Bola Ahmed Tinubu GCFR President of the Federal Republic of Nigeria has hit the ground running.....

-

Key takeaway points of the President’s Speech


— the declaration of the end of fuel subsidy

 

—the reintroduction of commodity board


— the immediate mandate on the CBN on the achievement of a Unified Exchange Rate and assured house cleaning at the CBN


— re-evaluation of the high interest rates that is anti-investment 


— focus on infrastructural development to facilitate job creation 


— exponential effort on electricity generation, transmission and distribution with the participation of state governments. 


— holistic review of all anti-investment and multiple taxation policies. 


—the immediate facilitation of repatriation of investment and profits. 


—Agricultural Revolution and the full implementation of the “Agbado Policy” 



Comments

Post a Comment

Disclaimer
Comments expressed here do not reflect the opinions, thoughts, ideas and feelings of https://www.edgeofdworld.com or any employee thereof

Popular posts from this blog

Could President Trump issue an executive order to abolish birthright citizenship?

-
Image
President Donald Trump’s recent claims that he has the authority to end birthright citizenship through an executive order have sparked a heated debate. However, most constitutional scholars argue that such an action would be unconstitutional and likely to face legal challenges. *The 14th Amendment* The 14th Amendment to the United States Constitution, ratified in 1868, explicitly states that “all persons born or naturalised in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside” ¹. This amendment was initially intended to grant citizenship to recently freed slaves, but it has also been interpreted to confer birthright citizenship on anyone born on American soil. *Supreme Court Precedents* The Supreme Court has consistently upheld the birthright citizenship provision of the 14th Amendment in numerous cases. In United States v. Wong Kim Ark (1898), the court ruled that a child born in the United States to Chin...
Continue Reading »

President Bola Ahmed Tinubu Tax Reform

-
Image
President Bola Tinubu’s tax reform bills have sparked a lively debate in Nigeria. Many experts believe that if implemented effectively, these reforms could significantly benefit the country and its citizens. The proposed reforms aim to lay the foundation for Nigeria’s fiscal policy and are based on recommendations from the Taiwo Oyedele led Presidential Committee on Fiscal Policy and Tax Reforms. *Key Provisions of the Tax Reform Bills* The tax reform bills introduce several key changes to Nigeria’s tax laws. Among the notable provisions are: - *Tax Exemption for Low-Income Earners*: The proposed Nigeria Tax Bill offers tax relief to average Nigerian salary earners by exempting individuals earning below N800,000 per year from paying taxes. - *Reduced Tax Rates for Small Businesses*: The bill also proposes to exempt small businesses with annual incomes below N25 million from paying profit taxes. Additionally, the top profit tax rate for larger companies would be reduced from 30% t...
Continue Reading »

Congratulations: The President of The Federal Republic of Nigeria Bola Ahmed Tinubu - Renewed∞Hope ∞∞∞

-
Image
FIRST INAUGURAL ADDRESS BY PRESIDENT BOLA AHMED TINUBU 29 MAY 2023 THE NIGERIAN IDEAL My Fellow Citizens,   I stand before you honoured to assume the sacred mandate you have given me. My love for this nation is abiding. My confidence in its people, unwavering. And my faith in God Almighty, absolute. I know that His hand shall provide the needed moral strength and clarity of purpose in those instances when we seem to have reached the limits of our human capacity.   This day is bold and majestic yet bright and full of spirit, as is our precious nation.   As a nation, we have long ago decided to march beyond the dimness of night into the open day of renewed national hope.   The question we now ask ourselves is whether to remain faithful to the work inherent in building a better society or retreat into the shadows of our unmet potential.   For me, there is but one answer. We are too great a nation and too grounded as a people to rob ourselves of our finest destiny. ...
Continue Reading »

The Rise of Asiwaju Bola Ahmed Tinubu: How He Became the People's Choice for Nigeria's Presidency"

-
Image
Introduction: Asiwaju Bola Ahmed Tinubu has emerged as a prominent political figure in Nigeria, with his presidential candidacy generating widespread interest and support for the upcoming 2023 election. This article explores the remarkable journey of Tinubu, tracing his rise from his early life to his influential role in Nigerian politics. We will delve into his early life and political career, while highlighting his significant achievements to date, shedding light on why he has become the people's choice for Nigeria's presidency. Early Life and Education: Asiwaju Bola Ahmed Tinubu's early life and education played a significant role in shaping his political career. Tinubu was born in Lagos, Nigeria, to a prominent Muslim family. His mother, Late Abibatu Mogaji, was a businesswoman and philanthropist. Tinubu's upbringing was marked by a strong emphasis on education and community service. He attended St. John's Primary School, Aroloya, Lagos, and later proceeded to t...
Continue Reading »