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Wike Gives N60m To Three Slain Policemen’s Families …Launches Armed Forces Remembrance Emblem With N50m

Rivers State Governor, Chief Nyesom Wike, has announced the donation of N60million by the state government to the families of three slain policemen.
The governor also said that the yearly raising of funds to cater for the welfare of war veterans and families of fallen heroes was not sustainable, and should be discouraged.
Wike suggested that rather, Federal Government should set up a standing fund for that purpose, which would be replenished with yearly budgetary allocation as it was done in countries that truly value the contributions of the security agencies.
He announced the donation when he spoke at the Rivers State Emblem Appeal Fund Launching held at the Banquet Hall of Government House in Port Harcourt, yesterday.
The governor emphasised that the day set aside to launch emblem should only be for remembrance purposes, reflecting on the sacrifices made by men and women of the armed forces in keeping Nigerians together and ensuring that peace prevails in the country.
He said: “I think that we are tired in this country with every year meeting to launch emblem to support families of the fallen heroes.
“What I thought, as is done in advance countries, is that the day should be used for remembrance of their (veterans) efforts.
“That means, by now, as a country, we should have a standing fund that will take care of the families of the fallen heroes. That is what serious countries should be talking about.”
Wike noted that when such was done, the call on individuals and corporate entities by legionnaires would not be the norm anymore.
He pointed out that it becomes a mockery when the day is spent in soliciting for financial support as an enduring measure of sustenance of legionnaires.
“When you say, you solicit for support of corporate bodies; they laugh at us, and say: what kind of country is this?
“People who have fought for you? People who have laid down their lives for you to be alive to continue with what you are doing? We are still talking about: how do we support them?”
Wike remarked that it was most likely the reason why officers of the nation’s security agencies were not committed to professionalism in the discharge of their duties.
“They know when they die, all they will hear is launching of emblem to help their families. So, they are involved in so many things to take care of their families in case anything happens to them.”
Wike stated that it was the reason why the oil bunkering business seemed to have continued unabated, even if it was an economic sabotage, allegedly aided by the security agencies.
The governor commended the Rivers State Police Command for tracking down the killers of three policemen around Rumuokoro in Obio/Akpor Local Government Area.
Wike announced that the Rivers State Government would give N20million to each of the families of the three slain policemen.
On behalf of the Rivers State Government, Wike also launched the emblem with N50million.
In his speech, Rivers State Chairman of Nigeria Legion, Justice Chichi, noted the immeasurable support members of the legion have received from the Rivers State Government under the leadership of Wike.
Chichi declared that no one else across the country has contributed as much to the welfare of the legionnaires as the Rivers State governor.
“In 2018, you (Wike) approved the establishment of a scholarship scheme and the award of scholarship to 55 orphans. In 2019, you gave us a brand new coaster bus to ease our operations.
“In 2022, you further approved the award of scholarship to 50 orphans, having graduated some of the earlier beneficiaries. You have continued to support our widows in great measures.”
On his part, Secretary to the Rivers State Government, Dr. Tammy Danagogo, said the Emblem Appeal Fund Launching signals the commencement of the 2023 Armed Forces Remembrance Day celebrations in the state.
The events, he noted, was organised in acknowledgement of the selfless services rendered by men and women of the Nigerian Armed Forces to ensure the civil population enjoyed peace.
“Today, we have gathered to honour and appreciate these wonderful people for the comforts they provided for us and our businesses.
“They served with heart and might and truly their labour‘shall not be in vain’. I urge all of us here to join governor of Rivers State, who since 2015 to date magnanimously provided for thewelfare of the Nigerian Legion as a body, and at the family levels.
“Let us remember that ‘on the battlefield, the military pledges to leave no soldier behind’. Therefore, as those who benefitted immensely from their service, and shall continue to benefit; let us show by our deeds, today that we will never leave the veterans, their widows and children behind.”
Among others, who launched at the event included Port Harcourt Local Government Chairman, Hon Allwell Ihunda, who launched N23million on behalf of the 23 local government areas.
Elder Ferdinand Alabraba launched N5million on behalf of Rivers Elders, and the Chairman, Rivers State Council of Traditional Rulers, King Dandeson Douglas Jaja, launched the emblem with N1million on behalf of Rivers traditional rulers.
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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.”