Headline

FG Suspends Fuel Subsidy Removal

Published

5 months ago

April 27, 2023

Eric

The National Economic Council, on Thursday, in Abuja, said it has agreed that petrol subsidy should “not be removed” as earlier planned for June 2023.

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this to State House correspondents shortly after the valedictory Council meeting presided over by Vice President Yemi Osinbajo at the Council Chambers of the Presidential Villa, Abuja.

Ahmed said the Council agreed on the need for continued discussions on the issue adding that the FG, together with states and representatives of the incoming administration, require more preparatory work.

She said, “Council agreed that the timing of the removal of fuel subsidy should not be now. But that we should continue with all of the preparatory works that need to be done and that this preparatory has to be done in consultation with the states and other key stakeholders including representatives of the incoming administration.

“Council agreed that the fuel subsidy must be removed earlier rather than later because it is not sustainable. We cannot afford it anymore. But we have to do it in such a way that the impact of the subsidy is as much as possible, mitigated on the lives of ordinary Nigerians.

“So, this will require looking at alternatives to the fuel subsidy that needs to be planned for and subsequently put in place. But also what needs to be done to support the people that will be most affected as a result of the removal.”

Ahmed added that the FG will be working together with representatives of the states between now and June 2023.

“We have a plan that we will start working on, putting the building blocks towards the eventual removal of the first subsidy.

“And if I may remind this forum that the budget for 2023 has a provision for fuel subsidy only up to June 2023 and also the Petroleum Industry Act has a provision that requires that all petroleum products must be deregulated 18 months after the effective date of the PMS removal and that that period is also up to June 2020,” the minister explained.

The Punch

Headline

Identity Saga: Tinubu Pleads with Court to Release Only His Certificate, Not Academic Details

Published

5 days ago

September 25, 2023

Eric

President Bola Tinubu has reluctantly allowed a federal judge in the United States to give his university certificate to his political opponent Atiku Abubakar.

But the Nigerian leader pleaded with Judge Nancy Maldonado to block all other details, especially the gender, and admission records, among others, of the person who owns the certificate from being disclosed.

Mr Tinubu’s prayers on Monday morning came as part of the ongoing legal battle unfolding at the United States District Court for the Northern District of Illinois in Chicago.

The case was brought by Mr Abubakar, who has been on a judicial quest to establish that Mr Tinubu was not eligible to be Nigerian president despite his election in February 2023.

He won the election by 36 per cent of the vote after Mr Abubakar and Peter Obi, who was his running mate in the 2019 election, fell out, subsequently dividing their potential votes into at least two parts, paving the way for Mr Tinubu’s victory with the slimmest margin in Nigerian presidential election history.

Mr Tinubu’s acceptance that his certificate could be released came after he narrowly escaped full disclosure on September 21 by pleading severe harm to his life in order to obtain a stay of a magistrate judge’s order on September 19.

“There is harm in allowing discovery on issues and documents outside the diploma,” Mr Tinubu’s lawyers said in their full briefing to the court seeking a review of Judge Jeffrey Gilbert’s order by Ms Maldonado, a district judge.

The identity of who was admitted into Chicago State University in the 1970s has been a hot issue after college transcripts emerged that indicated the school admitted a female Bola Tinubu from Southwest College Chicago in 1977.

Source: People’s Gazette

Headline

Sanwo-Olu Floors Jandor, Rhodes-Vivour As Court Dismisses Petitioners’ Application

Published

5 days ago

September 25, 2023

Eric

The Lagos Governorship Election Petitions Tribunal, on Monday, dismissed the petitions brought by Gbadebo Rhodes-Vivour and the Labour Party, and Olajide Adediran, also known as Jandor of the Peoples Democratic Party, challenging the victory of Babajide Sanwo-Olu in the March 18 governorship election.

The tribunal therefore, affirms the election of Sanwo-Olu as the winner of the March 18 Lagos State governorship poll.

Jandor and Rhodes-Vivour had contested the results, challenging the victory of Gov. Babajide Sanwo-Olu and Dr. Obafemi Hamzat.