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He emphasized that the reforms aim to modernize Nigeria’s outdated tax laws, which he believes are a major obstacle to the nation’s economic development.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.
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
It has been rumored that bandits have made their way to Lagos, and allegedly they were spotted in Ibeju-Lekki, where some residents became suspicious of them and reported the matter.
A clip of the group of men went viral online, and many people became concerned. Whether true or not, fear has been sparked among Lagosians as they worry that bandits may already be in the state. Even if the reports remain unconfirmed, many believe it is still a possibility worth paying attention to.
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