Oyedele Defends New Tax Bill, Says Proposed Amendments Meant to Usher Fairer Template for VAT Distribution Jega warns FG not to heed every advice, programmes from IMF Ndume: FG shouldn’t punish poor Nigerians with more taxes
Chuks Okocha and James Emejo in Abuja
Chairman of Presidential Advisory
Committee on Fiscal Policy and Tax Reform, Mr. Taiwo Oyedele, yesterday, said the committee’s proposal on the derivation formula for Value Added Tax
(VAT) distribution among the federal, state, and local governments was intended to “create a fairer system by devising a different form of derivation”.
Oyedele’s comments came as former Chairman of Independent National Electoral Commission (INEC), Professor Attahiru Jega, warned the
federal government against taking all the advice of the Bretton Woods institutions – World Bank and International Monetary Fund (IMF).
Similarly, the senator for Borno South Senatorial District, Senator Ali Ndume, Continued on page 5
FG Restores Power Supply to Some Northern States after 10-day Blackout...
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Thursday, October 31, 2024 Vol 29. No 10795. Price: N400
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Economic Hardship: NLC to Demand Further Review of Workers’ Salaries
Onyebuchi Ezigbo in Abuja
NGF MEETS COUNCIL OF TRADITIONAL RULERS...
L-R: Sultan of Sokoto, Dr. Muhammadu Sa’ad Abubakar III; Kwara State Governor/Chairman Nigerian Governors Forum, AbdulRahman AbdulRazaq; Oyo State Governor, Engr. Seyi Makinde; Ooni of Ife, Oba Enitan Ogunwusi, Ojaja ll; and Etsu Nupe and Chairman Niger State Council of Traditional Rulers, Alhaji Yahaya Abubakar, during the Nigeria Governors Forum Meeting with National Council of Traditional Rulers, held at the Conference Centre of the Presidential Villa, Abuja…yesterday GODWIN OMOIGUI
As Nigerians continue to grapple with the economic hardship resulting from record high inflation and the devastating impact of the economic reforms on their lives, the Nigeria Labour Congress (NLC) yesterday said it may be forced to Continued on page 5
Like Obasanjo Did to Lagos, Court Stops Rivers’ Allocations Under President Tinubu Questions mount: Can court stop direct constitutional provision? I was ambushed in peace deal, Fubara declares Atiku warns judiciary not to set state on fire
Chuks Okocha, Alex Enumah in Abuja and Blessing Ibunge in Port Harcourt Reminiscent of the time under former President Olusegun Obasanjo, when federal allocations to local governments in Lagos State were seized, a Federal High Court in Abuja, yesterday, ordered the stoppage of the release of federal monthly allocations from the consolidated funds to the Rivers State government. Reacting to the development, yesterday, Rivers State Governor, Siminalayi Fubara, revealed that he was ambushed in the presidential peace accord held in Abuja to reconcile the political crisis between him and Minister of Federal Capital Territory (FCT), Nyesom Wike. Continued on page 5
FINISHING STRONG WITH PROJECTS INAUGURATION... See story on page 42
L-R: Candidate of the Peoples’ Democratic Party (PDP) in Edo 2024 governorship election, Dr. Asue Ighodalo; Provost, Edo State College of Nursing Sciences (ESCNS), Prof. Patricia Ukaigwe; Provost, Edo College of Health Sciences and Technology (EdoCOHEST), Dr. Moyo Kasim; Edo State Governor, Mr. Godwin Obaseki; his Zamfara State Governor counterpart, Dr. Dauda Lawal, and Project Consultant for the reconstruction of Edo College of Health Sciences and Technology (EdoCOHEST), Esther Oshunluyi, at the inauguration of EdoCOHEST, in Benin City...yesterday
Tinubu Appoints Maj-Gen Oluyede Acting Army Chief, Assures of Enhanced Security...
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