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ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform

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ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform

By: Michael Mike

ActionAid Nigeria has condemned the latest hike in pump price of petroleum products, demanding immediate action from the government on economic reform

The Non Governmental Organisation said increasing the minimum wage from N30,000 to N70,000 was never enough to bring economic succour

ActionAid, in a statement on Wednesday signed by its Country Director, Andrew Mamedu asked that: “The Federal Government must prioritise the welfare of Nigerian Citizens over revenue generation and provide a comprehensive plan to protect vulnerable citizens and support small businesses within 48 hours. This plan must include measures to mitigate the impact of high fuel prices on the poor and vulnerable.”

Mamedu lamented that: “Since President Bola Ahmed Tinubu assumed office in May 2023, the removal of fuel subsidies has led to a harsh economic reality for many Nigerians. Despite efforts to recover, the Federal Government’s decision to allow fuel prices to surge again has worsened the situation, leading to a ripple effect on the economy.

“In May 2023, just before President Tinubu’s inauguration, petrol prices were already high at N185 per litre, causing widespread discontent among Nigerians due to the accompanying high cost of goods. However, on his first day in office, fuel prices skyrocketed to N500 per litre, leading to a sharp surge in the prices of essential commodities.

“Since then, fuel prices have continued to rise steadily. By August 2023, it reached N626.70 and continued to fluctuate, surmounting N668.3 in January 2024 and N770.54 in July 2024. As of September 2024, it has increased again to a staggering N897 per litre, which greatly worsens the situation for many Nigerians.”

He noted that: “Clearly, Nigeria’s fuel pricing is heavily influenced by the dollar-to-naira exchange rate due to the country’s reliance on imported fuel, which is denominated in US dollars (USD). Consequently, a depreciation of the naira against the dollar leads to higher fuel import costs, resulting in increased prices at the pump as well.

“This direct correlation between exchange rates and fuel prices makes Nigeria’s fuel pricing vulnerable to exchange rate fluctuations. Any changes in the dollar-to-naira rate will have a ripple effect on fuel import costs, ultimately impacting the prices consumers pay at the pump, and highlighting the need for a more stable exchange rate to mitigate the volatility in fuel pricing.”

He added that: “It is one thing to fix an impending problem of inflation in the economy, and it is another thing to provide temporary solutions to keep the mouths of Nigerians shut. Although the minimum wage has increased from N30,000 to N70,000, it fails to address the root causes of inflation and does little to alleviate the suffering of Nigerians, who continue to bear the brunt of skyrocketing commodity prices, particularly fuel costs. We need a comprehensive and sustainable solution, not just a quick fix to silence the masses.”

On the latest increase, Mamedu said: “ActionAid Nigeria strongly condemns this development, which will push millions of Nigerians deeper into poverty. We demand transparency in fuel pricing, including a clear breakdown of costs and revenues associated with fuel imports, refining, and distribution. The Federal Government must provide a detailed explanation of the fuel pricing mechanism to ensure accountability and trust.

“To address the root causes of this crisis, we also demand the establishment of an independent committee to monitor fuel pricing and ensure transparency. This committee must include representatives from civil society, the private sector, and government agencies. Additionally, the Federal Government must invest in Nigerian refineries and provide targeted support to vulnerable citizens and small businesses affected by fuel price increases.”

He said: “Concurrently, the Federal Government must implement a comprehensive economic reform plan as soon as possible, including measures to diversify the economy, increase foreign exchange earnings, and stabilize the naira. This plan should include specific targets and timelines for reducing inflation, improving foreign investment, and promoting local production. We demand transparency and regular progress updates to ensure accountability and build trust with the citizens.”

Mamedu warned that: “ActionAid Nigeria will hold the government accountable for their actions and demand a better future for all Nigerians. We will take all necessary actions to ensure that the government is held accountable to Nigerian citizens.”

ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform

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Borno Flood: Kashim Imam Begins Distribution of Cooked Meals to Victims

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Borno Flood: Kashim Imam Begins Distribution of Cooked Meals to Victims

By: Michael Mike

Former President Olusegun Obasanjo’s Parliamentary Liaison Officer, Alhaji Kashim Imam has volunteered to provide meals to large number of people displaced by recent flood the submerge more than half of Maiduguri, the Borno State Capital and its environs.

Imam, who is also a former Chairman of the Board of Trustees (BOT) of the Tertiary Education Trust Fund (TETFund), under President Muhammadu Buhari’s administration on Wednesday said the gesture became imperative in order to present many residents of the state who had been thrown into discomfort as result of the devastating flood, which has resulted in unprecedented devastation, with over 30 lives lost, 23,000 residential houses destroyed, and 414,000 people displaced, critical infrastructure, including bridges, roads, electricity systems, healthcare facilities, and schools, severely damaged, including approximately one million people losing their source of livelihood.

Imam. who is known for his philanthropic acts have had to relocate to Maiduguri to supervise the distribution to internally displaced persons camps accommodating the victims of the disaster in Maiduguri and its environs.

According to Imam who spoke during a brief press conference, “We are saddened by the shared numbers of lives lost, by our account, it’s running into hundreds and sadly their bodies are being discovered daily as water recedes. The carnage, the loss of lives, the loss of properties and unimaginable displacements.

“The immediate emphasis is on food, I have seen people crying they haven’t eaten in two days and this is an immediate concern of everybody, as water recedes and we count our losses then these other challenges will also come to the fore.

