Todayโs Headlines: Why President Deserves Second Term; Obasanjo Says 13% Derivation Is Not Enough
Minister of Innovation, Science and Technology, Dr. Kingsley Udeh, SAN, has outlined economic reforms and development opportunities under President Bola Ahmed Tinubuโs administration as reasons the president should be given second term ticket.
Udeh, also a member of the All Progressives Congress (APC) Presidential Campaign Council, said Tinubuโs administration had put Nigeria on the path to economic recovery, adding that the reforms introduced since 2023 required more time to deliver their full benefits.
The minister said this during an interview on Arise News Prime Time, while responding to questions on the 2027 presidential election and the argument for retaining the presidency in the South.
13% ๐ฑ๐ฒ๐ฟ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ป๐ผ๐ ๐ฒ๐ป๐ผ๐๐ด๐ต ๐ณ๐ผ๐ฟ ๐ผ๐ถ๐น-๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐ถ๐ป๐ด ๐๐๐ฎ๐๐ฒ๐ โ ๐ข๐ฏ๐ฎ๐๐ฎ๐ป๐ท๐ผ
Former President Olusegun Obasanjo has backed calls for an increase in the 13 per cent derivation allocation to oil-producing states, saying the existing share should be treated as a starting point for further negotiations.
Obasanjo spoke on Monday at the flag-off of the Crude Distillation Unit of the $1bn Azikel Refinery in Obunagha, Yenagoa Local Government Area of Bayelsa State, where he also challenged the projectโs promoter to complete the facility within 12 months.
Addressing Bayelsa State Governor, Douye Diri, the former President said oil-producing states and communities had not received a fair deal from the exploitation of resources in their territories.
๐๐, ๐ก๐ผ๐ฟ๐๐ฎ๐ ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ ๐ฎ๐ด๐ฎ๐ถ๐ป๐๐ ๐ถ๐น๐น๐ฒ๐ด๐ฎ๐น ๐ณ๐ถ๐๐ต๐ถ๐ป๐ด
The Federal Ministry of Marine and Blue Economy has expressed its readiness to partner with Norway on satellite surveillance of Nigerian waters to combat illegal, unreported and unregulated fishing and protect the countryโs marine resources from exploitation.
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, gave the assurance on Monday when he received Norwayโs Ambassador to Nigeria, Ambassador Svein Baera, who paid a courtesy visit to his office in Abuja.
The ministerโs media aide, Dr Bolaji Akinola, explained in a statement on Monday that the ambassador was accompanied by the Second Secretary (Political and Project Development), Ms Michelle Hovi.
๐๐ผ๐ฎ๐น๐ถ๐๐ถ๐ผ๐ป ๐ฟ๐ฒ๐ท๐ฒ๐ฐ๐๐ ๐ฝ๐ฟ๐ถ๐๐ฎ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐ณ๐ฟ๐ถ๐ฐ๐ฎโ๐ ๐ฝ๐๐ฏ๐น๐ถ๐ฐ ๐๐ฎ๐๐ฒ๐ฟ ๐๐๐๐๐ฒ๐บ๐
The Our Water, Our Right Africa Coalition has called on African governments to reject the privatisation of public water systems and commit to universal access to safe, affordable and publicly managed water services.
The coalition warned that commercial control of essential services such as public-private partnerships, commercial tariffs, concessions and prepaid water-meter systems could worsen inequalities and expose communities to unsafe water if access to water increasingly depended on peopleโs ability to pay.
They further stated that inadequate public investment, weak water utilities, rapid urbanisation and climate pressures had deepened water access challenges across the continent, leaving low-income households and underserved communities vulnerable.
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Reported by News Hub Creator.
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