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You can’t control commodities prices with force – Rights group tells Nigerian govt
A group, Foundation for Environmental Rights, Advocacy and Development, FENRAD, a pro-democracy and environmental rights advocacy group has slammed the Federal Competition and Consumer Protection Commission (FCCPC) for giving a one-month moratorium to sellers who inflate prices of commodities, saying that price reductions can not be achieved through force.
The group, while reacting to the statement credited to Tunji Bello, the Executive Vice Chairman of FCCPC, clarified that it stands against profiteering, racketeering or any other unwholesome dealings perpetrated against indigent Nigerians, but said, however, a situation where government policies drive inflation and yet the same government turns around and initiates a fiat targeting people whose market behaviour is a mere reaction to inefficiencies of the same government was unwholesome.
In a statement issued by Nnanna Nwafor, its Executive Director, the group said the Federal government’s focus should be on the economic policies of the day which birthed price conflict as against competitive pricing.
His words: “It should be recalled that within his first three months in office President Tinubu ‘removed’ subsidy on petrol and floated the naira in an attempt to unify the foreign exchange windows. Before one year in office, the same president removed the subsidy on energy, negatively impacting the energy security in a petrol-dependent economy.
It noted that the naira has been unable to withstand the shocks in the volatile foreign exchange market, losing about 35.53% value to the US dollar in August 2024.
Nwafor, who declared that palliative handouts alone can not address hardships and price inflation in the country, urged the government to address worsening insecurity to enable displaced communities and farmers access their farms and begin cultivation.
He advised the FCCPC against threatening traders but to implement economy-friendly policies to naturally reduce commodity prices.
CREDIT: DAILY POST
The Federal Government has announced the closure of the Eko Bridge and Ramps for eight weeks to carry out essential asphalt resurfacing work.
Mrs. Olukorede Kesha, the Federal Controller of Works in Lagos, shared this information in a statement on Saturday. She noted that the resurfacing project is set to begin on Friday, September 20, at 7:00 a.m., and will continue until November 20.
Due to the closure, drivers will need to follow detours and alternative routes. Kesha advised that motorists traveling to the Island from Funsho Williams Avenue should utilize the service lane at Alaka to connect to Costain and access the Eko Bridge.
She explained that some sections of the bridge will be fully closed while others will have partial access.
“This important project aims to enhance road safety and improve the driving experience for motorists,” she stated. The work will involve milling the existing asphalt and laying down new asphalt on both the bridge and ramps to address wear and tear and create a smoother, safer roadway.
Osun State Governor, Ademola Adeleke, has appointed Akinwale Sarafadeen Adeyemi as the new Chairman of the Governing Council for Osun State College of Education in Ila-Orangun.
The announcement was made in a statement on Friday by Governor Adeleke’s spokesperson, Olawale Rasheed. The statement described Adeyemi as an experienced educationist and noted that he will succeed Peter Babalola, the former chairman, who was dismissed by the state government earlier this month.
Babalola, who was also a member of the Peoples Democratic Party (PDP) in the state, faced suspension from his local ward in Irewole due to public criticism over alleged financial misconduct before his removal.
The statement highlighted, “Governor Ademola Adeleke has approved the appointment of Mr. Akinwale Sarafa Adeyemi, a seasoned educationist, as the new Chairman of the Governing Council of Osun State College of Education, Ila-Orangun. Mr. Adeyemi replaces Dr. Peter Babalola, who resigned following a controversial term at the college.”
Adeyemi holds both a bachelor’s and a master’s degree in Education from the University of Ibadan and is a retired principal of the Federal Girls College in Ipetumodu. His swearing-in ceremony is scheduled for 10 a.m. on Monday at the EXCO lounge.
The police have reported that their operatives apprehended political thugs and seized firearms during overnight operations in Edo State, where the governorship election is taking place today, Saturday.
They also vowed to address illegal weapons possession and prevent any disruptions to the electoral process in the state.
Prince Olumuyiwa Adejobi, the Force Public Relations Officer, shared this information in a statement on Friday night, along with images of the recovered firearms.
He identified the arrested individuals as Edwin Obanor, 43, and Audu Tajudeen, a 41-year-old PDP member from Ugbogbo quarters in Igara Akoko, Edo.
“The Nigeria Police Force has made a significant breakthrough in combating electoral violence in Edo State with the arrests of Edwin Obanor, 43, and Audu Tajudeen, a 41-year-old PDP member,” the statement noted.
According to DAILY POST, residents of Edo State will be voting for a new governor today, September 21, 2024, who will succeed Governor Godwin Obaseki after his eight-year term ends.
Nigerian Govt shuts Eko Bridge, ramps for 8-week repairs
Gov Adeleke appoints new Governing Council Chairman for Osun College of Education
Edo Decides: Police arrest armed political thugs ahead of election
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