By Joke Kujenya PLANS TO begin implementation of Nigeria’s new tax laws on January 1, 2026, will proceed as scheduled despite mounting opposition and public debate, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms (PCFPTR), Taiwo Oyedele, has said. Oyedele spoke on Friday in Lagos while briefing journalists after a ...
By Jemimah Wellington, JKNewsMedia Correspondent BUDGET IMPLEMENTATION timelines are set to shift to March 31, 2026, under a formal request transmitted by President Bola Tinubu to the House of Representatives seeking legislative approval to extend the lifespan of the 2025 Appropriation Act and curb overlapping fiscal cycles. The request was co...
By Jemimah Wellington, JKNewsMedia Correspondent QUESTIONS OVER the integrity of Nigeria’s tax reform legislation surfaced on the floor of the House of Representatives after a lawmaker alleged that the version of the law released to the public differs from what lawmakers approved during plenary. The issue emerged during Wednesday’s sitting wh...
By Jemimah Wellington, JKNewsMedia Correspondent MAJOR CHANGES within the nation’s security leadership followed the nomination of General Christopher Gwabin Musa as Minister of Defence after the resignation of Alhaji Mohammed Badaru Abubakar. This development surfaced through a formal communication to the Senate, where the Presidency set out ...
By JKNewsMedia Reporter GROWING EVIDENCE of diet-linked illnesses propelled fresh demands for a stronger sugar-sweetened beverage tax during a Senate public hearing, where health officials, civil society groups and public-health advocates urged lawmakers to abandon the fixed N10-per-litre duty and adopt a percentage-based system tied to retai...
By Jemimah Welligton, JKNewsMedia Correspondent HEIGHTENED SECURITY threats against Nigeria’s National Assembly (NASS) have triggered fresh calls for a formal security architecture within the legislature, following confirmation that terrorists recently issued threats to bomb the parliamentary complex in Abuja. The revelation came from the Hou...
By JKNewsMedia THE HOUSE Committee on Nigerian Content Development and Monitoring (HCNCD) has expressed deep satisfaction with the progress of Zobis Cable Nigeria Ltd, describing the Onitsha-based manufacturer as a model of indigenous innovation and industrial capability. During an oversight visit to the company’s facilities in Onitsha, Anamb...
By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s NATIONAL Assembly has suggested shifting the country’s next general elections to November 2026, six months earlier than the usual February or March schedule. The proposal forms part of the Electoral Act (Amendment) Bill 2025, which was unveiled during a joint public hearing of the Sen...
By Hope Donalds, JKNewsMedia Reporter MORE THAN thirty federal ministries, departments, and agencies have been indicted by the House of Representatives over financial infractions totalling N103.8 billion and $950,912.05, following a motion adopted on Tuesday. The sweeping indictment arose from the findings of the Public Accounts Committee, wh...
By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s TAX system has entered a new era following the signing of four major reform bills into law at the Presidential Villa in Abuja. Designed to simplify, unify, and modernise tax administration across the country, the legislation marks a critical shift in fiscal governance. The bills tagged...
