Following the controversy trailing the Tax Reforms Bills, President Bola Tinubu has directed the Ministry of Justice to work closely with the National Assembly to address the concerns raised by Nigerians.

The President, who is in South Africa, handed down the review order on Tuesday as some northern youths stormed the National Assembly in support of the bills.

The bills – the Nigeria Tax Bill 2024, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill – have generated hot debates and contention across the country with northern governors and lawmakers opposed to their passage.

Critics argue that the reforms could disrupt the balance of fiscal federalism, potentially centralising tax authority and diminishing state revenues.

However, in a move to assuage the high emotion over the reform bills, Tinubu directed the Federal Ministry of Justice and relevant officials who worked on the draft to collaborate with the National Assembly to address all genuine concerns before the bills were passed.

This was contained in a statement signed by the Minister of Information and National Orientation, Mohammed Idris, titled, ‘President Tinubu committed to accountability on tax bills, directs Ministry of Justice to work with NASS on concerns.’

Tinubu’s directive

The minister said, “In line with the established legislative procedure, the Federal General welcomes meaningful inputs that can address whatever grey areas there may be in the bill.

“In this vein, President Tinubu has already directed the Federal Ministry of Justice and relevant officials who worked on the drafts to work closely with the National Assembly to ensure that all genuine concerns have been addressed before the bills are passed.”

Notably, at a meeting on October 28, governors of the 19 Northern States, under the platform of the Northern Governors’ Forum, rejected the new derivation-based model for Value-Added Tax distribution in the tax reform bills.

They argued that the changes might adversely affect their regions’ financial autonomy.

Three days later, the National Economic Council, comprising all 36 state governors, asked the President to withdraw the Tax Reforms Bill from the National Assembly for comprehensive consultations.

However, the President said there would be no need to withdraw the bill from the National Assembly.

Governor Babagana Zulum of Borno State warned that while the President could deploy his executive powers to pass the tax bills, there would be consequences for millions of Nigerians.

Zulum added that the proposed VAT-sharing model will only benefit Lagos and Rivers states.

But Governor of Nasarawa State, Abdullahi Sule, former Speaker of the House of Representatives, Yakubu Dogara, and many other northern leaders endorsed the bills.

Nonetheless, the Senate passed the bills for a second reading, a move that has been met with harsh criticisms.

In its statement on Monday, the Presidency said most reactions from political leaders and commentators “are not grounded in facts, reality, or sufficient knowledge of the bills.”

It said the tax bills will not enrich Lagos or Rivers at the expense of northern states.

Corroborating the Presidency’s stance, the information minister said, “The fiscal reforms will not impoverish any state or region of the country, neither will they lead to the scrapping or weakening of any federal agencies.”

The Federal Government welcomed the nationwide debate on the bills saying, “This is the very essence and meaning of democracy.”

Protest in NASS

Meanwhile, Some youths from the North, on Tuesday, staged a protest at the National Assembly in support of the tax reform bills.

Bearing placards mostly with the inscription, ‘Leave Senator Barau alone,’ the protesting youths described critics of the Deputy Senate President, Barau Jibrin, over his support for the reform bills as “enemies of the North, enemies of progress, enemies of the nation.”

Speaking on behalf of the protesters, Tijani Mohammed, said they were satisfied with the explanations offered by the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, on the benefits of the bill to the nation at large.

Mohammed urged President Bola Tinubu, the Senate President, Godswill Akpabio; Senator Barau Jibrin and others not to relent until the passage into law of the tax bills.

He said, “The tax reform bills are in order and Nigerians should work towards her perfection and progress. For so long, we have lived on a decadence of tax reforms that have not produced anything good or meaningful to this nation.

“We are from the North; we are categorically in support of this tax reform bill. To those who have for the past few days castigated Senator Jibrin Barau, they are nothing but enemies of the North, enemies of Nigeria, enemies of our generation, enemies of progress, and supporters of retrogression.

“We call on Nigerians, as we have vowed that we shall continue to voice from one state to the other, one region to the other, we shall canvass, and this bill, by the grace of God, shall see the light of the day.

“The man who is in charge of the tax review came out to list the intents of the bill. What people were listing before are personal things like whether Alpha and Beta Consultants will be the consultants of the entire project.”

