News
Gunmen Abduct Naval Officer, 7 Others
The police in Akwa Ibom State have confirmed the abduction of a naval rating and seven other persons in the Ibaka Local Government Area of the state.
The confirmation was made by the Police Public Relations Officer, ASP Timfon John, during an interview with the News Agency of Nigeria in Uyo on Tuesday.
According to her, the victims were kidnapped on Monday while relaxing at the Classic Point Hotel in Ibaka.
ASP John revealed that the Commissioner of Police, CP Waheed Ayilara, had already led a team of police officers to the community following a briefing on the abduction.
“The Commissioner of Police has already gone to the community with his team.”
“I can assure you that with that visit by the Commissioner of Police and other strategic approaches being taken, normalcy will return,” she said.
He added that the abductors whisked the victims away to an unknown destination.
Reacting to the incident, the Base Information Officer, Sub.-Lt. Nasiru Omar said he was yet to receive any official information to that effect regarding the abduction.
“I don’t know anything about it yet, you know how we do things if the incident is not official, I cannot say anything about it,” he said.
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Reps Quiz Federal Polytechnics Damaturu, Mubi, Monguno Over Infractions
By Gloria Ikibah
News
Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
News
We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
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