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Crisis Of Good Governance In Africa Frustrates Sustainable Dev -Wike …Insists Promotion Of Social, Political Justice’ll Reduce Inequality, Insecurity

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Rivers State Governor, Chief Nyesom Wike, has re-emphasised the need for Nigeria and other African countries to break away from centralised and personalised system of governance in order to achieve enduring development in the continent.
Such sustainable development, he said, would foster economic inclusiveness, offer ethically sound and socially equitable services to every citizenry.
Wike made the assertion while delivering a lecture to the participants of the Executive Intelligence Course Fourteen (EIMC-14), of the National Institute for Security Studies in Abuja, last Wednesday.
The governor spoke on the lecture title: “Governance, Security and Sustainable Development in Africa: Nexus, Challenges and Prospects – the Rivers State Experience.”
The participants were drawn from 24 agencies in Nigeria as well as from countries in West Africa such as Gambia, Ghana and Liberia.
Course participants are officers from the military intelligence, security, para-military, law enforcement, regulatory and other Federal Government strategic agencies.
Wike said if the government system in Nigeria and the rest of Africa was not right, it would be difficult to achieve human security.
Such government, he stated, would continue to struggle under costly civil conflicts that threaten the wellbeing of citizens and the very existence of most Africa countries from within.
The governor wondered why a continent with enormous mineral deposits, large arable land, and favourable climatic conditions has its 1.3billion human population living below poverty line.
Wike said unemployment, especially among the youth, has remained troubling while per capital income, life expectancy, access to healthcare, education, water, housing and social security was abysmally low.
“No African state was able to meet the Millennium Development Goals (MDGs), while the Sustainable Development Goals (SDGs) may equally continue to be shifting targets.
“From a practical point of view, governance is the ability to exercise authority, political or otherwise, within a defined social jurisdiction to manage public resources to advance public interest and meet public needs.
“African states cannot continue to rely on over centralized and personalized forms of government lacking in true democracy, responsiveness, accountability, the rule of law and judicial independence, equity, social justice, and inclusivity and expect to achieve sustainable development.”
According to Wike, sustainable development is a veritable link between development and the environment since it offers an alternative development strategy to improve the living conditions of human population without degrading the environment.
Wike, however, noted that the development path in African has largely been more of disappointments because the majority of the continent’s population was unable to enjoy sustainable access to improved and equitable economic, social, cultural and political conditions.
“This being so, governance is about management and performance; the ability to make and implement decisions and policies to advance social progress and because the expected outcome of governance is to improve human conditions, governance is often seen as the foundation of development.
“However, governance by itself does not guarantee human progress. What does is good governance, which among other things, reflects participation, inclusiveness, responsiveness, effectiveness, accountability, equity, rule of law and respect for human rights.”
Speaking about the governance situation in Nigeria, Wike decried the centralization of power and the lack of fiscal decentralization in the country.
These, he said, have poorly affected the functioning of the sub-national states and local government areas.
“(These have) resulted in poorly functional sub-national states and local government areas, which are largely detracted by resource-dependency, chronic budget shortfalls and institutional limitations to deliver on their responsibilities for economic growth and provision of infrastructure, education, healthcare, employment generation and food security and improve the wellbeing of the citizens.”
Wike pointed out that when he assumed office in 2015, Rivers State was on the verge of bankruptcy, because the government was owing workers’ salaries and contractors for upwards of eight months.
According to him, there was also the lack of effective governance because the state House of Assembly and the courts have been shut for nearly two years.
What that potent, he said, was disregard for the consequences on the rule of law, peace and security including the growth of the state’s economy.
Wike pointed out that his administration has pursued well-defined, people-centred and comprehensive approach that fostered good governance in Rivers State.
Six years into governance, Wike said, his administration has delivered and built a new Rivers State, and addressed the thematic issues of good governance, security and sustainable development to the best of its capability.
“We were perhaps the first state to ensure the practical independence of the Judiciary at the subnational level under the present democratic dispensation.
“We also intervened in providing the necessary conducive environment for both arms (of government) to operate in dignity with modern and comfortable courts to improve access to justice in the state. We also attended to the wellbeing of judicial officers by providing them with official vehicles and life-long accommodation as a matter of legal right.
“Arguably, no government in history has invested as much as our government to rebuild, strengthen and reposition the institutions of governance without which the rule of law, access to justice, protection of human rights and effective governance and delivery of sustainable development cannot be achieved.”
The governor maintained that the Rivers’ economy was stimulated to grow having pragmatically implemented various reforms of economic policies, which have created and opened up the state to trade and investments.
According to him, the debt burden was reduced, a transparent and payer-friendly tax system introduced, and strengthened legal right to property, that included the prompt issuance of certificates of occupancy.
“We also ensured the massive provision of socio-economic infrastructures, including roads and markets to stimulate combination, trade and exchange of goods and services in the state.
“As a result of our efforts, our economy continues to enjoy stronger growth, attracting new investments while the small and medium-sized businesses are on the upsurge creating employment for our people, reducing poverty and generating revenue for the government with which government is funding physical and human capital development to advance sustainable development.”
Wike stated that as a government, his administration has worked to strengthen the transformational power of education that is made available to Rivers youths.
Accordingly, he said, the youths have continued to access knowledge, build skills and values that they need to be imaginative, creative, and be productively competitive and be self-reliant.
Wike said good governance anchored on the rule of law has placed the state ahead of other states in all sectors including making Rivers safer for all residents.
The Deputy Commandant, National Institute for Security Studies, Mr. Dedacos Egbeji, commended Wike for the insightful lecture.
He insisted that for Africa to overcome her security challenges in order to achieve sustainable development, it was imperative for her to embrace good governance in all ramification.

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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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