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Tax reform bills not to impoverish the north – Presidency

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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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2027 General Elections: INEC Announces February 20 for Presidential Poll

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Independent National Electoral Commission (INEC), Chairman Prof. Joash Amupitan
Independent National Electoral Commission (INEC), Chairman Prof. Joash Amupitan

2027 General Elections: INEC Announces February 20 for Presidential Poll

The Independent National Electoral Commission (INEC) has officially fixed February 20, 2027 for Nigeria’s presidential and National Assembly elections, while governorship and State Houses of Assembly elections will be held on March 6, 2027.

INEC Chairman, Joash Ojo Amupitan, announced the dates on Friday during a media parley at the Commission’s national headquarters in Abuja, describing the move as the formal commencement of the 2027 general elections process.

According to the INEC chairman, the release of the Notice of Election and the comprehensive timetable complies with provisions of the 1999 Constitution of Nigeria and the Electoral Act 2022, which require the Commission to publish election notices ahead of the polls.

“It is with a deep sense of constitutional responsibility and commitment to democratic consolidation that the Commission today formally releases the Notice of Election and the Timetable and Schedule of Activities for the 2027 General Elections,” he stated, adding that any earlier unofficial announcements of election dates were misleading and did not originate from INEC.

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Amupitan disclosed that the tenure of the President, Vice President, governors, and deputy governors — except in off-cycle states — will expire on May 28, 2027, while the National and State Assemblies will be dissolved on June 8, 2027. He noted that the timeline provides sufficient room for political parties to conduct primaries, submit nomination forms, and organise campaigns in line with electoral regulations. Campaigns, he added, must end 24 hours before election day, as stipulated by law.

The INEC boss warned political parties to strictly comply with the approved schedule, stressing that the Commission would enforce the law where necessary. “Political parties are strongly advised to strictly adhere to the timelines. The Commission will not hesitate to enforce compliance with the law,” he said.

He also reaffirmed INEC’s commitment to deploying technology to enhance transparency in the 2027 general elections, updating the national voters’ register, strengthening collaboration with security agencies, and expanding voter education nationwide.

Calling for peaceful conduct, Amupitan urged political parties to organise credible primaries, shun violence and inflammatory rhetoric, and uphold internal democracy. He also appealed to candidates, supporters, civil society groups, the media, and citizens to play constructive roles throughout the electoral cycle.

“As we commence this national exercise, I assure Nigerians that the Commission is fully prepared and determined to deliver elections that reflect the sovereign will of the people,” he added.

With the formal release of the INEC 2027 election timetable, stakeholders are now expected to begin full-scale preparations for Nigeria’s next general elections.

2027 General Elections: INEC Announces February 20 for Presidential Poll

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INEC Seeks N1.04 Trillion for 2027 Elections, Operational Needs – Amupitan

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Independent National Electoral Commission (INEC), Chairman Prof. Joash Amupitan
INEC Chairman Prof. Joash Amupitan

INEC Seeks N1.04 Trillion for 2027 Elections, Operational Needs – Amupitan

The Independent National Electoral Commission (INEC) has requested a total of ₦1.04 trillion from the Federal Government of Nigeria to fund off-cycle elections this year, the 2027 general election, and its operational activities in 2026, subject to approval by the National Assembly of Nigeria.

The request was made by INEC Chairman Prof. Joash Amupitan while defending the commission’s spending proposal before the Joint Committee on Electoral Matters of the National Assembly. Amupitan urged lawmakers to grant timely approval and release of funds, warning that delays could hamper preparations for upcoming elections.

According to the INEC chairman, the commission is seeking ₦873.778 billion for the 2027 general election and ₦171 billion for its 2026 operational activities. The 2026 allocation covers Federal Capital Territory (FCT) area council elections, by-elections scheduled for next week, and the Ekiti and Osun governorship elections slated for June and September.

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Breakdown of the 2027 Election Budget

The N873.778 billion earmarked for the 2027 general election includes:

  • ₦379.748 billion for operational costs
  • ₦92.317 billion for administrative expenses
  • ₦209.206 billion for technology
  • ₦154.905 billion for election capital costs
  • ₦42.608 billion for miscellaneous expenses

For the N171 billion proposed for 2026 operations, Amupitan said:

  • ₦109 billion would cover personnel costs
  • ₦18.7 billion for overheads
  • ₦42.63 billion for election conduct
  • ₦1.4 billion for capital expenditure

He noted that the budget was prepared in line with Section 3(3) of the Electoral Act 2022, which mandates submission of election budgets at least one year before a general election.

