COURT JAILS TWO FOR N14.8M FRAUD IN MAIDUGURI. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for N14.8m Fraud in Maiduguri Justice B.T Zannah of the Borno State High Court sitting in Maiduguri, on Monday, July 13, 2026 convicted and sentenced two to three years imprisonment. The convicts are: Babagana Bukar and Hauwa Chabri.  The convicts were arraigned on Monday, July 13, 2026 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a separate one -count charge for the offence of criminal misappropriation to the tune of N14,800,000.00 (Fourteen  Million, Eight Hundred Thousand Naira). The charge against Bukar reads: "That you, Babagana Bukar sometimes in 2025 at Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly misappropriated and converted to your own use the aggregate sum of N8,800,000.00 (Eight Million, Eight Hundred Thousand Naira)  money belonging to Bunu Gambo Liman, being amount given to you through Babakura Umar and Bello Adamu for the supplies of 100 bags of IRS...
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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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