• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Sunday, August 10, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Nigeria championing global tax reform – Tuggar

Nathaniel Irobi by Nathaniel Irobi
November 21, 2024
in News
0
Nigeria championing global tax reform – Tuggar
0
SHARES
3
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

Marwa Advocates Collective Action Against Drug Dealers, Cultists, Bandits

Transcorp Hilton Abuja Appoints New General Manager

Police Arrest 6 Suspects in FCT ‘One Chance’ Operation

Minister of Foreign Affairs, Amb. Yusuf Tuggar,  has said that one of the highlights of the 19th G20 Leaders Summit in Rio de Janeiro, Brazil, was the UN tax resolution championed by Nigeria.

He said Nigeria put forward the tax reform on behalf of the other African countries, and that reform became institutionalised at the UN level.

“So, this is something that Nigeria championed, and others have been echoing it, saying, look, we need to look at the global system of taxation.

“It’s favouring developed countries and hurting developing countries. You’ve got these corporate giants that are from the developed Global North that are participating or making gains in the developing Global South. And they’re not paying taxes,” said Tuggar.

He said he considered it an honour that everybody was echoing the UN global tax reform championed by Nigeria.

The Minister said Nigeria also committed to the Global Alliance Against Hunger and Poverty.

“We are becoming more and more involved in the G20 and the summits in particular. We were invited to India, we’ve been invited to Brazil, and the next country to chair the G20 is South Africa.

“So, rest assured, Nigeria is going to be invited, and as I’m sure you’re aware, President Tinubu is embarking on a visit to South Africa where we’ll be having a binational commission very soon.

“And it was instructive that President Tinubu’s contributions resonated at the summit with all those in attendance, including the Managing Director of the International Monetary Fund,” said Tuggar.

ALSO READ:  Kamrum Integrated Farms Hosts Football Tournament To Discover Young Talents

He stated that the IMF boss commended the reforms of the Tinubu administration, its gains, and also pledged technical support, to help carrying out studies.

“They see what we’re doing, and they are very appreciative of that,” he said.

He said President Tinubu was also pushing for Nigeria to become a member of this “very powerful group in the world.

“You know, membership of the G20 takes time. It comes often by way of consensus and by being invited to participate, and then gradually you become formalised as a member.

“That’s exactly what is happening. And they can see the quality of the representation that Nigeria is giving with regards to Global South, because there’s a lot of attention now focusing on developing countries, on the Global South.

“The G20 can see clearly that there’s a need to tackle poverty, there’s a need to tackle hunger, which was the theme of the Brazilian leadership of the G20.”

Tuggar said these were the things that affected Africa, particularly sub-Saharan Africa, more than any other region, which was why they also wanted to hear more from African countries.

He said the country with the biggest voice in Africa was Nigeria, because of its credentials, fight against racist regimes in the past and the support it had offered other Global South countries in the past.

“We’ve got the technical aid corps where we’ve been sending professionals since 1987 to African, Caribbean, and Pacific countries, and all of that.

“So, we have the credentials. And we’re non-threatening to our neighbours,” he said.

ALSO READ:  Sultan, Abubakar Inaugurates UniAbuja Islamic Studies Complex ,Mosque

He stated that the Tinubu government would continue to do more of what it was already doing in terms of social programmes, social investment, cash transfers, education, health, and food production.

“In fact, one of the things that we were engaged in while we were here was the agreement being signed between Nigeria and Brazil on agriculture, on improved seeds, on seeds technology, so that we improve the yield.

“Brazil did here. They had a savanna that was more or less barren because the yield from it was very low in terms of agricultural output.

“But because of the research that they’d been doing for so many years, they were able to come up with a solution,” he said.

He said Nigeria would partner Brazil on research to improve agricultural yield.

He said during the summit, there were government-to-business meetings, as well as business-to-business meetings.

“We’re now looking at a bilateral air service agreement. I think about two companies are being put on the fast track to be flying because it’s eight hours.

“It’s not right that we have to fly all the way to Europe to get to this place when it’s only an eight-hour flight.

“First you fly from Nigeria to Europe, six hours, then you fly from Europe to Brazil another 10 or 11 hours. Something is not right,” said Tuggar.

He added that there was an MOU also signed, a 5 billion dollars off-take agreement for ethanol by Niger government and a Brazilian company.

He said the Niger government was partnering Indians and Brazilians to grow sugarcane the same way that the Brazilians were doing it, instead of importing from them.

ALSO READ:  Report: AI Could Boost Nigeria’s Economy by $15bn in Six Years

“They’re going to partner with us to grow sugarcane in Niger; that would be utilised for ethanol.

“That would also give us the opportunity to earn carbon credits through it. So, it’s an entire value chain,” said the Tuggar. (NAN)

Nathaniel Irobi

Nathaniel Irobi

Related Posts

How NDLEA arrested wanted drug baron 17 years after – Marwa

Marwa Advocates Collective Action Against Drug Dealers, Cultists, Bandits

by Nathaniel Irobi
August 9, 2025
0

The chairman, National Drug Law Enforcement Agency, retired, Buba Marwa has called for collective action involving families, religious and community...

Transcorp Hilton Abuja Appoints New General Manager

Transcorp Hilton Abuja Appoints New General Manager

by Nathaniel Irobi
August 9, 2025
0

The Management of Transcorp Hilton Abuja has appointed Mr. Martin Zarybnicky, as the new General Manager. His appointment took effect...

Ondo Police Rescue 40 Ghanaians Trafficked into Nigeria, Arrest 3 suspects

Police Arrest 6 Suspects in FCT ‘One Chance’ Operation

by Nathaniel Irobi
August 9, 2025
0

The Federal Capital Territory Police Command has apprehended six individuals believed to be part of a "one chance" robbery syndicate....

Recommended

Kano: APC Leaders Back Tinubu, Ganduje, Pledge Support for 2027 Elections

Kano: APC Leaders Back Tinubu, Ganduje, Pledge Support for 2027 Elections

3 days ago
JUST-IN: Late MKO Abiola’s Wife Doyin Dies at 82

JUST-IN: Late MKO Abiola’s Wife Doyin Dies at 82

4 days ago

Popular News

  • Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    Kaduna Baptist Church Donates N50,000 Each To 12 Muslims, 4 Retired Pastors

    0 shares
    Share 0 Tweet 0
  • Cross River State Triumphs at Prestigious All-women Interstate Debate

    0 shares
    Share 0 Tweet 0
  • BRGIE Acting Prime Minister Provides Explosive Testimony to U.S. Congress Calling For Release of Mazi Nnamdi Kanu & Simon Ekpa

    0 shares
    Share 0 Tweet 0
  • Haske: The Rise Of A New Movement

    0 shares
    Share 0 Tweet 0
  • Rahila Bags Presidential’s NYSC Honours Award For Community Service

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (756)
  • Education (221)
  • Entertainment (312)
  • Health (199)
  • National (2,283)
  • News (8,464)
  • Opinion (312)
  • Politics (1,671)
  • Science (15)
  • Security (406)
  • Sports (459)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform