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Leave Jonathan Alone, APC Urges Buhari

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President Muhammadu Buhari has been advised to leave ex-President Goodluck Jonathan alone and focus on his government which is “losing direction.”
The Arewa Peace Coalition (APC) gave the advice in a statement issued by Abdulkadir Mohammed, the group’s coordinator.
Mohammed also called Buhari’s attention to prevalent national issues, including the president’s “lopsided appointments” and the economic hardship facing the country.
He urged Buhari to discourage the “current negative campaign” against Jonathan and focus on the mandate of fixing Nigeria and improving the quality of lives of the millions of Nigerians.
“Nigerians didn’t vote Buhari to come and give excuses on why he cannot perform… they believed he was capable and particularly fit for the job of president,” Mohammed said.
“Since you won the 2015 election, we have been waking up almost every day to hear stories about how Jonathan did this and Jonathan did that. We have become tired and fed up.
“When will we begin to hear what Baba Buhari has done? When will we begin to hear of what our Baba has done to salvage Nigeria?
“Bashing Jonathan at every opportunity has not solved any of the problems you met as president. Nigerians have already voted Jonathan out. They are disappointed that years after Jonathan has left, there is no day that the Buhari presidency does not attempt to feast on Jonathan. Why then did we vote for you?”
The group, according to TheCable, also advised Buhari to acknowledge some of the successes of his predecessor and consolidate on them.
“Mr. President, there were quite a few successes of the Jonathan presidency. Acknowledge those successes and use them to your advantage,” Mohammed said.
“And then work to correct and avoid the mistakes that dogged the Jonathan presidency. That is how successful nations work.
“Please leave Jonathan alone. Go around the country and ascertain things for yourself. Two years into your presidency, you are yet to visit more than 30 states in Nigeria.”
The group also told the president not to leave out any section of the country in his appointments.
“Appoint a competent team to assist you in the onerous task of fixing Nigeria. Appoint people in every nook and cranny of Nigeria,” Mohammed said.
“The Buhari presidency must not be over-saturated by people from the northern part of the country or people who share a peculiar history with you.
“You are now a Nigerian president not a Northern, Daura or CPC president. You are president over Muslims the same way you are president over Christians.
“It is with great discomfort that we write you this piece. In 2015, many of us came out in large numbers to vote for you because we believed that things would change for the better if you became president of Nigeria.
“When you ascended to the position of President of Nigeria. We rejoiced across the streets of northern Nigeria. Some of our kinsmen trekked hundreds of kilometres to celebrate your win in the 2015 elections.
“Two years into your administration, everything has turned on its head. The price of food has skyrocketed across Nigeria. The quality of education has nosedived. Access to affordable health care has become a problem. Farmers are no longer encouraged to go to their farms. Nothing seems to be working.”
Meanwhile, the Economic and Financial Crimes Commission (EFCC), yesterday, withdrew its application seeking to stay the execution of a court order which unfroze the Skye Bank account of the wife of ex-President Goodluck Jonathan, Patience, thereby giving the court no option than to grant her unfettered access to the balance of $5.9million.
A counsel for the EFCC, Rotimi Oyedepo, appeared before the Federal High Court in Lagos which on April 6, unfroze Patience’s account, stating that the commission had changed its mind about appealing the unfreezing order.
He equally told the presiding judge, Justice Mojisola Olatoregun, that the commission was withdrawing its application seeking to stay the execution of the order.
Responding, Patience’s lawyer, Mr. Ifedayo Adedipe, confirmed being served with the EFCC’s application to withdraw its application for stay of proceedings.
Adedipe said in view of the EFCC’s action, he would also withdraw the Form 48 and Form 49 he filed to cite Skye Bank for contempt of court for not allowing Patience access to her account in spite of the court order.
After hearing both parties out, Justice Olatoregun granted their prayers to withdraw their respective applications.
With the development, Patience Jonathan now has unfettered access to her bank account.
At the instance of the EFCC last year, Justice Olatoregun had made an interim order freezing multiple accounts linked with Patience.
The order was pursuant to an ex parte application by the anti-graft agency, wherein one of its operatives, Abdulahi Tukur, had told the judge that the funds retained in the said accounts were suspected proceeds of crime.
Tukur had told the judge that intelligence report by the anti-graft agency necessitated that the accounts be investigated, adding that it would be in the interest of justice that the accounts be frozen.
The accounts, opened in the names of companies and an individual, had a cumulative balance of N7,418,829,290.94 (N7.4billion) and $429,381.87.
Apart from Patience’s personal account, also affected were five companies, namely: Finchley Top Homes Limited, Aribawa Aruera, Magel Resort Limited, AM-PM Global Network Limited, Pansy Oil and Gas Limited.
Finchley Top Homes Limited’s account numbered 1102001996 in Ecobank, with a balance of N226,376,700.23 and a fixed deposit of N1,099,511,484.88 was frozen.
Similarly affected were the company’s Skye Bank account numbered 1771731336, with a balance of N14,173,848.85; Fidelity Bank account numbered, 4011019539 with a balance of N1,800,494,000; Stanbic Bank account numbered, 0016901361, with a balance of N40,594,12.88; and Diamond Bank account 0019213687 with a balance of N39,418,712.12.
Aribawa Aruera Reachout Foundation opened account number 1222014221 with Ecobank and has a closing balance of N479,893,431.01, while Magel Resort Limited accounts (4011019546/5250059782) with Fidelity Bank has a subsisting balance of N1,000,494,000.
The company also operates a Zenith Bank account numbered, 1011744356, which has a balance of N858,923,982, and a Diamond Bank account numbered 0024351590 with had a balance of N174,166,207.00.
AM-PM Global Network Limited opened account number 0026718889 at Diamond Bank and has a balance of N7,213,303.50.
The account numbered 4011019577 opened by Pansy Oil and Gas Limited at Fidelity Bank had a balance of N1,809,666,494.68, while the company’s account in Diamond Bank has a balance of N55,930,024.50.
Also affected was one Esther Oba. Oba has a balance of $429,381.87 in her account.
The coast is now clear for the former first lady of Nigeria, Mrs. Patience Ibifaka Jonathan, to access her account with Skye Bank Plc, where she housed $5, 842, 316. 66million.

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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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