Zacch Adedeji, chairman of the Federal Inland Revenue (FIRS), says President Bola Tinubu has given a directive for a single-digit tax system in Nigeria.

Adedeji spoke on Wednesday when Adebayo Alli, chief executive officer (CEO) of Guinness Nigeria, led a management team of the firm on a visit to the revenue house in Abuja.

In a statement, Adedeji described the directive as a strategic plan that is being religiously followed to lead the country out of the current economic challenges.

“The president gave a directive that he wants a single digit tax in the country, meaning that the maximum number of taxes we will have after the work of the presidential committee on fiscal policy and tax reforms will be nine taxes,” the chairman said.

“For us at FIRS, we have responded to that directive. We want to grow the pie such that even if we are taking the same percentage of the bigger pie, the result will be huge.

“By God’s grace, we will not introduce additional taxes nor increase any form of taxes. We are only determined to increase the pie.

“We have restructured our operations at FIRS in such a way that we are now effectively carrying out our duty of assessing, collecting and accounting for taxes.

“We used to have functional types of taxes, but we have identified that the only customers we have are the taxpayers.

“We have improved the way we relate with our customers by rearranging our operations based on our customers, using their turnover as the basis to categorise them into large, medium and small.

“We did this to actually develop expertise in what we do. Secondly, to provide you with a one-stop shop for your activities.

“If you are in a large tax group, you only need to go to one office to pay all forms of taxes, including audit and other activities. You don’t need to move from one office to another again.

“We are here to serve you. You taxpayers are not armed robbers or criminals that we will be chasing about. FIRS is also not a law enforcement organisation. We are partners in progress.

‘FG TO LAUNCH CONSUMER CREDIT SCHEME SOON’

Adedeji said the president, through the consumer credit scheme recently introduced, intends to increase the purchasing power of Nigerians to boost the productive capacity of companies and stimulate growth.

According to the chairman, another bold decision the president has taken is the birth of the renewed hope infrastructure fund.

He said some of the raw materials sourced locally are produced in the Northern part of the country, noting that the lack of sufficient infrastructure raises the expenses associated with transporting these materials between locations.

“In a couple of days, the consumer credit scheme will be launched and what that will do is to really set the right fundamentals most especially for the kind of products you sell,” he said.

“In an economy of our size, it will be extremely difficult if we don’t have a consumer credit scheme. People need to eat before they drink. But when they have credit to buy things, this gives them more money that they can use to come to drink and relax after work.

“More so, the president has also directed the commencement of a single window platform for your logistics at the ports. So, instead of having to pay in many places, you can now do that through the platform, most especially for companies like yours.

“You know your products before they come into the country, so you pay before they arrive as the issue of port congestion that delays the time you get your raw materials has been taken care of now.

“Based on the president’s holistic plan, in the next three years, we will have a very good rail and road transportation network that will make movement of goods and raw materials easy and remove most of the bottlenecks for industries.”

‘WE WILL CONTINUE TO INVEST IN NIGERIA’

On his part, Alli pledged that the company would continue to do business in the country, notwithstanding the current macroeconomic challenges.

“We have come to know FIRS more and also tell you a little bit about who we are as a large taxpayer so you can understand our world, the value we add to Nigeria, despite the macro-economic situation facing us,” he said.

He assured the Adedeji that Guinness would continue to invest in the country, seeking assurances from the tax authority in terms of the role it would play “in getting the economy back on the right path from the recovery point of view.”

The Commercial Bank of Ethiopia, the country’s biggest bank, says it has recovered nearly 80 percent of the cash it lost during a system glitch, from 15,000 customers.

According to AP News, the hitch allowed customers to withdraw more money than they had in their accounts.

Abe Sano, president of the Commercial Bank of Ethiopia, told reporters on Tuesday, that about $14 million was withdrawn or digitally transferred during the error.

He said the value of the transactions ranged from 9 cents to $5,350.

“The total amount remaining is not significant for the bank, but if this money is not fully recouped, it sends the wrong message,” Sano said.

According to the report, the amount lost initially was reported as $40 million, but 567 individuals have not yet returned the money.

“On Tuesday, the bank posted their names and account details online, in an apparent attempt to shame them into giving it back,” the bank’s president said.

