YEMEN FIGHTING PUSHES NEARLY 3,000 TO DJIBOUTI IN LESS THAN A WEEK- UN. (PHOTO).

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Yemen fighting pushes nearly 3,000 to Djibouti in less than a week: UN    Nearly 3,000 people have fled Yemen for Djibouti in less than a week as escalating violence drives growing displacement within the country and across its borders, the UN refugee agency said Friday. “Refugees continue to arrive by boat through Obock, Khor Angar, Moulhoule and Godoria after difficult journeys in small vessels,” UNHCR representative in Djibouti Sandrine Desamours told reporters in Geneva, Anadolu Agency reported. More than half of those crossing the Bab el-Mandeb Strait are women and children, while some families have been displaced for a second time after previously fleeing Yemen during the 2015 crisis and later returning. UNHCR is preparing for at least 10,000 new arrivals but warned that capacity is rapidly diminishing. Markazi refugee village, designed for 5,000 people, was already hosting more than 2,700 Yemenis and 1,500 Eritreans. More than 100,000 people have also been displaced ins...
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QUEUES RESURFACE IN FILLING STATIONS AS TINUBU DECLARES FUEL SUBSIDY REMOVAL. (PHOTO).

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 Queues Resurface In Filling Stations As Tinubu Declares Fuel Subsidy Removal

May 29, 2023

Petrol stations in the city of Enugu are experiencing long queues just hours after President Bola Tinubu on Monday announced the end of fuel subsidy.

This is even as most of the stations that are dispensing increased their pump rates.

President Tinubu in his inauguration speech, highlighted that the fuel subsidy regime had disproportionately favoured the rich over the poor.

He commended the decision to phase out the subsidy, stating that the resources previously allocated to subsidy payments would be redirected towards public infrastructure, education, healthcare, and job creation, to improve the lives of millions.

In addition to the subsidy removal, Tinubu also addressed concerns about multiple taxations.

He expressed his commitment to reviewing the existing taxation system to stimulate economic growth and attract more investors to the country.

Many private stations visited by our correspondent are selling from 230 to 270 litres per litre.

The rush motorists said is due to the fear of further hike in the price of the product.

Analysts said the pump price could go as high as 750 naira per litre if the government stops paying subsidy.

The coming days will surely be interesting as Nigerians welcome the new administration.

 

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