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New Tax Reform will benefit the Northern region — Presidency makes clarification on Tinubus policy
New Tax Reform will benefit the Northern region — Presidency makes clarification on Tinubus policy
Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, has addressed the misconceptions surrounding the tax reform initiated by the current administration.
He noted that the Northern Governors’ Forum on Oct. 28, led by Gov. Muhammed Inuwa Yahaya of Gombe State, expressed opposition to the new derivation-based model for Value-Added Tax (VAT) distribution in the tax reform bills before the National Assembly.
He said the meeting also had traditional rulers from the region in attendance, led by Muhammadu Sa’ad Abubakar III, the Sultan of Sokoto, Onanuga said this in a statement on Thursday in Abuja.
He explained that the tax reform bills, endorsed by President Bola Tinubu and the Federal Executive Council, aimed to streamline Nigeria’s tax administration processes, enhance efficiency, and eliminate redundancies.
“These reforms emerged after an extensive review of existing tax laws. The National Assembly is considering four executive bills designed to transform and modernise Nigeria’s tax landscape.
“First is the Nigeria Tax Bill, which aims to eliminate unintended multiple taxation and make Nigeria’s economy more competitive by simplifying tax obligations for businesses and individuals nationwide.
“Second, the Nigeria Tax Administration Bill (NTAB) proposes new rules governing the administration of all taxes in the country.
“Its objective is to harmonise tax administrative processes across federal, state and local jurisdictions for ease of compliance for taxpayers in all parts of the country,” he said.
According to him, the third bill, the Nigeria Revenue Service (Establishment) Bill, seeks to rename the Federal Inland Revenue Service (FIRS) as the Nigeria Revenue Service (NRS).
Onanuga assured that the reforms would not increase taxes, lead to job losses, or absorb existing departments’ duties, instead, they aimed to optimise and simplify tax frameworks, ensuring a more equitable distribution of tax obligations.
He said the reforms also sought to consolidate multiple taxes into a unified structure, reducing administrative fragmentation.
Regarding the proposed derivation-based VAT distribution model, Onanuga explained that the new proposal aimed to create a fairer system, considering the place of supply or consumption for relevant goods and services.
He said the reform would benefit states in the Northern region that produced VAT-exempt goods, ensuring they did not lose out on revenue.
“These reforms are crucial to improving Nigerians’ lives and were not intended to undermine any part of the country, Onanuga stated.
He said the bills would overhaul the country’s tax systems, generating revenue for all tiers of government to fund development projects.(NAN)
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Passengers burnt beyond recognition in tragic commercial bus fire accident
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Passengers burnt beyond recognition in tragic commercial bus fire accident
At least four people, including three children, were tragically killed in a bus fire in Gwaram Local Government Area, Jigawa State, on Saturday afternoon.
The incident occurred around 4 p.m. when a Hummer bus, carrying 44 passengers, was engulfed in flames near the Government Girls Unity Secondary School.
According to the State Police Public Relations Officer, SP Lawan Shiisu, the fire began when a mattress tied to the back of the bus made contact with the exhaust pipe, sparking a deadly blaze.
“The mattress caught fire from the vehicle’s exhaust. Unfortunately, four victims, including a 40-year-old woman and three children aged five, three, and ten, were burnt beyond recognition,” Shiisu confirmed.
In addition to the fatalities, ten other passengers sustained injuries of varying severity and were quickly transported to Gwaram Cottage Hospital for treatment. Fortunately, the remaining passengers were able to evacuate the bus safely.
The remains of the deceased have been returned to their families for burial, in line with Islamic customs.
The Jigawa State Government has extended condolences to the victims’ families and promised to intensify efforts to enforce road safety regulations to prevent similar incidents in the future.
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Alleged money laundering: Yahaya Bello’s name not on Abuja property documents –EFCC witness
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Alleged money laundering: Yahaya Bello’s name not on Abuja property documents –EFCC witness
A prosecution witness, Segun Adeleke, on Monday, told the Federal High Court in Abuja that the name of the former Kogi Governor, Yahaya Bello, was not on the documents of the two property purchased from the company.
Adeleke, who is also the General Manager of EFAB Properties Ltd, told Justice Emeka Nwite while being cross examined by former governor’s lawyer, Joseph Daudu, SAN.
The witness, who was the Economic and Financial Crimes Commission (EFCC)’s 1st prosecution witness (PW-1) told the court that Bello did not appear throughout the period of the transactions.
Earlier, EFCC counsel, Kemi Pinheiro, SAN, told the court that the matter was scheduled for trial and their witnesses were in court.
