 We're glad to know that you're still there. It's time now to go to the press and see what the headlines are, and then we'll just quickly take that and see what Nigerians also are saying. Yes, we'll begin with Friday's leadership from the leadership newspaper. And it leads with no going back on fuel subsidy removal and MPCL declares. You have details of that on page 4. The writer's there says no backup cash for subsidy payment in June. CSOs condemn abrupt removal. President has ordered palliatives to cushion effects. That's caring. Then another headline there says, Tinnubu orders security chips to deal with oil thieves. IGP promotes 31,465 inspectors, others. Details of that is on page 14. Kassai Oshova e Bute intervened in 10th National Assembly Leadership Tossel, and in Pan Mons, that communication founder Raymond Dopecy. Well, that's the much I'll be taking from the leadership newspaper. Okay, the next newspaper is Nature News. Nature News leads with petrol price will come down according to Kiari. We have other news headlines there. Water scarcity. Kanu Governor declares state of emergency orders water boards to present demands. What we want President Tinnubu to do in four years, that's a CAPPA. You can read that on page 5. Nigeria needs strong laws and forcemen to protect endangered species, as according to WAF. Page 5 also. OMEV rejects Egypt's agro processing investment in Ogun state. You can find that on page 3. Those were headlines or those other headlines were ready to take from Nature News this morning. From Nature News, we move to the Guardian newspaper. And the Guardian newspaper? The lead headline there, 11 years after occupying Nigeria, Tinnubu tows painful path to economic rebirth. It is a big story of the Guardian newspaper. And it's inside pages 4 and 5. Petrol subsidy removal, NLC debunks strike action on Veil's position today after consultations. Tinnubu meets intelligence, security chiefs gives mandate to tackle insecurity. Nigeria's business conditions confidence in economy level heat five months high. And then right at the mass trip, you have annual court reminds 52 pro-Biafran agitators in prison. Well, that's it for the Guardian newspaper. And we'll take a final news report, which is business day. Business day leads with petrol to sell between 478 and 600 Naira per litre as subsidy goes. We also have other stories here on business day. Nigeria air gulfs 85 billion Naira in eight years, yet airport infrastructure suffers. Nigeria air gulfs 85 billion Naira in eight years. Banking agents rise 41 on new mobile money license. Echo bridge one more month of suffering as federal government deters. Okay. Those were headlines on business day that we are going to bring to you today. Okay. So we have been joined by our analyst, Mr. Tinde Kola Wali, a legal practitioner to take a look at some of these headlines. Good morning, Mr. Kola Wali. Good morning, my teacher. Thank you for inviting me. So good to have you join us. So let's go straight to the headline on the leadership. The lead headline here, no going back on fuel subsidy removal, NNPCL declares. What's your take on this? Okay, no going back on fuel subsidy removal, NNPCL declares. Well, that's a very interesting one. Like we said during the week, I think last Wednesday, NNPC is supposed to be a limited liability company, now set up to do business in the area of petroleum products, just like any other company will do, and make profits for governments. In a limited liability company, NNPC cannot be able to formulate policies, programs, give rules, and dictate what happens in the petroleum sector. That would be an apathetic or a negation of the reasons why we are set up. But the truth of the matter is that nothing is ever clear-cut in Nigeria. Why we want to run NNPC as a limited liability company, sometimes we don't want to shudder them with their sensitivities of the policy-making organization, which to me is much of a confusion and lack of understanding of what we really want to achieve, but the goal we want to pursue in the petroleum sector, it should be the initial petroleum resources, and maybe the presidency, and should be saying the kind of thing that NNPC is saying, and not the other we run. But sometimes we fight that as a different government, want to shift the blame, we want to push some of these things, to order, listen to other people, in order not to be seen as the one running draconian policies, and ashes, and the neck, or the totes of our people. But we have been better for the government to stand up to its programs and policies, rather than starting pushing some of these responsibilities. The responsibility of the whole market of the new government is that they will formulate good policies, stand by it, push it, and ensure that they achieve success. No matter, no matter how bitter the policies are, it is not all policies that will be sweet, some will be bitter, some will be sweet, we need the truth. So, I don't understand what the NNPC should do, calling the deeds, with regard to quality of subsidy removal. Now, what do you make of how the president removed that inaugural declaration on fell subsidy? How did it hit you, and how do you respond to it? The president's policies, I mean my statement, I know, I know. Yeah. Okay. You watched the inaugural... Can I speak back to you? Repeat what you said. Yes. How did you