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President Tinubu Directs Single-Digit Tax System In Nigeria, To Launch Consumer Credit Scheme Soon — FIRS Chairman Adedeji

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Chairman of the Federal Inland Revenue (FIRS), Zacch Adedeji says President Bola Tinubu has given a directive for a single-digit tax system in Nigeria.

Adedeji made this known on Wednesday when Adebayo Alli, chief executive officer (CEO) of Guinness Nigeria, led a management team of the firm on a visit to the revenue house in Abuja.

Adedeji, in a statement, described the directive as a strategic plan that is being religiously followed to lead the country out of the current economic challenges.

“The president gave a directive that he wants a single digit tax in the country, meaning that the maximum number of taxes we will have after the work of the presidential committee on fiscal policy and tax reforms will be nine taxes,” the chairman said.

“For us at FIRS, we have responded to that directive. We want to grow the pie such that even if we are taking the same percentage of the bigger pie, the result will be huge.

“By God’s grace, we will not introduce additional taxes nor increase any form of taxes. We are only determined to increase the pie.

“We have restructured our operations at FIRS in such a way that we are now effectively carrying out our duty of assessing, collecting and accounting for taxes.

“We used to have functional types of taxes, but we have identified that the only customers we have are the taxpayers.

“We have improved the way we relate with our customers by rearranging our operations based on our customers, using their turnover as the basis to categorise them into large, medium and small.

“We did this to actually develop expertise in what we do. Secondly, to provide you with a one-stop shop for your activities.

“If you are in a large tax group, you only need to go to one office to pay all forms of taxes, including audit and other activities. You don’t need to move from one office to another again.

“We are here to serve you. You taxpayers are not armed robbers or criminals that we will be chasing about. FIRS is also not a law enforcement organisation. We are partners in progress.

  • FG To Launch Consumer Credit Scheme Soon

Adedeji said the president, through the consumer credit scheme recently introduced, intends to increase the purchasing power of Nigerians to boost the productive capacity of companies and stimulate growth.

According to the chairman, another bold decision the president has taken is the birth of the renewed hope infrastructure fund.

He said some of the raw materials sourced locally are produced in the Northern part of the country, noting that the lack of sufficient infrastructure raises the expenses associated with transporting these materials between locations.

“In a couple of days, the consumer credit scheme will be launched and what that will do is to really set the right fundamentals most especially for the kind of products you sell,” he said.

“In an economy of our size, it will be extremely difficult if we don’t have a consumer credit scheme. People need to eat before they drink. But when they have credit to buy things, this gives them more money that they can use to come to drink and relax after work.

“More so, the president has also directed the commencement of a single window platform for your logistics at the ports. So, instead of having to pay in many places, you can now do that through the platform, most especially for companies like yours.

“You know your products before they come into the country, so you pay before they arrive as the issue of port congestion that delays the time you get your raw materials has been taken care of now.

“Based on the president’s holistic plan, in the next three years, we will have a very good rail and road transportation network that will make movement of goods and raw materials easy and remove most of the bottlenecks for industries.”

On his part, Alli pledged that the company would continue to do business in the country, notwithstanding the current macroeconomic challenges.

“We have come to know FIRS more and also tell you a little bit about who we are as a large taxpayer so you can understand our world, the value we add to Nigeria, despite the macro-economic situation facing us,” he said.

He assured the Adedeji that Guinness would continue to invest in the country, seeking assurances from the tax authority in terms of the role it would play “in getting the economy back on the right path from the recovery point of view.”

BIG STORY

Tokunbo Wahab – The Steadfast Architect Of Lagos’ Water Revolution — By Babajide Fadoju

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In a city like Lagos, the hum of progress is often drowned out by the challenges of rapid urbanization, infrastructure projects can feel like distant promises rather than tangible realities. Yet, under the leadership of Governor Babajide Sanwo-Olu, Lagos State is steadily rewriting this narrative. One of the most transformative projects underway is the Adiyan Water Works (AWW), a bold initiative set to deliver 70 million gallons of clean, potable water daily to Lagosians. At the helm of this ambitious endeavor is Tokunbo Wahab, the Honourable Commissioner for the Environment and Water Resources—a man whose quiet determination and unwavering focus have become a source of hope for millions.

When Governor Sanwo-Olu recently visited the Adiyan Water Works site, it wasn’t just a routine inspection. It was a moment of affirmation—a recognition of the hard work and vision driving this project forward. As the governor walked through the site, the air buzzed with excitement, not just for the technical milestones achieved, but for what this project represents: a future where clean water is no longer a luxury but a given. For Tokunbo Wahab, this visit was a validation of his tireless efforts to turn a lofty vision into a reality that will touch the lives of everyday Lagosians.

