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Wike Gives Reasons for Meeting Obasanjo, Obi, Tinubu, Atiku in London

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Rivers State Governor, Nyesom Wike, on Friday, said his team was more interested in a better Nigeria, and they are consulting widely with those who mean well for the country.

Wike spoke when he interacted with journalists at the Port Harcourt International Airport, Omagwa in Ikwerre Local Government Area, shortly on arrival from London on Friday.

In the company of the Rivers State governor were the governor of Benue State, Samuel Ortom and Abia State governor, Dr. Okezie Ikpeazu.

Wike, who confirmed their meetings with Peoples Democratic Party presidential candidate, Atiku Abubakar; All Progressives Congress presidential candidate, Bola Tinubu; Labour Party presidential candidate, Peter Obi and former president of Nigeria, Olusegun Obasanjo, in London, explained that topmost on the agenda is how to make Nigeria better than what is it currently.

The Rivers State governor noted that all is not well with Nigeria and they are seeking remedies that will restore enduring hope in Nigeria.

He said, “I can confirm that this is the first time as a team that we are meeting with presidential candidates.

“We met with the presidential candidate of the All Progressives Congress, APC and we met with our leader, former president of Nigeria, Olusegun Obasanjo.

“We met the presidential candidate of Labour Party. We also met with our presidential candidate, Atiku Abubakar. For whatever it’s worth, consultation is ongoing.

“Whatever we are talking about, is for the interest of Nigeria and Nigerians. It is not parochial and tied to one person or group of persons.

“We believe that with what is going on, it will be for the interest of Nigerians at the end of the day.”

Wike decried the situation where standard, training and competence have always been traded for mediocrity.

He said leadership should not be about one individual and the interest of his family, but about the collective interest of everybody.

“Consultation is still ongoing. Never mind some people who do not believe in the existence of this country.

“Leadership is not about you and your family. Leadership is about everybody. It’s unfortunate that we are in a country now where a man finishes eight years as a governor and brings his own son as a governor too and as a member of the National Assembly.

“It’s only in this part of the world that you can see that when we are talking about poverty everywhere. These are people who do not mean well for this Nigeria,” he stated

Wike also wondered why religion and ethnicity are used as the tenable identity to describe Nigerians when competence is required.

Continuing, Wike said, “The only identity they have in this country is religion and ethnicity, nothing more. It’s either, I’m a Christian or I’m a Moslem, I’m a Fulani or I’m an Igbo. Nigeria cannot move forward except they think it will be them. That’s where we are.

“We are in a country where someone with a primary school certificate can be appointed Minister of Foreign Affairs. That tells you how bad this country has become.

“But with our consultation, all these will be a thing of the past. No amount of intimidation or blackmail will deter us. We are determined to right the wrong.”

In his response, the leader of the team and Benue State governor, Samuel Ortom, noted that they have met with renowned persons in the last few days because of their belief that Nigeria is in distress and required concerted effort to rescue it.

He stated that they had fruitful talks with those they had met and it was beyond partisan politics, because well-meaning Nigerians need to work together in ensuring that Nigeria survives.

“For us, we are looking at the larger picture. Nigeria today is in distress. It is about what can we do. No man or woman alone can get it right for our country.

“We are looking at how we can harness ideas and put ourselves together to ensure that we get out of the present challenge we are in Nigeria today.

“From top to bottom, consider what has happened from 2015 and where we are today. So, what we are doing is a concern that we have for our country, Nigeria.

“This is beyond partisan politics. We are looking on how we can come together and find a way of ensuring that Nigeria survives. Nigeria is on drip, Nigeria is on oxygen and it is about how can we get out of this,” Ortom said.

He stated that the three separate meetings they had within the week were worthwhile session for them.

“The consultation is going on and will continue to go on. We are still going to meet here. We are still going to meet some persons some other time and see how we can work to ensure that the project Nigeria works.”

On his part, Abia State governor, Dr Okezie Ikpeazu, emphasised that they are on a mission and are determined to find a way of rescuing Nigeria.

He noted that they are mindful of what society to bequeath to the present generation, their children and grandchildren alike.

He said, “And this is a country with great potential and we have to protect it well. We think that we need to engage across the board.

“We are also looking at speaking with civil society organisations and those who have ideas, with Nigerians in the diaspora.

