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Wednesday, June 25, 2025

PRESIDENT TINUBU SIGNS FOUR TAX BILLS INTO LAW TOMORROW.

PRESIDENT TINUBU SIGNS  FOUR TAX BILLS INTO LAW TOMORROW.


President Bola Tinubu will, on Thursday, sign into law four groundbreaking tax reform bills that will transform Nigeria’s fiscal and revenue framework.

The four bills, the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, were passed by the National Assembly after extensive consultations with various interest groups and stakeholders.

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.

The historic presidential assent to the bills at the Presidential Villa, Abuja, will be witnessed by the Senate President, Speaker of the House of Representatives, Senate Majority Leader, House Majority Leader, chairman of the Senate Committee on Finance, and his House counterpart.

The Chairman of the Governors Forum, the Chairman of the Progressives Governors Forum, the Minister of Finance and Coordination Minister of the Economy, and the Attorney General of the Federation will also attend the ceremony.

One of the four bills is the Nigeria Tax Bill (Ease of Doing Business), which aims to consolidate Nigeria’s fragmented tax laws into a harmonised statute.

By reducing the multiplicity of taxes and eliminating duplication, the bill will enhance the ease of doing business, reduce taxpayer compliance burdens, and create a more predictable fiscal environment.

The second bill, the Nigeria Tax Administration Bill, will establish a uniform legal and operational framework for tax administration across federal, state, and local governments.

The Nigeria Revenue Service (Establishment) Bill, the third bill, repeals the current Federal Inland Revenue Service Act and creates a more autonomous and performance-driven national revenue agency— the Nigeria Revenue Service (NRS). It defines the NRS’s expanded mandate, including non-tax revenue collection, and lays out transparency, accountability, and efficiency mechanisms.

The fourth bill is the Joint Revenue Board (Establishment) Bill. It provides for a formal governance structure to facilitate cooperation between revenue authorities at all levels of government. It introduces essential oversight mechanisms, including establishing a Tax Appeal Tribunal and an Office of the Tax Ombudsman.

AMBASSADOR DR. DARE OWOTOMOBI CELEBRATES GBAJABIAMILA @ 63.

AMBASSADOR DR. DARE OWOTOMOBI CELEBRATES GBAJABIAMILA @ 63.


The Global Chairman, Bola Ahmed Tinubu Solidarity Vanguard, BATSV, Ambassador Dr. Dare Owotomobi, felicitates with the Chief of Staff to the President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu, GCFR, Rt. Hon. Femi Gbajabiamila on the auspicious occasion of his 63rd birthday celebration.

In a statement released to the media by his Special Assistant  on Media, Jimmy Nanyak Lar, Ambassador Owotomobi exalted Rt. Hon. Gbajabiamila's starling qualities as someone who has tremendously impacted in nation building right from his days as a member of the House of Representatives, to being a Minority Leader to a Majority Leader and lastly, as the Honourable Speaker of the 9th House of Representatives.


The Global Chairman said it is this sterling qualities, coupled with Gbajabiamila's quality representation to his Surulere Federal Constituency and unalloyed loyalty to Asiwaju that culminated to his appointment as Chief of Staff to the President.

It is therefore Ambassador Owotomobi's prayer that as he celebrates his 63rd  birthday, may the Almighty God in his infinite mercy continue to give him the grace to STAND and deliver on his MANDATE.

EKSU TO HOST NATIONAL DIGITAL, CREATIVE ENTERPRISE HUB — NUC.

EKSU TO HOST NATIONAL DIGITAL, CREATIVE ENTERPRISE HUB — NUC.
...VC hails development as milestone for innovation, entrepreneurship in Nigerian universities.
By Olamide Akinwumi. 



 The National Universities Commission (NUC) has selected Ekiti State University (EKSU), Ado-Ekiti as one of the Nigerian universities to host the Investment in Digital and Creative Enterprises (iDICE) Hub — a landmark programme designed to boost innovation, entrepreneurship, and digital skills development in the country’s tertiary institutions.

The announcement was made in a statement issued to newsmen on Tuesday by the Deputy Registrar and Head of the Directorate of Information and Corporate Affairs, Mr. Bode Olofinmuagun.

According to the statement, the shortlisting of EKSU was conveyed in an official letter dated June 17, 2025, and addressed to the Vice Chancellor of the university, Professor Joseph Babatola Ayodele. The letter was signed by the Executive Secretary of the NUC, Professor Abdullahi Yusufu Ribadu.

The iDICE initiative is a Federal Government-backed programme being implemented through the Bank of Industry (BOI), with support from international development partners such as the African Development Bank (AfDB), Islamic Development Bank (IsDB), and Agence Française de Développement (AFD).

The NUC stated that the programme is aimed at fostering job creation by promoting technology-driven and creative ventures, while also equipping Nigerian youths with 21st-century skills in innovation, digital enterprise, and creativity. This will be achieved by establishing digital innovation hubs within selected universities across the country.

NUC described the choice of EKSU as a reflection of the university’s “potential, demonstrated readiness, and capacity to contribute meaningfully to national transformation through innovation and enterprise.”

