Connect with us

Featured

PDP Must Resolve Crisis To Win 2023 Polls, Wike Insists …Urges Dredging Of Rivers Benue, Niger To End Sufferings Of Nigerians

Published

on

Rivers State Governor, Chief Nyesom Wike, has again urged the national leadership of the Peoples Democratic Party (PDP) to do the right thing, if the party must win the presidential election in 2023.
The right thing, Wike insisted, was the resignation of Senator Iyorchia Ayu as PDP national chairman, in order for a southerner to occupy the seat within the principle of equity, fairness and justice.
Wike restated his position during a live interactive media chat in Port Harcourt, last Friday.
He emphasised that any leader of a group who causes crisis within the group that he leads, truly lacks the requisite skills to navigate affairs of such group.
“This is the time to show leadership skill on the part of those who are leaders of the party. Alhaji Atiku Abubakar is the presidential candidate. He is the one who feels the pain.”
Wike made reference to the party’s Constitution that spells it out in Section 7 (3) (c) that all political and elective positions must be zoned.
He wondered why it was now so difficult for Ayu to respect the Constitution or even keep to his promise and quit the office, if a northern was elected as PDP standard bearer.
“We have not held the presidential primary before the national chairman of the party said if the presidential candidate emerges from his area, he will quit.”
Wike also accused Ayu of collecting N100million, first from a certain governor to renovate the party’s democratic institution, and later went to PDP National Working Committee (NWC) to collect exact amount for the same purpose.
The governor also dared Ayu to deny the allegation.
“In fact, let me also tell you, Ayu collected N100million from a governor that he was going to renovate our democratic institution, and then, he went back to the PDP NWC, and took the same N100million for doing the same work.”
He further added, “What kind of system is that? I am telling you all these are facts. Let him (Ayu) say ‘no’ first, and I will tell you (those he collected money from).”
The Rivers State governor pointed to the importance of the mission of rescuing Nigeria expected of the PDP by Nigerians.
But the mission, he said, required a leader with proven integrity to lead the party.
“For God’s sake, knowing that you are in a party that wants to take over the reign of governance in the country, we know Nigerians know the problems confronting the country.
“If a leader does not have integrity, forget it. We need a man who will tell his people this; a man who will be firm, a man who will be courageous to do those things that even people find it difficult to do.
“You are presenting a man who is the head of the party, the chairman of the party, who has no integrity to lead the campaign to take over the reins of governance.”
Wike explained that the chairmanship position of the party should go to the South before the elections.
According, if Alhaji Atiku Abubakar wins in February presidential election, the hawks around him won’t wait until May to take major decisions.
“Who is there to decide for the South? Why will you tell me until when you finish election that’s when a southerner will emerge as chairman?”
Wike described as untrue the report in the media that some former PDP governors, including Dr Peter Odili, were sent to him to resolve the crisis in the party.
Speaking further, Wike decried the perennial flooding experienced in parts of the country as a result of lack of initiative on the part of the Federal Government to dredge the River Benue and River Niger, respectively.
Wike asserted that one way of solving the ravaging yearly flooding situation, is to pay attention to the sources of water flow and end the suffering of Nigerians who become impacted every year.
“I asked what is this problem that we can’t dredge River Benue and River Niger? Each time I fly over Benue, the sight makes me cry. We won’t have had so much problems to this extent, if we dredge them.
“But the politics, I do not know. Who is interested for River Benue, River Niger not to be dredged, and that has caused so much hardship for our people.
“How can government from time refused to dredge the rivers and I heard, sometime, that they awarded the Calabar River. What happened, where is the money?”
Wike imagined why the Federal Government would award an all-important contract like the dredging of Calabar River and would not demand its execution, even when communities continue to suffer from such negligence.
The governor also informed that the taskforce on flood set up in the state was directly supervised by him to ensure that the impacted victims directly benefits from the relief materials that they would eventually require.
He dismissed insinuation that Sir Celestine Omehia was derecognised as ex-state governor of Rivers State by the state lawmakers because he is supporting Atiku.
According to him, the lawmakers took their decision based on Supreme Court judgement that sacked him.
Wike dismissed claim by the management of Africa Independent Television (AIT) that the company acquired the land from the state government.
According to him, when the state House of Assembly started deliberation of the land, AIT until date failed to provide any letter of allocation to claim ownership of the land that was supposed to house its regional office in Port Harcourt.
Wike also mentioned that he desired to construct a ring road that is estimated to cost N70billion.
The road, he said was planned to start from Okrika Town axis through Eleme to the Port Harcourt International Airport and terminate at Choba town.
He stated that since the tenure of his administration would end in May, 2023, he would recommend to the incoming administration to execute the project because of its importance.
The Rivers State governor said the appointment of 50,000 Special Assistants by him has provided jobs opportunity for the affected persons.

Featured

Tinubu Signs Four Tax Reform Bills Into Law …Says Nigeria Open For Business 

Published

on

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.”

 

 

 

 

Continue Reading

Featured

Senate Issues 10-Day Ultimatum As NNPCL Dodges ?210trn Audit Hearing 

Published

on

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.

 

 

 

Continue Reading

Featured

17 Million Nigerians Travelled Abroad In One Year -NANTA 

Published

on

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.”

 

 

Continue Reading

Trending