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Subsidy Removal, Tinubu’s Sole Decision – IMF

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The International Monetary Fund (IMF) has clarified that it did not recommend the removal of Nigeria’s fuel subsidy; rather, this was a decision made by President Bola Tinubu.

The IMF’s African Region Director, Abebe Selassie, made this statement during the 2024 IMF and World Bank Annual Meetings in Washington, D.C.

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Since President Tinubu announced the end of the fuel subsidy in his inaugural speech in May last year, petrol prices have surged from N185 to N1,200 per litre, contributing to inflation reaching 32.7%.

The government has also taken steps to float the naira and eliminate electricity subsidies.

Selassie emphasized that the decision to remove the subsidy was strictly a domestic one and highlighted the IMF’s limited role, which primarily involves dialogue with various nations.

He acknowledged the social challenges posed by these reforms and urged the Nigerian government to enhance social protections for vulnerable populations.

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Recent IMF data indicates that Nigeria’s external debt is projected to rise to 25% of Gross Domestic Product (GDP) by 2025, up from 22.7% in October 2024.

The IMF report underscores ongoing economic instability in several Sub-Saharan African countries, including Nigeria, due to high inflation, fiscal deficits, and rising debt.

Selassie expressed concern about the slow pace of implementing social measures to mitigate the impact of subsidy removals and foreign exchange unification, which have left many Nigerians facing increasing living costs.

He called for a more proactive approach to social protection to aid those most affected.

While the IMF has historically advocated for subsidy eliminations and exchange rate unification, Selassie noted that these reforms have brought significant adjustment costs.

He stressed the need to redirect savings from these reforms to support low-income households, emphasizing that immediate changes have created hardship for many Nigerians.

Addressing perceptions that current economic difficulties are solely a result of IMF-recommended reforms, Selassie pointed out that Nigeria’s challenges are rooted in deeper economic issues, including previously unsustainable subsidies and an artificially low exchange rate.

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He noted that such policies had drained resources from vital sectors like health and education, exacerbating the situation.

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Rivers Crisis: Group Backs Wike, Warns Fubara, Ugochinyere

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The PDP National Progressive Youth Initiative, a leading youth faction within the People’s Democratic Party (PDP), has issued a stern warning to Rivers State Governor Siminalayi Fubara and his allies in the National Assembly, specifically addressing what it deems continued attacks on the Minister of the Federal Capital Territory, Nyesom Wike.

In a statement on Friday, the youth group condemned Rep. Ikenga Imo Ugochinyere, representing Ideato North South Federal Constituency of Imo State, for his public criticisms of Wike, noting that Ugochinyere frequently aligns himself with Governor Fubara’s stance in Rivers State.

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The group’s statement follows Ugochinyere’s recent media claims that pro-Wike factions are using court actions to limit Governor Fubara’s access to Rivers State funds.

Ugochinyere asserted, “The APC and the pro-Wike faction are currently filing a lawsuit at the Federal High Court to block allocations meant for Rivers State. This is the second time the Wike group has attempted to create a constitutional crisis. They already have a pending case to seize all state and local government funds, and now they’re using the Wike-APC faction to file yet another suit to halt the Federal Accounts Allocation Committee.”

In response, the PDP Youth Initiative, led by President Comrade Billy Matthew Nwachukwu and Secretary-General David Terna Gondo, rebuked both Fubara and Ugochinyere, accusing them of deflecting from issues of transparency and accountability.

“They appear reluctant to embrace accountability,” the statement said. “The PDP will no longer tolerate any attacks on the FCT Minister, Nyesom Wike, who is tirelessly advancing Nigeria’s development through his infrastructure agenda in the Federal Capital Territory.”

The group also raised questions about Fubara and Ugochinyere’s motives, suggesting that their criticisms may stem from a desire to avoid scrutiny over their own responsibilities, particularly in holding local government elections.

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“They have engaged in unprincipled tactics,” the group added. “Sadly, some individuals have entered the National Assembly through dubious means, claiming to have paid substantial amounts for committee roles despite lacking a legitimate income source.”

