News
It’s getting out of control – Gen Abdulsalami Abubakar worries over economic hardship
Former Nigerian Military Head of State, General Abdulsalami Abubakar, has expressed concerns over the country’s economic hardship, stating that it is “getting out of control.”
Abubakar stated this while receiving the leadership of the Campaign for Democracy and Human Rights, led by Abdullahi Mohammed Jabi, who visited his uphill residence in Minna, Niger State, on Tuesday.
He noted that many Nigerians struggle to afford basic needs like food and transportation.
“Everybody is crying about this hardship and it seems to be getting out of control, people cannot afford three square meals.
“The issue of transportation, the hike in fuel, the hike in school fees for the children and the lack of funds in everybody’s pocket is making life difficult for everybody,” the elder statesman observed.
Gen. Abubakar disclosed that he belongs to a forum that had passed three recommendations to the federal government on the way out of the economic hardship, as giving out palliatives is not the solution to hikes in food and other commodities across the nation.
He suggested the government should provide affordable food options by buying and selling essential items at lower prices.
According to him: “There is a need for government to flood and saturate the communities with food, let them (government) buy food and sell it at lesser prices to the people so that people will try to buy some of these food items depending on their pockets and income.”
Abubakar also urged peaceful protests ahead of the planned #EndBadGovernance demonstration on October 1, recalling the violence and looting that marred previous protests.
News
Tinubu unveils 2024 Christian pilgrimage to Israel, Jordan
President Bola Tinubu has officially flagged off the 2024 main Christian pilgrimage to Israel and Jordan.
This was contained in a statement by the Deputy Director and Head of Media and Public Relations of Christian pilgrimage, Celestine Toruka, and published on the Commission’s official X handle on Monday.
The president, represented by the Secretary to the Government of the Federation, George Akume, urged pilgrims to view their journey as an opportunity to strengthen their faith in God.
He noted that the theme of the 2024 pilgrimage, “Pilgrimage of Renewed Hope for Total Restoration,” aligns with the vision and agenda of his administration.
The president called on the intending pilgrims to pray for the progress of Nigeria, Lagos State, and their families.
Tinubu warned the pilgrims against absconding while in the Holy Land, stressing that there is no better place than home.
Business
Reduction in fuel pump price to reflect at filling stations within the week – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has urged Nigerians to expect a reduction in the pump price of the product within the week.
It should be recalled that last week, the Nigerian National Petroleum Company Limited, NNPCL, and the Dangote Refinery reduced the ex-depot price of petrol to N899 per litre in Lagos.
PETROAN President, Billy Gilly-Harry, spoke on when the price change will take effect while appearing on Monday’s edition of Channels Television’s breakfast show, Sunrise Daily.
“But I believe from today when members start loading from both NNPC and Dangote at this new price reduction, it will reflect in the market.
“But also I’ll give kudos to some of our members, some of the leaders in PETROAN, you know, that have done so well, especially in Abuja, for even reducing their prices to below N1,000 before even this announcement.
“So, we don’t encourage our members to try to sell products at a loss because our focus is to serve Nigerians. And the only way we can serve Nigerians is when we have the resources to be able to do that.
“The resources can only be there if we’re making marginal profit enough to pay for the cost of money and make sure that we continue to do business. So, never mind, you’ll see the translation of this reduction of prices in the retail outlets hopefully within the week,” he said.
According to him, the inability of members to sell in line with the new ex-depot price is due to some of them having old stocks that were bought at higher prices.
The PETROAN boss commended Dangote Refinery and NNPCL for the reduction in the price of the commodity.
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.
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