Connect with us

Featured

Nigeria, Suffering From Leadership Failure, Wike Affirms

Published

on

Rivers State Governor, Chief Nyesom Wike, has said that it was regrettable that 61 years after Independence, Nigeria was still grappling with leadership challenge.
The governor pointed out that because of such leadership failure, Nigeria was now at a point in its history needing God more than ever.
Wike made the assertion at the Interdenominational Church Service organised in commemoration of the 61st Independence Anniversary of Nigeria at the St. Paul’s Anglican Church in Port Harcourt, yesterday.
The governor stated that there was hardly anything for Nigerians to celebrate as the country marks 61st Independence anniversary because its leadership continues to entrench hatred, mediocrity, promote ethnicity and religion.
“This is the time that Nigeria needs God more. The country is gone. Insecurity everywhere! Everyone needs to say God; we need you because man’s leadership has failed this country.”
The governor noted that, perhaps, the only thing Nigerians can boast of celebrating was the existence of the name, Nigeria.
“At 61 years, Nigeria is full of enmity, full of divisions, hatred, and ethnicity: A country that cannot put itself together.
“Everybody has responsibility; so, ask yourself questions, have I done my own part?”
Wike also observed the sorry state of Nigeria, and said at 61, it was far removed from being a country that can compete favourably with prosperous countries of the world, given its abundant resources.
The governor bemoaned what has become of the nation’s Legislature that continues to approve anything for the Presidency, and not minding the consequences.
He also decried how the nation’s Judiciary has succumbed to intimidation because its judges have abandoned their responsibilities out of fear, and wondered what fate Nigerians would have under such seeming tyrannical atmosphere.
“We cannot do the right things. Other countries are talking about how their elections will be transparent; we are talking about how we will rig the election in 2023.
“Simple thing, transmit election results electronically to show transparency, that really that the person you’re declaring won the election but we are afraid.”
“Where is the Legislature? A Legislature that cannot think, a Legislature, anything they bring is right, a Legislature that cannot say that Nigeria has nothing to regret from conducting free and fair election.
“A Legislature that you’ll close your eyes, anything they bring, about borrowing, you say borrow. A Legislature that cannot say that this money we are borrowing, where is it? Where are you applying it? You have no confidence to ask questions.
“The courts have been intimidated. The judges have abandoned their responsibilities out of fear. You’re seeing something that is wrong, but because you will be summoned in the night, you abandoned your responsibility.”
Wike also blamed the woes the country has suffered on all Nigerians who have refused to do the right things, but rather allowed the wrong things to be perpetrated in all facets of the society.
He noted how ascendancy to leadership was no longer by merit but by ethnic affinity and religious consideration, even when such persons do not have the capacity required to function in such offices.
Speaking further, Wike berated the church leadership over the inordinate dressing of a young man that he saw in the church, and attributed such sight to lack of enforcement of discipline in the church.
In his sermon, Bishop of the Diocese of Niger Delta North, Rt. Rev. Wisdom Ihunwo, noted that only foolish people despise God and attribute their successes in life to personal efforts and ingenuity.
Ihunwo said such foolish people abound in Nigeria because they have hearts of corruption, treat humanity with disdain and delight in doing abominable things and divert public funds for personal use.
According to Ihunwo, it was baffling that despite having leadership over the country, there was unabated spree of killings, a seemingly thriving kidnapping business with some officers of the military killed without drastic measures taken to return Nigeria to the path of sanity.
While charging the church to rise to speak courageously against wickedness in the land, Ihunwo declared the judgement of God upon the sponsors of such killings and kidnapping that have put Nigeria in a pitiable state that its people cannot celebrate independence of the country at 61 years.
Special prayers were said at the service for God’s favour and grace upon Nigeria and its leaders, Rivers State Executive Council, Judiciary and the Legislature, for the governor and his family, as well as the church and its leaders.

Featured

INEC To Unveil New Party Registration Portal As Applications Hit 129

Published

on

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.

 

 

 

 

Continue Reading

Featured

Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business 

Published

on

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.”

 

 

 

 

Continue Reading

Featured

Senate Issues 10-Day Ultimatum As NNPCL Dodges ?210trn Audit Hearing 

Published

on

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.

 

 

 

Continue Reading

Trending