NEWS
Buhari, Osinbajo, State Govs Gets N651m Hardship Allowance
Amidst widespread hardship faced by many Nigerians, investigation has found that President Muhammadu Buhari, Vice President Yemi Osinbajo, state governors, and their deputies have received a total of N651.2 million in hardship allowance over the past eight years of the Buhari regime.
According to reports, this allowance, which is equal to 50% of the annual basic salary, is also enjoyed by judges in the country. The RMAFC document shows that the president is entitled to N1.76 million annually as a hardship allowance, while the Vice President is entitled to N1.52 million annually.
The hardship allowance of the 36 state governors and their deputies would have amounted to N319.68 million and N305.28 million, respectively, over the same period.
Labour unions have recently criticized the Buhari regime and state governors for inflicting hardship on workers and Nigerians at large.
The outgoing administration has been accused of causing job losses, insecurity, economic hardship, and other calamities. The high cost of living has made it difficult for workers to survive on the minimum wage, and a recent report by the National Bureau of Statistics stating that about 133 million Nigerians live in poverty has been described as a warning of a looming economic crisis.
The International Human Rights Commission has urged the government to empower people in rural communities to reduce rising poverty in Nigeria.
In response to the economic hardships faced by Nigerians, the Minister of Labour and Employment, Chris Ngige, stated that workers will not die but will adjust to the situation, and that such economic hardships are not unique to Nigeria alone.
Also, the Ambassador at Large and Head of Diplomatic Missions of IHRC in Nigeria, Dr Duru Hezekiah, warned that the poverty rate, if not urgently addressed, would be a recipe for disaster.
He said, “We are really in an economic crisis. And if it’s not checked, I tell you, the time is coming when will go into a fiasco, a time is coming when in fact, Nigeria will be declared a ‘hunger country’, and that is why we are still appealing to the government.”
NEWS
Tragic Tanker Explosion Claims Over 50 Lives In Niger State
A devastating petrol tanker explosion on Saturday claimed the lives of no fewer than 50 people along the Dikko-Maje Road in the Suleja Local Government Area of Niger State.
The tragic incident occurred when a tanker loaded with Premium Motor Spirit (PMS) overturned, spilling its contents on the road.
According to Kumar Tsukwam, the Federal Road Safety Commander, those who attempted to scoop the spilt fuel were engulfed in flames, along with others who tried to rescue them.
“More than 50 people lost their lives in the tragic incident,” Tsukwam told the News Agency of Nigeria. He added that personnel from the Federal Road Safety Corps (FRSC) and other emergency agencies were working tirelessly at the scene to rescue those trapped.
The Director General of the Niger State Emergency Management Agency (NSEMA), Abdullahi Baba-Arah, explained that the explosion occurred around 9 a.m. during an attempt to transfer fuel from the crashed tanker to another. The PMS reportedly came into contact with a generator used in the transfer process, sparking the fire.
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Baba-Arah noted that the explosion not only claimed lives but also left many injured and caused significant property damage. “Those injured have been moved to the hospital for treatment while efforts are being made to recover the corpses of the deceased,” he stated.
The state governor, Mohammed Umaru Bago, expressed deep sorrow over the incident, describing it as “worrisome, heartbreaking, and unfortunate.” His Chief Press Secretary, Bologi Ibrahim, said the governor had called for caution among road users and urged residents to prioritise their safety.
“The governor sympathises with the families of the victims of the explosion and prays that Allah will repose the souls of the departed and heal the injured,” Ibrahim said.
NSEMA, in collaboration with the National Emergency Management Agency (NEMA) and other local groups, is continuing search, rescue, and recovery efforts. Authorities have urged the public to remain calm and cooperate with emergency responders as they work to mitigate the effects of the disaster.
NEWS
Petrol Price Hits N1,150 Amid Dangote Refinery Hike
The pump price of Premium Motor Spirit (PMS), commonly known as petrol, has surged to between N1,050 and N1,150 per litre in various parts of Nigeria, following a price increase by the Dangote Petroleum Refinery and other depot operators.
