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New Tax Laws To Take Effect January 1 As FG Stands Firm Despite Controversy.

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The Federal Government has reaffirmed that the remaining two tax reform laws recently signed into law will take effect on January 1, 2026, despite ongoing controversy surrounding alleged alterations to the legislation. According to Nivo News, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, confirmed that the implementation timeline remains unchanged.....KINDLY READ THE FULL STORY HERE▶

Oyedele spoke after leading a high-level delegation to brief President Bola Ahmed Tinubu at his Lagos residence on the progress made in implementing the four landmark tax reform laws. The delegation included senior officials such as the Chairman of the Nigerian Revenue Service, Zacch Adedeji, and the Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe.

He explained that two of the laws—the Nigerian Revenue Service Establishment Act and the Joint Revenue Board Establishment Act—had already come into force on June 26, 2025. The remaining legislations, namely the Nigerian Tax Act and the Nigerian Tax Administration Act, are scheduled to commence on January 1, 2026.

According to Nivo News, Oyedele stated that the Federal Government welcomed the position of the House of Representatives Committee addressing the controversy and emphasized that the Executive remains open to working with the National Assembly should further engagement be required. He stressed that the decision to proceed with implementation was informed by the reforms’ pro-people focus and their potential to ease the tax burden on ordinary Nigerians.

He disclosed that under the new tax regime, about 98 per cent of low-income earners would either pay no Pay-As-You-Earn tax or pay significantly reduced amounts. He added that approximately 97 per cent of small businesses would be exempted from Corporate Income Tax, Value Added Tax, and Withholding Tax, while larger companies would also benefit from lower tax obligations.

Oyedele explained that the overarching aim of the reforms is to promote economic growth, inclusiveness, and shared prosperity rather than immediate revenue generation. He noted that sustainable revenue would be achieved over time through economic expansion, improved compliance, and a broader tax base.

He further revealed that preparation for implementation began as soon as the bills were transmitted to the National Assembly, with the last six months dedicated to capacity building, system upgrades, and public sensitisation. He described the reforms as an ongoing process, stressing that gradual improvement was expected as implementation progresses.

Meanwhile, the National Assembly has confirmed that it has commenced an internal review following public concerns over the legislative process leading to the passage and gazetting of the tax laws. According to Nivo News, the legislature said the review is being conducted strictly within its constitutional and statutory mandate.

The National Assembly explained that the review focuses on harmonisation, authentication, and accurate publication of the Acts in the Official Gazette. It added that certified true copies of the laws would be made available to stakeholders and the public upon request, clarifying that the exercise does not imply any defect in legislative authority.

The legislature reaffirmed its commitment to transparency, due process, and constitutional governance, urging members of the public to allow institutional procedures to run their course. It assured Nigerians that appropriate administrative refinements, where necessary, would be carried out in line with established parliamentary practices.

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Fresh Leadership Change At LAWMA As Sanwo-Olu Names New MD, Redeploys Officers.

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Lagos State Governor, Babajide Sanwo-Olu, has appointed Olajuwon Akinyemi as the acting Managing Director of the Lagos State Waste Management Authority (LAWMA).....KINDLY READ THE FULL STORY HERE▶

The appointment comes amid growing concerns over the poor management of refuse across the state, with heaps of waste reportedly littering major roads, residential areas and drainage channels.

Akinyemi replaces Dr Muyiwa Gbadegesin, who was asked to resign following the concerns over the worsening waste situation in Lagos.

Sanwo-Olu also approved the appointment of Dr Tijani Olorunwa as the acting Director of Operations, while Kunle Adebiyi will retain his position as the Executive Director of Finance.

As part of efforts to reform the authority, the state government has also approved the redeployment of several senior LAWMA officials to other departments and agencies within the Lagos State public service.

Under the arrangement, officers on Salary Grade Levels 13 to 17 will be transferred to the mainstream Lagos State Civil Service, local governments and Local Council Development Areas (LCDAs).

However, officials in the Legal Department have been exempted from the exercise to avoid disruptions to ongoing court cases and concession agreements being handled by the agency.

