NEWS
FG makes u-turn on subsidy removal says it is not on its card at the moment – Lawan
Lawan urges labour to shelve planned protests as it’s no longer necessary
John Akubo
The Federal Government has soft-pedal on its initial plan to remove subsidy on petroleum products saying it is clear to even the blind and audible to the deaf that the situation of the country does not allow for that at the moment
Recall that while presenting the 2022 budget the Federal Government had infused in the budget provision for subsidy untill June 2022 when it wanted to remove the subsidy which was passed and assented to.
In seeking for a soft landing based on the outcry from Nigerians the minister of Petroleum Resources Timipre Sylva and his counterpart in the ministry of Finance Hajia Zainab Ahmad as well as the Group managing Director NNPC limited Mele Kyari met with the national assembly leadership to ammend the law to provide for an extension of subsidy provision beyond June 2022
The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said that the Federal Government had postponed the planned removal of subsidy on petroleum products till further notice.
The meeting was convened at the instance of the President of the Senate, Ahmad Lawan.
The Finance Minister said the Federal Government initially had the plans to remove subsidy on petroleum products from July this year.
She said that was the reason adequate provision was made in the 2022 national budget for subsidy payment till June.
She said, “Provision was made in the 2022 budget for subsidy payment from January till June. That suggested that from July, there would be no subsidy.
”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 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 22 to whatever period that we agreed was suitable for the commencement of the total removal’
The minister for state petroleum Resources Timipre Sulva said
“As far as I am concerned at this point it is a legislative duty.
“The law has been passed we are all aware but there is no law that is cast in stone. “It is clear to everyone that at this point in operationalizing the law is not possible within 6minths framework that has been provided for in the law and if that time frame provided for in the law is not feasible which has come to us as a result of operationalising the law then it is also a legislative responsibility now to see what can be done in extending that time frame for it to be in the purview of the law,
“Secondly the other legislative issue arising from it is the provision for the subsidy that is not there after June.
It is very clear to the blind and audible to the deaf that it is not feasible at this time to remove subsidy.
“I know that some nay sayers, or political pundits want to bring politics into it but it is not within the contemplation of this administration now to remove subsidy.”
The president of the Senate Ahmad Lawan said the meeting ordinarily shouldn’t have been opened for media coverage however he indicated that anything that will interest the public is worth coverage
The Senate President therefore urged the organised labour unions in the country to shelve their proposed nationwide protests as it was no longer necessary.
“There is need at one point to do away with subsidy but the President genuinely feel for Nigerians particularly the most vulnerable. Even though our economy is growing but we still have challenge getting better.
“Because of this feeling by the President and most of us in this administration believe that the issue of removal of subsidy should be handled with utmost care especially that sufficient planning needs to be done.
“Significant arrangement for absorbing the shock that will come with the removal should be done and the timing is such that the impacts and consequences will not add to hardships.
He said the sympathy for Nigerians is not about NLC.
“We are talking about every Nigerian. NLC is just an organised part of the system. Our concern is beyond NLC.
“I am taking this opportunity to speak to TUC and NLC to shelve this their plan to go on strike or demonstration. “It is totally unnecessary. There is not going to be removal of subsidy so let us not create unnecessary tension where there should be none.
“Please forget about the 27th of January deadline. We are supposed to come together and work assiduously to see that our country is stable that our people enjoy the benefits of Government programs and projects. “At the end of the day whatever decision we would be taking would be in the best interest of our people.”
NEWS
Panic at Oko Polytechnic as Three-Storey Students’ Hostel Collapses
A major tragedy struck the Oko community in Anambra State after a three-storey students’ hostel collapsed late Sunday night, leaving an unknown number of people feared dead and several others trapped beneath the wreckage.
The affected building, identified as Elite Five Star Lodge, is located near Tonimas Filling Station in the Amokpala area behind the Federal Polytechnic, Oko, in Orumba North Local Government Area.
The cause of the collapse has not yet been established, while emergency rescue efforts continued on Monday as authorities searched for more victims.
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Personnel from the Anambra State Police Command, the Anambra State Fire Service, the Anambra State Emergency Management Agency (SEMA), alongside volunteers and other security agencies, have been working tirelessly to remove debris and rescue occupants believed to be trapped.
Several victims have been rescued alive and transported to a hospital in Oko for treatment. Bodies recovered from the scene have been taken to a mortuary, although officials say the exact number of deaths and injuries is yet to be confirmed.
Confirming the incident, the spokesperson for the Anambra State Police Command, SP Tochukwu Ikenga, said police officers responded immediately after receiving a distress call regarding the collapse.
