There was a mild drama on Thursday at the Federal High Court in Abuja during the ongoing trial of former Kogi State Governor Yahaya Bello, as counsel to the Economic and Financial Crimes Commission (EFCC), Kemi Pinheiro, SAN, described the proceedings as “a political case.” Pinheiro made the comment during a disagreement over whether defence counsel, Joseph Daudu, SAN, could cross-examine the fourth prosecution witness (PW-4) immediately after the conclusion of the evidence-in-chief or defer the session to the next hearing. Emphasizing the significance of the matter, Pinheiro said, “This is the trial of a former governor, hence, political.” He further stressed that he was not prosecuting a regular individual but a political figure “who had even aspired to contest for presidency.” Responding, Daudu disagreed, stating that the matter strictly involves allegations of money laundering, not politics. The exchange prompted a light-hearted remark from Justice Emeka Nwite, who said, “Political? If that is the case, then those handling political cases should prepare to take over the matter.” Earlier, Justice Nwite rejected an EFCC application to “cross-examine” its own witness, ruling that such a move is only permissible if the prosecution first declares the witness hostile. The issue arose during the previous hearing when EFCC counsel Olukayode Enitan, SAN, sought to cross-examine the third prosecution witness (PW-3), Mr. Nicholas Ojehomon, an internal auditor with the American International School, Abuja (AISA), over a court judgment admitted as Exhibit 19. The judge ruled that the EFCC could not cross-examine its own witness without proper legal basis, stating, “The argument of the learned counsel to the prosecution is misconceived.” He, however, allowed limited re-examination strictly based on pages 1, 14, and 15 of the document. Following the ruling, the fourth prosecution witness, Mshelia Arhyel Bata, a compliance officer with Zenith Bank, testified. He confirmed the authenticity of seven sets of bank statements provided by the bank, which were subsequently admitted into evidence. During his testimony, Bata detailed various transactions, including a ₦10 million cash withdrawal made under the name Abdulsalami Hudu on May 23, 2016 — the maximum amount allowed per cheque transaction at the time. He also confirmed multiple cash transactions on the same date and identified credit inflows totaling ₦1.092 billion on January 30, 2018. The defence counsel interjected, asserting that some of the withdrawals being referenced were related to security votes, a claim not immediately addressed by the court. The witness reported a total of ₦1.968 billion in withdrawals over different dates, as well as several inflows and outflows between May 2 and May 19, 2018. Following the conclusion of the prosecution’s examination-in-chief, Justice Nwite adjourned the matter to June 27, 2025, for cross-examination.

Nigerians earning less than ₦250,000 per month will be exempt from paying income tax beginning January 2026, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Speaking on Channels Television’s Politics Today shortly after President Bola Tinubu signed four new tax bills into law on Thursday, Oyedele explained that the reforms are designed to stimulate economic growth and ensure equity in the tax system, rather than increase tax burdens. He stated that under the new laws, individuals or households earning ₦250,000 or less per month are now classified as poor and, therefore, exempt from income tax obligations. “This tax law will not give you cash in your pocket, but at least it won’t take your cash away if you are poor,” Oyedele said. He clarified that the reforms are structured to eliminate tax obligations for low-income earners, reduce the tax burden for the middle class, and slightly increase taxes for high-income earners. Those earning between ₦1.8 million and ₦2 million monthly — estimated at about 5% of the population — will see their tax rates reduced under the new framework. To determine the exemption threshold, Oyedele explained that the committee evaluated poverty standards beyond global benchmarks, using a Nigerian context that accounts for rural lifestyles and subsistence living. “We drew our own poverty line based on an average Nigerian household of five, with two people working. We estimated that if such a household earns around ₦250,000 monthly, they can meet basic needs, though without luxury. These people should not be taxed,” he said. Oyedele also emphasized the broader goal of the reforms: improving tax efficiency and compliance. He noted that Nigeria currently collects only 30% of its potential tax revenue and that the new laws are aimed at closing the 70% gap without placing undue burden on the poor. He described the reforms as “efficiency-driven, growth-focused, and people-centric,” with the overarching objective of fostering inclusive economic development.