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Breaking:FG Suspends Fuel Subsidy Removal

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The federal government has postponed the planned petrol subsidy removal till further notice due to “high inflation and economic hardship”.

Subsidy or under-recovery is the underpriced sales of premium motor spirit (PMS), better known as petrol.

The government had planned to stop subsidy payments on petroleum products from July this year.

Zainab Ahmed, minister of finance, budget, national planning, disclosed this on Monday in Abuja at a meeting with Senate President Ahmad Lawan.

The meeting had Timipre Sylva, minister of state for petroleum resources; representatives of oil companies, among others, in attendance.

Last week, Lawal had said Buhari did not direct the removal of petrol subsidy, saying their “constituents are raising concerns over the policy”.

The National Economic Council (NEC) said it is still considering the recommendations — which proposed full deregulation and N302 per litre for PMS.

Ahmed said petrol subsidy was provided for in the 2022 budget to run from January till June.

She, however, said that after consultations with stakeholders — in view of the high inflation and economic hardship — additional provisions would be made beyond the initial period.

According to her, it has become clear that the timing for the removal of petrol subsidy will be problematic as the country still experiences heightened inflation.

“Provision was made in the 2022 budget for subsidy payment from January till June. That suggested that from July, there would be no subsidy,” Ahmed said.

”The provision was made sequel to the passage of the Petroleum Industry Act, which indicated that all petroleum products would be deregulated.

“Sequel to the passage of the PIA, we went back to amend the fiscal framework to incorporate the subsidy removal.

“However, after the budget was passed, we had consultations with a number of stakeholders, and it became clear that the timing was problematic.

“We discovered that practically, there is still heightened inflation and that the removal of subsidy would further worsen the situation and impose more difficulties on the citizenry.

“Mr President (Muhammadu Buhari), does not want to do that. What we are now doing is to continue with the ongoing discussions and consultations in terms of putting in place a number of measures.

“One of these include the roll-out of the refining capacities of the existing refineries and the new ones, which would reduce the amount of products that would be imported into the country.

“We, therefore, need to return to the National Assembly to now amend the budget and make additional provision for subsidy from July 2022 to whatever period that we agreed was suitable for the commencement of the total removal.”

On his part, Lawan appealed to the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to shelve their planned industrial action over subsidy removal as it has become unnecessary.

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Rivers Crisis:Former Senate President Urges Tinubu To Call Wike To Order

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Senator Adolpos Wabara ,Former Senate President

Former Senate President and Chairman Board of Trustees, BOT, of the main opposition Peoples Democratic Party, PDP, Senator Adolphus Wabara, has told President Bola Ahmed Tinubu, to caution his appointee and Minister of the Federal Capital Territory, Mr Nyesom Wike to avoid plunging Rivers State into a “needless political crisis”.

This is coming on the heels of the move by pro- Wike lawmakers, to impeach Gov. Siminalayi Fubara.

This is coming on the heels of the move by pro- Wike lawmakers, to impeach Gov. Siminalayi Fubara.

Wabara also condemned the call by APC Chairman in Rivers, Tony Okocha, for the House of Assembly to immediately commence impeachment proceedings against the Fubara.

The former Senate President who accused Wike of stoking the face-off between Gov. Fubara and the lawmakers, warned that Nigeria might not survive any instability in Rivers State considering the state’s economic importance to the country

Senator Wabara appealed to President Tinubu to prevail on Wike to give peace a chance and allow his successor to discharge his constitutional roles without undue influence.

“I want to appeal to Mr President to call his appointee, Nyesom Wike to order so that his actions in Rivers do not confirm the suspicion that APC has an agenda to turn Nigeria into one party state. Wike should allow peace to reign in Rivers State.

” Mr President should appreciate the importance of Rivers as a major revenue base of the country, and should the trouble they are stoking erupt, Nigeria will definitely not escape the aftermath.”

The PDP BoT Chairman, further advised members of the Rivers House of Assembly not to yield themselves as agents of distabilization of the state “because history will not be kind to them.”

He reminded the gladiators to carefully weigh the grave implications of any attempt to forcefully remove a democratically-elected Governor or President from office.

The former Senate President who warned that the PDP would not tolerate any further intimidation or persecution of the Governor, urged “all those involved in the political brouhaha in Rivers to give peace a chance”.

On the mass exodus of PDP members in Abia State, Senator Wabara who said such scenario was not unexpected, however, urged the party faithful not to panic.

He said that the elders of the party had initiated moves to half further exit of members, describing the development as the after effect of the impunity of the last PDP-led administration in the state, and its utter disregard to internal democracy and party supremacy.

Wabara further noted that some chieftains who are leaving the party are doing so for self protection while some join the bandwagon without any deep thought of their action.

He urged PDP members in the state to remain resolute and support the on-going efforts to rebuild and reposition the party for a winning spree in 2027.

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Gombe Schools Are Safe- Prof. Maigari Assures

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Professor Aishatu Maigari Gombe state commissioner for education

 

In response to concerns about the safety of schools in Gombe State,the Commissioner of Education Professor Aishatu Maigari,has assured that schools in the state are safe.

Responding to questions from newsmen regarding school security, the Commissioner refuted rumors suggesting that schools were closed due to insecurity.

She clarified that the government decided to close schools earlier than scheduled due to various factors, including the Ramadan fast, Sallah, Easter breaks, and excessive heat.

Professor Maigari elaborated that the decision was made considering that out of the remaining two weeks, approximately ten days would be devoted to public holidays. Therefore, only four days were deducted from the academic calendar.

The Commissioner gave the public the assurance that the school calendar remained on track, because the government was implementing measures to enhance school security.

Professor Maigari therefore called on the community, stakeholders, parents, and guardians to collaborate with the government in ensuring the safety of schools.

Amidst these reassurances, Professor Maigari’s statements aim to alleviate concerns and reinforce confidence in the safety and continuity of education in Gombe State.

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Port Harcourt school smashes UTME as 50% of candidates score above 300

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Garba Usman Gero

Bishop Okoye Spiritan Secondary School has smashed the just concluded UTME as 35 students accounting for 50 percent of the entire candidates from the school, got above 300. While unveiling the result, the principal Rev. Fr Jude Ekemgba C. S. Sp, said he was filled with joy to announce the superlative performance of the students.

He attributed the success to the collective hard work of the students, staff and management. He praised the staff for their sacrifices and the students for opening their hearts to learn and to prepare adequately, which paved way for the huge success recorded. On his part the Vice principal/Dean of Studies Rev Fr Edoziem John Paul C.S.Sp described the result as a product of hardwork, strategic planning and the blessing of God.

He noted that though the school has always ranked among the best performing schools, the 2024 UTME result is a consolidation. The clergy also thanked the students and teachers for their collective role in producing the heart warming result. Also speaking the student who got the highest score of 366 Emmanuel Jeremiah returned all glory to God and thanked the school for the rigorous training that repositioned them to achieve the feat.

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