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Corruption, Ravaging Nigeria Under Buhari, SGF, Sagay, Others Cry Out …Vacate Office If You Can’t Lift Nigerians Out Of Poverty, President Told

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The Secretary to the Government of the Federation, Boss Mustapha; and the Chairman, Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay (SAN), yesterday, lamented that despite concerted efforts by the President Muhammadu Buhari’s led administration to eradicate corruption, the scourge still ravages the country.
The duo among other stakeholders spoke at an event in Abuja where they highlighted steps that needed to be taken to strengthen the government’s anti-corruption agenda.
Also at the event: “One-day Dialogue Session on Strengthening the Anti-Corruption Agenda: Ensuring Accountability and Transparency,” goodwill messages were delivered on the subject matter by the Chairman, Senate Committee on Anti-corruption and Financial Crimes, Senator Sulieman Kwari; the Director of Centre for Democracy and Development (CDD) and organisers of the event, Idayat Hassan and Director, Africa Office, MacArthur Foundation, Kole Shettima, the funding partner.
The SGF, who spoke through the Permanent Secretary, Special Services, Amina Shamaki, disclosed that the Buhari administration had since 2015, recorded “unprecedented level of successes” in the fight against corruption by securing “the most number of convictions, including very high-profile personalities” and making “world-record recoveries in terms of money and assets.”
He, however, lamented that despite the successes recorded, the anti-graft war had not been won.
He said: “Nonetheless, we should not rest on our oars with the illusion that the war has been won despite the level of the successes I have enumerated.
“While the fight has been very successful in tackling monumental corruption, less grandeur cases are perceived and even reported.
“While the government has displayed uncommon courage to relieve its appointees especially, in its agencies, of their positions and responsibilities, there still exist some level of infractions on Public Procurement Act, and other laws. These tend to diminish the efforts of government in this direction.”
While proffering solution to end the scourge, the SGF expressed the need to bring about “innovative legislations, policies and measures to deal decisively with the lingering acts of corruption.”
In addition, he posited that the roles of audit departments/units and auditors in aiding and abetting corruption in ministries, departments and agencies should be addressed.
To this end, he called for the prosecution of auditors who sanction corrupt payments alongside the main culprits in corruption cases.
He added: “I should like to see the Office of the Auditor-General for the Federation come up with innovative policies and measures to empower auditors to halt any payment that is clearly in breach of Public Procurement Act, Financial Regulations, Public Service Rules in particular, and other laws, in general.
“For such auditors that compromise, or are complicit, such policies and measures should isolate them for disciplinary action which should not preclude prosecution.”
On his part, Prof. Itse Sagay noted that the consequence of corrupt acts, included “massive unemployment, unequipped clinics, and hospitals, wretched schools, colleges, and universities without facilities, bad roads, lack of electric power and so on.
“Deaths on the roads, deaths in hospitals, deaths in maternity facilities, militants, kidnappers, armed robbers, murders, suicides are also a direct product of this Nigerian culture,” he added.
As a short-term solution to the corruption problems, Sagay suggested that “the existing Nigerian Financial Intelligence Unit structure be adopted as the centre of Nigeria’s intelligence databank for sharing information and intelligence on corruption.”
Adding his voice to the issue, the CDD Director, Hassan, who spoke through the Senior Programme Officer of the organisation, Lukman Adefolahan, also said “a lot more still needs to be done to strengthen the fight against corruption, promote accountability and transparency”, despite “the great strides” that had been made in the fight against graft.
“These different dimensions of corruption have characterised Nigeria’s landscape and by implication made it be consistently rated among the most corrupt countries in the world by Transparency International in its Corruption Perception Index.”
She accordingly called for “pragmatic measures to curb corruption to safeguard Nigeria’s future given the implication of the problem on security, political, social, and economic prospects of the country.”
But Kwari said the Senate through its committee on Anti-Corruption and Financial Crimes “is also reviewing all the anti-corruption and financial legislations with a view to bringing them in line with current day realities and making them more effective.”
Meanwhile, a leading legal practitioner in Nigeria and President of the Caleb and Greg Foundation (CAGG), Olusegun Bamgbose, has said that President Muhammadu Buhari should have nothing doing in the State House, if he can’t tackle poverty.
He called on the President to declare war on poverty and joblessness among the youths in the country.
Bamgbose had earlier told newsmen that he can fix Nigeria in 24 hours, if he takes over from Buhari in 2023.
In a statement, yesterday, the senior lawyer said, “Extreme poverty in Nigeria is alarming and assuming a new and dangerous trend. Most recently the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, asserted that 90 million Nigerians are living in extreme poverty.
“This is actually not shocking but a sad one. If these Nigerians were a country, it will be more populous that Germany. It’s really not good news because almost six people in Nigeria fall into poverty trap every minute.
“We, therefore, call on Buhari’s government to declare total war against extreme poverty and go further to declare state of emergency on joblessness in the country. Wars can’t be fought without weapons.
“The weapons should be pragmatic and purposeful programs that will clearly minimize poverty in Nigeria.
“The World Poverty Clock has clearly indicated that if nothing seriously and sustainable is done to curtail poverty, Nigeria might be home to 120 million people living in extreme poverty come 2030.
“This is dreadful. I want to say here with all sense of responsibility that this is certainly not the best of time for President Buhari to be out of the country for more than five days.
“The economic status of Nigeria being the poverty capital of the world must change.
“Something urgent and cogent must be practically done to nip in the bud this perennial problem of poverty, hardship and joblessness.
“The introduction of N-Power is quite good but more is expected from the government to reduce meaningfully the poverty trend in Nigeria.
“Poverty and joblessness breed crime and violence. Our youths are finding crime attractive because the jobs are not there.
“No country in the world has ever succeeded in curbing the wave of crime without first tackling poverty headlong.
“Mahatma Gandhi once said that poverty is the worst form of violence. It’s not in doubt that poverty is a nightmare.
“The government must search for extraordinary ways through which poverty will be minimized if not eradicated.
“It won’t be out of place to come up with a committee with a mandate to come up with blueprints on how jobs can be created and poverty minimized.
“If this government can’t find a way to minimize poverty then the government has failed in its responsibility.
“President Buhari has nothing doing in State House if he can’t tackle poverty. On our part as Foundation, we shall launch LEAP Community in 2020.
“Let’s Eradicate Abject Poverty (LEAP). It’s our expectation that about 25 million Nigerians will be part of the community.
“Our main aim is to join forces with the government and stakeholders to eradicate poverty in Nigeria not later than 2030. We, however, expect President Buhari to take the lead in fighting poverty.
“Our universities turn out graduates every year but joblessness stares at them. Crime and prostitution are now on the increase as a result of poverty and joblessness. The time to act decisively is now”, he added.

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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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