News
I’ll Work With Other Stakeholders To Bring Lasting Peace To Nigeria – Acting COAS
The Acting Chief of Army Staff, Olufemi Oluyede, has pledged to bring lasting peace to the country if confirmed in a substantive position.
He said this when he appeared before the House of Representatives Joint Committee on Defence and Army at the National Assembly Complex in Abuja on Wednesday.
He stressed that the security environment in the country today requires a united effort on the part of every Nigerian.
He also called for strong bilateral and multilateral alliances with neighbouring countries, as well as deep collaboration and joint efforts by the services and other security agencies.
He said, “I am honored this evening to be considered worthy to play a part in these efforts and I look forward to contributing my utmost best by working with the National Assembly and other stakeholders in bringing lasting peace to the length and breadth of our dear country Nigeria.
“I humbly appear before you today to be confirmed as the 24th Chief of Army Staff of the Nigerian Army simply because tragedy befell our Army and Armed Force, and as a nation in total when the 23rd Chief of Army Staff, Lieutenant General Taoreed Lagbaja passed after a brief illness.
“Although before his passing, I had been appointed by Mr. President, His Excellency Bola Ahmed, to act in his place pending his expected full recovery and resumption of duty as the Chief of Army Staff then.
“After Lieutenant General Lagbaja’s demise and state funeral on 15 November 2024, Mr. President, in his wisdom, found me worthy to fully continue the excellent job the Army has been doing here and get confirmed by the National Assembly.
“I have served this great nation as an officer of the Nigerian Army for over 30 years. My exposure to national security issues at the junior, middle, and senior cadres of the military profession has prepared me adequately for the assignment I am being screened for here today.
“In the past five years or thereabout, I have operated at the senior operational and management levels of the Nigerian Army and I have somewhat been part of the running of the service in its entirety.
“Thus, I cannot completely distance myself from the successes or setbacks of our great army in the past couple of years. However, I see my nomination as the Chief of Army Staff as a privileged opportunity to be in the driver’s seat and bring about more positive changes to the Nigerian Army to enable it to fulfil its
constitutional responsibilities.
“Thus, if confirmed by this joint committee and given the common mandate to lead the Nigerian Army during this period, I promise to do my best to justify the confidence imposed in me by the appointing authority which is His Excellency Asiwaju Bola Ahmed Tinubu, the confirming authority which is you members of the National Assembly and the generality of Nigerians.
“Let me underscore that the security environment will find ourselves as a nation requires a united effort on the part of every Nigerian. We also need strong bilateral and multilateral alliances between our country and our neighbors, as well as deep collaboration and joint efforts by the services and other security agencies.
“I a’m glad that this administration of His Excellency Bola Tinubu is on the right path to providing the enabling security environment for socioeconomic activities to thrive and restore a dear country to the path of pride and success,” he said.
He also said the Nigerian Army requires tactical aircrafts.
He said, “Aircrafts have different strata of employment. We have the tactical and the strategic strata of employment. Now the air support that we require as an army is the one at the tactical level, whereby the aircraft should be ready at the force during operations, the combat operations, at the tactical level, while the air force, being the main players in that sphere, are to give us strategic cover. So we require those aircraft and the air wing to support our operations,” he said.
He said there is robust cooperation between Armed Forces adding that he intends to enhance this to ensure that Nigeria has better security and better socio economic development.
Chairman of the House Committee on Defence, Hon Babajimi Benson, said Nigeria continues to grapple with an evolving spectrum of security challenges, ranging from insurgency and banditry to communal clashes and cyber threats.
He said for over a decade, the Armed Forces of Nigeria have been at the forefront of responding to these challenges, launching numerous operations and providing vital support to internal security efforts.
While commending the significant successes recorded in recent years, he pointed out that it is clear more work remains to be done to achieve sustainable peace across all regions of the country.
“The current dynamics of global security demand innovative and adaptive strategies. Threats are no longer confined to traditional battlefields; they now extend to cyberspace, economic domains and even the socio-political fabric of nations.
“In light of this, we must prioritize a forward-looking approach to national defence, ensuring that our military is well-equipped and adequately trained to address both conventional and emerging threats,” he said.
He said their task was not only to assess the qualifications and vision of the nominee for Chief of Army Staff but also to establish a collaborative roadmap for tackling Nigeria’s security challenges.
