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Good morning! Here Are Some Major News Headlines In Nigerian Newspapers Today: Governors reject increase in VAT, express support for Tax Reform Bills

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1. The Nigeria Governors’ Forum, NGF, has rejected the move to increase Value Added Tax, VAT. Rising from a meeting in Abuja on Thursday, the governors said the move is untimely. The governors also expressed support for the ongoing legislative process of the Tax Reform Bills.

 

2. The military high command has revealed that the recent spike in terrorists’ activities across the North-East and North-West regions is due to an influx of foreign fighters serving as reinforcements for Boko Haram terrorists. The outgone Director, Defence Media Operations, Edward Buba, a Major-General, disclosed this to journalists at Defence Headquarters, Abuja, during a press briefing on Thursday.

 

3. The Organisation of the Petroleum Exporting Countries, OPEC, has forecast global oil demand growth rate at 1.4 million barrels per day (mb/d) in 2025, with a similar growth rate expected in 2026. This is coming amidst the projection by the federal government to increase crude oil production above 2million barrels per day.

See also  BREAKING: Tinubu signs tax reform bills into law

 

4. The Federal High Court sitting in Ikoyi, Lagos State, has fixed January 20 for the Economic and Financial Crimes Commission, EFCC, to arraign the Chairman of Honeywell Group, Chief Oba Otudeko, and a former First Bank Managing Director Stephen Onasanya for allegedly defrauding the bank of N12.3 billion.

 

5. Governor Dapo Abiodun of Ogun State and Chairman of the Southern Governors’ Forum, SGF, disclosed, on Tuesday, that he has mobilised his colleagues in the South to activate a robust platform to exchange intelligence and robust operational synergy. He also assured that they are fully committed to the security of the region against reports of terrorist attacks.

 

6. The Independent National Electoral Commission has announced that 7,746 deceased voters were removed from the national voter register in 36 states and the Federal Capital Territory as of December 2022. The Director of Voter Education and Publicity, Victoria Etta-Messi, disclosed this on Thursday.

See also  Tax reform bills: Tinubu directs justice ministry, NASS to work on ‘concerns’

 

7. The Independent Corrupt Practices and Other Related Offences Commission will today arraign three former appointees of the ex-Governor of Kaduna State, Nasiru El-Rufai, in a new N64m money laundering case. The former appointees include the ex-Senior Special Adviser/Counsellor to the governor, Lawal Adebisi, the former Accountant General of Kaduna State, Umar Waziri, and the former Finance Commissioner, Yusuf Inuwa.

 

8. Tragedy struck in Okete, a quiet community in the Ohimini Local Government Area of Benue State, on Thursday, when a truck crashed into a residential building, killing nine members of a family. Sources told our correspondent that the incident occurred around 5 am when the family was still asleep.

 

9. The Lagos Chamber of Commerce and Industry has criticised the Federal Government for its delay in implementing the duty-free food importation policy, particularly following the arrival of a 32,000-tonne shipment of brown rice from Thailand in Lagos. The LCCI noted that the shipment arrived after the expiration of the government’s 180-day duty-free import window, raising concerns about the policy’s effectiveness and timing.

See also  Banks to charge 7.5 VAT for mobile transfer, PoS transaction fees

 

10. A Federal High Court in Lagos, on Thursday, granted a warrant of arrest against Ezekiel Onyedikachukwu, the manager of gospel singer Mercy Chinwo. Justice Alexander Owoeye granted the order following a motion ex parte brought by the Economic and Financial Crimes Commission, EFCC, seeking the arrest of the manager.

 

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Ex-IGP Egbetokun expresses happiness Tunji Disu is taking over, says they both benefitted from Tinubu mentorship

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Former inspector-general of police (IGP), Kayode Egbetokun, has said
he is happy that Tunji Disu is taking over from him as the country’s police chief.

Egbetokun spoke on Wednesday at the State House, Abuja, during the swearing-in and decoration of Disu as acting IGP.

The former IGP resigned from his position on Tuesday following a directive from President Bola Tinubu.

“I am happy that he is the one taking over from me. My advice to him is that he already knows all the things we have been doing together — strengthening operations, enhancing intelligence coordination, improving the inter-agency deployment model, dismantling several criminal syndicates, and improving our intelligence response mechanisms. I am sure he will continue to do that,” the former IGP said.

