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My Policy on Fuel Subsidy Removal Yielding Desired Results, Says Tinubu
President Bola Tinubu has declared that his fuel subsidy removal policy is yielding the desired results, pointing out that prices are gradually declining.
The President also asserted that investors are increasingly showing interest in the Nigerian economy, a development he attributed to the removal of fuel subsidies, a policy introduced on 29th May 2023.
Tinubu made these remarks on Monday while inaugurating the National Youth Council at the Presidential Villa, Abuja.
Addressing the youths, Tinubu emphasised that while politicians will always be politicians, true leadership is about fostering development that benefits future generations.
He urged Nigerian youths to take advantage of the opportunities being created by the government, particularly in the ICT sector, to contribute to national development.
Tinubu said: “I have listened to you. Today is not for long speeches. I just want to reassure you that you are the hope of this country. Everything rests on your shoulders. Every decision I have taken is about you and the future.
“When we removed the fuel subsidy, we were securing a future for generations yet unborn. Where is the investment? Where is the infrastructure? When you hear many professionals say they want to ‘JAPA’, it is because prosperity is not widespread at home. If we create opportunities and empower our people, they will have no reason to leave.
“This is your country to develop, build, and prosper in. The government is fully committed to you. Take this seriously. You can criticise politicians all you want, but ultimately, politics is about development and securing a future for the next generation.
“At the beginning, it seemed uncertain, difficult, and even hopeless. It felt like drawing water from a dry well. But today, the economy is turning a corner. Prices are falling, confidence in our economy is improving, and investors are showing interest. Technology is advancing, and you have opportunities before you.”
The President reminded the youths that they have a crucial role in advancing the nation’s development.
“It is all in your hands. My role is to help navigate, push, and implement key programmes to clear the path for you. But it is up to you to seize the moment. Look me in the eye and tell me what you think—whether it is right or wrong—and offer suggestions. We will consider them as long as they contribute to the prosperity of this country.
“I assure you that we will do everything possible to make Nigeria a better place for you, but we cannot do it alone. You represent over 60 per cent of our population. You are the heartbeat of our nation, and I hope you take this opportunity very seriously,” he said.
China, on Tuesday, opposed US President Donald Trump’s threat to carry out military action against Nigeria over the alleged persecution of Christians, as it backed the Nigerian government in leading its people to follow a development path in line with its national conditions.
Trump Saturday said if the Nigerian government continues to allow the killing of Christians, the US will immediately stop all aid and assistance to the West African country, and may go for military action to wipe out the Islamic terrorists.
Asked for her comments on Trump’s threat, Chinese Foreign Ministry spokesperson Mao Ning told the media that the Nigerian Foreign Ministry issued a statement, stating that the US’s claims did not reflect the current realities in Nigeria, and the government had remained committed to fighting terrorism, strengthening interfaith harmony, and protecting the lives and rights of all its people.
As a comprehensive strategic partner, China firmly supports the Nigerian government in leading its people to follow a development path in line with its national conditions, Mao said.
“China opposes interference by any country in the internal affairs of other nations under the pretext of religion or human rights and opposes the arbitrary use of sanctions and threats of force,” she said.
On the reports that Venezuela is seeking missiles and drones following a dozen US strikes on the boats in the region on the suspicion that they carried drugs, Mao said China is opposed to the use of force in the name of fighting drug cartels.
China supports enhanced international cooperation in combating transnational crimes, but opposes the use of threats of using force in international relations, and actions that undermine peace and stability in Latin America and the Caribbean, she said.
China is against unilateral so-called law enforcement operations against vessels of other countries that exceed reasonable and necessary limits, she added.
“We hope the US will carry out normal law enforcement and judicial activities within bilateral and multilateral legal frameworks,” Mao said, without mentioning whether China will support military equipment to Venezuela.
“China’s normal exchanges and cooperation with Venezuela are conducted between sovereign states, without targeting any third party, nor are they subject to interference or influence by any third party,” she said.
Source: orissapost
The National Security Adviser (NSA), Malam Nuhu Ribadu, on Monday, held a crucial meeting with service chiefs and heads of security and intelligence agencies in the country
The crucial meeting took place at the National Counter Terrorism Centre (NCTC), Abuja, followed reports of a directive by the President of United States, Donald Trump to prepare for possible military action in Nigeria over the alleged genocide of Christians in the country.
Security sources hinted that the emergency meeting, which began in the afternoon was aimed at assessing the implications of Trump’s statement accusing the Nigerian government of failing to protect Christians from Islamist militant groups.
Trump’s remarks, made late Saturday, stated that the U.S. military was being prepared to “act in Nigeria to tackle Islamist militancy” a statement that had triggered widespread concern across diplomatic and security circles in Abuja.
Reports said that the NSA convened the session to coordinate a unified national security response and review intelligence assessments on the potential fallout of the U.S. president’s pronouncement.
The outcome of the meeting is expected to be communicated through official channels from the Office of the National Security Adviser.
The National Working Committee of the Peoples Democratic Party (NWC) has suspended the National Legal Adviser, Kamaldeen Ajibade; National Secretary, Samuel Anyanwu; Deputy Legal Adviser, Okechukwu Osuoha; and National Organizing Secretary, Umaru Bature for one month.
The suspension comes on the heels of the judgement of the Federal High Court On Friday, which stopped the party’s planned national convention.
The National Publicity Secretary of the party, Debo Ologunagba, told journalists in Abuja on Saturday, that the decision followed an emergency meeting of the national working committee, which was held in Abuja.
