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Subsidy: Gov Abiodun in closed-door meeting with Obasanjo

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 Governor Dapo Abiodun of Ogun State, on Tuesday, met with former President Olusegun Obasanjo behind closed doors in Abeokuta, after which he disclosed that Nigeria had been losing N4 trillion to fuel subsidy.

The governor arrived at the former president’s private residence located on the premises of the Olusegun Obasanjo Presidential Library at 11.58 am and went straight into a private meeting with him.

Emerging from the meeting which lasted about an hour, Abiodun declined to reveal details of the meeting to journalists.

“It is a private meeting. A son does not have to have any reason to come and see his father, so I have come to see our baba and it is a private meeting,” he said.

Speaking on the recent removal of fuel subsidy, Abiodun lamented that Nigeria was losing N4 trillion annually to the subsidy regime, insisting that there was no better time to end the longstanding policy.

The governor assured Nigerians that the government would put the funds to better use to revamp the country’s economy.

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“We all know that President Bola Ahmed Tinubu’s administration started with a bang. On the 29th of May, he reeled out a few initiatives, one of the most laudable of those initiatives was his decision to remove subsidies on petroleum products.

“As controversial as that initiative has been, no one can deny the fact that it was a very welcome initiative. That was a subsidy that Nigeria could no longer afford, it was a subsidy that was not in the budget beyond June 2023.

“More importantly, it was costing Nigeria about N4 trillion per annum; N4 trillion that Nigeria did not have, that we have had to borrow, that could be better expended to other uses that the common man can feel, so it was a very right decision.

“Of course, it was a decision that also came with a bit of pain, but as they say, there is no gain without some pain,” Abiodun said.

He urged Nigerians to endure the hardship of increasing fuel prices, saying the benefits of the subsidy removal outweighed the pain.

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The governor said his administration had rolled out a series of palliatives for civil servants, pensioners and the people of the state to cushion the effect of subsidy removal.

Part of the palliatives included approval of the payment of N10,000 cash for each public servant and pensioner in the state.

The state government also approved the payment of a hazard allowance for all health and medical personnel in the state, adding that the implementation of the palliative would take effect in July.

Speaking on the palliatives, Abiodun said, “What you saw us announce for implementation in Ogun State yesterday (Monday) is part of the initiatives that the Federal Government has designed for implementation at the various state levels.

“What we have just done is to immediately begin that implementation because as soon as the President announced deregulation, we had sat down with members of our labour unions – TUC, NLC and the JNC — to discuss the different options that would be acceptable to all of us. So, that allowed us to be able to fast-track our own policies.

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“We believe that these initiatives should immediately ameliorate the pain our people are feeling and I’m sure that you will see that other state governments are doing the same.”

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Good morning! Here Are Some Major News Headlines In The Newspapers Today: VGC chairman found dead inside his car in Lagos

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1. A Lagos-based man, Gihan Mbelu, has reportedly died in his vehicle in the Victoria Garden City area of Lagos State on Friday. It was gathered on Sunday that 42-year-old Mbelu had reportedly parked his car, a Mercedes C300 4Matic, running for several hours while he sat motionless in the car.

 

2. In response to the devastating tanker fire incident in Rivers State, President Bola Tinubu has directed federal agencies to continue providing support to the state government in addressing the aftermath of the tragedy. President Tinubu’s message, contained in a statement issued on Sunday by his Special Adviser on Media and Publicity, Ajuri Ngelale, also extended his heartfelt condolences to the families of the victims of the fire incident.

 

3. As the demolition of properties along the right of way for the construction of the Lagos-Calabar coastal highway begins, the federal government has promised to conduct the process with sensitivity, aiming to minimize disruptions to the lives of those affected.

READ  Troops raid Sambisa forest, kill three terrorists, recover weapons

 

4. The National Drug Law Enforcement Agency, NDLEA, says two notorious drug kingpins: Uwaezuoke Ikenna Christian and Agbo Chidike Prince have been sentenced to life imprisonment for dealing in cocaine. Director, Media and Advocacy NDLEA, Femi Babafemi, who disclosed this in a statement on Sunday, said this brings to an end to their years of criminal enterprise of exporting cocaine across continents.

 

5. No fewer than 40 observers have been deployed by the Economic Community of West African States, ECOWAS, to Togo, ahead of the parliamentary and regional election. The elections have been scheduled for April 29, 2024. This was revealed in a statement by the regional body.

 

6. Osun State governor, Ademola Adeleke, on Sunday, April 28, warned petrol stations against hoarding of fuel as scarcity hit the state. Adeleke through his chief of staff, Kazeem Akinleye, who is also the chairman, Petroleum Monitoring Taskforce, warned against creating artificial scarcity.

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7. Former Governor of Jigawa State, Sule Lamido, has tackled Northern governors over their recent trip to the United States. In a Facebook post, he said the trip exposed the governors’ ignorance of the country’s constitution. According to him, security is solely the responsibility of the federal government because it is on the exclusive list.

 

8. The naira has demonstrated signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. The new rate represents a 9.8 per cent increase when compared to N1,400 to a dollar it traded at the close of trading activity on Friday.

