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JUST IN: House of Representatives passes Tax Reform Bills

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The House of Representatives has passed for the third reading the four Tax Reforms Bills the National Assembly received last October from the Executive arm of government.

The House, during plenary last Thursday, considered and approved the report of its Committee on Finance that worked on the Bills and the submissions received from Nigerians.

The Bills had generated a lot of controversy: northern leaders, the Nigeria Governors’ Forum (NGF) and other interest groups opposed some sections of the Bills.

During yesterday’s plenary, House Leader Julius Ihonvbere moved for the Bills to be read for the third time.

He noted that “a Bill for an Act to Provide for the Assessment, Collection of, and Accounting for Revenue Accruing to the Federation, Federal, States and Local Governments; Prescribe the Powers and Functions of Tax Authorities, and for Related Matters” be read for the third time.

Ihonvbere also moved “That A Bill for an Act to Repeal the Federal Inland Revenue Service (Establishment) Act, No.13, 2007 and Enact the Nigeria Revenue Service (Establishment) Bill to Establish Nigeria Revenue Service, charged with Powers of Assessment, Collection of, and Accounting for Revenue Accruable to the Government of the Federation and for Related Matters be read for the third time;

“A Bill for an Act to Establish Joint Revenue Board, the Tax Appeal Tribunal and the Office of the Tax Ombud, for the Harmonisation, Coordination and Settlement of Disputes arising from Revenue Administration in Nigeria and for Related Matters be read for the third time;

“A Bill for an Act to Repeal Certain Acts on Taxation and Consolidate the Legal Frameworks Relating to Taxation and Enact the Nigeria Tax Act to Provide For Taxation of Income, Transactions and Instruments, and for Related Matters be read for the third time”.

Members unanimously voted on the four Bills and they were read for the third time and passed.

The Bills will now be forwarded to the President for assent after their passage by the Senate and possible harmonasation of the Red and Green Chambers’ version.

The Bills had attracted serious opposition from members of the House, especially those from the North who argued that some provisions in the Bills were not in the interest of their people.

After a series of engagements brokered by Speaker Tajudeen Abbas, the House held a three-day public hearing followed by an eight-day retreat for members to fine-tune and collate the views of Nigerians before submitting their report to the House.

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IBADAN: Early Morning Fire Destroys Shops, Millions Lost in Property

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An early morning fire on Friday, September 12, 2025, gutted four shops at Saki Garage, opposite Trans Amusement Park in the Bodija area of Ibadan, Oyo State.

The fire, which started around 2:07 a.m., affected four out of eleven shops in the complex. No casualties were reported, but properties worth millions of naira were lost.

Chairman of the Oyo State Fire Service, Hon. Maroof Akinwande, confirmed the incident and said firefighters were able to contain the blaze and prevent it from spreading to nearby buildings.

The fire was traced to embers left unattended after business hours, which ignited nearby flammable materials.

Akinwande advised the public to be vigilant, keep fire extinguishers at home and in shops, and store emergency fire service numbers. He also commended Amotekun officers from the Bodija Division for providing security during the firefighting operation.

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Air Peace Differs with NSIB reports on crews involvement in drugs, alcohol

Air Peace conducts frequent alcohol and drug tests on our crew. We have a very strict alcohol use policy that is stricter than the 8 hours before the flight as provided in the regulations. Drug use is a NO-NO!

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Air Peace has responded to the Nigerian Safety Investigation Bureau (NSIB) regarding the incident involving one of its aircraft at Port Harcourt on July 13, 2025.

The airline said to date, no official communication was received on crew toxicology results by NSI, B, and the Nigeria Civil Aviation Authority (NCAA) had cleared the co-pilot on duty.

In a statement by Air Peace, it stated that it is yet to receive any official communications from the NSIB on such findings over a month after the incident and after the testing of the crew for alcohol, which took place in less than an hour of the incident!

“As a responsible airline, we place utmost priority on safety, transparency, and compliance, and it is important to set the record straight.

“Air Peace conducts frequent alcohol and drug tests on our crew. We have a very strict alcohol use policy that is stricter than the 8 hours before the flight as provided in the regulations. Drug use is a NO-NO!

The NSIB had on Thursday released the preliminary report on its ongoing investigation into the serious incident involving a Boeing 737-524 aircraft, operated by Air Peace, saying initial toxicological tests conducted on the flight crew revealed positive results for certain substances, including indicators of alcohol consumption.

The report said that a cabin crew member also tested positive for Tetrahydrocannabinol (THC), the psychoactive component in cannabis.

“These results are being reviewed under the human performance and safety management components of the investigation.”, a statement on the report signed by Bimbo Olawumi Oladeji, Director, Public Affairs and Family Assistance, NSIB, said.

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Hilda Baci Cooking World’s Largest Pot of Jollof Rice Today at Eko Hotel

Baci also disclosed she would be using 250 bags of rice to create what she hopes will become the world’s biggest pot of Nigerian jollof rice.

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Celebrity chef and Guinness World Record holder Hilda Baci is cooking what she describes as the world’s largest pot of Nigerian jollof rice at Eko Hotel and Suites today (Friday) in Lagos.

A video shared on her Instagram page on Thursday showed the moment the massive pot arrived at the venue of the record-breaking attempt in Lagos.

Another clip shared on her Snapchat story captured Hilda and her mother praying at the venue ahead of the event.

Baci announced on Wednesday that more than 20,000 people had registered to attend the event dubbed “Gino World Jollof Festival with Hilda Baci”

She emphasised that the event which kicks off at 9 a.m. on Friday, September 12, is free to attend, and that guests will “certainly not be paying for the amazing meal that I’m going to make for you.”

According to Baci, the historic attempt will feature a giant pot measuring six metres wide and six metres tall, in collaboration with seasoning and culinary brand Gino.

Baci also disclosed she would be using 250 bags of rice to create what she hopes will become the world’s biggest pot of Nigerian jollof rice

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