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Rivers Security Council Relaxes Curfew In Oyigbo

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The Rivers State Security Council has relaxed the 24-hour curfew imposed on the entire Oyigbo Local Government Area of the state following the killing of 10 security operatives by members of proscribed Indigenous Peoples of Biafra (IPOB).
The Rivers State Commissioner for Information and Communications, Pastor Paulinus Nsirim, during a briefing at the Government House, Port Harcourt, yesterday, said the curfew would now take effect from 7pm to 6am beginning from today.
“You will recall that following the killing of six soldiers and four policemen, and the destruction of court buildings by members of Indigenous People of Biafra (IPOB), the Rivers State Government imposed a 24-hour curfew on the entire Oyigbo Local Government Area on October 21, 2020.
“The State Security Council met today and reviewed the situation in Oyigbo, and has, therefore, decided to review the curfew. From tomorrow, Wednesday, November 4, 2020, the curfew will now be from 7pm to 6am until further notice”, he said.
Nsirim explained that during the mayhem that claimed the lives of security agents carrying out their legitimate duties in Oyigbo, 50 AK-47 rifles were carted away.
And as a result of this, he said, security agencies in the area would continue to embark on surveillance and search operations to recover the rifles which are now in the illegal possession of some persons.
The commissioner enjoined residents of Oyigbo and members of the public to cooperate with the security agencies as they go about their lawful business unmolested.
“Let me use this opportunity to let all those living and doing business in the state know that His Excellency, Chief Nyesom Wike, is always committed to implement his social contract with the people; and will protect lives and property, at all times”, he added.
Earlier, the Rivers State Security Council had said it was set to review the situation in Oyigbo Local Government Area after members of the proscribed Indigenous Peoples of Biafra (IPOB) killed 10 security agencies and burnt court buildings.
The Rivers State Governor, Chief Nyesom Wike, who disclosed this, also restated the commitment of his administration to protect lives and property of everybody in the state.
Wike stated this when he met leaders of Igbo, Hausa, Yoruba, and other ethnic nationalities living in the state at Government House, Port Harcourt, last Monday.
The governor dismissed insinuation that he ordered soldiers to kill Igbos in Oyigbo Local Government Area amidst the curfew imposed by the Security Council.
“It is not correct that soldiers are going from house to house to kill. When the IPOB killed the Army officers, they took their guns. It is normal for them to recover those guns. In any case, there are consequences when soldiers are killed. Maybe, they are retaliating in order to rebuild the morale of other soldiers. How can I now have such powers to order soldiers on any operation?
“Now, you carry propaganda that Wike is killing Igbos. They live everywhere in the state. So, am I also killing them elsewhere? No tribe gave us the kind of support Igbos gave to me, but that does not mean we should allow IPOB to destroy the state.”
He explained that the Security Council was compelled to impose curfew in Oyigbo to prevent further loss of life and property.
According to him, there was no way he would order any offensive action against Oyigbo, which is where the chairman of Peoples Democratic Party in the state hails from.
The governor declared that it would be absurd for IPOB to assume the role of speaking for the Igbos when there were credible and outstanding people who can speak for them.
To this end, he warned against allowing IPOB to continue misrepresenting the Igbo ethnic nationality.
“Let IPOB not give Igbos bad name. Any people that allow a criminal to speak for them, that tribe is finished,” he stated.
He charged residents of the state appalled by the nefarious activities of IPOB, to resist the group and whatever it stands for.
Explaining why curfew was imposed in the Ikokwu area of Port Harcourt, the governor said the State Security Council took the decision following intelligence report that Ikokwu was host to a lot of IPOB cells in the state capital.
He described the recent clash between Hausas and Igbos following IPOB instigated attacks against the former as unfortunate.
The governor said that while government was creating conducive environment that would promote business, social and cultural life of residents, they must also learn to live together without causing trouble.
“Any decision we take is for the good of everybody. It is not against any tribe. We have lived peacefully with people from other tribes. So, stop fighting yourselves and creating the impression that there is war here. Don’t also make disagreements between business partners as tribal war. Allow them to settle the matter as businessmen.
“There is need for all of us to live in peace. From today, I don’t want to hear Igbo fighting Hausa. If there is any trouble, there is no need to take laws into your hands. Report the matter to us and we will address it”, he said.
Wike announced the plan of government to rebuild the Slaughter-Oginigba Market in Trans-Amadi Industrial Layout in Port Harcourt, and hand it over to competent people to manage.
He further enjoined cattle rustlers who are breeding cows to stop using them to destroy the farmland of others.
The governor warned operators of illegal motor parks, street and rail line traders in the state to desist or be ready to face the wrath of government.
He also called on the Federal Government to give consideration to lessons learnt from the #EndSARS protests.
“What has happened is a lesson for Nigeria. Don’t under rate the youths. It was a protest by intelligent and professional youths who have suffered enough.
“It is a signal and the youths as graduates are getting restless. Federal Government should ask, how do we use this opportunity to reduce unemployment? My Executive Council has taken action already to employ 5,000 youths,” he added.

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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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