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Shehu Sani Backs Tax Reform Bill And Calls for Fairer VAT Distribution

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Shehu Sani has called for support for the proposed Tax Reform Bill, citing the urgent need to address the current inequities in Nigeria’s tax system.

In a post on his X handle, Sani reacted to a recent revelation by the Chairman of the Federal Inland Revenue Service (FIRS) before the House of Representatives.

According to the FIRS Chairman, 70% of the Value Added Tax (VAT) revenue is generated by just four states: Lagos, Rivers, Oyo, and the Federal Capital Territory (FCT).

Sani mentioned the disparity in VAT distribution, using the example of MTN, which pays most of its VAT in Lagos despite providing services across all states.

He described the situation as unjust and argued that the Tax Reform Bill is a necessary step toward ensuring fairness and equity in resource allocation.

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He urged critics of the Bill to set aside political biases and carefully examine the document, stressing that many of the concerns raised against it are unfounded.

The Tax Reform Bill aims to restructure Nigeria’s tax system, ensuring a more balanced distribution of resources among states.


 

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PDP Says 2027 Election Is Between Tinubu and the Suffering Nigerians

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The Peoples Democratic Party (PDP) has said that the 2027 elections will not be a typical political battle but a showdown between President Bola Tinubu and the everyday struggles of Nigerians.

Speaking on Thursday while presenting a Certificate of Return to Anambra governorship candidate Ezenwafor Jude, PDP Acting National Chairman, Ambassador Umar Damagum, emphasized that the elections won’t be about political titles or the number of governors any party controls.

He said, “This election is between Tinubu and the living conditions of Nigerians. It’s not about governors or senators. It’s APC versus the people. The pain being felt across the country is not accidental — it’s the result of bad policies. Nigerians have a chance to change that.”

Addressing the recent wave of defections in Delta State, where Governor Sheriff Oborevwori, former governor Ifeanyi Okowa, and several cabinet members left the PDP for the APC, Damagum expressed disappointment.

He said the PDP had been extremely supportive of Delta State over the years and didn’t expect such a political move from a state that had benefited greatly from the party.

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According to him, “If there’s any state that shouldn’t have taken this step, it’s Delta. We’ve supported them all through, from Okowa’s emergence to his selection as vice-presidential candidate. We expected better, but the party has weathered worse and we’ll keep moving forward.”


 

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Tariffs Make Fast Fashion More Expensive and Push Shoppers To Secondhand

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The fast fashion world is going through serious changes right now, and it all boils down to one thing: tariffs. As of early 2025, the U.S. government has slapped a 10% import duty on goods from China, and fashion retailers are feeling the heat. These new rules also ended the duty-free benefit for items under $800, a loophole that companies like Shein and Temu had relied on for years to keep prices low and deliveries fast.

Now that’s changing. Clothes coming in from China must go through full customs checks and extra costs, which are already starting to impact how much you’ll pay at checkout.

To survive this shift, fashion companies are tweaking their operations fast.

Take ASOS for example. The British online fashion store closed its U.S. warehouse and now ships orders from the UK. It also reduced its dependence on China—only 5% of what it sells to U.S. customers is made there now.

Steve Madden, known for its shoes, is cutting back on Chinese manufacturing too—by nearly half. The brand is looking into alternative locations that won’t attract those tariffs, possibly shifting production to places like India or Vietnam.

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Smaller labels and indie brands are also affected. Many are thinking about bringing production closer to home or moving it to nearby countries. But switching factories is expensive and not easy, especially for businesses that are already running on thin margins.

What About Us—the Shoppers?

All this behind-the-scenes movement eventually hits us, the buyers. And the effects are already being felt.

Prices are expected to go up for many fast fashion items. Because of that, more shoppers—especially young ones—are turning to secondhand and thrift options. According to recent surveys, almost 60% of people say they’ll shop more secondhand this year if new clothes become pricier. Among Millennials, that number jumps to nearly 70%.

And it’s not just about saving money. Many Gen Z and Millennial consumers are already drawn to secondhand fashion for environmental reasons, and now rising prices are just pushing them further in that direction.

Some experts hoped that slowing fast fashion might be a win for the planet. But it’s not that simple.

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Switching production from China to other countries might lower the impact of tariffs, but it doesn’t always help the climate. In fact, longer shipping routes and less efficient factories in new locations might even make things worse. Plus, fast fashion as a whole still relies on constant consumption—and that’s the real issue.

What’s Next?

Fashion brands are in a tight spot. They want to keep prices competitive, stay trendy, and not lose loyal customers. But with tariffs now in play, many are being forced to rethink their supply chains, pricing strategies, and even their brand identity.

As this unfolds, shoppers can expect a few key shifts—higher prices for new clothes, longer delivery times, and more attention on secondhand and resale platforms. This moment could reshape how we all shop, how brands operate, and how fashion works on a global scale.


 

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Federal Government Pays N50bn to University Staff to Clear Old Allowances

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The Federal Government has released N50 billion to settle unpaid earned allowances owed to academic and non-academic staff of federal universities.

This was revealed by the Minister of Education, Dr Maruf Alausa, in a statement shared by the ministry’s spokesperson, Folasade Boriowo, on Wednesday.

According to him, the disbursement fulfils a promise made by President Bola Tinubu to the university unions.

Also, the statement stated that the payment reflects the president’s dedication to revamping Nigeria’s education system and shifting the country’s focus from depending on resources to building a knowledge-driven economy. This, it said, would be achieved through meaningful investments in education, infrastructure, and people.

Dr Alausa emphasized that the move is more than just settling debts. He described it as a show of faith in young Nigerians and a recognition of the vital role played by university staff in shaping the next generation. He also assured that efforts are ongoing to ensure that strikes in the university system become a thing of the past.

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For years, academic unions in federal universities have clashed with various administrations over delays in payments and unfulfilled agreements. In the 2025 budget, the government earmarked N3.52 trillion for the education sector—7.3 percent of the total N54.99 trillion national budget.


 

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