He added, “What we are looking at is, what comes to the states. And the man has said, if formerly you have five per cent, with this reform bill, you should be able to have between 15 and 20 per cent. That is progress. We cannot continue to stand stagnant for decades.

“We pray that the President will not relent, the President of the Senate supported by the Deputy Senate President, Senator Jibrin Barau must ensure that this bill is looked into properly and see that it is passed.

“It is a germane issue; it is overdue; it is something that Nigerians should look forward to to make progress. We cannot continue to stand stagnant. This is our generation. The generation of those who have led this country, in the past, have failed us. This present generation is in support of the reforms.” he said.

Prominent Islamic scholar, Sheikh Ahmad Gumi, also on Tuesday expressed his support for President Tinubu’s tax reform bills, describing it as a step towards improving Nigeria’s economic landscape.

Sheikh Gumi’s approval of the reforms marks a notable shift from the ongoing debate.

“I believe the contentious VAT issue is the only part that needs to be reviewed; otherwise, it is a good package for all,” Gumi stated.

His remarks highlighted a key point of contention in the reforms, which some northern leaders argue might favour wealthier states like Lagos and Rivers at the expense of poorer regions.

Rowdy House session

In a demonstration of the sensitive nature of the bill, there was a rowdy session during the House of Representatives plenary on Tuesday following the declaration of support for the tax reform bills by the spokesman of the Green Chamber, Akin Rotimi.

Rotimi, a member of the All Progressives Congress incurred the wrath of his colleagues when he stood up to present two reports on behalf of the Committee on Nigerian Content Development and Monitoring.

After getting Speaker Tajudeen Abbas’ nod to present the reports, Rotimi announced the stand of Ekiti federal lawmakers on the controversial four tax bills transmitted to the parliament on September 3.

He began, “Thank you very much, Mr Speaker. My name is Akin Rotimi Jr. I represent the people of  Ekiti North 1 comprising Ikole and Oye Local Governments. Mr Speaker, I am from Ekiti State, the first State whose National Assembly caucus has unanimously endorsed the tax bills. I rise on behalf of Hon Boma Goodhead (Committee chairman who was absent)…”

But the House members did not allow him to complete his sentence as they chanted “No, no.”

Repeated appeals by the speaker to restore order failed as the members vowed that the report would not be laid.

The Speaker waded in, saying, “He (Rotimi) is expressing his personal opinion,” just as the Ekiti lawmaker reminded his colleagues that he had the protection of the presiding officer.

Also, Abbas’ plea that Rotimi shouldn’t be taken seriously because “he was just talking on a lighter note,” failed to calm frayed nerves.

Rotimi then added, “My introduction does not affect the substantive matter,” just as the Speaker urged him to restrict himself “To the person you are representing here. We are not talking about tax bills.”

The lawmaker finally gave in, saying, “Honourable colleagues, I withdraw the introduction. Mr Speaker, I withdraw the introduction. I will introduce myself properly. Mr Speaker, can I have the opportunity to speak?”

Abbas thereafter took over, saying, “Mr Rotimi, you know this (tax bill) is a controversial issue. I don’t want you to be mentioning things that are not relevant to the subject matter. On your behalf, I withdraw that statement that you have made.”

With a semblance of order in place, Rotimi again stood up and said, “Honourable colleagues, I would like to withdraw that introduction and restrict myself to the Order Paper.”

The Speaker asked for a seconder but the members failed to listen as the protest continued.

“I beg you. This has nothing to do with the tax bills,” Abbas pleaded repeatedly, all to no avail.

Rotimi took to the floor once again.

“I seek the leave of the Speaker and honourable members to step down the report,” he said.

Like Rotimi, the deputy spokesman of the House, Philip Agbese, also had his dose of trouble when Kano lawmaker, Tijjani Ghali, standing on a matter of personal explanation (Order 6 rule 5), called on him to resign from his position.

“I woke up this morning to see an online publication from the deputy spokesman, saying that those opposed to tax reform bills are seeking speedy passage. I am one of the first persons that opposed these bills vehemently but the deputy spokesperson did not contact me as a stakeholder and did not seek my opinion on this.

