Author: The Nation

  • Justice done

    Justice done

    •Court verdicts over OAU student’s death underscore equality before the law

    Osun State High Court in Osogbo, last week, imposed the maximum penalty on the proprietor of Hilton Hotel and Resort in Ile-Ife, Dr. Rahmon Adedoyin, and two of his staff for the death of Timothy Adegoke, a post-graduate student of Obafemi Awolowo University (OAU), Ile-Ife, in 2021. Adedoyin, Adeniyi Aderogba and Kazeem Oyetunde were sentenced to die by hanging.

    The court discharged three other members of the hotel’s staff – Oluwole Lawrence, Adebayo Kunle and Adedeji Adesola – from the charges, and sentenced a seventh defendant and also hotel staff, Magdalene Chiefuna, to two-year prison term.

    Presided over by Osun State Chief Judge, Justice Oyebola Adepele Ojo, the court found Adedoyin and three of his staff guilty of murder and conspiracy, and held that circumstantial evidence available to it pointed to unlawful killing of Adegoke. The judge said the court established that the deceased lodged at Hilton Hotel owned by Adedoyin and paid into the account of one of the defendants, and dismissed a second autopsy report signed by two pathologists from Obafemi Awolowo University Teaching Hospital as “a report by persons with vested interest.”

    Adedoyin and other accused persons got in the law’s firing line following the death of Adegoke between November 5 and 7, 2021, at Hilton Hotel, with the hotel management attempting to cover up the death by illegally disposing of the body. Adegoke was in the ancient city from his Abuja base on November 5 and had checked into Hilton to enable him make it early to the OAU Distance Learning Centre, Moro campus, for his examinations scheduled for November 6 and 7. He had told his family he would be staying at the hotel where he usually lodged whenever he went for his academic pursuits at OAU, but was declared missing on November 7, after his classmates reported that he failed to show up in class at the Moro distance learning centre. The hotel repeatedly denied the deceased lodged with it until facts proving that he checked in emerged. His body was found dumped in a grave following police investigation and arrest of some suspects, including Hilton workers. The proprietor, Adedoyin, was also pulled in for questioning.

    Read Also: Adedoyin’s hotel receptionist gets two-year imprisonment

    The hotel was under the oversight of Adedoyin’s son, Raheem Adedoyin, who with two other suspects is presently at large. In the course of trial, Chiefuna recounted to the court that Adegoke’s lifeless body was found in a room in the hotel but the management decided to conceal that discovery and also bound staff members, including herself, to an oath of secrecy. According to Chiefuna, an undergraduate of OAU who worked as a receptionist at the hotel to support herself financially, the room in which Adegoke lodged was locked when she took over duty shift on November 6, 2021, and she had cause to go knock on the door several times when Adegoke wasn’t seen, but there was no response. Eventually, she had to use a spare key to open Adegoke’s room before she discovered his body lying on the floor and wrapped in a duvet.

    Chiefuna told the court, among other things, that after the hotel manager, Aderogba (third defendant) went into the room and confirmed that Adegoke’s body was lifeless, Raheem Adedoyin summoned  her and other hotel workers on duty and administered an oath of confidentiality with the holy books on them to the effect that no one would divulge that a dead body was found in the hotel room. She said the oath was administered, according to Raheem, to protect the name and image of the hotel; and that the hotel proprietor and his son directed her to delete photographs of the hotel’s record book taken during her duty that day from her phone. Chiefuna said she obliged because they were her employers.

    Justice Ojo said Adedoyin’s decision not to enter the witness box meant he agreed to the murder charge pressed against him by the prosecution, and dismissed the alibi pleaded by counsel on his behalf that the hotel owner was away in Abuja for many days at the time Adegoke’s death occurred. Besides the sentences imposed on the accused persons, the judge ordered forfeiture of the hotel and the Hilux bus used to convey the deceased to the dumping ground. She also ordered that the education of Adegoke’s two children be funded from Adedoyin’s estate.

    Much as we do not endorse capital punishment by itself, we applaud the court’s verdicts as bold and forthright in dealing level-handed justice against the accused persons in favour of a hapless and vulnerable victim. Considering the socio-economic status of one of the convicts, the verdicts entrench equality before the law and teaches a lesson against impunity by the upper class. They as well underscore the dispassion of Lady Justice in moderating class conflict within society. The courage of her lordship deserves applause.

