Business
Analyst Faults Buhari’s Statement On Pump Price
A public affairs analyst and lecturer in the Ignatius Ajuru University of Education, Port Harcourt, Dr. Ken Nweke, has faulted President Muhammadu Buhari’s Independence Day broadcast where he compared Nigeria with other nations in terms of petrol pump price.
Nweke said that it was an error for the President to compare Nigeria with other countries like Saudi Arabia and Ghana among others, saying the level of infrastructure and standard of living between Nigeria and those countries are not the same.
The analyst who made this position known while speaking to journalists, last Friday, in reaction to the President’s speech, noted that Nigeria is still battling with minimum wage issue, insecurity, poor infrastructure coupled with hardship created by Covid-19 pandemic.
According to him, no amount of comparison will justify the increase in petrol pump prices other than to encourage the people to have hope in the future benefits of the policy.
“The President would have sought for ways to persuade and convince the public that deregulation or subsidy removal will benefit Nigerians in future and that it is the way to go.
“There is no need to compare Nigeria with other countries because they are well-off in terms of infrastructure, security and standard of living.
“What we expect from the government is to look for ways to revive ailing industry like the Adjokuta Steel industry and restore the refineries”, he said.
Dr. Nweke, however, blamed those that wrote the Independence Day broadcast speech for the President for not doing their job well, and for not advising Mr President correctly before coming to the public.
By: Collins Walter
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
