News
Orji Kalu Denies Alphabeta Rumors and Supports Tinubu’s Tax Reforms
Senator Orji Uzor Kalu, representing Abia North in the National Assembly, has debunked rumors suggesting that President Bola Tinubu plans to introduce Alphabeta, a consulting firm, into the country’s tax system through the Federal Government’s new tax reform bills.
Kalu addressed these concerns during an interview with Arise Television on Monday, shedding light on the essence of the reforms.
Alphabeta, which has been linked to Tinubu from his tenure as governor of Lagos State, has sparked speculations among some Nigerians who fear its involvement could resurface at a national level.
Critics argue that Alphabeta’s role in Lagos was controversial due to its monopoly on tax revenue collection, raising questions about transparency and accountability.
However, Kalu dismissed such fears, insisting that the tax reform efforts are entirely unrelated to Alphabeta or any similar entity.
He emphasized that the reforms aim to modernize Nigeria’s outdated tax laws, which he believes are a major obstacle to the nation’s economic development.
“One of my friends called me with concerns, saying President Bola Ahmed Tinubu plans to introduce another Alphabeta in Nigeria, just as he did in Lagos.
But that’s not the issue,” Kalu clarified. “The real matter is that Nigeria’s tax laws, alongside many of our other laws, are obsolete and need urgent updates.”
Kalu, who served as governor of Abia State from 1999 to 2007, is a seasoned politician with firsthand knowledge of governance and legislative processes.
He voiced strong support for the tax reform bills, describing them as a step in the right direction for the country’s financial system.
According to him, a modernized tax framework is essential for fostering economic growth, attracting investments, and reducing reliance on borrowing.
President Bola Tinubu’s administration has been pushing for reforms across various sectors, with tax reforms taking center stage in its agenda.
The Federal Government recently proposed a series of bills aimed at restructuring the tax system to enhance efficiency and revenue generation.
These reforms are expected to address loopholes in the current tax regime while ensuring that the system is fair and equitable for all Nigerians.
News
Elon Musk Responds to Alleged Baby Mama’s Child Support Claims, Reveals Millions Paid For Support
American Billionaire, Elon Musk responds to alleged baby mama, Ashley St. Clair, claims against his neglection of child support payments.
The alleged baby mama, Ashley, takes to her X page to lament on the reduction of child support payment. She shares that Elon Musk reduced the payment by 60% causing her to sell her car to provide for the child.
Elon Musk the steps out to share the amount of money he has given her, he also states that he isn’t still sure if the child is his.
“I don’t know if the child is mine or not. But am not against finding out. No court order is Despite not knowing for sure, I’ve given Ashley $2.5M and am sending her $500k yearly”.
President Bola Tinubu has revealed that he almost stepped away from the presidential race but was convinced to stay by Aminu Masari and a few others.
Speaking at a special Iftar at the Presidential Villa in Abuja, Tinubu shared how a late-night conversation with a relative made him question his decision to run. His spokesman, Bayo Onanuga, released a statement detailing the moment.
Recalling the incident, Tinubu said a family member visited him around 3:30 a.m., asking for N50,000 to buy food. The relative blamed him for the currency crisis at the time, saying people were struggling to get cash, even a wealthy uncle of theirs couldn’t find N10,000. The man then questioned why Tinubu was still in the race, hinting that he had no chance of winning.
Despite the doubt, Tinubu handed over the money and confidently told him he would succeed. However, the encounter made him briefly consider quitting. He credited Aminu Masari and others for pushing him forward, with Masari reminding him of the support he had and urging him not to look back.
Tinubu acknowledged the tough economic challenges he faced upon taking office and the difficult decisions he had to make, including the removal of fuel subsidies. He revealed that the subsidy removal wasn’t part of his original inauguration speech but was a decision he had to make immediately.
Nigeria’s First Lady, Senator Oluremi Tinubu, celebrates her husband and president of Nigeria, Booa Ahmed Tinubu.
The First Lady writes down a heartfelt message and expresses gratitude as she celebrates Tinubu’s 73rd birthday.
She praises his leadership and the works he has done, she highlights what he has established as the President of Nigeria.
“I rejoice and thank God Almighty for His faithfulness in your life, over the years. I celebrate your courage, strength, and resilience that have all contributed to who we both are today. May you live long, in divine health, joy, peace, and prosperity. Happy Birthday, Mr. President… My Knight in Shining Armor.”
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