News
85% of Nigerians still enjoying electricity subsidy – FG
The Federal Government has said that about 85 per cent of Nigerians still enjoy the electricity subsidy in the country, despite the over N1tn that would be saved from the fresh tariff hike.
It stated this in response to the continued reactions from Nigerians over the increment in electricity tariff recently announced for Band A customers by the Nigerian Electricity Regulatory Commission.
The NERC had on April 3 announced the tariff increment for Band A power consumers from N68 to N225 per kilowatt-hour with immediate effect.
The regulator had said the new tariff signified a removal of electricity subsidy for Band A consumers who constitute about 15 per cent of the total number of power users across the country.
However, in a statement issued by his Special Assistant (Media), Rabiu Ibrahim, on Saturday, the Minister of Information and National Orientation, Mohammed Idris, said 85 per cent of the Nigerian population who fall under different categorisations of the new electricity supply regime still enjoy the subsidy.
According to the statement, the minister spoke as a guest of the popular Hausa audience participatory programme of Radio Nigeria Kaduna called “Hannu Da Yawa” in Kaduna on Saturday.
He said the disproportionate amount of electricity subsidy, approximately 40 per cent, was benefiting only about 15 per cent of the electricity consumer population, comprising affluent individuals and industrial clusters, who enjoy about 20 hours of electricity.
The statement read in part, “Minister of Information and National Orientation, Mohammed Idris, has said that the over N1tn that would be saved from the withdrawal of electricity subsidy will be reinvested in improving power supply and the provision of social services for the country.
“Idris emphasised that 85 per cent of the population who falls under the different categorisations of the new electricity supply regime still enjoys the subsidy.”
The minister further stated that the new Electricity Act, signed by President Tinubu, had strengthened the governance structure of the Nigerian Electricity Regulatory Commission and empowered the agency to place severe sanctions on electricity distribution companies for infractions relating to billings and supply of electricity to consumers.
News
FG declares wed, Thur, Jan 1, 2025 as public holidays
Federal Government has declared Wednesday, December 25, 2024, Thursday December 26, 2024, and Wednesday January 1, 2025 as public holidays to celebrate Christmas, Boxing Day and New Year respectively.
The Minister of Interior, Dr. Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government extended warm greetings to all Nigerians, urging them to use the festive period to reflect on the values of love, peace, and unity that the season signifies.
In a statement, Tunji-Ojo emphasised the importance of the season as a time to
foster harmony and strengthen bonds across families and communities.
The minister also called on Nigerians to remain committed to the peace, unity and progress of the nation for national development.
“The Christmas season is a good moment for both spiritual reflection and national renewal. As we celebrate the birth of Jesus, the Prince of Peace, let us demonstrate kindness and extend goodwill to one another, irrespective of our differences,” Tunji-Ojo, said.
He assured citizens of the Federal Government’s continued commitment to ensuring peace, security, and prosperity across the nation.
While wishing Nigerians a merry Christmas and a prosperous 2025, the minister expressed his confidence in the Renewed Hope Agenda of President Tinubu’s Administration ushering in the new year, a better and prosperous economy that will be the envy of the world.
News
Basketmouth slams filmmakers for failing to showcase Nigeria’s culture in movies
Popular comedian and filmmaker, Bright Okpocha, aka Basketmouth, has accused some of his colleagues of not showcasing Nigeria’s rich culture in their movies.
The movie star alleged that most of the epic movies released recently do not promote the country’s culture.
In an interview with Hip TV, Basketmouth claimed that the filmmakers wasted opportunities to showcase Nigeria’s culture positively.
He said, “I believe that we still have the opportunity to get it right. But we had a great opportunity to showcase our culture and most of the filmmakers blew it up. They just ruined that great chance because I see epic movies and they look like stage plays.
“When I was seeing most of the epic movies, I was disappointed.
“You guys blew up a great opportunity but let’s hope we still have another chance to strike at it.
“I’m sorry, only very few movies have impressed me so far. I believe that we can do more.”
News
Gov Abiodun commiserates with Makinde, Soludo, Wike over stampede victims
The chairman of the Southern Governors’ Forum, SGF, and Governor of Ogun State, Dapo Abiodun, has sympathised with the governments and people of Oyo, Anambra, and the Federal Capital Territory, FCT, over the tragic loss of lives resulting from recent stampedes at food palliative distribution venues in the affected areas.
The stampedes reportedly claimed the lives of approximately 65 Nigerians, while others sustained varying degrees of injury.
Abiodun expressed his sorrow in sympathy notes to Governor Seyi Makinde of Oyo State, Charles Soludo of Anambra State, and Nyesom Wike of the Federal Capital Territory, saying that the deaths of the victims were especially tragic because they were pursuing necessities for survival.
The SGF Chairman noted that the administration of President Bola Ahmed Tinubu, together with other levels of government, is still working to improve the living standards of the populace, despite the current economic difficulties they confront.
To prevent further tragedy, Abiodun urged all Nigerians to exercise caution and follow security procedures when attending palliative distribution events.
He said: “Deaths such as these diminish us as a people. These disasters occurred at a time when families around the world are in a festive and joyous mood. It is indeed tragic.
“I, on behalf of my family and the good people of Ogun State, commiserate with my brother governors, Seyi Makinde of Oyo State, Charles Soludo of Anambra State, and the FCT Minister, Nyesom Wike, the families of the victims, and all Nigerians on these unfortunate incidents.
“May the souls of the departed rest in peace.”
-
Entertainment1 week ago
Davido reacts after breaking Wizkid’s Spotify record
-
Sports4 days ago
FIFA Intercontinental Cup: Ancelotti becomes Real Madrid’s most successful manager
-
News1 week ago
Man dies after setting himself, wife on fire in Ondo
-
News4 days ago
Atiku reacts to hacking of NBS website
-
Business6 days ago
NB Plc appoints Juliet Anammah as substantive Board Chair
-
Sports6 days ago
Full list of CAF Awards 2024 winners
-
Business7 days ago
Port Harcourt Refinery’s restart crucial to Nigeria’s energy sufficiency – NNPC
-
Business6 days ago
Connect Nigeria Unwraps Exclusive Business Deals This Christmas – The Gift That Keeps On Giving!