News

Removal Of Fuel Subsidy Tough On Citizens, Tinubu Admits

Published

2 years ago

January 18, 2024

Editor

President Bola Tinubu, on Thursday, acknowledged that the removal of fuel subsidy is tough on Nigerians and has affected every sector, including education. But he gave the assurance that the future is bright.

Tinubu, who is the Visitor to the University of Lagos, UNILAG, said this at the 54th convocation ceremony of the university.

Tinubu was represented at the occasion by the Minister of Education, Prof. Tahir Mamman (SAN).

He said the impact could be seen in the high cost of living that has affected parents, guardians, students and other Nigerians.

According to Tinubu, “We took some life-changing decisions including the removal of fuel subsidy and single exchange rate of the naira.

“There is no doubt that the actions have led to Nigerians, including parents, guardians and even students experiencing some discomfort. The decisions affected the education sector, with parents paying more for education among others.

‘Our plans’
“I can assure you that the pains will soon be over and that the future is bright. For the education sector, we are assuring you that no Nigerian child will drop out of school.

“It is in view of that we brought back the School Feeding Programme and also introduced the Student Loan Scheme.

“The loan is repayable two years after a beneficiary has completed the mandatory one-year National Youth Service Corps Scheme, NYSC.

“We are also not taking higher education for granted and that is why we recently took some decisions like removing higher institutions from the Integrated Personnel and Payroll Information System, IPPIS.

“We are also on the agenda of autonomy for universities.

“Regarding the setting up and running of universities in the country, we are moving to the fourth stage, which is the internalisation of the university system.

“The first stage was the setting up of universities by the Federal Government. The second stage is the setting up of universities by state governments and the third stage is the coming on board of private universities.

“The fourth stage is that we want foreign investors and foreign universities to come and set up universities here. They can also do so in partnership with our universities here,” he said.

The President commended the management of UNILAG for contributing to the manpower development of the country. He expressed the hope that the graduands would go into the world and make positive impacts on society.

He also charged academics to let the world feel their impact by proffering solutions to societal problems.

In her address, the Vice Chancellor, Prof. Folasade Ogunsola, said the university has made tremendous progress in the last one year.

She said: “A lot has happened in the last year but I will mention a few. Our research activities and income from research grants continue to grow with our staff attracting over N11 billion in grant income in both local and foreign currency.

“These figures are derived from 42 grants obtained in the year 2023 only and they cut across the sciences, social sciences and the arts.”

The Lagos State Governor, Mr Babajide Sanwo-Olu, who is also an alumnus of the university, opined that UNILAG has proven to be a leading citadel of learning, not only in the country, but on the continent and also globally.

He reiterated the commitment of his administration to give education its pride of place in the scheme of things.

News

‘We Cure Madness With Madness’: Five Things To know About Taye Currency

Published

45 minutes ago

September 28, 2025

Editor

The name ‘Taye Currency’ has continued to trend on social media following the Fuji music artiste’s performance at the coronation of the 44th Olubadan of Ibadan, Oba Rashidi Adewolu Ladoja, on Friday.

Taye Currency, during his performance at the coronation event which took place at Mapo Hall in Ibadan, rendered a line in Yoruba, “Were la fi n wo were,” which translates to “we cure madness with madness.”

The line, which seems not to have sat well with many Nigerians, particularly those of Yoruba heritage, has continued to generate a lot of criticism, with many opining that such lyrics were not befitting for the occasion, which had in attendance dignitaries including President Bola Ahmed Tinubu, governors, ministers, traditional rulers, and other crème de la crème of society.

Reacting to the development, the Olu of Kemta Orile in Odeda Local Government Area of Ogun State, Oba Adetokunbo Tejuosho, criticised Taye Currency for what he described as “classless and unbefitting lyrics.”

According to him, the musician failed to accord the coronation its due respect, describing his lyrics as unbefitting of the sacred ceremony.

He said, “The throne of our ancestors is not a stage for mockery, nor the coronation of a great monarch a subject for careless entertainment.

“Kingship is sacred, adorned with honor and guarded by tradition. It demands reverence, dignity, honor, class and the utmost respect from all who stand in its presence.

“Listening to the musician (Taye Currency), who was invited to render music before the Crown, as a matter of fact before the entire world, to serenade the audience and sing in a way to express admiration, singing songs like (were lafi n wo were) We use madness to cure madness.

“Such lyrics were classless and unbefitting of such occasions, it is insulting to the sacredness of the gathering.”

While Taye Currency is well known among Fuji music lovers, especially those from Ibadan, the Oyo State capital, his performance at the Olubadan coronation has made people want to know more about him.

In this article, Tribune Online takes a look at five things to know about the trending Fuji musician.

1. Full Name and Age

His full name is Taye Akande Adebisi. Apart from his popular stage name, Taye Currency, he is also known as ‘Apesin.’ He celebrated his 50th birthday on December 17, 2024.