    Besides, the relative succour provided the victim’s family with the stipulation of scholarship for his children is highly commendable. It must be noted though that these verdicts were handed down by only the trial court and the convicts yet have the right of appeal, at which stage it is hoped justice would not be compromised. No amount of death sentences dealt accused persons can bring Adegoke back, but his family can at least find closure. 

  • Group backs Fed Govt on subsidy removal

    Group backs Fed Govt on subsidy removal

    A support group for the All Progressives Congress, APC National Integrity Movement, (ANIM) has declared support for the decision of the Federal Government to remove subsidy from petroleum products.

    Its National Coordinator, Abubakar Fakai hailed President Bola Tinubu for taking the bold step on the lingering fuel subsidy.

    The NNPCL on Wednesday jacked up the pump prices of PMS by over 200 per cent bringing the price of fuel to between N488 and N557 per litre.

    This decision followed a pronouncement made by President Tinubu that subsidy has gone in his inauguration on Monday.

    The pronouncement has however generated debates, with organised Labour insisting on the old pump price.

    Read Also: BREAKING: Court restrains NLC, TUC from strike over fuel subsidy

    But Fakai noted that , though Nigerians would feel the pains of the subsidy removal, the gains of the policy far outweighed the old regime of funding the subsidy.

    He therefore enjoined Nigerians to be patient and support the Federal Government as it takes decisions that will help reposition the economy of the country.

    The group’s Southsouth Leader, Chris Okaeben explained that since the former president, Muhammadu Buhari had initiated the process of removing the petroleum subsidy by not capturing it in the 2023 budget, it was incumbent on President Tinubu to implement the policy accordingly.

    Okaeben maintained that what was needed by Nigerians now was to endure the current high cost of living following the subsidy removal.

    He expressed optimism that the temporary situation would soon be changed for the betterment of the country.

    He also called on all APC members to continue to keep faith and defend the policies and decisions of this administration, “knowing full well that the Tinubu’s administration would reward party members for their loyalty.”

  • Subsidy and why Nigerians must persevere

    Subsidy and why Nigerians must persevere

    SIR: I write this article conscious of the stark realities on the ground now. The realities are somewhat those of momentary aura of an automatic heightened suffering. These sufferings are pervading the landscape of Nigeria now. None is spared.

    On this subsidy of a thing, do you really know what and what are involved? The red-hot issues are herein served.

    Every month – I mean, every other 30 days, you and I compulsorily shell out about N400billion as subsidy payment from our national coffers to a few musketeers. This huge sum is shared by less than 20 people in the name of monopolists who import the fuel we consume as end users. They choose what to quote in their invoices. Government pays.

    Yes, government pays that huge sum of money and still we pay as much as #250 per litre of fuel on the same subsidized commodity.

    State governments do not get as much as each of the subsidy racketeers go home with every month! Yet, states provide services but these monopolists only smile to their banks. The poor therefore sustains the very rich few. Government is held hostage and even blackmailed to continue wasting our resources on the fraud.

    Akinwunmi Adesina, the African Development Bank (AfDB ) President, in the recent Presidential Inauguration Lecture stated that in 2022, Nigeria spent $10B on fuel subsidy alone! 

    Can you imagine that? Now, for how long do we go on like that? Borrowing to sustain fraud? Borrowing funds we really do not need? 

    Nigeria is about being salvaged from years of subsidy cankerworms. The solid foundations have been laid.  Ex-President Muhammadu Buhari (GCFR) laid the solid foundations. President Bola Ahmed Tinubu (GCFR) is executing it. Yes, modular refineries have been built across the nation. Imo State has one at Ohaji/Egbema. The recently commissioned Dangote Refinery – a single Train Petroleum Refinery – the largest in the world – comes in handy to provide remedies. That is one loud legacy and expression of determination of the Buhari government to save Nigeria from fuel subsidy fraud!

    A decisive president – someone who has no godfather(s) – is now on the saddle, like his predecessor. His straight-cut commitment to liberate Nigeria from the clutches of subsidy fraudsters was an immediate one. He said it on the same platform he took oath of office. He said it looking up and not blinking. “Subsidy is gone”, he said. Determination is not ever less emphatic.

