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
200 Kaduna varsity lecturers resign over poor condition of service
Most of the lecturers who left the institution secured appointments in newer universities within and outside Kaduna State.
The Academic Staff Union of Universities (ASUU) has raised concern over the departure of more than 200 lecturers of Kaduna State University, (KASU).
Chairman of ASUU-KASU, Dr Abubakar Abdullahi, disclosed this at a press conference on Monday in Kaduna, lamenting that lecturers, including professors, left the institution due to poor conditions of service and non-implementation of the 2025 Federal Government- ASUU Agreement.
Abdullahi said that most of the lecturers who left the institution secured appointments in newer universities within and outside Kaduna State.
Consequently, the Union has issued a two-week ultimatum to the Kaduna State Government and university authorities to implement and domesticate the agreement.
The union warned that failure to act within the period could result in a total and indefinite strike at the university.
News
Edo House of Assembly Elect New Speaker Idiaye, Hints Why Agbebaku Resign
“Once the leadership is poor, it will drag the work of the governor backwards. So we decided to say no.”
•The new Speaker of the Edo House of Assembly, Mr Yekini Idiaye
The Edo House of Assembly has sworn in a newly elected Speaker , Yekini Idiaye, following the resignation of the former speaker, Blessing Agbebaku.
Speaking in an interview after his swearing-in ceremony in Benin, Idiaye pledged the full cooperation of the house to the state executive, describing Governor Monday Okpebholo as a performing leader who deserved legislative backings.
“He is doing a lot for the people of Edo, so we have to cooperate with him to move the state forward,” he added.
Fielding question on the exit of the former speaker, Idiaye cited the challenges of corruption and poor leadership.
Idiaye said: ” There’s corruption here and there. Every now and then it is adjournment — we resume tomorrow, adjournment for another 30 days, 20 days — and we were all not too happy with this leadership style.”
The new speaker pointed out that a weak legislature directly affected the executive, adding that the house had to act to protect the governor’s performance.
“Once the leadership is poor, it will drag the work of the governor backwards. So we decided to say no.”
News
Defence Headquarters say X Account Compromised
The Director of Defence Information, Major General Samaila Uba, disclosed this in a statement, describing the incident as a cybersecurity matter.
The Defence Headquarters (DHQ) has issued a notification to the public, media representatives, and relevant stakeholders regarding the compromise of its official account on X (formerly known as Twitter).
The Director of Defence Information, Major General Samaila Uba, disclosed this in a statement, describing the incident as a cybersecurity matter.
He said “appropriate technical measures had been activated to secure the account and prevent further unauthorised access.”
Uba assured the public that efforts were ongoing to fully restore control of the account, while advising members of the public to disregard any suspicious, unauthorised or misleading content posted from the account during the period.
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