Mahmood Bappah MBA

PRESIDENT TINUBU BEGINS THREE-WEEK ANNUAL LEAVE President Bola Ahmed Tinubu will depart Abuja today for Europe to begin a three-week vacation as part of his annual leave. The President’s first stop will be London, United Kingdom. According to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, President Tinubu is expected to return to Nigeria after the working vacation to join preparations and campaign activities ahead of the January 2027 election.

NTANewsNow's tweet photo. PRESIDENT TINUBU BEGINS THREE-WEEK ANNUAL LEAVE

President Bola Ahmed Tinubu will depart Abuja today for Europe to begin a three-week vacation as part of his annual leave.

The President’s first stop will be London, United Kingdom.

According to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, President Tinubu is expected to return to Nigeria after the working vacation to join preparations and campaign activities ahead of the January 2027 election.

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Mahmood Bappah MBA @MahmoodBappah

5 days ago

Stupid!

NTANetwork

@NTANewsNow

5 days ago

ATIKU'S SUBSIDY CLAIM IS A RETURN TO FUEL QUEUES, REVERSAL OF MINIMUM WAGE AND CANCELLATIONN OF EDUCATION GRANT TO NIGERIAN STUDENTS- YILWATDA The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has called on Nigerians to carefully consider the economic consequences of calls by former president Atiku Abubakar to return the country to the old fuel subsidy regime, warning that such a move could reverse hard-won gains from the ongoing economic reforms. Specifically, his subsidy claim will return Nigerians to fuel queues, removal of the current minimum wage, cancellation of the education grants to Nigerian students among other negative consequences for the masses. Professor Yilwatda made the call in Abuja while receiving a delegation of critical economic stakeholders who visited him to discuss the state of the Nigerian economy, ongoing reforms and the prospects for sustainable economic growth. He said the debate over fuel subsidy should not be reduced to political rhetoric, but must be assessed against the experiences of the country under the previous regimes, particularly the enormous fiscal burden imposed on government and the consequences for states, workers, education and infrastructure development. According to him, the former Vice President, Atiku Abubakar’s proposal to restore fuel subsidy raises fundamental questions about how such a policy would be financed and sustained without returning Nigeria to the cycle of fiscal pressures that characterised the previous arrangement. “Subsidy may appear attractive because it promises cheaper petrol, but Nigerians must also ask the bigger question: who pays for the subsidy and what happens to the resources that government must divert to finance it? “A policy cannot be judged only by its immediate benefit at the pump. We must examine its impact on government revenues, salaries, pensions, education, healthcare, infrastructure and the overall capacity of government to meet its obligations to citizens.” Professor Yilwatda, in a statement by his Special Adviser on Media amd Information Strategy, noted that before the current administration, several state governments faced serious difficulties meeting their salary obligations, with some unable to pay workers regularly and others resorting to partial salary payments. He said the removal of the subsidy and the resulting increase in federal allocations to states had significantly improved the fiscal position of many sub-national governments, enabling them to meet salary and pension obligations while also undertaking development projects. He therefore cautioned that any attempt to reintroduce subsidy must be subjected to rigorous economic scrutiny to ensure that the country does not recreate the fiscal pressures of the past. The APC chairman also drew attention to the education sector, recalling the prolonged disruption of academic activities in Nigerian universities under the previous administration. He said Nigerians should be concerned about policies that could weaken the capacity of governments to finance education and other essential public services. “A return to a fiscally unsustainable subsidy regime could have consequences far beyond the price of petrol. When government revenue is squeezed, the first victims are often the critical sectors that directly affect the welfare and future of our people,” he said. On the new minimum wage, Professor Yilwatda said the sustainability of improved workers’ wages must also be considered in the subsidy debate. He explained that wage increases require a corresponding improvement in the capacity of both federal and state governments to meet their recurrent obligations. According to him, the challenge is not merely to announce higher wages but to create an economic environment in which governments can consistently pay them without sacrificing investment in infrastructure, education, healthcare and other essential services. .

NTANewsNow's tweet photo. ATIKU'S SUBSIDY CLAIM IS A RETURN TO FUEL QUEUES, REVERSAL OF MINIMUM WAGE AND CANCELLATIONN OF EDUCATION GRANT TO NIGERIAN STUDENTS- YILWATDA

The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has called on Nigerians to carefully consider the economic consequences of calls by former president Atiku Abubakar to return the country to the old fuel subsidy regime, warning that such a move could reverse hard-won gains from the ongoing economic reforms.

Specifically, his subsidy claim will return Nigerians to fuel queues, removal of the current minimum wage, cancellation of the education grants to Nigerian students among other negative consequences for the masses.

