Tinubu Defends Subsidy Removal, Seeks N500bn Approval from House for Palliatives Says policy to benefit majority of Nigerians Deji Elumoye, Ndubuisi Francis and Juliet Akoje in Abuja
President Bola Tinubu yesterday defended his decision to remove petrol subsidy, just as yesterday,
Declares he's aware people going through hard times
he requested the House of Representatives to amend the 2022 Supplementary Appropriation Act in
order to accommodate N500 billion for palliatives to vulnerable Nigerians. The president in a letter addressed
to the Speaker of the House, Abbas Tajuudeen, which was read at plenary yesterday, said the amendment was
to extract N500 billion from the 2022 Continued on page 10
Alleged N13.5bn Debt: You Lied, There Was No Supreme Court Judgement in Your Favour, Honeywell Group Replies Ecobank... Page 8 Thursday 13 July, 2023 Vol 28. No 10319. Price: N250
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Military Plans Offensive against Lx Terrorists, Bandits in Zamfara, Plateau, Kaduna, Benue GOVERNORS OF CLASS 99 VISIT TINUBU... L-R: Former governors Sam Egwu (Ebonyi), Adamu Aliero (Kebbi), Orji Kalu (Abia), Bisi Akande (Osun), and Segun Osoba (Ogun); Chief of Staff to the President, Femi Gbajabiamila; former Governor George Akume (Benue); President Bola Ahmed Tinubu; former governors Lucky Igbenedion (Edo), Niyi Adebayo (Ekiti), Victor Attah (Akwa Ibom) and Saminu Turaki (Jigawa); L-R from the rear: Former governors Chimaroke Nnamani (Enugu), Jolly Nyame (Taraba), Joshua Dariye (Plateau), Donald Duke (Cross River), Adamu Muazu (Bauchi), PHOTO: GODWIN OMOIGUI Yerima Ahmed Sani (Zamfara), Attahiru Bafarawa (Kano) and James Ibori (Delta), during the courtesy visit of governors of ’99 class to the President at the Presidential Villa, Abuja …yesterday
The military high command, yesterday, hinted at plans to launch a comprehensive military offensive against non-state actors responsible for killings in Zamfara, Plateau, and Benue states, as well as Southern Continued on page 10
Komolafe: There’s Now Regulatory Certainty in Oil, Gas Sector Says oil rigs count on the rise, now 25 Reveals $880m, 40% of $2.2bn lost to crude oil metering errors in 2022 NNPC: Nigeria expecting $20bn FDIs in upstream oil, gas sector by 2024 Country redeems $500m Eurobond obligation to international creditors IOCs demand fiscal incentives, enabling business environment Ndubuisi Francis, Emmanuel Addeh, Peter Uzoho and Juliet Akoje in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
yesterday, announced that the gradual return of investments to the upstream sector has led to the increase of the country's oil rig count to 25, up from Continued on page 10
RECEIVED BY THE PRESIDENT... The Acting EFCC Chairman, Mr Abdulkarim Chukkol (left) being welcomed by President Bola Ahmed Tinubu to his office at the PHOTO: GODWIN OMOIGUI Presidential Villa, Abuja...yesterday