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Shooting At Benin Monarch’s Palace : APC, PDP Trade Blame, Accusation

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The APC and the PDP have continue to exchange tough words and accused each other of he was responsible for the shooting that occurred at the campaign flag-off of the latter, yesterday, Saturday, 25, 2020.

Recall there was a sporadic gunshots that lasted for over 60 seconds at Plymouth road, front of Oba of Benin Palace, shortly after the PDP campaign team led by its national chairman, Prince Uche Secondus had went to seek blessings of the Oba before kicking off their campaign.

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Some persons who were drumming and dancing had reportedly booed Governor Godwin Obaseki, calling him all sorts of names when he was leaving the Palace, not too long this incident occurred that gunshots greeted the air.

READ ALSO: Edo 2020: APC Accuses PDP, Obaseki Of Unleashing  Violence Over Rally, Public Rejection

Addressing newsmen today in Benin, Chief Dan Osi Orbih, Chairman, Edo 2020
Campaign Council for PDP, said the incident was “a coordinated attempt by the APC to leadership of the PDP and all democratically elected Governors of PDP that were expected to be with the Governor.”

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He continues, “ The invasion of the Palace Gate by armed APC Youths was a well co-ordinated assault by the leadership and Sponsors of Edo APC to eliminate the National leadership of the PDP and all democratically elected Governors of PDP that were expected to be with the Governor.”

Raising counter allegations on the incident in a press briefing on Sunday, Hon. Patrick Obahiagbon, Vice-Chairman, Media and Publicity Committee, of the APC National Campaign Council, blamed Obaseki and the PDP for the violence that broke out and led to the hospitalization of multiple persons for gunshot wounds.

He further accused the Governor of “setting conscripted thugs and cultists on protesters who expressed their rejection of him and his alleged “invitation of tax-collectors who are feasting on the state’s treasury.”

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READ ALSO: BREAKING: Edo Guber: Scores Sustain Injuries As Heavy Gunshots Greet PDP Campaign Flag-off In Benin

According to him, the PDP and Obaseki of plotting to subvert the September 19 governorship election in the state through “alleged violent attacks and illegal detainment of its party leaders and members.

“Worse still, information have also reached us from sources in Obaseki’s government who are but disillusioned with his nefarious acts, that the governor has plotted and perfected a criminally appalling initiative aimed at subverting the will of the people.

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” On the back of conscripting renowned cultists and providing them official cover and funding for wanton violence under the guise of aides appointments, Mr. Godwin Obaseki is planning to use COVID-19 as a ruse to neuter grassroots leaders of our party, the APC on the eve of the gubernatorial election by abducting and detaining them in isolation centers—this way, disenfranchising them and forestalling the political force they would deliver in pursuant of APC’s victory.

” Having pellucidly read the handwriting on the wall that he faces a monumental defeat and an electoral opprobrium on the 19th of September, Obaseki aims to illegally strike what he deems the head and important political leaders of our party with the hopes of subverting the election.

READ ALSO: Edo Guber: Ize-Iyamu Assures Residents Of Violence-free Election, Calls On Opposition To Shun Provocative Actions

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” Names of prominent leaders of the APC have been compiled to be dealt with, intimidated, harassed, terrorized, physically assaulted, and lacerated by state-sponsored goons.

Hon. Obahiagbon also alleged a plan by the Edo State Government to detain a former Governor of the State, Comrade Adams Oshiomhole, over trumped-up charges on the eve of the election and also set fire on the farm of billionaire businessman, Captain Hosa Okunbo, in continuation of the alleged assault on his reputation and businesses for refusing to back the second-term agenda of Governor Godwin Obaseki.

He condemned the “anomalies and acts of political desperadoism” as “direct affronts on the country’s constitution and the rule of law” while also appealing to the Police, INEC, and other relevant stakeholders to prevail on the Governor and ensure that he allows the rule of law and a level democratic playing field to hold supreme between now and the end of the Edo governorship elections.”

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Raising further allegations, the PDP chieftain, Orbih noted that in his view the attack at the Palace was “a political mutiny, against constituted authority, capable of causing interstate conflict and war between Edo state and the affected states of the governors that were marked down for elimination.”

While stating that the incident must be investigated and all those connected with it must be arrested and tried in accordance with the laws, Orbih said the action was aimed at throwing the country into crisis.

” The APC organised attack at the Palace is in our view a political mutiny, against constituted authority, capable of causing interstate conflict and war between Edo state and the affected states of the Governors that were marked down for elimination.

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” There have been several videos in the cyberspace where these thugs have been instructed, directed and motivated to intimidate and cause chaos and mayhem in the state.

READ ALSO: BREAKING: Edo Guber: Another Commissioner Resigns Appointment In Edo

” The security agencies must swing into action to bring all those connected with the incident to book,” he said.

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BREAKING: Renowned Businessman, Aminu Dantata, Is Dead

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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.

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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.

READ ALSO: One Dead As Police Foil Kidnap Attempt In Kogi

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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.”

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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.

 

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

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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.

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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.

READ ALSO: Idahosa Optimistic Shaibu Will Perform As National Sports Institute DG

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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.

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“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.

 

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Things To Know About Nigeria’s New Tax Laws

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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.

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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.

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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.

READ ALSO:Nigerian Lawmakers Approve Tinubu Tax Reform Bills

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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.

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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.

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

READ ALSO:Senate Passes Two Tax Reform Bills

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

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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:

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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.

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Charitable, educational, and religious organisations:

READ ALSO:FG Sues Binance For $81.5bn In Economic Losses, Back Taxes

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.

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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.

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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

READ ALSO:JUST IN: Tax Reforms Here To Stay, Says Tinubu

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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.

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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)

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