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BREAKING: Oodua groups back Tinubu on fuel subsidy removal
The Coalition of Oodua Self-Determination Groups has appealed to Nigerians to support the subsidy removal by President Bola Tinubu saying that he took the right decision.
The leader of the Yoruba groups, Mr Razak Olokoba, while speaking in a joint press conference held at the Airport Hotel, Ikeja, Lagos State on Tuesday, June 6, 2023, said Nigeria cannot continue to budget trillions of naira on fuel subsidy alone.
He said, “For this year, 2023, Nigeria budgeted N11 trillion of its oil revenue on subsidising petrol alone. This cannot continue. This is good money going down the drain, with little or nothing to show for it.
“This huge amount can be channelled into solving our several deficits, including, infrastructural, housing, education, healthcare and generally upgrading the quality of life for Nigerians. It will also help strengthen the naira.
Olokoba stressed that Nigeria’s economy depends 90 per cent on petroleum exports for its revenue and one-third of its Gross Domestic Product has been zero revenue from the sector, adding, “Tinubu said he inherited the assets and liabilities of the last regime. Nigeria currently owes massive local and foreign debts to the tune of N71 trillion.”
The group’s leader maintained that if the subsidy is not killed, it will kill Nigerians while explaining that since the year 2000 when the Nigerian government gave 20 refinery licences to private companies, adding that none was built apart from Dangote’s recently inaugurated.
Olokoba further encouraged competition in the oil sector, noting that it will bring about lower prices.
Details later…
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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Airport Access Gates: FG Approves Cash and FAAN Go Cashless Cards for Payment
The statement also noted that motorists who already possess FAAN Go Cashless Cards can continue using them until further notice.
In addition, other electronic payment channels, including Point-of-Sale (POS) terminals and approved digital platforms, will remain available
The Federal Government has directed the Federal Airports Authority of Nigeria (FAAN) to accept both cash and electronic payments at airport access gates nationwide, as part of efforts to ease traffic congestion.
The directive followed a meeting between the Minister of Aviation and Aerospace Development and officials of the FAAN, alongside senior officials of the ministry, on Tuesday.
The move comes after President Bola Ahmed Tinubu ordered the suspension of the full cashless payment system at airport access gates following complaints that it had caused traffic gridlocks.
In a statement issued in Abuja by the minister’s Special Adviser on Media and Communications, Tunde Moshood, the government has resolved to gradually transition to a fully automated payment system at airport access points.
As part of the interim measures, the ministry announced that a hybrid payment system allowing both cash and card payments will take effect at all airport access gates from March 13, 2026.
The statement also noted that motorists who already possess FAAN Go Cashless Cards can continue using them until further notice.In addition, other electronic payment channels, including Point-of-Sale (POS) terminals and approved digital platforms, will remain available
News
LASEMA Cautions Social Media Platforms Against Circulating False News
LASEMA Permanent Secretary, Dr. Olufemi Damilola Oke-Osanyintolu, made the call today following his visit to a collapsed three-storey school building at Yemco Schools, Daycare Nursery, Primary and Comprehensive College, located at 11, Adu Street, Behind County Hospital, Aguda, Ogba, Lagos State.
The Lagos State Emergency Management Agency (LASEMA) has cautioned news platforms, especially social media against the circulation of misleading information.
LASEMA Permanent Secretary, Dr. Olufemi Damilola Oke-Osanyintolu, made the call today following his visit to a collapsed three-storey school building at Yemco Schools, Daycare Nursery, Primary and Comprehensive College, located at 11, Adu Street, Behind County Hospital, Aguda, Ogba, Lagos State.
He said : “In situations like this, inaccurate reports and exaggerated claims can create unnecessary panic within the public.
“We urge members of the public and media platforms to rely only on verified information released by official government agencies such as LASEMA and other authorized emergency management bodies.
Spreading unverified information during emergencies can hinder response operations and misinform the public.
” First and foremost, I want to reassure the public that this incident did not result in any loss of life.”
He emphasised:” After careful assessment and rescue operations, I can confirm that all individuals within the vicinity of the building were accounted for and no casualties were recorded. Because no lives were lost, we categorize this situation not as a disaster but as an emergency incident, which was quickly managed through coordinated response efforts.”
According to him, emergency responders from the Lagos State Emergency Management Agency and other first responders were immediately deployed to the scene to conduct a thorough search and safety assessment.
Our emergency teams promptly secured the environment, carried out safety checks, and ensured that there were no trapped victims within the structure.
The safety of residents, students, and staff remains our top priority.
The Lagos State Government remains committed to protecting lives, ensuring rapid emergency response, and maintaining public safety across the state.
We will continue to work with relevant authorities to assess the structural integrity of buildings across Lagos and enforce safety regulations where necessary.
Once again, I want to reassure residents that the situation has been fully contained and there is no cause for alarm.”
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