Nigerians will get used to deregulation, says minister – Newstrends
Connect with us

News

Nigerians will get used to deregulation, says minister

Published

on

Minister of State for Petroleum Resources, Timipre Sylva, has justified the recent increase in the price of fuel in the country even as he notes that with time, Nigerians will get used to the deregulation of the downstream oil sector.

He said people should wake up to the reality that subsidy was gone for good.

The minister absolved the presidency of any blame in the latest price increase, insisting that the Federal Government was badly incapacitated financially to even contemplate any form of subsidy for Nigerians in the downstream oil sector.

While confirming that Nigeria’s production capacity had dropped to 1.4 million barrels per day from the initial two million barrels as stipulated by the Organisation of Petroleum Exporting Countries (OPEC), he said this accounted for lean resources through taxes from the sector.

Sylvia spoke on Monday, shortly after he met with President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, at the Presidential Villa, Abuja.

According to the minister, petrol is mostly used by the elite while diesel and kerosene are more important to the ordinary citizens.

He explained that trucks moving food products from one part of the country to another use diesel and most of the Nigerian masses used kerosene, which had since been deregulated.

“Look at it, a situation where diesel has been deregulated long ago; a situation where kerosene has been deregulated long ago; and these are the fuels the poorest people in Nigeria interact with more. Why do I say that?

“If you want to transport food from the North to the South, it will be by trucks that are run by diesel, not with petrol. Those trucks that transport food from the North to the South are usually run by diesel.

“Kerosene is the preferred fuel at the lowest level of our society. These have been deregulated long ago. So, what is the problem with deregulating petrol, which is mostly used by the elite?

“Let us be fair to this country, let us be fair to the poor people in this country. If we have deregulated what they were using, then there is actually no reason why we should continue to subsidise petrol. I feel so. That’s my personal feeling.”

In March, the Federal Executive Council approved a monthly review of petroleum products prices in line with the international market prices following the impact the COVID-19 pandemic.

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, last week increased the depot price of petrol to N155.17.

News

NYSC extends 2025 Batch ‘C’ registration by 48 hours over network glitches

Published

on

Corps members (NYSC)

NYSC extends 2025 Batch ‘C’ registration by 48 hours over network glitches

The National Youth Service Corps (NYSC) has extended the registration period for the 2025 Batch ‘C’ mobilisation exercise by 48 hours, moving the deadline to midnight on Tuesday, November 11, 2025.

The extension follows persistent network challenges that have hampered the registration process for many prospective corps members (PCMs).

In a statement signed by Caroline Embu, Director of Information and Public Relations, the NYSC apologised for the inconvenience caused and assured affected applicants that technical teams were working “round the clock” to restore smooth operations.

“While Management regrets the inconvenience this might have caused our valued PCMs, we wish to assure all that we are working round the clock to resolve the issues and ensure they enjoy seamless registration,” the statement read.

The scheme urged prospective corps members to take advantage of the extended window to complete their registration, expressing appreciation for their patience and understanding.

READ ALSO:

“In view of this regrettable development, Management has extended the registration period by 48 hours till midnight of Tuesday, November 11, 2025, to enable our enthusiastic PCMs conclude their registration,” the NYSC added.

Meanwhile, several PCMs have voiced frustration over the technical difficulties, with many citing failed confirmation emails and prolonged delays despite multiple attempts.

Yusuf Abubakar Umar, one of the affected applicants, wrote on Facebook:

“I’ve been trying to register since 4 a.m., and like many others, I haven’t received any confirmation email.”

Another PCM, Recheal Joseph Ani, said:

“Honestly, I was in the café since 6 a.m. today and up till now I have not gotten an email to proceed with my registration.”

The 2025 Batch ‘C’ online registration exercise initially opened on November 4 and was scheduled to close on November 9 before the extension was announced.

The NYSC reassured prospective corps members that system upgrades are ongoing to prevent a recurrence of such network disruptions in future registration exercises.

NYSC extends 2025 Batch ‘C’ registration by 48 hours over network glitches

Continue Reading

News

Give service chiefs 90 days to crush terrorists, Adeboye tells Tinubu

Published

on

Give service chiefs 90 days to crush terrorists, Adeboye tells Tinubu

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has urged President Bola Tinubu to take decisive, wise, and diplomatic steps in addressing what he described as an alleged Christian genocide and worsening insecurity across Nigeria.

Speaking during the November Holy Ghost Service at the Redemption City campground, Adeboye advised the Federal Government to handle the situation with “balance and strategic foresight,” stressing that political and religious tensions must be approached with care.

