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NASS Okays June 12 Democracy Day …Declares Public Holiday …Ekweremadu Backs State Police

The National Assembly has passed the amendment to the National Holiday Act to move Nigeria’s Democracy Day from May 29 to June 12.
The Senate at the plenary yesterday passed the amendment in concurrence with the House of Representatives which approved the new date earlier in December 2018.
The passage followed the adoption of a report by the Majority Leader, Senator Ahmad Lawan, for the Senate to concur with the House.
The three clauses of the amendment bill were passed by the Committee of the Whole when the Deputy President of the Senate, Ike Ekweremadu, who presided over the session, put them to voice vote.
The legislation is now billed for transmission to President Muhammadu Buhari for assent.
Buhari had in June 2018 declared that the Democracy Day would henceforth hold on June 12 of every year.
The President made the declaration as the Federal Government honoured the acclaimed winner of the 1993 presidential election, the late Chief Moshood Abiola, with a posthumous conferment of the highest national award, Grand Commander of the Federal Republic, on him.
Buhari had also conferred on Abiola’s running mate in the election, Alhaji Babagana Kingibe and foremost human rights lawyer, the late Chief Gani Fawehinmi, the Grand Commander of the Niger award, which is the second highest national honour.
In his remarks, the President of the Senate, Dr Bukola Saraki, put the conference report to a voice vote and it was adopted by the lawmakers.
In the bill, which was passed by the House of Representatives on November 26, 2018, the current democracy date, which is May 29, was deleted and replaced with June 12.
On June 12,1993, presidential election was held and adjudged to be the freest in the country’s history.
However, the results were annulled by the then Head of State, Gen. Ibrahim Babangida.
In the process, one of the presidential candidate who was reported to have polled most votes, Mr Moshood Abiola lost his life.
Our correspondent reports that 25 years after, President Muhammadu Buhari in 2018, announced that the nation’s Democracy Day would hold on June 12 of every year as against current arrangement where the ceremony holds on May 29.
The national assembly however needed to amend the public holiday act to give the directive a legal backing, to make it binding.
Meanwhile, the Deputy Senate President, Senator Ike Ekweremadu, yesterday, said that if the increasing rate of insecurity, banditry, kidnapping in the country must be nipped in the bud, there was the urgent need for President Muhammadu Buhari to throw his weight behind calls for state police.
Ekweremadu, who blamed the rising security challenges on unitary police system prescribed by the Constitution, stressed that the best option was not to jettison the decentralized policing, which ensured the security of the people and their property up to 1966, but to ensure that appropriate checks in terms of recruitment, appointment of police chiefs, control, logistics, funding, among others, were put in place, to guide against possible abuse by state governors as feared by some.
Speaking, yesterday, in Abuja at the opening of a two-day conference on the Implementation of Autonomy of State Legislature and State Judiciary, Ekweremadu, who hailed Buhari for assenting to the Constitution Alteration Bills on Financial Autonomy for States’ Legislature and States’ Judiciary, said: “Our Constitution contradicts, in several respects, the basic principles of democracy such as the separation of powers, checks and balances, and compromises the independence of the critical institutions of democracy.
“This is why the National Assembly has, starting from 2010, successfully altered the Constitution to strengthen the principles of separation of powers, checks and balance, and indeed our democracy and good governance by placing the National Assembly, INEC, and most recently, the State Houses of Assembly and Judiciary on first line charge”.
He, however, cautioned State Assemblies that the autonomy was not a license to appropriate whatever they liked to their respective Assemblies and States’ Judiciary, but recognition of the prioritisation of the release of their funds in the appropriation law of their respective states.
The Deputy Senate President, who described the local government as the weakest link in the governance structure, however, urged the State Assemblies to approve the Constitution Amendment Bills that seek to strengthen the councils as a third tier of government.
He suggested the establishment of a National Police Service Commission (NPSC) to exercise a level of oversight over the activities of the state police such as maintaining common facilities for all police services in the country, including training, criminal intelligence databases, forensic laboratories, among others.
Ekweremadu said, “The NPSC should also run a system of inspectorates and certification such as supervision of recruitment, training, supervision of standards, and annual certification of every state police service.
“There should also be a body known as State Police Service Commission for the states and should comprise a representative of the executive to be appointed by the Governor, representative of the Federal Government to be appointed by the NPSC, two independent experts in security matters to be appointed by the governor subject to confirmation by the State House of Assembly, and a representative each of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).
“Others are a retired police officer not below the rank of Assistant Commissioner of Police, representative of the Nigerian Bar Association (NBA), representative of the Nigeria Union of Journalists (NUJ), and representatives of the Christian Association of Nigeria (CAN), Nigerian Supreme Council for Islamic Affairs (NSCIA) and other relevant civil organizations, as the case may be. The body should be responsible for the recruitment, appointment and disciplining of the members of the state police force.
“Importantly, the funding of the state police should be a first line charge on the state account or it can be deducted at source from the Federation Account and paid to the Police Service Commission for onward disbursement to the respective State Police Service Commissions.
“There should be an Act of the National Assembly stipulating the type of arms that can be acquired by a sub-national police and also unacceptable conducts, which can lead to the sanction of a sub-national police command.”
On affordability, the deputy Senate President said that state police would not be compulsory as those who have the resources could establish one, while those who could not afford would continue to rely on the federal police until they were able to establish one.
He said, “The important thing is to lay down the legal frameworks that authorise and regulate decentralised policing so that those who can afford it can start, hence I urge Mr. President to lend his political will and weight to the quest for decentralised policing.”
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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.”