Business
Attorneys- General Caution FIRS On Tax Deductions Recovery Threat

In response to a public notice issued by the Federal Inland Revenue Service (FIRS) that it will recover unremitted tax deductions by States and Local Governments, the Body of Attorneys-General of the 36 States of the Federation (BOAG), has warned the Federal Government agency to stop issuing threats to State Governments.
The group, which gave the warning in a communiqué issued at the end of its meeting in Lagos, condemned the public notice, asserting that they (States) are equal and not subservient to the Federal Government.
BOAG said it will send a written response to the FIRS, highlighting the agency’s erroneous position, saying that it lacks the power to impose any penalty on the states.
The communique was jointly signed by BOAG’s Chairman and Secretary, the Attorneys-General and Commissioner for Justice, Lagos State, Moyosore Onigbanjo, and his Nasarawa State counterpart, Dr Abdulkarim Kana.
On the Federal Government’s attempt to deduct states’ funds to offset a purported consultancy fee of N418 billion arising from the London/Paris Club Loan refunds, the conference resolved to continue to resist, through all legal means, the wrongful deductions of their funds under any guise.
The body advised the Federal Ministry of Justice, the Central Bank of Nigeria (CBN), and other relevant agencies to cease all further action on the matter pending the final resolution of an appeal filed on behalf of the States.
Regarding the court action over the right of states to collect Value Added Tax (VAT) and the subsisting judgment to that effect, the conference resolved that given its absence from the 1999 Constitution, VAT is a residual matter that falls within the exclusive legislative competence of each federating state.
Meanwhile, though the conference affirmed that the judgment of the Rivers Division of the Federal High Court supported the constitutional position that VAT is a residual matter, it added that it was not opposed to a political resolution of the dispute to balance fiscal federalism with equity.
According to the communique, “Regarding the FIRS’ threat to recovering unremitted Tax Deductions by States and Local Governments, the Conference stresses that State Governments are equal and not subservient to the Federal Government.
“BOAG condemns the constant and destabilising threats by Federal Government agencies to the Federating States.
“To that end, BOAG will send a written response to the FIRS, highlighting the agency’s erroneous position and that it lacks the power to impose any penalty on the states.
“Regarding current developments in the Administration of Justice across the 36 States/Inter-State Collaboration and the activities of the Lagos State Domestic and Sexual Violence Agency, BOAG encouraged the States to continue to share experiences on critical matters and areas of commonality in the administration of justice.’’
“BOAG encouraged all states on the use of technology in Court proceedings. It also commended inter-state collaboration in facilitating virtual hearings for police officers and witnesses outside the jurisdiction of the adjudicating court.
“On the issue of stamp duties, BOAG resolved to send its position paper opposing the proposed amendments to the Chairmen of the appropriate Senate and House of Representatives committees in the National Assembly.
“BOAG will write to the Senate president and speaker of the House stating its opposition to proposed amendments to the Stamp Duties Act. BOAG will publicly announce its opposition to the federal government’s proposed amendments to the Stamp Duties Act.
“BOAG will sensitize the governors of the various states concerning the detrimental effects of the Federal Government’s proposed amendments to the Stamp Duties Act. The consultant should present a position paper to BOAG outlining the appropriate steps to take on the matter”.
The conference also resolved to send a delegation to the National Assembly to make representations on the proposed amendment at the public hearing of the Amendment Bill adding that if the Bill crystallised into an Act, all 36 State Attorneys-General will file an action to declare the enactment null and void.
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
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