Connect with us

News

FG HANDS OVER 64 CNG BUSES TO LABOUR UNIONS,

Published

on

CNG Buses
CNG Buses
Share

The Federal Government has handed over 64 Compressed Natural Gas (CNG) buses to representatives of the Trade Union Congress (TUC), the Nigerian Labour Congress (NLC), and the National Association of Nigerian Students (NANS).

When deployed for commuter service, the buses will significantly reduce transportation costs in the country, bringing hope for a more affordable and efficient public transport system.

The handover of the buses took place on Sunday at the State House Conference Centre, Abuja, as part of activities marking Nigeria’s 64th independence anniversary.

The Coordinating Minister of the Economy and Minister of Finance, Wale Edun, led the government delegation that included the Minister of Information and National Orientation, Mohammed Idris, the Minister of Budget and Economic Planning, Abubakar Bagudu, and the Minister of State for Youth Development, Ayodele Olawande.

Edun described the distribution of the buses as fulfilling President Bola Tinubu’s promise to provide affordable and efficient transportation to support Nigerians after the removal of fuel subsidies under the Presidential Initiative on Compressed Natural Gas (PCNGi).

He emphasised that this initiative aims to alleviate the burden on the poor and vulnerable and support macroeconomic reforms that would position the country on the path to economic stability.

The Minister further explained that the symbolic handover of 64 buses on the eve of Nigeria’s National Day marks the beginning of a broader national rollout, with the plan to distribute over 500 CNG buses and 100 electric vehicles in the first instance.

He added that the CNG initiative aligns with Nigeria’s commitment to cleaner energy while leveraging its energy resources for industrialisation.

”Today marks another critical milestone in the policies of President Tinubu. It is a transition to cleaner fuel. It is for Nigerians. The emphasis is on mass transit. The minister said there is an emphasis on intervening on the side of workers so that they have cheaper transport to cope with rising prices.

He also highlighted the CNG initiative’s impact on inflation, saying:

”We’ve had an initial spike in inflation, now it has peaked, and it is coming down. Mr President and the whole team are determined to ensure that we keep inflation coming down, and this is one of the major ways.”

The Coordinating Minister of the Economy noted that the fuel cost for CNG-powered vehicles is about one-third of the fuel for petrol-powered vehicles.

He said motorists can now pay as low as N15,000 to fill a tank instead of N50,000 or more.

”Today, it is CNG. Tomorrow, it will be helping farmers to cope with the remainder of the wet season planting and then the dry season planting, starting from November, with fertiliser, inputs, seeds, and herbicides.

”This is all to get prices down and get the economy moving again, ” he said.

The Secretary-General and Chief Executive of TUC, Comrade Nuhu Toro; NANS president, Comrade Lucky Emonefe; and the Head of International Desk, NLC, Comrade Uche Ekwe, commended President Tinubu for the gesture. They called for more CNG buses to be made available to the public.

Toro thanked the President for implementing the N70,000 new national minimum wage.

”This move is a significant step in alleviating the economic burden of Nigerian workers.

NANS president Comrade Emonefe praised the government for its commitment to education and student welfare, citing the provision of a student loan scheme for higher education.

“Nigerian students are happy to be celebrating the 64th anniversary of independence. We are not only happy with the CNG buses; we believe that the current President loves the welfare of students and has shown his commitment to this.

The NLC representative noted that the benefits of the CNG buses would become more apparent once more buses are deployed across the country.

”If we get more buses, the effect will translate immediately to Nigerians. If people start entering these buses, they will publicise it in the public and their neighbourhood,” he said.

Michael Oluwagbemi, Programme Director/Chief Executive of PCNGi, said that since its establishment one year ago, over 125 conversion centres have been established, compared to the initial seven.

He said investment in the sector has exceeded $175 million, with 12 new mother stations commissioned and 75 more under construction.

Technician training is being ramped up, with 40 new technicians trained weekly. Over 34,000 conversion kits have been ordered, with more than half already distributed.

 

News

Lakurawa Terrorists, Not Bandits Responsible For Zamfara Explosion — Police

Published

on

Nigerian Police Logo
Nigeria Police Force
Share

The state’s police commissioner says members of the dreaded group were seen around the scene of the incident shortly before the explosion.

The police have fingered newly formed terror group Lakurawa as the mastermind of an explosion that occurred along the Dansadau-Gusau Road in the Maru Local Government Area of Zamfara State on Wednesday.

“This Lakurawa (group) when they were dislodged by the Army in Sokoto and Kebbi, the rest of them that survived the military onslaught were trying to find new enclaves,” the state’s police commissioner Muhammed Dalijan said on Channels Television’s Sunrise Daily breakfast programme on Thursday.

“As they were passing that village to Birnin-Gwari forest, they planted a bomb under a bridge. Then a motorist was passing and step on it. It exploded and killed the driver and three other people were seriously injured.”

The police commissioner said members of the dreaded insurgent group were seen around the scene of the incident shortly before the explosion.

Dalijan said planting of explosive devices was a new development in the North-West state. He said though Zamfara has had a long battle with deadly bandits, they don’t have the capacity to plant explosive devices.

