News
Peter Obi Condemns Fuel Price Surge And Calls for Urgent Government Action
In a recent statement, Peter Obi, the former governor of Anambra State and presidential candidate, criticized the Nigerian National Petroleum Company Limited (NNPCL) for its sudden increase in fuel prices, stating that this decision has exacerbated the already difficult economic conditions faced by many Nigerians.
Obi described the price hike as “unfortunate and insensitive,” emphasizing that it neglects the economic struggles citizens are currently enduring.
He condemned the government’s failure to provide explanations for the increase, highlighting the detrimental impact on the well-being and economic survival of Nigerians.
The NNPCL, now operating as a limited liability company, is regulated by agencies like the Nigerian Upstream Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
However, Obi pointed out the confusion regarding the roles and responsibilities of these entities and questioned who is truly in charge.
He noted that both the NNPCL and the regulatory bodies fall under the supervision of the Federal Ministry of Petroleum Resources, with the President serving as the substantive minister.
This raised concerns about accountability and transparency in governance.
Obi stressed that the onus of responsibility lies with the Honorable Minister of Petroleum Resources and the President of Nigeria to provide a full explanation for the fuel price increase and to explore alternative options to ease the burden on citizens.
He expressed hope that the President would act in the best interest of Nigerians, especially as they navigate the ongoing economic hardship.
In light of these issues, Obi called for a more compassionate approach to governance, insisting that a new Nigeria, one that prioritizes the welfare of its people, is achievable.
He urged the government to address the needs of citizens and reverse the sudden price hike, emphasizing that the well-being of Nigerians should not be compromised for profit.
Peter Obi has long been an advocate for economic reform and transparency in governance.
His leadership during his tenure as governor of Anambra State was marked by a focus on education, healthcare, and infrastructure development.
He has remained a vocal figure in Nigerian politics, consistently calling for policies that support the welfare of the populace.
As citizens continue to face the ramifications of the fuel price increase, many are looking to the government for immediate action to alleviate the hardships imposed by this policy change.
Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.
The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.
Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.
Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.
The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.
Senate President Godswill Akpabio has defended President Bola Tinubu’s tax reforms, calling on critics to engage with the initiatives more thoughtfully.
Speaking during Tinubu’s presentation of the 2025 budget, Akpabio praised the four tax reform bills as a monumental step toward revitalizing Nigeria’s economy.
He described the reforms as the first comprehensive tax overhaul since independence, aimed at boosting revenue, supporting small businesses, and fostering sustainable development.
Akpabio criticized detractors for dismissing the reforms without understanding their potential impact and urged all Nigerians to embrace this transformative opportunity.
17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones
A 17-year-old student of Olabisi Onabanjo University (OOU), Sobando Semilore, has been arrested by the Ago-Iwoye police for allegedly stealing two high-end smartphones and attempting to sell them.
According to a statement released by the Ago-Iwoye police division, Semilore, a first-year Political Science student residing in Danmark Hall, was caught on December 17, 2024. He was allegedly in possession of a Samsung S21 valued at ₦350,000 and an iPhone 14 Pro Max worth ₦650,000, both belonging to Muktapha Adenugba.
The statement revealed that the suspect was apprehended around 5:00 PM while trying to sell the stolen phones at Pepsi Junction in Ago-Iwoye. During interrogation, he reportedly admitted to stealing the devices from a poolside at Gardeen, a well-known relaxation spot.
The police confirmed that the stolen phones have been recovered and returned to their rightful owner. Investigations into the case are ongoing, with further updates expected.
This incident has sparked conversations about crime among students, with many emphasizing the need for vigilance and better security measures in social spaces.
Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations
Akpabio Defends Tinubu’s Tax Reforms, Urges Critics to Engage Thoughtfully
17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones
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