No regret removing fuel subsidy, says President Tinubu – Newstrends
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No regret removing fuel subsidy, says President Tinubu

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President Bola Ahmed Tinubu

No regret removing fuel subsidy, says President Tinubu

President Bola Ahmed Tinubu has firmly defended his administration’s decision to remove the fuel subsidy, describing it as a vital step to protect Nigeria’s economic future.

Speaking during his first presidential media chat on Monday night, Tinubu reiterated his commitment to the reform, stating:
“I have no regrets whatever removing subsidies. It was necessary.”

The President explained that the subsidy regime had become unsustainable, comparing it to mortgaging the nation’s future for immediate consumption. He emphasized that continuing the practice would have had devastating long-term consequences for the country’s economy.

Tinubu also highlighted the ongoing efforts to cushion the impact of the subsidy removal on Nigerians, promising targeted interventions and reforms to alleviate the challenges faced by citizens.

“We were not investing; we were just deceiving ourselves. The reform was necessary. We cannot have expenditures we don’t have revenue for,” Tinubu said.

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He further emphasised the importance of fiscal discipline, urging Nigerians to adopt better financial management practices.

“Cut your coat according to your size,” he advised, adding, “We had no choice but to pull the handbrake—not just for us, but for our children and grandchildren.”

The President also acknowledged the challenges arising from the subsidy removal, including resistance from smugglers.

“I can see smugglers fighting back,” Tinubu remarked, emphasising the need for strict enforcement and structural reforms.

He reiterated his administration’s commitment to making tough but necessary decisions to stabilise the economy, asserting, “No matter how you phase it, you still have to meet the bill.”

Addressing a recent stampede incidents at a charity events that led to multiple casualties, the President extended his condolences to the families of the victims. Tinubu, who has a history of philanthropy spanning 25 years, lamented the tragedies, calling for better organisation and contingency planning in such events.

“It is sad that people are not respected or are abused in situations like this. If you don’t have enough to give, don’t publicise it,” he said.

He urged organisers to prioritise safety and ensure proper crowd management to prevent future occurrences.

 

No regret removing fuel subsidy, says President Tinubu

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Islamic group postpones launch of Sharia court in Oyo

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Islamic group postpones launch of Sharia court in Oyo

The Supreme Council for Shari’ah in Nigeria has announced the indefinite postponement of the inauguration of a Sharia Court of Law in Oyo State following widespread online criticism.

In a statement released on Tuesday by Imam Daud Igi Ogun, the Khadimul Muslimeen of Oyo Kingdom, the Islamic group confirmed that the event, initially scheduled for January 11, 2025, would no longer hold as planned.

The proposed establishment of the Sharia court had sparked significant outrage on social media, with many Nigerians expressing concerns over its implications in a multi-religious and culturally diverse state like Oyo.

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The group said, “On behalf of the Oyo Muslim indigenes, this is to inform the general public that the inauguration ceremony of the Supreme Council for Shari’ah in Nigeria (Oyo branch) previously scheduled for January 11th, 2025, at the Muslim Community Islamic Center, Oba Adeyemi High School Road, Mobolaje Area, Agbongangan, Oyo, has been suspended until further notice. Islam portrays peace!”

Recall that the group’s flier announcing the launch of the court in Oyo state had gone viral causing an outrage among Nigerians especially those from the South region you argued that the same measure used in the North cannot be adopted there.

According to the flier, the court was expected to launch on January 11, 2025, at the Muslim Community Islamic Centre, Oba Adeyemi High School Road, Mobolaje Area, Oyo.

Islamic group postpones launch of Sharia court in Oyo

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Lagos council to rename road after Seyi Tinubu

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Seyi Tinubu

Lagos council to rename road after Seyi Tinubu

The Oshodi-Isolo Local Government is set to rename Liverpool Road in Oshodi-Isolo after Seyi Tinubu, the son of Mr. President Bola Tinubu.

Chairman of the council, Kehinde Oloyede, explained that the decision was “borne out of his immense contributions to youth and community development.

According to Oloyode, in a statement shared on the LG’s X handle by his media aid, “All is now set for the renaming of Liverpool Road in Oshodi-Isolo Local Government after the son of Nigeria’s President, Amb. Seyi Tinubu.”

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When contacted to confirm the claim, one of media aides to the Chairman of Oshodi –Isolo council said, The road, which is strategic to Oshodi and one of the major roads linking Oshodi/Apapa Expressway and connecting the international airport, “would soon be commissioned and renamed in Seyi Tinubu’s honour at a date to be announced.”

Oloyode, claimed “The road was a lion’s den, as no one could dare pass it either during the day or at night.”

He, however, noted that upon his assumption of office, the criminal elements, who had been using the road as a hideout before its reconstruction were all chased away.

 

Lagos council to rename road after Seyi Tinubu

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I stole from hospital because of hunger — Suspected cultist

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I stole from hospital because of hunger — Suspected cultist

A 25-year-old alleged cultist, Borokini Ayodeji, has said that he resorted to stealing because of hunger and a lack of support from family members.

Ayodeji, who was arrested and paraded by the Ondo State security outfit codenamed Amotekun, in Akure, lamented that he was abandoned hence he ventured into stealing to survive.

In an interview, the suspect confessed to being a member of the Eiye confraternity.

He admitted stealing from a government general hospital in Akure, the state capital out of hunger.
Th suspect who said that he was a trained tailor, noted that he resorted to stealing because of poverty and lack of support to establish his craft.

Also paraded was a 16 year old secondary school student in Akure, (names witheld) who confessed to raping a 24 year old neighbour at knifepoint.

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According to his statement, the crime was unprovoked, and he expressed remorse for his actions.
In an interview, the suspect said: “I don’t know what came over me. I regret my actions.”

Parading the suspects, the state commander of Amotekun, Adetunji Adeleye, said that 29 suspects, with seven others currently under interrogation, were arrested for various offences ranging from rape and burglary to attempted murder.

Adeleye said that the arrests were the result of intensified patrols and intelligence gathering across the state.

He assured residents of the Corps’ commitment to maintaining peace and curbing criminal activities, particularly during the festive season.

He said: “Among these, a notorious member of a vehicle and motorcycle theft syndicate, known for disassembling stolen vehicles and selling them as scrap outside the state, was apprehended.
“The operatives also arrested a serial house breaker who had been jailed twice in the last three years.

“Shockingly, he resumed burglary activities within two weeks of his release from the prison.”
He said that to ensure safety during the yuletide season, 1,200 personnel had been deployed across the 18 local government areas of the state, supported by regular patrols and show-of-force exercises.

 

I stole from hospital because of hunger — Suspected cultist

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