By Michael Chibuzo President Bola Tinubu on October 3, 2024 transmitted four tax reform bills to the national assembly. The bills are the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill and the Joint Revenue Board Establishment Bill. Together, these bills would overhaul tax administration and revenue generation in Nigeria as many of the provisions contained in them are landmark in nature. These tax reforms bills did not come out from the blues, they are products of a year worth of intense hard work and consultation by the Taiwo Oyedele-led Presidential Committee on…
Author: Michael Chibuzo
By Bayo Onanuga Since his defeat in the last election, former Vice President Atiku Abubakar has shown more interest in undermining President Bola Ahmed Tinubu than in addressing his party’s implosion. We suspect he is envious of Tinubu’s position—an office he has unsuccessfully sought six times. It is perplexing that he would elevate his untested, hypothetical proposal, which Nigerians soundly rejected during the 2023 Presidential Election, and seek to present it as a superior alternative to the multi-faceted reform programmes implemented by the Tinubu administration. If his plan lacked popular appeal, he must acknowledge that merely repackaging it will not…
By Michael Chibuzo Nigeria since independence has had to navigate countless political landmines that are often times rooted in either tribal/religious rhetoric or North-South divide. Talking about the North-South division, this geographical faultline was birthed by the British division of Nigeria into the Northern and Southern protectorates, which were administered separately until the 1914 amalgamation. Unfortunately, even with the amalgamation of the two protectorates, the faultline never disappeared completely. Due to the political structure Nigeria adopted at independence, Northern Nigeria over the years have become a kingmaker of some sort due to their huge voting bloc. A look at the…
President Bola Tinubu has congratulated the Republican Party candidate in the 2024 US presidential election, Donald Trump over his victory at the polls, which will see him return to the White House, according to a State House press release signed by presidential adviser on Information and Strategy , Bayo Onanuga. The statement reads, “President Bola Tinubu extends his heartfelt congratulations to President Donald Trump on his re-election as the 47th President of the United States of America.” “President Tinubu looks forward to strengthening the ties between Nigeria and the United States amid the complex challenges and opportunities of the contemporary…
The President and Commander-in-Chief of the Armed Forces, Bola Ahmed Tinubu has announced the passing of Lt. General Taoreed Abiodun Lagbaja, Chief of the Army Staff, at the age of 56. According to a State House press release signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Lt. Gen. Taoreed Abiodun Lagbaja passed away on Tuesday night in Lagos after a period of illness. Born on February 28, 1968, Lt. General Lagbaja was appointed Chief of Army Staff on June 19, 2023, by President Tinubu. “His distinguished military career began when he enrolled in the…
Former US President, Donald Trump is on the cusp of completing one of the most remarkable comebacks in presidential history as he edges close to achieving the 270 electoral college votes that he needs to return as President. Heading into the US presidential election, polls suggested it was going to be a close race to call, however as exit polls have now shown, Donald Trump is set to win the race to return to the White House. A breakdown of the electoral map shows that Trump has been projected to win Pennsylvania, North Carolina and Georgia, the first three of…
By Michael Chibuzo In recent times in Nigeria, the term ‘national grid’ has become part of our popular lexicons. It is common to hear a lot of people say, or even media organisations report that the “national grid has collapsed”. What immediately then comes to the mind of most people is that there is a national blackout. In those circumstances, “expert advices” from both the informed and uninformed would start flying around. Opposition politicians also try to cash in by bashing the government in power and indirectly saying that the situation would have been different if they were the ones…
By Michael Chibuzo On May 29, 2023, President Bola Tinubu stood on the presidential podium at Eagle Square and signalled his administration’s intention to carry out major and audacious shake-up in Nigeria’s monetary environment. He affirmed that in line with his campaign promise, the CBN would receive his blessing to harmonise the foreign exchange market and do away with the multiple exchange rates the CBN pegged the Naira to in various FX windows. Just like with the deregulation of PMS, President Bola Tinubu knew that the liberalisation of the foreign exchange market to allow demand and supply to determine rates…
…calls on Soludo to resign if overwhelmed by burden of governance The Knights of Sir Paul Chukwuma (KSP), a popular support group dedicated to the realisation of the governorship project of Sir Paul Chukwuma (Onwa Umueri), the Pro-Chancellor of Olivia University, is set to intensify its mobilisation efforts at the grassroots especially at the wards and polling unit clusters as the battle to rescue Anambra State from the disastrous reign of Prof. Charles Soludo and APGA becomes intense. This decision was taken at the Expanded Executive Committee meeting of KSP, which took place on Sunday in Awka and had in…
By Temitope Ajayi A video of former President Olusegun Obasanjo’s interview with News Central Television has been trending on social media platforms for the past week. In the interview, the former President, in a veiled reference to the current administration, said Nigeria has a President who came into office without a plan. Yet, the same ‘planless’ president is implementing a bold economic reform programme that Obasanjo initiated and abandoned mid-way. This intervention is essentially about a tale of two leaders and how they both handled fuel subsidy removal, a very touchy issue every president of Nigeria has avoided since 1973…