“News of the glitch spread on social media on March 16 as much of the money was withdrawn by university students. Several universities have publicly urged their students to return the cash.”

According to Ethiopia’s central bank, the issue was caused by a “routine system update and inspection” rather than a cyberattack.

On March 16, local media reported the hitch, which led to the temporary freeze of digital financial services across the industry.

The burial ceremony for the 17 military personnel killed in Delta State is underway.

On March 14, military personnel comprising four officers, and 13 soldiers were gruesomely murdered by some irate youths in the Okuama community during a peace mission.

Here are their profiles as contained in the programme of events for the slain personnel’s burial.

Late Lieutenant Colonel Abdullahi Hassan Ali (N/12079) was born on 18 May 1975 in Kano and hailed from Fagge Local Government Area of Kano State. He had his primary education at Kuka Special Primary School, Fagge, where he obtained his First School Leaving Certificate. Thereafter, he proceeded to Government Senior Grammar School, Gwarzo, where he obtained his West African Secondary School Certificate. He then attended the College of Arts and Remedial Studies, Kano, before proceeding to Usman Danfodio University, Sokoto, where he graduated with a Bachelor of Science Degree in Political Science. The late senior officer enlisted into the Nigerian Army on 2 October 1996 and was later granted Short Service Combatant Commission on 17 December 2005 as a member of Short Service Course 34 in the rank of second lieutenant. He converted to Regular Combatant Commission effective 24 November 2010. He was of the Infantry Corps and rose to the rank lieutenant colonel on 17 November 2020 before his demise on 14 March 2024.

Late Major Daniel Ekwo Obi (N/14395) was born on 20 December 1985 in Niger State and hailed from Boki Local Government Area of Cross River State. He had his primary and secondary education at Atlas School, Lagos, where he obtained his First School Leaving Certificate as well as his Senior Secondary School Certificate.

He gained admission into the Nigerian Defence Academy on 8 July 2006 as a member of Regular Course 58, and was later granted Regular Combatant Commission on 17 September 2011 in the rank of second lieutenant. He was of the Nigerian Army Engineers before his inter-corps transfer was approved to the Infantry Corps. He rose to the rank of major on 8 July 2020 before his demise on 14 March 2024.

During his Bomb Disposal Course, he was dedicated, hardworking and displayed a good level of innovativeness. He contributed intelligently to discussions and showed good leadership traits on the Course. He also exhibited a commendable level of organization, focus and preparedness during his Young Officers’ Course (Engineers). He displayed a good understanding of military engineering and potential for development. While on Junior Course, he was eager to learn and displayed balanced knowledge of both Service and contemporary issues.

Late Major Salihu Danjuma Shafa (N/13976) was born on 27 March 1985 in Maiduguri and hailed from Hawul Local Government Area of Borno State.

He had his primary education at Shafa Primary School, Hawul, where he obtained his First School Leaving Certificate. Thereafter, he attended Government Senior Science Secondary School, Biu, where he obtained his Senior School Certificate. The late senior officer then proceeded to the University of Maiduguri where he acquired his Bachelor of Science Degree in Zoology. He was granted Short Service Combatant Commission on 6 April 2011 in the rank of second lieutenant and converted to Regular Combatant Commission on 23 August 2018. He was of the Nigerian Army Ordnance Corps and later transferred to the Infantry Corps on 6 April 2020. He rose to the rank of major on 6 November 2022 before his demise on 14 March 2024.

Late Captain Usman Zakari (N/16348) was born on 11 May 1989 at Keffi and hailed from Danko Wasagu Local Government Area of Kebbi State. He had his primary education at Army Children School Karshi, where he obtained his First School Leaving Certificate. Thereafter, he proceeded to Government Secondary School, Keffi, where he obtained his Secondary School Leaving Certificate. After which he attended the Federal Polytechnic Nasarawa where he was awarded a Higher National Diploma in Marketing. He was granted Short Service Combatant Commission on 12 September 2015 as a member of Short Service Course 43 in the rank of second lieutenant. He was of the Nigerian Army Corps of Supply and Transport before his inter-corps transfer was approved to the Infantry Corps. He rose to the rank of captain on 3 January 2023 before his demise on 14 March 2024.

