The government Thursday dispossessed restoring the fuel appropriation system as shock became over the climb in ex-station cost of petroleum that raised the siphon cost from somewhere in the range of N145 and N148 per liter to N158-N162 band.
It guarded the fuel sponsorship expulsion, saying it comprised a channel on the nation’s pitiful assets.
Under the fuel sponsorship framework, the ware is retailed at a value lower than the arrival cost with the government paying the differential, which runs into billions of naira.
In the midst of the clamor over the new value system, the government said the expense of the item would from this time forward be dictated by the ideas of the worldwide raw petroleum market, focusing on that acquiring further expenses on under-recuperation has now been halted forever.
The legislature likewise noticed that the quest for an approach of straightforwardness and responsibility was being dug in the Nigerian Public Oil Organization (NNPC), saying that in the following hardly any months, beside the ongoing distributed records of its auxiliaries, the partnership will deliver its gathering’s reviewed records to general society.
The Pastor of Money, Spending plan and Public Arranging, Mrs. Zainab Ahmed, who talked from Abuja during a web workshop composed by the Extractive Enterprises Straightforwardness Activity (EITI), clarified that all the choices were equipped towards enduring the current headwinds presented by the Coronavirus pandemic.
Additionally, the Gathering CFO, Trafigura Gathering Ltd., Mr. Christophe Salmon; Chief, Financial Issues Office, Worldwide Money related Store (IMF), Mr. Victor Gasper; and Strategy Examiner, Items and Fund, Open Eye, Ms Anne Fishman, took an interest in the EITI class arrangement, labeled: “Supportable Obligation or Forthcoming Danger? Why Straightforwardness Matters for Asset sponsored Credits.”
Ahmed likewise said the central government was thinking about obtaining through the asset sponsored plan, yet included that it was considering all the dangers related with it.
She stated: “Our nation Nigeria is experiencing a troublesome financial period in light of the emergency of the Coronavirus pandemic. This equivalent emergency has likewise allowed us the chance to attempt a few changes that have been hard to do previously.
“As a rule, we have built up a monetary improvement bundle of N2.3 trillion, about $5.9bn multi-sectoral financial arrangement. The structure is to have the option to limit the effect on the economy, to forestall constriction of the economy and keep organizations from crumbling and furthermore to secure poor people and powerless.
“In particular, corresponding to the extractive business, we accepted the open door to eliminate fuel appropriation that has been a noteworthy channel on our assets and on the economy.
National Assembly can reorganize Nigeria, I believe in devolution of powers- Muhammadu Buhari
Buhari described reorganizing as a serious issue, adding that in whichever forms it comes be it true federalism or devolution of powers, it remains a constitutional matter.
The President, however, talked on devolving more power to the people.
Buhari said this when he accepted members of the Nigerian Inter-Religious Council (NIREC) led by Co-Chairmen, Sultan of Sokoto, Muhammad Sa’ad Abubakar and President of Christian Association of Nigeria (CAN), Rev. Samson Supo Ayokunle, at the State House on Friday.
“On the contentious issue of restructuring or true federalism or devolution of powers, like you all know, this is a constitutional matter with which only the National Assembly can deal.
“I remain an unapologetic believer in devolving power to the people and that is why I signed the Executive Order granting autonomy to State Legislature and Judiciary,” Buhari said.
Buhari pointed out that autonomy to State Legislature and Judiciary met with some resistance at the state level, leading to a more than two months’ strike action that has cost the country so much.
Buhari said that he believes and hopes that the review of the constitution previously going on at the National Assembly would treat some of the agitating issues in the minds of our people.
June 12 protest is suspended by NANS
NANS president, Sunday Asefon, said this in a talk on Friday morning.
Recollect that NANS had earlier this month pronounced 12 of June,2021 a day of protest.
The talk which was titled, ‘NANS Suspends June 12 Protest Over Concerns About Safety Of Protesters And Fear Of Possible Hijack By Politicians – Comrade Sunday Asefon,’ partly read, “Having considered the current security realities and the danger to the lives of our members in case of possible hijack of the planned protest, I in consultation with all the structures of NANS, therefore, announce the suspension of our proposed protest for June 12.”
In addition, the suspension of the protest was relevant to avoid a clash of interest and clash with security agencies as a result of many other protests scheduled for the date, the protest was suspended for the welfare of students, adding that it doesn’t want to put the life of any of the students in danger.
COALITION OF CONCERNED IRU – VICTORIA ISLAND RESIDENTS
COALITION OF CONCERNED IRU – VICTORIA ISLAND RESIDENTS
IRU VICTORIA ISLAND 2021
APOCALYPSE SET TO LOOM THE RULING
ALL PROGRESSIVES CONGRESS IN IRU V/I LAGOS BASED ON CERTIFICATE FORGERY BY THE INCUMBENT CHAIRMAN OF IRU VICTORIA ISLAND LCDA.
Opposition parties set to hijack Lagos using Iru- Victoria Island LCDA
APC IS SITTING ON A KEG OF GUN POWDER IN LAGOS.
