News
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
President Tinubu at 74, Donates Salaries to Armed Forces Welfare Fund
As a personal commitment, the President has pledged to contribute all his salaries since assuming office as seed funding for the initiative, reinforcing his resolve to ensure that those who have borne the cost of Nigeria’s peace and security are not forgotten.
President Bola Ahmed Tinubu has announced the establishment of a dedicated support fund for members of Nigeria’s Armed Forces, those wounded in the line of duty, and the families of fallen heroes.
The President announced the initiative on Sunday, using the commemoration of his 74th birthday, to honour the courage, sacrifice, and service of the nation’s military personnel.
In a statement , Bayo Onanuga the Special Adviser to the President Information and Strategy, said that President Tinubu has directed the Accountant-General of the Federation to establish a special account for the fund, which will provide targeted support to injured service members, as well as to widows, widowers, and children of those who lost their lives in service to the country.
As a personal commitment, the President has pledged to contribute all his salaries since assuming office as seed funding for the initiative, reinforcing his resolve to ensure that those who have borne the cost of Nigeria’s peace and security are not forgotten.
The President called on State Governors, members of the National Assembly, the private sector, his friends, and well-wishers to support the initiative, noting that details of the fund will be made available in due course.
President Tinubu emphasised that the initiative is rooted in a solemn national obligation to care for those who stand in harm’s way and the families who carry the burden of their sacrifice, irrespective of insurance programmes available to members of the armed forces.
President Tinubu also stated that supporting members of the Armed Forces and their families is not an act of charity, but a duty that all must fulfil.
The President reaffirmed his administration’s commitment to strengthening the welfare of military personnel and ensuring that their service to the nation is matched with dignity, care, and sustained support.”
News
El-Rufai’ loses mother, Hajiya Umma
She died at a time El-Rufai remains in custody following his arraignment by the Independent Corrupt Practices and Other Related Offences Commission on a 10-count charge bordering on alleged conversion of public property and money laundering.
Hajiya Umma El-Rufai, the mother of detained former Kaduna State Governor Malam Nasir El-Rufai, is dead
Her grandson, Hon. Bello El-Rufai, confirmed the development on Friday in a Facebook post:
“Inna lillahi wa inna ilayhi raji’un. I would like to inform the public of the demise of my Grandmother, Hajiya Umma El-Rufai who passed away a few hours ago. She is the biological mother of our father, Mallam Nasir El-Rufai.
We are grateful for the life she lived and may Allah SWT bless her gentle soul. On behalf of our family, we seek your prayers.”
She died at a time El-Rufai remains in custody following his arraignment by the Independent Corrupt Practices and Other Related Offences Commission on a 10-count charge bordering on alleged conversion of public property and money laundering.
News
Kano Deputy Governor Resigns
The decision to step down does not amount to an admission of the allegations leveled against him by the Kano State House of Assembly.
The Deputy Governor of Kano State, Aminu Abdusalam Gwarzo, has resigned from office ahead an ongoing impeachment process by the State House of Assembly.
Spokesperson for Kwankwasiyya Movement , Habibu Mohammed, confirmed the resignation in a statement on Friday, stating that the decision was taken in the overall interest of the people and to ensure stability in the state’s governance.
The Assembly had earlier issued an impeachment notice to the deputy governor over allegations of misappropriation and gave him a two-week ultimatum to respond. The deadline elapsed penultimate Friday,
The statement explained that recent developments had significantly limited the deputy governor’s ability to fully discharge the responsibilities of his office, making it necessary for the position to function without constraints in the public interest.
It, however, clarified that the decision to step down does not amount to an admission of the allegations leveled against him by the Kano State House of Assembly.
The embattled deputy governor who is a strong ally of Rabiu Kwankwaso refused to follow the governor to join the APC.
-
News3 days agoKano Deputy Governor Resigns
-
News3 days agoEl-Rufai’ loses mother, Hajiya Umma
-
Politics1 day agoJUST IN: Kwankwaso Set to Join ADC on Monday
-
Sports15 hours agoCAF appoints Nigeria’s Samson Adamu as acting secretary general
-
Business15 hours agoGovernor Otti Commissions Ultimum Manufacturing Plant in Aba
-
News6 hours agoPresident Tinubu at 74, Donates Salaries to Armed Forces Welfare Fund
-
Politics6 hours agoPDP will contest 2027 polls, says Wike
-
Business5 hours agoOPay launches new office in Jos
