NewStats: 3,265,456 , 8,186,783 topics. Date: Sunday, 15 June 2025 at 03:50 AM 2p5r1z1h5i |
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Nlfpmod, where are we going in Nigeria, people are just been slaughtered like goats!
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IDPs, soldiers, women, children among 200 killed in fresh herders’ attacks on Benue communities https://www.vanguardngr.com/2025/06/breaking-about-200-feared-dead-in-bloody-herders-attacks-in-benue/ 2 Likes |
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The Senate’s spokesman, Yemi Adaramodu, has faulted advocates of part-time legislature, noting that it will endanger democracy and stop the lawmakers from the things they do for constituents, such as funding naming ceremonies. He said this on Friday on Channels TV’s Politics Today programme. According to Senator Adaramodu (APC Ekiti South), “If the parliament is on part-time, then it means democracy is on part-time. There is no democracy that derides its parliament and thrives. Content creation can help tell Africa's story our own way, you don't need expensive gadgets...0:03 / 1:00 “The Nigerian parliament is not only for lawmaking; we do oversight function. We advocate for our constituents. “It will just be bewildering that even out of the three arms of government that we have in Nigeria, it is only the parliament and parliamentarians that our people have access to. Like me and others. “We go home almost every time and we are the ones when they give birth to a new baby, they ask for naming ceremony funds. When they are building a new house, it is from us they ask for assistance. “So, if the parliament was not there, who do you expect that our constituents would run to? “The parliament is not just to sit down at the plenary and make laws alone. And when we make laws, we follow it up.” https://www.vanguardngr.com/2025/06/we-fund-naming-ceremonies-building-projects-for-constituents-senate-spokesman-faults-part-time-legislature/ |
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Fourteen months after the International Conference Centre (ICC) in Abuja was shut down for renovation, President Bola Ahmed Tinubu, alongside the FCT Minister, Nyesom Wike, inaugurated the rehabilitated facility on Tuesday, with pomp and circumstance as the minister renamed the national asset after the president. Tinubu hailed the rehabilitation of the “very dirty, disorganised and uninhabitable” centre as a part of Nigeria’s larger vision to become “a hub for regional diplomacy, continental trade discussions, global partnerships, and many more thoughtful, well-outlined goals that reflect our Nigerian First philosophy.” Ad 1/1 00:09 However, there are concerns over the cost of renovating the edifice, which gulped the sum of N39 billion. Bar inflationary effects over time, the sum is 162 times more than N240 million used to build the centre in 1991 by the General Ibrahim Badamasi Babangida (rtd) regime. What N39 billion can do Amidst disturbing decay in health and education infrastructure across the country, Weekend Trust breaks down the renovation cost, estimating the number of classrooms and primary healthcare centres the money – totalling capital expenditures of 12 federal universities or nine federal medical centres in the approved 2025 budget – could have been used to construct or renovate. Benue killings: Communities, leaders speak out Tonnie Iredia: Talking to ‘Mr point-blank’ Many communities in Nigeria, especially in underserved rural areas, parade dilapidated schools with blown roofs and cracked walls. Classrooms are without furniture, as pupils learn in crudely non-conducive environments, sitting under the trees or on bare floor. In communities where there are no nearby schools, children trek long distances to receive formal education in neighbouring villages where schools are located or shun learning outrightly. Every fiscal year, the government attempts to respond to these precarious situations by committing certain amounts to renovating decrepit classrooms or building new ones. In the approved 2025 budget of the Federal Ministry of Education, rehabilitation of public schools was estimated at N40.5 billion; N5.063 billion was set aside for the purchase of teaching/learning aid equipment, and N100 million was budgeted for the construction/provision of libraries. Weekend Trust reports that only N1,972,700,201, representing 5 per cent of the N39 billionn, was earmarked for the capital spending of the National Library of Nigeria in the current budget. Also, the sum is a little higher than the capital expenditures of 12 federal universities. The institutions include the University of Benin, N3,608,643,195; University of Jos, N4,156,046,096; University of Calabar, N4,598,894,949; University of Ilorin, N2,092,215,470; University of Ibadan, N2,172,673,766; Federal University of Technology, Akure, N1,039,371,080; and Federal University of Technology, Minna, N2,605,817,308. Others are the University of Lagos, N2,169,395,270; the University of Nigeria, Nsukka, N2,202,871,372; the University of Port Harcourt, N1,763,861,874; Ahmadu Bello University, Zaria, N5,270,991,010; and Bayero University, Kano, N7,117,712,322. ad Statistics from local and global health bodies have linked thousands of deaths, including child and maternal mortalities, in Nigeria to poorly equipped hospitals, particularly primary healthcare centres (PHCs) which are meant to provide essential healthcare services to the people at the grassroots. A 2022 report on the state of primary healthcare in Nigeria, revealed that 80 per cent of the 30,000 PHC facilities across the country fell below the standard. In 2016 alone, Nigeria recorded 376,039 deaths as a result of inadequate access to quality healthcare delivery, according to the Lancet Global Health Commission Report. The 2025 budget estimates renovation and provision of equipment in a PHC at N75m-N150m. Construction and upgrading of a PHC in Jagindi Tasha, Kaduna State, is pegged at N90m, while building a primary healthcare centre in Igbemo-Ekiti, Ekiti State, will consume N125m. This means that even at higher estimates (of N150m and N125m), N39bn would renovate and equip 260 PHCs or build 312 new ones. It costs N25m to construct a community clinic that can serve locals at Mwarawo Community in Adamawa