News

Edo APC Leaders Deny Oshiomhole’s Involvement In Mock Primary, Challenge Obaseki To Prove Allegation

Published

5 years ago

May 7, 2020

Editor

Demand Gov To Account For N350bn

Some leaders of the All Progressive Congress (APC) in Edo State have denied allegation by governor of the state Mr. Godwin Obaseki that former governor of the state, Comrade Adams Oshiomhole, was involved in a purported mock primary that recently held in the state.

A statement signed by the leaders, which was made available to INFO DAILY, also refuted the governor’s claim that, against his government’s directive, over 50 persons attendanded the meeting now misconstrued as mock primary.

Edo State government had accused the national chairman of organising a “mock primary” of the party in the state on April 30, purportedly to pick a candidate for the gubernatorial election in the state.

The statement jointly signed by Engr Chris Ogiemwonyi, Dr Pius Odubu, Gen. Charles Airhiavbere (Rtd), Pastor Osagie Ize-Iyamu, among others, the governor was challenged the governor to prove his allegation of a crowded “meeting of more than 50 persons.”

The statement reads in part, “We hereby vehemently deny any involvement of Comrade Adams Oshiomhole in our activities. We also state emphatically that there was no crowded meeting of 20 persons or more by this body of APC Leaders anywhere in Edo State in recent time. We hereby challenge Mr. Godwin Obaseki to prove his allegation of a crowded, “meeting of more than 50 persons” by releasing a video of such event.

“A look at the list of those who issued this statement on behalf of our teeming members will expose the rudeness in describing us as puppets of Oshiomhole by Mr Obaseki in the statement under reference.”

According to the leaders in the statement, the twisted narrative by Mr Obaseki was meant to drag the National Chairman of the party’s name into their activities in order to blackmail him, adding that the blackmail attempt is already ongoing.

While confronting the governor with evidence of bad governance, the leaders noted that no form of intimidation by Obaseki’s “hackneyed bashing” would deter them in the state.

“The twisted narrative by Mr Obaseki, is meant to drag the National Chairman, Comrade Oshiomhole’s name into our activities in order to blackmail him. This is an ongoing, but over used strategy for his ill-fated campaign for second tenure. We state unequivocally that we are not intimidated by Mr. Obaseki’s hackneyed bashing of and disrespect for the former Governor, Comrade Adams Oshiomhole, whose excellent performance in government remains the selling points for our party till date.

“Contrary to the resort to personalise attacks by Godwin Obaseki on the National Chairman, who is not contesting any election, we are confronting Mr Obaseki with the evidence of bad governance, mindless embezzlement of state funds, destruction of democratic culture, wicked demonization of those on whose backs he rose to power, and systematic destruction of APC, the platform that brought him to power,” they added.

Speaking on the huge spending by governor of over N300bn, the leaders said there are practically no projects to justify the expenditure of the huge receipts, lamenting that “it has all promises, celebrated signing of MoUs, deceptive adverts inviting tenders, etc”

They continued, “As at April 2020, Edo State Government under Godwin Obaseki has netted about N350bn (Three hundred and fifty billion Naira). The bulk is made up of Federation Account Allocation Committee (FAAC) disbursements and Internally Generated Revenue, all amounting to about N300bn, Bail Out fund N17.5bn and Paris Club Excess deductions Refund, enhanced by exchange rate differentials, making up the balance.

“Against this huge funds, never seen before in Edo State, there are practically no projects to justify the expenditure of the huge receipts. All promises, celebrated signing of MOUs, deceptive adverts inviting tenders, and even inviting the Vice President on state visit to flag off construction of INDUSTRIAL PARK, came to nothing. There is not a single project worthy of commissioning as Mr Obaseki moves towards the end of his tenure.”

Reacting to the governor’s claim that he had spent N1bn on the fight against COVID-19, they, and the entire state was shock when the governor announced he has spent such huge amount, stressing that none of the claimed projects by the governor on COVID-19 has been executed in the state.

“Even in the current fight against Covid-19, he does not care about the sufferings of the people, but he is busy converting the opportunity for embezzlement, embarking on political campaign in the 192 wards under the guise of personal sensitization campaign against coronavirus. The state was shocked when he announced they had already spent over One billion Naira on the pandemic within two weeks. Till today there is no lockdown in Edo state in order to avoid spending on palliatives. Yet he moved markets to school premises in the entire state with a promise to fumigate the markets statewide.

