News

Cost Of Living: Nigerians Are Angry With Us, FG Admits

Published

2 years ago

December 11, 2023

As many Nigerians groan in poverty due to the rising cost of living occasioned by unprecedented inflation, Vice-President Kashim Shettima has said the poor in the country are angry with government officials and other members of the elite, who constitute the minority.
The vice-president said this at the graduation ceremony of the Executive Intelligence Management Course 16 participants from different security agencies and nominees of state governments in Abuja on Saturda
The event was organised by the National Institute for Security Studies.
This is the first time a senior government official is admitting the biting hardship in the country, which has been aggravated since President Bola Tinubu took over the reins of government on May 29, 2023.
In his inauguration speech, the President had declared that subsidy on petrol was gone for good, and hours after that statement, the pump price of petrol jumped from N238-N263 per litre to a minimum of N500. It currently sells for between N580 and N615.
As Nigerians were adjusting to the new reality and the attendant increase in the prices of goods and services, including transport fares, the Federal Government announced the decision to allow the exchange rate of the naira to major international currencies float and be determined by demand and supply.
That decision immediately led to a significant depreciation of the local currency, which peaked at N465.07 against the United States dollar just weeks before Tinubu’s inauguration. The scarcity of dollars and other major international currencies led the naira to climb to over 1,000 against the greenback.
Just on Friday, the naira fell to an all-time low of N1,099.05/$ at the official Investor and Exporter forex window to cap what had been a turbulent couple of months for the national currency.
This signifies a 30.36 per cent decline from its closing rate of N843.07/$ according to data from the FMDQ Securities Exchange. That was the lowest rate that the naira had closed since the Central Bank of Nigeria moved to adopt the I&E window as the official trading channel for the currency.
Since June, the naira has lost more than 40 per cent of its value, adding to inflationary pressure in the country.
Shettima, however, said on Saturday, “All of us here belong to a tiny segment of the Nigerian population. And you don’t need a soothsayer to tell you that the poor are angry with us. Go to the slums and mingle with the poor. I am a native of Maiduguri (Borno State Capital). Anytime a rich man brought a new car to his house, it (the house) used to be a place of pilgrimage.
“People (used to) go and see not out of anger, but out of admiration. But now, as we cruise around in our bulletproof cars, one will see contempt in the eyes of the poor. We have to improve the quality of governance. And what we have is a tiny window of not more than 10 to 20 years. Let’s improve the quality of governance.”
He also noted that creating jobs and giving hope to the populace would help curb insecurity in the country.
The VP added, “Let’s create jobs; let’s give hope to the populace. And once we create jobs, all this madness of insecurity will disappear. There won’t be Boko Haram and banditry if this is done, especially for us from the North. We can blame the bandits, but we in leadership positions owe it to posterity to address this.
“They (the poor) are the most neglected segment of our society. You can hardly differentiate between them and their animals. Even the animals they rear belong to those in the city. So, there have to be kinetic and non-kinetic solutions to all the problems. Be it the IPOB agitation in the South-East; be it the challenges in the South-South; be it Boko Haram or rural banditry in the North-East, North-West, and North-Central.”
He, however, urged the citizens to be patient with the President and support his efforts to reposition the country.
“I want to ask you to give the President the benefit of the doubt. Let us support you. Let us rally around and be reassured that he is determined to redefine the meaning and concept of modern leadership, and is ever ready to reposition the Nigerian nation. But without the support of you and I, he can’t do much,” the VP said.
He berated those seeking to secede from the country, noting that they “hardly think beyond their noses.”
Shettima said, “It’s easy to predict failure. But what about success, what is the end result of failure? It is destruction. Just two million Syrians knocking on the doors of Europe, and they caused Brexit. They caused the emergence of Trump in America. So, how do you proceed? Those people who are agitating for the breakup of this nation, or the implosion of this country, they hardly think beyond their noses.
“They don’t think beyond the depth of their pockets. Surviving their way on the growth of the innocent and the agonies of our people will not do us any good. “
Also at the event, the Director-General of the Department of State Services, Yusuf Bichi, said the service would soon commence the production of unmanned aerial vehicles, AK-47s, and other weapons that would be used by its personnel.
According to him, this is to reduce the heavy reliance on foreign countries for weapons and the huge resources for the procurement of such weapons.
He noted that when the plans materialise, the service would deploy the weapon across the country.
The DSS boss said, “We shall support the institute in its training programmes. I care for the welfare of our staff members, active and retired. We shall never go back on that. We’ll also continue to pay attention to our research and development.
“In fact, sooner or later, we shall start eating what we produce, and we will produce what we eat. This is coded. It means that we shall start deploying some of the assets we have or the platforms we produce by ourselves, including unmanned aerial vehicles. We are producing our AK-47.
“When we reach the destination, we will save the country from the pain of the resources being chunked out to buy such weapons.”
He also assured other security agencies of the DSS commitment to providing them with credible intelligence.
Bichi added, “We shall continue to appreciate all the agencies that partner with us in the journey so far. And I promise the other security agencies that the DSS will continue to provide you with proactive intelligence to drive your operations”.