State, according to the budget. And with N39bn, over 1,500 units can spring up in hard-to-reach communities that lack access to basic healthcare services, according to checks by Weekend Trust. A further analysis shows that the cost of renovating the ICC is more than the combined capital expenditures approved for nine federal medical centres (FMC) in the 2025 budget. The hospitals are; FMC, Umuahia, Abia State, N9,635,655,307; FMC, Owo, Ondo State, N5,902,309,349; FMC, Markurdi, Benue State, N3,198,886,153; FMC, Asaba, Delta State, N4,600,840,888; FMC, Taraba State, N5,475,224,653; FMC, Nguru, Yobe State, N575,681,006; FMC, Bayelsa State, N2,141,500,528; FMC, Ebute Metta, Lagos, N3,910,909,779; and FMC, Jigawa State, N2,551,632,864. ad Also, N1,314,944,149 earmarked for the National Health Insurance Scheme in the current budget represents a 3.3 per cent of the N39bn expended on the conference centre rehabilitation, while the entire capital expenditure (N47,145,697,420) of the National Primary Health Care Development Agency—with the mandate to strengthen primary healthcare systems at the grassroots level and ensure access to essential health services in urban and rural areas—is 18 per cent more than the renovation cost. Wike defends project Meanwhile, the FCT Minister, Nyesom Wike, has downplayed those criticising the amount spent on the project, saying it was meant to build a centre of international standard that it was supposed to be. ad He said virtually everything at the centre, apart from its blocks, were changed during the renovation. Wike, who was reacting to the critics of the project during the commissioning of the Apo- Wasa road on Friday, said, ‘’People are criticising the International Conference Center. You know, there are people naturally, they don’t have good taste. The only thing in that International Conference Center that was not changed is the block work. Everything in that Bola Ahmed Tinubu International Conference Center, was changed. ‘‘If you love this country, you cannot criticise. It’s not about I wear only one shoe, telling people lies. It’s a lie. It’s not about, oh, I carry my bag. No. Nigeria, as a giant of Africa, must not only show that they are a giant, people must see what makes you the giant of Africa. Nobody that loves this country will criticise that International Conference Center. ad ‘‘There’s one television, one media house, I don’t normally watch them but somehow, by spiritual directive, I had to turn on. I saw somebody, I don’t know his name, normally I don’t like to know people’s names, who don’t have anything to offer. He said, oh, they did not name the International Conference Center after somebody who built it. Nnamdi Azikiwe Airport was not built by Nnamdi Azikiwe. Moshood Abiola Stadium was not built by Moshood Abiola. ‘‘Another one is that, oh, it was built with N240 million. Which year? 1991. What was the exchange rate in 1991 and compare the exchange rate? People will just sit down for the sake of criticising. Look at the exchange rate in 1991 and 2025, and then compare. ad ‘‘Oh, they built it with so so billion. So what? We have taste. We want the best for the country and the president has given the best for the country. If you did not do well to defend your boss when you had opportunity, it’s not our fault. You were there, they were hitting your boss left, right and center and you couldn’t defend your boss. I am here, I will defend my boss, and I have the capacity to defend my boss. If you want to die, I have a lot of land to give you where they will bury you. I am not afraid of that. After all, population is too high. So if you want to die, you die because you choose to die. ‘‘Why would you not commend somebody who has done well? You are not happy that they named it after Mr. President, go and kill yourself. I have done it and I have no regrets at all. ad The minister added ‘’Somebody said it is a misplaced priority; you that cannot win an election. He is telling us misplaced priorities. If you have priorities, Nigerians would have voted for you. It is not about social media. You say you will run an election; wait, 2027 is here. We don’t need to kill ourselves, when jungle matures, we will all know’. Birth of ICC The construction of the ICC was conceived to host the 27th summit of the Organisation of African Unity (now African Union) in 1991, in the wake of political turmoil in Addis Ababa, Ethiopia, the union’s headquarters where the summit is usually held. In his recently published memoir titled, ‘Journey in Service,’ General Babangida revealed that as the date of the summit drew nearer, Addis Ababa had become “strategically compromised” due to the raging civil war with rebels opposed to the communist regime of Mengistu Haile Mariam. Following predictions that the city would have been overrun or dangerously besieged by the summit date, it was advised that the event be postponed, moved to a different venue, or cancelled pending the return of normalcy to Addis Ababa. ad “We decided to embark on the building of what is today the International Conference Centre (ICC). The contractors agreed to an oil swap arrangement under which we would barter barrels of oil in advance as part payment for the financing of the project. We also needed to build a new dual carriage highway linking the airport to the city centre. In addition, residential accommodation for VIP guests alongside a fleet of limousines was written into the budget,” Babangida wrote. Built at a cost of N240 million, the facility had aged over the years, until it was shut down by the FCT minister, Wike, in April 2024 for rehabilitation. “It’s unfortunate, like I’ve always said; after that period, the whole place died. This was given to one senator, who was making money out of it but killing the edifice. We, of course, had to take a drastic decision… I’m happy with what is going on. Julius Berger had promised us that they were going to complete it. This is at the cost of N39 billion. We are spending N39bn,” Wike had said during an inspection of the rehabilitation work at the centre in March 2025. ad Renaming of ICC after Tinubu The renaming of ICC as Bola Ahmed Tinubu International Conference Centre by Wike has drawn the ire of opposition parties, civil society organisations and activists, many of whom argued that the former military