The PDP youth wing urged the constituents of Ideato Federal Constituency to demand more from their representative.

“If he cannot fulfill his legislative duties, he should acknowledge his limitations and allow someone more capable to represent them,” the statement continued.

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The group warned it would mobilize a protest at the National Assembly if Speaker Tajudeen Abbas does not address Ugochinyere’s conduct, calling Wike an invaluable asset to the country and President Tinubu’s administration.

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Trump Warns Against Election Rigging, Vows Tough Penalties For Wrongdoers

Republican presidential nominee Donald Trump has issued a warning against potential election rigging ahead of the upcoming 2024 U.S. presidential election.

In a post on X on Friday, the former president accused Democrats of “cheating” in the 2020 election and stated that individuals involved in any wrongdoing in the upcoming election would face severe prosecution.

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Trump wrote, “CEASE & DESIST: I, together with many Attorneys and Legal Scholars, am watching the Sanctity of the 2024 Presidential Election very closely because I know, better than most, the rampant Cheating and Skullduggery that has taken place by the Democrats in the 2020 Presidential Election. It was a Disgrace to our Nation!”

The former president continued, promising that the 2024 election would be “under the closest professional scrutiny” and warned that, should he win, those who engaged in dishonest practices would face strict legal consequences, including long prison sentences.

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He emphasized that this scrutiny would extend to “lawyers, political operatives, donors, illegal voters, and corrupt election officials.”

Trump concluded his statement with a call to protect the integrity of the nation’s election process, vowing, “We cannot let our Country further devolve into a Third World Nation, AND WE WON’T!”

He warned that those found engaging in “unscrupulous behavior” would be pursued and prosecuted with unprecedented severity.

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Sack More Ministers, Convene Economic Summit – Senator Ndume Urges Tinubu

Senator Mohammed Ali Ndume, representing Borno South Senatorial Zone, has urged President Bola Ahmed Tinubu to dismiss additional underperforming ministers to expedite the realization of his “Renewed Hope” agenda for Nigeria.

In a statement issued on Saturday in Abuja, Ndume welcomed the recent reshuffling of the federal cabinet and the establishment of a new ministry for regional development, which will oversee various regional commissions across the country.

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He noted that while these changes are positive, there are still some ministers who are “missing in action.”

This call comes in the wake of President Tinubu’s cabinet reshuffle on Wednesday, during which six ministers were dismissed and seven new ones appointed. The president also reallocated the portfolios of ten existing ministers.

Additionally, Ndume, who previously served as Chief Whip of the Senate, recommended that President Tinubu convene a national economic summit to develop local solutions to the nation’s economic challenges.

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He proposed that the summit be led by prominent figures such as former Finance Minister Ngozi Okonjo-Iweala, former Education Minister Oby Ezekwesili, and others including Mansur Muktar, Akinwumi Adesina, Aruma Oteh, and Tope Fasua.

“This national economic summit should be spearheaded by these distinguished Nigerians, who can generate recommendations that are more suitable for the populace than the often harsh prescriptions from the IMF and World Bank,” Ndume stated.

He expressed confidence that if the recommendations are sound, President Tinubu would implement them, benefiting the country significantly.

The senator praised Tinubu’s initiative to reduce governance costs amid ongoing economic difficulties and encouraged other branches of government to adopt similar measures.

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Gov Mbah Mourns Enugu Popular Musician, Igbo-Jah, Orders Full Scale Investigation

Governor Peter Mbah of Enugu State, has mourned the untimely death of Ogene musician, Chikezie Mba, popularly known as Igbo-Jah, ordering a thorough investigation into the sad development.

The youthful musician was reportedly shot by a police officer on his departure from the Anti-Cultism Tactical Squad after what the police described as a “friendly visit”.

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Reacting to the development on Saturday, Mbah took to his social media handles to condole with the deceased’s family, stressing that he had ordered a full investigation into the matter.

“I received with a deep sense of grief the untimely death of Okezie Mba, popularly known as Igbo Jah, under a very sad circumstance. It is a huge loss for us as Ndigbo in general and Ndi Enugu in particular.