The commissioner’s role in this project is nothing short of pivotal. Steering a project of this magnitude in a city as complex as Lagos is no small feat. Yet, under his watchful eye , the Adiyan Water Works has reached an impressive 80% completion rate. This isn’t just a statistic; it’s a testament to Wahab’s ability to navigate bureaucratic hurdles, logistical challenges, and the occasional skepticism that comes with large-scale infrastructure projects. His approach is not just about meeting deadlines; it’s about ensuring that every drop of water delivered will make a difference in the lives of Lagosians.

What sets Wahab apart is his deep understanding of what this project means for the people of Lagos. For him, it’s not just about pipes, pumps, and gallons per day. It’s about the mother who won’t have to walk miles to fetch water for her family. It’s about the child who can focus on school instead of worrying about waterborne diseases. It’s about the small business owner who can thrive with a reliable water supply. Wahab’s work is rooted in the belief that access to clean water is a fundamental right, and his actions reflect a commitment to making that right a reality for all.

The trust Governor Sanwo-Olu places in Wahab is evident. Their partnership is a rare example of how political leadership and administrative execution can come together to achieve something extraordinary. The governor’s frequent visits to the site and his public support for the project are not just gestures of goodwill; they are a recognition of Wahab’s ability to deliver on promises. In a political climate often marred by mistrust and unmet expectations, this synergy is a breath of fresh air.

But the Adiyan Water Works project is more than just an infrastructure upgrade. It’s a symbol of hope and progress for a city that has long grappled with water scarcity. When completed, it will not only improve public health but also boost local economies, create jobs, and attract investments. For communities that have endured years of unreliable water services, this project is a lifeline—a promise of dignity and a better quality of life.

Of course, the journey hasn’t been without its challenges. Large-scale projects like this require more than just technical expertise; they demand empathy and a deep connection to the communities they serve. Wahab has been mindful of this every step of the way. From ensuring fair compensation for affected residents to collaborating with neighboring states like Ogun, his approach has been inclusive and thoughtful. He understands that true progress is not just about building infrastructure but about building trust and fostering collaboration.

Critics may argue that such projects are fraught with complexities, and they’re not wrong. But Wahab’s track record shows that with determination, transparency, and a clear vision, even the most daunting challenges can be overcome. His work on the Adiyan Water Works is a shining example of what public service should be—a commitment to the greater good, even when the road is tough.

As Lagos continues to grow and evolve, the importance of reliable infrastructure cannot be overstated. Clean water is the foundation of health, education, and economic prosperity. The Adiyan Water Works project, under Wahab’s stewardship, is poised to become a cornerstone of Lagos’ transformation. And as the city eagerly awaits the day when clean water flows freely into every home, it’s clear that leaders like Tokunbo Wahab are the driving force behind this progress.

In the end, the success of the Adiyan Water Works will be more than just a technical achievement. It will be a story of hope, resilience, and the power of dedicated leadership. Tokunbo Wahab’s work is a reminder that even in the face of immense challenges, change is possible when leaders put people first. As the water begins to flow, so too will the promise of a brighter, more sustainable future for Lagos—a future built on the foundation of clean water and unwavering commitment.

Let the water flow, and with it, let the promise of progress and prosperity flow for all Lagosians.

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BIG STORY

Lagos House Of Assembly Call For Action Against Open Defecation, Laud Environment Commissioner Tokunbo Wahab

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The Lagos State House of Assembly has called on the Ministry of Environment and Water Resources to rigorously enforce environmental laws against “open defecation” and ensure the widespread availability of free public toilets across the state.

The lawmakers stressed the need for a broad and ongoing awareness campaign to educate residents about the dangers of “open defecation.” Speaker, Rt. Hon. Mojisola Meranda, condemned the practice, emphasizing the urgent need for better sanitation infrastructure.

The House also praised the Commissioner for the Environment and Water Resources, Tokunbo Wahab, calling him a “pride of the state.”

Raising the matter under “Urgent Public Importance,” Hon. Stephen Ogundipe (Oshodi-Isolo 1) warned that “open defecation” tarnishes Lagos’ reputation and obstructs sustainable development.

Hon. Bonu Solomon (Badagry 1) called for the arrest of homeless individuals contributing to the sanitation crisis, urging local government chairmen to assist the state in maintaining cleanliness.

Hon. Gbolahan Yishawu (Eti-Osa 1) proposed the introduction of affordable public toilets, while Hon. Femi Saheed (Kosofe 2) urged the creation of clear policies regarding the management of public sanitation facilities.

Hon. Aro Moshood (Ikorodu 2) connected waste accumulation to “open defecation,” underscoring the need for stricter waste management, particularly in market areas like Mile 12.