president, Ibrahim Babangida, whose istration built the edifice, did not name it after himself. They also frowned at the trend of renaming public institutions after Tinubu. The National Secretary of the Coalition of United Political Parties (CUPP), Chief Peter Ameh, in a statement on Wednesday, said, “The brazen renaming of public institutions after President Bola Ahmed Tinubu exposes a disturbing focus on self-glorification over nation-building.” ad He described the N39bn renovation of the ICC as a “staggering misallocation of resources”, while critical sectors like education and healthcare in the FCT crumbled, noting that “General Babangida, despite overseeing its construction from the ground up, never sought to immortalise his name on this landmark.” “In stark contrast, President Tinubu, whose istration merely renovated the ICC at an outrageous cost of N39 billion, has renamed it; the Bola Ahmed Tinubu International Conference Centre. This pattern extends to other public assets, including the Bola Ahmed Tinubu Technology Innovation Complex, Bola Ahmed Tinubu Barracks, and Bola Ahmed Tinubu Federal Polytechnic. Such actions reek of personal branding and a desperate bid to rewrite history through paint and concrete, rather than through transformative leadership. ad “The N39bn squandered on this unnecessary facelift could have funded a new, state-of-the-art national monument or addressed the dire crises plaguing the FCT. Primary school children have been out of school for three months due to underfunding and neglect. “Area councils and primary healthcare centres have been paralysed by months-long strikes, leaving communities without essential services. These are the real emergencies demanding urgent attention, yet the istration prioritises vanity projects over the welfare of Nigerians,” he said. Ameh further lamented that while citizens grapple with soaring inflation, insecurity, failing healthcare, and a collapsing education system, the Tinubu istration “appears more committed to immortalising his name than solving these pressing challenges”. ad “This is not leadership but a shameful betrayal of public trust. For context, N39bn is not just a renovation budget; it is a staggering leap from the N240m used to build the ICC from scratch. This gross mismanagement of resources demands ability,” he added. This paper had reported in February 2025, how five public institutions, including those Ameh cited, were named after President Tinubu within 11 months, beginning with the renaming of the Abubakar Imam International Airport in Minna as Bola Ahmed Tinubu International Airport by the Niger State Government in March, 2024. The airport had only been named after Abubakar Imam nine months earlier, in June 2023, in recognition of his contributions to northern Nigeria’s literary, political and educational landscape. ad In May 2024, the National Assembly Library and Resource Centre was inaugurated and named the Bola Tinubu Building. There is also a bill for the establishment of Bola Ahmed Tinubu Federal University of Nigerian Languages in Aba, Abia State, before the House of Representatives. “In less than a year [as of February 2025], four public institutions have been named after President Bola Tinubu. This abuse of norms is rooted in the sycophantic culture that has grown in recent times. The president should put a stop to this, as he is signalling a culture that is highly unacceptable,” Seun Onigbinde, the co-founder of BudgIT, a civil society organisation promoting transparency and ability in Nigeria, had posted on X (formerly Twitter). ad CSOs raise conerns over renovation cost The Executive Director of the Resource Centre for Human Rights and Civic Education (CHRICED), Dr. Ibrahim Zikirullahi, said spending N39bn on the renovation of a building originally constructed at the cost of N240m was indicative of the character of the calibre of people managing the affairs of Nigeria. “The APC-led federal government since the era of Buhari’s istration has demonstrated unmatched prodigal tendencies in the management of public funds, and Tinubu’s government is taking it a step further,” Zikirullahi said. ad He said that incurring such a huge expenditure on the renovation of just one structure, at a time when schools and hospitals across the FCT are on strike due to the failure of the FCT istration to meet up with the payment of workers’ salaries and other statutory entitlements, underscored the degree of insensitivity of the current istration to the plight of ordinary Nigerians. Also, the Executive Director of the Grassroots Centre for Rights and Civic Orientation (GCRCO), Mr Armsfree Ajanaku, said the huge renovation cost of the conference centre stands transparency and ability on their heads. “What exact level of renovation requires such a huge sum? What were the processes for the procurement and execution of the renovation? What companies engaged in bidding for the project and what were the criteria for selection? ad “The FCTA needs to ensure proactive disclosure on these issues. Huge expenditure to renovate a conference centre comes across as a misplaced priority in the same FCT where teachers have been on strike, leaving children in public primary schools stranded at home for three months. “We believe public funds should be expended in a judicious, transparent and efficient manner to directly touch the lives of citizens, especially in the face of unemployment and deepening poverty in the country,” Ajanaku said. Centre must generate revenue, says economist ad An economist at the Olabisi Onabanjo University, Ogun State, Professor Sheriffdeen Tella, said now that the renovation is over, the focus should be on ensuring that the centre generates income to cover the cost and subsequent maintenance. “What is important now is that it should be able to generate income to meet the expenses spent. The government has already said that whoever is using it will have to pay. That is our main concern now because they have already spent the money. We don’t know the condition it was in before the renovation, even though we know contracts in Nigeria are always overinflated. To that extent, one cannot say whether the amount is right or wrong,” he stated. Country Director of Action Aid Nigeria (AAN), Mr Andrew Mamedu, maintained that the decision to spend N39bn on renovating ICC