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Akume to Nigerians: We’ll ease pain of petrol price hike

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Secretary to Government of the Federation, George Akume, has President Bola Tinubu was committed to fulfilling his promise of improving the lives of Nigerians.

In a series of tweets on Saturday, Akume reeled out actions the Tinubu administration is taking to fulfil the All Progressives Congress, APC, manifesto.

In his inaugural speech as president on May 29, Tinubu announced the removal of petrol subsidy which immediately led to a hike in the pump price of the product across the country.

The Nigerian National Petroleum Company, NNPC, Limited, which also increased the price of petrol at its retail outlets, said the change was due to market forces.

Speaking on the situation, Akume said Tinubu’s vision to restore the country has been in the works for decades and that the president is addressing the solution.

He asked citizens to be patient while the government unveils a plan to improve the country’s economy.

“As our team takes shape, I want to remind you all that @officialABAT came prepared- he came with a plan. He knows what to do & he is doing it. He has nurtured this vision for decades and he is now bringing it to life #TheAsiwajuPlan,” the SGF tweeted.

“As a government, we have heard your cries about fuel price increases, and be rest assured, we are working round the clock to normalize & bring solutions that ease the pain. Our job is to give you the quality of life you deserve when you wake up. So far, we are on course.”

The former Benue state governor described the petrol subsidy regime as regressive, adding that the annual payments were not sustainable and that Tinubu “had to act”.

Although he noted that the immediate effect is not favourable, the former senator asked Nigerians to be patient.

“To this end, we are already working out modalities to ensure market forces normalize pricing while we drive policies that better your lives and boost your earning power. We have a clear economic restoration plan, so I urge you to trust the process,” he said.

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Akume said Tinubu’s actions of unifying the exchange rate and rejigging the country’s security architecture were proof of his commitment to using strong measures in securing the country’s future.

“Deregulation is only the first part of this process/plan. Other health, education, agriculture, infrastructure, and more measures will come on stream soon. #HolisticSolution #NigeriaISBack,” the SGF added.

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Nnamdi Kanu seeks negotiation with FG over trial

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Nnamdi Kalu
– Nnamdi Kanu seeks negotiation with FG over ongoing trial
– Kanu’s lawyer moves two applications before the Federal High Court
– FG’s counsel says defendant should approach Attorney General for negotiation

Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has expressed willingness to negotiate with the Federal Government over his ongoing trial.

Through his counsel, Alloy Ejimakor, Kanu informed the Federal High Court in Abuja of his intention to seek negotiation under Section 17 of the Federal High Court Act.

Ejimakor had earlier moved two applications before the court, including one objecting to the jurisdiction of the court. If the applications are denied, Kanu’s lawyer plans to invoke Section 17, which promotes reconciliation and amicable settlement among parties.

Meanwhile, the Federal Government’s counsel, Adegboyega Awomolo, stated that the defendant should approach the Attorney General of the Federation for negotiation.

Justice Binta Nyako, the presiding judge, clarified that the court’s role is to hear cases, not to solicit negotiations. Kanu has been in DSS custody since June 2021, facing terrorism-related charges levelled against him by the government.

His lawyer’s latest move may signal a potential shift in the case’s trajectory.

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30,000 Students to Benefit from FG’s Interest-Free Loan Scheme

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– Over 30,000 students selected for federal government’s student loan scheme
– Scheme aims to support underprivileged students in pursuing higher education
– Loan is interest-free and does not require a “godfather”

The federal government’s student loan scheme has selected over 30,000 students to benefit from the initiative.

This was announced by Senate President Godswill Akpabio during a visit to the Nigeria Institute of Legislative and Democratic Studies in Abuja.

Akpabio praised the student loan bill, signed into law by President Bola Tinubu, for enabling vulnerable Nigerian students to access higher education without financial burdens.

He expressed his personal admiration for the bill, stating it is one of the most important bills passed by the 10th National Assembly.

The Nigerian Education Loan Fund (NELFUND) has assured the public that every eligible Nigerian student will benefit from the interest-free loan program.

Thee application process will be open, fair, and transparent, without requiring a “godfather,” according to Dr. Fred Femi Akinfala, NELFUND’s Executive Director of Finance and Administration.

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