News
Just in: Tinubu gives fresh directive on Tax reform Bills
Following the controversy emanating from the Tax Reforms Bills, President Bola Tinubu has directed the Ministry of Justice to work closely with the National Assembly to address the concerns within and outside the legislature.
The Minister of Information and National Orientation, Mohammed Idris, revealed this in a statement he signed Tuesday titled ‘President Tinubu committed to accountability on tax bills, directs Ministry of Justice to work with NASS on concerns.’
Mohammed said, “In line with the established legislative procedure, the Federal Government welcomes meaningful inputs that can address whatever grey areas there may be in the bill.
“In this vein, President Tinubu has already directed the Federal Ministry of Justice and relevant officials who worked on the drafts to work closely with the National Assembly to ensure that all genuine concerns have been addressed before the bills are passed.”
Following approval of the Federal Executive Council in October, President Tinubu transmitted four tax reform bills to the National Assembly for consideration.
The Federal Government says the bills are aimed at overhauling the nation’s tax system.
They include the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
The proposed legislation seeks to consolidate existing tax laws, establish clearer frameworks for tax administration, and create bodies like the Tax Appeal Tribunal and the Office of the Tax Ombudsman.
However, they have sparked significant controversy.
Critics argue that the reforms could disrupt the balance of fiscal federalism, potentially centralising tax authority and diminishing state revenues.
Notably, at a meeting on October 28, 2024, governors of the 19 Northern States, under the platform of the Northern Governors’ Forum, rejected the new derivation-based model for Value-Added Tax distribution in the tax reform bills.
They argued that the changes might adversely affect their regions’ financial autonomy.
Three days later, the National Economic Council comprising all 36 state governors asked the President to withdraw the Tax Reforms Bill from the National Assembly for more comprehensive consultations.
However, the President said there would be no need to withdraw the tax reforms bill from the National Assembly.
He insisted that, while the legislative process takes its course, inputs and changes can be made without withdrawing the bill from the NASS.
The controversy has permeated the legislative process. Some senators such as the dormer Senate Chief Whip, Ali Ndume, are calling for the withdrawal of the bills to allow for more extensive consultations.
Governor Babagana Zulum of Borno State has also warned that while President Tinubu can deploy his executive powers to pass the tax reform bills, there would be consequences for millions of Nigerians.
Zulum added that the proposed VAT-sharing model will only benefit Lagos and Rivers states.
Nonetheless, the Senate proceeded to pass the bills for a second reading, a move that has been met with harsh criticism.
In its statement on Monday, the Presidency said most reactions from political leaders and commentators “are not grounded in facts, reality, or sufficient knowledge of the bills.”
It said the tax bills will not enrich Lagos or Rivers states at the expense of northern states.
Corroborating the Presidency’s stance, the Information Minister said, “The fiscal reforms will not impoverish any State or region of the country, neither will they lead to the scrapping or weakening of any federal agencies.”
“Similarly, it is important to be aware that there is a lot of misinformation and fake news circulating around the tax bills and the overall reform agenda of the Tinubu Administration.
“I call on all commentators and groups to keep up the spirit of informed engagement, and to strive to be respectful and understanding at all times despite the diversity of opinions. In the spirit of democratic engagement, there should be no room for name-calling, or for the injection of unnecessary ethnic and regional slurs into this important national conversation,” Idris added.
The FG welcomed the nationwide debate on the bills saying “This is the very essence and meaning of democracy.”
It argued that contrary to the popular notions the bills will “bring relief to tens of millions of hardworking Nigerians across the country and empower and position our States and the 774 Local Governments for sustainable growth and development.”
It said the President’s ambitious fiscal reform agenda will devolve more resources to Nigeria’s State and Local Governments, and ultimately to the Nigerian people, in the spirit of harnessing democracy that works for the people.
Idris argued that Nigerians are witnessing the most far-reaching, impactful, and beneficial set of fiscal reforms that Nigeria has seen in decades.
In addition to the four tax bills being debated and deliberated upon, there is also the 2023 Supreme Court ruling on financial autonomy for local governments, which will significantly empower the tier of government that is closest to the Nigerian people.
The FG said these reforms will not only facilitate increased revenues (without imposing additional tax burdens on the people), they will also make it possible for citizens to demand and enjoy greater accountability in the management of public resources at all levels of government.
“President Tinubu and the administration will continue to champion policies that close the loopholes and gaps through which Nigeria’s valuable public resources have been frittered away for decades.
On top of this necessary foundation, the resources being conserved and realised from these reforms will be invested in critical infrastructure (healthcare, education, transportation, digital technology, etc) and in social investments that will benefit all Nigerians and ensure that no one is left behind.
“This is the promise and the reality of the Renewed Hope agenda,” the statement read.
The Governing Body of Jehovah’s Witnesses has announced that members can now decide whether to accept or donate the four main components of blood based on their personal conscience.
The organisation made this known in a statement issued by its World Headquarters in Warwick, New York and made available on its website on Friday.
According to the statement, “the decision to accept red cells, white cells, plasma or platelets from another person’s blood is a matter of personal conscience.”
Jehovah’s Witnesses announce adjustment to blood transfusion policy
It added that “each Witness must decide whether or not to donate blood for the clearly expressed purpose of providing components or fractions for use by another person.”
