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2023: Nigeria’s Democracy At Risk, UK Govt Warns

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The British Government has warned that the rise in conflicts can destabilise Nigeria’s democracy in the run-up to the 2023 elections.
This is even as governors on the platform of Nigeria Governors’ Forum (NGF) have declared that the level of insecurity across parts of the country was not only eroding citizens’ safety and people’s means of livelihood, but also threatening the expression of the rights of all Nigerians.
Both spoke at the launch of the Nigeria Governors’ Forum (NGF) Peace and Inclusive Security Initiative (PISI) in Abuja, yesterday.
In his goodwill message, the Development Director, Foreign, Commonwealth and Development Office (FCDO), Chris Beecroft, blamed the frequent crisis across the country on injustice and impunity, as well as weak justice institutions in the country.
He noted, however, that peace and stability could be achieved when the causes of conflict in society are managed through strong, fair, and responsive governance mechanisms at community, state, or federal level.
He stressed that the conflict represents an existential threat to Nigeria’s unity and its development.
According to him, “The rise in conflict risks destabilising Nigeria’s democracy in the run-up to the 2023 elections.
“There is an active insurgency in the North-East; farmer-herder conflicts are extending across the country; resource conflicts in the Niger Delta; tension in the South-East; and banditry in the North-West.
“Conflict destroys lives, destroys livelihoods, and destroys hope and ambition for the future. Conflict represents an existential threat to Nigeria’s unity and its development.”
Beecroft explained that the use of the police and army would only be part of the solution, and called for greater emphasis “on reconciliation, mediation, arbitration, and access to justice – all vital components of a vibrant, resilient, and effective social contract.”
According to him, proliferation of small arms and weapons and the weaponisation of social media, are drivers of conflict and instability.
He called for job creation for young Nigerians “so they have a stake in a prosperous and peaceful Nigeria,” adding however, that “with the right commitment, dedications and support, there are solutions.”
Beecroft stated that the UK Foreign Commonwealth and Development Office recognised the important role the NGF plays in setting the peace and security agenda, and in building state and community level structures and institutions to reduce violence and respond to conflict and insecurity across Nigeria.
“The UK is pleased to have been able to support this initiative and is committed to continue working with the Nigeria Governors Forum (NGF) in advancing its peace and security agenda.
“The UK is engaged in supporting Nigeria to reduce violent conflict in a number of areas. We promote a regional response in the North East and Lake Chad Basin through our contribution to the Regional Stabilisation Facility (RSF) and delivery of programmes on peace building, humanitarian assistance, and protection of civilians, human development, good governance and accountability.
In his remarks, the former head of state and Chairman of National Peace Committee, Gen. Abdulsalami Abubakar (rtd), expressed worry over what he called “the instrumentalisation of violence,” noting that “violence has become a commodity in Nigeria.”
Abubakar, who was represented by Catholic Bishop of Sokoto Diocese, Bishop Matthew Hassan Kukah, said Nigerians are in denial of the diagnosis.
According to him, poverty is not the cause of violence in Nigeria, arguing that China has about 300 million unemployed.
The Chairman of the Nigeria Governors’ Forum (NGF), and Governor of Ekiti State, Dr KayodeFayemi, who spoke on behalf of his colleagues, noted that the spate of violence and coordinated criminal activities have undermined government authority, and waned public trust in recent times.
He attributed the current security crisis in the country to several factors, “including an oversized population that the government is unable to cope with, a large number of poor people estimated at over 40 per cent of the population who are living below $1 per day, and indeed, desertification which has affected over 60 per cent of Nigeria’s land, as drought and climate change has continued to aggravate land deterioration in the country.”
The NGF chairman also blamed the situation on proliferation of small arms and light weapons, which he said worsened and exacerbated the level of violence and fatalities.
He said, “between May, 2011 and February, 2021, over 76,000 deaths were reported.
“This number also includes persons who have been killed by a state actor.
“In addition to the proliferation of arms is an undertone of rising ethnic conflict, with different ethnic groups subsumed in conflicts and pitched against one another.
In his remarks, the NGF’s Director General, Asishana Okauru, explained that the launch forges a significant step in the life of the Nigeria Governors’ Forum as “we strive to build a nation where safety of lives and property is guaranteed.
“The Peace and Inclusive Security Initiative is a consequence of our determination to contribute to the conversation on inclusive security and add the leverage of the sub-nationals to the efforts to secure the lives and property of our country men and women.
“With the support of the Foreign Commonwealth and Development Office (FCDO), we have been able to set up the Peace and Security Desk at the NGF to help in driving the dialogue around keeping the country safe and bringing all State and non-State actors together around one table to frame a sustainable resolution to the series of security challenges confronting our national experiment.
“I can assure you of the commitment of states not only to the objectives of the PIS initiative but to sustainable peace in the country. The presence of some of our principals today is a testament to this commitment and resolve.”

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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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