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Nigeria’s tax reform bills rename FIRS to Nigeria Revenue Service.

Ikechukwu Emmanuel

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In a landmark move towards fiscal reform, President Bola Ahmed Tinubu has assented to four key tax reform bills, heralding the transition of the Federal Inland Revenue Service (FIRS) into the Nigeria Revenue Service. The enacted legislation includes the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

President Tinubu has stated that these reforms are designed to provide substantial tax relief for low-income earners, small businesses, and families, marking a pro-people approach to economic policy. The President anticipates that these changes will usher in a new era of economic prosperity for the nation.

The implementation of these tax reform bills is scheduled to commence on January 1, 2026.

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President Tinubu Begins Two-Nation Tour with State Visit to Saint Lucia.

Ikechukwu Emmanuel

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President Bola Tinubu arrived in Vieux Fort, Saint Lucia, on Saturday, marking the commencement of a two-nation tour encompassing the Caribbean and South America. Upon arrival at Hewanorra International Airport, he was received with full military honors by Governor-General Errol Melchiades Charles and Prime Minister Philip J. Pierre.

The President’s itinerary includes courtesy visits to the Governor-General and Prime Minister, followed by an address to a joint session of the Senate and the House of Assembly of Saint Lucia. Discussions will focus on deepening cooperation between Nigeria and the Organisation of Eastern Caribbean States (OECS), with emphasis on economic partnerships and cultural solidarity. A visit to the Sir Arthur Lewis Community College is also planned to strengthen educational ties.

Following his engagements in Saint Lucia, President Tinubu will proceed to Brazil to participate in the 2025 BRICS Summit in Rio de Janeiro, attending at the invitation of President Luiz Inácio Lula da Silva of Brazil. Nigeria’s participation as a ‘partner country’ underscores its commitment to strengthening diplomatic and economic relations on a global scale.

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TELEVISION CONTENT OWNERS ASSOCIATION (TCOA)

Ikechukwu Emmanuel

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INTRODUCTION:
The Television Content Owners Association (TCOA ) is a pioneering organization founded by industry veterans from cable, satellite, and digital media. We’re dedicated to transforming the industry, promoting excellence, and mentoring the next generation of content creators to drive growth and innovation.
In 2022, a group of visionary industry experts, led by Mr. Wale Adenuga MFR, Mrs. Deborah Odutayo, Mr. Olatunbosun Olaegbe, and Mrs. Moyinoluwa Olutayo, brought their collective knowledge and experience together to establish TCOA, championing the powerful mantra “Content is Life”.
Since its inception, the association has flourished, attracting a growing and diverse membership from various zones within Nigeria and beyond.

TCOA’s ESTEEMED TRUSTEES:
Chairman:
Chief Mr. Wale Adenuga MFR
Members:
Mrs. Deborah Odutayo
Mr. Olatunbosun Olaegbe (President)
Mrs. Moyinoluwa Olutayo.

PROGRAMS:
To fulfill its objectives, the Television Content Owners Association (TCOA) organizes an annual training program for its members and select invitees, aimed at enhancing production quality, technical expertise, and mentorship for the next generation of industry professionals.

ELEVATING INDUSTRY STANDARDS:
To establish itself as a leading authority on best practices and quality production, the Television Content Owners Association (TCOA) launched its inaugural training program in April 2024, titled “Upscaling Content Production to Global Standard”. The event featured esteemed speakers, including Dr. Busola (Head of Content, West Africa at DSTV), Mrs. Ijeoma Onah (Convener, International Films and Television Summit), and Mr. Yinka Adebayo (Managing Director, Media and Investment at MediaReach OMD).

BUILDING ON SUCCESS:
Building on the momentum of the previous year’s program, TCOA’s internal training initiative for this year is scheduled as a media chat with industry leaders, titled “Trade Secrets Revealed: Industry Leaders Share Their Experiences”. This event promises to offer valuable insights and expertise from seasoned professionals in the industry.

2025 INTERNAL TRAINING GUEST SPEAKERS:
1. CHIEF MR WALE ADENUGA MFR.- Chief Mr Wale Adenuga MFR is a renowned Nigerian media personality. He’s a former cartoonist, publisher, and currently a successful series producer. He founded Binta International School in Lagos, dedicated to improving education in Nigeria. Additionally, he established the Pencil Film and Television Institute (PEFTI), offering courses in producing, directing, and cinematography.
2. MRS IJEOMA ONAH-
Media Executive, Acting CEO of SuperTV, Director of Content Strategy and Partnerships, experience in organizing professional B2B events in the film and TV industry in Africa, Europe, and the US, founder Nigerian International Film Summit and Nigerian International TV Summit.
3. MR SESAN RUFAI-Otunba Sesan Rufai is a prominent Nigerian businessman and media personality. He’s a Managing Director/CEO of Goldmyne Entertainment, a leading entertainment company, and Chairman of Limelite Hotel & Suites in Ago Iwoye, Ogun State.
4. MR OLATUNBOSUN OLAEGBE: Mr. Olatunbosun Olaegbe is a renowned Nigerian media personality and entrepreneur. He’s the founder and managing Director of Genesis Studio Ventures Limited-A production company specializing in high-quality television content for local and foreign TV stations, cable networks, and media organizations. Producer and director of popular TV drama series like “So Wright, So Wrong” and “Tales of Eve” etc.

EVENT BENEFITS:
Attendees can expect to gain:
1. INSIDER INSIGHTS: Direct knowledge from industry leaders
2. INDUSTRY TRENDS: Latest business information and updates
3. PRODUCTION SECRETS: Tips and techniques for quality content creation
4. MEDIA EXPERTISE: Knowledge on cable, satellite, and streaming platforms
5. NETWORKING OPPORTUNITIES: Easy access to membership benefits and collaboration

EVENT DETAILS:
DATE: Thursday 3rd July, 2025.
TIME:10:00 am prompt.
VENUE: 5/9, Joy Avenue, off Osolo Way, Ajao Estate, Isolo, Lagos (Pefti).
ATTENDANCE: Strictly by invitation.
ADMISSION: Free for all participants.

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President Tinubu Welcomes Queen Mary of Denmark to Aso Villa.

Ikechukwu Emmanuel

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President Bola Ahmed Tinubu received Her Majesty Queen Mary Elizabeth of Denmark at the Aso Villa in Abuja on Tuesday. First Lady Senator Oluremi Tinubu was also present.

President Tinubu characterized the visit as a “distinct privilege,” highlighting the strengthening diplomatic relations between Nigeria and Denmark. He described the discussions as “warm, constructive, and forward-looking,” emphasizing mutual respect and shared values.

“Her Majesty’s presence here stands as a mark of goodwill, shared values, and a renewed commitment to deeper cooperation across key areas,” the President stated.

He reiterated his administration’s dedication to international partnerships aimed at fostering prosperity, improving the lives of citizens, and ensuring a sustainable future.

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