News
The Presidency explains how proposed tax changes are expected to improve housing affordability for Nigerians.
The Presidency has announced that the forthcoming Tax Reforms Bill is projected to significantly enhance housing affordability and accessibility for Nigerians. This initiative seeks to alleviate the tax burden currently affecting the construction and real estate industries.
Speaking at the Building and Construction Industry Forum in Abuja, Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms, emphasized the Bill’s intent to benefit low-income earners, addressing prevalent misconceptions. Key provisions include the elimination of Value Added Tax (VAT) on real estate transactions, thereby reducing the cost of building materials and housing. Furthermore, exemptions on stamp duties for rents below N10 million per month and capital gains tax on the sale of dwelling houses are included.
These measures, according to Mr. Oyedele, are designed to directly address the cost barriers that hinder homeownership and contribute to a more robust and accessible housing market within Nigeria. The passage of the Tax Reforms Bill is therefore anticipated to play a crucial role in achieving a more equitable and affordable housing landscape for all Nigerians.
On June 7th, African Women in Europe (AWE) celebrated a successful Summit and Awards event at the Golden Palace in Copenhagen, Denmark. Queen PhinaDon, AWE Denmark Coordinator, Public Speaker, and CEO/Publisher of PhinaDon Magazine, Founder PhinaDon Touching Lives Foundation, Media Executive and Mentor served as the event moderator.
The event was honored by the presence of a representative from the office of Ambassador T. A. Elias-Fatile, PhD CDAai/Head of Mission, Embassy of Nigeria, Stockholm, Sweden.
The summit commenced with a conference centred on the theme: “The Strategic Role of the African Diaspora in AfCFTA Integration.” Discussions focused on how the African Continental Free Trade Area (AfCFTA) represents a pivotal step towards unifying the African market and the crucial role of the African Diaspora in realizing AfCFTA’s vision. The event then transitioned into a Gala Awards ceremony.
Here are pictures of QUEEN PHINADON with Some Important Personnel at the Event ;
Entertainment
Mike Ejeagha’s Eldest Son Explains the Reason for Burial of his Father within 24 hours of his Death.
Highlife music has lost a significant figure. Chief Mike Ejeagha, the celebrated Nigerian musician known for his hit “Gwo Gwo Gwo,” was laid to rest on Saturday in his hometown of Umuagba, Imezi-Owa, Enugu State. This occurred less than 24 hours after his passing at the age of 95 due to a prolonged illness.
Ejeagha’s rapid burial was in accordance with his express wishes, as revealed by his eldest son, Emmanuel Ejeagha. In a statement to the News Agency of Nigeria, Emmanuel explained that his father had requested a swift interment without embalmment. This wish was honored by his family, kindred, and with the consent of Enugu State Governor Peter Mbah. While the burial has been concluded, funeral ceremonies will be held at a later date.
Governor Mbah mourned Ejeagha as a uniquely gifted artist whose musical storytelling and cultural impact transcended generations. His passing marks a profound loss for his family, Enugu State, the music industry, and the nation.
The Nigerian highlife music scene mourns the loss of Chief Mike Ejeagha, who passed away on Friday evening at the age of 95. Confirmed by his eldest son, Emma, the legendary musician died at the 32 Garrison Hospital in Enugu after a prolonged illness.
Born on April 4, 1930, in Enugu State, Ejeagha, popularly known as “Gentleman Mike Ejeagha,” achieved prominence between the 1960s and 1980s. His distinctive style of Igbo folk music produced enduring hits such as Omekagu, Uwa Mgbede Ka Mma, and Ka Esi Le Onye Isi Oche (Gwogwogwongwo).
Ejeagha’s contribution to Igbo culture is immense, with over 300 recordings archived in the National Archives of Nigeria. A recent viral dance challenge in 2024, featuring his 1983 track “Ka Esi Le Onye Isi Oche,” introduced his work to a new generation.
His passing marks the end of an era, but Mike Ejeagha’s legacy remains firmly etched in Nigerian highlife music.
African Women in Europe had a Successful Summit and Awards Event in Copenhagen.
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Mike Ejeagha’s Eldest Son Explains the Reason for Burial of his Father within 24 hours of his Death.
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