Increasing Fuel Price Is Evidence Of Tinubu's Government Insincerity - CNPP.

By


The Conference Of Nigeria Political Parties (CNPP) has reacted to the recent hike in pump price of Premium Motor Spirit (PMS), otherwise known as petrol.


CNPP, in a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, said that the increment less than 60 days after "the Federal Government announced the removal of subsidy is a fresh pointer that the All Progressives Congress (APC) government has never been sincere with Nigerians on the subsidy issue."


The political parties also backed the House of Representatives' move "to investigate the overnight destruction of a vessel with stolen Nigerian crude oil recently without investigation or prosecution of the culprits.


"In the last eight years, Nigerians have been subjected to misery as a result of the incessant increment in the pump price of petrol," the statement read in part.


"Even after the said removal of subsidy on petrol, the Muhammadu Buhari administration continued to increase the pump price of petrol at will under the guise of fuel subsidy removal without adequate cushioning palliatives, leading to untold hardships Nigerians have continued to endure.


"Again, the APC government of President Bola Ahmed Tinubu on Monday, 29 May, 2023, scrapped the already removed subsidy announced by the Buhari administration in 2016. This, again, came with attendant food prices hikes.


"The continued increment of the pump price of petrol without any attempt to build refineries for local refining of petroleum products is unacceptable by Nigerians and a further evidence of insincerity on the part of the federal government, particularly the so called messianic APC administrations."

Comments

Post a Comment

Popular posts from this blog

Empowering the Next Generation of Digital Leaders!"

By
Image
Empowering the Next Generation of Digital Leaders. At Paradigm Initiative, in partnership with BBYDI, we believe in the power of digital skills to transform lives. This video showcases inspiring stories from individuals who have benefited from our training programs.   Through dedication, hard work, and the right guidance, these young minds have unlocked their potential and are now thriving in the digital world.   Now, it's your turn! Join the Cohort 2 Life Legacy Training, a 3-month journey to gain essential digital skills and create your own success story.  📌 Apply here: [ https://forms.gle/CkZuZ4gkdJXGi7zs9 ]( https://forms.gle/CkZuZ4gkdJXGi7zs9 )   Watch, be inspired, and share widely to help us reach more young people!   #YouthEmpowerment #DigitalSkillsTraining #LifeLegacyTraining #TransformingLives. For more information contact the following number. ☎️ : +234 803 767 6867 📞 : +234 816 858 3387 Don't forget to share to the for the young...
Read more

Federal Government May Raise Minimum Wage to N200,000, to Take Decision Soon.

By
Image
There are strong indications that the federal government is favourably disposed to raising the minimum wage to as high as N200k per month as demanded by the organised labour in the country. However, state governors are urging for caution while Anambra State governor Charles Soludo has been asked to chair a Technical Working Group (TWG) to resolve the issues and its various dimensions. LEADERSHIP gathered that the matter was discussed at the last month's National Economic Council (NEC) meeting and it was there that the Salaries, Incomes & Wages Commission made a presentation on how the federal government can meet up with the demand of N200,000 per month minimum wage. Sources, who spoke with Empowered News Network, revealed that President Bola Ahmed Tinubu is specifically and personally convinced that the demand of the organised labour is not unrealistic pointing to his campaign promises as a proof of his readiness to handle the challenge. Recall that President Tinubu as presiden...
Read more

Hakimi:Do You Expect Your Wife To Suffer After Divorce? If You Don’t Trust Her, Don’t Marry Her-Mr.P.

