The meeting also involves new personalities elected as governors in their various states, as well as the returning ones.
President Bola Tinubu is currently hosting members of the Nigerian Governors Forum at the Presidential Villa.
The meeting commenced at noon shortly after Tinubu swore in Senator George Akume as the new Secretary to the Government of the Federation.
The swearing-in ceremony was held briefly at the council chamber of the Presidential Villa on Wednesday.
Akume took his Oath of Allegiance and Oath of Office in the presence of government officials.
Among those present at the swearing-in were Vice President Kashim Shettima; President of the Senate, Ahmed Lawan; Governor AbdulRahman AbdulRazaq of Kwara State, Head of the Civil Service of the Federation, Dr FolasadeYemi-Esan and the spouse of the new SGF, Mrs Regina Akume.
Akume has since settled into his new role as SGF while Tinubu is currently meeting with governors of the 36 states under the Nigerian Governors Forum platform.
Ahmed Bola Tinubu, on Monday, took his oath of office as the 16th President of Nigeria.
During his inaugural speech at the Eagles Square, Abuja, Tinubu, among other things, vowed to end the regime of fuel subsidy in Nigeria because the country can’t afford to expend such huge funds at the detriment of other infrastructure.
He vowed to channel the funds meant for fuel subsidy to infrastructures, healthcare, education and others.
According to Tinubu: “We commend the decision of the outgoing administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more than the poor.
Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.
We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.”
The newly sworn-in President also vowed to boost the country’s security architecture, ensure a unified exchange rate, and create meaningful job opportunities for Nigerians.
Commenting on the speech, the National President of Arewa Youths Consultative Forum, AYCF, Yerima Shettima said Tinubu is determined to work.
Shettima said Tinubu would perform” miracles” that Nigerians don’t expect.
He told DAILY POST that “Tinubu understands that there is no point talking too much, no rhetoric that previous governments have not said.
Tinubu is determined to work; he believes talk is not the issue, and he will just continue to perform the miracle that people never expected.
“Tinubu is not the talking type, but he believes in action.
I know how we worked during the dark days of the military.
I have seen him play a prominent role in promoting democracy and being a strong advocate of democracy by his talking and actions.
“Tinubu is a true democrat, and we expect that he will do the needful.”
On the issue of subsidy removal, Shettima said Tinubu took the right step by ending the regime, stressing that the President understands that Nigeria is at a critical period.
He added: “The economy is nothing to write home about and there are other challenges.
He also understands that there is a need to save the country now at this critical period.
What’s the need to earmark money for subsidy when some people will divert it? They’re subsidising nothing in the country.
“He believes that rather than sharing the money, the money should be used for something better. I concur with him.
“The fears of Nigerians is that fuel will go higher and with the coming of Dangote refinery, you will see that everything will go down, and Nigerians will be at the advantage of these policies; I quite agree with him that we must drop the subsidy regime.”
Shettima expressed hope that Tinubu’s administration would effectively handle Nigeria’s insecurity challenges.
He stressed that the Vice President, Kashim Shettima has the requisite experience to tackle the country’s insecurity challenges.
He added: “In the area of security, Tinubu will do very well especially with his second man.
Shettima has done very well in terms of security in Borno State, and I have no doubt he will do better with his experience.”
On his part, the Secretary-General of Ohanaeze Ndigbo, Okechukwu Isiguzoro said the fuel subsidy removal would tackle corruption.
Stressing that Tinubu’s declaration would ensure stability, Isiguzoro said the President is saddled with a herculean task to lift Nigeria from the “bottom to the top.”
According to him: “Nigerians should applaud Tinubu for the political will to remove the fuel subsidy with which the political elites have held the country hostage. The removal of fuel subsidy would go a long way in tackling corruption and ensure stability in the system.
“The economic and agricultural proposals are a good one for the president.
One thing we are sure of is that Tinubu’s administration will be much better than the previous, which centred on nepotism, and advocated religion above other interests for the masses.
“I think Tinubu started on the right foot despite inheriting a dilapidated economy and foreign debts by the last administration.
Tinubu has a herculean task to lift Nigeria from the bottom to the top.
Buhari was the worst president Nigeria ever had since 1999, though he performed credible well in the area of infrastructure in the Southeast.
“As regards to Ndigbo, we expect that the economic prospects under Tinubu will largely favour Igbos.
The free market trades and economic postulations show that Ndigbo, who are mainly traders, will benefit from his economic policies.
He must kick start with policy implementation like removal of multiple taxation and tariff removal.
“Ndigbo are ready to assist him in actualizing his dreams, Tinubu’s regime will be far better than the previous government.”
