President Bola Tinubu has lauded Senegal’s President Macky Sall’s decision not to run for a third term after his tenure ends. Dele Alake, presidential adviser on Special Duties, Communications, and Strategy, disclosed this in a statement in Abuja last Friday. In recent weeks, speculation about Sall’s potential third term led to widespread protests in Senegal, a nation known for its stable democratic structure. However, Sall clarified on Monday that he wouldn’t be in the running for the Feb. 25, 2024, presidential election. Tinubu commended Sall’s move as serving the best interests of Senegal and the broader stability of the West…
Author: Victor Fola
In a significant move to advance national fiscal policy, President Bola Tinubu has launched a committee focused on tax reforms. Dele Alake, the Special Adviser to the President on Special Duties, Communications and Strategy, made the announcement on Friday. The committee will be led by Taiwo Oyedele, an esteemed expert in Fiscal Policy and Africa Tax Leadership at PriceWaterhouseCoopers (PwC). Its composition will include professionals from both the private and public sectors, tasked with addressing various aspects of tax law reform, fiscal policy design, coordination, tax harmonization, and revenue administration. Mr. Adelabu Zacch Adedeji, the Special Adviser to the President…
Lagos State Governor Babajide Sanwo-Olu has fulfilled his promise, awarding Miss Yusuf Aminat Imoiteseme, Lagos State University (LASU) Best Graduating Student, with a prize of N10 million. Miss Aminat, who earned an unprecedented 5.0 CGPA in Law from Lagos State University (LASU) at just 23 years, demonstrated both the power of her determination and the high standard of Lagos State’s educational system. The governor had the opportunity to engage in a conversation with Miss Aminat and her parents, Mr. Ibrahim Yusuf and Hajia Halimah. The discussion centered on her upbringing and the pivotal role her dedicated parents played in shaping…
Telecom professionals, tax consultants, and academics have lauded President Bola Tinubu for his decision to suspend the implementation of contentious sections of the Finance Act 2023. The suspended sections included a five per cent tax on telecom services, which had faced significant opposition. Gbenga Adebayo, Chairman of the Association of Licensed Telecoms Companies of Nigeria (ALTON), Taiwo Oyedele, a tax expert and Fiscal Policy Partner with PwC, and Uche Uwaleke, a professor at the Department of Banking and Finance, Nasarawa State University Keffi, spoke highly of President Tinubu’s decision. Adebayo relayed his approval during a phone conversation, commending President Tinubu’s…
Gbenga Daniel, the APC senator representing Ogun East, has voluntarily renounced his pension as a former governor of Ogun state. On Thursday, Daniel confirmed via Twitter that he had written to the incumbent Governor, Dapo Abiodun, to terminate his monthly pension and allowances. Citing “good conscience,” Senator Daniel made the decision to halt the monthly payment of N676,376.95 he was entitled to as ex-governor. Daniel underlined in his letter that, since departing the governor’s office in 2011, he had not received any further benefits such as medical, transportation, or furniture allowances from the state government. ““After my inauguration at the…
President Bola Ahmed Tinubu has made a grand entry into new social media platform, Threads. Recall Threads, owned by Meta which is founded by Mark Zuckerberg, has seen over 10 million people sign up after new strict measures introduced by Elon Musk on Twitter. In his first post on the platform, President Tinubu wrote: “My fellow Tailors, Idan has landed.”
The Presidency has dismissed speculations and permutations surrounding the expected ministerial list of President Bola Tinubu. It said that media reports on the subject so far were fabricated and untrue. Speaking at a press conference on Thursday at the Presidential Villa, Special Adviser on Special Duties, Communications and Strategy to the President, Dele Alake, emphasised the unique executive presidency system and affirmed that the decision to unveil the cabinet list rests solely with the President, who will determine the most opportune time for its release. He categorically stated that all the information reported in the media regarding the ministerial list…
President Bola Tinubu has announced the new dates for the national population and housing census, which was postponed in April, according to Nasir Kwarra, the Chairman of the National Population Commission. Kwarra made this disclosure on Thursday after briefing the President at the Aso Rock Presidential Villa, Abuja. At the briefing, the NPC submitted its report to the President, who will carefully study it to make an informed decision on the appropriate date for the nationwide exercise. During the meeting, Kwarra highlighted the need for additional financial provisions due to the extended delay of the census. He emphasized that as…
In an attempt to address multiple taxation as kicked against by a cross-section of Nigeria and the business class, President Bola Tinubu has signed four Executive Orders inclusive of the suspension of the five percent Excise Tax on telecommunication services as well as the Excise Duties escalation on locally manufactured products. The move was announced by Dele Alake, the Special Adviser to the President on Special Duties, Communications, and Strategy, during a briefing with State House correspondents held at the Presidential Villa in Abuja. The president also signed the Finance Act (Effective Date Variation) Order, 2023, which defers the implementation…
Award-winning singer, Tiwa Savage, has shared details of her experience performing at the historical coronation ceremony of the British monarch, King Charles III. Revealing that nerves initially threatened to disrupt her performance, Tiwa Savage became the first Nigerian artist to grace a British royal event, leaving guests enthralled at the coronation concert and Big Lunch held in March. During her recent appearance on the Good Morning Britain TV Show, Tiwa Savage admitted feeling nervous in the first few seconds of her performance at Windsor Castle. However, she quickly regained her composure and mesmerized the audience with her musical talent. Reflecting…