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Politics › Re: Hardship: ‘This Is Unbearable, People Are In A Dire Situation’ – Emir Sanusi by treesun(op): 6:52am On Jul 19, 2024
Economy is in bad shape!
Politics › Re: N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by treesun(op): 11:30pm On Jul 18, 2024
Nlfpmod!
Politics › Re: Hardship: ‘This Is Unbearable, People Are In A Dire Situation’ – Emir Sanusi by treesun(op): 11:29pm On Jul 18, 2024
iwaeda:
Toh, Nlfpmod. The new emir has joined the wailing club as chairman emeritus obaofkwara, Kade pe.. grin grin grin grin grin cry cry cry
This is serious, people buying half pepper in the North!
Politics › Hardship: ‘This Is Unbearable, People Are In A Dire Situation’ – Emir Sanusi by treesun(op): 10:46pm On Jul 18, 2024
The 16th Emir of Kano, Muhammadu Sanusi II, has expressed deep concern over Nigerians’ severe economic hardships.

His comments came during a ceremony for the distribution of free fertiliser to 52,800 smallholder farmers across Kano State’s 44 local government areas on Thursday.

Addressing the gathering at the Government House, alongside the newly appointed second-class Emirs of Gaya and Karaye, Sanusi highlighted the dire situation many Nigerians find themselves in.

“People are in a dire situation. I’m aware that people now resort to buying half pepper because of the high cost of food items. This is unbearable. But I think with efforts like this, people can get some relief,” he stated.

The initiative, which aims to alleviate economic hardship and promote food security, will see each farmer, including women and persons living with disabilities, receive 25kg of fertiliser.

The Emir praised the Kano State Government for the initiative but urged further action to mitigate the ongoing economic challenges.

On his part, Kano State Governor, Abba Yusuf, said, “We are determined to support our farmers and ensure that food is available and affordable for all.”

The Emirs of Gaya and Karaye also voiced their support for the programme. Emir of Gaya, Ali Ibrahim, said, “This distribution of fertiliser will significantly contribute to food security in our state.” Similarly, the Emir of Karaye, Mahammad Mahraz, expressed optimism that the initiative would benefit the farming community.

Representatives of the All Farmers Association of Nigeria (AFAN) were also present, expressing their gratitude for the government’s gesture. “This initiative will help bring down the cost of food items in the state and provide much-needed support to our farmers,” remarked AFAN official Ibrahim Inuwa.
https://www.google.com/amp/s/www.channelstv.com/2024/07/18/emir-sanusi-laments-economic-hardship-in-nigeria/amp/

Politics › N70,000 Minimum Wage: We Can’t Pay Unless…. – Organised Private Sector Cries Out by treesun(op): 7:56pm On Jul 18, 2024
The Organised Private Sector, OPS, has warned that members cannot pay the N70,000 National Minimum Wage announced by the Federal Government without support.

Reacting to the news of President Bola Tinubu’s approval of N70,000 as the new national minimum wage, Spokesperson of OPS, and Director General of the Nigeria Employers’ Consultative Association, NECA, Adewale-Smatt Oyerinde, said.

“[b]while we commend the President for putting to rest the immediate issue of the National Minimum Wage, we also note, most importantly his commitment to support the sub-nationals and the Organized P[/b]rivate Sector to pay the new wage”
https://www.vanguardngr.com/2024/07/n70000-minimum-wage-we-cant-pay-unless-organised-private-sector-cries-out/

Politics › Re: Tinubu Approves ₦‎70,000 Minimum Wage, To Review Wages Every Three Years by treesun: 3:47pm On Jul 18, 2024
fergie001:
Bayo Onanuga
They added N2k to N68k!
Politics › Fuel Price Rises To ₦‎750.17 Per Litre – NBS by treesun(op): 8:41pm On Jul 17, 2024
The national average retail price for Premium Motor Spirit otherwise known as petrol increased year-on-year, YoY, by 37.44 percent to N750.17 per litre in June 2024 from N545.83 per litre recorded in the corresponding period of 2023.


On a month-on-month, MoM basis, the average retail price decreased by 2.53 per cent from N769.62 per litre in May 2024.


The National Bureau of Statistics, NBS, report on Premium Motor Spirit,(Petrol) Price Watch for June 2024 disclosed that Benue State topped the price chart for the product at N864.55, followed by Jigawa and Rivers States with N847.00 and N810.00 respectively.

However, Lagos, Kwara and Ogun States emerged the states with the lowest retail price for the product at N626.94, N650.00 and N670.63 respectively. Lastly, the South-South zone had the highest average retail price of N794.64, while the South-West zone had the lowest price of N696.42

Meanwhile, the average retail price of Automotive Gas Oil, also known as diesel increased year-on-year, YoY, by 79.32 per cent to N1462.98 per litre in June 2024 from N815.83 recorded in June 2023.

On a month-on-month, MoM basis, an increase of 4.20 per cent was recorded from N1403.96 per litre in May 2024.

The report stated “Looking at the variations in the State prices, the top three States with the highest average price of the product in June 2024 include Niger State (N1979.23), Cross River State (N1920.86), and Taraba (N1742.46).

Furthermore, the top three lowest prices were recorded in the following State namely, Lagos State (N1210.77), Ogun State (N1239.17), and Abuja (N1240.00). The Zonal representation of the average price of Automotive Gas Oil (Diesel) shows that North East Zone has the highest price of N1659.07 while South West Zone has the lowest price of N1280.54 when compared with other Zones.
https://www.vanguardngr.com/2024/07/fuel-price-rises-to-n750-17-per-litre-nbs/

Politics › Northern Group Writes IGP, DSS To Formally Notify About Aug1. Protest by treesun(op): 10:59am On Jul 17, 2024
The northerners said the protest aimed to shine a spotlight on pressing regional issues and advocate for meaningful reforms.

A northern group, the Northern Initiative for Growth has formally notified the Inspector General of Police at the Nigeria Police Force Headquarters in Abuja of their intention to hold a peaceful protest across Northern Nigeria on August 1st, 2024.

The northerners said the protest aimed to shine a spotlight on pressing regional issues and advocate for meaningful reforms.

"This protest is our democratic right to address critical issues affecting our region," stated a spokesperson from the Northern Initiative for Growth Northern.

