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Subsidy: “I am ready to work and listen at any time,’’ We will review the minimum wage to reflect the realities, Says Tinubu

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..Vested interests resisting subsidy removal – Shettima

President Bola Tinubu on Friday said that the national minimum wage needs a review to reflect realities, assuring that improved livelihood for Nigerians remains a top priority of his administration, with more people-focused economic policies.

President Tinubu also advised national and sub-national governments to work together on the issue, which, according to him, already requires “soul searching.’’

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This is as the All Progressives Congress, APC, governors under the umbrella of Progressive Governors Forum, PGF, have thrown their weight on the removal of subsidy.

Speaking when he received members of the PGF led by the Chairman, Senator Hope Uzodinma of Imo State, at the Presidential Villa, Abuja, President Tinubu said that there is the need to look at the minimum wage

According to him, “We need to do some arithmetic and soul searching on the minimum wage,’’ adding, “We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.’’

President Tinubu urged the governors to seize the opportunity of being chosen among millions of citizens in their states to make a difference in the lives of people, adding that he will work for the benefit of Nigerians.

He said, “This meeting is not strange to me, and the content of the meeting is so valuable. The camaraderie is very stimulating. This is about the Nigerian project, not Bola Tinubu.”

He also assured that the multiple exchange rates will be streamlined, noting that governance was a continuum.

He said, “I have inherited the assets and liabilities of my predecessor. This is the first time you entered the Council Chambers, and it is my first time too for a meeting.

“As progressives and thinkers under the umbrella of the All Progressives Congress (APC), you have a role to play in educating our people and making sure we manage ourselves,’’ the President told the governors.

He further said it was a good and encouraging sign that the APC has a majority in the National Assembly and some Houses of Assembly, which will make it easier to develop policies that will directly impact the economy and the people.

“If we work together, the Nigeria of our dreams is not far away. Rest assured that we will not have multiple exchange rates anymore. You asked for this meeting, and I had to set aside time to be here.

“We have a political party that we will need to manage, whichever way, we have inherited assets and liabilities, and we cannot complain,’’ he stated.

President Tinubu said he would maintain an open-door policy, willing to entertain issues, deliberate, and collectively find solutions to the challenges facing the country, including security.

“It is in our hands, and I am ready to work and listen at any time,’’ he added.

In his remarks, the Vice President, Kashim Shettima, called on the governors to rally around the President as he tackles the challenges that stagnate the economy, like the oil subsidy and multiple exchange rates.

“Let us rally around the President and not buckle. There are vested interests that may want to resist the subsidy removal. Its removal will free resources for the development of your states,” he added.

Earlier, the Governor of Imo State pledged the support of the Progressive Governors to the President, noting that the initial decisions already foretell good intentions for the economy.

“We are here today as members of the APC to fraternize with you as our leader, and congratulate you on your election as President, and Commander-in-Chief.

“We are using this opportunity to express our support for you at this trying time in our history,’’ he said.

Uzodinma noted that the President had started well, by placing the economy and welfare of the people on a priority list, with honesty of purpose.

“We are aware of your capacity and excellent track record,’’ the PGF Chairman stated.

Speaking to correspondents later, Uzodinma, declared that Tinubu never prepared the 2023 Appropriation Act that did not provide for subsidy payment beyond June this year, and therefore, he was not the one that directed the cessation of subsidy payment.

Uzodinma, who noted that all the presidential candidates promised to remove subsidy if elected, also said that since every government must inherit assets and liabilities from preceding governments, subsidy removal was part of the liabilities taken over by the Tinubu administration.

The PGF boss recalled that even the National Economic Council (NEC) led by former Vice President Yemi Osinbajo also agreed that subsidy must go.

He said petroleum subsidy was no longer sustainable as he said it was pulling the country down.

Uzodinma noted that it has come to the point where it was either managed or it would kill the country.

He added: “If you’ll recall, government after government attempted to remove subsidy on petroleum products, right from 1999 till date and it has not been 100% successful. After all, subsidy has been removed from AGO and today, 70% of the houses in various metropolis have generators installed as source of energy.

“Now, during the presidential campaigns, the presidential candidates of all the political parties promised that when they assume office they’ll remove subsidy on petroleum products. No presidential candidate of any political party that did not make that promise as part of his campaign manifesto.

