Connect with us

News

Subsidy Removal: ‘I Feel Your Pain, Your Sacrifice Won’t Be In Vain’, Tinubu Tells Nigerians

Published

on

179 Views

President Bola Tinubu on Monday sympathised with Nigerians over the pains of the recent subsidy removal on Premium Motor Spirit known as petrol. 

In his 2023 Democracy Day speech on June 12, the President said his decision to remove fuel subsidy during his inauguration on May 29, 2023 is to save Nigeria country from going under and take the country’s resources away from the stranglehold of a few unpatriotic elements.

He asked Nigerians to sacrifice a little more for the survival of the country.

Democracy Day is celebrated yearly on June 12 in honour of the winner of the June 12, 1993, presidential election, the late Chief Moshood Kashimawo Olawale (MKO) Abiola and other heroes of democracy.

Addressing Nigerians on Monday, Tinubu said, “The democracy that will yield right dividends to the people who are the shareholders means more than just freedom of choice and right to get people into elective offices. It means social and economic justice for our people.

“To the winner of June 12, democracy offers the best chance to fight and eliminate poverty. Thirty years ago, he (MKO Abiola) christened his campaign manifesto, ‘Farewell to Poverty’ because he was convinced that there is nothing divine about poverty. It is a man-made problem that can be eliminated with clearly thought-out social and economic policies.

“It is for this reason that, in my inauguration address on May 29, I gave effect to the decision taken by my predecessor-in-office to remove the fuel subsidy albatross and free up for collective use the much-needed resources, which had hitherto been pocketed by a few rich.

“I admit that the decision will impose extra burden on the masses of our people. I feel your pain. This is one decision we must bear to save our country from going under and take our resources away from the stranglehold of a few unpatriotic elements.

“Painfully, I have asked you, my compatriots, to sacrifice a little more for the survival of our country. For your trust and belief in us, I assure you that your sacrifice shall not be in vain. The government I lead will repay you through massive investment in transportation infrastructure, education, regular power supply, healthcare and other public utilities that will improve the quality of lives.”

From N184/Litre To Over N500

The President during his inaugural speech on May 29 at the Eagle Square in Abuja had announced the removal of subsidy payment on petrol. The President said that the immediate past administration of Muhammadu Buhari did not make provisions for subsidy in the 2023 budget beyond June.

Many Nigerians had expected that the new price regime would come into effect by July 1 but almost immediately after the presidential pronouncement, queues resurfaced at filling stations across the country even as retail outlets hoard the product and increase prices.

Already, a litre of petrol is being sold at over N500 across the country following the price adjustment by the Nigerian National Petrol Company (NNPC) Limited and the presidential pronouncement on subsidy removal.

Fuel queues have since surged for the vital commodity, compounding the traffic situation in parts of the country, even as transportation costs skyrocket to more than 100% increment.

The Organised Labour had resolved to embark on a nationwide strike beginning Wednesday but was restrained by a court order of Monday, June 5, 2023. The Organised Labour subsequently shelved its planned strike after a meeting with the Federal Government last week.

News

Okonjo-Iweala Decries Kidnappings of school children, teachers

As a mother I am greatly saddened by the kidnappings in our country, particularly of our children and teachers from places of learning.

Published

on

By

40 Views

The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has expressed worries over the escalating wave of kidnappings across Nigeria, particularly the abduction of schools children and teachers.

Okonjo-Iweala in a post on X said she was “greatly saddened” by the disturbing trend, stressing that the attacks on learning institutions have inflicted fear, trauma, and uncertainty on families nationwide.

“As a mother I am greatly saddened by the kidnappings in our country, particularly of our children and teachers from places of learning.

” My heart goes out to the children and all those kidnapped and to their families living in fear and uncertainty,” she said.

She prays for the safe return of all abductees and strength for parents and relatives enduring the ordeal.

“May those taken be found, rescued, and returned safely into the arms of those who love them.

We pray God for their protection and strength for every parent and relative waiting,” she added.

Her comments come amid a series of mass abductions targeting schools and farming communities in several states in Nigeria, which has led to renewed calls for urgent action to protect citizens and restore security nationwide.

Continue Reading

News

Umahi Donates a speedboat for protecting federal Bridges in Lagos

Umahi emphasised that the donation of the speedboat would aid in monitoring activities along the marine corridor in Lagos, as well as serving as a morale booster for the gallant men who have been combating the activities of unscrupulous elements under the bridges.

Published

on

By

22 Views

The Minister of Works, David Umahi, weekend, donated a speedboat to the Marine and Infrastructure Protection Unit of the Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC) to protect the Third Mainland Bridge and other federal bridges in the state.

Umahi, while presenting the speedboat, said that the donation aligned with his magnanimity and unwavering commitment to supporting the Corps in its duty of safeguarding vital public infrastructure.

Umahi emphasised that the donation of the speedboat would aid in monitoring activities along the marine corridor in Lagos, as well as serving as a morale booster for the gallant men who have been combating the activities of unscrupulous elements under the bridges.

The Commandant also extended thanks to the former Federal Controller of Works, Lagos, O.I. Kesha, for her diligent efforts in ensuring that the Corps receives all necessary logistical support to guarantee the protection of the integrity of the Third Mainland Bridge, other federal bridges, and critical national infrastructure in Lagos State.

Continue Reading

News

Bauchi Students, Pupils Won’t Write First Term 2025 Exam Over Insecurity

The government is working closely with security agencies to address the concerns swiftly and comprehensively, ensuring that normal academic activities resume as soon as it is safe to do so.

Published

on

By

37 Views

The Bauchi State Government has announced the closure of all the public and privately owned primary, secondary, and tertiary institutions in the state with immediate effect.

In a statement on Monday, Jalaludeen Usman, Information and Public Relations Officer Bauchi State Ministry of Education, said that the decision, although difficult, was taken by the government in response to overwhelming security concerns affecting the safety of students, teachers, and school communities across the state.

“The government is fully aware of the inconvenience this may cause.

However, the protection of our children remains our highest moral responsibility. Every student in Bauchi State deserves to learn in an environment that is safe, stable, and free of fear.

We therefore call on parents, guardians, school proprietors, and all concerned stakeholders not to panic, but to remain calm and cooperative.

The government is working closely with security agencies to address the concerns swiftly and comprehensively, ensuring that normal academic activities resume as soon as it is safe to do so. We also urge citizens to remain vigilant.

If you see something, say something. Timely information from the public is crucial in safeguarding our communities.

The Bauchi State Government will continue to provide updates as the situation evolves.”

Continue Reading

Trending