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President Has Failed Nigeria -Ozekhome …Ambition Dead On Arrival -Fayose
Condemnation has continued to trail Monday’s declaration by President Muhammadu Buhari to contest the 2019 presidential election.
In a chat with The Tide, yesterday, a member of the National Assembly representing Degema/ Bonny Federal Constituency, Hon Randolph Brown said Buhari’s performance so far was abysmal, and as such, he should shelve his ambition.
“Nobody can deny him the right to contest, but his performance is below average,” Brown said, adding, “security is getting worse, rule of law is nothing to write home about”.
Brown said he was sure Nigerians would definitely not vote Buhari again, since he has not added value to their lives in the past three years.
The House of Representatives member called on the opposition Peoples Democratic Party (PDP) to re-strategise on how to take over power at the centre in 2019, reasoning that the party has bright chances if it puts its house in order.
On his part, Head of Department of Political Science in the state-owned Ignatius Ajuru University of Education, Prof. Alafuro Epelle opined that Buhari’s chances in 2019 elections were slim, considering his performance so far.
“If you ask me my objective view, he has scored very low in terms of performance,” Epelle stated, stressing “he has not added value to our lives”.
The professor of Political Science further said, “If you ask me to advise him, I would say he should not contest.”
Epelle also pointed out that contrary to public opinion, Buhari may not enjoy the huge support he had in 2015, noting that “there is likely to be a division among the Hausa-Fulani in the upcoming elections”.
He advised the PDP to exploit the shortcomings at the federal level by fielding a candidate that has the pedigree and popularity to balkanise the North and defeat APC in 2019.
Meanwhile, barely 24 hours after President Muhammadu Buhari made his intention to seek re-election in 2019 known, a constitutional lawyer, Chief Mike Ozekhome, has said that President Buhari has failed Nigeria having performed abysmally and disastrously between 2015 and 2018.
Ozekhome, also a human rights activist, thus asked Nigerians to reject him at the polls, saying Buhari had failed to deliver his electoral promises to restore economy, fight corruption and ensure security.
He made the call yesterday in a statement he issued in response to Buhari’s declaration to seek re-election in 2019, noting that the speculation that the ruling APC “is banking on massive rigging of the 2019 election to win is merely illusory”.
According to him, “The plan to rig cannot work. Nigerians are more enlightened today than ever before. They will use their PVCs to vote wisely, notwithstanding any acts of intimidation or coercion. 2019 is just 10 months away. I will keep my fingers crossed to see how it all plays out.”
Ozekhome lamented that the economy “is in an all time low,” noting that from an over $500 billion rebased economy he inherited, Buhari led Nigeria into recession and now claimed to have taken it out.
Sadly enough, Ozekhome wondered that the president could call for celebration “to take Nigeria back from recession. But the figures do not tally, nor does the story jell. Nigerians are hungrier today than they were three years ago. They have been rendered destitute and impecunious”.
Citing the impact of the economic recession, Ozekhome said many resorted “to going to Libya and attempting to cross the seas to European countries to escape from hunger and squalor, thereby dying in the process. More Nigerians have taken to prostitution across European nations more than ever before”.
In their quest for greener pasture in Europe, the constitutional lawyer lamented that many of them “are gang-raped, sodomised, enslaved and bestialised. The youths have taken up arms, committing more heinous crimes, such as robberies and kidnap, more than ever in the history of this country”.
He pointed out that Buhari promised three million new jobs per annum. However, according to him, Buhari and the APC have caused Nigerians to, paradoxically, lose about 3.5 million jobs annually, according to the National Bureau of Statistics (NBS).
He said the price of fuel alternates between N145 per litre and N400, whenever available, whereas the APC-led federal government met it at N87 per litre.
Ozekhome explained that a bag of rice “now sells for between N15,000 and N20,000. He met it at N7,500. Prices of goods and consumables have gone out of the reach of the common man, with Nigerians literally feeding from dust bins. So, on the economic front, one of his tripodal promises, he has failed Nigeria and Nigerians. Is this why they will vote for him again? I want to see”.
Under Buhari, Ozekhome said Boko Haram “is stronger today, more potent and more deadly than it ever was. We are regaled daily (check online, print and electronic media), with tales of Boko Haram’s blood-letting exploits, maiming, killing and burning houses across the North-east.