News

NDLEA Arrests Four Notorious Female Drug Dealers In Four States

Published

2 days ago

June 8, 2026

The Tide

The National Drug Law Enforcement Agency (NDLEA) has arrested four notorious female drug dealers in Edo, Imo, Kano, and Gombe states.

The Director of Media and Advocacy, NDLEA, Mr Femi Babafemi, made this known in a statement in Abuja, yesterday.

Giving a breakdown, Babafemi said that in Edo, an intense sweep of notorious drug hotspots within Benin City by NDLEA operatives on June 2 led to the arrest of four key traffickers, including three females.

“At Uyosa, Benin City, two female suspects were nabbed with a cocktail of illicit substances, including 176 grams of skunk, 65g of Loud, and 5 grams of Methamphetamine.

“Along Agbor road in Benin City, another female suspect, 21-year-old Anita Abraham, was apprehended with 95 grams of Scottish Loud and 329 grams of regular Loud.

“At Upper Mission, Benin City, a male suspect was arrested with a diverse cache of psychotropic substances consisting of Loud, Colorado, Swinol, and Methamphetamine.

“A swift operation by operatives in Kano State on Thursday, June 4, led to the arrest of a 19-year-old suspect, Saifullahi Lawan at the Kafi area of Madobi, with 40 blocks of skunk weighing a total of 38 kilograms,” NDLEA said.

In a related development, Babafemi said, operatives in Gombe state intercepted a 28-year-old suspect on June 1 near Dantiti Plaza in the Tumfure area of Gombe.

“The suspect was caught with 15,000 capsules of tramadol,” he said.

He said the War Against Drug Abuse (WADA) social advocacy activities by NDLEA Commands and formations equally continued across the country in the past week.

Reacting to the string of successful operations, the NDLEA Chairman, retired, Brig.-Gen. Buba Marwa commended the officers, men and women of the Imo, Edo, Kano, and Gombe commands for their resilience and vigilance.

Marwa also praised their counterparts in all the commands across the country for pursuing a fair balance between their drug supply reduction and drug demand reduction efforts.

He re-emphasised that the agency remains fully committed to dismantling drug supply chains and would continue to target traffickers regardless of age, gender, or concealment methods.

News

Navy Intercepts Over 135,000 Litres Of Stolen AGO In Rivers

Published

2 days ago

June 8, 2026

The Tide

The Nigerian Navy says its operatives under Operation Delta Sentinel have intercepted over 135,000 litres of suspected illegally refined Automotive Gas Oil (AGO) during separate operations in Rivers State waterways.

Director of Information, Navy Captain Abiodun Folorunsho, said the operations were carried out by personnel of the Nigerian Navy Ship (NNS) Pathfinder around the Onne and Abonema axis.

He said the seizures were made during routine patrols aimed at curbing crude oil theft and illegal fuel transportation across creeks in the state.

In one of the operations, naval personnel intercepted a fibre boat at the entrance of Owogono Creek in Ogu-Bolo Local Government Area carrying drums and jerrycans filled with suspected stolen AGO.