"We seek to foster positive change through peaceful means."

In light of the upcoming demonstration, the northern group urged the Inspector General of Police to ensure maximum security and order throughout the event.

They have specifically requested that all State Police Commissioners in Northern Nigeria deploy sufficient personnel along designated protest routes.

"It is imperative that the constitutional rights of all participants are respected," emphasized the spokesperson.

"We urge law enforcement to exercise restraint and avoid any form of excessive force."

Acknowledging the importance of maintaining public safety and preventing disruptions, the initiative highlighted their commitment to ensuring a peaceful protest environment.

They expressed confidence in the leadership of the Nigeria Police Force to enforce necessary security measures effectively.

"We rely on your leadership to protect protesters and uphold law and order," the spokesperson continued.
"This protest should serve as a constructive dialogue for change without unnecessary disturbances."



SaharaReporters had on Tuesday reported that Omoyele Sowore, the convener of #RevolutionNow, released a list of 14 demands from Nigerians to President Bola Tinubu's administration, aimed at addressing the country's governance challenges.



The demands, published on Sowore's X account, are a result of inputs from Nigerians participating in the #EndBadGovernanceInNigeria campaign. The demands come ahead of the planned "Days of Rage" protests, scheduled to take place from late July to August 2024.



He had said, “So far, these are the commonest but fundamental demands from those who have responded to pursuing a general set of DEMANDs to #EndBadGovernanceInNigeria for the Days of Rage revolt scheduled for the end of July until August 2024.”





According to Sowore, the 14 demands are: “1. Scrap the 1999 Constitution and replace it with a People-made CONSTITUTION for the Federal Republic of Nigeria through a Sovereign National Conference to be immediately followed by a National Referendum.



“2. Toss the Senate arm of the Nigerian Legislative System, keep the House of Representatives (HOR), and make lawmaking a part-time endeavour.





“3. Pay Nigerian Workers a minimum wage of nothing less than N250,000 monthly.







“4. Invest heavily in education and give Nigerian students grants, not loans. Aggressively pursue free and compulsory education for children across Nigeria.







“5. Release Mazi Nnamdi Kanu unconditionally and demilitarize the South East.







“6. Renationalise publicly owned enterprises sold to government officials and cronies.







“7. Reinstate a corruption-free subsidy regime to reduce hunger, starvation and multidimensional poverty.







“8. Probe past and present Nigerian leaders who have looted the treasury, recover their loot, and deposit it in a special account to fund education, healthcare, and infrastructure.







“9. Restructuring of Nigeria to accommodate Nigeria’s diversity, resource control, decentralisation and regional development.







“10. Reforms of Security Agencies to stop continuous human rights violations and duplication of security agencies and enhance the physical security of Nigerian citizens.







“11. Establish a Special Energy Fund immediately to drive massive, corruption-free power sector development.







“12. Immediate Reconstitution of the Nigerian Electoral Body, the Independent National Electoral Commission (INEC) to remove corrupt individuals and partisan hacks appointed to manipulate elections.







“13. Massive investment in public works and industrialisation will help employ Nigeria’s teeming youths.







“14. Massive shake-up in the Nigerian judiciary to remove cabals of corrupt generations of judges and judicial officers that continue denying everyday citizens access to real justice.”



Sowore has declared the 'Days of Rage' protests to coincide with the fifth anniversary of the 2019 #RevolutionNow demonstration. He is urging nationwide mobilisation and calling for people to join the movement.


https://saharareporters.com/2024/07/17/northern-group-writes-inspector-general-police-dss-formally-notify-about-august-1

Politics › Enough Is Enough: Silence Is Not An Option - Nasir Aminu by treesun(op): 6:57am On Jul 17, 2024
As of today, millions of Nigerians believe protesting against bad governance and inhumane policies is justifiable. Even clerics are finding a way to justify how protests are permissible under a democratic government.

It is not an exaggeration to say Nigeria is on the edge. Among the youths, a large chunk of the people believe that it is justifiable to protest as soaring prices plunge millions of households below the waterline. I do not want to imagine what fury awaits the country this August. One thing is certain, democracy will not end when people take to the streets in protest: on the contrary.


Traveling across Quang Binh to stunning cinematic locations

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Before I get accused of incitement under the Public Order Act, this is no clarion call for riots. This is to say that a democracy that is unable to satisfy the basic needs of its citizens, brings mass unrest on itself. Martin Luther King aptly observed that “a riot is the language of the unheard”; how else can ordinary people force the powerful to listen?

I feel a democracy that cannot provide basic needs for the people has the tendency to cause widespread unrest. Martin Luther King said, “A riot is the language of the unheard.” This means that riots happen when the voices of the citizens are not listened to. How else can ordinary people make the powerful pay attention? Waiting for 2027 to come will not deal with the imminent humanitarian catastrophe we face.

In my opinion, this proposed protest is entirely legitimate. People’s rage needs to be channelled in ways that can actually force the administrators of this Tinubu government to satisfy popular demands without laying waste to major Nigerian cities. If you are wondering why other governments across the world are doing more to prevent social crises, the answer is simple: It is because they anticipate mass protests if they fail to act.

A few days ago, a TV political commentator discussed the main grievance of Kenyan protesters. They are opposing the Finance Bill 2024, which suggests new taxes on essential goods and services. He mused, “Another one of those charts which makes you wonder why Kenyans are always so angry with their government.” Kenya’s rulers fear that citizens will express their rage with protests in the streets, which discourages attacks on their living standards.

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Kenya, similar to France, has a history of popular unrest that provides legitimacy to public protests. The results over the decades speak for themselves. In 1997, brutal police crackdowns on demonstrators acted as a trigger for broader strikes and mass protests. Fearing widespread unrest, the government was forced to negotiate with the protest leaders, leading to significant concessions and reforms.

Nearly two decades later, as President, Uhuru Kenyatta would also become the target of popular wrath after his government sought to implement harsh economic policies, including tax hikes and austerity measures. When Kenyatta’s administration tried to stand its ground, weeks of mass strikes, workplace occupations, and popular protests forced the administration into a grinding retreat.



