News
Why FCT-IRS revenue Harmonisation initiative is crucial, by stakeholders
The revenue harmonization initiative in FCT-IRS is aimed at optimizing its revenue generation efforts, while ensuring simplicity, transparency, and accountability in the tax systems, the Executive Chairman, FCT Internal Revenue Service, Mr. Haruna Y. Abdullahi has indicated
Speaking in his opening remarks at a Town Hall meeting themed: Harmonization Drive: Shaping our Future Together, in Abuja on Monday, he said the newly introduced revenue harmonisation in the Federal Capital Territory (FCT) is a step that will involve all revenue generating agencies of the Administration.
“The Federal Capital Territory Internal Revenue Service Act entrusts us, the FCT-IRS, with the duty to collaborate with relevant stakeholders and agencies in harmonizing and improving our tax practices.
“This is aimed at optimizing our revenue generation efforts, while ensuring simplicity, transparency, and accountability in our tax systems.
Abdullahi, while speaking on the legal frameworks that guides the revenue harmonization initiative, noted that section 46 of the Act outlines the functions of the FCT Joint Revenue Committee to include, “harmonize tax administration in the FCT, deal with revenue matters of common concern to the FCT and Area Council,” among other functions.
He urged all stakeholders to keep the legal provisions in mind because they will serve not just as the guide, but also as their commitment to fairness, efficiency, and collaboration.
“Remember, our Harmonization Drive is not just about increasing our revenue. It is about building a system that works for all of us, a system that respects the contributions of every stakeholder, and a system that uses these contributions for the benefit of all.he expressed the confidence that the discussions at the town hall will mark a significant step in the journey towards achieving the goal.
“I am eager to hear your insights, concerns, and suggestions, and I am certain that together, we can shape a prosperous and sustainable future for our beloved state.
“We gather here today with a common purpose—to drive positive change and shape the future of our capital city.
“The Harmonization Drive is not merely an administrative reform; it represents a catalyst for socioeconomic development. “By harmonizing and simplifying our revenue collection systems, we can unlock the full potential of our resources and pave the way for sustainable growth, improved service delivery, and enhanced quality of life for our citizens.
The Permanent Secretary (FCT) Mr. Adesola Olusade, in his keynote address at the event, reiterated that the harmonization drive is not just a routine administrative exercise but an initiative with tremendous potential to impact on the revenue drive of the territory.
“By simplifying and consolidating our revenue collection systems, we aim to attract more investment, stimulate economic growth, and create employment opportunities.
“This will enhance the FCT’s reputation as an investment-friendly destination and contribute to the overall development of the region.
“Furthermore, the harmonization initiative will promote fairness and equity in revenue collection. By ensuring that all eligible individuals and businesses contribute their fair share, we can distribute the burden of taxation more equitably and reduce the tax evasion that hampers revenue generation. “This will enable us to provide essential services, infrastructure, and social amenities that improve the quality of life for all residents of the FCT.”
The executive chairman of Abuja Municipal Council Honorable Christopher Zakka Maikalangu in his key note address encouraged all AMAC residents to continue payment of taxes to harmonized accounts of the FCT FIRS so that the people can have good roads, electricity, schools, potable water, youths and women empowerment, among others. “There should not be any cash payment to anyone who claims to be representing AMAC.
“Our taskforce have been doing well in apprehending illegal revenue collectors and will continue to aid the FCT FIRS in apprehending illegal revenue collectors and invaders.
The chairman canvassed for the AMAC taskforce on revenue monitoring and collection to be collapsed into the FCT-IRS to ensure more transparency, accountability and trust, so that the taskforce can continue aiding the FCT-IRS in apprehending illegal revenue collectors and invaders.
News
Obidient Movement Denounces Fake Social Media Posts Targeting Senator Datti-Baba Ahmed
The Obidient Movement, led by Dr. Yunusa Tanko, has issued a press statement condemning the circulation of false social media posts attributed to Senator Datti-Baba Ahmed. The fabricated posts, which have gone viral, are described as part of a deliberate smear campaign aimed at damaging the Senator’s reputation.
