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Tax Reform Bill will curb Poverty ad empower Nigerians – Presidency

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The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has stated that the Tax Reform Bill will significantly reduce poverty and empower ordinary Nigerians.

Speaking at the Spokespersons’ Summit organised by the Nigerian Institute of Public Relations (NIPR) in Abuja, Oyedele expressed confidence in the positive changes the bill is set to bring, particularly for low-income earners and small businesses.

He highlighted key features of the proposed reform, including the exemption of low-income earners from paying Personal Income Tax (PAYE), and the removal of Value Added Tax (VAT) on essential goods and services such as food, education, and healthcare.

Additionally, the bill proposes a zero per cent Corporate Income Tax (CIT) rate for small businesses. Oyedele acknowledged that despite its benefits, the bill has faced criticism and misunderstandings.

“Tax issues are not always popular because people find it difficult to part with their money—especially when they can’t see the benefits of what the government is doing with it,” he said.

According to him, the committee’s approach was to identify challenges through data and design a solution tailored to Nigeria’s needs.

“That is exactly what we have done with the tax reform bill, which is now close to being passed and signed by the President,” he added.

Oyedele emphasized that once implementation begins, Nigerians—especially those in lower-income brackets—will start to experience real improvements in their daily lives.

“We want Nigerians to have the opportunity to create wealth. When they succeed, they can then pay taxes—not the other way around,” he said.

He also commended NIPR for organizing the summit and for promoting public understanding of government policies.

In his remarks, NIPR President and Chairman of Council, Dr Ike Neliaku, stressed the importance of involving professional communicators in policy formulation. He said communicators play a crucial role in explaining complex policies to the public.

“When the government says, ‘This is what we want to do,’ it’s up to trained experts—not quacks—to develop effective communication strategies,” Neliaku stated.

He noted that the tax reform was misunderstood largely due to poor communication, which gave room for misinformation.

To address this, NIPR and its partners are working with the government to create a comprehensive tax communication framework. Similar efforts are also ongoing in areas such as climate action and science communication.

Neliaku urged spokespersons to continually update their knowledge and stay informed on current trends and issues to communicate effectively.

 

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PRESIDENT TINUBU’S TRIBUTE TO CENTENARIAN ALHAJI TANKO YAKASAI

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Of the noble men and women who stood firm for our liberty and freedom from repressive colonial subjugation, Alhaji Tanko Yakasai is the last man standing. Born a hundred years ago in Kano City, Alhaji Yakasai exemplifies a purposeful life, carving out a meaningful legacy despite humble beginnings.

Disturbed by the injustice and maltreatment he witnessed under colonial rule, he chose to join the fight for Nigeria’s liberation. As a young man, Baba Yakasai channelled his energy into the struggle for the emancipation of his people and the rest of the country as a freedom fighter, journalist, and frontline political activist.

His activism led him to join hands with comrades in the Northern Elements Progressive Union (NEPU), led by the visionary radical Mallam Aminu Kano. Through NEPU, Yakasai and his co-travellers launched a massive awakening campaign in Northern Nigeria, igniting the fire for the Independence struggle.

In the aftermath of Nigeria’s Independence in 1960, Yakasai maintained an abiding faith in the country and its development. He played several significant roles, including serving as State Commissioner in Kano under Military Governor Audu Bako and as Special Assistant on National Assembly Liaison to President Shehu Shagari during the Second Republic.

In both youth and old age, Yakasai remains a shining example of commitment to Nigeria. He is a consensus builder who consistently weighs in on the side of national cohesion, peaceful coexistence, and democratic consolidation.

In celebrating Baba Yakasai today, I am not only celebrating the man and his personal achievements, but also a century of dedicated service to freedom and democracy and many years of supporting me and the progressive cause.

I am pleased to join family, friends and associates to celebrate the life and commitment of Alhaji Tanko Yakasai as he turns 100 on December 5.

President Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief
Federal Republic of Nigeria
December 4, 2025

 

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Boris Johnson Says He Feels “Perfectly Safe” in Nigeria, Praises Imo State’s Progress

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Former British Prime Minister Boris Johnson has expressed confidence in Nigeria’s security, saying he feels perfectly safe during his visit to the country. His remarks come amid ongoing reports of insecurity in various parts of Nigeria, making his statement a notable endorsement of the nation’s stability in certain regions.

Johnson made the declaration on Thursday, December 4, 2025, while addressing participants at the Imo State Economic Summit 2025 in Owerri, the state capital. He acknowledged having read travel advisories and news reports highlighting security concerns prior to his trip but said his experience has been reassuring.

He said he feels perfectly safe in the country and emphasized that the summit environment and local hospitality contributed to his sense of security. He also asked the audience if they felt safe, receiving an enthusiastic affirmation.

During his visit, Johnson commended Governor Hope Uzodimma and the Imo State Government for their development initiatives, particularly efforts to provide 24-hour electricity. He highlighted the potential of Nigeria as a hub for innovation and economic growth, noting the opportunities presented by emerging technologies such as artificial intelligence.

While his statements have been welcomed by some as a boost to international confidence in Nigeria, analysts caution that the former prime minister’s experience reflects only a controlled and secure environment within Imo State. Several parts of the country continue to face challenges, including banditry, communal conflicts, and kidnappings.

Nonetheless, Johnson’s visit and remarks are significant, sending a positive message to investors and global observers about Nigeria’s potential for stability and progress. They also underscore the contrast between localized experiences of safety and broader security challenges across the country.

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Dangote to Uzodimma: Just show me where to invest

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Dangote

By Emmanuel Iheaka, OWERRI

The President of Dangote Group, Aliko Dangote has assured Governor Hope Uzodimma of Imo State that his group will be one of the biggest investors in the state.

Dangote gave the assurance at the opening session of the Imo Economic Summit 2025 in Owerri on Thursday.

The renowned Africa’s industrialist urged Uzodimma to indicate his preferred area of investment and forget the rest.

Dangote described the Imo governor as a personal friend of decades and commended him for providing enabling environment for investment.

“We will be one of your biggest investors in Imo. So, please tell me the area to invest and we will invest”, Dangote declared.

He called on entrepreneurs to always invest at home, adding that foreigners cannot drive the economy of any nation more than the nationals.

“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he submitted.

Dangote reiterated that his refinery was set to launch 1.4 million barrels per day capacity, the highest for any single refinery in the world.

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