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State Govs Oppose End to Multiple Taxes

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State governments in Nigeria are averse to ending the scourge of multiple taxes which form substantial sources of their internally generated revenues (IGR) despite the damages the taxes are doing to the overall economy, Nigeria CommunicationsWeek has learnt.

Omobola Johnson, minister of Communications Technology said that state governors are reluctant to stop taxes which they see honey pot.

Johnson who was represented by John Ayodele, permanent secretary, Ministry of Communication Technology, at a one-day ‘Focused Industry Roundtable’ organised by the Universal Service Provision Fund (USPF) in Lagos said “Going by provisions of the Constitution of the Federal Republic of Nigeria, States have a right to legislate on how they generate funds. But we’re looking at what is best for the overall good of the country”.

The minister added however that the National Executive Council (NEC), which comprises the President and his entire cabinet and state governors, has set up a five-man Committee headed by Ibrahim Hassan Dankwambo, Gombe State governor to review Nigeria’s tax regime with a view to ending the multiple tax regime.

The Dankwmbo Committee was set up following an earlier report on the vexed issued submitted to NEC last April.

The Committee’s terms of reference includes seeking solutions and ways of sharing taxable funds across the three tiers of governments as an appeasement to the governors. He is expected to turn in his Committee report before December 2013.

Both local and foreign investors see multiple tax regimes as much vexing as poor power supply.

Several industry groups have previously called on the government to bring the unwholesome practice to a stop.

 Jackson Iniobong, chairman of Cross River and Akwa Ibom states Manufacturers Association (MAN), said it inhibits competiveness.

Meanwhile, the USPF said it is set to build 1000 telecom base stations (BTS) and lay 3000 kilometres of fibre networks annually across the country with a view to increasing infrastructure capacity.

Maikano Abdullahi, secretary of the Fund said the project would be private sector driven and implemented with the USPF providing financial assistance to will investors.

He noted that previous efforts at increasing infrastructure capacity failed due to adoption of poor implementation strategy. “The big operators were not attracted to the scheme because it was not financially viable for them to participate. Every investor wants to put his money in a project that would give reasonable returns on investment. But what we are proposing is open to every operator and would be enticing enough for all to participate,” said Abdullahi.

The USPF project also includes funding broadband connectivity to all universities and teaching hospitals in a bid to lift their profile. “We aim to connect all federal and state universities with dedicated fibre; this also includes teaching hospitals and their medical colleges. We also believe that universities would be able to share bandwidth infrastructure. We already are in the process of connecting 17 universities. Again, the USPF does not handle projects, but we are partnering with private investors while facilitating access to funding,” said Abdullahi.


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UK Appoints Peter Vowles as British High Commissioner to Nigeria

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The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.

Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.

He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.

Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.

Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”


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Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

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World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.

The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.

According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.

The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.

He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.

“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.

The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.

It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.

The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.

Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.

It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.

The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.


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PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

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As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.

These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”

PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.

Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.

“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”

The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.

For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.


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