    It’s best for everyone to sit up now.

    But I look forward with a RENEWED HOPE for some better transportation system. Yes, here in Nigeria. The trillions of Naira pilfered yearly and now saved from an unappreciated and ineffective subsidy regime will do it for us.

    Read Also: Subsidy: Abdulrazaq slashes workdays to three for Kwara workers

    Imo State government has already responsibly reacted. A new computerized Mass Transit Scheme is on the offing. Governor Hope Uzodimma knows what leadership is all about. The new SA to the Governor on Mass Transit, Hon Anthony Anyaehie (Shark) spoke to the press last week on the new audacious goal to cushion the effects of the subsidy removal on Imo people, even up to the rural areas. That intervention is most welcomed now.

    The only way we can have underground trains and air-conditioned commuter buses as I read and watch on TV about Europe and the Americas should be by making this type of hard decisions. And bearing the necessary pains and sufferings associated with a necessary reform like this.

    Our posterity must not suffer like us. God forbid! Let Nigeria be free from our shylock subsidy racketeers.

    I mean, how can Nigeria continue on the same path we all rue about?

    These are the issues. It’s not about the rigmarole of activism. It’s not about the usual angst but about the necessity for a new acculturation to make our tomorrow better than today. Remedies come with pains. Let’s suffer small now, necessarily, to enjoy tomorrow. 

    The truth is that, over time, enhanced efficiency and competitiveness amongst the modular refineries and the new Dangote refinery will force down the pump price.

    Then, we all will have a better lease of life.

    •Stanford Arinze Nwokedi,

    Owerri, Imo State.

  • NLC should rethink proposed strike

    NLC should rethink proposed strike

    SIR: There is a need to ask whether what we have in the workers union today is a labour leader or a Labour Party leader. This question is necessary because the recent utterance by the NLC leader, Comrade Joe Ajaero, ordering workers to embark on strike this Wednesday over the removal of fuel subsidy which was not the creation of the current administration, is worrisome.

    For clarity, Comrade Ajaero is privy to the information that there is no provision for fuel subsidy in the 2023 budget which was designed by the previous administration. So, why did he wait until this time before raising a voice? Why the call for strike instead of dialogue? Let’s hope that Comrade Ajaero is not working for some underground forces.

    It’s known to everyone that fuel subsidy is no longer sustainable in Nigeria. What could have prompted Ajaero to ask workers to go on strike during the time that it’s obvious to everyone that fuel subsidy is not at all beneficial to Nigerian economy?

    It isn’t a secret that Comrade Ajaero is a Labour Party apologist. And it isn’t a secret that Ajaero’s preferred candidate in the last election was the Labour Party candidate. Isn’t it contradictory that the labour leader who supported the Labour Party which included fuel subsidy removal in its manifesto is the same person that is calling the NLC members to go against fuel subsidy removal today? Is it true that Ajaero is acting a script written by his party, Labour Party?

    Read Also: Subsidy: APC govs back FG as NLC threatens strike

    There isn’t anything bad if NLC show grievance like any other group to make their complaints known. But I don’t think that immediate call for strike should be the last resort. The challenges facing the country can only be solved through dialogue. Why do the NLC still cling to a method which has over the years worsened the country’s economy? They need to remember that the country has just come out of ASUU strike which everyone believes has created setbacks in the county’s education sector. Can Nigeria afford to go on another strike during the time that we hope for better country in the new administration?

    May I urge the NLC leaders to, instead of calling for reversal of fuel subsidy removal, dialogue with the government to create palliatives that will cushion the likely effects. They should find a way to deliberate on the reduction of the salaries of political appointees to pave the way for increase in the salaries of civil servants.

    President Bola Ahmed Tinubu must not back down from the decision. The removal of fuel subsidy is good for us. Though it may seem tough in the beginning, subsidy removal will have long-term gains.

    •Ademola ‘Bablow’ Babalola,

    babalolaademola39@gmail.com

  • NGO to Labour unions: embrace dialogue on subsidy removal

    NGO to Labour unions: embrace dialogue on subsidy removal

    The Coalition for Good Governance and Economic Justice in Africa (CGGEJA) has urged the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) to abandon its plot to embark on a nationwide strike and focus on working out an acceptable compromise with the Federal Government over the termination of the fuel subsidy regime.

