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Nigeria Collapsing Under Buhari -Ohanaeze …No Going Back On Restructuring, Southern, Middle-Belt Leaders Declare

President General of the apex Igbo socio-cultural organisatioon, Ohanaeze Ndigbo Chief John Nnia Nwodo, has likened Nigeria to a jungle facing imminent collapse under the current government of President Muhammadu Buhari.
According to him, Nigeria currently does not represent the wishes and aspirations of the people.
Nwodo told newsmen that the country must be restructured, saying that the Council of State has arrogated to itself the power of the legislature.
“Now, this is our plight; does it mean that our security forces cannot infiltrate the Boko Haram? All over the world, that is the essence of intelligence. Enter the organisation with your own informant within the organisation”, he said.
“Does it mean they don’t? Does it mean the $1 billion is going nowhere? Now, the Council of State has arrogated to itself the legislative organ. The other day, they budgeted $1 billion to give to states that are prepared to give grazing colonies. This is the rule of the jungle and the country is collapsing.”
Nwodo also bemoaned the poor security situation of the country, which led to the recent abduction of some girls from Dapchi, Yobe State.
“The porosity of the security in Nigeria leaves one with a lot of disgust that I am beginning to wonder whether there is not something behind all of this.
“Boko Haram has sought for ransom before and they were given ransom; so soon after the children have been kidnapped, somebody who calls herself Mama Boko Haram said she was now being contacted.
“When you give them this money, they will use it to re-arm themselves and they will use it, come back and kill more of our troops. Is government part of Boko Haram?”, Nwodo quipped rhetorically.
Meanwhile, leaders from the three geopolitical zones in the Southern part of the country and the North-Central, last Saturday, vowed to remain resolute over their demand for the restructuring of the country.
At a mega rally held in Yenagoa, the Bayelsa State capital, they declared that no amount of intimidation blackmail and killings could deter them in their quest for a country that is based on equity, fairness and justice.
Host Governor, Seriake Dickson, joined the coalition of leaders to reiterate his call on the Federal Government to restructure the country before the 2019 general election.
Dickson, who spoke at the South-South mega rally with the theme: “Restructuring the Nigerian Federation, noted that, only restructuring would guarantee the development, unity and peaceful coexistence of the country.
Dickson, who emphasised the need for consensus building to foster better understanding on the issue and convince opponents of restructuring, pointed out that no amount of military intimidation, blackmail and wanton killings would suppress the agitations for resource control, environmental justice, equity and proper federalism generally.
While commending the All Progressives Congress (APC) for setting up the el-Rufai Committee on restructuring, Dickson, however, called for sincerity of purpose by synchronising areas of divergent views, push President Muhammadu Buhari to sponsor executive bill to the National Assembly for debate and passage by the National Assembly.
In his remarks, the special guest of honour and former President Goodluck Jonathan, urged Nigerians to closely study the recommendations of the 2014 National Conference, with a view to finding a common ground in resolving issues agitating the people.
Represented by Senator Nimi Barigha Amange, Jonathan said the call for restructuring was not misplaced, as it would go a long way in addressing the structural challenges of the country and ensure equal rights to all Nigerians.
Chairman on the occasion, Chief Albert Horsfall, urged the people to be positive and united in the struggle for resource control.
Also, the co-chairman of the Central Planning Committee, Professor Godini Darah, who described the event as a festival of unity and restoration of federalism in Nigeria, said the rally was a follow-up to an earlier one organised by the South-West in Ibadan last year.
On his part, the national leader of Pan-Niger Delta Forum (PANDEF), Chief Edwin Clark, posited that the constituent parts of the federation would do better in terms of development, if they were empowered to control and manage their resources.
Going down memory lane, leader of the Afenifere delegation, Chief Ayo Adebanjo, noted that what is today known as, the struggle for resource control was started by the sage, Chief Obafemi Awolowo, who made a strong case for the Minorities in the 1954 London Constitutional Conference.
Presenting the position of Ohanaeze Ndigbo, Chief John Nwodo, said the mass movement for restructuring was aimed at restoring the stolen sovereignty of the people from oppressive and undemocratic forces for the common good of the country.
Dr. Bala Takaya, of the Middle-Belt, also called on youths and the womenfolk to join in the task of taking back the country from the precipice.
While stressing that the Middle Belt was in the vanguard for the call for true federalism through restructuring, he said only true federalism would give a sense of belonging to all ethnic nationalities in the country and stop the ongoing ethnic cleansing across the country.
Others at the rally were a former Secretary to the Government of the Federation, Chief Olu Falae; former Governor of Plateau State, Senator Jonah Jang, former Ijaw Youth Council President, Chief Asari Dokubo, Senator Stella Omu and representatives of the governors of Delta and Akwa Ibom states.
They insisted that true federalism of Nigeria remained the ace to the nation’s stability and economic prosperity, stressing that, recent developments in the country have given credence to the fact that there is no better time to restructure than now.
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INEC To Unveil New Party Registration Portal As Applications Hit 129

The Independent National Electoral Commission (INEC) has announced that it has now received a total of 129 applications from associations seeking registration as political parties.
The update was provided during the commission’s regular weekly meeting held in Abuja, yesterday.
According to a statement signed by the National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun, seven new applications were submitted within the past week, adding to the previous number.
“At its regular weekly meeting held today, Thursday 10th July 2025, the commission received a further update on additional requests from associations seeking registration as political parties.
“Since last week, seven more applications have been received, bringing the total number so far to 129. All the requests are being processed,” the commission stated.
The commission revealed the introduction of a new digital platform for political party registration. The platform is part of the Party Financial Reporting and Auditing System and aims to streamline the registration process.
Olumekun disclosed that final testing of the portal would be completed within the next week.
“INEC also plans to release comprehensive guidelines to help associations file their applications using the new system.
“Unlike the manual method used in previous registration, the Commission is introducing a political party registration portal, which is a module in our Party Financial Reporting and Auditing System.
“This will make the process faster and seamless. In the next week, the commission will conclude the final testing of the portal before deployment.
“Thereafter, the next step for associations that meet the requirements to proceed to the application stage will be announced. The commission will also issue guidelines to facilitate the filing of applications using the PFRAS,” the statement added.
In the meantime, the list of new associations that have submitted applications has been made available to the public on INEC’s website and other official platforms.
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Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business

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

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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