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Nigeria’s VAT collection, lowest in Africa – Abbas
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The Speaker of the House of Representatives, Tajudeen Abbas, has described Nigeria’s Value Added Tax collection as the lowest in the African continent.
This was as the Speaker attributed the development to what he referred to as significant inefficiencies in the nation’s tax system.
According to the Speaker, the House would continue to do its part to assist the Federal Government’s drive to reposition the nation’s economy.
Mr Abbas stated this on Tuesday in Abuja, while delivering a keynote address at the opening of a two-day retreat for members of the House.
The legislative retreat on economic transformation and development was organised by the House in collaboration with the Federal Inland Revenue Service and the Konrad Adenauer-Stiftung Foundation.
Speaking on the theme, “Navigating change: Legislative strategies for economic transformation”, Abbas noted that the House made a deliberate decision to focus on tax reforms and modernisation as well as a review of the implementation of the Petroleum Industry Reform Act (2021).
He said, ”Comparatively, Nigeria’s efficiency in collecting Value Added Tax is the lowest among its African peers, indicating significant inefficiencies in its tax system.
“This trend of low tax revenue, coupled with a continued dependency on the increasingly unstable oil revenue, presents a major risk to Nigeria’s fiscal sustainability. It also highlights an important area for potential reform to boost revenue and stabilise the country’s economic framework.
“The lack of growth in non-oil revenue sources and the volatile nature of oil income underscore the urgent need for Nigeria to diversify its revenue base and enhance its fiscal management to ensure economic stability and growth.”
The Speaker also expressed delight that the legislative retreat was taking place “at a point in our nation’s economic landscape when the current administration is diligently implementing policies and initiatives to steer our economy towards recovery, growth, and sustainable development.”
He continued, “As a critical arm of government, the legislature has a crucial role in shaping our nation’s economic transformation and development.
“Part of our law-making powers is the authority to enact tax reforms and strengthen resource governance mechanisms. By designing and implementing progressive tax policies, we strive to ensure a fair and efficient tax system that boosts revenue while fostering economic growth and equity.
“This involves not only broadening the tax base and simplifying tax codes but also enhancing compliance and minimising loopholes that benefit only the wealthy.
“Furthermore, the legislature’s oversight function is central in the governance of natural and financial resources. It ensures transparency and accountability in the exploitation and management of resources, which is essential for sustainable development.
“By holding government and private sectors accountable, the legislature helps prevent the mismanagement and corruption that can often undermine economic progress.”
While stating that Nigeria’s tax revenue struggles are primarily due to narrow bases for indirect taxes, low compliance rates among taxpayers, substantial tax exemptions, and generally low tax rates, the Speaker maintained that the situation was compounded by “a lack of enthusiasm and morale for tax compliance, contributing to the nation’s underwhelming fiscal performance.”
Speaker Abbas noted that several empirical studies had shown that Nigeria has the potential to further increase revenue if priority tax reforms are implemented. He stated that “the House stands ready to support the Executive to achieve its overall goal of reversing the negative trend.”
Another area of focus at the retreat, Speaker Abbas said, was the potential of digitalisation and technology to transform tax administrations by enhancing the efficiency, transparency, and fairness of tax systems. He said these advancements enable tax authorities to collect, process, and utilise information more effectively, leading to improved operational capacities.
For taxpayers, he stressed that integrating digital tools could simplify compliance, making it a more seamless part of everyday personal and business activities, thereby reducing friction and increasing ease of engagement with tax systems.
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Rema finally reveals why he ended his relationship with girlfriend
Nigerian singer Divine Ikubor, popularly known as Rema, has revealed why he ended his affairs with his ex-girlfriend, claiming that she was “quite manipulative”.
In an interview with YouTuber Korty EO, Rema said the relationship was “beautiful” but not always peaceful.
The singer lamented that sometimes when he returns home hoping to rest from the pressure of the outside world, his then girlfriend often greeted him with chaos.
He said he eventually walked away when he could no longer tolerate her excesses.
“My romantic relationship was beautiful but a little quite manipulative. So much pressure. Knowing the world puts so much pressure on me but coming back home is where you want to feel relieved but when you come back home and you are getting more pressure, it’s a different story. For now, I’m done,” he said.
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Each time I sleep with my wife it’s pay as you go, man tells court
Barlastone brought the Matero Local Court, Zambia gallery to laughter after he revealed that he married a Lusaka seller who charged him K50 per round during their matrimonial games.
Aubrey told the court that the behaviour of his wife, Stella Tembo, a 25-year-old Easterner was undiplomatic due to her unacceptable demands and conditions every time he wanted to be intimate with her.
According to Zambia Observer, he said the two got married in 2009 and that his wife had continually made his life miserable for the past 17 years that he got to a point that he resorted to never have s3x her again.
He lamented that when he finally gave up on paying for what rightfully and lawfully belonged to him, Stella started covering her entire body with clothes while in bed.
“I have never had peace. Despite paying lobola, I was still paying to have sex with her.
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“I also found out that she was using charms on me, such that I could not say no to her even though I was paying,” he said.
In her defense, Stella swore that she had been a good wife to Aubrey and that he was free to express his desires on her in whatever style he wished.
She said she only started charging him after he married another woman elsewhere and rented a house for her.
“He even moved out of our home, saying he had gone to the mountain to pray.
“For five months, my husband was nowhere to be found.
“I later discovered that he had married elsewhere and was renting another house,” she said.
The wife also accused her husband of using charms on her, which left her like the woman with the issue of blood in the Bible, who was isolated from the society for 12 years.
“He cut a piece from my green chitenge and took it to a witchdoctor, and I have never stopped bleeding since then,” she alleged.
The magistrate, Harriet Mulenga granted the couple divorce and ordered the husband to pay the wife K17,000 for adultery.
Mulenga also ordered Aubrey to pay K1,000 monthly child maintenance, while household goods were to be shared equally between the two parties.
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Finally, PDP Faction Presents 2027 Certificate of Return to Jonathan at Abuja Convention
By Kayode Sanni-Arewa
Ex-Minister of Information, Prof. Jerry Gana, on Saturday collected the Peoples Democratic Party, PDP, Certificate of Return on behalf of ex-President Goodluck Jonathan during the party’s National Convention in Abuja.
The certificate was handed over by the PDP Interim National Working Committee led by Kabiru Turaki, SAN. The presentation has renewed focus on the party’s preparations for the 2027 presidential election.
The event was held at the convention venue in Area 10, Garki, with party leaders, delegates, former ministers, state officials, and supporters in attendance.
Gana received the certificate on Jonathan’s behalf before the crowd. The moment quickly became a major talking point and put the former president back at the centre of political discussions as the PDP debates strategy and possible candidates for 2027.
Speaking to supporters and journalists after receiving it, Gana drew significant attention from attendees and political observers tracking developments in the opposition party.
The development comes as PDP continues internal discussions on leadership structure and future direction. Many members believe decisions in the coming months will shape the party’s chances in the 2027 presidential race.
Political watchers are closely following events in the PDP as it works to strengthen its position ahead of the next election cycle.
More details are expected as the convention proceeds.
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