    The group’s statement came in the wake of the ruling of the National Industrial Court in Abuja that restrained both unions from continuing the strike over concerns about its disruptive consequences, especially in the health and education sector.

    Students in Nigeria are presently sitting for WAEC, a continental-wide annual examination for final-year secondary school students. The planned strike, if it’s allowed to continue, would mean that the students would miss out on some key examinations, resulting in their inability to advance their educational pursuit for at least another year.

    The Country Director of the NGO, Prince John Mayaki, who signed the statement agreed with the court’s ruling, adding that the country cannot afford another disruption such as a major strike which would cripple markets and rob people of access to important services.

    Read Also: Subsidy removal painful surgery to save economy, says Olawepo-Hashim

    He warned that the labour unions may be embarking on a course of action, not in tune with the desires of the majority of Nigerians who though lament the ripple effects of the removal of oil subsidy but agree with the government that the “corrupt payment system” must go.

    He said, “All over the world, labour unions only resort to strike after exhausting the dialogue option. It is rather strange the NLC and TUC are reaching immediately for something as disruptive and chaotic as a nationwide strike without first sitting with the government to work out an acceptable compromise.”

    “It is without a doubt that Nigerians agree firmly with the new administration that the evidently corrupt subsidy regime must not be allowed to continue. Their wishes notwithstanding, there is simply no budgetary allocation nor revenue to continue the staggering payments, even if the government prefers to.”

    “This, therefore, means that the labour unions must concentrate efforts on identifying the less painful routes to ending the regime and transitioning the country to the new era of cost-reflective oil prices. There is no indication that a strike will help achieve this, except to further complicate things and increase the pressure on ordinary Nigerians.”

    “Labour unions must equally show itself adept at tactful and diplomatic actions capable of delivering the most effective and beneficial results, not just disruptive movements which really should be deployed as last resort when all else fails.”

  • Sujimoto’s audacious design worthy of attention, says Spanish firm

    Sujimoto’s audacious design worthy of attention, says Spanish firm

    The 15-floor architectural masterpiece of building giant –Sujimoto has been chosen by a Spanish firm, Porcelanosa Group as an incredible edifice worthy of attention.

    Porcelanosa Group is a 50-year-old iconic conglomerate renowned for manufacturing, distributing, and retailing luxury building materials, among a wide range of other products, through its annual ritual of searching for the best companies in the world with exceptional project designs.

    The Sujimoto’s audacious project, LucreziaBySujimoto, deemed “the curves of Banana Island,” as an incredible edifice.

    Sujimoto’s inclusion in this esteemed list is a testament to its unwavering commitment to excellence, scattering all rules and setting new standards for unrivaled luxury in the Nigerian real estate sector. With an unwavering dedication to extreme opulence and unmatched quality, Sujimoto’s current masterpiece, the Lucrezia de Medici, emerges as a symbol of architectural brilliance.

    The ‘Talk of the Town’ project serves as a testament to an exceptional team of designers and architects, both local and international, who meticulously studied how the Nigerian elites desire to live in their own villas, understanding their expectations and creating their desires through a first-of-its-kind architectural prowess of stacking villas on top of each other, creating a vertical estate that houses magnificent maisonettes and two of Africa’s best penthouses in the skies of Lagos.

    The LucreziaBySujimoto, Africa’s most luxurious and extravagant skyscraper, which was the brainchild of Dr. Olasijibomi Ogundele (GMD Sujimoto Group), was born from a visionary dream to revolutionize and elevate the essence of luxurious living in Nigeria. Inspired by the 16th-century Italian Renaissance and fashioned after the Duchess consort of Ferrara, Lucrezia de’ Medici, one of the most prestigious queens of her time. The Lucrezia project draws inspiration from the noble woman; her embodiment of elegance and ultimate sophistication, which were influenced by her royal bloodline.

    Emerging as a resplendent symbol of architectural brilliance, while captivating hearts and minds with its ethereal allure, the Lucrezia nestles in the shimmering curves of Banana Island, Nigeria’s most affluent and most desired neighborhood that is home to billionaires like Abdul Samad Rabiu, Sayyu Dantata, Mike Adenuga, amongst a host of other managing directors of multinationals, as well as ambassadors. Within this realm of sophistication and ultimate luxury is Lucrezia, a soaring odyssey at the height of opulence.