He explained that a joint security team quickly secured the area to prevent further danger while coordinating rescue operations with relevant emergency agencies.
According to the police spokesperson, rescue operations remain ongoing, making it impossible at this stage to determine the total number of casualties or those affected.
He also confirmed that rescued victims are receiving medical care at a hospital in Oko.
The police have appealed to members of the public to remain calm, avoid circulating unverified information, and keep away from the scene to allow rescue workers unrestricted access.
Authorities are expected to release more details as rescue operations continue and investigations into the cause of the building collapse commence.
NEWS
Tinubu Appoints Harvard-Trained Policy Expert as New Adviser on House of Reps Matters
President Bola Ahmed Tinubu has appointed Dr. Wasiu Olanrewaju-Smart as the new Special Adviser to the President on National Assembly Matters (House of Representatives), reinforcing his administration’s legislative engagement strategy.
The appointment, which takes immediate effect, follows the resignation of Hon. Ibrahim Olanrewaju, who stepped down from the position to pursue an elective office in his home state.
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The announcement was made in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
According to the Presidency, Dr. Olanrewaju-Smart brings a wealth of experience in public policy, governance and legislative affairs to the role.
President Tinubu expressed confidence that the new adviser would strengthen collaboration between the Presidency, Ministries, Departments and Agencies (MDAs), and the House of Representatives.
Olanrewaju-Smart holds a PhD in Educational Management from Lead City University and a Master’s degree in Public Administration from Harvard University.
He is also an Edward Mason Fellow in Public Policy at the Harvard Kennedy School.
The 40-year-old policy expert was also a LEAPS Fellow at the Massachusetts Institute of Technology (MIT).
In addition, he earned a Professional Diploma in Public Relations from the London School of Public Relations and served as a Policy Fellow at Quantum Alliance AI, USA, where he focused on artificial intelligence and civic technology.
His career in the National Assembly spans several strategic positions.
He served as Research and Media Assistant to the Minority and Majority Leaders of the House of Representatives during the 7th and 8th Assemblies before rising to become Special Adviser, Deputy Chief of Staff, and later Chief of Staff to the Speaker during the 9th and 10th Assemblies.
In October 2023, Olanrewaju-Smart joined the Presidency as Senior Special Assistant to the President on Intergovernmental Affairs, a position he held until his latest appointment.
His public policy portfolio includes contributions to several landmark legislations, including the Interest-Free Student Loan Act, among other reforms.
The Presidency stated that the appointment takes immediate effect, adding that President Tinubu is confident Olanrewaju-Smart will deploy his experience, intellect and commitment to strengthen legislative coordination and relations between the Presidency, MDAs and the House of Representatives.
NEWS
Bandits Kidnap Kebbi High Court Judge in Midnight Home Invasion
Suspected bandits have abducted a serving High Court judge, Justice Faruku Hassan Bunza, during a midnight attack on his residence in Bunza Local Government Area of Kebbi State.
The incident occurred in the early hours of Sunday along Zogirma Road, where the gunmen reportedly stormed the judge’s home shortly after he returned from Sokoto State.
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Sources familiar with the incident said the attackers fired several gunshots into the air to create panic before whisking the judge away.
No member of his household was injured during the operation.
Confirming the abduction, the spokesperson for the Kebbi State Police Command, SP Bashir Usman, said the judge was taken from his residence around midnight.
“I can confirm that Hon. Justice Faruku Hassan Bunza was abducted from his residence in Bunza around midnight,” the police spokesman said.
According to him, the Commissioner of Police, CP Umar Muhammad Hadejia, immediately ordered the deployment of tactical and intelligence teams to begin an intensive search for the abducted judge.
“As we speak, our personnel are combing identified locations, including forest areas, to ensure that the judge is rescued alive and unharmed,” Usman added.
A senior official of the Kebbi State High Court, who requested anonymity because he was not authorised to speak publicly, described the incident as a tragic development for the judiciary.
“Though I’m not authorized to speak formally to the press, this is a painful moment for us. To hear that one of our judges was abducted at his residence is very disturbing,” the official said.
The official also disclosed that the management of the Kebbi State High Court has already met with heads of security agencies in the state to coordinate efforts aimed at securing the judge’s immediate release.
The kidnapping has heightened concerns over the security situation in parts of northern Nigeria, where attacks by armed groups and kidnappings for ransom continue to pose significant challenges despite ongoing security operations.
Authorities have assured the public that efforts are ongoing to rescue Justice Bunza safely and bring those responsible for the abduction to justice.





