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Tuesday, 8 December 2020
BREAKING: APC EXPELS HILLIARD ETA, DISSOLVES STATE EXECUTIVES, EXTENDS BUNI-LED CARETAKER COMMITEE BY 6MONTHS
FG AGREES TO CUT FUEL PRICE BY ₦5
However, projections by marketers have it that the pump price of Premium Motor Spirit, popularly known as petrol, may hit N180 per litre this month as oil prices extended their rally on Monday, with Brent crude trading near $50 per barrel.
Brent, the international oil benchmark, has risen by more than 15 per cent since November 13 when the pump price of petrol was adjusted in the country. It stood at $49.39 per barrel as of 7:29pm Nigerian time on Monday.
The Minister of State for Petroleum Resources, Timipre Sylva, had said in September that the Federal Government had stepped back in fixing the price of petrol, adding that market forces and crude oil price would determine the cost of the product.
The National Operation Controller, Independent Petroleum Marketers Association of Nigeria, Mr Mike Osatuyi, said fuel prices might increase before the end of December, considering the current realities in the market.
“Once we have deregulated, petrol price is a function of crude oil price. If in the past few months, oil price has hovered around $40 to $44 per barrel, when it moves to $49-$50, we have to be expecting nothing less than N180 per litre of petrol,” he said.
Osatuyi, in a telephone interview with our correspondent on Monday, said petrol price could reach N200 per litre if oil price crossed the $50 per barrel mark.
“The devaluation of naira by N6 will actually have effect on the pump prices of fuel maybe by the end of this month or early next year,” he added.
He faulted the current situation in which the Nigerian National Petroleum Corporation remained the sole importer of petrol into the country despite the deregulation of petrol price.
“As at today, NNPC is still practicing monopolistic deregulation because it is the only one importing petrol for Nigeria. If you deregulate, you are supposed to make forex available for other players,” he said.
The Chairman, Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, also told our correspondent that private marketers were still unable to import petrol because of lack of access to forex.
He said marketers were also concerned about the discussion between the Federal Government and labour regarding deregulation, adding that discordant tunes would leave investors worried.
“The impression has been that deregulation has been agreed with labour already. It would always help when you know clearly the direction of government,” he added.
The Federal Government removed petrol subsidy in March this year after reducing the pump price of petrol to N125 per litre from N145 on the back of the sharp drop in crude oil prices. The price reduction lasted till June.
Nigerians have seen increases in the pump prices of petrol four times in the past five months, rising from N121.50–N123.50 per litre in June to N140.80-N143.80 in July, N148-N150 in August, N158-N162 in September and N163-N170 in November.
FG LAUNCHES N-POWER NEXIT PORTAL, APPLY FOR LOANS FROM CBN
The Federal Government in collaboration with CBN has introduced a new online portal for exited N-power beneficiaries of batch A and B called NEXIT Portal.
The Nexit Portal allows interested exited N-power beneficiaries to access government’s empowerment programmes.
N-Power Nexit portal is a platform inside the NPVN Portal where all exited N-power Batch A and B beneficiaries will be able to access various Federal Government Youth Empowerment Program.
If you are part of the exited N-power Batch A & B beneficiary, this is a great opportunity you don’t need to miss out.
According to the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq who announced the development on Friday, she said that the EXIT portal is to determine the suitability of the beneficiaries for the CBN affiliated programs.
How to Access The NEXIT Portal
Interested N-power Batch A & B Beneficiaries are advised to follow the step by step Procedures below to Register for NEXIT.
- Visit N-power Portal npvn.npower.gov.ng/login
- Enter your Email and Password
- Click on NEXIT Portal
- Click on Register for NEXIT
- Fill in your correct details
- Click on Submit.
How to Login to N-power Nexit Portal
To log in to Npower NEXIT Portal, please carefully follow the NEXIT login procedures below.
- Visit npvn Portal npvn.npower.gov.ng/login
- Enter your Email/Phone number and Password
- Click on Login
The Nexit Portal Registration is Free. You’re not required to pay anyone for anything.
The ministry said the NEXIT portal will be used to determine the suitability of exited beneficiaries for various CBN-affiliated programmes.
She explained that selection will be based on the conditions and criteria set by the apex bank.
Sunday, 22 November 2020
WE'LL REPEAT SAME ACTION WE TOOK AT LEKKI TOLL GATE ANYWHERE IN NIGERIA IF SUCH SITUATION ARISES AGAIN --ARMY
The Nigerian Army has said that it will repeat same action it took at the Lekki Toll Gate anywhere in the country if such a situation arises again.
