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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TAX REFORM BILLS CLEAR SECOND READING IN HOUSE OF REPRESENTATIVES. (PHOTO).

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 Tax Reform Bills Clear Second Reading in House of Representatives


The four tax reform bills submitted to the National Assembly by President Bola Tinubu in 2024 have passed their second reading in the House of Representatives.


The bills, which include the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill, were debated in the Green Chamber on Wednesday, six months after being transmitted to the legislature following recommendations from the Taiwo Oyedele-led Committee on Fiscal Policy and Tax Reforms.


With their passage through second reading, the bills will now proceed to a public hearing for further scrutiny.


The proposed reforms have faced widespread controversy, drawing criticism from opposition politicians and northern governors, who have called for their withdrawal.


During the debate, most lawmakers supported the bills, but Rep. Sada Soli raised concerns that some sections might contradict the 1999 Constitution, particularly regarding revenue derivation. He urged the committee reviewing the bills to clarify ambiguities before final passage.


Other lawmakers pointed out that the bills seek to amend 40 different acts and called for them to be laid before Parliament. They also flagged concerns over multiple taxation, especially a provision that requires both the buyer and seller to pay tax on property transactions.

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