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FG’s N24bn Monthly Oil Subsidy Fictitious -PDP …Decries Harassment Of Members, Supporters …Criticises Buhari Over Taraba Visit
The Federal Government is trying to cover a “huge fraud in the presidency by declaring it spends N24 billion monthly (N774 million per day) to subsidise fuel in the country,” the Peoples Democratic Party (PDP) has alleged.
The party described the figure as “fictitious and cleverly fabricated to retire the already exposed stealing of trillions of naira by the presidency cabal and All Progressives Congress (APC) interests in secret oil deals.”
PDP’s National Publicity Secretary, Kola Ologbondiyan, in a statement, yesterday, said: “It is duplicitous for the Nigerian National Petroleum Corporation (NNPC) to claim a sudden surge in fuel purchase expenses at the same time the nation faced the harshest fuel shortage across the country, with Nigerians paying exorbitantly for the product.”
According to the PDP, “The APC-led presidency is drawing its deceptive proclivity and concealment of fraud too far. And to think that such is hatched in a sector that is under the direct supervision of President Muhammadu Buhari as Minister of Petroleum Resources is most disheartening.
“This is the same presidency that claimed to have abolished fuel subsidy payments and even accused the immediate past administration of alleged corruption in its subsidy management. It is, therefore, strange that the same government can pull out unimaginable figures and claim it is the cost of subsidy enjoyed by Nigerians.”
The party further queried: “How come that with such humongous sums, Nigerians are still paying as high as N250 to N300 per litre on fuel in various parts of the country? We have since charged the Buhari-led presidency to come out clear on the administration of subsidy under its watch. The question is, why is the Federal Government cloaking the subsidy regime in secrecy, if not to conceal its duplicity?”
The PDP said: “Nigerians need to know who in the presidency approved the spending of the said N774 million per day as fuel subsidy and who the benefiting companies are. Is the subsidy captured in any appropriation instrument of the National Assembly? What is the cost of landing imported fuel to the depots and at what exchange rate? Where are the details of the subsidy payout and the negotiating options and contracts?
“In reeling out its figures, the presidency has forgotten that Nigerians are still waiting for its explanations on the leaked memo showing alleged corrupt oil contracts at the NNPC to the tune of N9 trillion ($25 billion dollars). The presidency has also refused to offer explanations on the alleged involvement of its officials in various sneaky oil subsidy deals and reported diversion of N1.1 trillion worth of crude, last year, to service APC interests.”
As if finally out with a solution to fuel importation and the attendant subsidy payments, the NNPC has said it is targeting the reduction of capital flight in procurement and cost of producing a barrel of crude oil.
Speaking in Abuja, yesterday, NNPC’s Group Managing Director (GMD), Maikanti Baru said the corporation is working smart to bring more money into the coffers of the federation.
“The more we bring down the cost of producing oil and gas, the more money we bring into the pockets of federal, state and local governments. We are driving the Nigerian content agenda to essentially bring down cost. We have brought down the cost of production of a barrel of oil to about $20. Our target is $15. And we will continue to march towards that,” Baru said.
The GMD, who was represented at the 2018 edition of Technology and Innovation Expo by Chief Operating Officer, Gas and Power, Saidu Mohammed disclosed that the corporation has domesticated engineering, procurement, construction and most of the major activities in the oil and gas industry.
He said: “We have collaborated with the Nigerian Content Development Board. We have also got Nigerians who are innovative to go into fabrication. What we want to do is make sure that we domesticate the big chunk of where we spend the money, which is procurement. We have fabrications going on. We have also gone into the fabrication of vessels. What we are doing is to support all sorts of innovation.”
Commenting on the Ajaokuta-Kaduna and Kano pipeline project, the GMD said the pipelines were fully domesticated in accordance with the local content policy of the Federal Government. He added that Nigerians would do all the pre-commissioning and commissioning services.
