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Update : Tinubu Releases N5bn palliative for each state, “The money will not get to the people,” Says Labour
The organised labour has knocked the Federal Government for releasing a N180bn palliative package to states to cushion the impact of the fuel subsidy removal.
The Nigeria Labour Congress and the Trade Union Congress insisted that the governors could not be trusted, noting that politicians and not the poor would benefit from the N5bn largess given to each state government for disbursement to the citizens.
The Federal Government on Thursday announced an N5bn palliative for each state of the federation and 180 trucks of rice as part of measures to assuage the pains of the subsidy removal.
The policy, which led to sharp and multiple increases in fuel pump prices, has driven up the prices of goods and services, pushing millions of Nigerians into poverty and worsening the socio-economic situation in the country.
The development also triggered nationwide protests by organised labour which insisted on the repair of refineries as a precondition for the subsidy withdrawal.
But announcing the release of the palliative at the end of the 135th National Economic Council meeting presided over by Vice President Kashim Shettima in Abuja, the Borno State Governor, Babagana Zulum, disclosed that the N5bn was to enable the state governments to procure 100,000 bags of rice, 40,000 bags of maize and fertilizers to cushion the effect of food shortage across the country.
He added that considering the urgency in meeting the need to mitigate the skyrocketing food prices across the country, the Federal Government had last week released five trucks of rice to each state of the federation.
Shettima explained, “NEC met today and expressed serious concerns as regards increasing cost of food items, increasing cost of transportation amongst others as a result of subsidy removal. In order to cushion the effect of subsidy removal, the federal government released five trucks of rice to each state last week.
“Furthermore, in order to cushion the effect of food shortages across the country, the Federal Government has approved the sum of N5bn to be given to each state for the procurement of 100,000 bags of rice, 40,000 bags of maize, and fertilizers.
“This funding has to be shared with a formula as follows: 52 percent of this money is given to states as grants, while 48 per cent of the N5bn is to be paid back on an installment basis within a period of 20 months to the CBN by the states and the local government areas in Nigeria.
“The council commended the efforts of the Federal Government under the leadership of President Tinubu as well as the CBN. We have also commended the efforts of NEMA in cushioning the effects of the subsidy removal.
“Council has taken bold decisions in order to ensure speedy release of grains and other items in order to cushion the effects of subsidy removal on the less privileged in the society.’’
He noted that the council took bold decisions in order to ensure the speedy release of grains and other items for immediate distribution to the less privileged in society.
Shettima added, “The council has also taken note of the $800m loan and insists that it be strictly used for the intended purpose and based on an accurate and acceptable register. The $800m announced by the president will go to Nigerians in accordance with an accurate social register.
“Furthermore, the council has also noted the package that was announced by the President in order to cushion the effect of subsidy removal, amounting to about N500bn.
“This fund has to be distributed to the following sectors: MSMEs, industrial sector; about N125 billion will go for cash transfers, agricultural sector as well as gas expansion for buses.
“And because of the increasing cost of fossil fuel, the federal government intends to establish more gas stations in Nigeria and procure more gas-powered buses, CNG buses as well as electric buses.”
He said the council commended the efforts of the Federal Government and the CBN in addressing the current situation in the country.
In a bid to create a forum for dialogue towards resolving issues surrounding the petrol subsidy removal across the states, the NEC which is made up of governors of the 36 states, the governor of the Central Bank of Nigeria, and other government officials, constituted an ad hoc committee to engage with the leadership of labour unions.
According to a statement released by the Office of the Vice-President, the committee comprised the Nigerian Governors Forum Chairman, AbdulRahman AbdulRazaq; Governor of Anambra State, Chukwuma Soludo; Chairman of Progressives Governors Forum, Hope Uzodinma of Imo State; PDP Governors Forum Chairman, Bala Mohammed of Bauchi State, and Abia State Governor Alex Otti.
The VP said the committee would liaise with the leadership of labour unions in the country to find a way forward on the emerging issues in the interest of the nation.