2. Appointment as Special Adviser on Culture and Tourism

Oyo State Governor, Seyi Makinde, appointed him as Special Adviser on Culture and Tourism in 2019 during the governor’s first tenure.

3. Father of a Lawmaker

In 2019, Taye Currency’s son, Yusuf Oladeni Adebisi, was elected into the Oyo State House of Assembly to represent Ibadan South-West Constituency 1, which earned Taye Currency another nickname, ’Baba Honorable’ (Honourable’s father). He was re-elected in 2023 as a lawmaker on the platform of the Peoples Democratic Party (PDP).

4. Financial Setback

In April 2025, Taye Currency publicly lamented that he lost N10 million to CBEX, a crypto/investment scheme many now regard as a collapsed Ponzi platform. He explained that he was convinced to invest by close associates, only to see the scheme crumble shortly after.

5. Affiliation with Pasuma

Taye Currency has often maintained that although he never learnt Fuji music from his senior colleague, Wasiu Alabi Odetona, popularly known as Pasuma, whom he first met in 1993, he still considers him a boss.

News

JUST IN: PENGASSAN Strike May Trigger Nationwide Blackout, Thermal Plants Shut Down

Published

3 hours ago

September 28, 2025

Editor

Nigerians may face a nationwide blackout from Monday as power generation companies have raised the alarm over an imminent shutdown of thermal plants following directives from the Petroleum and Natural Gas Senior Staff Association of Nigeria.

The Executive Secretary of the Association of Power Generating Companies, Joy Ogaji, raised the alarm over the imminent blackout in a WhatsApp message on Sunday.

She revealed that gas suppliers had issued notices to halt supply to thermal power stations in line with PENGASSAN’s strike resolution.

“Good day, all. Thermal GenCos have received notification from our gas suppliers to shut down our thermal power plants following directives from PENGASSAN. The Nigerian Gas Infrastructure Company has specifically requested GenCos to comply,” Ogaji said in the post.

She warned that the development could plunge the country into darkness, as hydroelectric dams alone cannot sustain the national grid.

“Please all be notified of the imminent darkness, as hydros alone cannot sustain the system,” she added.

The warning comes hours after PENGASSAN announced that it would commence a nationwide strike on Monday to protest the dismissal of over 800 workers at the Dangote Petroleum Refinery.

The oil workers’ union, after an emergency National Executive Council meeting on Saturday, directed its members in all oil and gas installations to down tools until the sackings were reversed.

The action could cripple crude production, fuel supply, gas distribution and now electricity generation, worsening the hardship faced by Nigerians.

With thermal stations accounting for more than 70 per cent of Nigeria’s electricity supply, industry experts say the shutdown will trigger widespread outages, stretch hydro plants beyond capacity and heighten the risk of a nationwide system collapse.

News

Customs Launches One-stop-shop To Cut Cargo Clearance To 48 Hours

Published

4 hours ago

September 28, 2025

Editor

The Nigeria Customs Service (NCS) says it has officially introduced its ‘One-Stop-Shop (OSS)’ initiative aimed at reducing cargo clearance time to 48 hours.

NCS spokesperson, Abdullahi Maiwada, made this known in a statement on Sunday in Abuja.

Maiwada said the initiative was unveiled recently during a meeting between NCS management and Customs Area Controllers, chaired by the Comptroller-General (C-G), Adewale Adeniyi, in Abuja.

He said the meeting deliberated on the service’s modernisation agenda and the role of leadership in driving reforms across commands.

Maiwada quoted the C-G as describing the OSS as a “transformative shift” which aligned with global best practices and the Federal Government’s Ease of Doing Business policy.

Adeniyi said the reform was designed to sanitise operations, reduce duplication of efforts and ensure predictability in customs procedures.

“The OSS initiative will not only shorten clearance time from 21 days to 48 hours, but it will also strengthen trader confidence, restore transparency and make our operations more business-friendly,” Adeniyi said.

The C-G acknowledged the role of technology in customs operations but also emphasised the importance of physical engagement with officers.

“As much as technology has helped us, it has its limits. There are moments when physical presence, coming together under one roof, adds weight and value to our deliberations,” he said.

The NCS boss said the reform would be piloted at Apapa, Tin Can Island and Onne Ports before being rolled out nationwide.

He added that the initiative was constitutionally supported by the NCS Act 2023 and aligned with the World Trade Organisation’s Trade Facilitation Agreement (TFA).

“This is not just a policy. It is a statement of intent that reflects our determination to build a modern, transparent and trader-friendly Customs Service,” he said.

The spokesperson said that under the OSS framework, all customs units would work jointly on flagged declarations, eliminating multiple checks and reducing delays.

According to him, consignments cleared under the OSS will not be subject to re-interception, thereby reducing costs and enhancing trade facilitation.

He said the meeting also provided a platform to review the NCS accountability framework, including a new central dashboard that tracks clearance times, interventions and stakeholder satisfaction.