Similarly, President William Ruto believed his election victory in 2022 offered a mandate to impose regressive economic policies. His attempt to introduce new taxes through the Finance Bill 2024 – a policy that disproportionately affected the poorest – led to a social explosion in the form of widespread protests. Once again, the people in the streets won. “No policy is worth jeopardising the unity of the nation,” Ruto’s chastened administration eventually conceded.

Much attention has rightly focused on how public discontent has forced the Kenyan government to reconsider its economic policies. But any Kenyan government without a political death wish would surely prefer to invest in protecting living standards rather than drive the masses to the barricades. Put simply, Kenya’s rulers fear their people. In Nigeria, as things stand, they do not. They feel sprinkling money or sharing food can end any protest.

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The reasons for this are not culturally ingrained. Our own establishment prefers us to forget it. But Nigerians have stood up against the military and even the colonial masters at various times when the going gets tough.

And Nigeria has experienced significant resistance movements even before many European revolutions. From anti-colonial uprisings to the labour strikes of the 1940s, 1950s, and even the 1990s, agitation is as Nigerian as jollof rice. Our complicity in forgetting our history—believing we are inherently docile and will limit our unrest to social media rants—allows our leaders to think they can get away with almost anything.

The emergence of a new mass campaign to protest against the bad policies of this administration offers real hope that popular resistance is returning to Nigeria. This movement is particularly significant. It has the potential to create a strong leadership. Its task is clear: a crash course in civil resistance for the Tinubu administration.

If our leaders are terrified of their own people, drastic measures to protect living standards will follow quickly. As the economic hardships increase, a wave of protests must be imminent.



https://dailytrust.com/enough-is-enough-silence-is-not-an-option/
Politics › Oba Akiolu Begs Nigerians For Patience On Tinubu’s Behalf by treesun(op): 4:10pm On Jul 16, 2024
The Oba of Lagos, Oba Rilwan Akiolu, has appealed to Nigerians to be patient with the government of President Bola Tinubu.

He made the plea when the First Lady and wife of the president, Senator Oluremi Tinubu, paid him a visit at his Iga Idugaran palace in Lagos.

According to a statement issued on Tuesday by her spokesperson, Busola Kukoyi, the royal father observed that President Tinubu means well for the nation as he is a man who is grassroots-focused.

“All that I am saying and appealing is that we should pray for Nigeria and the president. We should be patient. Everything good needs prayers,” the statement quoted the president, the monarch, as saying

Oba of Lagos also admonished the youth to be closer to God, noting that Nigerian youth are mostly good and hardworking

“Though some youth are incurably lazy and are always waiting to be spoon-fed, teach them not to always wait for fish but learn how to fish themselves,” he said.

The statement explained that the visit by the First Lady was an opportunity for the monarch to restate his appeal for a special status for Lagos State as the former Federal Capital of Nigeria
https://tribuneonlineng.com/oba-akiolu-begs-nigerians-for-patience-on-tinubus-behalf/

Politics › Re: Nigeria’s Food Inflation Continues Upward Trend, Increases To 40.87% In June by treesun(op): 9:40am On Jul 16, 2024
iwaeda:
Ebi npawon ooooooo. Hunger is understatement. Nlfpmod, inflation is over 80 %. grin grin grin grin grin grin
They should go to the farm!
Politics › Re: Nigeria’s Food Inflation Continues Upward Trend, Increases To 40.87% In June by treesun(op): 8:15am On Jul 16, 2024
More than 90% in actual sense!
Politics › Re: Nigeria’s Food Inflation Continues Upward Trend, Increases To 40.87% In June by treesun(op): 8:03pm On Jul 15, 2024
iwaeda:
We are waiting for madam Remi Tinubu's backyard farms to reduce inflation. grin grin grin grin angry angry
Aha!
Politics › Re: Nigeria’s Food Inflation Continues Upward Trend, Increases To 40.87% In June by treesun(op): 8:02pm On Jul 15, 2024
People are really hungry!
Politics › Re: Nigeria’s Food Inflation Continues Upward Trend, Increases To 40.87% In June by treesun(op): 1:30pm On Jul 15, 2024
Nlfpmod, 40.87%!
Politics › Nigeria’s Food Inflation Continues Upward Trend, Increases To 40.87% In June by treesun(op): 12:41pm On Jul 15, 2024
This is according to data released by the National Bureau of Statistics on Monday.




Amid the hunger crisis in Nigeria, food inflation in the country has continued its upward surge, growing up to 40.87% in June 2024.

This is according to data released by the National Bureau of Statistics on Monday.

This is an increase from the 40.66% recorded in May 2024. It is also an increase from the 25.25% recorded in June 2023.


Food inflation on a Year-on-Year basis was highest in Edo (47.34%), Kogi (46.37%), Cross River (45.28%), while Nasarawa (34.31%), Bauchi (34.78%) and Adamawa (35.96%), recorded the slowest rise in Food inflation on Year-on-Year basis.

On a Month- on-Month basis, however, June 2024 food inflation was highest in Yobe (4.75%), Adamawa (4.74%), and Taraba (4.12%), while Nasarawa (0.14%), Kano (0.96%) and Lagos (1.25%) recorded the slowest rise in food inflation on a Month-on-Month basis.





This development comes amid complaints of hunger and increasing prices of food items in Nigeria.

The Nigerian government recently announced the removal of import duties on food items such as rice, maize and cowpeas.

The government also announced a 150-day Duty-Free Import Window for food commodities which include suspension of duties, tariffs and taxes for the importation of certain food commodities through land and sea borders.



Nigerian government has been unable to tackle the rising inflation in the country, creating apprehension and uncertainties.




https://saharareporters.com/2024/07/15/breaking-nigerias-food-inflation-continues-upward-trend-increases-4087-june
Politics › Bola Tinubu’s $2.5bn Slave Loan, By Sos/sonala Olumhense by treesun(op): 4:15pm On Jul 14, 2024
By now, you must have heard the fascinating tale, “How they catch monkeys in Brazil,” as graphically captured in James Hadley Chase’s “The Paw In The Bottle.”


“…They put a nut in a bottle, and tie the bottle to a tree. The monkey grasps the nut, but the neck of the bottle is too narrow for the monkey to withdraw its paw and the nut. You would think the monkey would let go of the nut and escape, wouldn’t you? But it never does. It is so greedy it never releases the nut and is always captured. Remember that story, Julie. Greed is a dangerous thing. If you give way to it, sooner or later you will be caught.”

