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Fuel subisdy is gone – Tinubu

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Nigeria’s new President, Bola Tinubu says the era of subsidy payment on fuel has ended.

 

Tinubu who made the assertion while delivering his inaugural speech as the 16th President of Nigeria also disclosed that his team will disclose the key aspect of the economic policy for his administration.

 

The fuel subsidy is gone,” Tinubu declared in his inaugural speech at the Eagle Square on Monday after he was sworn in as Nigeria’s 16th President.

 

His words: “We commend the decision of the outgoing administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more than the poor. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.

 

“We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.”

 

Tinubu said his government shall instead channel funds into infrastructure and other areas to strengthen the economy, adding that a “unified exchange rate” is guaranteed under his administration.

 

He also spoke on revamping Nigeria’s economy by ensuring budgetary reforms and promised to make electricity more accessible by encouraging various state governments to participate in power generation.

 

Furthermore, the former Lagos State governor vowed to rid Nigeria of terrorism and criminality.

 

“Security shall be top of our administration,” he said, adding that he will reform security architecture, invest more in security personnel, better training and provide better equipment for security personnel.

 

He added that his government will review various multiple taxations.

 

 

BELOW IS THE FULL STATEMENT

President Bola Tinubu
President Bola 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.

 

 

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 inherent in building a better society or retreat into the shadows of our unmet potential.

For me, there is but one answer. We are too great a nation and too grounded as a people to rob ourselves of our finest destiny.

This nation’s journey has been shaped by the prayers of millions, and the collective sacrifices of us all.

We have endured hardships that would have made other societies crumble.

Yet, we have shouldered the heavy burden to arrive at this SUBLIME moment where the prospect of a better future merges with our improved capacity to create that future.

To the surprise of many but not to ourselves, we have more firmly established this land as a democracy in both word and deed.

The peaceful transition from one government to another is now our political tradition. This handover symbolizes our trust in God, our enduring faith in representative governance and our belief in our ability to reshape this nation into the society it was always meant to be.

Here, permit me to say a few words to my predecessor, President Muhammadu Buhari. Mr President, you have been an honest, patriotic leader who has done his best for the nation you love. On a more personal note, you are a worthy partner and friend. May History be kind to you.

For many years, Nigeria’s critics have trafficked the rumour that our nation will break apart, even perish.

Yet here we are. We have stumbled at times, but our resilience and diversity have kept us going.

Our burdens may make us bend at times, but they shall never break us.

Instead, we stand forth as Africa’s most populous nation and as the best hope and strongest champion of the Black Race.

As citizens, we declare as one unified people devoted to one unified national cause, that as long as this world exists, NIGERIA SHALL EXIST.

Today, Fate and Destiny join together to place the torch of human progress in our very hands. We dare not let it slip.

We lift high this torch so that it might shine on every household and in every heart that calls itself Nigerian. We hold this beam aloft because it lights our path with compassion, brotherhood, and peace. May this great light never EXTINGUISH.

Our administration shall govern on your behalf but never rule over you. We shall consult and dialogue but never dictate. We shall reach out to all but never put down a single person for holding views contrary to our own.

We are here to further mend and heal this nation, not tear and injure it.

In this vein, may I offer a few comments regarding the election that brought us to this juncture. It was a hard-fought contest. And it was also fairly won. Since the advent of the Fourth Republic, Nigeria has not held an election of better quality.

The outcome reflected the will of the people. However, my victory does not render me any more Nigerian than my opponents. Nor does it render them any less patriotic.

They shall forever be my fellow compatriots. And I will treat them as such. They represent important constituencies and concerns that wisdom dare not ignore.

They have taken their concerns to court. Seeking legal redress is their right and I fully defend their exercise of this right. This is the essence of the rule of la

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BREAKING: Court Nullifies NDC Registration

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A Federal High Court in Lokoja, Kogi State, on Friday set aside its earlier judgment directing the Independent National Electoral Commission (INEC) to register the Nigeria Democratic Congress (NDC) as a political party.

 

Justice Isah Dashen, the presiding judge held that all relevant parties must be heard before any substantive decision can be made in the matter.

The court upheld the application filed by the Peace Movement Party (PMP), ruling that the party was a necessary party to the suit.

According to the judge, the earlier judgment was constitutionally defective as it was delivered without hearing from all interested parties.

