News
ADC, Obidients decry uncontrolled fuel price
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2024/03/fuel.jpg&description=ADC, Obidients decry uncontrolled fuel price', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2024/03/fuel.jpg&description=ADC, Obidients decry uncontrolled fuel price', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
The African Democratic Congress has criticised the Federal Government’s decision not to intervene in the rising petrol price, warning that leaving the sector entirely to market forces could worsen the economic hardship already facing millions of Nigerians.
This is as the Obidient Movement Worldwide urged the Federal Government to come out clean on the situation of the country, saying lack of transparency was undermining the country.
The backlash followed recent remarks by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who ruled out price controls despite rising geopolitical tensions in the Middle East that have triggered volatility in global oil markets.
Edun, who spoke during an interview on Channels Television’s Politics Today, said the government would maintain its market-based pricing policy for petroleum products, stressing that intervention would only be considered as a last resort.
However, opposition leaders argue that the policy would expose Nigerians to “unbearable fuel price shocks” at a time when the cost of living remains high.
Commenting on the Federal Government’s stance, The National Publicity Secretary of the ADC, Bolaji Abdullahi, said the government must urgently introduce a temporary cap on petrol prices to protect citizens from the harsh effects of market volatility.
He said it was not yet time to throw the people into the hearts of the market, calling on the government to do whatever it takes to protect the people.
“If this APC government claims to be a progressive one, why do they seem to favour neoliberal policies all the time, regardless of how it punishes the people? So, we are saying that the removal of the subsidy in the first place was wrong.
“What they needed to do was to re-target the subsidy to the poorest citizens who need it. But now, we have seen the results. A report that came out yesterday said 63 per cent of Nigerians are struggling to survive,” he said.
The ADC spokesman expressed concerns that the ruling APC-led government had shown over and over again that it had little or no care for the masses.
“With this development, the matter is even worse. That’s why we say, look, you cannot continue to leave this to market forces. You have to step in now to cap the price of petrol. If the price of petrol goes beyond this threshold, as a result of what is happening in the world, the federal government will need to step in to bridge the difference.
“That’s what a government should be doing, but these people in government don’t care. All they are interested in is the politics of 2027. They are only thinking about how many senators and governors have defected to their party. The president is also there saying the game is sweet if you are winning. That’s all they are interested in,” he added.
Also commenting, the National Coordinator of the Obidient Movement Worldwide, Dr Yunusa Tanko, accused the government of failing to communicate honestly about the country’s economic realities.
He said the government needed to be more open and truthful about the real situation of the country.
“If you tell the truth, people will be prepared. They will be prepared for the unforeseen circumstances. This particular government lacks the communication skill of giving the right information to the people, and that has brought us to our knees as we are.
“People are really suffering, and we cannot continue like that. So, they need to come out clean to tell the true situation of the country to the people so they can be more prepared. Anything short of that will end up in a more disastrous situation.
“The US, Iran, and Israel war may even escalate beyond what we are thinking. So, how prepared are we?” he queried.
But the acting National Chairman of the Labour Party, Nenadi Usman, took a different view, arguing that the government’s earlier decision to deregulate the oil sector means it couldn’t return to price controls.
Usman spoke with our correspondent through her Senior Special Adviser on Media, Ken Asogwa.
She said, “From the outset of this administration, they said they had deregulated the oil industry. By the removal of fuel subsidy, what it meant was that the oil industry had been deregulated. So, I am not talking politics this time. I’m just being as crystal clear as possible.
“Now, if the FG had deregulated the oil industry and removed the subsidy, I don’t know why we should be inviting them back to start applying price control again in the industry.
“I believe what’s happening here is the ripple effect of what’s going on in Iran and the closure of the Straits of Hormuz by the Iranian government, which is happening all over the world now, even in Britain and America.
“The price of gasoline has tripled in those countries. So, I don’t think it’s a peculiar thing in Nigeria. For me, I think Nigeria should clamour for other things, not necessarily subsidy or price control intervention. Anyone following international politics should understand that this is a global problem.”
News
Reps Gives MREIF Boss Final One-Week Reprieve Over Housing Fund Probe
By Gloria Ikibah
The House of Representatives Committee on Housing and Habitat has granted the management of the MOFI Real Estate Investment Fund (MREIF) a one-week extension to appear before lawmakers as part of an ongoing investigation into the fund’s operations, performance and administration.
The committee had initially summoned MREIF Managing Director and Chief Executive Officer, Dr Armstrong Ume Takang, alongside members of the fund’s management team, to appear on Tuesday, 2 June 2026, for a comprehensive review of the initiative and several petitions submitted against it.
The Committee Chairman, Rep. Abdulmumin Jibrin, said the investigation was aimed at ensuring the fund was operating in line with the objectives set by President Bola Tinubu and delivering on its mandate.
According to him, the exercise seeks to determine whether the administration and performance of MREIF are meeting public expectations while also addressing concerns raised in petitions before the committee.
However, in a letter addressed to lawmakers, Dr Takang acknowledged receipt of the summons and expressed the fund’s willingness to cooperate fully with the National Assembly’s oversight responsibilities.
He explained that he was outside Abuja on an official engagement that had been scheduled before the committee’s invitation was received and requested a new date for the hearing.
The MREIF chief also assured lawmakers of the organisation’s readiness to engage constructively with the committee.
Responding to the request, Jibrin said the committee had agreed to postpone the hearing by one week in the interest of fairness and cooperation.
He stated that the session had now been rescheduled for Tuesday, 9 June 2026, stressing that the extension was granted specifically to allow the managing director to appear in person.
The committee maintained that Dr Takang’s personal appearance was crucial to its inquiry and could not be delegated.
Jibrin reiterated the committee’s determination to conduct a thorough and impartial investigation into the management of the fund, which was established to expand access to affordable home ownership for Nigerians.
