News
Probe Of Cabals Hindering Local Refineries, Coalition Urges Tinubu
Kitano Akinbode
The Nigerian Coalition of Civil Society Organizations (NICOCSO) has called on President Bola Tinubu to urgently launch an investigation into cabals impeding the progress of local refineries and perpetuating the importation of Premium Motor Spirit (PMS).
The coalition held a press conference in Abuja on Wednesday, 6th November 2024, to address the important national issue.NICOCSO’s National Coordinator, Benjamin James, who addressed journalists expressed deep concerns over the actions of a powerful group prioritizing self-interest over the nation’s economic well-being.
As contained in the press release issued to journalists by NICOCSO’s National Spokesperson, Segun Adebayo, it highlighted the detrimental impact of fuel importation on Nigeria’s economy, emphasizing the billions lost in foreign exchange annually and the vulnerability to global market fluctuations.
The coalition condemned the sabotage of local refining investments, particularly efforts like the Dangote Refinery, which aim to achieve fuel independence but face obstruction from vested interests.
NICOCSO called on President Bola Ahmed Tinubu to intervene and caution the NNPC cabal against actions that could lead to economic crises.
The coalition urged for a transparent probe into the cabal’s activities and proposed a policy shift mandating the sale of Nigerian crude oil to local refineries in Naira. This, they argued, would empower local investors, preserve foreign reserves, and strengthen the economy while stabilizing fuel prices domestically.
In a final plea for public support and accountability, NICOCSO called on all Nigerians, civil society organizations, and the press to stand together in demanding transparency and fairness in the fuel sector.
The coalition emphasized the importance of breaking the monopolistic grip of those hindering progress and building a Nigeria that prioritizes economic sovereignty and local industry empowerment.
As Nigeria stands at a critical crossroads, NICOCSO remains hopeful that President Tinubu’s administration will take decisive action to hold accountable those obstructing the nation’s economic growth.
The coalition believes collective advocacy and leadership would help Nigeria pave the way for a prosperous and self-reliant future.
News
FG, African Unconquered Foundation Sign MOU for Training, Skill Acquisition, and Empowerment of Wounded and Physically Challenged Soldiers
The Federal Government of Nigeria has signed a Memorandum of Understanding (MOU) with the African Unconquered Foundation to empower and prepare injured Nigerian soldiers for the upcoming Invictus Games in Vancouver, Canada, scheduled from February 6 to 17, 2025.
At the signing ceremony in Abuja, Mohammed Abba Isa, the Senior Special Assistant to President Bola Ahmed Tinubu on Disability Matters, emphasized the President’s commitment to supporting all segments of society. “The signing of this MOU with the African Unconquered Foundation reflects the President’s dedication to ensuring every part of society is included,” he stated. “We want our wounded soldiers to find their place and purpose. The Invictus Games offer a unique platform to engage them physically and mentally, but this partnership also opens doors for broader empowerment opportunities beyond sports. We aim to enhance the lives of people living with disabilities and support our wounded heroes.”
Derrick Cobbinah, CEO and Co-Founder of the African Unconquered Foundation, commended the Nigerian government for its commitment. “We are thrilled to partner with such resilient individuals who, despite their challenges, are eager to train for the Games. This initiative brings renewed hope, and we hope to expand our mission beyond Nigeria, across Africa, using the power of sports to uplift injured soldiers and veterans. Through this partnership, we’re offering them a renewed sense of purpose and opportunities beyond athletics.”
Alvin Atsegwasi, CFO and Co-Founder of the African Unconquered Foundation and a former British Army officer, acknowledged the challenges faced by injured soldiers, both physically and mentally. “Our work through sports is impactful, but this partnership with the President’s office on disability matters will provide even more opportunities for those with disabilities,” he said.
The MOU aims to empower Nigerian soldiers by equipping them with skills they can use throughout their lives, even beyond their athletic careers.
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