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Nigeria’s President, Tinubu calls for ‘sacrifice’ over fuel subsidy removal

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President Bola Tinubu of Nigeria, during his Democracy Day speech on Monday, called for “sacrifices” in exchange for future investment.

President Tinubu in the speech said “I have painfully asked you, my compatriots, to sacrifice a little more for the survival of our country. For your trust and faith in us, I assure you that your sacrifice will not be in vain.”

“The government I lead will repay you with massive investments in transport infrastructure, education, regular electricity supply, healthcare and other public services,” he added.

The call for sacrifice is in wake of the removal of subsidy on petroleum products in Africa’s largest oil producer, making a liter of petrol increase from 190 naira (41 cents) to around 540 naira (1.17 dollars), a development that has led to mixed reactions across board and threats of industrial action by organised labour.

Some observers have argued that the hike in petrol price will put financial stress on the majority of Nigerians who depend on cheap petrol to power their businesses, as well as transportation, based on the poor state of public transit systems in the country.

The state-owned Nigerian National Petroleum Corporation (NNPC) operates four refineries: two in Port Harcourt (PHRC), one each in Kaduna (KRPC), and Warri (WRPC). Despite several investments to revive the refineries, none of them has operated at full capacity for years.

Although Nigeria in its current fourth republic transitioned into democratic reign on May 29, 1999, the June 12 date which is now chosen as Nigeria’s National Democracy Day is in honour of the abortion, by military fiat, of the decisive victory of Chief Moshood Abiola who ran under the defunct Social Democratic Party (SDP) in the June 12, 1993 presidential election, an election widely adjudged to be the best in Nigeria’s history.

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South Africa: President Ramaphosa insists pause in power cuts not linked to election

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South African President, Cyril Ramaphosa, denied on Monday that a recent halt in the country’s long-running energy disruptions was due to the May 29 election.

Rolling power outages enforced by state utility Eskom reached record levels in 2023 and continued into the first quarter of this year, but there has now been no load-shedding, as South Africans refer to the cuts, for 48 straight days, the longest period in more than two years.

According to statistics collected by The Outlier, an independent South African publication specializing in public service data visualisations, power outages occurred every day over the same 48-day period last year.

The rapid improvement in power supply has become a talking point in South African media, prompting opposition charges that the timing was intended to boost voter contentment with the ruling African National Congress.

The ANC is expected to lose its legislative majority for the first time in 30 years, facing its most challenging election ever. According to Ramaphosa’s weekly communication, Eskom’s increased performance demonstrates the success of the government’s 2022 energy plan.

“Yet, against all the available evidence, some people have claimed that the reduced load-shedding is a political ploy ahead of the elections,” he said. “This is not borne out by the facts.”

Ramaphosa credited the improvement to Eskom’s renewed focus on maintenance, additional generation capacity from renewable energy projects, and increasing demand for rooftop solar panels, aided by tax breaks.

Last Monday, the Democratic Alliance, the largest opposition party, ascribed the improved power supply to “political interference” by the ANC, accusing it of exerting pressure on Eskom to keep the lights on.

“South Africans should not be fooled by this brazen abuse of power and they must act to decisively vote out the manipulators on the 29th of May,” it said in a statement on its website.

A key point of contention was whether Eskom was burning more diesel to enhance supplies, as claimed last week by the utility’s former CEO, Andre de Ruyter, who is openly hostile to the ANC.

“If the lights are on, well done, but they’re on because we are pouring money into diesel at a rate of knots,” de Ruyter, who stepped down in February 2023, told a conference in South Africa, in comments widely reported by local media.

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Niger’s Prime Minister claims Benin’s oil export blockage breaches accords

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Niger’s Prime Minister, Ali Mahaman Lamine Zeine, has claimed that Benin’s suspension of Niger’s oil shipments, imposed in reaction to a border shutdown, breached bilateral trade agreements as well as those with Niger’s Chinese partners.

Niger’s Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin’s blockade of Niger’s oil exports, imposed in response to a border closure, violated trade agreements between the two countries and with Niger’s Chinese partners.

Speaking at a press conference in the capital Niamey, Zeine said Niger could not fully reopen its border with Benin for security reasons, in comments that escalate a dispute that saw Benin this week block supplies of Niger’s crude oil to ships in its port.

The blockade threatens Niger’s plan to begin crude exports under a $400 million deal with China National Petroleum Corp (CNPET.UL). This is significant because Niger plans to use the funds from the export deal to cover missed bond payments due to regional sanctions.

Zeine claimed that the embargo breached over a dozen agreements signed by Benin, Niger, and China about a recently launched, PetroChina-backed pipeline connecting Niger’s Agadem oil field to Benin’s port of Cotonou.

However, Benin has stated that it will only back down if Niger reopens its border to Benin-produced goods and normalizes relations. According to Zeine, one of the oil export treaties stated that Benin could not unilaterally amend or limit the agreements without the assent of the other parties.

 

“This means that the country agreed not to take any decision that would stop the flow of Niger’s crude oil to the international market. This is serious. This is a violation of an agreement,” he said at a press conference.

 

The relationship between the two countries has been strained since July 2023, when a coup in Niger prompted ECOWAS to impose tight sanctions for over six months. What comes next is unclear. Zeine stated that Niger will not cooperate with Benin’s desire to reopen its border fully.

“In Benin’s territory, there are bases where in some, terrorists are trained to come and destabilise our country. So, it is for simple security reasons that we decided to maintain the border closure,” Zeine said, without further detailing the allegations.

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