Tag: Governance

  • Tax reform credibility test: lawmakers demand probe into ‘altered’ bills after passage

    Tax reform credibility test: lawmakers demand probe into ‘altered’ bills after passage

    Photo credit: The Punch
    2025-12-22 09:00:00

    Reporting by *The Punch* indicates Nigeria’s ongoing tax reform drive has hit a credibility storm, with fresh claims that versions of tax bills circulating publicly may differ from what lawmakers passed.

    The dispute is fueling calls for a formal probe to confirm the authentic text, track the legislative handling from committee to final transmission, and determine whether any post-passage changes occurred.

    Stakeholders argue that even the perception of tampering can undermine compliance, investor confidence, and the legitimacy of any reforms meant to widen the tax net and strengthen revenues.

    Pressure is also mounting for certified copies to be made publicly available—so citizens, businesses, and tax professionals can compare what was debated, what was passed, and what was ultimately forwarded for assent.

    Vanguard’s coverage of the controversy described growing calls for lawmakers to “probe” the alleged changes, while *The Guardian (Nigeria)* also framed the episode as a trust issue around “tax reform” that could complicate implementation if not clarified quickly.

    **Echotitbits take:** In tax policy, process legitimacy is policy legitimacy. If government wants compliance, it must publish final gazetted versions fast, show redlines where possible, and make legislative documentation audit-proof—otherwise reform becomes litigation and politics, not revenue.

    Source: The Punch — December 22, 2025 (https://punchng.com/alleged-alterations-in-tax-laws-spark-calls-for-probe/)

  • ICPC summons Dangote as petition over alleged $7m school-fees spending enters probe phase

    ICPC summons Dangote as petition over alleged $7m school-fees spending enters probe phase

    Photo Credit: The Nations
    2025-12-21 08:30:00

    In an update published by The Nation, the ICPC has invited Aliko Dangote in connection with his petition against the immediate past NMDPRA boss over allegations tied to public funds and overseas school fees.

    The report says the invitation is linked to preparations for a formal investigation panel, as the matter fuels debate about accountability in high-value regulatory offices.

    At the center is an allegation that more than $7 million was spent on children’s education abroad, prompting calls for a lifestyle and governance audit around the regulator.

    Premium Times confirmed Dangote “formally submitted a petition,” while ThisDay reported the petition “alleged that Ahmed spent over $7 million” on education-related expenses.

    Echotitbits take:
    High-profile petitions only matter if evidence is traceable. Watch for payment trails, asset declarations, and whether the probe expands into institutional controls that enabled the alleged spending.

    Source: The Nation — December 21, 2025 (https://thenationonlineng.net/icpc-invites-dangote-over-7m-school-fees-claim-against-ex-nmdpra-boss/)
    The Nation 2025-12-21

  • ADC asks Tinubu to halt tax reforms amid claims final law was altered

    ADC asks Tinubu to halt tax reforms amid claims final law was altered

    Photo Credit: The Punch
    2025-12-20 09:00:00

    Reporting by Punch indicates the African Democratic Congress (ADC) is demanding a suspension of Nigeria’s newly introduced tax laws, alleging that key sections were changed after National Assembly passage and presidential assent.

    The party frames the claim as a constitutional issue—arguing that post-assent changes would undermine legislative process and separation of powers.

    ADC says it wants a full investigation to determine who handled the alleged edits and whether prosecution should follow if wrongdoing is established.

    Daily Post said the ADC urged suspension over “alleged forged provisions,” while TheCable’s coverage captured ADC’s warning that “It is time to rethink our tax laws.”

    Echotitbits take:
    Whether proven or not, legitimacy is everything for compliance. Watch for certified “as-passed” copies, side-by-side comparisons with gazetted versions, and clear implementation guidance before take-off.

    Source: Punch — December 20, 2025 (https://punchng.com/adc-demands-suspension-of-tax-laws-over-modification-allegations/)
    Punch 2025-12-20

  • Tinubu arrives Lagos for holidays as end-of-year engagements begin

    Tinubu arrives Lagos for holidays as end-of-year engagements begin

    Photo Credit: The Punch
    2025-12-20 18:00:00

    According to Punch, President Bola Tinubu has arrived in Lagos to spend the Christmas and New Year holidays after official visits to Borno and Bauchi.

    The report says the President was received at the Murtala Muhammed Airport by Governor Babajide Sanwo-Olu and other state officials, marking the start of his end-of-year engagements in the state.

