Chairman, Presidential Advisory Committee on Fiscal Policy and Tax Reform, Mr. Taiwo Oyedele, on Monday, said the federal government did not intend to withdraw the controversial tax reform bills currently before the National Assembly.Speaking at a town hall meeting on “Tax Reform Bills: Charting the Way Forward”, which was hosted by a national television, Oyedele said the committee was rather ready to repeat engagements with stakeholders.There had been growing calls…

Kwara State Governor, Abdulrahman Abdulrazaq has reiterated his administration’s commitment to supporting fish farmers in the state, emphasising the sector’s role in job creation, food security, and nutrition.  This declaration came as the state celebrated World Fisheries Day under the theme, “The Economic Significance of Fishery to the Development of Kwara State.” Speaking at the event, which was organised by the Ministry of Agriculture and Rural Development, the governor, represented…

The Kwara State Ministry of Finance has clarified why some government workers have yet to receive their November salary and bonus.  In a statement released on Monday, the Commissioner for Finance, Hauwa Nuru, explained that payments are linked to workers’ compliance with the Kwara State Resident Registration Agency (KWSRRA) registration directive. Nuru revealed that many state government workers have already received their salaries, with others still being credited. Nuru added…

In a bid to alleviate the financial burden on commuters in the nation’s capital, the Federal Government has launched a free Compressed Natural Gas (CNG) bus service in Abuja. The service, which began operations on December 2, 2024, is designed to ease transportation costs for residents in the city. The announcement was made by the Presidential CNG Initiative, which shared a video on its X (formerly Twitter) page, showing the…

US President Joe Biden has arrived in Angola for a pivotal two-day visit, marking his first and only trip to sub-Saharan Africa during his presidency. The visit, which began late on Monday, is primarily focused on advancing a major infrastructure initiative that is set to provide a significant counterpoint to China’s growing investments in the region. Biden’s visit is centred on the Lobito Corridor project, a large-scale multinational initiative aimed…

The Office of the Auditor-General of the Federation (OAuGF) has now received all necessary documents to verify the Nigerian National Petroleum Company Limited’s (NNPCL) N2.7 trillion fuel subsidy claim against the Nigerian government. This follows the procurement department of the Ministry of Finance obtaining the terms of reference and scope of work to guide the process of engaging an external firm that will assist the OAuGF with the audit. In…

In a significant policy change aimed at addressing the financial challenges faced by low-income pensioners, the National Pension Commission (PENCOM) has announced that retirees with insufficient savings can now withdraw the entirety of their retirement savings, or continue receiving their monthly pension payments. This decision follows the enactment of Nigeria’s new National Minimum Wage, which has seen a significant rise in the minimum wage to N70,000. The new regulation, which…

Stakeholders across Nigeria have called for more extensive consultations on the controversial tax reform bills currently under consideration in the National Assembly. This follows growing opposition from the Peoples Democratic Party (PDP), northern lawmakers, and various public figures who have expressed concerns about the potential economic and social impacts of the proposed legislation. The proposed tax reforms, which include the Nigeria Tax Bill 2024, Nigeria Tax Administration Bill, Nigeria Revenue…

Ondo State Governor, Lucky Aiyedatiwa, has renewed calls for intensified efforts to eradicate HIV/AIDS by 2030. Speaking on Monday during an awareness walk organized by the Ondo State Agency for the Control of AIDS (ODSACA), the governor urged stakeholders to sustain the fight against the epidemic while supporting people living with the virus. The awareness walk, part of the 2024 World AIDS Day commemoration, began at the Government House, Alagbaka,…

The 2023 presidential candidate of the Labour Party, LP, Peter Obi, has called for robust public engagement and transparency in the ongoing discussions about tax reform in Nigeria.  In a statement posted to the public, Obi emphasised the critical need for a participatory approach to policymaking, particularly for reforms of this magnitude. “Tax reform is a critical issue, and there is nothing wrong with pursuing it,” Obi stated. “However, such…

The Presidency has dismissed widespread misinformation surrounding the Tax Reform Bills currently under consideration by the National Assembly, assuring Nigerians that no provisions within the proposed legislation will lead to the scrapping of key government agencies or impoverish any region.   In a statement released on December 2 by Bayo Onanuga, Special Adviser to the President on Information and Strategy, the Presidency described the rumours as politically motivated attempts to mislead…

Plateau State Governor Caleb Mutfwang has reiterated his administration’s unwavering support for the Nigerian Army, emphasising its pivotal role in ensuring a safe and secure environment. In a statement issued by Gyang Bere, the Director of Press and Public Affairs to the governor, Mutfwang, represented by Ziphion Chrysanthus, Liaison Director for MDAs and Security Agencies, conveyed this assurance during the Centenary Celebration of the Nigerian Army Depot. The event, which…