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‘Atiku’s Exit Signals End Of APC’ – As Seven Govs, Ministers, Lawmakers Conclude Plan To Decamp – Move Divides North, Presidency

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Peoples Democratic Party (PDP) in Rivers State has expressed delight at the exit of former Vice President, Alhaji Atiku Abubakar from the ruling All Progressives Congress (APC), saying that it was the beginning of the ruling party’s end in 2019.
Publicity Secretary of PDP in the State, Samuel Nwanosike, who spoke in Port Harcourt yesterday on the development said it was a clear indication that APC was a “dead” political party particularly in the state.
Nwanosike, who said the PDP was ready to welcome him and his likes to the party, blasted the APC-led Federal Government for leading Nigerians to the hardship they never imagined.
He said: “To PDP, the decision of Alhaji Atiku Abubakar is a welcome development. In fact, it is the beginning of the end of the All Progressives Congress in the country. His decision has shown clearly that leaders in the APC have seen that their political party has failed Nigerians. You can see the reasons he gave for leaving the party.
“It has shown clearly that APC, as a political party, does not have the capacity to manage the economy of the country. And the party is leading Nigerians into doom. The former vice president believes that, as pragmatic democrat, he cannot stay and watch somebody truncate the hard-earned democracy.
“They made lots of promises during the campaign and today, they cannot fulfill those promises or even work hard to achieve most of those promises. Virtually all the promises they made including restructuring of the economy, have not been achieved.
“They are making excuses, playing blame games from one position to the other. Worst of it all is that, we are not even seeing who is in charge of the government. The DSS and EFCC are drawing guns against each other. A situation where people are sacking and employing Maina shows that President Buhari is not in charge of the government”, PDP spokesman stated.
The resignation of former Vice-President Atiku Abubakar from the ruling All Progressives Congress (APC) has caused a fresh division among the political forces in Northern Nigeria, with major political blocs in the APC and the Peoples Democratic Party (PDP) in the region returning to the drawing board to plan fresh alliances.
Though Atiku, who in a letter made public last Friday, said he was resigning from the ruling APC, which he joined in 2013, is yet to declare for any other party, political forces in the North have begun a scamper to redraw strategies to either contain the ace politician or attract his interest.
It was gathered that already, no fewer than seven state governors, serving ministers, several lawmakers in both chambers of the National Assembly, as well as others holding key positions in the government and the APC have concluded plans to dump the party to follow the former vice-president, who is believed to be heading to his former party, the Peoples Democratic Party (PDP).
A close source to the former Vice-President told our correspondent in Abuja, last Saturday, that barring last-minute change, Atiku has concluded plans to storm the National Secretariat of the PDP in the first week of December 2017 along with his supporters after he must have declared for the party in Yola, Adamawa State.
This was just as a barrage of reactions, last Saturday trailed the resignation of the former vice-president from the APC, with prominent Northerners, including former Presidential Aide, Alhaji Tanko Yakassai; former member of the House of Representatives and critic, Alhaji Junaid Mohammed, among other individuals, groups and associations, giving divided opinions on the exit of the Adamawa-born politician from the APC and his reported 2019 presidential ambition.
The Tide gathered that some power brokers in the various camps held a series of consultations at the weekend, with the sole aim of forging fresh alliances, while more consultations were said to have been planned for different locations in the Federal Capital Territory, Abuja on Tuesday and Thursday this week by the arrowheads of a medley of politicians and professionals from varying backgrounds.
A source told one of our correspondents that Atiku had been chosen to speak at a public forum being put together by another coalition to set the tone for his presence at the national convention of the PDP on December 9, 2017 in Abuja.
Reports from Kaduna, the political headquarters of Northern Nigeria, indicated frenzied moves by some power brokers to review some plans on the ground before now following the likelihood of realignment of forces in the political circle, especially in the light of the PDP convention.
Findings also confirmed that Atiku indeed reached out to some key politicians of Northern extraction to apprise them of his decision to quit APC and seek another political platform to pursue his presidential bid.
A reliable source at the secretariat of PDP, Kaduna State, who spoke with our correspondent on a condition of anonymity, said the former VP had met with some top stalwarts in the state over his presidential ambition.
Though the source could not say who and who the former number two man met with, he was said to have consulted some chieftains of the party secretly before he made his resignation known.
This claim was also confirmed by the state’s chairman of the Atiku Care Foundation (ACF), Alhaji Ibrahim Dahiru Danfulani, who told newsmen that consultations with various interest groups and individuals “are currently ongoing.”
