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We’ve Collapsed Other Parties Into PDP In Rivers, Wike Affirms

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Rivers State Governor, Chief Nyesom Wike, has said that more politicians in the state were renouncing membership of their political parties in droves, and joining the Peoples Democratic Party (PDP).
They are doing so, he enthused, because they were delighted at ongoing infrastructure development by his administration, and believed the PDP was a better party to associate with.
Wike spoke, yesterday, at the flag-off of the 11th flyover project, which was performed by former Governor of Cross River State, Donald Duke, at the Rumuola-Ikwerre Road-Rumuokwuta Roundabout in Obio/Akpor Local Government Area of the state.
The Rivers State governor explained that the ongoing collapse of the membership strength of other political parties in the state was definitely an electoral advantage for the PDP.
“We have collapsed every other party. Every day people from All Progressives Congress (APC) are joining our party. We are here doing that and some people are in Abuja; ask them how many persons have they brought to the party.
“It’s not to say I’m supporting our candidate. How many people have you brought to help your candidate?. We are here every day bringing people to join our party and you are there following your candidate from Abuja to Adamawa. Is it there you’ll win the votes? Come back home.”
Wike stressed that Rivers State is too strategic politically to be ignored by any serious minded politician who wants to win election.
He stated the futility of the claims by those who professed that they know the PDP presidential candidate, yet they are not at home where votes can be mobilised to secure electoral victory.
“This local government alone, Obio/Akpor, where I come from, we registered not less than 600,000 voters. This local government beats two states in their electoral strength.
“So, we are not a state that you can take for granted, not to talk about the local government where I come from.
“I believe that they must know us here because we have what it takes to deliver. They must come and know us. I’m not going to find anybody. You must come here. You can’t take 600 and something thousand votes away from my local government. You can’t take 3.2million votes from my state just like that.”
Wike emphasised that the days are gone when supporters and electorate offer their votes and do nothing in return.
“If we were Father Christmas before, we won’t be Father Christmas again? You must tell me what is there for me if I should vote. So, nobody should bother himself. At the appropriate time we will talk to our people and our people will understand.
“If you say we don’t exist, we will tell you that you don’t exits. I am not a son to anybody. I am a son of Rivers State. I am working to attract what will benefit Rivers State.”
Wike said the infrastructural projects are evidences of how Rivers money has been expended by his administration to solving critical socioeconomic problems.
He noted that the 12 flyovers, in the next three years, would be more appreciated because they will sufficiently address traffic related problems.
Wike explained that everything has been done to ensure that funds are available so that every project started by his administration is not abandoned but completed.
“As at yesterday (Wednesday), I have released the money for the compensation of every property that will be affected here.
“We have paid for the relocation of the electric poles and property from Mgbuoba to Ozuoba. We have paid for the relocation of electric poles and property on Azikwe-Iloabuchi Road. So, the total compensation we have paid is N4.3billion.
The governor also informed that Julius Berger Nigeria Plc has started, in July, the deduction of N2billion from the Internally Generated Revenue (IGR) account of the state, and would do so for the next 10 months, to execute the 11th and 12th flyovers.
He also explained that 80percent of the contract sum has been paid to Julius Berger Nigeria Plc for the Azikwe-Iloabuchi Road construction.
Wike emphasised that his administration was determined to complete the Andoni section of the Ogoni-Opobo-Andoni Unity Road, and has charged the contractor to expedite work.
“Andoni must get road before I go there to campaign. I have told the contractor, Opobo has gotten road, Andoni people must drive by road before the administration ends.
“The Trans-Kalabari road, we have paid 100percent, that is over N13billion, we have paid and I believe by the grace of God, by this September, the first phase of Trans-Kalabari road will be completed.
“The one of Bori to Kono that CCECC is doing, which we have paid over N14billion, and finished paying.”
Performing the flag-off, former Governor of Cross River, Donald Duke, said the leadership capacity demonstrated by Wike assures that there was hope for Nigeria.
Duke commended Wike for executing projects, particularly the flyovers that have made Port Harcourt liveable city.
He also noted the medical succour the Dr. Peter Odili Cancer and Cardiologist Disease Diagnostic Centre would offer cancer patients, because of the terminal nature of the disease.
Providing a description of the project, Rivers State Commissioner for Works, Dr. Dakorinama George-Kelly said the 11th flyover is 1007.5 meters long, stretching from the Ebony Junction on Rumuola Road to the Seventh Day Adventist Church on Ikwerre Road.

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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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