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Fuel price: CUPP Accuses FG of being unfair to Nigerians

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The Coalition of United Political Parties on Wednesday faulted the hike in the price of fuel describing it as crazy and driving inflation to the rooftops.

The CUPP in a statement by its co-Spokesperson, Mark Adebayo, in Abuja, frowned at the sudden increase barely a month after the fuel price was hiked over 300 per cent.

He said, “It has come to the attention of the CUPP the sudden and surreptitious increase yet again in the pump prices of petrol by NNPCL which has immediately started having negative domino effects on all other commodities and services in the country and further drowning most Nigerians into excruciating poverty and unprecedented economic woes.

“This subsidy removal scheme is increasingly looking like a scam to cage Nigerians inside a preprogrammed regime of socioeconomic slavery dictated by leadership insensitivity. This is not about opposition Parties. The opposition actually felt that the President had something better to offer Nigerians after the subsidy removal but what we are witnessing now is a double negative impact on Nigerians in every way imaginable.

“The way NNPCL is behaving now suggests that there is a hidden agenda of crazy and unending fuel price hikes that will be driving inflation to the rooftops and making life increasingly unbearable for Nigerians generally.”

The CUPP spokesperson slammed the government for abandoning the citizens to unpredictable market forces without a policy on palliatives.

He said, “No purposeful government would recklessly abandon its citizens to the unpredictable and inhumane market forces that are essentially atrocious and callous in nature without a robust intervention to protect the citizens. Such a policy is not only antisocial but also outrageously iniquitous.

“Nigerians have shown enough understanding on the subsidy removal, this administration should not push them to the wall and thereby instigate unmanageable mass crises that could further jeopardize the life of the common man.

“President Bola Ahmed Tinubu must immediately show himself as a compassionate leader by ensuring that the NNPCL is not hijacked by the same forces that stole the fuel subsidy monies leading to its removal and finding a backdoor to continue claiming the subsidy by other means and making Nigerians bear the brunt of their economic terrorism.

“We demand the immediate removal of the NNPCL GMD, Mele Kyari, to allow for a breath of fresh air in the organization and for his tenure to be forensically investigated and all discovered infractions comprehensively prosecuted before the NNPCL is turned into the terrorist arm of the economic cabal

“The government must immediately do something to reverse the recent fuel price hikes and stop any future plans to clandestinely increase the pump prices with the predictable value of increasing the sufferings of Nigerians. When will Nigerians be free from the wickedness of their governments?”

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NAFDAC : Fake Cowbell Milk in circulation

Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.

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The National Agency for Food and Drug Administration and Control (NAFDAC) advises Nigerians to be vigilant and avoid purchasing counterfeit 12g Cowbell “Our Milk” sachets circulating across the country.

In a statement issued on Friday, the agency explained that the counterfeit product imitates the discontinued Cowbell “Our Milk” packaging, which Promasidor Nigeria Ltd stopped producing in September 2023.

The legitimate product was replaced with Cowbell “Our Creamy Goodness.”

The fake sachets unlawfully bear the Cowbell brand name, NAFDAC registration number and packaging design, despite not being manufactured or distributed by Promasidor.

The counterfeit products currently in circulation are imitations of the discontinued ‘Our Milk’ packaging and are not manufactured or distributed by Promasidor,” the agency stated.

“They bear unauthorised use of the brand name, NAFDAC Registration Number, and packaging design.”

The regulator raised concerns over the health risks posed by the counterfeit product.

“Risk Statement: Consumption of counterfeit milk poses serious health hazards, including exposure to toxic chemicals, unapproved additives, or diluted ingredients.

Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.

Infants, children, pregnant women, and the elderly are particularly vulnerable,” NAFDAC warned.

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Japan designates the city of Kisarazu for Nigerians to live and work

Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

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The Japanese government has designated the city of Kisarazu as the official “hometown” for Nigerians seeking to live and work in Japan

Japan also unveiled similar hometown designations for Tanzania, Ghana, and Mozambique in Nagai, Sanjo, and Imabari, respectively.

The announcement was made on the sidelines of the 9th Tokyo International Conference for African Development (TICAD9), a move aimed at deepening cultural diplomacy, promoting economic growth, and enhancing workforce productivity.

Under the new arrangement, the Japanese government will introduce a special visa category for highly skilled, innovative, and talented Nigerian youth. Artisans and other blue-collar workers willing to upskill will also be eligible to live and work in Kisarazu under the special visa dispensation.

“Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

The designation of Kisarazu builds on historical ties between Nigeria and the city.

The Nigerian Olympic contingent trained in Kisarazu during preparations for the 2020 Tokyo Olympics, where athletes acclimatised before moving to the Olympic Village.

Mayor Yoshikuni Watanabe of Kisarazu, who received the certificate from the Japanese government alongside Mrs. Adeseke, expressed optimism that the initiative would boost the city’s population and contribute to regional revitalisation efforts.

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BREAKING: FG, state, local governments share N2.001trn July revenue

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The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).

The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.

The distributable revenue included:

  • N1.282 trillion in statutory revenue
  • N640.610 billion from Value Added Tax (VAT)
  • N37.601 billion from Electronic Money Transfer Levy (EMTL)
  • N39.745 billion from exchange rate difference

Out of the total distributed funds:

  • The Federal Government received N735.081 billion
  • State Governments received N660.349 billion
  • Local Government Councils received N485.039 billion
  • N120.359 billion was shared to oil-producing states as 13% derivation revenue

Revenue Breakdown:

Statutory Revenue (N1.282 trillion):

  • FG: N613.805 billion
  • States: N311.330 billion
  • LGs: N240.023 billion
  • 13% Derivation: N117.714 billion

VAT (N640.610 billion):

  • FG: N96.092 billion
  • States: N320.305 billion
  • LGs: N224.214 billion

EMTL (N37.601 billion):

  • FG: N5.640 billion
  • States: N18.801 billion
  • LGs: N13.160 billion

Exchange Gains (N39.745 billion):

  • FG: N19.544 billion
  • States: N9.913 billion
  • LGs: N7.643 billion
  • 13% Derivation: N2.643 billion

The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.

FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.

The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.

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