News

President Tinubu Inaugurates Presidential Committee On Tax Reform

Published

2 years ago

August 8, 2023

President Bola Tinubu has inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms.

Naija News reports that the inauguration took place on Tuesday at the Council Chamber of the Presidential Villa in Abuja.

In his speech, President Tinubu said the federal government cannot continue to tax poverty when it is supposed to promote prosperity.

Recall that the President had on July 7 approved the establishment of the Committee headed by a former Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers (PwC), Taiwo Oyedele.

According to a statement from the presidency, the establishment of the committee is in consonance with his promise to remove all barriers impeding business growth in the country.

The statement added that the committee will comprise experts from both the private and public sectors and have responsibility for the various aspects of tax law reform, fiscal policy design and coordination, harmonization of taxes, and revenue administration.

It said the panel would be responsible for various aspects of tax law reforms, fiscal policy design and coordination, harmonisation of taxes, and revenue administration.

The statement added that the committee’s primary objective is to enhance revenue collection efficiency, ensure transparent reporting, and promote the effective utilisation of tax and other revenues to boost citizens’ tax morale, foster a healthy tax culture, and drive voluntary compliance.

Speaking on the committee’s establishment, Zacchaeus Adedeji, Special Adviser to the President on Revenue, emphasised the importance of a sound fiscal policy environment and an effective taxation system for the functioning of the government and the economy.

He said Nigeria ranks very low on the global ease of paying taxes while the country’s tax to gross domestic product (GDP) ratio “is one of the lowest in the world and well below the African average”.

News

I’m Being Impersonated – Goodluck Jonathan Disowns Social Media Account

Published

2 hours ago

August 14, 2025

Editor

Former President Goodluck Jonathan, on Thursday said he is being impersonated by fraudsters.

Jonathan alleged that a fraudulent Instagram handle has been impersonating him.

In a statement by his Media Aide,
Ikechukwu Eze, the former President insisted that he does not operate any Instagram handle.

The statement is titled ‘Beware of fake Instagram account impersonating H.E. Dr Goodluck Ebele Jonathan’.

“Our attention has been drawn to a fraudulent Instagram account operating under the handle goodluck_ebelejonathan, which is falsely impersonating former President Dr. Goodluck Ebele Jonathan.

“This impostor account has been deceitfully posting content, some copied from Dr. Jonathan’s Facebook page, while pretending to represent the former President.

“We wish to emphasise that Dr. Jonathan does not operate any Instagram account.

“The media and members of the public are strongly advised to disregard, avoid sharing, or promoting any content originating from this fake profile,” the statement read.

News

Police Recruitment: PSC Moves To Stop Hijack Of Exercise By Politicians

Published

2 hours ago

August 14, 2025

Editor

The Police Service Commission, PSC, said it has met with representatives of the 36 states and the Federal Capital Territory to fine tune preparations for an improved, transparent and credible 2025 police recruitment exercise.

Ikechukwu Ani, Head, Press and Public Relations, in a statement said the Commission will be recruiting Cadet ASPs and Constables.

He said the meeting with the representatives was themed ‘Collaborative approach for a transparent and equitable Police Recruitment Process’.

Addressing the meeting, PSC Chairman, DIG Hashimu Argungu, rtd, said the Commission will work with the state governments to ensure a transparent and equitable recruitment process.

He said the state governments should be prepared to protect their quota and avoid hijack of the exercise in their states.

Argungu said the Commission has decided to eradicate connivance and resist trading/purchase of slots, stressing that special consideration will not be allowed to supplant merit and equity.

“We want to stop corruption in the system and open up the exercise to promote healthy competition and equitable spread.”

He told the meeting that the Commission will want constructive and impactful partnership with state governments to curb corruption in the process.

Justice Paul Adamu Galumje, retired Justice of the Supreme Court and commissioner representing the judiciary, told the meeting that the Commission was established for equity and fairness in police recruitment and operations and will henceforth ensure that nobody is allowed to hijack the exercise.

“We will rely on you to confirm that those to be recruited are from your states,” he said.

DIG Taiwo Lakanu, rtd, commissioner representing the police in the Commission, said the new PSC management is committed to reinvent a recruitment process that will produce the best Nigerian youths for the Nigeria Police Force.

News

N5bn Damage: NNPCL Secures Appeal Court Victory Against Ararume

Published

2 hours ago

August 14, 2025

Editor

The Nigerian National Petroleum Company Limited has announced that it has secured an Appeal Court judgement that upheld the state-owned oil firm’s appeal against the Federal High Court’s judgement that annulled Senator Ifeanyi Ararume’s removal as non-executive chairman of the company.

The country’s oil and gas firm disclosed this in a statement on Wednesday through its official X account.

It noted that the Appeal Court gave the judgement on August 8, 2025.

The Federal High Court had in April 2023 ruled in favour of Ararume. NNPCL was told to pay N5 billion as damage to the lawmaker.

Speaking on the latest judgement by the Appeal Court, NNPCL said it spares the oil firm a massive financial payout and removes a legal risk that could have invalidated all decisions of the board since 2021.

“The Appeal Court agreed to NNPC Limited’s position that the Federal High Court’s earlier decision was delivered in error, noting, amongst others, that the claim was statute-barred.

“The judgement sets a corporate governance precedent in Nigerian law and upholds the validity of board resolutions critical to the oil and gas industry’s investment and policy direction,” NNPCL stated.

Recall that in September 2021, former president Muhammadu Buhari appointed Ararume to the NNPCL board.

But, in January 2022, Ararume was replaced by Margret Chuba Okadigbo.