“In line with the appeal of Governor Zulum, we elected to focus on alleviating the suffering of those affected by providing food and water with immediate effect so I am happy to inform you that I am providing a total of 200,000 food packs we have already commenced with an average of 6,000 a day and we wish to scale to 10,000 packs every day,” Imam said.

Imam, who was at different times the gubernatorial candidate of the People’s Democratic Party (PDP) in the state before joining the All Progressives Congress (APC) said the food distribution is only the first step in his intervention pointing out that “ there are short, medium and long time plans of assisting the flood victims “.

He lamented that: “Almost every indigene of Borno is sad and saddened by the devastation that has befallen my home town Maiduguri . We are saddened by the sheer number of lives lost, which by all accounts running into hundreds. Nobody can give you exact accurate figures. Still and sadly there are bodies that are being discovered daily as the water recedes. Sadly nobody has the most accurate figures. It is very factual that it runs into hundreds of lives lost.

“Thousands of people are homeless. All there homes have been destroyed by the floods; nobody was prepared for this; our poele were caught unawares in the middle of the night. The floods came in the middle of the night and all accounts points at between midnight and half past midnight. Most people were already home in bed and most were asleep. All were caught unawares. Nobody saw this coming and nobody was prepared for this. The carnage, the lost of life, the loss of properties is enormous. Those that were rescued managed to escape with the cloths that they were wearing. And if you go round the metropolis, out of the 15 wards in Maiduguri, only four were not affected. Eleven were badly affected. In some of these wards, more than a week after people are still trapped they cannot come out.

Fatima Imam, one of the daughters of Imam who was part of the group that oversee the food packaging, revealed that members of her family have continued to work round the clock to ensure cooked food reaches all the victims.

She said: “We try to feed as many people as possible every day- sometimes we cook rice, stew and beef while other times Jollof rice. We cook at least 20 bags of rice every day – we sleep by 4 am and wake up by 6 am just to make sure we get food across to the flood victims.”

Borno Flood: Kashim Imam Begins Distribution of Cooked Meals to Victims

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NA BURIES LATE BRIG GEN BB TETE IN HIS HOME TOWN WITH FULL MILITARY HONOURS

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NA BURIES LATE BRIG GEN BB TETE IN HIS HOME TOWN WITH FULL MILITARY HONOURS

By Our Reporter

In line with the rich military customs, ethics and tradition, the Nigerian Army (NA) buried one of its finest senior officer late Brig Gen BB Tete who died recently after a protected illness in a solemn ceremony held on 18 September 2024 in his home town of Bakin Kogi-Kanikon in Jemma’a Local Government Area of Kaduna State. The funeral afforded senior military officers both serving and retired the opportunity to pay their last respect to one of their distinguished and finest colleagues.
The funeral brings together military elites and dignitaries from across the country.

In the late senior officer’s funeral oration read by the representative of the Chief of Army Staff, Brigadier General MT Jinadu who stood in for the General Officer Commanding 1 Division Nigerian Army Major General Mayirenso Lander David Saraso. The COAS described the late senior officer as a highly resourceful, disciplined, regimented and hardworking gentleman whose integrity was beyond reproach. “He was a man of impeccable character and unwavering dedication,” he remarked. He also highlighted the late senior officer’s ability to leave a mark of excellence in every assignment he undertook. He further emphasized that late Gen Tete’s patriotism and moral standards were exemplary, earning him the respect and admiration of both his peers, superiors and subordinates alikes.

The COAS further mentioned that late senior officer’s demise will be deeply felt not only by his immediate family but the entire Nigerian Army and the nation at large adding that his legacy of forthrightness and vast experience in the military will be greatly missed. He prayed to the Almighty God to grant him eternal rest and give the family the fortitude to bear the irreparable loss.

The funeral ceremony witnessed an impressive turnout of very senior military officers serving and retired including the former Chief of Defence Staff Gen ML Agwai and coursemate of the deceased senior officer as well as serving and retired senior officers of the Nigerian military. Together, they all gathered to honour and paid their last respect to a man whose life was defined by service, commitment and an unwavering sense of duty to humanity and his country.

NA BURIES LATE BRIG GEN BB TETE IN HIS HOME TOWN WITH FULL MILITARY HONOURS

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Former Deputy Governor Sympathizes with Yobe Govt

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Former Deputy Governor Sympathizes with Yobe Govt

By: Mamman Mohammed

The Executive Governor of Yobe state Hon. Mai Mala Buni CON today received in audience former Deputy Governor of the state Engr. Abubakar D. Aliyu CON, who paid a sympathy visit on the Governor at Government House Damaturu.

Engr. Aliyu , who is also a former Minister of Power described the Mafa attack as senseless and grossly insane, and prayed to Allah to grant the victims eternal rest in Aljannatu Firdaus.

He also condoled with the families of the deceased and prayed quick recovery for those who sustained injuries in the attack.

Governor Buni commended the former Deputy Governor for finding time to visit him to commiserate with the government and people of the state.

“It is a collective loss for all of us. I sincerely appreciate your concern and sympathy to the government and families of the victims of the attack” Buni said.

He assured the commitment of government to providing security to the people of the state, especially those in the border communities who are vulnerable to cross border crimes.

Former Deputy Governor Sympathizes with Yobe Govt

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