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CHOGM: Admit Failure, PDP Tasks Buhari …Chides President Over Gaddafi Comment …No Second Chance For APC -Wike

Ahead of the Commonwealth Heads of Government Meeting (CHOGM), which opens in London today, the Peoples Democratic Party (PDP) has charged President Muhammadu Buhari to use the forum to inform other world leaders of the depressing state of affairs in Nigeria under his watch.
In a statement issued by Kola Ologbondiyan, National Publicity Secretary, in Abuja yesterday, the party urged him to resist what it called the temptation of seeking to impress world leaders with false performance indices, but should present the real situation,
“particularly the pitiable state of our economy, escalated insecurity, human rights abuses, daily bloodletting, persecution of opposition and erosion of democratic values in the last three years.”
It said President Buhari should not forget to inform CHOGM that back home, there is a national indignation and general vote of no confidence against his administration for its abysmal performance and failure to fulfil the littlest in the long list of bogus promises they made during the 2015 Presidential campaign.
The opposition party also advised President Buhari to inform other world leaders that due to the harsh economic policies and gross incompetence of his administration, “our once robust economy, internationally rated as one of the fasted growing in the world and one of the best investment destinations, collapsed in his hands and went into a recession; that infrastructures are collapsing and that all sectors of public and private lives are now in shambles.”
The statement added: “He should not forget to tell the world that not only has he failed in his false promise to increase the value of naira from N1 to 1USD, his government has wrecked our currency from N160-N170 it met it in 2015 to a devastating N350-N400, with attendant horrible pressure on the economy.
“Mr President should not forget to inform CHOGM that under his administration, more than 16 million Nigerians became unemployed, 18 million more became underemployed while another 27.44 million refused to work in 2016 for various reasons not unrelated to frustration in the polity.
“Our dear President, who is already seeking re-election, should not forget to tell the world that due to his harsh policies, the middle class has been wiped off, families are in distress; hunger, poverty and strange diseases are now ravaging our people to the extent that Nigerians, once considered the happiest people on earth, are now resorting to slavery and suicide as options.
“President Buhari should not shy away from informing the world that his administration has failed in guaranteeing the safety of lives and property; that under his watch, our dear nation has become one of the most insecure countries to live in; bloodletting, violent attacks and sectorial crisis have become the order of the day; insurgents and marauders are having field day pillaging innocent citizens while our land has practically transformed into a large funeral parlour.
“Furthermore, President Buhari must tell the world that he has woefully failed in his much-touted fight against corruption; that his
the administration is merely engaged in the personal vendetta, direct persecution and media trial of opposition members, while known corrupt persons in the All Progressives Congress (APC) continue to enjoy the official cover of his Presidency.
“He should not forget to confess that his administration has done nothing about the Presidency cabal involved in the alleged stealing of N9 trillion ($25billion dollars) in NNPC and billions of naira National Health Insurance Scheme (NHIS) and Internally Displaced Persons (IDP) intervention funds.”
The PDP, therefore, urged the President not to allow his handlers to mislead him to colour his presentation at CHOGM as such will detract from his integrity as a leader.
“As for us in the repositioned PDP, we will continue to stand with Nigerians in their collective quest to end the APC misrule and return the nation to the path of truth, national cohesion and economic prosperity, come 2019,” the party stated.
In another development The Peoples Democratic Party has berated President Muhammadu Buhari for allegedly insulting Nigerians who criticised the way he handles insurgency as well as governance in the country.
The former ruling party said it was shocking that rather than being responsive to the views of the citizens, the Presidency resorted to abusing Nigerians had put their trust and confidence in the President.
It said those who trusted him three years ago with their votes were lamenting that his administration had failed abysmally.
The spokesperson for the PDP, Mr. Kola Ologbondiyan, said this in a statement in Abuja on Saturday.
Buhari had claimed that herdsmen in the country were trained by the late Libyan leader, Muammah Gadaffi.
Buhari’s media, Mr. Femi Adesina, had also criticised those who paid attention to the problem rather than the solution he said the President proffered in a statement.
Ologbodiyan said, “Rather than offering explanations, the Buhari Presidency, in the All Progressives Congress usual arrogance and disdain, opted to insult Nigerians, including federal legislators as well as the institution of the National Assembly.
“But Nigerians are still demanding answers. If the Buhari administration knew, in the course of the last three years, that the nation has been invaded by forces from outside or even deserters from Libya, why has it continued to admonish Nigerians to learn to live with their neighbours?
“If, in the course of investigations, it (Buhari Presidency) discovered that the insurgents were from outside Nigeria, why is the government reportedly paying ransoms to them and even considering amnesty options?
“Is it part of governance to pay ransom to invaders? These are the questions that Nigerians expect the Buhari Presidency to answer.”
Also, Rivers State Governor, Chief Nyesom Wike says there is no second chance for the All Progressives Congress (APC) against 2019 elections.
Wike during the Rivers South East Senatorial District Rally of the Peoples Democratic Party (PDP) that endorsed him for 2019 on Saturday at Bori urged the people to vote the President Muhammadu Buhari-led federal government out of power.
The Rivers State Governor said the APC has failed in all its electoral promises and should be shown the way out.
“Thousands are dying every day in Benue, Nassarawa and Kogi states. So there is no second chance again for them for more people to die. “
He however said that his administration has fulfilled his promises to the people during his campaign in 2015.
Wike, while accusing the APC led government for failing to fulfill its promises, reminded the Ogonis the failure of the federal government to remediate their environment and plans to site prisons in Ogoniland.
He urged the people of the district to stand up and defend their votes in the upcoming elections emphasising that, “whatever they want we are equal to the task.”
Woke assured the senatorial district that he will not disappoint them, as he continues in his developmental drive in the state.
Meanwhile, Senator Lee Meeba has stated that there was no alternative to Governor Wike in 2019.
“This rally serves as a warning to those looking for governorship from this district,” he said.
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INEC To Unveil New Party Registration Portal As Applications Hit 129

The Independent National Electoral Commission (INEC) has announced that it has now received a total of 129 applications from associations seeking registration as political parties.
The update was provided during the commission’s regular weekly meeting held in Abuja, yesterday.
According to a statement signed by the National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun, seven new applications were submitted within the past week, adding to the previous number.
“At its regular weekly meeting held today, Thursday 10th July 2025, the commission received a further update on additional requests from associations seeking registration as political parties.
“Since last week, seven more applications have been received, bringing the total number so far to 129. All the requests are being processed,” the commission stated.
The commission revealed the introduction of a new digital platform for political party registration. The platform is part of the Party Financial Reporting and Auditing System and aims to streamline the registration process.
Olumekun disclosed that final testing of the portal would be completed within the next week.
“INEC also plans to release comprehensive guidelines to help associations file their applications using the new system.
“Unlike the manual method used in previous registration, the Commission is introducing a political party registration portal, which is a module in our Party Financial Reporting and Auditing System.
“This will make the process faster and seamless. In the next week, the commission will conclude the final testing of the portal before deployment.
“Thereafter, the next step for associations that meet the requirements to proceed to the application stage will be announced. The commission will also issue guidelines to facilitate the filing of applications using the PFRAS,” the statement added.
In the meantime, the list of new associations that have submitted applications has been made available to the public on INEC’s website and other official platforms.
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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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