Author: Obiajulu Joel Nwolu - Page 210

Fuel Subsidy Removal: History will Judge Buhari Favourably for Removing Fuel Subsidy- Garba Shehu

7Sep

By Obiajulu Joel NwoluNo Comments

Economy, News, Nigeria, Petroleum, Press Statement, Transportation

Fuel Subsidy Removal: History will Judge Buhari Favourably for Removing Fuel Subsidy- Garba Shehu

The senior special assistant to the president on media and publicity, Garba Shehu has said President Muhammadu Buhari will go down in history as a courageous leader who brought sustainable development by removing subsidy. The Presidential aide on Sunday said history will be kind to President Buhari as the leader who implemented real changes to economic and overall national development by eliminating the evils of corruption inherent in subsidies. Shehu stated these in a statement titled “History will be kinder to President Buhari than his critics are prepared to be.” He was reacting to public outcry as a result of the recent hike in fuel price and electricity tariff. According to him, the reforms that led to the hike in prices are “necessary and overdue.” “Subsidy removal in ...

Ousted President of Mali Flown Abroad for Medical Attention

6Sep

By Obiajulu Joel NwoluNo Comments

Armed Forces, Mali, News

Ousted President of Mali Flown Abroad for Medical Attention

Former Malian president Ibrahim Boubacar Keita, recently deposed by mutinying soldiers was flown to the United Arab Emirates (UAE) for medical attention in the late hours of Saturday, a top diplomat said. Keita, 75, was hospitalised in Mali after his release from detention by the military junta who held him for 10 days. The former president departed Mali for medical treatment along with his wife, Aminata Maiga Keita, an aide, two doctors and four security personnel, said the diplomat who sought anonymity Sahara Reporters reports. He was flown to UAE following a request from Malian authorities and Keita, so he could access medical care at a military hospital in Abu Dhabi. Keita had returned to his residence earlier I the week after hospitalisation at a private hospital under tig...

Money Rain at Wedding of President Buhari’s Daughter, Hanan (See Video)

6Sep

By Obiajulu Joel NwoluNo Comments

Celebration, Covid-19, News, Nigeria

Money Rain at Wedding of President Buhari’s Daughter, Hanan (See Video)

There was no shortage of spectacular scenes as President Muhammadu Buhari’s daughter, Hanan and her groom, Mohammed Turad wedded on Friday. The lavish wedding which had its planners flown in from Dubai, United Arab Emirates, according to reports by Sahara Reporters saw the rain of naira as guests sprayed money on the couple during their dance. The extravagant ceremony comes on the heels of increment of the price of Premium Motor Spirit (PMS), commonly known as petrol by President Buhari’s administration from N145 to N160, causing attendant hardship on many households in the country. In a video of the lavish ceremony tagged 'The First Wedding' for being the first of its kind to hold inside Aso Villa, Nigeria's seat of power, and seen by AfricaNewsTodays, guests were seen gathered c...

Osinbajo Advocates Accessible, Affordable Distribution of COVID-19 Vaccine

5Sep

By Obiajulu Joel NwoluNo Comments

African Development, Covid-19, News, Nigeria, Press Statement, Safety

Osinbajo Advocates Accessible, Affordable Distribution of COVID-19 Vaccine

Vice-President Yemi Osinbajo has said the distribution of COVID-19 vaccine should not be based on the highest bidder but rather be provided at an affordable and accessible manner. Osinbajo made the call while speaking at the virtual 2020 EURAFRICA Forum themed, “Towards a Realistic Euro-African Partnership During and Beyond the COVID-19 Era,” said his media aide, Laolu Akande. He said the approach would ensure contain the spread of the virus. Dignitaries such as UN Secretary-General, Mr. Antonio Guterre and the Prime Minister of Cape Verde, Mr Ulisses Correia Silva among others made presentations at the summit which aims to promote collaboration between Europe and Africa. Osinbajo said, “Europe should work closely with Africa to ensure that when a vaccine is finally deployed, i...

5Sep

By Obiajulu Joel NwoluNo Comments

Nigeria

Sanusi Reveals 2023 Political Ambitions

Former Central Bank of Nigeria Governor, Mallam Muhammed Sanusi has said he has no interest in seeking elective position in the country, even in the forthcoming 2023 general election. Revealing his next course of action, the former Emir of Kano said he will be proceeding to the Oxfprd University in the United Kingdom next month where he will function as a visiting fellow at the university’s African Studies Department. Speaking in an interview with Arise TV, Sanusi said, “People have been talking to me about politics when I was in the CBN. I have never had an interest in partisan politics.” On his political ambition, he said, “The nature of my family is that we consider ourselves the leaders of the poorer people and you know politics can be very divisive. “All I can say is that ...

