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Tax Reform: Gov Sule dismisses claims of rift with President Tinubu
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The governor of Nasarawa State, Abdullahi Sule, has faulted the efforts to create a wedge between President Bola Tinubu and governors of the North over the controversial tax reform bills currently at the National Assembly, saying the governors who worked for his emergence have never and are not working against him.
Governor Sule made the disclosure on Friday while receiving a delegation from the Christian Association of Nigeria, CAN, who visited him at the Government House in Lafia. He explained that what the northern governors called for was the need for further consultation on the tax reform bill before the National Assembly, which encompasses the Value Added Tax.
He accused some vested interests of spreading false information with the intent to cause political tension through unfounded insinuations that the northern governors were opposed to the president.
According to Sule, people who were opposed to Tinubu’s presidency are now pretending to be his better supporters more than those who fought for his victory.
For some people making noise and saying the Northern governors are fighting the President, nobody is fighting the President. How could you fight a President who has made you look good? This is the truth. All we are saying is that some aspects of it, we need to look into it,” he said.
Sule thanked President Tinubu for enacting policies that have made governance and development easy in Nasarawa State without going into debt, saying he could not kick against a leader who has made meaningful contributions to the state’s progress.
The governor said there was a need for better understanding of some of the provisions in the tax reform bills. “We called for the withdrawal of the bills to review some aspects. They said it’s a wrong language, that amendments can be made without withdrawing the bills. I said that’s fine. I’m not looking for any trouble,” he explained.
On Value Added Tax, Governor Sule leaned on his private sector experience to impress upon its necessity for state finances.
He explained that Nasarawa State receives over N4 billion monthly from VAT, which has been very critical for its capital projects. He expressed apprehension over possible changes in the formula for sharing VAT due to the implication for states like Nasarawa, which rely so much on such revenue with their very meager IGR.
I know more about VAT than most of those arguing about it. Having been a chief executive, I know how it is generated and used. Today, it is the lifeblood of many states. Take away VAT from FAAC and you will see how we will all be struggling to fund projects, and I must speak for my people.”.
Governor Sule thanked the CAN Chairman, Very Reverend Dr. Sunday Emma, and his team for calling on the government to create more awareness on the tax reforms. He aligned himself with the call for comprehensive sensitization to be given to Nigerians on the proposed changes.
If they do proper sensitization and address the VAT issue, I will be fully supportive of the tax reforms. But it will be difficult without that, especially for states with low IGR,” he concluded.
Earlier, Dr. Emma had urged both federal and state governments to prioritize awareness campaigns about the tax reforms to foster greater public understanding and inclusion.
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Nigeria Seeks Stronger Economic Ties with China
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…as currency swap boosting bilateral trade
By Gloria Ikibah
The Nigerian government is deepening economic collaboration with China to drive industrialisation and economic diversification.
Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, made this known when she received the Chinese Ambassador to Nigeria, Yu Dunhai, in Abuja.
The Minister emphasised that Nigeria’s longstanding ties with China, spanning over five decades, align with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises economic expansion and resilience.
Outlining key areas where Nigeria seeks Chinese support, including electric vehicle production, digital technology, renewable energy, and agriculture, Amb. Odumegwu-Ojukwu acknowledged China’s significant role in Nigeria’s road and rail infrastructure development and noted that the country is taking concrete steps to modernize its ports and power sector to attract more investment.
She also highlighted the importance of cultural ties, and noted the growing interest among Nigerian youths in learning the Chinese language.
The minister reaffirmed Nigeria’s commitment to strengthening its economic partnership with China, highlighting that the ongoing currency swap agreement is already enhancing trade relations between both nations.
“It’s quite interesting that a large population of Nigeria youth is inching towards Chinese Language. A lot of Nigerian Universities are desirous to offer Chinese Language. Chinese had become the language of trade in the world.
“Nigeria-China will continue to relate not just bilaterally but multilaterally.
“We expect that we will continue to get the support of China but we will always reciprocate that multilaterally.
