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TEXEM UK congratulates Zacch Adedeji on his appointment as Special Adviser to Tinubu on Revenue

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TEXEM UK, a renowned UK leadership development organisation, has congratulated Zacch Adedeji on his appointment as Special Adviser to President Bola Ahmed Tinubu on Revenue Matters.

TEXEM’s Director of Special Projects, Caroline Lucas who spoke on behalf of the company, said Adedeji’s exceptional achievements and unwavering dedication to driving revenue growth have made him an outstanding choice for the crucial role.

In a statement on TEXEM’s website, it was recalled that in 2011, Adedeji made history by becoming the youngest person ever appointed Commissioner for Finance in Oyo State.

“During his tenure, his visionary leadership inspired and led to the introduction of a series of brilliant, forward-thinking reforms that elevated the state’s Internally Generated Revenue (IGR) to unprecedented heights.

“By plugging financial leakages, implementing best financial practices, and spearheading a remarkable financial turnaround, Adedeji showcased his unparalleled ability to innovate and generate revenue.

“TEXEM UK is proud to have played a small part in Adedeji’s journey of excellence,” the statement announced.

It further recalled that in October 2015, Adedeji attended the prestigious programme, Leaders in Oil and Gas programme, which TEXEM organised in partnership with the University of Oxford’s Smith School of Enterprise and the Environment, held in London.

“This programme allowed Adedeji to expand his strategic outlook and acquire valuable insights into leadership and how to do more with fewer resources.

“His attendance demonstrates his commitment to personal growth and professional development, which undoubtedly contributed to his outstanding achievements.

“Following his remarkable success in Oyo State, Adedeji was appointed Executive Secretary of the National Sugar Development Council in March 2021 by former President Muhammadu Buhari,” the statement explained.

It recalled that for over two years, he has worked diligently towards Nigeria’s ambitious goal of achieving self-sufficiency in sugar production through faithfully implementing the Nigeria Sugar Master Plan.

The statement added that Adedeji’s unwavering dedication and strategic acumen have propelled Nigeria closer to this vital objective.

“As a Fellow of Chartered Accountants (FCA) and a member of the Chartered Institute of Taxation of Nigeria (CITN), Adedeji possesses a formidable wealth of knowledge and expertise in the financial sector.

“His deep understanding of finance and taxation is an invaluable asset that will drive revenue growth and economic stability under his guidance.

“One of the most striking aspects of Adedeji’s leadership is his versatility and ability to reinvent himself in the face of challenges,” it disclosed.

The statement asserts that the new presidential adviser has a unique talent for transforming revenue challenges into impactful growth and innovation opportunities.

It affirms that Adedeji’s strategic outlook and his unwavering commitment to excellence distinguish him as a transformative leader capable of driving financial change and shaping Nigeria’s economic landscape.

TEXEM, UK’s founder, Dr Alim Abubakre, says that “Mr Zacch Adedeji’s life and ethos reflect the words of Gen. Douglas MacArthur, who said that a ‘true leader has the confidence to stand alone”.

Abubakre said such a leader has the courage to make tough decisions, and the compassion to listen to the needs of others.

“Such a leader does not set out to be a leader but becomes one by the equality of his actions and the integrity of his intent.

“TEXEM implores Adedeji to take this well-deserved appointment to consolidate his impact and secure his legacy as the technocrat who developed actionable policies on the nation’s quest to achieve inclusive and sustainable prosperity,” he said.

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China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

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China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).

The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.

Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.

The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.

Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.

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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

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Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan's Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.

Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.

“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”

He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.

Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.

In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”

He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.

Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.

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Shettima Warns Media Against Romanticising National Challenges

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Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.

Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.

“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”

The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.

Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.

“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.

The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.

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