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PDP Rejects Increase In Fuel Price, Electricity Tariff

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The Peoples Democratic Party (PDP) has rejected the reported increase in the price of petrol to N151 per litre and electricity tariff to N66 per kwh.

In a statement on Wednesday by its National Publicity Secretary, Kola Ologbondiyan, the party described the increase as callous and cruel, alleging that the All Progressives Congress (APC) was punishing Nigerians.

“The party demands an immediate reversal of the prices to avert a national crisis, as the increase will result in upsurge in costs of goods and services and worsen the biting hardship being faced by Nigerians who are already impoverished and overburdened by APC-imposed high cost of living in the last five years,” the statement claimed.

  1. It added, “Our party asserts that by increasing the price of fuel from the N87 per litre it sold under the PDP to an excruciating N151 while at the same time allowing the hike in electricity tariff from N30.23 per kwh to over N66, the APC has left no one in doubt that its agenda is to inflict pain and hardship on Nigerians to satisfy their selfish interests.”

The PDP stated that the increase in the price of such essential supplies was unjustifiable, claiming that the APC was attempting to rationalise the excruciating hardship being suffered by the people.

It stressed that it was distressing that the present administration increased the cost of essential commodities at the time the leadership of other countries were offering palliatives to their citizens to cushion the effect of the COVID-19 pandemic.

The party said it was shocking that the reported increase could be approved at a time when many Nigerians were struggling to afford staple foods and other necessities of life.

It, therefore, challenged the APC and the Muhammadu Buhari administration to publish the parameters with which it arrived at the reported increase.

The PDP believes given the prevailing values in the international market, the appropriate price template for domestic pump price in Nigeria ought not to be above N100 per litre.

“Our party further challenges the APC-led Federal Government to publish details of its sleazy and over-bloated oil subsidy regime, including the involvement of APC interests in the claimed under-recovery for unnamed West African countries, running into trillions of naira, while Nigerians are made to bear the burden of high fuel costs,” the party said.

It alleged, “Moreover, the APC and its government have failed to allow an open investigation into allegations of fuel price overcharge, as well as the fraudulent subsidy regime through which over N14 trillion had allegedly been frittered by unscrupulous individuals in the APC.

“Our fear is that the APC is pushing Nigerians to the wall with its obnoxious and anti-people proclivities and we caution that nobody should misinterpret the peaceful and law-abiding nature of Nigerians as a sign of weakness.”

The party called on the National Assembly to save the nation by calling the APC and its administration to order to avoid a crisis in the country.

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Fulani Will Always Revenge Injustice, Says El-Rufai

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Governor Nasir El-Rufai of Kaduna State says the Fulani tribe will always take revenge whenever they suffer injustice.

He, however, said they accept their fate whenever they are convicted of a crime. El-Rufai said this on Thursday during a webinar organised by the Africa Leadership Group.

The governor was asked to clarify his tweet in 2012 wherein he said, “Anyone, soldier or not, that kills the Fulani, takes a loan repayable one day no matter how long it takes.”El-Rufai had been asked why he made the comment and if the Igbo would be justified to take revenge on other Nigerians that killed them during the Biafran war.

In his response, the governor said, “If a Fulani man dies in war, it is different. If a Fulani man is arrested by the authorities and convicted, it is not an issue. What the Fulani never forgets is when he is innocently targeted and killed and the authorities do nothing. He will never forget and he will come back for revenge. This is it.

“So, it is better to understand the context given the context of what I tweeted which had to do with an issue in Plateau State in 2012. I hope you get the context. So, it is not that Fulani will never forget. Anyone that goes through pain and sorrow either forgets or doesn’t forget but when it is extrajudicial, when it is extra-official, the attitude is completely different.

“This is the context in which Fulani never forgets. It is not in every context. As I said, I lost relations during the war. It doesn’t mean I still hold a grudge. We’ve moved past that.”

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Buhari Probes N165.32bn Unremitted Operating Surplus by NPA

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The President, Muhammadu Buhari , is probing alleged non-remittance of about N165bn operating surplus to the Consolidated Revenue Fund by the Nigerian Ports Authority.

There are indications that the development may not be unconnected to the recent suspension of the Managing Director of the agency, Hadiza Bala-Usman.

Documents sighted on Friday showed that the government figured out discrepancies in the remittance of operating surpluses by the NPA to the Consolidated Revenue Fund for two consecutive years under the leadership of Bala-Usman.

Findings indicated that a total of about N73.61bn (N56.3bn in 2017 and N17.31bn in 2018) realised within the two-year period was not remitted to the CRF as expected by the government, although the suspended NPA boss provided explanations to the contrary.

