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A Bold Step Toward Fiscal Modernization In October 2024, President Bola Tinubu introduced a new, sweeping tax reform package aimed at modernizing Nigeria’s fiscal framework and boosting revenue generation. The Nigeria Tax Bill, along with accompanying reforms like the Nigeria Revenue Service Bill and the Nigeria Tax Administration Bill, seeks to overhaul the nation’s tax…
The Federal Government of Nigeria has established a ten-member Inter-Ministerial Committee to implement the Supreme Court’s July 11, 2024 ruling, which grants financial independence to local governments across the country. This development was announced on Tuesday in Abuja by Segun Imohiosen, Director of Information and Public Relations at the Office of the Secretary to the…
On Monday, President Bola Tinubu, represented by Vice-President Kashim Shettima, called for the ratification and full implementation of the ECOWAS Protocol Against Corruption. Speaking at the 6th Annual General Assembly of the Network of National Anti-Corruption Institutions in West Africa (NACIWA) held at the ECOWAS Secretariat in Abuja, Tinubu emphasized the need for concrete actions…
FORCES OF THE FEDERAL REPUBLIC OF NIGERIA ON THE NATIONWIDE PROTEST BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED FORCES OF THE FEDERAL REPUBLIC OF NIGERIA ON THE NATIONWIDE PROTEST DATE: SUNDAY 4TH AUGUST 2024 My fellow Nigerians, 1. I speak to you today with a heavy heart and a…
President Bola Ahmed Tinubu has officially signed the new minimum wage bill into law, establishing a revised minimum wage of N70,000. The signing took place during a meeting of the Federal Executive Council (FEC) at the State House in Abuja. The agreement on the new minimum wage followed extensive negotiations between the federal government and…
South-South Nigerian stakeholders are intensifying their demands for President Bola Tinubu to take decisive action against those allegedly undermining the nation’s oil industry, particularly in light of recent challenges faced by the Dangote Refinery. These calls are driven by growing concerns that oil magnates may be deliberately sabotaging Nigeria’s refineries, including the newly inaugurated Dangote…
President Bola Tinubu has extended his congratulations to Justice Stella Anukam on her re-election for a further six-year term at the African Court on Human and Peoples’ Rights. The announcement of her re-election was made during the African Union Mid-Year Coordination Meeting Executive Council held in Accra, Ghana, on Friday. This was confirmed by Chief…
President Bola Tinubu announced the establishment of the Federal Ministry of Livestock Development on Tuesday, marking a significant step in his administration’s efforts to reform the livestock sector and address ongoing conflicts between farmers and herders in Nigeria. The announcement was made during the inaugural meeting of the Renewed Hope Livestock Reform Implementation Committee at…
The recent decision by governors and National Assembly members from Nigeria’s South-East region to meet with President Bola Tinubu regarding the release of Mazi Nnamdi Kanu, the imprisoned leader of the Indigenous People of Biafra (IPOB), has sparked a wide range of responses across the country. Kanu is a polarizing figure, seen by some as…
President Tinubu’s Bold Move: Revamping Nigeria’s Pharmaceutical Sector In a decisive move aimed at transforming Nigeria’s pharmaceutical landscape, President Bola Tinubu has signed an executive order that promises to shake up the industry. The order, which slashes tariffs, excise duties, and value added tax (VAT) on imported pharmaceutical inputs, marks a significant shift towards bolstering…