Growing up in Esan, I learned the lesson early: animals are not very bright. In the wild and around our farms, we would set traps for them: antelopes, grasscutter, rabbits. The most important element of our traps was disguise, the purpose being to convince every animal that the location was safe. Sooner or later, an animal would buy the ruse, and be found waiting for you dead or dying.

Traps are a fascinating phenomenon. They have been used throughout time, sometimes with tragic consequences not only for the intended victim, but sometimes for the innocent and for millions.


Speaking of traps, then: Do you remember two months ago, in May 2024, when Wale Edun, Nigeria’s Minister of Finance, was frothing over at the spring meetings of the International Monetary Fund and the World Bank?

Mr. Edun declared: “We have qualified for the processing just this week to the Board of Directors of the World Bank of a total package of $2.25B of what you can call ‘the closest you can get to a free lunch’--virtually a grant. It’s for about 10-20 years moratorium and about one per cent interest.”

It was a dead giveaway that the Minister chose the metaphor of a “free lunch.” Most traps are said to be on offer at lunch, specifically those that are supposedly free.

Following language received from the Nigerian government, the loan was couched in such bait-disguising terms as “financial infusion” and the provision of “immediate financial and technical support for Nigeria’s urgent economic stabilization efforts.” The bank deployed such smoke as “Nigeria Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing Program” and “Nigeria Accelerating Resource Mobilization Reforms Program-for-Results.”

We have been here before. In July 2013, for instance, Minister of Aviation Stella Oduah, at the height of her powers and ahead of her disgrace from office, used similar imagery in describing “easy” Chinese loansNigeria was getting. “It is free money, so we’re happy.”

President Goodluck Jonathan that month led to China adelegation of ministers, including Finance Minister Ngozi Okonjo-Iweala, seeking loans of about $3B. Ms. Oduah’s statement was in connection with a decision of the China Ex-Im Bank to lend $500m to Nigeria to build four airport terminals: a 20-year loan at a 2 percent interest rate with a 30 percent local content provision.

That sounds just like Mr. Edun today: a packagesweetened with a 40-year term, a 10-year moratorium and that one per cent interest ruse.

Swiftly up the tree then, Hadley Chase’s monkey was eager to get to the eating of that nut, but those who put the nut there are never in a hurry: they know that the monkey might see them coming one mile away, armed with swords and clubs and hammers, but will not flee.

The Bola Tinubu government, driven by something far less than the best interest of Nigeria, was wrapping its fingers around the money, which was being made available within one month. One month ago today, our people were celebrating their success.

According to Mr. Edun’s narrative, $2.5B easy money, almost no strings attached.

But Nigeria is being sold into slavery. As proof, I provide the video now circulating in Nigeria, of an analyst of “The Rohr’s Team,” who are consultants inDomestic and International Investment, reviewing what must be called a national scandal.

A few of his assertions:

• This loan brings Nigeria's total debt obligation to over $110 billion, and smacks of an “economic hitman” transaction.

• While the loan seems fair—at an interest rate of 1%, to be paid off over 40 years with no payment due for over 10 years—it must be paid back in Western currencies. With the naira losing significant value every year, this loan will end up costing Nigeria tens of billions of dollars within 10 years, as the effective interest rate is 1% plus the depreciation of the naira relative to the US dollar.

• In the past year, the naira depreciated by 50%, meaning the interest rate would be 51%. If the naira depreciation continues, this is an economy-destroying debt obligation because payments don't start until 2034 when all the current politicians will be long gone.

• If the naira depreciation is only 10% per year, that means that by 2034, the principal in this loan will effectively grow from $2.5B to $7B.

• The payments will then be the equivalent of a billion dollars a year and continue for 30 years.

• Translation, in English: for the $2.5B today, Nigeria is agreeing to pay the Western banks $30B under a 10% inflation rate. It could be considerably more.

The loan comes with other concessions: Nigeria will have to keep a large portion of it as foreign reserves;end subsidies on oil, which will hurt the economyfurther; and enact reforms to make it easier for Western banks to compete with domestic banks, thereby contributing to long term insolvency.

[“Economic hitman,” refers to “Confessions of an Economic Hitman,” a memoir by the American economist John Perkins. “I'm haunted by the lies I told back then about the World Bank,” Perkins wrote. “I'm haunted by the ways in which that bank, its sister organizations, and I empowered US corporations to spread their cancerous tentacles across the planet.”]

This is the prostitution Edun said Nigeria had “qualified” to provide, without breathing a word about the additional slavery into which he was enlisting our children. Perhaps he did not even read the agreement, including that his government will have no access to most of the loan—but maybe just enough to buy presidential jets and SUVs—and that 10 years from this heinous crime, our children will have to find at least one billion dollars per year—for 30 years—to service the $2.5B betrayal. But this is what happens the moment the monkey climbs up that tree and wraps its paw around that nut.

You hear that, Julie? This loan—indeed all foreign loans and related policies now being indiscriminately purveyed in the name of Nigeria—are unpatriotic and must be rejected. That is Renewed Hopelessness.

The path for Nigeria lies in consolidating our resources and permitting the advantages of our soil and the capacities of our people. Give us security. Get out of the way.

It is not what Nigeria lacks, that it must acquire or borrow. It is what it has, that is either ignored or stolen from her. That includes political power, human capacity, and time.


https://saharareporters.com/2024/07/14/bola-tinubus-25bn-slave-loan-sossonala-olumhense
Politics › Food Importation May Destroy Nigeria’s Agric Sector – Akinwumi Adesina by treesun(op): 7:11am On Jul 14, 2024
The President, African Development Bank Group, Dr Akinwumi Adesina, has warned that the decision by the Federal Government to allow massive food importation may destroy the country’s agriculture sector.

Adesina, who spoke at a retreat by the African Primates of the Anglican Church in Abuja, advised the Nigerian government to produce more food and create jobs through agriculture.

On July 10, 2024, the Minister of Agriculture and Food Security, Abubakar Kyari, announced that the Federal Government would suspend duties, tariffs, and taxes on the importation of maize, husked brown rice, wheat, and cowpeas through the country’s land and sea borders, for 150 days.

