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Wike, Atiku, Tambuwal Hold Talks Over PDP Convention …As Mpigi, Sekibo Pick Party Senatorial Tickets In Rivers …Rivers-West Senatorial Primaries Postponed

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The Rivers State Governor, Chief Nyesom Wike, yesterday, held a consultative meeting with Peoples Democratic Party (PDP) presidential aspirant and former Vice President, Alhaji Atiku Abubakar at the Government House, Port Harcourt.
The meeting with Atiku came barely 24 hours after another consultative parley with the Sokoto State Governor and another PDP presidential aspirant, Aminu Waziri Tambuwal in Government House, Port Harcourt.
Atiku arrived Government House, Port Harcourt in company of former Ogun State Governor, Otunba Gbenga Daniel and other campaign officials.
Wike and Atiku thereafter went into a closed door meeting at the conference room of the Government House.
The former Vice President visited the governor to canvass for delegates’ votes ahead of the October 6 and 7, 2018, National Convention in Port Harcourt.
Also in attendance at the meeting were the former Rivers State Governor, Sir Celestine Omehia, Rivers State PDP Chairman, Bro Felix Obuah and Chief of Staff to the Rivers State Government House Port Harcourt, Engr Emeka Woke.
However, another PDP presidential aspirant and Sokoto State Governor, Aminu Tambuwal has declared that immediate steps must be taken to set the country on the path of development, following the abysmal performance of the All Progressives Congress-led Federal Government.
Speaking at the Government House, Port Harcourt, last Monday during a consultative visit to Rivers State Governor, Chief Nyesom Wike, the former speaker, House of Representatives, noted that the country was presently hanging on a cliff due to the failure of the Muhammadu Buhari administration.
He said: “We should be able to bring back our country from the brink. As it is today, this country is on a cliff and there is a need for us to pull it back”.
Tambuwal said that Nigeria requires a leadership that has the capacity to unite the country, introduce fresh ideas in leadership and enhance the development of the nation.
“We are all aware that this country has never been this divided. This country has never been this polarised. There is a need for us, not only to have a 21st leadership, but a leadership that is Pan-Nigeria.
“We need a leadership that understands the complexities of this country”, he said.
The PDP Presidential aspirant noted that experiences garnered as a former Speaker of the House of Representatives and the incumbent Sokoto State governor have equipped him to offer Nigeria the right leadership it requires.
He urged PDP members to nominate him to fly the party’s flag during the 2019 Presidential Election, pointing out that he has the capacity to lead the party to victory.
Tambuwal informed that when elected he will work with all stakeholders to review the Constitution of the country to accommodate the aspirations of different sections of the country.
On security, the Presidential aspirant said he would deploy security and fresh ideas to improve the security of the nation.
Responding, Rivers State Governor, Chief Nyesom Wike advised all Presidential aspirants to conduct themselves in a decorous manner to advance the interest of the PDP.
He said: “Tell Nigerians what you want to do for them. Sell yourself. Do not be desperate. If it is God’s will, nobody can stop you”.
He said if at the end of the day he loses out of the nomination of the party, he should support whoever emerges in the interest of the party.
The Rivers State governor noted that Tambuwal represents one of the Presidential aspirants with the capacity to lead and revive the country.
Wike said without a review of the revenue sharing formula of the country, states would not be able to pay the new minimum wage.
The governor thanked the leadership of the PDP for approving the hosting of National Convention in Port Harcourt, saying that the convention will positively impact the state’s economy.
Meanwhile, Rep member representing Oyigbo/Tai/Eleme Federal Constituency Hon. Bany Mpigi yesterday won the People Democratic Party ( PDP), Senatorial Primaries for South-East District of Rivers State.
Hon. Mpigi beat Senator Olaka Nwogu with 694 votes after poling 797 votes. A total vote of 903 was cast at the polls hold at the Dr Obi Wali International Conference Centre in Port Harcourt
Also, Senator George Sekibo pulled 1,230 votes as an affirmation of his choice of the party for the Rivers, East senatorial district seat. The Returning Officer at the elections Hon. Samuel Nwanosile described the polls as free and fair, as officials of the PDP National Secretariat and observers from the Independent National Electoral Commission ( INEC) witnessed the elections.
Hon Mpigi while accepting the nomination said he will not fail the people, stressing that he would work with Senator Nwogu to ensure that the party is united and strong to win the 2019 polls.
The House of Representatives member described Nwogu as a man of honour, as he pledged to dedicate himself to work for the betterment of the senatorial district.
Primaries for the Rivers West Senatorial Seat was, however, postponed to a later date yet to be announced.

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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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