News
“Reforms Must Align with the Interests of the Vast Majority of Nigerians” – Atiku
Atiku Abubakar, a former Vice President of Nigeria and prominent political figure, has expressed his concerns regarding the ongoing discussions about the Tax Reform Bills.
Through a statement posted on his X handle, Atiku emphasized the need for a fiscal system that is just, fair, and equitable for all Nigerians, urging that the reform process should not perpetuate inequalities between the states.
In his message, Atiku noted the widespread public discourse surrounding the tax reforms, stating that Nigerians are united in their call for a fiscal system that does not favor a select few states.
According to Atiku, it is crucial that the reforms do not inadvertently increase the disparity between the federating units.
He voiced concern over the potential for the reform bills to boost the status of certain states while unduly burdening others, further deepening the already existing inequalities.
“I have followed the intense public discourse on the Tax Reform Bills with keen interest,” Atiku began, acknowledging the nation’s frustration and desire for a tax system that serves the collective good.
He went on to emphasize that Nigerians are loud and clear in their demand for a fiscal system that upholds justice and fairness, calling for a tax structure that benefits all states equally.
Atiku also appealed for objectivity and transparency in the public hearing process being organized by the National Assembly.
He strongly believes that the hearings must be conducted with fairness and integrity to ensure that all stakeholders are included in the decision-making process.
This includes Civil Society Organizations, traditional institutions, politicians, public officials, and experts in relevant fields.
“Transparency and objectivity are essential for promoting accountability, good governance, and public trust in policy-making,” Atiku said, underscoring the importance of an inclusive process that allows all Nigerians, regardless of their background or position, to contribute to the discussions.
He further called on the National Assembly to make the resolutions of the National Economic Council public, recognizing it as an important body with the constitutional mandate to advise the President on economic matters.
The National Economic Council, which Atiku referred to, plays a critical role in shaping Nigeria’s economic policies.
It is composed of the 36 state governors, the Central Bank Governor, and other key figures, making it a crucial stakeholder in Nigeria’s economic affairs.
Atiku’s call for transparency from the National Assembly reflects a desire to ensure that the final tax reform bills align with the interests of the majority of Nigerians, especially those who might otherwise be overlooked in the process.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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