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Cancel Edo Polls Results …Four Parties Demand Of INEC …Accuse Electoral Umpire Of Bias

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The Chairman of the Inter-party Advisory Council (IPAC), Mr Frank Ukonga, who contested the Edo State governorship election on the platform of the New Nigeria Peoples Party (NNPP), and three other candidates in last Wednesday’s election have called for the cancellation of the results declared by Independent National Electoral Commission (INEC).
The NNPP candidate, the Advanced Congress of Democrats (ACD) candidate, Mr Andrew Igwemoh, the candidate of the Social Democratic Party (SDP), Dr Omorogieva Gbajumo, and Kowa Party candidate, Mr Thompson Osadolor, said INEC falsified the results to favour the All Progressives Congress (APC) candidate, Godwin Obaseki.
The candidates, who vowed to continue in their advocacy for the cancellation of the election so that the will of Edo people will be upheld, argued that it was the only way to sustain democracy in the country.
It would be recalled that Godwin Obaseki of the APC was declared governor-elect of the state, last Thursday, after he garnered 319,483 votes as against the 253,173 votes polled by Osagie Ize-Iyamu of the Peoples Democratic Party (PDP).
At a press conference in Benin City at the weekend, Ukonga insisted that the figures INEC declared and displayed on national television were at complete variance with those which their agents and observers obtained from the polling units across the state.
He said, “The results that INEC made public do not tally with what most, if not all, our agents came back home with. We are calling for the cancellation of the entire election because INEC gave APC the PDP votes.”
Also speaking, Gbajumo said, “Nigerians are wondering how INEC came up with about 66, 000 missing votes, whereas voters voted as soon as they were accredited.
“It is clear that the votes declared by INEC are not correct. Even parties which were not on the ballot were allocated some votes by the electoral umpire, which shows that something does not add up,” the SDP candidate added.
On his part, the Kowa Party candidate, Osadolor said that, no voter went home after being accredited to vote adding that there was generally peaceful election across the state.
Osadolor insisted that INEC had no business voiding votes, adding that, “It is a shame on INEC, and it should do the needful by ensuring that the voice of Edo people which was loud and clear on September 28, is reflected by declaring the true results of the elections.”
The Advanced Congress of Democrats (ACD) candidate, Igwemoh, said, there were glaring errors in the figures computed by INEC in an election that was marred by open exchange of money between party agents and the voters.
“I am calling for the cancellation of the results, especially those of Etsako West Local Government because what transpired on the field is not what INEC made public. The mathematical errors are too obvious to be ignored,” Igwemoh argued.
However, the National Conscience Party (NCP) candidate in the September 28 Edo governorship election, Pastor Peters Omoragbon, has said that the flaws committed during the election were not strong enough to cancel the exercise.
He said this in an interview with newsmen in Lagos, yesterday.
Omoragbon said the Edo election was one of the best conducted so far in the country.
He added that those calling for its cancellation were doing so in bad faith.
Omoragbon noted that, “the September 28 Edo governorship election is one of the best done so far in Nigeria. The exercise was devoid of killings and fighting.
“We have witnessed other elections, including common local government election in some states where people were killed or kidnapped. No single soul was lost in the Edo election, and I think that was great.
“During campaigns and the election, I and my supporters did not receive any threat from other party members.
“There were some flaws though, but not strong enough to cancel the election. I give INEC 96 per cent for performance. Those calling for cancellation are doing so because they lost.
“If APC had lost the election, they will cry foul also, and call for cancellation. I and my supporters were on ground, the election was free and fair,” the NCP candidate argued.
Omoragbon then, congratulated the Governor-elect, Mr Godwin Obaseki, and urged him to form an all-inclusive government with the best Edolites from all groups.
The NCP candidate advised Obaseki against the winner takes all syndrome, stressing that he was elected by Edo people, and not his political party.
“Obaseki has won the election, he should carry out all his campaign promises. His victory is for Edo people,” he said.
He added that the Edo election came in as a role model for other states, and urged losers to join hands in building the state.
“Any aggrieved person should go to court. Election to serve the people should not be a do or die affair.
“Political party in power should encourage their members in authority to give dividends of democracy to the electorate.”
Corroborating Omoragbon on the election in a separate interview, the National Chairman of NCP, Malam Yunusa Tanko, said the party was satisfied with the conduct of the election.
Tanko said they were happy as the exercise was crises-free, stressing that the party had accepted the result of the election.
“There was orderliness in Edo governorship election. For us in NCP, we are satisfied with the outcome of the election.
“I commend INEC for a job well done. I give them 85 per cent for their performance. I know they can improve on this in other elections coming up.”
The NCP chairman also congratulated Obaseki for the victory, and urged him to improve on the lives of Edo people by avoiding anti-people policies.

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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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