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Nigeria Loses N4trn Annually To Subsidy -Ogun Gov

Ogun State Governor, Dapo Abiodun on Tuesday held a closed-door meeting with former President Olusegun Obasanjo at his Penthouse residence, located at Olusegun Obasanjo Presidential Library in Abeokuta, the state capital.
Abiodun, who arrived at the former President’s residence at 11.58 am, went straight into a private meeting with him.
Emerging from the closed-door meeting, Abiodun described the meeting as a private one.
He said, “It is a private meeting. A son does not have to have any particular reason to come and see his father, so I have come to see our baba and it is a private meeting”.
Speaking on fuel subsidy removal, Abiodun lamented that, Nigeria lost N4trillion annually to the subsidy regime, insisting that there was no better time to remove the subsidy than now.
The governor assured Nigerians that, the government would put into better use the money accrued from the subsidy removal to revamp the economy of the country.
“We all know that President Bola Ahmed Tinubu’s administration started with a bang. On the 29th of May, he reeled out a few initiatives, one of the most laudable of those initiatives was his decision to remove subsidies on petroleum products.
“As controversial as that initiative has been, no one can deny the fact that it was a very welcome initiative. That was a subsidy that Nigeria could no longer afford, it was a subsidy that was not in the budget beyond June 2023.
“More importantly, it was costing Nigeria about N4trillion per annum, N4trillion that Nigeria did not have, that we have to borrow, that could be better expended to other uses that the common man can feel, so it was a very right decision.
“Of course, it was a decision that also came with a bit of pain, but like they say, there is no gain without some pain”, Abiodun said.
He urged Nigerians to endure the hardship of increasing fuel price, saying the benefits of the subsidy removal outweigh the pain.
The governor said, his administration had reelled out series of palliatives for civil servants, pensioners and the people of the state to cushion the effect of subsidy removal.
Part of palliatives included the approval for the payment of N10,000 cash for each public servants and pensioners in the state.
The government also approved payment of hazard allowance for all health and medical personnel in the State, adding that the implementation of the palliative would take effect from July.
Speaking on the palliatives, Abiodun said, “What you saw us announced for implementation in Ogun state yesterday (Monday) are part of the initiatives that the Federal government has designed for implementation at the state level.
“What we have just done is to immediately begin that implementation because as soon the President announced deregulation, we sat down with members of our labour unions – TUC, NLC and JNC to discuss the different options that will be acceptable for all of us, that will allow us to fast track our own policies.
“We believe that these initiatives should immediately ameliorate the pain our people are feeling and I’m sure that you will see that other state governments are doing the same.”
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I’m Committed To Community Dev – Ajinwo
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RSG Tasks Rural Dwellers On RAAMP …As Sensitization Team Visits Akulga, Degema, Three Others

Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their living conditions.
This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.
Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s
She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.
According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.
The Head of Service also said the programme would support the youths to be gainfully employed while bridges and roads will be built to link farms and fishing settlements.
Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.
Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.
According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.
He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.
Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may lead to the cancellation of the project by the World Bank.
During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.
The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.
He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.
Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.
They, however, complained over the incessant attacks by pirates on their waterways.
At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.
King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.
Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.
Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.
At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.
He also expressed fears over the possibility of the project being hijacked by politicians.
Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.
John Bibor
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Senate Replaces Natasha As Committee Chairman

The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.
Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.
Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.
Bassey is the senator representing Akwa Ibom North-East Senatorial District.
Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.
In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.
However, the Senate has insisted it has not received a certified true copy of the court judgment.
Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.
In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.
Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.
Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.
“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.
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