News
Tinubu to Sign Four Tax Bills to Cut Taxes, Help Nigerians and Small Businesses
President Bola Ahmed Tinubu says Nigeria is set for a major economic shift as he prepares to sign four significant tax bills into law. In a post shared on his official X account Thursday, Tinubu explained that the new tax reforms are designed to do more than just tidy up tax laws, they are aimed at providing real relief to ordinary Nigerians.
“In the next few hours, I will be signing four major tax reform bills into law, marking a bold new chapter for our economy,” he stated. He noted that the reforms would introduce the first major tax cuts in years, with benefits focused on low-income earners, small business owners, and families struggling to keep up with daily living costs.
The tax bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill. Tinubu explained that these new laws will help bring together Nigeria’s scattered tax system, reduce waste, cut unnecessary processes, boost investor confidence, and ensure better transparency and coordination across all levels of government.
News
Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident
An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.
According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.
The survivor has since been taken for proper medical care, while further details are yet to be released.
Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.
News
Anthony Joshua Discharged from Hospital After Fatal Car Crash
It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.
The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.
Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.
News
‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law
It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.
This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.
“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”
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