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NECA Expresses Worries Over N3trn FEC’s Approval For Subsidy On Petrol

Published

4 years ago

January 31, 2022

The Nigeria Employers Consultative Association, NECA, weekend expressed fears that the N3trillion approved by the Federal Executive Council, FEC, to cover subsidy on Premium Motor Spirit, PMS, commonly known as petrol for 18 months, was neither desirable nor sustainable for the overall resuscitation of the economy.

It will be recalled that the Nigeria National Petroleum Corporation, NNPC, forwarded a proposal of N3 trillion to the Federal Executive Council, FEC, last Wednesday to cover cost of subsidy for 18 months, July 2022 to June 2023, stating that its removal would be suspended.

NECA, which is the umbrella body for all employers in the country, however, contended that for government to effect total removal of subsidy on petrol, it must take urgent steps to address the predicted socio-economic issues which would arise as a result.

Speaking on the N3 trillion Subsidy on petrol for the next 18 months by the Federal Government, NECA said: “The subject of fuel subsidy has become a matter of perpetual recurrence.

“In the recent past, we had opined that the removal of fuel subsidy was due and in the best interest of the country.

‘’However, we were deeply concerned about the timing, in view of the nation’s continued dwindling economy.

“Consequently, we encourage the government to engage relevant stakeholders, given the huge impact the removal would have on household income and spending before its implementation.

“The N3 trillion approved by the Federal Government is a follow-up to the suspension of the planned removal of subsidy in the country.

“It should be noted that following the public outcry on government’s intention to stop the subsidy of PMS, the Federal Executive Council approved the sum of N3 trillion to cover subsidy.

‘’In taking this decision, the government noted that the abrupt removal of subsidy would lead to increased hardship in the population and heightened inflation, especially since the necessary structures that would cushion the effects of subsidy removal on the general populace were not yet in place.

“While the Federal Government has rescinded the implementation plan and rather approached the National Assembly to amend the 2022 budget and make additional provision for subsidy from July to June 2023, it is imperative to note that this is certainly not sustainable in the long term, neither is it desirable for the overall resuscitation of the Nigerian economy.

“As often canvassed by the Organised Private Sector on the growing debt debacle, we call for more collaborative efforts in the form of Public Private Partnership, PPP, in addressing the huge infrastructure deficits, in a very short term and at cheaper rate.

‘’ It is our belief that implementing the PPP initiative in provision of the country’s critical infrastructure, decent and sustainable jobs will be provided and desirable number of people will be lifted from the poverty rank, even before the desired date of 2030.

“More so, with the unpredictable nature of global oil prices and developments in usage of alternative sources of fuel and modern technology, it is more appropriate to hasten the process of diversification of the non-oil economy in expanding the revenue sources away from oil.

‘’It is obvious that revenue from non-oil is more feasible than the oil revenue. This will result in a buoyant and robust economy which will reduce the need for external debt to the barest minimum.

“Exploration of the various natural mineral deposits in the country for processing and exportation should be optimized.

“Going forward, government has to take urgent steps to address the predicted socio-economic issues which would arise if subsidy removal is to see the light of the day.

“Government should address the following urgently to foster total removal of subsidy on petrol rather than injecting trillions of naira from an already bleeding economy.

‘’They include the revival of the four refineries in the country to optimal operating capacity and encouragement of more private sector involvement in refining crude oil, complete deregulation of the downstream sector, and provision of socio-economic relief options to address the anticipated drastic reduction in the citizens’ disposable income and standard of living.”

(VANGUARD)

Headline

Ex-US Mayor, Sultan Clash Over Alleged Christian Genocide

Published

54 minutes ago

November 1, 2025

Editor

A former Mayor of Blanco City in Texas, United States of America, Mike Arnold, has called on the Sultan of Sokoto, Alhaji Muhammad Abubakar III, to provide evidence to clear himself of his alleged involvement in what he described as “jihad genocide” and widespread killings in the country.

But the Sultanate Council of Sokoto described Arnold’s statement as baseless and undeserving of a response, saying the Sultan would not dignify the accusations with a reply.

The row erupted after Arnold, the founder of Africa Arise International, published a string of social media posts accusing the Sultan of being complicit in mass killings and resource looting in parts of northern Nigeria.

The Sultan had earlier rejected claims that Christians were being subjected to genocide in the North, saying such allegations were false and divisive, and urged the people to verify social media reports.

The Sultanate Council later described the fresh attacks on the monarch’s reputation as baseless and said the Sultan would not dignify the claims with further response.

However, speaking with The PUNCH, Arnold said available data and incidents across the northern part of the country suggested that the Sultan, being the spiritual and temporal head of more than 108 million Muslims, could not be entirely detached from the violent acts occurring “under his nose.”

Arnold questioned what he called the Sultan’s “silence and inaction” amid the wave of violent attacks and mass killings in the North, particularly those targeting Christian communities.

He said, “The evidence points to there being an intelligent designer of this whole diabolical machine of jihad, genocide, conquest, displacement, and resource extraction. There are many provable data points, and I believe the points paint a picture that demands the Sultan be investigated for these things.

“I am not declaring him guilty, only a prime suspect based on all available evidence. The facts demand investigation and answers to either determine his guilt or clear him of it. Let’s hear his case.

“The Nigerian government estimates that at least $9bn a year in minerals are looted from his own hereditary lands. Why hasn’t he tried to stop this? He has powerful armed militias under his authority, does he not? So why aren’t the illicit miners being stopped? Who is getting that money?”

