Protesters angry over Tinubu's address, return to the streets – Newstrends
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Protesters angry over Tinubu’s address, return to the streets

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Protesters angry over Tinubu’s address, return to the streets

 

Some Nigerians have expressed disappointment about the national broadcast made Sunday morning by President Bola Tinubu.

They noted that the address contained no immediate presidential action or directive on the demands of #EndBadGovernance protesters to ease the hardship in the country.

In reaction to the President’s broadcast meant to douse tension and placate aggrieved people, a group of protesters returned to the Gani Fawehinmi Park at Ojota, Lagos, on Sunday morning, chanting solidarity songs, shortly after the address to the nation.

The protesters said the President had not addressed core issues raised by them despite touching on efforts by his administration.

One of the protesters said, “First, let me appreciate the President for his courage to address the nation this morning after we started the protest for about four days now.

“He spoke on the violence and loss of lives in some areas and appealed to protesters. But here in Lagos, we’ve been peaceful in our protests.

“But the President failed to address most of the issues presented before him – high cost of fuel, high cost of clearing goods at the port, electricity tariff and other things.

“As long as those demands are not addressed, we’ll remain on the street protesting.”

Policemen and other security agencies were still on the ground at the Gani Fawehinmi Park, according to a Channels TV report.

The police had prevented the protesters from holding a procession beyond the designated ground at Gani Fawehinmi Park, Ojota.

Tinubu had urged the youths to suspend the #EndBadGovernance protests and embrace dialogue, while delivering his address.

He administration, he said , was focused on good governance despite several challenges confronting the country.

He said the removal of subsidy on petrol was a painful but necessary decision taken for economic reforms.

The reversal of the petrol subsidy removal is one of the demands of the youths protesting since Thursday August 1.

Tinubu announced the removal of petrol subsidy during his inaugural speech as President on May 29, 2023. The price per litre of the product jumped from around N184 to N568/ N700, depending on where it is sold in the country.

The administration also unified forex windows, with the value of the naira falling from $1/N700 to over $1/1,600 at the parallel market.

Prices of food and other essential items have similarly climbed through the roof with attendant high cost of living.

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School teachers begin indefinite strike in Abuja

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School teachers begin indefinite strike in Abuja

Teachers in government-owned schools across the Federal Capital Territory (FCT) have started an indefinite strike. This action follows the expiration of a 14-day ultimatum issued by the Nigeria Union of Teachers (NUT), FCT Chapter, to the six area councils in the territory.

On Wednesday, pupils who arrived at school were sent home by their teachers upon reaching the school gates, leaving them disappointed.

Comrade Ameh Baba, the NUT Chairman in Kubwa, confirmed the strike, explaining that it was initiated to push for the payment of 60 percent of the minimum wage arrears owed by the area councils.

He also criticized the councils for failing to implement the payment of 40 percent peculiar allowances and the 25 percent and 35 percent salary increments for teachers.

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Comrade Ameh stressed the importance of primary education as the foundation of human development and urged the government to treat the matter seriously.

The union warned that if the government does not respond within seven days, they will escalate the strike by picketing the area council secretariats and organizing protests, with secondary school teachers joining in solidarity. He also noted that the strike would impact Junior Secondary School 1 students, as their results are due for release.

School teachers begin indefinite strike in Abuja

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Students can reapply for loans, we’ve resolved BVN verification glitch – NELFUND

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Managing Director of NELFUND, Akintunde Sawyerr

Students can reapply for loans, we’ve resolved BVN verification glitch – NELFUND

The Nigerian Education Loan Fund (NELFUND) has announced the resolution of a technical issue that disrupted the BVN (Bank Verification Number) verification process for students applying for loans.

The issue, which began over the weekend and persisted through the public holiday, caused delays for many applicants.

In a statement posted on NELFUND’s official X (formerly Twitter) account on Wednesday, the organization confirmed that the issue had been fully resolved by Tuesday morning. NELFUND advised all affected students to log back into the portal, complete their BVN verification, and proceed with their loan applications.

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“Dear Students, 

“We have observed that many of you experienced issues with BVN verification while applying for the student loan over the last weekend, including the public holiday. 

“We are pleased to inform you that the issue has been addressed and fully resolved as of yesterday morning. 

“We kindly advise all affected students to log back into the portal, complete the BVN verification process, and proceed with your loan application,” the statement read in part.

NELFUND also expressed gratitude to students for their patience during the disruption and reassured them that the application process can now continue smoothly without further issues.

 

Students can reapply for loans, we’ve resolved BVN verification glitch – NELFUND

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Obasanjo reveals how Abdulsalami almost awarded $280m telecom deal for $3m to friends

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Former President Olusegun Obasanjo

Obasanjo reveals how Abdulsalami almost awarded $280m telecom deal for $3m to friends

Former President, Olusegun Obasanjo, has recounted how the former military Head of State, Gen. Abdulsalami Abubakar (retd), almost shortchanged Nigeria in a lucrative telecommunications deal.

Obasanjo revealed that Abdulsalami almost robbed Nigeria of a $280 million deal during nation’s transition to mobile telecommunications.

Obasanjo said when Nigeria was about to make the switch from landline telephones to mobile phones, some major telecommunication companies approached the country and promised to provide mobile lines for the citizenry, but Abubakar wanted to award the deal to his friends for $3 million.

The former President, however, said he suggested that the contract be made public for investors to bid and the highest bidder was awarded the contract, leading to the $280 million sale.

He made the revelation at the launch of a book titled ‘The Catalyst: Nigerian ICT Evolution through a Journalist’s lens,’ authored by an immediate past Editor of The PUNCH Newspapers, Mr Dayo Oketola, in Lagos.

He also disclosed that he was able to get Etisalat to pay $450 million to get the licence to operate in Nigeria.

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Speaking at the event, Obasanjo said: “The story of telecommunications, particularly mobile telecommunication, is a very interesting one. Before mobile telecommunication, we had spent a lot of money, we had all sorts of companies invited from America, France and even from Britain, but we did not get more than 500,000 lines. People had to queue at the telephone kiosk to call their loved ones abroad. And then, of course, the mobile telephone age came in.

“When it came in, my predecessor in office was trying to give it away, I think, to their friend for $3 million. Then we said, what we would do was to auction it. The three that came in first, I think, paid $280 million for the line. $280 million for something about to be given away for $3 million. That was the first thing we did. Not only that, we achieved competition.

“The three of them were competing. And, of course, the one that had the upper hand in terms of spread, I think, was MTN, followed by Glo. And then, there was Econet. They are now Airtel. And then, of course, later on, we had the fourth one, Etisalat. When Etisalat came, I told them the last one we did was $280 million. We told Etisalat to pay $450 million. They did.

“When they paid $450 million, the ball went in the post and then we were playing. That was how we got money to do what we did at the time we did it. That opportunity can still be made available. The money to develop Nigeria is out there, but that money will not come in unless we create a conducive atmosphere for that money to come in.

“What we did or what Nigeria has done in the good days when things were going well, are still there and can still be done today only if we put ourselves and we are honest to ourselves. We have to show character and attitude.”

Obasanjo reveals how Abdulsalami almost awarded $280m telecom deal for $3m to friends

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