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Business Group Warns Unfair Tax System Hurts Nigeria’s Growth

A leading business association has warned that Nigeria's economic growth is being threatened by an "unfair" tax system that disproportionately burdens the private sector. The Bauchi State Chamber of Commerce (BACCIMA) stated that the system holds businesses to strict deadlines and penalties while government agencies delay payments and refunds without consequence. The Chamber's President, Aminu Danmaliki, called this imbalance "economically destructive." A key issue highlighted is the delay in Withholding Tax (WHT) refunds, which are legally due to compliant companies. BACCIMA proposed that these funds be held in a jointly managed account with the private sector to ensure refunds are processed within 30 days. The group also demanded that federal, state, and local governments be legally bound to pay contractors within a fixed 30-day period, with penalties for delays, just as businesses face penalties for late tax payments.

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Presidency Rejects World Bank’s Poverty Report on Nigeria

The Nigerian Presidency has rejected a recent World Bank report estimating that 139 million Nigerians are living in poverty, calling the figure "unrealistic." In a statement, President Bola Tinubu's media adviser, Sunday Dare, argued that the World Bank's model uses a global poverty line of $2.15 per day, which, when converted, amounts to nearly ₦100,000 per month. He pointed out that this is higher than Nigeria's new minimum wage of ₦70,000, making the metric an "analytical construct" rather than a true reflection of local realities. The Presidency emphasized that the government is focused on its reform trajectory and social programs, such as expanded cash transfers and infrastructure funds, to drive inclusive growth. It stated that what matters is the direction of the economy, not a static figure based on outdated consumption data. While the World Bank commended Nigeria's bold economic […]

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UN: Nigeria Lost $10bn to Northeast Conflict

A United Nations study has revealed that Nigeria lost an estimated $10 billion due to the decade-long conflict in the Northeast. The disclosure was made by the UN Children's Fund (UNICEF) during the launch of a reintegration program in Maiduguri. The agency stated that the insurgency not only shrank the national economy but also crippled the income and earning potential of families and young people in the region. To address this, UNICEF has launched a program to support over 1,000 children affected by the conflict. The initiative provides vocational training in skills like tailoring, ICT, and carpentry, alongside psychosocial support. The program aims to restore "hope, dignity, and opportunity" to adolescents, helping them build sustainable livelihoods and contribute to the recovery and resilience of their communities.

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Nigeria Launches Major Integrated Vaccine Campaign in Abuja

The National Primary Health Care Development Agency (NPHCDA) has launched a major integrated vaccine campaign in Abuja, targeting children from newborns up to 14 years old. The campaign combines multiple health interventions into a single effort. It includes routine immunizations, measles-rubella vaccines, polio drops, HPV vaccines for nine-year-old girls, and treatments for malaria and neglected tropical diseases. Dr. Muyi Aina, the NPHCDA CEO, stated that this integrated approach will help reach more children, reduce missed vaccinations, and significantly improve child health outcomes across the country. All services provided are free of charge. The first phase of the campaign is running from October 6th to 15th in 19 northern states and Oyo State. A second phase will cover the southern states in early 2026. The initiative is supported by international partners like WHO and UNICEF.

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Obasanjo: Nigeria Needs Local, Foreign Investment to Grow

Former President Olusegun Obasanjo has stated that Nigeria urgently needs to mobilize both local and international investments to achieve progress. He made the statement on Tuesday while commissioning the newly built Sir Ahmadu Bello International Conference Centre in Bauchi. Obasanjo praised the state-of-the-art facility, describing it as a world-class project that can position Bauchi as a major hub for tourism and business. He emphasized that the conference centre is a strategic asset for attracting the investments Nigeria needs. "I will go anywhere with the governor to get investments for Bauchi State," Obasanjo declared. The project contractor revealed that the facility, which sits on 10,000 square meters and can host 3,000 people, was entirely executed by local engineers and contractors, showcasing local capacity

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UNICEF, Borno to Train 1,033 Conflict-Affected Children

The United Nations Children's Fund (UNICEF), in partnership with the Borno State Government, has launched a vocational training program for 1,033 children affected by the armed conflict in the Northeast. The initiative, launched in Maiduguri, aims to equip the children, including 466 girls, with practical skills to rebuild their lives. They will receive training in tailoring, ICT, car mechanics, shoemaking, and carpentry at centers across the state. A UNICEF representative stated that the prolonged insurgency has denied many children the chance to learn skills or pursue their dreams. The program is designed to restore "hope, dignity, and opportunity" by combining vocational training with life skills and psychosocial support. The Borno State Commissioner for Education commended UNICEF for the initiative, highlighting its importance for children who were previously abducted and forced into roles by insurgents.

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Motorcyclist Killed by Truck in Ondo Road Accident

A motorcyclist was crushed to death by a truck on Wednesday morning along Oda Road in Akure, the Ondo State capital. According to an eyewitness, the accident occurred when a speeding truck lost control and rammed into the motorcycle. The victim, who was returning home after dropping his children off at school, died instantly at the scene. The witness described the incident as a "very sad scene." The body of the deceased has been taken to a mortuary, while the truck driver reportedly fled the scene. Officials from the Federal Road Safety Corps and the State Police Command stated they had not yet been officially briefed on the incident.

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NDLEA Open to Exporting Cannabis Oil, Bans Local Use

The National Drug Law Enforcement Agency (NDLEA) has stated it is open to the controlled export of cannabis oil to boost foreign earnings but remains firmly opposed to its local consumption in Nigeria. Speaking at a scientific workshop, NDLEA Chairman Brig. Gen. Mohamed Buba Marwa (Retd.) explained the agency's position. He emphasized that while the export of cannabis oil to countries where it is legal could be considered, such operations would be strictly licensed, monitored, and confined to export free zones. Marwa highlighted the significant health risks associated with cannabis, including mental health issues and addiction. He argued that for a country like Nigeria, which already has a high rate of substance abuse, allowing local use would be dangerous. The NDLEA is currently working with the Nigerian Academy of Science on an evidence-based study to guide the country's final policy […]

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 Senator Natasha Returns to Senate After Six-Month Suspension

Senator Natasha Akpoti-Uduaghan has returned to the Nigerian Senate after serving a six-month suspension. The lawmaker, representing Kogi Central, was seen on the floor as the Senate resumed plenary on Tuesday. Her return marks the end of a suspension that was imposed in March 2025 for alleged misconduct during a protest over the reassignment of her seat. Prior to her official return, her office, which had been sealed, was recently reopened. During that time, she publicly criticized Senate President Godswill Akpabio, calling him a "dictator." The suspension had sparked significant public debate, making her reinstatement a notable event in the new parliamentary session.

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Group Launches Campaign to Raise ₦100bn for Military Families

A non-governmental organization, the Defend Trust Fund Campaign, has launched an initiative to raise ₦100 billion for the welfare of Nigerian military and paramilitary families. The fund aims to provide scholarships, entrepreneurship grants, vocational training, and psychosocial support to the spouses and children of personnel who are serving or have died in the line of duty. The campaign plans to collect 100,000 citizen signatures to push for the establishment of this national endowment. Lead Advocate Mohammed Thompson stated that the initiative is designed to "restore dignity and hope" to families who often face hardship and neglect after losing their breadwinners. He shared that his own experience growing up in a military barracks inspired the deeply personal campaign, having witnessed families struggle after a tragedy. The campaign, which will run until January 2026, is being launched in partnership with the Nigerian […]

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