NEC Recommends N302 per Litre Fuel Price by February

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January 19, 2022

The federal government may increase the price of Premium Motor Spirit (PMS), better known as petrol, to N302 per litre in February 2022 as part of the recommendation of the National Economic Council (NEC) in November 2021, TheCable reports.

According to the news platform, this is part of the government’s plan to fully deregulate the PMS prices, eliminating monthly subsidy payments with provisions to ensure fair competition in the market.

The recommendations were put forward by the NEC ad-hoc committee interfacing with the Nigerian National Petroleum Corporation (NNPC) on the appropriate pricing of PMS in Nigeria. The report was presented by Nasir El-Rufai, governor of Kaduna state and head of the committee.

The committee was established last year by NEC headed by Vice-President Yemi Osinbajo to look into the dwindling revenues of states.

Other members of the committee include Godwin Obaseki, Kayode Fayemi, and David Umahi, governors of Edo, Ekiti and Ebonyi states respectively; as well as Godwin Emefiele, governor of the Central Bank of Nigeria (CBN); and Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC); Zainab Ahmed, minister of finance, budget and national planning.

In May 2021, the Nigeria Governors’ Forum (NGF) had also recommended N385 per litre — but stakeholders, including the federal government, rejected the recommendation.

The recommendation has since been reconsidered and dropped by the committee.

According to the new report, the committee recommended full deregulation of PMS prices by February 2022 — raising the price by about N130/140 per litre.

It also recommended that all retailers should post PMS prices at all times on a designated website and smartphone app — and they are expected to post price changes no earlier than within 15 minutes of the price change.

With the recommendations, the committee added that the federal government would save N250 billion per month on petrol subsidy removal.

At current rates, the PMS subsidy is reducing transfers into the federation by about NGN 250 billion per month, and could, if PMS subsidies are not eliminated, result in deductions of NGN 3 trillion in 2022,” the committee’s resolution reads in part.

“The large-scale time-limited (6-months) cash transfer proposed as a way of transferring the subsidy “directly to the people” would cost N600 billion but would by paving the way for the elimination of PMS subsidies, enable the federation to recover N3 trillion in revenues that would otherwise go to PMS subsidies.

“If PMS subsidies are eliminated by February 2022, N250 billion in deductions would have been incurred, but the remaining N195 billion in anticipated PMS subsidy deductions could be redirected towards FGN funding of the cash-transfer programme.”

The NEC committee also recommended a market-based pricing mechanism, as another option, that would ensure petrol price ceilings at least once a month.

(Journalist101)

Southeast populace must activate the master key to our political freedom– Chinedu Asuzu

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bvichannel1

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January 18, 2022

The Leader- Good Governance Ministry (GGM), a political interest group, Chinedu Asuzu, has urged the people of South East geopolitical zone to activate what he termed the master key to our freedom.

Asuzu, who made the call during an hour radio phone-in programme aired on Monday at Odenigbo 99.1 FM Obosi, argued that the Igbo nation needs a political bloc to move forward.

“For us to gain freedom, we must activate the key to our political freedom. Activating the master key will start by getting our people involved in political issues that involved them. This is why we are here every Monday to conscientize the public on ways forward. It is the political revolution we are clamouring for. I am happy that the message is sinking into our ears. Many people are listening to us from all over the world.

“The ideology is to inform our people to gain the political freedom. If you want to join GGM call us on 08060982212 or 08104207522. You can also join GGM online via https:/registration.ggm.com.ng/ or visit our website www.ggm.com.ng to be updated. Our target is to have 1million members from every state in Nigeria so as to return Political power to the ordinary people . It is achievable.The political system in Nigeria is determined by moneybags , stakeholders ,cabals and elites , hence the emergence of GGM to organise the ordinary people who are in the majority. We need to start from our region first to sensitize our people on the need to participate in the political process . We do not need to segregate; that this person is from Anambra or Enugu, Imo, Ebonyi or Abia.

“We are from the same zone. That is why I am happy over the list of 80 transition committee members released by Prof. Charles Soludo. He drew the list from different parts of South East and beyond. Let’s start from there. Soludo must succeed. We must start from there as a template to reach other parts of the South East. We need leaders who have political will. We need people who have the political decision. If we get it right in Anambra, by 2023, we will overrun the entire South East to bring the Igbo nation together. We don’t need politics that aimed at praising the Abuja. Charity is said to begin at home. The master key to our political freedom lies in our hands. We need to elect those who have the capacity, capability and integrity.

