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New Tax Laws Aim to Support Aviation Sector, Not Increase Burden, Committee Says

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New Tax Laws Aim to Support Aviation Sector, Not Increase Burden, Committee Say

 

The Presidential Fiscal Policy and Tax Reforms Committee has said Nigeria’s newly introduced tax laws are intended to strengthen the aviation industry rather than place additional pressure on operators.

 

In a statement addressing concerns raised by stakeholders, the committee explained that the reforms were carefully structured to remove long-standing cost drivers that have weighed heavily on the sector.

 

According to the committee, one of the key changes is the removal of the 10 percent withholding tax on aircraft leases, a levy that had significantly increased operating costs for airlines. The reforms also restore full value added tax neutrality for the industry, with guarantees that eligible VAT refunds will be processed, allowing operators to recover input taxes without prolonged delays.

 

The committee further noted that import duty exemptions on aircraft, engines, and spare parts have been retained, preserving a critical incentive that supports fleet acquisition, maintenance, and safety standards.

 

In addition, the new framework provides a clear pathway toward lower corporate income tax rates, which the committee said would improve the financial sustainability of aviation businesses and encourage long-term investment in the sector.

 

The committee emphasized that the overall objective of the reforms is to create a more predictable and supportive tax environment that promotes growth, competitiveness, and operational efficiency across Nigeria’s aviation industry.

 

 

Nigerian Army Neutralizes Over 80 Terrorists, Rescues 34 Kidnap Victims in Five-Day Operations

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Nigerian Army Neutralizes Over 80 Terrorists, Rescues 34 Kidnap Victims in Five-Day Operations

 

The Nigerian Army has neutralized more than 80 terrorists, rescued 34 kidnapped civilians, and arrested dozens of suspects during coordinated military operations carried out between December 25 and 29.

 

This was disclosed by a credible source at Army Headquarters, who spoke to the News Agency of Nigeria (NAN).

 

According to the report, the operations were conducted across several states as well as the Federal Capital Territory, targeting terrorist hideouts, criminal networks, and areas identified as flashpoints for violent activity.

 

The source said the troops recorded significant successes through sustained ground assaults, intelligence-led raids, and patrols aimed at dismantling terrorist cells and disrupting kidnapping operations. In the course of the engagements, several suspects linked to terrorism and other serious crimes were arrested.

 

The rescued civilians, who had been held in captivity by armed groups, were safely recovered during the operations and handed over for medical evaluation and further support.

 

Military authorities said the outcomes reflect the army’s continued commitment to restoring security, protecting civilians, and weakening the operational capacity of terrorist and criminal elements across the country.

 

The Nigerian Army reaffirmed that operations remain ongoing, with troops maintaining pressure on hostile groups in line with national security objectives.

JUST IN: Two people who died from Joshua’s accident are foreign nationals, says Ogun

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The Ogun State Government has expressed profound condolences to the families, friends, and associates of the victims of a tragic road accident involving world heavyweight boxing champion Anthony Joshua, who narrowly escaped death on Monday.

 

The fatal accident occurred along the busy Lagos–Ibadan Expressway, within the Makun axis of Ogun State, and sadly claimed the lives of two persons. Anthony Joshua and three other individuals were reportedly travelling from Lagos to Sagamu at the time of the incident.

 

Preliminary reports indicate that two male foreign nationals died on the spot. Their remains have since been deposited at the Livewell Morgue in Sagamu. Anthony Joshua and the driver of the vehicle were promptly rescued by security personnel attached to his convoy and taken to a hospital, where they are currently receiving medical attention.

 

The sport utility vehicle conveying the occupants was said to have rammed into a stationary truck along the expressway. While the severely damaged vehicle has been evacuated to the Sagamu Motor Traffic Division (MTD) office, efforts are ongoing to tow the truck involved to the same location to facilitate a comprehensive investigation.

 

The Ogun State Government describes the incident as deeply unfortunate and painful, particularly with the loss of precious lives, while others sustained varying degrees of injuries and are receiving medical care.

 

Motorists are therefore urged to exercise utmost caution and adhere strictly to traffic regulations, especially during the festive season when vehicular movement is typically heavy. Road safety officers and other security agencies are also enjoined to intensify surveillance and enforcement efforts across the State to ensure the safety of lives and property.

 

Our hearts go out to the bereaved families who lost their loved ones in this tragic incident, which the State considers a devastating loss. As we mourn collectively, we pray for the repose of the souls of the departed and for the speedy recovery of the injured. May Almighty God grant the families left behind the fortitude to bear this irreparable loss.