“No fumigation has been carried out and the school premises are fast becoming Refuse dumps. Huge crowds are crammed into whatever space in the schools without social distancing. He ordered people to wear face-masks but his government did not provide any for the poor masses. The number of infected people is growing exponentially, he doesn’t care”, they lamented.

While ago alleging that thugs are deployed at will and agencies of government are sent as hounds to make life miserable for persons, the said anyone who disagrees with Obaseki in the state is being endangered.

“Anyone who disagrees with Obaseki in Edo State is endangered. Thugs are deployed at will and agencies of government are sent as hounds to make life miserable for such persons. Bombs have been thrown into people’s homes resulting in massive destructions, but curiously no arrests were made”, they said.

Efforts to speak to Special Adviser to the Governor on Media, Mr. Cruseo Osagie proved abortive as calls put across to him were not through, and SMS sent to him was not replied.

News

BREAKING: Renowned Businessman, Aminu Dantata, Is Dead

Published

9 hours ago

June 28, 2025

Editor

Alhaji Aminu Alhassan Dantata, a renowned Nigerian businessman and philanthropist, has passed away at the age of 94.

The news of billionaire businessman’s demise was disclosed via a social media post on Saturday by the Deputy National Treasurer of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Uba Tanko Mijinyawa.

According to him, details of the Muslim funeral prayer (Jana’iza) for Dantata will be announced in due course.

“Inna Lillahi wa’inna ilaihi Raji’un. Allah ya yi wa babanmu Dattijo, Alhaji Aminu Alhassan Dantata, rasuwa. Muna addu’a Allah ya jikan sa, ya gafarta masa. Za a sanar da lokacin jana’izarsa,” Tanko wrote in Hausa language.

Tanko’s message about the late philanthropist, who is also an uncle to Africa’s richest man, Aliko Dangote, was translated as “Indeed, we belong to Allah and to Him we shall return. May Allah have mercy on our father and elder, Alhaji Aminu Alhassan Dantata. We pray for his forgiveness. The time of his funeral will be announced.”

Also confirming the news, his Principal Private Secretary, Mustapha Abdullahi Junaid, disclosed in a statement Saturday morning that the Janazah details will be shared later.

Junaid wrote, “Innalillahi wa inna ilaihi rajiun. Innalillahi wa inna ilaihi rajiun. It is with heavy heart that I announce the passing of our beloved father, Alhaji Aminu Alhassan Dantata. May Allah grant him Jannatul Firdaus and forgive his shortcomings. The Janazah details will be shared later insha Allah.”

Alhaji Aminu Dantata, who was the founder of Express Petroleum & Gas Company Ltd., is also credited with having played a key role in the establishment of Nigeria’s first non-interest (Islamic) bank, Jaiz Bank.

News

EYIF: Utilize N2m Grant Provided By The Govt, Edo Deputy Gov Urges Youths

Published

18 hours ago

June 27, 2025

Editor

…says 1,500 applicants screened, 30 met requirements

Deputy Governor of Edo State, Hon. Dennis Idahosa, has urged youths in the state to make the best use of the N2 million start-up grant provided by the state government under the Edo Youth Impact Forum (EYIF).

Idahosa added that the youths must be innovative as they tapped into the two million start-up grant.

In a statement, the Chief Press Secretary to the Deputy Governor, Friday Aghedo, said Idahosa made the remarks during an incubation class of EYIF.

The Edo number two citizen, while noting that EYIF was parts of the government’s drive to build a new generation of entrepreneurs that would impact and shape the state’s financial economy, showed them how to position themselves in the entrepreneurial space to boost the local economy.

Idahosa encouraged the youths to put behind their challenges and make the best of the opportunity provided by the Senator Monday Okpebholo-led government.

According to him,
though 1,500 applicants got screened ahead of the finale scheduled for July 2, 2025, only 30 met the requirement and thus scaled the initial process.

“This number has again been pruned to 10 participants today and will eventually be reduced further to five finalists at the end of the day.

“Irrespective of who emerges as finalists, I want you to know that you are all winners. We are here as a government to encourage the youths because any society that strives to grow must have an active youth involvement,” Idahosa reiterated.

Earlier, the Special Adviser to the Governor on Finance, Investment and Revenue Generation, Mr. Kizito Okpebholo, presented the participants to the deputy governor.

