Connect with us

News

BREAKING: Oodua groups back Tinubu on fuel subsidy removal

Published

on

790 Views

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…

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

VON now broadcast in nine languages — DG

The languages are English, Hausa, Igbo, Yoruba, Fulfulde, Kiswahili, French, Arabic and Mandarin, with Mandarin added in 2026.

Published

on

By

1 Views

• VON DG,Mallam Jibrin Baba Ndance

Voice of Nigeria (VON) is broadcasting news in nine local and international languages.

The languages are English, Hausa, Igbo, Yoruba, Fulfulde, Kiswahili, French, Arabic and Mandarin, with Mandarin added in 2026.

The Director-General of VON, Mallam Jibrin Baba Ndance , disclosed this in Calabar during the 82nd General Assembly of the Broadcasting Organisations of Nigeria (BON), themed: “Broadcast Media – Bedrock of Democratic and Economic Advancement in Nigeria.”

Ndace said VON, which started as the External Service of the Nigerian Broadcasting Corporation before becoming autonomous in the early 1990s, now broadcasts in nine languages.

He explained that the multilingual approach reflects Nigeria’s diversity and reinforces the principle that stories are most powerful when told in languages audiences understand and identify with.

Ndace said while VON tells Nigeria’s story to the world, it is committed to promoting national unity, development, peace and the country’s positive image.

He called for stronger collaboration among public, private and international broadcasters, urging them to embrace innovation, uphold professional standards and use their platforms responsibly.

Continue Reading

News

NAF Helicopter Makes Precautionary Landing In Makurdi

The Air Force says the operation disrupted the activities of suspected kidnappers and supported the advance of surface forces. The helicopter has since returned to base.

Published

on

By

31 Views

A Nigerian Air Force helicopter has made a precautionary landing in Makurdi, the Benue State capital, after completing a close air support operation targeting suspected kidnappers in Ogbadigbo Local Government Area of the state.

The incident occurred on Wednesday, October 7, 2026, with the helicopter landing on farmland in the Utur, Tse-Igboji area of Makurdi.

According to the Nigerian Air Force, the pilot, while returning to base after the operation, exercised professional discretion to make a precautionary landing approximately ten nautical miles from the airfield, in line with established operational and safety procedures following combat missions.

The Air Force says the operation disrupted the activities of suspected kidnappers and supported the advance of surface forces. The helicopter has since returned to base.

The NAF says it remains committed to sustaining pressure on criminal elements and supporting surface forces through coordinated air and ground operations.

END.

Continue Reading

News

Breaking: Military rescue 20 corps members, civilian in Imo

The victims were reportedly abducted while travelling through the state, prompting security agencies to launch an operation to locate and rescue them.

Published

on

By

24 Views

The military, Department of State Services, DSS, police and other security agencies have rescued twenty prospective National Youth Service Corps, NYSC, members and one civilian abducted in Imo State.

The victims were reportedly abducted while travelling through the state, prompting security agencies to launch an operation to locate and rescue them.

The rescued victims are currently receiving medical attention at a DSS facility, according to security sources, while efforts are ongoing to establish the circumstances surrounding the abduction and apprehend any remaining suspects.

Continue Reading

Trending