The council also received progress reports on the ongoing nationwide distribution of rice, grains, fertilizer, and other items to states and N5bn financial support, provided by the Federal Government and commended the Central Bank of Nigeria and the National Emergency Management Agency for their interventions.
It also noted the various interventions by state governments and urged them to upscale the distribution of palliatives towards alleviating the suffering of citizens, especially vulnerable groups.
The statement read, ‘’During the meeting, details from some accounts of government were revealed such as Excess Crude Account from 19th July to 14th August 2023, $473,754.57; Stabilisation Account from 18th July to 14th August, N30,346,557,405.12 and Natural Resources Account from 18th July to 14th August 2023, N115,175,616,159.65.”
Similarly, the NEC assessed the state of the economy, particularly investment, and the forex crisis, among others.
It stated, “Investment inflows have dwindled since 2019, likewise the country’s investment/GDP ratio; Crude Oil exports and refined petroleum products imports dominate Nigeria’s trade structure; Nigeria’s Naira position against major trading currencies deteriorated; Weak FX supply and heightened demand for imports remains core drivers of exchange rate instability; market volatility persists despite recent FX alignment, driven by pressure on FX demand that widens the gap between official and parallel market rates due to inadequate supply and speculative tendencies; external reserves remain under pressure as external reserves fell by 8.3 percent from 37.1bn in January 2023 to 33.9 billion in July 2023.”
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But reacting to the government’s interventions, the Assistant National Secretary-General of the NLC, Mr Chris Onyeka, wondered why the FG was releasing money to governors, many of whom he said had refused to pay the minimum wage.
He dismissed the palliative fund as paltry, noting that it would not get to the intended beneficiaries.
“The money will not get to the people, let them share the money as they want but what the NLC agreed with them were certain milestones. The NLC will close its eyes to what the Federal Government is trying to give to the governors.
“To us as far as we are concerned, NLC will still stick to the milestones that we have agreed on, we will insist that those things are discussed and implemented to the letter.’’
“When the Federal Government wants to subvert the instrument of dialogue, it intentionally creates problems. The Federal Government had already started engaging using this instrument when they engaged the NLC; for them now to go and sit down at the level of the Nigeria Governors’ Forum and to go and pretend to give them money is a subversion of social dialogue, subversion of peace, and a subversion of democracy because it is not democratic.”
Speaking in the same vein, the TUC Deputy National President, Tommy Etim stressed that governors could not be trusted with the implementation of the palliative funds.
“It is one thing to make pronouncements, implementation is another thing. I am sure you remember what happened to the COVID-19 palliatives in 2020 when foodstuffs were stored in warehouses and kept from hungry citizens. Same thing with the issue of the Paris Club relief fund that some governors went to hide in the bank so that they could get some from it while citizens were starving.
“We need a body that will follow up on the implementation because left to the state governors, the palliatives may not get to places where it should get. We need a body that will make them accountable. We need the citizens to be aware. The body should let everyone know when each state gets its own relief (package). Everyone should know the details that are received by each state, how the packages were distributed,’’ he suggested.
Also, the NLC President, Joe Ajaero, said the Federal Government was about sharing N2,000 and a cup of rice to poor people across the country.
He also stated that the governors could not be trusted, as most of them were not paying minimum wage, adding that no committee was established to ensure the successful implementation of the initiative.
Ajaero said, “N5bn multiplied by 36 states is going to give you N180bn. So if you divide that with the official figures from the National Bureau of Statistics, which says that 133 million Nigerians are multi-dimensionally poor, and calculate it, you will get about N2,000 each for those who are poor.
“That is the official statistics of the government, but you and I know that the actual figure is more than that. So is that what to celebrate? And then, five trucks or there about, of rice to a state. The poor people of these states cannot get one cup of rice. It will not go round.
“Even if you pick them from the poverty bracket, it will be difficult for them to get one cup of rice. Is that the best we can do? Is that the best approach to governance? So do we look at our people as people we should give one cup of rice and N2,000? Is that palliative?”
He said the government should be serious with governance that served the interest of the people.
