Author: Friday Omosola

Nigerian business mogul Femi Otedola has commended President Bola Tinubu for signing the tax reform bills into law. In a statement posted on his X page on Friday, he described the move as a significant step towards creating a more transparent, efficient, and investment-friendly economy. READ ALSO: Femi Otedola celebrates Aliko Dangote, hails him as Africa’s greatest entrepreneur Mr Otedola welcomed the reforms, noting that they would simplify Nigeria’s tax system, promote fairness, and restore public confidence in revenue collection and utilisation. “These reforms will reduce complexity, promote fairness, and restore confidence in how revenues are collected and used. “It’s not…

The Economic and Financial Crimes Commission (EFCC) has opposed an application by former Kogi State Governor, Yahaya Bello, seeking permission to travel abroad for medical treatment. Mr Bello’s request was presented yesterday, before Justice Emeka Nwite at the Federal High Court, Maitama, Abuja, during the resumed hearing of his alleged N80.2 billion money laundering case. Mr Bello’s counsel, J.B. Daudu, urged the court to prioritise the former governor’s health, arguing that the application was properly filed under Section 173(2)(a) of the Administration of Criminal Justice Act (ACJA) and the court’s inherent jurisdiction. READ ALSO: FG sues suspended Senator Natasha for defamation,…

The Independent National Electoral Commission (INEC) and Nigeria’s security agencies have intensified preparations for the forthcoming by-elections, the Anambra off-cycle governorship election, and the resumption of the Continuous Voter Registration (CVR) across the country. This followed a high-level meeting yesterday at INEC’s headquarters in Abuja, where the Commission held its second quarterly consultative session with the Inter-Agency Consultative Committee on Election Security (ICCES) to strategise on ensuring a peaceful and credible electoral process. Addressing the session, INEC Chairman, Professor Mahmood Yakubu, stressed the importance of securing election personnel, materials, and voters to guarantee the success of the upcoming polls. He…

The Lagos State Health District V has intensified efforts to strengthen primary healthcare delivery through strategic community engagement with key stakeholders across four Local Government Areas (LGAs) and six Local Council Development Areas (LCDAs). The Permanent Secretary of the district, Oladapo Asiyanbi, led the engagement session held recently at the Amuwo-Odofin Local Government Secretariat Hall, bringing together representatives of the Local Government Health Authorities (LGHAs) and Ward Health Committees (WHCs). The meeting focused on improving the performance of Primary Health Centres (PHCs) under the Basic Health Care Provision Fund, which provides direct funding to PHCs for the maintenance of the…

The Federal Inland Revenue Service (FIRS) Chairman, Zacch Adedeji, has announced that Nigeria’s newly enacted tax laws will come into force on January 1, 2026. Speaking to journalists at the State House yesterday, he said the timeline provides the government with a six-month window to adequately plan and sensitise stakeholders about the impending changes. He noted that implementing such reforms requires significant adjustments across all sectors, including regulators, operators, and participants. “It’s a process that demands proper preparation, not something to simply rush through media channels. By the grace of God, the new system will take effect from the start…

The Senate Committee on Public Accounts has given the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, a strict 10-day deadline to address 11 major financial concerns linked to discrepancies in the company’s audited accounts. The committee cautioned that failure to respond within the specified timeframe could lead to serious constitutional actions. READ ALSO: SERAP drags NNPCL to court over alleged N500bn unremitted oil proceeds Senator Aliyu Wadada, who chairs the committee, expressed strong disapproval over what he described as shocking financial irregularities in NNPCL’s records. Among the issues flagged were over M200 trillion in…

Governor Babajide Sanwo-Olu of Lagos State has urged stakeholders to invest in the state’s waterways and collaborate in promoting safer, more efficient, and sustainable water transportation systems across Nigeria. Speaking at the 2025 Regional Ferry Safety Conference held at the Lagos Continental Hotel, Victoria Island, Mr Sanwo-Olu, represented by his Deputy, Obafemi Hamzat, highlighted Lagos as a viable market with over 20 functional water terminals and several more jetties under development. The conference, themed ‘Charity Safer Waters: Advancing Ferry Safety through Innovation, Collaboration, and Integrated Transport Solutions,’ brought together key players in the water transport sector to discuss safety, innovation,…

The Federal High Court in Abuja has rescheduled the hearing on the dispute concerning the rightful National Secretary of the Peoples Democratic Party (PDP) to 22 September. Justice Mohammed Umar fixed the new date for a definite hearing after parties involved in the case agreed to the postponement. The matter appeared before Justice Umar for the first time, although it had previously been handled by Justice Inyang Ekwo, who was set to deliver judgment before the plaintiff, Samuel Anyanwu, applied to amend his initial filing. READ ALSO: PDP NWC denies NEC postponement, Anyanwu’s reinstatement Mr Anyanwu, the embattled PDP National Secretary,…

The Lagos State Building Control Agency (LASBCA) has dissociated itself from the alleged demolition of a property said to belong to the brother of the former Labour Party’s presidential candidate, Peter Obi, in the state. The New Daily Prime reported that Mr Obi, in a statement on his X page on Wednesday, recounted how his younger brother’s company property in Ikeja, Lagos, was invaded and demolished by unidentified individuals without a valid court order or demolition permit. He raised alarm over what he described as the worsening state of lawlessness and disregard for citizens’ rights in Nigeria. Addressing the former…

The Federal Capital Territory (FCT) High Court has postponed the trial of former Kogi State Governor, Yahaya Bello, and two others in the ongoing money laundering case. The matter has been rescheduled to continue on October 8 and 9, as well as November 12 and 13. Justice Maryanne Anenih adjourned the proceedings after the Economic and Financial Crimes Commission (EFCC) presented multiple documents through its third witness in an effort to support the allegations against Mr Bello and his co-defendants, Umar Shuaib Oricha and Abdulsalam Hudu. READ ALSO: Yahaya Bello meets bail condition, released from prison During Wednesday’s hearing, Segun Adeleke,…