News
President Tinubu signs four TAX Bills into Law Tomorrow
President Bola Tinubu will, on Thursday, sign into law four groundbreaking tax reform bills that will transform Nigeria’s fiscal and revenue framework.
According to the press release signed by Bayo Onanuga, Special Adviser to the President (Information and Strategy) the four bills, the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, were passed by the National Assembly after extensive consultations with various interest groups and stakeholders.
When the new tax laws become operational, they are expected to significantly transform tax administration in the country, leading to increased revenue generation, improved business environment, and a boost in domestic and foreign investments.
The historic presidential assent to the bills at the Presidential Villa, Abuja, will be witnessed by the Senate President, Speaker of the House of Representatives, Senate Majority Leader, House Majority Leader, chairman of the Senate Committee on Finance, and his House counterpart.
The Chairman of the Governors Forum, the Chairman of the Progressives Governors Forum, the Minister of Finance and Coordination Minister of the Economy, and the Attorney General of the Federation will also attend the ceremony.
One of the four bills is the Nigeria Tax Bill (Ease of Doing Business), which aims to consolidate Nigeria’s fragmented tax laws into a harmonised statute.
By reducing the multiplicity of taxes and eliminating duplication, the bill will enhance the ease of doing business, reduce taxpayer compliance burdens, and create a more predictable fiscal environment.
The second bill, the Nigeria Tax Administration Bill, will establish a uniform legal and operational framework for tax administration across federal, state, and local governments.
The Nigeria Revenue Service (Establishment) Bill, the third bill, repeals the current Federal Inland Revenue Service Act and creates a more autonomous and performance-driven national revenue agency— the Nigeria Revenue Service (NRS).
It defines the NRS’s expanded mandate, including non-tax revenue collection, and lays out transparency, accountability, and efficiency mechanisms.
The fourth bill is the Joint Revenue Board (Establishment) Bill. It provides for a formal governance structure to facilitate cooperation between revenue authorities at all levels of government.
It introduces essential oversight mechanisms, including establishing a Tax Appeal Tribunal and an Office of the Tax Ombudsman.
News
JUST IN: One Killed, Two Injured in Tragic Truck Collision on Jimgbe–Ajaokuta–Lokoja Road
A devastating road accident on the busy Jimgbe–Ajaokuta–Lokoja highway claimed the life of a middle-aged mechanic on Sunday afternoon, while two other individuals sustained serious injuries.
The crash occurred around 1:30 p.m when a truck loaded with stones suffered a sudden mechanical failure and veered off course, slamming into another truck parked by the roadside.
The deceased, identified simply as Ayuba, was a mechanic actively repairing the parked truck at the time of the impact. Eyewitnesses described how the moving truck rammed directly into the stationary vehicle, trapping victims in the wreckage.
FRSC officers, assisted by good Samaritan motorists, worked frantically to extricate those trapped and provide immediate assistance at the scene.
The two injured victims were promptly evacuated to a nearby hospital for urgent medical treatment.
Traffic along the critical route was temporarily disrupted but has since returned to normal following the removal of the wreckage.
The incident serves as yet another stark reminder of the persistent road safety challenges on Nigerian highways, including mechanical failures, improper parking, and the risks faced by roadside workers.
Authorities continue to urge drivers to ensure regular vehicle maintenance and adherence to safety protocols to prevent such tragedies.
Investigations into the exact cause of the mechanical fault are ongoing.
News
Army says 80 Cross River militants surrender arms
Sokoya said that the militants were handed to the Rapid Response team of the Cross River State government after the exercise, and are currently undergoing profiling by the Department of State Services (DSS) at Muka Sam Hotel, Ikot Ansa, Calabar.
Photo: Cross River militants surrender arms | Photo: @HQNigerianArmy on X
80 militants voluntarily emerged from the creeks in Akpabuyo LGA of Cross River State and surrendered their arms to the Nigerian Army under the state government’s amnesty programme.
This was disclosed on Friday by Yemi Sokoya, assistant director, army public relations, Headquarters 13 Brigade.
Sokoya said that the surrender took place at Atimbo rear area, Operation Okwok, adding that the militants sprung from two separate camps.
He said that the first camp, led by ThankGod Ebikontei, also known as Ayibanuagha, presented 39 fighters, while the second camp, headed by John Isaac, also known as Akpokolo, surrendered 41 fighters.
The second group is popularly known as the Akpokolo Marine Forces or Border Boys, according to the army.
Sokoya said the militants also surrendered a cache of arms, ammunition, and other items during the exercise.
“These included three AK-47 rifles, two pump action guns, one Mark 4 rifle, one G3 rifle, twelve single-barrel guns, ten AK-47 magazines, three speed boats, four boat house power engines, one C4 charge explosive, nineteen rounds of 7.62mm NATO ammunition, and eighty-four DENGUN cartridges, as well as other assorted military kits, tools, locally fabricated weapons, and accessories,” he said.
Sokoya said that the militants were handed to the Rapid Response team of the Cross River State government after the exercise, and are currently undergoing profiling by the Department of State Services (DSS) at Muka Sam Hotel, Ikot Ansa, Calabar.
News
2Baba’s son, Zion, matriculates at Pan-Atlantic University
Adeoye wrote, “Today, my second son begins his journey in finance… Admitted, you earned it, son. Congratulations on your matriculation.
Zion Idibia, the second son of Nigerian music icon Innocent Idibia, popularly known as 2Baba, has matriculated at Pan-Atlantic University.
Sumbo Adeoye, his mother, disclosed this on her Instagram page on Saturday.
Adeoye wrote, “Today, my second son begins his journey in finance… Admitted, you earned it, son. Congratulations on your matriculation. Greater works ahead in Jesus’ name.”
Zion is one of the two sons Adeoye shares with the singer. The other is Nino.
Adeoye is known as 2Baba’s first baby mama, with whom he had the two children before their relationship ended around 2009 following revelations of his involvement with other women.

•2Baba’s baby mama, Sumbo Adeoye and son, Zion. Photo credit: Adeoye/Instagram
-
Entertainment3 days agoTinubu Commends Rema, Burna Boy, Shallipopi, Other Nigerian Stars as Nigeria Dominates 9th AFRIMA
-
Politics3 days agoSHOCKING: Atiku’s Son Abba defects to APC, Pledges Support For Tinubu’s 2027 Re-election
-
Politics2 days agoAtiku reacts to his son’s defection to APC ” It’s personal to him”
-
Crime2 days agoSupreme Court Orders Sule Lamido ₦1.35bn Corruption Trial to Resume
-
News2 days agoFG approves 6-month maternity leave for female lecturers without pay
-
Business2 days agoLIRS gives employers Jan 31 deadline for filing 2025 tax returns
-
News2 days agoInsurgency: Trump allocates N587bn to US Africa Command for military operations in Nigeria, others
-
International2 days agoAustralian woman wakes to find massive python on her chest
