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…
The Kaduna State Police Command has revealed the identity of the man who caused panic after charging towards President Bola Tinubu during his visit to the state.
According to the police, the suspect has been identified as Umar Mohammed, a resident of Anguwan Muazu in Kaduna.
The incident happened during the commissioning of a 300-bed specialist hospital in Millennium City.
As President Tinubu was addressing the audience, Mohammed suddenly broke through the crowd and rushed toward him, triggering a swift response from security operatives.
The moment left Tinubu visibly shocked, as seen in a widely shared video showing his startled reaction and the confusion among his security team.
Police later disclosed that the man has a mental health condition he has lived with since birth.
They described his actions as unplanned and driven by excitement, adding that he was unarmed and posed no real threat after being restrained.
Despite the scare, the event continued as planned.
Governor Uba Sani led the inauguration of the hospital, which is expected to boost healthcare access in Kaduna.
Video credit: TVC (Twitter)
News
Hardship: Govs Agree to Dismantle Illegal Road Blocks, Multiple Taxes
The communique was signed by NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.
Governors of the 36 states of the federation have agreed to dismantle illegal road blocks and multiple taxes across the country.
They made the resolution after a meeting of the Nigeria Governors’ Forum (NGF) in Abuja, which ended early Thursday.
The governor of Lagos State, Babajide Sanwo-Olu, who read the communique at the end of the meeting, said that the governors resolved to dismantle illegal road blocks and multiple taxes, which they said contributed to food inflation in the country.
The communique was signed by NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.
(ThisDay)
News
TCN Records 42 Incidents of Transmission Lines Vandalisms Within Seven Months
The major effect of the vandalism is the disruption of power supply across the Nigeria Electricity Supply Industry, as the generated power from the generation station could not be wheeled to the distribution ends.
The Transmission Company of Nigeria (TCN) recorded 42 vandalism incidents on its infrastructures between January to June 2025 and which affected a total of 178 transmission towers nationwide.
The General Manager of Transmission Service at TCN, Mr Ali Sharifa, who made this known yesterday in Keffi, Nasarawa State, lamented that 2024 and 2025 have been the most trying times for TCN concerning vandalism of its transmission line infrastructure by non-state actors.
“A total of 86 towers were vandalized in 2024, with 26 towers completely down, which left affected states in total darkness. While in the first and second quarters of 2025, a total of 42 acts of vandalism were recorded affecting a total of 178 towers,” he said.
He emphasized that the major effect of the vandalism is the disruption of power supply across the Nigeria Electricity Supply Industry, as the generated power from the generation station could not be wheeled to the distribution ends.
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