ought to have been assessed through the lens of value for money, public ability, and return on investment, adding that the project raised questions about cost efficiency and transparency. ad “While we recognise that infrastructure like the ICC is intended to generate income through rentals and hosting of events, the scale of this expenditure, especially amidst widespread hardship and competing priorities demands greater scrutiny. “At a time when millions of Nigerians are battling poverty, hunger, and insecurity, public spending must be subjected to rigorous cost-benefit analysis to ensure it directly contributes to the well-being of citizens. “Infrastructure investments should never be done in isolation from the broader development context. The issue here is not whether the ICC should be maintained, it should, but how much is being spent, how transparently it’s being procured, and how such spending translates into tangible returns for the public,” he said. ad Mamedu said ability and not optics, must guide public spending. “We urge the federal government to ensure full disclosure of the project’s scope, procurement process, and expected economic gains. Citizens deserve to know how their resources are being used and how those decisions improve their lives,” he added. Also, a professor of Economics at the University of Lagos, Olufemi Saibu, argued that the renovation of ICC was a good investment in of its envisaged economic impact. “The president has already said people would pay for using it and the minister also said the money would be recovered in 10 years. If the materials used in renovating and the engineers who worked on it were sourced locally, that is a good thing. We can be sure there was no case of capital flight. “The money spent must have been captured in the budget irrespective of whether it is billions of naira. However, it becomes an issue if it is found that the money was misappropriated. Let us hope that the centre would be able to generate income and benefit Nigerians,” he stated. https://dailytrust.com/fiscal-expenditure-n39bn-icc-cost-can-build-312-health-centres-1200-classrooms/
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Former Senate President, Bukola Saraki, has responded to President Bola Tinubu’s comment about the state of disarray in Nigeria’s opposition parties, acknowledging the internal turmoil within his party, the Peoples Democratic Party.https://punchng.com/pdp-will-sort-itself-out-saraki-replies-tinubu/ 13 Likes |
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Some residents of Ikorodu, a suburb of Lagos State, have appealed to the state government to restrict the Oro festival to nighttime hours, citing disruptions to free movement and commercial activities during the day. NAN https://punchng.com/restrict-oro-festival-to-night-ikorodu-residents-plead/ 4 Likes |
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June 12 Protests: Take-It-Back Movement Rallies In Lagos, Akure, Others Against Bad Governance https://saharareporters.com/2025/06/12/june-12-protests-take-it-back-movement-rallies-lagos-akure-others-against-bad-governance
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Heads of Mission from the United States, United Kingdom, Finland, Norway, and Canada have tly called on the Federal Government to reform the 2015 Cybercrimes Act, warning that its misuse threatens freedom of expression and hampers the country’s digital and economic potential.https://punchng.com/democracy-day-nigerias-cybercrimes-act-threatens-free-speech-needs-reform-envoys/ 2 Likes |
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The Peoples Democratic Party, PDP, has called on Nigerians to rise against one-party state. The party made this call in a statement on Tuesday as it prepares for its National convention in August in Kano. https://dailypost.ng/2025/06/11/nigerians-must-rise-against-one-party-state-pdp/ 1 Like |
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THERE were indications, yesterday, that the pump prices of Automotive Gas Oil, AGO, also known as diesel and Motor Spirit, PMS, also known as petrol would rise in the domestic market, due to rise in the price of Nigeria’s Bonny Light rising by 3.84 per cent to $67.50 per barrel from $65 per barrel last week in the global market. Checks by Vanguard indicated that four depot owners yesterday increased the price of either diesel or petrol to more than N1, 050 per litre and N869 per litre, respectively. The depot owners include First Fortune, Chisco, Chipet and Master Energy. First Fortune increased the depot price of diesel to N950 per litre from N945 per litre, while Chisco adjusted to N1,050 per litre from N1,045 per litre. Chipet adjusted the depot price of the product to N1,050 per litre from less than N1,000 per litre. Also, Master Energy increased the depot price of petrol to N869 per litre from N867 per litre. According to Petroleumprice.ng, the depot prices of petroleum products would continue to be dynamic in the coming weeks, due to some factors, including the instability of the global oil market. It maintained that the oil marketers would also be compelled to adjust pump prices, should the situation persist in the marketplace. On his part, National President of Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Dr. Billy Gillis-Harry, said: “The market is subject to changes. Currently, I think the volume of imported products has reduced, thus impacting the domestic market in one way or another.” According to the National Bureau of Statistics, NBS, the prices of petroleum products have been relatively unstable in the past few months. For instance, it stated that the average retail price of petrol increased to N1,239.33 in April. In its report, tagged ‘ Motor Spirit (Petrol) Price Watch (April 2025),’ released on April 20, the NBS said the pump price rose by 76.73 per cent from N701.24 recorded in the corresponding month last year. https://www.vanguardngr.com/2025/06/diesel-petrol-to-cost-more-as-four-depot-owners-raise-prices/ |
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James39:This is not useable again, until repaired. Something like this happened at Odo-Oba, the rail line fell into water. My granny was saved by a box of matches she bought to clean her ear! |
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Nlfpmod!
