Connect with us
Maduka University Advert

Politics

Tinubu to decide subsidy removal date after inauguration

Published

on

Maduka University
All Progressives Congress Presidential Campaign Council has said the incoming administration of Asiwaju Bola Tinubu will decide the date the fuel subsidy will be removed.

Though the regime of the President, Major General Muhammadu Buhari (retd.) said the subsidy policy would end by June when the budget for the initiative would lapse, the Chief Spokesperson for the All Progressives Congress PCC, Festus Keyamo, on Sunday, noted that the next government would determine the terminal date for the subsidy regime.

There has been apprehension over the planned removal of subsidy with marketers and other petroleum stakeholders projecting that the development may push fuel prices to N750 per litre.

Despite the anxiety over the issue, the Petroleum and Natural Gas Senior Staff Association of Nigeria last week called for subsidy removal.

PENGASSAN’s President, Festus Osifo, who said this at the National Executive Council meeting of the association in Abuja, implored the government to ensure the speedy rehabilitation of Nigeria’s refineries, stressing that this would help ease the hardship that could arise from the halt of fuel subsidy.

Advertisement

But the Nigeria Labour Congress has vowed to resist the plan, insisting that the refineries must be functional before the subsidy can be tampered with.

The Nigerian National Petroleum Company Limited recently said the country was spending over N400bn monthly on petroleum subsidy which it argued is largely unsustainable.

Speaking with our correspondent, Keyamo stated that he had no doubt that the Tinubu presidency would terminate subsidy payments in line with the plan of the Buhari regime.

He, however, cautioned that since government and not all policy, was a continuum, the former Lagos governor should be left alone to decide on the date of his choice to execute it.

PCC spokesman

Advertisement

The PCC spokesman also explained that June 2023 was chosen by the FG to officially strike out fuel subsidies because the budget did not capture it beyond that date.

He stated, “It is one of the policies by which we campaigned. I cannot sit here and tell you when exactly it will be done. But the removal of subsidies is something that the president-elect pledged to do. Not only him. Virtually all the leading presidential candidates took the same position.

“Why the FG targeted June (to end subsidy) was that the budget only provided for subsidy up to June. That was the reason. But the new government will decide when it wants to. Of course, you know that when a new government takes over, the country is at its beck and call. Yes, I agree that government is a continuum. But all policies are not a continuum.”

On what the president-elect plans to do to cushion the impact of the removal of the subsidy, the PCC spokesman gave assurances that Tinubu would definitely look into it.

He stated, “I can assure you that the president-elect being who he is will not do that without corresponding palliative (measures) to the masses. I can tell you that confidently.”

Advertisement

In the same vein, Keyamo also cautioned the NLC not to incite the masses against the decision, noting that the Labour Party presidential standard bearer, Peter Obi, similarly endorsed the subsidy removal during the build-up to the February 25 polls.

Recall that Obi promised to phase out fuel subsidy completely if elected as the president.

Reacting to the NLC and the Trade Union Congress’ opposition to the planned subsidy removal, Keyamo dismissed their stance, insisting that NLC had no moral right to ask the Federal Government to retain fuel subsidy when it openly endorsed a presidential candidate that called for its removal.”

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

2027: Mass Protest Vote Looms in Anambra South as NOWAS Backs Onunkwo

Published

on

Maduka University

By Okey Maduforo, Awka

Ahead of the 2027 National Assembly elections, a mass protest voting movement may be building up in Anambra South Senatorial District, following reported moves by members of major political parties to support the candidate of the Nigeria Democratic Congress (NDC), Chief Ebuka Onunkwo.

The development is said to be linked to grievances among some members of the All Progressives Grand Alliance (APGA), All Progressives Congress (APC), African Democratic Congress (ADC) and remnants of the Peoples Democratic Party (PDP) over the treatment allegedly meted out to Onunkwo during previous political contests.

Onunkwo, who had previously contested the Anambra South senatorial seat under APGA, later emerged as the NDC candidate for the 2027 election.

Although the ADC is currently embroiled in legal disputes over the authentic candidates and the conduct of its primary elections, some members of the APC and APGA are also reportedly dissatisfied with developments within their respective parties.

Advertisement

It was gathered that a section of APGA members, in particular, are backing Onunkwo as a form of protest over the conduct of the party’s senatorial primary, while some members of other parties are also believed to be considering voting for him irrespective of their party affiliations.

Confirming the growing support for Onunkwo, the Chief Executive Officer of NOWAS Oil and Gas Limited and a major stakeholder in Anambra South politics, Chief Ignesus Ikechukwudere Nnubia, said the NDC candidate currently enjoys widespread acceptability across party lines.

Nnubia said the growing support for Onunkwo had made his party affiliation less significant, arguing that voters would ultimately vote according to their conscience and assessment of the candidates.

He said, “At the moment, the number of APGA members with him and supporting him makes one wonder what is left of that party. Even the remnants of the PDP have pitched their tents with him, while members of the ruling APC at the national level are also behind him.

“So, the party that he belongs to is not a factor at all. You know that it is a game of numbers, and people are going to vote according to their conscience and not necessarily because of the political party they belong to.

Advertisement

“People are not bound to vote for their party, and some of them are ready and willing to vote for him.

“We are not talking about the party because he will surely get votes from the NDC, APGA, APC and even other political parties that are already closing ranks to support him as their candidate.”

Nnubia further described Onunkwo as the candidate currently standing tall among the contenders for the Anambra South senatorial seat, expressing confidence that his emergence would usher in what he described as a “new dawn” for the district.

He said political parties should not be the major consideration for voters, stressing that what matters most is the ability of elected representatives to improve the lives of their constituents.

According to him, political parties exist because of the people, and therefore the influence of party structures and incumbency has its limits during elections.

