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That Alarm By Gov Wike …Why Police, INEC Must Act

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No sane Nigerian can dispute the fact that the country is facing tough times. Times, so challenging, nothing short of financial discipline, political tolerance, prudent management of scarce resources and indeed selfless service are required of those the people look upon to offer leadership.
It is a period that demands optimum protection and maintenance of existing infrastructure, build capacity and inspire the people to give of their best in hope that the period will merely be a phase that would soon be history.
These indeed are times when governments and the people alike must unite in fight against unnecessary controversies likely to cause insecurity, strife and indeed further destruction of an already creeping economy.
Last week, Nigeria’s Finance Minister Kemi Adeosun said the dark days are over. But no Nigerian that patronises the market place would share same sentiment, for, it amounts to telling a blind man that there is salt in his soup, when there is none.
Truth is, many states cannot pay workers’ salaries. More than a bunch is in arrears of close to eight months, while others who manage to meet their obligations to their workforce do so at great pains and at the expense of other competing needs, like the much required infrastructural update necessary to attract investments and boost internal revenue generation.
These indeed are times when, even the Federal Government borrows to pay its staff, with doubts hanging around the full implementation of the 2016 budget. With the free fall of the Naira against other major currencies, a virtually dead manufacturing sector and with inflation rate hitting an all time 17 per cent high, it should dawn on all that all is not well.
At times like this, to allow any form of insecurity, protestations and violent conflicts would be putting salt upon injury. It indeed would be a perilous voyage to encourage any miscarriage of justice or promotion of partisanship that would push those denied justice seek alternative reliefs.
This is because such can threaten security and ultimately breed insecurity. Where such insecurity holds way, where crime blossoms where injustice reins, where lawlessness replaces rule of law and where impunity takes the place of order, all other positive efforts take back seat. Investors are threatened, and the local economy at the risk of getting stalled.
These are why none should venture any action or inaction capable of engineering chaos, crisis, insecurity and strife. These indeed are why the concerns recently expressed by Rivers State Governor Nyesom Wike concerning, ‘flawed’ police postings and ‘glaring efforts’ by the Independent National Electoral Commission (INEC) to rig the forthcoming re-run elections in Rivers State, must be addressed and fast too, to prevent the agitated from seeking alternative reliefs.
Last week, the governor pointedly accused the National Chairman of INEC, Professor Mahmud Yakubu of moves to scuttle credible re-run elections in the state by holding secret meetings with the state’s All Progressives Congress, with APC Chairman, Chief Davies Ikanya, Senator Magnus Abe and others on July 19, this year. According to the Governor, the INEC boss might have concluded plans to postpone the July 30 elections over fears of defeat expressed by the APC leadership, or rig the elections in favour of the APC.
Wondering why anyone would be happy to destroy Rivers State just because he or she wants to satisfy the politician who funded APC national elections through Rivers resources, the governor lamented:
“They are frustrating elections in Rivers State because of one man who sponsored APC. They have posted electoral officers from APC states to rig elections and they want to accede to the request of the Rivers APC to post out the Resident Electoral Commissioner.
“But the truth is that nobody can rig elections in Rivers State. The INEC Chairman only has the power to postpone elections but he has no power to rig elections here.
“As I speak to you, 7.30 to 8pm, on 19th of July, 2016, the APC Chairman, Davies Ikanya, Senator Magnus Abe and others, were with the National Chairman in his office.
“Rivers State is key to development of this country. Will they continue to deny us representation at the Senate and majority of the constituencies of the House of Representatives?”
These are serious concerns. Even more worrisome is the alarm raised by the governor over recent postings in the Police Command, which he described as politicized.
According to Governor Wike, the new Inspector General of Police (IGP) recently posted Mr. Akin Fakorede, a Police officer formerly in-charge of the state’s Special Anti-Robbery Squad and who allegedly distributed fake SARS uniforms to APC thugs during the March 19, re-run elections leading to the death of several innocent Rivers people. He also accused the same officer of embezzling N18 million meant for the rehabilitation of armoured personnel carrier before he fled the state, after the last re-run.
