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FG Expresses Hope For Reduction In Petrol Pump Price

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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has expressed optimism for a reduction in fuel pump price, adding that the Federal Government is giving relevant parties a chance to reduce the cost of petrol.

This followed the lifting of petrol by the Nigerian National Petroleum Corporation Limited (NNPC Ltd) from the Dangote Petroleum Refinery on Sunday.

Edu who was present during the lifting of the petrol congratulated the Founder of Dangote Refinery, Aliko Dangote and his team for the feat.

He also congratulated the NNPC Ltd, led by the Group Chief Executive Officer, Mr Mele Kyari, the Ministry of Finance, and the Chairman of the Federal Inland Revenue Service (FIRS) for their respective contributions so far.

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The minister opined that Nigerians look forward to energy security and energy sufficiency, adding that relevant stakeholders “can also address the issue of cost.”

He said the fuel pump price will ultimately reduce, with more efficient manufacturing at full capacity and sustained local petrol distribution.

According to him, since today marked the commencement of petrol lifting from the Dangote Refinery, the federal government has given relevant oil stakeholders a chance to reduce petrol prices.

He said, “We’re expecting that as this refinery, and even others, ramp up production, scale, and achieve greater economies of scale, there should be the opportunity and there is definitely the potential to reduce their costs, which should be passed on to the consumer.

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“So, we have to give them a chance. They have just started, and they have done very, very well.”

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Sunday Dare Slams El-Rufai, Amaechi For Opposing Tinubu’s govt, says you’re all ‘wannabes’

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By Kayode Sanni-Arewa

Sunday Dare has slammed El-Rufai and Amaechi for opposing the Tinubu Government.

Dare, special adviser to President Bola Tinubu on media and public communication, has described the president’s political opponents as “wannabes.”

Dare said the president is not deterred by the constant barrage of criticism from the opposition

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This is coming days after former Governor of Kaduna State, Nasir El-Rufai, and former Minister of Transportation, Rotimi Amaechi, openly criticised Tinubu’s administration.

Recently, El-Rufai accused the ruling All Progressives Congress (APC) of founding principles, saying he doesn’t recognise the party the again.

“You cannot afford to have illiterates, semi-illiterates, and cunning people as your leaders.

“This is why we end up with the poor leadership we have today,” he said.

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In another tweet, the ex-governor, who is still a member of the party said he would criticise the APC even if he was in Tinubu’s government.

On his part, while speaking on how to take power from a sitting president, Amaechi said Tinubu and the political class would not cede power to the younger generation without a fight.

Reacting to their comments on Saturday, Dare said advised president’s “detractors” to wait for the 2027 polls to test their popularity.

“While President Bola Ahmed Tinubu of Nigeria was away in far away Dar es Salaam, capital of Tanzania, his political opponents, detractors, opposition elements, pseudo friends unfolded their Machiavellian inclinations,” he said in a post on X.

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“Indeed, while the President was seeking solutions to Nigerias’ energy problems in Dar es Salaam, some “wannabes “were heating up the polity.

“Expectedly, it was a gathering convened to further spread ill will. Nothing new came out of the gathering different from the opposition script we are used to. A few of the participants went overboard in their vitriol, fanning the embers for adopting undemocratic actions.

“These political gladiators have antecedents that are well known. We urge Nigerians to begin their scrutiny early. And choose between political hecklers and real progressives. The clouds are beginning to clear. The stage sets soon. The combat begins.

“Until then, President Tinubu, an avowed democrat remains undistracted and unperturbed. The fight is ahead. Not now. The only conversation he wants to have now is how to improve the lives of Nigerian citizens and constructive discourse on building a resilient economy.”

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SAD! 30 passengers burnt to d3ath in Ondo auto crash

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Thirty passengers have been burnt to death in an auto crash that occurred in the Odigbo Local Council Area of Ondo State.

The incident occurred on Saturday, when two commercial buses had a head-on collision and burst into flames at the Onipetesi axis along the Ore/Lagos Expressway.

With 32 passengers involved in the accident, 28 were burnt beyond recognition while two survivors rescued with serious injuries died before getting to the hospital.

Two other passengers are still receiving treatment.

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According to sources, the accident was caused by excessive speeding on the part of the drivers.