“He was one of the Enugu and Igbo talents, who continued to popularise the Igbo culture through their ogene music.

“I have been briefed by the police and I have equally ordered a thorough investigation into the matter to ensure justice for him, his family, and fans around the world.

“On behalf of Ndi Enugu, I also send my heartfelt condolences to his family and fans. May God grant his soul eternal repose,” the governor wrote.

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Again, Court Restrains PDP From Holding Congresses In Abia, Initiates Contempt Proceedings Against Party Officials

An Abia State High Court sitting in Bende Judicial Division has reiterated its earlier order prohibiting the Peoples Democratic Party (PDP) from conducting State, Local Government, and Ward congresses in Abia State.

The court’s ruling, dated October 25, is in connection with the suit marked HB/3/2024, filed by claimants Francis Etuzu, Chidindu Kalu Kalu, and Enyinnaya Ogbu.

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This decision comes just hours before the party’s rescheduled State Congress set for Saturday, October 26.

Justice C. U. Okoroafor, who presided over the case, also ordered that contempt proceedings be initiated against several party officials, including PDP National Secretary Senator Samuel Anyanwu, Abia PDP Caretaker Committee Chairman Alwell Asiforo Okere, and Caretaker Committee Secretary Kenneth Madubuike.

The court order stated: “That Leave be and is hereby granted the Claimants/Applicants to serve Forms 48, 49 and all other processes in respect of contempt proceedings in this suit on the Defendants i.e. Senator Samuel Anyanwu (National Secretary P.D.P) Alwell Asiforo Okere (PhD) (Chairman Caretaker Committee Abia State P.D.P) and Kenneth Madubulke (Secretary, Caretaker Committee, Abia P.D.P) by substituted means, by delivering of same to any adult inmate in the PDP Abia Secretariat at Onyerobi Close, off House of Assembly Road, Umuahia, Abia State or by pasting same at the PDP Abia State secretariat at Onyerobi Close, off House of Assembly Road, Umuahia and/or by electronic means via each of the party’s personal WhatsApp phone number.”

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The court further reminded all parties involved that the previous order made on July 23, 2024, remains in effect until the final determination of the case.

The claimants had initially secured an order on July 23 prohibiting the PDP from holding its ward congress, originally scheduled for July 27.

The July 23 order also prevented the PDP from extending the tenure of the Okere-led State Working Committee (SWC).

The court had issued restrictions preventing the party from conducting any congresses or rescheduling them until the motion on notice filed by the claimants is heard and determined.

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The order specified: “It is hereby ordered that leave be granted to the claimants/Applicants to serve the originating summons and other processes in this suit on the defendants in Abuja, outside Abia State. That claimants/applicants are hereby granted leave to serve the originating summons, orders, and all other processes in this suit by substituted means by delivering same to any adult inmate and/or by posting same at the headquarters of PDP, Wadata Plaza, FCT, Abuja.”

Furthermore, it stated: “That the defendants either by themselves, their representatives, servants, agents, assigns, or howsoever called are hereby restrained from holding or carrying on the PDP party congress in Abia State on 27-07-2024 or to reschedule it to be held on any other date or location pending the hearing and determination of the motion on notice already filed.”

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The ruling emphasizes that the PDP is barred from making any decisions or giving directives that would further extend the tenure of the last state, local government, and ward executive officers of the party in the state pending the resolution of the motion on notice.

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Enugu Youths Block Roads, Demand Justice For Ogene Music Legend Shot By Police Inspector

Aggrieved youths of Obiagu in Enugu metropolis have taken to the streets, blocking major roads in protest against the killing of popular traditional Ogene musician, Okezie Mba, widely known as “Igbo-Jah,” by a police inspector.

The incident, which occurred on Friday evening at the Anti-Cultism Tactical Squad Headquarters, has sparked widespread outrage both within and outside Enugu.

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DAILY GAZETTE reports that the Enugu State Police Command confirmed the incident, stating that the inspector involved has been arrested.

In response to the tragic news, Obiagu youths gathered early Saturday, burning tires and setting up blockades along major roads.