Presidency Lauds UK Court Judgement on P&ID Feud

5Sep

By Obiajulu Joel NwoluNo Comments

Judiciary, News, Nigeria, Press Statement

Presidency Lauds UK Court Judgement on P&ID Feud

The Presidency has lauded the judgment by the United Kingdom court granting Nigeria’s application for an extension of time and relief from sanctions in a $10bn suit with Process and Industrious Development Limited (P&ID) has provided sufficient grounds for the Nigerian Government to proceed and challenge the frauds perpetrated by the company and overturn the arbitration award. This was disclosed by Garba Shehu, Senior Special Assistant to the President on Media and Publicity on Friday in a communique titled, ‘Presidency welcomes judgment by UK court on P&ID.’ Shehu expressed the Presidents delight at the judgment, describing it as “right, just and provides a strong prima facie case that the fraudulent gas deal with P&ID and the subsequent judgment debt of $10bn against Ni...

Two Nigerian Refineries Produce Zero Crude Despite ₦85.9 Billion Investment

4Sep

By Obiajulu Joel NwoluNo Comments

News, Nigeria, Petroleum

Two Nigerian Refineries Produce Zero Crude Despite ₦85.9 Billion Investment

A June report published by the Nigerian National Petroleum Corporation (NNPC) has revealed that three refineries in Nigeria gulped ₦148 billion in 13 months but produced below 40,000 metric tonnes of crude oil. The low output according to NNPC is occasioned by ongoing rehabilitation of the oil refineries. Statistics show that when put together, both refineries have a production capacity of 445,000 barrels per day (bpd). The Port Harcourt refinery has the capacity of 210,000 bpd, the Kaduna refinery, 10,000 bdp and Warri refinery has 125,000 bpd. However, the refineries managed to produce 38,977 metric tonnes of crude from June this year. The Kaduna refinery produced the crude in July 2019 resulting to a ₦62 billion shortfall in 13 months, Premium Times reports. The report shows...

Nigerian Government Approves Phased reopening of Schools

4Sep

By Obiajulu Joel NwoluNo Comments

Covid-19, Economy, Education, Finance, News, Nigeria, Safety, Transportation

Nigerian Government Approves Phased reopening of Schools

Reviews curfew from 12am to 4am Lifts ban on market, cinema and gym Approves reopening of NYSC orientation camp The Nigerian government has ratified the phased reopening of educational institutions across all states of the federation after schools were closed in March as a measure to control the spread of COVID-19. Government tasked state government and stakeholders in the education sector to commence preparations for the full resumption of schools and also approved the extension of curfew from the initial 10 pm to 4 pm to 12 am to 4 am. The extension of the mandate of the Presidential Task Force on COVID-19 (PTF), was extended from September till December 31. Briefing reporters in Abuja, Dr. Sani Aliyu, National Coordinator of the PFT said, “For educational...

FG Ratifies $3.1bn Customs Automation Concession Project

3Sep

By Obiajulu Joel NwoluNo Comments

Aviation, News, Nigeria

FG Ratifies $3.1bn Customs Automation Concession Project

The Federal Executive Council (FEC) has ratified the concession of the automation project of the Nigeria Customs Service (NCS). Minister of finance, budget and national planning, Zainab Ahmed said the automation project will cost $3.1 billion. She noted the project will be concessioned for 20 years. The council also approved N13.122 billion for automation of airports in Lagos, Abuja, Kano and Port Harcourt and consequent transformation of the airports from their current analogue to full digital operations Ahmed said, “The main objective of this project is to completely automate every aspect of the customs business and to institutionalize the use of smart and emerging technologies that will enhance the statutory function of the Nigerian Customs Service in the areas of revenue gener...

Petrol Price Increment: We Either Confront Government on the Street Now or Be Consumed – TASUED Students’ Union

3Sep

By Obiajulu Joel Nwolu1 Comment

Economy, Education, News, Nigeria, Petroleum

Petrol Price Increment: We Either Confront Government on the Street Now or Be Consumed – TASUED Students’ Union

The Students’ Union Government of Tai Tai Solarin University of Education (TASUED), Ijagun, Ijebu-Ode, Ogun State has rejected the hike in the pump price of Premium Motor Spirit (PMS) from N148 to N151.56k per litre. The PMS price regulatory agency had announced an increase to N151.56k per litre for the Nigerian National Petroleum Corporation retail outlets while the Independent Petroleum Marketers Association of Nigeria instructed its members in the South-West to dispense at N162. Describing it as an act of war on Nigerian students, TASUED Students Union President, Abdul-Azeez Lekan Soneye said it was time for them to confront the government or be consumed. He said, “War is coming. And it will consume everyone of us here if care is not taken. Electricity fee has been hiked by 300...