Headlines
Nigerians Berate Tinubu’s Subsidy Removal, Says Dangote Won’t Subsidise Petrol For Nigeria
The co-founder of BudgIT, a Nigerian civic platform, Seun Onigbinde, said that the government could not remove subsidies without offering to reduce the waste in government. According to him, government officials cannot live large while the citizens bear the higher cost of living.
Onigbinde said:
“You can’t remove subsidy without offering to reduce the waste in government. You can’t live large while the citizens bear the higher cost of living. You are the leader. You show examples and earn trust. Subsidy Removal must happen, but it requires tact. You have to figure out how to handle food inflation, provide alternative means of transport, and ramp up social investment under a well-structured social investment program. Anything else is a pathway to social disorder.”
However, Nigerians have said petrol stations have adjusted their pump price to reflect the new reality, stating that petrol is now sold for between N500 and N600 in most petrol stations. IPMAN opposes plan The Independent Petroleum Marketers Association of Nigeria has opposed Tinubu’s plan to enforce his predecessor’s plan to remove fuel subsidies by the end of June.
IPMAM, which reacted to the President’s announcement, said that IPMAN said it was not opposed to the new President’s subsidy removal plan, saying that the body supports the removal but should have discussed the plan with it before embarking on the removal.
Reports states that IPMAN’s Public Relations Officer, Ukadike Chinedu, said the new government should dialogue with marketers before ending petrol subsidies. Chinedu said that IPMAN is not in support of the removal at this time because the refineries have not been fixed, and that is the condition given to the previous administration before removing the subsidy. He stated that the marketers are ready to work with the new government to proffer solutions to the subsidy regime.
Dangote refinery is not the answer, Ben Murray-Bruce.
Former Bayelsa Senator, has said that the Dangote refinery is not the answer to reducing the petrol price. Murray-Bruce, who was answering questions on the refinery commissioning, stated that the Nigerian government needs to apologize to Nigerians for failing to do what Dangote did in a few years.
He said that the Dangote refinery would maximize profit as a private business and that Nigerians should not expect to buy fuel at a low price when subsidies are removed or when Dangote Refinery bacomes fully operational
Murray-Bruce said:
“Prices are going to go up. If Dangote starts, he is not going to make prices drop. He is not going to subsidize you. The government can subsidize you. If he doesn’t charge market value, he will be bankrupt.”
NNPC reacts to fuel queues
The Nigerian National Petroleum Company Limited (NNPC) has said that the potential changes to petrol prices are not enough reason for Nigerians to begin panic buying. NNPC Chief Executive Officer Mele Kyari said on Monday, May 29, 2023, that the NNPC is ready to ensure adequate petrol supply.
He said the company is observing all its distribution networks to ensure compliance. He said the NNPC has a sufficient supply of the product, especially petrol, and there is no reason to panic. Subsidy removal, exchange rate, one other economic decision Tinubu wants to make immediately
Fedpolygist reports that Bola Ahmed Tinubu is officially Nigeria’s president and has begun making a series of economic policy pronouncements. In his inaugural address, Tinubu promised many economic reforms he would execute from inception. Tinubu broached the contentious issue of petrol subsidy removal abandoned by his predecessor, Muhammadu Buhari.
Education
1ST NIGERIAN TERTIARY INSTITUTIONS CONFERENCE ON UN SUSTAINABLE DEVELOPMENT GOALS (SDGS) ESSAY COMPETITION
Competition Overview:
The SDG Youth Essay Competition offers a grand prize of N1 million for the top three winners, along with free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.
Competition Requirements:
1. Eligibility:
– Open exclusively to undergraduates in Nigerian tertiary institutions.
2. Entry Guidelines:
– Topic:The Role of Students in Attainment of SDG4
– length: Essays should be 1500 words.
– Entry Period: Thursday, February 1, 2024 – Thursday, February 29, 2024
– Referencing: APA Style (6th Edition).
– Font: Times New Roman, 12-point font size.
– Documentation: Typed in 1.5 line spacing, MS Word format only.
– Plagiarism: Only original content is accepted; plagiarized entries will be disqualified.
