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Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business 

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President Bola Tinubu yesterday signed into law four tax reform bills aimed at transforming Nigeria’s fiscal and revenue framework.

The four bills include: the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

They were passed by the National Assembly after months of consultations with various interest groups and stakeholders.

The ceremony took place at the Presidential Villa, yesterday.

The ceremony was witnessed by the leadership of the National Assembly and some legislators, governors, ministers, and aides of the President.

The presidency had earlier stated that the laws would transform tax administration in the country, increase revenue generation, improve the business environment, and give a boost to domestic and foreign investments.

“When the new tax laws become operational, they are expected to significantly transform tax administration in the country, leading to increased revenue generation, improved business environment, and a boost in domestic and foreign investments,” Special Adviser to the President on Media, Bayo Onanuga said on Wednesday.

Before the signing of the four bills, President Tinubu had earlier yesterday, said the tax reform bills will reset Nigeria’s economic trajectory and simplify its complex fiscal landscape.

Announcing the development via his official X handle, yesterday, the President declared, “In a few hours, I will sign four landmark tax reform bills into law, ushering in a bold new era of economic governance in our country.”

Tinubu made a call to investors and citizens alike, saying, “Let the world know that Nigeria is open for business, and this time, everyone has a fair shot.”

He described the bills as not just technical adjustments but a direct intervention to ease burdens on struggling Nigerians.

“These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet,” Tinubu wrote.

According to the President, “They will unify our fragmented tax system, eliminate wasteful duplications, cut red tape, restore investor confidence, and entrench transparency and coordination at every level.”

He added that the long-standing burden of Nigeria’s tax structure had unfairly weighed down the vulnerable while enabling inefficiency.

The tax reforms, first introduced in October 2024, were part of Tinubu’s post-subsidy-removal recovery plan, aimed at expanding revenue without stifling productivity.

However, the bills faced turbulence at the National Assembly and amongst some state governors who rejected its passing in 2024.

At the NASS, the bills sparked heated debate, particularly around the revenue-sharing structure, which governors from the North opposed.

They warned that a shift toward derivation-based allocations, especially with VAT, could tilt fiscal balance in favour of southern states with stronger consumption bases.

After prolonged dialogue, the VAT rate remained at 7.5 per cent, and a new exemption was introduced to shield minimum wage earners from personal income tax.

By May 2025, the National Assembly passed the harmonised versions with broad support, driven in part by pressure from economic stakeholders and international observers who welcomed the clarity and efficiency the reforms promised.

In his tweet, Tinubu stressed that this is just the beginning of Nigeria’s tax evolution.

“We are laying the foundation for a tax regime that is fair, transparent, and fit for a modern, ambitious Nigeria.

“A tax regime that rewards enterprise, protects the vulnerable, and mobilises revenue without punishing productivity,” he stated.

He further acknowledged the contributions of the Presidential Fiscal Policy and Tax Reform Committee, the National Assembly, and Nigeria’s subnational governments.

The President added, “We are not just signing tax bills but rewriting the social contract.

“We are not there yet, but we are firmly on the road.”

 

 

 

 

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RSG Commences Revitalization Of 200 Health Centres 

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The Rivers State Government has  commenced the revitalization of over 200  primary health care centres across the state.
Senior Special Adviser to the Rivers State Administrator on Health Matters, Professor Chituru Orluwene, disclosure this during an enrollment sensitization campaign organised by the Rivers State Contributory Health Protection Programme (RIVCHPP) at Ogale in Eleme Local Government Area of the State.
He said the government was also equipping all zonal hospitals as well as revitalizing all General hospitals across the state.
Orluwene said the ongoing programme was in line with the promise by the Sole Administrator, Vice Admiral Ibok Ete Ibas (Rtd), to bring affordable and quality health care services to the door steps of the people.
According to him, the programme will not only increase the average lifespan of the people but also reduce poverty and sufferings.
The Special Adviser called for mass enrollment into the RIVCHPP, and listed some of the benefits to include free and affordable health care services, among others.
Meanwhile, the Executive Secretary, RIVCHPP, Dr (Mrs) Vetty Agala, disclosed that over 108,000 persons have so far enrolled with the RIVCHPP within the last one year.
Dr Agala said the programme which started during the administration of the suspended Governor of Rivers State, Sir Siminalayi Fubara, also has the backing of the State Administrator, Vice Admiral Ibok Ete Ibas (Rtd).
She noted that lack of access to quality health care had not only affected the average lifespan of Rivers people but increased poverty and suffering.
The Executive Secretary who stressed the need for the people to embrace the programme, said free medical treatment would be given to those who enrolled with it, adding that registration will guarantee free and affordable health care services to the people
According to her, government is also ensuring that all vulnerable groups including those with disabilities, widows, pregnant women, the aged, children and the downtrodden benefit maximally from the programme.
She said her team would move round the 23 Local Government Areas of the State to sensitize the people on the benefits of the programme.
The Sole Administrator of Eleme Local Government Council, Dr Gloria Obo Dibiah, announced that the council would sponsor over 2,000 less privilege persons from the area for the RIVCHPP programme.
She said the enrollment of 100 persons out of the 2,000 will start immediately.
According to her, the 2,000 beneficiaries will include people with disabilities, pregnant women, the aged, and children.
Dibiah further promised to assist the would-be beneficiaries to get their National Identity Numbers as soon as possible to enable them register for the programme.
She said the sponsorship was part of her administration’s commitment to improving the health care needs of the people of Eleme, and commended RIVCHPP for choosing Eleme to flag off the sensitization programme.
John Bibor
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Nigeria Accounts For 70% Of 11m Illegal Arms In W/Africa

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The National Center for the Control of Small Arms and Light Weapons (NCCSALW) says that Nigeria is accountable for 70 per cent of 11 million illegal arms and light weapons in West Africa,

Mr Alex Ebimiebo, the South South Zonal Director of the NCCSALW, made the remark at the Naval Warfare Course 9 Inter-Agency seminar, organised by the Naval War College in Calabar on Thursday.

