Politics
New Tax Reforms Will Benefit All Regions Equally – Tinubu
The Presidency has clarified that the proposed tax reforms, including changes to Nigeria’s Value-Added Tax (VAT) distribution model, are intended to benefit all regions equally.
This response follows opposition from the Northern Governors’ Forum, a coalition of governors from Nigeria’s 19 northern states, who expressed concern over aspects of the reform at a meeting held on October 28.
READ MORE: Young Man, 4 Friends Die After Eating Poisoned Pepper Soup Of Ex-Girlfriend
Bayo Onanuga, Special Adviser to the President on Information and Strategy, disclosed this in a statement released on Thursday.
Led by Governor Muhammed Inuwa Yahaya of Gombe State, the governors, supported by traditional rulers like the Sultan of Sokoto, His Eminence Muhammadu Sa’ad Abubakar III, cautioned that the proposed VAT model might disadvantage their states.
The statement reads, “While we commend the Governors and traditional rulers for supporting President Bola Tinubu over the success recorded in addressing the country’s security challenges, we consider it necessary to address the misunderstandings and misgivings around the tax reform already embarked upon by the administration.
“President Tinubu and the Federal Executive Council recently endorsed new policy initiatives aimed at streamlining Nigeria’s tax administration processes, enhancing efficiency and eliminating redundancies across the nation’s tax operations.
“These reforms emerged after an extensive review of existing tax laws. The National Assembly is considering four executive bills designed to transform and modernise Nigeria’s tax landscape.
“First is the Nigeria Tax Bill, which aims to eliminate unintended multiple taxation and make Nigeria’s economy more competitive by simplifying tax obligations for businesses and individuals nationwide.
“Second, the Nigeria Tax Administration Bill (NTAB) proposes new rules governing the administration of all taxes in the country. Its objective is to harmonise tax administrative processes across federal, state and local jurisdictions for ease of compliance for taxpayers in all parts of the country.
“Third, the Nigeria Revenue Service (Establishment) Bill seeks to rename the Federal Inland Revenue Service (FIRS) as the Nigeria Revenue Service (NRS) to better reflect the mandate of the Service as the revenue agency for the entire federation, not just the Federal Government.
“Fourth, the Joint Revenue Board Establishment Bill proposes the creation of a Joint Revenue Board to replace the Joint Tax Board, covering federal and all states’ tax authorities.
“The fourth bill also suggests establishing the Office of Tax Ombudsman under the Joint Revenue Board, which would serve as a complaint resolution body for taxpayers.
“It is instructive to note that these proposed laws will not increase the number of taxes currently in operation. Instead, they are designed to optimise and simplify existing tax frameworks.
“The tax rates or percentages will remain the same under these reforms, as they focus on ensuring a more equitable distribution of tax obligations without adding to the burden on Nigerians.
“The reforms will not lead to job losses. On the contrary, they are structured to stimulate new avenues for job creation by supporting a dynamic, growth-oriented economy.
“Importantly, these laws will not absorb or eliminate the duties of any existing department, agency, or ministry. Instead, they aim to harmonise revenue collection and administration across the federation to ensure efficiency and cooperation.
“At the moment, tax administration lacks coordination among federal, state, and local tax authorities, often resulting in overlapping responsibilities, confusion, and inefficiency. Without reform, this inefficiency will persist.
“The proposed laws aim to coordinate efforts between different tiers of government, resulting in better tax resource management and greater clarity for taxpayers.
“Under existing laws, taxes like Company Income Tax (CIT), Personal Income Tax (PIT), Capital Gains Tax (CGT), Petroleum Profits Tax (PPT), Tertiary Education Tax (TET), Value-Added Tax (VAT), and other taxing provisions in numerous laws are administered separately, with individual legislative frameworks.
“The proposed reforms seek to consolidate these multiple taxes, integrating CIT, PIT, CGT, VAT, PPT, and excise duties into a unified structure to reduce administrative fragmentation.
