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
Somtochukwu Maduagwu, Arise News Anchor Murder Suspects’ Hearing adjourn February 9-11
Aside from the killing of the Arise News Anchor, they are charged with armed robbery involving other residents at the estate where Somtochukwu was killed.
Photo: Somtochukwu Maduagwu, Arise News Anchor and lawyer
The FCT High Court Abuja has slated three days hearing for suspects that killed Somtochukwu Maduagwu, Arise News Anchor and lawyer.
Ohibaba.com learned that the matter is adjourned to 9, 10 and 12 February, 2026 for definite hearing.
The suspects were arraigned on amended Charges filed on 10th January before the FCT High Court.
Aside from the killing of the Arise News Anchor, they are charged with armed robbery involving other residents at the estate where Somtochukwu was killed.
All of them pleaded not guilty.
Defendants to be remanded in Kuje Correctional Facility.
News
Suicide bomber Kills Five Soldiers in Borno Waylaid
Security sources said that the attack occurred as troops were returning from a successful clearance operation that dislodged several insurgent camps and neutralised many fighters.
Five soldiers were killed while several others sustained injuries when a suicide bomber rammed an explosive-laden vehicle into a military convoy at the Timbuktu Triangle axis of Borno State.
Security sources said that the attack occurred Tuesday as troops were returning from a successful clearance operation that dislodged several insurgent camps and neutralised many fighters.
Two senior officers, a Major and a Lieutenant, were among those affected.
The military has yet to issue an official statement, as clearance operations are still ongoing in the area.
News
Ogun Govt Suspends Selection of New Awujale to prevent mayhems
Hon. Hamzat added that the decision was taken proactively to prevent any breakdown of law and order and to ensure that the eventual emergence of a new Awujale follows due process acceptable to all stakeholders.
The Ogun State Government has again suspended the ongoing process for the selection of a new Awujale of Ijebuland.
In a statement issued on behalf of the State government, the Honourable Commissioner for Local Government and Chieftaincy Affairs, Hon. Ganiyu Hamzat, said the decision became necessary following several complaints and intelligence reports received from security agencies and other key stakeholders involved in the selection process.
The government described the Awujale stool as one of the foremost and most prestigious traditional institutions in Yorubaland and Ogun State, noting that the stature of the immediate past Awujale, Oba Sikiru Kayode Adetona, who reigned for 65 years, further elevated the global prestige and reverence of the throne.
According to the commissioner, the prominence of the stool and the legacy of the late monarch have placed intense public attention and scrutiny on the emergence of the next Awujale, making it imperative for the state to act decisively to safeguard public order and uphold the dignity of the institution.
“The State Government has received several petitions, reports from security agencies and other key stakeholders in relation to the ongoing selection process.
In order to maintain public order, protect the integrity of the process and preserve the veneration of the stool, it has become imperative to halt the selection process at this time,” the statement read.
The government explained that its action was backed by the provisions of the Obas and Chiefs’ Law of Ogun State, 2021, which empowers the Executive Council to set aside an appointment if it is deemed necessary in the interest of peace, order and good governance.
Hon. Hamzat added that the decision was taken proactively to prevent any breakdown of law and order and to ensure that the eventual emergence of a new Awujale follows due process acceptable to all stakeholders.
Consequently, the state government directed that the decision be formally communicated to the Awujale Kingmakers Council and the Fusengbuwa Ruling House.
The ruling house was specifically advised to await further directives from the government regarding the continuation of the selection process.
The development has temporarily stalled the succession process to the highly respected Awujale throne, as the government reviews the situation to ensure a peaceful, transparent and credible outcome.
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