News
“Saudi Arabia Should Build A Second National Grid For Us And Leave Reforms” – Shehu Sani
Former Kaduna Central Senator, Shehu Sani, recently expressed his opinion on Saudi Arabia’s support for Nigeria’s economic reforms, suggesting that the country focus on a more immediate and practical form of assistance.
Sani’s comment came in response to reports of Saudi Crown Prince, Mohammed Al Saud, assuring Nigeria of support for its economic transformation.
This assurance was made during a meeting with President Bola Tinubu on the sidelines of the Arab-Islamic Summit in Riyadh, where the two leaders discussed various areas of collaboration.
A statement from Tinubu’s spokesman, Bayo Onanuga, revealed that the leaders talked about potential cooperation in sectors such as oil and gas, agriculture, infrastructure, and the creation of a Saudi-Nigeria Business Council.
One of the key items on the table was a proposed $5 billion bilateral trade facility aimed at enhancing economic ties between the two nations.
Additionally, it was noted that the Saudi Agricultural and Livestock Investment Company (SALIC) had already made a significant investment in Nigeria, acquiring a 35.43% stake in Olam Agri, one of the country’s largest agricultural firms, with a $1.24 billion investment in 2022.
In his reaction, Sani took to X (formerly Twitter), where he jokingly suggested that while Saudi Arabia’s support for Nigeria’s reforms is appreciated, a more pressing need for the country would be the construction of a second national power grid.
Sani’s statement underscored the challenges Nigeria faces in its energy sector, with frequent power outages and inadequate infrastructure hindering the country’s growth.
He humorously added that the issue of economic reforms could be dealt with later, implying that addressing Nigeria’s energy needs should be a priority
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
It has been rumored that bandits have made their way to Lagos, and allegedly they were spotted in Ibeju-Lekki, where some residents became suspicious of them and reported the matter.
A clip of the group of men went viral online, and many people became concerned. Whether true or not, fear has been sparked among Lagosians as they worry that bandits may already be in the state. Even if the reports remain unconfirmed, many believe it is still a possibility worth paying attention to.
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