NEWS
Audit Query: NNPC GMD, 17 Subsidiaries fail again to appear Before Reps C’tte ***C’tte Accuses MTN of Tax Evasion
By John Akubo
The Nigerian National Petroleum Company, (NNPC) limited and its 17 subsidiaries for the umpteenth time failed to appear before the Public Account Committee of the House Representatives to answer to multiple audit queries raised against them by the office of the Auditor General of the Federation
The committee is investigating NNPC limited, the Central Bank of Nigeria, (CBN) alongside telecommunication firm, MTN based on the annual audit report of the Auditor General of the Federation, (AGoF) between 2014-2019 financial year and non rendition of audited account by NNPC subsidiaries covering the same period
The NNPC Management had pleaded with the Committee two weeks ago to issue fresh summons on the 17 subsidiaries through the Group Managing Director, Mele Kyari.
This followed the observation of the Committee that the GMD might have been shielding them from honouring several summons issued to them with total assurance that the GMD would produce them before the Committee
Read Also >> NNPC To Rebuild Roads Under Tax Credit Scheme, As GMD Engages PTD, NARTO, FIRS, Others
However, At the resumed hearing of the Committee sitting on Wednesday, the NNPC in a letter addressed to the Chairman of the Committee, Hon Busayo Oluwole Oke (Osun- PDP) the Group Managing Director, Mallam Mele Kyari stated that he was engaged in a function on theft of crude oil in the Niger Delta, hence his unavailability
The Committee therefore, ceded to his request for an extension of time and fixed 29th April when Kyari would appear in person with the relevant documents for the investigation
The committee was however, frowned at MTN’s unwillingness to cooperate by tendering requested documents that would ease the findings of the lawmakers.
The Chairman of the committee described the attitude of the telecom firm as ‘disrespectful to the parliament” especially that the company replied parliament’s invitation letter to the MD through an Executive Director, MD
Besides, the lawmakers lamented the abuse of fiscal regulations by individuals and companies doing business in the country as most of them were found to be evading taxes
The General Manager, (GM) financial operations of MTN Yemisi Adeleye who appeared before the lawmakers failed to tender a certificate of assets status of the company, issued her organization by the ministry of trade and investment
The certificate was expected to contain the assets of the company which would determine how much tax was expected of them.
Since incorporation in 2001, the GM said that MTN had invested more than N3.4 trillion into the Nigerian economy and had paid more than N2.5 trillion in taxes, levies and other regulatory fees as at December 2021 including N669 billion in 2021 alone
The Committee directed the Nigerian Customs Service (NCS) to furnish it with all MTN import duty documents as well as other relevant tax documents to ascertain if waivers were given legally or wrongly to the telecom firm
NEWS
FG Approves Biggest NYSC Overhaul in 53 Years, Introduces Civilian Leadership, New Uniform
The Federal Government has approved the most comprehensive overhaul of the National Youth Service Corps (NYSC) since its establishment 53 years ago, introducing a civilian leadership structure, a redesigned uniform, and several reforms aimed at making the scheme more relevant to Nigeria’s economic and youth development goals.
The approval was granted during the Federal Executive Council (FEC) meeting held on Monday in Abuja.
A major highlight of the reforms is the replacement of the military leadership of the NYSC with a civilian operational head, while the military will continue to provide security support for corps members across the country.
READ MORE: 2027 Elections: NYSC DG Warns Corps Members Against Political Campaigns, Gives Reasons
To pave the way for the implementation of the reforms, the FEC directed the Attorney-General of the Federation and the Federal Ministry of Youth Development to amend the NYSC Act and other relevant regulations to provide legal backing for the changes.
Announcing the development, the Minister of Youth Development, Ayodele Olawande, described the overhaul as the first holistic review of the NYSC in its 53-year history.
According to him, the reforms are designed to transform the scheme into a skills-driven, productivity-focused institution that aligns with President Bola Tinubu’s vision of building a $1 trillion economy.
The reforms include a technology-driven call-up process, risk-sensitive deployment to enhance the safety of corps members, and a redesigned six-week orientation programme with greater emphasis on leadership, entrepreneurship, digital skills, and specialised career pathways.
The government also approved skills-based primary assignments that match corps members’ academic qualifications and career aspirations, improved orientation camp standards through a national grading and certification system, a new graduation ceremony to replace the traditional Passing Out Parade, and a redesigned NYSC uniform aimed at promoting professionalism and national pride.
Olawande said the reform process began in 2025 following extensive consultations involving the Federal Ministry of Youth Development, the Federal Ministry of Education, and the Office of the Special Adviser to the President on Policy and Coordination before receiving final approval from the Federal Executive Council.
He described the reforms as an investment in Nigeria’s youth, expressing confidence that the changes would make the NYSC more impactful and better positioned to equip young Nigerians with practical skills for the future.