“I want to assure you that these groups and individuals have given us their words. We are waiting to see the party that our mentor (Atiku) will join and we will follow him there,” he said.
However, renowned political critic, Dr. Junaid Muhammed, has said that the resignation of the former vice-president from the APC was not a big deal, saying as far as he [Junaid Mohammed] was concerned, “the former vice -president is an expired politician, who is in politics to make money and not to contribute positive quota to nation-building.”
According to Mohammed, “this is not the first time the former vice-president, Alhaji Atiku Abubakar, will leave a party on the claims of being sidelined or for whatever reasons. If he could leave the PDP and go to contest on the platform of the Action Congress when he was the immediately past vice-president of the PDP; that shows you the kind of character we are dealing with.”
Former Special Adviser on National Assembly Matters to former President Shehu Shagari, Yakassai, said he was not surprised that Atiku resigned his membership of the APC, saying it would be an eye-opener to the APC, “as many people who made it possible for the APC to become the ruling party in 2015 are not happy about not being carried along.”
He said the others would sooner or later leave the party.
Speaking with our correspondent in Kano, the elder statesman noted that the body language of APC, its leaders and the former vice-president had been showing that there had been unfavourable conditions among them.
His words: “There had been disagreement among the APC, its leaders and Atiku for a long time and anybody that is familiar with partisan politics, would realise that there was total disconnect between the APC and the former vice-president. So, I am not surprised that he left the party.”
Yakassai noted that the character of Nigerian politics today “is that people move to political parties that would be convenient for them or accommodate their aspirations,” berating all political parties in the country for being the same and without ideologies.
Meanwhile, former Minister of Aviation, Femi Fani-Kayode has tackled the Governor of Kaduna State, Malam Nasir el-Rufai, who said that “God has decreed that this is President Muhammadu Buhari’s time. As long as he remains in politics, he sees no Nigerian who can match him”.
Fani-Kayode while reacting to the governor’s statement said that ‘that is what they said about Goliath until David came along! For every Goliath, there is a David. Hubris leads to nemesis.’
Fani-Kayode, in a series of tweets on his Twitter handle, also said “As a party, the Peoples Democratic Party (PDP) is now at a crossroad: the moment of truth has finally arrived.”
According to him, if the PDP makes the right choices, the party shall excel and overcome her common enemies.
“If we make the wrong choices, we shall suffer defeat and never recover again. The choice is ours. May God guide us”, he stated.
Fani-Kayode also used the opportunity to beg the former vice president, Alhaji Atiku Abubakar, who just left the All Progressives Congress (APC) to return to the Peoples Democratic Party (PDP).
Similarly, an author and ex-aide to former President, Dr Goodluck Jonathan, Reno Omokri, has said that President Muhammadu Buhari may have been jittery over the news of the dumping of All Progressives Congress (APC), by a presidential contender and former Vice President, Atiku Abubakar.
Atiku had, last Friday, announced his resignation from the APC, saying the party has failed Nigerians and has equally instituted a draconian regime that has continued to clamp down on democracy in the country.
He also accused the APC of having no regard for the youth, especially as he said the party has no single youth in its cabinet, wondering how the leaders of tomorrow are not a priority for the party.
Omokri also stated that Buhari must be very jittery that he quickly set up a committee to increase minimum wage, a ploy he said was being used by the president, perhaps, to bribe Nigerians.
According to him, “On the same day that Atiku resigned from the APC, President Buhari decided to set up a committee to increase the minimum wage. Coincidence or signs that the President is jittery over his impending 2019 defeat and wants to bribe Nigerians with a salary increase”.
Former Nigerian vice president Atiku Abubakar who last Friday announced his decision to leave APC, has arrived in Yola where he is now engaged in series of meetings with Peoples Democratic Party (PDP) officials at all levels who keep trooping to his house to woo him back into the party.
Our correspondent reports that the former Vice President had so far met with Adamawa PDP executives at all level as well as state chairmen from the six states that constituted North East, including the National Vice chairman North East of the party.
Commenting on the meeting between Atiku and the state executives of PDP, the State Secretary of PDP, Alhaji Abdulllahi Prambe, said the meeting was fruitful.
“Our meeting with him has been fruitful and from his body language he will soon return to PDP,” Prambe said.
Prambe said that it would be a big boost to the party at the state and national levels when Atiku finally returned.
“With Atiku, the party will carry more weight and more people will also troop in,” Prambe said.
When contacted about developments, Atiku’s spokesman, Mr Paul Ibe, declined to comment.

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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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