The movement clarified that Senator Datti-Baba Ahmed does not operate any social media accounts, making all attributed posts entirely baseless. During a recent press conference, the Senator unequivocally dissociated himself from these claims and urged the public to disregard them.
“This is a targeted attempt to tarnish the Senator’s image and credibility,” Dr. Tanko stated.
The Obidient Movement has called on its supporters and the public to remain vigilant and proactive in addressing the issue. They urged people to ignore, counter, and report the false posts whenever they appear.
The statement concluded with an appeal for continued support and collaboration in combating misinformation, reinforcing the movement’s commitment to truth and integrity.
News
Senate Approves President Tinubu’s N1.767 Trillion Loan Request
The Senate has granted approval for a $2.09 billion (N1.767 trillion) loan requested by President Bola Tinubu to address the N9.7 trillion deficit in the N28.7 trillion 2024 budget. The decision was made during Thursday’s plenary, just 48 hours after the request was submitted to the National Assembly.
President Tinubu, in letters to both chambers of the legislature earlier this week, highlighted the importance of the loan for financing key projects and programs critical to national development.
Following the request, the Senate assigned its Committee on Local and Foreign Debts, led by Senator Aliyu Wammako (APC, Sokoto North), to review the proposal. Presenting the committee’s report, Senator Wammako described the loan as vital for implementing the Debt Management Strategy, reducing borrowing costs, extending debt maturity, and bolstering Nigeria’s external reserves.
The committee recommended raising the loan through Eurobonds or similar international financing instruments, subject to market conditions. It also suggested that any excess funds from exchange rate adjustments be directed toward capital projects in 2024 to support infrastructure and economic growth.
The Senate approved the loan unanimously, with no objections raised during deliberations. Deputy Senate President Jibrin Barau, who presided over the session, commended the Wammako-led committee for its swift and thorough handling of the proposal.
This loan approval is part of the government’s broader strategy to bridge fiscal gaps while focusing on developmental priorities and economic stability.
News
Finland Detains Pro-Biafra Agitator Simon Ekpa on Terrorism Charges
Simon Ekpa, a Finland-based pro-Biafra agitator, has been arrested and detained by the Päijät-Häme District Court in Finland on charges of inciting public crimes with terrorist intent.
The alleged offence reportedly occurred in Lahti on August 23, 2021. Finnish authorities apprehended Ekpa on Monday, November 19, marking another chapter in his history of legal confrontations.
A source confirmed Ekpa’s arrest, noting, “He was arrested three days ago. But this is not the first time. He will likely be questioned and released soon.” Ekpa was previously detained in 2023 on suspicion of fundraising fraud but was released the same evening.
The Finnish National Bureau of Investigation (NBI) has also requested the detention of four additional suspects in connection with terrorism-related charges.
Ekpa has gained notoriety for his leadership of a Nigerian separatist group advocating for an independent Biafran state in southeastern Nigeria. Finnish authorities allege that he used social media platforms to coordinate actions that resulted in violence against civilians and authorities in Nigeria.
Detective Chief Inspector Otto Hiltunen of the NBI stated that the investigation focuses on a Finnish citizen of Nigerian descent, born in the 1980s, suspected of public incitement to crimes with terrorist intent.
Meanwhile, the Nigerian government has continued to engage the Finnish government through the European Union (EU) to extradite Ekpa. In August, Nigeria’s Defence Headquarters emphasized the dual approach of diplomatic engagement and sustained military operations against the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN).
Director of Defence Media Operations, Major General Edward Buba, reiterated the government’s resolve, saying, “The FG would respond appropriately to the Finnish Government through the EU. On the part of the military, troops would sustain operations against IPOB/ESN.”
Ekpa, who has represented Finland’s National Coalition Party (NCP) in local government, currently serves on Lahti’s public transport committee. Finnish authorities continue to investigate his activities, emphasizing the potential connection between his leadership role in the separatist movement and violent actions in Nigeria.
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