Late Staff Sergeant Yahaya Saidu was born on 14 October 1973 into the family of Alhaji Yahaya of Bebeji Town in Bebeji Local Government Area of Kano State. The late Staff Sergeant enlisted into the Nigerian Army on 19 July 1993 as a member of 36 Regular Intake and was subsequently posted to the Infantry Corps Centre Jaji. Late Staff Sergeant Yahaya served at 81 Bn and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024. The late soldier gallantly fought in Operation ORO III AZARE and DELTA SAFE.

Late Corporal Danbaba Yahaya was born on 12 August 1989 into the family of Alhaji Danbaba of Toro Town in Toro Local Government Area of Bauchi State. The late Corporal enlisted into the Nigerian Army on 2 September 2010 as a member of 65 Regular Intake and was subsequently posted to the Infantry Corps Centre Jaji. Late Corporal Danbaba served at 145 Bn and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024. The late soldier gallantly fought in Operation LAFIYA DOLE and Operation DELTA SAFE.

Late Corporal Kabiru Bashir was born on 14 February 1990 into the family of Alhaji Bashir of Dala in Dala Local Government Area of Kano State.

The late Corporal enlisted into the Nigerian Army on 6 September 2011 as a member of 66 Regular Intake and was subsequently posted to the Infantry Corps Centre Jaji. Late Corporal Danbaba served at 3 Brigade Garrison and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024.

Late Lance Corporal Bulus Haruna was born on 15 July 1994 into the family of Mr Haruna in Kaduna North Local Government Area of Kaduna State. The late Lance Corporal enlisted into the Nigerian Army on 4 July 2016 as a member of 75 Regular Intake and was subsequently posted to the Nigerian Army Armour Corps, Bauchi. Late Lance Corporal Bulus Haruna served at 22 Armour Brigade Garrison and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama community.

Late Lance Corporal Sole Opeyemi was born on 31 December 1993 into the family of Mr Sole in Odogbolu Local Government Area of Ogun State. The late Lance Corporal enlisted into the Nigerian Army on 10 June 2017 as a member of 76 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Lance Corporal Sole Opeyemi served at 195 Battalion and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024. The late soldier participated gallantly in Operation LAFIYA DOLE and Operation DELTA SAFE.

Late Lance Corporal Abdullahi Ibrahim was born on 13 July 1999 into the family of Alhaji Ibrahim in Saki Local Government Area of Oyo State. The late Lance Corporal enlisted into the Nigerian Army on 23 April 2018 as a member of 77 Regular Intake and was subsequently posted to the Nigerian Army Armour Corps, Bauchi. Late Lance Corporal Abdullahi Ibrahim served at 221 Battalion and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama.

Late Lance Corporal Bello Anas was born on 17 April 1999 into the family of Alhaji Bello in Bodinga Local Government Area of Sokoto State. The late Lance Corporal enlisted into the Nigerian Army on 23 April 2019 as a member of 78 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Lance Corporal Bello Anas served at 199 Special Forces Battalion and 181 Amphibious Battalion Bomadi, Delta State before his demise while on a peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024. The late soldier participated gallantly in Operation HADIN KAI and Operation DELTA SAFE.

Late Private Alhaji Isah was born on 7 September 1997 into the family of Alhaji Isah of Gadaka in Fika Local Government Area of Yobe State. The late Private enlisted into the Nigerian Army on 10 June 2017 as a member of 76 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Private Alhaji Isah served at 181 Amphibious Battalion Bomadi, Delta State.

Late Private Hamman Peter was born on 13 September into the family of Mr Hamman in Maiduguri and his f Local Government Area of Taraba State. The late enlisted into the Nigerian Army on 23 April 2019 78 Regular Intake and was subsequently posted to the f Corps Centre, Jaji. Late Private Hamman Peter servod Amphibious Battalion Bomadi, Delta State before he while on peace mission at Okuama Community in Ughell Local Government Area of Delta State on 14 March 200 late soldier participated gallantly in Operation HADIN KM Operation DELTA SAFE.

Late Private Clement Francis was born on 7 September 1998 into the family of Mr Francis in Odeda Local Government Area of Ogun State. The late Private enlisted into the Nigerian Army on 23 April 2019 as a member of 78 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Private Clement Francis served at 181 Amphibious Battalion.