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Photo: Mokwa Railway Line, Niger State, after Mokwa flood. https://x.com/vanguardngrnews/status/1932340687363534991 6 Likes 1 Share |
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Seven people were killed on Sunday when a motorcycle struck an Improvised Explosive Device (IED) allegedly planted by suspected Lakurawa insurgents in Tangaza Local Government Area of Sokoto State. The victims, who were returning from a Sallah celebration in Gwabro village, were travelling on motorcycles when one of them struck the explosive device. The IED was reportedly planted beneath a tree commonly used as a rest point by military personnel during operations in the area. According to local sources, six men died instantly, while one of the two injured girls succumbed to her injuries the following day. French tourist dies in Benue hotel Loyalty: After God, Tinubu is next, says Umahi Confirming the incident, the Special Assistant to the Chairman of Tangaza LGA, Alhaji Ghazzali Rakah, said the victims were residents of Zurmuku village. “They were returning from a Sallah visit and decided to rest under the tree, which is known to be a spot frequented by troops during operations,” Rakah explained. “It is likely that the Lakurawa insurgents planted the device in anticipation of military presence.” He said a bomb disposal unit from the Nigeria Police had been deployed to the area to search for additional explosive devices. Sunday’s tragedy is not the first of its kind in the region. A few months ago, several soldiers were killed in a similar IED incident while on routine patrol in the same local government area. Security remains a significant concern in parts of Sokoto State, with local authorities calling for intensified counter-insurgency efforts to curb the activities of armed groups. https://dailytrust.com/seven-killed-as-ied-explodes-in-sokoto/ |
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Electricity distribution companies recorded a shortfall of over N202bn in their revenue collections for the first quarter of 2025, despite a rise in electricity billing across the country, an analysis of official industry data by The PUNCH has shown. https://punchng.com/discos-raise-bills-107-despite-poor-power/ 2 Likes |
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Nlfpmod!
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The Presidency has issued a response to former Minister of Transportation Rotimi Amaechi over his recent remarks questioning the utilization of fuel subsidy savings under President Bola Tinubu’s istration. Amaechi, speaking in May at his 60th birthday event in Abuja, expressed concerns about what he perceived as a misdirection of national resources, alleging that subsidy removal gains were being siphoned into “private pockets.” “If I were president, yes, I would pursue some of the policies they are pursuing, but ask what the failure is: the failure is that the gains of those policies are in their private pockets,” he said. “At one point, we were paying between four to five trillion naira as subsidy; where is the money now? If it had been injected into the economy, you would not be hearing complaints.” In a detailed rebuttal posted online, Special Adviser to the President on Social Media, Dada Olusegun, knocked the former Rivers State governor, calling his claims misleading and politically motivated. “More than two years after his primary election loss, it appears Chibuike Rotimi Amaechi has not gotten over the legitimate pain of defeat,” Olusegun wrote. He accused Amaechi of aligning with opposition forces and “resurfacing on the political scene” with “outlandish comments, claims and falsehoods against the current istration.” Addressing Amaechi’s claims regarding fuel subsidy savings, the presidential aide said the ex-minister was fully aware of the fiscal damage caused by the subsidy regime, noting that the Nigerian National Petroleum Company Limited (NNPCL) had stopped remitting revenues and resorted to advance crude sales to cover costs. “In 2022 alone, the FG’s subsidy bill was ₦4.39 trillion — nearly half of what Nigeria spent on petrol subsidies over a nine-year span from 2006 to 2015,” he said. He explained that the real gain of subsidy removal was not in direct cash savings but in halting “unsustainable borrowing” and stopping the mortgaging of future oil revenues. Olusegun further revealed that since January 2025, NNPCL began remitting 50% of crude oil revenues to the federation , significantly increasing monthly disbursements to states. “These tiers [of government] are not private pockets. Thanks to increased allocations, 33 states have repaid ₦1.85 trillion out of their ₦5.82 trillion in domestic debt — more than 30% repayment,” he said, describing it as a direct benefit of subsidy reforms. On the issue of foreign exchange reforms, Olusegun defended the decision to float the naira, noting that the previous multiple exchange rate system cost Nigeria over ₦13.2 trillion between 2021 and 2023 in what he termed “FX subsidy losses” — money he said “went exclusively to private pockets.” He added that under Tinubu’s istration, foreign reserves rose from $3.99 billion in 2023 to $23.11 billion in 2024, while over $10 billion was used to clear external obligations, including debts to international airlines. “Nigeria is no longer on the IATA list of countries with blocked funds. This was possible due to increased FX liquidity,” he said. Olusegun also accused Amaechi of turning a blind eye to his own legacy in office and warned that attempts to undermine the current istration with misinformation would not go unchallenged. “This istration is cleaning up the mess it inherited, including from individuals like Mr. Amaechi, who now seek to play the saint,” the statement added. https://politicsnigeria.com/just-in-presidency-fires-back-at-amaechi-reveals-use-of-post-subsidy-revenue/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews |
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A prominent Northern elder and public commentator, Alhaji Dabo Sambo, has warned President Bola Ahmed Tinubu that unless he urgently tackles insecurity and banditry, particularly in northern Nigeria, his chances of winning the 2027 presidential election will be slim. https://dailytrust.com/end-banditry-in-north-or-forget-2027-election-sambo-tells-tinubu/ 9 Likes 1 Share |
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Government need to remove Kara cattle market, Nlfpmod!
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Some ram sellers in the Federal Capital Territory (FCT) on Wednesday attributed the high cost of rams to insecurity and low supply from the Northwest. https://www.vanguardngr.com/2025/06/sallah-ram-prices-surge-amid-insecurity-low-supply/ 3 Likes |
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, can opposition do same in 2027!