Governor Wike also accused the IGP of posting back to the state, one Mustapha who ran away from the state after giving false testimony at the Governorship Elections Petitions Tribunal. According to the governor, that ‘APC Witness’ has now been posted to head MOPOL 56 in Bori, one of the battle-ground locations, in the July 30, rerun elections.
He added that the Police High Command also reposted to the state, one Stephen Asin, an officer formerly in charge of the Special Anti-Robbery Squad, after same officer had allegedly declared publicly that he would destroy the security network in the state. That Asin, the governor alerted, is now to head the Police Operations Department in the state.
The governor said, ‘my interest is for the security of the state to be sustained. We are enjoying relative security in the state and I will not fold my arms and allow anyone destroy the security of the state through the posting of politicians who hide under Police uniforms’, he said.
These are serious accustations that ought to attract the urgent response of both the Police High Command and INEC. This is because one wants to resist the temptation of rushing to the natural conclusion that silence means acceptance. In this case, acceptance of the governor’s concerns as true in every material particular. Even so, I pray am wrong.
This is because, one of the greatest incentives to strife and conflict, is the attempt to impose one’s ambition on others, even when as one time United States President Abraham Lincoln once warned, ‘no one is good enough to lead another man without that other’s consent.’ The crises that characterised the elections in Bayelsa State last year, where, several lost their lives, is traceable to same conflict of interest.
Delta State is now boiling on account of renewed insurgency by a new group of militants, Bayelsa sleeps with only one eye closed, Cross River is facing challenges of criminal gangs. To push Rivers State into any form of disturbance would not be in the interest of the country, and its economy.
While one is reluctant to agree with the governor that APC leaders’ meeting with the INEC Chairman is wrong. What is wrong is the INEC chair’s refusal to grant same audience to the PDP leadership or even return the governor’s call, just as didn’t the new IGP.
Also curious is the timing of the postings and the calibre and character of those involved. The choice of officers, obviously APC-friendly, if records of the last Governorship Petitions Tribunal are any leads to go by; indeed raises eyebrows and portend a special assignment. Such job cannot be apolitical, unless INEC and the Police convince the people otherwise.
INEC in particular, must realise that once the populace loses confidence in its impartiality, it shall brew discontent which in turn gives birth to resistance. Such resistance very often rises up to become civil, even militant disobedience. As supposed umpire, INEC must resist the temptation to support one party against another or one candidate against the other.
Such would, without doubt, heat-up the polity; incite the civil populace against the institution and by extension government, a volatile scenario none should wish for. And not of all places, Rivers.
Rivers is a very strong factor in the economic equation of the country. Its peace should not be sacrificed on the altar of political compensation. The people should instead be allowed to vote according to their conscience and let the people alone determine who represents them.
In spite of what Abuja politicians may wish to accept, Rivers State has enjoyed relative peace and progress. That is why it has become a destination of choice for frontline professional bodies to hold their conferences in the state. The Nigeria Bar Association (NBA) and the Nigeria Guild of Editors (NGE) are merely two of such bodies that consider Rivers as peaceful.
This should not be sacrificed for the likely desire of a group to win the elections by hook or crook, through armed Policemen and soldiers and through fake election results. These can only elicit protests, even violence which scope and consequence cannot be predicted.
My Agony is that some politicians in Abuja still believe that election results written in hotel rooms can be declared, unpopular candidates can be made popular overnight and that elections can be rigged in Rivers State.
In my over 33 years in the business of minding others business, I have come to the conclusion that politicians can only rig successfully, where, they enjoy, at least a marginal majority of the electorate. To attempt to rig when the opposite is true, is to replay the Bayelsa governorship elections debacle. Not at these tough times, please.

 

Soye Wilson Jamabo

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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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