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Fayose: FG planning increment of petrol price next year March

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Immediate past Governor of Ekiti State, Mr. Ayodele Fayose has said the federal government must perish the idea of increasing the pump price of petrol from N145 per litre to N185 in March next year, saying “Nigerians have suffered enough in the hands of the APC government and won’t accept any further upward review of petrol pump price.”

The former governor, who described the planned increment as a way of taking back of whatever that is added to workers salary as minimum wage increment, said; “They are delaying the increment till March because of its effects on the February 2019 elections.”

Media Aide to the former governor, Lere Olayinka said in a statement on Monday that the NNPC presentation to the Senate last week that N145 fuel pump price was unrealistic and that the pump price of petrol was supposed to be N185 per litre as against the official price of N145 per litre was a way to prepare the minds of Nigerians for the planned increment.

The Group Managing Director of the NNPC, Mr. Maikanti Baru had told Senate Ad-hoc Committee set up to investigate allegation that the Corporation created a fund to finance fuel subsidy without appropriation by the National Assembly that the NNPC set aside $1.05 billion to augment the differential between the landing cost of
imported fuel and the pump price of N145 per litre. He said landing cost of petrol was N185 per litre, pointing out that the N40 gap was being filled with the $1.05 billion Support Fund.

Reacting, Fayose, who said the NNPC must explain to Nigerians where it derived powers to spend $1.05 billion (over N350 billion) from crude oil sales to subsidise petrol, noted that it was unexplainable for any agency of the federal government to spend revenue belonging to the entire country without first remitting the fund into the federation
account.

The former governor said it was uncharitable for anyone to draw comparison between the pump price of petrol in West African countries with that of Nigeria without considering cost of living in those countries and whether or not they are oil producing like Nigeria.

He said “smuggling is an outdated excuse for increasing petrol pump price, it will no longer be accepted by Nigerians.

“Nigerians are suffering. Millions of jobs have been lost and even many of those still employed are not gainfully employed. The federal government must not add to the burden of the suffering masses by increasing the pump price of petrol as being planned.”

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NEWS

BREAKINGNEWS: LAGOS APC LAWMAKER, TUNDE BRAIMOH, IS DEAD

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ACCORDING TO A CLOSE MEMBER OF THE FAMILY , BRAIMOH DIED EARLY HOURS OF FRIDAY.

HE WAS TWO TIMES CHAIRMAN OF KOSOFE LGC AND CURRENTLY SERVING HIS SECOND TIME IN THE LAGOS HOUSE OF ASSEMBLY.

UNTIL HIS DEMISE, BRAIMOH, WHO IS A LAWYER, HEADED COMMITTEE ON INFORMATION, SECURITY AND STRATEGY IN THE HOUSE OF ASSEMBLY.

IT WOULD BE RECALLED THAT, THE FORMER SENATOR, BAYO OSINOWO, WHO DIED RECENTLY WAS ALSO FROM KOSOFE LGA.

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NDDC N40b Probe: No Kobo Is Missing, Misapplied by the IMC…..Ojougboh

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THE Acting Executive Director, Projects, Interim Management Committee, IMC of the Niger Delta Development Commission, NDDC, Dr. Cairo Ojougboh has said that no single Kobo has been misapplied by the Committee since it came on board.

Speaking in Abuja Thursday when he appeared before the Senator Olubunmi Adetunmbi ( APC, Ekiti North) led Ad-hoc Committee probing  into alleged financial recklessness to the tune of N40 billion by the IMC, Ojougboh said that since the interim management came on board, it has not awarded any contract, except the recent one of the Coronavirus, COVID-19  Pandemic where Palliatives were given to people.

Ojougboh  who is presently addressing the Committee has accused both the Chairman, Senate Committee on Niger Delta Affairs, Senator Peter Nwaoboshi and his House of Representatives counterpart as the problem of the interventionist agency.

According to him, if they remain as chairmen of the Committees, Niger Delta region will never develop.

Meanwhile, the Accountant General of the Federation, Ahmed Idris has told the Ad- hoc Committee that a total of N281 billion has so far been released to the NDDC from 2016 to May this year.