“All the resources available in this country have to come together at this time to see how best we can move Nigeria forward.”

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2026: Tinubu Pledges Inclusive Growth, Improved Security in New Year Message

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President Bola Tinubu has assured Nigerians that 2026 will be a more prosperous year for all.

Tinubu stated this in his New Year message on Thursday, adding that his administration would sustain the momentum on its major reforms.

“During 2025, we sustained the momentum on our major reforms. We had a fiscal reset and also recorded steady economic progress.

“Despite persistent global economic headwinds, we recorded tangible and measurable gains, particularly in the economy.

“These achievements reaffirm our belief that the difficult but necessary reforms we embarked upon are moving us in the right direction with more concrete results on the horizon for the ordinary Nigerian,” the President said in the statement he personally signed.

Consolidating gains

Tinubu said that the focus in 2026 would be on consolidating the gains and continuing to build a resilient, sustainable, inclusive, and growth-oriented economy.

According to him, Nigeria closed 2025 on a strong note, as despite the policies to fight inflation, it recorded a robust GDP growth each quarter, with annualised growth expected to exceed four per cent for the year.

Tinubu explained that the nation maintained trade surpluses and achieved greater exchange rate stability while inflation declined steadily and reached below 15 per cent, in line with his administration’s target.

“In 2026, we are determined to reduce inflation further and ensure that the benefits of reform reach every Nigerian household. In 2025, the Nigerian Stock Exchange outperformed its peers, posting a robust 48.12 per cent gain and consolidating its bullish run that began in the second half of 2023.

“Supported by sound monetary policy management, our foreign reserves stood at $45.4 billion as of December 29, 2025, providing a substantial buffer against external shocks for the Naira. We expect this position to strengthen further in the New Year,” he said.

“Foreign direct investment is also responding positively. In the third quarter of 2025, FDI rose to $720 million, up from $90 million in the preceding quarter, reflecting renewed investor confidence in Nigeria’s economic direction, which global credit rating agencies, including Moody’s, Fitch, and Standard & Poor’s, have consistently affirmed and applauded,” Tinubu added.

Tax reforms

The President further assured that with patience, fiscal discipline, and unity of purpose, Nigeria would emerge in 2026 stronger and better positioned for sustained growth.

According to him, as inflation and interest rates moderate, his administration expects increased fiscal space for productive investment in infrastructure and human capital development.

“We are also confronting the challenge of multiple taxation across all tiers of government. I commend states that have aligned with the national tax harmonisation agenda by adopting harmonised tax laws to reduce the excessive burden of taxes, levies, and fees on our people and on basic consumption.

“The new year marks a critical phase in implementing our tax reforms, designed to build a fair, competitive, and robust fiscal foundation for Nigeria.

“By harmonising our tax system, we aim to raise revenue sustainably, address fiscal distortions and strengthen our capacity to finance infrastructure and social investments that will deliver shared prosperity,” he added.

National security

Tinubu said that though the path of reform is never easy, his administration remains mindful that economic progress must be accompanied by security and peace.

“Our nation continues to confront security threats from criminal and terrorist elements determined to disrupt our way of life. In collaboration with international partners, including the United States, decisive actions were taken against terrorist targets in parts of the Northwest on December 24.

“Our Armed Forces have since sustained operations against terror networks and criminal strongholds across the Northwest and Northeast,” he said.

But the President stated that in 2026, Nigeria’s security and intelligence agencies would deepen cooperation with regional and global partners to eliminate all threats to national security.

“We remain committed to protecting lives, property, and the territorial integrity of our country.

“I continue to believe that a decentralised policing system with appropriate safeguards, complemented by properly regulated forest guards, all anchored on accountability, is critical to effectively addressing terrorism, banditry, and related security challenges,” he added.

Investments in infrastructure

The New Year marks the beginning of a more robust phase of economic growth, with tangible improvements in the lives of our people.

Tinubu also said that his government would accelerate the implementation of the Renewed Hope Ward Development Programme, aiming to bring at least 10 million Nigerians into productive economic activity by empowering at least 1,000 people in each of the 8,809 wards across the country.

“Through agriculture, trade, food processing, and mining, we will stimulate local economies and expand grassroots opportunities.

“We will also continue to invest in modernising Nigeria’s infrastructure – roads, power, ports, railways, airports, pipelines, healthcare, education, and agriculture to strengthen food security and improve quality of life. All ongoing projects will continue without interruption,” he said.

