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BREAKING: Oodua groups back Tinubu on fuel subsidy removal

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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…

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Kara Bridge Repairs Cripple Lagos-Ibadan Expressway

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Motorists endured hours of gridlock on the Lagos-Ibadan Expressway on Tuesday after the Federal Government began two-week repairs on damaged expansion joints at the Kara Bridge.

The rehabilitation, which started on September 8 and is scheduled to run until September 22, involves replacing worn-out expansion joints that had exceeded their service life and posed safety risks. Work is being done in phases: one half of the affected section is closed at a time while traffic is controlled on the remaining lanes.

Traffic built up in the afternoon and stretched from the Kara Bridge in Ogun State to the 7Up Junction and beyond into Lagos, including areas around Secretariat, Ojota, Ikeja and the Otedola underpass. Security and traffic officials from the police, military, Lagos State Traffic Management Authority, Federal Road Safety Corps and Ogun State Traffic Compliance and Enforcement Corps were deployed to manage the flow.

The Federal Ministry of Works said the intervention, directed by the Minister of Works, aims to improve road safety and preserve the bridge’s structural integrity. Authorities have advised motorists to plan journeys carefully, consider alternative routes where possible, and cooperate with traffic managers during the repair period.

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Abia ranks top in BudgIT 2026 report

The BudgIT 2026 Report ranked Abia second in aggregate revenue growth, third in Internally Generated Revenue (IGR) growth, first in total expenditure growth, capital expenditure growth, and personnel expenditure growth

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• Governor Otti

Abia state has emerged among the top-performing states in the 2026 BudgIT Report, covering 2017-2025.

The Abia State Commissioner for Information, Okey Kanu, who made the disclosure in Umuahia during a chat with newsmen, noted that the BudgIT 2026 Report ranked Abia second in aggregate revenue growth, third in Internally Generated Revenue (IGR) growth, first in total expenditure growth, capital expenditure growth, and personnel expenditure growth.

The commissioner said the performance reflected the administration’s prudent and strategic management of public resources.

“Abia State’s combination of revenue mobilisation, capital investment expansion, and administrative cost restraint points to a story of adroit and prudent management of resources,” said Kanu .

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FG inaugurates Committee for nationwide activation of Nigeria’s unified 112 emergency number

Vice President Kashim Shettima, urged the committee to ensure its decisions were based on global best practices in order to develop a clear roadmap.

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The Federal Government has set up a committee for the activation of the 112 national emergency number.

The committee comprises the Nigeria Police Force (NPF), Nigerian Communications Commission (NCC), National Emergency Management Agency (NEMA), Federal Road Safety Corps (FRSC) and other relevant agencies.

NEC had recently approved 112 as Nigeria’s single universal toll-free emergency number to replace fragmented and slow response lines, with a view to eliminating bureaucratic red tape and allowing citizens easy access to rapid assistance during fires, accidents, medical crises or security breaches.

Addressing stakeholders during the National Emergency Number 112 Project meeting , yesterday, Vice President Kashim Shettima, urged the committee to ensure its decisions were based on global best practices in order to develop a clear roadmap.

He charged the committee to finalise the roadmap and standard operating procedures for formal NEC endorsement,

Shettima stressed the need to make significant progress, assuring stakeholders that resources would be made available to fund the process once progress became visible.

“Let’s make progress so that whatever time we have spent here is worth spending. And most importantly, the engine is finance. It is resources to drive the process. And I want to assure you that we will get the resources,” the Vice President stated.

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