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Finally, Atiku Returns To PDP – Says Three Million Job Lost Under Buhari In 2 yrs – No Better Alternative To PDP, Wike Insists – As Jostle For National Chairmanship Hots Up
Former Vice President, Atiku Abubakar has rejoined the opposition Peoples Democratic Party (PDP) which he helped found some years ago, saying he took the decision after due consultations with party leaders and stakeholders nationwide.
In a live Facebook chat with Nigerians, Atiku said rather than the promise to create three million jobs annually, no fewer than three million Nigerians have instead lost their jobs in the more than two years of the President Muhammadu Buhari-led administration.
“Hello, my name is Atiku Abubakar”, the Wazirin Adamawa had begun.
Going further, he said; “I am speaking to you today on Facebook Live as I want to reach as many of our young people as possible as I have an important announcement to make about the future of Nigeria. As it is you, our youths, who represent the future of our nation.
“I have found in my travels across the country that whenever I get into conversations with young people, their number one concern is whether they will be able to get a job for without a job they have no means of sustaining themselves or begin a family. And without the security of a job, we cannot have security in our country. So without jobs, there is no future for you or for Nigeria.
“And I also know as a parent that the older generation is also concerned about jobs for their children and, too often today, for themselves as well.
“Creating jobs is something I know about as I have created over 50,000 direct jobs and 250,000 indirect jobs in my own State of Adamawa. And I also know how the Government can help create the right environment for businesses to create jobs. When I was Vice President in 1999, I was responsible for liberalising the telecommunications sector which enabled us to increase the number of people who could access a phone from less than 1 million then to over 100 million today.
“This transformation resulted in the creation of hundreds of thousands of new jobs from the top-up card vendors you see on every street corner to the many new businesses that fed off the mobile phone revolution”.
Recalling how he was “elected Vice President under the banner of the PDP, which is the political party I had helped to found some ten years before”, Atiku said he had left the PDP based on principle and the excitement created by the APC’s promise of creating three million jobs annually.
“And some of you may also know that I left the PDP four years ago when I believed it was no longer aligned to the principles of equity, democracy and social justice upon which we had founded it.
“I joined the APC as I had hoped it would be the new force that would help improve life for our people and I was excited about the party’s manifesto to create three million new jobs a year.
“The result has not been the change people had been promised or voted for, as in the last two years almost three million Nigerians have lost their jobs.
“And today, with a record 25% of people aged 18-25 unemployed, I can see how difficult it is for our youths to find a job.
“The key to creating jobs is a strong economy and that is what we are currently lacking. So today, I want to let you know that I am returning home to the PDP as the issues that led me to leave it have now been resolved and it is clear that the APC has let the Nigerian people, and especially our young people, down.
“But rather than giving a long political speech on this matter, I thought it would be more helpful to invite you to ask me questions and share with you my answers”, Atiku ended his speech. .How I will tackle challenges facing the youth asked about how he would deal with the challenges facing the Nigerian youth as an old man, Atiku said; “I meet young people every day. I have children and grandchildren and most of my employees are youths. The key to knowing what young people want is to listen to them. I’m good at that. Sometimes when I am on the phone with my kids, they ask me are you still there, because I just listen to them without interrupting. Young people are on social media and so I go there. They tell me that their number one challenge is jobs. Terrorism, militancy, kidnapping, and other forms of exuberance that may lead to criminality are a symptom of the disease of joblessness. Once you can get Nigeria working again and get Nigerians working again, youth restiveness will ease and gradually disappear”.
On how he intends to focus on leadership while also managing his vast business concerns, the former APC chieftain said leadership must be separated from management. “I lead my businesses. I do not manage them. I have qualified managers managing them including some in their early 20s. As a leader, you provide direction and then you bring in skilled people and inspire them to implement your roadmap to getting to the destination of your direction. So in answer to your question, I am more into leadership and this gives me the clarity I need to take in the larger picture”, he said.
When he was asked to react to a recent declaration by the Minister of Information, Lai Mohammed that the PDP will not be returning to power anytime soon, the Wazirin Adamawa said only arrogance makes people say such things.
“Nobody knows the future other than God and to dictate what the future will be is not within man’s purview. But it is about Nigeria not about power. Power for power’s own sake breeds arrogance and arrogance makes men say things like that. All I am saying is that we need a party that speaks to national sentiments not regional ones. We need a party that can make all Nigerians one till we can boldly say that we are all brothers and sisters with only one mother Nigeria”, he stated.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike has declared that the emerging strength of the Peoples Democratic Party (PDP) was built on the people who are enjoying the benefits of good governance from PDP governors and lawmakers despite the economic downturn.
Wike said: “Nigerians should know that the only hope for the country is the PDP. Nobody should deceive you. I want to tell you that you should not be intimidated.
“The time for intimidation is over. They have done everything in my state to intimidate us, but we told them, no way. We will continue to tell them, no way”.
He added: “I have always told them that our own soldiers are the people. It is your work that will speak for you. I am proud that I was elected on the platform of the PDP”.
Wike said that it is now obvious to Nigerians that there is no alternative to the PDP.
Similarly, as the December 9 National Convention of the Peoples Democratic Party (PDP) draws nearer, former and present heavyweights in the party have intensified lobby for their respective candidates.
Top contenders for the national chairmanship include former Acting National Chairman, Prince Uche Secondus, ex-Minister of Education, Prof Tunde Adeniran, former Deputy National Chairman, Chief Olabode George, former Minister of Sports, Prof Taoheed Adedoja, former Governor of Ogun State, Otunba Gbenga Daniel, ex-Governor of Oyo State, Senator Rashidi Ladoja, Media Mogul, High Chief Raymond Dokpesi and former governorship candidate in Lagos State, Jimi Agbaje.
The Tide learnt that most of the national chairmanship aspirants are allegedly been supported and sponsored by party bigwigs and members of the Board of Trustees (BoT)
Political analysts say that the jostle for offices at the national convention was going to be battle royale because the godfathers in the party and some serving governors were already squaring up to slug it out by deciding who controls the delegates at the convention.
It was believed that if the party fails to get it right this time around, the party may as well say goodbye to its chances in 2019 presidential and other elections in the country.
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.”
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.
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.”