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Students Applaud President Tinubu Over Assent To Loan Bill

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The All-Africa Students’ Union has hailed President Bola Tinubu for signing the Students’ Loan Bill, saying the scheme would be a huge relief to its Nigerian members and a model to others.

Speaking at a press conference to herald the 2023 African Students Day, AASU President, Osikenyi Osisiogu, said the Tinubu-led administration must ensure more efficient and equitable use of public expenditure by governments of Africa on education.

This, he said, would help to generate significant room for finding new funding sources.

“We are excited to identify with the haste Tinubu is in to ‘renew our hope’ that Nigeria shall indeed assume prominently her role as ‘Big Brother’ in Africa and thank him immensely for the Student Loan Bill that received his presidential assent,” Osisiogu said.

“We are confident that alternative solutions at the level of innovative financing tools could be found and implemented across the continent through the private economic sector, public-private partnerships which could contribute to the financing of education by investing the majority of their corporate social responsibility spending on education.”

According to him, fuel subsidy thieves, Nigeria refineries’ turn-around consultants, and unpatriotic modular refineries operators as well as other competitors who are feeling threatened by the coming onstream of Dangote Refinery are warned not to incur the wrath of students in the continent whose future had already been mortgaged by these diabolic rent seekers

Osisiogu also lauded Dangote Group for the inauguration of the 650,000 barrels per day oil refinery, which it said would positively impact Africa by serving as a catalyst for the continent’s accelerated economic growth and development.

He said, “We call on governments of Africa and other stakeholders to continue to give their unalloyed and pragmatic support to Dangote.

“Africa’s private sector has in recent years been rising up to the occasion of the need for economic growth and industrial self-reliance in Africa by making strides in the third and fourth industrial revolution eras. We must continue to emphasize the nexus between education and industry as the former must lead the latter”

The group sought a solution to campus insecurity especially as occasioned by attacks on education institutions in parts of Africa and called on the African Union to integrate campus safety into the Silencing the Guns campaign and as well develop a comprehensive policy on proactive campus safety support operations for African countries to adopt.

It bemoaned cases of wanton student rights abuses on the continent, saying, “It is on this note that we demand the release of all student leaders on the continent “arrested and detained” on the sole basis of their activism, fight for social justice and advocacy for better Student welfare/education system in Africa”.

Osisiogu said that this year’s African Students Day holding in Addis Ababa also sought
promotion of children’s rights including access to education, lamenting, “There are about 100 million African Children unable to access Education in 2023”.

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Federal Government To Set Up Cattle Breeding Centres In Six Zones

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The Federal Government has announced plans to create cattle breeding centres in Nigeria’s six geopolitical zones as part of its strategy to modernise livestock farming and enhance food security.

The announcement was shared by the Minister of Information and National Orientation, Mohammed Idris, on his official X (formerly Twitter) handle, and is part of the Bola Tinubu administration’s broader push to revitalise the agricultural sector.

Nigeria’s Minister of State for Agriculture and Food Security, Aliyu Sabi Abdullahi, revealed the plan during the second day of the Citizens-Government Engagement and Midterm Assessment of the Tinubu administration, held by the Sir Ahmadu Bello Memorial Foundation in Kaduna.

Abdullahi noted that the cattle breeding centres would operate as modern livestock hubs. He said the initiative would involve collaboration with the ministries of agriculture, environment, water resources, livestock development, and the Ministry of Marine and Blue Economy.

The synergy and collaboration of the ministries of agriculture, environment, water resources, livestock development, and the Ministry of Marine and Blue Economy are imperative for delivering on the Renewed Hope Agenda, the minister stated.

He pointed out that the aim is to transition from traditional livestock methods to a more organised and economically viable model.

This, he explained, would help reduce clashes between herders and farmers, increase meat and dairy output, and support the country’s goal of achieving food sufficiency.

In April, the National Economic Council raised concerns about the current livestock system in Nigeria, labelling it outdated and unsustainable.

