News
Tinubu Defend Subsidy Removal During Monday Night Media Chat
President Bola Tinubu, Monday defended the removal of the fuel subsidy about 19 months ago.
Speaking during a presidnetial chat, Tinubu said the decision was a crucial one that needed to be implemented.
He expressed no regrets about the subsidy removal, emphasizing that it was a necessary step to address the economic realities his administration must confront.
He however said that the country is on the path of recovery.
Tinubu had presented the country’s 2025 budget proposal to the National Assembly, christened ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity’.
The N49.7trillion budget aims to consolidate economic reforms, restore macroeconomic stability, foster inclusive growth, reduce poverty, and promote equitable income distribution.
Reacting to criticism on the budget presentation, he said: “Regardless of what critics are saying and the criticism, this is a budget of restoration and hope.
“Nigeria is on the path of recovery. We can’t finish the job in one calendar year. I’m not giving myself any excuse. It is only 18 months.
“The funds are used judiciously used. We consider the welfare of service men and women. We’ve a huge country with lot of forest, unoccupied spaces. So we need to give them credit for what they are doing today.
“We need to produce more for consumption locally. Give reasonable level of funding, and low interest rates to farmers. Improve the security so that people can return to farms and produce more food. Encourage procurement of manufacturing items. Production of jobs.
“We are talking of export incentives, building affordable transportation, we’ve compressed natural gas (CNG).”
On the planned tax reform, Tinubu said that the tax reforms initiated by his administration have come to stay.
The tax reform bills are currently before the National Assembly, though there are agitations by a section of the country against the bill.
The president explained that the benefits of the reforms far outweigh the concerns raised.
He added, “I am focused to ensure Nigerians get what they desire.
President Bola Tinubu has described the Federal Capital Territory, FCT, minister Nyesom Wike as a performing and dogged technocrat.
Naijablitznews reports Tinubu made this assertion during his maiden presidential chat on Monday.
The president rounded up by saying “I doff my hat for the performing minister.
Watch clip below:
By Gloria Ikibah
Prominent human rights lawyer and activist, Dele Farotimi, has been released after fulfilling his bail conditions.
Farotimi, who had been in custody over allegations of defaming Senior Advocate of Nigeria and founder of Afe Babalola University, Ado Ekiti (ABUAD), Afe Babalola, regained his freedom on Tuesday morning.
He is currently enroute to his home in Lagos.
Confirming the development, activist and politician Omoyele Sowore stated on X, “I am pleased to report that Dele Farotimi is no longer being held in the prison facilities of Ekiti State and is now returning home to Lagos. The struggle continues!”
Earlier, a Chief Magistrate’s Court in Ado Ekiti granted Farotimi bail, setting conditions that included a N30 million bond, two sureties (one of whom must be a property owner), the submission of his passport, and a restriction on granting media interviews following his release.
By Kayode Sanni-Arewa
Following the intervention by the National Assembly leadership, the National Assembly Service Commission, NASC, has reversed the appointment of Dr Ibrahim Atiku as Deputy Clerk to the National Assembly, DCNA.
The Commission has replaced Atiku with the permanent secretary [Estate and Works Directorate], Engineer Bashir Yero.
This was consequent upon the outcome of a meeting convened Monday night by the Senate President, Godswill Akpabio, with Speaker Tajudeen Abbas and their deputies in attendance.
Present also at the meeting were the Chairman of the NASC, Engineer Ahmed Amshi, two commissioners from NASC, and some permanent secretaries in the NASS bureaucracy.
THE CONCLAVE learnt that the high-level meeting took place in the Senate President’s residence.
Reports from the meeting said that the chairman of the NASC and his commissioners could not justify the appointment of Atiku when asked by the speaker how the choice of Atiku was arrived at.
THE CONCLAVE reports that it was at that point that the commission chairman sought the leave of the Senate President and the Speaker to ask that the permanent secretaries present should excuse them since they could not be sitting over a matter in which they had personal interest.
Upon their return to the room, after the leadership had arrived at a resolution one way or another, it was agreed that Engr. Bashir Yero of Estate and Works Directorate be appointed the DCNA, while Engr Sanda Liman of Procurement Directorate, be redeployed in Estate and Works.
The newly promoted Ibrahim Atiku [to the position of permanent secretary], as resolved and directed, should be deployed in Procurement Directorate.
The NASC is expected to formalise and/or activate the decision soonest.
Source: CONCLAVE
WATCH moment Tinubu hails FCT minister for his doggedness, sterling performance
BREAKING: Human Rights Lawyer Dele Farotimi Released
NASC backpedals reverses Atiku’s appointment as DCNA, replaces him with Yero
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