“Now what Mr. President did during the inauguration, he did not direct that subsidy should be removed, we already agreed as a government and in the National Economic Council that subsidizing petroleum products is no longer sustainable because for the past two years, we have been borrowing to subsidize and in various meetings.”

Uzodimma lamented the sudden adjustment of petroleum pump price in less than 24 minutes the President announced that subsidy is gone.

Describing it as man inhumanity to nan, the governor contended that the product that was hiked was still the old product that enjoyed the subsidy.

“I am not aware any fuel marketer has imported fuel,” he said.

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BREAKING: Supreme Court Rejects FG Pardon, Upholds Maryam Sanda’s Death Sentence

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The Supreme Court has overridden the pardon granted by President Bola Tinubu to an Abuja-based house wife, Maryam Sanda, who was in 2020 sentenced to death by hanging for killing her husband, Bilyaminu Bello, during a domestic dispute.

President Tinubu had reduced Sanda’s sentence to 12 years imprisonment on compassionate ground.

But in a judgment a on Friday, the Supreme Court, in a split decision of four-to-one, affirmed the death sentence handed Sanda by the Court of Appeal, Abuja which upheld the decision of a HIgh Court of the Federal Capital Territory (FCT), sentencing her to death by hanging.

The Apex Court resolved all the issues raised in the appeal she filed against her and dismissed the appeal for being without merit.

Court orders woman accused of killing husband to enter defence
Justice Moore Adumein held in the lead judgment, which he personally delivered, that the prosecution proved the case beyond reasonable doubt as required, adding that the Court of Appeal was right to have affirmed the judgement of the trial court.

Justice Adumein held that it was wrong for the Executive to seek to exercise its power of pardon over a case of culpable homicide, in respect of which an appeal was pending.

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He Was Visibly Upset’: Tinubu Orders Clearance of N1.5tr Contractors’ Debt — Onanuga

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….Inter-ministerial panel to fix payment delay

President Bola Ahmed Tinubu has directed the payment of N1.5 trillion owed to local contractors.

He raised a multi-ministerial panel to provide a permanent funding solution during yesterday’s Federal Executive Council (FEC) meeting.

Presidential spokesman Bayo Onanuga said the President was ‘visibly upset’ about the situation.

Onanuga said: “He made it very clear he was not happy and wants a one-stop solution.

“The President expressed grave displeasure about the fact that contractors are being owed.”

According to him, the Director-General of the Bureau of Public Procurement (BPP), Dr. Adebowale Adedokun, briefed the Council on the magnitude of outstanding obligations, prompting the President’s directive to constitute a multi-ministerial team to clear the backlog and come up with a funding plan.

Members of the committee are: Minister of Finance and Coordinating Minister of the Economy Wale Edun, Budget and Economic Planning Minister Atiku Bagudu, Works Minister Dave Umahi, Education Minister Olatunji Alausa, Housing Minister Ahmed Dangiwa and Marine and Blue Economy Minister Gboyega Oyetola.

Others are the Director-General of the Budget Office of the Federation Tanimu Yakubu, and the Federal Inland Revenue Service (FIRS) Executive Chairman, Dr. Zacch Adedeji.

Onanuga added: “All of them are expected to sit down, develop a plan as a committee, and then go to the President to tell him the solution they have found in allocating funds to pay contractors.”

He explained that the President was determined to “find the money and fix the problem,” even hinting that the government could borrow to settle verified obligations if necessary.

The development followed weeks of pressure from contractors, who have repeatedly protested delays in payment of certified arrears.

In September, the All Indigenous Contractors Association of Nigeria (AICAN) claimed during demonstrations in Abuja and at the National Assembly that more than N4 trillion was outstanding for 2024 capital projects.

The Ministry of Works had previously acknowledged a significant backlog and launched a verification exercise in January last year to account for roughly N1.5 trillion in unpaid federal highway contracts.

The issue has been further complicated by overlapping budget cycles, with 2024 capital components rolling into 2025.

Last month, the National Assembly approved an additional N1.15 trillion in domestic borrowing to help cover a widened 2025 deficit.

The government also tapped into the international markets with a $2.35 billion Eurobond to bolster its financing needs.

Also on December 3, members of the AICAN got an audience with Edun on the second day of their protest at the Ministry of Finance.

The protesters demanded payment for the contracts they executed for the Federal Government in 2024.

