SUBSIDY IS GONE.... SUBSIDY IS BACK!

ZION B-BC

 NEWSLETTER.   

 

 A Publication of the Zion Faith Bible-Believing Church Kpeyegyi Abuja Nigeria.  {Vol. 12. NO 531. 15th October 2023.} “…ONLY The Truth, Will Set You Free! (John.8:32).  PRAY & FAST EVERY WEDNESDAY TO STOP BLOODSHED IN NIGERIA!

 

SUBSIDY IS GONE.... SUBSIDY IS BACK!

Nigerians will for a long time find it very difficult to come to terms with the contentious and sudden issue of petroleum subsidy removal!

The number one man on the day of his investiture committed policy error on a very delicate and sensitive issue to which no palliatives was in place to cushion negative socio-economic effects on the life of an entire population of over 220 million citizens of the vast country! 

Presently across the entire six geo-political zones of the country, there is scarcity of petroleum products especially the Premium Motor Spirit (PMS), popularly called Petrol although there are no long queues but the reasons are not far-fetched,!

International pump prices have skyrocketed to beyond NGN950 naira per litre because of the persistent Russia-Ukraine War, Afghanistan, Iran uprisings and now Gaza- Israel!  However, having unprofessionally pegged the new astronomical prices of "unsubsidized" petrol at NGN617naira from NGN195 naira - not excluding diesel which price hovers between NGN1400-1500  naira, INTERNATIONAL MARKET FORCES, was no longer of any effect and Mr. 'Bola Tinubu and his confused economic advisers have to swallow their pride and held on to NGN615 naira per litre which MUST be subsided!

QUESTION: WHAT OR WHO IS INTERNATIONAL MARKET FORCES? PRESIDENT TINIBU OR NNPCL?

As the organised Labor - NLC-TUC warmed up for a national showdown, of an indefinite nation-wide strike, the Nigerian National Petroleum Corporation Limited, hurriedly announced that Nigeria's PMS pump price remained NGN615 naira per litre! "Subsidy is gone? But Subsidy is back through the BACK DOOR" because the NNPCL -  sole importer of petroleum products would definitely pay the differentials!

CAN ANYONE GIVE OUT WHAT HE DOES NOT POSSES OR BUILD SOMETHING ON NOTHING? NO!!

 One month ago when international market forces pushed prices to between NGN800 -850 naira the Group Managing Director (GMD);of the NNPCL panicky announced that pump price of petrol in Nigeria remained NGN615 naira! But sooner than later, the whole unholy and illicit racket of decades of the SUBSIDY SCAM would burst open scandalously and heads will roll!

President Tinubu has nothing to offer Nigeria! He should bow out voluntarily if he is honourable!

ANOTHER SHOW OF OFFICIAL IMPUNITY AND INSENSIVITY BY 'BOLA TINUBU & HIS CABAL OF SADISTS IN GOVERNMENT!

At the last count Tinubu has officially employed over 50 ministers over 25 special advisers and has moved on to dish out juicy appointments to heads of Ministries, Departments, Agencies and parastatals who would not work for free!

Please find below press releases from the State House, Abuja, signed by Ajuri Ngelale, who is still clinging on to his job in spite of all display of incompetence!

Tinubu appoints new heads for CAC, SMEDAN, others

President Bola Tinubu on Friday 13th October, 2023 approved the appointment of new  Chief Executive Officers of some agencies and parastatals under the Federal Ministry of Industry, Trade, and Investment.

In a statement released on Friday by the President’s Special Adviser (Media & Publicity), Ajuri Ngelale, the appointment is in line with Tinubu’s resolve to base Nigeria’s economic revival on the foundation of trade expansion through small, medium, and large-scale industry facilitation in the country. 

The appointments take immediate effect.

Those appointed are, Hussaini Ishaq Magaji, SAN -Corporate Affairs Commission;  Afiz Ogun Oluwatoyin -Industrial Training Fund; Kamar Bakrin- National Sugar Development Council; Olufemi Ogunyemi- Nigeria Export Processing Zone Authority; and Nonye Ayeni -Nigeria Export Promotion Council.

