Nigeria’s Debt to China, India, IMF, and Others Increases by ₦30 Trillion
The sharp fall of the naira has significantly increased Nigeria’s external debt in local currency terms, adding about ₦30 trillion between 2023 and June 2024. This increase highlights the economic impact of currency depreciation on the nation’s finances. Data from the Debt Management Office (DMO) shows that Nigeria’s external debt was $43.16 billion in June […]
South Africa Eases Visa Rules for Nigerian Tourists and Business people
South Africa has taken a significant step to strengthen ties with Nigeria by simplifying its visa rules for Nigerian travelers. President Cyril Ramaphosa announced on December 3, during the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, that Nigerian tourists no longer need to submit their passports when applying for visas. […]
National Assembly Confident in Passing Tax Reform Bills Despite Opposition – Senator Seriake Dickson
The National Assembly is determined to pass the tax reform bills despite facing resistance from various groups, including civil society organizations, traditional leaders, and even some lawmakers. Senator Seriake Dickson, Chairman of the Senate Committee on Ecology and Climate Change, made this clear during a media chat in Abuja on December 2. Senator Dickson, a […]
Tinubu Faces Backlash in Northern Nigeria Over Tax Reform Bills
President Bola Tinubu’s proposed tax reform bills have sparked intense debate and criticism, especially in Northern Nigeria. Many groups, including the National Economic Council, Northern Governors’ Forum, and Islamic leaders, have voiced strong opposition, calling the reforms an “anti-North agenda.” The four bills under discussion include: These bills aim to reform Nigeria’s tax system and […]
We Rejected Tinubu’s Tax Reform Bill as It Favors Lagos – Governor Zulum
Governor Babagana Zulum of Borno State has voiced strong opposition to President Bola Tinubu’s proposed Tax Reform Bill. Speaking with BBC News Hausa, Zulum explained that the bill heavily favors Lagos State while creating challenges for other parts of Nigeria, especially the North. The Governor warned that the tax reforms could lead to backwardness for […]
Senate Approves Tinubu’s Controversial Tax Reform Bills for Second Reading
On Thursday, the Nigerian Senate approved President Bola Tinubu’s highly debated Tax Reform Bills for a second reading. The four bills, which aim to overhaul Nigeria’s tax administration system, are at the heart of a major legislative push that could transform how taxes are collected and managed across the country. While these reforms have been […]
2027: Power Won’t Return to the North, Even If It’s Not Tinubu – Okupe
Doyin Okupe, a former presidential aide to former President Goodluck Jonathan, has firmly stated that power will not return to the North in Nigeria’s 2027 presidential election. Okupe made this bold claim during an interview on Arise TV, where he addressed the ongoing debate about the next presidential election and the possibility of a Northern […]
Bayo Onanuga Responds to Obasanjo as Port Harcourt Refinery Starts Operations
The Nigerian government has hit back at former President Olusegun Obasanjo after news broke that the Port Harcourt refinery has started operations, with trucks loading Premium Motor Spirit (PMS) for the first time. Obasanjo had previously expressed doubts about the possibility of Nigeria’s refineries working under government management. In 2023, he even stated that President […]
National Prayer Needed to Save Nigeria, Cleric Urges FG and Tinubu
A popular Nigerian cleric, Pastor Toye Ebijomore, has issued a strong warning to the federal government and Nigerians, stressing the urgent need for national prayer. According to the General Overseer of The God’s Anointed And Blessed Church International, the country’s survival depends on divine intervention. Speaking with journalists, Pastor Ebijomore urged President Bola Tinubu to […]
Nnamdi Kanu: Don’t Dishonour UN Like Buhari – Lawyer Ejimakor Tells Tinubu
Aloy Ejimakor, the lawyer for Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has appealed to President Bola Tinubu to honor a United Nations (UN) directive regarding his client. In July 2022, the UN Rights Council Working Group advised the Nigerian government to release Kanu and compensate him for alleged human rights violations. […]