Late Private Abubakar Ali was born on 25 May 1999 into the family of Alhaji Abubakar of Degubi Nagere in Potiskum local Government Area of Yobe State. The late Private enlisted into the Nigerian Army on 23 April 2019 as a member of 78 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Private Abubakar Ali served at 63 Brigade Garrison and 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024. The late soldier participated gallantly in Operation DELTA SAFE.

Late Private Adamu Ibrahim was born on 10 January 1998 into the family of Alhaji Adamu in Maiduguri Metropolitan Council Local Government Area of Borno State. The late Private enlisted into the Nigerian Army on 23 April 2019 as a member of 78 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Private Adamu Ibrahim served at 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama Community in Ughelli South Local Government Area of Delta State on 14 March 2024. The late soldier participated gallantly in Operation HADIN ΚΑΙ and Operation DELTA SAFE.

Late Private Adamu Ibrahim was born on 1 February 1998 into the family of Alhaji Adamu in Albasu Local Government Area of Kano State. The late Private enlisted into the Nigerian Army on 18 January 2021 as a member of 80 Regular Intake and was subsequently posted to the Infantry Corps Centre, Jaji. Late Private Adamu Ibrahim served at 181 Amphibious Battalion Bomadi, Delta State before his demise while on peace mission at Okuama.

Friday, March 29 and Monday, 1st April have been declared as public holidays.

The federal government declared the holiday to mark the celebrations of 2024 Good Friday and Easter Monday respectively.

The minister of interior, Olubunmi Tunji-Ojo, made the declaration on behalf of the federal government.

The minister made the declaration in a statement signed by the Permanent Secretary of the Ministry, Aishetu Ndayako.

He urged Christians and all Nigerians in general to emulate the sacrifice and love displayed by Jesus Christ in dying for the redemption of man.

According to the Minister, Easter, beyond religious significance, promotes values of love, forgiveness and compassion which are essential for social cohesion and harmony.

He called on Christians to imbibe these virtues as they are capable of impacting positively on the socio-economic development in Nigeria by fostering unity, reducing conflicts and encouraging cooperation among Nigerians.

He further urged Nigerians to show acts of charity and generosity to help alleviate the material conditions of the less privileged amongst them.

This, he said, is in tandem with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

While wishing Christians at home and abroad a happy and blissful Easter celebration, the Minister also called on Nigerians to join hands with President Tinubu-led Administration in its determination to bring sustainable development and usher in prosperity for all.

Traditional Religion Worshippers’ Association have appealed to the Federal and State Governments to include traditional religious knowledge (TRK) as one of the subjects to be taught in schools.

The Secretary of the Oyo State branch of the association, Fayemi Fakayode, made this call on Wednesday, March 27, in Ibadan.

He called on the government to include traditional religious knowledge as a subject in the primary and secondary school curricula like Islamic Religious Knowledge and Christian Religious Knowledge. According to him, this is to impart the younger generation with the Yoruba culture and tradition.

Fakayode, in a statement personally signed, stressed the need for proper education to disabuse the minds of the younger generation about Yoruba history and antecedents. He explained that the miseducation of Africans about their origin and culture had led to many wrong perceptions about their traditional religion.

The secretary, who is the Founder of Olodumare’s Temple of Light International, said, “We made this call during the installation of two Brazilians, Awoyomi Fakayode and Iyanifa Ifatayo Obemo as Mayegun and Yeye Mayegun of Ìjọ Ìmọ́lẹ̀ Olódùmarè Àgbáyé, respectively, on Sunday at Alade Town in the Akinyele Local Government Area of the state.

“The time has come for both the Federal and State Governments to include TRK as a subject in the primary and secondary school curriculum, like they have the IRK and CRK, respectively. There is a need for proper education to impart to the younger generations the needed knowledge of our traditions and religion.

“Also, there is a need to equip the younger generations with culturally based knowledge which will make them useful for themselves and their land as well as implanting in them the spirit of patriotism that will make them unyielding to the spirit of betraying their ancestors.

“We call on the traditionalists to start making efforts to establish this subject in our primary and secondary schools, while the Federal and State Governments will give it the needed support by approving its inclusion in the school’s syllabus and curriculum.”

