NEWS
2023: Peter Obi promises to boost electricity, implement Diaspora voting
The Labour Party flag-bearer for the 2023 presidential election, Mr Peter Obi, has pledged to increase electricity generation, address the brain drain, and implement Diaspora voting, among others if elected.
Obi made the pledge on Sunday at Columbia University, New York while having a conversation on economic and government policy with Columbia’s Africa Business Club, Black Law Students Association, and the Nigerian Diaspora in New York.
This event is part of his “Good Governance Series: The role of Nigeria’s Diaspora” in the U.S., having visited five states, viz North Carolina, Texas, Washington DC, Atlanta and California.
Read also>>>2023: Group Supports Obi’s Presidential Bid With Free Medical Outreach
Obi said that South Africa which produces 50,000 megawatts of electricity had recently declared a state of emergency in the power sector for those who can generate below 100 megawatts without a licence.
“But Nigeria generates 4,000 megawatts of electricity but did not declare emergency in the power sector,’’ he said.
He told the gathering that he knew what to do and asked them to give him the opportunity to turn his plans and vision for Nigeria into reality.
“I don’t have solutions to all problems and leaders don’t, but I will consult when I need to consult,’’ he said.
The Presidential candidate said he would turn brain drain into brains in Nigeria, urging Nigerians in Diaspora to be investors instead of doing social welfare for people to eat and do burials.
On Diaspora voting, Obi said 2023 would be the last time Nigerians in the Diaspora would not vote, noting that if other countries in Africa can do it, Nigeria can also do it.
Speaking on the economy, he said Nigeria was blessed with rich land resources but lacked good leaders to harness the resources.
“The Netherlands generated 120 billion dollars in agricultural export in 2021 and Nigeria has a land mass bigger than the Netherlands but most states in Nigeria don’t contribute to the national purse but only take,’’ he said.
He lamented the rate of corruption in Nigeria, saying, “Corruption kills entrepreneurship, professionalism, and hard work.
“So, we must fight corruption through the President, his wife, and ministers by being honest.
He gave the example of the “Universal Basic Education Board (UBEB) fund where the money belongs to the Local Government Authorities (LGAs) but Federal Government gives the funds to States and States gives it to the LGs’’, Obi said.
He wondered why the money could not be given to LGAs directly from Federal Government and that going through the States reduced what got to LGAs.
Obi said he pushed for the funds to be given directly to LGAs during his tenure as Governor.
The candidate also wondered why the Federal Government could not dialogue with ASUU to call off the strike while the government could dialogue with bandits.
On borrowing, he said there was nothing wrong about borrowing but frowned at borrowing for consumption.
“We consumed what we borrowed and so it didn’t add to our growth. We should borrow for production. America and China borrow.
“All the G7 countries borrow so nothing wrong in debt but we should use debt to keep our economy growing,’’ he said.
In addition, he said the 2023 election would not be about right, saying, don’t vote for me because I am from the southeast. If you go to the North, it is not safer than the South.
“It will not be about religion; Muslims don’t buy bread cheaper than Christians.
“2023 election will not be about my turn; it’s not anybody’s turn. It is not a chieftaincy title; it’s about the election. It will not be about connection,’’ he said.
According to him, when people say Peter Obi does not have structure, let me tell you, the structure they are talking about is the structure of criminality, the structure of corruption; that is the structure I want to dismantle.
“2023 election will be about a character we can trust, competence, capacity, commitment to do the right thing.’’
Earlier, Obi had met with some Nigerians in Germany, Italy, and Canada over his presidential ambition and plans to move Nigeria into a better country.
He also visited the Vatican City in Rome, where he attended the ceremony where a Nigerian, Bishop Peter Okpaleke of Ekwulobia Diocese, was elevated to a Cardinal in the Catholic Church
NEWS
Fuel Pricing: PETROAN Accuses Dangote Refinery Of Monopoly
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over alleged monopolistic practices by Dangote Refinery, following a public dispute about fuel pricing in the downstream petroleum sector.
Recall that the refinery, Africa’s largest, recently disclosed its petrol pricing at N990 per litre in trucks and N960 per litre into ships, a move it justifies as being in line with international rates.
READ MORE: Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes
PETROAN, however, sees this as an attempt to suppress competitors and dominate the Nigerian market.
The rift began when Dangote Refinery claimed that complaints from marketers regarding its pricing were fueled by intentions to import cheaper, potentially substandard products.
In response, PETROAN strongly rejected these allegations, suggesting that Dangote’s claims are tactics designed to maintain a monopoly in the sector.
Joseph Obele, PETROAN’s spokesperson, stated that the association remains committed to importing high-quality products at more competitive rates to ensure affordability for Nigerian consumers.
