Oyedele: Businesses Will Suffer, Economy Would Retrogress If States Collect VAT Ejiofor Alike The Chairman of the Presidential Tax Reform Committee, Mr. Taiwo
Oyedele, has raised the alarm that businesses will suffer while the economy would retrogress if state governments are allowed to collect
value-added tax (VAT). Speaking on a live television programme at the weekend, Oyedele recalled that a similar
approach was attempted in the 1980s with sales tax, but the sub-national governments failed to generate significant revenue
through it. “By 1999, we were writing the constitution because we now have the 4th Republic. But what we
did was to just replicate the 1979 Constitution,” Oyedele said. Continued on page 5
First Lady: Nigeria Can't Afford to Be Left Out of Global Digital Village… Page 10 Sunday, November 10, 2024 Vol 29. No 10808
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WTO DG: Okonjo-Iweala Confirmed as Sole Candidate for Second Term as Deadline for Nominations Ends
Ndubuisi Francis in Abuja
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has emerged the sole candidate for a second term
in office following the end of the nominations for the position, a clear signal for her to have a smooth sail for another four-year term. Chair of the WTO General Council, Ambassador Petter Ølberg
of Norway, informed the global body's members yesterday that no further nominations for the position of Director-General had been received at the expiration of the deadline of November 8,
adding that the incumbent DirectorGeneral, Ngozi Okonjo-Iweala, emerged as the only candidate for the position. Okonjo-Iweala confirmed her willingness to serve a second
four-year term in the role in a letter to the Chair on September 16. On October 8, the WTO formally commenced the process for appointing its next DirectorGeneral, with members given until
November 8 to submit nominations. However, no nominations were received before the deadline elapsed.
Continued on page 5
Chief Justice Kekere-Ekun: Few Judges are Tarnishing the Image of Judiciary Insists Nigeria blessed with upright, courageous judges Sanusi urges Supreme Court to administer justice with fear of God Fagbemi insists on fairness, integrity of Nigerian legal system Babalakin decries influence of political leaders over judges Wale Igbintade The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has acknowledged that few judges were giving the Nigerian judiciary a bad name, insisting that the country’s judiciary is blessed with upright and courageous judges. The Emir of Kano, His Royal Majesty Khalifa Muhammad Sanusi
II, also asked the Nigerian judges especially justices of the Supreme Court to administer justice with the fear of God, and also remember that they are accountable to God. This is just as a Senior Advocate of Nigeria (SAN), Dr Wale Babalakin has lamented what he described as the deterioration of Continued on page 5
HONOURING THE CJN… L-R: Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun (left), and Governor of Lagos State, Mr. Babajide Sanwo-Olu, at a dinner in honour of the CJN, at the Lagos House, Marina…yesterday