Uncategorized
Sit-at-home: Senate seeks Simon Ekpa extradition from Finland
Sit-at-home: Senate seeks Simon Ekpa extradition from Finland
The Senate has demanded that the Federal Government should approach the Finnish government to extradite Simon Ekpa, a self-acclaimed disciple of Nnamdi Kanu, the detained leader of the Indigenous People of Biafra.
Ekpa is the head of the Auto Pilot, a faction of IPOB, who has continued to order his loyalists to enforce sit-at-home in the South-East region, crippling economic activities in the area.
The sit-at-home which is mostly enforced on Mondays, has led to unrest in the southeast region.
The Senate noted that thousands of innocent people has been killed since this action started, and property worth over trillions of naira destroyed, making investors to leave the region.
This was part of the resolutions of the Senate on Wednesday.
It was based on a motion titled, “Condemning the Disruptive Nature of ‘Sit-At-Home’ Demonstrations in the South East-Nigeria, sponsored by Senator Osita Izunaso, APC, Imo West and co- sponsored by 14 other Senators.
The third prayer in the motion urging the Federal Government to use political solution approach in handling the case of IPOB leader Nnamdi Kanu was rejected by the senators.
Uncategorized
Nigeria saves $20bn from subsidy removal – Finance Minister Edun
Nigeria saves $20bn from subsidy removal – Finance Minister Edun
Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy, has declared that the country has saved $20 billion by eliminating the petrol subsidy and adopting market-based foreign exchange pricing.
He made this disclosure at an event in Abuja marking the first 100 days in office of Esther Walso-Jack, Head of the Civil Service of the Federation.
Edun stated, “When there was a subsidy on the PMS and on foreign exchange, they collectively cost five percent of the GDP.
“Assuming GDP was $400 billion on average, five percent of that is $20 billion—funds that could now go into infrastructure, health, social services, and education.”
He explained that the savings were being redirected into developmental projects. He said, “The real change is that no one can wake up and target cheap funding or forex from the central bank to enrich themselves without adding value. “Similarly, profiteering from the inefficient petrol subsidy regime is no longer possible.”
President Bola Tinubu officially ended the petrol subsidy regime on May 29, 2023.
metro
Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery
Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery
The Lagos-based mega Dangote refinery has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its crude oil supply obligations under the naira-for-crude agreement.
Edwin Devakumar, the Vice President of the Dangote Group, disclosed this in a statement reported by Reuters.
Devakumar explained that the national oil company had committed to supplying the refinery with a minimum of 385,000 barrels per day (bpd) under the crude-for-naira deal.
READ ALSO:
- Eight Ogun teenagers gang-rape 14-year-old girl
- Netanyahu: Italy, Canada, others to enforce ICC arrest warrants against Israeli PM
- Nigerian Army has pursued Lakaruwa terrorists to Niger Republic – Senator Aliero
However, he alleged that the NNPC is falling short of this commitment.
According to Reuters, Devakumar characterized the volume of crude currently supplied by NNPC Limited as “peanut,” though he did not specify the exact amount.
“We need 650,000 barrels per day, and NNPC Ltd agreed to supply a minimum of 385,000 bpd, but they are not even delivering that,” Devakumar stated.
Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery
News
Tinubu restructures media team, says no individual presidential spokesman
Tinubu restructures media team, says no individual presidential spokesman
President Bola Tinubu has reorganised his media team, re-designating the positions of his two recently appointed special advisers for media and communications.
This is contained in a statement released on Monday night by his Special Adviser on Media and Strategies, Bayo Onanuga.
He said Sunday Dare, the special adviser on public communication and national orientation, is now the special adviser on media and public communications.
Onanuga added that Daniel Bwala, announced last week as a special adviser on media and public communication, will now function as the special adviser on policy communication.
“These appointments, along with the existing role of special adviser, information and strategy, underscore that there is no single individual spokesperson for the presidency,” the statement read.
There had been some confusion as Onanuga, designated as special adviser on communication and strategy, had been the presidential spokesman since the exit of Ngelale Ajuri, who was special adviser on media and publicity.
However, on Monday, Bwala announced himself as the presidential spokesperson.
“Today, I resumed officially as the Special Adviser, Media and Public Communications/Spokesperson (State House). I am happy to have joined a meeting of the robust and fantastic communication team of Mr. President. I love the existing unity among the team and hope we can leverage on that even for more synergy,” he wrote on his X handle.
-
metro11 hours ago
BREAKING: Port Harcourt refinery begins operation
-
Business2 days ago
Just in: Dangote refinery reduces petrol price for marketers
-
metro1 day ago
40-foot container falls on car in Lagos
-
Politics2 days ago
2027: Lagos Speaker, Obasa joins gov race, may battle Seyi Tinubu, others
-
Politics1 day ago
Lagos 2027: Seyi Tinubu campaign team releases his life documentary
-
International1 day ago
Trump to sack 15,000 transgender officers from U.S. military: Report
-
Entertainment1 day ago
Polygamy best form of marriage for Africa – Okey Bakassi
-
metro1 day ago
Policewoman dismissed in Edo threatens to kill children, commit suicide