By
Image
Some hours ago, Nigerian music star Peter Okoye took to his verified Twitter page to share his opinion on the alleged divorce case of PSG star Achraf Hakimi, as his wife, Hiba Abouk, filed for divorce and demanded half of his property. However, in a surprising turn of events, the court informed her that her husband legally owns nothing, as all his assets are registered under his mother’s name. Peter Okoye said “I don’t understand why most men are rejoicing over this Hakimi story. I don’t get it. The truth is bitter but needs to be told.  If you don’t trust her, don’t marry, as simple as that. Or are you expecting your wife to surfer after divorce ? Speaking Further, Peter Okoye said,  “Remember: The one you trusted with all your property in the name of Mother was once your father’s wife.” What are your thoughts on this? Feel free to leave your comments with us.
Read more

Ladoke Akintola University LAUTECH Bans All Students From Taking Cars To School.

By
Image
Students of Ladoke Akintola University, Ogbomoso in Oyo State, have been barred from driving or bringing cars to the campus. The management of the institution also banned the use of tinted vehicles by staff members and students, adding that learner permits must be placed on the vehicles of beginner drivers. Unauthorized vehicles parked at various locations in the university are to be taken out with immediate effect. Registrar of the institution, Kayode Ogunleye said the decision was reached at a management meeting held on Wednesday, April 19. He said; "The University management at its regular meeting held, on Wednesday, March 22, 2023, deliberated on the occurrence of traffic on the campus and decided as follows: "Vehicles owned by students are hereby banned from entering the university campus. Vehicles with no registration numbers are no longer allowed on campus. Roadside parking of vehicles should stop forthwith. "Any unauthorized vehicles parked at various positions i...
Read more

Central Bank Of Nigeria Is About To Introduce a New Naira Policy By November 2023 That Would Make $1 USD Exchange Equal N1.25.

By
Image
𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐍𝐞𝐰𝐬: 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐨𝐟 𝐍𝐢𝐠𝐞𝐫𝐢𝐚 𝐢𝐬 𝐚𝐛𝐨𝐮𝐭 𝐭𝐨 𝐢𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐞 𝐚 𝐧𝐞𝐰 𝐍𝐚𝐢𝐫𝐚 𝐩𝐨𝐥𝐢𝐜𝐲 𝐛𝐲 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟑 𝐭𝐡𝐚𝐭 𝐰𝐨𝐮𝐥𝐝 𝐦𝐚𝐤𝐞 $𝟏 𝐔𝐒𝐃 𝐞𝐱𝐜𝐡𝐚𝐧𝐠𝐞 = 𝐍𝟏.𝟐𝟓. The new ‘Strategic Agenda for the Naira’ was announced by the Central Bank of Nigeria, generating a healthy national debate. Before we undertake a nationwide enlightenment program (beginning November 2) to educate the public on the new policy, it is important to clarify some of the issues/questions that are emerging. Needless to emphasize that to appreciate the full impact of the new policy on the Naira/national economy, we need to take the 4-point agenda as a package. As a package, the new agenda will: better anchor inflation expectations, strengthen public confidence in the Naira, make for easier conversion to other major currencies, reverse tendency for currency substitution, eliminate higher denomination notes with lower purchasing power, r...
Read more

Russia Will Support Any Country Fighting Freedom From The West Africa - Vladmir Putin.

By
Image
The Russian President, Vladmir Putin, has vowed to support any country that's determined to defend its national interest against the Western nations. Putin said Moscow would collaborate with any country in the area of technology. He stressed that Russia is determined to actively work on existing cooperative ties and also to create new relations based on its many years of successful experience in mutually beneficial partnerships In a cable message to the participants of the Army 2023 forum, Putin said: "Russia is open to deepening equal technological partnership and defence cooperation with other countries, i.e with all those who seek to protect their national interests and independent development path, and believe it is vital to make joint efforts to building a system of equality and indivisible security that would reliably protect every country." Putin's remark is coming when the military overthrew a democratically elected government in Niger Republic. There are repo...
Read more

Thomas Fuller (The African History Man)

By
Image
 Thomas Fuller, an African sold into slavery in 1724 at the age of 14, was sometimes known as the “Virginia Calculator” for his extraordinary ability to solve complex math problems in his head. He was asked how many seconds there were in a year and a half, he answered in about two minutes, 47,304,000. Again he was asked how many seconds a man has lived who is 70 years, 17 days and 12 hours old, he answered in a minute and a half 2,210,500,800.  One of the men was working out the problems on paper, and informed Fuller that he was wrong, because the answer was much smaller. Fuller hastily replied, "'Top, massa, you forget de leap year." When the leap year was added in, the sums matched. The African History
Read more

How Nigeria's Fuel Subsidy Shock Jolted Cameroon's Economy.

