Senate Pass Tinubu’s Controversial Tax Reform Bills For Second Reading

Published

1 year ago

November 28, 2024

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Senate PassTinubu’s Controversial Tax Reform Bills For Second Reading—-The Nigerian Senate on Thursday passed President Bola Tinubu’s controversial Tax Reform Bills for second reading.

The Bills are: ‘A Bill for an Act to Establish the Joint Revenue Board, the Tax Appeal Tribunal and the Office of the Tax Ombudsman, for the harmonisation, coordination and settlement of disputes arising from revenue administration in Nigeria and for other related matters, 2024.

‘A Bill for an Act to Repeal the Federal Inland Revenue Service (Establishment) Act, No. 13, 2007 and enact the Nigeria Revenue Service (Establishment) Act to Establish the Nigeria Revenue Service, charged with powers of assessment, collection of, and accounting for revenue accruable to the Government of the Federation, and for related Matters, 2024.

‘A Bill for an Act to Provide for the assessment, collection of, and accounting for revenue accruing to the Federation, Federal, States and Local Government; prescribe the powers and funtions of tax authorities, and for related matters, 2024.

‘A Bill for an Act to Repeal certain Acts on taxation and consolidate the l;egal frameworks relating to taxation and enact the Nigeria Tax Act to provide for taxation of income, transactions and instruments, and for related matters.

Sponsor of the bills, Senate Majority Leader Bamidele Opeyemi, explained the general principles, saying the proposed legislation, if passed into law, will mark a paradigm shift in tax administration in Nigeria, to the advantage of Nigerians.

Senator Ali Ndume, however, raised concerns on the sanctity of the reforms, saying it contradicts certain provisions of the Constitution.

He insisted that the Constitution 1999 as amended should have been re-amended to reflect the desire of tax reform.

Ndume also cited the bills rejection by Nigerian Governors’ Forum and the National Executive Council, as well as by traditional rulers and other stakeholders.

Noting that he was not against the reforms as some provisions are good for the development of a robust tax administration system in Nigeria, he stressed that necessary steps should have been taken to follow due process in line with parliamentary rules.

Senate President, Godswill Akpabio after listening to Ndume, as well as presentations by Seriake Dickson and Mohammed Ali Monguno, who stoutly supported the bills, passed them for second reading through voice vote.

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Sports

BREAKING: Saka Fires Arsenal Into First Champions League Final in 20 Years

Published

18 hours ago

May 5, 2026

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BREAKING: Saka Fires Arsenal Into First Champions League Final in 20 Years—-TCN reports that Arsenal have qualified for the 2026 UEFA Champions League final after a narrow victory over Atlético Madrid, with Bukayo Saka scoring the decisive goal.

Saka’s strike proved to be the difference as Arsenal secured a 1-0 win in the second leg, progressing 2-1 on aggregate following a 1-1 draw in Spain.

The result sees the North London club reach the Champions League final for the first time in two decades, marking a significant milestone in their European journey.

Arsenal will now face either defending champions Paris Saint-Germain or German giants Bayern Munich in the final scheduled for May 30.

This will be only the second Champions League final appearance in Arsenal’s history. Their first came in 2006, when they were narrowly defeated by FC Barcelona.

The Gunners will now be aiming to go one step further and claim their first-ever Champions League title.

Developing story…

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Entertainment

BREAKING: From Words to Ring: Lizzy Anjorin Accepts Iyabo Ojo Boxing Challenge

Published

2 days ago

May 4, 2026

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BREAKING: From Words to Ring: Lizzy Anjorin Accepts Iyabo Ojo Boxing Challenge—–Nollywood stars Iyabo Ojo and Lizzy anjorin set for potential showdown as rivalry takes new turn

Actress Lizzy Anjorin has accepted the boxing ring challenge issued by her colleague Iyabo Ojo, adding a new turn to their long running public dispute.

The development began after Iyabo Ojo shared a video of herself training and challenged Lizzy Anjorin to a boxing match. She also called on businessman Emeka Okonkwo, known as E-Money and music executive Soso Soberekon to sponsor the proposed fight.

Lizzy Anjorin responded by accepting the challenge and criticised Iyabo Ojo in her post, questioning public support and describing her as a certified failed actress with zero achievements.

She also asked Iyabo to set a date for the fight and insisted she was ready.

“ABEG MK WE START BETTING NOW
TEAM LAWAL OR TEAM SISI MAMA ???

“PAULO SIS MAMA AMBASSADOR BABY OIL I CHALLENGE YOU AND IYABO OJO SEPETERI THE CERTIFIED FAILED ACTRESS WITH ZERO ACHIEVEMENTS TO PICK A DATE FOR THE FIGHT
NA THAT RING FIGHT FIT GIVE ME THE REAL JUSTICE WEY I DEY LOOK FOR
NA WHY I NO DRAG U GO COURT THAT TIME
BUT I’M READY ANYWAY NOW
DOCTOR KAN
AMBULANCE KAN
POSI MEJI,” she said.

In another post, Lizzy Anjorin also reacted to Iyabo Ojo’s partner Paulo Okoye, over his suggestion that their disagreement should be settled in a boxing ring. She challenged him to a 10 round fight with her husband before any match involving her and Iyabo Ojo.

The latest exchange adds to a long running dispute between both actresses, which has played out publicly on social media over the years, with repeated back and forth comments and accusations.

At different points in the conflict, Iyabo Ojo had shared a video mocking Lizzy Anjorin, which escalated tensions between both sides. Lizzy later made allegations against Iyabo, leading to further public exchanges and legal threats.

Iyabo Ojo had demanded a public apology and threatened legal action over alleged defamatory statements, including a compensation claim.

In 2024, a Lagos court dismissed a 1 billion naira defamation suit filed by Iyabo Ojo against Lizzy Anjorin, marking a legal setback in one of their cases. The public disagreement between both actresses has however continued to resurface through online exchanges.

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