Connect with us

News

Fuel Subsidy Should Have Been Removed Gradually, Not Abruptly -Obi

Published

on

By Onyeanya Ebere

 

The Labour Party presidential candidate in the 2023 general election, Peter Obi, has said he would have removed fuel subsidy and floated the naira if elected president but would have done so gradually and in a well-planned manner.

Speaking during an interview with Arise Television on Monday, the former Anambra State governor expressed support for the policies of subsidy removal and currency floatation but criticised the implementation by the current administration, describing it as poorly executed.

“I have consistently maintained that I would have removed the fuel subsidy. If you go to my manifesto, it is there, along with the steps I would have taken in an organised manner.

“There is nothing wrong with the removal of fuel subsidy. What is wrong is the haphazard way in which it was announced and implemented,” he said.

Obi described the subsidy regime as fraught with “criminality and corruption” and emphasised the need to end it.

However, he raised concerns about how the current government has utilised the savings from the removal.

“Since we were told that we removed it because we do not want to borrow, and that the funds would allow for investments in critical infrastructure. Billions saved. Where is it? Where has it been invested in critical areas of development?” he asked.

“Everybody knows the critical areas of development: education, health, and pulling people out of poverty. Have any of these three improved? No.”

On the naira, Obi said he supports floating the currency but stressed the need for adequate preparation, especially in boosting domestic productivity.

“There is nothing wrong with floating and devaluing your currency. You do this when you have productivity,” he said, adding that his administration would have prioritised strengthening the agriculture and manufacturing sectors before floating the currency.

“In all of this, I would have done the same thing in an organised manner,” he concluded.

President Bola Tinubu had announced the removal of petrol subsidy during his inauguration on May 29, 2023, a move that led to a sharp increase in fuel prices from N190 to N500 per litre and has since climbed to over N850.

Abuja Reports

Zuba: Commuters, Residents Protest Lack of U Turn, Halt Construction Work

Published

on

By Samson Adeyanju

Frustrated commuters and residents on Today staged a protest over the absence of a nearby U turn on the newly constructed road in Zuba, Abuja, describing the situation as a source of severe hardship for drivers and pedestrians.

The protesters, comprising young and old, carried placards and blocked sections of the road, demanding immediate government intervention to address what they described as unnecessary suffering caused by the road design.

According to the protesters, motorists are forced to drive long distances before finding a point to turn to the opposite lane, while pedestrians struggle to cross the busy road because the designated pedestrian crossing is located far from the area near the popular fruit market.

They said the situation has created heavy congestion involving vehicles, commercial motorcycles, drivers, traders, motor parks and nearby filling stations.

While the demonstrators acknowledged the efforts of the government in constructing the new road, they insisted that the absence of a nearby U turn has placed commuters under serious pressure.

Some protesters temporarily halted construction activities, confronting workers on site and demanding that authorities urgently create a turning point to ease movement.

One of the protesters said the demonstration was meant to draw the attention of the government to the daily challenges faced by residents.

However, not all residents supported the protest. Some argued that introducing a U turn in the area could increase the risk of accidents due to the heavy traffic around the market.

As of the time of filing this report, tensions remained high as road workers attempted to resume barricading work on the road, while protesters continued to voice their grievances.

Observers warned that the situation could escalate if authorities fail to address the concerns or deploy security personnel to maintain order.

Continue Reading

Abuja Reports

FCT Varsity to Begin Operations Soon, Wike Assures

Published

on

By Patrick Idowu

The Minister of the Federal Capital Territory, Nyesom Wike, has assured residents that the FCT University of Science and Technology, Abaji (FUSTA), will begin operations under the administration of Bola Ahmed Tinubu.

Wike gave the assurance in Abaji during a visit to appreciate residents for supporting the President’s candidates in the February 21 FCT Area Council elections.

He said the FCT Administration has already commenced the development of infrastructure and other critical facilities required for the university’s take-off.

The minister urged residents to remain patient, emphasizing that President Tinubu is committed to ensuring the university becomes a reality during his tenure.

“From our conversations, we see how important this university is not only to the people of Abaji but to all residents of the FCT. It will create jobs and open up the Abaji community to further development. I will be proud to be the one to officially open the university for operations,” he said.