He declared that such an omission rendered the entire process null and void.

Justice Dashen further ruled that the status quo be restored to what it was before the December 2025 judgment, pending the determination of the substantive suit.

He also observed that certain material facts were suppressed in the earlier proceedings, which justified the decision to set aside the judgment.

Consequently, the court ordered that the substantive suit should begin afresh, with INEC, the PMP and the NDC as parties to the case.

Counsel to the applicant, Chikezie Ekeocha, told journalists that the PMP approached the court after discovering that NDC’s registration was based on a logo it had previously submitted to INEC before the commencement of the suit.

According to Ekeocha, the court agreed that the applicant’s rights had been affected and consequently vacated the earlier judgment.

“The court has ordered all parties to return to the position they occupied before the judgment of December 10, 2025, and directed the claimants to join all necessary parties to ensure the issues in dispute are effectually and completely determined,” he said.

He explained that the implication of the ruling is that every action taken by INEC in compliance with the now-vacated judgment stands reversed.

“The recognition of the NDC, the issuance of its certificate of registration, its inclusion in INEC’s records, and any appearance on ballot papers arising from that judgment must be withdrawn pending the final determination of the substantive suit,” Ekeocha stated.

He, however, clarified that the substantive case remains before the court and has not been decided.

“The matter has not been concluded. The court merely set aside its previous judgment and directed that the party whose interests were affected be joined so that all sides can be heard before a fresh decision is reached.”

Ekeocha also dismissed suggestions that the court merely ordered parties to maintain the status quo, insisting that the ruling specifically directed a restoration of the position that existed before the December 10, 2025 judgment.

The ruling effectively returns the dispute over the registration of the NDC to the Federal High Court for a fresh hearing, with all relevant parties expected to participate before a new determination is made.

 

 

 

(NAN)

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W/C Round Of 32 Matchup: Brazil vs Japan, Netherlands vs Morocco

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The FIFA World Cup group stage has concluded, with the Netherlands securing first place in Group F and Japan finishing second. According to the knockout stage bracket, the top two teams from Group F will face the top two teams from Group E.

 

Two more Round of 32 matchups have been confirmed: Brazil vs. Japan and Netherlands vs. Morocco. The first Round of 16 matchup was announced yesterday, featuring South Africa vs. Canada.

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International News

‘Please Stop The Nonsense’ – Germany Coach Tells Journalist After Ecuador Defeat

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Julian Nagelsmann defended question marks surrounding Germany’s commitment during their defeat by Ecuador, telling journalists: “Please stop the nonsense!”

Germany, already guaranteed top spot in Group E, were beaten 2-1 in their final group outing, as their opponents came from behind to snatch all three points at New York New Jersey Stadium.

Nagelsmann’s side saw their 11-match winning streak brought to an end, while they have now failed to register a clean sheet in any of their last nine games at the finals, equalling their longest streak along with their opening nine matches across 1934 and 1954.

And since the start of the 1998 World Cup, this was just the second time Germany had lost a game at the tournament in which they opened the scoring (W25 D2) following a 1-2 loss to Japan in 2022.

While not impressed by his players’ performance, he was quick to reject claims it was due to a lack of commitment, with their place in the knockout phase already secured.

“Please stop the nonsense, honestly!” Nagelsmann told reporters. “Didn’t the boys want to go full throttle?

“Of course, we made different changes than we might have done in moments when we urgently needed another goal.

“But we can’t tell any player that he didn’t step on the gas, that’s far too striking for me.

“We have to learn that after a good start and an early lead, we can play with more composure, instead of suddenly switching positions too much. We just need to be more patient and stay a bit more structured in our positions.

“We deliberately made a lot of changes. You could see that we also had a few tired legs. You can’t blame anyone for the fact that everything is a little slower and takes longer. We trust every player in the squad, and have to give the players the chance to show that.”

Coincidentally, it was in New York that Germany crashed out of the 1994 World Cup after surrendering a lead, losing 2-1 in the quarter-finals against Bulgaria at the Giants Stadium.

Joshua Kimmich, who won his 113th cap to move to joint-eighth with Philipp Lahm on his nation’s all-time list, conceded the four-time world champions were worthy losers against Ecuador.

“We started well, but then we gave the ball away too cheaply and kept inviting them on,” he added.

“We made it easy for them and let them grow into the game. In the second half, the defeat was deserved.”

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