Our correspondent gathered that the youths chanting “Justice for Igbo-Jah”, expressed frustration over repeated incidents of police aggression against residents.

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They are demanding the dismissal and prosecution of the officer involved in the incident.

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PHOTOS: Voting Ongoing In Kano LG Election

Voting has started at several Polling Units (PUs) across Kano, where residents are casting their ballots to elect chairmanship and councillorship candidates.

Our correspondent reports that while voting is yet to begin in some PUs, many others have already commenced in both the metropolitan areas and in Local Government Areas on the outskirts.

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Enugu Popular Musician, Igbo-jah Shot Dead By Police Inspector

The Enugu State Police Command has reported the arrest and detention of a Police Inspector from its Anti-Cultism Tactical Squad, accused of the murder of popular traditional Ogene musician, Okezie Mba, also known as Igbo-Jah.

According to the Command’s spokesperson, DSP Daniel Ndukwe, the incident took place at approximately 8:10 p.m. on Friday, October 25, 2024, at the Tactical Squad’s Headquarters.

Mba had reportedly been visiting the headquarters on a friendly call and was leaving when the Inspector fired at him under circumstances yet to be clarified.

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“A male Police Inspector serving in the Anti-Cultism Tactical Squad of the Enugu State Police Command has been arrested and detained for the alleged murder of a male traditional Ogene musician, Okezie Chikezie Mba, popularly known as Igbo-Jah. The incident occurred around 8:10 p.m. on October 25, 2024, at the Tactical Squad’s Headquarters,” Ndukwe stated.

He further explained, “The musician was reportedly leaving the Squad’s Headquarters after a friendly visit when, for reasons yet to be ascertained, the police officer fired his rifle, hitting the victim. He was immediately rushed to the hospital, where he was confirmed dead by the attending doctor. His body has been deposited in the mortuary for preservation and autopsy.”

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Enugu State’s Commissioner of Police, Kanayo Uzuegbu, has called for an immediate and comprehensive investigation led by the Deputy Commissioner of Police in charge of the State CID.

The investigation aims to determine the exact circumstances of the incident and ensure prompt and appropriate disciplinary actions.

The Commissioner expressed his sympathy to the victim’s family, friends, and associates, describing the event as “unacceptable” and assuring that the officer involved and any other culpable parties would be held accountable in line with the law.

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The statement added, “The Commissioner empathises and consoles the victim’s family, friends, and associates, describing the unfortunate incident as unacceptable. He assures that the police officer and anyone else found culpable will be sanctioned in line with the law to serve as a deterrent.”

The CP urged those close to the victim to remain calm and cooperate fully with the ongoing investigation to ensure justice is served.

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NNPC Releases Names of Six Staff Lost In Helicopter Crash

The Nigerian National Petroleum Company Limited (NNPC Ltd) has disclosed the identities of six staff members who lost their lives in a helicopter crash on Thursday.

According to the electronic manifest, the deceased NNPC employees were identified as Tamunoemi Suku, Alu Lawrence, Etim Emmanuel, Kenneth Chikwem, Frank Oriamre, and Borris Ndorbo.

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The helicopter’s pilot, Captain Yakubu Dukas, was also among those who perished, while one passenger remains unidentified.

Reports indicate that the helicopter, operated by East Winds Aviation, was en route to the FPSO-NUIMS ANTAN oil facility when it crashed into the Atlantic Ocean.

Three bodies were initially recovered from the crash site, with two more retrieved the following day, bringing the total of recovered victims to five.

Search efforts are ongoing to locate the remaining passengers and the wreckage.

The Nigerian Air Management Agency (NAMA) is coordinating the search operation, with support from Cameroon and Equatorial Guinea.

Managing Director of NAMA, Umar Farouq, expressed determination to recover the missing helicopter and passengers, stating, “Through concerted efforts, we are on top of the matter, with other agencies. The search operation is ongoing, and Insha Allah, we shall be successful.”

NAMA has called on all Flight Information Regions in the region for assistance, and the search operation continues as authorities hope for a breakthrough in locating the missing helicopter and victims.

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