Egbetokun advised the new acting IGP to continue to remain committed to his duties, noting that Disu has been part of his administration from the beginning.

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“He was my principal staff officer; he was commissioner of police in Rivers state and in the FCT; he was assistant inspector-general in charge of my special protection unit,” Egbetokun said.

“When the president gave the presidential directive to withdraw police officers from VIP protection, he was the person I called upon to ensure that the directive was fully complied with, and he did it very well.”

Egbetokun said he is “particularly excited” to hand over to Disu, noting that they share “unique history” and both benefited from the mentorship of Tinubu during his tenure as governor of Lagos state.

“I remember learning many things from him (Tinubu), but there is something in particular I recall,” he said.

“He once said that a good leader should have a successor and a succession plan and must invest in his likeliest successors.

“I invested in likely successors in the Nigeria Police Force, and I am happy that one of those I invested in has been found most suitable for the job and has been decorated today.”

See also  BREAKING: Tinubu signs tax reform bills into law

Egbetokun thanked the president for trusting him with different positions, especially when he appointed him as his chief security officer when he was governor of Lagos state, and subsequently as IGP when he became president.

“I am deeply grateful to him,” Egbetokun said.

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Ex-NNPC GM jailed 7 yearsin US over $2.1m bribe from Chinese oil firm

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A United States district court has sentenced Paulinus Okoronkwo, a Nigerian American, to 87 months in prison for receiving a $2.1 million bribe from Addax Petroleum, a subsidiary of Sinopec, a Chinese state-owned petroleum and gas conglomerate.

Okoronkwo is a former general manager of the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited.

In a statement on Monday, the US government said John Walter, the district judge, ordered Okoronkwo to pay $923,824 in restitution to the Internal Revenue Service (IRS).

The judge also ordered the forfeiture of $1,039,997, which is the net proceeds of the sale of a home belonging to the ex-NNPC general manager.

In August 2025, Okoronkwo was found guilty of transactional money laundering, tax evasion, and obstruction of justice.

According to US prosecutors, while serving as NNPC’s upstream division general manager, Okoronkwo abused his position by accepting a $2.1 million payment from Addax Petroleum, the Switzerland-based subsidiary of Sinopec.

The prosecutors said the money, wired in October 2015 to his law firm’s trust account in Los Angeles, was disguised as payment for consultancy services but was a bribe to secure favourable drilling rights in Nigeria.

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The prosecutors had presented evidence that Addax executives falsified records to show the payment as legal fees, dismissed internal staff who raised concerns, and provided misleading information to auditors.

Okoronkwo, who practised immigration, family, and personal injury law in Koreatown, was said to have later used nearly $1 million of the bribe money as a down payment on a home in Valencia, California, while failing to declare the income on his 2015 tax return.

In October 2025, a US court granted the forfeiture application filed by the US government against Okoronkwo’s property.

The property is located at 25340 Twin Oaks Place, Valencia, California 91381.




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Tinubu charges acting IGP Tunji Disu to lead with discipline, rebuild trust in police

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President Bola Tinubu has charged Tunji Disu, the acting inspector-general of police (IGP), to lead with discipline and rebuild public trust in the Nigeria Police Force (NPF).

The president spoke at the State House on Wednesday during the decoration of Disu with his new rank as the acting IGP, following the resignation of Kayode Egbetokun.

Tinubu also told the new acting IGP to confront the escalating threats of banditry, terrorism, and other criminal activities across the country head-on.

“I expect you to strengthen the discipline, enhance interagency collaboration, and restore public confidence in Nigeria police,” the president said.

“Lead firmly but fairly, demand professionalism at every level and ensure that safety of lives and property remains your highest priority.”

Tinubu praised Disu as a “straightforward individual, committed and respected,” with sufficient discipline, urging him to draw from Egbetokun’s experience and “make it better than you met it.”

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“Nigeria is challenged right now with banditry, terrorism and all sorts of criminal activities,” he said.

“You’ll be part of the thinking, and you’ve been part of the innovation. The challenge as you hold the baton of this leadership is the belief that you will excel and Nigeria will prevail.”

The president appreciated Egbetokun for his “dedication in service” and “good leadership attributes” in maintaining law and order.

“Nigeria is a grateful nation to you,” he said.

“You have not succeeded without a good successor. Therefore, the success of a Tunji Disu IGP, when confirmed, is part of your responsibility.”

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