General
Fuel Subsidy Removal and the Concept of Change
By Jerome-Mario Utomi
It is common knowledge that the Nigeria Labour Congress (NLC) recently rejected the federal government’s proposed N5,000 for 40 million poor Nigerians when the subsidy on Premium Motor Spirit (PMS), commonly called petrol, is removed.
While describing it as ‘nonsensical’ the argument that the complete surrender of the price of petrol to market forces would normalize the curve of demand and supply as it is being wrongly attributed to the current market realities with cooking gas, diesel and kerosene are very obtuse, the union, according to media reports, warned that the bait by the government to pay 40 million Nigerians N5,000 as a palliative to cushion the effect of the astronomical increase in the price of petrol, is comical.
Essentially, before going ahead to admit the fact that the NLC captured what has been on the minds of Nigerians, there is a need that I add context to the present discourse.
It is public knowledge that prior to the 2015 general election when the word ‘change’ made its way to the nation’s leadership lexicon via our political leaders, who at that time, in the image of their actions, and in their quest for new but personal fields to increase their wealth and wellbeing, redefine the word and lavishly promised Nigerians same, Nigerians have never paid ‘disciplined attention’ to, or hobnobbed/romanced such a word.
Also lamentable is the awareness that without studying the various propositions presented by the change proponents, and failures by well-informed citizens to inform the masses accordingly, politicians persuaded Nigerians to endorse and applaud the lavishly promised ‘change’ without knowing or recognition that it was harmful to their interest.
With the above highlighted and in order not to allow the true meaning/obligation of change in any given society, state or nation, to go with political winds, this piece will further keep issues where they are.
Globally, the concept of change has been a subject of metaphysical discourse and dispute.
As noted by an author, the notion of change is always related to being, the relationship of being and becoming in infinite beings. Whatever change is and is not, it has a past, a present and a future. Change as it were, is a self-evident fact; we experience change.
Hence we can say for certain that change is the primary datum of experience. Everything given to experience is subject to change. Hence, change is a universal phenomenon. Change involves movement from one pole to another. It is a transition of being from one mode of being to another mode of being. To change implies to be different and yet somehow to remain the same. That is, the past mode and the present mode are somehow different and somehow the same.
Second and very fundamental, like so many unpalatable experiences in the past (electricity tariff among others), this piece holds the opinion that engineering change is not the problem but how the government defines/understands the concept of change. This understanding daily reflects in the federal government choices and slanted decisions that today paints our nation with the politics of fear and bankruptcy of ideology, perpetuates poverty and promotes powerlessness, impedes socio-economic development, leaves our democracy down-graded and troubled; visits Nigerians with tears while eroding opportunities for sound policy formulation.
More importantly, aside from the fact that the planned fuel subsidy removal has recently seen the relationship between the government and the governed transcends to a chaotic coexistence, leaving Nigerians as both victims of blasted hope, there are of course more reasons why Nigerians are not particularly happy with such development and can no longer trust the social contract or the framework of rules that governs the state.
Here is my philosophy; recently, life in the estimation of Nigerians who once lived in comfort and loved to stay alive, has become not only a burden but the shout of the ‘good old days’ now rends the nations’ wavelength with the cost of living comparatively high and national security now a problem, our value system which used to be sound has gradually been eroded and people no longer have value for hard work and honesty.
The country is currently the direct opposite of what it used to be. There is uncertainty and collective fears of the future, stemming from state weakness, clientele and indiscriminate repression which have resulted in the emergence of armed responses by marginalized groups and nationalist, ethnic or other populist ideologies.
The situation says something more. Across the board, there exist political and institutional factors: weak state institutions, elite power struggles and political exclusion, breakdown in social contract and corruption, identity politics. Socioeconomic factors such as inequality, exclusion and marginalization, absence or weakening of social cohesion, poverty among others.
Most importantly, with the promised change by the present administration; Nigerians thought that they (FG) will make conscious efforts to enhance primary health care facilities across the country, reduce costs and unnecessary pressure on secondary/tertiary health care facilities.
Personally, I have personally thought that the promised change in 2015 would increase the number of, and improve the quality of all federal government-owned hospitals to world-class standards within five years.
In the area of education, Nigerians are particularly not happy that the present Federal Government is unable to carry out a thorough review of the education sector and tackle the main causes of the sectors’ decline, implement fully and enforce the provisions of the Universal Basic Education Act with emphasis on gender equity in primary and secondary school enrolment while also improving the quality and substance of the schools.
Without a doubt, Nigerians had earlier believed that the present administration would reinstate the now abandoned Teacher Training College to train teachers, make substantial investments in training programmes at all levels of the educational system, re-introduce technical and vocational education nationwide by giving adequate material support to such institutions. They (Nigerians) expected the APC led administration to spend up to the UNESCO budgetary recommendation on the education sector.
Whatever may be the failures, this piece believes that we must as a nation return to where it started from. This is because, despite the validity of the federal government’s present argument, nobody will believe them particularly as Mr President had during a media broadcast on October 1, 2020, insisted that petroleum prices in Nigeria must be adjusted as it makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.
