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Oando boss Wale Tinubu congratulates President-Elect, Bola Ahmed Tinubu




Group Chief Executive, Oando PLC, Wale Tinubu, has joined other notable Nigerians to congratulate Asiwaju Bola Ahmed Tinubu over his election as the 16th President of the Federal Republic of Nigeria.

In a statement issued, the Oando boss wrote ‘’ I congratulate Asiwaju Bola Ahmed Tinubu on his victory in the 2023 Presidential elections; this is a testament to his stature as a visionary, iconic and resilient leader. Under his leadership of the Federal Republic of Nigeria the President-elect will deliver on his promise of “Renewed hope”, …poverty alleviation, economic prosperity all underpinned by justice, peace and national unity’’

Stating further, Mr. Tinubu said, ‘’I wish him all the best and I look forward in particular to the youth and the private sector playing a central role in supporting his efforts to build a progressive, safe and secure future for our great nation.

“I pray that Allah Subhanahu wa ta’ala grants him the wisdom, courage, strength, and decisiveness to deliver the Nigeria we all desire’’ He added.

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Good morning and Happy New Month! Here Are Some Major News Headlines In The Newspapers Today: FG, NLC meeting over fuel subsidy removal ends in deadlock





1. Talks between the Federal Government and organised labour over the removal of fuel subsidy ended in a deadlock on Wednesday as they failed to reach a consensus following the hike in petrol pump prices to over N700 from N195 per litre by oil marketers.

2. The Nigerian National Petroleum Company Limited has confirmed it adjusted pump prices of Premium Motor Spirit, known better as petrol across the country. In a statement issued on Wednesday and signed by its Chief Corporate Communications Officer, Garba Deen Muhammad, the national oil company explained that the adjusted pump price was in line with “current market realities”.

3. Governor Hope Uzodinma of Imo State has taken over the baton of leadership from Kebbi Governor, Senator Atiku Bagudu as the new Chairman of the Progressive Governors’ Forum. It was gathered that Uzodinma was elected via consensus during a strategic meeting of the PGF on Wednesday.

4. Governor Oluwarotimi Akeredolu of Ondo State on Wednesday warned petroleum marketers, as well as owners of fuel stations in the state against hoarding Premium Motor Spirit, PMS, popularly known as petrol. According to Akeredolu, the warning became imperative after long queues surfaced at filling stations across the state, particularly in Akure, the state capital.

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5. President Bola Tinubu, Wednesday said Nigeria is open for business and constructive partnerships. The President spoke while hosting President XI Jinping of China’s Special Envoy, Peng Qinghua, at the Presidential Villa, Abuja.

6. Senators Matthew Urhoghide (Edo South) and Ayo Akinyelure (Ondo Central) Wednesday resigned their membership of the Peoples Democratic Party (PDP). Both senators, who announced their resignation during plenary, did not announce the party they will defect to.

7. Imo State Governor, Hope Uzodinma on Wednesday defended subsidy removal, saying all presidential candidates promised to end the policy during their campaigns. Uzodinma, also said that governors elected on the All Progressives Congress (APC) platform endorsed the decision to remove the subsidy.


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BREAKING: Military, civil servants to experience delay in May salaries





Nigerian civil servants under the employment of the Federal Government will experience a delay in the payment of May 2023 salaries, according to a report by The PUNCH.

It was gathered that this was because Ministries, Departments and Agencies were yet to get debit approval from the Central Bank of Nigeria.

Earlier, some civil servants in separate interviews with our correspondent noted that their salaries for May 2023 have not been paid.

In a memo addressed to workers of the Federal Airports Authority of Nigeria, the authority noted that the delay in the payment of workers was peculiar to all workers including the military and para-military.

The memo, signed by its acting General Manager, Administration, Oluwasola Awe partly reads, “This is to inform all staff that Management has uploaded salaries and is awaiting debit at the Central Bank of Nigeria. However, FAAN have been advised that the payment of May 2023 salary would be delayed beyond the normal cycle due to glitches from the CBN’s portal.

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“Please note that this situation is not peculiar to FAN alone as other MD’s including the Military and Paramilitary agencies are experiencing the same delay. Management appreciates your co-cooperation and understanding in this regard.”

Confirming the development, a source in the Office of the Head of Civil Service of the Federation said, “Yes, it is true. There is an order freezing accounts of MDAs from above. That’s why the CBN could not debit accounts and this delayed the payment of salaries.”

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Subsidy: FG, NLC meeting ends in deadlock





The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus.

The meeting began around 4pm on Wednesday at the Presidential Villa.

Representatives of the Federal Government, including Dele Alake, the spokesperson for President Bola Tinubu; and the Group CEO of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari.

Others government officials present were the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; former Edo State Governor Adams Oshiomhole.

The Organised Labour was represented by the NLC National President, Joe Ajaero; and the President of the Trade Union Congress of Nigeria (TUC), Festus Osifo.

After several hours of meeting with the Federal Government, the NLC demanded that the Federal Government return to status quo by reversing the price of fuel before resuming negotiations with the NLC.

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The National President of the Nigeria Labour Congress, Joe Ajaero, who criticised the removal of subsidy stated that statusquo returns before any formal engagement with the NLC to protect the Nigerian workforce and proffer additional solutions.

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The NLC insisted that the Federal Government did not enter into any conversation even on palliative measures for Nigerians, hence the rejection of the latest announcement.

The union said it had decided to reconvene with its members to determine the next line of action.

Conversely, Alake described the meeting as robust, adding that talks would continue. He expressed hope that the parties would reach a reasonable conclusion at its next adjourned meeting.

‘Fuel Subsidy Is Gone’
On Monday during his inaugural speech at the Eagle Square in Abuja, President Bola Tinubu said the era of subsidy payment on fuel has ended, adding that with the 2023 budget making no provision for fuel subsidy, further payment was no longer justifiable.

“The fuel subsidy is gone,” Tinubu said. His government would instead channel funds into infrastructure and other areas to strengthen the economy, he added.

The Nigerian National Petroleum Company Limited (NNPCL) and House Of Representatives have since backed Tinubu’s decision.

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However, the Trade Union Congress of Nigeria (TUC) argued the President could not unilaterally take a decision on subsidy removal, saying there was a reason the immediate past administration of Muhammadu Buhari pushed the “sensitive issue” to the new government.

Fuel queues have since resurfaced across the country since the presidential pronouncement as Nigerians forage for the premium product.

‘Tears And Sorrow’
Ajaero, on Tuesday, kicked against Tinubu’s announcement confirming the removal of fuel subsidy.

The NLC president described the development as not well planned, saying Nigerians feel betrayed by the move.

“By his insensitive decision, President Tinubu on his inauguration day brought tears and sorrow to millions of Nigerians instead of hope. He equally devalued the quality of their lives by over 300 per cent and counting,” he said in a statement.

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