ramaphosa, the South African leader who also serves as the current President of the G20 group had invited his Nigerian counterpart to participate in this year’s edition.
The Vice President will return to Nigeria at the end of the engagements.
News
Governor Soludo consoles Awolowo’s family over Segun’s death
In July 2021, Mr. Awolowo was unanimously elected President of the National Trade Promotion Organisations for ECOWAS member states, proving that his untiring passion for advancing Nigeria’s position in global markets will be sorely missed.
The Governor of Anambra State Government, Professor Chukwuma Charles Soludo, has conveyed his sincere condolences to the Awolowo family, friends, and associates of Mr. Segun Awolowo Jnr, who died the previous day at the age of 62.
In his condolence message, Governor Soludo extolled Mr. Segun Awolowo as a renowned lawyer, national patriot and prominent figure within the investment and export sector of Nigeria and Africa, who stood for excellence and dedication in public service.
As a grandson of the sage and illustrious Chief Obafemi Awolowo, he embodied the principles of integrity, service, and leadership that his grandfather championed throughout his life.
He was not only a proud scion of the Awolowo dynasty but also a vital contributor to Nigeria’s economic landscape, working tirelessly to elevate the standards of trade and investment across the continent.
The Governor noted that throughout his distinguished career, Segun Awolowo Jnr, who served diligently as the Executive Director of the Nigerian Export Promotion Council from 2013 to 2021, championed initiatives aimed at fostering economic growth and sustainable development in Nigeria.
His commitment to entrepreneurship and innovation inspired countless individuals and businesses, reinforcing the role of the private sector in driving national progress.
In July 2021, Mr. Awolowo was unanimously elected President of the National Trade Promotion Organisations for ECOWAS member states, proving that his untiring passion for advancing Nigeria’s position in global markets will be sorely missed.
Thus his passing is a significant loss, not only for his family but for our nation and Africa at large.
Therefore, Governor Soludo condoles with the Awolowo family, Ogun State government, friends and associates of Mr. Segun Awolowo Jnr on his painful death.
Crime
JUST IN: Terrorists kidnap students, teachers from Niger boarding school
Terrorists have attacked St Mary’s School, a Catholic-owned institution in Papiri community, Agwara Local Government Area of Niger State, and abducted an unconfirmed number of students and staff.
The attack took place in the early hours of Friday.
Local officials said the school was compiling its records and could not yet determine the number of people taken.
A source in one of the Catholic churches in Niger State confirmed the incident, stating that the church would issue an official statement after completing its investigation.
The Head of Department for Disaster and Relief in Agwara Local Government, Ahmed Rofia, also confirmed the attack.
He said the gunmen invaded the school between 2 a.m. and 3 a.m. and that authorities were still assessing the scale of the abductions.
Spokesperson of the Niger State Police Command, Wasiu Abiodun said he was aware of the enquiry and would provide details when available. “I know what you are calling. I will get the details and get back to you,” he said.

When pressed to confirm the incident, he added, “I need to get the details before. I will get back to you. Just give me time.
”Papiri is about 70 kilometers from Babana axis, where Jama’at Nusrat al-Islam wal-Muslimin (JNIM), an al-Qaeda affiliate in the Sahel, announced its presence in July.
The abduction happened less than a week after a similar abduction of schoolgirls in Kebbi State.Papiri town is one of the 10 political wards in the Agwara Local Government Area of Niger State.
A source in Rofia, a town 30 kilometres away from where the incident happened, also confirmed the incident.
The source whose name has been withheld for security reasons said residents of the town estimated that the terrorists came with 60 motorcycles and a van.
“They packed the students and their teachers in the van and went away with them,” he said.
Bello Gidi, the spokesperson for Agwara Local Government Chairperson Ilyasu Zakari, confirmed the attack, stating that efforts are ongoing to gather “factual details of the incident.
”The raid occurred days after 25 students were kidnapped in Maga, Kebbi State, adding to rising concern over attacks on schools in the region.
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