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Employment Generation: Wike Seeks EU, RSG Synergy In Agric Dev …Assures Govt’s Resolve To Ensure Sustainable Peace …Urges EU’s Pressure On FG For Electoral Reforms

Published

6 years ago

June 19, 2019

The Rivers State Governor, Chief Nyesom Wike has called on the countries of the European Union to partner with the state government in the development of the commercial agricultural sector for the purpose of job creation.
Wike also called on the European Union countries to partner with the state government on the improvement of the state capital waste disposal system.
He spoke, yesterday, during a forum of the European Union Heads of Missions in Abuja in a presentation titled: “Understanding current political and security situation in Rivers State in particular and Niger Delta region in general”.
He said: “We will continue to solicit for targeted development interventions in Rivers State from the European Union Missions.
“Increase your unconditional development grants to Rivers State, and deploy same to fund programmes, projects and services that will sustainably advance the socio-economic wellbeing of our people and communities; and encourage European companies and investors to come over to Rivers State in particular and the Niger Delta in general, and invest in commercial agriculture, manufacturing, maritime services, oil and gas exploration, quality healthcare delivery, quality education, especially, in science and technology, roads and transport infrastructure, affordable housing, water provision and effective waste disposal systems”.
He said, though Rivers State and the Niger Delta have their security challenges, the region is relatively peaceful, well governed and with a crime rate that is lower than the national average.
“Rivers State is effectively being governed. Law and order is in place; people are freely going about with their social and economic activities; the entire state is largely peaceful; and the crime rate is relatively low on the national average.
“This is also true with the other Niger Delta states as none is under a state of pervasive insecurity or violence as we have in some other parts of the country”.
“As a government, our desire and resolve is to ensure that Rivers State is sustainably peaceful, secure and safe for citizens and visitors to reside; do business and have fun. And we have done a lot in the last four years of our administration to advance the security and wellbeing of the state and our citizens through personal initiatives as well as through the national security institutions”, he said.
He outlined all the key support and investments of the Rivers State Government under his leadership in the promotion of peace and security, but pointed out that state governors, though called chief security officers, were constrained constitutionally in the administration of the security architecture of their respective states.
He said: “State governors face legal, administrative and political constraints when dealing with internal security issues. Although we are held out as the chief security officers of our states, but in reality, we do not have even the slightest of legal and administrative control over security personnel, deployments and operations in our states.
“As if that was not frustrating enough, we also suffer from the politicization of security agencies and operations, which was taking to absurd levels, when the Federal Government prevented us, that is, the Rivers State Government, from operationalising the Neighbourhood Watch Corps established by law to provide intelligence and other necessary security support and services to the formal security agencies in our communities, despite allowing some other states of the same political party with the Federal Government to have their own internal security outfits. With such and other effective drawbacks, there is a limit to what any state governor can do to ensure all round security in his state even with the best of intentions, efforts and inputs”.
He thanked the European Union for steps they have taken to deepen democracy in the country.
“We thank you for the report you submitted to various organisations on the 2019 General Elections. Not everyone will like the report, but the truth must be told for us to forge ahead. I believe that if this country must move forward, we must look at the report and see how best we can improve on our electoral system”, he said.
He said what happened in Rivers State during the 2019 elections was a situation where security agencies tried to manipulate the electoral process to deprive the people the opportunity of allowing their votes to count.
“Thank God, the will of the people prevailed. That is why I am here today as the governor of Rivers State.
“On our part, we have said that we will look inwards to find out what happened. That is why we set up a Judicial Commission of Inquiry to look into what happened during the last elections. That Judicial Commission of Inquiry has submitted its report. Once the cabinet is constituted, we will come up with a white paper that will check impunity. Anybody who is involved or indicted by that commission, the law will take its course”, he said.
Wike urged the European Union to put sufficient pressure on the federal government for electoral reforms.
European Union Ambassador to Nigeria, Ketil Karlsen said the meeting is an opportunity for the Rivers State governor to address the European Union on his visions and perspectives to the growth of the state.
He said that he is sure the Rivers State governor has hit the ground running by taking steps to actualize the goals of his administration.
The meeting discussed ways of partnership and development for the benefit of all sides.

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INEC To Unveil New Party Registration Portal As Applications Hit 129

Published

5 days ago

July 11, 2025

The Tide

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

Published

3 weeks ago

June 27, 2025

The Tide

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

Published

3 weeks ago

June 27, 2025

The Tide

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.