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2019: Don’t Run Against Me, Buhari Tells Youth …Signs Not-Too-Young-To-Run Bill …As Dogara Condemns Youths’ Exclusion From Governance

President Muhammadu Buhari, yesterday, advised the Nigerian youth to postpone their presidential ambitions till after 2019 elections.
Buhari, who has declared his interest in seeking re-election during the 2019 elections, gave the advice shortly after signing ‘Not-Too-Young-to-Run Bill’ into law at the Presidential Villa, Abuja, yesterday.
The president described the bill as a landmark law, noting that the bill showed that the youth can achieve anything they conceive if they work hard at it.
The new law lowers the constitutional age limits for aspirants to presidential and legislative positions in the country, as clamoured for by majority of young Nigerians.
It reduces the age qualification for the office of the President from 40 years to 30 years; House of Representatives from 30 to 25; and state House of Assembly from 30 to 25.
The signing took place at the Council Chamber of the Aso Rock Villa, in the presence of the Not-Too-Young-To-Run (NTYTR) group of under-35 young Nigerians drawn from across the country, led by Mr. Samson Itodo.
In his remarks after signing the law, Buhari canvassed for additional amendment to reduce the age limits for aspiring governors and senators, which was proposed but not reflected in the final bill he had just signed into law.
He said the signing of the bill was not the end of the journey but the beginning of more work to be done to get younger persons into government.
In his Democracy Day address, last Tuesday, the President had promised to sign the bill into law “in a few days’ time.”
The National Assembly had passed the bill last year, altering sections 65, 106, 131, 177 of the Constitution to reduce the constitutional age requisition for president from 40 to 30; that of the governor from 35 to 30; senator from 35 to 30; House of Representatives membership from 30 to 25 and State House of Assembly membership from 30 to 25.
“Surprisingly, the age limits for Senators and Governors was not reduced, as originally proposed by the sponsors of this Bill. This is an issue that may need to be addressed going forward. “Nevertheless, your focus and contributions have now successfully increased the quality and maturity of Nigerian democracy and expanded the playing field for youth participation in politics.
“You, the young people of Nigeria, are now set to leave your mark on the political space, just as you have done over the decades in entrepreneurship, sports, art, media entertainment, technology, and several other fields.
“You are undoubtedly Nigeria’s most important resource – not oil, not agriculture, not solid minerals – but you and all of us. Your energy, intelligence and talent are what will drive and develop Nigeria, long after we are all gone.
“This is an opportunity for me to affirm that this Administration will continue to do everything in its power to make Nigeria work for you. “You may all know that the Bill I just assented now becomes an Act of the National Assembly.
“Thus, it may be tempting for you to think of this as the end of the journey. However, it is only the beginning; there is still a lot of work ahead, towards ensuring that young people take full advantage of the opportunities provided not only by this constitutional amendment but also through Nigeria’s boundless prospects.
“You should inculcate the spirit of self-help. Those who complete their training should not just sit down and wait for government or private sector to employ them. You should be innovative and turn your hands to any legitimate work that will enable you to sustain yourself.
“You may have noticed already that every one of you represents one of our 36 States and the Federal Capital Territory.
This is because today is about preparing for the bright future of our country. “I am confident each one of you will transform Nigeria in your own way – whether through media, agricultural enterprise, economists, engineers, or as lawmakers in your States or at Federal levels, or as State Governors – and even someday, as President. Why not?” Please don’t contest against me”.
President Buhari also told the youths to shelve their Presidential ambition in 2019 and wait till 2023 perhaps when he must have completed his two year tenure of eight years.
He pleaded, “But please, can I ask you to postpone your campaigns till after the 2019 elections!”
He said he was proud for the young people over what they had accomplished, adding that if they continued like that the country would be better for everyone including the future generations of Nigerians.
Also speaking, the leader of the NTYTR group, Samson Itodo urged the President to insist on internal democracy in particularly his ruling party, the All Progressives Congress; APC, and to facilitate a provision that will reserve some slots specifically for young persons in faithful and progressive implementation of the new law.
He regretted that Kano, Lagos and Zamfara States missed the opportunity to be part of history as their States Houses of Assembly were the only ones that declined to pass the bill. He praised the President and the Vice-President for encouraging the bill, noting that Buhari would be positively remembered for being the Nigerian leader to sign into law the NTYTR bill.
He said, “It is a journey to rebuild the country. We make bold to hold the value of democracy and participated in it.”
He told the President that 53 percent of Nigeria’s 60 percent youths in the country of over 180 million people are holders of voter card. Recall that the member representing Oshodi/Isolo Federal Constituency of Lagos State, Hon. Tony Nwulu had sponsored the bill in the House of Representatives.
Meanwhile, the Speaker of the House of Representatives, Hon. Yakubu Dogara, has stated that the exclusion of young Nigerians from the decision-making processes on issues that affect them amounts to crime against humanity.
Speaking while receiving the Movement for the #NotTooYoungToRun in his office, yesterday, Dogara harped on the importance of opening up the political space to young people for the growth and development of Nigeria.
The speaker stated that there was no criminality above excluding a greater percentage of people from taking decisions or participating in taking decisions on matters that affect them.
Only last Tuesday, President Muhammadu Buhari had disclosed that “In a few days to come, I will be joined by many promising young Nigerians to sign into law the ‘Not Too Young To Run’ Bill.”
Dogara said he would be available to celebrate the milestone when the president signs the bill into law, and urged the advocacy team to “make a big deal of the feat they have achieved”.
He said, “One thing that we must emphasise and continue to emphasise is that we must get our young people to develop the capacity to participate and lead.
“We must also ensure that they have political influence. Any environment that excludes half of its population would not be fair, and this is true for the young people that now live in this great country called Nigeria. We have to accord you your rightful place.
“To continuously exclude the young people from participating in taking decisions that affect them would have amounted to a crime against humanity.”
The speaker maintained that it is important for the youth to get the right training from a young age to enable them take up leadership positions in the future and deliver successfully.
According to him, “We just didn’t do it (pass the bill) for the young people but as it is said, great leaders bother themselves about the next generation.”
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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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17 Million Nigerians Travelled Abroad In One Year -NANTA

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.”