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Wike Intervenes In Ula-Ehuda, Julius Berger Dispute

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Hope for the speedy completion of the dualisation of Ahoada-Omoku highway has been rekindled, following the intervention of Rivers State Governor, Chief NyesomWike, in the face-off between Ula-Ehuda community and the Julius Berger, the construction company handling the project.
Wike, who visited Ula-Ehuda, yesterday, to assess the progress of the ongoing construction work and to settle the disagreement between the community and Julius Berger, advised youths in the community to learn how to channel their problem appropriately to the government.
The governor, who was accompanied by the Rivers State Commissioner of Works, Dr. Dakorinama George-Kelly; former Deputy Speaker, House of Representatives, Rt. Hon. Chibudum Nwuche; Deputy Speaker, Rivers State House of Assembly, Rt. Hon. Ehie Ogerenye Edison; the Peoples Democratic Party (PDP) standard bearer in Rivers State, Sir Siminialayi Fubara; and others, said his administration takes exception to disruption of construction work in any part of state.
He admonished community leaders in the state, irrespective of their political leanings, never to politicise the issue of development, as this could be detrimental to the progress of their people.
“I tell people: don’t be a curse to yourself. And I’ve always told people too: don’t bring politics in the development of a place. If you bring politics, you’ll suffer it. None of you put pressure on us to say we must dualise this road.”
The governor explained that his administration took the decision to dualise the road in recognition of the fact that it would promote access to economic and social services, generate increased agricultural incomes and productive employment opportunities and reduce poverty in the state.
Wike, who urged the community to support the state government’s effort to improve infrastructure in the area, cautioned that government would, henceforth, not tolerate any disruption of the ongoing dualisation work.
“If you have problem, channel your problem appropriately. But don’t come and begin to use your young boys and young girls to stop the road construction.”
The governor assured the community that the concerns raised would be adequately addressed, adding that the government would not allow anyone or group of individuals to derail the progress of the area.
“We have come to open up your community to be like a city, and you want to send your community backwards, it will not work. Support us to do what we are doing.”
Earlier, the Chairman,Ula-Ehuda Community Development Committee, Monday Princewill Evergreen, thanked Wike for the project, and appealed for the inclusion of drainage in the Ula-Ehuda section of the Ahoada-Omoku highway.
“We are grateful that you brought this project to our community, not just our community, Ahoada East. For long, we had envisaged that this road will be dualised and constructed. It was until you came that that dream was realised, and the community and the entire people of Ekpeye are eternally grateful to you.”
Earlier, the Rivers State Commissioner for Works, Dr. George-Kelly D. Alabo, had advised some protesting youths at the Ula-Ehuda axis of Ahoada-Omoku Dual Carriageway to shun obstructive means of demonstration at the project site, because if the project,was not completed as a result of their actions, the people of the area would be the ones to lose and not Julius Berger.
George-Kelly advised them to allow the construction giant to continue with their work while he makes an arrangement for a round-table talk between all parties involved to find an amicable solution to the contentious issue on drainage before the end of the week.
Residents of Ula-Ehuda in Ahoada East Local Government Area were addressed by the commissioner, who was accompanied by the Chairman of Ahoada East Local Government Council, Hon. Ben Eke, to inspect the Ahoada-Omoku Dual Carriageway project, last Tuesday.
“I am not here to blame anybody but to solve a problem. I am here to provide a solution that will be good for the community, the government, and the contractor. If we must tell ourselves the truth, stopping them from working will not solve the problem, it would even put you at the disadvantaged end because if this project is not completed, it is the people of this area that will lose, not Julius Berger.
“Please, do not make the mistake some youths of a particular local government area made. They stopped two projects of the state government in their area over frivolous demands, the state government made several attempts to persuade them to allow the construction of the projects to continue, like I am doing now, but they refused. Contractors left sites, and the projects were abandoned. Two years after, the contactors are yet to resume work for excuses of community disturbances. When the contractors eventually go back to sites, the projects may become more expensive for government, given the current fluctuations.
“The best thing to do now is to allow the contractor to finish the initial scope of the project first.Maybe, before the commissioning, you can make this other demand, and we will forward same to the governor. Please, realise that even in your demands, due process has to be followed.
“I am appealing to you to allow them complete this work on schedule so that it can be commissioned by or before December. By Friday this week (yesterday), I’ll be having a meeting between the ministry, the council chairman, representatives of Julius Berger, the project CLOs, and Ula-Ehuda community leaders. I will like the community to include, at least, two indigenous civil engineers in their delegation so that they can understand and interprete to you some technical details that would be discussed in the meeting,” the commissioner added.
Also, the commissioner inspected the 8.020km Akpabu-Itu-Omudioga Road project, phase 1 in Emohua Local Government Area.
Checks show that asphaltic binder course had been completed for the entire road length and 700m asphalt wearing course had been done so far.
The project is 75percent completed and in progress.

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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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