Henzodaily looks at the top happenings making headlines on the front pages of Nigeria’s national newspapers today Thursday, 5th December 2024.
The PUNCH: The Senate has suspended action on the Tax Reforms Bills, The PUNCH reports. The Senate further instructed its Committee on Finance to stay action on the public hearing pending the time the agitation in the public space was addressed.
The Guardian: Abuse of antibiotic drugs and its attendant resistance has hit a new record with no fewer than 64,500 Nigerians killed by related causes yearly. With over 1.2 million suffering from antimicrobial resistance now in Nigeria, stakeholders believe that an emergency needs to be declared on the overuse and misuse of antibiotics nationwide.
ThisDay: The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, yesterday argued that derivation formula in the tax reform will reduce inequitable distribution of resources. He stated that some states pushing back on the proposed 60 per cent Value Added Tax (VAT) derivation formula may end up with 100 per cent if the courts eventually decide so.
The Nation: In search of consensus on the Tax Reform Bills, a parley of the Executive with senators will hold today in Abuja. This is in line with President Bola Ahmed Tinubu’s directive and the resolution of the Senate. Minister of Justice and Attorney-General of the Federation (A-GF) Lateef Fagbemi (SAN) is expected to lead a Federal Government delegation to the Red Chamber of the National Assembly.
Daily Trust: For northern politicians, accusations of acting against “northern interest” can be politically perilous. This is the charge the Deputy President of the Senate, Senator Barau Jibrin, has been battling since the controversy over the tax reform bills caused an uproar in the Senate.
