News
Hardship: How students now trade property to survive
By Francesca Hangeior
The woes of hunger, triggered by the increasing cost of living, have stretched their claws to the lives of students in tertiary institutions.
Gone are the days when undergraduates return to class with cash and other home appliances depicting their high standard of living.
Today many parents or guardians can no longer afford a standard living, talk of transferring such to their children or wards.
Investigation revealed that students in tertiary institutions now sell off some of their home appliances and gadgets to sustain themselves, when the chips are down.
According to Osazuwa Akinola, a student, stated that they buy these gadgets when it is cheap, using their idle cash, while those who have gadgets sell them when they need money to pay bills.
He said: “It is very disheartening to see your fellow student suffer to get food and survive in this harsh economy.
“The economy is not smiling at our parents and guardians, so it is affecting us too.
“Before some of my mates in the hostel comes with bags of food stuff and other useful appliances that helps one relax but now the cost of food has trippled and such scenarios have ceased to exist.
“Businesses in the school vicinity are also not helping matters.
“Seeing we are students they believe we have money and increase the prices of goods once it is a student purchasing them.
“They have forgotten that what is affecting the economy is affecting parents and guardians and also affecting us.
“Many of us now have to tie down our idle cash by buying used home items and appliances like bed, fridge, cupboard, gas cylinder, television set among other things from graduating students.
“And the money gotten from these sales are used to foot their bills.
“But some students who brought these gadgets from home do sell them in times of need at a low price.”
Miss. Lovet Momoh, a 200 level student said she was hoping to have a wonderful standard of living since 100 level in school. But the death of her father coupled with the current state of the economy shattered her dreams.
“When I gained admission late 2022 I was very happy believing I will live like a princess in school.
“Then I lost my dad and my mom’s brother took it on his shoulder to see me through school.
“I never thought things will be difficult as this. I can’t call him for minor needs because it feels very embarrassing to me.
“Then I saw my friends buying used items from graduating students and auction them in mid session.
When I inquired from them they thought me.
“I started buying used items with some of my pocket money and trading them at higher prices online.
“As we all know, the prices of goods and services are increasing and so is that of used items.
“This was and is still my survival means till date while in school.
“God help us.”
News
Customs Service Auctions Impounded Fuel At N630 Per Litre In Oyo State
The Nigerian Customs Service (NCS) on Saturday auctioned about 20,000 liters of Premium Motor Spirit (PMS), commonly known as petrol, at N630 per liter in Ibadan, the Oyo State capital.
The product, intercepted from smugglers, was sold to the public at Afoo Filling Station, Masfala area.
The National Coordinator of Operation Whirlwind, Comptroller Hussein Ejibunu, who flagged off the sale, revealed that the tanker carrying the petrol was seized alongside 30 kegs containing 25 liters each during a smuggling attempt.
The total duty-paid value of the seized 30,750 liters was estimated at N42.75million.
According to Comptroller Ejibunu, the auction followed a court condemnation order after the items remained unclaimed. He stated that the Comptroller General of Customs, Bashiru Adeniyi, directed the sale to improve public access to fuel during the festive season.
Comptroller Ejibunu explained the government’s commitment to ensuring that citizens receive their entitlements promptly, highlighting that auctioning seized goods to Nigerians aligns with government policy.
He cautioned smugglers to abandon their illegal activities, warning that offenders would face prosecution.
Reflecting on a similar operation two months earlier, he noted that seized petrol was sold to the public in Yola, Adamawa State, at the regulated price. Specifically, 25-liter kegs of petrol were auctioned at ₦10,000 each.
He added that legal proceedings against a suspect apprehended during that operation were already underway.
Ejibunu urged Nigerians to support the Nigeria Customs Service by providing information on economic saboteurs, pledging the agency’s dedication to curbing smuggling under the directive of the Comptroller General.
He further explained that a collaboration between the Oyo/Osun Area Command and the Commander of Operation Whirlwind to enhance security, strengthen the economy, and deter smuggling.
News
85 Chinese accused of cybercrime released on bail
Eighty-five Chinese nationals who were remanded at Kuje Custodial Centre in Abuja over alleged cybercrime have been released on bail, Sunday PUNCH has gathered.
The spokesperson for the Nigerian Correctional Service, Federal Capital Territory Command, Adamu Duza, who disclosed this to our correspondent said the Chinese were released on Friday, December 20, 2024.
The suspects were part of a group of 113 foreign nationals arraigned before the Federal High Court, Abuja, on November 24, 2024 on charges of cybercrime, money laundering, and unlawful residency in Nigeria.
The group includes individuals from Vietnam, Thailand, Indonesia, Brazil, the Philippines, Myanmar, and Malaysia, as well as 17 Nigerian collaborators.
Justice Ekerete Akpan, who presided over the case, had initially ordered the remand of the male defendants at Kuje prison and female defendants at Suleja prison.
The charges stem from the allegations that the accused persons used sophisticated computer systems to facilitate hacking activities and operate fraudulent gambling platforms such as 9f.com, c2.top, and 8pg.top.
They were also accused of overstaying their business permits and remaining in Nigeria without valid residency or visas.
The suspects were arrested on November 3, 2024, in Katampe District, Abuja.
Duza confirmed to Sunday PUNCH that the release of the 85 Chinese nationals was supervised by the FCT Controller of Corrections, Ajibogun Olatubosun, to ensure all protocols were followed and their personal properties were returned.
He said, “85 Chinese in our detention facilities have been released on bail. The Controller was on ground to ensure their release and their properties intact.”
News
Yuletide: FG plans 60 buses for inter-state routes
The Federal Government is set to unveil a total of 60 buses any moment from now as part of its commitment to ease the transportation of Nigerians travelling by road during the yuletide season.
This initiative is part of an agreement signed with transport unions under the Ministry of Transportation’s free transportation programme.
The Chairman and Chief Executive Officer of the Presidential Compressed Natural Gas Initiative, Michael Oluwagbemi, disclosed this during an interview with Sunday PUNCH, on Friday.
On Friday, the government, through the Nigerian Railway Corporation, declared free rides for 340,000 train users travelling to their hometowns for the Christmas and New Year celebrations.
Providing further updates on the scheme, Oluwagbemi said the buses for the programme would soon be launched for the benefit of Nigerians.
He explained that the buses would transport passengers travelling between Abuja and neighbouring states, as well as to Lagos, Ibadan, Abeokuta, and other surrounding areas.
Oluwagbemi said, “There is an agreement on the mass-transit programme. You all already know that in Abuja today, we have those 15 buses running interstate from here to Gwagwalada, to Keffi and Nyanya, as well as Zuba in Niger State.
“That programme is already ongoing, and it will be expanded to interstate routes this week. So, we are going to put an additional 60 buses to run interstate here in Abuja and neighbouring states, as well as Lagos, Ibadan, and Abeokuta and neighbouring states.
“These buses will be providing free transportation till the beginning of next year as part of the Ministry of Transportation’s free transportation programme.”
Oluwagbemi also stated that the government planned to reduce transportation costs by converting cab drivers’ vehicles to CNG by the end of January 2025.
He added, “We signed a number of those agreements, but mainly two types of agreements, the transporters-vehicle agreement, where we are converting their vehicles.
“I believe a lot of them are now converted and before the end of January, they should be able to apply those discounts when they reach the benchmark targets.”
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