Connect with us

News

President Tinubu Reveals why he Included Fuel Subsidy Removal in his Inauguration speech

Published

on

6 Views

Nigerian President, Bola Tinubu has on Friday described fuel subsidy as a “scam” and disincentive to growth, saying it rewarded smugglers and reduced the burden of the “real cost” of the commodity for some countries.

Tinubu made the assertion during a meeting with members of the Nigerian community in France, said a statement by his Special Adviser on Special Duties, Communication and Strategy, Dele Alake, later that day.

Addressing Nigerians in France, Tinubu explained that the Special Adviser on Monetary Policy, Wale Edun and Alake had excluded fuel subsidy removal from his inaugural speech, “but he felt it was expedient to stop the subsidy on the first day”.

President Bola Tinubu meets with Nigerians in Paris, France on Friday, June 23, 2023. Photo: State House
This marked the first time the President would publicly comment on his May 29 inaugural speech, in which he declared that fuel subsidy is gone.

The comment sparked a near-instant hike in prices and hoarding, leading to calls for protests by the Nigeria Labour Congress (NLC). This is despite former President Muhammadu Buhari’s early moves to end the payment of fuel subsidy by June.

President promised to reposition the education and health sectors, adding that ongoing reforms on the economy would be sustained and expanded, with a view to relieving families struggling with the burden of poverty and insecurity.

The remarks come 11 days after the President signed the Students Loan Bill into Law.

See the full statement below:

STATE HOUSE PRESS RELEASE

DIASPORA NIGERIANS POUR ENCOMIUMS ON PRESIDENT TINUBU FOR DECISIVE ACTION ON ECONOMY, PRESIDENT PROMISES TURN AROUND IN EDUCATION, HEALTH, SPORTS, SECURITY,

ENERGY

President Bola Ahmed Tinubu Friday in Paris–France assured Nigerians of repositioning the education and health sectors, while the ongoing reforms on the economy will be sustained and expanded, with a view to relieving families struggling with the burden of poverty and insecurity.

In an interactive session with members of Nigerian community living in France, who lauded President Tinubu for taking bold, decisive and visionary steps in fixing the economy, the Nigerian leader said more creative and innovate policies will be explored and implemented in areas that directly impact livelihood of Nigerians, like electricity sports and energy.

“To all of you, our hope renewed,’’ he said, welcoming plethora of suggestions going forward for the economy, and explaining some of the short-term and long-term framework for providing growth opportunities for individuals, families and institutions.

President Tinubu said the interest of Nigerians will always be protected, even in engagements with the international community, governments and multilateral institutions on global issues relating to climate change, energy transition, food security, trade, security and diplomacy.

“We have transport challenges, electricity challenges, infrastructural challenges and others. I let out the giant elephant of fuel subsidy without bringing down the house,’’ he said, adding, “Our diversity is our asset, if we know how to use it.’’

“We must promote unity and stability for all. Whether you voted for me during the elections, or not, I am your President. I will work on your behalf to ensure a turning point of prosperity,’’ the President told the gathering of professionals, including David Alaba, a footballer.

The President said he was presented with an option of meeting with a handful of Nigerians in France, but he preferred a larger number, pledging to be persistent, determined and focused on reforms for a better country.

President Tinubu explained that the fuel subsidy was a “scam” and disincentive to growth as it rewarded smugglers and reduced the burden of real cost of the commodity for some countries.

He said the Special Adviser on Monetary Policy, Wale Edun and Special Adviser on Special Duties, Communication and Strategy, Dele Alake, had excluded fuel subsidy removal in his inaugural speech, but he felt it was expedient to stop the subsidy on the first day.

“It was the next day I called the GMD of NNPL,’’ he said.

Nigeria’s Ambassador to France, Kayode Laro, thanked the President for accepting the proposal for the meeting with Nigerians on short notice and tight schedule, while the Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Ereluwa introduced some of the experts in France.

“We have Nigerians who are doing great today among us. We have the diaspora day and diaspora investment summit that provides opportunities for us to celebrate them, and attract new interests,’’ she said.

Prof Emmanuel Iga, Abiodun Odunuga, Anino Elawa, commended the President for the great steps taken in three weeks to reposition the economy.