News

Things To Know About Nigeria’s New Tax Laws

Published

19 hours ago

June 27, 2025

Editor

President Bola Tinubu on Thursday signed four new tax laws aimed at modernising and streamlining the country’s tax system.

In the new tax law, the Value Added Tax rate remains at 7.5 per cent despite initial proposals to increase to 12.5 per cent, but its scope is expanded.

Essential items—such as food, education, healthcare, public transport, residential rent, and exports—are zero-rated to ease inflationary pressure.

For revenue allocation is restructured: now 30 per cent of VAT proceeds are distributed based on consumption (rather than contribution), 50 per cent equally among states, and 20 per cent to population-based allocation.

With the latest development, it is expected that state revenue streams will increase, and it will also discourage tax evasion.

Overview of the four new laws

Nigeria Tax Act: Consolidates various tax rules into a single, simplified code, eliminating over 50 small, overlapping taxes. This reduces complexity and duplication, making it easier for businesses to comply.

Tax Administration Act: Establishes uniform rules for tax collection across federal, state, and local governments, ensuring consistency and reducing administrative conflicts.

Nigeria Revenue Service Act: Replaces the Federal Inland Revenue Service with the independent Nigeria Revenue Service, aiming for greater efficiency and autonomy in tax administration.

Joint Revenue Board Act: Enhances coordination between different government levels and introduces a Tax Ombudsman and Tax Appeal Tribunal to handle disputes fairly.

Key objectives of the new tax rules

Simplify Tax System: Reduces bureaucratic hurdles and overlapping taxes to make compliance easier, especially for small businesses and informal traders.

Increase Revenue Efficiency: Aims to boost Nigeria’s tax-to-GDP ratio from 10% (below the African average of 16–18%) to 18 per cent by 2026 without raising taxes on essential goods.

Reduce Financial Burden: Provides relief for low-income households and small businesses while ensuring high-income earners and luxury consumers contribute more.

Fund Public Services: Increased revenue will support infrastructure, healthcare, and education, reducing reliance on borrowing.

Who benefits and how
Low-Income Households:
Individuals earning up to ₦1 million ($650) annually receive a ₦200,000 rent relief, reducing taxable income to ₦800,000, exempting them from income tax.

VAT exemptions on essential goods and services (food, healthcare, education, rent, power, baby products) lower living costs.

Small businesses:

Businesses with an annual turnover below ₦50 million ($32,400) are exempt from company income tax.
Simplified tax filing without requiring audited accounts reduces compliance costs.

Large businesses:

Corporate tax rates drop from 30 per cent to 27.5 per cent in 2025 and 25 per cent thereafter.
Tax credits for VAT paid on expenses and assets allow businesses to recover the 7.5 per cent VAT.

Charitable, educational, and religious organisations:

Tax incentives for non-commercial earnings, encouraging community-focused activities.
Impact on different groups
Low-Income Earners: Benefit most from income tax exemptions and lower costs for essentials, increasing disposable income.

Small Businesses and informal traders: Simplified rules and tax exemptions encourage compliance and reduce financial strain, potentially formalising more businesses.

High-income earners and luxury consumers face higher VAT on luxury goods and premium services, plus capital gains tax on large share sales.

Government: Expects increased revenue for public services without overburdening vulnerable citizens.

Why reforms were needed

Nigeria’s tax system was outdated, inefficient, and disproportionately harsh on low-income groups.
The low tax-to-GDP ratio (10%) limited funding for critical services like healthcare and infrastructure.
Overlapping taxes and complex rules deterred compliance, especially among small businesses and informal traders.
Public and expert reactions

Positive sentiment: Small business owners welcome tax exemptions but seek clarity on enforcement to avoid unexpected levies.

Low-income earners appreciate relief on essentials but remain cautious about implementation.
Taiwo Oyedele, head of the Presidential Fiscal Policy and Tax Reform Committee, claims 90% public support, emphasising that success depends on awareness and trust.

The reforms align with Tinubu’s administration’s goal to reduce economic inequality and boost fiscal capacity without overburdening citizens.

By encouraging voluntary compliance and reducing reliance on loans, Nigeria aims to strengthen its economy and fund development projects.

These reforms mark a significant step toward a fairer, more efficient tax system, with a focus on supporting vulnerable groups while fostering economic growth. However, their success hinges on transparent enforcement and public trust. For further details, you can refer to official statements from the Nigerian government or credible news sources covering the reforms.
(PUNCH)