Facts and fallacies of fuel subsidy

Umana Okon Umana, an economist, is the former governorship candidate of the All Progressives Congress (APC) in Akwa Ibom State. In this piece, he highlights the fallacies associated with the fuel subsidy and what can be done to guarantee regular fuel supply for domestic consumption.

Many boisterous and healthy debates have broken out on social media platforms and, indeed, other fora on the recently adjusted price of petrol. But quite unexpectedly, some of the arguments are grounded in myths. Here are a few and my attempt to burst them.

Democracy of Ebola - Pius Adesanmi

But for the lives we are losing in Nigeria and West Africa, I would have stated that I have fallen in love with Ebola. This virus is creating a strange, unfamiliar creature in Nigeria called responsible leadership. I doubt if there is any Nigerian in my generation who has ever witnessed responsible, hands-on, on-top-of-the-situation leadership in his or her entire adult life. What we are familiar with is an irresponsible leadership of escape into an alternative universe.

The roads are in a shambles? No problem, we shall escape into our helicopters and private jets.

NNPC: India now largest crude importer

Lagos - Oil-rich Nigeria said on Thursday that India has replaced the United States as its largest crude importer, accounting for more than a quarter of its daily output.

India has replaced the United States of America as the largest importer of Nigeria’s crude oil, with China and Malaysia following closely, the Nigerian National Petroleum Corporation has said. "The US, which had traditionally taken the bulk of Nigeria's crude, has in recent months drastically reduced its demand, which now stands at about 250,000 barrels per day," the Nigerian National Petroleum Corporation (NNPC) said in a statement.

"India, however, now purchases some 30 percent of Nigeria's daily crude production which currently hovers around 2.5 million barrels," it said, quoting senior official Tim Okon.

LACKING IN FRONT, LAGGING BEHIND; THE BURDEN OF AN UNSCRUPULOUS TREASURY LOOTING RULING ELITE; BY JAYE GASKIA

Why do some nations lag behind other nations? Why inspite of the immense human and natural resource potential does our country Nigeria, continue to lag behind? Why have we not fulfilled the promise of independence? Why are we nowhere near realising even half of the potential of this tremendously endowed Nation?

What manner of administratively inept and congenitally light fingered ruling class have we been saddled with as a people?

Igbo Political Elites Play “Bread And Butter Politics” - Ngige

Senator Chris Ngige representing Anambra Central Senatorial Zone in the Senate, has said one of the major problems militating against Ndigbo in Nigeria politics is that their political elites play “bread and butter politics”. Ngige, who stated this when he spoke to newsmen in Awka, the state capital, said that is the reason there are a lot of prominent Igbo political elites in the ruling Peoples Democratic Party (PDP) and when they return home, they come with deluge of policemen and security men to protect themselves.

Boko Haram: Time for Muslims Leaders world wide to review their teachings

As condemnations trails the activities of the Islamist terrorist group, Boko Haram even from the Islamic international bodies and scholars across the globe. It seem very necessary for the Muslim society to re-exermine the teaching of Islam worldwide.

It is Time for Muslims Leaders world wide to review their teachings, they claim to teach peace but a large part of their followers do otherwise IN THE NAME OF THE RELIGION.

UPDATES: MH370 Intact, All Alive, Plane Was Followed By Military Jets - CNN

Sarah Bajc, girlfriend of Malaysia 370 passenger Philip Wood, joins CNN and shares with the world witness confirmation from another family member that MH370 was seen accompanied by two military jets prior to its’ ‘disappearance’

Bajc also shares with the world that she and other passengers family members are confident that the plane is not only still intact, but that the passengers have also survived. 

Sharing that governments of the world are still lying about this, she also shares that military and security experts she’s spoken to believe that this entire mystery is a military operation.

SOURCE

Governor Fashola writes Ghana over killing of Nigerian student

Lagos state Governor, Babatunde Raji Fashola said on Monday that  he  e-mailed the Ghanaian Parliament, requesting it to investigate the recent killing of a Nigerian student in that country. Governor Fashola made the disclosure in Ikeja, while addressing some students who had come to protest against the hike in Lagos State University fees.