Meanwhile, the Peoples Democratic Party, PDP, has decried what it described as the continuous harassment, arrests and detention of its members in various parts of the country by agents and officials of the All Progressives Congress (APC)-controlled Federal Government, calling on the international community to intervene. The party said its members in Edo, Rivers, Kaduna, Kogi, Borno, Adamawa and other parts of the country are being hounded by the ruling party just because its members spoke against the despotic tendency of the APC government.
In a statement by its National Publicity Secretary, Kola Ologbondiyan yesterday, the party said the lives of its members and supporters “are increasingly at risk as the government is becoming more intolerant of opposition, particularly, having realized that its chances of getting re-elected in 2019 has dimmed as the people have rejected it due to its abysmal performance in the nearly three years of misrule.”
PDP also said Nigerians now live in fear as the APC-led government frequently violates their fundamental human rights and also uses aggression and cruelty to stifle opposition voices in the country.
It however called on “all good-spirited Nigerians and the international community to stand up and condemn” what it described as the undemocratic acts, rights violation and corruptions perpetrated by the APC government. The statement said,”
The PDP is alerting the entire world of the increasing aggression and cruelty against opposition members and perceived opponents of government by the APC-led Federal Government, which is now using the apparatus of state power in their desperation to cow and subjugate opposition, suppress constitutionally guaranteed freedom of speech and association in our country.
“Today, there is thoughtless abuse of human rights in our country and the people now live in fear. Opposition members are now being arrested, manhandled and detained, with some of them having their family houses demolished for holding and expressing opinion even under a democracy.
“Currently, our members and supporters in many states including Edo, Rivers, Kaduna, Kogi, Borno, Adamawa and others are being hounded for expressing opinion, particularity on the exposed corruption, abuses, constitutional violations and incompetence of the APC administration.
“As we speak, our Edo state Chairman, Chief Dan Orbih, was summoned, questioned and his personal freedom curtailed by the police in Edo state for daring to speak against corruption in the state, an action which the unscrupulous officers at the command boasted will teach him and PDP members in the state, a lesson.
We commend Chief Dan Orbih for his forthrightness even in the face of harassments and intimidation by the APC. “In Kogi state, there are reports of APC agents attacking and destroying property belonging to opposition members and supporters.
Nigerians have not forgotten how the APC government in Kaduna state demolished property belonging to opposition members and perceived political opponents; how the PDP secretariat in Borno was destroyed and how our property and those of our supporters were destroyed by agents of government in Adamawa state.
“We decry this raging intimidation of our party officials, members and supporters and call on all good-spirited Nigerians and the international community to stand up and condemn this drift towards a stone age despotism.
“Nigeria is a democratic state and we reject any attempt by anybody to suppress the constitutionally guaranteed rights of the people, particularly regarding the choice of how they can be governed.
“The APC has failed and should not be allowed to vent its frustration on innocent Nigerians,” the statement concluded
Similarly, the Peoples Democratic Party (PDP) has said a recent statement made by President Muhammadu Buhari during a visit to Taraba state, where he compared the number of deaths through killings in affected states, was not only morbid but ill-thought.
It also said the President’s planned visits to states affected by bloodletting and violence was an after-thought and not altruistic.
The President last Monday visited Taraba state to condole with those affected by recent violence caused by herdsmen/farmers clashes.
In Taraba, Mr. Buhari hit the nerves of many critics when he said the number of persons killed in violent clashes in Mambilla Plateau, Sardauna Local Government Area of Taraba State, was more than “those killed in Zamfara and Benue States combined”.
The PDP said the “ill-thought remark” has vindicated its position that the scheduled trips to states “where Nigerians are being killed by marauders is cosmetic and a political afterthought that did not come from Mr. Buhari’s heart”.
The party in a statement yesterday by its national publicity secretary, Kola Ologbondiyan, expressed disbelief at the president’s dismissal of public criticism over his delay in visiting the troubled areas.
“Nigerians wondered why President Buhari did not put figures to the tally since what appears to be of interest is the morbid comparison of how many Nigerians were killed from state to state.
“The party is however not surprised by President Buhari’s comments as well as the failure to visit the victims to directly assure them as the APC-controlled Federal Government had always exhibited thoughtless disdain towards the feelings and well being of the masses.
