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Restructure Nigeria Now -Oba Nnam Obi,Sen Shehu Sani

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A former member of the defunct National Political Reform Conference and Pioneer President of the Traditional Rulers of Oil Mineral Producing Communities of Nigeria (TROMPCON), Sir Chukumela Nnam-Obi II, says it has become imperative for the Nigerian federation to be restructured for the sake of justice, equity and fairness to engender national growth and development.
In a statement in Port Harcourt yesterday, the two­ time Chairman of Rivers State Council of Traditional Rulers recalled how the reorganisations of 1967, 1976 and 1996 as well as the excision of the Midwest from the Western region in 1963 underscored the volatility of the internal territorial configuration of the Nigerian federation since the country’s independence in 1960.
He stated that of greater concern are the distributive pressures, sectional anxieties, partisan conflicts, constitutional controversies and institutional dilemma that are interwoven with the issue of’ state reorganisation in the country.
Dr Nnam-Obi II noted that though there are feelings of disenchantment among all tribes and ethnic nationalities in Nigeria, the “case of the mindless marginalization of the minority groups is worse”.
Listing the enormous contributions of the Ogba/Egbema/Ndoni Local Government Area (ONELGA) to the national economy, the monarch who is also the Oba (Eze Ogba) of Ogbaland regretted that the area has had only one ministerial appointment, two ambassadorial slots, no special adviser, no permanent secretary in the Federal Public Service, no Chairmanship of any Federal Government parastatal, no high ranking officer in the military, among others since the inception of the country.
Continued he: “We are not found even in the middle level employment of federal Ministries, Departments and Agencies (MDAS) just as we are denied jobs and facilities in financial institutions. Our people are slowly but steadily being suffocated out of meaningful existence”.
He said being the highest producer of crude oil and gas in Nigeria, ONELGA  deserves a better treatment for sustaining the Nigerian nation and by extension every state and local government area in the country.
The Eze Ogba maintained that the panacea to the developmental challenges and the dilemma of injustice, sectional interest or regionalism, and other perversions on the part of the political class lies in making fundamental social, economic and institutional changes affecting the policies, practices, and the overall management of the federation.
These, according to him, include proper decentralisation and strengthening of democracy through the practice of true federalism, participatory democracy, community empowerment and     participation in the exploration, exploitation    and management of their natural resources and private sector involvement in national development.
He assured that the Niger Delta will continue to play key roles in the growth and development of the Nigerian nation in so far as there are concerted efforts to improve the environmental and living conditions of the region.
Meanwhile,the Senator representing Kaduna Central, Shehu Sani, has thrown his weight behind those calling for the restructuring of the country.
He said that the present situation called for every Nigerian to take the opportunity offered to restructure and redesign Nigeria.
“We should come out with a new master plan that will address the social, economic and political crises that gave birth to some of these agitations.
“We should also use the opportunity to reach out, to strengthen our unity and form a coalition against separatists, who come from the South-East and ultra-nationalist and anarchist who come from northern part of Nigeria.
“This is the time for each and every Nigerian to take position. Nigeria will not and should not be Soviet Union; Nigeria will not be and must not be Yugoslavia, Nigerian should and must not be Sudan.
“There are issues we need to address. this is an opportunity for us to restructure and redesign our country,” Sani said.
Sani, who spoke to newsmen in Kaduna, added, “the moral calling of all men of conscience is to champion the cause of unity and peace. And for people like me, this is my area of calling. Biafran agitators are persons who have forgotten the lessons of history, the country is bigger than individuals, we are one and we should remain one.
“The Igbo ethnic groups have since been able to build themselves economically, and present themselves as Nigerians. Igbos can clearly be found in all the nooks and crannies of this country, and I believe we should be able to separate the few, who want secession from millions, who live among us as Nigerians.
“Any southerner in the North is in the North because he believes in one Nigeria, if he does not believe in one Nigeria, he could have gone back to South-East. We should look at it this way, it is great that we are called giant of Africa because of our size, our population and because of the promise we hold for West Africa and the black race. Secession is not an option, those who want to divide this country should be condemned in totality, and I can understand the anger by some of our people in northern part of Nigeria, but we should not play to the gallery.
“The secessionists should not determine our collective decision or distract what our response should be. If they are for secession, we are for unity. We must protect Igbos that are living in the northern part of Nigeria because they are here to live with us; they are here because they believe in one Nigeria. But Nnamdi Kanu and his Biafran forces are doomed to fail because Nigeria will remain one.
“This is a time to challenge them, combat and nip them in the bud. It is the time in history of this country that we must speak out. I will also say a nation united by force is vulnerable, a nation united by justice is inseparable, that must be our goal.”
Speaking on the need for unity in Kaduna State, Sani explained, “I am opposed to the dropping of these 4,766 district heads, for the very fact that they are very strong instruments of peace and unity. I call on the governor to reverse his decision. There is enough money to pay them.
“In a situation whereby we have a government in Kaduna State that is issuing out contracts to advisers, members of the state House of Assembly and the people in the position of authority, which is contrary to ethics of civil service, in that sense, you know that it is very disgusting to accuse the Peoples Democratic Party, the Ramalan Yero, Makarfi, late Yakowa’s governments of corruption in Kaduna State.
“In Kaduna State, you have public office holders who submit companies to be awarded contracts. We should understand that it is not just about N3billion contract scam, but there are ethics issues concerned, a civil servant is not allowed to be a contractor.
“It is an act of nepotism to send your son, your wife, to do contract directly under your office, it is against the code of conduct, code of the Federal Republic of Nigeria for an elected public office holder to engage in contract, that is very wrong.
“The only persons who are immune to face investigation is the governor and deputy governor of all this persons involved. The governor of the state should follow it up and set up investigation panel to fish out the bad eggs within his government and deal with them.
“If Buhari can drop Babachir as Secretary to the Government of the Federation for giving his own company contracts, Governor Nasir el-Rufai should toe the line by sacking his aides that have exploited their positions in office, and have turned themselves into contractors,” he added.

Victor Tew

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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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