Connect with us

breaking

Fuel Subsidy Removal: Don’t paralyse Nigeria’s economy – PFN warns Buhari government

Published

on

President of the Pentecostal Fellowship of Nigeria (PFN), Bishop Francis Wale Oke has cautioned the Nigerian Government against further aggravating the suffering of Nigerians through the proposed fuel subsidy removal.

He said the removal of fuel subsidy will lead to hikes in the prices of petroleum products.

In a release issued on Sunday by his Media Office, Oke warned that the implementation of such a policy could increase the hardship currently being experienced by the people of the country.

He lamented that prices of consumables and other items were increasingly getting out of reach of the people, noting that if the proposed subsidy removal is done, it would worsen the hardship of the people of the nation.

“Everybody will feel it, particularly the underprivileged. The negative effects will surely outweigh the positive. The cost of transportation for humans and goods across the country will skyrocket and other things connected which will have a spiral effect on the general living standard of the populace; the suffering will be multi-dimensional. Please, let all stakeholders be sensitive to this avoidable path and do the needful,” he said.

Oke said the situation has become worrisome due to the reduction in the purchasing power of Nigerians caused by the continuous fall in the value of the nation’s currency at the exchange market.

The PFN president, therefore, admonished the government to do all it could to revive the four ailing refineries in the country, with a view to ensuring they operate at an optimal level for a lasting benefit for the country and its people.

“By whatever means, let the Federal Government put its heart into ensuring that our refineries are back to life. In addition, in order to stem the rising cost of living, farmers and others connected to them should be encouraged. This is what can help our economy,” the cleric said.

While maintaining that the Christian body would always support policies that would enhance good governance, he urged the government to put in place tangible palliative measures that could ameliorate the hardship being experienced.

“Without begging the issue, there should be well-defined palliative measures in place that can cushion the effect of the hardship being experienced by Nigerians, especially the commoners. One is not talking about political palliatives that never last. We have seen enough of such,” he said.

Continuing, the bishop pointed out that “an increase in the price of petroleum from its present N165 to N340 per litre can trigger tension and crises in the country which in turn can paralyse our economy if not handled with utmost care”.

On the proposed N5,000 to be paid to about 40 million poor Nigerians by the President Muhammadu Buhari-led government to ameliorate the effects of the planned fuel subsidy removal, Oke asserted that “Again, the planned introduction of N5,000 for 40 million poor Nigerians is to create a cesspool of corruption. How do you define ‘the poor’? They, mostly, don’t use telephones. They, mostly, don’t have bank accounts. How will the money get to them?”

The renowned cleric advised the government to be wary of policies that could jeopardise the conduct of the 2023 general elections, insisting that all hands must be geared towards steering the wheel of the country to a better place.

As a panacea to the rising cost of food items, the PFN President advised that farmers and relevant stakeholders should be empowered with relevant tools and funds through loans with little interest.

Meanwhile, Oke who is also the presiding Bishop of The Sword of the Spirit Ministries implored the government not to relent in its efforts at ensuring that security challenges in the country become a thing of the past.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

breaking

Lagos Assembly kicks against harassment of residents by police

Published

on

Lagos State House of Assembly Speaker, Mudashiru Obasa, yesterday, cautioned police in the state against harassment, intimidation and extortion of residents.

Obasa said this on the floor of the House when lawmakers honoured outgoing Commissioner of Police, Mr. Hakeem Odumosu, who has been promoted to Assistant Inspector-General, and is due to retire in January 2022.

Obasa said Odumosu was honoured as the first Commissioner of Police in the state to stand before the lawmakers and address Lagosians on his experience policing the state.

The Speaker thanked Odumosu for his openness and responsiveness to issues affecting the peace of the state.

“It is important to call on those behind you to know that the relationship between the police and the people need to be constantly improved upon,” Obasa said, adding that men of the Nigeria Police Force need to build more trust among the people.

“Everybody must be treated with respect, dignity and honour. And that is how we can earn respect. Policing should not be about harassment and extortion but building trust among the people and making them comfortable,” Obasa said.

The Commissioner of Police, who led a team of officers to the House, thanked the lawmakers for their support. According to him, nothing could have been achieved in terms of security and peace in the state without assistance of the House.

He said he would remain grateful to Lagosians for making it possible for him and his team to effectively manage the security of the state.

Odumosu, who described Lagos as ‘mini-Nigeria’, said proactivity of the Assembly led to the creation of laws that helped the police remain successful in the state.

He said the Cultism Prohibition Law also helped to reduce illegal associations in tertiary institutions in the state and enlightened property owners and residents.

“We promise to continue to excel in providing watertight security for people of the state,” he told the lawmakers. He also promised he would encourage his successor to sustain the relationship between the police and the House, while urging the lawmakers to extend their support to his successor.

“Policing Lagos is not a tea party. Without the laws in Lagos, it would have been difficult to police the state. Don’t get tired, don’t relent in making laws that would make Lagos maintain its place as the most peaceful state in Nigeria,” he said.

