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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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Oshodi High School 1996 Alumni Set for 30th Anniversary Homecoming

The event, themed “OHS ’96 Set 30 Years Homecoming & Reunion,” will take place at Sherof Hall and is expected to bring together members of the class from across Nigeria and the diaspora.

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LAGOS, July 12, 2026 — Alumni of the 1996 graduating class of Oshodi High School (OHS), Oshodi, Lagos, have commenced preparations for their 30th anniversary celebration, scheduled to hold on October 1, 2026.


The event, themed “OHS ’96 Set 30 Years Homecoming & Reunion,” will take place at Sherof Hall and is expected to bring together members of the class from across Nigeria and the diaspora.


In a statement issued by the alumni executive committee, the organisers described the reunion as a milestone celebration and an opportunity for former classmates to reconnect after three decades.


“It has been a remarkable 30 years since we graduated from Oshodi High School, Oshodi. Over the decades, each of us has grown, achieved and become who we are today,” the statement said.


The committee noted that the reunion is designed to enable members to relive cherished memories, renew old friendships, strengthen professional and business networks, and celebrate God’s faithfulness throughout their individual and collective journeys.


According to the organisers, the anniversary will also serve as an avenue to reflect on the values instilled by the school and the impact they have had on the lives and careers of members over the past three decades.


The event is expected to feature networking sessions, entertainment, the recognition of distinguished alumni, and other activities aimed at strengthening the bond among members of the 1996 graduating class.


The executive committee urged all members of the set to attend the reunion and contribute to making the celebration a memorable and historic occasion.

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President Tinubu Celebrates Rescue of Oriire Abducted Pupils and Teachers

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.……Commends Security Forces

President Bola Tinubu has expressed profound joy over the successful rescue of abducted children and their teachers from Oriire community in Ogbomoso, Oyo State, describing the operation as a major victory for Nigeria’s security agencies.

In a statement issued on Friday by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu praised the military, Department of State Services (DSS), and police for their relentless efforts over the past 56 days, which led to the safe release of the hostages without collateral damage. The operation also resulted in the arrest of eight abductors and the neutralisation of others.

The President acknowledged the immense pain and anxiety endured by the abducted children, their teachers, families, and the entire nation since the incident occurred. He, however, noted that the successful military, police, and intelligence-driven operation has brought relief after more than 50 days of siege.

“I am profoundly happy that our security forces successfully rescued the abducted pupils and teachers from Oriire, Ogbomoso in Oyo State today,” President Tinubu said.

“This successful military operation has ended the siege and standoff of over 50 days and has brought relief to the entire nation and the affected families in particular. On behalf of the country, I express my gratitude to the officers and men of our armed forces, the intelligence agencies and the police for the safe rescue of the children and their teachers.”

The President vowed that his administration would ensure justice for the victims and the family of Mr. Oyedokun, who was gruesomely murdered by the terrorists during the abduction.

He commended the Oyo State Government for its cooperation with the Federal Government throughout the rescue efforts and directed it to strengthen security around schools across the state.

President Tinubu also instructed emergency agencies to collaborate with the Oyo State Government in providing comprehensive medical care and relief support to the rescued children and teachers.

The development marks a significant boost for the Tinubu administration’s security agenda amid ongoing efforts to tackle banditry and kidnapping in parts of the country.

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BREAKING: Oyo Abducted Schoolchildren Freed from Terrorists’ Hideout

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In a major breakthrough against insecurity in Nigeria’s Southwest, security forces have successfully rescued dozens of schoolchildren and teachers who were abducted from schools in Oyo State’s Oriire Local Government Area.

The joint operation, involving the Nigerian Army, police, and local security networks, freed the victims from a terrorists’ hideout believed to be within the expansive Old Oyo National Park axis. Details of the rescue are still emerging, but authorities confirmed that the children and their teachers are safe and receiving medical attention before being reunited with their families.

The abduction occurred on May 15, 2026, when armed gunmen stormed Baptist Nursery and Primary School in Yawota, Community Grammar School, and L.A. Primary School in Ahoro-Esinle, kidnapping approximately 39 pupils and seven teachers. The incident sparked widespread outrage, protests across the state, and intense pressure on the government to secure their release.

Oyo State Governor Seyi Makinde and security chiefs had repeatedly assured residents that intensive operations were underway, with intelligence indicating the victims were held in the vast forest reserve spanning multiple local government areas. The Chief of Army Staff, Lieutenant General Waidi Shaibu, recently described the ongoing efforts as making “tremendous progress,” boosting hopes that culminated in today’s successful rescue.

President Bola Tinubu’s administration has been commended for coordinating the military-intelligence-driven operation. Families of the abducted expressed immense relief, with many describing the ordeal as a nightmare that tested the resilience of the community.

Security sources say several suspects were neutralized or arrested during the raid, though details remain classified to protect ongoing efforts against banditry and kidnapping syndicates in the region.

This rescue comes amid heightened concerns over repeated attacks on schools in parts of Nigeria, echoing past high-profile incidents. Authorities have vowed to strengthen school security and root out criminal elements operating in forest areas.

More updates will follow as the victims are debriefed and full details of the operation are released.

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