latest
Civil Rights Coalition Hails Tinubu’s Bold 15% Fuel Tariff Move.
A coalition of civil society organisations under the banner of the Coalition of Civil Rights Activists has applauded President Bola Ahmed Tinubu for approving a 15% import tariff on refined petroleum products, describing the move as a historic step toward Nigeria’s economic independence and energy stability.....KINDLY READ THE FULL STORY HERE▶
According to Nivo News, the group said the new tariff would end the era of substandard fuel importation and chronic scarcity that has plagued the nation for decades.
Speaking at a press conference in Abuja, the Convener, Mr. Agabi Emmanuel, stated that the measure is not designed to raise government revenue but rather to serve as a strategic tool for protecting local refineries from unfair foreign competition.
“This 15% import duty will curb the influx of adulterated and substandard fuels that have damaged vehicles, polluted the environment, and endangered the health of Nigerians,” Emmanuel declared. “It will also ensure steady availability, as local refineries like Dangote, Port Harcourt, Warri, and Kaduna can now operate optimally without the threat of being underpriced by smuggled or cheap foreign imports.”
In a communiqué titled ‘Full Text of Speech by the Coalition of Civil Rights Activists to Laud Mr. President on the 15% Petroleum Import Tax’, the group emphasised that any short-term increase in fuel prices is a small sacrifice for achieving long-term energy security and national self-reliance.
Emmanuel dismissed accusations that the policy promotes monopoly, insisting that existing regulatory frameworks are robust enough to prevent any single entity from dominating the oil market. “This is not about favouritism but about economic transformation,” he noted.
The coalition also urged the National Assembly to expedite social intervention measures, including targeted tax reliefs and cash transfers, to mitigate the impact on vulnerable households. It further appealed to the Presidency to release a transparent implementation timeline and revenue allocation plan within two weeks.
In a passionate address to opposition parties, Emmanuel called for unity, saying, “Let us join hands with Mr. President to bury the subsidy ghost once and for all. History will judge those who put politics above progress.”
The coalition also invited global institutions such as the World Bank and the African Development Bank to support Nigeria with concessional loans and capacity-building programmes that will help maximise the benefits of the policy.
Describing President Tinubu as “a visionary, a strategist, and a compassionate leader,” Emmanuel concluded with a rallying message to Nigerians: “Be patient, be vigilant, and stay hopeful. This 15% tariff marks our journey from dependence to dignity.”
latest
Saraki Rejects Planned Culpable Homicide Trial Move.
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▶
latest
Kogi APC Stakeholders Back Senator Karimi, Call For Unity In Party.
Stakeholders of the All Progressives Congress (APC) in Kogi State have restated their support for Senator Sunday Steve Karimi, who represents Kogi West in the Senate, while also calling for unity within the party ahead of future elections.....KINDLY READ THE FULL STORY HERE▶
latest
ADC Ticket Battle: Kwankwaso, Amaechi, Others Blast Atiku Over Supremacy Claims.
A heated political exchange has erupted within the African Democratic Congress (ADC) presidential race, as camps backing former Vice President Atiku Abubakar’s rivals push back against his claims of superior popularity, especially in the North.....KINDLY READ THE FULL STORY HERE▶
-
latest8 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics2 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
-
Politics2 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