“In line with President Tinubu’s plan to industrialise Nigeria, we expect Chinese cooperation in establishing assembly plants of electric vehicles; digital communication, renewable energy, all aspects of digital technology, agriculture because of food insecurity as the government is interested in seeing that food gets to the poorest of the poor. Government is not just talking about food but has established a separate Ministry of Livestock,” the minister stated.
She urged China to extend trade tariff exemptions to its exports, similar to the concessions already granted to 33 other African nations, emphasising that the Renewed Hope Agenda prioritizes stronger ties between citizens and deeper country-to-country partnerships.
In response, Chinese Ambassador Yu Dunhai reaffirmed China’s commitment to strengthening its relationship with Nigeria, describing the country as a key strategic partner. He noted that President Bola Ahmed Tinubu’s visit to China and participation in the Forum on China-Africa Cooperation (FOCAC) had elevated diplomatic and economic engagements between both nations.
Amb. Yu highlighted ongoing collaborations in infrastructure, including roads, railway modernization, power, industrial parks, and the Lekki Deep Sea Port. He disclosed that trade volume between the two nations exceeded $21 billion last year, with Nigeria’s exports to China accounting for over 25% of this figure.
He further underscored the role of manufacturing in industrialization, pointing to the recently renewed $2 billion currency swap agreement as a tool to enhance financial cooperation, boost bilateral trade, and attract more investment.
Expressing optimism about the future, the envoy stated that these efforts would ultimately yield tangible benefits for ordinary citizens in both countries.
He said: “We have a comprehensive strategic partnership with Nigeria. China would want Nigeria to play a big role in the international scene. We want Nigeria to become a member of G-20. These will all provide opportunity for China and Nigeria to further work together closely.
“For China, we have been very consistent. We give grant to any African countries; we don’t give any conditions.”
He further acknowledged that it was important that the two countries met to review how far they have performed in their bilateral cooperation.
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Painful! Former NBC DG ,Prof Tom Adaba is dead
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By Kayode Sanni-Arewa
The ex-Director General of National Broadcasting Commission (NBC) Professor Tom Adaba is dead.
The veteran journalists died on Saturday peacefully in Abuja.
The late Adaba was born in July 2nd, 1941
According to Chief Adinoyi Joe Anivasa JP, Secretary Egbira Elders Forum Abuja on Saturday stated as follows, “I feel sad to inform you that our elder and Leader, Prof Tom A Adaba just answered the call of nature by giving up his ghost to the Lord this morning.
“Further details about his burial arrangements would be communicated later.
“We thank God for his life. May God have mercy on his shortcomings and grant his soul eternal peaceful rest in His Heavenly Kingdom, Amen.
He was the first Nigerian (between 1988 and 1992) to be honoured as president of the African Council for Communication Education.
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LP Withdraws from Osun LG Election Over Security Issues
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By Kayode Sanni-Arewa
The Osun State chapter of the Labour Party (LP) has pulled out from the local government elections scheduled for Saturday, citing concerns over inadequate security arrangements for the polls.
Adebayo Bello, the State Chairman of LP, made the announcement on Friday in Osogbo, explaining that the party could not participate in the election due to the lack of proper security measures put in place by the Osun State Independent Electoral Commission (OSSIEC). He further called for the postponement of the election for one to two months, urging the electoral body to address the security issues and resolve any legal complications before proceeding with the poll.
Bello stated, “We believe that postponing the election will give OSSIEC enough time to ensure proper preparations and guarantee a secure environment for the voters and candidates.”
In support of this position, one of the party’s chairmanship candidates, Oyebode Babalola, expressed deep concerns over the potential disruption of the election. Babalola emphasized that although the party was fully prepared for the election, it could not risk participating under the current security circumstances.
“We have seen troubling signs that the election might be disrupted, and we are not willing to put the lives of our supporters and citizens in danger,” Babalola explained. He echoed the call for the election to be postponed, stressing the need for sufficient security to safeguard the election process.
As the party withdraws from the election, it remains to be seen how the situation will affect the overall election planning and whether the authorities will heed the call for a postponement.
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