Established in 1973 after the Nigerian Civil War, the NYSC was created to promote national unity by deploying graduates to states outside their regions of origin for one year of compulsory national service.
The latest reforms represent the first comprehensive review of the scheme since its creation.
NEWS
Ogun Govt Reveals Real Cause of Strange Gas Emissions in Schools
The Ogun State Government has explained the cause of the recent gas emissions that sparked panic in some schools across Ijebu-Ode, attributing the incidents to natural underground geological activity rather than spiritual causes or security threats.
The clarification was made during a stakeholders’ meeting in Ijebu-Ode Local Government Area, where the Commissioners for Environment, Ola Oresanya, and Health, Dr. Tomi Coker, met with parents, school administrators and development partners to provide updates on the government’s investigation.
READ ALSO: Gunmen Kill Ex-Ogun State Broadcaster, Security Guard in Early Morning Attack
According to Oresanya, scientific investigations identified methane and sulphide gases escaping through underground fractures along established fault lines as the source of the emissions.
He explained that the affected communities are located along the Ifewara-Zungeru Trans-Atlantic fault line, which stretches from Mojoda through Ijebu-Ode and extends into Osun and Niger states.
He said findings linked the fault line to the locations where the gas emissions were recorded, including the affected schools. Oresanya noted that the area was historically forested and largely uninhabited before missionary schools were established there.
The commissioner disclosed that laboratory analyses are ongoing to determine whether the gases are thermogenic or methanogenic in origin.
He also revealed that the state government is investigating the possibility that Ijebu-Ode may sit on significant natural gas deposits beneath the affected communities.
Commissioner for Health, Dr. Tomi Coker, urged residents to remain calm and adhere to safety precautions whenever gas emissions occur.
She advised residents to cover their noses with wet handkerchiefs instead of face masks and encouraged anyone requiring urgent medical attention to contact the state’s emergency health line, 08112000033.
Also speaking, the Commissioner for Education, Science and Technology, Prof. Abayomi Arigbadu, assured parents that the affected schools would only reopen after consultations with relevant stakeholders and the completion of necessary safety assessments.
The Head of the Department of Earth Sciences at Olabisi Onabanjo University, Prof. Philip Ikhane, also appealed for calm, advising residents to minimise activities such as borehole drilling and quarry blasting, warning that such activities could worsen the effects of the existing fault lines.
The Ogun State Government reaffirmed its commitment to protecting lives and property, urging residents and school authorities to promptly report any future gas emissions while investigations continue.
NEWS
‘No Gov’t Can Truly Understand Nigeria’s Economy Without Employers’ – Shettima
Vice President Kashim Shettima has said that no government can fully understand or effectively manage Nigeria’s economy if it fails to engage employers and the organised private sector.
Speaking on Monday at the 5th Nigerian Employers’ Summit in Abuja, the Vice President said the Federal Government is committed to maintaining open dialogue with businesses while removing bureaucratic bottlenecks that hinder economic growth.
Represented by the Special Adviser to the President on General Duties and former Minister of the Federal Capital Territory (FCT), Dr. Aliyu Modibbo Umar, Shettima said reforms announced by the government must be experienced by businesses across the country, including Lagos, Kano, Aba and other commercial hubs.
SEE ALSO: VP Shettima insists tax reforms will improve lives and not impoverish Nigerians
According to him, the summit comes at a crucial time as Nigeria faces key economic challenges requiring practical solutions and stronger collaboration between government and the private sector.
“The private sector cannot compete on sentiment. It competes on functional infrastructure, predictable policies, fair taxation and reliable energy,” he said.
Shettima commended President Bola Ahmed Tinubu for taking difficult economic decisions, saying true leadership requires the courage to implement reforms that lay the foundation for sustainable prosperity.
He explained that the removal of fuel subsidy, foreign exchange reforms and fiscal policy changes were necessary to restore macroeconomic stability, rebuild investor confidence and create an environment where businesses can thrive.
The Vice President noted that businesses are not opposed to paying taxes but are concerned about multiple taxation, regulatory bottlenecks and policies that increase the cost of doing business.
“Our agenda reduces the number of taxes, harmonises administration, protects the vulnerable, supports small businesses and encourages compliance by lowering rates while widening the tax base needed to fund infrastructure,” he stated.
He also reaffirmed the government’s commitment to digitising public services and simplifying approval processes to ensure businesses experience the benefits of ongoing reforms without unnecessary delays.
In his welcome address, the Director-General of the Nigeria Employers’ Consultative Association (NECA), Adewale Oyerinde, said the Employers’ Summit has consistently produced practical policy recommendations that have helped shape government policies over the past five years.
Oyerinde also announced that from 2027, the Nigerian Employers’ Summit will be expanded into the International Employers’ Summit, bringing together employers and stakeholders from across Africa and other parts of the world.