While confirming the incident, the Ondo State Sector Commander of the Federal Road Safety Corps (FRSC), Samuel Ibitoye, said a preliminary investigation showed one of the vehicles drove against traffic.

Ibitoye, who urged drivers to exercise caution, ensure proper vehicle maintenance and avoid reckless driving, encouraged passengers to speak out against unsafe driving practices, emphasising that road safety is a shared responsibility.

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Fresh twist as Tinubu orders Lagos lawmakers to reinstate Obasa as he refuses to vacate Speaker’s Lodge

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By Kayode Sanni-Arewa

President Bola Tinubu has opened pressure on members of the Lagos State House of Assembly to allow the return of Mudashiru Obasa as Speaker, people familiar with the development have revealed, three weeks after an impeachment that sent shockwaves through the nation’s commercial haven.

The Nigerian leader said this weekend that lawmakers should be prepared to let Mr Obasa return because the political price for his removal could potentially outweigh the benefits of punishing his excesses, which bordered largely on corruption and abuse of office, two people said. All but two of the 40-member legislature are members of the ruling All Progressives Congress.

“The president has sent instruction that we should start preparing to let him come back,” a senior Lagos politician who participated in a series of meetings this weekend said. “The president said Obasa will spend only a short time before resigning on his terms.”

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“We have agreed to let him come back to give him a soft landing that he told us he deserved because of the serious political consequences of allowing this matter to endure,” the politician said anonymously to discuss the minutiae of internal political deliberations. “I would do it differently if you asked me to be the ultimate decision-maker in this matter.”

However, some lawmakers said his return would be difficult for those who participated in his impeachment, especially those who circulated copies of The Gazette’s story that preceded it.

“We’re afraid that bringing him back will be like trying to pacify a snake after its head was severed,” a source said. “Its venom will be super deadly.”

Another senior political operative in Lagos told The Gazette the president had summoned a meeting in Abuja on Monday, where those not already onboard would be exhorted.

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“Many of us have agreed that he should be allowed to return because we can only see the beginning of this fight but not how it may end,” the politician said. ” The meeting is scheduled for Monday, and some of us still in Lagos are already preparing to leave for Abuja.”

On January 13, Mr Obasa was removed as Speaker after lawmakers learned, through The Gazette’s reporting, that he had looted billions in procurement allocations for vehicles and other items they didn’t receive. Lasbat Mojisola Meranda was immediately named as his replacement. However, officials said she has seemingly allowed Mr Obasa to intimidate her in her new role, even though she had the backing of at least 32 out of the state’s 40 legislators.

Since January 13, when Ms Meranda was inaugurated as Speaker, she has not been allowed to move into the official residence along Joel Ogunnaike, Ikeja G.R.A. The Gazette was told that Mr Obasa, who was in the United States during his impeachment, went directly to the Speaker’s Lodge when he landed in Abuja from Atlanta and later triumphantly returned to Lagos. Upon his return, he denounced his impeachment as illegal and vowed to remain in office.

“He said they should let him enter the official lodge to remove his personal belongings,” a source said. “But he has refused to vacate the place, and Madam Speaker has been too afraid to take over from her.”

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It was unclear what influence Remi Tinubu had on her husband’s decision to push lawmakers to reinstate Mr Obasa. This came days after the media reported that the first lady stopped the anti-corruption agency EFCC from arresting the embattled politician. However, she said an investigation into his use of public funds in Lagos may proceed

Mr Tinubu’s move to reinstate Mr Obasa should expand fissures within the Lagos political circles, but the president’s grip on the state’s politics meant no lawmaker would risk being seen as reluctant to follow his directive, a source said.

“Look, some lawmakers are very angry that the president decided to humiliate them like this,” our source said. “But they don’t want to lead any resistance against the president, who is also the party’s leader.”

A presidential spokesman revealed on Sunday morning that he was unaware of the president’s directive to Lagos lawmakers. Messrs Obasa and Meranda declined to comment on Sunday morning.

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It was also learnt that Mr Obasa met Governor Jide Sanwo-Olu in Marina on Saturday to finalise his return as Speaker, which may come as soon as next week. An aide to the governor confirmed the meeting without elaborating.

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