Fixing Nigeria’s Tax System: Tinubu, Zacch, and Oyedele’s Winning Formula

Nigeria’s journey toward a more efficient, fair, and customer-friendly tax system has taken a giant leap forward with the recent passage of the Tax Reform Bills by the National Assembly. This milestone is not just a victory for the Federal Government but a well-coordinated effort that deepens the commitment of President Bola Ahmed Tinubu, the National Assembly, the Presidential Fiscal Policy and Tax Reform Committee led by Mr. Taiwo Oyedele, and the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch A. Adedeji PhD.

#TaxReformBills 1/6 President Tinubu’s Vision for Economic Growth

From the beginning of his administration, PBAT made it clear that Nigeria’s tax system needed urgent reform. His vision was centered on advancing economic growth, attracting investments, and ensuring that taxation is fair, efficient, and supportive of businesses. His commitment to fiscal discipline and a transparent tax regime led to the establishment of the Presidential Fiscal Policy and Tax Reform Committee, which signaled his administration's seriousness about tackling Nigeria's long-standing tax inefficiencies.

Mr. President also played a crucial role in engaging stakeholders, ensuring the reform process was inclusive. His leadership in driving policy discussions and engaging the National Assembly demonstrated a hands-on approach to governance, making the reforms not just a government initiative but a national economic strategy.

#TaxReformBills 2/6

FIRS is recruiting into experienced positions. Goodluck.

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Oyo Guber 2023: The Choices Before Us Are Not Difficult - Akin Akinwale

The postponement of gubernatorial elections by INEC has given Oyo residents yet another chance to reflect on their choice of Governor come Saturday 18th March. The choices before us are not difficult, it is a choice between continued enslavement of our Local Governments and their autonomy; between safety and insecurity; between people-oriented policies and sheer populism.

OBj would have nothing to do with June 12 struggle. Asiwaju Bola Ahmed Tinubu however ensured Lagosians never departed from June 12 and the sacrifices of Abiola and others in the struggle.

Oregun Road was reconstructed and renamed Kudirat Abiola Way.
#BAT2023 A new Housing Estate in Ajah built by Tinubu’s government was named after Pa Abraham Adesanya.

The media centre inside the Governor’s Office was named after Bagauda Kaltho, a journalist who disappeared in mysterious circumstances during the Abacha years.
#BAT2023

The then CPS to Governor Lam Adesina said Lam was worried & had concerns that Asiwaju Bola Tinubu may lose his re-election in 2003 because of his failure to align with OBJ

The 5 other Governors fell for OBJ’s antics and openly worked for his 2nd term in office.
#SundayFunDay A new lexicon in Oyo State, Aremu Oke and Aremu Isale. AD in Oyo, PDP in Abuja.

But at the end of the day, OBJ trounced then, with the deployment of all the tricks and antics you can think of.
#SundayFunDay

Asiwaju Bola Tinubu to chair Abiola Ajimobi yearly roundtable

The third yearly Abiola Ajimobi roundtable will hold tomorrow, December 16, 2020. This year’s event is being organised by the Senator Abiola Ajimobi Foundation (SAAF) @AAAjimobi
guardian.ng/news/tinubu-to… We are getting set 😎

Executive Summary of the 2021 budget speech delivered at the Kwara State House of Assembly by Kwara State Governor AbdulRahman AbdulRazaq @RealAARahman on December 14, 2020.
#KwaraBudgetProcess Protocols

I am here this afternoon to lay the fiscal proposal for year 2021 before this Honourable House. This is a tradition in every democracy and the essence is to ensure that public funds are allocated and spent in manners that serve the best interest of the people.

The operators of majority of the oil and gas fields in Nigeria are the multinationals and other local investors.
#20YearsNoPIB All the investors, whether multinational or local, want good returns on their investments and some certainty in the applicable legal regime, while the local indigenous peoples of the Niger Delta, 1/2
#20YearsNoPIB

Lagos to establish fish center to boost production

H.E @jidesanwoolu, says the @followlasg is to establish the Lagos Aquaculture Centre of Excellence (L.A.C.E) in collaboration with a private sector investor in order to boost fish production in the State.
#LagosSeaFoodFestival Governor Sanwo-Olu who disclosed this over the weekend at the Y2020 edition of the Lagos Seafood Festival held at the Muri Okunola Park, Victoria Island explained that the Centre is expected to generate 1/2
#LagosSeaFoodFestival

HOW TO RESPECT YOURSELF

(1) Stop looking for who is not looking for you.
(2) Stop begging.
(3) Stop saying more than necessary.
(4) When people disrespect you, confront them immediately.
(5) Don't eat other people's food more than they eat yours.

Copied on WhatsApp (6) Reduce how you visit some people, especially if they don't reciprocate it.
(7) Invest in yourself. Make yourself happy.
(8) Stop entertaining gossip about other people.
(9) Think before you talk. 80% of how people value you is what comes out of your mouth.

What you need to know about Nigeria’s Petroleum Industry Bill.

Crude oil dominates Nigeria’s economy, accounting for around 90% of export earnings. #NigeriaNeedsPIB The country has the largest oil and gas reserves in sub-Saharan Africa with an estimated 37bn barrels of oil and 188 trillion cubic feet of gas. #NigeriaNeedsPIB

Earlier today, reps. of Lagos State First Lady, Dr. (Mrs.) Ibijoke Sanwo-Olu @JokeSanwoolu actively participated at the House of Assembly Public Hearing on Bill to establish the Lagos State Domestic and Sexual Violence Agency and the Sex Offenders Register, 1/2
#OrangeTheWorld as well as Community Sensitization Meeting on Sexual and Gender-Based Violence (#SGBV), held at Alimosho General Hospital. (2/2)
#LagosSGBVWeek2020 #OrangeTheWorld

The Petroleum Industry Bill is perhaps the most talked about piece of legislation in Nigeria given the far reaching reforms which it proposes to an industry which is the single most significant contributor to the national economy. #PIBIsOverdue Originally introduced in December 2008, the bill has undergone numerous revisions and has been the subject of intense debate. #PIBIsOverdue

Rather than focus on the core objective of petroleum industry reforms, the actors have resorted to endless political gamesmanship to secure the greatest advantage for their respective constituencies. #NASSPassPIB These were never the objectives of petroleum industry reforms. In the end both the nation and its constituent parts have suffered the consequence of stalemate. The zero-sum approach has yielded no winners. #NASSPassPIB

Asides professionals and some politicians who are aware of the contentious bill by the name PIB, others do not understand what the PIB is about.

Let me break it down #NASSGiveUsPIB PIB is a bill that, when passed as an Act, becomes the master reference law that governs the Nigerian petroleum industry – from the upstream division (exploratory, development and production activities) #NASSGiveUsPIB

It's Liverpool vs Sheffield
#LIVSHU Penalty to Sheffield
#LIVSHU

A report in February says that Nigeria’s legislature was consulting with the President to draft “from scratch” a bill overhauling the nation’s petroleum sector and aimed to pass it by the end of 2020.
#NaijaNeedsPIB The signing of the bill would come at a much needed time as Nigeria deals with falling oil revenues due to the impact of the pandemic on global oil demand. #NaijaNeedsPIB