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March 14, 2025 House of Reps Okays Tax Reform Bills
IFMUYONEWS

House of Reps Okays Tax Reform Bills

The House of Representatives has approved President BOLA TINUBU’s tax reform bills today after months of controversy.

Presidential spokesperson and Special Adviser on Media and Public Communications, SUNDAY DARE, disclosed this in a statement through his official X account.

This comes amid ongoing controversy surrounding the tax reform bills in recent months. First, the Northern Nigeria Governors’ Forum rejected the bill, and then the National Economic Council also opposed the tax derivation model.

Recall that on October 3, 2024, Tinubu sent four tax reform bills—including the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill—to the National Assembly.

March 14, 2025 United States Government Sanctions Iran’s Oil Minister
IFMUYONEWS

United States Government Sanctions Iran’s Oil Minister

The United States has imposed sanctions on Iran’s Oil Minister, MOHSEN PAKNEJAD, as well as several Hong Kong-flagged vessels that are part of a shadow fleet used to conceal Iranian oil shipments.

In a statement released yesterday, the U.S. Treasury Department announced that PAKNEJAD is responsible for overseeing the export of tens of billions of dollars’ worth of Iranian oil and has allocated billions more to Iran’s armed forces for export purposes.

The statement further indicated that the Treasury Department also sanctioned the owners and operators of vessels that have either delivered Iranian oil to China or transported it from storage there. These entities are based in multiple jurisdictions, including India and China.

March 14, 2025 Senate Passes Vote of Confidence in Senator Godswill Akpabio
IFMUYONEWS

Senate Passes Vote of Confidence in Senator Godswill Akpabio

The Senate yesterday passed a vote of confidence in its President, Senator Godswill Akpabio.

The vote of confidence in Akpabio was passed unanimously during Thursday’s plenary, as senators reaffirmed their support for Akpabio’s leadership amid recent controversies.

The decision followed a motion moved by Senate Leader, Opeyemi Bamidele (Ekiti Central).

This development is coming on the heels of Senator Natasha Akpoti-Uduaghan’s appearance at the summit of the International Parliamentary Union, IPU in New York falsely alleging her suspension was due to her sexual harassment allegation against the President of Nigeria Senate.

March 14, 2025 Akwa Ibom State House of Assembly Passes Law to Establish Akwa Ibom State
IFMUYONEWS

Akwa Ibom State House of Assembly Passes Law to Establish Akwa Ibom State

The Akwa Ibom State House of Assembly passed into law “A Bill for a Law to Provide for the Establishment of the Akwa Ibom State University of Education, Afaha Nsit, and to Make Provisions for Its Administration and Other Connected Matters.”

This decision followed a report presented to the House by the Chairman of the House Committee on Education, Hon. KENIM ONOFIOK, during yesterday’s plenary session.

In presenting the report, Hon. ONOFIOK emphasized that the bill is designed to provide high-quality teacher education programs and create opportunities for Akwa Ibom children seeking admission into degree-awarding institutions. The university established under this bill will facilitate these opportunities.

As a result, the bill was passed into law and will take effect today, Thursday, 13 March 2025, as announced by the Speaker, Rt. Hon. UDEME OTONG.

It is worth noting that on Wednesday, 26 February 2025, the House Committee on Education held a public hearing to gather inputs from stakeholders in the development of the bill.

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