PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP   President Bola Tinubu has expressed profound sadness over the crash on Monday morning of a Nigerian Air Force ATR-42 jet near a naval base in the Igbokoda area of Ondo State.   The aircraft was on a routine mission from Benin to Lagos when the accident occurred.   The President extends his deepest condolences to the family of the 25 passengers and seven crew members involved, the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, and all officers, airmen and airwomen of the Nigerian Air Force.   "This is a painful moment for our Armed Forces and for the entire nation. Our Air Force personnel put their lives on the line every day to secure Nigeria. Their sacrifice will never be forgotten."   “The Chief of Air Staff has briefed me, and I have directed the Nigerian Air Force to immediately commence a thorough investigation in...

THABO MBEKI CALLS FOR UN TAX CONVENTION TO HALT IFFS. (PHOTO).#PRESS RELEASE .



Thabo Mbeki Calls for UN Tax Convention To Halt IFFs

*Seeks Establishment of Global Intergovernmental Tax Body

*Asks AU-Member States, International Organisations To Resist Attempt To Block Creation of Inclusive Intergovernmental Tax Body

The Chairman of the African Union High Level Panel on Illicit Financial Flows (IFFs), H.E. Thabo Mbeki has made a spirited call for a United Nations Tax Convention to halt illicit financial flows from Africa and multinational and corporate tax abuse.

Mbeki also called for the establishment of a globally inclusive intergovernmental tax body to strengthen global efforts against IFFs.

The call is contained in a statement released on Tuesday by the Head of the Secretariat of the AU High-Level Panel on Stemming Illicit Financial Flows from Africa, Ms. Souad Aden-Osman.

Decrying the lack of an inclusive architecture for international tax cooperation, Mbeki welcomed the ECA declaration of African Finance Ministers in May 2022, which called for the immediate start of negotiations on a UN tax convention.

He said, “While the Organisation for Economic Cooperation and Development (OECD) has played an important role in these areas, it is clear after ten years of attempts to reform international tax rules that there is no substitute for the globally inclusive and transparent forum provided by the United Nations. I urge countries to remain committed to the development of a UN tax convention and encourage the OECD to play a supportive role in this regard.


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