Tinubu’s LG autonomy gamble
22 Jul
Politics

Tinubu’s LG autonomy gamble

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Politics tamfitronics By abiodun KOMOLAFE“Local government is not just about politics, it’s about people’s lives.” – Eric GarcettiAt last, the Supreme Court of Nigeria has ruled in favor of Nigeria’s 774 Local Governments (LGs)! May God’s name be praised!Yes, the Supreme Court’s ruling is a significant victory, ordering 20.6% of the federation account allocation to be paid directly to LG accounts, as constitutionally mandated! But how did Nigeria descend to this point? It’s clear that most state governors sought to control LGs by appointing their herds and apparatchiks as council chairmen, thus disregarding elections. President Bola Tinubu deserves the highest praise imaginable for taking bold action.In Nigeria, state governors have historically been reluctant to grant fiscal autonomy to the LGs for the obvious reasons of political power play, fear of reduced revenue, patronage and clientelism,...
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Tinubu’s Government Set to Borrow a Fresh $2 Billion Crude Oil-Backed Loan
10 Jul
Politics

Tinubu’s Government Set to Borrow a Fresh $2 Billion Crude Oil-Backed Loan

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Politics tamfitronics The President Bola Tinubu-led federal government is seeking an additional $2 billion crude oil-backed loan from international creditors to boost its financial inflow.Sources familiar with the matter disclosed that the loan is being sought to augment the country’s finances, which have been strained in recent times.Reuters reported on Tuesday that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, confirmed the development, stating that the national oil company is in talks with international creditors to raise an oil-backed credit facility.The move comes on the heels of the recent revelation that NNPC is struggling to pay international oil traders a backlog of $6 billion, amid the removal of fuel subsidy.Kyari assured that the credit facility will help boost the corporation’s finances and allow for investment in the oil...
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“Tinubu’s poverty-producing insurance policies bear made existence unbearable for Nigerians” – PDP chieftain
12 May
Politics

“Tinubu’s poverty-producing insurance policies bear made existence unbearable for Nigerians” – PDP chieftain

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Politics tamfitronics A member of its Peoples Democratic Birthday celebration (PDP) National Working Committee (NWC), Tim Osadolor, has blamed the All Progressives Congress (APC) for allegedly plotting to foist a one-safe collectively issue on Nigerians, an allegation the ruling safe collectively has brushed apart severally.He alleged extra that the “deliberate poverty-producing insurance policies of the Bola Tinubu-led federal authorities bear extra made existence unbearable for unheard of and previously soft Nigerians.“No longer every person has the ability and wherewithal to resist or defeat hunger. A hungry man can't make sane choices as a rule,” he added.He acknowledged many opposition politicians had been “hungry, tired and struggling to safe by, and they also judge becoming a member of the APC would carry succour.”Osadolor, who is moreover the nationwide deputy youth leader of the PDP, acknowledged the...
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“Tinubu’s ministers lack capacity, they originate no longer gain any label” – Broken-down Benue governor publicizes
29 Apr
Politics

“Tinubu’s ministers lack capacity, they originate no longer gain any label” – Broken-down Benue governor publicizes

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Politics tamfitronics Broken-down Governor of Benue Affirm and Senator who represented Benue North-East Senatorial District in the 9th Nationwide Assembly, Gabriel Suswam, has declared that the ministers appointed by President Bola Tinubu originate no longer gain any label.In accordance with Suswam, essentially the most stylish Nigerian leadership headed by President Bola Tinubulacksthewherewithalto take the nation out of the industrial wretchedness inflicted by his predecessorMuhammaduBuhari.He talked about the elimination of the petrol subsidy, floating of the naira, andexpand in electrical energy tariff, amongst varied policies initiated by the Tinubu government, is evident that the earlier Lagos Affirm governor is out to develop things worse for the Nigerian heaps.The Senatormade the commentsas a visitor on Channels Television’s Newsnight programme.His words: “Mostof thefolks attach in areas as ministers are folks wholackcapacitytodefend these areas of work. One would gain...
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