Connect with us

News

Atiku Faults Tinubu’s Fuel Price Comparison with Kenya, Says Nigerians Worse Off Despite

Published

on

 

By Yusuf Danjuma Yunusa

Former Vice President Atiku Abubakar has criticized President Bola Tinubu for comparing Nigeria’s petrol prices with those of other African nations, arguing that such a comparison ignores the severe economic hardship facing Nigerians.

In a statement issued on Saturday by his Senior Special Assistant on Public Communication, Phrank Shaibu, the former vice president described the President’s remarks as misplaced and disconnected from the economic realities on the ground.

President Tinubu had, during a visit to Bayelsa State on Friday, noted that petrol prices in Nigeria remain lower than in countries like Kenya. While acknowledging the pain caused by rising costs, he urged Nigerians to be grateful for the relatively lower pump prices and promised relief measures.

Reacting sharply, Atiku said the President’s selective use of fuel prices as a metric of economic well-being overlooks more critical indicators such as purchasing power, income levels, and the overall cost of living.

Advert

“It is both curious and troubling that the President would isolate fuel prices as a metric of economic comfort while ignoring the far more critical indicators of purchasing power, income levels, and cost of living,” Atiku said.

“This selective reasoning betrays either a fundamental misunderstanding of economic realities or a deliberate attempt to deflect from policy failures.”

He acknowledged that Nigeria’s petrol prices may appear lower than those in Kenya or South Africa, but argued that such comparisons collapse when placed against the broader economic context. “Nigeria today is more expensive to live in than Kenya, with the average cost of living significantly higher, despite lower fuel prices,” he added.

Atiku also highlighted the widening gap in earnings between the two countries. “Kenya’s GDP per capita is nearly double that of Nigeria, and a minimum wage earner in Nairobi takes home the equivalent of about ₦170,000—more than twice Nigeria’s ₦70,000,” he said.

“In effect, while a Kenyan earns more and pays more, a Nigerian earns far less and is forced to survive under crushing economic pressure. This is the reality the President chose to ignore.”

The former vice president further criticized Nigeria’s wage structure for failing to reflect regional economic disparities, warning that the current economic environment has severely eroded living standards.

“The implication is clear: affordability is not defined by price alone, but by the relationship between income and expenditure. On this measure, Nigerians have never had it worse,” Atiku stated.

He cautioned that a government which relies on selective comparisons while its citizens grapple with rising poverty, inflation, and declining living standards risks appearing not only out of touch but indifferent.

“It is, therefore, deeply disappointing that at a time when citizens expect empathy, clarity, and decisive leadership, the President has chosen the path of statistical convenience,” he concluded.

News

FG Approves National Aircraft Leasing Company

Published

on

By Yusuf Danjuma Yunusa

The Federal Government has approved the establishment of a National Aircraft Leasing Company aircraft leasing company to support domestic airlines with access to modern fleets.

The Minister of Aviation and Aerospace Development, Festus Keyamo, announced the decision following a meeting of the Federal Executive Council, describing the initiative as a major shift in how Nigerian carriers will acquire and finance aircraft.

In a statement issued on Friday, Keyamo said the company would operate as a private-sector-driven Special Purpose Vehicle with government backing.

Keyamo said, “This initiative is a game-changer for our aviation industry. It eliminates the long-standing challenges Nigerian airlines face in accessing aircraft on competitive terms and positions the country as a hub for aviation financing in Africa.”

Advert

According to him, the platform will enable airlines to source aircraft through a centralised system rather than negotiating individually with international lessors.

Keyamo added that the government would provide support through sovereign guarantees while allowing private investors to drive the project.

According to the statement, the initiative is also expected to extend beyond Nigeria, offering leasing opportunities to operators across West Africa and the wider continent.

He added, “Through the Ministry of Finance Incorporated, the government will hold equity and earn revenue without direct financial investment. Our primary obligation is to provide the confidence investors need, especially in ensuring asset security.”

He noted that the model had already attracted interest from both local and international investors.

The minister said the initiative is expected to strengthen the aviation sector, improve airline capacity and position Nigeria as a hub for aircraft leasing in the region.

Continue Reading

News

Kano Approves ₦61.6bn Development Package to Boost Education, Healthcare, Infrastructure

Published

on

 

The Kano State Executive Council has approved a total of ₦61.63 billion for a broad range of development projects spanning education, healthcare, infrastructure, agriculture, and urban renewal.

The approvals were granted during the Council’s 39th meeting held at the Government House in Kano.
Briefing journalists after the meeting, the Commissioner for Information and Internal Affairs, Ibrahim Abdullahi Waiya, said the decisions reflect the administration’s strong commitment to improving public services and accelerating socio-economic development across the state.

