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NLC Faults N180 Billion Palliatives

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NLC Faults N180 Billion Palliatives

NLC Faults N180 Billion Palliatives

 

 

NLC– Organized labour has knocked the Federal Government for releasing an N180bn palliative package to states to cushion the impact of the fuel subsidy removal.

 

 

The Nigeria Labour Congress and the Trade Union Congress insisted that the governors could not be trusted, noting that politicians and not the poor would benefit from the N5bn largess given to each state government for disbursement to the citizens.

 

 

The Federal Government on Thursday announced an N5bn palliative for each state of the federation and 180 trucks of rice as part of measures to assuage the pains of the subsidy removal.

 

 

 

The policy, which led to sharp and multiple increases in fuel pump prices, has driven up the prices of goods and services, pushing millions of Nigerians into poverty and worsening the socio-economic situation in the country.

 

NLC Faults N180 Billion Palliatives

 

The development also triggered nationwide protests by organized labour which insisted on the repair of refineries as a precondition for the subsidy withdrawal.

 

But announcing the release of the palliative at the end of the 135th National Economic Council meeting presided over by Vice President Kashim Shettima in Abuja, the Borno State Governor, Babagana Zulum, disclosed that the N5bn was to enable the state governments to procure 100,000 bags of rice, 40,000 bags of maize and fertilizers to cushion the effect of food shortage across the country.

 

 

 

 

He added that considering the urgency in meeting the need to mitigate the skyrocketing food prices across the country, the Federal Government had last week released five trucks of rice to each state of the federation.

 

 

 

Shettima explained, “NEC met today and expressed serious concerns as regards increasing cost of food items, increasing cost of transportation amongst others as a result of subsidy removal. In order to cushion the effect of subsidy removal, the federal government released five trucks of rice to each state last week.

 

 

 

 

“Furthermore, in order to cushion the effect of food shortages across the country, the Federal Government has approved the sum of N5bn to be given to each state for the procurement of 100,000 bags of rice, 40,000 bags of maize, and fertilizers.

 

 

 

“This funding has to be shared with a formula as follows: 52 percent of this money is given to states as grants, while 48 per cent of the N5bn is to be paid back on an installment basis within a period of 20 months to the CBN by the states and the local government areas in Nigeria.

 

 

 

 

“The council commended the efforts of the Federal Government under the leadership of President Tinubu as well as the CBN. We have also commended the efforts of NEMA in cushioning the effects of the subsidy removal.

 

 

 

“Council has taken bold decisions in order to ensure speedy release of grains and other items in order to cushion the effects of subsidy removal on the less privileged in the society.’’

 

 

 

He noted that the council took bold decisions in order to ensure the speedy release of grains and other items for immediate distribution to the less privileged in society.

 

 

 

 

Shettima added, “The council has also taken note of the $800m loan and insists that it be strictly used for the intended purpose and based on an accurate and acceptable register. The $800m announced by the president will go to Nigerians in accordance with an accurate social register.

 

 

“Furthermore, the council has also noted the package that was announced by the President in order to cushion the effect of subsidy removal, amounting to about N500bn.

 

 

 

“This fund has to be distributed to the following sectors: MSMEs, industrial sector; about N125 billion will go for cash transfers, agricultural sector as well as gas expansion for buses.

 

 

 

 

“And because of the increasing cost of fossil fuel, the federal government intends to establish more gas stations in Nigeria and procure more gas-powered buses, CNG buses as well as electric buses.”

 

 

 

He said the council commended the efforts of the Federal Government and the CBN in addressing the current situation in the country.

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Oleksandr Usyk Defeats Tyson Fury Again, Solidifies Legacy Among Boxing Greats

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Oleksandr Usyk Defeats Tyson Fury Again, Solidifies Legacy Among Boxing Greats

Oleksandr Usyk Defeats Tyson Fury Again, Solidifies Legacy Among Boxing Greats

Ukrainian boxing sensation Oleksandr Usyk retained his heavyweight championship titles and cemented his place in boxing history with a unanimous decision victory over Britain’s Tyson Fury in their rematch on Saturday night.

The judges scored the bout 116-112 in Usyk’s favor across the board, marking his second consecutive win over Fury. This victory extended Usyk’s flawless professional record to 23-0, with 14 knockouts, adding another chapter to a career already highlighted by Olympic gold and an undisputed cruiserweight championship.

A Masterclass Performance

Usyk, 37, showcased his signature precision and relentless pace, repeatedly catching Fury with clean left hooks and dominating the latter stages of the fight. Fury, at 6ft 9in (206cm) and weighing a career-high 281 pounds, attempted to impose his physicality but was unable to break Usyk’s composure.

