By Taiwo OyedeleSome people have expressed the view that the proposed VAT rate increase as part of the Tax Reform Bills will fuel inflation and lead to more hardship for the people. To address this issue, let’s examine the facts and answer some key questions: Question 1There are concerns that the VAT reform contained in the tax bills including the proposed increase in VAT rate will lead to inflation. Is this so? Answer 1No. The VAT reform, including the proposed increase in VAT rate, is part of a package involving several measures designed to reduce, NOT increase prices and therefore…
Author: Alade Adisa
The Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, addressed the rumours in a statement on his official X account on Thursday night. Recently, the governments of Nigeria and France signed a Memorandum of Understanding (MoU) to develop joint projects aimed at promoting and diversifying the critical minerals value chain in the solid minerals sectors of both countries. The MoU, signed during President Tinubu’s official visit to France, focuses on collaboration in research, training, and student exchange programmes between Franco-Nigerian institutions to facilitate knowledge and skills transfer. The agreement, however, led to speculations on social…
The wife of President Bola Tinubu, Oluremi, has instituted an endowment fund of N50 million for the best graduating female students of Joseph Ayo Babalola University (JABU), Ikeji Arakeji, Osun State. Nigeria’s First Lady made the donation to the university following her conferment with an honorary doctoral degree during the 15th convocation ceremony of the institution. According to the president’s wife, who was represented by the First Lady of Ekiti State, Dr. Olayemi Oyebanji, the endowment fund will further spur female students in their mission of academic excellence and innovation. While expressing her belief in empowering women through education, she…
Jose Mourinho has responded to Pep Guardiola’s apparent trophy dig, insisting that the Spaniard’s Premier League title achievements will always carry the shadow of the 115 financial charges facing Manchester City. Guardiola, recently jeered by Liverpool fans over City’s struggles, responded by raising six fingers to signify his Premier League titles. When reminded that Mourinho had previously used a similar gesture to highlight his three league titles before being dismissed, Guardiola offered in response;“I hope that’s not the case for me. But in the end, we are similar in some ways. However, he won three Premier Leagues, and I’ve won…
The Inspector General of Police (IGP), Kayode Egbetokun, has described Nigeria’s criminal justice system as “weak, sick, and in need of a complete overhaul.” Egbetokun made this statement on Thursday during the 2024 Annual Lecture and Award Ceremony organized by the Crime Reporters Association of Nigeria (CRAN). He likened the justice system to a sick person in dire need of medical intervention. The IGP emphasized that the police alone cannot be held responsible for the failings of the criminal justice system, urging Nigerians to consider the broader challenges involving other stakeholders. “Police is not the only pillar or stakeholder in…
The Police Service Commission (PSC) has announced the dismissal of 19 officers for “gross misconduct,” in violation of the Commission’s rules and regulations. The dismissal of the officers announced on Friday was sequel to the decision made during the PSC’s plenary in Abuja, led by Chairman Hashimu Argungu, a retired Deputy Inspector-General of Police (DIG). The commission also downgraded the ranks of 19 other officers found guilty of various offenses. The dismissed officers include 10 Assistant Superintendents of Police (ASPs), six Deputy Superintendents of Police (DSPs), two Chief Superintendents of Police (CSPs), and one Superintendent of Police (SP). Their dismissal…
Tragedy struck along Kente Road in Wukari Local Government Area of Taraba State on Thursday when armed gunmen attacked the mother of the state governor, Jumai Kefas, and his sister, Atsi Kefas. Intelligence sources told Zagazola Makama that During the attack, a police officer assigned to escort the family accidentally shot Atsi Kefas while attempting to fend off the assailants. The incident occurred as the family was traveling through the area, which has seen a rise in bandit activities. Following the attack, troops swiftly responded to rescue the victims. Both Jumai Kefas and Atsi Kefas were evacuated to safety using…
President Bola Tinubu has authorized the immediate release of funds to settle pension arrears, salary increments, and other entitlements owed to retired military personnel. This decision follows two days of peaceful protests by military veterans at the Federal Ministry of Finance. Minister of State for Defence, Dr. Bello Matawalle, announced the development on Friday, expressing appreciation for the President’s timely intervention. In a statement issued by the Ministry of Defence’s Director of Press and Public Relations, Mr. Henshaw Ogubike, Matawalle confirmed that military personnel have already started receiving alerts for the three-month salary increase. The minister lauded Tinubu’s unwavering commitment…
By Rasheed Aro I have had the privilege of studying at Afe Babalola University, and mentored by Aare Afe Babalola SAN countless times.In light of the recent controversy surrounding Aare & Dele Farotimi, I have come across several opinions; some from respected individuals who have now lost a part of my respect and others from those who, despite their legal education, seem to lack an understanding of the law.While I do not claim to know much about the law, here are my submissions on this matter based on my limited knowledge below: Defamation is both a civil wrong (tort) and…
There was heightened tension in Kano on Thursday evening as security operatives from the Department of State Service (DSS) took over the premises of the Kano Emir’s palace at Kofar Kudu, restricting both entry and exit, raising concerns among residents. Emir Muhammadu Sanusi II is anticipated to accompany the newly-appointed Wamban Kano, Munir Sanusi, to his posting in Bichi. According to DAILY NIGERIAN, the Bichi palace is similarly surrounded by armed police. Also, unconfirmed reports said the presence of security personnel is linked to an anticipated address by Emir Muhammadu Sanusi II on the contentious tax reform bills. Sources suggest…