The council urged a swift move to adopt modern practices in animal husbandry.

The call came amid a wave of violence in regions such as Plateau, Benue, and Kwara states, where suspected gunmen have claimed numerous lives.

After the meeting, Governor Douye Diri of Bayelsa State briefed State House Correspondents and reiterated NEC’s stance on modernising livestock systems.

Council emphasised the fact that we cannot continue to live in the past, and we must now work towards modernising livestock production in Nigeria, he said.

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BIG STORY

Governors Enjoying ‘Oil Boom-Era’ Revenue Under Tinubu, None Is Complaining — Daniel Bwala

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Daniel Bwala, special adviser on policy communications to President Bola Tinubu, stated that state governors are currently benefiting from a period of financial prosperity under the present administration.

During his appearance on the Channels Television programme ‘Politics Today’ on Wednesday, Bwala mentioned that no governor is facing difficulties in paying salaries, unlike in the past.

All the governors in Nigeria are having the best of times, like they are experiencing what we call the oil boom in their history as a country, Bwala said.

Twenty-seven states were once bankrupt, and salaries were not paid. That is not a conversation now.

It is almost like an anathema to talk about people not being paid salaries because such a governor will be looked upon like Lucifer.

There is revenue enough to pay salaries, there is revenue enough to meet the minimum wage, embark on projects, pay debts, and look to the future.

His comments came after Uba Sani, governor of Kaduna state, remarked that it would be difficult for any Nigerian governor to oppose President Bola Tinubu’s re-election in 2027.

Moreover, no president in Nigeria’s history has supported governors and sub-national governments the way President Bola Ahmed Tinubu is currently doing, the governor said on Tuesday.

As a result, it is unlikely that any governor in Nigeria would go against the president.

Bwala also rejected claims of a strong opposition coalition, arguing that the movement is overblown.

He said only a small number of members from the Peoples Democratic Party (PDP) left to lead the coalition, while the party’s governors and national leadership remained.

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NNPC Won’t Sell Port Harcourt Refinery — GCEO Bayo Ojulari

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The Nigerian National Petroleum Company Limited (NNPC) has stated that it has no intentions of selling the Port Harcourt Refining Company (PHRC), reaffirming its commitment to completing the high-quality rehabilitation and continued operation of the plant.

Bayo Ojulari, the group chief executive officer (GCEO) of the NNPC, made this announcement during a company-wide town hall meeting at the headquarters of the national oil company in Abuja.

Ojulari’s comments came amid growing concerns regarding the future of NNPC’s crude oil refining assets.

Previously, on June 11, Ojulari mentioned that the company was considering selling state-owned refineries due to the difficulties in repairing the facilities.

However, during the town hall meeting, the NNPC chief ruled out any plans to sell the asset.

“The Nigerian National Petroleum Company Limited (NNPC) Ltd has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant,” the statement reads.

Ojulari clarified that the company’s stance was not a change, but the result of ongoing in-depth technical and financial reviews of the Port Harcourt, Kaduna, and Warri refineries.

“The ongoing review indicates that the earlier decision to operate the Port Harcourt refinery before the full completion of its rehabilitation was ill-informed and sub-commercial,” the statement continued.

“Although progress is being made on all three refineries, the outlook now requires more advanced technical partnerships to finalize and upgrade the rehabilitation of the Port Harcourt refinery. Therefore, selling is unlikely, as it would lead to further loss of value.”

Ojulari emphasized that NNPC would continue to evolve into a commercially focused, professionally managed energy company that is transparent, performance-oriented, and steadfast in its commitment to its most important stakeholder group, Nigerians.

The PHRC was shut down for maintenance by NNPC on May 24.

The PHRC operates two refineries: an old facility with a 60,000 barrels per stream day (bpsd) capacity and a newer one with a 150,000 bpsd capacity, totaling a combined crude processing capacity of 210,000 bpsd.

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