Connect with us

Latest News

Buhari To Remove Fuel Subsidy In 2023 – Keyamo

Published

on

Keyamo Once Sued Tinubu For Certificate Forgery - Atiku Campaign Spokesman

President Muhammadu Buhari plans to remove fuel subsidy in 2023.

The planned removal was disclosed by the Spokesperson for the Presidential Campaign Council of the All Progressives Congress (APC), Festus Keyamo.

According to him, the conversation on the removal of fuel subsidy will commence next year.

Keyamo, who is also the Minister of State for Labour, disclosed this on Tuesday during the unveiling of the Progressives Forum in Abuja,

According to him, the government now relies on the revenue from Customs, Federal Inland Revenue Service (FIRS) and others to pay salaries.

The minister said that petroleum subsidy was no longer sustainable, insisting that it had eaten deep into the country’s economy.

Keyamo stated: “As a progressive party, we believe there must be intervention in the lives of the very poor and the middle class. That is why we have conditional cash transfers to the very poor. That is the philosophy of President Muhammadu Buhari, that is the philosophy of APC. We care a lot for the poor.

“If it were to be other government existing today as I speak with you, there would be no subsidy now. But President Muhammadu Buhari said before we remove it, we need to put some measures in place to cushion the effect on the poor. Because there is no longer any justification to retain subsidy as I speak with you today.”

Keyamo stressed that even in the United States and the United Kingdom, the prices of petroleum have gone up more than four or five times.

He added: “We are in government, we cannot hide it again from the masses, from the people. We must all keep saying that subsidy has eaten deep into our country, into our economy.

READ ALSO: Buhari Approves Suspension Of Fuel Subsidy Removal

“The Nigerian National Petroleum Corporation (NNPC) is no longer remitting money to the Federation Accounts Allocation Committee (FAAC). So all the money they earn goes to subsidy. So, the government has to rely on revenue from Customs, from the Federal Inland Revenue Service (FIRS), from others to pay salaries and other things.

“But it is still the sympathy that the president has for the poor because he feels that we have to put measures in place to cushion the effect on the poor before they remove subsidy. And that is why they’ve pushed it to sometime next year. The conversation on how to remove subsidy will begin.”

 

Read more authentic news on our social media platforms

Continue Reading
Click to comment

Latest News

BREAKING: Abacha’s Ex-chief Of Staff Oladipo Diya Dies

Published

on

Diya

Retired Lt.General Donaldson Oladipo Oyeyinka Diya, the former Chief of Staff in General Sani Abacha’s military government, is dead.

His death was confirmed by Prince Oyesinmilola Diya. He said the former military administrator of Ogun State passed on to glory in the early hours of 26th March 2023.

Born on the 3rd of April, 1944, Diya was military Governor of Ogun State after the Buhari-Idiagbon coup of December 31st, 1983.

Diya joined the Nigerian Defence Academy, Kaduna and fought during the Nigerian Civil War.

He later attended the US Army School of Infantry, the Command and Staff College, Jaji (1980–1981) and the National Institute for Policy and Strategic Studies, Kuru.

While serving in the military, Diya studied law at Ahmadu Bello University, Zaria, where he obtained an LLB degree, and then at the Nigerian Law School, where he was called to bar as Solicitor and Advocate of the Supreme Court of Nigeria.

He held other top military posts like GOC, 82 Division and finally the Chief of General Staff (military Vice President) to Gen Sani Abacha

The statement read: “On behalf of the entire Diya family home and abroad; we announce the passing on to Glory of our dear Husband,Father, Grandfather,brother, Lt- General Donaldson Oladipo Oyeyinka Diya (Rtd) GCON, LLB, BL, PSC, FSS, mni.

“Our dear Daddy passed onto glory in the early hours of 26th March 2023. Please keep us in your prayers as we mourn his demise in this period. Further announcements will be made public in due course.

“Barrister Prince Oyesinmilola Diya, on behalf of the family.”

Continue Reading

Latest News

Breaking: Appeal Court Retains Adeleke As Osun Governor

Published

on

BREAKING: Adeleke Freezes Osun Accounts , Reverses Appointments After Swearing In As Governor
Governor Adeleke

The Court of Appeal sitting in Abuja has vacated the tribunal judgement that nullified the election of Governor Ademola Adeleke of Osun State.

The appellate court, in a unanimous decision by a three-member panel of Justices, on Friday held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.

Aside from setting aside the judgement of the tribunal, the court, in its lead judgement that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola

Continue Reading

Latest News

BREAKING: PDP Suspends Anyim, Fayose

Published

on

Anyim and Fayose

Former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; Prof Dennis Ityavyar and Aslam Aliyu were on Thursday suspended from the Peoples’ Democratic Party (PDP).

The PDP made the suspension on Thursday after an extensive review of the affairs of the party, pursuant to the provisions of the PDP Constitution (as amended in 2017).

The PDP also referred the Governor of Benue State, Samuel Ortom, to the National Disciplinary Committee over his reported involvement in anti-party activities.

This was disclosed in a statement signed by the National Publicity Secretary, Debo Ologunagba.

“The PDP urges all leaders, critical stakeholders and teeming members of our party across the country to remain united and focused at this critical time,” the statement added.

 

Continue Reading

Top Stories

%d bloggers like this: