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Presidency Debunks Misconceptions on ‘Tax Reform Bills’, Advocates Constructive Engagement

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By Alexis Uchendu

The Presidency has addressed growing misconceptions about the Tax Reform Bills currently before the National Assembly, dismissing claims that the proposed reforms aim to eliminate critical government agencies or marginalize specific regions of the country.

In a statement released by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the government clarified that the reforms are designed to streamline Nigeria’s tax system, ease the burden on businesses, and foster a more competitive economy.

“The bills do not propose the abolition of agencies such as NASENI, TETFUND, or NITDA.

“Rather, they recommend consolidating multiple taxes into a unified system shared by these agencies until 2030.

“This ensures the agencies have sufficient time to explore alternative funding mechanisms alongside budgetary allocations,” the statement explained.

According to Onanuga, the reforms initiated by President Bola Tinubu seek to resolve longstanding concerns about the complexity of Nigeria’s tax regime, which has discouraged investment and driven businesses abroad.

By replacing inefficient earmarked taxes with a unified framework, the government aims to prioritize national development while reducing financial strain on businesses.

The Presidency criticized attempts to politicize the reform process, urging stakeholders to engage constructively during the National Assembly’s forthcoming public hearings.

Onanuga emphasized the importance of avoiding divisive rhetoric, stating:
“Leaders and citizens alike must refrain from inflaming public sentiments or polarizing the nation for political gain.

“Instead, we should focus on modernizing outdated tax laws to achieve sustainable growth and development,” he explained.

The Tax Reform Bills represent a key component of the Tinubu administration’s broader economic agenda, aimed at improving fiscal efficiency and creating a more conducive environment for investment and economic growth.

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AAEF Trains Young Engineers on CNG Conversion

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By Our Correspondent

The Isaac Ademola Agoro Engineering Foundation (AAEF), has commenced training young engineers in Compressed Natural Gas (CNG), conversion to support the Federal Government’s vehicle conversion initiative.

Speaking at the training, the Foundation’s founder, Engr. Ademola Agoro, emphasized its aim to complement President Bola Ahmed Tinubu’s efforts to ease the impact of fuel subsidy removal.

Agoro, who is also Chairman of Protogy Global, stated, “We aim to empower young engineers by equipping them with the skills to establish small workshops for CNG conversion nationwide.”

Agoro assured Nigerians of the country’s readiness for CNG adoption, highlighting the availability of the required resources and infrastructure.

Dr. Adewale Ikotun, Chairman of the Nigerian Society of Engineers (Oluyole Branch), commended the initiative, noting that CNG is safer and more cost-effective than petrol.

He revealed that over 50,000 vehicles have already been converted in Nigeria without any safety incidents.

Sylvia Innocent, the project manager, emphasized the Foundation’s commitment to youth empowerment, providing free training, accommodation, meals, and logistics for participants.

Trainees expressed gratitude for the opportunity, pledging to utilize their new skills to drive national development.

The training aligns with Tinubu’s mandate of converting one million vehicles to CNG, marking a significant step toward a sustainable energy future.

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Abuja Reports

Tinubu Orders More Road Projects Across FCT Area Councils –Wike

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By Our Correspondent 

President Bola Tinubu has mandated the expansion of road infrastructure across all area councils in the Federal Capital Territory (FCT), Minister Nyesom Wike revealed on Saturday.

Speaking at the commissioning of the Saburi Road in the Abuja Municipal Area Council (AMAC), Wike announced the reconstruction of the Dei-Dei Market Road to Life Camp.

The project, set to begin in February, will include streetlights to restore the market’s international status.

Wike commended AMAC Chairman Christopher Maikalangu for delivering impactful projects, saying, “Your chairman has shown exceptional capacity and deserves recognition.”

He also disclosed plans to include the Zaudna to Kagini Road in the 2025 budget, ensuring every council benefits from development projects.

The Minister highlighted Tinubu’s commitment to equitable governance, promising upgrades to schools and urging residents to remain patient as challenges are addressed.

Maikalangu, who described Wike as a “God-sent leader,” praised the timely completion of the Saburi Road, which has boosted economic activities in Gwagwa Ward.

He appealed for additional interventions, including roads and bridges in neglected communities like Zaudna and Kaba.

Residents expressed satisfaction with the government’s efforts and pledged their support for ongoing initiatives.

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Entertainment

Qing Madi Named Spotify EQUAL Africa Artist for January 2025

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By Our Correspondent 

Rising Nigerian singer Qing Madi has been honored as Spotify’s EQUAL Africa Artist for January 2025.

This recognition follows her earlier feature on Spotify’s EQUAL playlist and her distinction as one of Nigeria’s most-streamed female artists in 2024.

Passionate about using her music to impact lives, Qing Madi stands out in the male-dominated industry with her unique artistry.

She incorporates metaphors and layered meanings into her lyrics, evoking deeper emotions and perspectives in her listeners.

Reflecting on her journey, she remarked, “As a female artist, I’ve learned to work a hundred times harder than my male counterparts to have my voice heard.

My unique perspective shapes my writing and music, allowing listeners to explore profound emotions through my songs,” she said.

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