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Wike Tackles Insecurity In Ogoni …Inspects 2nd Term Inauguration Venue …Abe Lauds Gov On Peace Initiative …RSG Withdraws Charge Against Lloyd

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The Rivers State Governor, Chief Nyesom Wike, has declared that his administration is working with security agencies to tackle rising insecurity and cultism in Ogoniland.
Addressing Ogoni Political Leaders, Traditional Rulers and Youth Groups, yesterday, at the Government House, Port Harcourt, Wike said the government was deploying all necessary machinery to restore peace in the troubled area.
He said: “All of the persons involved in cultism are known by the community leaders. We are coming after them to restore peace to Ogoni communities.
“This time, no effort will be spared. Attention is on the Ogoni area to check the rising insecurity. All through yesterday, the State Security Council met, and resolved on the best way to tackle the cultists”.
The governor charged community leaders to also work out modalities to tackle cultism, saying that the state government would give them full support to achieve desired results.
He warned against the illegal removal of government-recognised chiefs by unauthorised persons, saying that such illegal actions lead to conflicts that degenerate into insecurity.
He regretted the situation in Eleme where a government-recognised traditional ruler was illegally removed by some unauthorised persons.
Wike said that the state government was taking measures to reach out to traditional rulers who were not recognised by government, so that they can contribute to the promotion of security in their respective communities.
The governor, however, noted that part of the problem in Ogoniland was the planned resumption of oil production.
He said that he has received a letter from the National Security Adviser on the commencement of production at OML 11, and noted that he was not duly informed on the process.
Wike added that going forward, the state government and Ogoni people should be carried along on the OML 11 issue, saying that dialogue would yield better results.
He said: “I got a letter from the National Security Adviser. Part of the problem is OML 11. I have written back to them, and said you did not inform me when you were going there. If you want to go into a community, tell me as a governor. But even if there will be, we need to sit down and resolve issues.
“I have told the Federal Government that they cannot use force in doing everything. We need to sit down and resolve issues. As a government, we are losing revenue no doubt, but the people must be involved so that everyone is part of what is happening. I will not support anything that will make Ogoni people not to benefit from their resources. I will not do anything to betray the people who have given me their mandate. I will never do that”.
Rivers State Commissioner of Police, Usman Belel urged the people to support the security agencies to fight insecurity, and called for confidential information to help the security agencies track down cultists in the area.
He said cultism was not a way of life, but a criminal action that would be checked by the security agencies.
Chairman of the Supreme Ogoni Council of Chiefs, King Godwin Giniwa assured the Rivers State governor that Ogoni people would support his drive to promote peace and security in the area.
Meanwhile, ahead of activities to herald his swearing in for a second term, Rivers State Governor, Chief Nyesom Wike, yesterday, inspected the venue for the State Thanksgiving Service.
The governor, who was accompanied by the Senator-elect, Dr Sandy Onoh (Cross River Central) moved round the Yakubu Gowon Stadium where officials were getting the facility ready for the historic event.
Wike later inspected the Obi Wali Cultural Centre, which will host the State Variety Night.
At the Real Madrid Football Academy, Wike was impressed with the level of work.
The academy is almost ready for commissioning.
Meanwhile, the Senator representing Rivers South East Senatorial District in the National Assembly, Magnus Abe has commended Governor Nyesom Wike for his call on all opposition political parties and politicians to work with his administration for the sake of peace and security in the state.
Abe, who made the commendation during a stakeholders’ meeting of his faction of the All Progressives Congress (APC) in Bera, Gokana Local Government Area of Rivers State, stated that from the governor’s recent statements and actions, he believes that the state chief executive was sincere with the Olive branch he offered to opposition parties.
According to him, “From what I have seen of the governor, from the things that he has said and from the actions he has taken, I want to give him the benefit of doubt. I believe that he is sincere, and I think that all sincere Rivers men and women should also make whatever sacrifice and contribution that they can make to help us get this state back on track.
“This is not about politics. It is not about who lost and who won. It is about how we can make it possible for the ordinary Rivers man or woman to be able to survive and go about their businesses without fear in this state,” Abe explained.
He called on all Rivers people to support the state government in returning peace and security in Rivers State; just as he admonished APC members in the state to join hands in rebuilding the party’s structure so that everyone can benefit.
Abe stated further, “I am prepared to make any sacrifice and do anything that will contribute to rebuilding the APC properly in a manner that respects the rights and the obligations, commitments and support of party members across the state.”
Abe also thanked them for ‘their steadfast’ support to the party and for their determination and commitment to the party, which he said, contributed to the victory of President Muhammadu Buhari in the last general election.
Also, the Rivers State Government has withdrawn one of the three charges bordering on malicious destruction of public property brought against the former leader of the state House of Assembly and a chieftain of All Progressives Congress (APC), Dr Chidi Lloyd.
This followed an application ‘nolli prosecue’ brought before a state High Court, presided over by Justice Chinwendu Nworgu, yesterday, to withdraw from the continued prosecution of the matter by the state government.
The counsel to the state government, Mr Adeyemi Damilare told the court that the state government was no longer interested in continuing with the prosecution, and urged the judge to strike out the matter.
He told the court that the state government, through the attorney general of the state, has the right to withdraw from any prosecution on behalf of the state when the need arises.
Counsel to the accused, Mr Azundah Onyekwere, did not oppose the application to withdraw from the case.
Ruling on the matter, the trial judge, Justice Chinwendu Nworgu struck out the matter as requested by the state government.
In an interview with newsmen outside the court room, counsel to Chidi Lloyd, averred that even though the court has struck out the matter, they were worried that the state government might resurrect the matter later.
According to him, “this is the fourth time the state government was entering ‘nolli prosecue’ against Chidi Lloyd and later came up with the matter again”, and appealed that the matter should no longer be resurrected under any guise.
It would be recalled that the state government had recently withdrawn murder charges against the embattled factional state chairman of All Progressives Congress (APC), Hon Ojukaye Flag-Amachree as part of efforts to promote genuine reconciliation and peace in the state.

 

Akujobi Amadi & Dennis Naku

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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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