News
Tinubu Assures Nigerians of Brighter Days Ahead Despite Challenges from Fuel Subsidy Removal
President Bola Tinubu has reassured Nigerians of a better future despite the challenges posed by the removal of the fuel subsidy.
Speaking at the combined 34th and 35th convocation ceremonies of the Federal University of Technology, Akure, Ondo State, on Saturday, Tinubu, represented by Prof. Wahab Egbewole, Vice Chancellor of the University of Ilorin, highlighted the necessity of the policy.
He explained that his administration inherited a steeply declining economy burdened by heavy debts from fuel and dollar subsidies. “The subsidies, initially aimed at supporting the poor, ironically worsened their conditions and threatened the nation’s economic stability,” Tinubu said.
He emphasized that removing the subsidy and unifying exchange rates were critical steps to prevent economic collapse and ensure a better future. While acknowledging the immediate hardships, the president noted that the country’s macro and micro-economies are steadily improving.
Tinubu assured Nigerians that the “Renewed Hope Agenda” remains on track, adding, “Brighter days are almost here. The challenges call for patriotism, and I assure all Nigerians there is light at the end of the tunnel.”
News
Nigerian Government Cuts Minimum Wage Review Time from Five to Two Years
The Nigerian government has announced plans to shorten the minimum wage review cycle from five years to two, signaling a more frequent adjustment to align with economic realities.
This decision was revealed by the Minister of State for Labour and Employment, Nkeiruka Onyejeocha, during an address in Abia State.
Onyejeocha explained that the revised timeline is part of President Bola Tinubu’s commitment to improving the welfare of Nigerian workers.
She emphasized that the government is determined to ensure that wage reviews happen regularly and in a timely manner.
“We are no longer sticking to the old five-year schedule for minimum wage reviews,” Onyejeocha said.
“Instead, we will now revisit the minimum wage every two years, with the next review set for less than two years from now.”
News
“We Must Not Burn Down Our Only Nation With Terror and Violence” – Peter Obi Urges
Peter Obi, former presidential candidate and influential political figure, has raised concerns over the escalating insecurity in Nigeria, specifically bringing out the increasing cases of kidnapping and killings across the nation.
In a statement shared on his X handle, he decried the alarming frequency of these crimes and called for immediate action to address the menace.
Obi expressed deep worry over how this wave of insecurity has affected every aspect of national life.
He picked examples from the agricultural sector, where farmers are forced off their farmlands by threats of violence, to the educational and health sectors, where teachers, lecturers, and healthcare workers are becoming frequent targets of kidnappers.
In one of the most recent incidents, the Manager of the College of Nursing Sciences in Ihiala, Anambra State, was brutally killed.
This tragic event was followed by the kidnapping of two Reverend Sisters, both key contributors to the education sector.
One is a school principal, while the other is a teacher.
The former governor also questioned the extent of the problem, asking how many cases go unreported if the reported ones are already so overwhelming.
He urged the government to deploy all available resources to combat insecurity, rescue those in captivity, and restore peace in affected areas.
Additionally, he made a heartfelt appeal to the perpetrators, urging them to abandon their criminal activities and adopt peaceful ways of life.
“Nothing justifies these kidnappings and killings. We must not burn down our only nation with terror and violence,” Obi stated.
News
Wildfire Rages in Los Angeles And Forces Mass Evacuations
Wildfire erupts in Los Angeles causing evacuation in certain neighbourhood counties. The fire stared out in the Hollywood Hills on Wednesday and approached the landmark Hollywood sign.
Many people including celebrities lost their home due to the fire and others had to evacuate before the fire reaches them. It was reported that 5 people died due to the fire and more than 137,00o people have evacuated their homes.
The fire fighters and the government are trying to manage the fire however due to the high winds and dry weather the fire keeps spreading.
The fire has destroyed many buildings including museums, schools, homes, pet shelters and many more. The government are still responding to the calls and trying to deal with fire to prevent more damages.
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