RESPONSE TO KPMG: OBSERVATIONS ON NIGERIA'S NEW TAX LAWS- BY PRESIDENTIAL FISCAL POLICY AND TAX REFORMS COMMITTEE. (PHOTO). #PRESS RELEASE.

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 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞 𝐭𝐨 𝐊𝐏𝐌𝐆: 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐋𝐚𝐰𝐬 ---𝘉𝘺 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘍𝘪𝘴𝘤𝘢𝘭 𝘗𝘰𝘭𝘪𝘤𝘺 𝘢𝘯𝘥 𝘛𝘢𝘹 𝘙𝘦𝘧𝘰𝘳𝘮𝘴 𝘊𝘰𝘮𝘮𝘪𝘵𝘵𝘦𝘦 We welcome all perspectives that contribute to a shared understanding and successful implementation of the new tax laws. We acknowledge that a few points raised by KPMG are useful, particularly those related to implementation risks and clerical or cross-referencing issues. However, the majority of the publication reflected a misunderstanding of the policy intent, a mischaracterisation of deliberate policy choices, and, in several instances, the repetition of opinions and preferences as facts. 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐨𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 A significant proportion of the issues described as “errors,” “gaps,” or “omissions” by KPMG are either: - the firm’s own errors and invalid conclusions, - issues not properly understood by the firm,  - missed context on broader reforms objec...

EKSU KILLINGS: FAYOSE READS RIOTS ACT TO CULTISTS,KIDNAPPERS.{PHOTOS}

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       Ekiti State Governor, Chief Ayodele Fayose, has said there is no hiding place for those involved on cult activities and kidnapping in the state, saying the long arm of the law will soon catch up with them.
This is just as he gave security agencies in the state the marching order to fish out those involved in the killing of two students of the Ekiti State University (EKSU), Ado-Ekiti.
The Governor said he will eject cultists from tertiary institutions in the state just in the same way he ended herdsmen menace in Ekiti.
He stated this in Ado-Ekiti while featuring in an interview programme on state radio and television.
In a statement on Tuesday by his Chief Press Secretary, Mr Idowu Adelusi, the governor also said security agents had been placed on the alert to secure some points in the state that some people wanted to turn to kidnapping spots.
The governor, who expressed disgust at penultimate Monday's killing Ojo Segun and the killing this week's Monday of Ayodele Temilade, both of EKSU, vowed that the culprits would not go unpunished, adding that the state assembly will enact a law soon to prohibit cultism in the state.
"We won't allow anybody to tarnish the image of EKSU and the state. We have been experiencing peace in the state and the recent killings are condemnable. The police will surely fish out the perpetrators. I won't allow anybody to turn the institution to a place of bloodshed.
"I have told the management of the institution to stamp out cult activities. People sent to go and study should face their studies squarely. Also, security agents are monitoring the activities of some bad eggs who want to turn Ogotun-Igbaraoke-Ikere axis and Oye-Imojo-Ayede axis to kidnappers' areas of operation. We are on top of the situation and there is no hiding place for criminal elements in the state," he said.
While urging the public not to aid or abet criminals and their activities, he added that some dedicated telephone lines had been made available for them to contact the police.
The lines are 09030002151, 09030002161 and 08062336577.
On the declining allocation to the state, Fayose accused the Federal Government of borrowing to fund its activities and using the income accruing to all tiers of government to service and repay such loans.
He added that he had taken the FG to court on the matter.
He stated that the N2.4 billion that the state government got this month wasn't not enough to pay workers' salaries, while what came to the 16 local governments would also not be able to meet their statutory obligations.
On the rancour free atmosphere prevailing in the political cycle, Fayose said he was never out to hunt any perceived enemy and warned the opposition not to heat the polity with blatant lies and propaganda.
He promised to set up a Public Complaint Commission before leaving office for the public to have means of expressing their views about issues and having a shoulder to lean on.
On his presidential ambition, the governor said he was not chasing shadows and urged doubting Thomases to wait until then.He expressed optimism that the Peoples Democratic Party and his preferred candidate, Prof. Kolapo Olusola, would win the 2018 governorship election in the state.More photos below.
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