Omooba77: President Bola Tinubu has written the Senate and the House of Representatives four different executive bills for far-reaching tax reforms.
One of the reforms is seeking the renaming of the Federal Inland Revenue Service, FIRS, to the Nigeria Revenue Service, NRS.
The name-changing bill for FIRS is contained in the letter read on the floor of the Senate by its President, Godswill Akpabio, and the Speaker, House of Representatives, Tajudeen Abbas.
Entitled “The Nigeria Revenue Service (Establishment) Bill,” according to President Tinubu, it seeks to repeal the Federal Inland Revenue Service (Establishment) Act, No. 13, 2007, and establishes the Nigeria Revenue Service, to assess, collect, and account for revenue accruable to the government of the federation.
Another reform bill in the letter entitled “Transmission of Fiscal Policy and Tax Reform Bills to the National Assembly,” is The Nigeria Tax Bill, which seeks to provide a consolidated fiscal framework for taxation in Nigeria.
Also, there is the Nigeria Tax Administration Bill. It seeks to provide a clear and concise legal framework for the fair, consistent and efficient administration of all the tax laws to facilitate ease of tax compliance, reduce tax disputes and optimize revenue.
Furthermore, there is the Joint Revenue Board (Establishment) Bill. It aims to establish the Joint Revenue Board, the Tax Appeal Tribunal and the Office of the Tax Ombudsman for the harmonization, coordination and settlement of disputes arising from revenue administration in Nigeria.
According to President Tinubu, the proposed tax bill presents substantial benefits to a library, government connectives and economic growth by enhancing tax payers compliance, strengthening fiscal institutions, and fostering a more effective and transparent fiscal regime.
The President said: “In this, I am confident that these bills, once passed into law, will encourage and stimulate the economy.
“While I pray that the House of Representatives will, in their usual expeditious manner, consider and enact these bills into law, please accept, Mr Speaker, the assurances of my highest consideration and regards.”
treesun: Justice Evelyn Maha, of a Federal High Court in Abuja, has issued an order restraining the Directorate of the Road Traffic Services, commonly known as the Vehicle Inspection Office, from stopping, impounding or confiscating vehicles on the road.
The court also barred the Road Traffic Services from imposing fines on motorists.
The judgment, delivered on October 2 by Justice Maha, stemmed from a fundamental rights enforcement suit filed by human rights activist and public interest attorney Abubakar Marshal.
Justice Maha, in the judgment, agreed with the applicant’s contentions that there is no legal basis for the VIO and its officials to stop, impound, or confiscate vehicles or to levy fines against motorists.
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The applicant, in a suit marked FHC/ABJ/CS/1695/2023, sued the Directorate of Road Traffic Services, the Director, Directorate of Road Traffic Services, Mr Leo, the Area Commander, Directorate of Road Traffic Services (as at December 12, 2023) Onoja Solomon, Team Leader, Directorate of Road Traffic Services, Jabi Area command, the Minister of the Federal Capital Territory, as 1st to 5th respondents respectively.
Marshall in his originating motion on notice among others, had asked the court for a declaration that the “1st to 4th respondent under the control of the 5th respondent, herein are not empowered by a law or status to stop, impound or confiscate the vehicle of motorists or impose fine on motorists and doing so is wrongful, oppressive and unlawful as it violates the fundamental human right of such motorists to fair hearing, freedom of movement and presumption of innocence and therefore unlawful by virtue of section 6(6)(B) 35 (1)( and (12) and 41 and 42 of the Constitution of the Federal Republic of Nigeria 1999 as amended and article 2(7) (b) 12 and 14 of the African Charter of human and peoples right”.
The court in its judgment, issued a restraining order against the respondents, preventing them and their agents from impounding or confiscating vehicles or imposing fines, labelling such actions as wrongful, oppressive, and unlawful.
Justice Maha further granted a perpetual injunction to protect the rights of Nigerians, ensuring their freedom of movement, presumption of innocence, and right to own property without lawful justification.
The court in its judgement held that “the 1st (Directorate of Road Traffic Services) to 4th Respondents under the control of the 5th Respondent (Minister of the Federal Capital Territory) are not empowered by any law or statute to stop, impound, confiscate the vehicles of motorists and or impose fine on motorists.”