Kyari had said, “To ameliorate food inflation in the country caused by affordability and exacerbated by availability, the government has taken a raft of measures to be implemented over the next 180 days:


“A 150-day duty-free import window for food commodities, suspension of duties, tariffs and taxes for the importation of certain food commodities (through land and sea borders). These commodities include maize, husked brown rice, wheat and cowpeas. Under this arrangement, imported food commodities will be subjected to a Recommended Retail Price.”

The minister had stated that in addition to the importation by the private sector, the “Federal Government will import 250,000MT of wheat and 250,000MT of maize. The imported food commodities in their semi-processed state will target supplies to the small-scale processors and millers across the country.”

Reacting to this plan, in a speech made at the retreat held on Friday in Abuja, and posted on the website of AfDB on Saturday, Adesina faulted the policy.


Adesina, a former agriculture minister, said, “Nigeria’s recently announced policy to open its borders for massive food imports, just to tackle short-term food price hikes, is depressing.”


He warned that the policy could undermine all the hard work and private investments that had gone into Nigeria’s agriculture sector.


“Nigeria cannot rely on the importation of food to stabilise prices. Nigeria should be producing more food to stabilise food prices while creating jobs and reducing foreign exchange spending, that will further help stabilise the naira.

“Nigeria cannot import its way out of food insecurity. Nigeria must not be turned into a food import-dependent nation,”
he stated.

Adesina who spoke on the theme, ‘Food security and financial sustainability in Africa: The role of the Church’, said Nigeria “must feed itself with pride,” warning, “a nation that depends on others to feed itself, is independent only in name.”

“It is clear therefore that unless we transform agriculture, Africa cannot eliminate poverty,” he insisted.

“Essentially, food is money. The size of the food and agriculture market in Africa will reach $1tn by 2030,” Adesina added.


The bank chief stated that the clergymen had assembled in Abuja under the umbrella of the Council of Anglican Provinces of Africa, representing more than 40 million Anglicans across the continent.
https://punchng.com/food-importation-may-destroy-nigerias-agric-sector-afdb-president/

Politics › Re: Nigeria Has Not Met OPEC Supply Quota Since 2022 – Report by treesun(op): 1:22pm On Jul 13, 2024
PresidObi:
Due to stealing.
It is pure negligence by our leaders, because they privately benefit!
Politics › Re: Nigeria Has Not Met OPEC Supply Quota Since 2022 – Report by treesun(op): 11:31am On Jul 13, 2024
Nlfpmod, how can we now have enough revenue, when we can not make use of free avenue to make money!
Politics › Nigeria Has Not Met OPEC Supply Quota Since 2022 – Report by treesun(op):
Nigeria has failed to meet the crude oil production quota approved by the Organisation of Petroleum Exporting Countries throughout 2022 and 2023, and has also been unable to meet those approved since January 2024, Saturday PUNCH can confirm.

The inability of the nation to meet its approved OPEC quota has also been confirmed as a major factor worsening the crude oil supply crisis for indigenous refiners, according to data obtained from the Nigerian Upstream Petroleum Regulatory Commission, an agency of the Federal Government.

OPEC is an intergovernmental organisation that enables the cooperation of leading oil-producing and oil-dependent countries to influence the global oil market and maximise profit collectively.

However, refineries in Nigeria, including the $20bn Dangote Petroleum Refinery, as well as modular refineries, have been lamenting the lack of adequate supply of crude required for the production of refined products, such as premium motor spirit, popularly called petrol; automotive gas oil or diesel, and JetA1, otherwise called aviation fuel, among others.

The refineries have at various times called on the Federal Government to work with international oil companies to ramp up Nigeria’s crude oil production, stressing that the lack of crude remained a disincentive to investors, particularly those interested in modular refineries.

However, data from the Nigerian Upstream Petroleum Regulatory Commission indicated that crude oil theft, pipeline vandalism, and force majeure at two key terminals, among other factors, stopped the country from meeting various OPEC oil production quotas. These factors, the data revealed, are also making it tough to get crude to local refineries.

A report by OPEC in May stated that Nigeria’s daily oil production dipped to 1.25 million barrels per day. According to the PUNCH, OPEC data showed that Nigeria lost 30,000 bpd, as crude production dropped from 1.28 mbpd in April to 1.25 mbpd in May.

This was despite the claim by the Federal Government and the Nigerian National Petroleum Company Limited that the country’s oil production rose to 1.7 mbpd.

The PUNCH had reported earlier that Nigeria’s dwindling daily oil production turned the corner in April, rising marginally from 1.23 million barrels per day in March to 1.28 mbpd, according to OPEC.

In the NUPRC report obtained by Saturday PUNCH in Abuja, the commission’s Chief Executive Officer, Gbenga Komolafe, outlined the crude oil production quotas (excluding condensates) approved by OPEC for Nigeria from 2022, 2023 until May 2024.

According to him, in 2022, the approved quotas for January, February, March, April, May, and June were 1.682 million barrels per day; 1.701 mbpd, 1.718 mbpd, 1.735 mbpd, 1.753 mbpd, and 1.722 mbpd respectively.

In July, August, September, October, November, and December of the same year, the approved quotas were 1.799 mbpd, 1.826 mbpd, 1.830 mbpd, 1.826 mbpd, 1.742 mbpd, and 1.742 mbpd respectively.

But, figures from NUPRC on Nigeria’s actual oil production during the same period showed that in January, February, March, April, May, and June, the country produced 1.398 mbpd, 1.258 mbpd, 1.237 mbpd, 1.219 mbpd, 1.024 mbpd, and 1.158 mbpd respectively.

For July, August, September, October, November, and December 2022, the country’s oil outputs were 1.083 mbpd, 0.972 mbpd, 0.937 mbpd, 1.014 mbpd, 1.185 mbpd, and 1.235 mbpd respectively.


He said all the above monthly crude oil production figures were far less than the approved monthly quotas for Nigeria by OPEC in 2022.

He disclosed further that in 2023, OPEC maintained an approved crude oil production quota of 1.742 mbpd for Nigeria all through the 12 months.

However, the NUPRC data revealed that the country’s actual oil production figures during the period in 2023 were 1.267 mbpd, 1.292 mbpd, 1.266 mbpd, 1.004 mbpd, 1.189 mbpd, and 1.260 mbpd for January, February, March, April, May, and June respectively.