Giving a breakdown, he said that in 2016, N41billion was released; in 2017, N64 billion was released; in 2018, a total of N71 billion was released; in 2019, N71 billion was released and from January to May this year, N34 billion was released.

Recall that the Senate is probing alleged financial recklessness to the tune of N40 billion by the Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC.

Against this backdrop, the Senate had set up six-man Ad-hoc Committee to carry out a holistic investigation into all issues relating to but not limited to the alleged misapplication and misappropriation of the sum of N40billion by the commission.

The Committee, which had four weeks to report back at plenary, was asked to look into all procurement and financial transactions of the commission in this fiscal year (2020) and any other matter that is not in accordance with the provision of the NDDC Establishment Act, 2000 or any other extant law.

In a related development, the Minister of Niger Delta Affairs, Senator Godswill Akpabio has assured the National Assembly of his utmost cooperation in the ongoing probe of the Niger Delta Development Commission (NDDC).

Recall once again that the Senate is probing alleged financial recklessness to the tune of N40 billion by the Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC.

Against this backdrop, the Senate had set up a six-man Ad-hoc Committee to carry out a holistic investigation into all issues relating to but not limited to the alleged misapplication and misappropriation of the sum of N40billion by the commission.

Appearing before the Senate ad-hoc Committee on Thursday,  the Permanent Secretary in the Ministry of Niger Delta Affairs, Mr. Olusade Adesola who stood in for the Minister  regretted the absence of the Minister due to circumstances beyond his control.

Mr Adesola assured the Committee that the Minister held the Panel in high repute and would appear on any other date that the Committee would extend an invitation to him.

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22 YEARS AFTER: WE JUST CANNOT FORGET MKO

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July 7 marks the 22nd anniversary of the murder of Chief MKO Abiola, the man popularly elected by Nigerians as president on June 12, 1993.
Abiola was eliminated after spending over four years in incarceration just because of his blunt refusal to compromise his principled belief that a mandate freely and enthusiastically given by over 14 million Nigerians cannot be overturned by military fiat.
Abiola displayed uncommon courage, unparalled dignity, and unusual candour in his staunch defence of the mandate given him by change-seeking Nigerians who, after trooping out to massively vote for him in 1993, had also engaged all the illegal regimes that held sway while the legal president languished in jail.
Twenty-two years after his elimination, Abiola still stands taller than all his adversaries and murderers.
He represents what Nigeria is capable of being but which we were denied because of the machinations of a greedy cabal fearful of the real CHANGE that Abiola not only promised but also typified.
All the troubles of Nigeria, which Abiola’s victory was meant to abolish, are the very shenanigans threatening the corporate existence of this country today.
A country that gleefully elected a Muslim/Muslim ticket, would not hear of such today as it has become badly fractured along regional and religious divides.
Today, we remember MKO in the midst of insurgency ruins, Chibok and Dapchi abductions among many others too numerous to mention, with people daily burying their dead in the innumerable harvests of death.
Abiola’s memory challenges us to end these and many other acts of terror that not only dehumanize us but also depreciate our human capital stock in the comity of nations.
We therefore enjoin Nigerians to continue to insist on the following demands from their rulers:
i. The posthumous recognition of Abiola as President of Nigeria and for his portrait to be displayed amongst those of past Nigerian presidents and heads of State.
ii. A judicial commission of enquiry to unravel how the high treason of the murder of MKO Abiola was carried out while he was in the custody of the Nigerian State.
iii. Restructuring of Nigeria, which has become the only exercise that can stall and reverse the fragmentation of the country.
We therefore also call on Nigerians, irrespective of creed, race, religious inclination or affiliation, to re-dedicate themselves to the ideals of the struggle for genuine democracy birthed by credible elections.
Entrenching the true spirit of June 12, which is free and fair elections, is the best way to immortalize MKO.
 In conclusion, we salute the memory of MKO Abiola, whose election was clean, free and fair and was so adjudged by local and international observers.
As we salute the memory of MKO Abiola, we call for an end to political manipulations that have hallmarked most elections before and after that of June 12, 1993.
In the same way, we call for the restoration of MKO’s political agenda to emancipate the downtrodden and long-suffering Nigerian masses as the true objective of real democracy and true measure of national Independence.

 

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