respond to the inaugural declaration on subsidy on May 29th by President Tinubu, when you first watched it that morning? Right. What is also part of the condition that will be seen in that area? I read the president's speech here, he said that the federal subsidy is gone, and gone forever. But shortly after that, we think so, we'll find some of the presidential spokesmen here and I'm not saying that because of the president that removed the subsidy, that he talked about the way of signing into law the Petroleum and Sun Act, which was signed, I think three days before the president, the summer, left office. So, like I said, the message I'm getting from John Mojito is that he supposedly wants to stick out his neck and want to be treated as responsible for the so-called removal of the children's subsidy. And I don't know whether in the whole world of Anju, you saw what Totombo will do or called the Urayana, he did the Urayana check with response to the children's subsidy. He said when he was released after 2009, the Petroleum Importance brought a deal of about a billion or something, or a billion per billion to be paid for partial subsidy. And there is a reason, so that what we were asking for was too high. And so he consulted with the president, I think it was Dr. Villargin, that was there and then he decided to audit the deal that the Petroleum Importance brought. And then when he audited it, I think he said he signed that 2.5 billion out of the deal that he submitted. Yeah, dollars. 2.5 billion dollars, yes. You see, I'm not, when the desire not to pay, the Petroleum Importance had to pay 2.5 billion on there, to pay the money. And when they were not bought, they went and gave up. He, her mother, because of her, my desire, because of her sociology. But they were going to pay now. And she said that they were not going to pay. And the president backed out. But she had to pay with the kidnapping of her mother, which could have led to the death of that woman. Not to open the weather, telling the world that don't even speak together for America. And the Petroleum Subsidy in Nigeria is more led to camp. But they're being used to do not just the government, but the 700 people. Well, we also have another story, though we've been talking about subsidy removal and all that. And we know also what the president said when it was Jonathan Stein. And he was trying to remove subsidy and all that. But we've heard the story, maybe it's gladdening or it's nothing to be glad about. Nigeria's business conditions and confidence in economy level hit five month high. Do you believe that report or not? Nigeria's business conditions and confidence in the economy level hit five month high. That means the confidence and the conditions of doing business are very, very high at this time. It's a report on the Guardian. Yes. Yeah, I got that. I got that. Yes. Before I address that, let me just go back a little bit from this Petroleum Subsidy business. You were reminding us of what they couldn't do to themselves. You will recollect that during the year also, Dr. Woodloss Jonathan. The president Petroleum was one of those who said it was very unconscionable for Dr. Woodloss Jonathan to have removed or to have attempted to remove the Petroleum Subsidy. But because they cannot seem to do and what are they. But in fact, there is no subsidy anywhere. But fortunately, the man who said that is not the president and is also now combustion. Or he has said, I mean he has removed the so-called thing that he described as a Pantone Subsidy. You're making reference to. Now, with regards to the confidence in the economy, I want to say that is not on the prospect. When you look at the president, he is an economist, he is an accountant. He is successful in the government in Lagos. And he also has a kind of track record. But they need to assemble some of the best things to really assist him to run government. He also has some of the indicators that the business community has seen as a kind of mute the confidence in the economy. But when you look at the degree of success in Lagos and in the politicians, if there was been a treasure, I think you need to tell me what happened. You tend to believe that it makes you better with the running of the government than the state and the people's government. We are united. So the kind of technical crap that the president was able to assemble in Lagos. He also shows some lettering. The lack of a business-like approach to government during the era of the president. So the two characters, the two people are totally different people. So I think one is more, two is more business-like. One is more exposed in terms of running government, in terms of running business, in terms of understanding of the dynamics of the economy. Whereas the other thing was big-packed, reticent, and was never able to achieve what they were doing to conduct the government business. Let's go to business day. The lead headline there says, as subsidy goes, Nigerians demand cuts in governance costs. Nigerians are demanding cuts in government costs. Costs, are they? Yeah, costs. Yes, that's what we have always said in this program. But those are some of the things that have always been part of it. Honestly speaking, we love the list. There were some people who won multiple votes for President Buwali in 2013 and 2019. Their belief was there being