    Read Also: Our properties will stand for over 200 years’, says Sujimoto

    From its glazed GRC façade and uniquely designed ceilings to its specially designed Zaha Hadid sanitary wares that can only be found in the best hotels in Dubai, every contour of the project expresses the curvy attributes of the beautiful Lucrezia de Medici, with remarkable designs whispering tales of meticulous craftsmanship and extreme luxury for the discerning few.

    Adorned with 21st-century amenities never before seen in a residential building in Nigeria, from the lobby to the master bedroom, the LucreziaBySujimoto leaves an indelible footprint of visionary artistry while creating a lasting impression that defies description.

    The Lucrezia dusts off the records of several impressive firsts, including being the first building in Nigeria with a glass-reinforced concrete (GRC) facade and housing Africa’s first-of-its-kind interactive lobby. Additionally, it features Africa’s pioneering virtual golf bar with over 2500 courses where customers can express the Tiger Woods in them. Lucrezia is also the first building in Africa to have over 48 electric vehicle charging stations, the first of their kind on the continent. The Lucrezia also showcases a one-of-a-kind, fully furnished private IMAX cinema room with a Bang & Olufsen standard electronic system.

    Through a feat of collaboration guided by the visionary elegance of the late Nobel Prize-winning architect Zaha Hadid, Sujimoto has maintained an unparalleled synergy with the renowned Spanish conglomerate Porcelanosa Group in refining the boundaries of luxury living, leaving an indelible mark on LucreziaBySujimoto with the rarest and most exquisite materials.

    Sujimoto stands as the only developer in Africa to uniquely use such high-level pieces in all its apartments at the Lucrezia while offering such a high level of class and style, providing residents with a level of luxury typically found only in 5-star hotels globally.

    As the vibrant city of London stands still in the month of June 2023 for the second edition of the PIPA awards 2023 under the slogan “Designs for unforgettable moments”, Sujimoto’s audacious project LucreziaBySujimoto will take center stage in the category of distinctive multi-unit residential design that crosses all the T’s and dots all the I’s based on a wide range of set criteria including location, infrastructure and transport access, integration into the environment, originality of the concept, technical and architectural quality, services offered, innovation, sustainability, corporate staff involvement, response to market demands, financial performance, occupancy, and the impact of the project on economic convergence.

    This article cannot be complete without describing the Lucrezia penthouse, which is poised to compete as the best penthouse in Africa. A triplet penthouse that delivers its resident a front-row seat with the most spectacular 180-degree view of the beauty of Ikoyi and the endless ocean. Still on the market for as low as $14 million, this is the first penthouse in Nigeria with a suspended pool on the 14th floor, the first penthouse with a private golf garden, a private cinema, and a private gym, as well as the first penthouse with a private smooth elevator that zips at 3.5 meters per second.

    Also, the penthouse features a full home automation system delivered by the ‘Rolls Royce of automation’, Crestron, allowing its residents to control lighting, blinds, security, music systems, alarms, and entertainment devices with just the touch of a button. Not forgetting a fully fitted German-American dry and wet kitchen that comes with flawless Calacatta marble tops, subzero refrigerators, wine cellars, ultra-modern ovens, and coffee makers.

    The Lucrezia Penthouse, which has been impeccably designed for a perfect balance between glamorous contemporary living and investment functionality, also features the Louis XIV Club. A private membership club that unlocks the privilege to witness an unrivaled bouquet of services while indulging in the purest form of luxury.

    “In creating the Lucrezia, our intention was to build the best living experience any HNI could ever dream of. This is why we visited the best penthouses in Dubai and the best homes in Cape Town; we came back armed with the right team of experts, ensuring we cross all the T’s and dot all I’s in the delivery of the most luxurious building any human being can ever wish for”.

