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The Nigerian government has unveiled a new tax collection framework aimed at widening the tax net to include small businesses. This was disclosed in a statement on Wednesday by Nigeria’s Finance Ministry X account. The policy document titled ‘Presumptive Tax Framework’ is expected to make tax payment simplified for traders, artisans, and other micro-enterprises. Speaking on the new system, the Executive Secretary of the Joint Revenue Board, JRB, Mr. Olusegun Adesokan, said it prohibits the use of roadblocks by tax officials to collect levies. “ It also bans the mounting of roadblocks for the collection of taxes.” On his part, Minister of Finance, Wale Edun, said the presumptive tax regime is meant to provide a simple and fair system for small businesses. “ The objective of presumptive taxation is not to overburden small businesses, but to provide a fair, simple, and predictable framework for tax compliance. “ Our fiscal strategy is anchored on expanding the tax base rather ...

FCT minister Nyesom Wike has dismissed claims that his decision to work with President Tinubu and the APC is about protecting his position. He says he takes “ serious exception ” to that suggestion and insists he was never offered a job in exchange for his support during the 2023 presidential election. He maintains that he backed Tinubu because he believed the president could stabilise the country, not because of any secret bargain. Wike points out that this is not his first time in the federal cabinet and that his political career does not depend on a single appointment. He recalls that he served as minister of state for education before becoming governor of Rivers State and later returning as FCT minister. For this reason, he says he cannot behave like someone who flatters leaders just to stay in government. The minister urges Nigerians to move away from the assumption that every political decision is driven by fear or selfish gain. He says leaders should be judged by whe...

Oyo State politics has evolved what many now describe as an unwritten but stubbornly consistent doctrine: no sitting governor has successfully installed a handpicked successor. From the era of Alhaji Lam Adesina to Adebayo Alao-Akala, from the late Senator Abiola Ajimobi to the incumbent Governor Seyi Makinde, the pattern has remained remarkably intact. This is not accidental. It reflects the fiercely independent, competitive, and often unpredictable political culture of the Pace Setter State. LAM ADESINA ERA (1999–2003) Alhaji Lam Adesina of the Alliance for Democracy (AD) governed during the early years of the Fourth Republic. But in 2003, the political climate shifted dramatically. The sweeping PDP wave across the Southwest unseated him, as Rasheed Ladoja emerged victorious. Rather than consolidating his structure into continuity, Adesina’s political dominance was interrupted. Power did not remain within his fold. The pattern had begun. LADOJA TO ALAO-AKALA Rasheed Ladoj...

The Inspector-General of Police, Tunji Disu, has inaugurated an eight-member high-ranking committee to oversee the implementation of the state police and the unveiling of the policing vision. TopTori learnt that Disu, following his confirmation as the 23rd indigenous Inspector-General of Police, held his first formal engagement with senior officers on Wednesday and inaugurated the committee. Professor Olu Ogunsakin was appointed to lead the eight-member state police committee. Addressing the top hierarchy of the Nigeria Police Force, IGP Disu declared that leadership is not about position but responsibility. According to him, professionalism and accountability must no longer be mere slogans, but guiding principles that shape conduct and operations across commands nationwide. Disu, who also announced plans to strengthen internal oversight mechanisms, directed that the Public Complaint Unit and X-Squad be empowered to operate independently, stressing that every Nigerian must...

President Bola Tinubu has nominated the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Dr. Taiwo Oyedele, as the Minister of State for Finance. Oyedele replaces Dr. Doris Anite-Uzoka, who has been redeployed to the Ministry of Budget and National Planning as Minister of State, her third portfolio in the administration. The President on Tuesday conveyed Oyedele’s nomination to the Senate for confirmation in a letter to the Senate President, Godswill Akpabio, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, on Tuesday. Until President Tinubu nominated him as a minister, Oyedele from Ikaram, Akoko, Ondo State, was the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system. The 50-year-old, from Ikaram, Akoko, Ondo State, is an economist, accountant, and public policy expert who led the comprehensive overhaul of Nigeria’s tax system through the Presidentia...

Oyo State politics has evolved what many now describe as an unwritten but stubbornly consistent doctrine: no sitting governor has successfully installed a handpicked successor. From the era of Alhaji Lam Adesina to Adebayo Alao-Akala, from the late Senator Abiola Ajimobi to the incumbent Governor Seyi Makinde, the pattern has remained remarkably intact. This is not accidental. It reflects the fiercely independent, competitive, and often unpredictable political culture of the Pace Setter State. LAM ADESINA ERA (1999–2003) Alhaji Lam Adesina of the Alliance for Democracy (AD) governed during the early years of the Fourth Republic. But in 2003, the political climate shifted dramatically. The sweeping PDP wave across the Southwest unseated him, as Rasheed Ladoja emerged victorious. Rather than consolidating his structure into continuity, Adesina’s political dominance was interrupted. Power did not remain within his fold. The pattern had begun. LADOJA TO ALAO-AKALA Rasheed Ladoj...