 

E-Signed

 

Kayode Akinmade

Special Adviser,

Information and Strategy

Just In: Anthony Joshua Involved in Fatal Road Crash in Ogun State; Two Feared Dead

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World heavyweight boxing star Anthony Joshua was involved in a serious road traffic accident on Monday morning in Ogun State, resulting in the reported deaths of two occupants of the vehicle conveying him.

The crash occurred at about 11:00 a.m. in the Makun area, along the Lagos–Ibadan Expressway, near Danco Filling Station, shortly before the Sagamu Interchange. Eyewitness accounts indicate that the Lexus Sports Utility Vehicle in which Joshua was travelling collided with a stationary truck parked by the roadside.

 

The vehicle, bearing registration number KR**50 HN, was said to be carrying four occupants at the time of the incident. Joshua was reportedly seated at the rear of the vehicle, directly behind the driver. Two passengers, one seated beside him and another in the front seat, were confirmed dead at the scene.

An eyewitness, Adeniyi Orojo, who took part in the initial rescue efforts, said the impact was severe and the scene immediately became chaotic. He explained that he assisted in calling for help and managing the situation until officials of the Federal Road Safety Corps arrived to take control.

 

The accident reportedly involved a two-vehicle convoy, with Joshua’s security detail travelling in a second vehicle behind the Lexus. Rescue efforts began almost immediately after the collision, with emergency responders working to secure the area and attend to the injured.

 

News of the incident has triggered widespread concern on social media, particularly among fans and members of the sporting community, as questions continue to trail the condition of the boxer.

 

Attempts to reach the Ogun State Traffic Compliance and Enforcement Corps spokesperson, TRACE Commandant Akinbiyi Babatunde, were unsuccessful as of press time. However, the Ogun State Police Public Relations Officer, Oluseyi Babaseyi, confirmed that the crash occurred and stated that further details would be made available after preliminary investigations.

 

As of the time of filing this report, there has been no official statement on Anthony Joshua’s medical condition. Authorities are continuing investigations to determine the exact cause of the crash, with more updates expected in the coming hours.

Mukoro Michelle, Popularly Known as King Mitchy, Named Africa’s Humanitarian Person of the Year 2025 by Ranks Africa

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Mukoro Michelle, widely known as King Mitchy, has been officially named Africa’s Humanitarian Person of the Year 2025 by Ranks Africa, in the inaugural edition of the Africa Best of the Year Honors. This recognition celebrates her extraordinary compassion, consistency, and life-changing impact on vulnerable communities across the continent.

Despite her young age, King Mitchy has distinguished herself through a rare depth of empathy and responsibility. Her humanitarian work is not driven by visibility or applause, but by a genuine commitment to restoring dignity and creating lasting change. She does not simply intervene and move on; she stays, follows through, and ensures that lives are truly transformed.

In 2025, King Mitchy raised the bar for grassroots humanitarian action. From supporting families in need to empowering individuals with sustainable solutions, her daily acts of kindness evolved into a powerful movement of hope. Each initiative reflects intention, sacrifice, and a hands-on approach that prioritizes people over publicity.

What sets King Mitchy apart is her authenticity. Her impact is deeply personal, community-focused, and rooted in compassion. She has become a symbol of a new generation of African humanitarians, young, fearless, and driven by purpose rather than recognition.

Her work continues to inspire thousands, proving that meaningful humanitarian service does not require wealth or status, but heart, consistency, and courage. Through her actions, King Mitchy has redefined what it means to serve, reminding Africa and the world that true impact is measured by lives changed, not headlines gained.

By naming Mukoro Michelle, widely known as King Mitchy Africa’s Humanitarian Person of the Year 2025, Ranks Africa honors not just her efforts, but the powerful message her journey represents—that one person, driven by compassion, can create ripple effects of hope across an entire continent.

As her impact continues to grow, King Mitchy stands as a beacon of humanity, resilience, and purpose, shaping a brighter future for communities across Africa.

Watch out for an exclusive feature in Ranks Africa Q1 2026 Magazine, where we celebrate the Best of the Year 2025 Personalities in the print edition of Ranks Africa Magazine.

Toyin Abraham Opens Up on Parenting, Gen Z Children, and the Message Behind Oversabi Aunty.

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Popular Nollywood actress and filmmaker Toyin Abraham has shared a heartfelt reflection on motherhood, parenting, and the lessons she has learned over time—especially in relating with today’s Gen Z children.

 

According to her, there was a time when she used to feel very annoyed and impatient, particularly before she had her own children. Back then, she found it difficult to tolerate certain behaviours from other people’s children. However, everything changed the moment she became a mother.

Toyin revealed that having her own children made her more understanding and patient. She explained that she now realizes that, as parents, we do not have total control over everything our Gen Z children do, no matter how much we try. Their generation thinks differently, lives differently, and expresses itself in its own unique way.