Continue Reading

breaking

Omicron: Govts may shut down schools; 647m children yet to fully resume

Published

on

THE World Bank has said that the new wave of COVID-19 pandemic that has seen a variant of the virus, Omicron, ravaging the world, may lead to governments across the globe being tempted to shut down schools again.

The World Bank has said this in a report titled: “Reversing the pandemic’s education losses”, recently released.

In the said report, the bank also said no fewer than 647 million school children are yet to fully resume for either physical or online learning.

It added that school children in developing nations are the hardest hit regarding the negative effects the pandemic has had on education globally.

“When schools around the world moved online due to COVID-19, children in developing countries suffered the most.

“Even though digital learning does not produce the same outcomes as in-person education, technology used effectively can close educational gaps and prevent learning loss.

“As the third year of the COVID-19 pandemic approaches, classrooms remain fully or partially closed for as many as 647 million schoolchildren around the world.

“Even where schools have reopened, many students continue to lag behind. It is now abundantly and painfully clear that children have learned less during the pandemic.”

According to World Bank estimates, pandemic-related school closures could drive up “learning poverty” – the share of 10-year-olds who cannot read a basic text – to around 70% in low- and middle-income countries.

This learning loss could cost an entire generation of schoolchildren $17 trillion in lifetime earnings.

“As the Omicron variant takes hold, more governments may be tempted to close schools. Without the online infrastructure in place to support learning, doing so would extend the educational losses and deny children many other benefits of daily school attendance, like the possibility to connect with classmates and develop social skills for personal growth.

“Interactions with teachers and peers are essential to develop the abilities necessary to work collaboratively. Being part of a class promotes a sense of belonging and helps build self-esteem and empathy.

“Throughout the pandemic, marginalised children have struggled the most. When classrooms around the world reopened this fall, it became clear that these children had fallen even further behind their peers.

“Before the pandemic, gender parity in education was improving. But school closures placed an estimated 10 million more girls at risk of early marriage, which practically guarantees the end of their schooling.

“Unless this regression is reversed, learning poverty and the associated human capital loss will hold economies and societies back for decades. Children must be given a chance to recover the education they have lost.

“They need access to well-designed reading materials, digital learning opportunities, and transformed education systems that help prepare them for future challenges. Well qualified teachers and effective use of technology are fundamental to this process.

“Many countries have deployed massive stimulus packages in response to the health crisis. But, as of June 2021, less than three per cent of these funds was devoted to the education and training sector.

“And most of these resources were spent in advanced economies. For many low-income countries, elevated debt-service payments crowd out essential social spending – including for education.

“The resulting weakness in investments to support education and training threatens to deepen the disparities in learning outcomes that existed prior to the pandemic.

“And while narrowing the education gap will require using resources more efficiently, the bottom line is that more resources are needed.

“For the world’s poorest countries, in particular, an acceleration in debt relief under the G20’s Common Framework, would provide fiscal space to increase support for human capital.

Investment in education must include funding for educational technology, taking into account what has worked well in different contexts around the world,” the report said.

The Bank called for improved investment in infrastructure to move education to the digital level and commended countries such as Uruguay and India for making giant strides in that direction.

“By investing in learning recovery and using technology wisely, it is possible to use the pandemic experience as a catalyst to improve education for all children.

“The United Nations Children’s Fund (UNICEF) and the World Bank Group are working together to ensure that all education systems use technology effectively to close gaps and help reverse learning losses.

“Embedding the use of technology within an overall strategy for ending learning poverty can help improve foundational skills, increase instructional time, and make the most efficient use of resources.

“This is particularly critical in low-income countries, where technology can provide teachers with the support they need quickly.

“Digital access can serve as a great equalizer. Resources must be invested wisely, taking into account countries’ electricity infrastructure, internet connectivity, digitally enabled devices for the most disadvantaged students, and data-management and implementation capacity.

“Without a carefully considered process to increase the use of technology, good intentions and well-designed policies will fail to achieve the recovery and acceleration of learning that developing countries need.

Access to quality education was uneven before the pandemic, and now it is even more so.

“By investing in learning recovery and using technology wisely, it is possible to use the pandemic experience as a catalyst to improve education for all children,” the report added

Continue Reading

breaking

Police nabs notorious bandit, Maiyammata during kidnap attempt

Published

on

Police Tactical Operatives in Zamfara arrested a notorious bandit popularly known as Maiyammata on Wednesday.

The wanted criminal, who hails from Mayasa village, was apprehended within Zurmi Local Government Area during a patrol.

Commissioner of Police, Ayuba Elkanah, said he was arrested while trying to kidnap passengers at Koliya.

Maiyammata, formerly of the Bello Turji gang, is now believed to be working for another wanted kingpin, Kachalla Sani-Black.

Sani-Black operates along Zurmi, Shinkafi and Birnin Magaji Local Government Areas.

“One AK-47 rifle, double magazines with three rounds of live ammunition and one Boxer motorcycle was recovered from him”, the CP told newsmen.

Elkanah added that efforts are on to catch Maiyammata’s partners before charges will be filed in court.

Continue Reading

Trending