Also yesterday, Umahi expressed the Federal Government’s resolve to engage reputable indigenous contractors in the execution of critical infrastructural projects.

He dropped the hint during an inspection of the reconstruction of the Abuja-Keffi Highway.

The minister expressed satisfaction over the quality of the works on the road, which was awarded for reconstruction in October to JRB Construction Company Limited, an indigenous contractor.

The Abuja-Keffi dual carriageway project is a critical infrastructure development that aims to improve road connectivity and reduce travel time to Nasarawa State where most of the federal civil servants working in Abuja reside.

The project is expected to be completed in March.

The minister said: “This is the kind of organisation that will grow this country. Be assured that Mr. President is aware of what you are doing. And you are going to be paid to the last kobo.”

Umahi reiterated the government’s commitment to empowering indigenous companies.

He added: “We will continue to support and empower indigenous companies that have the capacity to deliver high-standard projects and contribute to the growth and development of the country.

“The recognition of JRB Construction Company Limited is a testament to the company’s exceptional performance and commitment to delivering high-standard projects.

“The company’s reputation as one of the top indigenous construction companies in Nigeria has been reinforced, and it is expected to continue to play a critical role in the development of infrastructure in the country.”

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UPDATE: Tinubu Restates Directive on Withdrawal of Police Escorts from VIPs

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…orders engagement of NSCDC to replace police on VIP guard duties

…seeks conversion of grazing reserves to ranches

President Bola Ahmed Tinubu on Wednesday reaffirmed his directive that police officers currently attached to VIPs be withdrawn and redeployed to conflict-prone areas, insisting that the nation cannot afford to keep essential security manpower away from pressing security theatres.

The President restated the order just before the commencement of the Federal Executive Council (FEC) meeting at the State House, tasking relevant security agencies to immediately implement the directive to strengthen the ongoing fight against terrorism, kidnapping, and violent criminal activity across the country.

“I honestly believe in what I said, and I called the IGP… If you have any security problems because of the nature of the assignment, please contact the IGP and get my clearance,” President Tinubu said, pointing out that exceptional cases would be treated with approval.

He directed that the Ministry of Interior liaise with the Inspector General of Police and the Nigeria Security and Civil Defence Corps (NSCDC) to replace police personnel withdrawn from VIP protection duties.

“The Minister of Interior should liaise with the IGP and Civil Defence structure to replace those police officers who are on special security duties, so that you don’t leave people exposed,” he said.

The President further instructed the National Security Adviser (NSA) and the Department of State Services (DSS) to form a committee to review the structure and ensure full implementation of the redeployment plan.

“NSA and DSS to provide further information and form themselves into a committee and review the structure. It should be effected,” he said.

Expressing concern over the rising incidents of kidnapping and terrorism, President Tinubu stressed that all available manpower must be channelled to areas of need.

“We face challenges here and there of kidnapping and terrorism; we need all the forces that we can utilise,” he stated.

While acknowledging that special circumstances may require security considerations for some individuals, the President insisted that other armed formations must take up such responsibilities.

“I know some of our people are exposed… civil defence are equally armed and I want to know from the NSA to arm our forest guards too. Take it very seriously,” he added.

On the livestock sector, President Tinubu instructed Vice President Kashim Shettima to begin, through the National Economic Council (NEC), the process of identifying grazing reserves that can be rehabilitated into ranches or livestock settlements, describing the reform as a crucial step in ending perennial herder–farmer conflicts.

“Again, especially livestock reform, I think the Vice President should get the NEC first of all to see which villages or grazing reserves can be salvaged or rehabilitated into ranches, livestock settlement.” he said.

The President stressed that converting grazing areas into viable agricultural and commercial hubs would create jobs, expand economic opportunities, and end conflict cycles.

“We must eliminate the possibility of conflicts and turn the livestock reform into economically viable development. The opportunity is there, let’s utilise it,” he noted.

He reminded state governments of their constitutional authority over land and urged them to cooperate in the process.

“If we emphasize the constitutional requirement which says the land belongs to the states… whichever one they can salvage, convert to a livestock village or herders’ village. Let us stop this conflict area and turn it into economic opportunities and prosperity,” the President said.

The renewed directive comes amid the administration’s ongoing security overhaul and the push to modernise Nigeria’s livestock industry as part of broader agricultural reforms under the Renewed Hope Agenda.

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