“The headline is insinuating that for those who opposed these tax bills, there is an inducement somewhere. Therefore, I am calling for the withdrawal of this statement and an investigation and apology in print media because this is injurious to me, my people, my religion and the region where I come from.

“Mr Speaker, this is a breach of privilege and is unprofessional, unethical and immoral. Therefore, I am personally calling for this matter to be investigated to find out those people opposed to the bills that are now asking for their speedy passage,” he stated.

The member representing Jibia/Kaita Federal Constituency, Katsina State, Sada Soli, moved that the matter be referred to the Ethics and Privileges Committee for investigation.

Ruling on the matter, Deputy Speaker, Benjamin Kalu, promised action, stating “Once a point of privilege is moved, it is not debated. You have asked for this to be investigated. But you did not tell whether to move it to ethics and privileges and that is why Sada Soli came with his own. It is not in your prayer. There are many ways to investigate this.”

Kukah backs bill

Meanwhile, the Catholic Bishop of Sokoto Diocese, Bishop Hassan Kukah, has said that the proposed tax reform bills would end the recklessness of the elite in the country.

The clergyman commented on Channels Television Morning Brief on Tuesday.

Kukah expressed hope that the bills would mark the beginning of better fiscal management and end financial recklessness, noting that any form of reform must get the country working.

“Nigeria is a very energetic country with people that are so eminently gifted and are roaring to soar at any time. However, our problem is the inability of states to create enough gatherings to contain the energy, vision, and competing narratives of their citizens. This lack of competitive gatherings often spills over into violence.

“So, I am excited because hopefully, we can take the time to listen to the conversation about how to avoid and end this financial recklessness, and the irony of Nigerians living by the seaside and washing their faces with saliva.

“The reforms should end the narrative of Nigerians living in a country that is so richly endowed but are spectators to the rascality and irresponsibility of the elites who continue to mismanage our resources.

“So, I’m hopeful that this is the beginning of a very long journey of fiscal management and efficiency that can lead to the growth and development of the kind of country that we envision,” he said.

In support of the bills, the Ekiti State Caucus in the National Assembly called on stakeholders, including state governments, private sector leaders, civil society and citizens to also endorse the tax reform bills.

The caucus said the tax reforms “are a testament to the bold and transformative agenda of President Bola Tinubu, which has prioritised economic growth, inclusivity, and national prosperity.”

The nine All Progressives Congress lawmakers from Ekiti State in the National Assembly – Senators Opeyemi Bamidele, Yemi Adaramodu and Cyril Fasuyi; and House of Representatives members Olufemi Bamisile, Olusola Fatoba, Bioduun Omoleye, Rufus Ojuawo, Akinlayo Kolawole and Akin Rotimi, spoke in a jointly signed statement made available in Ado Ekiti on Tuesday.

The caucus stated, “These bills aim to strengthen Nigeria’s revenue generation system, ensuring sustainable funding for critical sectors such as education, healthcare, infrastructure, and social welfare.

“Additionally, these reforms will simplify the tax system, foster local entrepreneurship, attract investment and create employment opportunities, driving economic growth across the state and the nation.

“The establishment of the Tax Appeal Tribunal and the Office of the Tax Ombudsman will further entrench transparency, accountability and fairness in tax administration, protecting taxpayers’ rights and fostering trust in the system.

“As representatives of Ekiti State, we remain resolute in our support for initiatives that prioritise economic growth and enhance the welfare of our people. These reforms underscore our collective commitment to a better future and we urge all Nigerians to embrace this bold step toward national development.”

The Labour Party Senator representing Edo South in the Senate, Neda Imasuen, described the tax reform bills as timely and long overdue.

Imasuen, who serves as the Chairman, Senate Committee on Ethics, Privileges, and Public Petitions, called for patience and a better understanding of the proposed reforms.

He criticised state governors, describing them as complacent and urged them to explore alternative means of generating revenue.

 In its contribution to the debate, the Arewa Dignity Advancement Initiative, called on the National Assembly to reject the bills, citing the widespread criticisms and opposition to them.

The group stated this in a document jointly signed by its members comprising individuals from academia, professionals, civil society organisations, students, traditional and religious leaders, and other stakeholders.

The group, chaired by Baheejah Mahmood Abdullahi from Bauchi State, stated, “Introducing additional taxation, particularly on personal income and value-added tax, is ill-timed and could exacerbate economic hardship.

