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Fuel Subsidy: What Nigerian Governors Discussed With President Tinubu

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State Governors on Wednesday expressed strong support for President Bola Tinubu’s decision to end fuel subsidy payments in the country and other early policy initiatives of the administration.

Naija News reports that this was made known in a statement by the State House Director of Information, Abiodun Oladunjoye.

The governors, who took turns to speak when the President hosted members of the Nigerian Governors’ Forum (NGF), led by its chairman, AbdulRahman AbdulRazaq of Kwara State, at the State House, expressed happiness with the President’s subsidy-removal decision, all-inclusive leadership and statesmanship.

They congratulated President Tinubu for tackling the fuel subsidy behemoth, promising to work with him to ameliorate the short-term impact of the decision.

President Tinubu had earlier called on the governors to collaborate with the Federal Government in tackling the menace of poverty in the country, saying the level of impoverishment was unacceptable.

The President advised the political leaders to downplay their differences and jointly focus on alleviating the sufferings and pains of the people.

“We can see the effects of poverty on the faces of our people. Poverty is not hereditary, it is from the society. Our position is to eliminate poverty. Set aside partisan politics, we are here to deliberate about Nigeria and nation-building,’’ he said.

President Tinubu stated that the nation should be seen as one big family.

“We are a family occupying one house, and sleeping in different rooms. If we see it that way and push forward, we will get our people out of poverty. A determined mind is a fertile ground for delivering on results,’’ he added.

The President said good governance would safeguard the future of democracy.

“Present in this room is our diversity in culture and politics, but we are one nation. The unity and stability of the country rest upon us.

“We are in a democracy and we have to nurture the democracy. It is a hard-earned system and not easy to manage. If anyone thinks it is easy, look at other nations who are over a hundred years in democracy.

“We have managed ourselves very well to have a democracy. We have campaigned and arrived at our present destination. We must work for our people,’’ President Tinubu told the governors, while assuring them that he would maintain an open-door policy.

The President said he was prepared to share ideas, strengthen institutions, and create bottom-up frameworks that will improve the livelihood of Nigerians.

“What do we do in the face of crushing poverty? What do we do with our development goals? We took the bull by the horns by removing the elephant in the room, before the nation sinks.

“We need synergy to fight other vices like corruption. We are trying to get smugglers out of the way. How do we work together to galvanize the economy, and put resources in place. We must think and perform.

“After removing subsidy, there must be savings accruing to the Federation Account,’’ he noted.

President Tinubu said the education sector must be improved as part of efforts to reduce poverty and penury:

“How do we address the unacceptable level of poverty? How much are we investing in education, which is the only tool against poverty? I am ready to collaborate with you.’’

Tinubu also drew attention to the security problems in some states, admonishing the governors that all efforts should be put in place to tackle the security situation, without thinking it’s only for those facing it.

The Chairman of the NGF and Governor of Kwara State, AbdulRasaq, thanked the President for the invitation to deliberate on the challenges of poverty and security, promising that the governors would support the Federal Government in meeting the targets of human development.

“The NGF will follow the tradition of working constitutionally and harmoniously with you,’’ he said.

The meeting, which was attended by Vice President Kashim Shettima and new Secretary to the Government of the Federation George Akume, had 22 governors and two deputy governors from Edo and Niger States, in attendance.

The governors made suggestions highlighting the plight of citizens in their states, assuring the President of their support in proffering solutions through the National Economic Council

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Entertainment

BREAKING: Ilebaye Wins BBNaija All Stars Edition

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Following a suspense-filled evening, the grand finale of BBNaija All Stars commenced at 7 pm tonight.

Housemates were gradually eliminated from the competition, with Cross, Pere, and Adekunle being the first to exit. This led to an extraordinary situation where the top three remaining contestants were all female, marking a historic milestone within the Big Brother franchise.

The tension continued, and eventually, Ceec was evicted, leaving Mercy and Ilebaye as the final two housemates competing for the price money of N120 Million

In the end, it came down to Mercy and Ilebaye as the top two finalists, with Baye who emerged victorious as the winner of the BBNaija All Stars Edition

More to follow….

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Business

BREAKING: Jubilation across Nigeria as BUA Reduces Price Of Cement To N3,500

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One of the major companies in Nigeria, BUA Group , has announced a reduction of ex-factory cement price to N3,500 per bag.

The company, which made this known in a statement on Sunday, said the reduction will take effect from 2 October, 2023.

The statement titled : ‘BUA Cement reduces ex-factory cement prices to N3,500/bag effective October 2, 2023’, reads in full :

“We refer to our previous pronouncements regarding our intent to reduce cement prices upon the completion of our new lines at the end of the year, in order to spur development in the building materials and infrastructure sectors.

As per the commitment made to reduce prices and following a periodic review of our operations for efficiency, the management of BUA Cement Plc wishes to announce and inform our esteemed customers, stakeholders, and the public that effective October 2, 2023, we have decided to bring the price reduction forward. As a result, BUA Cement would now be sold at an ex-factory* price of 3,500 Naira per bag so that Nigerians can begin to enjoy the benefits of the price reduction before the completion of our plants.

Upon completion of the ongoing construction of our new plants, which would increase our production volumes to 17million metric tonnes per annum, BUA Cement PLC intends to review these prices further in line with our earlier pronouncements by the first quarter of 2024.

NOTE: all pending, undelivered orders which had been paid for at the old prices will be reviewed downwards to N3500/bag in line with the new pricing from October 2, 2023. Our licensed dealers are also enjoined to ensure that end-users benefit from this reduction in ex-factory prices as we will monitor field sales to ensure compliance

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Football

Martinez makes history after coming off bench to score four goals in Serie A

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Lautaro Martinez scored four goals for Inter Milan against Salernitana- as a second half substitute.

The Argentine came onto the field in the 55th minute of the game with the scores level at 0-0. The World Cup winner scored four in the next 30 minutes, as Inter eventually ran out 4-0 winners.

Martinez subsequently became the first-ever player in the Serie A to score four goals in a game as a substitute.

Inter have bounced back from their 2-1 defeat against Sassuolo on Thursday, October 27 which saw them drop points for the first time this season. Thanks to Lautaro, Inter will maintain their spot as Serie A leaders.

Inter will now play host to Benfica in the second matchday of the Champions League group stage on Tuesday, October 3.

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