In his reaction, the Vice Chancellor, Professor Babatola Ayodele, expressed delight at the recognition, noting that the development reaffirmed EKSU’s growing relevance in the comity of Nigerian universities.

He assured that the university is committed to leveraging this opportunity to build a robust platform for talent development and digital innovation, in alignment with global standards.

“This milestone further reinforces our dedication to academic excellence, technological advancement, and the transformation of our students into future-ready innovators and entrepreneurs,” he was quoted as saying.

The iDICE programme is expected to not only reposition participating institutions but also serve as a catalyst for inclusive economic growth across Nigeria by tapping into the potential of its youthful population.

Akinbobola charges workers on professionalism, loyalty, diligence, integrity and apolitical conduct.

Akinbobola charges workers on professionalism, loyalty, diligence, integrity and apolitical conduct. 
...commends Bao landmark strides, lauds Hon Oluwatuyi 's visionary pragmatic leadership.
By Asubiojo G.O.



The Head of Local Government Administration (HLA), Irepodun/Ifelodun Local Government, Igede Ekiti, Mrs. Akinbobola, has called on all staff of the council to uphold professionalism, discipline, punctuality, and a high sense of responsibility in the discharge of their duties.

She gave the charge during a media interaction with the Information and Civic Orientation Department of the local government, led by the Director, Mr. G.O. Asubiojo. According to her, the values of secrecy, honesty, dynamism, analytical objectivism, apolitical conduct, and professionalism should remain the guiding principles of every civil servant.

Mrs. Akinbobola reminded staff that by joining the civil service, they have pledged to uphold the official code of conduct, hence the need to always act with integrity and be proactive in carrying out their assignments.

She further encouraged the LG workforce to be steadfast, enterprising, and result-oriented, noting that only through dedicated service can they reach the peak of their careers within the system.

“Official documents and issues must remain confidential,” she stressed. “They are not meant for public circulation or political exploitation. As public servants, our strength lies in our silent but strategic contributions within official boundaries.”



She used the opportunity to commend Governor Biodun Abayomi Oyebanji (BAO) for his purpose-driven and impactful leadership, especially in the local government system. She highlighted some of his notable achievements, including:
●Clearance of inherited salary arrears

●Prompt and consistent payment of salaries

●Restoration and regular payment of leave bonuses

●Ongoing training and retraining of LG staff

●Improved access to staff loans through the Local Government Service Loans Board

●Recapitalization of the LG Loans Board to meet financial needs of staff

●Provision of operational vehicles to LG departments

●Rehabilitation of rural roads to ease local transportation

●Increased funding for primary health care centres and public schools

●Digitalisation of LG operations for efficiency


Mrs. Akinbobola noted that these strides have significantly improved the welfare and productivity of LG workers across the state.

She also commended the leadership of the Executive Chairman, Hon. Oluwatuyi Oluwagbenga (popularly known as Chenco), describing him as a game-changer whose pragmatic approach and inclusive governance style have fostered harmony and progress within the local government.

In her contributions, Mrs. Adeniyi and Mrs. Akode echoed similar sentiments, urging workers to remain diligent and committed to their duties, stressing that BAO’s achievements should motivate staff to do more.

Engineer Adebayo, Mrs. Olanrewaju, and Mr. Faluyi equally stated that staff must reciprocate the governor’s people-centered leadership with exemplary conduct, excellence in service delivery, and unwavering loyalty.

In her own remarks, Director of Finance, Mrs. Odeyemi Mosunmola, described the present era as “a season of renewed hope” for civil servants. She urged workers to “seize the opportunity, show capacity, and rise beyond mediocrity to become pillars of transformation in their various departments.”

Also speaking, the Director of Administration, Prince Adegoke Peters, advised staff to “always be alive to their responsibilities, be proactive and goal-driven, and uphold the image of the service with pride.”

On his part, the Chairman of NULGE in the local government, Comrade Aina Olawole-Festus, said the union appreciates the governor’s labour-friendly policies and looks forward to more positive interventions. “As comrades, we are like Oliver Twist — we ask for more, not from a place of ingratitude, but because of the positive transformation we’ve seen so far. It is now our duty to match these gestures with loyalty, punctuality, reliability, and excellent service delivery.”

The event ended on a note of optimism, with various directors and stakeholders affirming their commitment to supporting the administration of Governor Oyebanji and Hon. Oluwatuyi. Staff were urged to continue flying the flag of excellence as true custodians of grassroots development.

OYEBANJI CONGRATULATES LAGOS GOVERNOR, SANWO-OLU ON 60TH BIRTHDAY.

OYEBANJI CONGRATULATES LAGOS GOVERNOR, SANWO-OLU ON 60TH BIRTHDAY.



Ekiti State Governor, Mr Biodun Oyebanji, has congratulated his Lagos State counterpart, Mr Babajide Sanwo-Olu on his 60th birthday.

Oyebanji in a statement by his Special Adviser on Media, Mr Yinka Oyebode, and made available to journalists on Wednesday, said  Governor Sanwo-Olu’s attainment of Diamond age is a personal milestone worthy of appreciation and praises to God.



