NEWS
2024 Budget Expected To Elevate Lives – Idris-Malagi
Mohammed Idris-Malagi, the Minister of Information and National Orientation, shared his positive expectations, foreseeing the N27.5 trillion 2024 budget’s passage by the National Assembly as a pivotal moment for transformative change in the country.
He disclosed this while inaugurating the Kaduna State chapter of the Nigerian Institute of Public Relations 2023 Annual Public Lecture/AGM/Awards & Election on Saturday.
The minister highlighted that the budget marked a significant stride in advancing Tinubu’s Renewed Hope Agenda.
Emphasizing its alignment with development priorities, he also underscored the budget’s reflection of a strong dedication to fiscal responsibility.
He emphasized that Tinubu’s administration places high value on astute financial administration as the bedrock for sustained economic stability.
Highlighting this, he stated, “Just this week, he presented the 2024 Appropriation Bill of N27.5 trillion to the National Assembly, the first full-year budget of his administration.
“The budget as presented signifies a pivotal step towards the realisation of his Renewed Hope Agenda, by aligning fiscal strategies and priorities with broader national development objectives.
“As the 2024 Appropriation Bill moves through the legislative process, we are very optimistic that its passage will mark the beginning of a transformative era, bringing tangible improvements to the lives of Nigerians.
“Before this week’s budget presentation, President Tinubu had assented to an equally important supplementary budget, signed some landmark Bills and Executive Orders into law, and inaugurated special presidential initiatives on fiscal policy reform, Compressed Natural Gas, Food Security, MSME support, and other critical areas of the economy.
“The goal has been to deliver relief to the Nigerian people, and lay the groundwork for true and lasting prosperity.”
Idris-Malagi continued, “At this juncture, let me remind us that one of the pillars of President Bola Ahmed Tinubu’s eight-point agenda is “Inclusivity,” which means inclusive policies and programmes for all segments of the population, especially youth and women.
“You can see manifestations of this even in the array of appointments made by the President so far, and the prominence given to young people and women. This is not to say we have done enough, and can therefore rest on our oars. No!”
“We can still do better, and I can assure you that President Tinubu will continue to push the envelope in this regard,” he noted.
Apart from appointments and representation, the Tinubu administration has been actively implementing policies aimed at fostering an environment conducive for Nigerians to flourish across diverse demographic groups.
The Minister additionally affirmed his preparedness to aid in the advancement of the NIPR, of which he is a member, supporting its developmental initiatives.
He said, “Let me address a most germane issue that I am very familiar with, which has to do with the need for a permanent secretariat for the Kaduna Chapter of the NIPR. I am committed to supporting the effort to ensure that this is realised in a timely fashion.
“As the Minister of Information and National Orientation, I reaffirm the commitment of my Ministry, and the entire administration to fostering robust and transparent public communication, that empowers citizens with accurate, timely and useful information. In this mission, the NIPR is a much-valued partner, and I expect you to continue to live up to this responsibility.” he added.
NEWS
JUST IN: Justice Adeyeye, Ekiti State’s CJ Passes On
The Chief Judge of Ekiti State, Hon Justice Oyewole Adeyeye has passed on.
The news of his passing was leaked by a reliable source under the condition of anonymity.
The sad incident, according to the source, happened in Ado Ekiti in the early hours of Tuesday.
His death is being traced to a sickness which came upon him following the injury he sustained when a section of the Ekiti State High Court Complex, Ado Ekiti wall collapsed in July 12, 2023.
ALSO READ: #EndBadGovernance Protests: Tinubu Orders Release Of Detained Minors
The late Justice Adeyeye was at the office when the building collapse happened and sustained injuries.
While the state and his family were yet to issue statements on his demise, the Ekiti State Chapter of the Association of International Female Lawyers (FIDA) has sent condolences to the family.
The condolences message read: “With deep sorrow in our hearts and in total submission to the will of God, FIDA Ekiti consoles with the family of the Chief Judge of Ekiti State, Hon Justice Oyewole Adeyeye on his call to glory.
“May He find rest with his maker.
“I pray that God grants the family, the Judiciary and the people of Ekiti State, the grace to bear this irreparable loss.
Adieu great one.”
Justice Adeyeye was born 1960 in Araromi Ugbesi in Ekiti East Local Government of Ekiti State and was called to bar in 1986.
He started his career as a State Counsel in the civil service of the then Ondo State before joining the Ekiti State Judiciary Service Commission shortly after the state was created in 1996.
He was promoted to the position of a judge in the state’s high court in 2002 and has served at different occasions in the election petition tribunal.
NEWS
BREAKING: Court Drops Charges Against 76 #EndBadGovernance Protesters
A Federal High Court in Abuja has dismissed all charges against 76 individuals accused of participating in the nationwide #EndBadGovernance protests.
The ruling came after the Attorney General of the Federation (AGF), Lateef Fagbemi, moved to discontinue the case under orders from President Bola Tinubu.
READ MORE: N1.3trn Fraud: EFCC Arrests Ex-Delta Gov, Ifeanyi Okowa
Justice Obiora Egwuatu, presiding over the matter, struck out the charges after hearing a motion from the AGF’s representative, Director of Public Prosecution of the Federation (DPPF) Mohammed Abubakar.
Citing Section 174 of the 1999 Constitution, the AGF formally took over the case from the Inspector General of Police, then requested to drop all charges against the defendants, many of whom are minors.
The judge granted the AGF’s application without objection from defense counsel, ordering the immediate release of the accused, who were not present in court.
This decision follows a directive issued on Monday by President Tinubu, instructing the AGF to withdraw charges against the protesters.
More to follow……….
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.
Kenneth Butler
December 2, 2023 at 11:38 pm
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