1) Fuel price: Presidency explains why Buhari compared Nigeria to Saudi Arabia
The Presidency has explained why President Muhammadu Buhari compared the fuel price in Saudi Arabia to that of Nigeria during his Independence Day national broadcast on October 1.
The Presidency also said it was unwise and unfair for the government to subsidize the cost of petrol for city dwellers while the farmers and herders who have no cars nor generators are left with nothing.
During his broadcast yesterday, Buhari said fuel will now be sold at N161 per liter in Nigeria, noting that other nations such as Ghana, Niger, Chad Saudi Arabia and other oil-producing countries sell petrol on a higher price than Nigeria.
We are buying mostly our refined products from the international market.
“Is it fair that the taxpayers’ how many Nigerians have cars anyway? How many of them run generators in their homes that they need this fuel for.
2) Atiku reacts to Buhari’s speech blaming Obasanjo for Nigeria’s problems
Former Vice President, Atiku Abubakar, has reacted to a statement by President Muhammadu Buhari blaming past leaders for Nigeria’s present woes.
Buhari, during his 60th Independence Anniversary speech, called out past leaders from 1999 to 2015, for having the impudence to criticize his government.
However, reacting via his Twitter handle on Friday, Atiku Abubakar said Obasanjo’s administration was a period of restoration for Nigeria.
According to him, Nigeria paid off her entire debt between 1999 and 2007 and maintained a 6% GDP growth.
3) Ondo: Akeredolu collects separate N750m, N150m monthly, pays me N12m – Ajayi
Agoola Ajayi, the Deputy Governor of Ondo State, has said that the Governor, Rotimi Akeredolu gets a security vote of N750million naira and an imprest of about N150 million monthly.
Ajayi, who is the governorship candidate of Zenith Labour Party (ZLP) also claimed he (Ajayi) earns N12 million naira and not the N13 million as claimed by Governor Akeredolu.
He was reacting to an earlier comment by Akeredolu claiming he (Ajayi) gets the highest running grant of N13m monthly.
But the Deputy Governor in a statement signed by his media aide, Allen Sowore, expressed surprise that Akeredolu could announce to the world the sum of N13m as what Ajayi gets as if it was a gift.
He said what he receives until the Governor stopped releasing same was 12million naira per month.
According to him, this includes the imprest of Deputy Governor’s office, allowances of staff, fuelling of vehicles, care of his residence and welfare of his aides.
4) We are going through hell – Gov Bello tells Buhari
The Governor of Niger State, Abubakar Bello, has told President Muhammadu Buhari that the people in his state are living in hell, following the collapse of two bridges along the Minna-Bida road and Bida-Wushishi-Zugeru road.
Bello met with Buhari at the Presidential Villa on Friday.
Speaking to State House Correspondents afterwards, the Governor noted that the poor state of federal roads has made life difficult for commuters and is threatening to cut them off from the rest of the country.
He also lamented that floods have destroyed acres of crops, particularly sugar plantations.
According to Bello, “something needs to be done immediately to provide alternative routes” and he hopes to be able “to get some quick intervention from the Federal Government so that we can support our local farmers that have lost their livelihood due to floods.”
Asked about the President’s response to his request, Bello said, “The President believes more in action, he doesn’t talk too much. I think from his countenance I can say that he felt bad especially for Niger State. We are shouldering all the weight, every cargo from South West passes through Minna specifically.
5) Ndume fails to produce Maina in court
The Chairman of the Senate Committee on the Army, Ali Ndume, told the Federal High Court, Abuja, on Friday he did not know the whereabouts of the former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina.
The senator stood as a surety for Maina and made a legal commitment to always produce him in court for his trial early this year.
The Economic and Financial Crimes Commission (EFCC) arraigned the ex-pension task team chief on a 12-count charge of money laundering last year.
Ndume stated this while responding to Justice Okon Abang’s query about Maina’s absence in court for the third time in one week.
Maina and Ndume were absent in court on September 29.
6) Why we are extending rail construction to Niger Republic – FG
The Federal Government says it approves the extension of rail construction from Lagos-Kano-Katsina to Marradi in the Niger Republic for economic and commercial benefits.
Specifically, the Minister said the rail extension is intended for Nigeria to take economic advantages of import and export of Niger Republic, Chad and Burkina Fasso which are landlocked countries.
Mohammed said contrary to the disinformation by some commentators on the rail extension project, the decision was taken in the economic interest of the country.
NAN reports that some Nigerians have queried the rationale behind Nigeria borrowing so much to fund the infrastructure of a neighbouring country.
The Minister, however, explained: “I think there has been a lot of disinformation and total lack of information over that linking of Lagos, Kano, Katsina railway to Marradi”.
What this means is that most of their imports and exports have to go through neighbouring countries’ seaports like Cotonou in the Benin Republic, Togo and Ghana.
Because we do not have a road infrastructure that will encourage Niger republic to use our seaports, we believe that we will be able to take over their imports and exports with the rail linkage.
“The simple reason, therefore, is to strengthen the economy of Nigeria,” he said.
7) Buhari Calls For Total Elimination Of Nuclear Weapons Worldwide
President Muhammadu Buhari has warned that trafficking in nuclear materials remains a potential threat to international peace and security.
Buhari said this in his video-message to the UN High-level meeting to commemorate and promote the International Day for the Total Elimination of Nuclear Weapons and called for the total elimination of nuclear weapons.
He said ”We are concerned about the slow pace of progress by nuclear-weapon States to accomplish the total elimination of their nuclear arsenals, in accordance with their legal obligations and undertakings under Article VI of the Non-Proliferation Treaty (NPT),” President Buhari said.
”The best approach to avoid damage associated with nuclear materials such as humanitarian crisis, accidents, disasters and criminality is the total elimination of nuclear weapons.”
“The universalization of the NPT was dependent upon strict compliance with its three pillars namely, disarmament, non-proliferation and peaceful uses of nuclear energy.
8) Babangida: Military Started Development, Democracy And Free Market Economy In Nigeria
Former Military President, Ibrahim Babangida, on Friday said the military provided Nigeria with the democracy being enjoyed today.
Speaking during an interview on Channels Television’s NewsNight, Babangida said contrary to claims that the military was responsible for the problems in the country; it rather provided the nation with development.
“No, we didn’t provide problems. We tried to provide the framework upon which subsequent governments who are going to come after us could build upon,” he said.
“Most of the infrastructural developments, even the democracy, we midwifed it. We started development, democracy, and a free-market economy.
“We were able to capture what the world is doing now and to try to bring it into our own country. The politicians, civilians are the best people in handling all of these things.