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Fire Service Probes Inferno At Treasury House …PDP Demands Forensic Probe Into Incident

Published

5 years ago

April 9, 2020

The Office of the Accountant-General of the Federation, popularly known as “Treasury House” was, yesterday, ravaged by fire which affected the last three floors of the sprawling building. Consequently, the Federal Fire Service (FFS) has announced a probe of the incident, a routine that is often conducted in the aftermath of fire incidents in the country.
Spokesperson of the FFS, Ugo Huan, in a text message to our correspondent, said the investigation was to ascertain the cause of the inferno.
“Fire at the Accountant General’s Office Abuja has been extinguished and investigation will commence immediately to ascertain the cause”, she said.
While the cause of the fire was not immediately known as workers are currently at home observing the sit-at-home order of the Federal Government, it was gathered that a handful of the workers especially at the Integrated Payroll and Personnel Information System (IPPIS) who had to work on salaries of federal workers were mostly still going to the office.
It took a combined team of men of the Federal and FCT Fire Services to bring the fire under control.
Investigations show, however, that there is an ongoing massive rehabilitation work at the premises, a development which has led to the tampering of electrical and other fittings in the complex.
“There is an ongoing work within the complex. The workers normally work day and night and there have been debates about the sources of funding for the rehabilitation.
“The workers on the site had earlier tampered with so many things especially electrical fittings and so without prejudice to what the Fire Service would come up with later, one can assume that the fire may have been caused by an electrical malfunction,” said a security source who was among the first responders when the incident occurred.
The cause of the fire, which started about 10 am, is yet to be known.
It was gathered that as soon as the incident started, men of the Federal Fire Service were alerted to assist in putting out the fire.
They were later joined by officials of the National Emergency Management Agency, the Nigeria Police Force and the Abuja Environmental Protection Board.
The FCT Police Commissioner, Bala Ciroma, who briefed newsmen at the scene of the incident, said an investigation into the cause of the fire had commenced.
He advised motorists to use alternative routes into the area, noting that the Ladoke Akintola Boulevard would be cordoned off during the investigation into the cause of the fire.
Ciroma, who disclosed that parts of the building had been damaged by the incident, said the fire was successfully put out without casualties.
However, the Federal Fire Service put out the fire that gutted the top floors of the Office of the Accountant General of the Federation (Treasury House) Central District Area of the Federal Capital Territory, FCT, Abuja.
The AGF building is located beside the FCT Police Command and the Nigeria Security Printing and Minting Company (NSPMC).
The Fire Federal Service, which was about some 300 metres to the building, according to eye witness account, were able to mobilize their equipment and personnel into the area and brought the situation under control.
The immediate cause of the fire incident could not be ascertained as workers and staff of the Treasury House were observing the restriction order imposed by the government to curtail the spread of Coronavirus in the FCT.
An eye witness said the fire started from the third floor, razing the building upwards before the personnel of the Federal Fire Service came to the rescue.
The Public Relations Officer of the FFS, Sandra Ugo, told journalists that personnel of the FFS arrived on time and were able to put out the fire before much damage was done to the building.
“We have successfully extinguished the fire outbreak at the AGF office,” she said.
Ugo declined to comment on what could have ignited the fire but noted that the good thing is that the incident had been put under control in less than one hour.
Meanwhile, the Peoples Democratic Party (PDP) has demanded a full-scale investigation into the circumstances surrounding the mysterious fire outbreak in critical offices at the Headquarters of the Office of the Accountant-General of the Federation in Abuja, yesterday.
In a statement, the National Publicity Secretary of the People’s Democratic Party (PDP), Kola Ologbondiya, yesterday, accused the President Muhammadu Buhari-led administration of foul play and complicity in the inferno.
Ologbondiya claims the fire is not unconnected with the call for a probe into subsidy payments made by the government since 2015 when Buhari became president.
The statement reads, “The party says an investigation is imperative given apprehensions in the public space regarding the time and the offices involved in the fire outbreak.
“Our party expresses shock that the fire incident came on the heels of our heightened calls for a forensic audit into the hazy oil subsidy regime of the President Muhammadu Buhari-led administration for which trillions of naira is being claimed to have been spent.
“This is in addition to recent demands for an investigation into allegations of fraud and diversion of COVID-19 intervention funds as well as social investments program of the Buhari government since 2015.
“Already, the National Assembly, riding on the gale of demands by Nigerians and championed by the PDP, has raised queries on spending in respect of social incentives program.
“Nigerians are anxious to know those behind this wicked arson because the fire outbreak reportedly occurred on the part of the building which hosts critical offices, including the Treasury Single Account (TSA), Funds, Federation Account Allocation Committee and Revenue Department among others, relevant for the demanded financial inquests.
“Our party therefore calls for immediate investigation to determine the actual cause of the fire, as well as ensure that critical documents and data on government revenue and expenditure are immediately retrieved.
“The PDP also demands that the complex be immediately cordoned off to enable an uncompromised inquest into this ugly incident”.

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

Published

5 days 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

5 days 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.

Featured

17 Million Nigerians Travelled Abroad In One Year -NANTA

Published

2 weeks ago

June 20, 2025

The Tide

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.”