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FG reveals how increase in petrol price will benefit Nigerians

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The Federal Government has explained how the recent hike of fuel price will benefit Nigerians.

The hike in the cost of fuel, as a consequence of deregulation in the past few days, has led to various reactions, including planned nationwide strike by the labour union.

Some Nigerians accused the government of being insensitive to the plight of Nigerians, especially during a pandemic.

Minister of Information, Lai Mohammed while addressing newsmen in Lagos on Saturday said unlike popular opinions, the government is not insensitive to Nigerians, adding that the full deregulation of the petroleum sector and the service-based electricity tariff adjustment will in the long run benefit the ordinary people.

Explaining how, the minister said: “Let’s start with deregulation. Ordinary citizens are not the beneficiaries of the subsidy on petroleum products that have lasted for years. Between 2006 and 2019, a total of 10.4 trillion Naira was spent on fuel subsidy, most of which went to fat cats who either collected subsidy for products they didn’t import or diverted the products to neighbouring countries, where prices are much higher. Instead of subsidy, ordinary Nigerians were subjected to scarcity of petroleum products.

They endured incessant long queues and paid higher to get the products, thus making the subsidy ineffectual.”

The minister added that aside from the benefits, the government can no longer afford the cost of subsidy due to the economic conditions.

“Apart from that, the truth is that the government can no longer afford the cost of subsidy, especially under the prevailing economic conditions. Revenues and foreign exchange earnings by the government have fallen by almost 60%, due to the downturn in the fortunes of the oil sector. And there is no provision for subsidy in the revised 2020 budget.

“So where will the subsidy money come from? Remember that despite the massive fall in revenues, the government still has to sustain expenditures, especially on salaries and capital projects,” Lai Mohammed added.

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Igboho promises a protest if his accounts are not released

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Self-acclaimed political dissident, Mr. Sunday Adeyemo, otherwise called Sunday Igboho, on Tuesday, blamed the Federal Government for freezing his financial assets, following his assault on the fulani herdsmen in Oyo State.

Igboho, who addressed Vanguard, affirmed that all his financial asset have been frozen by the Federal Government since certain individuals were gathering donations.

Nonetheless, Igboho said he had no hands in the said donations, cautioning that his records should be released to dodge protest by young people across the South-West area.

His words: “They have frozen my bank accounts because I am fighting a just course.

I know Yoruba people are behind me.“I will not relent. I must achieve my aims by putting an end to criminalities in Yorubaland.

“If they refuse to release my accounts, there will be serious protests across the South-West.

“Yes, the Yoruba are living in fear. They are afraid that the killer-herdsmen might attack them.

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IGP adamu retires

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Adamu enrolled in the Police Force on February 2, 1986.

The IGP who will turn 60 on September 17, was appointed IGP in January 2019. He has gone through two years in office.

Three Deputy Inspectors-General of Police (DIGs) and 10 Assistant Inspectors-General of Police (AIGs) are additionally due for retirement with him today.

It is accepted that there is a mission to broaden Adamu’s residency.

However, some have contended against such expansion, since it would negate the arrangements of the Police Act 2020 that fixes the retirement of cops at 60 years old or 35 years of administration.

Section 18(8) of the new Act states: “Every police officer shall, on recruitment or appointment, serve in the Nigeria Police Force for 35 years or until the age of 60 years, whichever is earlier.”

The Act provides for a tenure of four years for the Inspector General of Police.

Section 7, subsection 2 of the Act provides that: “The person to be appointed as Inspector General of Police shall be a senior police officer not below the rank of Assistant Inspector General of Police with the requisite academic qualification of not less than a first degree or its equivalent, in addition to professional or management experience.”

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Ortom tests positive for Covid-19

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Benue State Governor, Samuel Ortom has tested positive for the feared COVID-19.

The declaration was made on Wednesday by his Chief Press Secretary, Terver Akase.

Review that a significant number of the governor’s aides which includes his personal physician, aide de camp, orderly, permanent secretaries among others recently tested positive for the virus.

Akase in an articulation made accessible to writers in Makurdi said that “the most recent result of the governor’s COVID-19 test has brought positive back.

This follows the test results of most of the Governor’s close aides who also returned positive in the last few weeks.

“Though the Governor has not shown any symptoms of the disease, he has already commenced treatment as prescribed by medical personnel.

The assertion added that the governor exhorted the individuals who have interacted with him over the most recent few days to go for test.

“The Governor says it is equally important that those who came in contact with other persons who have tested positive for the virus should go for a test to ascertain their COVID-19 status.

Akase said that Governor Ortom encouraged Benue individuals to keep on noticing the safety measures for the avoidance of the infection, for example, wearing of face masks, utilization of sanitisers, ordinary hand washing and physical distancing.

He urges the individuals not to fear going for COVID-19 test as doing so would help in containing the spread of the illness.

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