Photo: Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms By Deborah Nnamdi The Federal Government has clarified that all income earned in Nigeria, including money generated by commercial sex workers, is subject to taxation under the law. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, disclosed during a tax education session organised by the Redeemed Christian Church of God (RCCG), City of David, Lagos. In a video from the event that has since gone viral, Oyedele explained that while gifts or upkeep money sent to relatives and dependents are exempt…
Author: Naija Daily News
Nigeria and South Africa could be removed from the Financial Action Task Force (FATF) grey list as early as next month—a move that could significantly boost investor confidence in both countries’ financial systems. The Paris-based FATF, which oversees global efforts to combat money laundering and terrorist financing, placed Nigeria and South Africa on the grey list in February 2023 due to shortcomings in their anti-money laundering and counter-terrorism financing frameworks. However, recent on-site inspections conducted in Nigeria, South Africa, Burkina Faso, and Mozambique showed considerable progress, according to reports cited by Bloomberg. These findings could lead to their removal from…
By Sodeeq Kamsela, Abuja In a move that has puzzled many Nigerians, the Federal Government has cancelled the military parade scheduled for the country’s 65th Independence Anniversary on Wednesday, October 1. The parade is an annual event to mark the West African nation’s independence from British colonial rule, and has only been cancelled twice post-civil war. The announcement, delivered Monday by the Office of the Secretary to the Government of the Federation (OSGF), did not explain the decision. The announcement said, the “cancellation “in no way diminishes the significance of this milestone”, and assured that other activities marking the anniversary…
President Bola Ahmed Tinubu has approved a new policy that makes compliance with the National Education Repository and Databank (NERD) a compulsory requirement for participation in the National Youth Service Corps (NYSC) or the issuance of exemption letters. The directive, which takes effect from October 6, 2025, was announced in a circular issued on Sunday by the Secretary to the Government of the Federation, Senator George Akume. According to the circular, all Nigerian graduates—whether from local universities, polytechnics, colleges of education, or foreign institutions—must show proof of uploading their final-year academic works, including projects, theses, or dissertations, to the NERD…
A Federal High Court sitting in Abuja has issued an order restraining Professor Pat Utomi and his associates from proceeding with plans to establish a shadow government or cabinet in Nigeria, declaring the move unconstitutional. Justice James Omotosho delivered the judgment on Monday in a suit filed by the Department of State Services (DSS), Nigeria’s domestic intelligence agency. The court held that the idea of a shadow government is foreign to Nigeria’s presidential system and violates the country’s constitutional framework. A shadow government, often used in parliamentary systems like those in the United Kingdom or Canada, is formed by opposition…
Former President Goodluck Jonathan is being positioned for a political comeback, with the People’s Democratic Party (PDP) preparing to present him as its candidate in the 2027 presidential race, according to a disclosure by party elder statesman Prof. Jerry Gana. The revelation came during the PDP congress in Minna, Niger State, where new state executives were inaugurated. On the sidelines of the gathering, Gana told journalists that Jonathan had agreed to return to the contest nearly a decade after leaving office. He argued that the political mood in the country was shifting in Jonathan’s favour. “After Jonathan left in 2015,…
Photo: US President Donald Trump A Sunday morning service turned into a scene of horror in Grand Blanc Township, Michigan, when a gunman rammed his vehicle into a Church of Jesus Christ of Latter-day Saints, opened fire on worshippers, and set part of the sanctuary ablaze. Authorities confirmed that two people were killed and at least eight others were wounded in the coordinated attack. The suspect, identified as 40-year-old Thomas Jacob Sanford, was killed in a firefight with police officers who rushed to the scene. Witnesses described a chaotic stampede as congregants scrambled to escape the flames and bullets. Firefighters…
By Douglas Maha, Abuja The Federal Government has announced that 13 of the 15 miners trapped in last Thursday’s mine pit collapse at Jabaka village, Maru Local Government Area of Zamfara State, have been confirmed dead. The grim update was conveyed in Abuja on Sunday through a statement issued by Segun Tomori, media aide to the Minister of Solid Minerals Development, Dr. Dele Alake. Two miners are still unaccounted for. Dr. Alake described the incident as “avoidable and tragic,” directing federal mines officers to join forces with Zamfara State authorities in ongoing rescue and recovery efforts. He assured that once…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has declared a nationwide strike following the dismissal of some Nigerian workers by the Dangote Petroleum Refinery. In a statement issued on Sunday in Abuja, the union’s General Secretary, Lumumba Okugbawa, said the decision was reached at an emergency meeting of PENGASSAN’s National Executive Council (NEC) held on Saturday. Okugbawa described the refinery’s action as “a violation of Nigeria’s labour laws, the Constitution, and international conventions,” alleging that over 2,000 foreign workers had replaced Nigerians at the facility. “The refinery has replaced Nigerians with over 2,000 foreign workers, subjecting…
The European Union (EU) has announced a €545 million package to expand renewable energy investments across nine African countries, aimed at boosting electrification, modernising power grids, and improving access to clean energy. The announcement was made via video message at the Global Citizen Festival, held on the sidelines of the United Nations General Assembly, according to a statement published on the EU’s website on Saturday. “Investing now in solar, wind, hydro, and geothermal power is not just a moral and development imperative; it is also a strategic choice that strengthens supply chains, creates up to 38 million green jobs by…