However, the organisation said its position on whole-blood transfusion had not changed.
“The long-standing refusal of whole-blood transfusions on religious grounds, a core teaching based on the command to ‘abstain from blood’ (Acts 15:20), is unchanged,” the statement said.
International spokesman for Jehovah’s Witnesses at the organisation’s World Headquarters, Paul Gillies, said, “Blood remains sacred to Jehovah’s Witnesses, who continue to regard life and blood as precious gifts from God.
“We recognise that medical decisions involving blood components are a matter of conscience between each Witness and their God, Jehovah.”
The organisation said the adjustment “follows earlier updates regarding blood fractions and the use of one’s own blood during medical procedures.”
It added, “Since the Bible does not comment on such decisions, they are a matter of individual conscience. That same reasoning has now been extended to the four main components of blood.”
On medical care, the statement said, “Jehovah’s Witnesses love life and want the best available medical care. They do not practise faith healing, and they seek out doctors who can provide effective treatment in accord with their wishes, values and beliefs.”
Gillies said local congregations would not interfere in members’ personal decisions.
“Congregations do not involve themselves in personal decisions that rest with the individual conscience. We will continue to respect and support the personal decisions of our fellow believers.
“We are grateful, too, for the many skilled and compassionate physicians who provide quality medical care that respects our personal wishes regarding blood,” he said.
The organisation said Jehovah’s Witnesses number “over nine million worldwide, in congregations across more than 200 lands.”
Recall that the religious group had clarified its position on the use of a member’s own blood during surgery and other medical procedures.
The clarification allowed individual Witnesses to decide whether their blood could be removed, stored and returned to them during medical treatment, while the organisation maintained its position against receiving blood from another person.
Punch
The Nigerian Army has dismissed as fake and unverified a purported intelligence alert warning of planned Boko Haram and ISWAP attacks on schools, churches, mosques, NYSC orientation camps and other public institutions across the country.
Anele said the Army was aware of the circulation and had heightened vigilance across its formations and commands to prevent attacks on vulnerable facilities.
She described the purported intelligence as speculation and urged the public not to treat the document as an official Army security alert.
The response followed the circulation of a document purportedly signed by one A.M. Sodiq, which claimed that Boko Haram and ISWAP were planning coordinated attacks across several parts of the country.
The document listed churches, schools, NYSC orientation camps and other vulnerable locations as possible targets and alleged that suspected ISWAP operatives had begun surveillance of selected locations.
It further claimed that the alleged attacks could coincide with the resumption of the 2026/2027 academic session.
However, the Army disowned the document, maintaining that it did not originate from the institution.
The Army assured Nigerians that security formations remained on heightened alert and were taking necessary measures to protect schools, places of worship and other vulnerable public facilities.
MINNA, Niger State — An engine oil seller in Minna, the Niger State capital, has reportedly sustained serious injuries after allegedly being shot during a police operation to disperse protesters.
The victim, identified as Ibrahim Mohammed Dada, was reportedly standing outside his shop at Tunga Market when he was struck by a bullet.
Ibrahim’s brother, Yakubu Dada Mohammed, said the victim was not part of the protest and was attending to customers at his engine oil stall when the incident occurred.
According to him, Ibrahim was simply trying to earn a living and support his family when a police officer allegedly fired a shot that hit him in the head and severely injured his face.
«“He was not among those protesting. He was standing in front of his shop selling engine oil when one of the police officers fired a bullet that struck his head and badly injured his face,” Yakubu said.»
Ibrahim is currently receiving treatment at Minna General Hospital, where his condition was reportedly described as critical.
The incident occurred amid protests in Minna over the reported deaths of 37 miners who were allegedly in the custody of the Nigeria Security and Civil Defence Corps (NSCDC).
Reports indicate that 65 miners were arrested on September 15 and 16, with 37 subsequently reported dead while in security custody.
The protests, which began on Thursday, continued into Friday as security personnel moved to disperse demonstrators. Security forces were reportedly accused of using tear gas and live ammunition during the operation.
However, the circumstances surrounding Ibrahim’s shooting have not been independently established.
The Niger State Police Command spokesperson, SP Wasiu Abiodun, appealed for calm and said the incident would be investigated.
The case has since heightened concerns over the conduct of security personnel during the ongoing protests.
Jehovah’s Witnesses announce fresh adjustment to blood transfusion policy
Army speaks on Boko Haram, ISWAP attack alert as fake
How And Why Sunrise Lost $2.35 Billion Claim Against Nigeria
-
Metro22 hours agoEdo Council Chairman Threatens To Demolish Hotel For Hosting NDC Meeting, Leaked Audio Alleges
-
Metro22 hours agoMother, Four Children Die in Rivers Fire Tragedy
-
News22 hours agoTinubu Won’t Attend 81st UN General Assembly In New York –Presidency Source
-
News14 hours ago‘Now They See Nigerians as Drug Dealers Abroad’ — Cleric Blasts Tinubu Over Nigeria’s Image
-
News22 hours agoSoludo pardons jailed native doctor, appoints him youth ambassador
-
News21 hours agoFG To Introduce National Call Centre For Electricity Complaints
Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login