PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

-
Image
 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
Post a Comment

INFORMATION MINISTER CAUTIONS AGAINST RETURN TO PETROL SUBSIDY. (PHOTO).

-


 INFORMATION MINISTER CAUTIONS AGAINST RETURN TO PETROL SUBSIDY


The Minister of Information and National Orientation, Mohammed Idris, has cautioned against calls to restore petrol subsidy, saying a return to the old regime could undermine Nigeria’s improving fiscal position, weaken investor confidence and reverse the gains of the economic reforms of the President Bola Ahmed Tinubu administration.


In a statement by his Special Assistant on Media, Rabiu Ibrahim, the Minister reacted to an Op-Ed published on Monday, August 24, 2026, in some national dailies, titled “Restoring Fuel Subsidy Will Reverse Nigeria’s Economic Gains.”

Idris said proponents of subsidy restoration must consider its real opportunity costs, asking Nigerians to choose between restoring petrol subsidy and sustaining student loans and consumer credit for young Nigerians, or restoring subsidy and maintaining higher allocations to states and local governments.


The Minister further warned that restoring the subsidy could affect funding for roads, rail, power and security, while also weakening the fiscal capacity required to expand healthcare, education and social protection for vulnerable Nigerians.


He recalled that in 2022, amid declining oil production and weak revenues, Nigeria spent about 10 billion dollars on fuel subsidies, while the World Bank warned that the subsidy was consuming resources that could otherwise have supported education, healthcare, infrastructure and social protection.


Citing the Federal Government’s recently presented “Nigeria’s Reform Scorecard: The Benefits, Costs and Harms Prevented,” Idris said the Minister of Finance and Coordinating Minister of the Economy, Dr Taiwo Oyedele, disclosed that subsidy savings mobilised 15.8 trillion naira in resources for the Federation between June 2023 and December 2025.


He explained that about 5.43 trillion naira accrued to the Federal Government, 6.52 trillion naira to states and 3.88 trillion naira to local governments.

Comments

Post a Comment

Popular posts from this blog

MUSICIAN HARRY-SONG,REVEALS THE FACE OF THE FEMALE FAN WHO IS THREATENING TO KILL HIM.{PHOTOS}.

-
Image
             According to Harrysong who took to his Instagram to share the photo of a lady who has been begging him to sleep with her but after he refused her offer,the lady's fangs and venom came out and she is now threatening his life.He wrote alongside a screen shot of her messages with the caption ''This has been going going on for like a month now...there's a Lady I thought was a fan.She started with all the compliments,appreciating my music and brand..then progressed to saying she's in love with me..then progressed to saying she's in love with me..then progressed to request for sex...and now she's even threatening to kill me if she doesn't ve me on her bed.As you all know am in America currently doing my tour..people around my estate also sent messages to me now,saying there's a lady looking for my house address,desperately saying she will pay anything...that she's in love with me.Her Instagram handle is @missongz wat I don't understan...
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more