 

Using real-life examples, Toyin explained that her new movie, Oversabi Aunty, is currently showing in cinemas, yet her daughters, Temitope and Priscilla Ojo, have not posted the movie on their social media platforms. According to her, this no longer bothers her because she understands that they have their own preferences, interests, and content choices.

 

She admitted that in the past, she used to get annoyed with Priscilla Ojo whenever her mother’s movie (Aunty Iyabo) was released and Priscilla did not promote it online. Over time, however, Toyin realized that she was wrong. She stressed that parents should not force their children to go against their wishes or personal choices, especially in this era.

 

Toyin also mentioned Eni, whom she described as her son as well. She shared how she repeatedly called him to help create awareness for Oversabi Aunty, only to later realize that she was inconveniencing him. According to her, even children and young adults who love us deeply still need their space because they have their own lives to live.

 

With humility and honesty, Toyin appealed to parents to take it easy with their Gen Z children, whom she playfully referred to as “Gen Z baddies.” She emphasized the need for understanding, communication, patience, and mutual respect between parents and children.

 

She further revealed that this realization is one of the major reasons she produced Oversabi Aunty—a movie created to help parents learn better ways to relate with their children so that peace, love, and understanding can reign in families.

 

Finally, Toyin called on everyone who watched Oversabi Aunty to help spread the word by encouraging others to see the movie in cinemas.

 

“If you’ve watched it, tell someone to tell someone to come out and watch Oversabi Aunty,” she urged.

 

Oversabi Aunty is more than just entertainment—it is a lesson for parents, families, and society at large.

EXCLUSIVE: Investigators Trace Abubakar Malami’s Wealth to Abacha Loot, Paris Club Refunds, and CBN Agricultural Loans

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Investigations into the financial dealings of Abubakar Malami, former Attorney-General of the Federation, have revealed that a substantial portion of his wealth may be linked to multiple government-related funds and programmes, TheCable can report.

 

Sources close to the investigation indicate that the major streams contributing to Malami’s wealth include Paris Club refunds allocated to Nigerian states, unpaid loans obtained through the Central Bank of Nigeria’s (CBN) Anchor Borrowers Programme, and the restitution of Abacha loot returned to Nigeria. These funds, intended for public use or to support economic and social initiatives, are now under scrutiny in connection with Malami’s personal finances.

 

The former AGF has been detained by the Economic and Financial Crimes Commission (EFCC) as part of a broader investigation into alleged mismanagement and misappropriation of public funds. He is expected to be arraigned before a Federal High Court in Abuja in the coming days.

 

The revelations raise serious questions about accountability and oversight in the management of government resources, particularly funds meant to support states, agriculture, and the repatriation of stolen public wealth.

 

As the legal process unfolds, the EFCC has signaled that it will continue tracing the origins and movement of the assets in question, emphasizing that those implicated in diverting or mismanaging public funds will face prosecution.

 

This case underscores ongoing concerns about transparency and the protection of public resources in Nigeria, and its outcome is being closely watched by both civil society groups and the wider public.

Kazeem Opeyemi Balikis Honoured as Best Script Writer at the 2025 Integrity Icon Awards

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KAZEEM OPEYEMI BALIKIS has been named Best Script Writer of the Year at the 2025 Integrity Icon Awards, a recognition that reflects years of disciplined craft, consistency, and professional integrity within Nigeria’s film and television space.

The Integrity Icon Award is reserved for creatives whose work demonstrates excellence, reliability, and a clear ethical standard in storytelling. In presenting the Best Script Writer honour to Balikis, the award committee cited her sustained contribution to narrative quality, character development, and culturally grounded storytelling across multiple productions.

Balikis has built her reputation as a writer who understands both story and structure. Her scripts are defined by emotional clarity, purposeful dialogue, and narratives that respect the intelligence of the audience. Rather than relying on excess drama, her work draws strength from realism, moral tension, and carefully paced conflict. These qualities have become increasingly visible across her body of work.

Her writing credits include Fate, Perfect, Hidden Wound, My Cake, Aiku, and Aso Mi, among others. Each project reinforces her ability to move between genres while maintaining a consistent voice and professional standard. She currently works full time with Integrity Icon Productions, where she plays a key role in story development and screenplay execution.

The award also acknowledges her most recent creative milestones. Her last completed project, ALE, was noted for its narrative restraint and thematic depth, while her ongoing work on The Unwritten Law points to a writer entering a more mature and socially reflective phase of her career.