Marketers have attributed the hike to the rising global cost of crude oil, which now exceeds $80 per barrel, and the effects of deregulation in the downstream petroleum sector.
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, highlighted the trend, stating, “Without exchange rate improvements, PMS prices will increase in the coming weeks.”
On Friday, Dangote Refinery revised its PMS price from N899.50 to N955 per litre at its loading gantry. Bulk buyers of five million litres and above were charged N950 per litre, while smaller volumes were priced higher.
In an official communication titled ‘Communication on PMS Price Review,’ the refinery noted, “Effective from 5:30 pm today (Friday), an upward adjustment has been implemented on the gantry price of Premium Motor Spirit. Please note that all stock balances yet to be lifted as of the above-stated time are to be repriced at the new reviewed prices.”
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Private depots also adjusted their prices, with Lagos depots now charging N970 per litre, while depots in Calabar increased their rates to N1,000 per litre.
Chinedu Ukadike, National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), projected retail prices exceeding N1,150 in remote areas. He noted, “This change is immediate because crude oil prices, too, are immediate. Deregulation in this sector means price will be controlled by forces of demand and supply.”
Similarly, the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) indicated that retail prices would reflect depot and logistical costs, with some stations selling at N1,000 per litre or more.
Olatide Jeremiah, CEO of petroleumprice.ng, reinforced the link between rising crude oil prices and local fuel costs, adding, “Dangote refinery’s influence on fuel price has become unmatched. Nigerians should expect an increase in the pump prices of petrol.”
As the sector grapples with these developments, stakeholders have called for strategies to stabilise prices and mitigate the economic impact on consumers.
International News
South Korean Court To Decide Fate Of Detained President Yoon Suk Yeol
A South Korean court will decide on Saturday whether to extend the detention of impeached President Yoon Suk Yeol, who was arrested earlier this week over an alleged attempt to impose martial law.
Yoon, detained in a pre-dawn raid on Wednesday, is accused of trying to suspend civilian rule on December 3, citing threats from “anti-state elements.”
His attempt to deploy soldiers to storm parliament failed, as lawmakers rejected the martial law declaration just six hours after his surprise announcement.
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The fallout was swift: Yoon became the first sitting South Korean president to face impeachment and arrest.
Investigators accuse him of insurrection, a charge that could result in life imprisonment or even execution if proven.
The Seoul Western District Court will review a request to extend Yoon’s detention by 20 days during a 2:00 p.m. (0500 GMT) hearing on Saturday.
If approved, the extension would allow prosecutors additional time to prepare a formal indictment.
Yoon’s lawyer, Yoon Kab-keun, said the embattled president plans to attend the hearing “with the intention of restoring his honour.”
The court has closed public access to its premises, citing safety concerns as Yoon’s supporters gathered outside.
Waving South Korean and American flags, they have called for the dismissal of the detention extension request.
The Corruption Investigation Office (CIO) is leading the probe into Yoon’s failed martial law bid. The president reportedly resisted arrest for weeks, staying holed up in his guarded residence until Wednesday’s raid.
In a statement following his detention, Yoon said he surrendered “to avoid bloodshed” but questioned the legality of the investigation.
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His legal team claims he has already provided his position and has refused to answer further questions.
Yoon’s impeachment is under separate review by the Constitutional Court, which could permanently remove him from office and trigger fresh elections within 60 days.
The president has missed the first two hearings, but the trial will proceed in his absence.
Meanwhile, the opposition Democratic Party, which holds a majority in parliament, has intensified its push against Yoon.
The party hailed his arrest as “the first step” toward restoring constitutional order. Late Friday, lawmakers passed a bill to launch a special counsel investigation into the failed martial law plan.
The crisis has left South Korea in political uncertainty. Despite winning the presidency in 2022, Yoon has faced mounting opposition, with his impeachment exposing sharp divisions in the country’s leadership.