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Lawan Expresses Dissatisfaction Over Oil Theft In Nigeria

Senate President Ahmad Lawan has expressed dissatisfaction about oil theft in Nigeria, describing perpetrators as the country’s “biggest enemies”.

The lawmaker said this on Friday, October 7, during the presentation of the 2023 budget proposal at the National Assembly.

Read Also: President Muhammadu Buhari Presents 2023 Appropriation Bill Today

He said;

Mr. President, I consider the oil thieves the worst enemies of our country. The thieves have declared war on our country and our people.

I strongly feel that if we do not take the necessary measures to stop the thieves immediately, our economy will be devastated, as efforts to provide infrastructure and diversification of the economy would both be thwarted.

It is time to take drastic and desperate measures against the thieves.

‘The Situation Has Worsened’

According to him, while the country is battling to generate revenue, crude oil theft is a setback to getting the needed money for developmental projects.

Read Also: Rivers Govt Withdraws Criminal Charges Against Amaechi, Others

Lawan noted;

Mr President, our economy is still challenged by that of revenue. The main source of revenue for the Nigerian government is oil and gas. We always consider the diversification of our economy as crucial and it is indeed crucial.

The idea of deploying our revenues from oil and gas to support the diversification into the real sectors like agriculture, manufacturing, mining, etc. is now under serious threat. The large scale and massive stealing of our oil are concerning as this reduces drastically the revenues available to the government.

He added;

With conflicting figures, projections have put our losses from this malaise at between 700,000 to 900,000 barrels of crude oil per day, leading to about 29-35 percent losses in oil revenue in the first quarter of 2022.

This represents an estimated total fall from N1.1 trillion recorded in the last quarter of 2021 to N790 billion in the first quarter of this year.

The situation has worsened. Recently, the loss of our oil has reached one million barrels per day. Translated into monetary terms, our loss is monumental. The figures show we are not able to meet the OPEC daily quota of 1.8 million barrels per day.

Politics

Atiku Will Surely Contest For Presidency In 2027 – PDP Campaign Spokesman

Latest Politics updatein nigeria

Daniel Bwala, a spokesman for the Peoples Democratic Party, PDP, 2023 Presidential Campaign Organisation, has said Atiku Abubakar would contest again in 2027.

Lifestyle Nigeria reports that Bwala stated that Atiku was the president nigeria needed because he understands how the private sector works.

Bwala, while featuring on Channels TV, Bwala said, “Sure, he would run. He has the capacity, he has the wisdom, he has the knowledge, he has the energy.

“And he is a president we never had. Because to be honest with you, if any politician understands the private sector very well, it is Atiku Abubakar and our economy can only come alive if there is a private sector-led economy.

“He’s the president the country is missing because of his experience and capacity.”

Atiku has failed in his six attempts to rule nigeria (in 1993, 2007, 2011, 2015, 2019, and 2023).

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Empathy Gap? Labour Criticizes Tinubu’s New Year’s Address for Tone-Deafness

Latest Politics updatein nigeria

Labour Party Tinubu

The Labour Party (LP) says President Bola Tinubu’s New Year’s broadcast to Nigerians lacks empathy.

Tinubu, in his nationwide broadcast to Nigerians on Monday, urged the citizens not to falter despite the tough times and difficulties they face.

“Dear Compatriots, take this from me: the time may be rough and tough, however, our spirit must remain unbowed because tough times never last. We are made for this period, never to flinch, never to falter,” President Tinubu said.

Reacting in a statement on Monday, the LP National Publicity Secretary, Obiora Ifoh, said the “speech conveyed to Nigerians the high level of hypocrisy, deceit and lack of empathy which has become the guiding principle of the All Progressives Congress administration which Tinubu leads.”

“The President’s helplessness in the face of his glaring failure to address the critical issues of insecurity, decayed infrastructure, the collapse of the manufacturing and productive sectors, inflation and the Naira to Dollar exchange rate which is spiraling out of control is written all over the speech.”

According to the party, there was no word about the alleged massive looting of the nation’s resources by appointees and party leaders in various sectors.

“How does his ill advised decision on fuel Subsidy removal without a plan to ameliorate the suffering of Nigerians translate into an action taken in the national interest?

“Of what benefit was the millions of the nation’s dwindling foreign reserves frittered away under the guise of attending the climate change summit in Dubai to Nigerians?

“How do we begin to repair the damage being done to our democratic institutions such as the Judiciary, the Independent National Electoral Commission, INEC among others by the APC Administration?

“While we call for prayers for our nation in this critical point of our history, we will continue to call on the National Assembly to look beyond party lines and ensure that the spirit and the letter of our constitution is upheld at all times,” he stated.

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PDP Pans Tinubu’s New Year’s Speech as “Deceitful Promises”

Latest Politics updatein nigeria

Tinubu Niger Republic

The opposition People’s Democratic Party (PDP) launched a scathing attack on President Bola Tinubu’s New Year’s address, labeling it a “harvest of deceit, false claims and empty promises.”

In a statement issued by its National Publicity Secretary, Debo Ologunagba, the PDP described the speech as uninspiring and a waste of time, failing to address any crucial issues plaguing the nation.

“Nigerians were dismayed by President Tinubu’s reliance on empty rhetoric,” the PDP charged, “while neglecting critical issues like the biting insecurity, crumbling infrastructure, ailing manufacturing and productive sectors, the suffocating 28% inflation rate, the Naira’s freefall, alarming unemployment, and widespread poverty fueled by the reckless and insensitive policies of his administration.”

He added that Tinubu’s statement that his actions and policies are in the interest of the nation further confirmed that this administration is allegedly subjecting Nigerians to hardship as a way to suppress them to surrender to totalitarianism.

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