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President Bola Tinubu has announced the appointment of Barrister Ismael Ahmed as the Executive Chairman of the Presidential Compressed Natural Gas Initiative (PCNGi).
A statement by Bayo Onanuga, presidential media aide, on Friday noted that Ahmed will coordinate the operations of the presidential initiative, which is designed to alleviate the effects of removing fuel subsidies by offering cheaper, more affordable and cleaner energy options.
The Presidency maintained that the PCNGi is a component of the Tinubu administration’s palliative intervention programme.
Ahmed, 45, is an alumnus of the University of Abuja, where he graduated with a Bachelor of Laws degree in 2005. He was called to the bar in 2006 after attending the Nigerian Law School, Abuja.
Thereafter, he went to Webster University in St. Louis, Missouri, United States, receiving a master’s degree in international relations, communications, and diplomacy in 2008.
Ahmed served as former President Muhammadu Buhari’s senior special assistant on the National Social Investment Programme between 2018 and 2022.
President Bola Tinubu has signed four tax reform bills into law, signalling what he described as a bold new era of economic governance in the country.
The President signed the bills in the presence of principal officers of the National Assembly, including Senate President, Godswill Akpabio, Speaker of the House of Representatives, Tajudeen Abbas, among others.
Tinubu explained that the reforms will go beyond streamlining tax codes.
According to him, the reforms are meant to deliver the first major, pro-people tax cuts in a generation.
Specifically, he said they will provide targeted relief for low-income earners, small businesses and families working hard to make ends meet.
The four bills, which are now Acts, are the Nigeria Tax Bill (Fair Taxation), Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.