He said as a partner in the pursuit of a secure and prosperous Nigeria, the House remains steadfast in its commitment to legislative oversight and support for the Armed Forces.
Benson said the House will continue to provide the necessary legal frameworks, advocate for adequate funding and monitor the implementation of appropriations to ensure accountability and transparency in military operations.
He stressed that the position carries immense responsibility, hence the Chief of Army Staff must lead with integrity, professionalism and a deep commitment to the protection of lives and property.
“If confirmed, you will be expected to foster synergy among security agencies, prioritize the welfare of troops and uphold the trust of Nigerians. This committee will ask questions that reflect the concerns of our constituents and the nation as a whole. We urge you to provide comprehensive and candid responses to guide our deliberations.
“In closing, I wish the nominee the very best during this screening exercise. Your role is pivotal in Nigeria’s journey toward lasting peace and stability and we look forward to working with you to achieve this goal. “
Benson said the outcome of the screening exercise would be reviewed and presented to the House during plenary on Thursday.
News
20 Nigerian Slangs Among 500 New Words, Phrases in Oxford English, ‘gele’, ‘japa’, 419 l, others made list
By Kayode Sanni-Arewa
The Oxford English Dictionary (EOD) has released a list of 500 new words and phrases added to the English Language lexicon.
The new words and phrases come from different countries especially from West Africa and East Asia, including Japan, Nigeria, Korea, Ghana, Philippines among many others.
Nigeria has the most influence from the African continent with 20 words and phrases while Ghana has seven new words and phrases adopted into the lexicon.
In an introductory article authored by Lexicographer and the Executive Director of the OED, Danica Salazar, she paid tribute to two Nigerian authors, Flora Nwakpa and Ben Okri whose works introduced some of the words originating from Nigeria.
According to her, “In Nigerian cookery, suya is a dish consisting of thinly sliced pieces of spiced meat grilled or roasted on a skewer, usually sold by street vendors and eaten as a snack. Its first quotation in the OED was taken from a piece published in the literary magazine Présence Africaine, written by Nigerian author Flora Nwapa, considered to be the mother of modern African literature: ‘Will you eat suya Ona?’ Phil asked me. ‘Oh yes. I hear they have delicious suya here.’”
“Abi, another borrowing from Yoruba, is used in Nigerian English as a sentence adverb to mean clearly, obviously, of course. It is also used interrogatively, at the end of a statement, to prompt agreement, approval, or confirmation, like ‘isn’t that so?’ or ‘am I not correct?’. Its first quotation in the OED is from the 1980 novel Flowers and Shadows by Nigerian-born British poet and novelist Ben Okri: ‘If one doesn’t talk doesn’t mean one is foolish, abi’.”
Also, Nigerian linguist and consultant to OED, Kingsley Ugwuanyi who played a part in the current listing expressed excitement over the inclusion of Nigerian words and phrases into the lexicon. In a statement shared on his Linkedin page, Ugwuanyi revealed that he also played a role in the pronunciation of the new words and phrases.
He wrote:
“I’m thrilled to announce that the Oxford English Dictionary (OED) Oxford Languages | OUP has officially published its latest updates, featuring an amazing collection of Nigerian English words that beautifully reflect Nigeria’s culture, creativity, and the unique ways we express ourselves as Nigerians.
“This time, I not only drafted most of the words but also had the incredible opportunity to provide their hashtag#pronunciations! So, when you explore the OED online and click on the pronunciations, you’ll hear my hashtag#voice bringing these words to life.”
Below is the full list of the new entries from Nigeria, Ghana, Japan and Korea:
Ghanaian English
azonto, n.
banku, n.
burger, n.2
burger highlife, n.
galamsey, n.
galamseyer, n.
Veronica bucket, n.
Nigerian English
419, n.
abi, adv.
adire, n.
agbero, n.
area boy, n.
cross-carpeting, n.
cross-carpet, v.
gele, n.2
jand, n.
jand, v.
janded, adj.
Japa, n.
japa. v.
Naija, n. and adj.
suya, n.
to yarn dust, phrase in yarn, v.
yahoo, n.2
yahoo boy, n.
Words of Korean origin
dalgona, n.
dalgona coffee, n.
hyung, n.
jjigae, n.
maknae, n.
noraebang, n.
pansori, n.
tteokbokki, n.
Words of Japanese origin
dorayaki, n.
furikake, n.
furoshiki, n.
gaman, n.
gaman, v.
