Connect with us

Featured

Wike, Ortom, Ikpeazu, Ugwuanyi Storm Ibadan For Makinde

Published

on

Rivers State Governor, Chief Nyesom Wike, yesterday, led the G5 Governors to storm Ibadan, Oyo State capital for the flag-off of re-election campaign of Governor Seyi Makinde.
Other G5 governors at the event held at the Mapo Hall, Ibadan, were: Abia State Governor, Dr Okezie Ikpeazu; Benue State, Samuel Ortom and Enugu State, Hon Ifeanyi Ugwuanyi.
The G5 governors came to the venue around 1.00am to show solidarity for Makinde’s re-election.
Also at the event were former Governor of Ekiti State, Ayodele Fayose; and former Governor of Ondo State, Dr. Olusegun Mimiko.
Also present were party faithful from 33 local governments of the state.
As the governors arrived, party loyalists from all the 33 local government areas of the state, thronged the major roads leading to Mapo Hall.
The major roads leading to Mapo Hall were jam-packed with party loyalists from all the 33 local government areas of state, while the security operatives made serious efforts to control the crowd.
Speaking against the expectation that the G5 governors under the aegis of the Integrity Group, are likely to announce their choice of presidential candidate in Ibadan in the forthcoming general election, the Rivers State Governor, Chief Nyesom Wike, disclosed that members of the Peoples Democratic Party (PDP) in Oyo State will be told who to vote for in the presidential election soon.
Wike urged people of the state to cast their votes for all contestants vying for various seats in the 2023 general election on the platform of the party.
He described Makinde as a person who believes in fairness, equity and justice and has done well to deserve a second term in office.
Wike said: “Governor ‘Seyi Makinde has done well, the only way is for him to go back to complete the good work he has started.”
“Vote for Governor ‘Seyi Makinde, vote for all the candidates on the platform of the party, but the other one, Seyi Makinde will tell you.”
“We believe in justice, fairness, honesty and equity, hence our reason for urging you to support the just governor God has given you in Oyo State. Makinde has done well since 2019 and the only way we appreciate him is to return him to government to enable him complete the good works he had started.”
In a similar vein, other members of the G5, in their separate remarks at the programme, thanked members of the party for their unflinching support for Makinde, describing him as a vibrant leader who has what it takes to move the state to enviable heights.
In his remark, Abia State Governor, Dr. Okezie Ikpeazu, described Makinde as the youth leader of the G5, saying what the people of the state will see in the next four years will be greater than what the governor has done in his first four years.
Speaking at the flag – off of the PDP Gubernatorial campaign in Ibadan on Thursday, the Oyo State capital, leader of the G-5 , Governor Samuel Ortom of Benue State said the group is more than ever united and would deliver all PDP candidates for governor, Senate, House of Representatives and Assembly in their various states.
He reiterated the genesis of their course which is premised on breach of the party constitution after the party National convention in May 2022.
“We want to assure you that the integrity group and the G-5 governors are committed members of PDP in our various states.
“We have a challenge with the national leadership of our party because they have failed to deploy its internal conflict resolution mechanism to resolve the problem that arose after the convention. At the appropriate time, we are going to let you know where and what to do. We are united, we are together, don’t listen to gossip and social media hypes. We are committed to PDP and we are working for all our candidates in our states.
“All our candidates in our states by the grace of God, they are going to win the governorship, the Senate, House of Reps, the House of Assembly. We are going to deliver to PDP”.
Making his remarks at the presentation of flags to candidates of the party, the Deputy National Chairman of the PDP, Mr Taofeek Arapaja said Makinde’s performance was the reason behind the solidarity, and clarion call for his re- election by the people of Oyo State.
While speaking, Governor ‘Seyi Makinde, urged people of the state to vote him for a second term to enable him complete the good projects he had started since 2019.
According to him, since his assumption of office in 2019, his administration has continued to deliver dividends of democracy to the people both in health, education, agriculture, security and in infrastructural development.
He said: “Under Omotitun 1.0, we promised Emmanuel Alayande University and we delivered, we secured full ownership of Ladoke Akintola University of Technology, (LAUTECH) Ogbomoso, we carried out rehabilitation and reconstruction of roads across the state, we have delivered but we are not stopping.
“Under Omotitun 1.0, we improved the standard of education, health, security through the introduction of Amotekun, as well as agricultural development and many others. Workers salaries and pension arrears are being paid as and when due, and many others.”
“Now, it is time for Omotitun 2.0 to upgrade. I am, therefore, seeking your support for my re-election to enable me complete the good projects I started in 2019,” Makinde pleaded with people of the state.
He then expressed appreciation to the people and party faithful for entrusting the destiny of the state under his care, assuring that more developmental projects and programmes will be witnessed in the state.
Makinde, who boasted of jerking up the state’s Internally Generated Revenue of the state from about N1.7billion to N3.8billion as of November ending, 2022, among other achievements, promised to do more for the people of the state.
The venue of the event was filled with a lot of dignitaries which include, wife of the governor, Mrs Tamunomnini Makinde; the Deputy Governor, Bayo Lawal; PDP South-West Deputy National Chairman, Amb. Taofeek Arapaja; former Ekiti State Governor, Mr. Ayodele Fayose; former Ondo State Governor, Olusegun Mimiko; the party’s senatorial candidate for Oyo South, Mogaji Joseph Tegbe; Sen. Stanley Odidiomo, Abass Agboworin, Chief Jumoke-Akinjide, Sen. Monsurat Sunmonu, PDP state executives, other PDP candidates and members of the party from within and outside the state.
The flag-off witnessed the heavy presence of personnel of the Nigeria Police, the Nigeria Security and Civil Defense Corp, NSCDC, Department of Security Service, DSS, Amotekun Corps and Operation Burst.

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