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”It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.” – President Buhari

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Nigeria’s President, Muhammed Buhari, has stated that ”It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia”.

The President made this known in his message to Nigerians on the celebration of the county’s 60th Independence Day Anniversary.

Read excerpts from the post below ;

Fellow Nigerians,

​I speak to you today as your President and fellow citizen on this epoch occasion of our country’s 60th independence Anniversary.

Fellow Nigerians, to achieve the great country we desire, we need to solidify our strength, increase our commitment and encourage ourselves to do that which is right and proper even when no one is watching.

As a government, we remain committed to our constitutional oath of securing the lives and properties of the citizenry. I, however, call on the citizenry to also support government by providing the necessary community level intelligence in addressing these challenges.

Sixty years of nationhood provides an opportunity to ask ourselves questions on the extent to which we have sustained the aspirations of our founding fathers. Where did we do the right things?Are we on course? If not where did we stray and how can we remedy and retrace our steps?

Fellow Nigerians, in addition to public health challenges of working to contain the spread of the Coronavirus, we have suffered a significant drop in our foreign exchange earnings and internal revenues due to 40 per cent drop in oil prices and steep drop in economic activities, leading to a 60 per cent drop in government revenue.

Our government is grappling with the dual challenge of saving lives and livelihoods in face of drastically reduced resources.

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Fellow Nigerians, let us collectively resolve to continue our journey beyond the sixty years on the clear understanding that as a nation we are greater together than being smaller units of nationalities.

In this regard, sustaining the level of petroleum prices is no longer possible.

Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre.

A comparison with our neighbours will illustrate the point;

a.Chad which is an oil producing country charges N362 per litre

b.Niger, also an oil producing country sells 1 litre at N346.

c.In Ghana, another oil producing country, petroleum pump price is N326 per litre.

Fellow Nigerians, to achieve the great country we desire, we need to solidify our strength, increase our commitment and encourage ourselves to do that which is right and proper even when no one is watching.

Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre. It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.

By the special grace of God we shall come through any transient challenges

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Kensington Palace releases statement to mourn Prince William and Kate Middleton’s dog, Lupo

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Prince William and Kate Middleton have been left heartbroken after their dog Lupo died over the weekend.

 

The Duke and Duchess of Cambridge released a statement via their official Instagram account to mourn the dog.

 

Sharing a picture of their puppy, Kensington Palace wrote: “Very sadly last weekend our dear dog, Lupo, passed away. He has been at the heart of our family for the past nine years and we will miss him so much. – W & C”.

ALSO READ:  Fuel price increase: 'Nigeria’s revenue dropped by 65%' - Finance minister

 

Kensington Palace releases statement to mourn Prince William and Kate Middleton

 

Lupo featured in many pictures with the royals, including one of the first official photos of Prince George.

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Kensington Palace releases statement to mourn Prince William and Kate Middleton

 

The English cocker spaniel was bred from a dog which was owned by Michael and Carole Middleton, Kate’s parents.

 

He was given to the couple in 2011, and is believed to have helped them pick a name for Prince George.

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The couple are said to have written names on various pieces of paper and scattered them on the floor.

 

Lupo wandered through them, but stopped when he reached the name George.

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President Buhari receives Justice Ayo Salami-led probe panel report on suspended Acting Chairman of EFCC, Ibrahim Magu

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President Muhammadu Buhari on Friday November 20, received the report of the Justice Ayo Salami-led probe panel on alleged corruption charges against suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu.

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At the brief ceremony which was held at the Executive Council Chambers of the State House in Abuja, Justice Salami handed boxes of documents said to be volumes of the report to the President.

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Recall that after Magu was accused of corruption and abuse of office by the Attorney-General of the Federation, AGF and Minister of Justice, Abubakar Malami, the panel was constituted by President Buhari and given given 45 days to carry out the assignment. The time frame was however extended further after the panel requested for more time.

ALSO READ:  Fuel price increase: 'Nigeria’s revenue dropped by 65%' - Finance minister

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Nigerian police denies reports its officer shot newspaper vendor dead in Abuja

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The Federal Capital Territory (FCT) Police Command has denied reports that a policeman attached to Speaker Femi Gbajabiamila, fired the stray bullet that killed a newspaper vendor in Abuja on Thursday, November 19.

 

A statement released by the Public Relations Officer of the command, ASP Yusuf Mariam, preliminary investigation shows that the security agent who fired the shot was not a policeman as it has been widely reported.

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The statement reads

 

“The FCT Police Command wishes to unequivocally refute the allegation making round sections of the media that a Police officer attached to the convoy of the Speaker of the House of Representatives shot at a newspaper vendor within the Three Arm Zone on Thursday 19th November,2020.

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“Contrary to the misleading information, preliminary investigation into the unfortunate incident reveals that the security aide who shot at the vendor is not a member of the Nigeria Police Force.

“However, the Commissioner of Police FCT CP. Bala Ciroma has ordered a discreet investigation into the incident.

“While commiserating with the family and friends of the deceased, the Commissioner of Police wishes to guarantee members of the public that the Command will be lucid in its investigation and ensure the findings are made public.”

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