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Bear with me, local refineries will begin production soon— Tinubu begs Nigerians again

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President Bola Tinubu has once again pleaded with Nigerians to bear with him in the face of the hardship they are going through as a result of the sudden removal of fuel subsidy in his inaugural speech on May 29, without adequate palliative measures put on ground.

President Tinubu who, on different occasions, has called on Nigerians to bear the pains his administration has inflicted on them saying they are only temporary, once again reiterated that the four refineries in the country would soon commence operations for the production of petroleum products which would bring succour to the people.

During his maiden speech, Tinubu had also vowed to do everything possible to see that one of the biggest local refineries located in Port Harcourt would recommence operations by December 2023; but with a month to the end of the year, anxiety is building as to whether it would be yet another failed promise.

However, during the 11th Convocation ceremony of the Michael Okpara University of Agriculture Umudike (MOUAU) on Saturday, Tinubu once again promised that not only would he do all it took to fix the refineries, but that they would soon resume optimum production which would ultimately bring down the high cost of petroleum products in the country.

“Very soon, some of our local refineries will start production, and the current exorbitant prices of fuel energy will be greatly reduced,” Tinubu said through his representative, the Executive Secretary, Agricultural Research Council of Nigeria, Professor Garba Sharubutu.

Acknowledging the economic hardship in the country, Tinubu appealed for patience and continued support from Nigerians for his administration as efforts were made to address the challenges in the country.

“Bear with us and remain resolutely in support of this administration, as we would leave no stone unturned in reversing the severe hardships that our people are currently passing through.

“Part of the supplementary budget that the Parliament has approved will be applied to bring interventions to critical segments of the agricultural sector.

“The burden of insecurity is clearly a major challenge in Nigeria, but I assure you that in no distant time, it will become history,” he added.

The previous day, the Group Managing Director of state-owned oil firm, the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, had also announced that the country would end the importation of refined petroleum products by December 2024, while briefing lawmakers on steps being taken by the corporation to achieve the deadline.

Kyari said that all the four refineries in the country located in Port Harcourt, Warri and Kaduna would be operational by then.

“I can confirm to you that by the end of December this year, we will start the Port Harcourt refinery; early in the first quarter of 2024, we will start the Warri refinery; and by the end of 2024, Kaduna refinery will come into operation.

“We will no longer be talking about fuel importation by the end of 2024. I am very optimistic that this will crystallize,” he had said.

Metro

MCC grants Zambia $458m compact deal to boost agro-business

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The Millennium Challenge Corporation (MCC) has granted Zambia a compact of $458 million following more than $377 million in previous grant funding.

MCC Principal Deputy Vice President, Kyeh Kim made the announcement on at the MCC Headquarters in Washington, D.C., while celebrating the completed negotiations, while Charles Tembo, the First Secretary for Press and Public Relations at the Zambian Embassy in Washington, D.C., relayed the information to the African country.

In a statement, Kim highlighted that the deal was the fastest ever negotiated in MCC’s history and praised the Zambian government for its dedication to improving the lives of its people.

“This will continue to push for the prosperity of the Zambian people. The compact started about three years ago. I am hopeful that the agriculture sector will improve agro-business,” she said.

She further expressed confidence that the collaboration between MCC and Zambia would yield positive results and emphasized the importance of maintaining the same spirit and cooperation during the implementation process.

Secretary to the Zambian Treasury, Felix Nkulukusa, noted that the preparations and commitment from both MCC and Zambia demonstrated a strong desire to foster economic growth.

“We are sure that the implementation will be in the shortest time. The first compact taught us valuable lessons, and we are confident that the second compact will be implemented even more effectively,” Nkulukusa said.

Zambia’s Ambassador to the United States, Chibamba Kanyama, also expressed optimism that the renewal of AGOA would enable Zambia to increase its agricultural exports.

“The proposed compact is anticipated to target the agriculture and agro-processing sectors, which have been identified as the most promising areas to unlock inclusive economic growth,” Kanyama statec.

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Metro

#EndBadGovernance Protests: Please be patient with Tinubu’s govt, monarchs beg Nigerian youths

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Some prominent traditional rulers in Nigeria have pleaded with Nigerian youths and organizers of the planned nationwide #EndBadGovernance protests scheduled to commence on August 1 to be patient with the President Bola Tinubu administration as the president was working hard to make the country better.

The monarchs, who made the plea following a meeting with Tinubu on Thursday at the Presidential Villa in Abuja, called for calm over the planned nationwide protest meant to demonstrate against the prevailing economic hardship in Nigeria.

President Tinubu had called for the emergency meeting with state governors on the platform of the All Progressives Congress (APC),
prominent traditional rulers and Islamic religious scholars known as Ulamas, as part of efforts by the government to ensure the planned hunger protests is averted.

The protests which are being organised under the hashtag #EndBadGovernance, have gained significant traction on social media prompting the government to engage the traditional rulers urging them to talk to their subjects to shelve the protests.

After the meeting, the revered monarchs including the Sultan of Sokoto, Muhammad Sa’ad Abubakar III, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Emir of Zazzau, Ahmed Bamalli, and Dein of Agbor Kingdom, Ikenchukwu Keagborokuzi I, pleaded with Nigerians to give the government time to make things work in the country.

“The President has said, ‘any leader that you don’t like, wait (until 2027) and vote him out.’ He is open to dialogue. We know that Nigeria faces many challenges. But are we going to destroy our nation by ourselves? Is that what we are all after?” Oba Ogunwusi who co-chairs the National Council of Traditional Rulers of Nigeria, said.

“It is very difficult to build, but it is the easiest to destroy. We are all stakeholders in this country and are stronger as a nation than individually.

“We should talk to ourselves. We need to know that today, it’s a completely different spin. The government, ably led by the President, is willing to engage and dialogue and bring governance very close to the people.

“People that are out there to protest, it is their civic right. But let them put a face to it and don’t let it be hijacked by people that have ulterior motives. That is our stand.

“We the traditional rulers are not in support of people, especially youths, coming out to loot and break down law and order. We condemn such acts fully. We are parents, we are traditional rulers, and we are closer to them (youths). We are going to go back home and continue to engage them.”

On his part, the Emir of Zazzau said traditional rulers were worried about the protests, adding that they could shut down the country.

“There’s nobody who will not be worried about the protests; we’ve seen what has happened in other climes, where governments had been brought down.

“As an ex-diplomat, I have seen what happened in other climes and that is why I am in the position to say what happened in other places.”

“We have made it very clear to President Tinubu that the main problem in this country, especially the north, is insecurity. If the security situation is addressed, certainly people will go back to their farms and the issue of hunger will drastically reduce and disappear,” Bamalli added, urging Nigerians to exercise patience and to listen to the words of wisdom.

“We are very optimistic Nigeria will bounce back to its former position as the leading country in Africa.”

The Dein of Agbor Kingdom also appealed to Nigerian youths to work with the FG using all available opportunities.

“Hearing from Mr. President directly, the take-home message for me is that I can see the passion. But at the same time, I think the government finally understands we are at the precipice.

“We will listen to our youths because they lead the future. The power and strength of Nigeria certainly lie with the young people. We feel your pain. I’m a young person myself.

“It’s been 24 years since I’ve started seeing the nation going in a very unpalatable direction. This protest, I know that it’s very tight in our neck, but let us not destroy our own country,” said the traditional ruler.

“Think of Libya. Libya was a beautiful country; what has happened to Libya, we don’t want it to happen here.

“Let’s go home. Let’s continue to strive to be the best that we can and continue to work with the government to see if we can offer some solutions.

“I think that that would be best rather than to destroy property or injure ourselves,” he advised.

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