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Repent, Renounce Crime Or… Wike Warns Criminals, Cultists …Promises Changed Cultists Amnesty

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The Rivers State Governor, Chief Nyesom Wike has announced that the state will grant  amnesty to criminals  and cultists who lay down their arms and embrace peace.
He gave the hint when members of the National Union of Petroleum and Natural Gas Workers (NUPENG) paid  him a courtesy visit yesterday in Government House, Port Harcourt.
Wike also said the state government  was working  with  relevant security  agencies  to  ensure that Rivers State  remained  safe for investors. He noted that strategies have been put in place to root out criminals from the  state.
Consequently, Wike  advised  labour  unions to use strike only as the last option in trade disputes to stem the tide of development  challenges  witnessed  as a result of  the  frequency  of  strikes.
Speaking against the backdrop of the suspended NUPENG strike, the governor emphasised  that  workers should be allowed to unionise so that companies  and organisations  will be encouraged  to  always  consider  their welfare.
He said: “I believe  that  strikes should  serve as a last option  for unions during trade disputes. The strikes in Nigeria  are getting too many and efforts should be  targeted  at  reducing  them.”
The governor further declared  that  the  state  government  will collaborate with NUPENG  as it develops  a Tankers Village  in Eleme with a view to taking tankers off the highways and generating revenue.
He commended  the  leaders of NUPENG for calling off their strike following  government intervention, noting that  the  state  government  has already  called on oil companies  to reciprocate by recalling the sacked  workers.
The  governor  urged unions to always  work towards the development of money  spinning ventures,  to reduce their dependence  on check  off dues for survival.
While expressing happiness that NUPENG  is developing  a tankers village/Tank farm in Rivers State,  he directed the State Commissioner  for  Energy and the Special  Adviser on Lands to work  with  the  union to bring the project to fruition  and ensure the release of certificate of occupancy for the project site.
Earlier,  President of NUPENG,  Comrade Igwe Achese commended the  governor for his development  strides in the areas of infrastructure  and  welfare of  workers.
He thanked the governor for intervening in the conflict between  the unions and oil  companies  in the state over the sack of their  members.
Achese informed the governor  of the tank farm being constructed  by NUPENG  in Eleme. He appealed  to the  Governor  to facilitate  the  release of the certificate of occupancy  for the project site.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike says the State Government is not relenting in its effort to crush criminal elements as it has mandated security agencies to rout cultists and other miscreants in their hideouts.
Speaking while playing host to the National Executive Council of the Nigeria Institute of Architects(NIA) in Government House, yesterday, Wike assured that the state is safe to host international events, citing the successful hosting of the Africa Movies Academy Award (AMAA) Awards and other international football events.
He said, “We are taking the war to the criminals who thought it’s difficult to totally eliminate them”.
Describing insecurity as a global phenomenon Wike added, “ the world today is not safe but we must do everything to protect our people.”
The governor noted that most of the negative media reports about the state were mere propaganda, as he called on the institute to use the visit to confirm the hospitality and peaceful nature of the state.
On the planned West Africa Architects Festival billed for September, the governor assured of the state support to the event and commended NIA for selecting Rivers State as its host.
He reiterated that the state is safe to host international events, disclosing that in the past months, Rivers State has become an investors haven, citing the new Indorama mega fertilizer plant worth over $5billion as a testament of a booming economy.
Wike congratulated National President of NIA, Architect Tonye Oliver Braide, who is the first Rivers indigene to occupy the seat in the 56 years old institute.
On his part, Architect Braide commended Chief Wike for his visionary leadership, noting that the planned West Africa Architect Festival, “ is our statement of support to your enigmatic administration.”
Braide says the festival would help showcase potentials of the state as building professionals from different parts of Africa would attend.
He hinted of plans to partner with the state government to establish a new manufacturing hub for building materials and a new industrial estate to boost the construction industry.

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INEC To Unveil New Party Registration Portal As Applications Hit 129

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The Independent National Electoral Commission (INEC) has announced that it has now received a total of 129 applications from associations seeking registration as political parties.

The update was provided during the commission’s regular weekly meeting held in Abuja, yesterday.

According to a statement signed by the National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun, seven new applications were submitted within the past week, adding to the previous number.

“At its regular weekly meeting held today, Thursday 10th July 2025, the commission received a further update on additional requests from associations seeking registration as political parties.

“Since last week, seven more applications have been received, bringing the total number so far to 129. All the requests are being processed,” the commission stated.

The commission revealed the introduction of a new digital platform for political party registration. The platform is part of the Party Financial Reporting and Auditing System and aims to streamline the registration process.

Olumekun disclosed that final testing of the portal would be completed within the next week.

“INEC also plans to release comprehensive guidelines to help associations file their applications using the new system.

“Unlike the manual method used in previous registration, the Commission is introducing a political party registration portal, which is a module in our Party Financial Reporting and Auditing System.

“This will make the process faster and seamless. In the next week, the commission will conclude the final testing of the portal before deployment.

“Thereafter, the next step for associations that meet the requirements to proceed to the application stage will be announced. The commission will also issue guidelines to facilitate the filing of applications using the PFRAS,” the statement added.

In the meantime, the list of new associations that have submitted applications has been made available to the public on INEC’s website and other official platforms.

 

 

 

 

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Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business 

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President Bola Tinubu yesterday signed into law four tax reform bills aimed at transforming Nigeria’s fiscal and revenue framework.

The four bills include: the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

They were passed by the National Assembly after months of consultations with various interest groups and stakeholders.

The ceremony took place at the Presidential Villa, yesterday.

The ceremony was witnessed by the leadership of the National Assembly and some legislators, governors, ministers, and aides of the President.

