Featured

Wike Congratulates Buhari, Why Not?

Published

6 years ago

September 16, 2019

To the range of stories twisted out of context and rendered in a scurrilous form to injure the reputation of the Rivers State Governor, Chief Nyesom Wike, has been added that of his congratulatory message to President Muhamadu Buhari, over the latter’s victory at the Presidential Electoral Petitions Tribunal (PEPT).In the wake of the tribunal’s verdict which dismisses the petition of Abubakar Atiku of the PDP challenging the election of Buhari as President of the country during the February 2019 polls, congratulatory messages flowed to the President from several quarters- most of such coming from stakeholders in his party, the APC. It was in this ambience that Wike also sent his own goodwill message to Buhari- only for his traducers to go to town with venom-laced diatribes against the Rivers State governor. The plank on which the query for congratulating Buhari rested was the different political parties they belonged to. Buhari is of the APC while Wike is of the PDP. In the cauldron of Nigerian politics, elements in opposing political parties are expected to be not only in mortal rivalry but acrimony and even enmity with each other.
Remarkably, Wike‘s response to such attacks featured his characteristic down to earth common sense trivialisation, which often reduces their intended impact to nothing more than the burst of a soap bubble. Hence, to the question of why he congratulated Buhari, Wike argued that politics is a game of interests and that he only acted as it is traditional to give due compliments to a victor in a court battle. This is just as he called on the President to be more altruistic in administering the country – especially in carrying all of its parts along. Where then is the sin in that attitude, one may ask?
Against the backdrop of the flood of misgivings over the verdict by the PEPT, it is trite to observe that many Nigerians would wish the dispensation would simply go away like a bad dream. While the camp of the petitioner, Atiku Abubakar had gone to bed thinking that it had a watertight case, that would reverse the result of the polls and bring their principal to power, they only woke up to be confronted with a judicial outcome that proved unpalatable. As many in the PDP fold rose up in a band wagon pattern to condemn the development, others of the same political persuasion and were more discerning, went beyond the simplistic discredit of the situation to address themselves to the way forward. In the context of the way forward lies the need to de-escalate political tensions and acrimony, which tallies with Wike’s response to Buhari’s victory.
Seen from a detached angle, there are many reasons why a governor that knows his onions needs to congratulate the President over such a judicial outcome which perhaps constitutes the most significant challenge to the President’s tenure in office, difference in party affiliations notwithstanding. Firstly, it demonstrates the governor’s abhorrence for politics with bitterness, since as Wike had clarified earlier that balancing of interests defines the rhythm of political games. What would happen if the governor indulges in the pettiness of keeping malice with President Buhari and two of them meet at any of the statutory fora for leaders of the country? Hence, the wisdom in the cliché that there are no permanent enemies in politics but permanent interests.
Secondly, in the light of the unmistakable anti-Wike crusade in the APC hierarchy both at the Rivers State and national levels, as well as even the Presidency, who knows how much denigration has been visited on his person,and which may be associated with the serial denial of the state of even the statutory refund of funds it spent on federal government projects. This is even with the representation of the state at the highest level of the Federal Government by no less a person than the Minister of Transportation, Chibuike Amaechi whose considerable clout in the ruling APC is not in doubt. It is public knowledge that the Minister’s personal disposition of acrimony towards Wike has a lot to do with the deprivations of the state, of several dividends from the federal government.
From all indications, the latest anti-Wike diatribe is coming as part of a stream of coordinated salvoes in an agenda of deconstruction which the sponsors are groping for any opportunity to cash in on. Expectedly, therefore, more of such may be coming as the grouse of the detractors may not have been assuaged. In fact, there is every reason to expect that failure of past efforts to deconstruct Wike, may rather embolden these agents of mischief and launch them into more desperate activities.
This is where the spate of venom -attacks on perceived political foes that hardly address issues of development in Nigeria, constitute the demon that needs to be collectively addressed by all well-meaning Nigerians, given their potential to disrupt the processes of governance, by distracting public officials who may be bothered by their virulence. This is also where the typical response by Wike to such salvoes remains eminently elegant as it portrays a man that maintains his cool in the face of provocations.
By the way, beyond level-headedness and calm in the face of storms, where else lies the inner strength of true leadership?

Monima Daminabo

Featured

INEC To Unveil New Party Registration Portal As Applications Hit 129

Published

4 days ago

July 11, 2025

The Tide

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.

Featured

Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business

Published

3 weeks ago

June 27, 2025

The Tide

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.”

Featured

Senate Issues 10-Day Ultimatum As NNPCL Dodges ?210trn Audit Hearing

Published

3 weeks ago

June 27, 2025

The Tide

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.