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

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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.

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JUST IN: El-Rufai Leaves State High Court for Federal High Court in Kaduna

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Former Kaduna State Governor, Nasir El-Rufai, has concluded proceedings at the State High Court in Kaduna and is now proceeding to the Federal High Court for the continuation of another suit.

El-Rufai, who was earlier present at the State High Court for the continuation of his trial, left the premises after the sitting ended.

He is expected to appear before the Federal High Court in Kaduna for further proceedings related to another case.

Security presence remained visible around both court premises as proceedings attracted attention from observers and supporters.

Details of the proceedings at the Federal High Court are expected to emerge as the matter continues.

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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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