TUESDAY 24TH JANUARY 2023

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History as Buhari Inaugurates $1.5bn Lekki Deep Sea Port, Witnesses First Cargo Ship Offloading Inaugurates rice mill, bestaf lubricant plant Chinese envoy says it's sign Nigeria's investment climate can be trusted Deji Elumoye in Abuja, Eromosele Abiodun, Segun James, Peter Uzoho, Gilbert Ekugbe and Oluchi Chibuzor in Lagos

President Muhammadu Buhari, yesterday, performed the historic inauguration of the Lekki Deep Sea Port located at Itoke village,

Ibeju-Lekki, in Lagos State, and observed the first offloading from CMA CGM Mozart at the quay. The project, an investment in

excess of $1.5 billion, is a joint venture between the federal government, through the Nigerian Ports Authority (NPA), Lagos State

Government, Tolarams Group (owners of the Lagos Free Zone), and China Harbour Engineering Company.

At the ceremony, Buhari led Governor Babajide Sanwo-Olu Continued on page 32

Nigeria Tells London Court to Overturn $11bn Damages Bill to P&ID... Page 32 Tuesday 24 January, 2023 Vol 28. No 10149. Price: N250

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NAFDAC Destroys N95bn Worth of Banned Tramadol in Cotonou... Page 6

Najaatu Mohammed: Tinubu Induced Govs to Emerge APC Presidential Candidate Says ex-Lagos gov incapable of leading Nigeria You were sacked for incompetence, campaign fires back Kingsley Nwezeh and Adedayo Akinwale in Abuja A former member of the All Progressives Congress (APC) Presidential

Campaign Council, Hajia Najaatu Mohammed, yesterday, alleged that the candidate of the party, Bola Tinubu, shared money to the party’s governors to influence his emergence

as the presidential standard bearer of the party, a situation she described as "shameful". Mohammed said the gaffes and blunders trailing Tinubu’s campaign

appearances were an indication of ill health, and the fact that he was incapable of presiding over the affairs of the nation. The former APC member, who

said Vice President Yemi Osinbajo would have been a better choice given Tinubu’s poor health, however, dismissed supporters of the presidential hopeful as greedy

and interested only in his money. But the Presidential Campaign Council (PCC) of the APC, has said, Continued on page 32

Nami: FIRS Raked in Unprecedented N10.1tn Tax Revenues in 2022

Oil, non-oil taxes contributed 41%, 59%, respectively N1.81 trillion in tax waivers impinged on collections Laments political interests, multiple tax authorities hampering revenue drive Buhari hails achievement

James Emejo in Abuja Executive Chairman of Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, yesterday, disclosed that N10.1 trillion was generated as tax revenues by the service in 2022. The figure represents the highest tax collection ever recorded in the history of the service and any other revenue agency in the country. But it falls short of the N10.44 trillion target for the year under review. Speaking to journalists after presenting the FIRS 2022 Performance Update to President Muhammadu Buhari in Abuja, Nami emphasised that it was the first time the service would cross the N10 trillion mark in tax revenue collection. He said the service would have surpassed its projection for 2022, but for the various tax incentives granted under the respective laws, which amounted to N1.81 trillion. He added that this was not part of the total tax receipt for the year under review. Continued on page 32

INAUGURATION OF BESTAF LUBRICANT PLANT IN APAPA... L-R: Governor of Lagos State, Mr. Babajide Sanwo-Olu; President Muhammadu Buhari, and Chairman, MRS and Bestaf Lubricant Group of Companies, Sayyu Dantata, at the inauguration of Bestaf Lubricant Plant in Apapa, Lagos… yesterday


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TUESDAY 24TH JANUARY 2023 by THISDAY Newspapers Ltd - Issuu