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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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President Tinubu Embarks on Historic State Visit to United Kingdom

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President Bola Ahmed Tinubu, accompanied by First Lady Senator Oluremi Tinubu, will depart Abuja tomorrow, Tuesday, March 17, for a landmark state visit to the United Kingdom at the invitation of Their Majesties King Charles III and Queen Camilla.

The visit, the first by a Nigerian leader in 37 years and the first hosted by a British monarch at Windsor Castle, marks a significant milestone in Nigeria-UK relations. President Tinubu will be hosted at Windsor Castle from Wednesday, March 18, to Thursday, March 19.

During the stay, Their Majesties will invite the presidential couple to view a special Royal Collection exhibition featuring items related to Nigeria. Private discussions between King Charles and President Tinubu will follow, alongside meetings with organisations involved in interfaith dialogue.

The day will culminate in a State Banquet hosted by the Royal Family in honour of the Nigerian guests.President Tinubu will also hold bilateral talks with Prime Minister Keir Starmer at 10 Downing Street, paving the way for expanded high-level engagement.

The discussions are expected to result in the signing of multiple Memoranda of Understanding and agreements covering trade, investment, defence, and cultural cooperation.

A key highlight includes President Tinubu witnessing the signing of a major £746 million financing agreement between UK Export Finance (UKEF), the Nigerian Ports Authority (NPA), and the Federal Ministry of Finance.

The deal will support the refurbishment of Nigeria’s critical maritime infrastructure at the Lagos Port Complex (Apapa Quays) and Tin Can Island Port Complex.

The President will serve as guest of honour at the Nigerian Modernism exhibition, celebrating modern arts and culture, and attend a reception with Nigerian and British business leaders as well as the diaspora community.

The presidential entourage includes Senate President Godswill Akpabio; Attorney General and Minister of Justice Prince Lateef Fagbemi SAN; Minister of Solid Minerals Dele Alake; Minister of Information and National Orientation Mohammed Idris; Minister of State for Foreign Affairs Ambassador Bianca Ojukwu; Minister of Finance and Coordinating Minister of the Economy Wale Edun; Minister of Industry, Trade and Investment Dr. Jumoke Oduwole; Minister of Culture and Creative Economy Hannatu Musawa; Minister of Communications and Digital Economy Bosun Tijani; Minister of Defence General Christopher Musa (rtd); National Security Adviser Malam Nuhu Ribadu; and Director-General of the National Intelligence Agency Ambassador Mohammed Mohammed.

President Tinubu will return to Nigeria at the conclusion of the visit, which aims to deepen bilateral ties in immigration, trade, investment, security, and cultural exchange while reinforcing the enduring historical bond between the two nations.

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NRC Confirms Minor Train Incident Near Asham, Reports No Fatalities (Images)

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The Nigerian Railway Corporation (NRC) has confirmed that a minor but avoidable train incident occurred this morning near Asham, involving a rear locomotive and an adjacent passenger coach on one of its services.

According to the NRC’s official statement, the incident took place at approximately 10:30 a.m. and was caused by a coupling issue, resulting in contact between the rear locomotive and the following coach.

Several passengers sustained injuries in the event. The corporation stated that those affected were immediately provided with medical attention and transported to a nearby healthcare facility for further treatment. Importantly, no fatalities were recorded.

Emergency response teams were activated without delay, and technical crews have been deployed to the site. The Safety Investigation Bureau (SIB) has also arrived to carry out a comprehensive investigation in accordance with standard safety protocols.

The affected train reached Idu station around 10:39 a.m., approximately 38 minutes behind schedule, after time was taken to detach and remove the involved rear locomotive and coach SP 0006.

The NRC emphasized that passenger safety remains its highest priority.

The corporation assured the public that all required steps are being taken to resolve the situation and to maintain the safe and reliable operation of its train services moving forward.

The NRC said it will provide additional updates as more details emerge from the ongoing investigation.

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Military Troops Battle ISWAP Attack in Maiduguri

The affected areas include Dala, Bulamari and Ajilari Cross, where residents reported intense gunfire coming from the outskirts of the Borno State capital.

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Residents in parts of Maiduguri were thrown into panic late Monday night after heavy gunfire was heard across sections of the city.

Witnesses say the sound of gunshots triggered fear and confusion, forcing many residents to flee their homes in search of safety.

The affected areas include Dala, Bulamari and Ajilari Cross, where residents reported intense gunfire coming from the outskirts of the Borno State capital.

Security sources say suspected fighters linked to Boko Haram or ISWAP launched an attack on the outskirts of Maiduguri, prompting a swift response from Nigerian troops.

Nigerian Air Force fighter jets were also deployed and are currently engaging the assailants as efforts continue to repel the attack.

Authorities are yet to release an official statement on the incident, while residents remain on edge as security forces work to contain the situation

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