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Poor Performance: Wike Threatens To Sack Task Force On Street Trading …Pledges Support For Indigenes Who Invest In Rivers

The Rivers State Governor, Chief Nyesom Wike, has declared that if the productivity of the Task Force on Street Trading, Illegal Markets and Motor Parks continues to decline, he would dissolve the task force.
Addressing members of the task force at the Government House, Port Harcourt, yesterday evening, Wike regretted that the operatives have compromised in some locations, negatively affecting their performance.
He said that the task force through reduced performance has allowed street traders to return to Mile One, Air Force Junction, Rumuokoro and Agip areas of the state capital.
He, however, praised the team operating in Garrison.
He said: “If the productivity of the task force continues to go down by tomorrow, I will dissolve the task force. We will not tolerate a situation where the progress we have made is reversed”.
Wike warned the operatives of the Task Force on Street Trading, Illegal Markets and Motor Parks against acts of extortion, saying that they must focus on their official responsibility.
He said: “All acts of extortion must stop forthwith. Any operative found wanting in this regard will be sanctioned. There is no reason why you should receive bribes from defaulters”.
The governor said that leaders of non-performing zones must rise up and work hard to ensure that the streets are free from illegal traders and motor parks.
He warned members of the public against physically assaulting operatives of the task force.
The governor noted that going forward; the state government would take measures to protect the operatives from criminal elements.
“From now on, we will change our strategy. We are going to activate communication outlets for immediate response whenever criminal elements attack the operatives. Security operatives will be on ground for rescue operations when the need arises.
“We must show that we are ready to protect the operatives at all times. We are determined to clean up our streets, stop illegal trading and improve all round security”, he said.
Wike said that the task force started excellently, noting that they should not allow themselves to end badly.
He said that if this set fails, they would be shown the way out, and wondered why operatives would be complaining about their monthly allowances when they earn more than some civil servants.
Wike urged them to see their appointments as a privilege to serve the state and build their future.
The governor said it was the same way that some members of the State Executive Council complained that they were not getting anything from the administration, but they are now lobbying extensively to return to government.
He informed that an additional 200 operatives would have their biometrics captured, today, to strengthen the capacity of the task force.
Wike said that his commitment to return Port Harcourt to its Garden City status would not be compromised on any account, and reiterated that Rivers interest was his priority.
Meanwhile, he Rivers State Governor, Chief Nyesom Wike has assured that he would continue to support those who invest in the state with a view to strengthening the economy for the good of Rivers people.
Commissioning Vino Emporium in Port Harcourt, last Friday, Wike said that Rivers indigenes who invest in the state were true lovers of the state and people.
The governor said: “I am here to support Dr Abiye Sekibo for this investment. It gives me pleasure anytime Rivers people invest in the state. These investments generate employment for our people.
“He has supported the economy of the state, instead of standing aloof to de-market the state like others do”.
He explained that Rivers people need to continue investing in the state because even after his constitutionally approved second term, the state will remain constant.
“After my second term, another person will become governor. Rivers State is constant and that is the reason why it should not be de-marketed by any Rivers son or daughter”, he said.
The governor called on Rivers people to patronise the new recreational facility, for it to stabilise and grow.
In his remarks, Imo State Governor, Rt Hon Emeka Ihedioha said his visit to the facility was symbolic as it would cement the relationship between Rivers and Imo states.
He said that his victory during the election was made possible because Wike rescued the PDP and created a platform for Imo people to vote the party into power.
In his response, the Chairman of Vino Emporium, Dr Abiye Sekibo said that he decided to set up the facility because of the “Invest in Rivers” campaign of the governor.
Sekibo said that the facility was the first of its kind in the state.
He said wines in the facility were carefully selected to serve the good people of Rivers State.
The commissioning programme attracted notable personalities from across the country.
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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.”
Featured
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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