NEWS
We are not afraid of China, we are battle ready – Taiwan
Taiwan has said that it will not allow any big bully to invade its country because it is a ‘full-fledged democracy’ and no more under any colonial master.
Dismissing fears of possible invasion by China, representative of the Taipei Trade Office in Nigeria, Andy Yih-Ping Liu, who spoke during a conference in Lagos, on the heels of feud that sparked off between the United States and China following recent visit of the U.S. House of Representative Speaker, Nancy Pelosi, to Taiwan, said they’re ready to fight back if provoked.
Describing the Chinese aggression towards the U.S. Speaker’s visit to Taiwan “as irrational, irresponsible and provocative,” Liu disclosed that Taiwan is fully ready for the Chinese invasion, which has been on for the past 50 years.
“Taiwan military build-up has been facing the threat of China for half a century. Taiwan has built one of the strongest missile defence systems in readiness for China. “Almost every day, we have Chinese military aircraft flying around Taiwan, making a kind of harassment, but they never dared to fly over our territorial waters because they know that Taiwan will shoot them down. We will shoot them down immediately they cross over. Not just the military jet-fighter but the missile, because we have built one of the strongest defence missile systems in the world”, Liu said, adding that, “Taiwan has a lot of military build-up prepared for China’s invasion. We have bought a lot of weapons, and are working together with major strategic partners.
“We already have the capability of shooting down any kind of ballistic missile that is an intruder.”Reacting to the feud that erupted as a result of Pelosi’s visit, the Taiwanese envoy said: “The Chinese are making a fool of themselves by being so bullying and being so aggressive around the area because they are not just doing this kind of military threat or any kind of bullying against Taiwan. “They are actually putting direct military pressure on Japan, and even on Korea/ South Korea and now America is taking this seriously. But we have prepared for Chinese invasion for half a century. We don’t fear that. We are well prepared.”
Liu, a retired military officer, while boasting of his nation’s readiness to fight China, made reference to the Biblical David and Goliath, saying: “When Goliath showed up, David had to pick up his weapon immediately. He did not have to rely on or invite anyone to help him. This is what Taiwan has been doing in the past 10 to 15 years.
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“Taiwan has built one of the largest U.S. jet-fighter, largest jet-fighter fleet in the world. We have built our military equipment like naval destroyer, submarine, among others. From air, land and sea and from the sub-marine forces, we are building that for our own protection.
“We have done everything within our power to protect ourselves. We do not have any natural resources. From education, military build-up, high technology industry development, and with good coordination with the rest of the world, we have to defend ourselves. We have our own democracy which we defend seriously.”
While many fear that after Russia’s attack on Ukraine, the next will be China’s attack on Taiwan, Liu said: “We are now building our own naval sub-marine. We have already built a lot of naval destroyers and frigates missile firing speed boats. We have the full capability of protecting ourselves because we know that after Russia invaded Ukraine, it taught the world a big lesson that we cannot rely on any of our friends because we cannot drag them into our war against any invader/ army. What NATO and the U.S. have done to help Ukraine demonstrates that Ukrainians are brave enough to pick up weapons and defend their own country”.
“During the first two weeks when Ukraine was invaded by Russia, many people around the world, including the media, thought that China was going to invade Taiwan.”The only thing is that we have been ready for 50 years. If they want to come, they can come and we will fight them off. After months of Russia invasion of Ukraine, the Chinese have not done anything yet, they just keep harassing us and making a fool of themselves. Russia and China are good friends, as well as allies, they demonstrate how the world can view them – as two big bullies, although they present themselves as big brothers.” They are two big bullies. We do not take them lightly. We take them seriously. Even the Ukrainian President said that the world has to be on the lookout after Ukraine, you have to pay attention to Taiwan. “We have prepared for all forms of invasion. That is why we do not rely on other countries to come and help us fight. We fight for ourselves, we are waiting until any kind of invasion comes to Taiwan. But whether the international society will help us, we will see how long that will persist and how sustainable it will be”, he stated.
NEWS
Nigeria Looks to Local Refining for More Value from Crude
Nigeria is gunning for more value through domestic refining, petrochemicals and associated industrial activities.
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, stated this on Monday through his Technical Adviser on Regulation, Umar Gwandu, who represented him at the third Nigeria Oil Refining Summit (NORS) put together by the Crude Oil Refiners Association of Nigeria (CORAN) in Lagos.
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According to him, Nigeria has, for decades, produced crude oil on a significant scale while remaining heavily dependent on imported petroleum products.
He said the strategic direction for Nigeria is “to progressively move from an economy that primarily exports crude to one that increasingly captures value through domestic refining, petrochemicals, and associated industrial activities”.
Lokpobiri said the Federal Government is strengthening the Domestic Supply Obligation to ensure domestic refineries have reliable access to crude, stressing that the policy is critical to the country’s energy security.
