Connect with us

latest

ATIKU’S SUBSIDY PLAN IS A “DEATH SENTENCE” FOR NNPC! Presidency Issues Terrifying Warning About Economic Catastrophe!

Published

on

  • Explosive Warning: Presidential spokesman Bayo Onanuga has issued a stark warning, declaring that the plan by presidential candidate Atiku Abubakar to restore the fuel subsidy if elected would “certainly kill” the Nigerian National Petroleum Company Limited (NNPC Ltd)[cite: 55, 61].....KINDLY READ THE FULL STORY HERE▶

    • Record-Breaking Performance: The warning follows the release of NNPC Ltd’s 2025 audited financial results, which show an unprecedented 33 per cent increase in profit after tax, soaring to ₦7.2 trillion from ₦5.4 trillion in 2024, with revenue hitting ₦34.5 trillion[cite: 57].

    • Subsidy-Free Success: Onanuga attributed this historic success to the current subsidy-free regime, highlighting that crude oil and condensate production reached a five-year high of 1.77 million barrels per day, while natural gas production hit a three-year high[cite: 58, 59].

    • Vision for NNPC: Asserting that NNPC has the potential to become Nigeria’s equivalent of Aramco, Onanuga warned against reversing the current policy, calling such a move a “100 steps back” for the nation[cite: 61, 62].

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

latest

High Stakes: Nyesom Wike Vows To Resign As Minister If President Tinubu Loses FCT and Rivers In 2027!,

Published

on

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has declared that he will step down from his cabinet position if President Bola Tinubu fails to win both Rivers State and the FCT in the upcoming 2027 general elections.....KINDLY READ THE FULL STORY HERE▶

Addressing the leadership and members of the Apo Mechanics and Traders Association in Abuja on Wednesday, the former Rivers State governor stated that holding office is contingent upon delivering tangible political results in his operational domain. He specifically noted that by January 17, 2027, he would publicly announce his resignation if the administration loses those two critical territories.

Detailing his political framework for the region, Wike emphasized a cross-party coalition strategy aimed at securing electoral victories across all legislative and executive tiers. While backing President Tinubu’s re-election bid, he also endorsed specific local figures, including Philip Aduda for the Senate and former Area Council chairmen running for the House of Representatives. Wike concluded that failing to secure the capital under his watch would render him entirely unqualified to continue serving as minister.

Continue Reading

latest

Carlos Queiroz Rejects Resignation Calls After Ghana’s Defeat.

Published

on

Following a shocking 3-2 defeat to The Gambia—where Ghana squandered a comfortable 2-0 first-half lead courtesy of Ernest Nuamah and Felix Afena-Gyan—head coach Carlos Queiroz has firmly rejected mounting calls for his resignation. Despite the loss dealing a severe blow to their qualifying campaign and triggering widespread fan frustration, the Portuguese tactician argued that stepping down is merely an easy way out that fails to address the deep-rooted issues facing Ghanaian football.....KINDLY READ THE FULL STORY HERE▶

Speaking during the post-match press conference, Queiroz placed the final decision in the hands of the Ghana Football Association board, noting that while he is fully capable of carrying out his duties, the administration must evaluate whether the proper conditions are in place for him to proceed. He rejected the label of failure, emphasizing a philosophy of learning rather than defeat, and urged the squad to quickly refocus ahead of their upcoming fixtures against Somalia to rescue their qualification hopes.

WEBP+ 1
Continue Reading

latest

Budget Extended: President Tinubu Signs Appropriation Amendment Bill To Stretch 2025 Capital Projects!,.

Published

on

President Bola Ahmed Tinubu has signed into law the Appropriation (Amendment) (No. 4) Bill, 2025, which extends the implementation period of the 2025 budget from September 30, 2026, to December 31, 2026.....KINDLY READ THE FULL STORY HERE▶

The presidential assent followed the swift passage of the amendment by both the Senate and the House of Representatives on Tuesday, September 29, 2026.

Key Highlights of the Budget Extension

  • Completion of Capital Projects: According to a statement issued by Special Adviser to the President on Information and Strategy, Bayo Onanuga, the extension provides Ministries, Departments, and Agencies (MDAs) with extra time to finish ongoing capital projects.

  • Effective Utilization of Funds: The measure ensures that already appropriated funds are fully deployed without interrupting vital government programs or leading to project abandonment due to funding bottlenecks.

  • Executive-Legislative Cooperation: President Tinubu commended the leadership and members of the National Assembly for their prompt consideration of the bill, highlighting it as a clear testament to the strong cooperation between the Executive and the Legislature.

Continue Reading

Trending