    Beyond the holiday optics, the visit doubles as a political homecoming for a former Lagos governor and a chance to hold quiet consultations as 2025 wraps up.

    The Punch account also notes that Tinubu is expected to attend select social and cultural events during the period, including the Eyo Festival later in the week.

    Channels Television wrote, “President Bola Tinubu is in Lagos for the Yuletide,” while TheCable noted the President would “begin a three-state visit to Borno, Bauchi and Lagos.”

    Echotitbits take:
    Lagos trips at year-end are rarely “just holidays.” Watch for who gets seen, who gets meetings, and whether any policy or political signals drop quietly—especially as blocs position for 2026.

    Source: Punch — December 20, 2025 (https://punchng.com/tinubu-arrives-lagos-for-end-of-year-holidays/?amp=)
    Punch 2025-12-20

  • Reps set up committee to verify alleged changes in Nigeria’s gazetted tax laws

    Reps set up committee to verify alleged changes in Nigeria’s gazetted tax laws

    Photo Credit: The Punch

    2025-12-18 10:00:00

    In an update published by Vanguard, Nigeria’s House of Representatives has constituted a seven-member ad hoc committee to examine allegations that gazetted tax laws differ from versions passed by lawmakers.

    The House says the issue goes to legislative integrity and public confidence, since agencies and taxpayers rely on gazetted texts for implementation and compliance.

    Committee members are expected to review records including Votes and Proceedings, harmonised versions adopted by both chambers, and the gazetted copies now in circulation.

    Premium Times reported the House was reacting to claims the gazetted laws “did not reflect what the National Assembly debated and approved.” Vanguard quoted the lawmaker who raised the issue saying, “I was here, I gave my vote and it was counted, and I am seeing something completely different.”

    Echotitbits take:
    If the committee confirms discrepancies, expect calls for corrections before full implementation to avoid litigation and compliance confusion. Watch for the committee’s report, any official certified copies, and whether timelines for rollout shift.

    Source: Vanguard — December 18, 2025 (https://www.vanguardngr.com/2025/12/reps-constitute-committee-to-probe-alleged-alterations-in-tax-laws/)
    Vanguard 2025-12-18

  • Reps open probe into alleged ‘edited’ gazetted tax laws as politics heats up

    Reps open probe into alleged ‘edited’ gazetted tax laws as politics heats up

    Photo Credit: Punch / File
    2025-12-19 12:00:00

    Punch reports that the House of Representatives has set up an ad hoc committee to investigate claims that versions of new tax laws in circulation differ from what the National Assembly passed.

    The controversy is high-stakes: investors and citizens need certainty on what the law actually says—especially ahead of the planned January 2026 effective date.

    Verification: Premium Times confirms the House set up a seven-member committee to probe alleged discrepancies, while The Guardian reported the political demand to shift commencement.

    Quotes: Premium Times: “set up a seven-member ad hoc committee to investigate alleged discrepancies…” The Guardian: “demanded that the commencement date… be shifted…”

    Analysis/Echotitbits take: If citizens believe laws can be altered after passage, legitimacy collapses. Watch for publication of an authenticated gazette, version control, and sanctions if wrongdoing is established.

    Source: The Punch — 2025-12-19 — https://punchng.com/reps-probe-tax-law-tweaks-pdp-demands-suspension/

    The Punch 2025-12-19

  • ICPC confirms receipt of Dangote petition against NMDPRA chief, says it will investigate

    ICPC confirms receipt of Dangote petition against NMDPRA chief, says it will investigate

    NMDPRA (as credited by Punch)
    2025-12-17

    The anti‑corruption agency ICPC says it has received a formal petition from billionaire industrialist Aliko Dangote against the chief executive of Nigeria’s downstream regulator, the NMDPRA, amid an intensifying dispute over fuel imports and regulation.

    The petition escalates a broader public battle between Dangote’s refinery interests and the regulator over licensing and market rules, with significant implications for Nigeria’s fuel pricing, import dependence and local refining strategy.

    Regulatory credibility is on the line: allegations of misconduct, if substantiated, could trigger leadership changes and policy shifts; if unproven, the episode could still deepen mistrust in the governance of the downstream sector.

    The coming days will likely feature competing narratives, lobbying from marketers, and calls for transparent disclosure around licences, volumes and pricing benchmarks.

