Politics
Tax Reform Bills To Shape Nigeria’s Economy -Akpabio
President of the Senate, Sen. Godswill Akpabio, on Monday, defended the tax reform bills introduced to the National Assembly by President Bola Tinubu, saying that the bills would shape the future of the country’s economy.
He spoke in Abuja as the Senate Committee on Finance opened the long-awaited public hearing on the bills, urging all stakeholders to thoroughly examine the bills, considering the impact they would make on revenue generation and redistribution in the country.
The tax reform bills are, The Nigeria Tax Bill (NTB) 2024; The Nigeria Tax Administration Bill (NTAB) 2024; The Nigeria Revenue Service (Establishment) Bill (NRSEB) 2024; and The Joint Revenue Board (Establishment) Bill (JRBEB) 2024.
Sen. Akpabio noted that the misconceptions and fears about the bills were spread mostly by persons and groups that had hardly read the provisions.
He called all those opposing the bills to seize the opportunity of the public hearing to tell Nigerians why they believed the bills were bad for their well-being.
The Senate President stated, “The four bills, some leaders and elders have never read them. They only rush to the television to make comments.
“I call on all Nigerians, who are against the bills, to come and make their contributions. Don’t follow social media commentaries to act, read the bills.
“This is the future of Nigeria, these tax reform bills. All oversights by the Senate are suspended for now for us to devote enough time to the public hearing.”
Sen. Akpabio observed that while discussions or pronouncements about tax scare people, the truth remains that less than 30% of Nigerians pay taxes.
According to him, over-reliance on crude oil revenue has made many Nigerians to assume that paying taxes is unnecessary.
“At a time when oil revenue is dwindling, we have to think out of the box by sourcing money from other areas. This is a fact.
“I don’t think up to 30% of Nigerians pay tax. Yet, everyone wants good services and good governance.
“This is Nigeria. Nobody believes in the rule of law and nobody believes that tax works”, he added.
A long list of stakeholders attended the opening of the hearing on Monday.
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He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
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Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
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