“You have shown we have a committed and competent leader. You are the first President, who has no godfather. You are your godfather. We are impressed with removal of subsidy and streamlining of foreign exchange. We will wait for the palliatives,’’ Iga said.

Nigerians at the event assured President Tinubu of their full support for his progressive ideas.

Special Adviser to the President
Special Duties, Communication and Strategy
June 23, 2023

News

Nigeria: There’s Fire on the Mountain, and no one is a runnin’

It is sad that foreign armed groups are able to overrun the nations’ security apparatus not minding the mind bugling amount of funds voted every year in the nation’s budget on security.

Published

on

By

3 Views

By John Segun Odeyemi

Image credit: Burnt Community in Benue

Until now, I have refrained from writing commentaries about the political landscape of our country, Nigeria.

I have become disenchanted with the downward spiral of the absurdities that have become common place within the political space.

Within the last few days, I have read several articles on the killings in Plateau, Nasarawa and Benue States, and I am convinced to add my voice to the outcry of government’s inability to act proactively in securing the safety of Nigerians from marauding and murdering Fulani insurgents, Boko Haram terrorists and the incessant and now common place kidnapping for ransom.

Anywhere in the world, the first duty of any government is to secure the safety of its citizens in and outside of the country.

It is clear that the government of President Ahmed Bola Tinubu is either incapable or unwilling to tackle the continuous decimation and subjugation of our people.

In most other climes that claim democratic principles, those in leadership should have resigned from office.

Not in Nigeria! Here we glorify ineffectiveness and inefficiencies.

In the epic 2008 song titled, “There is Fire on the Mountain,” by the Nigerian musician who goes by the name Asa, she makes the claim even though this fire is raging, surprisingly, no one is running.

I find two corollaries, one in an old English idiom, and the other in traditional Yoruba oral tradition; for the English, “The proverbial ostrich that buries its head in the sand.

And the Yoruba wisdom, “No one lights a torch and leaves it burning around a thatched roof.”

In both instances, the culprit is inertia or the lack of desire to act in preventing a disaster.

Either of which does not describe, even at the minimal level, a people willing to act fundamentally from a place of common sense!

Unfortunately, when I see the shenanigans, politicians have reduced my country to, I can only conclude we have politicians who have knowingly set a fire to the country.

And we have a citizen who see the fire and refuse to run.Human life is sacred and each individual’s life should be protected.

Sadly, the entire nation seems inured to a culture of bloodletting, savagery and the disposal of human life.

Our social media space is diffused with gory videos and pictures of unthinkable scenes of inhumane accounts of man’s inhumanity and cruelty to other humans.

Anywhere in the world, the first duty of any government is to secure the safety of its citizens in and outside of the country.

More specifically, of brigandry to defenseless communities.

A situation where aggressors over run entire communities, displace the communities and inhabit their homes without re-adjudication or lawful intervention by constituted authority and, or state intervention.

I continue to hear of “insecurity” in the nation when in reality, what we have is the invasion of our sovereignty as a nation.

It is sad that foreign armed groups are able to overrun the nations’ security apparatus not minding the mind bugling amount of funds voted every year in the nation’s budget on security.

One is forced to question the usefulness and functionality of government sponsored and funded state security agencies.

One cannot but wonder why insurgents are better equipped than the nation’s army in arms and intelligence gathering?

Who are the invested players who supply them with arms and ammunition?

How can bandits become so powerful as to brazenly over run our country’s army encampment, capture Nigerian soldiers, take their armored cars and weapons and put all of this on social media?

There are multiple narratives circulating and making the rounds especially on social media.

Unfortunately, there is no way of verifying the authenticity of some of these claims.

Some shadowy entities trace the incessant bloody and extremely violent attacks on a bid, either for the Islamization of the country or Jihad aimed at a land grab in favor of all shades of Fulanis from the Sahel.

Some even make the claim that it is both issues morphed into one.

I find some plausibility at least in the Fulani bid to find a home in Nigeria.

The current governor of Borno state made that claim on national TV. When asked if the Fulanis coming from outside Nigeria are Nigerians.

He blatantly said “Yes.” Immediately, when I encounter political impropriety and lack of diplomacy at this level, my mind goes into a default.

I try to find a matching partner for buffoonery; in this instance, I thought his less- cellency should be sent to Donald Trump’s school of diplomacy and should not be allowed to return without a doctorate.

