Entertainment

Fuel Subsidy Removal Wasteful If Importation Persists – Expert

Published

3 years ago

March 30, 2023

Martin Onovo, a petroleum engineer and the National Conscience Party presidential candidate during the 2015 election, said that fuel subsidy removal is wasteful if the importation of Premium Motor Spirit, PMS, persists in Nigeria.

Onovo disclosed this on Thursday during an interview on Channels Television monitored by DAILY POST.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, said the Federal Government would remove fuel subsidies before June.

But, Onovo has insisted that the country is about to go into another circle of waste.

He explained that the Nigerian government has embarked on fuel subsidy removal at least 20 times in the last 40 years with no economic benefit to the country.

He said subsidy removal would further shut down inflation, leading to Naira devaluation, a precursor for another subsidy.

He stressed that Nigeria must stop the importation of fuel products by revigorating its local refinery capacity.

“Nigeria has no reason to import petroleum or domestically refined petroleum products. A subsidy is mainly for imported products; let me tell you, do not justify the subsidy removal error because there is a mob mentality now; the majority want to move in that direction. It is the wrong direction; Nigeria has done it over 20 times in the last 40 years, the last one was in 2016, and Nigerians celebrated. Let me explain that once the subsidy is removed today, inflation and devaluation follow, and you will now need another subsidy. As long as we are still importing, the fuel subsidy removal is wasteful”, he said

Entertainment

Davido To Be Inducted Into Black Music Walk Of Fame

Published

10 hours ago

May 8, 2026

Editor

Afrobeat superstar, David Adeleke, popularly known as Davido, has been named an inductee for the 2026 Black Music and Entertainment Walk of Fame in Atlanta, Georgia, in the United States.

The organisers announced Davido as part of this year’s class ahead of the induction ceremony scheduled for June 1 in Atlanta’s Historic Westside.

The recognition places him alongside entertainment figures honoured for their influence on Black culture and global music.

Other inductees listed included Ludacris,Atlanta-based artiste and philanthropist, Paul Morton, renowned gospel singer and Maynard Jackson, former Atlanta Mayor.

The feat has added the “Timeless” crooner to the list of African artists previously recognised by the organisation, including late Afrobeat pioneer Fela Kuti.

The Black Music & Entertainment Walk of Fame was created by the Black American Music Association and the Georgia Entertainment Caucus to honour people who have shaped Black entertainment and music.

It recognises Black entertainers and cultural figures who have influenced music and entertainment around the world, with inductees receiving plaques placed along the walkway in Atlanta in recognition of their impact on Black culture.

Davido’s recognition for the walk of fame is coming when he is marking 15 years on stage as a music star.

He had on Thursday shared a post on his X page(formerly Twitter), “God is the best of all planners! 15 years in da game”, reflecting on his journey so far.

The News Agency of Nigeria (NAN) reports that Davido, born in Atlanta,Georgia, began his music career professionally in 2011, and started working on his debut studio album ‘Omo Baba Olowo’,a mixture of Afrobeats and hip hop.

He made his music debut as a member of the group KB International, and rose to fame after releasing “Dami Duro”, the second single from ‘Omo Baba Olowo’ (2012).

Within a decade and half, Davido has delivered several hit records, including five studio albums; Omo Baba Olowo (2012),A Good Time (2019),A Better Time (2020),Timeless (2023) and 5ive (2025).

He has secured several nominations and awards on the global stage, with three nominations at the 66th Annual Grammy Awards (2024), including Best Global Music Album for Timeless.

NAN

Entertainment

Burna Boy To Feature On Official 2026 FIFA World Cup Anthem

Published

11 hours ago

May 8, 2026

Editor

Popular Nigerian singer Burna Boy will join Colombian pop icon Shakira to perform the official song of the 2026 FIFA World Cup titled “Dai Dai.”

It will be the second consecutive time a Nigerian artiste will feature in a World Cup song.

Recall that Davido featured in the official song of the 2022 FIFA World Cup tagged “Hayya Hayya (Better Together).”

The song will be officially released on Thursday, May 14.

In her post, Shakira wrote: “From Maracanã Stadium, here is ‘Dai Dai,’ the @FIFAWorldCup Official Song 2026. Coming 5/14. We’re ready! ⚽️🐺 @burnaboy.”

The 2026 FIFA World Cup will be co-hosted by Canada, Mexico, and the United States of America.

The competition will run from June 11 to July 19.

Entertainment

Portable In Lone Car Accident Night To Child’s Naming Ceremony [VIDEO]

Published

12 hours ago

May 8, 2026

Editor

Controversial Nigerian street-pop artiste, Portable, has been involved in a lone accident a night to his new born baby’s naming ceremony.

The incident happened on Thursday night in Ogun State, after he experienced a brake failure during his preparation for the ceremony.

Sharing details about the incident, Portable revealed he escaped death after he drove his car into a ditch to avoid colliding with another car.

Speaking in a trending video on his Instagram story, the singer said, “My fans, join me to appreciate God. I was just driving out this evening when the accident happened.

“Nothing do me oo, I came out unhurt . I suddenly realized that the car had failed brake. My people have arrived here (at the scene of the incident) I thank God they are not here to carry my corpse.

“I’ve already bought two cows for my son’s naming ceremony. Thank God that the accident didn’t happen when trailer was passing on the road.”

Recall that Portable gave out free ankara aso ebi clothes to celebrate the naming ceremony of his new born baby with his wife, Bewaji.

Bewaji had given birth during Portable’s boxing fight with Carter Efe on Friday May 1 2026

Watch the video here