a good end for them. If you look at the cost of governance in the country, and try to reduce it. I'll give you an example. A lot of people have advocated for you in a camera measure before. So that you need to match the summit and the house of presentation, and reduce the number of people that will prepare. A lot of people have also come back and said, there's nothing wrong in having a straighter in the pitch for the local government to be just emitting a law to be a satanic attack. But no harm be done. That was not done. When you also have the cost of contracting this country, compared to what is happening to other parts of the world, you find out that there is no pudding in the cost of contracting. I once gave an example. It came from Dr. Goulod, you know, where he said that he went to one contract in South Africa, and he was asking them how much it cost him to build a airport. And he told them, and he compared that to a renovation of an airport in India. It was higher than what he continued to do to build an airport from scratch. That is all. You also look at all the concerts in Nigeria today that are basically $10 denominated. They now come in billions and trillions and millions. And he asked himself, what are the things that goes into execution of this contract? Take, for example, road construction. When you are constructing roads in Nigeria, does that make the detainee that you have to import? And maybe a part of the iron road. They try not to use the granite that they can make that to make the environment. What comes from Nigeria? So why would you put a big portion, maybe that high in Nigeria? And also look at the salaries that are now on you. Look at the figures package that the people just left government are working on it. Look at the amount of cash they put in there and when they are moving around. Some ministers go in the combo of about 20-30 cash. The president, the president of the street, I think they say there are not less than 5 or 7 aircraft in fact. Then in that effort indeed, there are so many presidents around the world, so many prime minister, who don't have private jet. They knew the airlines were their effective country to commit around it. So if you go to Mongolia and except we do something about the court of government, I am not too sure we need to sustain this democracy. I'm not sure there is anything that we can do to develop the country, to provide infrastructure, to provide jobs for people, to solve the problem in the energy sector. This is the main factor for modern technology. We have to find the amount of money that has been thrown into that sector. Let's what do you feel about what is happening in the aviation sector especially as it concerns Nigeria air? The data shown by NBS and also from the budgetary allocations compiling them together in the past eight years puts the budget for Nigeria air or the expenditure on the Nigeria air at 85 billion Naira. Would like to get your comments on that? I want to know why Nigeria is a very unique country in so many respects. We have a Naira land that is going to be flying and then we are spending billions of Naira to maintain it. I'll give you one piece. Somebody posted on Facebook on the social media that the logo of the so-called Nigeria air cost about $400,000 to design and that logo is just a Naira green logo that was emblazoned on the aircraft. If you give gas to Nigeria Nazis I'm not too sure that they will do it for up to $300,000. Nigeria spent about $400,000 to design a bigger logo on the Naira aircraft. Like most people have said running a Naira is a contradiction in itself. Governments have said that they have made business running private businesses and it was based on that that the Nigeria Naira was also sold to some private concern and that was also believing why so many government businesses were privatized and sold out. So if you said that government has made business running business why are you going back on your own until it doesn't make sense to contradiction in terms of why you look at the basic infrastructure of the Naira to support the floating of the Nigeria aircraft which we have simply done we don't have a Naira aircraft in Kenya, Nigeria the pressure fell in the old African region and here is the is. Also look at all the private Naira aircraft there are none of them all the private Naira aircraft none of them is Nigeria so when you look at that why don't you first find solutions to why you are lying before you begin to go back to your problem with regard to running a Naira also remember that the only Naira aircraft in Nigeria are complaining that the Naira aircraft is a that would be a good place to live time will not permit us to continue without the prices already time for us to wrap it up but thank you so much for your time and that information you try to put out regarding the cost for the logo of Nigeria Air he was accused of having used $600,000 and he debunked it and said he used Naira to design the logo I guess that should make us happier but thank you so much Mr. Mundo it's supposed to make you happier it's supposed to make you happier Mr. Tindekalawale so please be happy okay Mr. Tindekalawale legal practitioner has joined us and up the press to analyze headlines of some so much for your time so we'll be taking a break I'll come back to take a look at the hot topic of the day stay with us