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Again, The Niger Delta Issue …A Call For Honest Dialogue

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Rather than abate, from little known Niger Delta Avengers (NDA), the fresh insurgency in the oil rich Delta is giving birth to more and more groups. Although the leadership, profile and membership of such insurgent gangs still remain foggy, there are growing concerns that all may not be well in the area and by extension Nigeria.
When the NDA started its threats of attacking oil production facilities, it was dismissed with a wave of the hand until Agip and Chevron were hit in two separate attacks. Government’s immediate reaction was an order from the Commander-in-Chief, to the Military High Command to crush the militants.
That hurried reaction did not take into cognizance the currents and history of Niger Delta militancy, its threat to the economic profile of the country and how the Yar’Adua Presidency chose the amnesty option. It did not also consider the inherent danger such face-off, involving oil facilities and concomitant pollution would further endanger the environment and lives of the people. Also not put into proper perspective was the likelihood of civilian casualties, destruction of key public institutions and further aggravation of the crippling economic situation.
It was for all these that notable Nigerians called on the Federal Government to quickly consider and initiate dialogue, rather than use of force. They posited that such military posturing would rather than solve the impasse, aggravate it and return Nigeria back to the past when its oil production recorded its historical lowest.
Another option canvassed by many was a return to history, identify the wrongs associated with the forced amalgamation of 1914, and see how component parts of the ‘union’ today known as Nigeria would be made to have a sense of belonging and true nationhood. Appraising prevailing realities, influential Nigerians, like legal doyen, Prof. Nwabueze and former Vice President Atiku Abubakar, called for the restructuring of the Federation, in line with prevailing realities, as the present federal system being operated has failed to meet the yearnings and aspirations of the stakeholders.
Such a restructuring should make for stronger and economically more viable states as opposed to bigger centre, which negates true federalism. In such circumstance, each federating unit shall be encouraged to create its own resource base, develop and manage such resources and pay tax to the centre, as opposed to the present situation where all states depend on the oil from the Niger Delta for their survival and monthly rush to Abuja for hand-outs.
Those notable Nigerians insist that every state in the Federation has sufficient resources to develop and manage for growth. The problem is the laziness created by the oil which States now consider their meal ticket.
The strongest argument is that the central government is too large, expensive, over-reaching, inspiring and indeed greedy in the distribution of national resources. Its powers should be divested to reflect the true tenets of federalism.
Some of these arguments were captured during the last national conference which produced a report that many believed could address some of the agitations today creating insecurity in the land. Many have therefore called on the Buhari Presidency to look at the report with a view to implementing it.
But the body language of the President does not portray any iota of urgency. In fact, the Presidency has not as much as commented on the various issues raised by well-informed Nigerians.
It is perhaps that silence that has evoked the recent call by a new militant group, for a referendum, to determine the sovereignty of Nigerians. From insisting that major oil companies left the Niger Delta and calls for a revocation of the oil blocs allocated to prominent Northern elites, the militants are today calling for resource control. The militants now insist that the Niger Delta should be allowed to manage its resources, bear the consequences of the environment and pay taxes to the centre. Alternatively, a referendum be conducted to ascertain whether the Niger Delta still wishes to remain in the Nigerian Federation.
Unfortunately, rather than address the danger which this new line of debate holds, some Northern Senators have again raised the question: Where was the money used in developing oil in the Niger Delta sourced from? Their argument was that proceeds from agriculture and other resources from other lands together formed the capital to develop crude oil in the Niger Delta.
Really? How much? In those years of the groundnut pyramids, the regions enjoyed nearly 100 per cent derivation and resource control while the centre survived on taxes even from oil palm produced in the South East and South-South areas.
Besides, the Federal Government did not unilaterally develop crude oil. It was counterpart funding with major oil production multi-nationals who capitalised on the unholy marriage to short-change the Niger Delta. In those days, the argument of the Northern elite was that oil was a gift from God and belonged to no one in particular.
With such mindset, virtually every military regime, predominantly headed by Northerners turned natives of the oil bearing states into beggars while resources accruing from oil sales were used to develop major Northern cities.
The question still remains, how much was voted to develop crude oil? How much was the cost of building Abuja alone? How much profit has the central government made from its investment?
Everywhere in the world, ownership of land also determines ownership of resources there in. Nowhere in the world are land-owners, totally denied ownership of the treasures buried beneath. It is only in Nigeria where land belongs to the Niger Delta people but the oil buried there in, for all.
With civilisation and education, those mundane arguments can no longer hold water. Reality is that government must re-negotiate the terms of engagement with land-owners or investors may reconsider new investments in more conducive climes.
Silence on the part of the Federal Government is no longer healthy to the debate. Government must take a position and determine next line of action to douse the impending rift. From the stand point of the new militant groups, nothing short of resource control will bring peace. This means putting the entire area at risk in the event of arms confrontation or guided attacks on oil facilities.
The Buhari Presidency should take urgent steps at addressing the growing insurgency in the South-South, the increasing protestations, and sense of marginalisation in the South-East, the pressing sense of insecurity caused by rampaging herdsmen in the South-West and bring an end to Boko Harm in the North-East.
All these are battles that must be fought and won using the lean resources available to government. Allowing such funds to be depleted even further on account of ego, shame and pride, or a hurried resort to armed combat would indeed be injurious to the nation and its people.
This is why the Buhari Presidency must heed the advice of statesmen that the report of the last National Conference be revisited or outright restructuring be initiated. That is the wise thing to do.
While this is awaited, the militants should realise that the planned war is not against the same people whose interest it professes to champion. That each attack further degrades the environment and the ecosystem and by extension further threatens the people’s occupation of fishing and farming.
They must therefore embrace cease fire and allow dialogue so as to let the conversation flow freely. It should not be all about threats and violence, sometimes, maturity and commonsense should play their roles.
My Agony is that the comments of some Northern Senators could incite violence, rather than abate it, for true dialogue to take place. That’s how greed drives people to self-destruction.
Perhaps, they should be told, “strength and wisdom are not opposing values. They complement each other,” according to former US President Bill Clinton.

