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REPS APPROVE TINUBU’S TAX REFORM BILLS The House of Representatives on Thursday approved the tax reform bills forwarded ...
13/03/2025

REPS APPROVE TINUBU’S TAX REFORM BILLS
The House of Representatives on Thursday approved the tax reform bills forwarded by President Bola Tinubu to the National Assembly.

The bills include the Nigerian Tax Bill, the Tax Administration Bill, the Revenue Tax Board Bill, and the Nigerian Revenue Service Establishment Bill.

This followed clause by clause consideration of all relevant amendments on the bills at the Committee of the Whole.

Some of the amendments include retention of the Value Added Tax rate at the current 7.5 percent as opposed to a staggered increase, and extension of income tax exemptions to specific agricultural businesses and military officers.

With the adoption of the report on the tax bills, the House of Representatives is working towards eventual passage of the tax bills next week.
Speaking after the House considered and adopted the report on the four tax reform bills, the Chairman of the House of Representatives Committee on Finance, James Faleke (APC-Lagos), stated that concerns of Nigerians have been taken care off in the documents.

The lawmaker assured Nigerians that the tax reform bills will produce widely acceptable laws.
“These bills underwent three full days of public hearings, with input from over 80 key stakeholders. Afterward, we held an eight-day retreat to debate each clause.

“I am glad that House members recognised our thorough work and approved all our recommendations,” Faleke said.
He thanked fellow lawmakers and Nigerians who engaged with the bills, assuring them that the resulting laws will be acceptable to all.

Faleke also thanked the House leadership for entrusting his committee with processing the tax bills and presenting them for consideration.

He commended President Bola Tinubu for prioritising tax law reforms, noting that some existing tax laws date as far back as 1959.

SOUTHERN YOUTHS CONDEM ALLEGED PLOT TO SACK AKPABIO A group under the aegis of the Amalgamated Southern Nigeria Youths F...
13/03/2025

SOUTHERN YOUTHS CONDEM ALLEGED PLOT TO SACK AKPABIO

A group under the aegis of the Amalgamated Southern Nigeria Youths Forum has condemned, in very strong terms, moves by a section of the country to remove the President of the Senate, Senator Godswill Akpabio, as the number three citizen.
The group, while describing the face-off between Akpabio and the Chairman Senate Committee on Diaspora and NGOs, Senator Natasha Akpoti-Uduaghan, PDP, Kogi Central, as a politically motivated attempt to bring him down, however, dismissed the alleged sexual harassment claims against the President of the Senate, calling them a failed strategy aimed at destabilizing his leadership
Addressing Journalists yesterday in Abuja, the group’s President, Hon. Oleh Victor, accused certain Northern elements of masterminding a smear campaign against Akpabio through Senator Natasha, alleging that the plot was designed to force his removal from office.
Flanked by the Secretary, Emmanuel Okorafor, the group’s President who accused certain northern elements of orchestrating false allegations against Akpabio, using Senator Natasha Akpoti-Uduaghan as a tool to execute their agenda, said that this conspiracy was designed to create unnecessary political tension and undermine the South’s rightful leadership position in the Senate and described it as dead on arrival.
Victor said,” The plan to remove Senator Akpabio has failed. It was dead on arrival. “We see clearly that this agenda was handed to Senator Natasha to execute, but they have failed woefully.
While highlighting Akpabio’s contributions to national development, the group noted that under his leadership, several bills benefiting Northern Nigeria, including the North Central Development Commission Bill and North West Development Commission Bill, were passed.
On his part, Okorafor Emmanuel, the forum’s Secretary, while describing the claim that the North has not benefited from Akpabio’s leadership as baseless and misleading, said, “The 2024 and 2025 budgets contain numerous projects for Northern Nigeria. This accusation of neglect is just another falsehood like the sexual harassment allegation,"
In a strong-worded warning, the forum criticized the Arewa Youth Assembly for attempting to dictate Senate affairs and accused them of exploiting ethnic politics to destabilize Southern leadership, adding, We will not sit back while northern interests use Natasha to harass our leader,” the forum warned. “If these attacks continue, we can respond in ways that will shake the nation.”

The group expressed outrage over the allocation of multiple LNG plants to Kogi State while Niger Delta states, which produce the gas, were sidelined. They called for a fair distribution of national resources and vowed to resist further economic exploitation of the South
The group expressed outrage over the allocation of multiple LNG plants to Kogi State while Niger Delta states, which produce the gas, were sidelined. They called for a fair distribution of national resources and vowed to resist further economic exploitation of the South.

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