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Wrong Path To Change …That Caution From Bishop Kukah

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For the umpteenth time, Nigerian President Muhammadu Buhari told Nigerians that he inherited nothing from the previous administration. That would mean the first few months salaries paid to federal workers upon assumption of office last year were from his pocket or that of his All Progressives Congress (APC) party.
Expanded further, it would also mean that the allocations to the Federal, States and Local Government areas also came from same source. The same may also be true, if you may, of the funding of the first few foreign trips by Mr President, where, he took the vilification of his predecessor to annoying international heights.
If the President is to be believed, it would also be trithe to conclude that the proceeds from the Nigerian Liquefied Natural Gas (NLNG) Tax holiday, by which some bail-out went to States, were not inherited from the administration of President Goodluck Ebele Jonathan.
But such was the extent of demonisation the Buhari-led APC government unleashed on a man whose political maturity saved the country from bloodbath, even disintegration. In vilifying his predecessor, Buhari did not spare the country which fluctuating fortunes he was elected to address.
What he did not consider was that due to the extent of his magnification of corruption, no sane foreign investor would deal with the Nigerian economy even with a long spoon. Those whose investments made Nigeria Africa’s largest economy even reconsidered their preferences and moved their investments elsewhere.
Where are we now? From N87 a litre which fuel sold before Buhari’s inauguration, the commodity is pegged officially at N145 and between N150 and N170 in the informal market. And with a likelihood of further hike, although government sources denied it.
This is the government of a party that promised to fix all the nation’s ailing refineries and stop the importation of refined petroleum products. That indeed is the government of a party that promised to establish new refineries.
On Monday, March 23, 2015, then APC Presidential candidate, Buhari told a rally in Owerri, ‘I’ll make Naira equal in value to the Dollar. What do we have today? More than N400 to the dollar, inflation at its all-time high and prices of goods and services beyond the reach of the common man.
With schools soon to re-open, there is the clear possibility of many students and wards remaining at home due to inability to pay fees. Civil servants are groaning just as job seekers, but nothing has changed from the lifestyle of the present administrators. In the midst of recession, wages of lawmakers and members of the Federal Executive Council remain the same.
The regular renovation of Aso Rock Villa with funds running into billions was not expunged from the 2016 budget just as the situation has not discouraged avoidable foreign trips in this time of global communication and viable embassies across the globe.
The display of vain wealth and opulence among elected and appointed federal officials has not changed. The prospensity to acquire choice automobities, neither.
Yet, the blame game continues. Virtually every failure of the administration is blamed on others except the government in power. But that was not why Nigerians voted them into power.
Yet, nearly two years into a four-year tenure, the blame game still will not abate, it gets even more fierce, sounding almost like a broken record.
That is why the recent caution by the Catholic Bishop of Sokoto, Matthew Kukah to President Buhari seems very timely. Apparently inundated with the endless complaints and blames heaped on the Jonathan administration, Kukah urged Buhari to stop complaining about the past and give fresh direction to true governance. Kukah said if the only thing Buhari would continue to do is to complain about the past, then, he has no reason heading a government.
According to the fiery Bishop, most Nigerians agreed with the Buhari-led APC that a lot was wrong that needed to be fixed and that its Presidential candidate Buhari had the magic wand to effect the needed change, which were why the party was elected, with President Buhari as armour bearer.
Buhari and his party were not elected to lament over the same problems Nigerians elected them to solve.
If what they have done, thus far, is the best they can offer- an endless blame game, with no extra effort to build the new, as Socrates enthused, then they have no business remaining in power.
Kukah is right. Nigeria is going through very challenging times. It is indeed a period when the people expect their President to speak to them from the heart, only as Buhari should, without any recourse to the demands of flowery romanticism in speech making.
The ‘Change Begins With Me’ campaign indeed offered an opportunity for the Nigerian President to pour out his soul to the people. He was expected to be original, frank, truthful and indeed empathising. He did not require enchanting prose to convince Nigerians of the need for attitudinal change.
But no thanks to Presidency’s speech writers, the President is now on the global news frontiers for the wrong reasons. Part of the speech Buhari gave to push Nigerians to jettison their old ways for new and better ones, was copied from a speech once made by US President Barack Obama.
It is called plagiarism.
This is the only flaw not yet blamed on the Jonathan administration by presidential aides. Even the campaign itself is now being said to be somebody else’s intellectual property, not credited but high-jacked. Although Information and Culture Ministry has denied the claim, the social media is awash with demeaning comments, on the subject, with a threat to weaken, the campaign’s punch.
How can such campaign succeed and usher the expected change? This is very unlike the Tunde Idiagbon-inspired War Against Indiscipline (WAI) which was made effective not by flowery speeches, but by straight-from-the heart talk and social engineering.
Now perhaps is when to remind the APC –led government that most of its promises that resulted in electoral victory remain unfulfilled. That the government has proven to be worse than its predecessor and that unless something meaningful is done to address the situation, Nigerians may, demonstrate their regrets same way they demonstrated their resolve to elect the party into power.
Interestingly, each time this suggestion is made, the government at the centre resorts to personal attacks rather than explain otherwise.
The noble path to change is not to blame all woes on others except themselves and embark on near endless vilification of others – the old. The secret of change is about building something new. Something different from the old.
That is what Nigerians are yet to see. And what Nigerians are eager to see. Continuous blames on the Jonathan administration has become a hardsell and should be done away with. And only something truly, truly positive and new can do that.
My Agony is that most of those from whom Nigerians expect change are used and recycled politicians with one true agenda – Be politically relevant and line their pockets, endlessly. No change can come from such people, because none can give what he lacks.

 

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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