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Tax reform bills not to impoverish the north – Presidency

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2 years ago

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Bayo Onanuga, special adviser on Information & Strategy

Tax reform bills not to impoverish the north – Presidency

The presidency has said no part of the controversial tax reform bills is meant to impoverish the northern part of the country.

In a statement by Bayo Onanuga the Special Adviser to President Tinubu on Information and Strategy, the presidency denied that the bills recommend the scrapping of  the Tertiary Education Trust Fund (TETFUND), The National Agency for Science and Engineering Infrastructure (NASENI) and the National Information Technology Development Agency (NITDA) .

The statement read,  “Since the public debate around the transformative tax bills before the National Assembly began in the last few weeks, various political actors and commentators have tried to obfuscate the facts, deliberately misinforming and misleading the public.

“Unfortunately, most reactions are not grounded in facts, reality, or sufficient knowledge of the bills. While some commentators have attempted to incite the people against lawmakers, others have polarized one section of the country against another.

“The tax reform bills will not make Lagos or Rivers more affluent and other parts of the country, as recklessly canvassed, poorer. The bills will not destroy the economy of any section of the country. Instead, they aim to enhance the quality of life for Nigerians, especially the disadvantaged, who are trying to make a living.
Contrary to the lies being peddled, the bills do not suggest that NASENI, TETFUND, and NITDA will cease to exist in 2029 after the passage of the bills.

“Government agencies, such as NASENI, TETFUND, and NITDA, are funded through budgetary provisions with company income tax and other taxes paid by the same businesses that are being overburdened with the special taxes.
One reason President Bola Tinubu embarked on the Tax and Fiscal Policy Reforms is the need to streamline tax administration in Nigeria and make the operating environment conducive for businesses.
For decades, businesses, investors, and private sector players in Nigeria have complained of being overburdened by a myriad of taxes and levies, including those earmarked to fund various government agencies and initiatives.

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“The multiple taxes complicate the economic environment, making Nigeria uncompetitive for investment and preventing many businesses from growing or continuing their operations. Some companies have had to make the rational decision to relocate to other countries. We can not continue on this path or wait for 20 years if this country is to deliver the prosperity we need for our people.

“The proposal, as contained in section 59(3) of the Nigeria Tax Bill, only seeks to consolidate some of the earmarked taxes imposed on companies and replace them with a single tax to be shared with the key agencies as beneficiaries in a phased manner until 2030.

“The time frame offers ample opportunity for the affected agencies to explore other funding sources in addition to budgetary allocations in line with the constitution and international best practices.

“It is a misrepresentation of facts to conclude that changing an agency’s funding source amounts to scrapping it. None of the countries leading globally in education, science, engineering, or information technology have similar earmarked taxes.

“The government imposes major taxes, be it income tax, consumption tax, or other taxes, to channel resources to its areas of priority at the time. Imposing a separate tax to fund an agency is an aberration that has yet to yield results despite the huge burden on businesses. The tax bill seeks to address this problem.

“Relevant stakeholders and public analysts owe it a duty to properly educate themselves about the bills’ contents and avoid misleading the public for any reason. We may be entitled to our opinions, but such views must be informed and based on facts, not emotions targeted at inflaming passions.

“In a period like this, when our people across the country look up to leaders for guidance and direction on matters of public importance, such as the Tax Reform Bills, leaders should be more measured in their public utterances to avoid heating the polity and polarising the country unduly.

“President Tinubu welcomes the public interest these bills have generated. He encourages leaders across the country, including Governors, Traditional rulers, Civil Society Activists, Students, trade associations, professional associations, and the general public, to take advantage of the Public Hearings that the National Assembly will organise to present their views on how best to reform our taxes and fiscal regime.

“What is never in doubt is the imperative of changing the existing tax laws and administration that have become obsolete and unhelpful in achieving the growth and development we desire for our country.

 

Tax reform bills not to impoverish the north – Presidency

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VIDEO: Tinubu Approves 27 Road Projects Worth N3.9 Trillion Across 15 States

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15 hours ago

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June 30, 2026

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VIDEO: Tinubu Approves 27 Road Projects Worth N3.9 Trillion Across 15 States
President Bola Ahmed Tinubu

VIDEO: Tinubu Approves 27 Road Projects Worth N3.9 Trillion Across 15 States

  • Minister Umahi Announces Completion of 118km Abuja-Kaduna-Kano Highway Section

President Bola Ahmed Tinubu has approved 27 road projects valued at over N3.9 trillion across 15 states, marking one of the most significant infrastructure interventions in the country’s recent history.

