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Petrol subsidy to end after Buhari signs PIB – Minister

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The assent of the Petroleum Industry Bill by President Muhammadu Buhari will put an end to petrol subsidy in Nigeria, the Minister of State for Petroleum Resources, Chief Timipre Sylva, announced on Monday.

Sylva announced this while speaking at the Nigeria/Organisation of Petroleum Exporting Countries: 50 Years of the Partnership press conference in Abuja.

He insisted that it was best for Nigeria that the Federal Government discontinued subsidy on petrol, stressing that the recently passed PIB had no provision for subsidy.

The minister said, “This (subsidy removal) is desirable for the interest and growth of Nigeria. Of course, everybody will have their perspectives, but from where I sit, I believe that subsidy removal is the best thing for Nigeria, not just the industry.

“So far, the discussions with stakeholders are still ongoing. But I will also bring it to your attention that today when the President assents to the PIB, the subsidy will become a matter of law because it is already in the PIB that petroleum products will be sold at market-determined prices.”

Sylva added, “The removal of subsidy has the potential of unlocking a lot more funds for deployment to development. Unfortunately, what we are doing by way of subsidy is like cutting our nose to spite our face.”

The petroleum minister further noted that the government would begin the rehabilitation of the Warri and Kaduna refineries soon to increase domestic refining of petrol and to cushion the impact of subsidy removal.

He said the OPEC quota given to Nigeria for crude oil production in June 2021 was 1.554 million barrels per day and that the quota system had helped in balancing oil prices globally.

 

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Kano inaugurates 14-member committee to review education policies

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The Kano State Government has inaugurated a 14-member committee tasked with reviewing existing education policies in the state.

Inaugurating the committee on Thursday in Kano, the Commissioner for Education, Dr Ali Makoda, said that the committee was constituted by the Kano State Executive Council to assess the state’s education policies.

“This committee was originally scheduled to be inaugurated by the governor, but due to prior engagements, he has delegated the responsibility to me so that we can begin our work immediately,” Makoda stated.

The Commissioner outlined the committee’s terms of reference, which include reviewing the four existing education policies in the state to assess whether they align with the cultural and religious beliefs of the people.

“Evaluating the feasibility of implementing the policies, and making recommendations to strengthen the state’s education system.”

He noted that the four policies to be reviewed include the Kano State Girls’ Education Policy, Kano State Gender Equity and Social Inclusion Policy, Kano State Non-State School Policy, and Kano State Teacher Development Policy.

Makoda announced that the committee has been given three weeks to submit its report, and urged the members to leverage their expertise to produce recommendations that would enhance the state’s education sector.

In his response, the committee chairman, Malam Abdullahi Dutse, assured the commissioner of the committee’s commitment to work collaboratively to meet the expectations placed on them.

“Considering the diverse expertise of the committee members, I believe the government has selected individuals with the right skills to address the challenges facing education in the state. We will work diligently to provide the necessary report,” he said.

The committee’s members include Malam Abdullahi Dutse (Chairman), Prof Abdallah Uba -Adamu, Habibu Dan Almajiri, Alhaji Danlami Garba, Kano State Commissioner for Women, Children, and Disabled Affairs Hajiya Amina Abdullahi, and Isa Ahmad.

Other members are Prof Tijjani Naniya, Malam Kabiru Hanga, Munzali Mustapha, Prof Auwal Halliru Arzai, and Dr Bashir Aliyu -Umar.

The remaining include the representatives of the Emirate Council and Civil Society Organizations, and Ibrahim Bawa, Director of Archives and Publications, who will serve as Secretary of the committee.

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U.S commends Nigeria over Galactica funds repatriation efforts

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The U.S. Deputy-Secretary of State, Kurt Campbell, has extolled Nigeria’s partnership in the successful repatriation of funds linked to forfeited luxury real estate and Galactica Star Superyacht. (more…)

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Tinubu congratulates Nigerian scientists, engineers on making Biden’s honour list

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Tinubu commiserates with Rashidi Ladoja over wife’s death

President Bola Tinubu has congratulated six Nigerians named by President Joe Biden among the 400 recipients of the Presidential Early Career Award for Scientists and Engineers (PECASE) in the United States.

This recognition, established by former President Bill Clinton in 1996, is the highest honour bestowed by the United States government on outstanding scientists and engineers in the early stages of their careers.

This year’s awardees, announced by Biden on Jan. 14, are employed or funded by 14 participating United States government agencies, Mr Bayo Onanuga, the President’s Spokesman, said in a statement on Thursday in Abuja.

The Nigerian honourees include Azeez Butali, Gilbert Lilly Endowed Professor of Diagnostic Sciences, College of Dentistry, University of Iowa; and Ijeoma Opara, Associate Professor of Public Health (Social and Behavioral Sciences), Yale School of Public Health, Yale University.

Others are: Oluwatomi Akindele, Postdoctoral researcher at Lawrence Livermore National Laboratory; and Eno Ebong, Associate Professor of Chemical Engineering, Bioengineering, and Biology at Northeastern University;

The rest are: Oluwasanmi Koyejo, Assistant Professor of Computer Science at Stanford University; and Abidemi Ajiboye, Executive vice Chair of the Case School of Engineering, Department of Biomedical Engineering, and Case Western Reserve University.

Tinubu commended the awardees for their achievements in science, technology and engineering.

He noted that recognising the talents of the awardees underscored Nigerians’ vast potential to excel both at home and on the global stage.

Tinubu looked forward to the honourees sharing their multidisciplinary expertise to benefit Nigeria’s development efforts under the Renewed Hope Agenda. (more…)

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