“When well-meaning Nigerians said the visits were cosmetic and a political gambit, some apologists of the APC dismissed it as a mere political statement. Now, the action and comments by the President during his whistle stop visit to Taraba state have bared it all.”
The party also flayed the president for “not directly visiting the families affected” during his visit to Taraba.
“Not only that our dear President holed himself in the comfort of the Taraba State Government House for a brief meeting with few government officials, he did not visit the victims to directly commiserate and allay their fears with assurances of steps to ensure justice and end the carnage, as his allusions almost re-opened old wounds.
“Is it not surprising that the same president who, last Saturday, had all the time at a wedding ceremony in Kano state did not even spare a minute to visit victims of a carnage where a soothing word from him would have been the balm for justice and peace?
“Furthermore, the President’s declaration that Nigerians should not expect him to “always go out to the field” not only negates his promise to lead from the fronts, but also shows that he has become distant from the real feelings, demands and sensibilities of the people.
“Also, Nigerians were shocked by the President’s claims of having performed in providing security in the country, even in the face of the daily bloodletting in the land. Perhaps, he was not aware, as usual, that while he was in Taraba, marauders were having a field day slaughtering women and children in neighboring Benue state.
“It is clear to all that this Presidential roadshow serves no purpose to the people, but merely designed as a gambit to score cheap political point and falsely portray the administration as caring, particularly seeing that the 2019 election is around the corner.”
“The party is however not surprised by President Buhari’s comments as well as the failure to visit the victims to directly assure them as the APC-controlled Federal Government had always exhibited thoughtless disdain towards the feelings and well being of the masses.
“When well-meaning Nigerians said the visits were cosmetic and a political gambit, some apologists of the APC dismissed it as a mere political statement. Now, the action and comments by the President during his whistle stop visit to Taraba state have bared it all.”
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Fubara Dissolves Rivers Executive Council
Rivers State Governor, Sir Siminialayi Fubara, has dissolved the State Executive Council.
The governor announced the cabinet dissolution yesterday in a statement titled ‘Government Special Announcement’, signed by his new Chief Press Secretary, Onwuka Nzeshi.
Governor Fubara directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
He thanked the outgoing members of the State Executive Council for their service and wished them the best in their future endeavours.
The three-paragraph special announcement read, “His Excellency, Sir Siminalayi Fubara, GSSRS, Governor of Rivers State, has dissolved the State Executive Council.
“His Excellency, the Governor, has therefore directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
“His Excellency further expresses his deepest appreciation to the outgoing members of the Executive Council wishing them the best in their future endeavours.”
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INEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations
The Independent National Electoral Commission (INEC) yesterday told the National Assembly that it requires N873.78bn to conduct the 2027 general elections, even as it seeks N171bn to fund its operations in the 2026 fiscal year.
INEC Chairman, Prof Joash Amupitan, made the disclosure while presenting the commission’s 2026 budget proposal and the projected cost for the 2027 general elections before the National Assembly Joint Committee on Electoral Matters in Abuja.
According to Amupitan, the N873.78bn election budget covers the full conduct of national polls in 2027.
An additional N171bn is needed to support INEC’s routine activities in 2026, including bye-elections and off-season elections, the commission stated.
The INEC boss said the proposed election budget does not include a fresh request from the National Youth Service Corps seeking increased allowances for corps members engaged as ad-hoc staff during elections.
He explained that, although the details of specific line items were not exhaustively presented, the almost N1tn election budget is structured across five major components.
“N379.75bn is for operational costs, N92.32bn for administrative costs, N209.21bn for technological costs, N154.91bn for election capital costs and N42.61bn for miscellaneous expenses,” Amupitan said.
The INEC chief noted that the budget was prepared “in line with Section 3(3) of the Electoral Act 2022, which mandates the Commission to prepare its election budget at least one year before the general election.”
On the 2026 fiscal year, Amupitan disclosed that the Ministry of Finance provided an envelope of N140bn, stressing, however, that “INEC is proposing a total expenditure of N171bn.”