The leader of Afenifere socio-cultural organisation, Ayo Adebanjo, said he has no doubt in Tinubu’s ability to deliver.
He, however, faulted the last presidential election that produced Tinubu as the 16th president of Nigeria.
“I don’t doubt his ability, but I don’t believe he was properly elected according to the electoral law,” he told DAILY POST.
Similarly, the Labour Party, LP, described Tinubu’s inaugural speech as disappointing and shallow.
Obiora Ifoh, the LP National Publicity Secretary, said Tinubu’s inaugural speech exposed the “shallowness and policy incongruity” he wants to give Nigerians.
“The Labour Party is disappointed with the inaugural speech made by President Bola Ahmed Tinubu today which clearly exposed the shallowness and policy incongruity that his administration, while it lasts, is hoping to bequeath Nigerians,” Ifoh said.
keymatt: Tinubu, the mandate thief who was temporary smuggled into Aso Rock few days ago should tow the path of honor and use his drug money settle NNPC. at least he should do it for his u.rchins.
Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says the federal government still owes the firm the sum of N2.8 trillion spent on petrol subsidy.
Addressing journalists after a meeting with President Bola Tinubu in Abuja, on Tuesday, Kyari said the subsidy payment was no longer sustainable as it hinders the company from funding its core businesses.
“Today, we are waiting for them to settle up to N2.8 trillion of NNPC’s cash flow from the subsidy regime and we can’t continue to build this,” Kyari said.
The GCEO said since the provision of the “N6 trillion in 2022, and N3.7 trillion in 2023, we have not received any payment whatsoever from the federation”.
Kyari said the NNPC made the petrol subsidy payments from its cash flow, noting that the government has been unable to pay back the N2.8 trillion spent so far.
“That means they (the federal government) are unable to pay and we have continued to support this subsidy from the cash flow of the NNPC.
That is, when we net off our fiscal obligations of taxes and royalties, there is still a balance that we are funding from our cash flow.
And that has become very difficult and it is affecting our other operations,” he said.
“We are not able to keep some of the cash to invest in our core businesses.
And the end result is that it can be a huge challenge for the company and we have highlighted this severally to the government that they must compensate and pay back NNPC for the money that we have spent on the subsidy.
“So, today the country does not have the money to pay for subsidy.
There is an incremental value that will come from it. But it is not an issue of whether you can do it or not because today we cannot afford it and they are not able to pay our bill.
That comes to how much the federation owes the NNPC now.
“Today, we are waiting for them to settle up to N2.8 trillion of NNPC’s cash flow from the subsidy regime and we cannot continue to build this.”
TheCable had reported that subsidy payments hit N3.3 trillion in 11 months in the previous year.
For the first half of the year, the immediate past federal government budgeted N3.35 trillion for the energy subsidy, after which it promised the under-recovery payments would stop.
On April 5, the federal government said it secured the sum of $800 million from the World Bank, as part of its post-subsidy palliative plans.
‘WHY THERE ARE QUEUES FOR PETROL ACROSS COUNTRY’
Kyari reiterated that the re-emergence of nationwide petrol lines is understandable as marketers would like to understand the meaning of the president’s pronouncement that “subsidy is gone.”
He said the uncertainty on the remark also caused consumers to rush for the product, causing queues.
The NNPC GCEO assured Nigerians that the government will initiate measures to cushion the effects of the subsidy removal in June.
blamingthedevil: BREAKING:President Bola Tinubu has asked the Department of State Services (DSS) to vacate the office of the Economic and Financial Crimes Commission in Ikoyi, Lagos, immediately.
This my main problem with naija girls always taking offense and acting like a nun at any slight joke Why won't some of them grow old without gettin married
Insult any how you want but that won t make you kpekux smell good anyways... cheap hoe.
Think9ja: Na wetin these pigs from the yeast no want de hear be this.
Deep down, they're praying for tinubu to fail so that they will say "we told you guys" . Well, for your information, Tinubu will outperform your all the past leaders since 1999.
For someone to come out and say it is his turn to be president, a decision involving 200M people, yet nobody could stop him, I will believe him to do anything he says he will do.
The worst of Tinubu on a sick bed is better than the best of that Onitsha main market useless dullard called Obi.
Tinubu will rule over you guys for 8yrs and una go cry blood. 8yrs of wailing has just ended. Another 8yrs of wailing will start tomorrow.
Even minister una no go see.. Useless, bitter, politically dumb pigs
What about the apes from south west what about them?
Politics / Re: 36 States Governors Meet President Bola Tinubu In Aso Rock by Antimandatethie(m): 2:25pm On Jun 07, 2023 