Let’s again listen to that remark; we sell now at N161 per litre. A comparison with our neighbours will illustrate the point; Chad which is an oil-producing country charges N362 per litre; Niger, also an oil-producing country sells 1 litre at N346; In Ghana, another oil-producing country, the petroleum pump price is N326 per litre; Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre. It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia, Buhari concluded.
No nation, in my view, can become great under a leadership arrangement with such orientation/thinking.
Jerome-Mario Utomi, Programme Coordinator (Media and Public Policy), Social and Economic Justice Advocacy (SEJA), writes from Lagos. He could be reached via [email protected] or 08032725374.
General
Swedfund Puts Down $20m for Green Business Growth in Africa
By Aduragbemi Omiyale
About $20 million has been put down by Swedfund to support efforts that limit climate change in Africa and help communities adapt to its effects.
The funds would be deployed by the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund to back African companies that reduce emissions, strengthen resilience and create green jobs.
Swedfund’s investment is expected to contribute to significant cuts in greenhouse gas emissions and to help businesses and small farmers adapt to a changing climate.
The investment strengthens Swedfund’s work to drive a sustainable and inclusive green transition in Africa.
Africa contributes less than 3 per cent of global carbon emissions but faces some of the most severe climate impacts. At the same time, the continent’s energy demand is expected to triple by 2050.
Swedfund’s investment in Helios CLEAR will help channel capital to businesses that drive low-carbon growth in areas such as renewable energy, sustainable transport, climate-smart farming, efficient use of resources and digital climate solutions.
“By investing in this sector, we can reduce emissions, build resilience and create green jobs, all vital for sustainable growth that benefits more people.
“Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous.
“Through Helios CLEAR we help build the next generation of African climate-focused businesses,” the Investment Director for Energy and Climate at Swedfund, Ms Gunilla Nilsson, stated.
Helios CLEAR Fund is a Pan African growth equity fund managed by Helios Investment Partners, one of Africa’s leading private equity firms.
The fund targets investments that deliver measurable climate mitigation and adaptation outcomes. The fund is supported by multiple development finance institutions.
General
Lawmaker Alleges Alterations in Gazetted Tax Laws
By Modupe Gbadeyanka
A member of the House of Representatives, Mr Abdussamad Dasuki, has alleged that the gazetted tax laws are different from the ones passed by the National Assembly.
Speaking on Wednesday during plenary at the green chamber, the opposition lawmaker the emphasised that content of the tax laws as gazetted was not what members of the parliament debated, voted on and passed.
In June 2025, President Bola Tinubu signed the four tax reform bills into law, becoming an act. The new laws are the Nigeria Tax Act (NTA), 2025, the Nigeria Tax Administration Act (NTAA), 2025, the Nigeria Revenue Service (Establishment) Act (NRSEA), 2025, and the Joint Revenue Board (Establishment) Act (JRBEA), 2025.
In September, they were gazetted by the federal government.
On the floor of the House yesterday, presided over by the Speaker, Mr Tajudeed Abbas, Mr Dasuki, while raising a matter of privilege, after reviewing the gazetted law and what was passed, he found out some discrepancies, appealing to the Speaker to ensure that all relevant documents, including the harmonised versions, the votes and proceedings of both chambers, and the gazetted copies currently in circulation, are brought before the Committee of the Whole for scrutiny by all members.
He warned that allowing laws different from those duly passed by the National Assembly to be presented to Nigerians would undermine the integrity of the legislature and violate constitutional provisions.
“Mr. Speaker, I will be pleading that all the documents should be brought before the Committee of the Whole.
“The whole members should see what is in the gazetted copy and see what they passed on the floor so that we can make the relevant amendment. Mr Speaker, this is the breach of the Constitution.
“This is the breach of our laws, and this should not be taken by this House,” Mr Dasuki said when rising under Order Six, Rule Two of the House Rules on a Point of Privilege.
In his remarks, Mr Abbas promised that the parliament would look into the matter.
General
Mining Marshals Reclaim 90 Illegal Sites, Prosecute 300 Offenders
By Adedapo Adesanya
Over 90 illegal mining sites have been reclaimed and 300 offenders prosecuted since the deployment of the Mining Marshals, a specialised task force established to secure Nigeria’s mineral assets.
This information was disclosed by the Minister of Solid Minerals Development, Mr Dele Alake, at the South West Leaders Conference held recently in Akure, the Ondo state capital.
He described the crackdown as a turning point in the battle against mineral theft and insecurity in mining communities.
“We created the Mining Marshals to tackle insecurity and illegal mining head-on. I’m proud to say that peace is returning to our mining fields,” he said.
According to Mr Alake, the initiative has strengthened investor confidence and improved government revenue.
“When you protect the minerals, you protect national wealth. That’s exactly what we’ve done with the Mining Marshals,” he stated.
He noted that beyond arrests and reclamations, the Marshals have restored safety in key mining corridors and curbed the activities of illegal foreign operators. “We are taking back control of our natural resources from criminal networks,” Mr Alake emphasised.
The minister reiterated the government’s commitment to maintaining the momentum through digital surveillance, stronger local intelligence, and inter-agency coordination.
“Our success proves that security is the bedrock of sustainable mining. We will keep refining this model until every site in Nigeria is safe, legal, and productive,” he added.
Launched last year, the marshals were given the mandate to stem theft and all nefarious activities around the nation’s minerals so that benefits are not extracted by the wrong people.
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