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Tinubu Administration Has Not Brought Back Fuel Subsidy

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Tinubu Administration Has Not Brought Back Fuel Subsidy....KINDLY READ THE FULL STORY HERE▶

The ruling All Progressives Congress (APC) has addressed concerns that the administration led by President Bola Tinubu may have covertly reinstated fuel subsidies. The APC clarified that the government’s intervention was aimed at ensuring a degree of price stability and predictability.

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Reports had surfaced indicating that the administration spent N169.4 billion in August to maintain the fuel pump price at N620. While the opposition seized on this revelation to criticize the Tinubu administration, the APC countered these claims on Monday night, asserting that such substantial payments did not signify the return of subsidies.

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The APC also criticized Phrank Shaibu, the Media Aide to the Presidential Candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, for spreading “fake news” and engaging in activities aimed at discrediting President Bola Tinubu’s administration.

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According to the APC spokesperson, Felix Morka, in a statement issued on Monday night, Shaibu “outed himself in his warped and misleading suggestion that the APC-led Administration was hoodwinking Nigerians by propaganda.”

Morka attributed Shaibu’s comments to a lack of understanding of complex economic and governance issues, possibly stemming from post-electoral traumatic stress disorder (PeTSD) resulting from his boss’s repeated electoral defeats.

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The APC spokesperson emphasized that the administration’s decisions to eliminate fuel subsidies, streamline foreign exchange policies, and enact the Students’ Loan Act were essential steps toward economic development and governance. These measures, while still undergoing implementation, were designed to address long-standing distortions and contradictions and promote overall recovery and prosperity for Nigeria.

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Morka also highlighted President Tinubu’s appointments of experienced professionals to key economic institutions and the creation of the Ministry of Marine and Blue Economy as part of efforts to rejuvenate and grow the economy.

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Regarding diplomatic matters, Morka mentioned the lifting of the Visa ban on Nigerians by the United Arab Emirates (UAE) authorities and clarified that diplomatic discussions with the UAE were ongoing. Additionally, he noted that a proposed meeting between President Tinubu and President Joe Biden during the United Nations General Assembly (UNGA) was unnecessary and not part of President Tinubu’s schedule.

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In summary, the APC sought to debunk the notion of a fuel subsidy reintroduction and criticized Shaibu’s comments as lacking a nuanced understanding of the government’s economic policies and initiatives.

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“Adeyanju Tells Nigerian Govt: Terrorists Deserve Death, Not Forgiveness”.

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Activist lawyer Deji Adeyanju has insisted that terrorists and their collaborators deserve the death penalty, not forgiveness.....KINDLY READ THE FULL STORY HERE▶

Adeyanju made the statement while urging the Federal Government to adopt a stricter approach in tackling terrorism. On his X page, he argued that anyone involved in terrorism—or those supporting them—should face capital punishment rather than leniency.

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He criticized what he described as the government’s tendency to show mercy toward terrorists, warning that such leniency could undermine national efforts to combat insecurity.

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Adeyanju called on authorities to end policies that appear to pardon or reintegrate terrorists, insisting that a firm and uncompromising stance is essential to deter violent extremism and protect citizens.

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“Terrorists and their sympathizers deserve death, not forgiveness. The Nigerian government must stop forgiving and romancing terrorism,” he wrote.

The comments come as Minister of Defence Christopher Musa assured Nigerians that terrorists and bandits are sustaining heavy losses in ongoing military operations. Speaking after a security briefing with President Bola Ahmed Tinubu at the Presidential Villa, Abuja, Musa said the Armed Forces had updated the President on the latest security situation and clarified what he described as “misleading interpretations” circulating in the media.

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“Lagos Residents Hit the Streets Over Constant Power Outages”.

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Residents of Lagos took to the streets on Friday to voice their frustration over persistent electricity outages, describing the state’s power supply as “epileptic” and unsustainable for both daily life and business operations.....KINDLY READ THE FULL STORY HERE▶

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A video shared widely on social media showed dozens of protesters, mostly youths, marching through the Fadeyi area, holding placards and chanting for consistent electricity.

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The demonstrators criticized what they called the collapse of the nation’s power sector, insisting that erratic electricity is disrupting livelihoods and making life increasingly difficult across Lagos.

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Placards carried by the protesters included messages such as:

  • “No More Estimated Billing”

  • “No More Epileptic Power Supply”

  • “No Light, No Life, No Nation”

  • “You’re Destroying Businesses; Give Us Regular Light”

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One protester shouted, “We are not asking for too much. Give us light!” as the march continued.

Local business owners highlighted the heavy toll of inconsistent electricity on their operations, noting that reliance on fuel-powered generators has driven up costs. A shop owner said, “We cannot continue like this. Every day we spend money on fuel because there is no electricity. Many small businesses are closing because they cannot cope.”

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The protest reflects growing public dissatisfaction with power supply in Lagos, with residents calling on authorities and electricity providers to ensure a stable and reliable service.

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“Ikeja Court Seizes Responsible Leaders Hotel Over Alleged Forex Fraud”.

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The Federal High Court in Lagos has ordered the temporary seizure of a multi-billion naira hotel linked to Edward Olutoke, Managing Director of the Ikeja Chamber of Commerce, Industry, and Agriculture, following allegations that the property was purchased with funds obtained through a fraudulent forex and investment scheme.....KINDLY READ THE FULL STORY HERE▶

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According to a statement by the Economic and Financial Crimes Commission (EFCC), Justice A.O. Owoeye, sitting at the Federal High Court in Ikoyi, Lagos, on Wednesday, March 12, 2026, ruled that the Responsible Leaders Hotel, located at 1 Ostra Close, Jobi Fele Way, Alausa, Ikeja, be temporarily handed over to the government. The property is valued at approximately ₦1.3 billion.

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The order followed an urgent application by the EFCC, presented by its lawyer, C.C. Okezie, who provided evidence suggesting the hotel was acquired through illicit means. The application was supported by an affidavit sworn by Obed Tanko, an EFCC investigator.

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According to the EFCC, Olutoke allegedly convinced numerous Nigerians to invest billions of naira in a capital-guaranteed forex trading and investment scheme, promising secure funds and high returns.

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“The suspect allegedly obtained billions of naira from unsuspecting investors under the guise of operating a capital-guaranteed forex trading and investment scheme,” the commission said.

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Investigations revealed that neither Olutoke nor his company had the required legal permits to operate an investment business. Instead of trading the funds as promised, the EFCC claims the money was used to acquire expensive properties, including the Ikeja hotel.

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During the hearing, Okezie argued that the hotel should be seized as it was reasonably suspected to have been purchased with proceeds from unlawful activities. After reviewing the evidence, Justice Owoeye agreed, ruling that the asset should be temporarily taken over while the case proceeds.

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The judge also ordered the EFCC to publish the decision in a national newspaper, allowing anyone with a legal claim to the hotel to come forward and explain why the property should not ultimately be forfeited to the Federal Government of Nigeria.

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