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Boko Haram Kills 70 Soldiers In Borno …DHQ Confirms 47 Dead In Ambush

At least, 70 Nigerian soldiers were killed in an ambush on their convoy by Boko Haram terrorists in the restive Borno State, military and security sources confirmed, yesterday.
They said that the insurgents fired rocket-propelled grenades at a lorry carrying troops as it travelled near Gorgi village in Borno State, last Monday.
“It was a huge loss, at least, 70 soldiers have perished in the ambush,” one of the officers said.
“The terrorists specifically targeted a truck loaded with soldiers with RPGs and incinerated the vehicle, killing all on board,” a second officer said.
“So far, 70 bodies have been recovered but the toll is certainly more than that as rescue operation is still underway.”
Several soldiers were injured and some others taken captive by the jihadists, the two officers said.
The convoy had left regional capital Maiduguri on its way to launch an offensive on a camp belonging to jihadists affiliated to the Islamic State group in the area, a member of a government-backed militia fighting the insurgents said.
The Islamic State in West Africa Province faction split from Boko Haram insurgents in 2016 and has focused on attacking troops, raiding bases and laying ambush on military convoys.
The group has been accused of increasing attacks on civilians and taking hostages at bogus checkpoints on main roads in the region.
The decade-long conflict has killed 36,000 people and displaced 1.8 million in the North-East of Nigeria.
Fighting has also spilt over the border into neighbouring countries, prompting the formation of a regional military coalition to fight the insurgents.
Reacting to the incident, the Defence Headquarters, yesterday, gave the figure of the soldiers killed in the Monday ambush as 47, contrary to reports that 70 soldiers were killed by the Boko Haram terrorists.
The DHQ also placed the figure of wounded soldiers at 15.
Giving details of the ambush that took place at Gorgi in Allargano forest in Borno State, the Coordinator of the Defence Media Operations, Major General Enenche, said the soldiers were not killed in direct combat with the terrorists.
According to him, the terrorists ambushed the military vehicle conveying logistics and artillery which included bombs and other weapons and shot at it, resulting in an explosion that killed the soldiers and the insurgents that mounted the ambush.
Enenche said, “We are in a fluid conflict situation between March 23 to 24, troops who were on a clearance and consolidation operation which was successful were ambushed and we suffered some casualties.
“After the successful operation, the troops were heading to Buk when the Boko Haram insurgents shot at the last vehicle conveying supplies and the bombs exploded in the process killing some of the soldiers and all the insurgents that mounted the ambush”.
He added that following the ambush, fighter jets were scrambled and the fleeing insurgents that survived the explosion were neutralised.
“Accordingly, air assets, including an Intelligence Surveillance and Reconnaissance (ISR) platform and fighter jets, were immediately scrambled to provide Close Air Support to the troops. While the ISR platform provided situational awareness to the troops, the fighter jets engaged the BHTs, immobilizing a gun truck and neutralizing some of the terrorists. Some others, who attempted to beat a hasty retreat, were mopped up by the jets in follow-on attacks.
“The Armed Forces of Nigeria, in furtherance of the objective of restoring peace and security in the North-East, will continue to sustain the offensive against the enemies of our nation”.
Enenche stated further that the names and identities of the deceased soldiers were been collated, just as he said that the military sympathises with the families of the victims.
However, the Defence Headquarters has explained that the troops of ‘Operation Whirl Stroke’ deployed in Benue State have recovered a large cache of weapons from fleeing bandits in Odogoke and Odejo communities in Agatu Local Area of the state.
The Acting Director, Defence Media Operations, Brig.-Gen. Bernard Onyeuko made the disclosure in a statement, yesterday in Abuja.
Onyeuko said that the troops carried out cordon and search operation in the communities to apprehend bandits following deadly clashes in the area.
Items recovered, according to him, include one double-barrel gun, 19 locally made rifles, one pistol, four rounds of 7.62x54mm ammunition, three cartridges for pump-action rifle, among other accoutrements.
“Normalcy has returned to the communities and general security in the area remains calm. Troops have dominated the general area with fighting patrols to ensure peace and stability in the area.
“The Defence Headquarters hereby encourage the public in the general area to come up with credible information to enable the troops to be proactive,” he said.
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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.”