The Assembly resolved to ramp up public awareness campaigns and collaborate with private companies to fund sanitation initiatives across Lagos.

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BIG STORY

JUST IN: Nollywood Star, Kenneth Okonkwo Resigns From Labour Party

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Kenneth Okonkwo, a former spokesperson for the Labour Party’s presidential campaign council, has announced his resignation from the party.

In a statement released on Tuesday, Okonkwo stated that his resignation will take effect from February 25, 2025, after which he will be free to join other like-minded Nigerians in shaping the country’s future.

He explained that his involvement in politics was driven by a desire for good governance, and he will continue working towards this goal.

Okonkwo expressed his gratitude to Nigerians who supported the party during its time of need and pledged his loyalty to the Nigerian people. He also mentioned that the Labour Party, in its current state, is non-existent, which led to his decision to resign.

His statement reads:

11th February, 2025

To all Nigerians of Goodwill,

RESIGNATION FROM LABOUR PARTY

I sincerely thank all Nigerians of goodwill for their immense support during the 2023 presidential election, where Nigerians believed in our message for a new Nigeria and voted for us across ethnic and religious lines. We were the only party that achieved 25% support in all six Geo-Political Zones and the Federal Capital Territory. I believe that we won the election under the Labour Party with your support but were denied victory due to a technical glitch.

2. By February 25, 2025, it will be two years since the 2023 presidential election, and two years before the next presidential election. It is a global democratic convention that political consultations, alignments, and re-alignments begin two years before the next election. Unfortunately, the Labour Party, as it is currently structured, cannot be part of the political force that will shape Nigeria’s political future.

3. To avoid any confusion, the Labour Party as it stands is non-existent. According to the Labour Party Constitution, the tenure of ward, local government, and state party executives is three years (see Article 15(2)(3)(4) of the Labour Party Constitution). Since no congresses have been held at these levels within the constitutionally allowed tenure, their leaderships have effectively expired.

4. The former National Chairman of the Labour Party, Julius Abure, and his National Working Committee, having not conducted any legally recognized national convention, according to the Independent National Electoral Commission (INEC) and the courts, the leadership issue within the Labour Party remains an internal matter that the courts cannot intervene in, leaving the party without effective national leadership.

5. The Caretaker Committee, led by Senator Nenadi Usman, which was lawfully set up by the National Executive Council (NEC) of the Labour Party after the INEC’s non-recognition of the Abure-led National Working Committee (NWC), was given six months to conduct congresses and a convention. This was the only viable option to salvage the Labour Party.

6. Unfortunately, Abure and his allies, in collaboration with external forces, have waged unnecessary legal challenges against this Caretaker Committee, preventing it from functioning. More than six months after the Committee’s inauguration, it has not even started, leading many to believe that the objective of these politicians and their collaborators is to bog down the serious members of the Labour Party with frivolous lawsuits until the 2027 election is over. It’s curious that a national executive whose members are defecting daily to other parties, and who cannot fight legal battles to recover these seats, is waging intense legal battles to maintain their destructive grip on the party.

7. It’s clear that Abure is more concerned with his own interests than with the survival of the Labour Party. If he were genuinely interested in fielding a southern candidate for the 2027 presidential election, he would have ceded the position of national chairman to the North, as is the convention when a party aims to field a southern presidential candidate. This was a suggestion from those of us genuinely interested in the party’s survival. While Nigerians, especially in the North, may have overlooked the combination of a southern national chairman and presidential candidate in 2023, they will not overlook it in 2027, having had time to prepare.

8. By not doing this, it’s obvious that Abure and his colleagues want to use some southern presidential candidates as cash cows, generating money for them without any intention of making the party competitive in 2027. This confirms the belief that they are secretly working for the ruling party’s victory. I pity any southern presidential candidate who still believes there’s a future in an Abure-led Labour Party, as they are clearly unaware of Nigeria’s current political realities.

9. I have never been deceitful or betrayed any cause I’ve fought for. My entry into politics was driven by the desire for good governance, and I will continue working for it to ensure that Nigeria becomes a great country led by incorruptible leaders. However, this can no longer be achieved within the current Labour Party, which, as presently constituted, is non-existent. Therefore, I am forced to resign from the party and thank all Nigerians of goodwill who supported us when we needed them most. I pledge my continued loyalty to the Nigerian people, regardless of the political path I choose to follow.

10. This resignation takes effect on February 25, 2025, marking the second anniversary of the 2023 presidential election. After this date, I will be free to join other well-meaning, like-minded Nigerians in shaping a brighter future for our country through good governance.

 

Thank you, and God bless.

Yours sincerely,

Kenneth Okonkwo

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