    Dr. Olasijibomi Ogundele, the Managing Director of Sujimoto Group, is recognised as the Czar of Luxury Real Estate Development and the mastermind behind renowned projects such as the Giuliano, LucreziaBySujimoto, Sujimoto Twin Tower (the tallest twin towers in Africa), Queen Amina by Sujimoto (a monument to royal affluence), LeonardoBySujimoto (a magnificent high-rise), S-Hotel (Nigeria’s unique hospitality address), Ìlú Titun (Nigeria’s No. 1 most affordable luxury housing), and GiovanniBySujimoto (Africa’s most exclusive waterfront townhouses). Some of which have etched an indelible imprint on Nigeria’s skylines, a testament to their unrivalled mastery of modern-day engineering.

  • Villarreal boss confirms Chukwueze’s imminent departure

    Villarreal boss confirms Chukwueze’s imminent departure

    Villarreal boss Quique Setien has resigned to fate and admitted the imminent departure of Nigerian international striker Samuel Chukwueze in the forthcoming summer transfer window.

    The 24-year-old Chukwueze helped Villarreal to a fifth-place finish this season as the Yellow Submarines secured a spot for next season’s Europa League . He personally had six goals to his credits plus five assists in the la Liga and has an impressive 13 goals across all competitions during this season.

    Both Chukwueze and his African compatriot, Senegal’s international striker Nicholas Jackson have been subject of intense transfer speculations for a while and Setien has hinted that there is a growing possibility that the duo may depart this summer.

    Setien admitted that Pressed both Jackson or Chukwueze Diario may end up leaving next summer though in an interview by Spanish news outlet, Diario AS.

    Read Also: More European giants queue up for Chukwueze

    “Now what I think about the most is them, the people. Jackson has helped us tremendously. He has been decisive. We have a lot to thank him for. Now he will have to decide about his future. We would love for him to stay, but we admit that he could leave, because everyone wants to grow,” he told Diario AS. “If Jackson is not there, then there will be someone else, and we will work with him with the same enthusiasm. This is also the fate of this club, having to transfer players you have enjoyed.”

    Jackson reportedly spent a large part of the campaign injured but finished the season on an exceptional run of nine goals in eight games, proving almost unstoppable for rival defences. He was on the verge of a Bournemouth in January but failed a medical and ended up staying.

    Equally Chukwueze has previously been linked with move elsewhere amid reported interest from a host of English Premier league sides including Aston Villa, Newcastle and West Ham

  • Funke Akindele’s Battle on Buka Street launches on Prime Video June 16

    Funke Akindele’s Battle on Buka Street launches on Prime Video June 16

    Nigeria’s highest-grossing film, Battle on Buka Street, is set to launch exclusively on Prime Video on June 16. A certified Box Office hit, the movie, directed by Funke Akindele and Tobi Makinde boasts a unique storyline, impressive cinematography, and exceptional acting from veteran and young Nollywood stars.

    Battle on Buka Street achieved record-breaking success as the highest-grossing film across cinemas nationwide last year and will debut on Prime Video on June 16 to continue that remarkable run as more people will be able to catch the film on Prime Video from June 16. Directed by the dynamic duo behind Jenifa’s Diary and The Vendor, this film is a further testament of their unmatched prowess when it comes to storytelling.

    Read Also: You’re a warrior, Yul Edochie tells Funke Akindele

    Based on Kanayo Maduka, played by Nkem Owoh, who resides on Buka Street with his three vibrant and opinionated wives, this movie weaves a compelling drama on the themes of polygamy, emotion, resilience, and comedy. Featuring a stellar cast including Funke Akindele, Mercy Johnson, Sola Sobowale, Bimbo Ademoye, Tina Mba, Femi Jacobs and Kevin Ikeduba, Battle on Buka Street provides a great balance of emotions, love, family life and humour. Apart from drawing heavily on the stellar career of Funke Akindele.

    Having made an outstanding statement with King of Thieves and gone further with Gangs of Lagos, Bad Comments, among others, Prime Video is about to enhance its Nollywood offering in Africa and across the world. Amazon Original series such as Citadel, The Power, The Wheel of Time, The Marvellous Mrs. Maisel, The Grand Tour, The Lord of the Rings: The Rings of Power also continue to delight Nigerians on the streaming platform.

  • Amotekun corps found dead

    Amotekun corps found dead

    A middle-aged corps of Osun Security Network Agency codenamed Amotekun, Demilade Eluwande, has been found dead at his farm in Ile-Ife.

      It was gathered that Eluwande had gone to his farm at the early hours of Sunday to harvest cocoa with his wife when he died.