“If I am asked to make suggestions, I will say quietly to the government to move wisely and diplomatically,” Adeboye said. “There were times in Nigeria when Christians and Muslims lived peacefully together. I have Muslim relatives and still share meals with them, but the trouble started when politics entered religion.”

The cleric revealed that he had offered private counsel to past presidents on similar issues but noted that only the Commander-in-Chief can act on such advice.

“All the presidents who were around when this trouble started, whatever I discussed with them remains confidential. I have done my best behind the scenes, but as I always say, you can only advise a Commander-in-Chief; you cannot command him. God is my witness,” he said.

Adeboye outlined what he would recommend if given another opportunity to advise the current administration.

READ ALSO:

“If I were to advise our government, I would say: move fast, move diplomatically, and move wisely. Find a way to convince the President of America to delay his actions for about 100 days. Then, instruct our security chiefs to eliminate terrorists within 90 days or resign.”

He recalled that former President Muhammadu Buhari once gave a similar directive but failed to ensure compliance.

“Buhari once ordered the service chiefs to get rid of Boko Haram or resign, but he didn’t follow through. I asked him later why he didn’t proceed with his threat,” he recounted.

The cleric further advised Tinubu to ensure that efforts to defeat insurgents also target those funding them.

“When giving orders to the service chiefs, make it clear that they are not only to eliminate terrorists but also their sponsors, no matter how influential they may be,” he said.

Adeboye warned that Nigeria must exercise caution in its foreign relations, noting that no major power would defend the country in the event of external aggression.

“If America attacks us, China will not come to our defense. Neither will Russia or Britain. They will condemn it but do nothing,” he cautioned.

READ ALSO:

The respected cleric expressed disappointment with what he described as misleading reports about security improvements in Nigeria, referencing a recent presidential statement.

“I almost spoke last month when I heard the speech of my in-law (Tinubu) saying all is well and displaced people had returned home. The person who wrote that speech does not like him. People around him are not telling him the truth,” he said.

Adeboye acknowledged that Tinubu inherited a deeply rooted security challenge but urged him to focus on solutions rather than rhetoric.

“Our President inherited this problem. As an applied mathematician, I am only interested in getting the problem solved,” he said.

Reiterating his call for diplomacy and accountability, Adeboye appealed to the government to seek international understanding and ensure effective leadership within the military.

“Let the government use diplomatic channels to convince Trump to give us 100 days of grace and then hold the service chiefs accountable. They must deliver within three months or resign,” he added.

He ended his message on a note of faith, expressing confidence that peace would eventually return to the country.

“God said this would be a remarkable year, even though the wind may be violent. The theme for our next Holy Ghost service is ‘Fear Not.’ One way or the other, there will be peace again in Nigeria.”

Give service chiefs 90 days to crush terrorists, Adeboye tells Tinubu

Continue Reading

News

U.S lawmaker accuses Nigeria of inaction on insecurity despite billions in assistance

Published

on

U.S lawmaker accuses Nigeria of inaction on insecurity despite billions in assistance

United States Congressman Riley Moore has issued a strong rebuke of the Nigerian government, accusing it of failing to address the country’s persistent insecurity despite receiving substantial security assistance from the U.S.

Speaking during an interview on The Dinesh D’Souza Show on Thursday night, Moore expressed deep concern over what he described as the Nigerian authorities’ silence in the face of ongoing violence against Christians. He alleged that believers are being “slaughtered for practising their faith,” and warned that the unchecked violence could have serious global repercussions.

Moore currently chairs an investigative committee established by U.S. President Donald Trump to probe the alleged persecution of Christians in Nigeria. He emphasized the urgency of international cooperation to prevent extremist groups from gaining further ground.

“My brothers and sisters in Christ are murdered for practising their faith and belief in our Lord Jesus Christ,” Moore said. “If we don’t address this, and some terrorists take hold in Nigeria, I promise you, we would have to address it one way or the other.”

READ ALSO:

He called for a renewed partnership between the Nigerian and U.S. governments, noting that the U.S. has provided billions of dollars in security aid, including training and equipment, to help Nigeria combat terrorism and protect vulnerable communities.

“They have been paying for that, but they were also granted security assistance from the United States of America… and it has gone on unresolved,” Moore stated. “They are not prioritising the protection of the Christians.”

Moore lamented that the issue has long been neglected, saying, “It has been flying under the radar, and nobody has cared about this for a very long time.”

He concluded with a passionate appeal to uphold Christian values and protect lives, stressing that the matter transcends politics and nation-building.

The Nigerian government has yet to respond to Moore’s remarks, which come amid growing international scrutiny of religious freedom and human rights in the country.

U.S lawmaker accuses Nigeria of inaction on insecurity despite billions in assistance

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending