Wizvibes

​ The public is advised to note that President Bola Tinubu’s declaration that “subsidy is gone” is neither a new development nor an action of his new administration. He was merely communicating the status quo, considering that the previous administration’s budget for fuel subsidy was planned and approved to last for only the first half of the year.   Effectively, this means that by the end of June, the Federal Government will be without funds to continue the subsidy regime, translating to its termination. The panic-buying that has ensued as a result of the communication is needless; it will not take immediate effect.   Furthermore, President Tinubu was clear about his plans to re-channel the funds previously devoted to the payment of subsidies into better investments that will cushion the effects of the removal on the general public, especially the poor of the poor. This includes but is not limited to investments in public infrastructure, education, healthcare and jobs that wi...

  Osun State High Court on Tuesday, May 30, sentenced popular owner of Hilton Hotels,  Ile-Ife, Dr. Ramon Adedoyin, to death by hanging for the murder of Timothy Adegoke.   Adegoke, a former postgraduate student of the Obafemi Awolowo University, OAU, Ile-Ife, was murdered inside his hotel room at Hilton Hotels in November 2021. Adedoyin and six of his workers were arrested and arraigned in connection with the murder.   The court presided over by Chief judge of Osun State, Justice Oyebola Adepele Ojo, found Adedoyin and two of his staff, Adeniyi Aderogba and Kazeem Oyetunde, guilty of murder and conspiracy.  Ojo, while delivering her judgement on the case, held that the circumstantial evidence available to the court, pointed to the killing of Adegoke while being a guest at the hotel owned by Adedoyin.   According to her, Adedoyin’s decision not to enter the witness box did not help him, as the circumstantial evidence had shifted the burden of proof on him. ...

  President Bola Ahmed Tinubu, on Monday, delivered his inaugural address at Eagle Square, Abuja. The Oath of Office was administered by the Chief Justice of Nigeria, Kayode Ariwoola. Tinubu, in his inaugural speech, touched on keynote policies and initiatives that will herald the start of his administration. Below is the full text. My Fellow Citizens, I stand before you honoured to assume the sacred mandate you have given me. My love for this nation is abiding. My confidence in its people, unwavering. And my faith in God Almighty, absolute. I know that His hand shall provide the needed moral strength and clarity of purpose in those instances when we seem to have reached the limits of our human capacity. This day is bold and majestic yet bright and full of spirit, as is our precious nation. As a nation, we have long ago decided to march beyond the dimness of night into the open day of renewed national hope. The question we now ask ourselves is whether to remain faithful to the work...

  US President Joe Biden has congratulated President Bola Tinubu on his inauguration, saying he looks forward to working with the new government of Nigeria. While saying both Nigeria and the US have strong ties which dates several years back, Biden expressed his desire to strengthen the bond. On behalf of the people of the United States, I send warm wishes to the government and people of Nigeria as they inaugurate a new President,” Biden said in a Monday statement on the White House website. “My administration has worked to strengthen ties between the United States and Nigeria, and I look forward to continuing this work with President Tinubu to support economic growth, advance security, and promote respect for human rights.”  According to him, the connections between both countries “run particularly deep” and have been nurtured by a great Nigerian Diaspora in the US. As we further deepen our partnership with Nigeria, I look forward to drawing even more on the ideas and energy ...