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July 30, 2024 Federal Government to Sell 50kg Rice at ₦40,000 – Minister Announces

Federal Government to Sell 50kg Rice at ₦40,000 – Minister Announces

The Federal Government has urged calm regarding the proposed nationwide protest, announcing the creation of centers across the country where Nigerians can purchase a 50kg bag of rice for ₦40,000. This information was disclosed by the Minister of Information and National Orientation, Mohammed Idris, during a briefing on the outcome of the Federal Executive Council meeting, presided over by President Bola Tinubu at the State House, Abuja, on Monday.

Idris stated that this initiative is part of the Tinubu administration's efforts to alleviate living conditions for citizens. He argued that the nationwide protests are unnecessary since the president is already addressing the concerns of the protest organizers.

"The FEC believes that most of the protesters' demands are being addressed by the Federal Government, making the protests redundant. This is a listening government, and the President has heard the voices of those planning this protest. There is no need for it as the President is already acting on their behalf," Idris said.

He highlighted recent efforts by the FG, such as distributing 740 trucks of grains to states and announcing that 50kg bags of rice can now be purchased for ₦40,000 at designated centers nationwide.

"For instance, at the last Council meeting, we announced that 20 trucks had been given to each state governor for distribution to those in need, particularly the poorest in society. Additionally, rice is being sold at about 50% of its cost. This rice is available at various centers across all states for ₦40,000 per bag. Initially, about 10 trucks have been provided to each state, and this is just the beginning. The government acknowledges that these supplies may not be enough, but they are essential first steps, with more interventions to come," Idris explained.

He also mentioned that the FG expects food prices to decrease with the onset of the rainy season, as investments are being made in traditional agriculture and irrigation activities.

Furthermore, Idris cited the student loan scheme and the expected disbursement of CNG kits as additional efforts to ease the cost of living. However, he noted that logistical challenges have delayed the rollout of CNG buses.

"Some of these buses have already been imported, and conversion kits are becoming available. Conversion centers are starting to get active. The delays are due to the procurement processes and the time required to order these items. As we transition from fossil fuels to renewables, we anticipate a reduction of over 60% in transportation costs," he elaborated.

July 30, 2024 FEC Directs NNPCL to Sell Crude Oil to Dangote and Other Refineries in Naira

FEC Directs NNPCL to Sell Crude Oil to Dangote and Other Refineries in Naira

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local refineries in naira instead of US dollars. This announcement was made by the Federal Inland Revenue Service (FIRS) boss, Zack Adedeji, following FEC meeting chaired by President Bola Tinubu in Abuja on Monday.

Adedeji explained that this measure aims to reduce the strain on the country’s foreign reserves and help stabilize the pump prices of petrol, diesel, and other petroleum products in Nigeria. The FEC has ordered the state-owned NNPCL to begin implementation of this directive immediately to enhance local production of refined petroleum products.

Additionally, Adedeji stated that the Tinubu administration has mandated that the sale of refined products from Dangote Refinery to oil marketers and distributors be transacted in naira rather than US dollars.

July 29, 2024 NCC Orders Immediate Reactivation Of Lines Affected By NIN-SIM Verification Issues

NCC Orders Immediate Reactivation Of Lines Affected By NIN-SIM Verification Issues

The Nigerian Communications Commission (NCC) has instructed all mobile operators to reactivate lines that were disconnected over the weekend, recognizing the limited time available for consumers to verify their National Identification Numbers (NINs) with their Subscriber Identification Modules (SIMs). In a statement, the NCC emphasized that the decision was made with the consumer's interests as a priority.

Reactivated consumers should note that this reactivation is temporary, allowing them a limited period to link their NIN to their SIM properly. Over the weekend, many telecom subscribers were unable to access their phone lines due to the failure to verify their NINs with their SIMs, leading to the disconnection of their numbers by telecom service providers in compliance with NIN-SIM linkage regulations.

The compulsory linkage of NIN with SIM began in December 2020, following government directives to bar unregistered SIM cards and those not linked to NINs. The NCC has reviewed the deadline multiple times, with the most recent extension moving the deadline to July 31, 2024, to provide consumers more time to verify their NIN details. Despite these extensions, many phone lines remain unverified.

The Federal Government's objectives for the NIN-SIM linkage include enhancing national security and ensuring the accuracy of the national SIM ownership database. This policy helps verify and protect users' identities while supporting critical infrastructure for a robust digital economy.

Given the challenges caused by the disconnections, the NCC has directed all operators to reactivate lines disconnected over the weekend to allow consumers time to verify their NINs with their SIMs. This reactivation is temporary, so consumers are encouraged to verify their SIMs as soon as possible to maintain access to their lines.

July 29, 2024 Osun Residents Protest SIM Blockage, Creating Traffic Gridlock

Osun Residents Protest SIM Blockage, Creating Traffic Gridlock

On Monday, frustrated residents of Osun State blocked the Oke Fia/Dele-Yes-Sir dual carriageway in Osogbo, the state capital, in protest against MTN officials for allegedly not attending to them promptly after their mobile lines were barred.

Residents, who had traveled from various towns across the state to the MTN Connect Store in Osogbo, expressed their frustration. Despite arriving as early as 1:00 am, many were not attended to promptly. In their anger, the residents blocked the road, causing traffic disruptions and forcing drivers to find alternate routes.

Order was restored when Department of State Security (DSS) operatives arrived and directed the protesters to clear the barricade. At the MTN Connect Store, those who had registered their names on Saturday were being attended to, while new arrivals were compiling their names. Elderly, sick, and pregnant individuals were allowed inside the premises to wait for their turn.

Our correspondent observed a DSS vehicle with about five operatives parked beside the MTN premises. During interviews, a resident from Ikire, Mrs. Korede, shared her frustration about the long wait despite arriving at 5:00 am. She noted that 114 people had registered before her, even though she did not see any list.

A commercial motorcyclist from Ikirun recounted his experience, explaining that he came to Osogbo hoping to avoid the large crowds at the MTN office in his town. However, he found a significant crowd and joined the protesters who blocked the road from 7:00 am until DSS operatives intervened around 9:00 am.

Efforts to speak with the senior officer in charge at the Osogbo MTN Connect Office were unsuccessful, as those approached claimed not to be employees of the organization.

READ ALSO: Nigerian Police Impose Curfew Ahead of Nationwide Protest

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