Advertisement

Nnubia said those factors would ultimately be tested by the electorate in the 2027 election, which he described as a contest in which voters’ choices would determine the outcome.

Continue Reading

Politics

2027: Odii: I’ll Attract ₦2tn Investment to Ebonyi in Six Months

Published

on

Maduka University

The Peoples Democratic Party (PDP) governorship candidate for the 2027 Ebonyi State election, Chief Ifeanyi Chukwuma Odii, has pledged to attract more than ₦2 trillion in private-sector investment to the state within six months of assuming office if elected.

Odii made the pledge while addressing supporters in Lagos ahead of the formal commencement of his campaign.

He said his investment strategy would cover key sectors of the Ebonyi economy, including mining, hospitality, real estate and manufacturing.

According to the PDP candidate, he has identified more than 2,000 prospective investors, each capable of investing about ₦1 billion in the state.

“I have over 2,000 people who can invest ₦1 billion each. When you multiply it, you will get over ₦2 trillion. This has been structured in such a way that all aspects of the economy will be involved,” Odii said.

Advertisement

He said the proposed investment drive was designed not only to inject capital into the state but also to create jobs, expand the productive base of the economy and provide opportunities for young people and entrepreneurs.

Odii said Ebonyi’s natural resources and strategic location placed it in a strong position to attract large-scale investments if its economic potential was properly harnessed.

He promised that his administration would prioritise private-sector participation, industrialisation and job creation while creating an enabling environment for both local and foreign investors.

The candidate also said existing businesses in the state would be supported to expand, while new investors would be encouraged to establish operations across various sectors.

His pledge comes amid growing political activities ahead of the 2027 governorship election, with economic development, employment generation and wealth creation featuring prominently in his campaign message.

Advertisement

The proposed ₦2 trillion investment target within six months, if achieved, would represent a significant boost to Ebonyi’s economy and rank among the most ambitious private-sector investment mobilisation plans proposed in the state.

Continue Reading

Politics

Anambra APC Sidelined Over First Lady’s Visit, Says Chairman Anosike

Published

on

Maduka University

By Okey Maduforo, Awka

The planned visit of the First Lady of Nigeria, Senator Oluremi Tinubu, to Anambra State has sparked controversy following a protest by the state Chairman of the All Progressives Congress (APC), Senator Emma Anosike, that the party was not informed about the visit.

Anosike said the APC in Anambra was never consulted or briefed about the proposed visit, adding that the party was taken aback by reports that the wife of the party’s national leader and presidential candidate, President Bola Ahmed Tinubu, would be visiting the state without recourse to the state chapter.

He said, “It is indeed strange that the First Lady of our presidential candidate is visiting Anambra State without recourse to the party in the state.

“The party wishes to state categorically that we are not part of the arrangements for the reception of our First Lady, Senator Oluremi Tinubu, because the party was never put in the picture.”

Advertisement

Anosike also dismissed the mantra that “The Progressives Are Working Together”, being canvassed by the All Progressives Grand Alliance (APGA), describing it as a smokescreen by the ruling party in Anambra to hijack President Tinubu’s re-election from the APC.

He said, “For instance, the APGA-led government in Anambra State did not interface with us on the organisation of the visit, and the party wonders if the progressives are indeed working together.”

The APC chairman, however, said the development would not compromise the First Lady’s visit, urging all APC members and supporters in the state to turn out and give Senator Oluremi Tinubu a warm welcome.

He stressed that despite the party’s reservations over the arrangements, APC members remained committed to welcoming the First Lady to Anambra State.

Advertisement
Continue Reading

Politics

2027: Former Deputy Governor Resigns From APC

Published

on

Maduka University

Former Deputy Governor of Bauchi State, Sagir Saleh, has resigned his membership of the All Progressives Congress (APC).
Saleh, who served as deputy governor under former Governor Isa Yuguda, announced his resignation in a letter submitted to the party leadership in Katagum Local Government Area.
He cited personal reasons for his decision but did not provide further details.
His exit comes amid growing disagreements within the Bauchi APC following the party’s 2027 governorship primary. Other prominent members, including former governorship aspirant Bala Jibrin and Sunusi Kunde, an associate of Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, have also reportedly left the party.
Jibrin, a former National Auditor of the defunct Congress for Progressive Change (CPC), resigned on August 31, 2026, following his opposition to the emergence of former Bauchi Governor Muhammad Abubakar as the APC’s 2027 governorship candidate.
He had criticised the primary process and questioned how the candidate emerged.
Kunde also resigned from the APC in August, submitting his resignation to the party chairman of Beti Ward in Misau Local Government Area.
The latest departures are coming as efforts continue to resolve internal disputes and disagreements among APC members in the state.

Continue Reading

Politics

Primate Ayodele Warns Peter Obi, Atiku Over Alleged Assassination Plot Ahead of 2027

Published

on

Maduka University

The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has raised the alarm over an alleged plot to assassinate former Anambra State Governor, Peter Obi, and former Vice President Atiku Abubakar ahead of the 2027 general election.

Ayodele issued the warning in a video shared on his verified X account on Sunday, urging both opposition figures to strengthen their security and remain vigilant.

The cleric did not identify those allegedly behind the purported plot but claimed that attempts were being made to eliminate Obi and Atiku.

According to him, divine intervention would prevent the alleged plan from succeeding.

“Obi and Atiku, be very conscious of your security. They are looking for any means to eliminate Obi and Atiku.

“But God will never allow it to happen. Watch out and be cautious about your security,” he said.

Ayodele also urged President Bola Tinubu to reconsider travelling to the United States, alleging that there were forces in America working against his political fortunes.

Advertisement

The claims come as political activities and realignments intensify ahead of Nigeria’s 2027 general elections.

Continue Reading
Advertisement

Trending