For far too long, we have behaved like the ostrich, unable to confront, nationally, the real issues we need to confront; our federalism vis-à-vis regionalism, state policing, our current constitution, our so called “democracy”, and the relationship between the North and the rest of the country.

I believe there is enough land and space in the North to accommodate kith and kin from other climes to settle and graze their cattle up north.

Ranching versus grazing and any other animal husbandry is fine as long as your business does not disrupt mine.

But we all know that grazing is intentionally done to destroy people’s hard work on their farms.

We all know it, but we are looking the other way and mumbling the fool’s mantra, “It is well!”

It is not well, and there is no way it will be well, if some psychotic, marauding murderers, rapists, and demented drug addicts are allowed to kill innocent citizens of our country.

We can no longer be silent if we are human and sane.

If the corridors of power are playing politics with our fellow citizens’ property, security and lives, we have a moral obligation to rise up in holy and righteous anger to stump on evil.

Just last week, we witnessed in the United States, how an entire country came out en-masse to protest what was perceived as oligarchy, an affront on the idea of American democracy, which was tagged “No King.”

Why are we unable to hold our politicians accountable? Why is it that it seems we do not understand that they work for us (even though they steal from us all the time!)

If we do not force a change by our action as citizens, knowing that our so-called politicians are only interested in their own welfare; we must then ask ourselves the mother of all questions… pardon me to borrow from Asa again; “…

One day, the river will overflow and there will be nowhere for us to go.

And we will run, run, wishing we had put out the fire.”

When all has been said, we need to all agree as Nigerians, that these killings are too much! If you do not feel this empathy, then know you are a part of the killing spree.

Those who nurture this theater of war are not interested in building a nation or having a viable ecumenical union among religions in our country. it is all about disorder so they can continue to steal and enrich themselves; “… the more you see, the less you understand, Abracadabra!” If we keep quiet, they continue to eat away at the innards of our country and the rest of us, shall be unaware of what our infestation is coming from?

From within, they will polarize our peoples, dislocate the unity of our communities.

From our jaded communities, we help spew hate and hate and more hate. This in turn corrodes our ability to build a unified front.

Our politicians place their lighted touch under a thatched roof and go to bed on their watch.

When the fire starts, where are we going to run? We can douse the fire now if we imagine the conflagration that a burning Nigeria will look like.

John Segun Odeyemi, is a Catholic Priest and assistant professor of Systematic theology at the Institute for Black Catholic Studies, Xavier University of Louisiana.

Continue Reading

Crime

Kaduna Police Command reveals identity of man in Tinubu’s recent near attack (Video)

Published

on

26 Views

The Kaduna State Police Command has revealed the identity of the man who caused panic after charging towards President Bola Tinubu during his visit to the state.

According to the police, the suspect has been identified as Umar Mohammed, a resident of Anguwan Muazu in Kaduna.

The incident happened during the commissioning of a 300-bed specialist hospital in Millennium City.

As President Tinubu was addressing the audience, Mohammed suddenly broke through the crowd and rushed toward him, triggering a swift response from security operatives.

The moment left Tinubu visibly shocked, as seen in a widely shared video showing his startled reaction and the confusion among his security team.

Police later disclosed that the man has a mental health condition he has lived with since birth.

They described his actions as unplanned and driven by excitement, adding that he was unarmed and posed no real threat after being restrained.

Despite the scare, the event continued as planned.

Governor Uba Sani led the inauguration of the hospital, which is expected to boost healthcare access in Kaduna.

https://twitter.com/drizzle_new/status/1935781337690182018?s=19

Video credit: TVC (Twitter)

Continue Reading

News

Hardship: Govs Agree to Dismantle Illegal Road Blocks, Multiple Taxes

The communique was signed by NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.

Published

on

By

31 Views

Governors of the 36 states of the federation have agreed to dismantle illegal road blocks and multiple taxes across the country.

They made the resolution after a meeting of the Nigeria Governors’ Forum (NGF) in Abuja, which ended early Thursday.

The governor of Lagos State, Babajide Sanwo-Olu, who read the communique at the end of the meeting, said that the governors resolved to dismantle illegal road blocks and multiple taxes, which they said contributed to food inflation in the country.

The communique was signed by NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.

(ThisDay)

Continue Reading

Trending