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Good morning! Nigerian Newspapers Headlines: Tax law: N5tn VAT windfall for states as new formula begins

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‎1. The 36 states of the federation are set to receive an estimated N5.07tn as their share of Value Added Tax in 2026, following the commencement of a new VAT sharing formula introduced under the National Tax Acts, findings by The PUNCH have shown.

This development is contained in the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper approved by the Federal Executive Council.

2.  A Federal High Court in Abuja has issued an order for the temporary forfeiture of 57 properties suspected to be proceeds of unlawful activities associated with the immediate past Attorney General of the Federation, Abubakar Malami. Justice Emeka Nwite issued the order on Wednesday.

3. Players and coaches of the Super Eagles have reportedly refused to travel to Marrakech for their next Africa Cup of Nations, AFCON, fixture, citing unpaid bonuses. The development was disclosed on X by BBC Africa journalist Oluwashina Okeleji, who is currently in Morocco.

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4. Leader of the New Nigeria People’s Party, Rabiu Musa Kwankwaso has boasted he will laugh at last in the ensuing defection crisis between him and Kano Governor, Abba Kabir Yusuf. While urging supporters to go back to the grassroots and mobilise people, Kwankwaso noted: “This is the most important thing before you as some people are defecting.”

5. Minister of the Federal Capital Territory, Nyesom Wike, has described Governor Siminalayi Fubara of Rivers State as “a bad child”. Speaking during a “thank you” visit to Asari-Toru Local Government Area of Rivers State, as part of his ongoing visit across the 23 local government areas of Rivers, Wike accused Fubara of cancelling some of the projects he handed over to him.

6. The leadership of the organised labour has again asked the Federal Government to immediately halt the implementation of the new tax laws to avoid face-off with workers across the country. The movement, comprising both the Nigeria Labour Congress NLC and the Trade Union Congress, TUC, said tax laws’ draft and implementation excluded inputs of workers in both private and public sector.

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7. Gunmen on Tuesday night attacked herders, killing one and injuring another around Gero community in Jos South Local Government Area (LGA) of Plateau state. Ibrahim Yusuf Babayo, state chairman of Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), who confirmed the incident to journalists on Wednesday, described it as barbaric.

8. Residents of Meiran were thrown into panic on Wednesday after hoodlums reportedly chased one another with axes along parts of the area. It was gathered from multiple eyewitnesses that no life was lost during the fracas, which occurred at Kabowei Bus Stop in Meiran at about 1pm on Wednesday.

9. The Kogi State sector command of the Federal Road Safety Corps has attributed a motor accident on the Lokoja–Abuja road, which killed five people and injured seven others, to wrongful overtaking. The FRSC office in Lokoja disclosed that the accident occurred on Tuesday and involved three children—two girls and a boy.

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10. A former Caretaker Committee Chairman of the Peoples Democratic Party in Rivers State, Robinson Ewor, has accused the state governor, Siminalayi Fubara, of illegally spending public funds. Ewor alleged that the state is currently running without a valid budget for the 2026 fiscal year.

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UK unveils programme for Tinubu’s state visit

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The United Kingdom government has unveiled the programme for the state visit of President Bola Tinubu, scheduled to take place from March 17 to 19. 

According to the itinerary, the visit will be hosted at Windsor Castle and will include bilateral meetings, ceremonial events and engagements with members of the Nigerian diaspora.

Preparations for the visit are scheduled for March 17, with security sweeps, road closures and procession rehearsals taking place ahead of the president’s arrival.

Tinubu will officially arrive the UK on March 18 and will be received by Prince William and Catherine, Princess of Wales.

A ceremonial welcome will follow on Datchet road, including the playing of national anthems and a guard inspection.

The president will then proceed in a carriage procession to Windsor Castle, where he will be received by King Charles III and Queen Camilla.

The schedule also includes a formal reception, a 21-gun salute and a state luncheon at St George’s Hall.

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Later in the day, Tinubu is expected to hold bilateral meetings with UK officials focusing on trade, security, migration and port development.

The day will conclude with a cultural exchange event showcasing Nigerian artefacts, followed by a state banquet hosted at Windsor Castle.