“They were seen passing through a village and as we were getting reports, trying to get ourselves prepared to pursue them, this (explosion) happened. So, we are sure that they were the ones that planted the bomb.

“The bandits here (in Zamfara) don’t use bombs because they don’t know how to make it; they don’t know how to improvise explosive devices. So, we are 100% sure that they (Lakurawa) are the ones because planting bombs in Zamfara State is a new development and bandits don’t have that capacity,” he said.

Zamfara, located in North-West Nigeria, has become the “hub of banditry” in Nigeria, as described by Governor Dauda Lawal.

The governor said the marauding bandits whose kidnapping-for-ransom trade is booming in the state can be strangulated in two weeks with the right political will.

Meanwhile, military authorities have vowed to eliminate Lakurawa insurgents and other terror groups like Boko Haram and the Islamic State West Africa Province (ISWAP).

Continue Reading

News

Senate Sets Up Committee To Review Tax Reform Bills With AGF

Published

on

Nigerian Senate
Share

The Senate on Wednesday set up a committee to to review the controversial Tax Reform Bills that are before the National Assembly.

The Committee which is headed by Minority Leader, Senator Abba Moro (PDP, Benue South) will meet with the Attorney General of the Federation, Lateef Fagbemi, to address grey areas in the bills and revert to Senate before public hearing.

The Deputy Senate President Barau Jibrin disclosed this during plenary on Wednesday.

Barau, who presided over the session, said that the executive arm of the government agreed with the Senate that there is need to resolve all the issues causing disagreements in the bills.

Barau said, “We decided to put politics, ethnicity, regionalism aside to sit among ourselves in order to find a way forward in respect to issues affecting the tax reform bills. It is on this note that we extended our view to the executive arm of government, and it was agreed that there should be a forum to sit down to look at the areas that are creating disagreements in order to resolve them so that the entire country will remain united in our efforts to solve our problems.

“Before the introduction of these bills, we know we have been faced with several problems; insecurity that we and the president have been trying to solve, issues about our economy which is in line with global economic problems. And we also agreed that we shouldn’t allow any other to come in to aggravate the problems of our country.

“It is on this note that it has been agreed by the executive and by us that there should be a forum that should sit with the Attorney General of the Federation so that we can sit and look at all the areas of disagreement and resolve them for the interest of this nation.

“It is therefore proposed that tomorrow there will be a meeting with the committee that will be set here to sit down with the Attorney General to look at those issues and resolve them. It is on this note that the Committee on Finance that the bills have been referred to halt action with public hearing and other issues until we resolve those issues.”

President Bola Ahmed Tinubu had on October 3, 2024, forwarded four tax reform bills to the National Assembly.

The proposed Tax Reform Bills have generated a lot of controversies since its introduction at the National Assembly, meeting serious resistant especially from the Northern part of the country.

Following the controversies the bills have generated, the National Economic Council had advised President Bola Tinubu to withdrawal the bills to allow for further consultations, but he had refused and said that the bills should go through the necessary legislative processes.

Last week, the bills were passed at the Senate for second reading through voice votes.

The proposed legislation seeks to harmonize, coordinate, and resolve disputes arising from revenue administration in Nigeria.

Continue Reading

News

Gov Sanwo-Olu Signs Lagos Electricity Bill Into Law

Published

on

Babajide-Sanwo-Olu
Babajide-Sanwo-Olu
Share

The Lagos State Electricity Law 2024 is a comprehensive plan of Governor Sanwo-Olu’s resolve to address longstanding challenges in the energy sector.

Lagos State Governor Babajide Sanwo-Olu has officially signed the Lagos Electricity Bill into law.

The ceremony which was carried out at Lagos House Alausa Ikeja, had in attendance the state deputy governor Kadri Hamzat, members of the State assembly, as well as the state executive council members.

Governor Sanwo-Olu commended the state House of Assembly for ensuring the speedy passage of the bill, stressing that the bill will change the socio-economic value of citizens in Lagos State.

He stated that the electricity bill has been in the works for some years, and now that is finally achieved as Lagosians can be sure of a steady power supply.

On his part, the state Commissioner for Energy and Mineral Resources, Biodun Ogunleye, said the electricity law signed will provide an additional grid for Lagos State, and also put an end to black out in the state.

“There will now be regular power supply. Host community development Trust fund, which will provide opportunities for communities to develop power plant,” he said.

Ogunleye noted that the step taken by the government stands as a beacon of progress, that will ensure uninterrupted power supply in Lagos State.

The Lagos State Electricity Law 2024 is a comprehensive plan of Governor Sanwo-Olu’s resolve to address longstanding challenges in the energy sector.

The law will lay a robust foundation for economic growth, fostering industrial growth, improved quality of life, energy equity, economic prosperity, and environmental sustainability.

Among other things, the law seeks to establish a Lagos Electricity Market that is technically sound, financially viable, and well-regulated, ensure access to affordable, reliable, and sustainable electricity for all citizens.

It also helps to promote diverse energy sources, including renewable energy, and encourage energy efficiency, foster investment, competition, and innovation in the electricity sector and electrify underserved areas, contributing to the sustainable development of Lagos State.

Continue Reading