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Withdrawal of Tax Reform Bills: A Strategic Move by the Tinubu Administration.
The Bola Ahmed Tinubu administration is taking a significant step by preparing to withdraw the recently presented Tax Reform Bills from the National Assembly. This decision, occurring just two months after their introduction, arises from substantial opposition from northern governors and traditional rulers, especially regarding the proposed changes to the Value Added Tax (VAT) distribution model.
Reports indicate that the presidency has consented to this withdrawal, with plans to revise the legislation and reintroduce it to the National Assembly at a later date. This initiative aligns with the recommendations of the National Economic Council (NEC), chaired by Vice President Kashim Shettima, which formally endorsed the withdrawal on October 31. The NEC’s sentiments reflect concerns shared by governors from Nigeria’s 19 northern states during a recent gathering in Kaduna, where they voiced the potential adverse effects of the proposed tax amendments on their region’s economy.
Central to the opposition from northern leaders is the proposed adjustment to the VAT distribution framework. Governor Inuwa Yahaya of Gombe State, who heads the Northern Governors’ Forum, has articulated that the current VAT model disproportionately favors states where corporations are established, rather than reflecting the consumption patterns of goods and services. This perceived inequity raises alarms over the economic impact on the northern states, prompting calls for reforms that prioritize fairness and inclusivity.
During a media session, Oyo State Governor Seyi Makinde, along with fellow governors, emphasized the need for comprehensive consultations to foster a clearer understanding among stakeholders regarding the tax reforms. Governor Babagana Zulum highlighted the necessity of a united approach to tax issues, asserting that all citizens should be informed of the administration’s objectives.
In response to the backlash, Bayo Onanuga, the Special Adviser to the President on Information and Strategy, sought to clarify misconceptions surrounding the proposed reforms. He contended that the intended VAT model aims to create a more equitable distribution system, prioritizing consumption locations over corporate headquarters. This adjustment, he argued, would benefit all regions, particularly the North, which contributes significantly to the national supply chain.
As the Tinubu administration navigates these complexities, the emphasis on inclusivity and regional equity will be crucial in restoring confidence among all stakeholders involved in the nation’s tax policy. The forthcoming revisions will need to address these vital concerns to ensure a balanced and effective tax reform framework that serves all Nigerians equitably.
The Federal Government has declared a state of emergency on the construction of the Suleja-Minna road. Minister of Works, David Umahi, announced the declaration on Saturday following an inspection of the road. He stated that the project, initially awarded to Salini Nigeria Limited, had been poorly executed or abandoned.
Umahi explained that despite repeated attempts to have Salini repair the road over the past year and a half, progress had been unsatisfactory. Niger Governor Mohammed Bago raised concerns with President Bola Tinubu, prompting the Ministry of Works to intervene. The road, described as being “in a very terrible situation delaying travel time by seven hours instead of an hour and half hours and vehicles are falling and killing people,” has been designated an emergency project.
The contract with Salini has been irrevocably terminated due to substandard work. Umahi has directed his ministry to recover funds owed by Salini, potentially involving the Economic and Financial Crimes Commission (EFCC). Two contractors are now engaged in the project. CCCC International Engineering Nigeria Ltd. has been contracted to handle part of the road, with 60km already completed under the Governor’s urban renewal agenda. CCCC has been given 10 days to mobilize and commence work on a critical 7km stretch. Umahi emphasized that work will begin immediately under emergency procurement guidelines, with pricing to be verified subsequently.
The Nigerian film industry is in mourning following the death of Kayode Peters, a renowned filmmaker and producer. The news was announced by his family on his official Instagram page, stating that he passed away peacefully on the morning of Saturday, June 28, 2025, in Toronto, Canada, after a long illness.
Peters, fondly known as KP, was celebrated for his contributions as a filmmaker, actor, and producer. He was known for his role as Koko in the popular sitcoms “Twilight Zone” and “Flatmates” in the early 2000s. His work also extended to stage plays and sitcoms like “Extended Family” and “Being Farouk,” significantly impacting Nigeria’s contemporary theatre and television landscape.
He is survived by his wife, Alexander, and their children. Funeral arrangements are underway, and further details will be shared by the family in due course. The industry and fans alike will deeply miss his warmth, generosity, and contributions to Nollywood.
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.
A Special Birthday Tribute to Mrs. Linda Aronu C.
A Special Birthday Message to Dike Christopher Nnamdi.