Benefits:
– Prizes:
– 1st Prize: N500,000
– 2nd Prize: N300,000
– 3rd Prize: N200,000
– Winners will also receive free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.
Required Documents:
– Student’s Institution ID Card
– Copy of Student’s Admission Letter
– One recent passport-size photograph
– WhatsApp telephone number and email address
Application Procedure:
– All entries and submissions (essay and required documents) should be scanned and sent to nigeriaessay@sdgyouth.org before the deadline.
For Further Inquiries:
– Call: 08068931151, 08133846739, 07067772964
– Email: nigeriaessay@sdgyouth.org
Deadline: February 29th, 2024
Don’t miss this opportunity to contribute to achieving SDG4 and win exciting prizes. Submit your entry and required documents before the deadline. For any inquiries, feel free to contact them via phone or email.
Competition Overview:
The National Essay Competition invites undergraduate law students to showcase their expertise and contribute to the discourse on AI, privacy, and data protection. In addition to cash prizes, participants have the chance to intern with Pentagon Partners, gaining valuable hands-on experience.
Competition Requirements:
1. Eligibility:
– The competition is open to 400-level and 500-level undergraduate law students in Nigerian universities.
2. Essay Requirements:
– Length: Essays should not exceed 1500 words.
– Format: Double spaced, 12pt Times New Roman font.
– References: OSCOLA format for citations with 10pt font size for footnotes and endnotes.
– Submission Format: Essays must be submitted in PDF format.
– Entrant Details: Include full names, school, level, phone number, and email address in both the body of the email and on the last page of the essay.
– Single Entry: Each entrant is allowed only one submission.
– Originality: Plagiarism will result in automatic disqualification.
Competition Benefits and Timeline:
1. Prizes:
– Winner: N200,000
– 1st Runner Up: N150,000
– 2nd Runner Up: N100,000
2. Internship Opportunity:
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Application Procedure:
– Interested participants should submit their essays to essay@pentagonpartnerslp.com during the submission period.
– The subject of the email should be the Essay topic
For additional information and updates, visit www.pentagonpartnerslp.com.
Deadline: March 22nd, 2024
Don’t miss this chance to showcase your legal expertise, contribute to important discussions on AI and law, and vie for enticing cash prizes. Pentagon Partners looks forward to receiving your submissions.
Purpose:
Inaugurated in 2020, the CDEC is part of SystemSpecs’ Corporate Social Responsibility (CSR) commitment to promoting capacity development in the Nigerian ICT industry. By encouraging young Nigerians to tackle everyday issues, the competition contributes to intellectual growth and societal progress.
Topic:
The theme for the 2024 competition is “Protecting the Nigerian Child from the Dangers of Online Technology.” Participants are tasked with exploring strategies to safeguard children in an increasingly digital world.
Eligibility:
– Open to primary and secondary school students in Nigeria aged 9 to 16.
– Junior category (ages 9 to 12) essays must not exceed 1,000 words.
– Senior category (ages 13 to 16) essays must not exceed 1,500 words.
Prizes:
– Winners will receive generous rewards, including a high-capacity laptop, premium headphones, a portable laptop stand, a smart wristwatch, and one year of internet data, among other items.
– Consolation prizes will be awarded to other participants.
Application Process:
– Interested candidates should access the application page
– Essays must be written in English and reflect original thought.
– Each participant is limited to one entry.
– Entries must be endorsed by an accredited school official, parent, or legal guardian.
– Deadline for submissions is April 12, 2024.
Submission Guidelines:
– All submissions must be in PDF format and include the student’s name, home and school addresses, email address, and contact phone number.
– Double entries will result in automatic disqualification.
– Submissions must be received by March 15, 2024, at 5:00 p.m.
Notification of Winners:
– Successful students and schools will be contacted in the second quarter of the year.
– Updates on winners will be announced on @nercng social media platforms.
The SystemSpecs Children’s Day Essay Competition offers a unique opportunity for Nigerian students to demonstrate their creativity and problem-solving skills. By addressing the theme of online child protection, participants contribute to building a safer and more secure digital environment for all. We encourage eligible students to seize this opportunity and showcase their talent and ingenuity.
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