“We need the support everybody to achieve this. We must form a political Bloc. If we get a political bloc, we can get political freedom, social freedom, economic freedom and spiritual freedom. We must first get a government people can trust. If we get it, our people will start bringing their wealth and economic development homes. We need people who have the political will to gather all these political touts and engage them into a better place.

” We will setup the template for our social contract. Some attributes in our social contract are to setup agricultural estates. Like I pointed out during the public hearing on open grazing in Anambra, we need to setup Agricultural estate across the three senatorial zones. And make them very attractive.”

Asuzu, while responding to some questions asked by callers on the programme, added that Africa will develop more when people get it right by electing and supporting credible People.

“Development cannot happen without the people. Development is progressive. It requires human capital development; discovering talents, building skills and supporting them with capital. All revolves around political decisions. On education, we will get it right when we get leaders who can train their children at public schools here. By so doing, they will find out what others are passing through and rebuild the school system,” he maintained.

“Political freedom and self determination are intertwined. If you have Political freedom you can be able to express your self determination. Self determination is when you decide to yourself what is right to do without being hoodwinked . We need to start from known to unknown. Regional Government is the key. ”

Some callers including Mr Sunday Odume, Engr. Chukwuemeka Menekaya, Paschal Onuorah extolled GGM, expressing hope that the programme would help to revive and advance the course of Igbo nation. The GGM Political radio program with Chinedu Asuzu will continue next week Monday from 11-12 noon at Odenigbo Fm 99.1 .Spread the good news about the first Political Ministry in Nigeria .

By Okechukwu Onuegbu

BREAKING: FG Files Fresh Terrorism Charges Against Nnamdi Kanu

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bvichannel1

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January 18, 2022

The Nigerian Government on Monday filed fresh terrorism charges against detained leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu.

According to the amended process it filed before the Federal High Court sitting in Abuja, the Nigerian Government increased the counts in the initial charge it preferred against Kanu.

The IPOB leader, who was hitherto facing a seven-count treasonable felony charge, will now enter his fresh plea to a 15-count amended charge marked FHC/ABJ/CR/383/2015 and signed by Director of Public Prosecution, M.B Abubakar.

This amended charge came barely 24 hours to the scheduled commencement of hearing by Justice Binta Nyako.

Some of the new charges against Mr. Kanu is the importation of radio transmitter which was concealed in household items in 2015 and ordering his members to kill Nigeria security officers.

The court had on December 2, 2021 fixed Tuesday 18th ,January, 2022 to hear some pending applications including the one Kanu filed to be discharged and acquitted.

Video: We Will Take Over The Entire South East Politically and Economically – Asuzu

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bvichannel1

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January 17, 2022

Video: We Will Take Over The Entire South East Politically and Economically- Asuzu

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bvichannel1

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January 17, 2022

I have Never Felt so Low- Obi Cubana Reacted to NDLEA Accusation

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Queen Madu

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January 17, 2022

Businessman and socialite, Obi Iyiegbu, popularly known as Obi Cubana, has revealed that it was repulsive for the National Drug Law Enforcement Agency to link him with illegal narcotic business.

Mr Iyiegbu was on Thursday grilled for about five hours at the Abuja headquarters of the NDLEA before he was granted bail but it looks like he was detained for days.

While speaking at an Instagram live interview with media personality, Daddy Freeze, on Saturday, Obi Cubana said, “I was in detention for four days and three nights. I didn’t feel bad because I knew the agency would do a thorough job and if I am cleared, I’d be let go.

“There was no witch-hunting, nobody was after me. But to link me to drugs? I’ve never felt so low. To me, it’s repulsive”, Cubana, who is the Chairman of, Cubana group of companies stated.

It was reported that suspicious payments were made into Cubana’s account by three convicted drug dealers from Malaysia, Nigeria and India but Cubana noted that he had made a covenant with God that he’d never support, invest, or be a part of any drug business.

This is something that my children could be victims of,” the socialite added.

“I was never accused. I was never linked to anything but they said somebody paid money into my account, and I believe that the agency in question is a very responsible one.

I know that at the end of the day, they would make their findings public.”

(Journalist101)

Video: Is Soludo Transition Committee Bogus ? Here ,is Chinedu Asuzu View

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bvichannel1

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January 16, 2022

Soludo: Angry Obiano Calls Crucial Meeting Over Soludo’s Transition Committee

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bvichannel1

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January 16, 2022

Trouble seems to be brewing in Anambra state ahead of the inauguration of Prof. Charles Soludo as the Governor of the state.

