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Fuel Scarcity: Be Patient, Solution Underway, Minister Begs Nigerians …As 25 CSOs Seek Resignation Of Kyari, Ahmed

The Minister of State, Petroleum Resources, Chief Timipre Sylva, yesterday, begged Nigerians to exercise patience over the tortuous challenge of petrol scarcity, assuring that efforts were on to end the problem and avoid a repeat of it.
Sylva’s apology was contained in a statement signed by his Senior Adviser, Media & Communications,Horatius Egua.
The minister reckoned that Nigerians in recent weeks have grappled with fuel scarcity, not because of the absence of supply of products but due to inspection failure and regulatory negligence, which allowed adulterated products into the country.
“This is regrettable, and the Federal Government sympathises with the citizenry over the unforeseen hardship, occasioned by the inevitable scarcity. Let me once again appeal to Nigerians to be patient with the government in finding lasting solutions to the crisis.
“We appreciate the NNPC for showing so much concern to the plight of Nigerians by coming forward with an apology. This is unprecedented and shows that we on the government side are not afraid to take responsibility. The Midstream and Downstream Petroleum Regulatory Authority has been out on the streets, filling station by filling station to ensure that the situation normalizes quickly and we are beginning to see the fruits of their efforts”, Sylva stated.
He added that while the ugly development (scarcity) was regrettable, it is a time that calls for collective action to save a situation that was not foreseen.
“It is not a time to trade blames as is customary in Nigeria. It is therefore not a time to query anyone but a time to come together to salvage the plight of the average Nigerian.
“After the storm settles there will be time enough to investigate and get to the bottom, so that this does not repeat itself.
“Mr. President’s charge to all parties and agencies concerned is to work together to ensure that normalcy returns quickly. The Nigerian people deserve the best and President Muhammadu Buhari’s government is determined to set the country on the right path of petroleum products availability and sustainability, as demonstrated in the award of the contracts for the rehabilitation of all our refineries and the acquisition of stake in the Dangote Refinery. Let us as Nigerians stand shoulder to shoulder in our shared quest for a greater country”, the minister added.
However, it was observed, that fuel queues have substantially thinned out in various parts of the Federal Capital Territory (FCT), yesterday.
The development seems to be a confirmation of government’s assurances that fuel queues would gradually disappear from the weekend when 3.2billion litres of safe petrol imported is injected into the domestic market.
A lot of filling stations that were hitherto out of stock for weeks were seen selling petrol to motorists.
From Kubwa to Maitama and the Central area, queues that hitherto snaked close to a kilometre had shrunk to just a few metres.
An NNPC source disclosed that the queues will eventually disappear within this week when more oil marketers take delivery of the right specification of petrol.
The development is a soothing relief to the two weeks of product scarcity nightmare motorists and consumers have been subjected to.
It was observed that consumers preferred patronising outlets of major oil marketers for fear of not buying remnants of contaminated petrol.
Excited motorists, who spoke with newsmen, hoped the situation was improved for good, so they can stop sleeping in filling stations to buy petrol.
But in Port Harcourt, the situation has not shown any sign of abating, as most filling stations had their gates completely shut to customers, yesterday.
Some of the major stations, TOTAL, CONOIL, LIQUID BULK, RESTOPARK, OANDO, MRS, ETERNA OIL, and many others on Port Harcourt-Aba Road, Rumuomasi-Elekahia Road, Old Aba Road, were not open to customers.
Some motorists, who spoke to The Tide, complained that they were having a hard time trying to source for fuel to keep their vehicles on the road.
Meanwhile, no fewer than 25 civil society organisations of northern extraction under Coalition of Concerned Northern Forum, yesterday, called for the resignations of the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari; and the Chief Executive Officer of Nigeria Midstream and Downstream Petroleum Regulatory Authority, (NMDPRA), Farouk Ahmed over lingering fuel crisis across the country.
The coalition, which drew strength from members within and outside the country, condemned the current scarcity of petroleum products across the nation which has subjected Nigerians to avoidable social-economic crises.
To this coalition, the said scarcity was aimed at embarrassing the current administration by its enemies and unpatriotic elements within the government.
In a statement, the Chairman and Spokesperson, Concerned Northern Forum,Ibrahim Bature;and Abdulsalam Mohammed Kazeem; respectively, asked the Federal Government to identify all households and motorists in the north who have been affected by the adulterated product imported into the country a few weeks ago before the recall.
According to them, “NNPC in connivance with un-recognised, un-licensed or faceless importers and relevant agencies that have to do with the importation of petroleum products are dragging us backwards due to their deliberate errors.
“NNPC’s quality inspection unit which comprises GMO, SGS, Geochem and G&G did not conduct any test before the said products were discharged.
“The above units are saddle with the responsibilities of ensuring that the products are not above our required standard, yet the same unit has up till date equipment at her disposal with adequate funding for such tasks.
“Therefore, the NNPC’s GMD, Mallam Mele Kyari, and the Chief Executive Officer of Nigeria Midstream and Downstream Petroleum Regulatory Authority, Engr. Farouk Ahmed, should tender their resignation with immediate effect for negatively breaking the record of the current administration over persistent fuel scarcity.
“NNPC management should make public genuine and comprehensive names of those involved in this national scandal and embarrassment”.
The coalition, however, threatened to occupy all NNPC zonal offices and its subsidiaries across the northern region and the FCT if its demands were not met in the next three working days.
“This is not just a mere threat, we will follow up with full action after the expiration of our ultimatum and this will serve as a litmus test on the part of the government on its fight against corruption and indiscipline”, the coalition said.
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Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business

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

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

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.”