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Partner RSG To Improve Security, Wike Urges Monarchs …Recommits To Speedy Dispensation Of Justice

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The Rivers State Governor, Chief Nyesom Wike has called on traditional rulers to work with the state and local government areas to improve security across the state in order to fast track the development process.
Wike also declared that the Rivers State Government would formally launch the new security architecture of the on Friday.
He spoke, yesterday, in Port Harcourt, when he declared open the 110 and 111 quarterly general meeting of the Rivers State Traditional Rulers Council.
The governor said: ‘I wish to reiterate that our traditional rulers bear enormous moral and legal responsibilities to work with the local and state governments to secure the state and fast-track development and progress to their communities.
“It bears repeating that you have no moral claim to your traditional titles, authority and reverence if you cannot guide, mentor, persuade and prevail on your youths to shun all forms of criminality and take your communities to an enviable heights of peace and socio-economic transformation under your reign”.
Wike urged the traditional rulers to take concrete actions towards improving security in their communities.
He said the criminal elements disturbing security and peaceful existence of the state live in communities and can be fished out with strong local intelligence and commitment.
“I wish to again assure you all that Rivers State is in safe hands under our guide and we will continue to do our best to protect its political interests grow the economy and advance its development and progress more than ever until our very last day in office.
“What we need from you is to mobilize your subjects and communities for development and partner with the state government to enable our youths to realize their full potential and self-actualization as responsible citizens”, he said.
He thanked the traditional rulers who stood by his administration with courage during the most trying period to resist and frustrate the evil plan by the enemies of Rivers people to install their puppets in power and again subject the state’s common resources to mindless plunder.
He said: “I assure you with all confidence that they have been defeated and by God’s grace, they will remain defeated and subdued forever as nothing would come out of the cases they are currently sponsoring at the Election Petition Tribunal against us, which are all bound to woefully collapse like a pack of cards.
“As you all know, in the last four years we paid special and deliberate focus on bridging the gap on infrastructure, especially roads, education and healthcare delivery. As a result, many roads, educational and healthcare projects have been delivered, and many more are at their last completion stages and due to be commissioned in the first 100 days of our second term in office”.
Commenting on OML 25, Wike said he supports the development of local companies, but noted that the right thing must be done at all times.
He said if the Federal Government had given the company owned by a Rivers son the license for OML 25, the state government would have supported the company totally.
“If the Federal Government had given our son the license for OML 25, I would have been happy. But the Federal Government gave the license to Shell. Now, people were hired and they stopped operations for two years.
“Government called the Amanyanabo of Kula and others for a meeting, preached peace. Simply because of kobo, the man changed his position. Is that the kind of person you want the state government to give Staff of Office? A traditional ruler that will come before the government and sign an agreement, and then go back to say that he is withdrawing his signature”, he said.
In his address, the Chairman, Rivers State Council of Traditional Rulers and Amayanabo of Opobo, King Dandeson Douglas-Jaja urged Governor Nyesom Wike to make traditional rulers part of the new security architecture of the state.
He said: “Traditional Rulers appreciate all the efforts you are making at curbing crime in our State and are prepared to participate in all these efforts by the state government to stem the tide of insecurity in the state. We therefore implore you to make use of capable members of the council in the planned security architecture of government”.
He described as unfortunate the situation where some traditional rulers have been indicted for aiding the perpetration of crime in parts of the state.
The Opobo monarch urged the Rivers State Government to treat the matter on a case to case basis, and thanked the governor for applying restraint when meting out punishment to traditional rulers in whose domain criminal gangs operate.
Douglas-Jaja commended Wike for entrenching development in the state, saying that with his inaugural speech, it was obvious that his second term will lead to more projects across the state.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike has declared that his administration will continue to promote access to justice and the independence of the judiciary.
The governor also distributed vehicles to newly sworn-in magistrates, saying that his administration will always create the right environment for the dispensation of justice.
Speaking, yesterday, during the presentation of the vehicles to the new magistrates, Wike said that all the arms of government should work together to develop the state.
He said: “You know that as magistrates of the Rivers state judiciary, there are certain standards of comfort that are expected of them. I doubt if you expect them to be running around in taxis and all the rest. The need for effective dispensation of justice requires that some of these basic facilities should be available to them.
“So, in terms of these vehicles, it is to make sure that as they start work, they are doing so with every necessary facility for the discharge of their responsibilities”
He noted that it is necessary to ensure that officers of all the arms have the right facilities to discharge their duties.
“It was done for judges; it has been done for the previous magistrates. These 11 new magistrates were just sworn in about a month ago. So, it is something that happens normally at all times, for all arms of government”, he said.
The Chief Judge of Rivers State, Justice Adama Iyaye-Lamikanra expressed gratitude to Governor Nyesom Wike for the approval for the appointment of new magistrates and the release of new vehicles to them.

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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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