He, however, urged Nigerians to play their part to achieve the objectives in 2026 by standing together in unity and purpose, upholding patriotism, and serving the country with honour and integrity in their respective roles.

Let us resolve to be better citizens, better neighbours, and better stewards of our nation.

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Court Empowers Tinubu to Implement New Tax Law Effective Jan 1

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An Abuja High Court has cleared the way for the implementation of Nigeria’s new tax regime scheduled to commence on January 1, 2026, dismissing a suit seeking to halt the programme.

The ruling gives the Federal government, the Federal Inland Revenue Service (FIRS) and the National Assembly full legal backing to proceed with the take-off of the new tax laws.

The suit was filed by the Incorporated Trustees of African Initiative for Abuse of Public Trustees, which dragged the Federal Republic of Nigeria, the President, the Attorney-General of the Federation, the President of the Senate, Speaker of the House of Representatives and the National Assembly before the court over alleged discrepancies in the recently enacted tax laws.

In an ex-parte motion, the plaintiff sought an interim injunction restraining the Federal Government, FIRS, the National Assembly and related agencies from implementing or enforcing the provisions of the Nigeria Tax Act, 2025; Nigeria Tax Administration Act, 2025; Nigeria Revenue Service (Establishment) Act, 2025; and the Joint Revenue Board of Nigeria (Establishment) Act, 2025, pending the determination of the substantive suit.

The group also asked the court to restrain the President from implementing the laws in any part of the federation pending the hearing of its motion on notice.

However, in a ruling delivered on Tuesday, Justice Kawu struck out the application, holding that it lacked merit and failed to establish sufficient legal grounds to warrant the grant of the reliefs sought.

The court ruled that the plaintiffs did not demonstrate how the implementation of the new tax laws would occasion irreparable harm or violate any provision of the Constitution, stressing that matters of fiscal policy and economic reforms fall squarely within the powers of government.

Justice Kawu further held that once a law has been duly enacted and gazetted, any alleged errors or controversies can only be addressed through legislative amendment or a substantive court order, noting that disagreements over tax laws cannot stop the implementation of an existing law.

Consequently, the court affirmed that there was no legal impediment to the commencement of the new tax regime and directed that implementation should proceed as scheduled from January 1, 2026.

The new tax regime is anchored on four landmark tax reform bills signed into law in 2025 as part of the Federal Government’s broader fiscal and economic reform agenda aimed at boosting revenue, simplifying the tax system and reducing leakages.

The laws — the Nigeria Tax Act, 2025, Nigeria Tax Administration Act, 2025, Nigeria Revenue Service (Establishment) Act, 2025, and the Joint Revenue Board of Nigeria (Establishment) Act, 2025 — consolidate and replace several existing tax statutes, including laws governing companies income tax, personal income tax, value added tax, capital gains tax and stamp duties.

Key elements of the reforms include the harmonisation of multiple taxes into a more streamlined framework, expansion of the tax base, protection for low-income earners and small businesses, and the introduction of modern, technology-driven tax administration systems such as digital filing and electronic compliance monitoring.

The reforms also provide for the restructuring of federal tax administration, including the creation of the Nigeria Revenue Service, to strengthen efficiency, coordination and revenue collection across government levels.

While the Federal government has described the reforms as critical to stabilising public finances and funding infrastructure and social services, the laws have generated intense public debate, with some civil society groups and political actors alleging discrepancies between the versions passed by the National Assembly and those later gazetted.

These concerns sparked calls for suspension, re-gazetting and legal action, culminating in the suit dismissed by the Abuja High Court.

Reacting to the judgment, stakeholders described the ruling as a major boost for the reforms, saying it has removed all legal obstacles that could have delayed the implementation of the new tax framework.

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Peter Obi Officially Dumps Labour Party, Defects to ADC

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Former governor of Anambra State, presidential candidate of the Labour Party (LP) in the 2023 election, Mr. Peter Obi, has officially defected to the coalition-backed African Democratic Congress (ADC).

Obi announced the decision on Tuesday at an event held at the Nike Lake Resort, Enugu.

“We are ending this year with the hope that in 2026 we will begin a rescue journey,” Obi said.

The National Chairman of the ADC, David Mark, was among the attendees.

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