“The bill was drafted without adequate input from professionals and the general public. As a key democratic institution, the National Assembly must ensure that inclusive decision-making processes are upheld.”

It pointed out that the proposed redistribution formula, “which allocates 60 per cent VAT ownership to states based on consumption location, contradicts existing laws that emphasised revenue distribution based on equality and population rather than consumption location.”

Court papers filed by the Economic and Financial Crimes Commission have linked the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, to the massive Abuja property with 753 duplexes and other apartments located in the Cadastral Zone area of the capital city.

The anti-graft agency on Monday announced the recovery of the property from an unnamed ex-government top brass, describing the property as the biggest single recovery it had made in the course of fighting corruption since its establishment in 2003.

The recovery followed a ruling delivered on December 2, 2024 by Justice Jude Onwuegbuzie of the FCT High Court in Apo.

In the court documents obtained by our correspondent on Tuesday, the EFCC ran a narration linking Emefiele to the massive property spanning 150,500 square metre and identified as Plot 109, Cadazral Zone C09, Lokogoma District, Abuja.

Emefiele is currently being prosecuted by the EFCC in three separate cases before different judges.

Before Justice Hamza Mu’azu, he is being tried for procurement fraud, forgery of former President Muhammadu Buhari’s signature, and other charges.

Before Justice Rahman Oshodi at the Special Offences Court in Ikeja, Lagos, Emefiele is charged with alleged fraud involving $4.5bn and N2.8bn.

Additionally, Emefiele is before Justice Maryann Anenih of the FCT High Court in Abuja for allegedly approving the printing of N684.5m notes at the cost of N18.96bn.

According to the document, Emefiele allegedly carried out “monumental fraud” as the CBN governor with his cronies to acquire several properties including the estate.

“The commission whilst investigating the alleged monumental fraud carried out by the immediate past Governor of the CBN and his cronies traced and discovered several properties reasonably suspected to have been acquired and or developed with proceeds of unlawful activities.

“The property highlighted in Schedule A to this application is one of the said properties recovered, having been reasonably suspected to have been acquired/ developed with proceeds of unlawful activities.”

The EFCC alleged that “in the cause of this investigation, it was revealed that the erstwhile CBN governor negotiated kickbacks in return for allocation of foreign exchange to some companies who were in desperate need of foreign exchange for their lawful and legitimate businesses.

“Our investigation equally revealed that erstwhile CBN Governor received kickbacks from some contractors who were awarded contracts by the Central Bank of Nigeria.”

The anti-graft agency also alleged that Emefiele connived with several cronies, including one  Ifeanyi Omeke, who “ran several errands for him, which included purchase and perfection of title documents for several properties located in highbrow areas of Lagos and Abuja.”

It said the documents for the Abuja property were recovered during a search of Omeke’s office and that investigators located the property on  September 17, 2024 “with the assistance of a surveyor from the Abuja Geographical Information Systems, using search results and coordinate.”

The EFCC said its investigation “revealed that the said property has been abandoned and deserted with only a guard manning the said property since June 2023 upon the arrest of the erstwhile CBN Governor. “

The PUNCH reported that the Department of State Services arrested Emefiele in Lagos the following day he was suspended by President Bola Tinubu.

In October, the EFCC arrested Emefiele in less than an hour he regained his freedom from the DSS.

According to the EFCC, the massive property, allegedly acquired by Emefiele, through cronies, was originally meant for a mass housing development.

The EFCC said its investigation revealed that Emefiele used three companies to pay a total of N2.2bn to buy the property.

It said the seller  “received the aggregate sum of N2,200,000,000.00,” adding that “the said three companies used for the payment of the property are enmeshed in criminal maneuvering of layering proceeds of illegal activities of Mr. Godwin Emiefele.”

According to the EFCC, one of the companies was used to pay N900m, the second paid N700m, while the third paid N600m, totalling N2.2bn.

It said the directors of the companies were arrested “and their statements voluntarily obtained in the course of investigation.”

“The funds used in the acquisition of the property highlighted in Schedule A to this application are not legitimate earnings of Godwin Emefiele but funds acquired through illegal and unlawful activities.

