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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.

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El-Rufai Appear in State High Court, after Mother’s death, as Trial Continues

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The former Kaduna State Governor, Nasiru El-Rufai, on Tuesday morning arrived at the Kaduna State High Court for the trial, and there after he is expected to proceed to the Federal High Courtfor continuation of his proceedings.

The former governor arrived at the Kaduna State High Court amid tight security presence, as legal teams from both sides prepare to continue hearing in the matter. El-Rufai is also scheduled to appear before the Federal High Court for continuation of related legal processes.

The case continues to attract significant public attention, with observers closely monitoring developments across both courts.

Details of the matters to be addressed in both courts have not been fully disclosed, but outcomes from the hearings are expected to influence the direction of the trial.

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Nigeria Welcomes African Games Bid Evaluation Committee

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Nigeria officially welcomed the African Games Bid Evaluation Committee on Monday, marking a significant step in the nation’s quest to host the 2031 African Games.

The delegation, led by Dr. Decius Chipande, was received by top officials of the National Sports Commission (NSC) and treated to a comprehensive and compelling presentation showcasing Nigeria’s readiness, capacity, and vision to host a memorable Games.

Chairman of the NSC, Mallam Shehu Dikko, in his remarks, reaffirmed the solid support of the Federal Government for the bid.

He emphasized that hosting the African Games remains a national priority, backed by strong political will and a commitment to deliver world-class infrastructure, seamless organization, and a lasting legacy for African sports.

Director General of the Commission, Hon. Bukola Olopade, presented Nigeria’s strategic sponsorship and marketing framework, outlining innovative approaches to funding and commercial partnerships.

He noted that Nigeria’s large market, vibrant sports culture, and growing private sector interest provide a solid foundation for a financially successful Games.

Providing further depth to the bid, ace broadcaster and Bid Coordinator, Mainasara Ilo, delivered an engaging presentation on legacy, highlighting how the Games would catalyze youth development, infrastructure expansion, and community impact across the country.

On the technical front, former Director of Medicine at the Commission, Dr. Paul Onyedo, detailed Nigeria’s preparedness in sports medicine and its scientific approach to anti-doping, testing, and athlete health management, aligning with international best practices.

In addition, Dr. Emmanuel Igbinosa presented the country’s comprehensive welfare framework, assuring the Committee of Nigeria’s readiness to provide a safe, secure, and athlete-centered environment throughout the Games.

The Evaluation Committee commended Nigeria’s presentation, noting the clarity of vision, depth of planning, and strong alignment between government and private sector stakeholders.

The Committee commenced inspection of key facilities on Monday, with further assessments on Tuesday.

Nigeria remains confident that its compelling bid, backed by experience, infrastructure, and national commitment, positions the country strongly to host a historic and impactful African Games.

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NELFUND Debunks Claims of ₦25,000 Student Upkeep Allowance

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The Nigerian Education Loan Fund (NELFUND) has clarified reports circulating about an increase in the monthly upkeep allowance for student beneficiaries, describing such claims as inaccurate.

According to the Fund, the officially approved monthly upkeep allowance remains ₦20,000, not ₦25,000 as widely reported in some quarters.

NELFUND urged students and the general public to disregard any misleading information and rely solely on its verified communication channels for updates and announcements.

The Fund reaffirmed its commitment to transparency, efficiency, and delivering student-centered financial support across the country, urging students seeking further clarification or assistance to contact NELFUND via its official email and social media platforms for prompt and accurate responses.

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