Tag: Nigeria

Fayemi’s Tribute to Ayo Adebanjo: “Nigeria Lost a Great Leader”

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Former Governor of Ekiti State, Kayode Fayemi, has expressed sadness over the death of an elder statesman and renowned Afenifere leader, Pa Ayodele Adebanjo. It was reports that the foremost nationalist died on Friday at his home in Lagos State at the age of 96. In a personally signed statement on Friday night , Fayemi described Adebanjo as a man who spent his life committed to fairness and democratic ideals in the face of adversity. Fayemi wrote, “I am deeply saddened by the passing of Chief Ayo Adebanjo, foremost nationalist…

Oyedele Criticizes Nigerian Tax Laws: “Not Conducive for Growth”

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Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that Nigeria’s current tax laws are detrimental to economic growth. Speaking at Agusto & Co.’s economic roundtable, Oyedele explained that the tax system is overly burdensome, with numerous taxes and taxing agencies targeting businesses of all sizes, both formal and informal. He illustrated this point with an anecdote about a small business owner who felt the system was “feasting” on businesses, and he challenged the audience to a social experiment to demonstrate the excessive scrutiny businesses…

Tax Reform in the House: A Divided Path Forward

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After months of uncertainty, the House of Representatives on Wednesday debated the four tax bills transmitted to the National Assembly for consideration and passage by President Bola Tinubu. The bills scaled second reading after the lawmakers reached a consensus on the contentious Value Added Tax provisions during plenary. In 2024, President Bola Tinubu transmitted four tax bills to the National Assembly for consideration and passage, following the recommendations of the Presidential Taskforce on Fiscal Policy and Tax Reforms headed by Taiwo Oyedele. The proposed bills are the Nigeria Tax Bill…

Sanwo-Olu to host South-West govs in Lagos

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Lagos Govt Shuts RCCG, Celestial Church, Others Over Noise Pollution

Lagos Governor, Mr Babajide Sanwo-Olu, will host governors of South West states at Lagos House, Ikeja, on Thursday, February 13, 2025. A release issued by the State Ministry of Information and Strategy, a copy of which was made available to newsmen Wednesday evening, said the South West Governors’ Forum will discuss issues of common interest at the parley. According to it, the Forum will discuss agriculture and food security to advance economic growth, foster collaboration, and enhance development initiatives in the Zone, adding that issues having to do with the…

Why National grid suffered disturbance — TCN

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National Grid Recovery Nears Completion – TCN Gives Update

Following reports of setbacks to Nigeria’s national grid on Wednesday, the Transmission Company of Nigeria (TCN) has linked the ‘disturbance’ to tripping of Omotosho-Ikeja West 330kV transmission line. TCN’s General Manager on Public Affairs, Ndidi Mbah, disclosed in a statement that at the time, the Benin-Egbin 330kV line was on a scheduled outage for mechanical line tracing. Following reports of setbacks to Nigeria’s national grid on Wednesday, the Transmission Company of Nigeria (TCN) has linked the ‘disturbance’ to tripping of Omotosho-Ikeja West 330kV transmission line. TCN’s General Manager on Public…

[ICYMI] Civil servants get Feb 17 deadline for verification

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Federal civil servants have been given a February 17, 2025, deadline for identity verification as the government moves to weed out ghost workers. This was contained in a memo by the Office of the Accountant-General of the Federation and sighted by our correspondent on Saturday. Civil servants are expected to verify their identities on the portal of the Integrated Payroll and Personnel Information System amid the planned stoppage of salaries and other sanctions for ghost workers. Our correspondent gathered that civil servants had been in haste to generate their Taxpayers…

Why I won’t deport Prince Harry — Trump

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United States President, Donald Trump, has dismissed deporting Prince Harry from the United States, despite ongoing litigation questioning the Duke of Sussex’s immigration status. Trump disclosed this in an interview with The New York Post on Friday, saying he does not want to take action against Harry “I don’t want to do that. I’ll leave him alone. He’s got enough problems with his wife. She’s terrible,” Trump said. This comes amid legal challenges involving Harry’s visa, particularly from the Heritage Foundation, which has raised concerns over Harry’s potential failure to…

Trumph Revokes Biden’s Security Clearance: Details Released

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President Donald Trump on Friday revoked his predecessor Joe Biden’s security clearance in a blizzard of new orders; while escalating his campaign to dismantle the US humanitarian agency charged with helping the world’s poorest and extending American influence around the globe. In a new series of rapid-fire power plays, the 78-year-old billionaire also froze aid to South Africa, where his top donor Elon Musk was born, and named himself head of one of Washington’s premier cultural venues, the Kennedy Center. “There is no need for Joe Biden to continue receiving…

A Royal Treat: Showmax Drops Trailer for Kabiyesi

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Showmax has released the trailer for its new Nigerian Original series, “Kabiyesi,” which will premiere on February 14th. This epic drama tells a story of tradition, ambition, and a princess’s fight for power amidst political change. The series is inspired by the true story of Orompoto, the only female Alaafin of Oyo, who reigned in the 16th century. The story centers on Princess Aderiyife of Oyo-Ile, King Adegoke’s only daughter, who is betrothed to Prince Obabamiji of Igboho. Her path to destiny is disrupted by betrayal and tragedy, forcing her…

Tunisian President Fires Finance Minister in Surprise Move

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Tunisia’s President, Kais Saied, has sacked his finance minister and appointed a magistrate to the role. Michket Slama Khaldi will take on the country’s finance portfolio, the presidency announced on Facebook overnight from Wednesday to Thursday, alongside images of her taking the oath of office. The presidency gave no further details, nor did it mention outgoing minister Sihem Boughdiri Nemsia. The new finance minister had headed a national commission tasked with recovering embezzled public funds Tunisia has over the past two years suffered sporadic shortages of basic items such as…