The Ekiti Governor said the celebrant has always been a committed patriot and exemplary servant-leader whose impact and excellent public service record have served as a motivation for those coming behind to serve their fatherland with unrestrained  enthusiasm.

He described Sanwo-Olu as an experienced administrator, a team player and a brilliant statesman who had committed a greater part of his adult life to touching lives and putting in place legacy projects that not only have direct impact on the lives of Lagosians, but positioning the state as a true mega city. 

Oyebanji equally described Sanwo-Olu as the torchbearer for a greater Lagos noting that he had in the last six years taken development of Lagos to a greater pedestal by building on the solid foundation laid by President Bola Ahmed Tinubu as the Governor of Lagos State. 

He further noted that Sanwo-Olu has proved himself to be a loyal party man giving him the credit of excelling in many party assignments where he executed his coordinating roles effectively. 

Oyebanji urged the celebrant to rededicate himself to greater service of mankind and prayed God to grant him long life, sound health and greater success in tasks ahead of him.

Ekiti Trains 38 Newly Recruited Agricultural Produce Officers.

Ekiti Trains 38 Newly Recruited Agricultural Produce Officers.
By Olamide Akinwumi


 
The Ekiti State Government has commenced a two-day training programme for 38 newly recruited Agricultural Produce Officers in a bid to strengthen its revenue generation drive through the agricultural value chain.

The training, which began on Tuesday, is being organised by the Agricultural Produce Department, a critical revenue-generating unit under the Ministry of Agriculture and Food Security.

Speaking at the opening session, the Commissioner for Agriculture and Food Security, Mr Boluwade Ebenezer, charged the officers to be diligent and proactive in discharging their duties, particularly in managing the downstream activities of the agricultural value chain.

He emphasized the significance of their roles in boosting government revenue and enhancing food security across the state.

Boluwade also expressed appreciation to Governor Biodun Oyebanji for his continuous support to the agricultural sector, describing the administration's commitment as pivotal to the sector’s ongoing reforms.

The newly recruited officers are expected to be deployed across various parts of the state upon completion of the training.

Tuesday, June 24, 2025

African Leaders Urge U.S. to Prioritize Investment-Driven Partnerships at U.S.-Africa Business Summit.

African Leaders Urge U.S. to Prioritize Investment-Driven Partnerships at U.S.-Africa Business Summit.
…as CCA Chair John Olajide advocates harmonized visa policies across Africa.



At the 17th U.S.-Africa Business Summit held in Luanda, Angola, African leaders called on the United States to pivot from aid-based engagement to investment-led partnerships that promote human capital development, infrastructure, and economic growth across the continent. They also pressed for a review of U.S. tariffs on African exports, advocating a shift toward more equitable and transformative trade relationships.

The annual summit, organized by the Corporate Council on Africa (CCA), serves as a key platform for fostering stronger U.S.-Africa business ties across critical sectors such as agribusiness, energy, healthcare, ICT, infrastructure, trade facilitation, and finance.


In his opening remarks, Angola’s President João Lourenço emphasized the need for a fundamental rethinking of U.S. engagement with Africa, urging American companies to seize emerging opportunities on the continent through long-term, mutually beneficial partnerships.

"It is time to replace the logic of aid with the logic of ambition and private investment,” said Lourenço.

“Africa should be seen as a credible partner—rich in potential, in need of capital and expertise, and eager to collaborate for shared prosperity.”

He stressed that Africa is no longer a passive recipient of aid but a dynamic frontier of innovation and enterprise.



Echoing similar sentiments, President of the African Development Bank Group, Dr. Akinwumi Adesina called for a review of the high tariffs imposed on African exports to the U.S.

"What is needed is more trade between Africa and the U.S., not less,” Adesina said.

Also speaking at the summit, John Olajide, Chairman of the Corporate Council on Africa, underscored the immense economic potential of a well-structured U.S.-Africa partnership. He called for stronger collaboration across both public and private sectors, while emphasizing the importance of regional integration and infrastructure development within Africa.

"With over 2,000 participants from across Africa and the diaspora attending this summit, I’m confident that our nations are well represented. A robust U.S.-Africa business relationship can transform economies, especially as Africa brings vital assets such as critical minerals needed for green technologies,” Olajide said.

He urged African leaders to harmonize visa regimes across the continent to unlock the full potential of the African Continental Free Trade Area (AfCFTA). He cited the challenges some African participants faced in securing entry into Angola, while their American counterparts entered with ease.

"We cannot continue to speak of economic integration while we lack easy access to one another. Until we ease visa restrictions within Africa, the goals of the AfCFTA will remain out of reach,” Olajide noted.

“Intra-African trade, cross-border collaboration, and infrastructure development all depend on seamless regional connectivity.”

Representing the U.S. government, Massad Boulos, Senior Advisor for Africa, emphasized the Trump administration’s commitment to moving beyond aid, toward technology-driven investments across Africa. He reiterated U.S. interest in engaging with stable African nations to foster peace and prosperity.

"President Donald Trump is committed to Africa—particularly to countries free of crisis. Lasting peace is the foundation for sustainable investment and infrastructure development,” Boulos stated.
“A peaceful African environment will unlock new opportunities for U.S. investment in the region.”