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Tinubu Prevented ₦5.4 Trillion Petrol Subsidy Burden For Nigeria In 2024 – Gov Abiodun
Tinubu Prevented ₦5.4 Trillion Petrol Subsidy Burden For Nigeria In 2024 – Gov Abiodun....KINDLY READ THE FULL STORY HERE▶
The Governor of Ogun State, Dapo Abiodun, has said President Bola Tinubu saved the country from paying ₦5.4 trillion for petrol subsidy in 2024.
The Ogun State Governor said Nigeria has been subsidizing petrol for other neighbouring African countries through subsidy payments by other administrations.
Governor Abiodun stated this during a church service commemorating the 64th Independence Day celebration held at the Cathedral Church of St. Peter, Ake, Abeokuta.
He enjoined Nigerians to persevere in the hardship, stating the President is repositioning the country for greater growth
“The federal government under the amiable leadership of our President, Bola Tinubu, wasted no time in embarking on some very bold and audacious initiatives aimed at repositioning our economy and saving us from bankruptcy. We must persevere.
“Mr. President removed the subsidy, which, if not curbed, would have cost us ₦5.4 trillion by the end of 2024.
“We have been busy subsidizing our neighbours, these are funds that can be invested in improving our infrastructure and other social services.
“Our budget this year for infrastructure was ₦6.7 trillion, meanwhile, the subsidy would have consumed N5.4 trillion, if not curbed or checked,” he said.
Dapo Abiodun further advised Nigerians to shun the October 1st protest. He called for prayers for the country. He noted that it would be better to engage with the government constructively than to engage in protest.
“Let us be resilient, let us continue to pray, let us persevere, and let us hold on to our faith in Almighty God.
“Let us not join those who continue to fan the flames of discord in our land, and those who are calling for protests, violence, and civil disobedience, which only leads to vandalism, looting, and destruction of public property.
“Let us engage constructively and work with the government, knowing that this administration is an inclusive one,” Governor Abiodun added.
Kaduna State Governor, Uba Sani, says the state has mapped out 22,435 hectares of degraded land for restoration under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project using modern geospatial mapping technology.....KINDLY READ THE FULL STORY HERE▶
He said the initiative is part of efforts to strengthen climate resilience, tackle environmental degradation, and promote sustainable land use in the state.
Speaking at the ACReSAL mid-term review meeting in Kaduna through the Commissioner for Environment and Natural Resources, Abubakar Buba, the governor explained that the use of geospatial tools has made it possible to accurately identify affected areas for targeted intervention.
He added that the project is not only focused on land recovery but also on boosting agricultural output and improving livelihoods in affected communities.
Sani also noted that the state is supporting the programme with empowerment initiatives, including training over 500 women, youths, and school feeding vendors in biomass briquette production.
According to him, the effort is already helping to reduce dependence on firewood while creating alternative sources of income for beneficiaries.
President Tinubu has given full backing for the implementation of the ₦68.32 trillion 2026 budget after signing the Appropriation Bill passed by the National Assembly into law.....KINDLY READ THE FULL STORY HERE▶
He also approved an amendment extending the lifespan of the 2025 budget from March 31 to June 30, 2026, to ensure completion of ongoing capital projects nationwide.
Under the 2026 fiscal plan, ₦4.799 trillion is set aside for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trillion for recurrent spending, while ₦32.2 trillion goes to capital projects—about half of the total budget.
The focus, according to the administration, is on infrastructure development, security, and growth-driven investments aimed at improving living standards.
Speaking on the development, presidential aide Bayo Onanuga said the extension of the 2025 budget will help ensure full use of allocated funds, especially for major ongoing projects.
Tinubu directed all ministries, departments, and agencies to ensure transparency, discipline, and value-for-money in implementing the budget, while praising the National Assembly for its swift passage of the bill.
He also reaffirmed his administration’s commitment to economic reforms, revenue growth, job creation, and social welfare improvements.
The Peoples Democratic Party (PDP) in Kwara State has described moves to prosecute former Senate President Bukola Saraki and former Governor Abdulfatah Ahmed over alleged culpable homicide as an attempt to reopen the 2018 Offa robbery tragedy for political purposes.....KINDLY READ THE FULL STORY HERE▶
In a statement on Friday, the party’s spokesperson, Olusegun Adewara, said the development is a disturbing and dangerous politicisation of a case they claim has already been addressed through judicial processes.
He warned against dragging the state into fresh tension, accusing the state government of attempting to revive old allegations for political advantage.
Adewara said the PDP would not remain silent while what he called “political narratives” are used to influence public perception around a tragic incident that claimed multiple lives in Offa in 2018.
He also urged residents, especially affected families, not to allow their pain to be used for political gains, insisting it is unjust to associate Saraki with the crime.
The party further alleged that the move is aimed at distracting attention from governance challenges in the state.
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