Politics
Revenue Law ‘II Stop Excess Spending – Committee
Chairman of the State House of Assembly Committee on Finance, Hon Josiah Olu has given indication that the passage of a bill to repeal and re-enact the State Board of Internal Revenue Law would help to stop excess spending of state funds.
Hon. Olu stated this recently while presenting his committee report after organizing a public hearing on the proposed law of restructure the Board of Internal Revenue so as to increase the state internally Generated Revenue (IGR).
The finance committee chairman explained that the bill when passed into law would shift the states dependence on federal allocation to IGR, thereby enhancing the states possibilities in other sectors of the economy.
According to him, “the autonomy of the Board of Internal Revenue would enhance not only proficiency but would foster economic growth and accountability,” noting that the quest for good governance would be achieved through the provision of data base for tax payer.
He urged the House to consider the bill good enough for passage as it would strengthen monitoring and enforcement capacity of the Board, pointing out that a huge chunk of government monies presently spent on external Revenue consultant would be saved.
The Committee Chairman explained further that the office of the Executive Chairman shall be responsible for the formulation and execution of the Tax policies of government as provided by the proposed law.
He disclosed that the committee received vital contributions from the public to enrich the bill that also provides for a joint state and local government revenue committee to Comprise Board of Internal Revenue and the Local Government Revenue Committees.
Meanwhile, final debate on the bill has been deferred to a later day as the House adjourned sine die to enable members participate in the Pan African Parliamentary programmes hosted by the State Assembly.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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