According to PETROAN, competition in the market is essential for achieving fair pricing, and any attempt to stifle it would be detrimental to consumers.
They argue that Dangote Refinery’s pricing should reflect production costs and fair margins rather than international benchmarks, especially given concessions granted by the government for the refinery’s establishment.
PETROAN also announced its plans to partner with foreign refineries and financial backers to import premium-quality petroleum products at prices below current rates.
The association aims to enter the market by December 2024, pending necessary regulatory approvals.
“The allegations that PETROAN will import substandard products are unfounded and aimed at creating an unfair playing field,” the statement read.
PETROAN warned that similar claims in the past had led to significant price hikes when competitors were pushed out, emphasizing that the entry of new players into the market would lead to more competitive pricing and ultimately benefit Nigerian consumers.
PETROAN expressed appreciation for President Bola Tinubu’s commitment to revitalizing Nigeria’s state-owned refineries and urged the government to consider privatizing the Port Harcourt and Warri refineries once rehabilitation is complete.
The association believes a transparent privatization process will help strengthen Nigeria’s downstream sector and counter monopolistic tendencies.
To address the ongoing pricing challenges in the sector, PETROAN called on the government to convene a comprehensive meeting of industry stakeholders, including major associations like IPMAN, DAPPMAN, MEMAN, NUPENG, and PENGASSAN.
PETROAN believes that collaboration among these groups will be instrumental in establishing a sustainable and competitive pricing framework for petroleum products in Nigeria.
NEWS
Hardship: Let Us Intensify Prayers For Our Leaders – Sultan Of Sokoto Tells Nigerians
Sultan of Sokoto, Sa’ad Mohammad Abubakar II, has called on Nigerians to avoid publicly criticizing their leaders, instead urging citizens to place their trust in God to address leadership concerns as He deems fit.
Speaking at the Regional Conference on Climate Change-Induced Conflicts in Northern Nigeria, organized by the Kaduna State Bureau of Interfaith in collaboration with International Alert, the Sultan emphasized faith and patience in navigating the country’s challenges.
READ ALSO: Gunmen Attack Police Facility In Owerrinta, Female Detainee Killed
Acknowledging Nigeria’s current economic and social hardships, the Sultan encouraged continuous prayer, not only for the nation but for its leaders as well.
“Even though many feel times are particularly hard, we believe relief will come. Let’s increase our prayers for our leaders, trusting God to address them in His way,” he said, expressing hope that divine intervention could bring stability and prosperity.
The Sultan reminded political leaders of their ultimate accountability to God, cautioning that they will stand alone on the Day of Resurrection, with only their deeds to support them.
“On that day, every leader will stand alone. Governors, advisers—none will have support except their own deeds. Let us act with a deep sense of responsibility and fear of God,” he stated.
Addressing religious leaders, he warned against misleading their followers for personal gain, underscoring the trust many place in their religious guidance.
“Only God can save any human being,” he said, encouraging Nigerians to remain faithful and discerning in their spiritual beliefs. “Focus on worshiping Allah and leave the rest to Him. Don’t follow those who might lead you astray.”
With leaders from various religious communities, including the President of the Christian Association of Nigeria (CAN), in attendance, the Sultan called for unity, resilience, and communal effort to tackle pressing issues such as climate change, poverty, and insecurity in the northern region.
He praised the North’s history of unity and resilience, warning against divisive narratives that threaten communal harmony. “When we are united, we can face any challenge and build a prosperous community,” he asserted.
The Sultan’s remarks come amid ongoing social and environmental issues in the region, including a recent surge in climate-related challenges that have exacerbated poverty and security threats.
In light of these issues, he called on both Muslims and Christians to intensify their prayers, saying, “Our country faces many challenges, and we must turn to God in prayer. Let us intensify prayers in our mosques and churches.”
NEWS
#EndBadGovernance Protests: Tinubu Orders Release Of Detained Minors
In a decisive move, President Bola Tinubu has ordered the immediate release of all minors detained by police during the recent #EndBadGovernance protests.
The directive, announced by Minister of Information and National Orientation, Mohammed Idris on Monday, underscores the government’s commitment to protecting children’s rights and ensuring justice.
Related News: EndBadGovernance Protests: Court Sets N10m Bail Each For 67 Minors
Idris confirmed that President Tinubu’s directive prioritizes the welfare of detained minors, instructing the Ministry of Humanitarian Affairs to facilitate their safe reunification with their families.
A committee led by the Ministry of Humanitarian Affairs will be established to oversee the welfare of the released minors and ensure compliance with the president’s orders.
Additionally, President Tinubu has directed a formal investigation into the actions of law enforcement agencies involved in the arrests.
The president emphasized that any misconduct uncovered during the investigation will result in disciplinary action, affirming his administration’s dedication to accountability within law enforcement.