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Tinubu in Maiden Media Chat, Defends Cabinet Size, Subsidy Removal, Insists on Tax Reform
Nigeria’s President, Bola Tinubu, on Monday firmly defended his administration’s decision to retain his cabinet members, dismissing criticisms that it is “bloated.”
“I am not ready to shrink the size of my cabinet,” Tinubu stated during his first Presidential Media Chat in Lagos.
“I am not prepared to bring down the size of my cabinet,” he reiterated, emphasising that “efficiency” has guided his ministerial appointments.
The president also addressed concerns about the removal of the petrol subsidy in May 2023, reaffirming his stance that the decision was unavoidable.
“I don’t have any regrets whatsoever in removing petrol subsidy. We are spending our future; we were just deceiving ourselves. That reform was necessary,” he said.
According to Tinubu, the removal of the subsidy has fostered competition in the sector, leading to a gradual reduction in petrol prices.
“The market is being saturated. No monopoly, no oligopoly, a free market economy flowing,” he explained.
Tinubu rejected the idea of price control, asserting his belief in the principles of a free market.
“I don’t believe in price control. We will work hard to supply the market,” he said.
On managing electricity bills, which has tripled since the tariff hike for Band A customers, the president advised Nigerians to adopt better energy management practices.
“It’s not negative to learn to manage. You learn to control your electricity bill, switch off the light. Let’s learn to manage,” Tinubu urged.
On controversial tax reform bills, which have divided the northern and southern parts of the country, the president said “no going back”.
“Tax reform is here to stay; we cannot just continue to do what we were doing years to years in today’s economy. We cannot retool this economy with the old broken books, and I believe I have that capacity that is why I went into the race,” Tinubu said.
“I am focused on what Nigeria needs and what I must do for Nigeria, it is not just going to be eldorado for everybody, but the new dawn is here, I am convinced, and you should be convinced.”
The former governor of Lagos State expressed confidence in his security chiefs, arguing the country is more secure than he met it.
He said, “Today, I have confidence in my security architecture. It is very, very unfortunate that, you know, two decades of wanton killing. I remember when I jumped into the campaign, I had to stop the campaign to pay condolence visits to Madiburi, Katsina, Kajuna, Kola. Today, you can still travel the roads. Before now, it was impossible. It took one incident to mess up an organized environment.”
”I am not probing anybody or service chiefs, you cannot disrespect the institution because of the threat of probe. Give them credit for what they are doing, I am proud of what they are doing today.’’
The first hostages freed from Gaza under a long-awaited ceasefire agreement are back in Israel. The news sparked jubilant scenes in Tel Aviv where large crowds gathered ahead of their release.
The three freed Israeli hostages – the first of 33 to be released over the next six weeks – are Romi Gonen, Doron Steinbrecher and Emily Damari. They are said to be in good health and are receiving treatment at a medical center in Tel Aviv.
In exchange, 90 Palestinian prisoners and detainees are set to be released by Israel from Ofer Prison in the occupied West Bank.
The Israeli military withdrew from several locations in southern and northern Gaza after the truce began earlier on Sunday, an Israeli military official told CNN.
Displaced Gazans have started returning to their homes, while the aid trucks laden with much-needed supplies have crossed into Gaza. Here’s what we know about how the ceasefire deal will work.
Hamas, despite suffering devastating losses, is framing the Gaza ceasefire agreement as a victory for itself, and a failure for Israel.
One of Hamas’ main goals for taking some 250 people during its brazen October 7, 2023, attack on Israel was to secure the release of Palestinian prisoners held in Israeli jails. As Israel pounded Gaza in response, Hamas vowed not to return the hostages until Israel withdrew its forces from the enclave, permanently ended the war, and allowed for rebuilding.
Source: CNN
The leader of UK’s Conservative Party, Kemi Badenoch, has said she doesn’t want Britain to be like Nigeria that is plagued by “terrible governments.”
Speaking on Thursday at an event organised by Onward, a British think tank producing research on economic and social issues, Badenoch expressed fears that Britain may become like Nigeria if the system is not reformed.
“And why does this matter so much to me? It’s because I know what it is like to have something and then to lose it,” Badenoch told the audience.
“I don’t want Britain to lose what it has.
“I grew up in a poor country and watched my relatively wealthy family become poorer and poorer, despite working harder and harder as their money disappeared with inflation.
“I came back to the UK aged 16 with my father’s last £100 in the hope of a better life.
“So I have lived with the consequences of terrible governments that destroy lives, and I never, ever want it to happen here.”
Badenoch has been in the news of late after she dissociated herself from Nigeria, saying she has nothing to do with the Islamic northern region.
She also accused the Nigeria Police of robbing citizens instead of protecting them.
She said: “My experience with the Nigeria Police was very negative. Coming to the UK, my experience with the British Police was very positive.
“The police in Nigeria will rob us (laughter). When people say I have this bad experience with the police because I’m black, I say well…I remember the police stole my brother’s shoe and his watch.”
