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Move To Unseat Saraki: PDP Senators Threaten Showdown …PDP’II Defeat APC In 2019, Says Saraki

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Senators of the Peoples Democratic Party (PDP), have threatened a showdown with their colleagues of the ruling All Progressives Congress (APC), over the Senate President, Dr Bukola Saraki.
They warned the APC that “they will meet a match in those of us in PDP if they try to foment trouble in the Senate whenever we resume.
“They have made many attempts to subvert this Senate, including stealing of our mace, brutaliszing of members of staff of the Senate, invasion of the Senate complex with hooded and masked security agents, refusal to sign important bills, using security agents and anti-corruption agencies to intimidate members and the leadership as well as initiating malicious prosecution against members.”
This came in a statement jointly made available to newsmen in Abuja by the Chairman, Senate Committee on Navy, Senator Isah Hamma Misau and his counterpart in the Committee on Banking, Insurance and Other Financial Institutions, Senator Rafiu Adebayo Ibrahim.
The duo affirmed that the manner in which the leadership of the All Progressives Congress (APC) left all issues which should get serious attention from the ruling party and focused on attacking Saraki had made the Senate President the issue in Nigerian politics.
The lawmakers also queried whether the APC was being fair to Nigeria by focusing on one individual and making him the subject of all discussions instead of telling Nigerians what the party had done in the last 38 months that it had been in power.
Part of the statement read: “This is the first time in the history of the country that the ruling party will leave the issue of its achievements and start blaming its failure on just one individual, no matter who the individual is. It is also the first time a ruling party will plan to hoodwink Nigerians by saying everything wrong under its watch is due to the action and inaction of one man.
“APC has devoted all the time and knowledge of their national chairman, national leader, publicity Secretary, four senators and two presidential aides to the daily abuse of Saraki, such that it appears as if Saraki is the only politician in Nigeria today. They have made Saraki the issue in Nigerian politics today.
“If these individuals devote the energy they are exerting on Saraki to finding solutions to the security problem, economic crisis and collapse of infrastructure, among them, they will come out with some action plan, except they are only skillful in mischief making.
“We can see through this plot. The plan is to get Saraki so engrossed in the battle for survival in the Senate and the pummelling from the APC cabal such that he will have no time to pursue his aspiration for 2019. However, this is a short time strategy. It will not work. That is why the man remains unfazed by the antics.
“We are surprised that all the decisions that the Senate took as an institution is now blamed on Saraki.
“Are we also going to give the credit of all the achievements of the Senate to Saraki as well? The laws that have been signed by the President and which led to the World Bank improving the rating of Nigeria in the Ease of Doing Business Report, the Petroleum Industry Governance Bills which broke the jinx of over 14 years on the law, the progressive constitution amendment bills, the five anti-corruption laws, and many others, as well as the fact that the 8th Senate has done better than the previous ones in terms of number of bills passed, the petitions successfully treated and the various interventions: will all these be credited to Saraki and not the entire Senate?
“You blame a man for what an institution lawfully did. Is this not dishonest? Senate Leader, Ahmed Lawan, who moved the motion for our adjournment till September 25 and the Minority Leader, Senator Godswill Akpabio who seconded the motion are in APC, yet they kept quiet when all the falsehood are being peddled now that Saraki unilaterally and hurriedly adjourn the Senate.
“These Senators kept quiet about their roles simply because they want to be good boys. When the motion for adjournment was carried by voice vote, no dissenting voice was heard.
“Many people who are grandstanding now do not care how history will record their roles. How can those who play key roles in the Senate now turn round and be blaming everything on one man? Is Saraki now a superman?
“Is he not just one Senator like each and every one of us? Let us play back all the tape records of the Senate proceedings. Which of the decisions that are now being criticized did the APC pretenders in the Senate oppose? Of the 10-man Senate leadership, five of them are in APC. Those who enjoy privileges in the Senate now look the other way when the Presidency is complaining.
“We abide by the principle of collective responsibility. This Eighth Senate under Saraki has done well. It has set a standard that the legislature should not be an appendage of the executive. It is an independent arm of government. Both arms need to extend the hands of fellowship to each other and the duty to work for co-operation does not lie on just one of them”.
Meanwhile, the Senate President, Dr Bukola Saraki, has assured the Peoples Democratic Party (PDP) would defeat President Muhammadu Buhari of the All Progressives Congress (APC) in the 2019 elections.
Saraki, who spoke in Ilorin, the Kwara State capital, during a harmonisation summit for the PDP members and those who recently defected to the party from the APC, added that he was hopeful that the PDP would emerge victorious in the state.
Saraki said, “In 2019, the PDP will produce the President. If we emerge victorious at the federal level, all of us will be the beneficiaries. In the state, with your support, we will win the state too.
“All of you here are the key players in Kwara politics. With the unity of purpose, no party can contest with you. We are here to unite all of us under the party we belong to today.
“I am assuring all members that there will be equity, internal democracy and justice. It is not going to be a winner takes all. As far as I am concerned, everybody here today belongs to our political structure. There is nothing like old or new PDP. We have all become one PDP.
“There is nobody here that will not say, one way or the other; we have not been together before. I am very sure that the future is bigger and brighter than in the past. I want all of us and the development of Kwara State.
“As per the politics of the state, nobody can wrest power from us if we are united. By the grace of God, in the forthcoming elections, we will emerge victorious both at the federal and state levels. We will ensure that we work as one party because we have always worked together before.”
The Senate President said he did not have anointed candidates, adding that there would be transparency and inclusiveness in the choice of candidates for different political offices.
He also said he had not endorsed any candidate and appealed to party leaders not to use his name to impose unpopular politicians as candidates on the party.
He stated that he did not have a candidate for the National Assembly, adding that he and the party members would jointly choose the next governor of the state.
Saraki said, “We will see that all the wards and local governments’ popular candidates emerge based on their popularity and acceptability. I want to emphasise that I don’t have any anointed candidate at any level. I don’t have candidates for the state assembly; it is the person you want in your constituency that I will approve. Don’t allow anybody to deceive you that I have endorsed any candidate.
“I implore party leaders and elders not to drop my name to impose unpopular candidates. I don’t have a candidate for the National Assembly. All of us will collectively choose the next governor. We will ensure that there is no faction but one PDP. We will ensure that meetings in the local government areas take place in one venue. And we will all work together for the interest of the party.
“I want to assure you all that, as far as I am concerned, everybody belongs to one PDP family and there is no favouritism of one man over the other.”
He stated that he was hopeful that many of those who defected from the PDP to the APC when he returned to his PDP would return to the party.
The Senate President said those who defected from the PDP to the APC when he returned left under a wrong assumption. He promised that everybody would have a sense of belonging.
Saraki urged both old and new members of the party to ensure peace and harmony in their wards and local government areas.
The former governor said, “Please, go back home to start the work. I am sure many more will come back and join us because those that left did so under the wrong assumption that it would be different from what it used to be. They were misled that those coming were out to move them away.
“Nobody is moving you away because this place belongs to you too. Let us go back and start work closely together and, by the grace of God, we will all be victorious.”

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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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