Nigerian Daily Trust Newspaper

Daily Trust Newspaper Headlines (Tuesday, 12 January, 2021 Edition)

Ex-Governor Rochas Okorocha of Imo State

Good Morning Nigeria! Hope you all are doing your part to help stop the spread of COVID-19!

Here’s our picks on today’s top buzzy stories on Daily Trust Newspaper. We prepare it as a quick-read for our visitors who also enjoys Daily Trust News.

2023: Okorocha Mulls New Political Alliance

Ahead of the 2023 general elections, a former governor of Imo State, Senator Rochas Okorocha, yesterday called for a new political alliance to address the challenges facing the country.

Okorocha, who spoke at the inauguration of a road project constructed by the Rivers State government in Emouha LGA of the state, said the good people in both the ruling APC and opposition PDP should come together to make Nigeria great.

He said it is time for people of like-minds who desire the best for Nigeria to join forces to make the country great.

FG Loses N5.4tr To Tax Evasion By Multinationals In 10yrs

The Federal Inland Revenue Service (FIRS) has said Nigeria lost over $178 billion (about N5.4 trillion) through tax evasion by multinational firms between 2007 and 2017.

Executive Chairman, FIRS, Mr. Muhammad Nami, disclosed this in Abuja on Monday at a ‘Workshop on Effective Audit of Multinational Corporations for Domestic Revenue Mobilisation in Nigeria,” organized by FIRS and the Tax Justice Network.

He also said in a bid to stem illicit financial flow out of Nigeria and improve tax compliance rate in the country, the Federal Inland Revenue Service (FIRS) created 35 additional Tax Audit Units in the country last year. Although the FIRS head said some multinational corporations were “leading in tax compliance in various sectors” he, however, expressed worries that “many rich Multinational Corporations do not pay the right taxes due from them, let alone pay their taxes voluntarily.”

Hunt For COVID-19 Origins: WHO Team Expected In China Thursday

A team of experts commissioned by the World Health Organisation (WHO) to search for the origins of the COVID-19 is scheduled to arrive in China on Thursday, after a long, strained application process.

China’s health commission in Beijing on Monday initially issued a one-sentence statement saying the experts will work with Chinese scientists to investigate whether the virus can be traced back to its origins.

Later the Foreign Ministry issued a lengthier statement. “China supports scientists around the world to conduct global scientific study on the origin and transmission roots of the virus,’’ ministry spokesperson Zhao Lijian said. There had been wrangling about the experts’ trip and a week ago, the WHO announced that China had blocked them entry.

Unemployment: Buhari Begs Private Sector To Employ Nigerian Youths

President Muhammadu Buhari has urged private sectors across the 36 States of the federation including the federal capital, Abuja to show interest in employing Nigerians youths in their institutions. The President made this call in Abakiliki on Monday during the official flag off of the Extended Special Public Works Programme (ESPWP) held in Abakiliki.

He explained that the initiation of the programme nationwide, was his administration’s goals towards addressing the aftermath of COVID-19 pandemic and the #EndSARS mayhem.

He added that COVID-19 pandemic which gripped the whole world early last year, caused an enormous economic dislocation in the country, stressing that it further aggravated the rate of unemployment in the nation.

My Life In Danger Over Atiku’s Campaign Debt – NCP Boss

The chairman of a socio-political organisation, Nigeria Continuity and Progressive (NCP), Dr. Lawal Sambo Ismaila, has said his life is in danger over a N500 million campaign debt incurred while working for the PDP candidate, Alhaji Atiku Abubakar, for the 2019 general elections.

Ismaila said the pressure became more intense after the over 200 groups that worked with him to execute the campaign contract got a hint that Atiku had promised to make an out-of-court settlement and pay the debt in full.

The money is, however, yet to be paid into their bank account as promised. According to him: “Over 200 groups spread across the 36 states and the Federal Capital Territory were contracted by our organisation, NCP, thinking that the money in question would be paid immediately, but to no avail. We went to an Abuja High Court to help us recover the money, and they promised to pay us the debt without further delay, even though we are still in court. We gave them our UBA account details but till today, the money has not been paid.

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