Professor Yilwatda made the call in Abuja while receiving a delegation of critical economic stakeholders who visited him to discuss the state of the Nigerian economy, ongoing reforms and the prospects for sustainable economic growth.

He said the debate over fuel subsidy should not be reduced to political rhetoric, but must be assessed against the experiences of the country under the previous regimes, particularly the enormous fiscal burden imposed on government and the consequences for states, workers, education and infrastructure development.

According to him, the former Vice President, Atiku Abubakar’s proposal to restore fuel subsidy raises fundamental questions about how such a policy would be financed and sustained without returning Nigeria to the cycle of fiscal pressures that characterised the previous arrangement.

“Subsidy may appear attractive because it promises cheaper petrol, but Nigerians must also ask the bigger question: who pays for the subsidy and what happens to the resources that government must divert to finance it?

“A policy cannot be judged only by its immediate benefit at the pump. We must examine its impact on government revenues, salaries, pensions, education, healthcare, infrastructure and the overall capacity of government to meet its obligations to citizens.”

Professor Yilwatda, in a statement by his Special Adviser on Media amd Information Strategy, noted that before the current administration, several state governments faced serious difficulties meeting their salary obligations, with some unable to pay workers regularly and others resorting to partial salary payments.

He said the removal of the subsidy and the resulting increase in federal allocations to states had significantly improved the fiscal position of many sub-national governments, enabling them to meet salary and pension obligations while also undertaking development projects.

He therefore cautioned that any attempt to reintroduce subsidy must be subjected to rigorous economic scrutiny to ensure that the country does not recreate the fiscal pressures of the past.

The APC chairman also drew attention to the education sector, recalling the prolonged disruption of academic activities in Nigerian universities under the previous administration.

He said Nigerians should be concerned about policies that could weaken the capacity of governments to finance education and other essential public services.

“A return to a fiscally unsustainable subsidy regime could have consequences far beyond the price of petrol. When government revenue is squeezed, the first victims are often the critical sectors that directly affect the welfare and future of our people,” he said.

On the new minimum wage, Professor Yilwatda said the sustainability of improved workers’ wages must also be considered in the subsidy debate.

He explained that wage increases require a corresponding improvement in the capacity of both federal and state governments to meet their recurrent obligations.

According to him, the challenge is not merely to announce higher wages but to create an economic environment in which governments can consistently pay them without sacrificing investment in infrastructure, education, healthcare and other essential services.

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Mahmood Bappah MBA @MahmoodBappah

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Mahmood Bappah MBA @MahmoodBappah

8 days ago

God bless Atiku Abubakar for us

Bola Ahmed Tinubu

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8 days ago

“CHEAPER FUEL MUST MEAN CHEAPER TRANSPORT FARES”: PRESIDENT TINUBU, GOVERNORS MOVE TO CUT TRANSPORT FARES NATIONWIDE I am pleased with my discussion with the Governors’ Forum this afternoon. The Governors have, on their own initiative, resolved to take immediate measures to bring down the cost of transportation in their states, with a strong focus on leveraging the cost benefits of CNG and electric vehicles. The Federal Government is already investing significantly in this energy transition. Through the Presidential CNG Initiative, over 120,000 vehicles have been converted nationwide, with more than 100,000 additional conversion kits in the works. At the same time, we continue to expand conversion centres and refuelling infrastructure nationwide. The Federal Government, through the Midstream and Downstream Gas Infrastructure Fund, is currently financing more than 100 gas projects across the country, including 15 CNG mother stations and 86 daughter stations. In May, I commissioned four of these projects in Lagos, Abuja and Owerri, including a 15-station refuelling network in Lagos and an Abuja facility that can serve 1,000 cars and tricycles and 50 trucks and buses a day. I have also directed the additional rollout of another 500 CNG refuelling stations nationwide in addition to the 500 stations ordered earlier in the year by the Fund, bringing the programme to 1,000 stations across the country. Intra-state transport is where Nigerians feel the cost most directly, and it is where the states hold the levers. I am encouraged that our Governors are moving to bring these benefits closer to the people they serve. We have agreed to set up a joint Federal and State committee to begin implementing these measures immediately. A vehicle running on CNG spends 60 to 80 per cent less on fuel than one running on petrol. From October 1, our goal is that Nigerians begin to partake in those savings through lower transport fares. We have agreed that cheaper fuel should result in cheaper fares! Each tier of government must keep doing its part and work together for the benefit of every Nigerian. Nigeria First. Bola Ahmed Tinubu President of the Federal Republic of Nigeria The Aso Villa Abuja 27 August, 2026 @NigeriaGov @NGRPresident