Golden Week, n.
J-, comb._form
maneki-neko, n.
omiyage, n.
omurice, n.
sando, n.2
News
Tax Reform: Gov Sule dismisses claims of rift with President Tinubu
The governor of Nasarawa State, Abdullahi Sule, has faulted the efforts to create a wedge between President Bola Tinubu and governors of the North over the controversial tax reform bills currently at the National Assembly, saying the governors who worked for his emergence have never and are not working against him.
Governor Sule made the disclosure on Friday while receiving a delegation from the Christian Association of Nigeria, CAN, who visited him at the Government House in Lafia. He explained that what the northern governors called for was the need for further consultation on the tax reform bill before the National Assembly, which encompasses the Value Added Tax.
He accused some vested interests of spreading false information with the intent to cause political tension through unfounded insinuations that the northern governors were opposed to the president.
According to Sule, people who were opposed to Tinubu’s presidency are now pretending to be his better supporters more than those who fought for his victory.
For some people making noise and saying the Northern governors are fighting the President, nobody is fighting the President. How could you fight a President who has made you look good? This is the truth. All we are saying is that some aspects of it, we need to look into it,” he said.
Sule thanked President Tinubu for enacting policies that have made governance and development easy in Nasarawa State without going into debt, saying he could not kick against a leader who has made meaningful contributions to the state’s progress.
The governor said there was a need for better understanding of some of the provisions in the tax reform bills. “We called for the withdrawal of the bills to review some aspects. They said it’s a wrong language, that amendments can be made without withdrawing the bills. I said that’s fine. I’m not looking for any trouble,” he explained.
On Value Added Tax, Governor Sule leaned on his private sector experience to impress upon its necessity for state finances.
He explained that Nasarawa State receives over N4 billion monthly from VAT, which has been very critical for its capital projects. He expressed apprehension over possible changes in the formula for sharing VAT due to the implication for states like Nasarawa, which rely so much on such revenue with their very meager IGR.
I know more about VAT than most of those arguing about it. Having been a chief executive, I know how it is generated and used. Today, it is the lifeblood of many states. Take away VAT from FAAC and you will see how we will all be struggling to fund projects, and I must speak for my people.”.
Governor Sule thanked the CAN Chairman, Very Reverend Dr. Sunday Emma, and his team for calling on the government to create more awareness on the tax reforms. He aligned himself with the call for comprehensive sensitization to be given to Nigerians on the proposed changes.
If they do proper sensitization and address the VAT issue, I will be fully supportive of the tax reforms. But it will be difficult without that, especially for states with low IGR,” he concluded.
Earlier, Dr. Emma had urged both federal and state governments to prioritize awareness campaigns about the tax reforms to foster greater public understanding and inclusion.
News
Why some stations sell petrol above N1,000/litre — Marketers
Marketers of petroleum products say filling stations still sell Premium Motor Spirit, otherwise called petrol, above N1,000 per litre because they have yet to sell out the old stock.
According to them, the old stock of PMS was bought at the rate of N970 and many still have the product in their tanks.
The PUNCH reported that on December 19, 2024, the Dangote refinery slashed the ex-depot price of its petrol from N970 to N899.50 per litre.
Similarly, the Dangote refinery announced its partnership with MRS Petrol station to sell petrol from its retail outlets nationwide at N935 per litre.
The President of Dangote Industries Limited, Aliko Dangote, clarified that the reduction in the price of PMS was primarily driven by the complex dynamics of market forces.
This generated what some called a price war in the downstream sector, forcing the Nigerian National Petroleum Company Limited to reduce its ex-depot price to N899 per litre.
Since the price cuts, NNPC retail outlets in Lagos and its environs have adjusted their pumps to N925/litre.
Similarly, some major marketers were forced to sell petrol below N1,000 a litre. Some sell at N990, N980, N950 or N935.
However, our correspondent observed that despite the price reduction, many filling stations are still selling a litre of petrol above N1,000.
In many filling stations in Lagos, Ogun and many other states, the price still goes for as high as N1,070 per litre.
Although some have effected some changes, they still sell around N1,050, N1,030, N1,010 or N1,000 per litre as of Wednesday.
The price disparity between these filling stations and those owned by major marketers has been blamed for the queues in the latter.
Speaking in an interview with our correspondent, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, said the marketers were still struggling with the old stock they bought at the old price.