Ibrahim Taiwo, Commander of 81 Division of the Nigerian Army, disclosed this on Saturday while testifying before the judicial panel the Lagos State Government set up to probe the incident.
On the night of 20 October, 2020, at about 6:50pm, operatives of the Nigerian Army opened fire on peaceful# EndSARS protesters at the toll gate, killing an unconfirmed number of people.
Despite evidence of people being killed and injured at the Lekki incident, the army had maintained that blank bullets were used on protesters.
While being cross examined by Olumide Fusika, a Senior Advocate of Nigeria (SAN), Taiwo said given the same circumstance, the army would act in a similar way to that of October 20, 2020.
He insisted that there was no shooting of live ammunition at protesters.
NIGERIAN ECONOMY ENTERS SECOND RECESSION IN FIVE YEARS
Saturday, 21 November 2020
JUDICIAL PANEL: I’M UNAWARE NIGERIAN ARMY CALLED LEKKI SHOOTING “FAKE NEWS” ON TWITTER – GENERAL TAIWO
Brig.-Gen. Ahmed Taiwo, Commander of the 81 Division, Military Intelligence Brigade, Victoria Island has said that he was unaware that the Nigerian Army Headquarters had described the shootings at the Lekki Tollgate as “fake news” on Twitter.
Taiwo made the disclosure on Saturday while being cross-examined at the Lagos State Judicial Panel of Inquiry for Restitution for Victims of SARS Related Abuses and Other Matters.
Responding to questions from Mr Adeyinka Olumide-Fusika (SAN), the counsel for some of the #EndSARS protesters, Taiwo said he was unaware of the denial by the headquarters of the Nigerian Army because he did not own a twitter account.
“Why did you tell lies, why did the army deny being at the scene?” Olumide-Fusika queried.
Taiwo denied telling lies and said that the Nigerian Army made the first statements because they did not have the full facts and the army was not sent to Lekki to break up the protest.
“I have not seen the denial that the Nigerian Army on twitter called their presence at the tollgate as fake news,”he said.
Following the General’s denial, Olumide-Fusika questioned him further about the Army’s denials.
“There is controversy between you and our Governor, Babajide Sanwo-Olu, when you (Army) denied saying that it was fake news and the governor came out to say he saw some footage.
“Based on the Army’s tweets, Mr Abubakar Malami (SAN), the Attorney-General of the Federation (AGF) said the people that went to the tollgate must be hoodlums in army uniforms.
“Are you aware of the Army HQ handle on twitter? If you go to your HQ’s verified twitter account right now the denial is still there. I challenge you to go online now to see it.
“Are you not aware that information posted on the Nigerian Army twitter handle on Oct. 21 still exists till this day, aren’t you an intelligence officer?”the SAN queried.
Responding, Taiwo said Sanwo-Olu had made the assertion about seeing some footage before the army made any verification.
“I’m not aware of what the AGF said, I’m not on twitter. I’m speaking here as the most senior Army officer on ground and on behalf of the 81 Division.
“I’m not aware of the Nigerian Army HQ twitter handle, I do not follow it because I’m not on twitter,” he said.
Wednesday, 11 November 2020
#EndSARS PROTEST: DAVIDO, FALZ, BURNA BOY, SAM ADEYEM, 46 OTHERS SUED
Singers, Davido, Falz and Burna Boy; Pastor Sam Adeyemi and 46 others have been sued by an activist, Kenechukwu Okeke over their roles in #EndSARS protest which led to the destruction of his properties.
Okeke instituted the suit at a Chief Magistrate’s court in Abuja on Monday.
According to him, his propeties were destroyed in the aftermath of #EndSARS protest, saying that the promoters of the protest must be brought to justice.
Those sued are: Singers Burna Boy, Davido, Falz, Mr Macaroni, Taooma, Peter and Paul Okoye, Innocent Idibia aka Tuface, Banky W, Tiwa Savage, Don Jazzy and Yemi Alade.
There are also the Senior Pastor, Daystar Christian Centre, Pastor Sam Adeyemi; activist, Aisha Yesufu; ex-Super Eagles legend, Kanu Nwankwo; a former Director-General, Bureau for Public Sector Reform, Dr Joe Abah; journalist, Kiki Mordi, and actors, Yul Edochie, Uche Jombo, Feyikemi Abudu, Olorunrinu Oduala, Pamilerin Adegoke, Japhet Omojuwa, Ayo Sogunro and Deji Adeyanju.
