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2021 Dev Agenda’ll Address Citizens’ Needs, Economy, Infrastructure -Wike …Ban On Illegal Motor Parks, Street Trading, Illegal Mechanic Shops Takes Effect, Jan 4
The Rivers State Governor, Chief Nyesom Wike, has pledged the resolve of his administration to create a more robust business environment that will stimulate economic growth, empowerment and create tangible jobs for Rivers people in 2021.
In his New Year broadcast to Rivers people, yesterday, Wike said that having laid the development foundation for the state, efforts shall be concerted in 2021 in building Rivers State into the desired dream.
According to the governor, his administration’s agenda for the state has been clear from the beginning, with pragmatic approach adopted in addressing the critical concerns of the people.
Such concerns, he said, had included the sustenance of peace and security, education, affordable healthcare, fixing the infrastructural deficit and driving better economic growth, and social progress for the state.
“Today, we express our gratitude to God and our people not only for the opportunity to serve but also for the achievements we have recorded, which now forms the foundations for our drive towards greater levels of development, economic growth, better life and secured future for our people.
“But, we also concede to the fact that there’s much more to be done to realize the Rivers State of our dreams: a progressive state with fabulous infrastructures, quality education, affordable healthcare and boundless economic opportunities for all who live in it.
“We will, therefore, continue in 2021 to focus on the fundamental task of creating a new Rivers State through prudent, efficient and transparent management of available resources.
“Essentially, we shall continue to upgrade and expand educational infrastructure and services across all levels of the education system.
“There is no better guarantee for the future progress of our state and the nation than to ensure that every child has the realistic access to the transformational light of education and skills acquisition.
“We shall also continue to prioritize healthcare delivery and ensure that everyone has access to affordable primary, secondary and tertiary healthcare services.”
The governor noted that 2020 was a challenging year, made worse by a mismanaged national economy in recession, corona virus pandemic, escalated insecurity, corruption and socio-political tensions.
He said these made life horrible for millions of struggling families and ordinary Nigerians in the face of dwindling revenues, rising inflation, poverty and unemployment.
Nevertheless, he said the state reasonably advanced her development agenda and efforts at building a financially responsible and socially equitable state.
“Accordingly, 2020 also proved to be a very busy and eventful year for our state, especially in project execution and delivery of social services to our people.
“As customary, we initiated and completed a record number of development projects with tremendous socio-economic impact while several others, including the multi-billion Naira flyovers, received reasonable funding and construction attention in 2020.”
Wike also announced the line up of some completed projects billed for inauguration beginning from the 4th of January, 2021, which include the Mother and Child Hospital and the Real Madrid Academy new buildings, as well as the Okoro-Nu-Odo flyover.
Others, according to him, are the Sakpenwa – Bori dual carriage way, the Abonnema Ring Road, the 10-kilometre Bolo internal roads, and the Eteo – Sime – Nowan – Kira road.
“We also wish to restate our commitment to recruit 5,000 youths into the state’s public service in 2021 to reduce the unemployment rate and give the beneficiaries a new ease of life.”
The governor noted that there was a second wave of the Coronavirus experienced in the state, and issued a warning to those who continue to disregard adherence to Covid-19 protocols of the danger they cause other law-abiding residents.
“It is necessary to remind everyone of our responsibility to adhere strictly to the existing protocols on compulsory wearing of face masks, maintenance of social distancing, avoiding large gatherings and the regular use of hand sanitizers so that we can reasonably prevent the rate of transmission and avoid needless deaths from the disease”.
The governor expressed government’s dismay with the continuing flouting of the ban on trading, the creation of illegal motor parks, taxi ranks and mechanic workplaces as well as the erection of illegal kiosks along the streets and other public spaces.
“Apart from constituting public nuisance, these activities and structures obstruct traffic flow and pose serious threats to public safety and security to the extent no responsible government can tolerate.
“With the grace period over therefore, we have no other option than to order immediate clampdown and put a final stop to these illegal operations from January 4, 2021”, Wike added.
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.”
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.
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.”