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Oil Communities Present Demands To FG

Representatives of oil producing communities and Stakeholders in Rivers State have called for equity, fairness and development of their communities by the Federal Government.
The stakeholders made their submissions public during an interactive forum with visiting Acting President, Prof. Yemi Osinbajo who was on the last lap of his consultations with representatives and leaders of Niger Delta at Government House, Port Harcourt last Monday.
Representative of Pan- Niger Delta Forum (Pan-DEF), Alabo Tonye Graham Douglas called for a sustainable and comprehensive marshal plan for the region.
Graham-Douglas said time has come for a Special Niger Delta Energy corridor as it would boost industrial relations and drive development, adding, “if peace returns by the time this tenure ends, then, development could go a long way”.
The State Pan-DEF leader further called for the setting up of a Mandate Committee to work out modalities for implementation of a workable strategy to drive development in the region.
In his submissions, representative of the Rivers Elders Council, Onueze Okocha, a Senior Advocate of Nigeria (SAN) sought for synergy among federal, state and local governments, adding that “the people of Rivers State do not consider that they are at war with the federal government or other states of the federation”.
Okocha decried that in recent times the federal government has acted as if they have problem with the state which has affected the people negatively.
The former President of Nigeria Bar Association argued that the loyalty of the governor, Chief Nyesom Wike is not in doubt, but noted that begging issue of boundary adjustment and ceding of Soku Oil well to neighbouring Bayelsa State have affected the revenue profile of the State.
Against this backdrop, Okocha lamented that the people are not given equal opportunities in the polity, “to compete and determine what will be their collective interest”.
Speaking for Oceania Communities in the Kalabari area of the state, Chief Hope Opusingi submitted that the communities have over 160 oil wells and gas installations.
Opusingi lamented that over 50 years of oil exploration in their fishing communities has affected their livelihood, and destroyed their environment due to pollution.
The Opu Kula traditional ruler explained that the dwindling means of livelihood has compelled youths to engage in vandalization and illegal bunkering “as their physiological needs continue to drive the youths unless a truthful consultation is made”.
He advocated for the siting of federal agencies and assets such as polytechnics, universities to provide opportunities for the people of the area, and pleaded that security agencies operating in their area be compelled to respect traditional institutions and women.
Speaking for the people of Ogba/Egbema/Ndoni area, Justice Ben Ogbari said the area produces over 39 per cent of the country’s gas, but observed that despite these huge economic contributions, the people are still beset by environmental degradation and lack of infrastructure.
Ogbari noted that the entire wild life and water have been polluted and called on the federal government to do all in its powers to provide youth employment opportunities and roads to link the area to other parts of the country.
Notable activist and environmental rights advocate, Ann Kio-Briggs who spoke for the Women of Rivers State said they re seeking for equity and justice in the use of resources from their soil.
She denied the devastation of the environment by oil exploring companies which, according to her, has denied women their means of livelihood and sustaining their families.
Ann Kio-Briggs used the forum to call on the Federal |Government to stop withdrawing security details of the governor, saying that, “if the situation persists, we may have no other option but to protect our governor”.
An ex-agitator, Richard Akinaba urged the Federal Government to create skills and other opportunities that will reduce illegal bunkering and pipeline vandalization.
Akinaba is of the view that if illegal refining is legalized and modular refineries set up, it will help check violence and at the same time transform the economy.
Meanwhile, Chairman of the Rivers State Traditional Rulers Council and Amayanabo of Opobo, King Dandison Jaja has joined in calling for a joint Marshal Plan for Niger Delta.
He said, “As traditional rulers, we are worried what will happen in the next 20 years if a plan is not put in place”.
Part of the Marshal Plan, the Opobo monarch recommended should include the Commencement of Nigeria Liquified Natural Gas (NLNG) Train 7 in Bonny and kick off of Brass NLNG project.
The traditional ruler also recommended that the money used in funding subsidy for petroleum products should be channeled to other areas, and called for the stoppage of fuel importation.
Consequently, Governor Wike has called on the Federal government to resuscitate its horibund agencies and assets in the state.
Chief Wike who spoke during the interactive forum with the Acting President said the poor state of federal assets contributes to economic deprivation of the people.
Such assets include the moribund federal Port in Port Harcourt, the airport, Bonny-Bodo Road East West Road, as the advocated for the full implementation of Ogoni Environment Project.
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Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business

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

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

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.”