FG urged to provide tax incentives for Nigerian media

Former Chief Corporate Communications Officer of Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Femi Soneye on Tuesday called on the Federal Government to support the Nigerian media with targeted incentives, including tax reliefs and import duty waivers on essential media tools.

Mr. Soneye gave the charge in Abuja after receiving the NUJ FCT Excellence in Corporate Communications Award, conferred on him by the Nigerian Union of Journalists (NUJ), FCT Council.

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In his remarks, Mr Soneye noted that while the Nigerian media remains one of the most vibrant in Africa, it continues to grapple with systemic challenges that weaken its effectiveness.

“The Nigerian media remains one of the most vibrant in Africa, but it also faces systemic challenges, financial, political, legal, and technological that weaken its effectiveness.

“The government can play a supportive role by granting tax incentives or relief on import duties for newsprint, broadcast equipment, and digital infrastructure,” he said.

He also urged Federal Government to establish an independent media development fund to support investigative journalism, community radio, and newsroom innovation, drawing parallels with models in South Africa, the United States, and Canada.

The award underscores Soneye’s long-standing contributions to journalism and corporate communications, as well as his advocacy for a stronger, independent, and sustainable Nigerian media.

The NUJ Executive, led by the Chairman, Comrade Grace Ike, described Soneye as a consummate professional who has distinguished himself with tact and excellence in the communications field.

Comrade Ike praised Mr. Sonoye for consistently supporting the union and advancing the interests of journalists both in Abuja and across the country.

“You have always stood with journalists, not only as a media owner but also as a practitioner who understands our struggles. Your advocacy for welfare, training, and ethical reporting has set you apart as an icon in this profession,” Ike said.

She noted that the Council recognized Mr. Sonoye’s role in promoting balanced reporting, welfare packages for members.