Connect with us

Latest News

Tinubu’s 50% Electricity Subsidy for Universities and Hospitals Praised by House Committee

Published

on

Tinubu’s 50% Electricity Subsidy for Universities and Hospitals Praised by House Committee....KINDLY READ THE FULL STORY HERE▶

President Bola Tinubu’s decision to approve a 50% electricity subsidy for universities, hospitals, and other tertiary institutions has been hailed as a significant and positive development by the House of Representatives Committee on University Education. This approval comes as a much-needed relief for institutions grappling with skyrocketing electricity tariffs.

In a statement issued on Monday, Hon. Abubakar Hassan Fulata, Chairman of the House Committee on University Education, expressed gratitude to the President for responding to their calls for assistance. He emphasized the critical impact high electricity costs have had on Nigeria’s universities, with some institutions facing disconnection due to their inability to meet the financial demands.

Fulata noted that during recent visits to over 30 federal universities across 25 states and the Federal Capital Territory, Abuja, the committee observed that the high electricity tariffs had become a significant burden. “While almost all the universities are struggling to pay the high electricity tariffs, some of them have been disconnected from public light by the electricity distribution companies,” Fulata remarked.

He cited the University of Jos (UNIJOS) as an example, explaining how the institution’s monthly electricity bill soared from around N20 million to over N100 million after being placed in Band A, the highest electricity tariff group. This financial strain led to the disconnection of UNIJOS from the public power supply.

Fulata praised President Tinubu’s decision, stating, “We are grateful for this decision Mr. President has taken as it will go a long way in addressing the challenge of electricity supply in the tertiary institutions of learning in the country.”

The subsidy is not the first time President Tinubu has responded to the committee’s appeals for improvements in the education sector. Fulata also highlighted the President’s previous actions, such as removing tertiary institutions from the Integrated Payroll and Personnel Information System (IPPIS) and reconstituting councils for these institutions.

Minister of State for Health, Tunji Alausa, recently confirmed the President’s approval of the subsidy, announcing that the Ministry of Power is currently working out the payment modalities. Alausa’s announcement underscores the administration’s commitment to supporting public hospitals and educational institutions, ensuring that they can continue to function effectively despite economic challenges.

Latest News

“Kano Will Fall!” – NDC Candidate Declares Total War On APC Ahead Of 2027.

Published

on

Aminu Abdulsalam Gwarzo, the Nigerian Democratic Congress (NDC) governorship candidate for Kano State, has declared his firm belief that his party will defeat the incumbent administration in the 2027 elections. During a recent event to affirm his candidacy, the former deputy governor emphasized the unity between the NDC and the Kwankwasiyya movement, asserting their shared determination to lead Kano State in a new direction.....KINDLY READ THE FULL STORY HERE▶

Gwarzo reaffirmed the movement’s unwavering commitment to the ideals of its leader, Rabiu Musa Kwankwaso, stating, “We are the followers of Kwankwaso. We are here, and we continue to pray day and night. By the will of Allah, this government will be defeated in a single stroke.” He pointed to the palpable enthusiasm within the movement as clear evidence that democratic change is well within reach.

Looking toward the upcoming election, Gwarzo outlined a strategy centered on robust grassroots mobilization and consistent engagement with the electorate. He also encouraged his supporters to maintain peace and adhere to the law as the political climate heats up. Finally, he called on the people of Kano to critically evaluate the performance of their political leaders to ensure they are prepared to make informed choices at the ballot box.

Continue Reading

Latest News

“Relief At Last!” – Dangote Refinery Slashes Petrol Price To ₦1,250 Per Litre.

Published

on

The Dangote Petroleum Refinery has adjusted its gantry price for Premium Motor Spirit (petrol), lowering it from ₦1,275 to ₦1,250 per litre, marking a two per cent reduction. This price shift is attributed to a decline in international crude oil prices, which serve as the refinery’s primary feedstock.                                                                                                                                                                                                                                                                                                                                                    An official from the refinery noted that such adjustments are expected in a deregulated market and emphasized that the company will continue to calibrate prices based on evolving market conditions. Despite this move, current retail prices at many filling stations across Nigeria remain above ₦1,350 per litre, with costs varying by location and marketer.Beyond pricing, the refinery has been credited as a key driver of Nigeria’s improving economic outlook. S&P Global Ratings recently upgraded the country’s long-term foreign- and local-currency sovereign credit ratings from “B-” to “B,” citing factors such as stronger economic growth, increased oil production, and improved external balances. S&P specifically highlighted the operational ramp-up of the Dangote refinery’s 650,000-barrel-per-day facility as a significant contributor to the nation’s enhanced balance-of-payments position and overall economic resilience.....KINDLY READ THE FULL STORY HERE▶

Continue Reading

Latest News

Political Grudge Match: Ganduje Mocks Kwankwaso, Declares Him His Former “Political Boy”!.

Published

on

A political war of words has erupted between former APC National Chairman Abdullahi Umar Ganduje and former presidential candidate Rabiu Musa Kwankwaso. The friction began when Kwankwaso, speaking at his Kano residence, insisted that prominent politicians—including Ganduje—owe their political rise to his mentorship and cannot deny their past loyalty to him. Ganduje, currently performing the Hajj pilgrimage in Saudi Arabia, responded through his chief of staff, Muhammad Garba, by asserting that Kwankwaso was actually his own protégé. Ganduje highlighted his role in Kwankwaso’s early career, including his support during Kwankwaso’s rise to the House of Representatives and his decision to step down as a gubernatorial candidate in 1998 to serve as Kwankwaso’s deputy. Ultimately, Ganduje advocated for moving away from “godfather” labels to focus on effective leadership and peace in Kano.....KINDLY READ THE FULL STORY HERE▶

Option 2: Concise Summary

Following Rabiu Musa Kwankwaso’s claims that top Kano politicians were once his “political boys,” Abdullahi Umar Ganduje has fired back, asserting he was actually the mentor in their relationship. While Kwankwaso insisted that his former allies owe their success to his political structure, Ganduje countered by citing his own past support for Kwankwaso’s career, including his sacrifice during the 1998 Kano governorship race. Furthermore, Ganduje requested respect for the office of current Governor Abba Kabir Yusuf and urged Kano’s political class to prioritize unity over divisive rhetoric regarding past hierarchies.

Continue Reading

Trending

Copyright © 2023 NIVONEWS