“The Domestic Supply Obligation should therefore not be viewed merely as an administrative allocation mechanism. It is an important instrument for advancing national energy security and strengthening the linkage between our upstream and downstream sectors,” he stated.
He said the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has developed a DCSO framework in consultation with the Nigerian National Petroleum Company Limited (NNPC Ltd), the Oil Producers Trade Section, the Independent Petroleum Producers Group, CORAN and other domestic refining interests.
“The Federal Government expects this framework to continue evolving from a regulatory obligation into a reliable, transparent, and commercially bankable crude supply system capable of supporting the sustainable operation of domestic refineries,” the minister said.
NEWS
Osun Inaugurates Special Taskforce on Environmental Sanitation
With a view to strengthening the enforcement of environmental laws so as to sustain a clean, healthy and habitable environment throughout the state, the Osun State Government has set up a Special Task Force on Environmental sanitation.
The Task Force, according to a government house statement issued on Monday in Osogbo, is to be chaired by the state Head Of Service, Samuel Ayanleye Aina and deputised by the Hon. Commissioner for Environment and Sanitation, Hon Mayowa Adejoorin.
The core mandate of the taskforce according to a statement issued by the state commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi, is to tackle environmental infractions throughout Osun state particularly indiscriminate waste disposals in drains and roadsides as well as other places that have the potential of constituting environmental nuisances.
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The state government particularly viewed with great concern and accordingly flayed the indiscriminate manner with which people litter many places including road medians with dirts and debris of different kinds, an act which it further noted could cause serious environmental hazards.
The State Government while putting in place the taskforce urged its members to ensure that all enforcement activities are diligently carried out in accordance with the law.
The government warned that offenders will be prosecuted if, henceforth, they are caught or found culpable in one way or the other in negating all the environmental laws of the state.
It also urged the Special Task Force on Environmental sanitation to remain committed to due process in the discharge of its core duties and mandates.
Other members of the Samuel Ayanleye Aina led Special Task Force on Environmental sanitation are the Hon. Commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi, Special Adviser to the Governor on Political Affairs, Alh.Muniru Raji, General Manager, Osun State Waste Management Agency(OWMA), Mr Oyewole Fatai Oladosu and Mr.K.K.Oyelami.
Other members of the taskforce are Osun Amotekun Corps Commander, Hon. Omoyele Isaac Adekunle, Hon. Commissioner for Women Affairs, Chief (Mrs) Ayobola Fadeyi Awolowo and Special Adviser to the Governor on Market Affairs, Mrs Eniola Omotoso.
The task force is to commence work with immediate effect.
NEWS
Petrol Price Will Drop To ₦400, ₦500 Under Atiku’s Plan — Dino Melaye
Senator Dino Melaye, a chieftain of the African Democratic Congress (ADC), has said petrol prices could fall to between ₦400 and ₦500 per litre if the party’s proposed fuel subsidy policy is implemented under an Atiku Abubakar-led government.
Melaye made the statement during an appearance on Democracy Today, an AIT programme, on Monday, while explaining the ADC’s economic agenda ahead of the 2027 general elections.
According to him, the proposed restoration of fuel subsidy is aimed at making Nigeria more affordable by reducing the cost of petroleum products and easing pressure on transportation and the prices of goods and services.
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Melaye said the high cost of petrol has affected several sectors of the economy, including transportation, movement of goods, aviation and other businesses.
“Everything is around this subsidy. Once transportation is affected, movement of goods and commodities is affected,” he said.
He added that aviation fuel was also contributing to increased costs within the aviation sector, describing petroleum products as an important link across different areas of the economy.
Defending the ADC’s position on subsidy, Melaye argued that resources which he alleged were previously lost to corruption could instead be redirected towards Nigerians through the proposed policy.
“What we intend to do is that at the initial, there is no subsidy. What you have is corruption. It’s money being stolen. So, instead of the corruption, we are replacing corruption now by leveraging on the people,” he said.
Asked whether the ADC would restore fuel subsidy, Melaye said the party intended to bring it back fully.
“We are bringing back subsidies 100% because subsidies, there is nothing like subsidies. What we have is corruption,” he said.
Melaye further linked the proposed policy to the price of petrol and other petroleum products.
He said the policy would result in a reduction in the price of Premium Motor Spirit (PMS), diesel, kerosene, aviation fuel and other petroleum products.
“And once there is reduction from 1,400, you start buying fuel at 500 or at 400, definitely it’s going to have a resultant effect on every other facet, including price of goods and commodities,” Melaye said.
He argued that cheaper petrol would reduce transportation costs and contribute to lower prices of goods and commodities.
Melaye also questioned the Federal Government’s borrowing levels, comparing borrowing under former President Muhammadu Buhari, when fuel subsidy was in place, with borrowing under the current administration.
He claimed that Buhari’s administration borrowed ₦87 trillion over eight years with fuel subsidy, while the current administration had borrowed ₦157 trillion without subsidy.






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