Tinubu Set To Address Nigerians At 7pm, Today

President Bola Tinubu will address Nigerians today (Monday) at 7pm, his spokesman, Dele Alake, has said.

“Television, radio stations and other electronic media outlets are enjoined to hook up to the network services of the Nigerian Television Authority and Radio Nigeria for the broadcast,” Alake said.

The agenda for the broadcast is not yet known as of press time but it might not be unconnected to the economic pain experienced by Nigerians amid the removal of subsidy on Premium Motor Spirit (PMS) known as petrol.

There seemed to be no respite for Nigerians after President Bola Tinubu, in his inaugural speech on May 29, 2023, announced the removal of petrol subsidy.

The president has repeatedly appealed for calm, saying his government is working hard to ensure that Nigerians live comfortably.

Tinubu attributed the current state to labour room pain, saying the gains are on the way.

But with the announcement, the pump price of a litre of petrol rose from N184 to N500.

About two months later, the price jumped from N500 to over N617 on Tuesday, July 18, 2023, eliciting anger and criticisms from economically stranded citizens.

Mid-July, Nigeria’s headline inflation rose to 22.79percent in June from the 22.41percent recorded in May 2023 amid soaring food prices and rising cost of transportation occasioned by the removal of fuel subsidy.

As the economy bites harder, the Tinubu administration announced its plan to pay 12 million household N8,000 subsidy palliative for six months but the move attracted stark rebuke and the Federal Government made a U-turn and ordered a review of the plan.

Meanwhile, the Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the Tinubu administration to reverse “all anti-poor” people policies including the hike in the price of petrol.

The labour union rejected the palliative to be rolled out by the new administration and threatened to embark on a nationwide protest from Wednesday, August 2, 2023 should the Federal Government fail to do the needful.

Comments

Ogoni Day: Group Demands Saro-Wiwa, Eight Others' Exoneration, Compensation .Urges Probe Of Wike Over Alleged Diversion Of $300m OML 11 Payment

As the Ogoni ethnic nationality in Rivers State marked the 31st Anniversary of the Ogoni Day, the Ogoni Liberation Initiative (OLI), has reiterated the call on the Federal Government to exonerate late environment-rights activist, Kenule Beeson Saro-Wiwa and eight other Ogonis murdered during the late General Sani Abacha military junta in 1995. The group also called for compensation to Ogoni and families of the four Ogoni chiefs whose death led to the arrest and subsequent execution of Saro-Wiwa and eight others. OLI said it came up with the referendum after consultation with critical stakeholders within and outside Ogoni land and over 200 rights groups. Chief Executive Officer of Ogoni Liberation Initiative, Dr Douglas Fabeke, while reading an 8-point referendum to mark this year's Ogoni Day also demanded the immediate dissolution of the board of the Hydrocarbon Pollution Remediation Project (HYPREP), over alleged gross mismanagement of funds and incompetence. OLI said Ogoni peopl

Our Decisions Not Borne Out Of Fear, But For Peace Of Rivers, Fubara Insists .Says He Won't Involve In Dirty Political Fights

Rivers State Governor, Sir Siminalayi Fubara, has declared that the decisions taken by his administration in the evolving political crisis in the state were not borne out of fear, but for peace to reign in the state. The governor made this known while addressing Rivers people at the maiden state banquet held by his administration at Government House, Port Harcourt on Monday to celebrate the New Year. The governor's position was revealed in a statement signed by the Senior Special Assistant on Media to the Governor of Rivers State, Boniface Onyedi, on Tuesday. Fubara, who wished Rivers people a fruitful and prosperous 2024, also appealed to Rivers people to embrace the ongoing peace process at the instance of President Bola Amhed Tinubu. He stated that his administration would not be enmeshed in any dirty political war that would hinder the prospects of development in the state. "Every decision that we've taken is not borne out of fear but because we have the interest of ou

2024 Budget: You Want To Strangle Nigerians, PDP Slams Tinubu

The Peoples Democratic Party (PDP) has described President Bola Tinubu’s proposed N27.5trillion budget for the 2024 fiscal year as hopeless and a huge disservice. PDP said if the proposed budget is passed, it will further asphyxiate Nigerians and plunge the nation into more economic depression and hopelessness. A statement signed by PDP’s spokesman, Debo Ologunagba, said: “It is clear that the 2024 budget as proposed with its heavy provisions for the luxury appetite of the Presidency and All Progressives Congress (APC) leaders, which is predicated and expected to be funded from multilateral and bilateral foreign loans and increased taxes on Nigerians, is designed to further mortgage our nation and strangulate the already impoverished Nigerians. “The budget framework with respect to recurrent expenditure vote of N9.9trillion, capital expenditure vote of N8.7trillion, and N8.25trillion for debt services is unsustainable and unrealisable in view of the stated outstanding debt and proposed

Nelly's SmartBriefs

Search This Blog