Tag: Tinubu administration

Former Buhari’s Economic Team, Anambra Gov., Soludo says Tinubu inherited ‘dead economy’

Aminu Imam

Anambra State governor, Chukwuma Soludo, has said that President Bola Tinubu inherited a “dead economy” from his predecessor, despite he (Soludo) being a member of former President Muhammadu Buhari’s Economic Advisory Council. Governor Soludo, who said this while featuring on a television’s programme, said that the Nigerian economy under former President Buhari “was like a dead horse which, though dead, but was still standing and people did not know it was dead”. Recall that after Buhari replaced his Economic Management Team with an Economic Advisory Council in September 2019, Gov.…

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Nigerians lament, as Tinubu signs controversial Yacht, SUVs Bills

Aminu Imam

Amid the growing economic disparity, Nigerians have continued to struggle for survival, as President Bola Ahmed Tinubu approved a supplementary budget earmarking millions of dollars for a presidential yacht and Sport Utility Vehicles (SUVs) for his wife and top government officials. It had earlier been reported that President Tinubu on Wednesday signed into law the budget that allocates $38 million for the presidential air fleet and other renovations. The $6.1 million that had been allocated for the boat earlier was redirected by lawmakers to “student loans” a move that was approved…

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“We’ve become orphans under Tinubu” – Ex-PGF D-G expresses regret

Aminu Imam

A former Director-General of Progressive Governors Forum (PGF), Dr. Salihu Lukman, has accused President Bola Tinubu of allegedly alienating members of the All-Progressives Congress (APC) in his appointments. Lukman, who likened Tinubu to former president Muhammadu Buhari, said APC members have become orphans under Tinubu. In a piece, titled: “Nigerian Politics of Morbid Desire for Naked Power”, the immediate past national vice chairman (North West) of the ruling urged the President to undertake the “moral and spiritual reconstruction” as proposed by one of the nation’s founding fathers, the Late Obafemi…

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“This administration will not get eight years” – Sheikh Gumi  

Aminu Imam

…Says Christians cannot be trusted with Nigeria’s security Renowned cleric, Sheikh Ahmad Gumi, has said that the current administration headed by President Bola Tinubu will not get eight years in power. Gumi, who stated this while preaching via a video clip posted on his Facebook page, also accused the Tinubu administration of nepotism and claimed that ‘they have hijacked all means of money and economic power’. Gumi said: “There is an agenda. All means of money and economic power have been hijacked by them, they are planning to deceive us…

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Tinubu’s Appointment: Staff shutdown head office in protest against NIPOST new CEO

Aminu Imam

Nigerian Postal Service (NIPOST) workers have shut down its Head office in Abuja to protest the appointment of Tola Odeyemi as Chief Executive Officer/Postmaster-General. Recall that the presidential spokesman, Ajuri Ngelale, made an announcement last week regarding the leadership changes made by President Bola Tinubu in various communication organisations, including NIPOST. There were speculations that the fired Post Master-General, Adeyemi Adepoju, had been reinstated shortly after the announcement of Odeyemi’s appointment. Adepoju was seen addressing several employees in a widely shared video. In the video, he was shown telling people…

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Fuel Subsidy Removal: Tinubu’s economic policies not living up to expectation – Financial Times Editorial

Aminu Imam

London-based Financial Times publication says there are signs of President Bola Tinubu’s economic reforms not going as planned. In an editorial, the publication noted that although Tinubu started well by removing fuel subsidy and moving towards a market-driven exchange, events in the past four months show that more work has to be done. “In removing a costly fuel subsidy and in shifting towards a market-driven exchange rate, which has sharply weakened a previously overvalued currency, he has gone some way towards persuading investors he is serious about reform. But four…

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“Tinubu govt. has no solution to economic hardship” – Primate Ayodele warns Nigerians

Aminu Imam

The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele yesterday claimed that President Bola Tinubu’s administration has no solution to the economic hardship in Nigeria. Primate Ayodele urged Nigerians to prepare for more difficult times. He stated that the country will not survive without borrowing money and it will lead to the incapacity of so many States. In an issued statement by Ayodele’s spokesman, Oluwatosin Osho, the cleric said the economy will keep fluctuating and for the next four years, Nigeria will keep struggling. The man of God pointed…

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“Tinubu administration still paying subsidy on petrol” – Oil Marketers

Aminu Imam

The Independent Petroleum Marketers Association of Nigeria, (IPMAN), has said the Federal Government is still clandestinely paying subsidy on petrol to maintain the current pump price. Presently, petrol sells for between N568 and N617 in different parts of the country, and as of Thursday, the ex-depot price of petrol stood at N580 per litre in Lagos. After adding the cost of conveying it to filling stations and the marketers’ profit margin, it ought to sell for between N620 and N630 per litre. It was gathered that the difference however, represents…

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