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Fuel Crisis: BAVCCA Demands Answers from Tinubu’s Economic Team, Questions NNPCL’s $6 Billion Debt

Published

2 weeks ago

September 6, 2024

The Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA) has said it is shocking that Nigeria, a major crude oil-producing nation, finds itself in significant debt, particularly with the Nigerian National Petroleum Company Limited (NNPCL) reportedly owing over $6 billion to global suppliers.

BAVCCA in a press conference in Abuja … said it is alarmed by the continuous rise in fuel prices and the worsening economic situation across the country, noting that this current crisis is a direct result of the failure of those entrusted with managing Nigeria’s economy.

The group noted that there must be a clear and transparent explanation of how Nigeria’s oil revenues have been managed, adding that the current state of affairs suggests that funds have been misused or misallocated, and those responsible must be held accountable.

“While we commend President Bola Ahmed Tinubu for his genuine and consistent efforts to lead Nigeria to greatness, it is evident that his economic handlers are failing to support his vision.

The inability to effectively manage the country’s resources and finances is crippling the economy and placing an unbearable burden on Nigerians,” the statement noted.
The group noted those responsible for the reckless mismanagement of Nigeria’s resources and economy should be held accountable.

“We demand that those who have mismanaged NNPCL’s finances and plunged the nation into debt be thoroughly investigated and penalized for their actions.

“In addition, the policy of floating the Naira, which was expected to stabilize the currency and bring economic relief, has instead caused further depreciation of the Naira, leading to inflation and skyrocketing costs for essential goods and services.

The growing disparity between the official exchange rate and the black market is a testament to the poor management of the economy by the President’s economic team.

“The President must reconsider the composition of his economic management team. Nigeria needs capable, forward-thinking professionals who can implement sound policies to stabilize the Naira, reduce inflation, and restore public confidence in the economy

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Former Minister Sunday Dare Celebrates Late Brigadier-General Benjamin Adekunle

Published

11 hours ago

September 18, 2024

The Gleamer

…Calls on Ogbomoso to compete for power in Oyo state.

Joel Ajayi

The Agbaakin of Ogbomosoland and the former Minister of Sports and Youth Development, Chief Sunday Akin Dare has joined family, friends, relatives, and good people of Ogbomosoland to celebrate the life of a veteran Civil War hero and an eminent Ogbomoso-born Nigerian Army officer, late Brigadier-General Benjamin Maja Adekunle, otherwise known as Black Scorpion.

In a statement released recently, the Agbaakin of Ogbomosoland noted that the 10th anniversary remembrance of the veteran General is not just a celebration of his history, but a reflection of the bravery and patriotism of a

man who risked his life on behalf of our country and citizens. Chief Sunday Dare acknowledged that: “As a General, he was first amongst equals, and we as his people, are proud of the legacy that he left behind”.

Chief Sunday Dare explained that the sense of purpose and commitment to something greater than one’s self, is a cornerstone of a soldier’s life, which late Brigadier-General Benjamin Adekunle exemplified. He signposted a life of enduring symbol of bravery, and compassion. He served Nigeria well.

“The story of the battle for Nigeria’s soul and eventual unity cannot be complete without a generous mention of late Brigadier-General Benjamin Adekunle, a.k.a Black Scorpion. He was a patriot who loved his country and gave his all. He revealed to the world that Ogbomoso’s sons and daughters were no bystanders or minions. But that, Ogbomoso sons and daughters are brilliant

and brave, courageous and compassionate, patriotic and powerful. And above all, that Ogbomoso is a land of warriors; ever ready to make necessary sacrifices for the unity of her people and her land”.

Furthermore, Chief Sunday Dare stated that: “Late General Benjamin Adekunle has joined the league of Ogbomoso icons like the late Premier of Western Region Chief Samuel Ladoke Akintola, the late Soun Oyewunmi Ajagungbade III, the late Governor of Oyo State Otunba Alao-Akala, the late Inspector General of Police Chief Sunday Adewusi and many other heroes of democracy from Ogbomosoland who made priceless sacrifices for the unity and peace of Nigeria.

For late Brigadier-General Benjamin Adekunle, no task was a burden and no sacrifice was too high: for he loved his people even as he understood that his call to duty carried a risk to his own life. He brought to life courage and patriotism that remains unequaled”. “Out of curiosity, I searched for the deeper meaning of a Scorpion. General

Benjamin Adekunle was nicknamed the Black Scorpion largely due to his exploits as a soldier. I found out that Scorpions are symbols of protection, transformation, independence, solitude, and intelligence.

In addition, Scorpions are also a symbol of death and rebirth, a symbol of power. We stop here. For us, the spirit of the Black Scorpion must rekindle in us the desire to lead. Not just in our land of Ogbomoso, but in our Oyo State. Let Ogbomoso no longer play the second fiddle in Oyo State. Let Ogbomoso speak with one political voice. Let Adekunle’s spirit summon us all to a new cause in this dispensation.

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