According to him, the approvals followed extensive deliberations on key governance priorities, with a clear focus on enhancing living standards and expanding access to essential services.

Education Sector Gets Major Boost
A significant share of the funds was allocated to the education sector. This includes over ₦4.45 billion for the payment of external examination fees for students sitting for NECO, NABTEB, and NBAIS in 2026.

The Council also approved ₦2 billion for the procurement of school furniture across 30 local government areas, alongside several projects involving classroom construction, renovation, and upgrades in schools located in Makoda, Tarauni, Ajingi, and Minjibir LGAs.
Waiya added that funds were equally approved to settle outstanding liabilities for examination fees between 2020 and 2023, as well as feeding costs in boarding schools.

Strengthening Healthcare Services
In the health sector, the Council approved key interventions, including the renovation of Wudil General Hospital and the procurement of medical equipment for major hospitals.

Advert

Other approvals cover routine immunisation programmes, polio outbreak response across all 44 LGAs, and funding for free maternal, neonatal, and child healthcare services in 484 primary healthcare centres.

Major Infrastructure Investments
On infrastructure, over ₦5.2 billion was approved for the construction of a major road linking Panshekara Underpass to Madobi Bridge, as well as road reconstruction projects in Gwale LGA.
Additional approvals include the renovation of government offices, upgrades at the NYSC orientation camp in Kusalla, and construction works at other key public facilities.

Agriculture, Water, and Environment
To boost agricultural productivity, the Council approved nearly ₦3.5 billion for the procurement of over 41,000 bags of fertiliser, alongside investments in irrigation and institutional infrastructure.
In the water sector, ₦3.48 billion was approved for the rehabilitation of the Tamburawa Water Treatment Plant, in addition to funding for boreholes and utility services.
Environmental initiatives such as urban beautification, solar-powered boreholes, and drainage improvements also received funding.
Urban Development and Digital Mapping
The Council also earmarked substantial funds for urban development, including compensation for land acquisition, road projects, and the establishment of Gaya Polytechnic.
It further approved multi-billion naira projects for street naming, mapping, and house numbering under Phase II of the state’s urban planning programme.
Other Strategic Interventions
Additional approvals include funding for special intervention projects across 15 LGAs, settlement of staff entitlements at Aliko Dangote University, and procurement of ICT equipment to enhance government communication.
The Council also endorsed programmes aimed at economic empowerment, including support for butchers and logistics for Hajj operations.
Government Reaffirms Commitment
Waiya assured residents that all projects would be executed in line with due process and accountability.
He reiterated that the administration remains focused on delivering tangible dividends of democracy to the people of Kano State.

“The approvals underscore government’s unwavering commitment to improving infrastructure, education, healthcare, and overall socio-economic development of Kano State,” he said.
He added that the Council also acknowledged recent recognitions and awards received by the governor, noting that they reflect the impact of ongoing reforms and leadership direction.

Continue Reading

News

Workers Day: Akpabio Promises Workers Living Wage

Published

on

 

By Yusuf Danjuma Yunusa

The President of the Senate, Senator Godswill Akpabio, on Friday assured Nigerian workers that the National Assembly is aware of their economic challenges and remains committed to improving their welfare through legislative measures.

The former Akwa Ibom State governor gave the assurance in a congratulatory message to mark the 2026 International Workers’ Day, issued in Abuja by his Special Adviser on Media and Publicity, Eseme Eyiboh.

Akpabio acknowledged the difficulties faced by workers and pledged the Senate’s continued intervention through legislation aimed at improving living conditions and workplace standards.

He said, “The 10th National Assembly recognises the challenges workers face, from rising costs of living to workplace demands.

Advert

“I assure you that the Senate remains unwavering in its commitment to legislating for a living wage, safer workplaces, pension reforms, and policies that expand job creation and protect the dignity of labour.

“The passage of the new National Minimum Wage Act and the implementation of workers’ welfare packages are testaments to this commitment.”

His message comes against the backdrop of mounting economic pressures on Nigerian workers, including rising inflation, the high cost of living, and concerns over wage sustainability, which have continued to dominate national discourse.

The Senate President also called on employers across sectors to prioritise workers’ welfare, stressing the link between productivity and improved working conditions.

“Today, we celebrate you—the teachers who mould our future, the farmers who feed our nation, the doctors and nurses who heal our land, the artisans, traders, civil servants, security personnel, and private sector employees whose daily toil builds Nigeria.

“You are the true heroes of our democracy and the engine of our economy.

“To organised labour, I commend your constructive engagements and patriotism. The Senate will continue to partner with the NLC, TUC and all affiliates to ensure that the voice of the Nigerian worker is heard and respected in the chambers of policy and law,” he stated.

Continue Reading

Trending