The Minister of Works, Senator David Umahi, disclosed this on Monday while briefing journalists on the Federal Government’s infrastructure development programme. The projects span Adamawa, Benue, Cross River, Ebonyi, Ekiti, Kogi, Kwara, Lagos, Niger, Ondo, Osun, Oyo, Plateau, Taraba, and Yobe states.

Speaking on the development, Umahi stated that the approvals reflect the administration’s commitment to bridging Nigeria’s infrastructure gap and stimulating economic growth through strategic road construction and rehabilitation.

“The President has demonstrated unwavering commitment to transforming Nigeria’s road infrastructure. These approvals are not just about roads; they are about connecting communities, enabling commerce, and saving lives,” Umahi said.

According to the Minister, the largest single project under the approval is the re-award of the 409-kilometre dual carriageway project in Niger State, valued at N1.8 trillion, to Aliko Dangote under the tax credit scheme. The project is expected to significantly improve connectivity in the North-Central region and facilitate the movement of goods and services.

Other major projects approved include N276 billion for the dualisation of the Ilorin-Ogbomoso Road, N265 billion for the reconstruction of the Iseyin-Eruwa-Agbesi Road connecting Oyo and Kwara states, and N217 billion for the dualisation of the old alignment Ijaye to FGC to Ilorin Road with a spur to Akinmorin.

In the South-East, the Federal Government approved N116 billion for the 21-kilometre Abakaliki-Afikpo Road in Ebonyi State and N86 billion for the reconstruction of the Enugu-Abakaliki Road with a flyover. The government also approved N86 billion for the Adikpo-Ajayi-Tese-Akpa-Otukpo Road connecting Benue and Cross River states.

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The South-West region received significant attention with the approval of N110 billion for the Ogbomoso-Oko-Illupu Road linking Oyo and Osun states. Additionally, N98 billion was approved for the construction of the 30-kilometre Idi-Araba-Ayede-Olodo Road in Oyo State, N82 billion for the rehabilitation of Igbeti Road, N74 billion for the Igbeti-Soro-Kishi Road, and N15.5 billion for the 13-kilometre Badeku-Jaiye Road in Oyo State.

Ekiti and Ondo states will benefit from the N34 billion, 18-kilometre Ikere-Ekiti-Ijare Road project, while the rehabilitation of the Kabba-Ifaki-Ado Ekiti Road connecting Kogi and Ekiti states received N24.7 billion.

In Lagos State, N15.7 billion was approved for the construction of Pacific Road linking Igbe Laara to Ikorodu, a project expected to ease traffic congestion in the densely populated Ikorodu axis.

The North-East region also received substantial allocations, with N83 billion approved for the Jimeta-Mayo Belwa Road project in Adamawa State, N71 billion for the construction of the 52-kilometre Dabban-Makina Road in Niger State, and N62.99 billion for the Tungo-Karamti Road with five bridges between Adamawa and Taraba states.

The rehabilitation of the Yola-Hong-Mubi Road phase 2 received N58 billion, while phase 2 of the Yola-Fufore-Gurin Road project in Adamawa State, covering 20 kilometres, received N15.246 billion.

Plateau State will benefit from N92 billion for the rehabilitation of the Baban-Lamba-Sharan phase 2 Road, while Yobe State received N15 billion as augmentation for a 32.2-kilometre road project in Gashua originally awarded in 2022.

In Kwara State, the government approved N21 billion for a flyover bridge at Oko-Olowo Junction, while the rehabilitation of sections 1 and 2 of the Ilorin-Omorin-Ebe-Kabba-Obajana Road in Kwara and Kogi states received N104 billion.

Umahi also disclosed that the first 118-kilometre section of the Abuja-Kaduna-Kano Highway, valued at N137 billion, has been completed. He expressed optimism that work on the remaining 164-kilometre section would be completed by November.

The Minister also announced the approval of the full business case for the operation and maintenance concession for the Lagos-Ibadan Expressway. He directed the immediate commencement of reconstruction of the failed sections of the Ibadan axis using concrete technology to ensure durability.

“We are not just building roads; we are building a foundation for sustainable economic development. The use of concrete technology on the Lagos-Ibadan Expressway will ensure that the road serves Nigerians for decades to come,” Umahi added.

He noted that the projects would generate thousands of direct and indirect jobs across the affected states and boost economic activities in the regions.

The Minister urged contractors handling the projects to adhere strictly to specifications and timelines to ensure timely delivery of the projects.

