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Anxiety over Tinubu’s absence at inauguration lecture

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Anxiety over Tinubu’s absence at inauguration lecture

There was anxiety on Saturday at the inauguration lecture held in Abuja following the conspicuous absence of President-elect Bola Tinubu at the event held in his honour.

Vice President-elect, Senator Kashim Shettima, who represented him at the event, did not say anything about his whereabouts, but only proceeded to read his speech.

Tinubu represented by Shettima says he’ll dedicate life serving Nigeria

In a statement issued by the Office of the President-elect and signed by Tunde Rahman, the incoming president, through the Vice President-elect, Shettima, promised to dedicate his entire being to serving the nation and Africa.

“Today, I stand before you, ready to dedicate my entire being to the service of our great nation and the African continent,” Tinubu declared.

He highlighted the indispensable role of democracy as the cornerstone for the nation’s progress and prosperity.

Tinubu noted that Nigeria was at the precipice of a new era, where the ideals of democracy would guide on path towards sustainable development.

The president-elect also called on Nigerians to stand together with his incoming administration to birth a better country, while also restating his commitment to the ideals of democracy as the best form of government.

He said, “Distinguished guests, democracy is more than a system of governance; it is the very lifeblood that empowers a nation to flourish and thrive. “We stand at the precipice of a new era, where the ideals of democracy will guide our path towards sustainable development,” he stated.

Tinubu, while embracing his African identity, further stated that he recognised the collective efforts of Nigerians and Africans in shaping their democratic political cultures and institutions, tailored to the unique conditions and challenges faced by their societies.

He said, “Democracy, my fellow countrymen, is not only a political system; it is a way of life. It embodies a distinctive code of thought and conduct, demanding the utmost integrity and self-improvement from leaders.”

According to the president-elect, while democracy guarantees freedom, its survival hinges on responsible and measured use of that freedom.

He added that democracy, as an ever-evolving concept, empowers the majority to express their will while safeguarding the fundamental interests of the minority.

“Our democracy is not an abstract ideal; it is a practical vessel that will propel our nation to new heights in every facet of our collective existence,” Tinubu added.

Drawing insights from Nigeria’s national experience, he acknowledged the merits of democracy even in its imperfect manifestations, stressing that it surpasses the most perfect dictatorship in terms of justice, humanity, and productivity.

Tinubu also mentioned the importance of fostering open forums for discussion and debate, where the best ideas and policies could enter the national discourse and capture the imagination of the people.

He pledged to utilise democratic institutions not only to safeguard political and civil rights, but also to drive comprehensive economic reforms that engender broad-based prosperity, create employment opportunities, and unlock the nation’s untapped potential.

We can overcome our differences, says Buhari

At the event, President Muhammadu Buhari declared that Nigerians could overcome their differences and forge a common cause for progress.

Buhari said, “We have learnt that democracy is not just a system of governance. It is a way of life.

“True democracy is when the voice of the people is heard. Our nation’s progress rests on inclusivity, unity and not leaving any citizen behind, and ensuring every citizen enjoys the dividends of good governance.

“We must heed the lessons of this lecture and translate them into action. We must fight against corruption in all its forms. We must remain united. Our diversity is our strength.

“We can overcome our differences and forge a common cause towards progress.”

Kenyatta urges Tinubu to unite Nigeria

In his address, the keynote speaker and former Kenyan President, Kenyatta appealed to Tinubu to unite the country.

Speaking on the theme: ‘Deepening Democracy for Integration and Development’, Kenyatta summed up the leadership crisis in Africa as negative ethnicism, religious intolerance, and economic greed.

Kenyatta noted that while elections may divide the people, leadership must bring them together.

He encouraged Tinubu to surround himself with voices that challenge his own and reach out to those who may feel aggrieved to build a stronger nation together.In closing his presentation, Kenyatta said, “The contest is now over and the hard work of building a prosperous and unified Nigeria now begins.

“I encourage you to surround yourself with the voices of those who will counterbalance the hardliners that feel entitled to a piece of your office, you will lose nothing and gain everything by reaching out across the political, ethnic, and religious lines.”

He added, “To those who may feel aggrieved by your victory in one way or another, please allow them to exhale and be part of your vision for a greater Nigeria.

“It is my hope and my prayer that the lessons from across the continent will give you the resolve to walk the difficult path of overcoming those three enemies.

“I started by mentioning the three enemies of nationhood: Negative ethnicity, religious discrimination, and corruption.

“As your fellow African, I look forward to a Nigeria that emerges from this transition, ready to flex and fight for its rightful place on the global stage with both hands at the ready.”

Also the President, African Development Bank, Dr. Akinwumi Adesina, who spoke on the topic, “Strengthening the Nigerian Economy in the Tinubu Years,” urged the president-elect to drastically improve the economy and spark a new wave of prosperity.

He expressed the hope that Tinubu will heal and unite a fractious nation, rise above party lines and forge a compelling force to move the nation forward, with inclusiveness, fairness, equity, and justice.

He also urged him to drastically improve the economy by removing the inefficient fuel subsidies.

“Nigeria’s fuel subsidies benefit the rich, not the poor, fuelling their and government’s endless fleets of cars at the expense of the poor. Estimates show that the poorest 40 per cent of the population consume just three per cent of petrol. Fuel subsidies are killing the Nigerian economy, costing Nigeria $10 billion alone in 2022,” Adesina said.

He also called for reduction cost of doing business, which he noted is too high for any meaningful development to take place.

Adesina expressed hope that Tinubu will heal and unite a fractious nation.

