ISLAMIC scholar and preacher, Sheikh Ahmad Abubakar Gumi has expressed support for the controversial Tax Reform Bills, deeming them advantageous for all Nigerians, despite resistance from northern leaders. Reports from Naija News highlight persistent criticism from northern governors, lawmakers, and traditional leaders, who argue that the bills, if enacted, could deepen economic challenges in …
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THE chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has shed light on the rationale behind renaming the Federal Inland Revenue Service (FIRS) to the Nigeria Revenue Service (NRS). Newsextra24 gathered that the proposed name change is part of the Nigeria Revenue Service Establishment Bill currently before …
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THE Nigerian stock market opened the first trading session of the month on a positive note on Monday, gaining N138 billion in market capitalisation. Demand for Tier-One banking stocks, including Zenith Bank, United Bank for Africa (UBA) and Access Corporation, alongside equities such as Transnational Corporation and PZ, drove the …
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THE Presidency has dismissed allegations that the tax reform bills before the National Assembly were designed to impoverish certain regions. Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement clarified the bills aimed to enhance quality of life for disadvantaged Nigerians, rather than destroying …
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THE Police Command in Akwa Ibom says it has rescued five children who were allegedly abducted by unknown person from their parents in Mbiakpan Ikot Idim village, Obio Ibiono area of the state. The Commissioner of Police, Joseph Eribo, disclosed this at news conference in Uyo on Monday, adding that …
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An NGO, YandiTech Community, on Monday advocated the domestication of the Freedom of Information Act (FOI) in Kaduna state. Founder and Chief Executive Officer (CEO) of the NGO, Mohammed Yayandi, made the call at a two-day digital security training on digital resilience for 30 youth activists and CSOs in a …
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THE Federal Government, in collaboration with stakeholders, held a candlelight memorial in Abuja to honour those who lost their lives to HIV/AIDS-related causes. The event, which took place on Monday, aimed to raise awareness on Prevention-of Mother-to-Child Transmission of HIV (PMTCT) and enhance community commitment to ending AIDS. Dr Temitope …
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THE Kano State House of Assembly on Monday rejected the Tax Reform bills currently under consideration at the National Assembly. At a plenary, presided over by the Speaker, Isma’il Falgore, the lawmakers kicked against the bills after extensive deliberation. The Majority Leader, Lawan Husseini (ANPP-Dala) introduced a motion of ‘urgent …
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GHANA’S parliament may fail to pass a provisional budget before the December 7 general election, risking an unprecedented government shutdown in 2024, according to experts and former officials. This would be the first time in over 30 years that the West African nation has entered the new year without a …
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CHINA Railway Construction Engineering Group has been slapped with a 12-month Conditional Non-Debarment penalty for ‘fraudulent’ practice in its tender for the first phase of the over £350 million Msalato International Airport (MSIA) project in Tanzania. The sanction, which was announced last week by the African Development Bank (AfDB), is …
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