 

9. The immediate-past governor of Benue State, Samuel Ortom, on Sunday, asked his counterpart in Kogi State, Yahaya Bello, to come out of his hiding and answer his case with the Economic and Financial Crimes Commission. Speaking at a Redeemed Christian Church of God in Makurdi, Benue State during the thanksgiving service organised by his aides for his 63rd birthday celebration, Ortom advised Bello to come out of hiding.

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10.
The campaign coordinator of Governor Lucky Aiyedatiwa in Supare, Akoko South West Local Government Area of Ondo State, Alaba Abbey, has been shot dead. Late Abbey was shot dead on Saturday evening at his residence in Supare.

 

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I’ll not govern Rivers on my knees, says Fubara

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Siminalayi Fubara, governor of Rivers, says he will not govern the state from a position of subservience or weakness.

Fubara made the remarks on Saturday, during a condolence visit to the Ubima, Ikwerre LGA country home of Celestine Omehia, a former governor of the state.

 

Omehia was laying Cecilia Omehia, his mother, to rest.

 

“I have come here with very few respected elders of the state, to come and support you and say to you that we sorrow with you,” Fubara said.

 

“The most important thing is to show our concern and love. Any human being who shows enmity to death, that person is not even normal.

“We also rejoice with you for a life lived well to fulfilment by Mama. We wish Mama a safe journey. Let her stay well where she has gone.”

 

He said politics of bitterness will impede the development of the state and that “it is only in unity that we can move our state forward”.

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“Anybody who claims to love this state should not be party to anything, directly or indirectly that will bring us backwards. We will continue to support every course that will advance the interests of our dear Rivers state,” he added.

“And I am happy to say, and I’ve said it over and again, it doesn’t matter the number of people that are standing with me, I will stand on that side of truth.

“I will not, I repeat, I will not govern our dear state on my knees. If that was the purpose, I will not do that.”

 

Fubara has been locked in a battle for the control of the political structure of Rivers with Nyesom Wike, his predecessor and minister of the federal capital territory (FCT).

 

The governor recently redeployed some members of his cabinet who are loyal to Wike.

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Good Morning! Here Are Some Major News Headlines In The Newspapers This Beautiful Sunday: Benin Traditional Council suspends five chiefs for visiting Ooni

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1. Five officials in the Benin Kingdom have been suspended for allegedly engaging in sacrilegious conduct against Benin custom. The Benin Traditional Council, BTC, said their suspension was because they visited the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, where they “falsely” claimed to be emissaries of the Oba of Benin and rendered inaccurate account of the connection between the Benin Royal Dynasty and the Ooni-ship of Ife.

 

2. The executive chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has appointed Michael Nzekwe as his chief of staff. He also appointed zonal directors for each of the 14 zonal commands of the commission.

 

3. One person died on Saturday when a gas tanker explosion occurred after an accident at Ita Oshin area of Abeokuta North Local Government Area of Ogun State. Chief Route Commander and Education Officer for Federal Road Safety Corps, FRSC, Florence Okpe, who confirmed the incident, on behalf of the sector commander, Anthony Uga, said the accident occurred at about 4:16 pm.

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4. The Naira yesterday recovered against the US dollar at the parallel market as it appreciated to N1280/$, according to market information obtained by Nairametrics from currency traders. This implied that the Naira appreciated by N120, representing a gain of 8.57 per cent when compared to the N1,400 to a dollar at which it traded on Friday.

 

5. Governor Siminalayi Fubara of Rivers State has said there is a fierce fight to destroy the state. He said this at the country home of Sir Celestine Omehia in Ubima community, Ikwerre Local Government Area of Rivers, on Saturday.

 

6. A resident of Osogbo, simply identified as Seun and the motorcyclist conveying her have been crushed to death in a road accident that occurred in Osogbo, Osun State. Seun was said to be a fashion designer and was also working with a real estate firm. It was gathered that the accident occurred Friday evening around OgoOluwa Area of Osogbo.

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7. The All Progressives Congress has demanded the cancellation of the just conducted local government election in Oyo State. The party claimed that the election was a “sham”, warning that if allowed to proceed, it may damage the state’s reputation.

8. The retired Commissioner of Police in Anambra State, Aderemi Adeoye has recounted how he fought the dreaded Niger Delta militants, the Book Haram terrorists in the North East and the Indigenous People of Biafra, IPOB, insurgents in the South East and survived all of them without a scar. Speaking during his pullout ceremony at the Alex Ekwueme Square in Awka, Adeoye said it was the grace of God that saved him during the dangerous moments.

 

9. Tragedy struck in Rivers State on Friday night when fire from a fuel-laden tanker consumed four persons and about 100 vehicles at the Eleme section of the East-West Road in Rivers State. It was learnt that the tanker collided with another vehicle, exploded and burst into flames that spread to other tankers and many other vehicles trapped in the gridlock.

READ  Tinubu wins Obasanjo’s polling unit

 

10. The Anambra State Police Command has arrested 16 notorious cultists and declared 21 others wanted. In a statement by the command’s spokesman, SP Tochukwu Ikenga, in Awka on Saturday, the feat was achieved following intensified efforts to end the resurgence of cult-related killings in Awka, the state capital.

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