He said with TRK, children would not be taught about their own religion, culture, tradition, and history by foreigners and those from other religions, who have painted the religion in bad light to lure them away.

The remains of 17 military personnel, comprising four officers, 13 soldiers, slain by some irate youths in Okuama community in Delta State during a peace mission on March 14, have arrived at the National Military Cemetery, Abuja, for burial.

The bodies, which arrived at about 2:30 p.m., were conveyed by the FCT Ambulance Emergency Services and other vehicles.

In attendance are the Chief of Defence Staff, General Christopher Musa; Chief of Army Staff, Lt-General Taoreed Lagbaja; Chief of Air Staff, Air Marshal Hassan Abubakar, and Chief of Naval Staff, Vice Admiral Emmanuel Ogalla.

The Deputy Senate President, Jibrin Barau; and Speaker of the House of Representatives, Tajudeen Abbas, are also present.

Tinubu

Governors Sheriff Oborevwori (Delta), Duoye Diri (Bayelsa), Usman Ododo (Kogi), Uba Sani (Kaduna), Hope Uzodimma (Imo), and Abba Yusuf (Kano) are also in attendance.

President Bola Tinubu joined the solemn assembly at exactly 04:10p.m.

Family members and relatives of the deceased personnel, as well as those of other military officers, are also on ground to honour the fallen heroes.

Meanwhile, at the time of this report, the burial ceremony for the 17 military personnel was already underway.

On March 25, President Bola Tinubu approved the creation of the renewed hope infrastructure development fund (RHIDF).

The fund, according to a statement by Ajuri Ngelale, special adviser to the president on media and publicity, will invest in critical national projects that will, among other things, promote growth, enhance local value-addition, create employment opportunities, and stimulate technological innovation and exports.

Making clarifications about the fund in a statement on March 26, Bayo Onanuga, a presidential spokesperson, outlined the details of the infrastructure development fund.

WHAT DOES RENEWED HOPE INFRASTRUCTURE FUND MEAN?

According to the statement, Nigeria needs $35 billion each year until 2040 to cover infrastructure expenditures.

Former President Muhammadu Buhari, realising that the government could not meet the huge cost, according to the statement, established the presidential infrastructure development fund (PIDF) — with National Sovereign Wealth Authority playing a vital role.

The PIDF, he said, contributed to the realisation of critical projects, such as the second Niger bridge and the Lagos-Ibadan expressway.

However, Onanuga said the PIDF faced funding constraints, and delays in project execution, resulting in rising costs of materials and bureaucratic and institutional challenges.

These challenges, FG said, are what Tinubu’s RHIDF aim to overcome.

ABOUT THE INFRASTRUCTURE FUND

Onanuga described the initiative as a game-changing, inventive and transformative fund that will drive economic growth in road, rail construction, agriculture, aviation, education, health, energy, and technology. 

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He said it will also provide the elixir for crucial national projects that will accelerate infrastructure and economic development nationwide.

“With eyes on raising N20 Trillion, about $14 billion take-off capital, the Fund will support projects that will promote growth, enhance local value-addition through backward, forward and parallel linkages,” the spokesperson said

Onanuga said employment opportunities will also be created and exports promoted.

Providing an example, the presidency said improving the agricultural value chain will be the fund’s core focus to boost food security.

By fortifying agricultural infrastructure, the fund will ensure that post-harvest losses are reduced and food supply chains reinforced.

Major road networks, such as the Lagos-Calabar Coastal highway, Sokoto-Badagry expressway, Lagos-Kano, and Eastern rail lines are being targeted by the fund, while ports and aviation facilities will be modernised.

The fund, he said, will cast its net for investment capital wider than the PIDF.

“It targets Pension Funds, Concessionary Loans, Insurance companies, sovereign wealth funds, private sector arms of multilateral development institutions, bilateral private sector investors,” he said.

“Other financing sources are individual investors, including the Diaspora Nigerians, endowments and equity funds.”

WHY INFRASTRUCTURE DEVELOPMENT FUND WAS CREATED 

At the federal executive council (FEC) meeting on March 25, where the fund was first presented by Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), on behalf of the president, the rationale for its conception was explained.

He said the fund, which will be supervised by a director-general, will be domiciled in the presidency. 

According to the president, this will cut through bureaucratic bottlenecks that typically impede the implementation of beneficial projects.