VIDEO: Tinubu Approves 27 Road Projects Worth N3.9 Trillion Across 15 States

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Breaking: Third Batch of Nigerians Fleeing South Africa’s Xenophobic Violence Arrives in Lagos

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June 30, 2026

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Breaking: Third Batch of Nigerians Fleeing South Africa’s Xenophobic Violence Arrives in Lagos

The third batch of Nigerians evacuated from South Africa touched down in Lagos on Tuesday, as the Federal Government continued efforts to bring home citizens caught in the wave of anti-immigration protests and xenophobic attacks that have unsettled parts of the Southern African nation.

The evacuees arrived aboard an Air Peace aircraft, which landed at the cargo terminal of the Murtala Muhammed International Airport, Ikeja, at about 10:54 a.m.

The latest evacuation comes amid growing concerns over the safety of foreign nationals in South Africa following weeks of demonstrations targeting undocumented migrants and businesses owned by immigrants. The unrest has disrupted livelihoods and heightened fears among many Nigerians living in the country.

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The Federal Government, through its diplomatic missions and relevant agencies, has been coordinating the voluntary evacuation of Nigerians who indicated their willingness to return home. Air Peace has been providing the evacuation flights as part of the humanitarian effort.

The ongoing repatriation follows renewed xenophobic tensions in South Africa, where foreign nationals—particularly Africans from countries including Nigeria, Zimbabwe, Ethiopia and Somalia—have repeatedly come under attack during anti-immigration campaigns.

Over the years, similar outbreaks of violence have led to deaths, destruction of businesses and strained diplomatic relations between Nigeria and South Africa, prompting repeated calls for stronger protection of migrants and lasting solutions to xenophobia.

 

Breaking: Third Batch of Nigerians Fleeing South Africa’s Xenophobic Violence Arrives in Lagos

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FG Overhauls NYSC After 53 Years, Approves Civilian Leadership, Skills-Based Service Scheme

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23 hours ago

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June 30, 2026

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FG Overhauls NYSC After 53 Years, Approves Civilian Leadership, Skills-Based Service Scheme

FG Overhauls NYSC After 53 Years, Approves Civilian Leadership, Skills-Based Service Scheme

The Federal Government has approved the most far-reaching overhaul of the National Youth Service Corps (NYSC) since its establishment 53 years ago, paving the way for a civilian-led, skills-driven service scheme designed to equip graduates for employment, entrepreneurship and national development.

The landmark reform, approved by the Federal Executive Council (FEC), will see the NYSC transition from military operational leadership to civilian management, while the military will retain responsibility for the security of corps members. The reforms also introduce specialised career streams, expanded vocational training and a new orientation camp structure aimed at producing a workforce capable of supporting Nigeria’s ambition of building a $1 trillion economy.

To fast-track implementation, FEC directed the Attorney-General of the Federation and the Ministry of Youth Development to amend the NYSC Act and other relevant regulations to reflect the approved changes.

Speaking on the reform, the Special Adviser to the President on Policy Coordination, Hadiza Bala Usman, said the review was necessary to reposition the scheme as a modern institution focused on youth empowerment, skills development and productivity.

She explained that the reforms would strengthen Nigeria’s human capital by aligning the NYSC with the country’s economic priorities.

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According to her, the review covers virtually every aspect of the scheme, including registration, deployment, security considerations, orientation camp activities and post-service opportunities.

Under the new model, corps members will undergo a redesigned six-week orientation programme. The first two weeks will focus on civic responsibility, national values and leadership development. The next two weeks will cover career mapping, financial literacy, business planning and access to finance, alongside a structured career engagement programme with employers and public institutions.

The final two weeks will be dedicated to specialised training based on each corps member’s academic background, career interests and chosen service stream.

Bala Usman disclosed that the government has created 11 specialised NYSC streams from which participants will choose during registration.

The streams include Agric Corps, Medical Corps, Education Corps, Tech and Digital Corps, Legal Corps, Public Service Corps, Infrastructure Corps, Green Corps, Enterprise Corps, Creative Economy Corps, and Paramilitary and Security Corps.

She said each stream would offer targeted training designed to prepare graduates for careers in critical sectors of the economy.

According to her, the reform represents the first comprehensive review of the NYSC since its creation in 1973 and reflects President Bola Tinubu’s commitment to transforming the scheme into a platform for building skilled manpower capable of driving economic growth.

The NYSC was established by Decree No. 24 of May 22, 1973, in the aftermath of the Nigerian Civil War to foster national unity, integration and reconciliation among Nigerian youths.

The scheme is currently headed by Brigadier General Olakunle Nafiu but will, under the approved reforms, transition to civilian operational leadership once the necessary legal amendments are completed.

 

FG Overhauls NYSC After 53 Years, Approves Civilian Leadership, Skills-Based Service Scheme

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