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2019: Peter Obi reveals what will happen if Buhari defeats Atiku

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Peter Obi, the Vice Presidential candidate of the Peoples Democratic Party (PDP), has claimed Nigeria’s economy will keep “bleeding”, if President Muhammadu Buhari remains in power for another four years.

Speaking in Lagos on Saturday, Obi made reference to the 2019 budget Buhari presented to the National Assembly on Wednesday.

According to him, Nigeria will not survive if Buhari’s goes ahead with plans to tax “poor Nigerians”, in line with provisions of the proposed budget which is largely focused on debt servicing.

“We need to know where we are going as a nation but with Buhari at the helms of affairs; we do not know where we are going. Buhari is not in charge of this government as he does not know or care what the poor people are going through.

“Nigerians are currently the poorest people on earth, yet the Muhammadu Buhari administration of the All Progressives Congress (APC) is still looking at taxing them the more.

“Take look at the budget presented by the President a few days ago and you will see that it does not give anyone hope instead, it tells us that we are still where we have always been.

“A quarter of the budget is meant to service debts, and that is about 60% of the budget while the President keeps telling Nigerians to tighten their belts because of the harsh times staring at us in the future.

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“Does that give anyone confidence in this government? Not at all, I dare say. While presenting the budget, he said that the government is looking for ways to tax Nigerians the more. What are you taxing the poor people for?

“Does that give any one of us hope in this government? That means that if we keep them for the next four years, we are finished,” he said.

Outlining what Atiku Abubakar, PDP presidential candidate, will do to “reverse the situation” if elected to power, Obi said focus will be placed on reviving small and medium enterprises (SMEs).

“We know the situation looks gloomy but we are not scared of going in to salvage the country. The situation with Nigeria is like an accident victim. The first thing to do in such a situation is to stop the bleeding first by applying first aid before the real treatment.

“Unless the right steps are taken to stop the bleeding, we will still be where we have been for years.

“It’s going to be difficult but we know where we are going and what we are going to do. To put the Nigerian economy back on a sound footing, we have to take a holistic look at SMEs because only then will you rescue the dwindling economy.

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“We need to change the way we do things in this country if we ever hope to come out of this economic quagmire we have found ourselves in. We must change the way we do things in this country or we will continue to grope in the dark,” Obi added.

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Rainstorm plunges forty Ogun communities into darkness

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Forty communities in Ogun State have been plunged into darkness following a rainstorm on Sunday.

The downpour, which began midday, destroyed electricity facilities in some parts of the state, leading to a blackout.

“Due to broken poles occasioned by the heavy downpour at Ota and Mowe, customers in the following communities: lyana lyesi, Osuke Town, Egan Road, lyana Ilogbo, Ijaba, Ijagba, Itele, Lafenwa, Singer, Joju, Alishiba, Oju Ore, Tollgate, Eledi, Akeja, Abebi, Osi Round About, Ota Town, Ota Industrial Estate, Igberen, lju, Atan, Onipanu, Obasanjo, Lusada, Arigba, Odugbe, Ado-Odo, Igbesa, Owode,” the Ibadan Electricity Distribution Company (IBEDC) said in a statement late Sunday.

“Olokuta, Hanushi, Bamtish Camp Lufiwape, Eltees Farm, August Engineering, Spark Cear Soap Ayetoro, Amazing Grace Oil, Christopher University, Royal Garden Estate, Pentagon Estate, and environs are experiencing power outages”.

It called on residents of the areas to avoid “contact with the broken poles, saggy wires or any other electrical installation affected by the rain.

“Our technical team is working to clear and replace the broken poles and installations to ensure power supply is restored as soon as possible,” IBEDC said.

A video circulating on social media showed fallen electricity poles on vehicles in a flooded Sango-Ota area of the state.

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Israel Vows To Increase ‘Military Pressure’ On Hamas In ‘Coming Days’

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(FILES) Israeli Prime Minister Benjamin Netanyahu (Photo by Abir SULTAN / POOL / AFP)

Prime Minister Benjamin Netanyahu on Sunday said Israel will increase “military pressure” on Palestinian militant group Hamas in a bid to secure the release of hostages held in Gaza.

“In the coming days we will increase the military and political pressure on Hamas because this is the only way to free our hostages,” Netanyahu said in a video statement on the eve of the Jewish holiday of Passover, threatening to “deliver additional and painful blows” without specifying.

Despite an international outcry, Netanyahu has repeatedly said that the army will launch a ground assault on Rafah, a southern Gaza city so far spared an Israeli invasion where more than 1.5 million Palestinians have taken refuge.

The army has said some of the hostages abducted from southern Israel during Hamas’s October 7 attack that sparked the war were being held in Rafah.

Military spokesman Rear Admiral Daniel Hagari said in a televised statement later on Sunday that “the chief of staff has approved the next steps for the war,” without offering details.

“On Passover, it will be 200 days of captivity for the hostages… We will fight until you return home to us.”

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FG to Launch CNG Initiative Ahead of Tinubu’s Anniversary

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The presidency announced on Sunday that the Federal Government is gearing up to launch its compressed natural gas (CNG) initiative in May, coinciding with President Bola Tinubu’s upcoming first anniversary in office.

Tinubu had declared the end of the fuel subsidy era during his inauguration, a move that led to a surge in fuel prices.

However, he assured the public of implementing measures to mitigate the impact, including the introduction of CNG-powered mass transit buses and tricycles.

According to presidential aide, Bayo Onanuga, the initiative is now ready to be set in motion after nearly a year in the making.

Onanuga stated in a late Sunday statement, “In all, over 600 buses are targeted for production in the first phase that will be accomplished this year.”

He further elaborated on the plans, mentioning, “A new plant on the Lagos-Ibadan Expressway will assemble thousands of tricycles.”

Onanuga revealed that parts manufactured by Chinese company LUOJIA, in partnership with local entities, are en route to Nigeria and expected to arrive early in May.

He added, “About 2,500 of the tricycles will be ready before May 29, 2024.”

The Federal Government aims to procure “5,500 CNG vehicles (buses and tricycles), 100 Electric buses, and over 20,000 CNG conversion kits,” Onanuga explained.

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He also highlighted efforts to facilitate the development of CNG refilling stations and electric charging stations.

President Tinubu’s approval of tax and duty waivers in December 2023 has paved the way for collaboration with the private sector to advance the initiative.

Onanuga noted, “The private sector has responded with over $50 million in actual investments in refueling stations, conversion centers, and mother stations.”

Additionally, plans are underway to assist petrol-powered buses and taxis in transitioning to CNG. Onanuga assured, “Thousands of conversion kits for petrol-powered buses and taxis that want to migrate to CNG are also ready with CNG cylinders.”

In response to negotiations with labour unions over the subsidy removal effects, Tinubu has urged patience from Nigerians, expressing confidence in the long-term benefits of his reforms.

As part of the government’s efforts, a package includes a temporary pay increase for federal employees, suspension of VAT on diesel, and social security cash transfers to the poorest citizens.

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