Wike explained that his visit was primarily to thank residents for fulfilling their promise to support the President, stressing the importance of reciprocating goodwill.

Describing politics as a “game of give and take,” the minister added that the era of empty promises is over.

Continue Reading

Abuja Reports

ASP Justina Amah Emerges Star Performer, Wins Gold, Silver, Bronze

Published

on

By Samson Adeyanju

ASP Justina Amah of the Nigeria Police Force has emerged as the star performer at the February 2026 Delta Police Games, clinching a gold medal, a silver, and a bronze, further cementing her reputation as one of the Force’s top athletes.

Hailing from Ozalla in Igboetiti LGA, Enugu State, ASP Amah has consistently elevated the Nigeria Police Force through her sporting prowess.

Over the years, she has amassed an impressive collection of medals, including 8 gold in Karate, 4 gold in other sports, 8 silver, and 8 bronze, showcasing her versatility and dedication.

Beyond her achievements on the field, ASP Justina is widely recognized for her discipline and professionalism.

In 2023, she was honoured as the Ica & Sons Books Most Disciplined Police Woman in Camp, reflecting her exemplary conduct both on duty and in her community.

Observers and colleagues have called for her to receive special recognition and promotion, noting that her accomplishments not only bring glory to the Police Force but also serve as an inspiration to aspiring athletes and officers nationwide.

ASP Justina Amah’s journey highlights the power of talent, commitment, and perseverance in achieving excellence.

Continue Reading

Trending

romabetanal escort sirinevlerkralbetmavibetbayrampaşaistanbul türbanlı escortcasibomholiganbetjojobetjojobet girişradissonbetiptv satın algrandpasha otelgrandpasha otelBahislionblackxbetBahislionselçuksportsgrandpasha otelmarsbahisHoliganbetmaxwincasibomradyoenerji.com.tr1xbetholiganbetsonbahiscratosroyalbet girişpashagaming güncel girişcasinolevant girişgameofbet girişmaxwin girişbetgit girişcasinolevant girişdumplingnoodle.comcratosroyalbetcratosroyalbetbetwoonspincomatbet güncel girişmatbetmarsbahis girişroyalbet girişvaycasinomarsbahis girişjojobetjojobet girişmeritkingzirvebet1winmatbetjojobetjojobetcanlı casino siteleriHoliganbetHoliganbetHoliganbetHoliganbetHoliganbetjojobetjojobetbahis siteleribakırköy escortjojobetip bootermegabahisdeneme bonususonbahis girişKingroyaltürk ifşasisli escortjojobetjojobetjojobet girişgrandpashabetcratosroyalbetgrandpashabettimebettimebet girişjojobetcasibommeritbetbetebetbetsincratosroyalbet girişbetnisKingroyal girişkatlaGrandpashabetBahibom girişGrandpashabet resmigrandpashabet girişmatbet girişimajbetmarsbahisroyalbetmarsbahis giriştrendbettrendbetgirnecasinobetvoledinamobetbetgitsekabet giriş yeniextrabetjojobetjojobet girişkargabetbetgitkulisbetkulisbetradissonbetcratosroyalbet girişcasibomjojobetmarsbahiscasibomHoliganbetcasinolevantpashagamingpashagamingcasinolevantpashagamingteosbetmatbetcasinolevantbetplaygrandpashabetpalacebetcratosroyalbetpashagamingkulisbetjojobetgrandpashabetgrandpashabetmavibetjojobet girişromabetjojobetmeritkingcratosroyalbetcasinolevant1winjojobetgameofbetpashagamingcasinolevantpalacebetdeneme bonusu veren sitelerdeneme bonusu veren sitelerdeneme bonusu veren sitelerdeneme bonusu veren sitelerdeneme bonusu veren sitelergrandpashabet girişenbetmavibetbetciotestjojobetjojobet girişGalabetGalabet girişSekabetGrandpashaYazı Tahtasımaxwingameofbetteosbetcasinolevant1winromabetgrandpashabetroyalbetpashagamingjojobet girişjojobetjojobetjojobet girişjojobetvaycasinojojobetjojobet girişjojobet güncel girişJOJOBETjojobetcasibomJojobet Giriş 2026casibomjojobetjojobet girişjojobetjojobet giriş