“On the proposed derivation-based VAT distribution model, which the Northern Governors oppose, it must be stressed that the new proposal, as enunciated in the Bill, is designed to create a fairer system.
“The current model for distributing VAT is based on where the tax is remitted rather than where goods and services are supplied or consumed.
“The ongoing tax reform seeks to correct the inherent inequity in the current derivation model as a basis for distributing VAT revenue.
“The new proposal before the National Assembly outlines a different form of derivation which considers the place of supply or consumption for relevant goods and services.
“This means that states in the Northern region that produce the food we eat should not lose out just because their products are VAT-exempt or consumed in other states.
“These reforms are critical to improving the lives of Nigerians and were not put forward by President Tinubu to undermine any part of the country.
“There is no better time than now for the National Assembly to give due consideration to these bills that will overhaul our tax systems and create the revenue all the tiers of government require to fund the development our country and people urgently need.” It added
Kenneth Okonkwo, spokesperson for the Atiku Abubakar presidential campaign, has warned that Peter Obi may not be able to defeat President Bola Tinubu in the 2027 presidential election if he contests without a broader opposition alliance.
Okonkwo made the statement during an interview with Ibeju Upgrade Media, amid renewed efforts by opposition figures to form a coalition ahead of the 2027 elections.
According to him, a united opposition front remains the only realistic strategy for defeating Tinubu at the polls.
ALSO READ: Presidency Clears Air on Tinubu’s US Court Case
He argued that Obi would face difficulties securing enough support in Northern Nigeria if he chooses to contest against Tinubu alone.
“Coalition is the only way out,” Okonkwo said, while referring to Tinubu’s political approach and his previous comments about the nature of political power.
He further dismissed the possibility of Obi defeating Tinubu on his own, even if former Kano State Governor Rabiu Kwankwaso joins him as running mate.
“So, if Peter Obi goes against Tinubu alone, Tinubu will eat him like biscuits,” Okonkwo said.
He questioned whether Obi would receive sufficient support in Kano, noting that the former Anambra State governor did not secure the state in the 2023 presidential election.
“Will Kano people accept Peter Obi? In 2023, when we had the opportunity, they did not accept him. In 2027, they will not accept him,” he added.
Okonkwo also played down Kwankwaso’s political influence, claiming that the former Kano governor had lost some of his strength, including in his home state.
“Kwankwaso has nothing to contribute to the ticket. Even in Kano, Kwankwaso has lost,” he said.
His comments come as opposition politicians continue discussions over the possibility of forming a coalition ahead of the 2027 presidential election.
The Osun State chapter of the Accord Party has cautioned its members against anti-party activities in the forthcoming National and State Assembly elections.
A government house statement released in Osogbo on Wednesday added that the party warned that all members must support Accord candidates at the polls.
Rising from a closed door stakeholders’ meeting, the party noted several reports of Accord members allegedly backing candidates from PDP, APM, APP and even APC, directing that those members or leaders caught in such acts will face severe disciplinary actions.
The meeting presided over by Governor Ademola Adeleke passed a resolution that all disagreements over selection of legislative candidates should be resolved and the party must unite behind the candidates already fielded by the party.
Under no circumstances should any Accord member be caught sponsoring or working for legislative candidates of other political parties. Such behaviour will not be tolerated, the stakeholders meeting resolved.
READ ALSO: Dangote Credits Tinubu’s Economic Reforms with Driving Nigeria’s Economic Recovery
The meeting further directed a small committee to work on constituencies where such abnormalities are noted and take appropriate measures to stop the menace and even sanction the culprits if they persist in such anti-party conduct.
The Accord leadership in the state was also directed to activate monitoring actions to identify those involved in such conduct and call them to order as urgently as possible.
Meanwhile, Gov Adeleke used the Forum to register his gratitude to party members for their steadfast support during the turbulent electioneering process.
