News
RMAFC Not Opposed To President Tinubu’s Tax Reform
Joel Ajayi
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has refuted recent media reports alleging its opposition to President Bola Ahmed Tinubu’s proposed tax reform bills.
Speaking during a press briefing in Abuja, today, Tuesday 10th December, 2024, the Chairman of the Commission, Dr. Mohammed Bello Shehu, OFR, described the reports as “grossly misleading, false, and malicious.”
Dr. Shehu clarified that the RMAFC has been fully engaged in the reform process and is aligned with President Tinubu’s vision for an equitable and sustainable fiscal framework. He also highlighted the importance of the proposed tax reform bills in addressing Nigeria’s fiscal challenges.
“We applaud President Tinubu’s strong commitment to repositioning Nigeria’s revenue base through bold initiatives. The proposed tax reform bills are a significant step towards integrating untapped revenue sources, enhancing Nigeria’s revenue-to-GDP ratio, and positioning the country favorably among nations with high fiscal performance,” Dr. Shehu stated.
While acknowledging that the issue of Value Added Tax (VAT) allocation and derivation has sparked intense debate, Dr. Shehu reassured Nigerians of the Commission’s proactive involvement in ensuring that global best practices guide the reform process.
“As a responsible and patriotic institution, we have submitted a comprehensive memorandum that emphasizes adherence to global best practices. This position aligns seamlessly with Mr. President’s vision,” he added.
Dr. Shehu condemned the spread of misinformation, emphasizing that the RMAFC has never opposed the bills but has instead provided professional advice to support their refinement.
He called on Nigerians to disregard baseless reports and urged the media to uphold ethical standards in their reportage.
“It is disheartening to note that, despite our explicit support for the proposed legislation, some individuals have chosen to peddle falsehoods for reasons best known to them,” he said.
“These inaccurate statements can undermine the ongoing efforts of patriotic Nigerians tirelessly working to support the President’s vision for the country.”
The Chairman further explained that the proposed tax reform bills are currently undergoing consultations, with inputs being sought from expert bodies. He cautioned against misinterpretation or misrepresentation of professional advice during this process.
“The Commission is a critical stakeholder in Nigeria’s fiscal framework, and we take our responsibility to provide expert advice seriously. We have been working closely with the National Assembly to ensure the proposed legislation is robust, effective, and aligned with global best practices,” Dr. Shehu emphasized.
He noted that the proposed bills aim to promote fiscal equity, reduce tax evasion, and increase revenue generation—objectives that align with the RMAFC’s mandate.
However, he acknowledged concerns about potential impacts on businesses and individuals, assuring stakeholders that the Commission remains committed to addressing these through constructive engagement.
Dr. Shehu stressed the importance of relying on factual information to avoid unnecessary controversies and called on all Nigerians to support the President’s bold fiscal reforms.
“At this critical juncture, the President needs the support of all Nigerians. Let us work together to support his vision for a more prosperous Nigeria,” he concluded.
The RMAFC urged the media to avoid the spread of fake news and focus on promoting factual and constructive dialogue for the collective good of the nation.
Foreign news
Algeria’s Glorious Revolution: Embassy Marks 72nd Anniversary in Abuja
Joel Ajayi
The Embassy of Algeria in Nigeria has commemorated the 72nd anniversary of the country’s Glorious Revolution of November 1, 1954, with a reception in Abuja, highlighting Algeria’s liberation struggle and strengthening diplomatic relations with Nigeria.
The event, held on November 9, 2026, at Continental Suites Hotel, attracted prominent personalities, including the Speaker of the House of Representatives, Dr Tajudeen Abbas, members of the Federal Government, senior government officials, heads of diplomatic missions and other friends of Algeria.
Speaking at the reception, Algeria’s Ambassador to Nigeria, Hocine Mezoued, welcomed guests and paid tribute to the country’s freedom fighters who sacrificed their lives during the struggle for independence.
He described the November 1, 1954 revolution as the foundation of modern Algeria, noting that the sacrifices of the nation’s martyrs made it possible for the country to reclaim its sovereignty.
On Algeria’s development agenda, Mezoued said President Abdelmadjid Tebboune’s administration had continued to pursue economic reforms, diversification and national development under its New Algeria vision.
He noted that the country was recording progress in non-hydrocarbon exports, while improvements in the business environment had boosted investor confidence and attracted significant foreign investments.
On foreign policy, the ambassador reaffirmed Algeria’s commitment to non-interference, respect for national sovereignty, peaceful conflict resolution and the right of peoples to self-determination.
Addressing security challenges in the Sahel, he stressed that lasting peace could not be achieved through military measures alone, insisting that economic development, inclusive dialogue and peaceful resolution of disputes remained essential.
Turning to Nigeria-Algeria relations, Mezoued described the partnership as one founded on shared values and the commitment of both countries’ leaders to advancing African development.
He identified the Trans-Saharan Highway, Trans-Saharan Gas Pipeline and Trans-Saharan Fibre Optic Backbone as major strategic projects receiving attention from both countries.
The ambassador also disclosed that Algeria had continued to provide scholarships to Nigerian students to strengthen human capital development and capacity building.
He further announced that Air Algérie expanded its Nigerian operations on October 26, 2026, with the introduction of two weekly flights to Lagos, expressing confidence that the service would boost trade and tourism.
Looking ahead, Mezoued said 2027 would offer fresh opportunities to deepen bilateral cooperation, particularly through the fifth Joint High Bi-National Commission scheduled to hold in Abuja.
He expressed optimism that the meeting would provide an opportunity to assess existing partnerships, identify new areas of cooperation and move Nigeria-Algeria relations towards a more practical and results-driven phase.
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