₦airaland Forum

The fuel subsidy palliative introduced by the President Bola Tinubu-led government has been said to be an action born out of “limited thinking,” by the presidential candidate of the Labour Party (LP), Peter Obi.

The Labour Party flag bearer asserted that the government should not have resolved that way because there were several other temporary solutions that would have worked better than the introduction of the palliative.

Obi said this when he was featured on Arise TV’s The Morning Show on Monday, Naija News learned.

According to him, “If you look at what this country has been doing since inception, you could see announcements with limited thinking. Which again produces limited outcome.”

Speaking further about the naira devaluation during the show, he noted that if he was in office he would have devalued the Nigerian currency, but would have tried to manage supply to deal with the forex crisis.

Obi “What you should have done is devalue the currency while trying to manage the supply by making sure you deal with issues that control the exchange rate, which is the reserve. And what controls your reserve is your export. Especially, oil and other minerals. Encourage (export of) those things and then deal with issues of foreign exchange while trying to manage what you have.”

Nengiraw:
Hello

LeoDeKing:
You insulted him for stopping it.

Same you insulting him that he cannot stop it again.

The other day, someone said Nnamdi Kanu's urine has some ingredients of Meth, I agree with him 100%.

pandoragirigory:
Igbos claimed Buhari was dead and the one that returned to Nigeria is double, this is not the first you people thrive on propaganda to smear candidate that doesn't suit you.

TemplarLandry:
This muppet who speaks through his nostrils again??
He can never become Nigerian President.

The presidential candidate of the Labour Party in the 2023 election, Peter Obi, has described fuel subsidy as an organised crime.

POLITICS NIGERIA reports that Obi made the statement on Monday while speaking on Arise TV’s ‘The Morning Show’ on what approach he would have taken differently in resolving the looming strike by the Nigeria Labour Congress and Trade Union Congress.

“Fuel subsidy is organised crime. I said it repeatedly that it should be removed,” Obi said. “For me, the approach would have been, is to remove the corruption and criminal side of it and remove the excess demand.”

“By doing this, you would have reduced it by 50 per cent. The remaining 50 per cent is what we would have been able to, after consultation with various stakeholders in order to find a way in an organised manner, remove and show the proceed of the gains of the removal to be invested in critical development areas.”

Obi, the former governor of Anambra State, is known for vocal criticism of the Tinubu-led government, especially in managing public finances. He had pledged to remove fuel subsidy and invest the proceeds in critical development areas, such as education, healthcare, and infrastructure, if elected president.

He lost the 2023 election to President Bola Tinubu.

pandoragirigory:
Renowned criminal as president and you didn't organize your family members to arrest him since you have all evidence against him. it is not you speaking, it is the height of grieves and anguish, your candidate lost woefully

He also said releasing the documents with deposition would cause him severe harm because they were private to him and would not be admissible in the ongoing petition against him in Nigeria, an argument that further fueled nationwide concern about what the president might have been hiding about himself from Nigerians

President Bola Tinubu has lost his emergency application to block Chicago State University from releasing his academic records to Atiku Abubakar.

Judge Nancy Maldonado of the United States District Court for the Northern District of Illinois in Chicago said the decision of a lower federal magistrate judge on September 19 was appropriate and adopted it in full.

“The Court overrules President Tinubu’s objections to Magistrate Judge Gilbert’s recommended ruling, and therefore adopts the ruling in full. Mr Abubakar’s application is therefore granted,” the judge ruled. ‘In light of the pending Supreme Court of Nigeria deadline, represented to the court as October 5, 2023, and based on CSU’s representations that it is ready to comply with the discovery requests and produce a witness, the court sets an expedited schedule for completion of discovery.”

Ms Maldonado, a district judge, also said the CSU should turn over the records to Mr Abubakar by 12:00 p.m. Monday and also make its officials available for deposition to authenticate the documents by 5:00 p.m. on the same day.

