PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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SUBSIDY REMOVAL: SLOW DOWN ON HARSH POLICIES CITN CAUTIONS TINUBU. (PHOTO).

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Subsidy removal: Slow down on harsh policies, CITN cautions Tinubu

As the removal of petroleum subsidy and the increase in electricity tariffs bite harder on Nigerians, Chartered Institute of Taxation of Nigeria (CITN) has advised the Federal Government to slow down on the introduction of policies.

Speaking on the sideline of the third Association of National Accountants of Nigeria (ANAN) and CITN retreat in Abuja, the president of CITN, Samuel Agbeluyi, reasoned that the impacts of the removal of subsidy and the current petroleum prices are enormous on the citizens.

“If we add the sudden increase in electricity tariffs to what is on ground now it will cause some kind of dislocation to the system that may be difficult to handle,” he said. Agbeluyi, however, praised the president for his daunting policies while applauding the initiatives of the president.

“He started very well and he needs the support of everybody and we have applauded the initiatives of government. But at this point, can we manage what we have introduced and slowly introduce other policies so that we will not dislocate the system?” he asked.

While criticizing the N8, 000 palliative to the poor Nigerians, CITN argued that to ensure a sound cashless economy, the money should pass through the banking system for accountability.

Speaking on the multiple tax system in Nigeria, the president noted that some states pay as high as 58 different taxes, noting that this has brought confusion into the tax system.


 

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