“With apparent government collusion, the military in Dapchi were hurriedly posted out. Chibok was re-enacted in Dapchi, where over 110 secondary school girls were viciously abducted. They were later released in a Hollywood style, in broad daylight, by the same Boko Haram after mind bungling sums were said to have been paid to them as ransom”.
Ozekhome said: “If Boko Haram regarded as one of the four leading terrorist groups in the world were considered deadly enough, the rampaging herdsmen has become more murderous.
“Day-in-day-out, they kill innocent Nigerians in their homes, their farms, burn others, lay siege to whole communities, rape their wives and daughters, and kidnap their males. Never has Nigeria witnessed more insecurity than it is today.”
He said although Boko Haram was limited to the North-east, Fulani herdsmen menace “spread across all the nooks and crannies of Nigeria. Federal government does not even pretend to want to curb the insurgency. Not a single herdsman has been arrested or prosecuted by the government.
“Kidnappings, murders, suicides and rape cases have since increased geometrically, rather than arithmetically. Consequently on the insecurity front, Buhari has scored below average. Is this why Nigerians will vote for him?”
He noted that Buhari’s greatest failing “is perhaps in this anti-corruption context. He had promised to fight corruption. Three years down the line, he has not secured a single conviction of any high profile, politically exposed person. Rather, Nigerians have been treated to ludicrous media trial”.
In desperation, the constitutional lawyer added that the government “has now released names of opposition members whom they have charged to court, but cannot prove their cases against as ‘looters’, without any court conviction or judicial pronouncement to that effect”.
“This is in sync with the government’s now infamous disregard for due process, rule of law, independence of the judiciary and disobedience to court orders. Impunity reigns supreme. In appointments, cronyism, nepotism, tribalism, clannishness and favouritism triumph over merit and competence.
“Transparency International, in its recent corruption perception index, has rated Nigeria as one of the most corrupt countries in Africa, beaten to the second position in West African by only one country. Nigeria placed 148th globally, out of 180 countries freedom of speech, press freedom, NGO’s freedom, and sundry liberties are seriously curbed, leading to a reign of fear and terror,” he said.
According to him, “Where the government fights ‘corruption’ amongst opposition and critics with pesticides, herbicides and insecticides, it caresses and deodorises its own corrupt officials, ministers, serving military generals and kitchen cabinet members with sweet smelling sasarabia cologne.
“Corruption reeks everywhere in the government, with many Pandora boxes of oozing gates: Mainagate, Babachirgate, health sectorgate and NNPC gate. The Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, revealed to a shocked nation how $23 billion contracts, were irregularly awarded and signed by Buhari on his sick bed abroad, at a time Osibanjo was already the acting president.”
He, therefore, noted that the $2.1 billion Dasukigate, which the federal government “has pegged its anti–corruption fight is less than 10 per cent of the NNPCgate. Corruption now struts around and about proudly, unrestrained, walking on its fours, head and even buttocks”.
Also reacting, Ekiti State Governor, Mr Ayodele Fayose, has dismissed President Muhammadu Buhari’s chances of securing a second term in 2019, insisting that the President’s re-election bid was dead on arrival.
Fayose said this in Ado-Ekiti, the Ekiti State capital in reaction to the declaration by the President earlier, last Monday that he would run for re-election.
The President had declared his intention during the All Progressives Congress National Executive Council meeting in Abuja before departing the country for London, where he is also expected to meet UK Prime Minister, Theresa May.
While several members of the APC and the President’s close allies have welcomed the news, Fayose told journalists that Nigeria would not need him as President in 2019.
The governor said not only would President Buhari be too old to lead the country then, he had failed to utilise the opportunity given to him in 2015.
“That ambition is dead on arrival. We don’t need grandpa as President anymore; Nigeria does not deserve a Buhari as President in 2019. Buhari is too old and tired. When people don’t know when to take their leave and say bye, Nigerians will show them the exit door,” the governor was quoted as saying in a statement by his Chief Press Secretary, Mr Idowu Adelusi.
The governor further accused the President of failing “on all fronts” including the fight against corruption.
He added, “He has failed in the economic front and he has not done well in terms of security.”
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.”