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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He emphasized that the reforms aim to modernize Nigeria’s outdated tax laws, which he believes are a major obstacle to the nation’s economic development.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
Nigerian Student Wins 2026 Spelling Bee World Championship
It has been reported that a Nigerian won the 2026 Spelling Bee World Championship, which was held in Shanghai, China. The winner, Chinedu Great Okdediachi, has now returned home to Delta State after his victory.
It can be noted that the student had already emerged as one of the Gold Award winners in the Middle School Group category.
“Congratulations once again, Chinedu! Your success continues to inspire young Nigerians to pursue excellence through education. Welcome home, Champion!”
The young star has made Nigeria proud by winning the international competition.
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‘My Reforms Have Stabilised Nigeria’s Economy’ — President Tinubu
President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.
He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”
The President added that the reforms are creating more opportunities for development across the country.
However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.
News
Nyesom Wike Says He Knows Civil Servants Don’t Like Him
Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.
He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.
He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”