For July, August, September, October, November, and December 2023, Nigeria produced 1.089 mbpd, 1.181 mbpd, 1.346 mbpd, 1.350 mbpd, 1.250 mbpd, and 1.335 mbpd respectively.

Again, all the above actual crude oil production figures were far less than the monthly quotas approved by the global oil cartel for Nigeria in 2023, the data revealed.

NUPRC further stated that in 2024, OPEC had to reduce its monthly oil production quota for Nigeria, as it dropped the quota to another flat rate of 1.5 mbpd from January to May this year.

However, despite the reduction in the approved monthly oil production quota from the group, Nigeria still failed to meet the reduced volume all through the the first five months of this year.

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In January, February, March, April, and May 2024, Nigeria produced 1.426 mbpd, 1.322 mbpd, 1.230 mbpd, 1.282 mbpd, and 1.251 mbpd respectively.

Refiners lament

Nigeria’s abysmal oil output has been a source of concern not just for government officials, but also to crude oil refiners, particularly the Dangote Petroleum Refinery and modular refineries, as they have been lamenting the lack of access to crude oil.

Operators under the aegis of the Crude Oil Refinery Owners Association of Nigeria decried Nigeria’s inability to meet its OPEC quotas since 2022.

Speaking with our correspondent, the Publicity Secretary of CORAN, Eche Idoko, said, “Local refiners should be given priority before the crude we produce in-country is exported to other refineries outside Nigeria. Charity, they say, begins at home. We know that the country is not meeting the OPEC quota, but that shouldn’t stop crude supply to the Dangote refinery and modular refineries.”

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Recall also that the Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, recently accused international oil companies in Nigeria of plans to frustrate the survival of the new Dangote Petroleum Refinery.

Edwin said the IOCs were deliberately frustrating the refinery’s efforts to buy local crude by hiking the cost above the market price, thereby forcing the refinery to import the natural resource which Nigeria is rich in.


“It seems the IOCs’ objective is to ensure that our petroleum refinery fails. They either deliberately ask for a ridiculous/humongous premium, or they simply state that crude is not available. At some point, we paid $6 over and above the market price. This has forced us to reduce our output as well as import crude from countries as far as the United States of America, increasing our cost of production.

“It appears that the objective of the IOCs is to ensure that Nigeria remains a country which exports crude oil and imports refined petroleum products. They (IOCs) are keen on exporting the raw materials to their home countries, creating employment and wealth for their countries, adding to their Gross Domestic Product, and dumping the expensive refined products on Nigeria, thus making us dependent on imported products. It is the same strategy the multinationals have been adopting in every commodity, making Nigeria and Sub-Saharan Africa face unemployment and poverty. At the same time, they create wealth for themselves at our expense.

“This is exploitation- pure and simple. Unfortunately, the country is also playing into their hands by continuing to issue import licences at the expense of our economy and the cost of the health of Nigerians exposed to carcinogenic products,” the Dangote official stated.

However, oil sector operators said the position of the Dangote refinery official may not be entirely correct, noting that the country was struggling to meet its already contracted supply obligations to global traders, and had been falling short of the quotas approved by OPEC.

“A good percentage of Nigeria’s crude has been contracted to international companies or used for the collection of loans. You are aware of the over $3bn crude-for-cash loan collected by NNPC from Afreximbank. That loan is to be repaid using crude, while we don’t produce enough crude.

“The solution is to increase oil production significantly,” an official of the Federal Ministry of Petroleum Resources, who spoke on the condition of anonymity due to a lack of authorisation to speak on the matter, stated.

The position of the FMPR official was earlier highlighted by the Independent Petroleum Producers Group, as it stated that Nigeria should be producing about 2.5 million barrels of crude oil daily to meet the demand of local refineries as well as that of exports.


In a similar vein, the Chairman of IPPG, Abdulrazaq Isa, while speaking at the just concluded Nigeria Oil and Gas conference in Abuja, said, “It is imperative to grow our daily production to 2.5 million barrels of oil and 10 bcf (billion cubic feet) of gas in the near to long term to ensure we can meet our domestic refinery and petrochemical demands and export commitments to generate the much-needed foreign exchange earnings for macro-economic stability.”

‘Oil theft remains major challenge’

Also speaking with Saturday PUNCH, the Principal and Chief Executive Officer of the Petroleum Training Institute, Warri, Delta State, Dr Henry Adimula, said that oil theft remained a major factor preventing Nigeria from meeting the oil quota requirement from OPEC.

Adimula noted that the country could achieve 2.6 million barrels per day with the ongoing efforts of the Federal Government, which include the recent inauguration of the Presidential Economic Coordination Council.

The PTI boss said disturbances in the oil-rich Niger Delta area by militants had perpetually affected the quota.

Adimula said, “There are efforts by the government all along to boost the nation’s oil capacity. Certainly, there have been a number of challenges, and one of the greatest threats or challenges to this, in my knowledge, has been oil theft. That has affected whatever might have resulted in the low production of oil. So, that’s the major problem.

“But, I know there have been major efforts by the Federal Government to curb that. And, I believe when these efforts of the government begin to yield fruit, especially with the construction of infrastructure, and with the inauguration of the Presidential Economic Coordination Council, we can achieve the target of 2.6 million barrels per day.


“I believe the concerted efforts of the government will achieve that. If we can curb the restiveness in the Niger Delta region causing oil theft, which I believe is the primary threat, then we can boost oil production.

‘Address insecurity’

Also speaking with our correspondent, the Chairman of the Partners for Petroleum and Energy Sector Prosperity Initiative, Charles Ibiang, said what could be done to help the oil industry and improve the production output was to address insecurity in the oil and gas sector, and seriously deal with crude oil theft, which has led to pipeline vandalism and disruption of the production process.

“What is being stolen in our oil production process is alarming, and that is why multinationals are leaving. The government must tackle the issue of insecurity immediately. The government must declare a state of emergency in the oil and gas sector to address theft and pipeline vandalism.

FG to improve security architecture

The Federal Government, however, assured investors and other operators in the sector that efforts were ongoing to halt the oil production decline, as it had deployed security measures to address the concern.

It also gave reasons for the persistent failure to meet the crude oil production quotas approved by OPEC.


