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Stakeholders Hail Lowering UTME Cut-Off 

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Stakeholders in the education sector in the North-East have said that continuous lowering of Unified Tertiary Matriculation Examination (UTME) cut-off mark would encourage competition and educational development in the country.
The Joint Admissions and Matriculation Board (JAMB), heads of tertiary institutions of learning, and other stakeholders on July 21, adopted 140 cut-off mark for admissions in the 2022/2023 academic session.
The Board adopted 140 as the minimum cut-off mark for admission into universities and 100 for polytechnics and colleges of education, respectively.
Some of the stakehokders who spoke in Bauchi, Damaturu,  Dutse, Gombe, Maiduguri and Yola, described the move as a welcome development, saying it would provide level playing ground for candidates seeking admission into universities and other institutions.
While others dismissed it as inimical to sustainable development of tertiary education in the country.
A Lecturer in the Department of Sociology Science, University of Maiduguri, Mr Mubarak Tanko, said the lowering of the cut-off mark would not affect the Post-UTME test prepared by the institutions.
He said the institutions were allowed to set their own cut-off mark, the least score which any candidate must obtain to enable him to qualify for the Post-UTME screening.
“Institutions are not allowed to set their admission cut-off mark lower than the JAMB 140 benchmark.
”This means that no public university is allowed to set its Post-UTME admission cut-off mark lower than 140 but they have the right to set it above 140. The same applies to polytechnics and Colleges of Education.
“Competitive schools will likely set their admission mark above the minimum 140 cut-off mark, especially those with high number of applicants, they might set their cut-off mark at 200 and above,” he said.
According to him, the 140 cut-off will avail candidates who score below 200 to get admission in less competitive universities across the country.
In the same vein, Shareef Bunu, an Official of the Nigerian Union of Teachers (NUT) in Borno, said the UTME score was not the sole determinant of the placement of candidates into tertiary institutions.
He that admission is based on other parameters such as  Post-UTME, A’level qualifications, O’level grades and physical test.
“JAMB gave the institutions free hand to consider any score they deem fit for their candidates,” he said.
Bunu opined the action would give candidates with lower mark to compete favourably and eoacademic excellence.
Also, Mr Idriss Muhammad, a resident of Bauchi, commended JAMB for the gesture, saying it would enhance access to quality tertiary education in the country.
“The 100 cut-off mark for COEs is too low considering the fact that those that will be admitted were potential teachers.

“You are now sending those with very poor performance to colleges and you expect them to become teachers in the future”.

Also, Prof. Salisu Rakum, former Dean, Faculty of Education, Federal University of Kashere (FUK), said that lowering of the cut-off would have adverse effect on the education standard in the country.

He said the trend would make students less committed to their studies thereby affecting their academic performances.

“COEs as potential teacher training centres needed best and competent hands because, the future of every career is in their hands,” he said.

Chairman, Academic Staff Union of Universities (ASUU), Federal University Dutse chapter, who corroborated earlier opinion said the trend would further deteriorate tertiary education in the country.

According to him, the action would produce poor quality graduates who could not compete with their contemporaries across the globe.

Lecturers, he said would find it difficult to train such students since they lack prerequisite requirement and capapacity for advance education.

He said the trend if continued unchecked would made Nigeria to be perpetually dependent on expatriates, especially in medicine, engineering and other specialise fields.

The ASUU official further identified poverty, corruption and poor standard of living, lack of computer literacy or access to ICT as some of the obstacles towards achieving good performances in the UTME.

“Such graduates will find it difficult to secure job in future because they cannot compete with those abroad,” Yusuf said.

Bashir further stressed the need for collective approach to address the root cause for students’ poor performances in the UTME to enable them get the required mark for admission in tertiary institutions of Learning.

Similarly, a lecturer at the Modibbo Adama University (MAU), Dr Mahdi Abba, Yola in Adamawa, said candidates seeking admission into universities should be subjected to academic rigour and competitive entry examinations.

On her part, Mrs Fatima Abubakar, a Lecturer, Computer Department, Federal Polytechnic Bauchi, attributed the low students’ performances in the UTME to the falling standard of basic and post-basic level of education.

She said the basic education level was comatose due to lack of qualified teachers to impart relevant knowledge and skills in their students.

She further blamed school authorities for not adhering to syllabus as well as interference of parents and guardians in ensuring prospering education and discipline of their wards.

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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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