    Read Also: One dead in Amotekun/traders clashes

     A source who confided in The Nation, disclosed that the farmland was subject of dispute as among two families claiming ownership of the land. It was alleged that they threatened to kill him diabolically if he refused to cede the land to them.

     It was gathered that while Eluwande was in the farm plucking cocoa, he became unconscious and died. It was revealed that the family of the deceased had taken the corpse for burial at Ajidara, Ile-Ife.

    The spokesperson for the Nigerian Security and Civil Defence Corps, NSCDC, Osun State Command, Kehinde Adeleke, confirmed the incident.

  • Subsidy probe

    Subsidy probe

    • We support IPMAN but subsidy withdrawal cannot wait till this is concluded

    Last week, the Independent Petroleum Marketers Association of Nigeria (IPMAN), urged the Tinubu administration to probe the management of the subsidy fund if only to put his administration in a pole position to know how much can be truly saved for infrastructure and education from the subsidy scheme.

    The issue, according to the body’s national vice president, Debo Ahmed, is that the N13 trillion saving being bandied around by the Nigerian National Petroleum Company Limited (NNPCL), as the amount to be saved from the removal of the subsidy (apparently based on its projection of 60 million litres per day consumption), has no basis in reality and so banking on it could pose a challenge for the administration.

    His words: “This is because people will be expecting that he has N13 trillion to come to the government purse for infrastructure. He has to study it a little to know the rigmarole of everything because the former subsidy is full of corruption. This is because we are not consuming the 60million litres per day…” adding that the president may be disappointed if he cannot save N13 trillion from subsidy removal.

    As an important player in the sector, IPMAN’s perspective on the matter is certainly important and so deserves to be taken seriously. In fact, we recall that the Nigeria Customs Service (NCS) had long before now, canvassed the same argument that the 60 million litres per day being bandied around by the NNPCL as representing the country’s petrol consumption is baseless. 

    Customs comptroller-general, Hameed Ali, had during a session with the House of Representatives’ Committee on Finance in September 2022, not only questioned the company’s claim of 60 million daily petrol consumption but also its astounding claim of actual 98 million litres daily lifting.

    He had raised the poser to the NNPCL: “So, how did you get to 60 million litres per day…? The issue of smuggling, if you release 98 million litres in actuality and 60 million litres are used, the balance should be 38 million litres. How many trucks will carry 38 million litres every day? Which road are they following and where are they carrying this thing to?”

    The poser has remained unanswered till date.

    Read Also: Subsidy removal painful surgery to save economy, says Olawepo-Hashim

    Fundamentally, we do agree that the Federal Government needs to get to the root of the matter. In fact, the current climate makes such an accounting imperative. We dare say that such investigations are neither difficult nor rocket science. Only that the measures being canvassed by IPMAN are not mutually exclusive from those already taken by the government. The Nigerian Ports Authority, (NPA), after all, has the records of the ships said to have brought in the consignments of fuel; same with the global body of shippers, the Lloyd’s with their register just as the Central Bank of Nigeria has the records of all claims processed for payment. Anti-graft bodies could be brought in to help crack the riddle. Some examples should be made of the callous people who are punishing the people that they are supposed to be servicing through subsidy fraud.

    Our point of divergence with IPMAN however is the suggestion that the government wait for the outcome of such probes before taking action. Of course not. To the extent that majority of Nigerians are finally one with the Tinubu administration on the whole gamut of the subsidy question, which is that the country, as it is, cannot even afford the subsidy burden even if it wanted to; and that many are its variegated, in-built perverse rewards that make its retention iniquitous, if not entirely catastrophic, the mere suggestion from any quarter that the new administration continues to dig itself further and further into the fiscal hole defies any logic.

    The argument surely goes beyond the current fixations with the NNPCL arithmetic. At stake is the survival of our political economy. Here, the argument, which bears restating, goes that with the subsidy out of the fuel-price template equation, there would be no basis for any fuel importer to pad up any import bill since nothing is expected from the public till; and that those unscrupulous players given to smuggling refined fuel across the borders would have no incentives to undertake the business.

    In the end, the country can look forward to a more stable regime of fuel supply, while the government is allowed the freedom to deploy those resources hitherto used to defray the subsidy to government business, including those that concern the poor.