“I am deeply grateful to our party members for their depth of loyalty and courageous disposition throughout the democratic struggle. Osun people trusted us and they fought for us under the divine direction of God Almighty.
“We praise God Almighty, the courageous people of Osun state, the electoral commission and you, our loyal party members and leaders. I will remain steadfast in my commitment to the people, the party and God almighty.
“I task us to support our party candidates in the forthcoming legislative elections. We must avoid anti-party activities. Severe sanction awaits any party member who works against the candidates of the party.
“I have also tasked our candidates to reach out to all segments of the party. We must run an inclusive campaign. All shades of opinion must be mobilised for resounding success in future elections”, the governor admonished leaders at the stakeholders’ forum.
The Independent National Electoral Commission (INEC) has raised the alarm over a fake online recruitment notice claiming that the commission has commenced the recruitment and training of ad-hoc staff ahead of the 2027 General Election.
INEC issued the warning on Monday, August 31, 2026, following the circulation of a message online directing prospective applicants to a website purportedly created for the recruitment exercise.
The electoral commission dismissed the information as false, stressing that the recruitment notice and website did not originate from it.
SEE MORE: 2027: ‘We Must Build the Table’ — Opposition Leaders Meet in Abuja to Challenge Tinubu
In a statement, INEC said, “The attention of the Independent National Electoral Commission (INEC) has been drawn to a message circulating online claiming that the Commission is currently recruiting and training ad-hoc staff for the 2027 General Election.”
The commission further clarified that the website being circulated is not its official recruitment portal.
“This information is not from INEC. The website/link being circulated is NOT an official INEC recruitment portal,” INEC stated.
The electoral body warned Nigerians against clicking on the link or providing personal information through the platform, particularly as fraudulent recruitment websites can be used to obtain sensitive details or solicit payments.
“Members of the public are strongly advised NOT to click on the link, submit personal information, upload documents or make any payment through the platform,” the commission warned.
INEC advised members of the public to rely only on its verified communication channels and official websites for information concerning recruitment and election-related activities.
“INEC’s official recruitment and election-related announcements are published through the Commission’s verified communication channels and official websites,” it said.
The commission directed Nigerians seeking authentic information to visit its official website, inecnigeria.org.
INEC also noted that it had previously warned the public about fraudulent websites and fake recruitment advertisements purporting to originate from the commission.
The electoral body urged Nigerians to disregard the latest notice and avoid further circulating it.
“Please disregard and do not circulate this false recruitment notice,” INEC said.
The commission concluded its warning with an appeal to Nigerians to verify the authenticity of online information before clicking on links or submitting personal details.
“Stay informed. Stay safe. Always verify before you click,” INEC stated.
Dangote Reveals Date for Much-Awaited Refinery IPO
‘Young Nigerians Now Selling Their Kidneys to Survive’ — Atiku Raises Alarm
NGX N-Zero Begins Corporate Climate Baseline Assessments
2027: Obi Has No Chance Against Tinubu Without Opposition Alliance — Okonkwo
Unlocking Africa’s Upstream Lies in Stronger Partnerships – Oando
Presidency Clears Air on Tinubu’s US Court Case
Trump’s Family Unveils New Cryptocurrency Platform
Senate Denies Receiving Petitions Against Tinubu’s Ambassadorial Nominees
Dangote Cement Lights Up Benue Host Communities With CSR Initiatives
Reps Recommend 3-year Jail Term For Aviation minister
Tems Sets New Record On Billboard Hot 100 Chart
470890 130648As far as me being a member here, I wasnt aware that I was a member for any days, truly. When the post was published I received a notification, so that I could participate inside the discussion with the post, That would explain me stumbuling upon this post. But were undoubtedly all members in the world of concepts. 765488
321067 499840Wow! This could be 1 specific of the most helpful blogs Weve ever arrive across on this topic. Truly Excellent. Im also an expert in this topic therefore I can recognize your hard work. 396716
526864 147372Some genuinely great info , Gladiola I detected this. 259482