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FG Postpones Fuel Subsidy Removal till Further Notice

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The Minister of Finance, Budget and Economic Planning, Hajia Zainab Ahmed, said in Abuja on Monday that the Federal Government had postponed the planned removal of subsidy on petroleum products till further notice.

Ahmed stated this at a meeting held at the National Assembly.

The meeting was convened at the instance of the President of the Senate, Ahmad Lawan.

It had in attendance the Minister of State for Petroleum Resources, Timipre Sylva and the Group Managing Director of the. NNPC Limited, Mele Kyari, among others.

The Finance Minister said the Federal Government initially had the plans to remove subsidy on petroleum products from July this year.

She said that was the reason adequate provision was made in the 2022 national budget for subsidy payment till June.

She said, “Provision was made in the 2022 budget for subsidy payment from January till June. That suggested that from July, there would be no subsidy.

” The provision was made sequel to the passage of the Petroleum Industry Act which indicated that all petroleum products would be deregulated.

“Sequel to the passage of the PIA, we went back to amend the fiscal framework to incorporate the subsidy removal.

“However, after the budget was passed, we had consultations with a number of stakeholders and it became clear that the timing was problematic.

“We discovered that practically, there is still heightened inflation and that the removal of subsidy would further worsen the situation and impose more difficulties on the citizenry.

“Mr. President (Muhammadu Buhari), does not want to do that. What we are now doing is to continue with the ongoing discussions and consultations in terms of putting in place a number of measures.

“One of these include the roll out of the refining capacities of the existing refineries and the new ones which would reduce amount of products that would be imported into the country.

“We therefore need to return to the National Assembly to now amend the budget and make additional provision for subsidy from July 22 to whatever period that we agreed was suitable for the commencement of the total removal’

The Senate President therefore urged the organised labour unions in the country to shelve their proposed nationwide protests as it was no longer necessary.

The meeting dissolved to a closed session and it was still ongoing as at the time of filing this report.

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Oluwole Foundation Lifts 70 Branch Members Of C&S Church in Ilorin

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Stephen Olufemi Oni, Ilorin

Barely a month after empowering no fewer than 70 members at the headquarters of the Cherubim and Seraphim Movement Church Worldwide in Ilorin, the Kwara State capital, the Oluwole Foundation has extended the noble gesture to 24 branches of the Church within Ilorin metropolis and Oke-Oyi.

In the new dispensation, the Oluwole Foundation provided material and financial support to additional 70 beneficiaries, costing the Foundation about N37m.

Fielding questions from journalists on the sideline of the programme, the Chairman of the Foundation, Pastor Moses Ademola Popoola, said the extension of the empowerment programme this year to the branches of the Church was in obedience to divine instruction and as a means to tackle poverty within the Church community.

“We have 62 branches under our Church, but this is the first time we are going beyond our headquarters. For now, we have covered 24 Churches and empowered 70 people, spending close to N37 million. This is not just charity; it’s also evangelism. Some people will not be converted through preaching but through welfare,” Pastor Popoola explained.

He urged beneficiaries to take the gesture seriously, work hard, and extend help to others, assuring the congregants of further expansion of the empowerment programme to cover more beneficiaries in the coming years.

“They should not see this as a national cake. Be prudent, save, grow your business, and from what you have, help someone else. That way, we help the family, society, and the nation,” he cautioned.

Pastor Popoola also called on other foundations, especially those owned by Christians, to carry out their work with sincerity, rather than for personal gain. “This service is first to God, then to society. When we help people genuinely, we reduce poverty, crime, and unemployment.”

The cleric, however, stressed the need for the government to prioritise agriculture and rural development in order to tackle poverty and unemployment ravaging the nation.

He added: “Every wealthy nation built its economy on agriculture. So, government should secure our farmlands, provide tractors, and support our farmers holistically. Let each region focus on its strength, like cocoa in the West and groundnut in the North. We must also develop rural areas with electricity, motorable roads, hospitals, and jobs to curb rural-urban migration.”

One of the beneficiaries, Mrs Janet Shaba, who expressed gratitude to the Oluwole Foundation for the kind gesture, promised that they would make judicious use of the items received.

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Audu Ogbeh’s death a big loss for North Central: Kwara Gov

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Stephen Olufemi Oni, Ilorin

Kwara State Governor AbdulRahman AbdulRazaq has expressed sadness over the death of former Minister of Agriculture and Rural Development, Chief Audu Ogbeh.

Governor AbdulRazaq said the death of Chief Audu Ogbeh is a big loss to the North Central Region, calling him a statesman, thoughts leader, and nationalist.

“Chief Audu Ogbeh was a dependable leader of our region. He earned the respect of all on account of his outstanding leadership and service to the nation at different times, especially during his time as Minister of Agriculture and Rural Development,” the Governor said in a statement on Sunday.

Governor AbdulRazaq has, however, sent his heartfelt condolences to the people and government of Benue State and to his family and associates.

He prayed to God to give the family the strength to bear the huge loss.

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Ambode Declares Total Support for President Tinubu’s 2027 Re-Election Bid

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• Dismisses claims of gubernatorial ambition under ADC.

Former Lagos State Governor, Mr. Akinwunmi Ambode, has publicly reaffirmed his unwavering loyalty to the All Progressives Congress (APC) and President Bola Ahmed Tinubu, pledging full commitment to the President’s 2027 re-election campaign.

In a strongly worded statement, Ambode dismissed recent speculations linking him to a governorship ambition under the African Democratic Congress (ADC), describing the reports as “false publications” aimed at causing distractions.

“I wish to publicly reaffirm my absolute and unshakable loyalty to the APC, the party under which I had the privilege of serving Lagos State as governor in 2015, and to President Bola Ahmed Tinubu, my leader, mentor, and a tireless champion for Nigeria’s progress,” Ambode said.

The former governor praised President Tinubu’s leadership style, describing him as a “proven achiever and result-oriented leader” whose administration has delivered significant reforms in pensions, student loan accessibility, youth empowerment, and national economic growth.

Highlighting key achievements of the Tinubu administration, Ambode pointed to the elimination of fuel scarcity, improved security measures, and policies designed to improve the lives of ordinary Nigerians.

“His focus, determination, and inclusive governance style are restoring hope and delivering tangible results. I am convinced that, given another four years, Nigerians will have even greater reason to celebrate,” Ambode stated.

He urged party faithful and Nigerians at large to ignore political distractions, pledging to work tirelessly to strengthen the APC and ensure President Tinubu’s victory in 2027.

“Let it be clear: I stand solidly with President Bola Ahmed Tinubu and the All Progressives Congress. We will work together to ensure victory in 2027 to continue delivering the dividends of democracy to all Nigerians,” Ambode concluded.

Ambode’s declaration comes amid growing political realignments ahead of the 2027 general elections, with the former governor making it clear that his political loyalty remains firmly with the APC and its leader.

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