News
There’s no plan to reduce FG’s share from federation account – Oyedele

By Francesca Hangeior
The Chairman, Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has denied a media report on the proposal to reduce the Federal Government’s share from the Federation Account Allocation Committee.
While reacting report that the tax specialist via his handle on X.com Sunday that the committee’s recommendation was explicitly with respect to Value-Added Tax.
He noted that the committee also recommended that states and local governments stop imposing “consumption taxes” which result in multiple taxation.
The tweet read,” We did not recommend a reduction in the Federal Government’s share from [the] federation’s account. Our recommendation is with respect to VAT revenue, to increase the share of states and local governments from 85% to 90%, and for states to discontinue their other forms of consumption taxes which constitute multiple taxation on businesses and individuals.”
The FAAC is responsible for reviewing and adopting the allocation of funds to the FG, states and local governments.
At the September 2024 FAAC meeting in Abuja, the committee, in a statement by the Director of Press and Public Relations, Bawa, announced that it had disbursed a total sum of N1.2 trillion earned as revenue in August 2024 to the FG, states and local governments.
The report partly wrote, “Under the new proposal, Oyedele explained [that] the distribution formula for the states and local governments would include a clause stipulating that 60 per cent of their share will be based on the principle of derivation.
In practice, this means if N100 is available for distribution from FAAC, the Federal Government will take N10, all 36 states will share N36 equally, and N54 will be distributed based on derivation, favouring states with higher resource generation.
“This change in the sharing formula is part of broader reforms aimed at eliminating numerous “nuisance taxes” and streamlining the tax collection process. Oyedele noted that the Federal Government had to make this concession to get states on board with a centralised and more efficient tax collection system.
“The new approach not only simplifies tax collection but also lays the foundation for fiscal federalism, giving states and local governments more autonomy over their revenues,” quoted Oyedele.
In early October 2024, the FG, through the Fiscal Policy and Tax Reforms committee, announced the exemption of 63 items from the VAT, as part of its latest fiscal reforms.
News
15 huts razed, one injured in renewed Jukun-Tiv violence

A fresh outbreak of ethnic violence between the Jukun and Tiv communities has erupted in Taraba State, with suspected Jukun militias launching an early-morning attack on Dekeh Village along the Wukari–Kente Road.
According to security sources available to Zagazola Makama, the incident occurred at approximately 1:00 a.m. on Tuesday.
About six armed assailants stormed the village, opening fire indiscriminately and setting 15 huts ablaze. The attack forced residents to flee in panic, leaving behind food items, including yam seedlings, which were destroyed in the blaze.
One resident identified as Mdue Saaondo, sustained gunshot injuries during the assault. He was rescued by a joint team of police and military personnel and transported to the Federal University Teaching Hospital in Wukari for medical treatment.
The Taraba State Police Command has launched an investigation to identify and apprehend those responsible. Authorities have also scheduled a security meeting with the Wukari Local Government Traditional Council as part of efforts to restore peace and encourage dialogue between the Tiv and Jukun communities, who have long-standing disputes over land and territorial claims.
“Patrol and surveillance operations are ongoing to forestall further violence and ensure stability in the area,” police authorities stated.
The incident adds to the growing list of violent clashes that have plagued southern Taraba in recent years, underscoring the urgent need for a sustainable resolution to the communal tensions.
News
2025 U-20 AFCON: Flying Eagles zoom into quarter-final after draw with Kenya

Nigeria’s Flying Eagles booked a place in the quarter-final at the 2025 Africa U-20 Cup of Nations after playing out a 2-2 draw against Kenya.
Aliyu Zubairu’s side finished second in Group B with five points from three games.
The Atlas Cub of Morocco top the group with seven points after beating Tunisia 3-1 at the Suez Canal Stadium in Ismailia.
Kenya started the game strongly, and deservedly took the lead after six minutes.
Nigeria defender Emmanuel Chukwu handled the ball inside the box, and after initially awarding a free kick to Kenya, the centre referee pointed to the spot following consultation with VAR.
Captain Kevin Wangaya Colly slotted the ball past Ebenezer Harcourt to give the Rising Stars the lead.
The Flying Eagles fought back seven minutes later with Lillestrøm striker Kparobo Arierhi netting after he was put on through on goal by Simon Cletus.
Nigeria dominated the game in the second half but failed to test the Kenyan goalkeeper.
Kenya took the lead for the second time in the game through substitute William Nwangi on 68 minutes.
Nwangi lashed home Humphrey Kegengo’s free kick from inside the box.
Daniel Bameyi, however, converted from the spot to hand the Flying Eagles a share of the spoils.
News
Trump announces judicial nominees, accuses US court of obstruction

United States President Donald Trump has announced a fresh slate of judicial nominees in a series of posts on Truth Social on Tuesday.
The president, who has repeatedly expressed frustration over what he sees as judicial obstruction, followed up on Wednesday with a post criticising the judiciary for allegedly preventing him from carrying out the mandate of the American people.
The Republican leader, whose second-term agenda has encountered multiple judicial roadblocks, wrote: “Our Court System is not letting me do the job I was Elected to do.
“Activist judges must let the [Donald] Trump Administration deport murderers, and other criminals who have come into our Country illegally, WITHOUT DELAY!!!”
Trump named Maria Lanahan, Missouri’s Principal Deputy Solicitor General, as a nominee for a judgeship on the US District Court for the Eastern District of Missouri. He praised her as “a true patriot” in a post on Tuesday.
The 78-year-old also nominated Judge Cristian Stevens to serve on the same court, describing him in another post as “a Great Patriot.”
The announcements came a day after a federal appeals court declined the Trump administration’s request to revoke temporary legal status from hundreds of thousands of Nicaraguans, Venezuelans, Haitians, and Cubans living in the United States.
-
News24 hours ago
Real cause of Herbert Wigwe’s helicopter crash revealed
-
News16 hours ago
Just in: Finally, EFCC bows to pressure, releases VDM
-
News22 hours ago
Just in: Security and Exchange Commission declares PWAN as PONZI scheme, cautions Nigerians
-
News20 hours ago
Just in: Lagos LG chairman slumps during APC meeting
-
News24 hours ago
FG starts massive overhaul of NYSC scheme, plans teachers’, medical corps
-
Entertainment6 hours ago
I’m broke yet accused of money laundering – VDM breaks silence after EFCC release
-
News21 hours ago
Multiple video evidence against Nnamdi Kanu
-
News6 hours ago
Edo police rescue kidnapped PDP chairman, 36 others