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An aide to Governor Sule stated that Northern Nigeria has rejected tax legislation due to perceived regional imbalances.

Ikechukwu Emmanuel

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The North of Nigeria is mobilizing against the recent tax reform bills proposed by the federal government, citing concerns that these measures may disproportionately benefit southern states. Peter Ahemba, the Senior Special Assistant on Public Affairs to Governor Abdullahi Sule of Nasarawa State, articulated these reservations during a media interaction in Lafia. He emphasized the necessity for a united stance among political players from northern Nigeria in opposing the bills.

Ahemba pointed out that the northern region perceives the tax reforms as favoring southern states, particularly indicating Lagos as a principal beneficiary. This sentiment of disparity has led to a chorus of opposition from northern senators and House of Representatives members who are advocating for a reassessment of the proposed measures. The Northern Governors Forum is similarly calling on the President to pause the legislative process to allow for broader consultations and to address the inherent concerns regarding equity.

Furthermore, the perspective of regional governance was echoed by Maiwada Danmallam, the Director General of Media to Katsina State Governor Dikko Radda. He suggested that it is premature for governors to take definitive stances on the bills prior to their public debate. The controversy surrounding the initial iteration of the bills, attributed to contentious clauses, necessitates a careful analysis of any revised proposals.

In Adamawa State, Prof. John Ngamsa, Special Adviser on Media and Communication Strategy to Governor Ahmadu Fintiri, indicated that his governor has yet to finalize his position on the reforms. Acknowledging the importance of revenue generation for developmental purposes, Ngamsa reaffirmed that the governor remains vigilant concerning potential adverse impacts on the populace, advocating for amendments as necessary.

As discussions evolve, the outcome of the proposed tax reforms will significantly influence the political and economic landscape across Nigeria, particularly in terms of regional equity and fiscal responsibility. The current united front from northern political figures highlights the critical engagement required to address the concerns of all stakeholders involved in governance and development.

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Benue Governor Alia Denies Defection Rumors, Affirms APC Leadership.

Ikechukwu Emmanuel

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Makurdi, Benue State – Governor Rev Fr Hyacinth Alia has vehemently refuted recent rumors alleging his planned defection to the Social Democratic Party (SDP). In a statement released by his Chief Press Secretary, Tersoo Kula, Governor Alia dismissed the claims as “dubious” and a smear campaign orchestrated by unnamed “discontented politicians in Abuja.”

The Governor reaffirmed his unwavering commitment to the All Progressives Congress (APC), emphasizing his role as the party leader in Benue State. He accused his detractors of attempting to sow discord between him and President Bola Ahmed Tinubu, asserting the strength of their existing relationship.

Governor Alia declared that the allegations, which included insinuations of joining forces with former Kaduna State Governor Nasir El-Rufai, are “absolutely gratuitous and lack any trustworthy evidence.” He urged the Benue public to disregard unsubstantiated information and reiterated his dedication to serving the state with transparency and unwavering resolve. He highlighted his efforts to reconnect Benue with the federal government, resulting in numerous benefits for the state and its people, and reaffirmed his commitment to President Tinubu’s “Renewed Hope” agenda.

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APC Aims for Anambra: Governor Otu Expresses Optimism.

Ikechukwu Emmanuel

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Governor Bassey Otu of Cross River State, Chairman of the All Progressives Congress (APC) Anambra State Governorship Primary Election Committee, has voiced confidence in the party’s potential to secure victory in the upcoming gubernatorial election. Addressing APC delegates in Awka, Governor Otu emphasized the possibility of wresting control of Anambra State from the incumbent All Progressives Grand Alliance (APGA), currently led by Governor Charles Soludo.

Governor Otu highlighted the strategic importance of aligning Anambra with the ruling party at the center, suggesting that such alignment would benefit the state’s populace. He further stressed the need for unity amongst party members, urging them to support the eventual primary election winner and work cohesively towards achieving success in the general election. The governor underscored the APC’s growing presence in the Southeast, emphasizing the potential impact of adding Anambra to its regional portfolio. His remarks signal a renewed and determined effort by the APC to expand its influence in the region.

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Nigeria’s Public Debt Burden Significantly Increases.

Ikechukwu Emmanuel

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Nigeria’s public debt has experienced a substantial surge, reaching N144.67 trillion by December 2024, a 48.58% increase from the N97.34 trillion recorded at the close of 2023. This data, released by the Debt Management Office, indicates a year-on-year increase of N47.32 trillion and a quarter-on-quarter rise of 1.65%.

This escalation is primarily attributable to increased external and domestic borrowing. External debt rose by 83.89% to N70.29 trillion, while domestic debt increased by 25.77% to N74.38 trillion. The Federal Government accounts for the majority of both external (N62.92 trillion) and domestic (N70.41 trillion) debt.

This significant increase in Nigeria’s debt profile has prompted concern among financial experts, particularly regarding the country’s capacity to manage this growing burden amidst existing infrastructural deficits. The implications of this rising debt for Nigeria’s economic stability and future development remain a critical area of analysis.

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