Connect with us

latest

Nigeria Would Have Gone Bankrupt – Tinubu Defends Fuel Subsidy Removal.

Published

2 months ago

on

President Bola Tinubu recently defended his administration’s decision to remove the fuel subsidy, asserting that the move was essential to rescue Nigeria from imminent bankruptcy and stabilize the economy. During a meeting with state governors to mark the Eid-el-Kabir festival and his administration’s third anniversary, the President acknowledged the initial hardships caused by the reforms but highlighted that the country is now seeing positive results. He noted that improvements in agriculture, infrastructure, and fiscal policies are helping to rebuild investor confidence. Furthermore, he commended the state governors for their support and patience throughout the reform process, expressing optimism that Nigeria is on a firm path toward food sovereignty and sustained economic growth.....KINDLY READ THE FULL STORY HERE▶

During a gathering with state governors to commemorate the Eid-el-Kabir festival and his third year in office, President Bola Tinubu stated that removing the fuel subsidy prevented Nigeria from collapsing financially. Addressing the governors, the President admitted that the policy caused significant public difficulty but insisted it was a necessary sacrifice for economic recovery. He pointed to growth in the agricultural sector, ongoing infrastructure development, and improved macroeconomic indicators as evidence that the reforms are working. Tinubu expressed his gratitude to the governors and the Nigerian public for their perseverance, assuring citizens that his administration remains focused on job creation and reducing economic hardship.

Option 3: Short and Impactful

President Bola Tinubu has credited the removal of the fuel subsidy with saving Nigeria from bankruptcy and setting the nation on a recovery trajectory. In a meeting with state governors held during the Eid-el-Kabir celebrations, the President reflected on the last three years of reforms, noting that while the transition was painful, the economy is now growing, and sectors like agriculture and infrastructure are improving. He praised the governors for their cooperation in maintaining stability and urged continued patience, promising that his administration’s policies will continue to foster food security and long-term economic prosperity.

Related Topics:
Advertisement

latest

MEDICAL MALPRACTICE STORM: MDCAN Launches Full-Scale Probe Into El-Rufai’s Doctor As ICPC Drops Heavy Criminal Charges!.

Published

4 hours ago

on

July 21, 2026

By

  • MDCAN Inquiry: The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has summoned Dr. Bello Abubakar, personal physician to former Kaduna State Governor Nasir El-Rufai, regarding allegations that he issued a false medical report for his patient.....KINDLY READ THE FULL STORY HERE▶

    • ICPC Charges: This development follows the Independent Corrupt Practices and Other Related Offences Commission (ICPC) filing four criminal counts against Dr. Abubakar, a consultant radiation oncologist at the National Hospital, Abuja.

    • Alleged Forgery: The anti-graft agency accuses Dr. Abubakar of knowingly creating a fake report, dated June 10, 2026, titled “Medical Report and Expert Opinion for Urgent Medical Intervention,” intended to support El-Rufai’s bail application in a separate criminal case.

    • Independent Verification: Sources indicate the ICPC consulted MDCAN leadership before initiating proceedings and had the document verified by four independent medical experts—three in Nigeria and one in the U.S.—who all allegedly confirmed it was fraudulent.

    • Abuse of Office: The charges against Dr. Abubakar include giving false information to mislead a public officer, abusing his position to issue the disputed report, and conspiring with a Commissioner for Oaths.

    • Hospital Disavows Report: Prosecution documents reveal that the Chief Medical Director of the National Hospital, Prof. Raji Mahmud, is expected to testify that the facility did not authorize the report and that it was issued without following proper procedures or conducting a medical examination.

Continue Reading

latest

UNDER THE MICROSCOPE: Reps Drop Hammer, Summon SGF Akume, AGF Fagbemi, And Others In Daring Anti-Corruption Move!.

Published

4 hours ago

on

July 21, 2026

By

  • Legislative Summons: The House of Representatives ad hoc committee probing the controversial Presidential Foreign Investment Promotion Council (PFIPC) has summoned Secretary to the Government of the Federation (SGF), Senator George Akume, and other top officials to account for the council’s operations.....KINDLY READ THE FULL STORY HERE▶

    • Focus on Irregularities: Lawmakers are demanding an explanation from Akume regarding how the PFIPC secured office space within the Federal Secretariat despite significant questions concerning its legal establishment.

    • Key Officials Called: Besides the SGF, the panel has ordered the Minister of Finance, the Attorney-General of the Federation, the Accountant-General of the Federation, and the Director-General of the Budget Office to appear on July 21 to clarify their roles in the council’s creation and funding.

    • Conflicting Testimonies: The investigation intensified following testimonies from the Head of the Civil Service, Mrs. Didi Walson-Jack, who stated her office never approved the space, accommodation, or staff for the PFIPC, and from the Central Bank of Nigeria (CBN), which confirmed the council opened two dormant accounts following clearance from the Accountant-General’s office.

    • Commitment to Transparency: Committee Chairman Yusuf Gagdi has pledged a thorough investigation into the council’s entire framework—from its initial existence and office allocation to its bank accounts and inclusion in the national budget—to ensure due process was followed.

Continue Reading

latest

BOMBSHELL DROP: Kwankwaso Expresses Total Shock Over Tinubu’s Daring Move To Repeat A Muslim-Muslim Ticket For 2027!.

Published

4 hours ago

on

July 21, 2026

By

  • Ticket Criticism: Senator Rabiu Musa Kwankwaso, the vice-presidential nominee for the Nigeria Democratic Congress (NDC), criticized President Bola Tinubu on Channels Television’s Politics Today for once again running a same-faith ticket.....KINDLY READ THE FULL STORY HERE▶

    • Call for Balance: Pointing out that Tinubu typically balances political appointments, Kwankwaso suggested he still has time before the substitution deadline to present a more balanced presidential ticket.

    • Personal Example: Recalling his 2023 electoral run, Kwankwaso noted that he intentionally chose an archbishop as his running mate to ensure all groups felt a sense of belonging.

    • Focus on Reality: Kwankwaso maintained that citizens, particularly youth, care far more about improved security and welfare than ethnic or religious politics, dismissing critics of the NDC alliance as disconnected from northern realities.

    • Allegations Addressed: Dismissing a proposed U.S. bill concerning religious persecution and violence as politically motivated, Kwankwaso stated he owns no overseas assets and that the issue has blown over.

    • 2027 Confidence: Expressing optimism regarding ongoing legal hurdles, Kwankwaso voiced strong confidence that no credible judge would block the NDC from contesting the 2027 elections.

Continue Reading

Trending