“That I know as a fact and verily believe that the source/origin of the funds used in the acquisition and/or development of the properties sought to be forfeited are proceeds of unlawful activities to wit: corrupt enrichment, receiving of gratification or kickbacks and abuse of office,” an EFCC investigator stated in the affidavit filed in court.

The EFCC noted that the court had on November 1, 2024 made an order for the temporary forfeiture of the property “after evaluating facts placed before it.”

It, therefore, urged the judge to order the permanent forfeiture of the property to the Federal Government as no one had come forward to challenge the facts placed before the court, in spite of adverting the interim forfeiture order in The PUNCH edition of November 6, 2024.

According to the EFCC, the court acceded to its request and has now permanently forfeited the property to the Federal Government.

Efforts to get the reaction of Emefiele’s legal team were unsuccessfuly. One of the lawyers,  Matthew Burkaa( SAN), did not pick up calls to his line and had also yet to respond to a text message seeking  Emefiele’s side of the story as of the time of filing this report.

‘Why EFCC concealed property owner’s identity’

Meanwhile, EFCC spokesman,  Dele Oyewale, defended the decision by the anti-graft agency not to reveal the identity of the owner of the property to the public.

He was responding to public criticisms on the motive behind concealing the identity.

“The allegation of a cover-up of the identity of the promoters of the estate stands logic on the head in the sense that the proceedings for the forfeiture of the Estate were in line with Section 17 of the Advance Fee Fraud Act, which is a civil proceeding that allows for action-in-rem rather than action-in-personam.

“The latter allows legal actions against a property and not an individual, especially in a situation of an unclaimed property. This Act allows you to take up a forfeiture proceeding against a chattel who is not a juristic person. This is exactly what the commission did in respect of the Estate. Individual in situations of unclaimed assets,” Oyewale said.

He added that since investigation had not been concluded, releasing the suspects’identity would be the unprofessional.

“The substantive criminal investigation on the matter continues. It will be unprofessional of the EFCC to go to town by mentioning names of individuals whose identities were not directly linked to any title document of the properties,” Oyewale stated.

South Africa has relaxed its visa application procedure for Nigerians in what the country said will strength diplomatic ties and bolster trade between the two nations.

The new visa policy will allow Nigerians to apply for a visa without submitting passport and will also be eligible for five-year multiple entry visas.

Cyril Ramaphosa, President of South Africa, announced the development on Tuesday at the opening of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, which President Bola Tinubu attended.

Ramaphosa disclosed that South Africa simplified its visa processes to create a conducive environment for Nigerian business people and facilitate travel to the country for tourists.

“Qualifying Nigerian business people can be granted a five-year multiple entry visa,” he said. 

He also pledged South Africa’s commitment to removing constraints on greater investment and addressing the challenges faced by companies in both countries.

“As we mark 30 years since the establishment of diplomatic relations, we see a bright future for our relationship. Our strong bonds of friendship provide a firm foundation for more meaningful economic cooperation.

“Nigeria is host to a number of South African companies. South Africa has always been open to Nigerian business, reflected in the number of investments and operations established in this country.

“But there is much more we need to do. We need to remove the remaining constraints to greater investment, just as we need to address some of the challenges that companies have experienced.

Ramaphosa also acknowledged the Nigerian government’s reforms to further strengthen and foster a business environment that offers assurances to investors, including from South Africa.

He said his administration will continue with its efforts to improve the ease of doing business in South Africa. We want to enable investors to operate, trade and pursue opportunities in various sectors.

“We look forward to seeing more Nigerian companies investing in South Africa,” he said.

The South African leader said Africa’s development and the challenges facing countries of the Global South would be firmly placed on the G20 agenda.

“It will be the first time the G20 Leaders’ Summit will be held on African soil. We will seek to galvanise support for the AU’s Agenda 2063 as we pursue an inclusive global agenda.

“For South Africa, it is our view that in shaping global discourse, programs should be tailored to ensure that in our societies, no one is left behind,” he said

The Enugu State Government and Austrian investors under the auspices of WANDE NEXUS, have formalised an agreement to implement the Sustainable Last Mile Connectivity and Advanced Metering Infrastructure (AMI) Project in Enugu.

