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Subsidy Is An Organised Crime – Peter Obi

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Labour party presidential candidate, Peter Obi has reiterated his longstanding support for the removal of fuel subsidies in a statement made outside the Court of Appeal today.

 

Responding to questions from journalists, Obi emphasized his belief that subsidy removal was necessary to combat organized crime and address the misappropriation of national resources.

 

He disclosed this in a series of tweet via his Twitter handle on Tuesday.

 

According to Obi, he stated that he was attending an ongoing petition case and found himself surrounded by judicial correspondents demanding his comments on the subsidy removal issue.

 

Despite his initial reluctance to discuss matters before the court, the reporters insisted on his viewpoint regarding the government’s claims of his support for subsidy removal.

 

He said “As I attended my ongoing petition case at the Court of Appeal today, Tuesday, June 6, 2023, judicial correspondents ambushed me at the entrance of the court and demanded that I should talk to them.

 

“When I told them I don’t speak on the matter before the court, they insisted that I should comment on the subsidy removal, which the government representatives were touting that I am in support of.

 

“Reacting, I told them that I’ve actually been in support of the removal of subsidies right from the President Goodluck Jonathan era, when I was a member of the Economic Management team.

 

“If you have followed me very well right from the time I was a member of Jonathan’s economic management team, I consistently maintained that subsidy should be removed because I see it as organized crime.

 

Obi further compared the subsidy removal to a dentist removing a painful tooth explaining that the dentist would numb the area around the tooth with a local anesthetic, ensuring a relatively painless process.

 

He stated “People were just stealing the resources of the country and I showed it empirically in my statistical analysis that we were not consuming the amount of fuel they claimed we consumed.

 

“I also gave them the “tooth pain” removal analogy that if you approach a dentist to remove a painful tooth, he will apply a local anesthetic to numb the area around the tooth so you do not feel pain.

 

“It’s not the same thing as pulling the tooth forcefully, the pain you feel will be different. For me, I will go with the approach of the dentist, while supporting the removal of the tooth because I wouldn’t want to go through the pain of a forceful removal.

 

He further reminded the public of the relieving policies, such as Sure-P, implemented during Jonathan’s government when they attempted to remove subsidies.

 

He emphasized that his manifesto had clear plans for subsidy removal, which involved governing with the people and demonstrating through statistical and empirical evidence the benefits of utilizing the savings to alleviate the suffering of the masses.

 

He said “Recall that even when Jonathan’s government wanted to remove it they came up with various relieving policies like Sure-P and others. If you read my manifesto you will see clearly how I planned to remove subsidies.

 

“I will govern with the people and show them statistically and empirically what we are going to save, and what we are going to do using the savings to better the suffering masses. The problem in Nigeria is that often government tell the masses to suffer and sacrifice, for a better future; but in future things gets worse. -PO.” He added

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JUST IN: FG Announces Launch Date For Student Loan Applications

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The Federal Government of Nigeria (FGN) has announced that the portal for student loan applications will officially open on May 24, 2024.

This development is part of the Nigerian Education Loan Fund’s efforts to enhance access to higher education, as stated by the Fund’s media lead, Nasir Ayantogo, on Thursday night.

According to Ayantogo, the launch of the application portal is a significant step in President Bola Tinubu’s commitment to providing accessible and inclusive education for Nigerian students.

This initiative follows the signing of the Access to Higher Education Act, 2023, by President Tinubu on June 12, 2023 which aims to provide interest-free loans to financially disadvantaged students pursuing higher education in Nigeria.

Dele Alake, a member of the former Presidential Strategy Team, noted that this move fulfills one of President Tinubu’s key campaign promises to liberalize funding for education.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to handle all loan requests, grants, disbursements, and recoveries.

Initially, the government announced that the scheme would launch in September, but it faced several delays, resulting in an indefinite postponement in early March.

The Presidency attributed the delay to President Tinubu’s directive to expand the scheme to include loans for vocational skills.

Following a briefing from the NELFUND team led by the Minister of State for Education, Dr. Yusuf Sununu, on January 22, President Tinubu instructed the Fund to extend interest-free loans to Nigerian students interested in skill-development programs.

President Tinubu stressed the importance of including those who may not seek university education, noting that skill acquisition is equally as important as earning academic degrees.

He had said, “This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.

“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,”

Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.

According to the statement, the portal features a user-friendly interface, allowing students to conveniently submit their loan applications.

The statement added, “We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation. Students can access the portal on www.nelf.gov.ng to begin application.”

 

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JUST IN: Tinubu Welcomes Senegal’s Youngest President At Villa

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President Bola Tinubu received Senegal’s newly elected President, Bassirou Faye, at the Aso Rock Villa in Abuja on Thursday.

Faye, who arrived at 3:09 p.m., is making his first official visit to Nigeria since taking office last month.

At 44, he is the youngest president in Senegalese history, having secured a decisive victory in April’s delayed presidential election with over 54% of the vote.

 

 

 

More to follow…….. 

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11 Confirmed Dead In Kano Mosque Attack

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In the devastating arson that occurred on Wednesday during an early morning prayer in Gaza village near Gezawa in Kano State, eleven people have been confirmed dead.

The perpetrator, 38-year-old Shafiu Abubakar, set fire to a mosque amidst an inheritance dispute, trapping around 40 worshippers inside.

Rabiu Gadan, a resident of the village, disclosed that 11 individuals have tragically succumbed to the burns they suffered.

Of these victims, eight have already been laid to rest, while preparations are underway for the burial of the remaining three, scheduled for Thursday.

Rabiu revealed that the attack was not the first instance of violence involving Shafiu. Previously, he had assaulted two of his older brothers and then voluntarily surrendered himself to the police, claiming responsibility for their deaths.

Another resident, Malam Garba, said, “He has always been troubled, but when he challenged his family to give him his portion of the inheritance, they did.

“He was even taken to a mental institution once when he attacked his relatives but he was given a clean bill of health. So, he was clearly in his right mind when he set the fire, two of his uncles died and we buried them yesterday already.”

According to BIZTELLERS reports, the assailant is currently in police custody, where he has confessed to his actions.

He cited frustration with the way some of the victims handled the inheritance sharing as his motive. Despite warning his family members to stop maltreating him, he claimed his pleas were ignored.

He however expressed no regret for his actions.

Residents confirmed the existence of an inheritance dispute within the family, but the precise nature of the disagreement remained unclear.

At the Murtala Muhammad Specialist Hospital in Kano, where the injured were rushed for treatment, distraught relatives anxiously awaited news about the condition of their loved ones.

Maijida, one of the distressed relatives, shared her heartache, expressing fear over the condition of her father and brothers.

“My father and two brothers are severely injured and I was told some people have died already, what will I do if I lose them, I will be left all alone.” she lamented.

One of the residents that attempted to rescue the victims, Musa Muhammad Gadan said, “I was late going to the prayers, but as I was rushing to the mosque, I heard a blasting noise and then I heard people screaming so I rushed over, the flames had engulfed the building, I and some others tried to rescue them and that is how I sustained burns on my arms.

During a visit to the victims at Murtala Muhammad Specialist Hospital, Deputy Inspector General of Police AIG Umar Mamman Sanda, in charge of Zone 1 in Kano, confirmed the devastating loss of eight lives on Wednesday.

He was accompanied by a delegation of security personnel, including the Commissioner of Police in the state and the Director of the Department of State Services (DSS).

He said, “The suspect was said to be not satisfied with the distribution and was reacting to that. He is presently with us and is giving useful information. It is really unfortunate.”

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