The judge said any attempt by Mr Tinubu to appeal the judgement in the district would no longer be tolerated as Mr Abubakar must transfer the collected evidence to the Nigerian Supreme Court for use in an ongoing election petition case by October 5.

“CSU is directed to produce all relevant and non-privileged documents in response to Requests for Production Nos. 1 through 4 (as narrowed by Judge Gilbert and adopted here) in Mr. Abubakar’s subpoena, by 12:00 p.m. (noon) CDT, on Monday, October 2, 2023,” she added. “The Rule 30(b)(6) deposition of CSU’s corporate designee must be completed by 5:00 p.m. CDT on Tuesday, October 3, 2023. Given the October 5, 2023, filing deadline before the Supreme Court of Nigeria, the Court will not extend or modify these deadlines.”

The judge, however, said Mr Tinubu is free to file his appeal directly before the Seventh Circuit, which is the main appellate court overseeing Illinois and nearby states, an attempt that would likely prove daunting given the tight window for compliance by CSU.

The ruling marks a major blow to Mr Tinubu and a huge victory for Mr Abubakar, who has been seeking the records to establish that Mr Tinubu presented a forged certificate to the Independent National Electoral Commission when he submitted his application to run for president in June 2022.

Section 137 (1)(j) of the Nigerian Constitution (amended in 2010) specifically stated that no one would be legitimately elected president of Nigeria if the person “has presented a forged certificate to the Independent National Electoral Commission.”

Prior to the ruling late Saturday night, Judge Maldonado had acknowledged the significant public interest dimension of the case, saying it would cause her to expedite justice for all parties.

The president did not deny the charges that the certificate was forged, especially as it was purportedly signed by administrators who were not even at the school when he graduated in 1979, but only insisted, alongside the school, that he attended and graduated.

He also said releasing the documents with deposition would cause him severe harm because they were private to him and would not be admissible in the ongoing petition against him in Nigeria, an argument that further fueled nationwide concern about what the president might have been hiding about himself from Nigerians.

The CSU said it would state under oath that Mr Tinubu attended, but it won’t be able to certify the authenticity of the certificate he paraded in Nigeria under oath.

Mr Abubakar’s lawyers would now be able to test the school’s claims, alongside Mr Tinubu’s, during tomorrow’s records release and cross-examination.

Details shortly…

Curse777:
Mention 3 evil Tinubu did to you and your region

The Peoples Democratic Party, PDP, has charged the All Progressives Congress, APC, to come clean on thee desperation by its lawyers in the United States to conceal certain vital details regarding the academic records of President Bola Ahmed Tinubu at the Chicago State University (CSU) from the public.

The PDP stated that the application by the lawyers urging the US District Court of Illinois not to release the said academic details are in direct conflict with the public declarations by Tinubu that his academic records are impeccable.

The PDP recalled that Tinubu had in a public function openly asserted to Nigerians that “I was one of those most recruited graduates of my university, multiple honours, First Class Degree and I have the reference point.”

“In view of the above assertion, the PDP therefore holds that the plea by the lawyers that the details of his academic record should not be released is a great disservice to President Tinubu in particular and Nigeria in general,” the opposition said in a statement signed by its National Publicity Secretary, Debo Ologunagba, on Friday.

The PDP said that the desperation to conceal vital information is consistent with APC's penchant for trickery and underhand dealings in their transactions with Nigerians which has heightened under the Abdullahi Ganduje leadership.

According to PDP, by appointing Ganduje as its National Chairman, “despite the malodorous corruption and bribery allegations against him in the public domain, the APC further confirms itself as not only being a cesspit of corruption but also as irredeemably given to concealment and condonement of depravity, sleaze and mendacious acts”.

The party further noted that it is curious that the APC has remained silent on allegations and public apprehension of sabotage in the Monday, September 25, 2023, fire outbreak at the Supreme Court, which it said is suspected to have been an arsonist attack with the intent to cripple and frustrate the Supreme Court in the handling of the Presidential Election appeals pending before it.

