News
Senate Rejects Motion to Probe N1.3bn PFIPC Allocation Amid Fresh Scandal Allegations
The Nigerian Senate has rejected a motion seeking a full-scale investigation into the controversial allocation of N1.3 billion to the Petroleum Fuel Import Pricing Committee (PFIPC), a decision that has intensified accusations of a cover-up in what is now being called the PFIPC scandal.
The motion, which was brought before the upper chamber on Wednesday, aimed to compel relevant committees to investigate the disbursement and utilisation of the funds. Proponents argued that the allocation raised serious questions of transparency, accountability, and possible mismanagement of public resources at a time when Nigerians are grappling with high fuel prices and economic hardship.
However, the Senate voted against the motion after a heated debate, with a majority of senators opposing the probe. Critics within and outside the chamber have described the rejection as a blatant attempt to shield powerful interests from scrutiny.
Details of the N1.3 billion allocation first emerged in recent weeks, triggering public outrage. Opposition lawmakers and civil society groups claim the funds were released under questionable circumstances with little documentation on how they were spent or what specific objectives were achieved. Some reports suggest the money was meant for subsidy-related activities or price modulation mechanisms, but lack of clarity has only fuelled suspicions of impropriety.
Reacting to the Senate’s decision, Senator [Name], who sponsored the motion, expressed disappointment: “This is a sad day for transparency in governance. Nigerians deserve to know what happened to this money.”
The development comes as the National Assembly faces growing pressure to demonstrate commitment to fighting corruption. Public commentators and activists have taken to social media to condemn the rejection, with many calling for external intervention by anti-graft agencies such as the EFCC and ICPC.
As of now, the executive arm has remained silent on the matter. The Senate leadership has defended its decision, stating that existing oversight mechanisms are sufficient and that not every allegation warrants a full parliamentary investigation.
The PFIPC scandal continues to generate heated debate, with calls mounting for more openness in the management of petroleum sector funds that directly affect the cost of living for millions of Nigerians.
News
FG launches new digital postcodes
The code is designed to provide a precise, GIS-enabled reference for identifying locations.
• Image credit: NIPOST
The Federal Government has launched the National Digital Alphanumeric Postcode System, urging Nigerians to find and begin using their postcodes.
The National Digital Alphanumeric Postcode, operated by the Nigerian Postal Service, gives every addressable building a unique 11-character code — the code is designed to provide a precise, GIS-enabled reference for identifying locations.system. Easier to find, share and use.
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani announced the launch in a post on X on Thursday.
Tijani described the system as a step towards making locations across the country easier to identify and connecting people and businesses to services and opportunities.
Tijani said the system could help businesses reach customers beyond their immediate neighbourhoods, enable families to provide accurate locations during emergencies and help government agencies reach communities with essential services.
The minister encouraged Nigerians to search for their postcodes through the official Digital Postcode website, postcode.gov.ng, and share them with family members, friends and businesses.
News
Nigeria @ 66: President Tinubu says next phase of reforms’ll cut cost of living
“Our reforms did not create the weaknesses in our economy. They confronted them,” he said, while warning against attempts to reverse the policies and return to what he described as the “abuse of addictive subsidies”.
President Bola Tinubu has declared that the next phase of his administration’s reform will be focused on reducing the cost of living, creating jobs and ensuring that the benefits of economic growth were widely shared.
President Tinubu gave the assurance in his Independence Day address to mark Nigeria’s 66th anniversary, titled “From Reform to Prosperity”, in which he defended the economic policies of his administration and urged Nigerians to stay the course.
Tinubu said the reforms undertaken since his assumption of office had corrected the country’s economic direction, describing them as painful but necessary treatment for longstanding structural problems.
Using a cancer patient as an analogy, the President said Nigeria had for too long treated the symptoms of its economic problems rather than confronting their underlying causes.
“By 2023, poverty was rising, and hope was nearly gone. The country’s situation was darker than ever. We had no choice but to act,” he said.
Tinubu said previous administrations had chosen “morphine” by sustaining inefficient arrangements and postponing difficult decisions, while his administration chose to “excise the cancer”.
He acknowledged that the reforms had produced painful “side effects”, but argued that the hardship should not be confused with the underlying economic problems they were designed to address.
“Our reforms did not create the weaknesses in our economy. They confronted them,” he said, while warning against attempts to reverse the policies and return to what he described as the “abuse of addictive subsidies”.
The President’s speech came as some stakeholders and analysts regretted that, despite various reforms embarked upon by successive Federal Governments, the country was yet to come out of the woods economically and socially.
News
Atiku Demands Release of 5 Arrested Over ‘Tinubu Must Go’ T-Shirts
Former Vice President Atiku Abubakar has demanded the immediate release of five men arrested in Borno State for wearing T-shirts bearing the slogan “Tinubu Must Go.”
In a statement issued on Wednesday, the African Democratic Congress (ADC) presidential candidate condemned the arrests, describing the slogan as a legitimate political expression rather than a crime. He argued that wearing a T-shirt with a political message should not lead to detention in a democracy.
The five men — identified as Baba Aji Gremami, Mustapha Abba Yemen, Abacha Mohammed Ali, Adam Umar Gubio and Abdulhamid Mohammed — were reportedly arrested by the Borno State Police Command in Maiduguri and charged with offences including criminal conspiracy and inciting disturbance.
Atiku recalled that President Bola Tinubu had previously protested against the fuel pricing policies of the Goodluck Jonathan administration. He insisted that Nigerians must equally be free to express dissatisfaction with current government policies.
“‘Tinubu Must Go’ is a demand for political change. It is not a weapon, a threat or a crime,” Atiku said. “Tinubu was free to tell Jonathan that his policies were hurting Nigerians. Nigerians must be free to tell Tinubu that his policies are hurting them. Release these five citizens now.”
He called on the authorities to disclose the detainees’ whereabouts, grant them access to their families and lawyers, and free them if the political slogan was the sole basis for their arrest.
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