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Soneye urges FG to support media industry with tax incentives, duty waivers

Henry Omunu by Henry Omunu
August 24, 2025
in News
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Former Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Femi Soneye, has called on the federal government to support the Nigerian media with targeted incentives, including tax reliefs and import duty waivers on essential media tools.

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

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.

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“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.

The ex-NNPCL image-maker also urged the 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.

Read also:

  • Leave Ojulari’s NNPCL leadership alone, coalition tells traducers
  • NNPC secures Court of Appeal victory, escapes ₦5 Billion damages in Araraume case
  • NNPC targets 3 million barrels per day, 12 Billion standard cubic feet of gas by 2030 — Igandan

The NUJ FCT Council 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.

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