The heads of Landfill Operations, LAWMA Operations and Private Sector Participation Operations have also been temporarily exempted from the transfers for an initial period of 90 days.

Akinyemi, who hails from Badagry Local Government Area of Lagos State, is an experienced administrator.

Before his latest appointment, President Bola Tinubu appointed him Deputy Executive Secretary (Technical) of the Universal Basic Education Commission (UBEC) in 2025.

He had also served in the Lagos State public service, where he held the position of Deputy Executive Secretary (Technical) for UBEC.

Akinyemi previously worked as Director of Administration and Human Resources at the Lagos State Office of Infrastructure.

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2027 Presidency: Donald Duke Declares Readiness To Step Down For Consensus Candidate.

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The presidential candidate of the Peoples Redemption Party (PRP), Donald Duke, has declared his willingness to support any candidate who emerges as the consensus choice of the opposition coalition ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

Duke made the declaration on Tuesday in Abuja during the PRP strategic retreat, where he also condemned what he described as deliberate efforts by the ruling All Progressives Congress (APC) to weaken opposition parties ahead of the polls.

The former Cross River State governor accused the ruling party of using state institutions to frustrate opposition activities.

He lamented that opposition parties were allegedly being denied access to campaign venues while political violence was allowed to persist.

“Indeed, right now in this country, the only party able to campaign is the APC. They’ve locked out every person,” he said.

Duke warned that the growing political hostility could trigger a national crisis. He drew comparisons between the current political atmosphere and developments that preceded the 1966 crisis and the Nigerian Civil War.

He also expressed hope that the 375 judges recently inaugurated to handle election-related cases would uphold integrity and dispense justice without fear or favour.

Meanwhile, the PRP National Chairman, Hakeem Baba-Ahmed, warned that Nigeria could face serious instability if the rising cases of political violence and intimidation against opposition parties were not urgently addressed.

Baba-Ahmed said attacks on opposition politicians and restrictions on their campaigns could undermine the electoral process, deny Nigerians the opportunity to exercise their democratic rights and plunge the country into deeper political uncertainty.

“We are not scared for the PRP, we are scared for the country,” Baba-Ahmed said when asked about concerns over possible attacks on the party during its campaigns.

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Super Eagles Begin Tanzania Clash Preparations As 17 Players Arrive In Uyo.

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Nigeria have commenced preparations for their 2027 Africa Cup of Nations (AFCON) qualifying double-header against Tanzania, with 17 players reporting for the Super Eagles’ first training session in Uyo on Tuesday, November 10.....KINDLY READ THE FULL STORY HERE▶

The team’s preparations encountered an early setback after flight scheduling issues at Victor Attah International Airport delayed the arrival of several players on Monday.

However, 10 players arrived on Tuesday morning. They included goalkeepers Stanley Nwabali and Arthur Okonkwo; Fulham duo Calvin Bassey and Alex Iwobi; Ola Aina, Semi Ajayi, Moses Simon, Akor Adams, Benjamin Fredrick and Alhassan Yusuf.

Seven other players also joined the squad, bringing the total number of available players to 17. They are Bright Osayi-Samuel, Tolu Arokodare, Chibuike Nwaiwu, Samson Tijani, Tochukwu Nnadi, Francis Uzoho and Ademola Lookman.

The remaining seven invited players expected to join the camp are Bruno Onyemaechi, Abdullahi Bewene, Wilfred Ndidi, Fisayo Dele-Bashiru, Taiwo Awoniyi, Moses Usor and first-time invitee Mubarak Suleiman.

Nigeria will welcome Tanzania to Uyo on Friday before travelling to Dar es Salaam for the return fixture four days later.

The Super Eagles have accumulated three points from their opening two matches in Group L. They started their qualifying campaign with a 2-1 victory over Madagascar in Uyo but subsequently suffered a 3-0 defeat to Guinea-Bissau away from home.

Nigeria currently sit second in the group, behind Guinea-Bissau, and will need positive results in both encounters to improve their chances of qualifying for the tournament.

Tanzania, meanwhile, have already secured their place at the 2027 AFCON as one of the co-hosts, leaving just one additional qualification spot available in the group.

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