“Who are governors you are giving it to? Is the governors who have not paid minimum wage? Is there any committee to ensure the effective disbursement of that which is very insufficient?.
The Deputy Secretary General of the Maritime Workers Union of Nigeria, Mr Erazua Oniha, was opposed to release of money to the states, pointing out that rehabilitating the refinery was a better idea.
He added, ‘’We feel repairing the refineries will be a better deal for all of us. The promise by the government to ensure that the Port Harcourt refinery is working is a deal for all of us, for me as an individual and a concerned citizen of the Federal Republic of Nigeria because when you multiply the amount by the number of states, it can repair some of the refineries and solve all these problems.’’
The Nigeria Governors Forum could not be reached for comment on the allegations that state governors would frustrate the palliative programme made by the organised labour. Its spokesperson, Abduleazaque Bello-Barkindo, did not respond to calls and he had yet to reply to a text message on the issue as of the time of filing this report last night.
In acknowledgment of the current hardship brought about by his policy, the President has again appealed to Nigerians to bear the pains caused by the removal of petroleum subsidy, saying ’’the hardship of today will give way to a better tomorrow.’’
The Commander-in-Chief stated this at the public presentation of the autobiography of elder statesman, Edwin Clark, in Abuja on Thursday.
Represented by the Secretary to the Government of the Federation, George Akume, Tinubu urged Nigerians to be patient saying the palliatives being rolled out by the Federal Government would soon cushion the effect of the hardship.
He said, “Solutions to the challenges of subsidy removal are being churned out daily but they are not immediate. The hardship is but for a moment. Palliatives have been rolled out and more are still being rolled out and there is hope that tomorrow will be better than today.”
Akume noted that Dave Umahi’s appointment as the Minister for Works was an indication that “the President is a rewarder of those who work diligently in service to their people.’’
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Tinubu Announces $20bn FDI Inflow, Signals Growing Investor Confidence
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……..APM Terminals pledges $600m
Speaking during a panel session at the ongoing Africa CEO Forum, President Tinubu attributed the inflow to reforms aimed at improving transparency, efficiency, and investor confidence in the country.
He said his administration’s policies were positioning Nigeria as an open and competitive destination for investment.
“In Nigeria, we’ve attracted nearly $20 billion in direct investment this year because we are efficient, transparent, and open for business,” President Tinubu said.
He said that Nigeria would no longer permit the export of raw minerals without local value addition, noting that the country possesses the capacity to manufacture products such as electric vehicle batteries from its mineral resources.
He said: “With our metals, we can produce batteries for cars. The private sector brings capital and expertise, but government must de-risk and create the enabling environment. That partnership is how Africa moves forward”.
He also canvassed for stronger economic integration across the continent, urging African countries to move beyond rhetoric and fully activate the African Continental Free Trade Area (AfCFTA).
According to him, Africa needs to put its money where its mouth is and build a new relationship with its own resources.
“We have the African Continental Free Trade Area—it must not sit on the shelf. It needs to be activated properly through collaboration and effective use of resources, not by working in silos,” President Tinubu said.
He advocated an “Africa First” approach to development, insisting that African resources should primarily benefit the continent through local processing and manufacturing.
“We don’t want scavengers and extractors. We want partners who process and manufacture locally,” President Tinubu said.
Speaking on industrialisation, President Tinubu cited the success of the Dangote Refinery as proof that Africa could undertake large-scale projects with the right support framework.
According to him, Nigeria overcame years of dependence on imported petroleum products after supporting the establishment of the refinery through policy backing, credit support, and licensing approvals.
He said: “Today Nigeria is a net exporter of PMS, aviation fuel, and other products. Dangote is supplying aviation fuel across Africa and to European airlines”.
He also called for reforms to intra-African trade and financial systems, questioning the continent’s reliance on foreign currencies for trade transactions.
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“If you produce in Nigeria, you can trade in naira. Why should African trade depend on dollars? That adds cost and instability,” President Tinubu said.
He proposed the establishment of an African commodity exchange platform that would enable direct trade among the continent’s 54 countries.