The court also gave “an order restraining the 1st to 4th respondents either through their agents, servants and or assigns from impounding, confiscating the vehicle of motorists and or imposing fine on any motorist as doing so is wrongful, oppressive and unlawful by themselves.”
The court made an order of perpetual injunction restraining the respondents whether by themselves, agents, privies, allies or anybody acting on behalf of the 1st respondent from further violating the rights of Nigerians to freedom of movement, presumption of innocence and right to own property without lawful justification inter alia.
Actress Iyabo Ojo excited as daughter gifts her N5 million for upcoming movie
Nollywood actress and film maker, Iyabo Ojo, is over the moon after receiving a generous N5 million gift from her daughter, Priscilla Ojo, to support her upcoming movie project, ‘Labake Olododo’.
In a series of videos shared on social media, the 23-year-old social media influencer hired a gifting company, and they stormed her mother’s movie set.
Iyabo Ojo was presented with a N5 million cheque from her daughter, Priscy, along with a bouquet of red roses. Surrounding the movie star, praise singers and traditional drummers filled the air with music as they serenaded her.
The video captured Iyabo Ojo’s joyful reaction to her daughter’s gift. The actress was overjoyed, dancing with delight as she held her bouquet of roses.
Iyabo Ojo is known as one of Nollywood’s most talented and versatile actresses. With over 20 years in the industry, she has appeared in many movies and won several awards. Besides acting, Iyabo has also succeeded as a producer, making films that connect with a wide audience.
Her latest cinematic movie ‘Labake Olododo’ marks a huge milestone after the success of Iyabo Ojo’s show, My Inner Mirror, now streaming on YouTube via her personal channel, iyaboojotv.
Fans of Iyabo and Priscilla quickly showed their love and support. Social media was filled with positive reactions, with many praising Priscilla for her generosity and support of her mother’s career.
Some reactions are shown below:
rosedek2021 said, “Im actually tearing up here. What a priceless Treasure Priscy is. Iyabo you’re greatly favoured by God but your children will be much more greater than you by God’s grace.”
ng_winerack said, “You will continue to eat fruit of your labour Amen. ❤️❤️❤️”.
olori_olak said, “I khadijat will eat d fruit of my labour. I don dey eat am oooooo and I will continue to enjoy it.Amin”.
olu3989 said, “my children will make me proud ijn🙏 congratulations this is the joy of every mother 😍”.
mees_rammyy said, “Watch ole idumota tell the whole iyabo sent her to for olosho to go and collect money, bla bla bla”.
Mynd44: Why will you take it from the rent when you can buy your own meter, register it in your name and it becomes yours so that when you leave, you can take it with you?
@OP, there is no way to calculate how much you power you use at this point, your best bet is to go get your own meter and register it in your name. This becomes yours and you can replicate it if/when you move out. You don't even need the landlords permission for this
best response here. Mynd44, you are much on point. You have much experience with it before
Nigerian Woman Amasses ₦4.2m in Savings Box After 9 Months
A Nigerian woman has inspired others as she amassed a whopping sum of ₦4.2m in savings box after 9 months of consistency.
The viral video of the woman opening her savings boxes has sparked a wave of discussion among curious online users.
Sharing on TikTok, the woman @chiegeskincare disclosed that she embarked on her saving journey in January and intends to open her savings in December.
On the contrary, the alarming rate of household expenses eventually forced her to open her savings box before the intended date, being the breadwinner of her family.
As shown in the clip, two savings boxes; a rectangular box and a square-shaped box were incorporated to save money for 9 months.
As the box was opened, an incredible bounty of 500 and 1000 Naira notes poured forth, forming an abundance of wealth.
She was motivated by a man who amassed ₦5 million from his savings box, the previous year.
A total of ₦4,220,000 was unveiled, representing the collective amount in her savings box for 9 months.
Internet users trooped into the comment section, applauding her for being consistent and disciplined. Viewers jubilated that she didn’t meet an empty saving box, similar to common viral experiences.