The fight, held in Saudi Arabia, saw Usyk wearing traditional Cossack attire during his entrance, while Fury entered the arena dressed in a festive Santa-inspired robe to Mariah Carey’s “All I Want For Christmas Is You.”

The early rounds were competitive, with Fury landing powerful jabs and body shots. However, Usyk’s endurance and tactical brilliance began to shine in the middle rounds. The Ukrainian landed sharp combinations and dictated the tempo, including a stunning uppercut in the final round that left little doubt about the outcome.

“I thought I’ve won both fights,” Fury said post-match, sporting a bruised right eye. “But I’ll always believe until the day I die that I won that fight.”

A Legacy Sealed

Usyk’s victory solidified his standing as one of the greatest heavyweights in history. Already the first undisputed heavyweight of the four-belt era, Usyk joins the ranks of legends like Muhammad Ali, Joe Louis, and Mike Tyson.

The bout, reported to have a prize purse of $190 million, also underscored Saudi Arabia’s growing influence in global sports. Usyk, who served briefly as a soldier during Russia’s invasion of Ukraine, celebrated his victory by hoisting a symbolic sabre belonging to Ukrainian nationalist hero Ivan Mazepa.

Fury’s Uncertain Future

The defeat leaves Fury’s future in doubt. Once unbeaten across 35 fights, Fury now stands at 34-2-1. His attempt to reclaim glory after a brief retirement in 2022 has been marred by back-to-back losses to Usyk.

Usyk, on the other hand, continues to add to his already remarkable resume, leaving fans and critics alike in awe of his technical skill, resilience, and determination. As the heavyweight division looks ahead, Usyk’s reign appears unshakable, and his place among boxing’s all-time greats is firmly secured.

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Testimony Jaga Redefines Gospel Music with Fuji Rhapsody

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Testimony Jaga Redefines Gospel Music with Fuji Rhapsody

Renowned gospel artist Testimony Jaga has set a new standard in the genre with the release of his highly anticipated album, Fuji Rhapsody. This innovative project masterfully blends the electrifying rhythms of Fuji music with uplifting gospel messages, offering a unique and transformative musical experience.
With a runtime of approximately one hour, Fuji Rhapsody takes listeners on a continuous, spiritually enriching journey, brimming with energy and inspiration. The album is available for streaming on popular platforms, including Spotify, iTunes, Audiomack, Boomplay, and more.
Whether you’re a fan of vibrant Fuji beats or seeking soul-stirring gospel tunes, Fuji Rhapsody is an album that promises to inspire and uplift. Press play and let its powerful melodies rejuvenate your spirit today!
Stream Fuji Rhapsody Here:

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Governor Monday Okpebholo C.O.N Celebrates His Grace, Bishop Desmond Osazuwa, on His Birthday – December 21

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His Excellency Governor Monday Okpebholo C.O.N Celebrates His Grace, Bishop Desmond Osazuwa, on His Birthday – December 21

 

The Governor of Edo State, Senator Monday Okpebholo C.O.N., has extended warm birthday wishes to His Grace, Bishop Desmond Osazuwa Amasihohu, in recognition of his remarkable contributions to the state and his unwavering support during the Governor’s electoral victory.

In a heartfelt message, Governor Okpebholo expressed his profound admiration for Bishop Amasihohu, acknowledging his steadfast leadership, spiritual guidance, and commitment to the well-being of the people of Edo State.

“I am delighted to celebrate Bishop Desmond Osazuwa on his special day,” the Governor stated. “His tireless prayers and invaluable support during my election campaign played a significant role in our collective success. His dedication to the spiritual and physical growth of Edo State is a testament to his purposeful leadership and unwavering faith.”

Reflecting on the Bishop’s years of service, the Governor added, “On behalf of my family and the entire Edo State, I extend my heartfelt congratulations and best wishes to Bishop Desmond Amasihohu on his birthday. He is a true son of Edo, whose contributions continue to enrich our lives. Today, we celebrate not just his birthday but also his enduring impact on our state and beyond.”

Governor Okpebholo emphasized the importance of honoring individuals who dedicate their lives to service. “Recognizing Bishop Desmond Osazuwa aligns with our shared values of inclusivity, unity, and gratitude. His contributions to the spiritual and social fabric of Edo State are invaluable, and we are truly blessed to have him among us.”

Bishop Desmond Osazuwa Amasihohu has spent decades spreading the gospel and transforming lives both within Edo State and across the globe. His birthday celebration drew dignitaries, community leaders, and well-wishers who gathered to honor his life and legacy.

The occasion stands as a powerful reminder of the values of faith, service, and unity that guide the Governor’s vision for a stronger Edo State.

“Happy birthday, my Bishop,” Governor Okpebholo concluded. “Your wisdom and contributions to the development of our state are deeply appreciated. May the Lord Almighty bless you with good health, strength, and continued prosperity.”

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