The former Mayor also alleged that the Sultan had done little to address the rise of militant Fulani groups accused of carrying out numerous attacks, noting that while he once issued a fatwa against Boko Haram after the group challenged his authority, no similar action had been taken against Fulani militants.

“There have been more than 7,000 Christians massacred this year in his territory. If his own statement that no killing happens without traditional rulers knowing about it is true, then he knows more than anybody else,” Arnold said.

However, the Sultanate Council of Sokoto, while reacting through its Secretary, Alhaji Saidu Maccido, said the Sultan would not dignify the accusations with a reply, noting that both the Federal Government and the Nigerian Senate had already addressed the matter.

Maccido reaffirmed the Sultanate Council’s commitment to peace, unity, and national stability, urging Nigerians to ignore divisive and inflammatory narratives.

“The Sultan will not bring himself down to respond to such allegations again. The Federal Government has responded to the allegations, and I even recall that the Nigerian Senate also passed a resolution on it. Responding again will only make them feel important.

“The Sultanate Council remains focused on promoting peaceful coexistence, mutual respect, and truth. We will not be distracted by baseless accusations,” he added.

Headline

Nicki Minaj Hails Trump For Designating Nigeria ‘Country Of Particular Concern’

Published

1 hour ago

November 1, 2025

Editor

American rapper, Onika Maraj, popularly known as Nicki Minaj, has expressed gratitude following U.S. President Donald Trump’s decision to designate Nigeria as a “country of particular concern” over alleged religious persecution.

Trump, in a post shared on his Truth Social platform on Friday, claimed that Christianity was facing an “existential threat” in Nigeria, accusing radical Islamists of carrying out widespread killings of Christians.

“Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a ‘country of particular concern,’” Trump wrote.

He added that the United States “cannot stand by while such atrocities are happening” and pledged that Washington would “stand ready, willing, and able to save our great Christian population around the world.”

Reacting to the move in a post on her X handle on Saturday, Minaj said the announcement made her feel deeply grateful for the freedom to worship in her own country.

She wrote, “Reading this made me feel a deep sense of gratitude. We live in a country where we can freely worship God. No group should ever be persecuted for practising their religion. We don’t have to share the same beliefs in order for us to respect each other.”

The rapper noted that several countries around the world are suffering from religious persecution and warned against ignoring such human rights violations.

She also wrote, “Numerous countries all around the world are being affected by this horror & it’s dangerous to pretend we don’t notice.

“Thank you to The President & his team for taking this seriously. God bless every persecuted Christian. Let’s remember to lift them up in prayer.”

Headline

Christian Genocide’: Trump Designates Nigeria As Country Of Particular Concern

Published

24 hours ago

October 31, 2025

Editor

United States President, Donald Trump, has named Nigeria a “country of particular concern,” citing what he described as a growing threat to Christianity in the nation.

In a statement on Truth Social on Friday, Trump claimed thousands of Christians have been killed by radical Islamist groups and urged U.S. lawmakers to investigate the situation urgently.

Trump maintained that the United States would not stand by while Christians in Nigeria and other parts of the world face persecution, adding that America remains ready to protect Christian populations globally.

He said, “Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a “COUNTRY OF PARTICULAR CONCERN” — But that is the least of it.

“When Christians, or any such group, is slaughtered like is happening in Nigeria (3,100 versus 4,476 Worldwide), something must be done! I am asking Congressman Riley Moore, together with Chairman Tom Cole and the House Appropriations Committee, to immediately look into this matter, and report back to me.

“The United States cannot stand by while such atrocities are happening in Nigeria, and numerous other Countries. We stand ready, willing, and able to save our Great Christian population around the World!”

His declaration follows increasing criticism from U.S. politicians and public figures who claim that Christians in Nigeria are facing systematic violence.

Recently, US comedian and HBO host Bill Maher accused Islamist groups of carrying out a genocide against Christians in the country.

“I’m not a Christian, but they are systematically killing the Christians in Nigeria. They’ve killed over a hundred thousand since 2009. They’ve burnt 18,000 churches. These are the Islamists, Boko Haram. This is so much more of a genocide attempt than what is going on in Gaza.

“They are literally attempting to wipe out the Christian population of an entire country,” Maher said.

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Similarly, US Senator Ted Cruz claimed that Nigerian government officials were “ignoring and even facilitating the mass murder of Christians by Islamist jihadists.”

Cruz also lamented that Christians in the country were being targeted for their faith by terrorist groups and “are being forced to submit to sharia law and blasphemy laws across Nigeria.”

He said it was “long past time to impose real costs on the Nigerian officials who facilitate these activities,” adding that he had introduced the Nigeria Religious Freedom Accountability Act to the US Senate to sanction such officials.

In the same vein, Riley Moore, who represents West Virginia’s 2nd District in the US Congress, wrote to the US Secretary of State, Marco Rubio, urging him to designate Nigeria as a Country of Particular Concern.

Moore also called for a suspension of arms sales and technical support to Nigeria until the government demonstrates commitment to ending what he described as “a reign of persecution and slaughter against Christians.”

However, both the Christian Association of Nigeria (CAN) and the Nigerian Presidency have dismissed the allegations of a Christian genocide.

While CAN described the reports as false narratives peddled by foreign agents, the Presidency insisted that there is no religious war taking place in the country.