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SEOUL, South Korea — South Korea’s center-left Lee Jae-myung was declared president Wednesday after winning a snap election, taking the helm of a nation deeply divided after his predecessor’s disastrous attempt to declare martial law. https://www.msn.com/en-ph/news/other/south-korea-s-new-president-lee-takes-power-after-election-win/ 3 Likes 2 Shares |
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Refill stations, conversion centers, other facilities grossly inadequate •CNG buses, other equipments rot in parking lots •Some private s reverting to petrol •State-by-State paints same picture •Why gas couldn’t reach North •Current pain is temporary – Presidential CNG Initiative By Soni Daniel, Emma Ujah, Emma Amaize, Ediri Ejoh, Miram Eko, Wole Mosadomi, Bashir Bello, Ademola Akinyemi, Umar Yusuf, Ndahi Marama, Marie-Therese Nanlong, Peter Duru, Charly Agwam, Ibrahim Hassan-Wuyo, Haruna Aliyu, Femi Bolaji, Musa Ubandawaki, Boluwaji Obahopo, Salisu Idris, Samuel Oyadongha, Jimitota Onoyume, Egufe Yafugborhi, Ike Uchechukwu, Chioma Onuegbu, and Ochuko Akuopha. There are indications that the Federal Government’s (FG) scheme, designed to transition Nigeria’s vehicle transportation service industry away from fossil fuel (petrol) to gas, has encountered a major hitch. Industry stakeholders told Financial Vanguard that the initial enthusiasm has been overtaken by frustration due to supply shortages and insufficient infrastructure. They said that inadequate refill facilities and the gas itself across the country have become the s’ and investors’ nightmare in recent times. The scarcity of the product is coming against the backdrop of adequate supply of petrol across all parts of Nigeria, a situation which has now started luring the gas s back to re-converting their vehicles to petrol from gas. In several states, there is virtually zero presence of the CNG scheme and in others with physical presence including availability of conversion kits, in-built autogas vehicles already supplied and refill stations already set up, but level of activities are either non-existence or skeletal. However, the office of the Presidential CNG Initiative, as well as key stakeholders, while acknowledging the existence of these challenges, said the programme has not derailed, adding that efforts are underway to restore progress. FG’s incentives The Federal Government had put in place several incentives to encourage private business organisations to go into the CNG business, including the removal of Value Added Tax (VAT) on CNG equipment and infrastructure and Liquified Petroleum Gas, including conversion kits. On May 13, 2024 the President, Bola Tinubu, directed all Federal Ministries, Departments and Agencies to purchase CNG vehicles and other steps for its widespread use. Related News FG mulls 90% energy cost savings for bus drivers with CNG vehicles Fuel Subsidy: 550 CNG vehicles ready by July — Lagos Govt Commuters groan as FG’s CNG buses yet to reach northern states 2 years after Tinubu’s promise The government even paid for kits for free conversion of one million commercial vehicles across the country. The government’s position is that with the free conversion and a low CNG price, public transportation would become cheaper for ordinary Nigerians. But investigations have revealed that the reluctance of the government to approve some licences for the establishment of CNG stations is part of the causes of scarcity at the few existing refill stations in Abuja and some other locations across the country. Some of the s who spoke to Financial Vanguard also alleged sabotage. A truck driver stated: “I believe there are some people in the downstream segment as operators and possibly regulatory agencies that are benefitting from petrol importation and they know that if more people convert to CNG and they can buy it easily, they will abandon petrol. If they abandon petrol, then they cannot be making that money again. “President Tinubu is the one that said people should convert to CNG. So after we have converted to CNG, why can’t we buy it easily? If the stations are not enough, why will the people in government refuse to allow more stations to be established”? Another commercial taxi operator said: “Many commercial vehicles have converted to CNG. Even many private car owners also converted to CNG but now, they are getting discouraged because of the long queues at gas stations. “As a result of the long queues, many of them cannot spend four, five or six hours to buy CNG. They don’t have such time. So they are now reverting to petrol. That is not the way to go.” A truck driver of one of the largest cement companies in the country told Financial Vanguard in Abuja weekend, that he and his colleagues spend an average of six days to refill their CNG-powered trucks at refill stations. He stated: “Every time you this road, you will see our trucks in the queue. It is not heavy-duty trucks only. Even car owners and taxi operators suffer with us. You can see things for yourself. Look at the long queues (point at both trucks and cars in their different queues).” “I am not happy at all. When we are coming, our company gives us N20, 000 each. Imagine being given N20, 000 and then you spend six days in the queue just to buy gas. That money is not enough at all. We are suffering.” Abuja/Nasarawa situation The ever-busy Abuja-Keffi Road, with an approximately 38-kilometre distance, has over 49 petrol stations situated on both sides of the road. Unfortunately, on the same road, there is only one CNG station. The only CNG refill station, situated at Ado, Karu Local Government Area of Nasarawa State, is currently non-functional. It was launched just some eight months ago to provide substantial savings for drivers and commuters, since CNG is significantly cheaper than petrol. Some motorists said they would have converted their vehicles to CNG but expressed frustration over lack of conversion centres, coupled with the non- functional CNG refill stations on the road. The only functional CNG station in Nasarawa State is the Greenville’s Liquefied Natural Gas/Compressed Natural Gas (LNG/CNG) station, located in Lafia, the state capital. A commercial driver, Adamu Suleiman, expressed frustration at the development, saying he would have been using CNG if refill stations were established along the road like the petrol refuel stations. “I contemplated converting my vehicle sometimes last year when this initiative was launched by President Bola Tinubu but some of my friends whom I discussed the issue with asked me to hold on a little before taking the step. When I look back today, I thank them for the wise advice because where would I have been getting the CNG?”