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JAMB remits N3.51billion to federal govt

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The Joint Admissions and Matriculation Board(JAMB) says it has remitted the sum of N3.51b to the national treasury as part of its 2021 operating surplus.

A statement signed by the Boards Director of Press, Dr Benjamin Fabian said the 2021 remittance is the result of the adoption of international best practices which resulted in cost-effective operational processes.

He said the processes adopted brought attendant savings, yielding the humongous remittances to government coffers.

The statement said ”the remittance has been the norm rather than the exception in the last six years beginning from 2016 when he remitted the whopping sum of N7b and repeated same in subsequent years.

”It is pertinent to note that one of the direct benefits of the sustained remittances by the Prof. Oloyede-led management manifested in the reduction of the cost of the application documents (UTME and DE) by candidates from N5000 to N3500 in 2018 by President Muhammadu Buhari.”

He said the singular act has ensured the annual transfer of over N3b to the pockets of parents and guardians of candidates as a consequence of the slash in the price of UTME forms.

”The Board as led by Prof Ishaq Oloyede would continue to prune down the cost of governance and release resources for other needy national prioritize areas”, the statement said.

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Governors have no business with removal of fuel subsidy, says Fayemi

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Kayode Fayemi, chairman of the Nigeria Governors’ Forum, stated on Thursday that state governors had no say in whether or not to keep the fuel subsidy.

During a news conference following a meeting of the Governors, Mr Fayemi made the remark.

The group “concluded to engage the leadership of the Nigeria Labour Congress and the Trade Union Congress on how best to address this issue without causing any dissension but with a view to recovering the Nigerian economy for the Nigerian people,” according to the Ekiti State Governor.

However, he argued that the decision wasn’t one for the Governors to make.

“For us at the forum, it is a matter that is a going concern. We don’t have a definite issue on it because it is left to the Petroleum Industry Act. It is not for us. NNPC is now a private company and the company should decide what it wants to do with the price of its products. It shouldn’t really be the business of Governors.

“It is not up to sub-nationals to decide on what happens to PMS pricing. It is an entirely exclusive responsibility of the Federal Government.

“However, we are critical stakeholders and we are members of the National Economic Council, so we contribute to debates in the Council.”

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Fuel subsidy removal will cause more hardship for Nigerians, says Abdulsalami

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Former Head of State, General Abdulsalami Abubakar (rtd.) has warned that the proposed fuel subsidy removal will cause further harm to Nigerians.

Abdulsalami spoke on Thursday at the 19th Daily Trust Summit in Abuja, pointing out that the country is already facing challenges on multiple fronts.

The Buhari administration has made public its plan to stop the payment of fuel subsidy by June 2022.

However, many stakeholders, including the Nigeria Labour Congress, NLC, feel the move is insensitive and wrongly timed as the citizens are already going through untold hardship.

“Unemployment or underemployment remain at record levels,” General Abdulsalami said, adding “and over 80 million Nigerians are still caught up in needless poverty.

“All of these tend to have negative effects on security.

“In fact, Nigeria now faces a food security crisis that is compounded by the COVID-19 global pandemic and the banditry in many States in Northern Nigeria.

“All of these have disrupted the fragile value chains across the country, and negatively impacted the ability of Nigerians to produce, process and distribute food.

“The result is a continued rise in the prices of food items, beyond the reach of many Nigerian families.

“On top of all these, fuel prices are expected to rise significantly in the coming months as announced last November by the NNPC.

“We all know when this happens, as the government has planned, it will push many millions deeper into poverty.”

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Photos from Alao Akala’s candle night

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Hundreds of residents of Ogbomoso in Oyo State, on Wednesday, organized a candle night procession in honour of a former governor of the State, Chief Christopher Adebayo Alao-Akala.

Alao-Akala is an indigene of Ogbomoso, the second largest city in the State. The former police officer died in the early hours of Wednesday, 12th January, 2022.

He was the governor of the State between 2007 and 2011.

To pay their last respect for the former governor, youths, women and men in their hundreds organized a candle night procession in honor of the former governor.

The event attracted friends, family and supporters of the late politician.

The procession, which started around 4.pm, took off from Alao-Akala’s residence.

It moved through Takie, Sabo, LAUTECH Teaching Hospital, Orita Naira, Oja’gbo, Ijeru, Arowomole, Oja Akande and Seminary.

All the participants wore black attires.

They described the former Governor as someone whose legacies cannot be forgotten in a hurry.

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