The Governor-elect will be sworn-in in March this year.

But reports from the state indicates that the outgoing Governor Willie Obiano is not happy with his successor.

Obiano’s anger stems from the constitution of the Governorship Transition Committee by Soludo.

A source at the Anambra State Government House told Symfoni in confidence that Governor Obiano was surprised to see the announcement in the media.

“The Governor felt slighted by the action. He feels the incoming Governor is already neglecting him even before taking office,” the source said.

The source added that a crucial meeting has been scheduled to hold on Monday in Awka, where the Governor has invited some government and party stakeholders.

According to him, “Governor Obiano said he was not consulted before the committee was constituted. There are also insinuations that Prof. Soludo plans to advertise the role of Commissioners for people to apply.

“All these actions are agitating the Governor.

The Governor-elect of Anambra state, Prof Chukwuma Charles Soludo, Thursday named an 80-man transition team. This is ahead of his inauguration as Governor of Anambra state in March 2022.

Dr (Mrs) Obiageli Ezekwesili, former Minister of Education, was named the Head of the Governorship Transition Committee from the Governor Willie Obiano administration.

The appointment of the 80-man list is contained in a statement by Mr Joe Anatune, Head of Soludo Media Office.

Those in the list are renowned economist Prof. Pat Utomi, Businessman and former governorship candidate in Abia state, Dr Alext Otti, Senior Lawyer, Olisah Apgbakogba (SAN), rights activist, Prof. Chidi Odinkalu, political expert, Dr, Law Mefor and many others.

“This is to announce the constitution of a Transition Committee which will liaise with a team set up by the government of Anambra State to ensure a seamless transition from Governor Willie Obiano’s administration to a Chukwuma Charles Soludo-led administration as from 17th March 2022.

“The full Terms of Reference for the Committee as well as its mode of operation will be communicated during the inauguration/first plenary sessions scheduled for 19- 22nd January 2022 at the Golden Tulip (Agulu Lake) Hotel, Anambra State,” the statement reads.

See the full ListList:

