KEBBI GOVT DONATES 10 HILUX VEHICLES TO BOOST SECURITY ON SOKOTO–BADAGRY SUPER HIGHWAY. (PHOTOS).

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 Kebbi Govt Donates 10 Hilux Vehicles to Boost Security on Sokoto–Badagry Super Highway  The Kebbi State Government has handed over 10 brand-new Hilux vehicles to the Federal Ministry of Works to strengthen security for personnel working on the Sokoto–Badagry Super Highway project. The vehicles were formally received by the Minister of State for Works, Bello Muhammad Goronyo, who praised Kebbi State Governor, Dr. Nasiru Idris (Kauran Gwandu), for the donation. Goronyo described the gesture as a clear demonstration of the state government’s commitment to protecting workers and contractors on the strategic highway corridor. He explained that the vehicles will be deployed exclusively to security operatives providing cover for construction teams along the section of the super highway passing through Kebbi State. The Sokoto–Badagry Super Highway is a multi-state infrastructure project aimed at improving connectivity and economic activities across northern and southern Nigeria. More...

FUEL SUBSIDY IS BACK- OBASANJO. (PHOTO).


 Fuel Subsidy Is Back – Obasanjo


Former President, Olusegun Obasanjo, revealed that fuel subsidy which was removed by the Federal Government in 2023 has been reintroduced due to inflation.


President Bola Tinubu during his inaugural address on May 29, 2023, had declared that fuel subsidy “is gone.”


The development has led to the increase of petrol price from about N200 to over N600 per litre.


In an interview with the Financial Times, Obasanjo faulted the manner in which the subsidy was removed by the government.


According to him, the government should have implemented some measures before the subsidy removal.


He, however, explained that the subsidy has “come back” due to the inflation rate.


“There’s a lot of work that needs to be done. Not just wake up one morning and say you removed the subsidy. Because of inflation, the subsidy that we have removed is not gone. It has come back,” Obasanjo said.


He also highlighted the need for investor confidence in Nigeria, stating, “You have to go from a transactional economy to a transformational economy.”


Daily Trust reports that some of the demands of the ongoing nationwide protest is reinstatement of the fuel subsidy regime.


But Tinubu, in his Sunday broadcast, ruled out possibility of returning fuel subsidy.


He described the decision to remove the fuel subsidy as painful but necessary, while arguing that it had been a “noose around the economic jugular of our Nation” and had hindered economic development and progress.

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