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NACCIMA Seeks Cut in Corporate Taxes and VAT

The NACCIMA President, Dele Kelvin Oye, made  the requests on behalf of the business community, in a statement titled “Options for Economic Reform and Consequences for The Medium-Term Expenditure Framework for 2025-2027.”

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The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) is requesting the federal government to review corporate income taxes to 19 percent and peg Value Added Tax (VAT) at 7.5 percent.

NACCIMA also urges the government to include the private sector in tax reform discussions with stakeholders in areas such as aviation, telecommunications, manufacturers, and operators in free trade zones,  rather than using committees that “lecture taxpayers” without yielding positive outcomes.

The NACCIMA President, Dele Kelvin Oye, made  the requests on behalf of the business community, in a statement titled “Options for Economic Reform and Consequences for The Medium-Term Expenditure Framework for 2025-2027.”

“We believe corporate taxes should be further reduced to 19 percent and VAT pegged at 7.5 per cent. We believe this will grow the economy and result in higher tax revenues for the government.

As a caveat to protect government revenues, each taxpayer must not pay less than the preceding tax year,” he said.

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Insecurity Renders 80 million Nigerian youths jobless- Report

The document, titled “State of the Nigerian Youth Report 2025,” presented in Abuja, yesterday, by the Advocacy and Youth Programme Officer at Plan International Nigeria, Jonathan Abakpa, painted a troubling picture of wasted opportunities in a country where over 60 percent of the population is below the age of 30.

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A new report by an independent humanitarian non-profit organisation, Plan International Nigeria, has said that nearly 80 million Nigerian youths are unemployed, while more than 1,500 schools have been shut in the past two years due to insecurity.

The organisation, while raising alarm over the worsening conditions confronting young people in the country, said the development had left about one million children out of school.

The document, titled “State of the Nigerian Youth Report 2025,” presented in Abuja, yesterday, by the Advocacy and Youth Programme Officer at Plan International Nigeria, Jonathan Abakpa, painted a troubling picture of wasted opportunities in a country where over 60 percent of the population is below the age of 30.

The report, produced in collaboration with ActionAid Nigeria, with contributions from policy and advocacy experts, was presented at the Nigerian youth dialogue in commemoration of the International Youth Day, organised by the House of Representatives Committee on Youth in Parliament.

(The Guardian )

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Benjamin Hundeyin Takes Over As New Force PRO

The IGP urged Hundeyin to deploy his wealth of experience in communications and security to further strengthen the image of the Nigeria Police Force and sustain robust relations with the public.

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The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has approved the appointment of Chief Superintendent of Police (CSP) Benjamin Hundeyin as the new Force Public Relations Officer (FPRO).

He takes over from DCP Olumuyiwa Adejobi, who served as Force PRO until his redeployment.

Hundeyin, a graduate of English Language from Lagos State University, also holds a Master’s degree in Legal Criminology and Security Psychology from the University of Ibadan.

He further obtained a Certificate in Civil-Military Coordination from the Martin Luther Agwai International Leadership and Peacekeeping Training Centre, Jaji, Kaduna State.

The new FPRO is an Associate of the Nigerian Institute of Public Relations (NIPR), a Member of the International Public Relations Association (IPRA), and an Associate of the Chartered Institute of Personnel Management of Nigeria (CIPM).

A seasoned communicator, Hundeyin previously served as the Police Public Relations Officer at Zone 2 Command, Lagos, and later at the Lagos State Police Command.

He was also part of Nigeria’s contingent to the United Nations Peacekeeping Mission in Darfur, Sudan, in 2020, and at different times worked at the Force Headquarters, Abuja, as Administration Officer in the Public Relations Department.

The IGP urged Hundeyin to deploy his wealth of experience in communications and security to further strengthen the image of the Nigeria Police Force and sustain robust relations with the public.

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BREAKING: Iconic Italian Fashion Designer, Giorgio Armani Dies at 91

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The legendary Italian fashion designer Giorgio Armani has died at the age of 91, his company announced on Thursday.

“With infinite sorrow, the Armani Group announces the passing of its creator, founder, and tireless driving force: Giorgio Armani,” the fashion house said in a statement.

The fashion house said that Armani “passed away peacefully, surrounded by his loved ones”, noting that he remained committed to his craft until the very end.

“Tireless, he worked until his final days, dedicating himself to the company, its collections, and the diverse and ever-evolving projects both existing and in progress,” the statement read.

Ohibaba.com reports that Armani founded his eponymous label in 1975, revolutionising global fashion with his trademark sleek, understated designs.

His style soon became synonymous with elegance and sophistication, extending beyond clothing into lifestyle, interiors, fragrances, and luxury accessories.

Over the decades, Armani dressed Hollywood stars, world leaders, and athletes, building a global empire that redefined Italian fashion on the world stage.

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