On the issue of mobilising African capital for development, President Tinubu said governments must create stable legal and policy environments capable of attracting long-term investment.
He said: “Capital is cowardly. It needs transparency, accountability, and stability”.
He also advocated the creation of an African credit rating agency, arguing that existing global rating institutions do not adequately understand African markets and risks.
“The big American agencies dominate 95 per cent of the market, but they don’t understand our risks and opportunities,” President Tinubu said.
He noted that in addressing Africa’s digital infrastructure deficit, Nigeria is laying 19,000 kilometres of fibre optic cables nationwide to expand connectivity and support the digital economy.
“That’s how we bring lessons to children, connect families, and enable traders,” President Tinubu said.
He added that Africa must invest beyond basic telecommunications and build full digital infrastructure systems, including data processing, storage, artificial intelligence, and e-commerce capabilities.
He said: “We need to fund Africa’s shift from basic telecoms to AI and e-commerce”.
He further expressed optimism that the AfCFTA would eventually boost intra-African trade, despite political and structural barriers currently slowing integration efforts.
He said: “Pan-Africanism can’t remain a slogan. It has to be lived”.
He also urged African leaders to strengthen regional alliances and economic cooperation in response to global economic shocks and geopolitical uncertainties.
“If Europe can build alliances and move forward, so can we. Africa has everything we need here. What we require is good policy and the will to act.
“We don’t want our children dying at sea trying to reach elsewhere. We have the resources. We just need to help each other and push together. That is the only way to build an inclusive and prosperous Africa,” President Tinubu said
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Obasa Saga : Desmond Elliot Nearly Ruined My Chief of Staff Appointment — Gbajabiamila Reveals
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Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, has disclosed that he almost lost his position last year due to the alleged involvement of actor-turned-politician Desmond Elliot in the political crisis that rocked the Lagos State House of Assembly during the speakership tussle involving Mudashiru Obasa.
Speaking in a video widely circulating on social media on Thursday, Gbajabiamila narrated how Tinubu summoned him to his residence in Abuja at the height of the Obasa impeachment saga.
According to the CoS, the president confronted him over intelligence reports linking Elliot, who represents Surulere Constituency I in the Lagos State House of Assembly, to efforts to destabilise the state legislature.
“I almost lost my job as Chief of Staff last year because of Desmond Elliot. Mr. President called me to his house in Abuja during the Lagos Speaker Obasa saga. He said, ‘I hear this Desmond is your boy, the one we gave you,’ and I said, ‘Yes, sir.’ He is one of the people causing problems in the Lagos House of Assembly,” Gbajabiamila stated.
Gbajabiamila further revealed that he had to defend Elliot against the allegations.
“Immediately I said to Mr. President, no, no, no. Desmond is not part of them.
“I haven’t even spoken to him. I didn’t know whether he was part of that. I said, no, he’s not part of them.”
According to him, Tinubu said, “I’m telling you from intelligence that he is part of them. Go and tell him to retrace his steps. This is what Mr. President told me. I said, yes, sir.”
He said he called the lawmaker to inform him of the development.
“I called him. That’s what I told him. Just like the President, this is what he said.
“If you are one of these people, if you are part of them, get out of there.”
He added that the Director-General of the Department of State Services also contacted him regarding his and Elliot’s alleged involvement.
“Three days later, the Director General of DSS called me and said there’s a problem. Your name is being mentioned all over the place.
“That you are the one behind, you are supporting Desmond in this event. Of course, the President will not believe that Desmond would do such a thing and I will not know what it sounds like.
“I told the DSS, I’m going to have to talk to Desmond.”
“I told him, I’m going to have to talk to Desmond. He has not done anything. I called him again.”
The Chief of Staff said he asked Elliot to issue a statement vindicating himself of the allegation, which he allegedly did not till date.
The Obasa impeachment saga erupted on January 13, 2025, when a majority of the Lagos State House of Assembly impeached the long-serving Speaker while he was vacationing in the United States.