According to him, the occupants abandoned the boat and fled into nearby creeks, while the vessel and about 63,000 litres of product were recovered.

In another operation around Abonema in Akuku-Toru Local Government Area, patrol teams intercepted a wooden boat conveying about 72,000 litres of suspected illegally refined AGO concealed in sacks.

The Navy said the products were being transported through waterways for onward distribution before the operation disrupted the movement.

Folorunsho said the recoveries highlight the continued exploitation of creek networks by criminal elements for illegal petroleum product transportation.

He added that all recovered items were handled in line with established procedures on anti-crude oil theft operations.

The Navy reaffirmed its commitment to intelligence-driven operations aimed at dismantling illegal oil networks and protecting Nigeria’s maritime economic assets.

News

PERM SEC Tasks PUBLIC SERVANTS TO EMBRACE ACCOUNTABILITY

Published

2 days ago

June 8, 2026

The Tide

The Permanent Secretary of Rivers State Ministry of Information and Communications, Dr Honour Sirawoo mni, has charged public servants to embrace accountability and prudent management of public resources, stressing that government funds must be utilised responsibly.

Dr. Sirawoo made the assertion during the 41st anniversary of The Rivers State Television (RSTV), in Elelenwo.

He noted that public service demands commitment and sacrifice, urging workers to justify the opportunities entrusted to them through diligengence and productivity.

“All I try to do is to see that we have value for every kobo that we spend and value for our time.

“Government has a social responsibility to provide opportunities, but when you have one, you must guard it through hard work and ensure your presence is justified,” he stated.

The Permanent Secretary further appealed to workers to see themselves as ambassadors of their respective institutions, adding that government remains committed to creating employment opportunities and improving public service delivery.

Also speaking, former Acting Managing Director of the Niger Delta Development Commission (NDDC), Dr (Mrs.) Christiana Atako, praised the station’s professionalism and consistency despite operational challenges.

“We have never been disappointed. In spite of all the challenges RSTV had at that time, they never failed us. They carried our stories very well,” she said.

Dr Atako encouraged staff members to continually improve themselves through training, education and professional development in order to remain competitive in the evolving media industry.

Earlier, Acting General Manager of RSTV, Ambassador Paul Damgbor, described the anniversary celebration as an opportunity to reflect on the station’s journey of over four decades and appreciate those who have contributed to its development.

Pastor Damgbor said that the station had recorded remarkable improvements in recent months through the acquisition of digital cameras, computers as well as upgrades in audio and visual production facilities.

“We have seen great change. We were able to get new brand digital cameras and improve on our audio. We have also provided new computers for key departments, including News, Programmes and the Library,” Damgbor remarked.

He also unveiled a commemorative magazine chronicling the history and achievements of the station, describing it as a valuable reference material for preserving RSTV’s heritage.

The Acting General Manager, however, expressed concern over the theft of critical equipment from the station’s transformer, a development he said had forced the organisation to rely heavily on generator power supply.

The Senior Pastor of Gateway International Church, Pastor George Izunma, who gave a short charge during the event, urged media practitioners to uphold the ethics of journalism and remain committed to accuracy in reporting.

“You are pressmen. You are okay to doubt, but verify,” he advised, stressing the importance of credibility and responsibility in the profession.

He equally highlighted the need to “ask the help of God, sow a seed of help, and step into something as if you have help” stressing the need to move by faith for growth.

Some participants at the event also raised concerns about employment opportunities while commending RSTV’s growth and contributions to public enlightenment in Rivers State.

A major highlight of the celebration was the presentation of an award to the Rivers State Ministry of Information and Communications in recognition of its diligence and service to the people of the state. Dr Honour Sirawoo also received a special award for his contributions to the growth and development of RSTV.

Awards were equally presented to outstanding members of staff of RSTV for exemplary performance and their dedication to duty.

The event also featured the unveiling and launch of the RSTV commemorative magazine as well as a tour of the station’s newly built cafeteria and other facilities.

The celebration marked another milestone in the station’s 41-year history and reaffirmed its commitment to excellence in public broadcasting.