Asiwaju Bola Tinubu
Mr. Femi Pedro (Chairman screening)
Mr. Babajide Olusola Sanwoolu
Dr. Obafemi Kadri Hamzat
Alh. Tunde Balogun
Oba. Gbolahan Lawal
Alh. Hon Omoba Murphy Adetoro
WHY SHOULD THE RULING ALL PROGRESSIVES CONGRESS A SACRED AND HIGHLY REVERENED PARTY ENCOURAGE CERTIFICATE FORGERY IN IRU-VICTORIA ISLAND LAGOS AND EXPECT TO WIN?
THIS HAPPENED 2017 IN IRU VICTORIA ISLAND LAGOS AND IT`S NOT POSSIBLE AGAIN IN 2021; BECAUSE WE WONT FOLD OUR ARMS TO SEE IT REOCCUR.
IT IS CALLED BROAD DAY POLITICAL ROBERY.
THE RULING PARTY ALL PROGRESSIVES CONGRESS SHOULD REMEMBER THAT *“ENDSARS* – *END BAD GOVERNANCE“* ISSUE IS STILL VERY FRESH IN THE MIND OF OUR PEOPLE AND *UNFORTUNATELY LEKKI TOLL GATE* IN IRU VICTORIA ISLAND WAS THE *MASSACRE POINT.*
DESPITE ALL THAT WAS DONE WITHIN IRU VICTORIA ISLAND LCDA DURING THE *“ENDSARS* – *END BAD GOVERNANCE* *PROTEST“,* OUR CHAIRMAN BECAUSE OF HER LOW LEVEL OF EDUCATION, EXPOSURE AND UNDERSTANDING COULDN’T ADDRESS A PRESS CONFERENCE OR EVEN APPEAL TO THE YOUTH.
WE ARE NOT AGAINST THE DECISION OF THE PARTY TO RETURN HER FOR 2ND TERM, WE ARE ONLY CONCERNED ABOUT HER CREDIBILITY AND INTEGRITY.
IT IS OPTIMUMLY CLEAR THAT SOMEONE WHO FORGED HER CERTIFICATE TO BECOME CHAIRMAN OVER US IN 2017 WOULD DO WORST IN 2021.
FOUR YEARS IN OFFICE AS CHAIRMAN OF IRU VICTORIA ISLAND AN AFFLUENT AREA, THE MAIN BUSINESS AND FINANCIAL CENTRE OF LAGOS STATE, NIGERIA.
VICTORIA ISLAND IS ONE OF THE MOST EXCLUSIVE AND EXPENSIVE AREA TO RESIDE IN LAGOS, WE CAN’T CONTINUE TO BE FOOLED BY A SET OF MICRO SCOPIC MINORITY BECAUSE OF PERSONAL INTEREST.
FORGERY IS CONSIDERED A FELONY: THIS IS AN ACT PUNISHABLE BY A RANGE OF PENALTIES INCLUDING JAIL OR PRISON TERM, SIGNIFICANT FINES, PROBATIONS AND DISQUALIFICATIONS.
WHY MUST THE CASE BE DIFFERENT IN IRU VICTORIA ISLAND?
HON RASHEDAT ADU THE INCUMBENT CHAIRMAN IRU – VICTORIA ISLAND LAGOS ALLEGATION OF CERTIFICATE FORGERY, IMPOSITION OF UNQUALIFIED CANDIDATE AGAINST THE POPULAR & CREDIBLE CANDIDATES BY APC LEADERS ARE TOP ON THE LIST OF MANY ISSUES ON GROUND IN IRU VICTORIA ISLAND AHEAD OF THE FORTH COMING LOCAL GOVERNMENT & LOCAL COUNCILS ELECTION IN LAGOS.
A Chieftain of the All-Progressives Congress, who doubles as a serving Supervising Councillor for Budget & Planning Iru V.I Lcda and also Chairmanship Aspirant in the same Iru Victoria Island Hon. Akinwunmi Bayode also demanded the cancellation of the Saturday May 29 2021 APC PRIMARIES. He said it was a Shady primaries called election in Iru – Victoria Island area of Lagos State.
He called the *CHAIRMAN a CLOWN* and the primaries a sham, pre-arranged, hijacked and a total political fraud.
He also mentioned the issue of certificate forgery by the incumbent Chairman of Iru Victoria Island LCDA Hon. Princess Rashedat Adu.
He pointed two former local government Chairmen ( *CHIEF RILWAN ALESHINLOYE & ABAYOMI DARAMOLA* ) who are supposed to be seen as Fathers, fountain of wisdom and peace shocked us by descending to the lowest level of thuggery with violent behaviours.
This is another vital issue.
The Chairman forged certificate succeeded in 2017 but she cannot escape the hammer now in 2021 as *Security agencies are already close on her and her* collaborators.
The party leadership should do the needful by disqualifying her and declare any other successfully screened and credible candidates within the Party.
We must not allow local champions, warlords and cultists to have control of APC in Iru Victoria Island.
This will expose the ruling party to more political dangers.
More also the party must be aware that other Political parties are watching and waiting for this apocalypse to loom the ruling All Progressives Congress for them to leverage on to canvass, cajole and win any election.
It is better the Leadership of the party APC look into this before its too late…
WE ARE COALITION OF CONCERNED IRU – VICTORIA ISLAND RESIDENTS AND WE HAVE THE STRENGTH.
COMRADE OLATUNDUN BOLAJI TAIWO
COALITION OF CONCERNED IRU – VICTORIA ISLAND RESIDENTS.
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