While being led in evidence, Adeleke was asked to tell the court what he knew about a property located at No 1, Ikogosi Road, Maitama and another one in Gwarinpa.
Giving an account of what transpired, he said sometime in 2020, his Chairman, Chief Fabian Nwora, introduced him to a young man called, Shehu Bello, and that they had a discussion concerning the purchase of the property.
“We had a discussion concerning the purchase of the property in question. And he told me that the young man would be coming back to make payment for the property at an agreed price of N550 million,” he said.
When asked if he had seen Shehu Bello since that day, he said, “I saw him three times.
“The first time was during introduction, the second time for payment and the third time was when he brought a legal document for the execution of the EFAB property.”
The EFCC lawyer then mentioned another property at 5th Avenue in Gwarinpa and told the witness to tell the court what he knew about it.
Responding, the PW-1 said the property was purchased by one Nuhu Mohammed for N70 million and was paid for through a bank transfer.
He was asked if he remembered which bank the money came from, but he responded in the negative.
On cross-examination, the defendant’s counsel, Daudu, asked if the witness’ actions were purely based on the instructions of his chairman and he responded in affirmative.
Daudu further asked whether it was correct to say that he did not initiate any discussion with Shehu Bello on his own, to which he also answered, “Yes.”
When asked if Shehu Bello signed the documents for the transaction in his presence, the witness said: “He did not my lord.”
Daudu then asked him, “throughout this transaction, did you set eye on the defendant (ex-governor)?”
“Not at anytime in the course of this transaction,” the witness responded.
“Does hs name appear anywhere on the documents you said are with EFCC to the best of your recollection?” tye senior lawyer further asked.
“No, my lord,” Adeleke responded.
When Daudu also asked the witness if he saw Shehu Bello in court since morning before the proceeding began, he said: “My lord, in this court room, I did not see him.”
However, when Pinheiro said they had another witness who was subpoenaed to testify in court, Daudu objected that they were being taken by surprise, arguing that the statements of the subpoenaed witness had not been made available to them.
The defence lawyer, however, told the court that in order not to stall the trial, he would not object the EFCC calling the second witness.
The 2nd prosecution witness (PW-2), who identified herself as Williams Abimbola, a compliance officer with the United Bank for Africa (UBA) Plc, confirmed that a subpoenaed letter was received by her office.
She told the court that the subpoena was with her.
When Pinheiro sought to tender the letter of subpoena, Daudu did not oppose the application and Justice Nwite marked it as “Exhibit 1.”
The witness read out parts of the documents the subpoena requested from the bank which include the statements of account of Kogi State Government House, from Jan. 1, 2016 to Jan. 31, 2024.
This also included the statements of account of Maselina Njoku, from Jan. 1 to Dec. 31, 2022.
The documents were admitted in evidence and marked as exhibits by the court, including the account opening packages of American International School and the school’s statements of accounts, from Sept. 1 to Sept. 30, 2020.
Justice Nwite adjourned the matter until March 6 and March 7 for continuation of trial.(NAN)
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BREAKING; Crisis hit NNPP in Kano as Party suspends 4 National Assembly members over anti-party activities
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BREAKING; Crisis hit NNPP in Kano as Party suspends 4 National Assembly members over anti-party activities
Kano, Feb.24, 2025 ( NAN) The New Nigeria Peoples Party (NNPP), Kano Chapter, has suspended four of its National Assembly members for alleged anti-party activities.
Alhaji Hashimu Dungurawa, the state chairman of the party, announced the suspension while addressing newsmen on Monday in Kano.
The News Agency of Nigeria (NAN) reports that the suspended lawmakers represent Kano South, Rano/Kibiya, Dala Federal, and Rogo/Karaye Federal Constituency of Kano State.
He named the suspended lawmakers Kawu Sumaila, Ali Gini, Sani Rogo and Kabiru Rurum.
“These members were elected under the NNPP platform but have recently been acting contrary to the party’s wishes, beliefs and values,’’ he said.
Dungurawa said the suspended members were given complementary tickets during the party elections but began to work against the party’s interests after being elected.
He cited a recent event where Sumaila inaugurated projects at his university in Sumaila without inviting party members as an indication of the anti-party activities.
He explained that a committee would be set up to investigate the issue and address it once and for all.
In spite of the suspension Dungurawa said there was still room for dialogue, adding that if their relationship with the party improved, they could be readmitted into the fold.
NAN reports that development comes amidst reports of internal crisis within the NNPP in Kano State with some members allegedly feeling marginalised by the party’s leadership. (NAN)
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