With the signing, which took place on Monday at Government House, Enugu, in the presence of the Austrian Ambassador to Nigeria, Thomas Schlesinger, WANDE Nexus is to inject $100 million as Foreign Direct Investment, FDI, to modernise water infrastructure, improve service delivery, and ensure equitable access to clean water for all households in Enugu City.

WANDE NEXUS, is established as Special Purpose Vehicle (SPV) in Nigeria for the $100 million investment to coordinate and execute the project in collaboration with key partners, such ss OSTAP International Water Consulting, an Austrian company, which holds more than 50 years of experience in the water sector.

Speaking, Governor Peter Mbah described the signing as an example of the relationship that could exist between a sub-sovereign and a sovereign, and a major step to getting water to the last mile in Enugu City.

“We now have an investment of $100 million to deal decisively with the last mile connection, the downstream part of our water system. This huge sum shows that the economic reforms of the Federal Government and our effort to position Enugu as the premier destination for investment are yielding results because this is a major FDI, not just for us as a state, but even as a country.

“For the record, this is not a case where we are just signing an agreement that is exploratory. This is an agreement we signed today for the funds to begin to flow. This is a discussion that started eight months ago. From signing an MoU, to Terms Sheet, to getting a Concession Agreement, today we are signing the final agreement and we expect that the investment funds will start to flow immediately, as they should have started with the connectivity to the last mile, and the procurement of the metres will commence,” he said.

The governor explained that while the administration had been able to increase water production from an occasional 2 million litres to 120 million litres, the biggest challenge was in expanding the network and connecting the tertiary pipelines to the various homes. He, however, noted that with the signing of the FDI agreement, the problem would become a thing of the past.

“This is purely an investment of $100m being injected in our downstream water sector and we have the responsibility, as a state government, to continue to manage the upstream sector. If you look at our budget for 2025, there is fund slated for water, and that is essentially to increasse our water production capacity. The volume will grow from 120 million litres of water per day to 200 million litres per day. 

In his address, Ambassador Schlesinger said the investment had the strong backing of the Austrian Government, and commended Governor Mbah for building the necessary international relationships and showing a strong commitment to making life better for his people.

“I wish to laud His Excellency Dr. Peter Mbah for his vision to transform the water management systems for Enugu City, with its ultimate goal to ensuring equitable access to clean water.

“Governor Mbah is a great friend of Austria. He has visited Vienna twice, where he met with ministers, international organisations and the business community; and he is a very active supporter of Austrian companies in Enugu.

“This investment in the amount of $100 million is, therefore, a testimony of his excellent work and his vision for Enugu State,” he said.

He equally expressed strong confidence in the capacity of the Chairman of WANDE Nexus Group, Dr. Ugochukwu Ugbor, to lead the transformation of the downstream water sector.

“In order to implement such a plan as the governor has, you need strong leadership at the top of the project, represented by Dr. Ugochukwu Ugbor, the Chairman of WANDE NEXUS. He spent more than 20 years in Austria, where he played key roles in international organisations, addressing critical infrastructure and sustainability challenges, as enshrined in another Sustainable Development Goal of the United Nations,” he stated.

Earlier in his address, Dr. Ugbor said that he and the rest of Austrian investors were encouraged into the venture by the speedily improving ease of doing business, conducive investment environment, and trustworthiness exhibited by the Mbah administration, adding that the company would deliver on expectations, create 500 direct jobs for a start, build human capital in modern water management, and also directly improve health and economic opportunities in Enugu State.

WANDE NEXUS and Project Partners

Meanwhile, WANDE NEXUS was established as a Special Purpose Vehicle (SPV) registered in Nigeria specifically for this $100 million water project. Its role is to coordinate and execute the project within the region, leveraging both local presence and international expertise.

This project is a collaborative effort involving key partnerships with OSTAP International Water Consulting, an Austrian company with over 50 years of experience in the water sector. Their track record and expertise are well-documented, as shown on their official website: https://www.oestap.at.

Nwankwo Scott Associates (NSA), on its part is a highly respected Nigerian consulting firm with extensive local expertise and over five decades of experience in architecture, engineering and project management.

Together, these partners bring unmatched technical capabilities and credibility to ensure the successful execution of this project.

WANDE NEXUS, said it was proud to facilitate this collaboration for the benefit of the people of Enugu State.