He said the committee remained committed to addressing all issues raised in the petitions before it while ensuring transparency, accountability and effective implementation of the housing initiative in line with the vision of the Tinubu administration.
The lawmaker further stated that the committee expects Dr Takang and the entire MREIF management team to appear before it on the new date without fail.
News
FG stops three-month Pre-retirement leave for civil servants
The Federal Government abolished the three-month preretirement leave for civil servants.
This was contained in a circular titled “Correct Interpretation of Public Service Rule 120243 on Pre-Retirement Activities,” issued by the Head of the Civil Service of the Federation, Didi Walson-Jack, and addressed to top government officials, including ministers, permanent secretaries, service chiefs, heads of agencies, and other senior public sector administrators.
According to the circular, FG directed Ministries, Departments, and Agencies to immediately discontinue the practice of placing civil servants on what is commonly referred to as a mandatory three-month preretirement leave.
Walson-Jack argued that such a provision does not exist in the Public Service Rules, adding that several MDAs had wrongly interpreted the retirement notice period as an automatic leave period, leading to the premature withdrawal of officers from active service.
The Public Service Rule, according to her, only requires officers due for retirement to give three months’ notice before their exit date, attend a one-month pre-retirement workshop or seminar, and use the remaining period to regularise service records and pension documentation.
Nigeria’s federal civil service retirement framework is governed by the Public Service Rules and the Pension Reform Act.
Under the rules, civil servants retire upon attaining 60 years of age or after 35 years in service, whichever comes first.
The Head of Service’s directive seeks to standardise the implementation of the Public Service Rules across government institutions and to prevent manpower losses resulting from the early disengagement of experienced officers
“The so-called ‘mandatory three-month pre-retirement leave’ has no basis in the Public Service Rules,” Walson-Jack stated.
She explained that Rule 120243 establishes three distinct requirements: a notice obligation, attendance at a pre-retirement seminar during the first month, and completion of retirement-related documentation during the remaining two months.
“A retiring officer must give three months’ notice before their effective date of retirement. This is a notice requirement, not a leave entitlement,” the circular stated.
Civil Service Commission
She stressed that retiring officers remain public servants throughout the notice period and are expected to continue performing their official duties unless they are attending approved retirement workshops or have been granted leave under existing regulations.
“PSR 120243 does not exempt retiring officers from official duties during the notice period, except where they are attending an approved pre-retirement workshop or seminar, or are otherwise authorised to be absent under extant leave rules,” the circular added.
In view of the above, all MDAs have been directed to stop compelling retiring officers to vacate their posts before their official retirement dates.
Under the new directive, ministries and agencies must ensure that retiring officers continue to discharge their responsibilities, participate in approved pre-retirement programmes, and complete all pension and service record reconciliations before leaving service.
The latest circular seeks to end that ambiguity by affirming that the three-month period is primarily a notice and administrative preparation window, rather than an automatic absence from duty.
The circular further instructed permanent secretaries, directors-general, executive secretaries, chairpersons of statutory agencies, and chief executives of government organisations to bring the directive to the attention of all staff and ensure strict compliance.
The government said it believes the measure could improve service delivery by ensuring that retiring officers continue contributing their expertise until their official exit dates while simultaneously completing documentation required for pension processing.
News
Six members of same family shot dead during domestic dispute in US
Six people were killed in the US state of Iowa after a series of shootings that appeared to stem from a domestic dispute, police said.
The suspected shooter also was found dead with a self-inflicted gunshot wound, according to the Muscatine Police Department.
The victims are believed to be family members of the suspect, identified as Ryan Willis McFarland, 52, of Muscatine, the department said.
Muscatine Police Chief Anthony Kies called the shooting an “act of evil”.
The shootings took place on Monday at multiple locations within the city of Muscatine.
Police received a report of a shooting just after noon on Monday. When officers responded to a home, they found four people with gunshot wounds, police said.
All four victims were pronounced dead at the scene.
McFarland had left the residence before officers arrived, but officials found him shortly after on a riverfront trail near a pedestrian bridge.
He had a self‑inflicted gunshot wound, police said, and received medical aid, but was pronounced dead at the scene.
Detectives later found another man dead from an apparent gunshot wound in a different residence. A further search led officers to a business, where they found another victim, also dead of an apparent gunshot wound.
Online maps show a metal workshop at the address provided by police.
“Preliminary findings indicate the shootings stemmed from a domestic‑related dispute,” McFarland police said in a statement. “All victims are believed to be family members of the deceased suspect.”
Kies did not give the names or ages of the victims and noted that the investigation is ongoing.
He confirmed the suspect had an existing criminal record but did not share any further details.
Muscatine, in the southwest of Iowa, sits on the Mississippi River and has a population of approximately 23,500 people, according to US government data published last year.
Mayor Brad Bark wrote in a post on Facebook: “Our hearts are heavy tonight after the tragic shootings that claimed innocent lives.”
Source: BBC
-
News24 hours agoRead words on marble from FCT minister Wike’s media chat ongoing
-
News24 hours agoWike–Yesufu face-off takes fresh twist as his aide calls her ‘idoti’
-
News22 hours agoWike: Rural Roads, Water Projects Cutting Insecurity in FCT Communities
-
News21 hours agoWike Faults Opposition Parties, Says Crises From Primaries Exposed Their Fake ‘Messiah’ Claims
-
Metro19 hours agoSad: Gunmen kill two police officers returning from duty in Anambra
-
News21 hours agoRead snippets from Wike’s ongoing monthly media chat below
-
Economy19 hours agoSee Exchange Rate Naira To The Dollar, Today June 1
-
News19 hours agoMiddle East conflict: US, Iran exchange fire as negotiations stall