The breakdown includes N109bn for personnel costs, N18.7bn for overheads, N42.63bn for election-related activities and N1.4bn for capital expenditure.
He argued that the envelope budgeting system is not suitable for the Commission’s operations, noting that INEC’s activities often require urgent and flexible funding.
Amupitan also identified the lack of a dedicated communications network as a major operational challenge, adding that if the commission develops its own network infrastructure, Nigerians would be in a better position to hold it accountable for any technical glitches.
Speaking at the session, Senator Adams Oshiomhole (APC, Edo North) said external agencies should not dictate the budgeting framework for INEC, given the unique and sensitive nature of its mandate.
He advocated that the envelope budgeting model should be set aside.
He urged the National Assembly to work with INEC’s financial proposal to avoid future instances of possible underfunding.
In the same vein, a member of the House of Representatives from Edo State, Billy Osawaru, called for INEC’s budget to be placed on first-line charge as provided in the Constitution, with funds released in full and on time to enable the Commission to plan early enough for the 2027 general election.
The Joint Committee approved a motion recommending the one-time release of the Commission’s annual budget.
The committee also said it would consider the NYSC’s request for about N32bn to increase allowances for corps members to N125,000 each when engaged for election duties.
The Chairman of the Senate Committee on INEC, Senator Simon Along, assured that the National Assembly would work closely with the Commission to ensure it receives the necessary support for the successful conduct of the 2027 general elections.
Similarly, the Chairman of the House Committee on Electoral Matters, Bayo Balogun, also pledged legislative support, warning INEC to be careful about promises it might be unable to keep.
He recalled that during the 2023 general election, INEC made strong assurances about uploading results to the INEC Result Viewing portal, creating the impression that results could be monitored in real time.
“iREV was not even in the Electoral Act; it was only in INEC regulations. So, be careful how you make promises,” Balogun warned.
The N873.78bn proposed by INEC for next year’s general election is a significant increase from the N313.4bn released to the Commission by the Federal Government for the conduct of the 2023 general election.
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Tinubu Mourns Literary Icon, Biodun Jeyifo
President Bola Tinubu yesterday expressed grief over the death of a former President of the Academic Staff Union of Universities and one of Africa’s foremost literary scholars, Professor Emeritus Biodun Jeyifo.
Jeyifo passed away on Wednesday, drawing tributes from across Nigeria and the global academic community.
In a condolence message to the family, friends, and associates of the late scholar, Tinubu in a statement by his spokesperson, Bayo Onanuga, described Jeyifo as a towering intellectual whose contributions to African literature, postcolonial studies, and cultural theory left an enduring legacy.
He noted that the late professor would be sorely missed for his incisive criticism and masterful interpretations of the works of Nobel laureate, Professor Wole Soyinka.
The President also recalled Jeyifo’s leadership of ASUU, praising the temperance, foresight, and wisdom he brought to the union over the years.
Tinubu said Jeyifo played a key role in shaping negotiation frameworks with the government aimed at improving working conditions for university staff and enhancing the learning environment in Nigerian universities.
According to the President, Professor Jeyifo’s longstanding advocacy for academic freedom and social justice will continue to inspire generations.
He added that the late scholar’s influence extended beyond academia into political and cultural journalism, where he served as a mentor to numerous scholars, writers, and activists.
Tinubu condoled with ASUU, the Nigerian Academy of Letters, the Wole Soyinka Centre for Investigative Journalism, the University of Ibadan, Obafemi Awolowo University, Oberlin University, Cornell University, and Harvard University—institutions where Jeyifo studied, taught, or made significant scholarly contributions.
“Nigeria and the global academic community have lost a towering figure and outstanding global citizen,” the President said.
“Professor Biodun Jeyifo was an intellectual giant who dedicated his entire life to knowledge production and the promotion of human dignity. I share a strong personal relationship with him. His contributions to literary and cultural advancement and to society at large will be missed.”
Jeyifo was widely regarded as one of Africa’s most influential literary critics and public intellectuals. Among several honours, he received the prestigious W.E.B. Du Bois Medal in 2019.