Lawmakers accused him of gross misconduct, abuse of office, high-handedness, poor leadership, persistent lateness to sessions, and alleged financial impropriety/mismanagement of Assembly funds.
His deputy, Mojisola Meranda, was immediately elected as the new Speaker, becoming the first female to occupy the position.
Obasa rejected the impeachment as illegal and unconstitutional, insisting due process was not followed.
The crisis triggered weeks of tension, court cases, parallel claims to leadership, and interventions by APC national leaders and Tinubu.
It was eventually resolved when Meranda resigned, paving the way for Obasa’s reinstatement as Speaker.
The incident comes amid growing resistance to the lawmaker’s bid for a fourth term in the Lagos State House of Assembly.
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APC Launches Reps Primaries, Embraces All-Inclusive Screening Approach — Morka
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Abbas, Kalu, Ihonvbere, Doguwa, Faleke, Obasa, Amaewhule, others in race for tickets
Primaries to pick candidates of the All Progressives Congress (APC) for next year’s elections begin tomorrow.
Aspirants for House of Representatives tickets will take the first shots across the 360 constituencies.
As of last night, the party’s national secretariat was busy coordinating reports from screening centres, while appeal committees also sat to consider different cases as they arose.
“The process is tough, and the schedule is tight,” a member of the party’s National Working Committee (NWC) told The Nation.
The party assured its members that, despite the logistical difficulties, the process would proceed as planned.
Leading lights of the party, which controls an overwhelming majority in the Green Chamber, such as Speaker Abbas Tajudeen, Deputy Speaker Benjamin Kalu, House Leader Prof. Julius Ihonvbere, spokesman Akin Rotimi, long-standing member Ado Doguwa, Finance Committee Chairman James Abiodun Faleke, former minister Nkeiruka Onyejeocha, Chijioke Edoga and Leke Abejide, who defected from the African Democratic Congress (ADC), are among those seeking tickets to return.
Among those seeking a return to the House are Bimbo Daramola (Ekiti), Kafilat Ogbara (Lagos), Oluwole Oke (Osun) and Donald Ojogo (Ondo).
There are also high-profile lawmakers from state Houses of Assembly bidding to move to the House of Representatives.
These include Speakers Mudashiru Obasa (Lagos) and Martins Amaewhule (Rivers).
National Publicity Secretary Felix Morka said the date fixed for the intra-party selection is sacrosanct.
The screening of the contenders has set the stage for what is largely expected to be direct primaries and, in some cases, consensus arrangements.
According to the APC guidelines, direct primaries should be adopted where consensus agreements fail.
Sources said the panel cleared all aspirants from Lagos, Ondo, Ekiti, Enugu and Rivers states.
However, a source said members of the Appeal Committee were at the Treasures Suites in Abuja handling last-minute petitions arising from the screening exercise.
According to the source, governors still hold the ace, having been saddled by the party with negotiating the “mode of primary” best suited for their respective states.
A senior party official confirmed that the committee refused to bow to external interference.
He said despite intense lobbying and “pressure from opponents,” the screening panels opted for an all-inclusive approach.
The source added: “No aspirant was disqualified. I was part of the team that handled Lagos, Ondo, Ekiti, Enugu and Rivers states, and I am sure that all the aspirants were cleared.
“There was pressure to disqualify some, but the screening committee stood its ground.”
The party’s National Working Committee (NWC) reviewed the report of the screening committee on Tuesday and yesterday.
While the official results have not been formally gazetted, sources at the party’s headquarters confirmed that the reports have been ratified.
Already, the NWC has dispatched primary election committees to the states to liaise with governors for rancour-free shadow elections that will produce acceptable candidates.
A member of the NWC reiterated the party’s resolve to adhere to the revised schedule of activities and timetable.
He said: “We have done everything possible for the primaries to be held as scheduled.”
Emphasising that the timetable would not change, Morka said the clarification became necessary following misleading reports.
He said the primaries will be held as follows: senatorial, May 18; House of Assembly, May 20; governorship, May 21; and presidential, May 23.
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