Calls for Timely Fund Release and Dedicated Network

Amupitan criticized the envelope system of budgeting, describing it as unsuitable for INEC’s operational needs that often require urgent interventions. He appealed for a bulk release of funds, highlighting the need for a dedicated communication network to enhance accountability and transparency during elections.

“If we have our own network, Nigerians can hold us responsible for any hitch,” he said.

Lawmakers Back INEC’s Proposal

Senator Adams Oshiomhole argued that no government agency should impose the envelope budgeting system on INEC, emphasizing that full release of funds is critical for smooth election preparations. Similarly, House member Billy Osawaru called for the budget to be placed on first-line charge, allowing the commission access to all funds immediately.

Following deliberations, the joint committee approved a one-time release of INEC’s annual budget and pledged to consider increasing allowances for National Youth Service Corps (NYSC) members deployed for election duties. The proposed increase would cost ₦32 billion, equating to ₦125,000 per corps member.

Senator Simon Lalong, chairman of the Senate Committee on Electoral Matters, assured INEC of lawmakers’ support, pledging close collaboration to ensure a successful 2027 election. House Committee chairman Bayo Balogun also promised legislative backing but cautioned INEC against overpromising, citing prior misrepresentations about real-time uploads to the INEC Result Viewing (IReV) portal, which was never provided for in the Electoral Act but only in INEC regulations.

The approval of the commission’s budget and operational requests is expected to enhance election preparedness, technological deployment, and transparency ahead of the 2027 general elections, while addressing logistical and operational challenges that have hampered past polls.

INEC Seeks N1.04 Trillion for 2027 Elections, Operational Needs – Amupitan

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Aso Rock Goes Solar as Tinubu Orders National Grid Disconnection

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President Bola Tinubu and Minister of Power Adelabu and Aso rock

Aso Rock Goes Solar as Tinubu Orders National Grid Disconnection

President Bola Tinubu will fully disconnect the Aso Rock Presidential Villa from the national grid by March 2026 following allegations of electricity overbilling for power not supplied, the State House has confirmed.

The State House Permanent Secretary, Temitope Fashedemi, made the disclosure while defending the 2026 State House budget before the Senate Committee on Special Duties. He revealed that the solar mini-grid project at the Presidential Villa was completed in December 2025 and is currently undergoing technical testing ahead of a full transition to solar power.

Fashedemi explained that during the testing phase of the new solar installation, officials discovered what he described as significant overbilling by the electricity distribution company. According to him, the State House observed instances where it was billed for electricity that was not supplied and has begun reconciliation discussions to address what he termed “legacy liability.”

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The Villa is serviced by the Abuja Electricity Distribution Company (AEDC), which in February 2024 publicly listed several government agencies as debtors. At the time, AEDC said the Presidential Villa owed N923.87 million in unpaid electricity bills. Other major debtors included the Federal Capital Territory Administration (FCTA) and some federal ministries.

The Tinubu administration had earlier allocated N10 billion in the 2025 budget for the solarisation of the Presidential Villa through a solar mini-grid system. An additional N7 billion has been earmarked for the same project in the 2026 Appropriation Bill, bringing total allocations to N17 billion over two years.

Fashedemi noted that a similar transition to solar power at the State House Medical Centre in May 2025 has already demonstrated cost savings and reliability. He said the facility has operated almost entirely on solar energy and battery storage since then, with minimal reliance on grid electricity and no generator use.

He expressed optimism that by March 2026, the Presidential Villa would complete its transition and fully exit the national grid, relying primarily on renewable energy for its electricity needs.

The development aligns with broader efforts to promote renewable energy adoption in Nigeria, reduce public sector energy costs, and address concerns over electricity billing transparency. If fully implemented, Aso Villa will operate largely on solar power supported by battery storage systems, significantly reducing dependence on grid supply and diesel generators.

Aso Rock Goes Solar as Tinubu Orders National Grid Disconnection

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