Author: Nigeriabrief

Nigeria Revises Tax Regulations for Retained Corporate Profits Nigeria is enacting significant changes to its tax code that will now impose taxes on corporate profits retained within businesses, rather than solely on those distributed to shareholders. This shift marks the end of a long-standing practice that allowed companies to defer taxes by holding onto their profits. Tax Implications for Undistributed Profits The new regulations authorize tax authorities to tax retained profits, even if no dividends are declared. Specifically, certain undistributed profits can be treated as if they have already been disbursed to shareholders. According to Article 10 of the Nigerian…

Calls for Budget Reform in Nigeria’s Economic Framework Vice President Kassim Shettima and former budget director Ben Akabueze have emphasized the urgent need for significant reforms within Nigeria’s budgeting framework. During a National Policy Dialogue in Abuja, they warned that the current budgetary system requires a more pragmatic, disciplined, and development-oriented approach. The dialogue, organized by the Parliamentary Joint Committee on National Planning and Economic Affairs, focused on the theme of establishing a national development plan to enhance budgeting effectiveness and ensure sustainable economic growth in Nigeria. Shettima, represented by his Special Assistant for Economic Affairs, Tope Fasua, noted the…

Portland Resident Files Lawsuit Against Federal Immigration Officials A resident of Portland, Maine, has initiated legal proceedings against federal immigration authorities following his arrest in January, claiming he endured racially discriminatory treatment and unlawful detention amid a wave of deportations. ACLU Takes Action on Behalf of Juan Sebastian Carbajal Muñoz The American Civil Liberties Union (ACLU) filed the lawsuit on Tuesday for Juan Sebastian Carbajal Muñoz, alleging violations of civil rights during “Operation Catch of the Day,” a targeted Immigration and Customs Enforcement (ICE) operation in the region. Details of the Arrest While driving to work, Carbajal Muñoz was stopped…

The Impact of Unelected Leaders on Nigeria’s Development The influence of unelected individuals on Nigeria’s trajectory has often overshadowed that of elected politicians. Their contributions are evident in the infrastructure and policy direction that have shaped the nation over the decades. The Legacy of JTU Aguiyi Ironsi One pivotal figure in Nigeria’s history is JTU Aguiyi Ironsi, who, since 1966, introduced the Unification Decree, also known as Decree No. 34. This landmark decision aimed to foster unity within the country, though it ultimately cost Ironsi his life at the hands of the northern establishment. Expansion of Nigeria’s Structural Framework The…

Islamic Scholar Enters Zamfara Gubernatorial Race Dr. Abdulmudalib Muhammad Awwal, a prominent Islamic scholar, has announced his candidacy for the 2027 Zamfara governorship election, framing his bid as a divine mandate aimed at rescuing the state from the grips of insecurity and poverty. Joining African Democratic Congress In a recent ceremony outlining his political ambitions, Auwal formally registered with the African Democratic Congress (ADC). He articulated his commitment to enhancing governance in Zamfara State, emphasizing his intention to confront pressing security issues and alleviate poverty, driven by the party’s robust ideology and manifesto that align with his vision for the…

(Co-author: Leah Shepherd) On April 6, 2026, the U.S. Department of Justice’s Immigration and Employee Rights Division announced a settlement with a New Jersey-based IT staffing company over claims that the language used in its job advertisements favored H-1B visa holders, thereby discriminating against American citizens. Quick Hit The Department of Justice has reached a settlement of $313,420 with an IT staffing company following allegations of discrimination against U.S. citizens in its job postings. This case underscores the federal commitment to preventing discrimination based on race, ethnicity, citizenship status, and national origin, including U.S. citizenship. The settlement reflects the Trump…

Todd Blanche Affirms Trump’s Involvement with Justice Department Acting Attorney General Todd Blanche stated on Tuesday that President Donald Trump plays a significant role in the Justice Department, suggesting this should reassure Americans about governmental oversight. Blanche emphasized the importance of having a proactive executive leading the department. Trump’s Candid Communication During an interview with NBC News, Blanche addressed Trump’s recent public request for former Attorney General Pam Bondi to initiate indictments against several political rivals. He portrayed this as an instance of Trump being transparent with the public about his “high expectations.” Leadership Changes at the Justice Department Blanche…

Diezani Alison Madueke Denies Bribery Allegations in Southwark Court Diezani Alison Madueke, Nigeria’s former Minister of Petroleum, appeared in a Southwark court on Monday, steadfastly denying any involvement in soliciting or accepting bribes during her tenure in office. The 65-year-old presented her case, asserting that her efforts were aimed at combating corruption, a pervasive issue in Nigeria that she claims has persisted since colonial times. Current Trial and Background of Charges In 2023, Alison Madueke was indicted on five counts of bribery and one count of conspiracy related to bribery. As her trial unfolds, the charges are linked to oil…

Bournemouth’s Manager Andoni Iraola to Step Down at Season’s End Andoni Iraola, manager of Bournemouth, will conclude his tenure at the club following the current season. Sources indicate that Marco Rose, previously in charge at RB Salzburg and Borussia Dortmund, is among the top three candidates to succeed him. With Iraola’s contract set to expire in three months, his decision to decline multiple extension offers stems from interest from his former club, Athletic Club, as well as connections to other Premier League teams. Despite his impending departure, he will finish the season with six remaining matches for Bournemouth. Having spent…

Editor’s note: This interview with Senator Ruben Gallego took place on April 6, just days before sexual assault allegations against former California gubernatorial candidate Eric Swalwell surfaced. Senator Ruben Gallego, the first Latino elected to represent Arizona in the U.S. Senate, recently engaged with CALÓ News in Los Angeles, discussing crucial topics such as immigration, voter suppression, the situation in Iran, and the upcoming 2026 California gubernatorial election. As Arizona’s senator, he represents a diverse population exceeding 7.4 million people, with Latinos being the state’s largest minority group. In contrast to California, Arizona has become a battleground state, shifting between…