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Wike Blasts Labour’s Indifference To Fuel Hike, Insecurity

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The Rivers State Governor, Chief Nyesom Wike, has lampooned the labour movement in Nigeria for their indifference to the incessant increment in the pump price of petroleum products, electricity tariffs and the escalating insecurity in the country.
He said labour movement in the country was dead because it has lost its force of engagement with government, adding that the present leadership of organised labour can hardly achieve anything good for the generality of the workforce and Nigerians.
Wike made the assertion at the inauguration of the Trade Union Congress (TUC) Secretariat Building, performed by the National President of TUC, Comrade Quadri Olaleye, last Friday in Ozuoba Town, Obio/Akpor Local Government Area of Rivers State.
The Rivers State governor observed that the leadership of labour has left substance to pursue shadows, and can hardly speak in a manner that can change or achieve reversal of the many anti-people policies being implemented by the All Progressives Congress (APC)-led Federal Government.
Wike stated that under former President Goodluck Jonathan, the leadership of labour mobilised Nigerian workers against some of his policies because he was from a minority ethnic group, but has lost its voice under a president from a majority tribe.
“It is unfortunate that labour has abandoned their role in this country. You are chasing things that are personal to you. All over the world, when government is not going the right way, it is labour that comes out to say we cannot allow it. Majority of our people are civil servants and have others to cater for. But since the inception of this government, labour has died.
“Under former President Goodluck Jonathan, labour was alive. They said the country must come down because he is from a minority area. But look at what is happening. There’s increase in fuel pump price, insecurity, and incessant increase of electricity tariffs. Where is labour? Where is TUC? Where is NLC? The only thing I hear is minimum wage”.
He further said, “Let the world hear it, labour has died. Nigerians cannot get anything substantive from you. Labour is like an opposition party. Labour does not work for any ruling government, no. But now, you people are working for the ruling government. Under Jonathan, you mobilised workers to occupy Nigeria. And that is why we say there is so much injustice in this country. Because I come from a place, a minority area, you can treat me anyhow, but when you come from the other side, nobody can touch you. That is not how this country should move forward. Be firm and take decisions and know that what is wrong is wrong. Let Nigerians have confidence in you.”
Speaking on the TUC Building, Wike said his administration has provided the secretariat to strengthen the independence of organised labour so that it can perform its duties effectively.
“Mr President, what we have done here is our own little contribution to make your people independent, and work for the interest of the country, not for the interest of only minimum wage. This minimum wage will come when it will come. No governor is anti-workers. I have brothers and sisters who are civil servants, so, how will I be against them. But we must do things in ways that things are supposed to be done.”
He urged labour to always engage his administration concerning the larger issues that border on workers’ productivity and welfare beyond the demands for check-off dues.
The governor, while reacting to labour’s opposition against National Assembly plan to remove the issue of minimum wage from the Exclusive List to Concurrent List, insisted that workers must realise that the financial capacity of the federating states differ.
“Let us face reality, if we are to operate true federalism, you cannot say that the man who is in Sokoto should earn the same thing with the man who is in Lagos, it is not possible. The house rent in Lagos is more expensive than house rent in Sokoto. You cannot say that the man in Lagos should earn the same thing with the man who is in Rivers. So, people should be very realistic.
“In America, somebody who works in California cannot earn the same with the person working in Chicago. No. You people say Federal Government should fix salary. How can Federal Government fix salary for me? The President did not employ you. I employed you. I sit down with you, we negotiate, and then, you say Federal Government should fix what everybody will earn”.
The governor also agreed to support the Rivers State Chapter of the Trade Union Congress with a take take-off grant of N50million and a vehicle.
Inaugurating the TUC Secretariat, the National President of TUC, Comrade Quadri Olaleye, applauded Wike for completing the project and not abandoning it after the groundbreaking ceremony.
According to Olaleye, the governor’s achievements have made him controversial.
He explained that he was one of those who also castigated Wike for his contributions to the Judiciary but acknowledged that he understands it better now.
Providing a description of the secretariat, the Special Adviser to Governor Wike on Special Projects, Dax George-Kelly, said the two-storey building started two years ago.
“Today, the dream is real. This project is seating on 1,450-square meter of land. The secretariat has 16 offices; it has a 500-capacity auditorium, inclusive of the gallery.
“It has a conference room. It has 14 toilets cut across all the floors. There’s 100KVA generating set, 200KVA transformer already hooked up to the national grid. All offices, conference rooms and auditorium are fully and tastefully furnished”, 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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