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My Successor’ll Defend Interest Of Rivers’ People, Wike Assures …Flays FG’s Policy On Stimulation Of Economy …Kicks Off Consultation For Next Gov …As Fintiri Inaugurates Ezimgbu Road

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Rivers State Governor, Chief Nyesom Wike has said he would make sure his successor is someone who would defend the interest of the state.
Wike stated this during a birthday party organised for him by his wife, Justice Eberechi Suzzette Nyesom-Wike in his private residence at Rumuepirikom, Obio/Akpor Local Government Area of Rivers State, last Monday night.
This is even as the governor has insisted it was now obvious that the Federal Government was not interested in revitalising the nation’s economy because its programmes on stimulation of the economy have failed on all fronts.
Wike stated that if the development of infrastructure was one way to stimulate the economy, then the Federal Government’s approach to the development of such critical infrastructure should be apolitical.
Speaking at the birthday party, the governor disclosed that he had directed elders and leaders of the Peoples Democratic Party (PDP) in Rivers State to begin the search for someone with capacity and passion to defend the interest of the state to succeed him.
“I have dedicated this my birthday to make sure that whoever that is going to succeed me will be for the interest of the Rivers people, will be for the interest of the development of Nigeria.”
Wike, who narrated how he was hoodwinked to attend the birthday party that was secretly organised by his wife at his sports complex, thanked God for granting him a fruitful and eventful life.
He expressed profound gratitude to the Adamawa State Governor, Rt. Hon. Ahmadu Umaru Fintiri, the wife of Oyo State Governor, Mrs. Tamunominni Makinde, and other dignitaries for gracing the occasion.
The governor urged people to continue praying for God’s grace to abound to him and his family on all sides.
The wife of the Rivers State Governor, Justice Eberechi Suzzette Nyesom-Wike, thanked God for His steadfast love towards Wike.
Justice Nyesom-Wike, who showered encomium on her husband, prayed God to grant him his heart desires as well as long fruitful life.
Earlier, there was a novelty football match between Teams A and B of ex-Nigerian international footballers comprising of Austin Okocha, Taribo West, Finidi George, Kanu Nwankwo, Joseph Yobo, Daniel Amokachi, Augustine Eguavoen, Victor Ikpeba, Tijani Babangida, Samson Siasia, among others.
However, Rivers State Governor, Chief Nyesom Wike said that it was now obvious that the Federal Government was not interested in revitalising the nation’s economy because its programmes on stimulation of the economy have failed on all fronts.
The governor made the assertion at the inauguration of the Ezimgbu Road that was performed by the Adamawa State Governor, Rt. Hon. Ahmadu Umaru Fintiri, last Monday in Port Harcourt.
Wike stated that if the development of infrastructure is one way to stimulate the economy, then the Federal Government’s approach to the development of such critical infrastructure should be apolitical.
The governor pointed to the deplorable condition of the Lagos-Ibadan Road that was so important to the nation’s economy and growth of interstate and regional business activities.
“Let me say something very clearly. When government say they want to stimulate economy and you wonder how are they going to stimulate and make the economy to grow? This morning, something came to my mind, and I said what a country is this?
“Look at a road like Lagos-Ibadan Road, which is an important road in this country, cannot be completed by the Federal Government. They bring politics and ethnicity in everything we are doing.
“So, how do you stimulate the economy when a road like that cannot be completed until now? Look at the road leading to the (Port Harcourt) Refinery, the seaport at Onne, up until now, the Federal Government cannot complete it. How do you stimulate the economy?”
Wike also noted that the Anchor Borrowers’ Programme of the Federal Government, which gives money to farmers, has not been implemented to yield desired impact.
The governor said it was not enough to go on media to announce how much has been expended in prosecuting those initiatives, if there are not commensurate evidence.
“And then you hear trillions of Naira being budgeted for, you see people talk about giving N200billion to Anchor borrowers, Anchor leaders, to anchor this and that. We have no problem about giving money to agriculture. What we are saying, having given out this money, what is the impact?
“You’re saying that we don’t want more importation, we have no problems. We are in support of it. But having stopped importation, what is the fate of the ordinary Nigerians. Is the food there? If the food is there, is it cheap?
“So, the availability is not there, the cost is high, so what is the whole meaning of encouraging our farmers to produce. The whole money you have given what is the impact it has created?
“So, we should not be deceiving people. We should tell people we are able to do this and we did it. This (federal) administration is doing nothing to improve the life of the citizens.”
Speaking further, Wike said he has told some leaders of Rivers State, who paid him a birthday visit, that the process of consultation for the next governor of the state has begun.
Wike reiterated that no candidate would be imposed on the party or Rivers people, and also urged any member of cabinet nursing governorship ambition to be at liberty to resign.
“This morning, our leaders came to me to wish me happy birthday. I told them thank you and that I also have a birthday gift for them. I told them, you know I’m leaving, now, we have to start consultation for who takes over.
“And I told them, let nobody go and spend his money because after the consultation, we will all sit down and say this is the person we think that should continue where we have stopped.
“So, the issue of who is going to take over from me, the process has started and it has stared today being my birthday. But what is important to us, like I have always said, we are not going to impose anybody.”
Wike stated that it is important that the Independent National Electoral Commission (INEC) continues to ensure that elections are free and fair.
According to him, if not for the courage to rig election, why will anybody in Rivers State be gearing up to campaign for election on the platform of another party instead of the PDP, saying that whatever their plans are, they will fail.
Performing the inauguration, the Adamawa State Governor, Rt. Hon. Ahmadu Umaru Fintiri noted that he had always known Wike as a man who has instituted a culture of commissioning projects in Rivers State for the use of the people.
Accorded to him, it is from Rivers State, under Wike, that they have all learnt that one can deliver on multiple projects and dedicate a whole month to commissioning them.
“As recent as April this year, so many projects were commissioned in the state and today, instead of receiving birthday gifts from the Rivers people, he has decided to celebrate his birthday in a grand style by giving Rivers people a carnival of commissioning.”
In his welcome address, Chairman, Obio/Akpor Local Government Area, Barrister George Ariolu, congratulated Wike on the occasion of his birthday anniversary, and commended the governor for the completion of the Ezimgbu Road, which he described it as a fulfilment of project promised.
He stressed that the construction of the dual carriage road would boast businesses around the area as well as enable them gain more in terms of man-hour.
On his part, the Mayor of Port Harcourt City Local Government Area, Allwell Ihunda said the construction of the road was a clear demonstration of Wike’s policies to rebrand all the roads in Port Harcourt and Obio/Akpor, while expressing gladness over the numerous projects executed in the state.
Rivers State Commissioner for Works, Hon. Elloka Tasie-Amadi said the dualised Ezimgbu Road is 7.3meter wide on both sides with a median of 0.5meters and bordered by drains on both sides with sidewalks.
Tasie-Amadi pointed out that not only has the reconstruction of the Ezimgbu Road saved travel time for commuters, it has also afforded property owners enhanced value on their property and accessibility.

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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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