Untamed inflation: Nigerian workers eye 50% wage increase

Nigerian workers are calling for a 50% wage increase to help cope with the country’s high inflation. This demand was made by a senior official of the Nigeria Labour Congress (NLC) in an interview with DAILY POST. Although the minimum wage was raised in July 2024, workers say that the increase has been wiped out […]

Tinubu’s Reforms Unavoidable, Will Pay-Off, Orji Kalu Assures Nigerians

Senator Orji Uzor Kalu has voiced his strong support for the economic reforms initiated by President Bola Tinubu, assuring Nigerians that these changes will yield long-term benefits. During a New Year’s visit to Chief Daniel Eke, a former governorship aspirant in Abia State, Kalu emphasized that overhauling Nigeria’s outdated laws is essential for addressing current […]

Tax Reform: People Cursed Me, My Family Over Tax Reform Bills – Oyedele 

Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, recently shared his experience of facing harsh criticism, including personal attacks, from Nigerians over the controversial tax reform bills. Speaking at an event in Abuja, Oyedele explained that while the reforms have stirred strong debates, he remains committed to his role in […]

Tax Reform Bills Will See Light Of Day – NASS Assures Tinubu

The National Assembly has assured Nigerians that the Tax Reform Bills sent by President Bola Tinubu in October 2023 will be approved. These bills are aimed at qreshaping Nigeria’s tax system to boost the economy, support small businesses, and create a better environment for investment. The Senate President, Godswill Akpabio, and the Speaker of the […]

Nigerians Should Not Politicise The Tax Bill – TUC President, Festus Osifo –

The President of the Trade Union Congress (TUC), Festus Osifo, has advised Nigerians not to politicise the ongoing discussions about the controversial tax reform bills. He also cautioned against adding tribal or religious sentiments to the debate, saying these reforms are crucial but require adjustments to serve the majority of Nigerians better. Speaking during an […]

Sagay Cautions Tinubu Against Harmful IMF and World Bank Economic Advisories for Nigeria

Itse Sagay, a well-known Nigerian legal expert, has raised concerns about the economic policies recommended by the World Bank and the International Monetary Fund (IMF). He believes that these policies, often followed by developing countries like Nigeria, have historically worsened economic conditions rather than improving them. In an interview with The PUNCH, Sagay criticized the […]

Senate Forms Committee to Review Tax Reform Bills

The Nigerian Senate has created a committee to review tax reform bills sent by President Bola Ahmed Tinubu. Senator Abba Moro (PDP, Benue South) leads the team, which is expected to identify and resolve issues within the proposed reforms before public hearings are held. During the plenary session on Wednesday, Deputy Senate President Barau I […]

Tax Reform Bills to Ease Burden of Multiple Levies on Nigerian Investors — Presidency

The Nigerian government has strongly defended its controversial tax reform bills, aiming to set the record straight in response to claims that the reforms would unfairly benefit Lagos and Rivers states. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, took to the public stage to address the confusion and misinformation surrounding […]