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Oyegun Confronts Buhari; Says NEC’s Tenure Extension Stands …It Is Unconstitutional, Buhari Insists …As Scores Decamp To PDP In Rivers

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The leadership crisis rocking the All Progressives Congress (APC) has deepened following President Muhammadu Buhari\s directive that the tenure elongation granted Chief John Odigie-Oyegun and other National and State Executive officers of the APC should be reversed.
Giving the directive at the party’s National Executive Committee meeting (NEC) yesterday, Buhari described the elongation of their tenure by one year as unconstitutional , but in a swift reaction, the National Executive Committee (NEC) of the party rejects the directive of the President, insisting that the decision to extend the tenure stands.
Reacting to the directive of the President, the National Executive Committee (NEC) said it is yet to take a final decision on President Buhari’s call for a reversal of its earlier stance on tenure of party officials.
The NEC on February 27, 2018 extended the tenure of the members of the National Working Committee (NWC) by one year, amidst dissention from party bigwigs like Asiwaju Bola Tinubu, Chief Bisi Akande, Speaker House of Representatives, Yakubu Dogara, Senate President, Bukola Saraki were absent at the NEC meeting.
Although those who absented themselves from the meeting have kept mum, an aide to Bola Tinubu, national leader of the ruling All Progressive Congress, APC, yesterday said the APC chieftain did not attend the party caucus meeting because he had another event organised to mark his birthday.
Tinubu had complained against the decision, saying that it infringed on the rights of other APC members to seek to occupy elective offices across all tiers.
Addressing journalists at the end of the NEC meeting, Bolaji Abdullahi, the party’s spokesperson, said the NEC has set up a small technical committee to advise the party on the matter.
He said the committee is expected to submit its recommendations on or before today.
Pending that time, however, he said the last decision to extend the tenure remains.
“Members of NEC thanked the president for his graciousness. Of course we had a situation because we recall that after the last NEC and this decision was taken some members felt aggreieved and they went to court.
“Of course you know that any issue that goes to court is sub-judicial. Then that also presented its own complications so the NEC decided to set up a small team that will advise the party on the way forward.
“At the moment there is no decision taken. So the position of NEC still stands from the last meeting. There is a technical committee at the moment that is looking at it. That position may change tomorrow but as it is today that is the position of NEC”.
Buhari had told the National Executive Committee meeting of the party in Abuja, yesterday, that he had reflected on the elongation and also sought advice, and had come to the conclusion that it was unconstitutional.
Nuhari said, “This motion was duly carried by a majority of members present at the last NEC Meeing, even though some of our party members have since spoken up very vehemently against it. Others have even taken the matter to court.
“I have taken some time to review and seek advice on the resolution. And what i foud is that it contravenes both our party Constitution and the Constitution of the Federal Republic of Nigeria.
“While the APC Constitution, in Article 17 (1) and 13.2(B), limits the tenure of elected officers to four years, renewable once by another election, the 1999 Constitution of Nigeria (as amended), in Section 223, also prescribes periodic elections for party executives at regular intervals, which must not exceed four years.
“Furthermore, Article 31 of our party Constitution provides that any principal officer wishing to re-contest or contest for another post must resign from his current post at least one month before the election.The APC had in its NEC meeting on February 27, 2018, extended the tenure of members of National Working Committee (NWC) led by John Odigie-Oyegun by one year.
Speaking, yesterday, Buhari said, “This motion was duly carried by a majority of members present at the last NEC Meeting, even though some of our party members have since spoken up very vehemently against it. Others have even taken the matter to court.
Buhari said he was optimistic that the on-going meeting would provide an avenue to resolve the outstanding issues and consolidate plans towards making APC stronger.
The president explained, however, that it was expected that a fresh elections be conducted once the tenure of the current executives approaches its end.
“A caretaker committee cannot remedy this situation, and cannot validly act in place of elected officers.
“Furthermore, I think if we deviate from the constitutional provisions, we might be endangering the fortunes of our party. If the tenure of our party executives can be legally faulted, then it means that any nominations and primary elections that they may conduct can also be faulted.
“This is not to talk of divisions that would arise, and is already arising within the party, when some of our members feel that they are being denied the right to aspire to executive positions, or that internal democracy is not at play within the party.
“I am therefore of the firm view that it is better to follow strictly the dictates of our party and national constitutions, rather than put APC and its activities at grave risk.’’
He said that a timetable had already been approved for the holding of congresses and elections.
“I think these should be allowed to go forward and all efforts should now be geared towards making them a great success,’ Buhari added.
Meanwhile, over 2,500 supporters of the All Progressives Congress (APC) in Etche Ward 3 in Rivers State have dumped the party for the Peoples Democratic Party (PDP).
The defectors, including men and women, said that the decision to dump their party for the PDP was to ensure that Governor Nyesom Wike returned to Government House in 2019 to continue with his people-oriented projects.
Receiving the decampees, the state Publicity Secretary of the PDP, Engr Samuel Nwanosike thanked them for making the right choice, stressing that the party will give them all the privileges accorded to old members.
Nwanosike charged them to work for the victory of the governor and the Peoples Democratic Party in 2019.
Meanwhile, the former chairman of the APC in Etche Local Government Area, Chief Musa Elekwa has backed the state government’s Neighbourhood Safety Corps Law.
Elekwa, who expressed his support in an interview with newsmen at the event, said that the law will bring peace to the state.
The former Etche APC chairman said that the defection of the APC card-carrying members also marked the end of the party in Igbo-Etche Ward 3.
Also, the Chairman of the Peoples Democratic Party (PDP) in Igbo-Etche Ward 3, Chetuchi Owume said that with a stronger PDP, the party will take the over 60,000 votes in the area in the 2019 elections.

 

Amieyeofori Ibim

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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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