Others are,  Aisha Rimi-Nigeria Investment Promotion Commission; Bamanga Usman Jada- Oil & Gas Free Zone Authority; Charles Odii- Small & Medium Enterprises Development Agency of Nigeria; Ifeanyi Chukwunonso Okeke- Standards Organisation of Nigeria; Rabiu Olowo-Financial Reporting Council of Nigeria; Anthony Atuche, CFA – Nigeria Commodities Exchange; Veronica Safiya Ndanusa- Lagos International Trade Fair Complex; Lucia Shittu-Tafawa Balewa Square Management Board; and Oluwemimo Joseph Osanipin- National Automotive Design and Development Council

The statement added that “President Bola Tinubu expects all new appointees in this critical sector to optimally deliver in accordance with new key performance indicating benchmarks as established by the Federal Ministry of Industry, Trade, and Investment”.

President Tinubu Appoints New Leadership Across the Communication, Innovation and Digital Economy Sectors

President Bola Tinubu has approved the appointment of new and returning Chief Executives to fresh terms in office across multiple agencies under the Federal Ministry of Communications, Innovation, and Digital Economy:

1) EVC / CEO, Nigerian Communications Commission (NCC) — Aminu Maida

2) MD / CEO, Nigerian Communications Satellite Limited (NIGCOMSAT) — Nkechi Egerton-Idehen

3) DG / CEO, National Information Technology Development Agency (NITDA) — Kashifu Inuwa Abdullahi

4) National Commissioner / CEO, Nigeria Data Protection Commission (NDPC) — Dr. Vincent Olatunji

5) Postmaster General / CEO, Nigerian Postal Service (NIPOST) — Tola Odeyemi

Furthermore, in line with President Bola Tinubu’s determination to maximally leverage on Nigeria’s proven technological and digital economic prowess to reposition the nation’s economy toward greater financial inclusion, the President has approved the appointment of a new Special Adviser to the President.

Special Adviser to the President on Technology and Digital Economy — Idris Alubankudi

By this directive of the President, the above-mentioned appointments take immediate effect.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

October 11, 2023

THE LATEST NATIONAL BUREAU OF STATISTICS (NBS) REPORT ON NATIONAL DEBT!

What is the total debt burden of Nigeria?

The Debt Management Office (DMO), stated, “Nigeria's total public debt stock as at June 30, 2023, was N87. 38tn ($113.42bn). It comprises the total domestic and external debts of the Federal Government of Nigeria, the thirty-six states, and the Federal Capital Territory. “The major addition to the Public Debt Stock was the inclusion of the N22.15 Sept 2023!

This is a 75% increase of additional debt burden in THREE MONTHS and yet Tinubu is ready to BORROW AND PAY SALARIES AND ALLOWANCES to his retinue of political jobbers but he will not succeed! Nigerian People demand for A UNICAMERAL PARLIAMENTARY SYSTEM OF GOVERNMENT OF PARLIAMENTARIANS WHO WILL WORK ON PART-TIME BASIS UNDER A PRIME MINISTER THROUGH A POPULAR REFERENDUM !

IT IS TIME TO CAST OUT TINUBU AND HIS COHORTS FOR NIGERIANS TO FREELY CHOOSE THEIR PREFERRED LEADERS!

"When the righteous are in authority, the people rejoice: But when the wicked beareth rule, the people mourn. (Proverbs.29:2).

 [WATCH OUT FOR A NIGERIAN PRIME MINISTER – NOT A PRESIDENT IN 2023!]

Please look forward to more divine revelation in the next edition of Zion B-BC Newsletter as you share this with friends and remain blessed in the Lord. [For weekly access, to this newsletter, log on to:  facebook.com/zionfaithbible.believingchurch or http://www.zfbbc1.blogspot.com, 

Please look forward to divine revelations in  The Sure Word Gospel Tracts, Our divinely inspired books on the Amazon KINDLE Store Namely: The Unbroken Chain of Grace, Nigeria’s Pot Pourri (Volumes 1-5), Godly Politicking For World Peace,  and The Wedding Mascot Died

If you have not accepted the Lord Jesus Christ as your personal Lord and Saviour, don’t miss this great opportunity as you pray  this prayer: Lord Jesus; I confess that I am a sinner who needs to be saved through the grace of the New Testament in your Blood, shed on the Cross at Calvary; I renounce every sin in my life and accept you as my Lord and personal Saviour. Please forgive me and write my name in the Book of Life. Amen. If you prayed this prayer, you have been admitted into the family of sons and daughters of God, who are born-again. Congratulations! 

 I am, yours sincerely, THE WATCHMAN Dr. David B.A. Olufon, Resident Pastor and Editor. 08130669886, 08080243066. g-mail-dvdolufon@gmail.