Outlining the reasons, the NUPRC boss said, “The production profile is below the OPEC quota due to the following: crude oil theft, pipeline vandalism, and the proliferation of artisanal refineries, especially in the Eastern Delta;

“Force majeure at Bonny and Brass Terminals leading to a deferment of about 200,000 barrels of oil per day.” In law, a force majeure is an unforeseeable circumstance that prevents someone from fulfilling a contract.

On measures to address the inability to meet Nigeria’s OPEC-approved quotas, Komolafe said the government has commenced the “deployment of new security architecture in the eastern, central, and western production corridors to help restore and guarantee production.

https://punchng.com/nigeria-has-not-met-opec-supply-quota-since-2022-report/
Politics › APC Chieftain, Senator Doguwa Defects To PDP by treesun(op): 10:30am On Jul 12, 2024
A strong member of the All Progressives Congress, APC, in Kano State, Senator Masaud Doguwa has defected to the Peoples Democratic Party, PDP.

This came after he accused the President Bola Tinubu administration of lack of focus, and carrying out anti-people policies, which he said had plunged the nation into poverty.

Senator Doguwa made the announcement of his defection in a statement he signed.

According to the statement, he cited feelings of underutilization and the party’s implementation of anti-people policies as reasons for his departure from the APC, alongside his supporters.

He said despite their wealth of experience in politics, they were rarely involved in party forums to share their expertise and contribute to the development of the APC.

“In politics, if you fail to engage highly experienced politicians by providing them with political assignments, you are making them politically redundant, and giving them room to struggle and engage themselves elsewhere.

“This is because highly experienced politicians don’t want to stay idle,’’ the statement said.

He further expressed disappointment with the APC government’s policies, which he believed were harmful to ordinary citizens.

“After careful appraisal, I have discovered that some of the policies are anti-people-oriented and do not align with our political ideology.

“These policies are causing more harm and concern than good to the ordinary and common citizens of the country.


“From what we have seen happening in APC, we have not seen light in the tunnel where an ordinary man, big or small, will sigh a relief from the burden of life with the APC approach on issues,” he added.
https://dailypost.ng/2024/07/12/apc-chieftain-senator-doguwa-defects-to-pdp/

Politics › Re: Nigerian Security Agencies On Alert Over Iswap’s Suicide Bombing Threat by treesun(op): 11:33pm On Jul 11, 2024
Nlfpmod!
Politics › Nigerian Security Agencies On Alert Over Iswap’s Suicide Bombing Threat by treesun(op): 8:47am On Jul 11, 2024
Nigeria’s security agencies are ramping up their vigilance due to potential threats from the Islamic State of West African Province (ISWAP), only 12 days following a devastating suicide bombing in Gwoza, Borno State, which resulted in at least 20 fatalities.
The suicide bombings were linked to a faction of Boko Haram, from which ISWAP has splintered.

The Nigerian government has discreetly instructed all relevant security bodies to brace for possible attacks.

According to Premium Times, an intelligence memo dated July 10th suggests ISWAP’s plan might include targets such as prisons and key oil and gas infrastructure.

Detailed in the memo, high-risk targets include notable correctional facilities like Kuje Correctional Centre in Abuja, Kaduna Central Prison, Port Harcourt Maximum Prison, and Kirikiri Correctional Center in Lagos.

The Ajaokuta–Kaduna–Kano (AKK) pipeline, a significant gas transportation project managed by the Nigerian National Petroleum Corporation (NNPC), is also at risk.

Security agencies have been directed to extend their vigilance to cover not just the mentioned sites but also other potential targets.

While specific details of the memo and the agency it was intended for remain confidential to protect operational integrity, the general alertness level has been significantly raised.

Statements from two major security agencies corroborated the existence of the threat, although they stopped short of confirming the specifics of the ISWAP plans.

The spokesperson for the Nigerian Correctional Service (NCoS), Umar Abubakar, who spoke with the platform, emphasized that the service takes these threats seriously and is implementing necessary security measures to safeguard its facilities, even though official confirmation of the threat had not yet been communicated internally.

He said, “Don’t forget that we have synergy with the Nigeria Police, the military and other security agencies. I’m not sure I have such information on my table, but that is not to say that we would take it for granted.

“We will make sure that we work around the information and see other protective measures that we can put in place across all our custodial centres.

“I cannot speak on the intelligence information you mentioned now, but I’m sure that such a plan would not work because of the security put in place in our custodial centres.”

Similarly, the spokesperson for the maritime arm of the Nigerian Armed Forces, Adams Alliu, a commodore, without specifically addressing the fresh ISWAP threat, said the Nigerian Navy is keeping 24-hour surveillance on the maritime space, including the creeks.

“Concerning the pipelines, the pipeline security and the maritime domain awareness security is 24-hour surveillance, and there’s no space in the 24 hours that is a gap that can be exploited. Especially since President Tinubu took over, it has been 24 hours of 100 per cent surveillance,” Mr Alliu said.

https://www./2024/07/11/nigerian-security-agencies-on-alert-over-iswaps-suicide-bombing-threat/
Food › Inflation: Scarcity of bread Hits Kaduna, Katsina, Kano as prices soar by treesun(op): 11:29am On Jul 10, 2024
It is a tale of woes as an acute scarcity of one of Nigerians’ most popular staple foods, bread, has hit Kaduna, Katsina, and Kano States.

Checks by the News Agency of Nigeria correspondents revealed that the most-favoured staple was now as scarce as petrol or the highly-prized precious metal, Gold.

It was observed that whereas the commodity was very hard to come by, its prices have hit the roof.

Many of the residents could no longer afford the staple and, as such had turned to other not-too-cheap alternatives like noodles, millet porridge, and bean cake, as well as bread and beans, among others.

The prices of the commodity have also been increased by between 20 to 40 per cent.

Many shop owners and consumers have vehemently lamented the obnoxious development, appealing for urgent action to redress the ugly trend.


One of the bakers, who craves anonymity, told NAN in Kaduna, ”It is not that we are on strike, but we have had to stop production since 1st July 2024.

“This unfortunate development was necessitated by the scarcity of wheat flour and its high cost, as well as sugar, oil, and other additives.

“For instance, in June, we were buying a 50kg bag of flour for between N53,000 to N55,000, has regrettably skyrocketed to between N67,000 to N70,000.

