News
Sheikh Gumi Supports Tax Reform Bills but Urges Changes to VAT for Fairness
Islamic cleric and scholar Sheikh Ahmad Abubakar Gumi has weighed in on the ongoing controversy surrounding the proposed Tax Reform Bills, which have faced strong opposition from northern governors, lawmakers, and traditional rulers.
The cleric described the bills as beneficial for all Nigerians, although he called for a review of the contentious Value Added Tax (VAT) component.
The Tax Reform Bills have sparked heated debates since they passed the second reading in the Senate last Thursday.
Northern leaders, including governors and members of the legislature, have expressed concern that the reforms could disproportionately impact their region.
Many traditional rulers have also voiced their apprehension, citing fears of economic imbalance and potential hardship for the already vulnerable populations in the North.
Addressing the matter on Tuesday, Sheikh Gumi emphasized that, while the tax bills are a step in the right direction for Nigeria’s economic progress, the contentious VAT provisions need careful reconsideration.
He stated that reviewing the VAT structure could alleviate the concerns of northern stakeholders without undermining the broader benefits of the proposed reforms.
In his words, “The Tax Reform Bills are fundamentally a good package for the nation.
However, the Value Added Tax element, which has raised significant concerns, should be reassessed to ensure it does not unfairly burden any region or group of people.”
News
The Nigerian Government Receives $52.88M Recovered from Galactica Assets
Nigerian Government receives $52.88m from the United States recovered from the Galactica assets. The Attorney-General of the Federation and Minster Of Justice, Lateef Fagbemi revealed that a formal signing ceremony was held for Nigeria and the Unites States on Friday in Abuja.
Fagbemi states that $50 million of the assets will be sent to the World Bank for the rural electrification project, while the remaining money will be sent to the International Institute of Justice to expand the justice system.
The President of Nigeria, Bola Ahmed Tinubu also used the event as an opportunity to address the issue of corruption in the country.
News
NYSC Addresses Allegations Over Queries Issued to Corps Members in Oyo State
NYSC denies allegations of issuing queries to 200 corps members in Oyo state for missing a Christmas Carol. A statement was released by the NYSC’s spokesperson, Eddy Megwa, addressing the issue at hand.
“The NYSC respects the religious rights of all corps members and remains committed to fostering unity and tolerance.” The spokesperson stated that the queries were given due to the corp members failing tom participate in their CDS (Community Development Service ) activities.
She added that the corp members were not present at their places of primary assignment during the period.
Entertainment
Gospel Singer Moses Bliss Announces Wife’s Pregnancy with Photoshoot
Gospel Singer Moses Bliss announces and celebrates pregnant photoshoot with his wife. Fans congratulate the happy couple on this news and wish them a good life.
The gospel singer captioned the photo “This is the doing of the Lord”.
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