He said, “I shall instigate a private criminal prosecution against all the alleged perpetrators and coordinators of the #EndSARS riots on Twitter. The nation bled, lives lost, and properties worth billions destroyed as a result of the sheer recklessness of some persons.
“Having initiated criminal proceedings against the #EndSARS riots promoters at exactly 1052hrs WAT, 09/11/2020, we shall ensure that same is diligently prosecuted in the interest of defence, public safety and public order. The Federal Republic of Nigeria is country of laws.”
Okeke, in a supporting affidavit said the defendants played key roles in the #EndSARS protest which later snowballed into violence.
He alleged that the 1st to 50th accused persons between the 3rd day of October 2020 and the 28th day of October 2020, using Twitter, an Internet web source with URL https://www.twitter.com within the jurisdiction of this honourable court did conspire among themselves to commit misdemeanour, to wit, promoting and acting in such a manner, with intent to assist in the promotion of #EndSARS and thereby committed an offence punishable under Section 97(2) of the Penal Code Act, C53 Laws of the Federation of Nigeria, 2004.u
The affidavit added that the 1st to 50th accused persons with intent to carry out some common purpose, assemble in such a manner or being assembled under the composition of #EndSARS as to cause persons in the Federal Capital Territory, Abuja, to fear on reasonable grounds that such assembly needlessly and without any reasonable occasion may provoke other persons tumultuously to disturb the peace.
It said properties belonging to the complaint were egregiously destroyed by some riotous and tumultuous persons instigated and incited by the 1st to 50th accused persons.
Tuesday, 10 November 2020
UAE CONVICTS 6 NIGERIANS FOR WIRING $782,000 TO BOKO HARAM, FG OFFICIAL INDICTED
Monday, 26 October 2020
NIGERIAN MILITARY OFFICERS ORDERED SHOOTING OF PROTESTERS IN LEKKI - SANWO-OLU
The Governor of Lagos state, Babajide Sanwo-olu has admitted that Nigerian Military officers ordered the shooting of unarmed #EndSARS protesters at the Lekki Toll Gate last week Tuesday.
Sanwoolu, during a live interview on CNN, disclosed that according to CCTV footage gotten from the scene of the shooting, officers of the Nigerian Army were responsible for the attack.
POLITICS NIGERIA earlier reported that the Lekki shooting generated a massive outcry from human rights organisations and the international community, with many calling for a thorough investigation into the incident.
When asked about who ordered the shooting and which security branch carried out the order, Sanwoolu said;
"From the footage that we can see, there are cameras at that facility. It seems to me that there were men in military uniform, should be Nigerian Army."
The Interviewer pressed further,"So you're saying that it was Military officers who ordered peaceful protesters to be shot in lekki?"
Sanwoolu replied; "Yes, they were there. That's what it shows".
When asked if anyone will be held accountable, Sanwoolu said; "They certainly would....I mean, we'll do everything to ensure that they are held accountable"
"I'm not the C-in-C, I'm Governor of the state."
Saturday, 24 October 2020
WIKE, YOU ARE FINISHED – NNAMDI KANU ATTACKS RIVERS GOVERNOR
Nnamdi Kanu of the Indigenous People of Biafra, IPOB, has launched a verbal attack and threat on the Governor of Rivers State, Nyesom Wike.
This was after Governor Wike, had on Friday proscribed all activities of the IPOB, in the State.
Wike made the declaration in a statewide broadcast over the recent happenings in Rivers State, where the Police Command reported that IPOB members are responsible for the mayhem in the State.
He stated that his administration had severally pleaded, warned and even advised IPOB and its members to discontinue its insurrectional actions in Rivers State to no avail.
Kanu said if he and his group could face the government of Nigeria, Wike cannot stop their operations.
“If you know Nyesom Wike tell him that I, Mazi Nnamdi Kanu, fight DEMONS not mere thieving mortals like him,” Kanu said.
“If the Satanic British created enclave called Nigeria is crying to the UK Government to save them, who the hell is Wike to challenge God’s project which IPOB is?
“Wike should have regard for the following points as contained in the plea letter Nigeria sent to Britain begging them to help stop IPOB…. Wike you are finished.” He declared.