The presidency had earlier stated that the laws would transform tax administration in the country, increase revenue generation, improve the business environment, and give a boost to domestic and foreign investments.

“When the new tax laws become operational, they are expected to significantly transform tax administration in the country, leading to increased revenue generation, improved business environment, and a boost in domestic and foreign investments,” Special Adviser to the President on Media, Bayo Onanuga said on Wednesday.

Before the signing of the four bills, President Tinubu had earlier yesterday, said the tax reform bills will reset Nigeria’s economic trajectory and simplify its complex fiscal landscape.

Announcing the development via his official X handle, yesterday, the President declared, “In a few hours, I will sign four landmark tax reform bills into law, ushering in a bold new era of economic governance in our country.”

Tinubu made a call to investors and citizens alike, saying, “Let the world know that Nigeria is open for business, and this time, everyone has a fair shot.”

He described the bills as not just technical adjustments but a direct intervention to ease burdens on struggling Nigerians.

“These reforms go beyond streamlining tax codes. They deliver the first major, pro-people tax cuts in a generation, targeted relief for low-income earners, small businesses, and families working hard to make ends meet,” Tinubu wrote.

According to the President, “They will unify our fragmented tax system, eliminate wasteful duplications, cut red tape, restore investor confidence, and entrench transparency and coordination at every level.”

He added that the long-standing burden of Nigeria’s tax structure had unfairly weighed down the vulnerable while enabling inefficiency.

The tax reforms, first introduced in October 2024, were part of Tinubu’s post-subsidy-removal recovery plan, aimed at expanding revenue without stifling productivity.

However, the bills faced turbulence at the National Assembly and amongst some state governors who rejected its passing in 2024.

At the NASS, the bills sparked heated debate, particularly around the revenue-sharing structure, which governors from the North opposed.

They warned that a shift toward derivation-based allocations, especially with VAT, could tilt fiscal balance in favour of southern states with stronger consumption bases.

After prolonged dialogue, the VAT rate remained at 7.5 per cent, and a new exemption was introduced to shield minimum wage earners from personal income tax.

By May 2025, the National Assembly passed the harmonised versions with broad support, driven in part by pressure from economic stakeholders and international observers who welcomed the clarity and efficiency the reforms promised.

In his tweet, Tinubu stressed that this is just the beginning of Nigeria’s tax evolution.

“We are laying the foundation for a tax regime that is fair, transparent, and fit for a modern, ambitious Nigeria.

“A tax regime that rewards enterprise, protects the vulnerable, and mobilises revenue without punishing productivity,” he stated.

He further acknowledged the contributions of the Presidential Fiscal Policy and Tax Reform Committee, the National Assembly, and Nigeria’s subnational governments.

The President added, “We are not just signing tax bills but rewriting the social contract.

“We are not there yet, but we are firmly on the road.”

 

 

 

 

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Senate Issues 10-Day Ultimatum As NNPCL Dodges ?210trn Audit Hearing 

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The Senate has issued a 10-day ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) over its failure to appear before the Senate Committee on Public Accounts probing alleged financial discrepancies amounting to over ?210 trillion in its audited reports from 2017 to 2023.

Despite being summoned, no officials or external auditors from NNPCL showed up yesterday.

However, representatives from the representatives of the Economic and Financial Crimes Commission, Independent Corrupt Practices and Other Related Offences Commission and Department of State Services were present.

Angered by the NNPCL’s absence, the committee, yesterday, issued a 10-day ultimatum, demanding the company’s top executives to appear before the panel by July 10 or face constitutional sanctions.

A letter from NNPCL’s Chief Financial Officer, Dapo Segun, dated June 25, was read at the session.

It cited an ongoing management retreat and requested a two-month extension to prepare necessary documents and responses.

The letter partly read, “Having carefully reviewed your request, we hereby request your kind consideration to reschedule the engagement for a period of two months from now to enable us to collate the requested information and documentation.

“Furthermore, members of the Board and the senior management team of NNPC Limited are currently out of the office for a retreat, which makes it difficult to attend the rescheduled session on Thursday, 26th June, 2025.

“While appreciating the opportunity provided and the importance of this engagement, we reassure you of our commitment to the success of this exercise. Please accept the assurances of our highest regards.”

But lawmakers rejected the request.

The Committee Chairman, Senator Aliyu Wadada, said NNPCL was not expected to submit documents, but rather provide verbal responses to 11 key questions previously sent.

“For an institution like NNPCL to ask for two months to respond to questions from its own audited records is unacceptable,” Wadada stated.

“If they fail to show up by July 10, we will invoke our constitutional powers. The Nigerian people deserve answers,” he warned.

Other lawmakers echoed similar frustrations.

Senator Abdul Ningi (Bauchi Central) insisted that NNPCL’s Group CEO, Bayo Ojulari, must personally lead the delegation at the next hearing.

The Tide reports that Ojulari took over from Mele Kyari on April 2, 2025.

Senator Onyekachi Nwebonyi (Ebonyi North) said the two-month request suggested the company had no answers, but the committee would still grant a fair hearing by reconvening on July 10.

Senator Victor Umeh (Anambra Central) warned the NNPCL against undermining the Senate, saying, “If they fail to appear again, Nigerians will know the Senate is not a toothless bulldog.”

Last week, the Senate panel grilled Segun and other top executives over what they described as “mind-boggling” irregularities in NNPCL’s financial statements.

The Senate flagged ?103 trillion in accrued expenses, including ?600 billion in retention fees, legal, and auditing costs—without supporting documentation.

Also questioned was another ?103 trillion listed under receivables. Just before the hearing, NNPCL submitted a revised report contradicting the previously published figures, raising more concerns.

The committee has demanded detailed answers to 11 specific queries and warned that failure to comply could trigger legislative consequences.

 

 

 

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