Religion not Nigeria’s problem – Kukah

On his part, the Bishop of the Catholic Diocese of Sokoto Rev. Matthew Hassan Kukah, noted that religion is not the problem of Nigeria as erroneously projected by the media and the political elite who assumed that there is a conflict between politics and religion.
“In all countries, no business, no family, no organisation, has a future if you don’t figure how to manage diversity. Religion has been turned into a weapon and it is a weapon of choice for politics and politician. I am a Nigerian and I can work with anybody. We must get to that point in which we have enough trust in ourselves,” Kukah said.

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BREAKING: FG extends N25,000 salary increase to all workers

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BREAKING: FG extends N25,000 salary increase to all workers

All cadres of workers in the Federal Civil Service will benefit from the N25,000 wage increment for six months, President Bola Tinubu announced in his Independence Day broadcast.

In his speech, Tinubu had said the increment for low-grade federal workers as intervention to cushion the effect of subsidy removal.

But at a meeting between the Federal Government and Labour Unions in Aso Rock on Sunday evening, an agreement was reached that all workers should benefit from the increment.

Femi Gbajabiamila, Chief of Staff to the President, who chaired the meeting, announced this at the end of the dialogue.
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The Federal Government had invited Labour Unions to the meeting as a measure to prevent nationwide strike.

Governor Abdulrazak Abdulrahman of Kwara State and Chairman of the Nigeria Governors Forum (NGF) and Governor Dapo Abiodun of Ogun State, participated virtually in the meeting.

Also in attendance were the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Minister of Information and National Orientation, Mohammed Idris, the Minister of Labour and Employment, Simon Lalong, the Minister of State, Labour, Nkeiruka Onyejeocha, the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, the Head of Service of the Federation, Dr. Folasade Yemi-Esan and the National Security Adviser (NSA), Mallam Nuhu Ribadu.

The labour delegation was led by NLC President, Joe Ajaero; Deputy President, TUC, Dr Tommy Okon; NLC General Secretary, Emma Ugboaja, TUC General Secretary, Nuhu Toro, among others.

BREAKING: FG extends N25,000 salary increase to all workers

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Full details of FG, Labour meeting on Sunday

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Full details of FG, Labour meeting on Sunday

The outcome of the meeting between Federal Government and labour leaders on Sunday may avert nationwide strike, it was learnt.

Part of the outcome shows that the government will commence payment of N75,000 to 15 million households at N25,000 per month,  from October to December 2023.

It was also agreed that VAT on diesel would be waived for the next six months, Newstrends learnt.

The details are contained in a press statement by Minister of Information and National Orientation Mohammed Idris.

The details of the deliberation between the government and Nigeria Labour Congress and Trade Union Congress were made available on Sunday night.

The full statement is as follows:

The Federal Government, on Sunday, October 1, 2023 met with the leadership of the Nigeria Labour Congress (NLC) and Trade Unions Congress (TUC) on measures to address the dispute arising from the removal of subsidy on Premium Motor Spirit (PMS).

The parties noted the following:

i) The Federal Government has announced N25,000 only as provisional wage increment for all treasury-paid Federal Government workers for six months.

ii) The Federal Government is committed to fast-tracking the provision of Compressed Natural Gas (CNG) buses to ease public transportation difficulties associated with the removal of PMS subsidy.

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iii) The Federal Government commits to the provision of funds for micro and small-scale enterprises.

iv) VAT on diesel will be waived for the next 6 months.

v) The Federal Government will commence payment of N75,000 to 15 million households at N25,000 per month, for a three-month period  from October-December 2023.

RESOLUTIONS:

In the light of the discussions held during the meeting, the following resolutions were reached:

i) The issues in dispute can only be resolved when workers are at work and not when they are on strike.

ii) Labour unions argued for higher wage award and the Federal Government Team promised to present Labour’s request to President Bola Tinubu for further consideration.

iii) A sub-committee to be constituted to work out the details of implementation of all items for consideration regarding government interventions to cushion the effect of fuel subsidy removal.

iv) The lingering matter of Road Transport Employees Association of Nigeria (RTEAN)  and National Union of Road Transport Workers (NURTW) in Lagos State needs to be addressed urgently and Lagos State Governor, Babajide Sanwo-Olu, who participated virtually, pledged to resolve the matter.

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v.) NLC and TUC will consider the offers by the Federal Government with a view to suspending the planned strike to allow for further consultations on the implementation of the resolutions above.

Governor Abdulrazak Abdulrahman of Kwara State and Chairman of the Nigeria Governors Forum (NGF) and Governor Dapo Abiodun of Ogun State, participated virtually in the meeting, chaired by the Chief of Staff to the President, Femi Gbajabiamila.

Also in attendance were the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Minister of Information and National Orientation, Mohammed Idris, Minister of Labour and Employment, Simon Lalong, the Minister of State, Labour, Nkeiruka Onyejeocha, the Minister of Budget and Economic Planning, Abubakar  Atiku Bagudu, the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, the Head of Service of the Federation, Dr. Folasade Yemi-Esan and the National Security Adviser (NSA), Mallam Nuhu Ribadu.

The labour delegation was led by NLC President, Joe Ajaero, Dr Tommy Etim Okon, Deputy President, TUC,  NLC General Secretary, Emma Ugboaja, TUC General Secretary, Nuhu Toro, among others.

Full details of FG, Labour meeting on Sunday

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BREAKING : BUA group announces immediate reduction of cement price to N3,500/bag

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BREAKING : BUA group announces immediate reduction of cement price to N3,500/bag

One of the major companies in Nigeria, BUA Group , has announced a reduction of ex-factory cement price to N3,500 per bag.

The company, which made this known in a statement on Sunday, said the reduction will take effect from 2 October, 2023.

The statement titled : ‘BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023’, reads in full : “We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.

As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.

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Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.

NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance.”

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BREAKING : BUA group announces immediate reduction of cement price to N3,500/bag

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