The Obi of Onitsha, His Royal Majesty, Nnaemeka Achebe, has cautioned the political class against the level of corruption in Nigeria which he likened to milking the country dry. EKO HOT BLOG reports that Achebe warned that Nigeria might die if the political class and leaders in the country continue to milk the country. He … Read more
Taiwo Oyedele, Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, has firmly rejected any plans to engage Alpha-Beta Consulting or other external consultants for tax collection. EKO HOT BLOG reports that speaking at a town hall meeting hosted by Channels Television on Monday, Oyedele addressed concerns regarding the use of external consultants … Read more
Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has explained the reasoning behind the proposal to rename the Federal Inland Revenue Service (FIRS) to the Nigeria Revenue Service (NRS). EKO HOT BLOG reports that the name change is part of the Nigeria Revenue Service Establishment Bill, currently before the National … Read more
Nigeria is once again grappling with a situation many hoped to never revisit—cash scarcity. The country experienced a similar ordeal in early 2023 when the then President Muhammadu Buhari-led administration introduced new naira notes and abruptly banned the old ones. What followed was nothing short of chaos. With old notes withdrawn and the new currency … Read more
The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of a vast property located in the Federal Capital Territory (FCT) following a ruling by Judge Jude Onwuegbuzie of the FCT High Court on Monday. EKO HOT BLOG reports that the forfeited property, covering 150,500 square meters and consisting of 753 duplexes and … Read more
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has identified inadequate funding as a key factor hindering local government autonomy in Nigeria. He expressed these concerns at a National Dialogue on Local Government Reform and Constitutional Amendment held in Abuja. EKO HOT BLOG reports that Tajudeen, represented by Deputy Speaker Hon. Benjamin Okezie … Read more
The Chairman, Independent Corrupt Practices and Other Related Offences Commission, ICPC, Musa Aliyu has said that 70 percent of Nigerians who were approached for a bribe in 2023 refused to comply. Aliyu made this disclosure in statement on Monday during an ICPC roundtable with state attorneys-general in the north-west region, held in Kano. EKO HOT … Read more
Two transporters, Taofeek Olatunbosun and Rafiu Abdelmalik, were allegedly brutalized by Nigerian Customs Service officers and soldiers at a checkpoint on the Badagry-Seme Expressway over the weekend for making a video. The duo, suspected by the officers of supplying journalists with information about smuggling activities, claimed they were tortured after being accused of espionage. The … Read more
President Bola Tinubu has arrived in Cape Town, South Africa, to co-chair the 11th session of the Nigeria-South Africa Bi-National Commission alongside President Cyril Ramaphosa. EKO HOT BLOG reports that Tinubu’s arrival was confirmed by Frederick Nwabufo, the Senior Special Assistant to the President on Public Engagement, in a statement shared on X. According to … Read more
An erstwhile Speaker of the House of Representatives, Yakubu Dogara has chided the lawmaker representing the Borno South Senatorial district, Senator Ali Ndume over the latter’s consistent criticism of the President Bola Tinubu’s government. Dogara stated thus on Monday at Channels TV’s Town Hall meeting on the controversial Tax Reform Bills introduced by the executive. … Read more
The Peoples Democratic Party (PDP) and other stakeholders have urged the Federal Government to engage in wider consultations on the controversial tax reform bills currently before the National Assembly. These include the Nigeria Tax Bill 2024, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill, all aimed at … Read more
The 2023 presidential candidate of the Labour Party, LP, Peter Obi, has called on the federal government to hold a public hearing before enacting the proposed tax reform bills. Obi, in a statement on Monday, emphasized the significance of tax reform, noting that while it is a critical issue and should be approached with transparency … Read more
Senator Orji Uzor Kalu, representing Abia North, disclosed that Simon Ekpa, the self-proclaimed leader of the proscribed Indigenous People of Biafra (IPOB), issued threats against him for not endorsing the agitation for Biafra. Speaking during an interview with Arise Television on Monday, Kalu recounted the threats and reaffirmed his commitment to national unity. EDITOR’S PICKS … Read more
A former Speaker of the House of Representatives, Yakubu Dogara has urged Nigerians to be fair in their assessment of the Tax Reforms Bills. Dogara stated this on Channels Television’s Special Town Hall on the Tax Reform Bills which aired on Monday. EKO HOT BLOG reports that President Bola Tinubu sent the Tax Reform Bills … Read more
A midnight fire swept through a farmers’ market, locally known as “Oja Agbe,” at Moniya in Akinyele Local Government Area of Oyo State, destroying properties worth millions of naira. The fire, which broke out around midnight, damaged several shops, containers, and kiosks before firefighters contained it. Editors Pick: Elon Musk’s $101 Billion Tesla Pay Package … Read more
The Nigeria Labour Congress (NLC) has condemned Ebonyi State Governor Francis Nwifuru for threatening to dismiss workers striking over the non-implementation of the ₦70,000 national minimum wage. Governor Nwifuru, speaking at the Government House in Abakaliki on Monday, warned that striking employees who fail to resume work risk being sacked, with their salaries withheld. He … Read more
The Presidency has dismissed claims that the Tax Reform Bills are being rushed through the National Assembly, emphasizing that the process reflects over 14 months of rigorous work. Temitope Ajayi, Senior Special Assistant to the President on Media and Publicity, stated on Monday that more than 80 professionals across the country contributed to the reforms, … Read more
The lawmaker, representing Abia North Senatorial District, Orji Kalu, has faulted the federal government for failing to involve key stakeholders in the ongoing discussions over the proposed tax reform bills. EKO HOT BLOG recalls that in October, President Bola Tinubu asked the national assembly to consider and pass four tax reform bills. The legislations are … Read more
The Gale’s Club, comprising the alumni of Class 9A (1976–1979) of the Lagos State School of Nursing, Awolowo Road, Ikoyi, Lagos, is set to embark on a remarkable philanthropic initiative. On December 5, 2024, the club will donate essential medical equipment to the General Hospital in Lagos and the School of the Blind, Idioro. This … Read more
Tragedy struck in the early hours of Monday as a devastating fire claimed the lives of a customs officer, Tijani Kabiru, his wife, and four of their children in Ede, Osun State. The fire, reportedly caused by a spark from a solar panel, engulfed their home in the Akankan area of the Olowopoku community. The … Read more