Speaking on the recognition, the Integrity Icon Awards described Balikis as “a writer whose scripts carry both technical discipline and moral clarity, reflecting the values the award was created to celebrate.” The statement underscored her commitment to professionalism, collaboration, and narrative honesty within production environments.

Winning the Integrity Icon Award for Best Script Writer 2025 places Kazeem Opeyemi Balikis among a select group of creatives shaping the present and future of Nigerian storytelling. It is not only a celebration of individual talent, but a broader endorsement of writers who prioritise craft over noise and substance over spectacle.

For the industry, the recognition affirms an essential truth. Strong stories remain the foundation of great cinema, and writers like Kazeem Opeyemi Balikis continue to prove that integrity, patience, and precision still matter.

Inside Oyotunji: The Yoruba Kingdom Founded in America and Its Royal Legacy

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In the 1970s, Serge King, an American-born man with a growing interest in black nationalism, established a Yoruba kingdom in the United States, naming it Oyotunji. Upon assuming leadership, he took the royal name Oseijeman Adefunmi and ruled the self-governing community until his death in 2005.

 

Adefunmi’s journey began years earlier when he discovered that he was a descendant of a Yoruba ancestor who had been enslaved during the transatlantic slave trade. At the time, he was working as a graphic designer and nightclub dancer and was married to a Dutch model. His exploration of African identity eventually took him to Cuba, where he became a Yoruba priest, deepening his commitment to African spirituality and culture.

 

Upon returning to the United States, Adefunmi purchased land in Beaufort County, South Carolina, and founded Oyotunji, a community governed by its own political and social systems inspired by Yoruba traditions. He divorced his white wife, citing incompatibility with his dedication to black nationalism, and later married five wives, all of whom resided within the kingdom.

 

Oyotunji’s economy partly relied on spiritual services offered to Black Americans outside the community, who sought guidance from the gods and devils recognized in Yoruba practice. This practice generated roughly $80 per month. Marriages within the community followed specific regulations: men had to be at least 28 years old, and their wives had to be at least ten years younger. Women were forbidden from bearing children outside of marriage.

 

The kingdom’s legal framework handled minor crimes internally. While serious offenses such as murder were referred to the American legal system, burglary and r–ape cases were adjudicated within Oyotunji, with fines ranging from $80 to $100. Reflecting on the vision behind his experiment, Adefunmi explained, “We are trying to live the same life as the Africans.”

 

Following his death in 2005, Adefunmi’s son, Oba Adejuyigbe Adefunmi II, succeeded him as the king of Oyotunji, continuing the legacy of his father and preserving the community’s cultural and spiritual traditions.

 

Photo credits and details:

 

Top: Children in Oyotunji village.

 

Left: Adefunmi with his son, his successor.

 

Right: Two of his five wives carrying ceremonial items.

 

 

Source: The Drum / Archivi | Credit: Ethnic African Stories

Èyò Festival in Lagos: Tradition, Youth, and the Living Culture

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The Èyò festival in Lagos this year offered a striking display of how deeply tradition can be woven into the lives of a people, even amidst modern religious and cultural debates. While some believe that certain customs may conflict with religious values or diminish the prestige of religious households, Lagos has demonstrated that culture can coexist with contemporary life in vibrant and meaningful ways.

 

Unlike the Ijebu’s Ojude Oba festival, which traditionally inducts grown children into rites of passage, Lagos’ Èyò celebration took the concept further—both in scale and in the inclusivity of younger participants. Videos and images captured children reciting the Orò incantations and offering prayers with remarkable passion and reverence. Far from merely performing ritualistic acts, these young participants demonstrated the essence of a community deeply connected to its heritage, proudly asserting what is theirs.

Humour and creativity were evident in playful chants like “Eyo Jele o sinmi,” “Eyo Cocomelon,” “Eyo Oni Pampers,” and “Eyo Mummy come and see,” blending modern references with traditional calls, showing that culture evolves yet remains rooted.

 

The festival also highlighted the delicate skill required to perform the rites. For instance, it is taboo for an Opambata staff to fall from an Èyò, yet children were seen making minor errors during their performance of the Orò. What stood out, however, was the public demonstration of correction: mistakes were acknowledged and immediately addressed, reinforcing both discipline and the value of learning through participation.

 

While Lagos is not the first city to celebrate Èyò, its execution this year has been widely praised for its energy, precision, and ability to engage multiple generations. The festival did more than entertain; it reinforced identity, pride, and the continuity of culture among the youth.

 

As the chants echoed across Lagos streets—“Moyo fun e. Moyo fun ra mi”—it was clear that Èyò remains not just a festival, but a living testament to the resilience and adaptability of Yoruba traditions.

 

📸: Sodiq Adelakun / Reuters