News
ActionAid Nigeria Demands Immediate Action on Fuel Price Increases, Calls for Economic Reform
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
Zulum announces N1 Billion support to UMTH for Kidney Transplant
By: Our Reporter
Borno State Governor, Professor Babagana Umara Zulum, has announced a N1 billion financial support package for the University of Maiduguri Teaching Hospital (UMTH) to facilitate kidney transplants for underprivileged patients from the state.
Demonstrating immediate commitment, Governor Zulum authorised an initial deposit of N250 million to cover transplants for 50 indigent patients.
The governor made the announcement during the 110th General Meeting of the Committee of Chief Medical Directors and Medical Directors of Federal Tertiary Institutions in Nigeria, alongside the commissioning of the epoch-making projects at UMTH.
He confirmed that the remaining N750 million would be disbursed in three instalments.
“I am pleased to announce that Borno State government will deposit the sum of N250 million to support kidney transplant of 50 patients. I am ready to contribute N1 billion as government’s contribution towards supporting the less privileged indigenes of the State ,” Zulum stated.
“The Borno State government therefore pledges to support this initiative and is ready to provide all the partnership required to sustain the provision of kidney transplant to less privileged patients at UMTH. This is only the beginning—I promise to do even more,” he added.
Governor Zulum commended UMTH for its strides in specialised healthcare, particularly its recent successful kidney transplants.
“I was told both the patients and donors are doing very well. Indeed this is a landmark achievement and a great relieve to patients most importantly to those who cannot afford the cost of transplant,” he remarked.
Speaking on the State Emergency Medical and Ambulance Services (SEMAS), the governor confirmed that ten new fully equipped ambulances would be deployed across health facilities by the week’s end. This, he stressed, would bolster the Maternal and Newborn Mortality Reduction Innovation Initiative.
“As a Government, we pledge our full support for the sustenance and scale-up of the Maternal and Newborns Mortality Reduction Innovation Initiative programme. We view it not as a standalone initiative, but as a critical complement to our broader health reform agenda,”.
“We are committed to ensuring that Maternal and Newborn Mortality Reduction Innovation Initiative succeeds in providing comprehensive antenatal care, emergency obstetric services, skilled birth attendance, postnatal follow-up and routine immunisation to protect our children from preventable diseases,” he stressed.
Minister of Health and Social Welfare, Professor Mohammed Ali Pate, lauded Governor Zulum for fostering collaboration between state and federal governments to deliver equitable, affordable healthcare.
“Governor Zulum exemplifies teamwork by working closely with the federal government to enhance healthcare quality and accessibility in Borno,” Pate said.
Chief Medical Director, University of Maiduguri Teaching Hospital, Professor Ahmed Ahidjo acknowledged the state’s N500 million intervention following the 2024 floods, had helped to restore critical services, including the renovation of Trauma and Kidney Centres, procurement of medical consumables and the reactivation of oxygen plant.
The event was attended by dignitaries including Minister of Health and Social Services Prof. Mohammed Ali Pate, National Assembly members, Ambassador Babagana Kingibe (GCON), the Shehu of Borno, Alhaji Dr. Abubakar Ibn Umar Garbai El-Kanemi, Head of Civil Service of the Federation, Dr. Esther Didi Walson-Jack, former deputy governor, Hon. Usman Mamman Ndurkwa and over 70 Chief Medical Directors and Medical Directors.
Zulum announces N1 Billion support to UMTH for Kidney Transplant
Troops neutralise three terrorists in ambush operations in Borno
By: Zagazola Makama
Troops of the Joint Task Force (North East) Operation Hadin Kai have neutralised three terrorists and intercepted logistics supplies during coordinated ambush operations in Konduga Local Government Area of Borno State.
Security sources told Zagazola Makama on Tuesday that the operations were conducted by under Operation Desert Sanity IV.
The sources said that the first ambush occurred late on July 28 at Kawuri general area, where troops lying in wait intercepted terrorists transporting logistics. On sighting the ambush team, a firefight ensued, resulting in the neutralisation of two terrorists, while others escaped with possible gunshot wounds.
Items recovered included packs of salt, Maggi seasoning, detergents, wrappers, brassieres, hijabs, shoes, a solar panel, torchlight batteries, and packs of SIM cards.
The troops returned safely to base early on July 29.
In a separate incident around midnight on the same day, troops on patrol observed suspicious movement ahead of their location in Konduga.
An alert was sent to an ambush team already in position, which swiftly engaged the terrorists at a different axis of the local government area. One terrorist was neutralised, while others fled.
The troops recovered items from both operations and returned to base without casualties.
Troops neutralise three terrorists in ambush operations in Borno
Troops neutralise two terrorists in Borno, recover weapons
By: Zagazola Makama
Troops of the Nigerian Army’s Operation Hadin Kai have neutralised two ISWAP terrorists during a fighting patrol in Aligambari village, near Gajiram in Borno State.
A reliable source told Zagazola Makama on Tuesday that the troops, acting on credible intelligence, launched a swift operation in the area at about 1:00 p.m. on Monday.
According to the source, the troops made contact with the terrorists and engaged them with superior firepower, killing two of them in the process.
He said that the soldiers also recovered one AK-47 rifle, one PKT machine gun and two magazines from the scene.
“The troops are currently dominating the area of responsibility with aggressive patrols to deny the terrorists any freedom of movement.
“All captured items are in the custody of the troops, and further instructions are being awaited from higher headquarters,” the source added.
Troops neutralise two terrorists in Borno, recover weapons
Zulum announces N1 Billion support to UMTH for Kidney Transplant
Troops neutralise three terrorists in ambush operations in Borno
Troops neutralise two terrorists in Borno, recover weapons
Roger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
THE PLIGHT OF FARIDA
POLICE CHARGE ROOMS, A MINTING PRESS
-
News1 year agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions3 years ago
THE PLIGHT OF FARIDA
-
Opinions4 years ago
POLICE CHARGE ROOMS, A MINTING PRESS
-
News1 year agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Columns1 year agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
ACADEMICS1 year agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Opinions1 year agoTinubu,Shettima: The epidemic of economic, insecurity in Nigeria
-
Politics2 months ago2027: Why Hon. Midala Balami Must Go, as Youths in Hawul and Asikira/Uba Federal Constituency Reject ₦500,000 as Sallah Gift
