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Wike Rues FG’s Failure To Deliver On East-West Road …Says RSG Creating Alternative Routes For People, Businesses

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Rivers State Governor, Chief Nyesom Wike, has said that his administration was deliberately creating new roads through Woji and Eleme Towns into Onne Oil and Gas Free Zone (OGFZ) to encourage substantial industrial activities and advance Rivers economy.
Such roads, Wike listed are the new 10.3kilometre Indorama-Agbonchia-Ogale-Ebubu-East-West Link Road; the 6.5kilometre dual carriage Woji-Aleto-Alesa-Refinery Road, the reconstruction of the 7.2kilometre-long Alode-Onne Road, and 3kilometre Alode internal roads.
Wike spoke at the flag-off of reconstruction work on the 7.2kilometre-long Alode-Onne Road and 3kilometre internal roads, yesterday, which was performed by the former governor of Cross River State,Donald Duke, in Alode town of Eleme Local Government Area.
The governor said Eleme council serves as the economic hub of Rivers State, adding that everything was being done to attract more investors while encouraging already existing ones.
The governor stated that the efforts of his administration were deliberate, as the government was determined to open up the area more.
He expressed the hope, that someday soon; the Federal Government would awaken to its responsibility and respond to the urgency to rehabilitate the deplorable East-West Road.
“This is the economic hub of the state; therefore, everything must be done to make sure more economic activities are attracted here. Opening all these roads will, of course, give the companies the hope that one day, the Federal Government will remember the East-West Road.”
Wike thanked Eleme people for the sustained support to his administration since 2015, and their trust on political leaders of the Peoples Democratic Party (PDP) they nominated to work with him.
The governor pointed to how selfless their leaders have been by working assiduously to attract development to the area, and not being content with personal aggrandizement.
Wike reiterated his conviction on the need for the people to use whatever privileged position they have to work for the betterment of the people and communities they represent.
The governor remarked that the likes of the Commissioner for Finance, Budget and Planning, Hon Isaac Kamalu; and Senator OlakaNwogu; among other leaders, were behind some development projects attracted to the area.
With proof of such democratic dividend, Wike said, Eleme people would listen to their leaders when they come to tell them who to vote in the 2023 general election.
Wike emphasised that their sons, particularly a former Nigerian ambassador to The Netherlands and a chieftain of the All Progressives Congress (APC), Hon Orji Ngofa, failed to attract democratic dividends to his people despite the fact that he served the Federal Government and was close to the former minister of transportation, ChibuikeAmaechi.
“Look at the only seaport (Onne) we have that is employing our youths.While we had a minister of transportation and Orji was an ambassador, what happened? They killed our seaport.”
Performing the flag-off, former governor of Cross River, Donald Duke, noted that despite the heightening political activities, Wike has not abdicated governance.
Duke said it takes a man who loves his people and desire the gains of development for them that would set out 23 more days to flag off more projects at the twilight of the administration.
The former Cross River State governor acknowledged that Wike had developed Rivers State tremendously and secured the peace, which had made it liveable for all Nigerians.
Duke regretted that in Nigeria, critical roads to connect seaports to industrial companies were not constructed and maintained.
Such bad culture, he pointed out, frustrates evacuation of goods to the market and for export, thereby making the country lose massive revenue.
“Unfortunately, there’s a complete disregard for the critical sectors of our economy. That you cannot have ingress or egress out of Eleme is a sad thing to say. Ordinarily, this should be a national concern. You can’t cut your nose to spite your face.
“This is what Nigeria does all the time. Forget the politics, forget what party is leading. Forget who the governor is, but you get massive revenues from the investments that are in these areas, and you ignore evacuation.”
Duke expressed optimism that with the massive investment in roads and other critical infrastructure in Rivers State, which ironically was not the richest in the country, it would soon emerge the industrial heartbeat of the nation.
“If each state had done something to the extent in which they can, and this state is not the richest state in Nigeria. There are states that get a lot more, but you can’t see it. You have to really strain your eyes to see what they’ve done with their resources.”
Providing the description of the project, Rivers State Commissioner for Works, Dr George-Kelly DakorinimaAlabo, said the reconstruction of the 7.2kilometre-long Alode-Onne Road and Alode internal roads were symbolic and of serious economic importance to the state.
George-Kelly stated that the Alode-Onne Road, which measures 7.2kilometres-long, 10.3meters wide with drains of 900 by 900millimetres depth of 150millimetres wall thickness, and 150millimetres base thickness, would create alternative route from East-West Road to promote ease of doing business.
According to George-Kelly, the Alodeinternal roads were 11 in number, measuring 3kilometres in length, of 7.3meters wide with drains on both sides.

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INEC To Unveil New Party Registration Portal As Applications Hit 129

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The Independent National Electoral Commission (INEC) has announced that it has now received a total of 129 applications from associations seeking registration as political parties.

The update was provided during the commission’s regular weekly meeting held in Abuja, yesterday.

According to a statement signed by the National Commissioner and Chairman of the Information and Voter Education Committee, Sam Olumekun, seven new applications were submitted within the past week, adding to the previous number.

“At its regular weekly meeting held today, Thursday 10th July 2025, the commission received a further update on additional requests from associations seeking registration as political parties.

“Since last week, seven more applications have been received, bringing the total number so far to 129. All the requests are being processed,” the commission stated.

The commission revealed the introduction of a new digital platform for political party registration. The platform is part of the Party Financial Reporting and Auditing System and aims to streamline the registration process.

Olumekun disclosed that final testing of the portal would be completed within the next week.

“INEC also plans to release comprehensive guidelines to help associations file their applications using the new system.

“Unlike the manual method used in previous registration, the Commission is introducing a political party registration portal, which is a module in our Party Financial Reporting and Auditing System.

“This will make the process faster and seamless. In the next week, the commission will conclude the final testing of the portal before deployment.

“Thereafter, the next step for associations that meet the requirements to proceed to the application stage will be announced. The commission will also issue guidelines to facilitate the filing of applications using the PFRAS,” the statement added.

In the meantime, the list of new associations that have submitted applications has been made available to the public on INEC’s website and other official platforms.

 

 

 

 

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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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