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Rivers Agog As Wike Returns With ‘Power Of Sports’ Award …Gov Stops Over At Project Sites …Again Warns Against Street Trading …NUJ Hails Gov On Award

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Rivers people yesterday trooped to the Port Harcourt International Airport, Omagwa to celebrate Rivers State Governor, Chief Nyesom Wike as he returned with the “Power of Sports” Award.
The International Sports Press Association-Africa (AIPS) Africa had conferred the Power of Sports Award in a ceremony last Wednesday in Belgium witnessed by sports journalists from 108 countries.
Accompanied by his wife, Justice Eberechi Suzzette Nyesom-Wike and Rivers State PDP Chairman, Bro Felix Obuah, Wike returned to the love and support of Rivers people who sang his praises for doing the state proud.
Defying the heavy rains, Rivers people declared their unflinching support for the governor in his commitment to change the fortunes of the state.
Wike said that the award would only spur him to further dedicate himself to the construction of a New Rivers State, adding that investments of his administration would earn the state global acclaim.
He reiterated that the state’s investments in sports, especially the Real Madrid Football Academy was to empower youth with the right footballing skills and education to conquer the world.
The construction of the Real Madrid Football Academy would be flagged off on May 28, 2018 in an international event in Port Harcourt.
Wike said: “I wish to reiterate our resolve to continue to tap the benefits of sport to advance social cohesion, peace and progress in Rivers State.”
Chief of Staff to the Rivers State Governor, Engr Emeka Woke, who welcomed the Rivers State governor alongside other Rivers people, said that the state has transformed into an international reference point because of the outstanding developmental strides of the Governor.
Meanwhile, Governor Wike on his return from Brussel yesterday appealed to street traders to desist from displaying their wares on major roads.
Governor Wike also described as unfortunate the attack of Government Officials restoring sanity on the roads by hoodlums at the Slaughter Market in Port Harcourt. .
He gave the management of the market two days to produce the hoodlums or face sanctions.
He said that nobody will be allowed to disrupt the development process of the state, under any guise.
The govenor spoke with the traders during his inspection visits to project sites on Thursday after returning Brussels where he was honoured with the Power of Sports Award by the International Sports Press Association Africa.
He said that apart from the fact that the traders damage portions of the roads recently constructed and deface the roads, street trading poses danger to the traders who are susceptible to accidents.
He urged the traders to move into different markets across Port Harcourt and Obio/Akpor Local Government Areas constructed for business activities.
He said: “Please don’t trade on the streets. What you are doing damage and deface the roads. My plea is that you go into the markets for your safety and the aesthetics of the city.”
Governor Wike said that the state government will take sustained measures to check illegal street trading, hence his personal involvement with the sensitization of traders.
He added that the meshed wires fences are beings installed on roads in areas prone to street trading to keep the traders off the roads.
“As we are working on these roads, everyone is happy. We will not allow street traders destroy the beauty of the city”, he said.
During the inspection yesterday, Governor Wike visited National Industrial Court, Mother and Child Hospital, Restaurants and Cinema, Port Harcourt Pleasure Park, Court of Appeal, Port Harcourt, Judges Quarters, Slaughter Road, Reconstruction of Government Offices at Mile One Fly Over,Traditional Rulers Secretariat, Land Reclamation at Ogbunabali/Nkpogu, Oil Mill-Elelenwo-Akpajo Road, Abacha Road, Mgboshimini Primary Health Care , Doctors Quarters among other projects.
Governor Wike said that intense projects inspection will continue ahead of the third year anniversary.
Majority of the projects visited by Governor Wike will be commissioned during the administration’s third year anniversary.
Governor Wike expressed satisfaction with the quality of work done at the project sites, emphasising that the joy of Rivers people at the execution of projects is a motivation.
In a related development, the Rivers State Council of the Nigeria Union of Journalists (NUJ) has congratulated the state Governor, Chief Nyesom Wike on the conferment of Africa ‘Power of Sports’ award on him by the International Sports Press Association (AIPS) in Brussels, Belgium.
The NUJ, in a statement signed by its Acting Chairman, Uche Agbam and Acting Secretary, Anayo Onukwugha, described the award as well deserved, considering the governor’s contributions to the development of sports in Nigeria, and Africa in general.
The union said the recent hosting of the African Wrestling Championship in Port Harcourt as well as the renovation of the Alfred Diete-Spiff Sports Complex were some of the feats achieved by the governor in the area of sports development.
“We are not surprised that AIPS conferred this revered award on Governor Nyesom Wike. The governor is the first African to be conferred with the ‘Power of Sports’ award. We believe that the governor’s immense contributions to sports development in Nigeria, and Africa in general, attracted the award.
“Recently, Rivers State hosted the whole of Africa in the African Wrestling Championship. Also, the renovation of the Alfred Diete-Spiff Sports Complex is another eloquent testimony of Governor Wike’s commitment to the development of sports,” the union added.
Meanwhile, the international sports journalists, last Wednesday, in Brussels, Belgium, honoured Rivers State Governor, Chief Nyesom Wike with the ‘Power of Sports’ award.
He was nominated by the International Sports Press Association (AIPS), Africa.
Witnessed by sports personalities and journalists from across the globe, the award to the governor was for his remarkable fidelity in raising the bar of sports matters and using sports as a catalyst for development.
The event took place at Le Plaza, Brussels and the presentation of the award was performed by the President, AIPS, Mr Gianni Merlo and President, AIPS Africa, Mr Mitchell Obi in the presence distinguished sports journalists from 108 countries.
Presenting the award to the Rivers State governor, President AIPS Africa, Mitchell Obi said Wike was being recognised for the use of sports as a tool to effectively engage the youth population in the continent.
He urged Wike to sustain his commitment to sports development as more youth would be empowered in the state.

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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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