Ebimiebo presented a paper themed, “Strengthening Security Agencies Collaboration to Counter Illicit Arms Proliferation for Enhanced National Security in Nigeria.”

He said that the illegal arms dealings were largely responsible for Nigeria’s 2.2 million Internally Displaced Persons (IDPs) and 26,000 refugees in neighboring countries.

Ebimiebo further said that arms proliferation had led to economic distortions, an increase in violence, crime, and impediment to peace building.

He, however, called for concerted effort from all Nigerians to tackle the menace, saying that NCCSALW would take the fight to the society since security is the responsibility of everyone.

“So, as a result, everybody is a stakeholder, so as such, we need to involve the whole society in this fight and the center has a lot of programmes for collaboration with our sister agencies.

”We also have advocacy and sensitisation programmes that we take to members of the general public from time to time,” he said.

Meanwhile, Rear Adm. Akinola Oludude, Commandant, Naval War College, expressed concern on the influx of illicit arms into Nigeria since 2020.

He attributed this to the extensive borderline of about 4,470 kilometers between Nigeria, the Republic of Benin, Niger, Chad, and Cameroon.

He also noted that the nation’s maritime domain that extended over 853 kilometers of coastline and of the Gulf of Guinea had also not helped.

The commandant said that the 2021 survey by the NCCSALW revealed that over six million illegal weapons were in circulation in the country.

Oludude said that out of the figure, about 70 per cent were in the hands of non-states actors.

”The impact of this illicit arms proliferation is profound and multifaceted.

”These weapons bred various forms of insecurity, including terrorism, banditry, kidnapping, communal clashes, and armed robbery.

“Inter-agency collaboration is needed to tackle the proliferation of illicit arms and weapons,” he said.

Oludude said that no single agency, no matter how well-resourced, no matter how well-dedicated, could effectively tackle the complex challenge alone.

He stated that the nature of the recent arms proliferation demanded a joint and multi-agency approach.

“Therefore, this seminar provides a vital platform for us to collectively examine the complexities of this complex challenge,” he said.

Also speaking, the Flag Officer Commanding (FOC), Eastern Naval Command, Rear Adm. Kennedy Ezete, urged the participants to translate the discussions and recommendations of the seminar into concrete actions.

He advised the participants to take the knowledge and insights gained to their respective agencies and organisations and implement them

According to him, “we must ensure that the suggestions and way forward developed here are implemented effectively and that the partnerships forged are sustained.

”This requires a commitment from all stakeholders, including the leadership of our security agencies and the wider community.

”Share your experiences, implement the strategies that have been suggested, and continue to work collaboratively to counter illicit arms proliferation.

“We must also continue to invest in training, technology, and intelligence gathering to enhance our capabilities.”

 

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NLC Threatens Strike, Issues Seven-Day Ultimatum

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The Nigeria Labour Congress (NLC) yesterday issued a seven-day ultimatum to the Federal Government over its failure to constitute the governing board of the National Pension Commission.

 

The Labour Centre also accused the government of diverting workers’ funds through the Nigeria Social Insurance Trust Fund.

 

According to a communiqué signed by its President, Joe Ajaero, the Central Working Committee of the NLC met on Wednesday, August 13, 2025, to deliberate on urgent issues affecting Nigerian workers, the trade union movement, and the nation at large.

 

The meeting addressed the leadership crisis in the Edo State Council of the NLC, what it described as alarming developments in the NSITF, the governance vacuum in PENCOM, and the broader state of the nation.

 

The communiqué noted that the CWC expressed outrage at the ongoing assault on workers’ social protection rights through the Federal Government’s diversion of 40% of workers’ contributions to the national coffers as “revenue,” describing it as a flagrant violation of the statutes establishing the NSITF.

 

“Equally condemnable is the new administration’s false claim of ownership of the NLC National Headquarters, a property owned by Nigerian workers; the resort to cyber and media bullying of the trade unions and leadership, coupled with covert moves to amend the NSITF Act in a manner that would disenfranchise workers and give the government full control over the funds.

 

“The CWC warns that these actions represent a direct attack on workers’ rights, hard-earned resources, and the principle of tripartite governance enshrined in international labour standards.

 

“The Congress affirms that the NSITF belongs to the Nigerian working class and will mobilise all legitimate means to ensure workers’ interests are protected,” Ajaero said.

 

On the steps to be taken, the NLC president stated, “The NSITF must account for and return all diverted funds within seven working days from today.

 

“The PENCOM board must be properly constituted in full compliance with the law within seven working days from today.

 

“The Pension Commission must submit to the NLC a full status report of the funds within the same period.

 

“If at the end of these seven working days, nothing is done, the NLC will no longer guarantee industrial peace in the sector.”

 

 

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