Also, the Federal Ministry of Transportation in a May 4, 2021 letter to the President claimed that the NPA failed to remit N165.32bn to the CRF from 2016 to 2020 and called for an investigation and audit of the financial accounts of the authority

But in a letter, with reference MD/17/MF/VOL-XX/541, dated May 5, 2021 and addressed to the Chief of Staff to the President, Bala-Usman said the NPA was aware of Buhari’s approval for the Federal Ministry of Transportation to conduct an audit of the accounts of the NPA and its remittances to the CRF.

The letter was entitled, “Re: Request for the record of remittance of operating surplus to the Consolidated Revenue Funds account by the Nigerian Ports Authority.”

In the letter, she explained that the audited financial statements of the NPA provided operating surpluses in 2017 and 2018 that were contrary to what were arrived at by the Office of the Chief of Staff to the President.

The letter read in part, “Audited financial statements of the authority for the period 2017 and 2018 provides operating surpluses of N76.782bn and N71.480bn for 2017 and 2018 respectively as contrary to the sums of N133.084bn and N88.79bn arrived at by your office from the budgetary submission.”

The letter stated that the presidential approval for the audit of the NPA accounts arose from a correspondence between the Budget Office of the Federation and the Federal Ministry of Transportation where the budget office conveyed to the FMoT an observed shortfall of the authority’s remittances to the CFR.

Bala-Usman said, “We wish to state that the authority’s basis for arriving at the operating surplus on which basis the amount due for remittance to the CFR is guided by the Fiscal Responsibility Act 2007 as amended.

“It is further based on the statutory mandate Part 1, S.3(1) (b) &(d) whereby the FRC issued a template for the computation of operating surplus for the purpose of calculating amount due for remittance to the CRF.

“Accordingly, the figures so provided by the Budget Office of the Federation as the operating surplus for the respective years on which basis they arrived at the shortfall are derived from submission of budgetary provision not the actual amounts derived following the statutory audit of the authority’s financial statements.”

She argued that in line with the template issued by the Fiscal Responsibility Commission, the accessible operating surplus of the authority stood at N51.09bn and N42.51bn for 2017 and 2018 respectively.

“This amount will give rise to a remittance due to the CFR in the sum of N40.873bn and N34.065bn representing 80 per cent of the surpluses for the year 2017 and 2018 respectively.

“Accordingly, the authority consequently made a remittance of N42.415bn and N33.969bn for the years 2017 and 2018 respectively for the full amount required as remittance for the period.”

On remittances for 2019 — 2020, the suspended MD said the audit of the 2019 financial statement had been completed and awaiting consideration of the authority’s board at which point the final figures for the 2019 operating surplus would be determined for consequent computation of the amount due for remittance to the CFR.

“But thus far, the authority has made a remittance of N31.683bn for the 2019 remittance. The sum of N51.049bn has also thus far been remitted for 2020, while awaiting the audited financial statement to determine the final amount required for both 2019 and 2020 at which point the authority will make the payment of the balance as required,” Bala-Usman noted.

She stated that based on the above, the authority wished to clarify that the computation of its remittances to the CFR were concluded from audited financial statements using the template forwarded to the authority from the Fiscal Responsibility Commission and not budgetary provision.

“The authority has remitted the full amount due to it to CFR for the periods 2017 and 2018 arising from the operating surplus derived from the audited financial statement for the period totaling N76.384bn as evidenced in attached treasury receipts,” Bala-Usman said.

She added, “The authority has remitted a total of N 82.687bn for the periods 2019 and 2020 pending the audit of the financial statement at which point the amount so computed arising from the value of the operating surplus in the audited financial statement will be remitted to the CFR.”

She said the NPA wished to request the Chief of Staff and the Office of the Accountant-General of the Federation who were the statutorily custodian of status of payment to the CRF to provide clarification on the above so as to establish the true position of the authority’s remittances to the CFR.

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Parents of Abducted Kaduna Students Protest at National Assembly

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Parents of the abducted students of the College of Forestry Mechanization Afaka in Kaduna State have occupied the National Assembly complex, Abuja, in protest.

The protesters which include members of the Students Union Government (SUG) of the institution are lamenting over what they described as the negligence of the state and Federal Government in securing the release of the children.

They chanted songs of solidarity and displayed placards demanding prompt rescue of the students.

“Education is our right! Safety is our right! Freedom is our right!, Free Afaka 29! ” the parents and students chanted as they marched to the National Assembly.

The protesters joined by the Publisher of Sahara Reporters, Omoyele Sowore and Deji Adeyanju had earlier gathered at the Unity Fountain before proceeding to the National Assembly complex.

The main entrance of the National Assembly was however manned by security agents who denied the protesters entrance.

On 11th March, 39 students of the Federal College of Forestry Mechanization Afaka in Igabi Local Government Area of Kaduna State were abducted from their hostels by bandits dressed in military uniform.

Ten of the students were released in two batches of five each but 29 others have remained in captivity.

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