Fashola maintained that the reduction cannot just take effect immediately.
“Some of our members have old stocks. So, there’s no way they can just start immediately. It’s only when they go back to the market to purchase at the lower price, then they will start selling at the new price. If you look around, as of yesterday, I see many of our members have come down to N940 or N935 in Lagos. So, by next week, you will see more of them. Once they finish with their old stock, they will start selling at the reduced rate,” Fashola stated.
According to him, marketers are aware of the competition out there and no one wants to be left behind.
“You cannot deceive yourself. This is competition. This is what we have been asking for. So, if you like, put your fuel at N1,500, nobody will buy it. So, it’s not deliberate. If you are still seeing a few of us that are still selling at N1,000, it is because of the old stock. Once they finish with their old stocks, they will start selling at the lower price,” he emphasised.
When Fashola was reminded that the filling stations would not have retained the old price if the price had gone up, he replied, “Well, as a businessman, your purpose is to remain in the business. So, if you make a huge loss, you can go down. That’s just it. It is natural.”
Nonetheless, the IPMAN Vice President maintained that a lot of marketers are now making losses due to the price reduction.
“Even at that, some of us still make losses. I can tell you that some people when their stock gets to a level that they can bear the loss, they will reduce their prices. I can take myself an example. Some of my stations yesterday, when we looked at our stock, maybe we had 20,000 litres in some of our stations, we calculated our losses and I thought it was minimal. So, we reduced our prices despite being the old stock.
“That’s the truth. That’s because people are running away. That’s the reality. Many of our members are doing that too. When they calculate the loss and they can bear this loss, they fix a new price,” he stated.
While acknowledging the positive impacts of deregulation, Fashola noted that there is also a negative effect to it.
“The negative effect of deregulation is like what we are just discussing. If you buy a product at maybe, N1,000 today, and tomorrow, the price goes down to N950. You’ve already recorded a N50 loss. You buy a product today from a depot and the following day, the price goes down. Have you finished that stock? It’s not possible. That is the negative aspect of it. Therefore, you have to be careful. You have to go with information before you make your purchases, even before you make your imports.
“And there are some factors you have to consider. That is the exchange rate and the crude oil price. Those are the major factors that determine the price of petroleum products. So, you have to be futuristic. You have to be able to project very well before you make your move. Otherwise, you enter into trouble. That is one of the negative aspects of deregulation. But, we have to cope with it,” he explained.
The marketer lamented that those in the business now face financial challenges following the removal of fuel subsidies.
As the price of PMS rose from N200 to N1,000 per litre, Fashola disclosed that marketers are finding it difficult to do business, especially as the interest rate rises monthly in banks.
“When you go to the bank, you know the interest you will pay. So, which way? We need more money to remain in business–more money, but with a little margin. This is really impacting on us. But we all call for deregulation and we have to live by it. We don’t have an option,” he added.
Fashola advised marketers to get themselves prepared for the challenges ahead, the reality, and the new trend, saying “We cannot be doing our business the way we used to do it before.”
On his part, the National Publicity Secretary of the Petroleum Products Retail Outlet Owners Association of Nigeria, Joseph Obele, said no member of the association has bought fuel at the reduced rate.
“None of our members has bought at the reduced rate at the moment,” Obele said, justifying why some filling stations still sell PMS at a higher rate.
He added that there was a wide disparity between the price of PMS in Lagos and Port Harcourt or other places far from Lagos.
According to him, the NNPC sells PMS at N899 in Lagos and N970 in Port Harcourt due to logistics.
Credit: PUNCH
-
News24 hours ago
Elon Musk May Acquire English Premier League Giant
-
News21 hours ago
UK spreads travel entry scheme to US, Canada, Australia
-
News24 hours ago
How God Turned Me From Almajiri Pupil To NNPC CEO – Mele Kyari
-
News21 hours ago
Insecurity! DHQ confirms 6 soldiers dead during ISWAP raid in Borno
-
News14 hours ago
Nigeria Won’t Break Ties With France Over Niger, Others
-
News14 hours ago
Portugal Football Club Signs on 19-Year-Old Nigerian- born Footballer, Yaqub Usman-Malah
-
News23 hours ago
EXPOSED! How two petroleum regulators failed to account for N313 bn – Audit report
-
News10 hours ago
After firing 27 officers with itchy fingers, EFCC reportedly loses over $350k, jewelries