1) Mrs Oby Ezekwesili — Chairperson

2) Prof. Benedict Okey Oramah

3) Rt. Hon. Uche Okafor

4) Prof. Pat Utomi

5) Prof. Chidi Odinkalu

6) Mr. Steve Nworga

7) Chief Osita Chidoka

8) Hon (Dr) Ben Nwankwo

9) Hon Charles Odedo

10) Barr Tony Ifeanya

11) Mr. Ferdinand Agu

12) Prof. Osita Ogbu

13) Chief Chikwe Udensi

14) Dr. Greg Ibe

15) Dr. Alex Otti

16) Mr. Coleman Uba

17) Chief Collins Chikeluba

18) Engr (Sir) Chris Okoye

19) Prof. (Mrs) Uche Amazigo

20) Barrister Pat. Ikwueto, SAN

21) Dr. Olisa Agbakoba, SAN

22) Barrister Echezona Etiaba, SAN

23) Prof. Offornze Amucheazi, SAN

24) Engr. Emeka Ezeh

25) Chief Leon C. Mezue

26) Hon Chike Anyaonu

27) Hon Evarist Uba

28) Dr. P.C.J Adibe

29) Chief Akachukwu Nwankpo

30) Dr. Mefor Law

31) Dr. Alex Obiogbolu

32) Dr Godwin Owoh

33) Dr. Greg Ugochukwu Ezeilo

34) Mr. Epundu Emechebe

35) Mr. Christian Udechukwu

36) Chinyere Ossy Okoye, Esq

37) Chief Don Eze

38) Mr. Chijioke Uwaegbute — PWC

39) Mr. Franklin Edochie

40) Mr. Dozie Okpalaobieri

41) Ms Nkoli Anyaoku

42) Ms Uche Onwuamaegbu

43) Mr. Innocent Isichei

44) Mr. George Nwangwu

45) Mr. Ikechukwu Nweje

46) Dr. Innocent Okpanum

47) Arc Henry Arize

48) Dr. Will Fleury—

49) Barrister Udu – Former Head of Service

50) Dr. Emma Ezenwaji

51) Prof. Phil Phil-Eze

52) Mr. Joe Anatune

53) Mr. Ike Chioke

54) Prof. Ifedioramma Eugene-Mary Nwana

55) Mr. Emma Onyilofor

56) Ms Prisca-Anne Nwangwu

57) Ms Chinwe Jane Okoli

58) Mrs Amaka Obi

59) Fred Chukwuemeka Agbata

60) Mr. Chinedu Nwoye

61) Dr. Nelson Omenugha

62) Prof. Nkechi Ikediugwu

63) Prof. Ike Uzochukwu

64) Dr. Emeka Okeke

65) Dr. Polycarp Emenike

66) Dr. Godwin Nnadozie

67) Engr. Ifeanyi Okeoma

68) Amb Uche Ajulu-Okeke

69) Chief Pat Ubajaka

70) Prof. Okey Ikeanyibe

71) Comrade Charles Onyeagba

72) Prof. Au Nnonyelu

73) Dr. Forster E. Ihejiofor

74) Mr. Odera Ozoka

75) Mr. ThankGod Ibeh

76) Prof. Sylvia Chika Ifemeje

77) Mr. Kanayo Nwafor

78) Comrade Churchill Okonkwo

79) Sir Damian Okolo

80) Dr. Chinedu Onyeizugbe

Source : Social media

Nb: Efforts to reach C. Don Adinuba : Commissioner for information to confirm this news was unsuccessful

Miyetti Allah partners with security agents to fight gunmen in Imo

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bvichannel1

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January 16, 2022

Miyetti Allah Cattle Breeders Association of Nigeria, said its members have teamed up with security agents to tackle unidentified gunmen and suspected criminals in Imo State, southeastern Nigeria.

A chieftain of the group, Sarki Makao, who revealed this on Saturday, said the partnership with security agents was approved by state government authorities.

According to Makao, the effort against insecurity in Imo State has improved since the arrival of “Miyetti Allah vigilante” members on January 3, 2022.

“People always accuse Fulani herdsmen of perpetrating the crimes in Imo State and other parts of the country, so we want to prove them wrong, and that’s why we have partnered with security agents to fight crimes.

“We also have vigilante in places like Ebonyi, Zamfara and Kaduna. Our aim is to help government stop the insecurity in the country and bring peace between herdsmen and people in many communities,” said the Miyetti Allah chieftain.

Soludo Working To Correct The Mistakes Of The Past – Prof Greg

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bvichannel1

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January 15, 2022

Abia industrialist and Chancellor of Gregory University Uturu, Professor Greg Ibe, has commended the Anambra Governor-elect, Professor Chukwuma Soludo for pursuing what he called “agenda of pan-Igbo awareness beyond state boundary lines.”

The entrepreneur who stated this while reacting to his inclusion on Soludo’s transition committee, expressed delight that the former Central Bank Governor selected from the pool of Igbo unsung heroes to midwife his administration.

Prof Soludo had in a personal message, requested the contributions of Prof Ibe to enable a seamless transition to the next administration in Anambra state.

Ibe said that Soludo’s choice of transition committee members cutting across states from South East was a signal that he was prepared to tap from their wealth of knowledge and experience for the betterment of Anambra State.

Professor Ibe expressed hope that “if it could work in Anambra, it can work in any state in the South East”.

“I am impressed that the governor-elect assembled such a good team of technocrats. His agenda is futuristic.

“So, I am not surprised at this outing which I see as good and exemplary. I did not discuss with him about the list, but the Soludo I know looks at a larger picture”.

Emphasizing further on the composition of the list, Prof Ibe said, “What Soludo did is just beyond a group. He plans to make a lot of unsung heroes and champions of his generation in Igbo land part of his team.

” He looks at a bigger picture of picking from the large pool of Igbo experts and not isolating them as past leaders did.

“You can find out that his team is mainly made of non-politicians. He wants to experiment on the agenda of pan-Igbo awareness beyond state boundary lines.

The spirit is that if it works in Anambra, it can work everywhere else in the entire Igbo land”.

Prof Ibe therefore enjoined other leaders to emulate the Anambra Governor-elect by looking beyond state and party divides in selecting appointees that add value to governance.

Soludo’s 80-member Transition Committee headed by fomer Education Minister, Dr. Oby Ezekwesiri is dominated by technocrats.

Other members of the star-studded committee include: Prof. Pat Utomi, Dr. Olisa Agbakoba (SAN), Mr. Pat Ikwueto (SAN), former Chief Executive of the Bureau for Public Procurement, Engr. Emeka Ezeh.

Others are former Special Adviser to President Obasanjo on Economy, Prof. Osita Ogbu; former Chairman of National Human Rights Commission (NHRC), Prof. Chidi Odinkalu; Chief Executive Officer of Afreximbank, Prof. Ben Oramah; and former Aviation Minister, Chief Osita Chidoka.

Source : Vanguard