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Another First 100th Day Mark: As Wike Reinvents Rivers
This week will witness a water mark in the history of the Rivers State with the second term of the Wike administration running into its first 100 days. This time around, the good people of Rivers State will not miss out on a harvest of programmes and projects that will be recorded in favour of the administration. Ranging from roads to public buildings and even markets, the list of such landmark endeavours is nothing but impressive. Although most of such projects under consideration were started and completed during the first term, the seeming adoption of the maxim that ‘action speaks louder than words’, by the administration, may account for its muted stand on the fanfare that should have celebrated the completion of each of them. Hence, even if the administration does not celebrate its accomplishments on individual basis, the beneficiary, Rivers people do so in their individual capacities.
As an original ‘Port Harcourt (Town) Boy’ from pre-Civil War years, this author enjoys the privilege of having witnessed the undulating fortunes of the Rivers State in general and Port Harcourt in particular. He can therefore vouch authoritatively that the Wike administration is driving a reinvention agenda for the state. And hate him or like him, the tell-tale signs of that dispensation, are all too obvious to be missed. After all, was it not a renowned minister of the gospel that recently pointed out that nobody can successfully argue against hard, real life evidence?
While space may fail this piece to outline all of the projects, the mention of just a few will serve. Take for instance the Rumuwoji Market popularly miscalled ‘Mile One Market’, which remains iconic in the complement of Wike’s administrative style. Given the convoluted history of the market – at least, since efforts to restructure the facility in recent times, its story has been one of unending concern over several setbacks including fire outbreaks, political intrigues and policy somersaults by previous administrations. Compared to its previous state which was described by Wikipedia as one of Africa’s largest open markets, Wike’s intervention has turned it – perhaps into one of the continent’s most improved shopping facilities. Complete with all the relevant support facilities for such a project, including a firefighting capability, clinic and security provisions, the market is simply a world class shopping centre – a far cry from the Wikipedia description.
Moving over to the Fruit Garden along Kaduna Street is another sweet experience in tracking government in action. Until it was burnt down in a fire incident in 2018, the Fruit Garden Market was simply a typical African-style,railroad-side, collection of make shift shanty stalls, and expanded on a daily basis. This was until it became simply unmanageable and a problem for the flow of traffic along Kaduna street Road and adjoining areas of ‘D Line’. Today, the Wike touch has transformed it into an architectural masterpiece that is fit for the beautification of any city in the world.
Leaving the market scene, one can mention the new Woji- Akpajo Dual Carriage Expressway. Combining its new state with the renovated Old Refinery Road which traverses Elelenwo Town and links the Oil Mill Junction and Akpajo, the result has been a complete and unprecedented make-over of the entire environment, with the upsurge in business startups completing the picture of a reinvention tale. And as it is with the few mentioned projects so it is for other areas of intervention by the administration.
However, it may be inequitable for the administration if its credit rating is confined to just physical projects, as actual administrative style and efforts also define the integrity of any administration. Hence, for the administration, the restoration of sanity on the streets of Port Harcourt also qualifies for mention. For the past fortnight, the administration has been engaged in a series of face-offs with hordes of street traders and its roadside artisans who with impunity turned Port Harcourt and its environs into a free for all theatre of the absurd. Daunting as the task of reining in street traders and artisans may be, the approach by the governor created significant relief to both the enforcers and the affected, in the push for a cleaner Port Harcourt.
He had started with facilitating enabling laws for the exercise given the absence of same in the state’s statute books. This approach not only guaranteed the compliance with procedure by all actors in the exercise, but went further to accentuate a law abiding disposition of the governor. With such an approach, he instills confidence across the State, that come what may, he will stand on the side of the law.
An immediate spin-off this disposition came into play with the recent stir over the alleged demolition of a mosque in the Trans Amadi area of Port Harcourt. In spite of the attacks on the administration and even his person from interests across the country and even beyond, the only defence was based on the position of the law on the matter. And given the course of events all through his first term and the newly commenced second one, it is to state the obvious that the days of trial for his administration are not over. In fact in all realism, suffice it to be stated that more shall come and perhaps even in more sophisticated forms and shapes.
Meanwhile, until such come his way, let all of Rivers State mark the passage of the first 100days of Wike’s second term with optimism, as the African proverb says that ‘a chick that will be a cock in future, can be identified soon after being hatched’.
Monima Daminabo
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.
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.”
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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