Browsing: Viewpoint

President Bola Ahmad Tinubu has ushered in a new era for Nigeria, marked by significant changes and advancements. Since taking office, he has introduced a wide range of economic measures aimed at addressing key issues in Nigeria’s economy. Notably, the removal of fuel subsidies stands out as a proactive step taken to strengthen the economy. The decision has garnered support from numerous economic experts who foresee a promising future for Nigeria under President Tinubu’s leadership.

Don’t anybody be fooled by the slogans and the phrases of Nigerian politics. In this country, almost every word that’s gained subscription in the political space is not used in its actual context.

It is a pedestrian information that while Nigerians were waiting for the commencement of governance, President Bola Ahmed Tinubu on the day of inauguration, precisely on Monday May 29, 2023, announced the removal of fuel subsidy without putting palliatives in place to assist ameliorate the harsh impact of such policy reversal. Also newsy is that before the dust raised by such a decision could settle, another was up, as the Federal Government again implemented a coordinated but thoughtless hike in fees paid by students of most of the tertiary institutions of higher learning in the country.

It is not a constitutional crisis, it’s a constitutional bastardization and devaluation of our democracy if we can all recall how Ahmed Lawal, the 14th President of the Nigerian Senate. A forefront runner of the All Progressives Congress (APC) presidential aspirant who participated in the party’s primaries and loss.

On Monday May 22, 2023, policymakers and captains of industries from across the world converged at the Lekki axis of Lagos state for the commissioning of the world’s Largest Single-Train 650,000 barrels-per-day petroleum refinery, built by Dangote Group. Going by commentaries, the refinery when become fully operational will give a boost to efforts by the Federal Government to make Nigeria self-sufficient in local refining of crude oil and save the scarce foreign exchange used in the importation of petroleum products.

Even though its has been noted long ago by the sage that no individual, society, state or nation becomes great by living on borrowed funds, a critical look by this piece at the recent approval of a credit facility amounting to N40 billion by the Delta State House of Assembly for the Delta state Governor, Sheriff Francis Oborevwori, for the purpose of assisting the 25 local government councils settle their accumulated pensions owed to retired primary school teachers and local government employees in the state, reveals that the state government’s action was laced with ingrained merit(s).