“How can we produce bread and also break even under this precarious situation?“


Some bread sellers and consumers in Kaduna State decried the scarcity of bread around the state metropolis, saying that it had affected their businesses and daily lives.

A tea and bread seller, Haidar Basiru, said he usually buys 100 loaves of bread but due to the ongoing paucity, he was able to get only 30 loaves, which had finished already.

”The bakeries are saying they are on strike due to a hike in flour and sugar. This development has seriously affected our businesses as we usually operate in the mornings and evenings.

“But, from the look of things, we may not come out in the evening due to bread shortage. In fact, most of my colleagues operating around this axis in Kasuwan barci have not opened today, “
he said.

Similarly, Mrs Kafayat Sadiq, a provisions seller, stated that she couldn’t get bread to stock in her shop since Tuesday, saying that her supplier had complained of the high cost of flour.

A resident, Abdullahi Muhammad, said, “I went to the shop in the morning to buy bread, which would be eaten as breakfast in my house but unfortunately, I couldn’t get it.

”I had to buy spaghetti for the children to eat and go to school since there is no bread; I hope the issue will be alleviated soon.”

A resident of Funtua, Funtua Local Government Area of Katsina State, Aliyu Idris, told NAN that the prices of bread have also gone up in the state.

He said, ”For instance, a loaf of bread that was selling for between N 200 before now goes for N 400. This has affected all the sizes of the bread.”

Idris also stated that tea sellers and shop owners were now finding it very hard to get the commodity for sale to their customers.

In Kano State, a resident also corroborated the scenarios in Kaduna and Katsina States, saying, “A loaf of bread formerly selling for N600 before now goes for N 800.
https://punchng.com/bread-scarcity-hits-kaduna-katsina-kano/

Politics › Re: Some Of Our Staff Are Bandits’ Informants – Katsina VC by treesun(op): 7:46am On Jul 10, 2024
Nlfpmod!
Politics › Some Of Our Staff Are Bandits’ Informants – Katsina VC by treesun(op): 7:45pm On Jul 09, 2024
The Vice-Chancellor, Federal University Dutsinma (FUDMA), Katsina State, Prof. Armaya’u Bichi, has alleged that some of the university’s staff are serving as informants to bandits.

The News Agency of Nigeria (NAN) reports that bandits have been attacking the area, kidnapping students and staffers of the university as well as their family members.




Exactly a week ago, bandits stormed the residence of Dr Tiri Gyan David, Head of the Department of Agricultural Economics, Extension, and Rural Development of FUMA, killing him and abducting his children.

Briefinf newsmen on Tuesday, Bichi said the contacts of suspected staff had been given to a security agency for further investigation.


According to the vice-chancellor, the school management is doing everything possible to prevent the recurrence of such incidents but the situation was getting aggravated.

Bichi said, “This issue of informants is worrisome, therefore, we investigated those we are suspecting of giving out their colleagues and students’ information.

”We have found them, and handed over their contacts to one of the security agencies for further investigation.

“But we have not heard anything from the securities. These suspects are our staff. We have strong reasons for accusing them of being informants to bandits,” the vice chancellor revealed.



Contacted, the Police said they were not aware of such an issue but promised to further investigate the matter.


The command’s spokesman, ASP Abubakar Sadiq-Aliyu, who reacted, called on the public to always assist them with information that would end the security challenges. (NAN)

https://dailytrust.com/some-of-our-staff-are-bandits-informants-katsina-vc/
Politics › Re: Terrorists Dressed As Women Kidnap 26 In Katsina by treesun(op): 10:27pm On Jul 08, 2024
Nlfpmod, this is funny, but tragedic!
Politics › Terrorists Dressed As Women Kidnap 26 In Katsina by treesun(op): 2:12pm On Jul 08, 2024
Terrorists, who disguised in women’s Abaya (dress) have kidnapped 26 persons in Katsina State. They attacked Runka community in the state at the weekend and abducted locals — mostly women and children.


A local said the terrorists invaded the community at about 10.30 p.m., shooting sporadically.

Speed Painting, like medicine, leaves no room for error — Dr. Ojeabuo, A Speed Painter0:06 / 1:07

“In my house alone they abducted 10 females and two males.

“In total, they abducted 26 people from the community,” he said.

He attributed the attack to the nefarious activities of informants who collaborated with the hoodlums to sabotage government efforts in fighting the terrorists.

“The informants include even those in our community. One of the terrorists was even heard exchanging pleasantries with an informant, telling him ‘today we’ve come to your hometown’.

“We’re yet to identify him,” he alleged.

‘… took us by surprise’
Confirming the kidnap, Abdullahi Sani Safana, Chairman of Safana Local Government Area in Katsina State, told journalists that 22 locals were abducted, but some were able to escape.

He explained that they were taken by surprise as the terrorists disguised wearing Abaya, a sort of dress worn by women in the area.

He said the DPO in the area has deployed his operatives, who together with soldiers stationed in the area have since commenced a rescue mission.


Abduljalal Haruna Runka, Deputy Speaker of the State House of Assembly, expressed dismay over lack of information on the movement of the terrorists before the fresh attack.

According to him, they used to be informed about the mission of the hoodlums. But this time around, all channels of getting information to thwart the attack on Runka community were blocked.



“They just appeared in the middle of the night.

“We are going back to the drawing board to analyse the situation. To know why we couldn’t get the information,” he said.

https://www.vanguardngr.com/2024/07/terrorists-dressed-as-women-kidnap-26-in-katsina/
Crime › Re: EFCC, Police Personnel Formed ‘kidnap-for-ransom’ Syndicate In Enugu by treesun(op): 6:36am On Jul 08, 2024
Nlfpmod, truth is that most crimes are committed by trained people!
Crime › Re: EFCC, Police Personnel Formed ‘kidnap-for-ransom’ Syndicate In Enugu by treesun(op): 10:44pm On Jul 07, 2024
SadiqBabaSani:
Of fake or real EFCC
May be those not in service again, after being shown the door!
Crime › Re: EFCC, Police Personnel Formed ‘kidnap-for-ransom’ Syndicate In Enugu by treesun(op): 10:18pm On Jul 07, 2024
Nbotee:
Some of them were caught in Anambra and paraded. The videos are all over
Saw the video too!

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