Tinubu cited the Lagos Metropolitan Area Transport Authority (LAMATA), which he conceived during his tenure as Lagos governor in 2004, and how the agency oversaw the construction of two rail lines as well as some of the city’s important major roads.

The Kano government has approved a subsidy of N500,000 each for intending pilgrims in the state, following the recent hike in hajj fare.

On Sunday, the National Hajj Commission of Nigeria (NAHCON) announced an increase of N1.9 million to the initial N4.9 million paid by intending pilgrims.

The commission said the increase became necessary due to the forex crisis in Nigeria.

NAHCON also advised intending pilgrims to make payments based on the current dollar exchange rate and gave March 28 as the deadline to pay the extra money.

In a post on X (formerly Twitter) on Wednesday, Abba Yusuf, governor of Kano, said intending pilgrims in the state will now pay the sum of N1.4 million.

“Following the sudden increase of N1.9 million Hajj fare increase by the National Hajj Commission of Nigeria, I have approved a subsidy of N500,000 each for intending pilgrims from Kano embarking on the 2024 pilgrimage in Saudi Arabia,” the governor said.

“With this, intending pilgrims who have registered and paid the initial total deposit of N4.7 million and N4.5 million with the state pilgrims board, will now deposit N1.4 million out of the N1.9 million increase.”

Justice Olaolu Olanipekun of the Oyo State Magistrate Court Seven sitting in Iyaganku, Ibadan has issued a bench warrant for the arrest of a Cherubim and Seraphim (C&S) church, Prophet Ojo Amos (a.k.a Elewuogbo).

Justice Olanipekun ordered that Elewuogbo and his two sureties be arrested and detained till the next adjournment date for refusing to present himself in court after being granted bail.

Prophet Elewuogbo is currently standing trial before the court over alleged defamation of the character of the Founder of One Love Family, Sat Guru Maharaji.

Elewuogbo and a Lagos-based blogger, Gbenga Dan Asabe, had through media publications accused Maharaj Ji of selling human body parts for money ritual purposes.

The court also granted the request for the consolidation of the cases against Elewuogbo and Dan Asabe brought by Maharaj Ji’s counsel, Dapo Akinosi.

Akinosi had prayed the court that since the facts of the two cases are related, it would be better if they were merged.

The court granted the application and adjourned the case till 30th of April, 2024.

Florida Governor, Ron DeSantis, on Monday, March 25, signed a law restricting social media access for minors under 14.
The bill will prohibit children younger than 14 from joining social media in the state, reports NBC News.

Those who are 13 years old and younger will not be able to open a social media account in the state, and 14- and 15-year-olds will need parental consent to use such platforms.

The bill, HB3, also directs social media companies to delete the existing accounts of those who are under 14.

Companies that fail to do so could be sued on behalf of the child who creates an account on the platform. The minor could be awarded up to $10,000 in damages, according to the bill.

Companies found to violate the law would also be liable for up to $50,000 per violation, as well as attorney’s fees and court costs.

“Ultimately, [we’re] trying to help parents navigate this very difficult terrain that we have now with raising kids, and so I appreciate the work that’s been put in,” DeSantis said in remarks during the bill-signing ceremony.

DeSantis said: “We’re trying to help parents navigate this very difficult terrain that we have now with raising kids.”

Speaker of the Florida House, Paul Renner, said that social media is fraught with risks from traffickers and paedophiles, and that “social media platforms have caused a devastating effect on the mental well-being of our children.”

Most platforms require users to be 13 or older, though they do little in terms of enforcement.

Across the country, there has been rising concern about the effects of social media on child and teen development and learning.

But the law has also sparked concerns among those worried it sets a precedent for restricting free speech online.

DeSantis, who ran an unsuccessful campaign for president and dropped out in January, has argued many times that parents should have more control over decisions affecting their children, particularly in education.

Parental rights legislation in Florida and other states has sought to give parents more input in areas deemed controversial, especially education around LGBTQ topics in schools.

While the social media ban gives parents oversight on the matter, others say that the government should stay out of such fights altogether.

DeSantis previously vetoed a stricter social media ban, which would have blocked access for those under age 16.

He said at the time that a better balance was needed between competing parental rights, privacy issues and free speech.