He said the killing of the student was unfortunate, adding that the case must not be allowed to be swept under the carpet. The News Agency of Nigeria recalls that Godwin Ayogu, a 300-level Nigerian student of the Gold Coast University, was recently murdered in Chana by unknown persons.

His body was dumped by the roadside, while the Ghanaian authorities were yet to begin any investigation into the matter.

Fashola said, “The killing of a Nigerian in Ghana is very unfortunate as he was a victim of very mindless violence.

“I am trying to reach the Ghanaian Parliament to see how we can intervene to assist in the investigation of Godwin Ayogu’s incident, who died at the Cape Coast University.

“I sent an email to one of the parliamentarians. I am still expecting a feed back and hope the right steps will be taken.”

Fashola condemned the recent killing of Adelabu Tunde, another Nigerian student in Malaysia, describing his death as unfortunate. The governor urged the relevant authorities to take urgent steps to end the incessant killings of Nigerian youths abroad.

Punch

BREAKING: China's state news agency says Chinese aircraft spots 3 objects in search area for missing jet

China's state news agency says Chinese aircraft spots 3 objects in search area for missing jet.

Missing Malaysia Plane Search Area Shifted Due To New 'Credible Lead' - Australia

The search area for the missing Malaysian airliner has shifted because of a "new credible lead."  Say Australian authorities. AMSA said it shifted the search 1,100 kilometers (680 miles) to the north after receiving a lead based on updated advice provided by an international investigation team in Malaysia.

Missing MH370: New satellite images show 122 objects in Indian Ocean

Satellite images spot 122 potential objects in search for missing Malaysian jet. Images obtained by the Malaysian Remote Sensing Agency show 122 potential objects in the search for debris from the missing Malaysia Airlines jetliner, Malaysia's acting transport minister said Wednesday.

China continues search for MH370, urges Malaysia and Australia to give all data

Chinese icebreaker Xuelong on Tuesday continued with the search for missing Malaysia Airlines Flight MH370, widely believed to have crashed into the Indian Ocean. The Antarctic research vessel is now 130 nautical miles away from its target area.

Aircraft Searching: Chinese Aircraft Spots 'Suspicious Objects' , French Images Show Possible Debris From Jetliner

French satellite images show "potential objects in the vicinity of the southern corridor," Malaysia's Ministry of Transport said. That is thought to be close to areas of the Indian Ocean where previous satellite images released by Australia and China showed objects that could be debris from the missing Malaysia Airlines jet

The Chinese media say an aircraft searching for a missing Malaysia Airlines plane has spotted what it described as "suspicious objects" floating in the southern Indian Ocean. Official Chinese news agency Xinhua reports that two "relatively big" floating objects and several smaller white ones were scattered over several kilometers.

Authorities plan to search the area to see if the debris may have come from the missing Boeing 777, which disappeared more than two weeks ago.

Missing Plane Update: Malaysia to search the deep-sea for flight recorders

Malaysian authority is preparing to conduct deep-sea searches to recover the flight data and voice recorders of the missing Malaysia Airlines jet. Malaysian Transport minister Hishammuddin said on Thursday this would be if it was confirmed that the plane crashed at sea.

“The next step is to actually find the black box,” he said, if two objects spotted by Australia in the southern Indian Ocean are confirmed to be from flight MH370.

Breaking : 20 on board missing Malaysia Airlines MH370 worked for an ELECTRONIC WARFARE and MILITARY RADAR firm

BREAKING: 20 on board missing Malaysia Airlines MH370 worked for an ELECTRONIC WARFARE and MILITARY RADAR firm.

Missing Plane Update: Stolen jet passport 'no terror link' - Malaysian police

A man travelling on a stolen passport on a missing Malaysian jet was a young Iranian who is not believed to have terrorist links, Malaysian police say.

It is believed the 19-year-old was travelling to Germany where he was hoping to seek asylum, they say.

Malaysia is widening the hunt, after days of searching found no trace of the plane or the 239 people on board.

Rescue teams from nine countries are searching areas stretching from the Malacca Strait to the South China Sea.

BBC

Relatives to Get $5,000 for Every Passenger Aboard Missing Jet

Malaysia Airlines to disburse consolation money today to #China relatives #MH370. RMB31,000 (~US$5,000) per passenger.