Soye Wilson Jamabo

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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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17 Million Nigerians Travelled Abroad In One Year -NANTA 

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The National Association of Nigerian Travel Agencies (NANTA) said over 17 million Nigerians travelled out between 2023 and 2024.

This is as the association announced that it would be organising a maiden edition of Eastern Travel Market 2025 in Uyo, Akwa Ibom State capital from 27th to 30th August, 2025.

Vice Chairman of NANTA, Eastern Zone, Hope Ehiogie, disclosed this during a news briefing in Port Harcourt.

Ehiogie explained that the event aims to bring together over 1,000 travel professionals to discuss the future of the industry in the nation and give visibility to airlines, hospitality firms, hospitals and institutions in the South-South and South-East, tagged Eastern Zone.

He stated that the 17 million number marks a significant increase in overseas travel and tours.

According to him, “Nigerian travel industry has seen significant growth, with 17 million people traveling out of the country in 2023”.

Ehiogie further said the potential of tourism and travel would bring in over $12 million into the nation’s economy by 2026, saying it would be a major spike in the sector, as 2024 recorded about $4 million.

“The potential of tourism and travel is that it can generate about $12 million for the nation’s economy by 2026. Last year it was $4 million.

“In the area of travels, over 17 million Nigerians traveled out of the country two years ago for different purposes. This included, health, religious purposes, visit, education and others,” Ehiogie said.

While highlighting the potential of Nigeria’s tourism, he said the hospitality industry in Nigeria has come of age, saying it is now second to none.

The Vice Chairman of NANTA, Eastern Zone further said, “We are not creating an enabling environment for business to thrive. We need to support the industry and provide the necessary infrastructure for growth.”

He said the country has a lot of tourism potential, especially as the government is now showing interest in and supporting the sector.

Ehiogie emphasized that NANTA has been working to support the industry with initiatives such as training schools and platforms for airlines and hotels to sell their products.

He added, “We now have about four to five training schools in the region, and within two years, the first set of students will graduate. We are helping airlines sell tickets and hotels sell their rooms.”

Also speaking, former Chairman of the Board of Trustees of NANTA, Stephen Isokariari of Dial Travels, called for more support from the industry.

Isokariari stated, “We need to work together to grow the industry and contribute to the nation’s Gross Domestic Product.

“With the right support and infrastructure, the Nigerian travel industry has the potential to make a significant contribution to the nation’s economy.”

 

 

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