News
Ensure effective, equitable tax system for all Nigerians – Gov Oyebanji to JTB
Ekiti State Governor, Biodun Oyebanji has called on members of the Joint Tax Board, JTB, the apex body for all tax authorities in Nigeria, to ensure effective and equitable tax system in the country, to ensure the fulfillment of the Tax Reforms of President Bola Ahmed Tinubu.
The Governor stated this at the opening ceremony of the 2025 Joint Tax Board Strategic Retreat held at Ikogosi Warm Springs Resort, Ikogosi-Ekiti on Friday.
Governor Oyebanji noted that the importance of a robust tax system in driving economic growth and citizens’ welfare cannot be over emphasized, commending Tinubu for proposing a far-reaching reform aimed at lifting the living standards of citizens.
He explained that the key objectives of the bill are aimed at deepening the tax base, enhancing revenue mobilization, simplifying compliance procedures, fostering transparency and accountability across revenue agencies, as well as encouraging digitalization in tax administration.
He added that the implementation of the bill in 2026 will reshape the process of revenue mobilization and delivery of sustainable development.
Governor Oyebanji charged participants at the retreat, including Executive Chairmen of Internal Revenue Services of the 36 states of the federation, to effectively deliberate on the implications of the law to national development, which he described as a pivotal shift towards a resilient and self-reliant economy to achieve transformative policy.
“With the signing of these Tax Reform Bills by the President, and the planned commencement of implementation starting from January 2026, we have been presented with a historic opportunity to reshape how our country mobilizes revenue, fosters compliance, and delivers sustainable development.
“The courage and vision of Mr President deserve our highest commendation as we align with his determination to reposition Nigeria for greatness. These reforms will shape the trajectory of Nigeria’s economy for years to come.
In his remarks, the Chairman, Joint Tax Board, Mr Zacch Adedeji, who commended Governor Oyebanji providing effective leadership for internal revenue service to thrive in the state, noted that the theme of the retreat, “Re-imagining the Nigeria tax eco-system: harnessing the four tax reform laws as game changers in tax administration” was apt and critically chosen to enforce President Tinubu’s tax reform nationally.
Adedeji, who was represented by the Coordinating Director of Federal Internal Revenue Service Alhaji Mohammed Abubakar. commended Ekiti State citizens for their voluntary compliance to tax payment because of the performance of the Governor whom he said has done the right thing by investing the people’s money on their welfare which helped in moving the internally generated revenue of the state high.
The Chairman, Ekiti State Internal Revenue Service, Mr Olaniran Olatona expressed appreciation to Governor Oyebanji who had been a pillar of support to the process of internally generated revenue in the state which he promised to effectively used for the development of the state and which have brought about voluntary compliance to tax payment by residents of the state.
The governor of Oyo state, Seyi Makinde, has approved a N10,000 transportation allowance as a palliative for the state workforce to cushion the effects of the increase in the pump price of Premium Motor Spirit, otherwise known as petrol.
The Chairman of the Nigeria Labour Congress (NLC), Oyo State chapter, Kayode Martins, in a statement released on Monday, March 23, disclosed that the governor has granted the request of the union on the issue of transportation allowance.
The statement read
“Following the intervention and formal request made by the State Council of the Nigeria Labour Congress (NLC) earlier this morning, the state government has approved a N10,000 transportation allowance for all workers in the state.
The newly approved allowance is set to take effect from April 2026, providing much-needed relief to workers grappling with rising transportation costs amid current economic challenges.
This development comes as a direct response to sustained advocacy by the state NLC, aimed at cushioning the impact of increased living expenses on the workforce.
Further details on implementation are expected to be communicated by the relevant government authorities in due course.”
News
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
Justice James Omotosho of the Federal High Court in Abuja, on Monday, March 23, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.
DailyTrust reports that in the judgment delivered, Justice Omotosho held that the Economic and Financial Crimes Commission (EFCC) had been able to prove the nine-count money laundering charge beyond reasonable doubt.
According to the judge, the defendant is hereby convicted as charged.
Justice Omotosho convicted Nwabuoku in all the nine counts and sentenced him to eight years imprisonment in each of the counts, making 72 years.
The judge, however, ordered that the counts shall run concurrently.
Justice Omotosho, who described Nwabuoku’s act of diverting funds meant for security and defence while he served as Director of Finance and Account in the Ministry of Defence as “appalling,” commended the EFCC for being detailed in its prosecution.
The judge observed that the evidence of the 9th prosecution witness that Nwabuoku voluntarily refunded part of the siphoned money of over N200 million during investigation was not controverted by the defence.
Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021. He became acting Accountant General of the Federation in May 2022.
The police in Delta state have arrested eleven more suspects over the sexu@l ass@ults recorded during what was described as a “r@ping festival” in Oramudu Quarters in Ozoro last Thursday, March 19.
In a statement released on Saturday, March 21, the spokesperson of the command, SP Bright Edafe, said the CP Special Assignment Team (CP-SAT) was tasked with conducting a detailed investigation into the incident.
Edafe said operatives of CP-SAT conducted a thorough analysis of available video evidence and intelligence, leading to the arrest of eleven additional suspects identified as Samson Atukpodo, Steven ovie, Ugbevo Samson, Afoke Akporobaro, Evidence Oguname, and six others. Edafe mentioned that these latest arrests bring the total number of suspects currently in police custody in connection with the incident to fifteen (15)
“The Command reiterates that preliminary findings indicate that the unfortunate incident was perpetrated by criminal elements who exploited the situation to engage in acts of sexu@l v!olence, which are in no way representative of any legitimate cultural practice.
The Commissioner of Police, Delta State Command, CP Aina Adesola, condemns these acts in totality and reassures the public that the Command remains resolute in its determination to ensure that all those involved are identified, arrested, and prosecuted in accordance with the law. Members of the public, particularly victims and witnesses, are once again encouraged to come forward with credible information that will aid ongoing investigations. The Command assures that all information provided will be treated with strict confidentiality.”the statement in part reads
Fuel price hike: Gov Makinde announces N10,000 transport support for workers
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
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