    ICPC: “it received a formal petition… The ICPC wishes to state that the petition will be duly investigated.”

    Reuters: “You don’t use imports to checkmate domestic potential,” Dangote told reporters.

    Analysis/Echotitbits take: This is now bigger than personalities — it’s a test of Nigeria’s downstream reform story. Watch for ICPC’s investigative steps, any interim actions, and whether government moves to calm market nerves around supply and pricing.

    Source: Punch — December 17, 2025 — https://punchng.com/petrol-battlefield-icpc-plans-nmdpra-boss-probe-after-dangote-petition/

     

  • Reps set January deadline for CBN to reconcile alleged ₦5.2trn unremitted surplus

    Reps set January deadline for CBN to reconcile alleged ₦5.2trn unremitted surplus

    Photo Credit: Punch
    2025-12-16

    Nigeria’s House of Representatives committee investigating public revenue flows has fixed January deadlines for the Central Bank of Nigeria to submit reconciliation reports over an alleged ₦5.2 trillion unremitted operating surplus.

    According to the committee’s position, the reconciliation is to be completed with the Ministry of Finance and the Fiscal Responsibility Commission, after which the CBN governor is expected to appear before lawmakers for further clarification.

    The dispute goes to the heart of fiscal transparency: how government revenues are recorded, what qualifies as ‘operating surplus’, and whether remittances are made on time into the federation’s accounts.

    While investigations can improve accountability, they also raise questions about institutional friction between fiscal authorities and the apex bank at a time Nigeria needs coherent policy messaging to investors.

    The Guardian: Wale Edun said “Federal Government revenue is a critical aspect of government operations… We need clarity and accuracy in both fiscal and monetary management.”

    Channels TV: “The resolution was reached following a motion alleging non-remittance of over ₦5 trillion operating surplus and ₦11 trillion government revenue by the CBN.”

    Analysis/Echotitbits take: Expect more hearings and document requests — and possibly legislative pressure for quick remittances. Watch the reconciliation timeline, any updated figures, and whether this spills into broader debates about CBN governance and oversight.

    Source: Punch — December 16, 2025 — https://punchng.com/reps-give-cbn-deadline-to-reconcile-n5-2tn-unremitted-operating-surplus/

     

  • Revenue sharing formula review gains steam amid calls for deeper fiscal federalism

    Revenue sharing formula review gains steam amid calls for deeper fiscal federalism

    PunchNG (illustrative image)
    2025-08-24

    Writing in ThisDay, analysts argue Nigeria’s revenue sharing formula is due for a rethink, noting the structure continues to shape monthly allocations and fiscal behaviour across the three tiers of government.

    The debate ties into calls for deeper fiscal federalism so responsibilities and resources better align at subnational levels.

    Any review is likely to reopen negotiations around derivation, VAT sharing and constitutional constraints.

    PRNigeria: “RMAFC commenced a review of the revenue sharing formula…”

    The Punch (editorial): “for a new allocation formula…”

    Analysis/Echotitbits take: The hardest part is political bargaining over who gains and who loses. Watch for a formal RMAFC proposal, National Assembly timelines, and whether derivation/VAT sharing becomes the main flashpoint.

    Source: ThisDay — August 24, 2025 (https://www.thisdaylive.com/2025/08/24/issues-in-the-revenue-sharing-formula/)

  • Labour movement rallies nationwide protest over worsening insecurity

    Labour movement rallies nationwide protest over worsening insecurity

    Unsplash (source.unsplash.com)
    2025-12-15

    In a report by Vanguard, the Nigeria Labour Congress (NLC) urged workers and civil society allies to protest nationwide against worsening insecurity, with Abuja among focal points.

    The mobilisation reflects how security failures are increasingly being framed not only as policing issues but also as economic and worker-welfare crises affecting commuting, business activity, and daily costs.

    Vanguard (original report): “take to the streets…in a nationwide protest against…worsening insecurity.”

    Note: “Two additional mainstream validations with direct quotes were not available in retrieved sources for this session.”

    Analysis/Echotitbits take: If turnout is strong, pressure will mount for concrete security deliverables. Watch the police posture, route approvals, and whether labour sets follow-up timelines or escalates into broader industrial action.

    Source: Vanguard — December 15, 2025 (https://www.vanguardngr.com/2025/12/nlc-rallies-workers-allies-for-protest-over-insecurity/)