. John Ebiam, another commercial driver who plies the Makurdi-Abuja route said not heeding the advice to convert his vehicle was one of the best decisions he has ever taken. “Where are the CNG refill stations?” He asked rhetorically. “I would have been crying like some of my friends are doing now.” The frustration of long hours at the CNG stations has forced Mr. Longe Lege, a public servant in Abuja, to revert to petrol. He said that his busy schedule does not give him the luxury of spending five to six hours at the gas station. His words, “It’s affordable and saves a lot of costs compared to petrol. I used to spend between N50,000 and N60,000 per week on petrol to go to work but with CNG, it’s about N15,000. But the major challenge currently is the availability of gas. “The 10 CNG stations servicing Abuja is grossly inadequate to meet the huge demand of CNG s. Some CNG s doing Bolt or Uber taxi services even sleep at gas stations just to buy gas. Due to the stress of getting gas, I have not been buying gas for a while now because I honestly do not have the patience to spend 4 hours every two days to buy gas.” Ahmed Kunle, a taxi operator in Abuja disclosed that he spent eight hours at a CNG station last week. He said, however, that the average time on the queue at the Mobil Station by the Dunamis Dome is three to four hours. Financial Vanguard findings revealed that in the whole of Abuja, there are only 11 CNG filling stations and 45 in the whole country. Out of the 11 in Abuja, only three are reliable, leaving CNG vehicle owners in frustration and regrets, with some now abandoning the CNG and reverting to running their vehicles on petrol and diesel. Lagos When Vanguard visited some stations in Lagos state, including Ikeja, Mushin and Apapa, CNG product was not dispensed as the attendant said they were out of stock asking us to try other stations or come back some days later. Sources close to NIPCO refill stations, however, argued that efforts were already being made to mitigate the crisis. “Yes, I can confirm the challenges in the availability of the product, which sometimes happens in every product supply or delivery. There are so many reasons for such, it could be a delay at the port of clearing or shipment of this product”. Vanguard also gathered that the product kits at various locations in Lagos are experiencing scarcity. A source in one of the government approved outlets, confirmed lack of equipment to install and convert to CNG operating vehicles. According to him, “For while now, we don’t have the kits from the government source. However, we have some to sell from our own stock which is not like the subsidized equipment from the government. I don’t know why it is not coming in at the moment but that is the reality of things across our outlets.” South East In the South East, the situation appears more surprising, that nearly two years after the initiative was launched they are just about starting to get on board. In Enugu State, the government has just procured 50 CNG buses expecting the next batch of another 50 to get started. The first 50 are currently parked at the Michael Ìkpara Square. The State Commissioner for Transportation, Dr. Obi Ozor, said the buses would be inaugurated and deployed on the roads soon. “You have seen buses for the mass transit programme across the state. 50 of them are already parked at Okpara Square, and an additional 50 will be ing that fleet in the next few weeks. The 100 of them will be going into commercial operations before the end of this month, which is the second year anniversary.” He disclosed that the government plans to bring in the electric and CNG automotive manufacturing plant into Enugu. In Ebonyi State, the government has just woken up to embrace the CNG initiative but yet to go into the actual services. The Secretary to the Ebonyi State Government (SSG) Prof. Grace Umezuruike, said the government has purchased some CNG luxury buses. She did not give the number so far purchased. She said the state governent approved that the buses will be plying various routes to transport civil servants to work and students to school free of charge. It is even worse in Abia State as the state is said not to be interested in buying CNG buses, but will rather roll out electric buses soon. Commissioner for Transportation, Abia State, Dr. Chimezie Ukaegbu, said, “We are not buying CNG buses now but we will roll out electric vehicles by end of July for Urban Mass Transit scheme”. He, however, said that “the state is open to any investor who wants to invest in CNG buses in the state.” “We will provide a conducive business environment for any investor.” In Anambra State, it’s a different model as the private sector has already led the initiative with the Nnewi-based Innoson Vehicle Manufacturing Company which has fully embraced it. A section of the automobile firm’s complex is designated Innoson CNG Vehicles Manufacturing and Conversion Center, and it is fully operational. Innoson introduced the technology in 2024 and has been producing CNG vehicles. But surprisingly, the citizens of the state are not using the CNG vehicles just as the state government appears uninterested. Among organizations that have patronized Innoson CNG Vehicles are the Federal Road Safety Commission, FRSC, and others based outside Anambra State. Apart from Innoson, another company is expected to commence the production of CNG vehicles at Umunya in Oyi local government area of the state. South South In the South South, CNG Initiative appears strange, despite being the nation’s gas hub. There are no CNG buses in Delta, Akwa-Ibom, Bayelsa, and Cross-Rivers, according to vehicle drivers, residents, and labour leaders in the region who spoke to Financial Vanguard. They said the FG’s CNG program has not taken off in the region. Comrade John Angese, Secretary, Nigeria Labour Congress (NLC), Bayelsa State, said: “The policy is not running as expected. While stakeholders, including the labour organizations, applauded the initiative, we thought it would have trickled down to states, but since the program was launched, it has ended where it was launched. “Many states have not received CNG buses from the federal government, including Bayelsa State. There has been no report of any such vehicle in Bayelsa. “And I want to say the CNG project of the federal government has not succeeded here in Bayelsa State”. Comrade Alagoa Morris, ex-secretary of the Civil Liberties Organisation, Bayelsa State, said: “As far as Bayelsa State is concerned, I am yet to hear of any transporter