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Leaked document: Presidency fumes! *Denies N5.4trillion fuel subsidy  

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It is not true that the Federal Government might be spending a whopping N5.4trillion for payment of subsidy in the next six months, as it is still within the realm of projection, the Presidency, said on Thursday in a frontal pushback to the story, which broke on Wednesday.

The plan, reportedly being pushed by Wale Edun, Minister of Finance and Coordinating Minister of the Economy, to President Bola Tinubu, aimed at fast-tracking economic recovery, assist as many Nigerians as possible, and further mitigate the impact of the ongoing economic reforms of this administration, is to be implemented within one to six months to tackle inflation and further increase the purchasing power of the populace.

“Fuel subsidy: At current rates, expenditure on fuel subsidy is projected to reach N5.4 trillion by the end of 2024, This compares unfavourably with N3.6tn in 2023 and N2.0tn in 2022,” the report was quoted as saying, adding that amount represents an average of N450bn monthly subsidy bill, within the period.

But apparently, scandalised by the leaked report, Bayo Onanuga, presidential spokesman, dismissed the report, cautioning the mainstream media and social media platforms to desist from reporting fiscal policy documents that have not been ratified by the government, regretting that the documents titled: Inflation Reduction and Price Stability (Fiscal Policy Measure etc) Order 2024 was being shared as if it were an executive order signed by President Bola Ahmed Tinubu.

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“The other is a 65-page draft document with the title “Accelerated Stabilisation and Advancement Plan (ASAP), which contains suggestions on how to improve the Nigerian economy. President Tinubu received a copy of the draft on Tuesday. The public and the media should disregard the two documents and cease further discussions on them. None is an approved official document of the Federal Government of Nigeria.

“It is important to understand that policymaking is an iterative process involving multiple drafts and discussions before any document is finalised. We assure the public that the official position on the documents will be made available after comprehensive reviews and approvals are completed. Emanating from the two documents have been reports second-guessing government’s policy on customs tariffs, fuel subsidy and other economic matters.

“The government wants to restate that its position on fuel subsidy has not changed from what President Bola Ahmed Tinubu declared on 29 May 2023. The fuel subsidy regime has ended. There is no N5.4 trillion being provisioned for it in 2024, as being widely speculated and discussed.”

He referred to further clarification made by the Minister, saying: “As previously stated by government officials, including myself, President Tinubu announced the end of the fuel subsidy program last year, and this policy remains firmly in place. The Federal Government is committed to mitigating the effects of this removal and easing the cost of living pressures on Nigerians.

“Our strategy focuses on addressing key factors such as food inflation, which is significantly impacted by transport costs. With the implementation of our CNG initiative, which aims to displace high PMS and AGO costs, we expect to further reduce these costs. Our commitment to ending unproductive subsidies is steadfast, as is our dedication to supporting our most vulnerable populations.”

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BREAKING: Entire PDP structure in Delta empties into APC

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Sheriff Oborevwori, Governor of Delta State, Ifeanyi Okowa, his predecessor and all members of the Peoples Democratic Party in the state, on Wednesday emptied into the All Progressives Congress (APC), ending months of speculations about the political development in the oil-rich state.

James Manager, Senator formerly representing Delta South at the National Assembly, who announced the move in Asaba, the state capital, shortly after a meeting that lasted over six hours at Government House, Asaba, said the state could not afford to allow itself drift away.

“All PDP members in the state, including the governor, former Governor Okowa, the Speaker, the state party chairman, all the local government chairmen and others, have agreed to move to the APC. We cannot continue to be in a sinking boat,” he said.

Aniagwu Charles, Delta State Commissioner for Information, who confirmed the development, said the defection, was a collective decision of Delta PDP leaders and stakeholders, adding: “There is a need for us to adjust our drinking patterns. And in adjusting that drinking pattern, we needed to make a decision that would further help to cement the development in our state, to build the court of law that has existed in our state, to further advance the cause of security and the welfare of our people, and, to a large extent, ensure that development in Delta is not truncated.

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“In taking that decision, we concluded that leaving the PDP was very necessary for us to be able to collaborate and build a state that every Deltan will be proud of. We believe that what is happening, and the state of the PDP, is akin to that palm wine whose taste has changed — and there was a need for us to change the drinking party. By the grace of God, on Monday next week, we will be able to make a very big statement confirming that we are moving into the APC.”

