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
Judge Expels Kanu from courtroom
As the court prepared to deliver judgment, Kanu objected, insisting he had not filed his final written address.
Justice James Omotosho of the Federal High Court this morning, ordered Nnamdi Kanu out of the courtroom for unruly behaviour midway through Thursday’s proceedings.
The trial judge is set to deliver judgment in a case spanning ten years.
The judge had earlier dismissed three fresh motions filed by Kanu, ruling them unmeritorious.
As the court prepared to deliver judgment, Kanu objected, insisting he had not filed his final written address.
He raised his voice, accused the judge of bias, and declared that the court “did not know the law.”
Following the outburst, security operatives escorted Kanu from the courtroom. Justice Omotosho is now set to proceed with reading the final judgment in the long‑running terrorism case.
A serious accident on Thursday morning caused heavy traffic at the Otedola Bridge, just before the Lagos State Secretariat, leaving hundreds of commuters stranded.
The gridlock has severely slowed movement, disrupting the morning rush as motorists struggle to navigate the heavily congested route.
As of now, no emergency team has arrived at the scene to manage the situation or restore traffic flow.
Details later…
News
NAF Devastates Terrorist Enclave at Sambisa Forest
The strike achieved its intended effect with the complete destruction of all identified targets, significantly degrading the terrorists’ operational capabilities and disrupting their command and logistics networks.
The Nigerian Air Force (NAF) yesterday struck a notorious terrorist hideout within the Sambisa general area.
Ehimen Ejodame, Air Commodore Director of Public Relations and Information,Headquarters, Nigerian Air Force, disclosed this in a statement.
It said that the Air Component of Joint Task Force Operation HADIN KAI initiated the attack following series of intelligence, surveillance, and reconnaissance (ISR) missions that tracked terrorist movements following the 17 October ambush on ground troops at KASHOMRI.
Persistent ISR coverage over KASHOMRI and Sambisa revealed suspicious activities and active terrorist structures at ARRA, prompting a deliberate, intelligence-driven strike.
NAF air assets acquired and engaged designated objectives through coordinated, successive passes.
The strike achieved its intended effect with the complete destruction of all identified targets, significantly degrading the terrorists’ operational capabilities and disrupting their command and logistics networks.
This successful mission underscores the NAF’s unwavering commitment to protecting the nation, supporting ground forces, and sustaining relentless pressure on terrorist elements across all theatres of operation.
The Nigerian Air Force remains resolute in its mission to neutralize threats, defend Nigeria’s territorial integrity, and secure enduring peace for all citizens.
Judge Expels Kanu from courtroom
BREAKING: Early Morning Accident Causes Major Traffic on Otedola Bridge
NAF Devastates Terrorist Enclave at Sambisa Forest
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