The PDP said the APC must in the least acknowledge the desirability and moral duty placed on it to encourage, insist and ensure that it is transparent with Nigerians and indeed the world.

Failure to discharge this duty to Nigerians is condemnable, the PDP stressed.

“The litany of probes, inquiries and investigations which were instituted on various matter without reports under the APC since 2015 validates the above” the PDP added.

“It is clear that the APC is a major threat to our Nation's Democracy.

“The PDP calls on all men of goodwill across our country and beyond to stand firm in the defense of Democracy, Transparency and the Rule of Law in Nigeria, especially at this critical time.”

raumdeuter:
How do you confirm that a certificate is fake? Is it not for the issuing authority to check their records and confirm that the fact stated by the paper certificate matches their own records which is Tinubu graduated from CSU and per CSU record that is true

raumdeuter:
So what is the matter?

The law states a President should be a graduate, Tinubu said he graduated from CSU, CSU said Tinubu graduated from their school so in your lack of common sense, what is the issue?

I am sure you also believed one needs 25% in FCT and Buhari was cloned.

Peter Obi, the 2023 presidential candidate of the Labour Party (LP), says Nigeria has continued to deal with various challenges which have hindered its growth and development.

In a statement issued via X on Friday, the former Governor of Anambra State said the country has continued to grapple with insecurity, bad economy and other issues at an alarming rate.

He however urged Nigerians not to allow the nation to go down under the present cocktail of challenges.

According to him, he would deliver a Keynote Speech at The Chinua Achebe International Symposium, and the 10th Anniversary Memorial and 40th Anniversary of His seminal booklet “The Trouble with Nigeria” at Princeton University, New Jersey, United States of America.

Owing to the scheduled engagement, he said, he will not participate in the bi-monthly Twitter Space that is due today, 29th September.

“My Dear Obidients and Fellow Nigerians, I wish to humbly and regrettably inform you that I will not participate in our bi-monthly Twitter Space that is due today, 29th September, due to a scheduled inevitable engagement.

“I have earlier been invited to deliver a Keynote Speech at The Chinua Achebe International Symposium, and the 10th Anniversary Memorial and 40th Anniversary of His seminal booklet “The Trouble with Nigeria” at Princeton University, New Jersey, USA.

“Thankfully, my speech will focus on “The Trouble With Nigeria” as written by our Internationally renowned author, Chinua Achebe, 40 years ago, and I would like everyone to be part of it.

“Sadly, Nigeria has continued to grapple with, and at an even more alarming rate, the very troubles written about by Achebe four decades ago.

“However, we must not allow our nation to go down under the present cocktail of challenges. May I request that you all join me today as the event will be streamed live online,” he posted.

raumdeuter:
CSU has already confirmed that he graduated from their school

So which records does Atiku need again

Tinubu has a right to his privacy and will only release what is legally necessary.

preekahantas:
So no Nigerian man could do it?

Feintline:
The man has no reputation to protect and so does not care about anything but to smash and destroy the reputation of smart working , honest and diligent Nigerians.

Nice2023:
Remove Jonathan's picture there...and let us not divert on the real topic here.

panpan:
Redenomination was considered in 2007 or 2008, but it was resisted and was not implemented.
Controlling inflation and preventing devaluation is more important than redenomination.

Reintroducing coins is as good as eliminating the affected currency unit(s).
Generally, it appears as if Nigerians do not like using coins.
In addition, the Central Bank has a habit of producing and releasing only the first batch of coins. Afterwards, coin production and release stops, and eventually the coins fade out from circulation, thereby removing that currency unit.

Instead of reintroducing coins, the polymer notes should continue.

Whytelyon:
I am not yarimo, i am mocking all of the people who voted Tinubu.

Whytelyon:
Have you Voted Tinubu today?

Eriggs:
It's for your good and the good of your family members ipobs