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Edo community in protest: Fulanis still killing, raping, destroying our farms

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Agbede community in Etsako West local government area of Edo State, rose in protests on Wednesday, complaining of continued kidnapping and killing by Fulani herdsmen, who they say have taken over their bushes and those of the surrounding neighbours.

Accusing the alleged marauders of killing and maiming those who could not pay ransom, as well as raping women and dislodging farmers from their farmlands, the community, who took to the streets in demonstrations, lamented that help had refused to come from anywhere including security agencies.

Agbede, and surrounding villages, including Odighie, Egono and Awain, they said, had been under siege in the past two months while efforts to get the assistance of the police in the area had ended in futilities, accusing them of complicity, with senior police officers from the northern part of the country covering up the criminals.

“Farm destruction, killings, rapes, and kidnappings for ransom have become disturbingly common and the police, instead of protecting the communities, they seem to be aiding and abetting the Fulani herders against the aborigines.

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“The DPO at the Agbede Police Station, the Police Area Command in Auchi, and the Zone Five Office in Benin are not helping matters as we are suspecting them to be backing the herders with lining orders which is now creating fear amongst the people over their genuine protection and safety.”

Vanguard quoted a member of the community who did not want his name on the print as accusing the police of using blackmail, harassment, and detention to intimidate vigilantes and hunters who dare to challenge the Fulani invaders, while forcing the locals to sign undertakings not to confront the herders.

Still maintaining the allegation, he also claimed that those arrested in connection with the atrocities were usually promptly released within a few hours of arrest, adding: “Mamudu Momoh was attacked on his farm after he met some herdsmen taking over the farms, uprooting his cassava to feed their cows and in the process, he was attacked and injured.

“He went to the Agbede Police Division to report the case. The case was later turned against him, he was arrested and taken to Zone 5, where he was detained, and the community spent a lot of money to secure his release.

“There is another farmer in the community, Idris, who has been kidnapped by the herdsmen for over a month now and ransom has been paid, the man is yet to be released up till today. We are asking the inspector general of police to withdraw the DPO of the Agbede Police division who is a Northerner without which the Agbede community will never know peace in the hands of the herdsmen who are everywhere in our bush claiming to be hunters.

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However Moses Yamu, Chief Superintendent of Police, and spokesman of the Edo State Police Command, was quoted as debunking the allegations, saying that the officers and men of Agbede Police division have been working round the clock to deal with the herdsmen situation in the area.

Narrating how the police from the division, with a backup from Auchi Area command, had already arrested over 10 suspected kidnappers in that axis who were currently being investigated, he said the community were not fair to the police in their protest, especially to the zone 5 Command.

He was quoted as saying particularly that the protest coming less than two weeks after the Inspector General (AIG) in charge of the zone had just assumed duties, was not a good welcome package by the community for him, especially with the allegation of abetting the said crimes.

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Benue: Alia wants Fulani chased out from seized land, rejects emergency rule  

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What Benue State needs now is to secure its boarders with its neighbours and to assist it in flush out Fulani herdsmen and bandits from the land they have taken over after chasing away the original owners, who are now in various Internally Displaced Persons (IDP’s) camps.

Hyacinth Alia, Governor of the state, declared this stance on Wednesday, while appearing as a guest on The Morning Show, the breakfast programme on ARISE NEWS Network.

The governor, who spoke on a range of issues regarding the attacks with close to 100 persons slaughtered by invading armed groups, he identified as Fulanis from foreign lands, Alia, a Reverend Father of the Catholic Church faith, rejected the idea of imposing state of emergency in the state, saying what the people of needed at the moment was help from the Federal Government.

Stating how he was able to contain the activities of the killers in the state from 17 to just six local government areas, he said his administration had the capability to end the killings, if only it could get the needed support to further deal with the situation.

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He said: “What we need is emergency help for now. We need absolute support. The federal government is supported. They sent two armoured tanks that came in. Our situation had changed. We had a better narrative, but what we need to do is to get our people back home, to drive out the invaders, the armed invaders who have brought in people who do not even speak the Nigerian languages we speak. Let them move back to wherever they came from and allow us farmers to go back to our ancestral land. Calling for any emergency does not occur here.”

Dismissing the contention that the situation had overwhelmed him, he said his ability to scale down the spread of the attacks, was indicative that he had the capacity to tackle the incessant killings and destruction of properties in the state by killer herders, some of whom he believes are not Nigerians.

“We couldn’t have trimmed it from 17 local governments in the front lines of the attacks to nine and then now to six, which means we have the capability to do this, but we need help. And that is a fact,” he added.

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