By
Image
In Cameroon, the unintended consequences of Nigeria's fuel subsidy withdrawal ripple across the beleaguered Anglophone region. WHAT HAPPENED TO CAMEROON'S REFINERY? On the night of 29 May, 2019, the lone petroleum refinery in Cameroon was struck by a massive explosion that damaged four of its 13 production units. The incident at the 42,000 barrel-per-day SONARA refinery in Limbe, southwest Cameroon, abruptly stopped petroleum refining in Cameroon. To mitigate the effects of the damage, the government immediately accorded the National Oil Refining Company, SONARA, and other licensed agents, the right to import and market refined petroleum products across the country. Wary of inflation, the government subsidised the prices of the various imported fuel products. The price of a litre of petrol was thus fixed at FCFA 630 (approx. $ 1.4) On 1 February, 2023, with the refinery still not restored almost four years after the explosion, the government increased fuel prices. Petrol and di...
Read more

2023 Elections: I have no trust it's completely broke down - Woke Soyinka.

By
Image
Wole Soyinka.  Nobel laureate, Wole Soyinka has said the 2023 elections in Nigeria "broke his trust" Stating that he was out of the country for some months, Soyinka said the elections was “not exactly the most edifying exercise that we’ve been through.”   “On arriving, I came in for the World Poetry Day, and immediately, I was bombarded by the most horrendous narratives both pre and after the elections,” he said to Channels TV on Monday, April 3.   “Since then, I’ve also read columns; I’ve seen Nigerian papers for the first time in months and I didn’t like what I read at all. “My trust has broken down completely and even the minimum restraint that we’ve learnt to expect from seasoned politicians have been jettisoned completely.” He said the existing mould was going to be broken. “And the signs were there that there would be die-hard opposition to the breaking of that mould,” he said. “Elections should be keenly contested. But I still believe very much in what I call the F...
Read more

If Your "God" Had To Die Before He Could Forgive Your Sins, Try Allah, The Eternal Living.

By
Image
  I  heard some Christians saying that Jesus is God, but He intentionally came to this world to die so He can forgive our sins. In case you know any Christians around, tell them that I have a God that can never be overpowered, or get killed. He doesn’t die! My God says: وَتَوَكَّلْ عَلَى ٱلْحَىِّ ٱلَّذِى لَا يَمُوتُ وَسَبِّحْ بِحَمْدِهِۦ ۚ وَكَفَىٰ بِهِۦ بِذُنُوبِ عِبَادِهِۦ خَبِيرًا And put your trust in the Ever Living Who does not die, and glorify His Praises, and Sufficient is He as the All-Knower of the sins of His slaves.¹ If anyone’s God ever died, let them try my God, Allah, the one who has never died! And another beautiful thing about my Lord is that He doesn’t have to die, or send His son on a suicide mission, just to forgive my sins. He says, قُلْ يَـٰعِبَادِىَ ٱلَّذِينَ أَسْرَفُوا۟ عَلَىٰٓ أَنفُسِهِمْ لَا تَقْنَطُوا۟ مِن رَّحْمَةِ ٱللَّهِ ۚ إِنَّ ٱللَّهَ يَغْفِرُ ٱلذُّنُوبَ جَمِيعًا ۚ إِنَّهُۥ هُوَ ٱلْغَفُورُ ٱلرَّحِيمُ “Say: “O My slaves who have transgressed agai...
Read more