BREAKING: President Tinubu Signs 4 Executive Orders, Full List Emerges
- President Bola Tinubu has signed four executive orders to address concerns from manufacturers and other stakeholders
- The orders bordered on the tax exchange rates to make manufacturing and other businesses easier for stakeholders in the sector
- Dele Alake, the spokesperson to the president, made the disclosure to state house correspondents in Abuja
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Aso Villa, Abuja - President Bola Tinubu has signed four executive bills to address the concerns raised by manufacturers and other stakeholders on the recent tax exchanges on their businesses, Daily Trust reported.
Dele Alake, the special adviser to the president on special duties, communication and strategy, disclosed this on Thursday, July 6, while speaking to State House Correspondence at the Presidential Villa in Abuja.
4 Executive orders by President Bola Tinubu
The orders are listed below:
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- The Finance Act (Effective Date Variation) Order: This order deferred the date of commencement that was contained in the Act from May 23, 2023, to September 1, 2023.
- Customs Excise Tariff Amendment Order, 2023: The President's new executive order, which moved the commencement of the date of tax changes from March 27, 2023, to August 1, 2023.
- 5% Excise Tax on Telecomm. suspended: The president also signed an executive order that stopped the 5% Excise Tax on telecommunication services and the excise duty on locally made products.
- Suspension of Green Tax: The newly introduced Green Tax on single-use plastics and Import Tax Adjusted levy on certain vehicles were suspended by President Tinubu.
Legacies of President Tinubu vs ex-President Muhammadu Buhari
Most executive orders override some of the policies former President Muhammadu Buhari put in place when he was in office.
"My fellow tailors, Idan has landed": President Tinubu joins Twitter's rival app, Threads, makes 1st post
Buhari handed over to Tinubu on May 29, following the end of his tenure after eight years of being at the helm of the country's affairs.
President Tinubu tenders his academic record from Chicago State University
Legit.ng reported that President Bola Tinubu had defended himself against the controversies surrounding his educational background before the presidential election petition court in Abuja.
Through his lawyer, Wole Olanipekun, the president tendered his academic records from the Chicago State University on Tuesday.
This came as the president opened his defence against the petition filed by the PDP and Atiku on the outcome of the 2023 presidential election that produced Tinubu as president.
Source: Legit.ng