utilizing the benefits envisaged to be derived from the CNG policy. “The only area the CNG featured somehow is in the aspect where some generator owners tried to convert from fuel to gas. And for most people, the fear of the unknown has prevented them from converting, except that the generators originally used gas. I also decided not to convert to gas.” Comrade Julius Laye, Chairman of Bayelsa State Trade Union Congress (TUC), said, “The policy has not impacted Nigerians. Other than hearing about it, I haven’t seen one in Bayelsa. In addition to allowing manufacturers to oversupply the market, soft loans should be provided to local producers, such as Innoson Motors, so that Nigerians can buy them.” A resident of Yenagoa, Bayelsa state capital, Mr. Samuel Owolabi, said, “The Bayelsa government appears unenthusiastic about promoting CNG, and its absence is noticeable.” The National Union of Road Transport Workers (NURTW) in Bayelsa State said it has neither seen nor received the federal government’s CNG buses in the state. A top official of the NURTW, Ekeki Park, Yenagoa branch, who pleaded anonymity, asked, “What is a CNG bus? From whom and from where? We have not seen anything or received any from the federal government.” Most vehicle owners told our reporter that they were hearing about the CNG buses for the first time and didn’t know what they looked like. In Delta State, there is no evidence of the realization of the CNG policy. Across the state, there are no CNG buses, as the people still rely on petrol-dependent vehicles as their means of transportation. Chairman of the state chapter of Trade Union Congress, TUC, Mr. Bolum Martin, said the federal government had not fulfilled what it promised. A vehicle owner, Mr. Osekene Gabriel, asserted: “Yes, it is a good policy that the president has initiated, but in reality, Deltans have not felt the impact of the policy.” Another vehicle owner in the state, Mr. Fred Emudaye, said, “We don’t know anything about it in Delta State. We don’t know anything about CNG in the state. “There is no evidence of CNG buses anywhere in the state. Everyone in the state is dependent on petrol. You hardly hear anyone talking about CNG buses in Delta because they simply do not exist in the state.” However, Financial Vanguard learnt that the state government and NIPCO Gas Limited signed a Memorandum of Understanding (MoU) for the establishment of a CNG conversion centre for vehicles at a 3,000-meter facility in February 2025. Also in another instance in Delta State, commercial bus drivers in Warri, the commercial nerve center of the state, said, “most filling stations are not designed for gas operations. They were built originally to dispense fuel to motorists and have remained so. This is one challenge hindering many vehicle owners from converting.” Another commercial taxi operator told our correspondent, “I am not even sure they have opened any conversion center in Warri yet. The government even talked about introducing CNG tricycles for commercial use. I still see only fuel-powered Keke in Warri.” Financial Vanguard findings revealed that after much fanfare in Akwa-Ibom State CNG launch last year, nothing concrete has happened. In September last year, Pastor Umo Eno, the State governor, had declared that the state government would like to introduce CNG buses provided it found partners who would supply refilling stations for the transport buses. Eno stated: “We are looking for partners who will provide refilling depots for our CNG buses,” during a broadcast commemorating the 37th year of the state’s creation. “We will start this program as soon as this is accomplished. It does not make sense to buy CNG buses that will not have refilling depots. Doing so will defeat the purpose of this initiative.” A month later, the federal government unveiled the CNG Conversion Incentive Programme in Uyo, the state capital, under the Presidential Compressed Natural Gas Initiative (P-CNGi). The event witnessed the g of a Memorandum of Understanding (MoU) between the PCNGi, Nsik Oil and Gas Limited, and two other private partners at the Nsik Motors Terminal, Uyo. Programme Director and Chief Executive Officer of the P-CNGi, Michael Oluwagbemi, represented by Tosin Coker, the Head of Commercials, said the inauguration was for a pilot project designed to set a benchmark for CNG vehicle conversion and training in the state. In March 2025, Nsik Oil and Gas flagged off the construction of a N10 million standard cubic feet per day (MMSCF/D) CNG mother station in Uquo Isi Edoho, Esit Eket Local Government Area. However, nothing else had been heard of the delivery of CNG services in the state till date. When Vanguard visited Nsik Motors, a management staff member said they were currently trying to put the needed structures in place at the Esit-Eket mother station. Our source, who preferred to remain anonymous, hinted: “If everything had been put in place, we would have started to convert our buses to CNG.” With no clear timeline for completion set, it is not clear when the critical stakeholders would activate both the CNG conversion incentive and refill mother and daughter stations, as no commissioning has been made. https://www.vanguardngr.com/2025/06/fgs-gas-powered-vehicle-scheme-runs-into-major-hitch-nationwide/ |
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Nothing can be bought with those denomination, Nlfpmod!
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Nlfpmod!
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The Naira suffered a significant loss in the parallel market, closing at N1,630/$1 on Friday, May 30, 2025, after several days of relative stability at N1,620/$1, according to data from Nairametrics Research. https://nairametrics.com/2025/06/01/exchange-rate-plunges-as-naira-closes-may-at-n1630-1-in-parallel-market-after-brief-stability/ 1 Like |
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Serious trouble!
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The Emir of Kano, Muhammad Sanusi, has warned that Nigeria is currently in crisis. https://dailypost.ng/2025/06/01/were-in-crisis-nigerians-living-with-bandits-boko-haram-emir-of-kano-sanusi/ 5 Likes 1 Share |
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The Emir of Kano and former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, has said he got to know what poverty truly is when he mounted the throne. https://www.vanguardngr.com/2025/05/i-only-knew-what-poverty-is-when-i-became-emir-sanusi-lamido/ 15 Likes 3 Shares |
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Money is not everything!
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