President Muhammadu Buhari on Friday advocated for the elimination of fuel subsidies in 2023, claiming that the current economic climate makes the policy unworkable.
The FidelinfoNews reports that while presenting the National Assembly with a N19.76 trillion budget proposal for 2023, he stated his position.
He said, “Petrol subsidy has been a recurring and controversial public policy issue in our country since the early eighties.
“However, its current fiscal impact has clearly shown that the policy is unsustainable. As a country, we must now confront this issue taking cognizance of the need to provide safety nets to cushion the attendant effects on some segments of society.”
According to the President, discontinuing the policy is necessary for the country to manage limited resources.
“As we seek to grow our government revenues, we must also focus on the efficiency of utilization of our limited resources,” he said.
“Critical steps we are taking include immediate implementation of additional measures towards reducing the cost of governance and the discontinuation of fuel subsidy in 2023 as announced earlier.”
The President, however, hinted that provisions would be made to cushion the effects of subsidy removal.
“We are however mindful of the fact that reducing government spending too drastically can be socially destabilizing, and so will continue to implement programmes to support the more vulnerable segments of society,” he said.
The N19.76 trillion proposed for the 2023 budget represents a 15.37 percent increase on the 2022 budget.
“O su wa”: A Symptom That Kwara PDP Is undergoing Political Depression- Soliu Mohammed
The adoption of “O su wa” as campaign slogan by the Kwara State PDP is unarguably a symptom that they are going through what is called Political Depression, a recent topic that is gaining global interests among political scientists and clinical psychologists.
O sun mi (singular) meaning I’m “fed up” O sun wa (plural) “we are fed up” a term commonly expressed out of frustration due to successive failures of attempts at a particular endeavour or when life is generally perceived to be hopelessly unfavourable to an individual or group; a symptom indicating such an individual or group is undergoing or prone to depression. So if Kwara PDP chose to adopt such a slogan too, it means they are exhibiting a symptom of depression or Political Depression in this case.
Simply put, Depression is a state of mind producing serious, long-term lowering of enjoyment of life or inability to visualize a happy future.
By extension, Political Depression involves thinking and feeling like we no longer have control over our destiny. Dr. Robert Lusson in his article on Political Depression says: “Political depression may be partially driven by the fear that one may be materially harmed or socially excluded by conditions beyond one’s control.” Political Depression is an “…intense feelings of helplessness, grief and anxiety which occurs due to distressing social and political events.”
These brief definitions of Political Depression above simply encapsulate and point directly to the current psychological reality the members of Kwara State PDP are going through.
“Depression is a state of mind producing serious, long-term lowering of enjoyment of life or inability to visualize a happy future.” This is not far from the current situation of Kwara PDP, because their “enjoyment of life has been lowered” due to their inaccessibility to Kwara State fund which has been their cash cow for all manners of luxury life they lived. Hence their lack of enjoyment has created a fear in them and impaired their vision of living a “happy future”, a fear that the APC Abdurahman Abdulrazaq will rule the state in the next four years God willing, thereby dashing away the hope of PDP living a happy life anytime soon.
Dr. Lusson further posits that Political Depression “may be partially driven by the fear that one may be materially harmed or socially excluded by conditions beyond one’s control.” Of course, there’s no doubt that the Kwara PDP led by Bukola Saraki to the last members are gripped by the fear that they may be materially endangered and socially excluded from schemes of things in the state because they no longer control the political power both at the national and the state level.
Political Depression is an “…intense feelings of helplessness, grief and anxiety which occurs due to distressing social and political events.” Obviously there are many political events capable enough to cause intense feelings of helplessness, grief and anxiety for Bukola Saraki and the Kwara PDP…
From losing the 2019 PDP primary to Atiku after coming a distance third with 317 votes, coupled with the “O to ge” political revolution that dismantled the Saraki dynasty, marking the beginning of the diminishing sociopolitical relevance of Bukola both at the national and state level, to also of recent, all the manipulative efforts by Bukola Saraki to secure the PDP 2023 Presidential ticket and later to be the DG of Atiku Abubakar all hit brick wall, which compounded Bukolas’s political predicaments.
Therefore, these series of political events are bad enough to create frustration, helplessness and hopelessness for the PDP Leader in the state and his followers, hence the reason for adopting “O su wa” as a campaign slogan, a symptom that they are battling with some psychological deficiency, because it is only a political party who’s membership have mental case will say “O su wa” (they are fed up) with the ongoing unprecedented development of Kwara State by Mallam Abdurahman Abdulrazaq.
FG Has Recovered Over N120B From Crime Proceeds
Since the Bill on Proceeds of Crime Recovery Management was signed into law earlier this year by President Muhammadu Buhari, the Nigerian government claims to have recovered at least N120 billion as proceeds from criminal financial transactions.
Fidel Info reports that In Abuja on Wednesday, when the Environment Minister delivered the ministry’s scorecard for the Buhari administration, the Minister of Information, Alhaji Lai Mohammed, made the revelation during a press conference.
Mohammed said, “I have an update on the Proceeds of Crime (Recovery and Management) Act (POCA), 2022. In line with the new law, all relevant government agencies have now opened ‘A confiscated and Forfeiture Properties Account with the Central Bank of Nigeria (CBN).
“I can confirm that the Federal Government has realized over 120 billion Naira, among other currencies, from POCA.
“This money will be used to fund the completion of ongoing critical infrastructure projects in the country like the Second Niger Bridge as well as the Lagos-Ibadan and Abuja-Kano Expressways. We will continue to update you on this,” the Information Minister said.
Justice Ofili-Ajumogobia Reinstated As Federal High Court Judge
The National Judicial Council, NJC, has reinstated Justice Rita Ofili-Ajumogobia as a judge of the Federal High Court.
Fidel Info reports that the legal body based its decision on a court judgement that quashed a 15-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the embattled judge.
It will be recalled that the NJC had okayed Justice Ofili-Ajumogobia’s prosecution, following a petition dated December 28, 2017, which accused her of engaging in various acts considered to be in breach of the Code of Conduct of Judicial Officers.
Based on recommendation by the Council, President Muhammadu Buhari, on November 7, 2018, in the exercise of his constitutional power under Section 292 (1) (b) of the 1999 Constitution, as amended, dismissed Justice Ofili-Ajumogobia as a judge of the Federal High Court.
However, owing to an application by Justice Ofili-Ajumogobia, the trial high court, in a ruling it delivered on November 19, 2021, discharged the defendant of the charge against her.
The court placed reliance on a judgement that was delivered on November 28, 2019, in Suit No. FHC/ABJ/CS/638/2018, which quashed the NJC report that indicted the defendant.
Sequel to the court judgement, the NJC, at the end of a meeting it held on December 1, okayed the reinstatement of Justice Ofili-Ajumogobia to the bench, a directive that has been complied with by the Chief Judge of the High Court, Justice John Tsoho.
Justice Tsoho, in a circular that was sighted by Vanguard, said Justice Ofili-Ajumogobia’s reinstatement was with immediate effect.
The circular, dated December 5, read: “Your Lordships are by this Circular letter notified that at the Meeting of the National Judicial Council held on the 1st of December, 2022, the Council reinstated the Hon. Justice R. N. Ofili-Ajumogobia as a Judicial Officer.
“The reinstatement takes instant effect and there shall be consequential posting.”
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