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PH Residents Agonise …As Tanker Fire Razes Church, Hotel, Shops

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Fire has destroyed property worth billions of naira in Rivers State after a tanker loaded with Automotive Gasoline Oil (AGO) rammed off the G.U. Ake dual carriage way in Obio/Akpor Local Government Area of the state and ditched into a flower garden.
The fire destroyed a church, Christ Living Miracle Church, a hotel, four shops, an event centre and a flower garden near Eliozu flyover on the G.U. Ake Road.
It was learnt that the tanker, which was trying to manoeuvre a bend on the road, had fallen into a flower garden along the road and exploded in flames.
The General Overseer of the affected church, Bumi Grace noted that the incident happened around 5a.m., yesterday, adding that none of the victims was able to save any of their belonging.
Grace said: “When the tanker fell and fire started, the electricity transformer close caught fire, exploded and the fire spread the more. Before fire fighters came, the fire had gone far.
“The incident will affect our service, but we must gather to worship God. What was destroyed here is over N300 million because we did not remove anything here.
“I was in the house when I received a call that my church is on fire. I got a vision of fire incident, and we organised a prayer and fasting. We finished prayers yesterday and this morning this thing happened.”
Also, one of the shop owners, Amaka Ugu disclosed that this is the third time tanker has fallen on that spot and called on the government for prompt attention.
“What I have lost is over a million naira, but my neighbour lost over N12 million because he just came back from market. He sells rugs.
“When I woke up somebody called me that another tanker had fallen. This is the third time tanker is falling here this year. The government has to do something about this.”
An event and catering centre worth over N500million was burnt by the fire.
According to an eyewitness, Master Jacob Nkem, the driver lost control and the tanker burst into flames.
However, it took the efforts of personnel of the Rivers State Fire Service and those of Shell Petroleum Development Company (SPDC) to bring the situation under control.
“This is not the first time a tanker carrying diesel has fallen in this area”, a taxi driver, Master Job, who plies the Air Force, Rumuokoro route stated.
“Three months ago, a tanker loaded with petroleum products lost control, somersaulted and burst into flames as buildings, cars and property were destroyed alongside the tanker.”
The taxi driver wondered why the drivers and conductors were not hurt in these two separate incidents.
He went further to state that the accident happened at the same hour and almost at the same place.
A middle-aged woman, who chose to remain anonymous, narrated how at about 5.00am, yesterday, a tanker rammed into her shop, and fire consumed all her property, including her academic certificates.
Reacting to the incident, the state Commissioner for Special Duties, Emeka Onowu regretted that the tanker accident was the third of such unfortunate incident at that same spot in three months, and promised to liaise with his counterpart in the Ministry of Works to construct speed breakers around the area to check over-speeding by motorists.
In his remarks, the state Commissioner for Works, Hon. Dumnamene Dekor, described the incident as sad and pathetic, adding that the accident was as a result of human error.
He said: “The incident would have been avoided. The damage is enormous. It would have been averted because I believe it occurred as a result of some human error.
“I have not ascertained the product, but from what we can see, it is a petroleum product because that is what can cause this level of damage.
“The incident has also damaged this road. We have lost over 200 metres of this road. The impact is so heavy. The only thing we need to do is that we will ensure that at this bend, we will ensure devices are built to make drivers reduce their speed on this roads.
“We will take certain steps to put this to a stop. We are encouraging every user of our road to apply caution. We appeal to those who have lost anything here to remain calm while everything will be addressed.”
The Chairman of Obio/Akpor Local Government Council, Prince Solomon Abel Eke has described as most unfortunate the tanker explosion along Air Force/Eliozu Road which destroyed residential buildings and business concerns.
Eke, who stated this after visiting the scene of the incident, yesterday, appealed to drivers plying the route to be conscious when approaching the bend before the Eliozu over-head bridge.
The Obio/Akpor chairman, therefore, empathised with those affected by the tanker explosion, and prayed God to strengthen them.

 

Emeka Sabastine Igbe

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INEC To Unveil New Party Registration Portal As Applications Hit 129

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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 

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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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