On March 19, the Nigerian president will hold a private breakfast with the king and queen before departing for London.

While in London, Tinubu is expected to lay a wreath at the The Cenotaph in Westminster.

He will also meet with Keir Starmer, UK prime minister, at 10 Downing Street, for bilateral discussions and a woking lunch.

Other engagements include a meeting with members of the Nigerian diaspora and the signing of bilateral agreements at Buckingham Palace.

The visit will conclude with Tinubu’s departure from RAF Northolt for Nigeria.

The trip marks Nigeria’s first full state visit to the UK in 57 years.

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Four dead, many injured as truck runs into fully-loaded commercial bus in Lagos

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Four passengers have died while many others are seriously injured following a road accident involving a truck and a commercial mini bus along the Lekki–Epe expressway.

The Lagos State Traffic Management Authority (LASTMA) said the accident occurred “over the weekend” opposite Beechwood in Shapati, inward Ajah.

In a statement issued by Adebayo Taofiq, spokesperson of the agency, the traffic agency said the crash involved a HOWO truck with registration number KNN 313 YL and a Suzuki commercial mini bus popularly known as ‘korope’.

According to the agency, preliminary findings indicated that the driver of the truck lost control of the vehicle which then veered across the road, crashing into the oncoming commercial bus conveying passengers.

LASTMA said the impact of the collision killed four male passengers instantly, while four other occupants — two males and two females — sustained severe injuries after getting trapped in the wreckage.

The agency said its personnel arrived at the scene promptly and rescued the injured victims from the mangled vehicle with the support of other emergency responders and passersby.

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The injured passengers were taken to Hamon Royal Hospital for medical treatment, while the bodies of the deceased were deposited at the Shency Hospital morgue by an ambulance belonging to the Federal Road Safety Corps.

Officers of the Nigeria police force attached to the Elemoro police division also secured the accident scene and managed traffic during the rescue operation.

LASTMA added that the driver of the truck and his motorboy fled the scene after the crash.

Olalekan Bakare-Oki, general manager of LASTMA, expressed condolences to the families of the victims and wished the injured speedy recovery.

He also urged motorists, particularly drivers of articulated vehicles, to adhere to traffic safety regulations and exercise caution to prevent road accidents.

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ADC faction fixes April 3 for national convention

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A faction of the African Democratic Congress (ADC) has announced April 3 to 5 as the date for the election of new members of the national working committee (NWC).

In a statement issued on Sunday, the ADC faction said party executives at the ward, LGA, state, and national congresses will be elected through consensus.

In a timetable outlining activities leading up to the national convention, the party said ward congresses will take place on March 19, followed by LGA congresses on March 24, and state congresses on March 28.

The group said the decision was taken to promote unity, inclusivity, and internal cohesion.

“This decision is taken in accordance with the party’s constitution and the Electoral Act 2026 (as amended), in furtherance of its commitment to promoting unity, cohesion, and inclusiveness within the party,” the statement reads.

“The BOT/NWC believes that the consensus approach will foster greater cooperation, understanding, and collective leadership, ultimately strengthening the party’s ability to achieve its goals and objectives.”

The ADC faction also announced the commencement of a membership registration exercise for new members, which will run from March 14 to 25.

The party said new members are expected to register at their respective ward offices and obtain membership cards through the party’s continuous membership registration committee (CMRC).

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“This exercise is strictly for new members; existing members are not required to renew their membership at this time,” the party said.

The group said issues arising from the various congresses would be addressed accordingly, with petitions from the national convention expected to be resolved between April 6 and 10.

The party faction distanced itself from the ongoing electronic membership mobilisation, registration, and revalidation exercise being conducted by the ADC coalition led by David Mark

The group said the exercise does not follow the procedures outlined in the party’s constitution, adding that the official online membership registration portal would be released later through the party’s authorised channels.

The statement was jointly signed by Nafi’u Bala, the factional national chairman, and Rufus Ikanmi, secretary of the board of trustees (BOT).

The ADC coalition, led by Mark, had earlier  scheduled April 14 for the election of the party’s national officers. 

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