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62% Of Nigerians See Country Moving Forward Under Tinubu Despite Economic Hardship — Survey

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Recent survey shows that 62% of Nigerians think President Bola Tinubu’s administration would advance the country.

In collaboration with Analysts Data Services and Resources (ADSR), the study was carried out by CMC Connect LLP, a public perception consultancy and strategic communication organisation with offices in Lagos.

The companies reported that 1,714 people from all six geopolitical regions of the nation participated in the survey and provided feedback on Tinubu’s first 60 days in office.

“38% do not see the country moving forward under the current administration, while 62% do,” the report reads.

“By and large, respondents are less satisfied with the first 60 days of the current administration, but they are more optimistic about the country moving forward under the current administration.”

According to the survey, a substantial majority of respondents show strong satisfaction with the suspension of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN) and Abdulrasheed Bawa as chairman of the Economic and Financial Crimes Commission (EFCC).

The report said respondents endorsed the allowance of both old and redesigned naira notes as legal tenders, while the proposed removal of electricity subsidy got significant dissatisfaction due to concerns about energy costs.

The report said the unification of exchange rates and the president’s target of 6 percent average growth rate in the next four years also received moderate gratification levels from respondents.

“There is substantial dissatisfaction with the arrangement of the ministerial list among respondents, emphasizing the relevance of diversified and representative cabinet selections,” the report reads.

“The removal of petrol subsidy generates mixed views, with a significant portion becoming disheartened and harboring strong concerns, showing the sensitive nature of energy policy changes.

“Planned opening of more land borders, and the release of fertilizers and grains to farmers and households enjoy favorable reception.

“Respondents support the appointment of Service Chiefs and the dissolution of governing boards of government agencies.

“The suspension of the import tax change levy on certain vehicles, the introduced green tax on single-use plastics, and excise duty escalation on locally manufactured products, receives favorable thumbs up.

“The establishment of the Nigerian education loan fund garners mixed satisfaction levels, underscoring the need for a balanced approach to education financing.”

The firms said the findings of the survey showed that 33 percent of the respondents did not vote in the last election, while 67 percent voted.

“51% of the respondents voted APC during the last election, 5% voted PDP, 32% voted LP, 2% voted NNPP, while 10% voted other parties,” the report adds.

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UPDATE: Uncover Negligence, Deliberate Actions Behind Ibadan Stampede — Tinubu To Security Agencies

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President Bola Ahmed Tinubu has ordered an investigation into the incident at the children’s funfair in Ibadan, which resulted in the death of 35 persons.

In a statement issued on Thursday by Bayo Onanuga, his special adviser on information and strategy, the president called for a “thorough” inquiry to determine whether negligence or deliberate actions contributed to the stampede.

“In this moment of mourning, President Tinubu stands in solidarity with the affected families and offers prayers that the Almighty God will grant peace to the souls of those who have departed in this unfortunate event,” the statement reads.

“President Tinubu has urgently directed the relevant authorities to investigate the circumstances of this tragedy thoroughly. He emphasises that it is imperative to determine whether negligence or deliberate actions contributed to this painful incident, ensuring a transparent and accountable process.”

“The President urges the Oyo State Government to take every necessary measure to prevent such a tragedy from reoccurring.

“Among the essential actions are a comprehensive review of all public events’ safety measures, strict enforcement of safety regulations, and regular safety audits of event venues.”

The president also called on event organisers to prioritise the safety of all attendees, especially children.

He noted the importance of integrating professional security, protocol, and logistics at events to ensure the safety of all participants.

“Our children’s safety and well-being remain paramount. No event should ever compromise their safety or take precedence over their lives,” he added.

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2025 Budget Proposal Scales Second Reading At National Assembly

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The 2025 appropriation bill has passed the second reading at the national assembly.

The budget cleared the second reading during plenary on Thursday following an extensive debate by legislators in the Senate and the House of Representatives.

On Wednesday, President Bola Tinubu presented a record N49.7 trillion as the proposed budget for 2025 to a joint session of the upper and lower legislative chambers.

The lawmakers, during plenary on Thursday, took turns discussing the general principles of the money bill, offering recommendations that included thorough scrutiny of the budget breakdown during engagements with heads of ministries, departments, and agencies (MDAs).

Leading the debate, Julius Ihonvbere, majority leader of the green chamber, said the budget would improve the nation’s economy and consolidate the achievements of the president.

In his debate, Kingsley Chinda, minority leader, said Tinubu’s assertion that the budget would reduce inflation from the current 34.6 percent to 15 percent is “ambitious” and not realistic.

The ranking lawmaker said the allocation of N4.91 trillion to defence and security “will not take us to the promised land.”

He added that the budget should also prioritize human capital development and environmental sustainability.

“The budget might appear very beautiful, but there is much more for us to do as a nation,” Chinda said.

‘2025 BUDGET IS INADEQUATE’

Oluwole Oke, a Peoples Democratic Party (PDP) member from Osun, stated that the budget is “grossly inadequate” and won’t sufficiently fund development projects.

Abdussamad Dasuki from Sokoto supported Oke’s position, describing the budget as inadequate.

“The budget may look robust on paper, but if you convert it to dollars, you will realize that the budget is not where we should be,” he said.

“With the challenges we have, if you convert it to dollars, the nation will be inadequately provided for. I urge the relevant committees, particularly the committee on finance, to work on this.”

Also speaking, Ismaila Dabo from Bauchi called for an increased allocation to the agricultural sector to boost food production.

“Inflation is on food items, and Nigerians are finding it difficult to cope. I urge the house to do everything possible to ensure enough allocation is reserved for agriculture,” he said.

Some lawmakers from the north-east and south-east geopolitical zones demanded more funding for their development commissions.

The lawmakers unanimously voted in support of the bill when it was put to a voice vote by Benjamin Kalu, the deputy speaker, who presided over the session.

Kalu referred the bill to the committees on appropriation for further legislative work.

He said the bill will be passed before January 30.

In November, both chambers approved the 2025-2027 medium-term expenditure framework (MTEF) and fiscal strategy paper (FSP) of the federal government.

The parliament passed the oil benchmark prices of $75, $76.2, and $75.3 for the daily crude oil production of 2.06 million, 2.10 million, and 2.35 million for the 2025-2027 fiscal years respectively.

Also, the national assembly maintained the gross domestic product (GDP) growth rate projected at 4.6 percent, 4.4 percent, and 5.5 percent for the three years in the fiscal strategy paper.

The lawmakers endorsed the projected exchange rate of N1,400/$ but said it is subject to review in early 2025 according to monetary and fiscal policies.

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BIG STORY

JUST IN: Ooni’s Ex-Wife Naomi, 7 Others Arrested Over Children’s Funfair Stampede In Ibadan

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The Oyo State Police Command has announced the arrest of the ex-queen of the Ooni of Ife, “Naomi Silekunola”; the Principal of Islamic High School, Ibadan, “Fasasi Abdulahi”; and six others in connection with the deaths of several children during a stampede at a funfair in Ibadan, the state capital, on Wednesday.

The ex-queen was identified as the primary sponsor of the event.

Furthermore, the number of children who have died from the stampede has increased to 35, while six others are critically injured, according to a statement issued on Thursday by the State Police Public Relations Officer, “Adewale Osifeso.”

The event, which was held at the Islamic High School, Basorun, Ibadan, was intended for 5,000 children, but reportedly over 7,500 attended.

 

More to come…

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