Politics
Reps Hold Closed-door Session to Discuss Tinubu’s Tax Reform Bills
The House of Representatives has entered into a closed-door session to deliberate on the Tax Reform Bills proposed by President Bola Tinubu.
The ongoing meeting is designed to foster a consensus among lawmakers as they prepare for the upcoming debate on the bills. The session is crucial in addressing any concerns or opposition that may arise during the discussion of the proposed reforms.
A lawmaker from the All Progressives Congress (APC) revealed that the closed-door session is intended to ease tensions and encourage support for the bills ahead of the formal debate. While not all lawmakers are fully convinced about the content of the bills, there is a general recognition that the government’s intent is to improve the nation’s economy. The aim of the session is to garner enough backing for the tax reforms, which are viewed as pivotal to strengthening Nigeria’s fiscal policies.
The Tax Reform Bills, transmitted to the National Assembly on September 3, 2024, are part of the government’s ongoing effort to overhaul the country’s tax system. These proposed reforms are based on the recommendations of the Taiwo Oyedele-led tax reforms committee and are designed to modernize and simplify Nigeria’s tax structure.
The four key bills under discussion include the Nigeria Tax Bill 2024, which sets the fiscal framework for taxation in the country. This bill outlines the broader principles and rules governing tax collection and administration. Another crucial bill is the Tax Administration Bill, which aims to streamline the legal framework for tax collection, reduce disputes, and ensure greater efficiency in tax administration.
Additionally, the Nigeria Revenue Service Establishment Bill seeks to repeal the existing Federal Inland Revenue Service (FIRS) Act and replace it with the Nigeria Revenue Service, a new body that would take on a more comprehensive role in managing the country’s revenue collection. The Joint Revenue Board Establishment Bill is also part of the package, and it proposes the creation of a tax tribunal and a tax ombudsman, both of which would provide greater accountability and resolve tax-related disputes.
These bills are considered critical for improving Nigeria’s tax system, increasing revenue generation, and ensuring a more transparent and efficient approach to taxation. However, lawmakers’ deliberations are expected to focus on the finer details of the proposed changes, with the aim of ensuring that the reforms align with the best interests of the economy and the welfare of Nigerian citizens. The outcome of these discussions will shape the direction of the country’s tax policies for years to come.
Politics
FEDERAL HIGH COURT STOPS INEC FROM RESTRICTING DEFECTION TO ANOTHER PARTY AFTER CONTESTING PRIMARY
Here is the judgement from the Federal High Court, Abuja today
1. INEC can only monitor 2027 primaries but cannot fix timetable for when a political party should conduct its primaries for this election
2. INEC cannot give a shorter timeframe or abridge the period in which a political party can provide information of their candidates for 2027 election
3. INEC cannot give a shorter timeframe to political parties as regards withdrawal or replacement of candidates (Placeholders)
4. INEC cannot publish any final list of candidates for 2027 elections before 60 days to election.
5. INEC cannot fix 2027 campaigns to end 2 days to elections.
6. This is AN ORDER nullifying and setting aside the timeframes imposed by INEC for 2027 General Election for:
– the conduct of primary elections by political parties for the 2027 general elections
– the submission of personal particulars of candidates by their political parties for the 2027 general elections
– the withdrawal and replacement of candidates by political parties
– the publication of the final list of candidates for the 2027 general elections and campaigning.
Is this a trap or a game changer for some aspirants???
A Rivers State politician, Blessing Fubara, has declared his intention to contest the 2027 governorship election in Rivers State under the platform of the Nigeria Democratic Congress.
The politician has already obtained both the nomination and expression of interest forms needed to participate in the governorship race ahead of the 2027 election.
Blessing Fubara shares the same surname and local government area with the current Rivers State Governor, Siminalayi Fubara.
Both men are from Opobo/Nkoro Local Government Area. However, there has been no confirmation that they are family members.
The Chairman of the NDC in Rivers State, Success Jack, confirmed that Blessing Fubara is among those seeking the party’s governorship ticket.
He also stated that he could not confirm whether the governorship aspirant is related to Governor Siminalayi Fubara.
According to him, the party is preparing seriously for the 2027 general elections and hopes to win not only the governorship seat but other elective positions in Rivers State.
The development comes weeks after Blessing Fubara left the All Progressives Congress and joined the NDC.
Following his defection in Abuja, he was received by former Bayelsa State Governor, Seriake Dickson, alongside other leaders and members of the party.
After joining the NDC, Blessing Fubara said his decision was taken for the interest of Rivers people.
He also stated that the future of the state must be protected ahead of the next general election, expressing confidence that the state would experience positive changes after the 2027 polls.
Surulere I lawmaker Desmond Elliot has withdrawn from the All Progressives Congress Lagos House of Assembly primaries, citing intimidation across multiple zones.
In a viral video posted online, the lawmaker said he was stepping out of the race despite seeking re-election under the APC. He alleged that his supporters faced intimidation during the process in several parts of the constituency.
Elliot’s decision came as the primaries held across Lagos on Tuesday. Chief of Staff to the President Femi Gbajabiamila, who represents Surulere Federal Constituency, praised the conduct of the exercise in Surulere, describing it as peaceful.
The withdrawal narrows the contest for the APC ticket in Surulere I ahead of the 2027 general election. Party officials in Lagos have not yet responded to Elliot’s claims, and the APC state chapter has not announced whether the primary in the constituency will proceed with other aspirants.
Elliot has represented Surulere I in the Lagos State House of Assembly since 2015.
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FEDERAL HIGH COURT STOPS INEC FROM RESTRICTING DEFECTION TO ANOTHER PARTY AFTER CONTESTING PRIMARY
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