News
Atiku Slams Government’s Fuel Policy And Calls Out T-pain
Former Vice President of Nigeria, Abubakar Atiku, has expressed deep concerns over the handling of the fuel subsidy removal by the current administration, blaming it for the ongoing economic crisis in the country.
In a strongly worded statement, Atiku criticized what he called the “haphazard and disingenuous approach” of the government, which he believes is exacerbating the country’s already dire economic situation.
According to Atiku, the mismanagement of fuel subsidy policies has contributed significantly to the inflation rate that is steadily climbing, with no signs of relief in sight.
He explained that this continuous rise in inflation is further eroding the purchasing power of Nigerians, leaving many citizens struggling to meet their basic needs.
Atiku stressed that this hardship is threatening the material well-being of millions across the nation, particularly those in the lower-income brackets.
He expressed particular concern over the apparent lack of action from key figures in the administration, pointing out that T-pain, a government official, has remained silent on the matter.
Atiku noted that while the public suffers from the economic strain, those in power seem undisturbed by the ongoing challenges, which he described as a disturbing trend in leadership.
The former Vice President’s remarks come at a time when the country is grappling with a host of economic challenges, largely fueled by the global oil market’s volatility and the internal decisions on fuel subsidy.
The removal of subsidies has led to a sharp increase in the cost of petrol, which in turn has had a cascading effect on the cost of goods and services, leaving many Nigerians in a precarious financial situation.
This criticism is not the first time Atiku has voiced his dissatisfaction with the government’s handling of economic policies.
Known for being an outspoken figure on national issues, Atiku has consistently called for reforms and better governance to alleviate the suffering of Nigerians.
Many see his recent statements as a direct indictment of President Bola Tinubu’s administration, which has been under pressure to address the economic fallout since it came into office.
Experts have weighed in on Atiku’s statements, with some agreeing that the fuel subsidy removal was rushed and poorly implemented.
They argue that while the removal was necessary for the long-term health of the economy, the government’s failure to provide adequate palliative measures to cushion the blow has worsened the situation for average Nigerians.
Atiku, who has previously run for the office of president, remains a central figure in Nigeria’s political landscape.
His comments have sparked widespread discussions, with some supporting his critique of the government and others calling for more constructive dialogue on how to navigate the economic challenges ahead.
News
Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations
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.
News
Akpabio Defends Tinubu’s Tax Reforms, Urges Critics to Engage Thoughtfully
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.
News
17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones
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.
-
Entertainment8 hours ago
Beyoncé Breaks Records as the Most Certified Female Artist in the Music Industry
-
Entertainment23 hours ago
Nollywood Actress, Fathia Williams Adresses Colleague Who Blocked Her
-
News24 hours ago
Senate Proposes Ban on Foreign Currency Use for Transactions in Nigeria
-
Sport7 hours ago
“His Focus on Football Has Taken Him to This Level” – Ademola Lookman’s Father
-
Sport23 hours ago
Super Eagles Player, Fisayo Dele-Bashiru Escapes Car Accident Unharmed
-
Entertainment8 hours ago
“Navigating the Music Business Wasn’t Easy” – Tems Speaks on Her Early Career
-
Politics8 hours ago
“Alex Otti Strayed, But He’ll Come Back to APC”- Keyamo Says at Abia Airport Ceremony
-
News7 hours ago
Zamfara Governor Promises Safe and Supportive Environment for Corps Members