 Well, we go straight to the papers this morning is on the breakfast and plus DVR Africa I am messy Boko and thanks for joining us we're set up with the daily independent has been made available by a paper vendor quite interesting headlines if you ask me the banner caption says despite Buhari's charge to Adamu as who vows not to back down it's going to be very dramatic accuses in the game of double standards and denies breakaway faction that's a writer underneath the board caption six month all strike but the president has given a direction some people would say that the president should not be leading from behind in the president should be in front and acting and not given instructions we hope mr. president is listening government and security agencies have failed to secure Nigerians Maasari is quoted and underneath Katsina residents and fear over increased activities of bandits Malabu Italian prosecutors abandoned 1.3 billion dollars appeal against any and shall Nigeria continues 3.5 billion dollars claim against all firms still looking at the daily independent you have no interesting headlines here will continue key rate hike if inflation persists that's what the central bank of Niger it's good to say and some people have accused you know Godwin Maffley saying that how do you begin to print money because printing money does not solve the problem are we adding value we earning what we're what we have you know the morning's circulation I picture teamers running mate for a common good a former leg of state governor and also the flag bearer of the APC presidential flag bearers quota to say alleged money laundering EFCC acts me to indict Jonathan adoké witness tells court dangota industries complete insurance of 187.6 billion narrow says I fix rate senior on secured bond and another caption here broadly written says new NMPC will guarantee national energy security that's the gold and that's what the president is saying underneath says from now on commercially driven independent oil company to grow retail outlets from 547 to 1,500 in six months this is what Melick carry his quota to say 18 state rate or rank poorly on health system indicators 18 state rank poorly on health system indicators some of the headlines you find this morning on the daily independent newspaper we move away from the daily independent and that's because we have the garden in front of us let's quickly run through the pages front pages high low expectation as Buhari unveils the new NMPC underneath we will end energy poverty losses says carry why NMPC may remain loss making company despite transition or transitioning that's what experts are quoted to say I mean why we so skeptical about all of this redundant staff political wheel hash environmental cloud Buhari and stakeholders expectations transitioning a man named change says a stakeholder from a LCCI boss insists a new amicron may image that's the company in Saudi Arabia I didn't say as saying that subsidy and liabilities frontier X exploration may impact cash flow OPS backs hike as all marketers complying with NMPC directives and raise a petrol price to 179 Naira per liter it defas in different parts of the Federation local airline six or sick 40% fuel short charge we've is as jets a1 hits 822 litre Naira per liter as soon as Buhari for ordering minister to end varsity strikes in two weeks government kidnap Akal's farmer and supervise on a boom or show and demand 100 million Naira as ransom you also have opera over killing of 14 emo youths in our community and local government in emo states that's also very worrisome some persons are saying that they need to be a Torah investigation especially when you have the governor of emo state hope it was a Dima saying that the killings were not done by the security architecture a regional able to argue but rather was done by the police DSS that's a serious one it should be investigated but of course you know those who should investigate it also the persons who have been accused just imagine think about what becomes of the outcome but should we doubt what you know the governor of emo state has mentioned or has talked about because his the chief security officer of his state and he has access to a lot of intelligence so really sadding you need to see the videos and this pictures very very very sadding what exactly is going on away from that NMPC unveils I beg your pardon I feels like NMPC might just be dominating our thoughts this morning APC unveils shatima as tunable's running mate despite opposition and another caption says the NMA lamends mass exodus of doctors and her workers from on dough state where are they moving to that's another question but that's it on the Guardian newspaper or your toilet pencils the 50 lawyers APC a delicate trade what's all your toilet pencils 50 lawyers talking about your shun poll tribunal don't forget that shortly after the result was actually announced all your taller has said that he's starting the result and now reports are saying that 50 lawyers have been penciled but underneath all your tallest legal team to consist of 50 lawyers or more that's a rider senior advocate is quoted to say don't temple with election materials to favor APC and the leaky ones I neck you are only afraid of your shadow APC berets governor elects and the leaky apparently so there's a back-and-forth with the two stubborn ass who says federal government must meet all demands I mean how the punch captions it this morning is very interesting stubborn ass who says federal government must meet all demands and to even think that this are agreements I mean this are some sort of agreement that was entered boot parties entered this agreement yeah some years back I mean it's a long time why are we still talking about this agreement and implementation of the agreement and before you get into an agreement they always say an agreement is an agreement you should respect it because it feels like two people have come to a point where he will have agreed on something there's some level of compromise and the other part is saying I would do XYZ it's just a matter of integrity away from that Muslim Muslim ticket a debut your backs can pfn APC on veils chatima today Italy drops three point five billion dollars any and shell the suit Niger presses on and outquire CBN raises the benchmark interest rate again confusion is one hundred and seventy-nine now a liter fuel prices controversy worsens that's still on the punch and Buhari on veils the NNPC limited agency holds the FAA C remittances or remittance it's really going to be a lot what happens to the states what becomes of the different states now because usually the practices that everyone would go to you know to the state capital to get down here and now that there would be no remittance what becomes of the state how do they sustain the economy maybe gradually we're moving to restructuring the economy how Niger can make vaccines or conjure is quoted and Lagos policeman on illegal duty handcuff breach allies it's more like an editorial families mass of demand justice for slaying more youths another caption talks about scholarship federal government defaults PhD scholars stranded wow very very saddening panickers Lagos fuel tankers explodes and destroy vehicles and federal government alerts ports and land borders over Marburg virus that's that's very strange but we need to pay attention that's it on the punch and just before we have a guest join us this morning we have the nation newspaper the nation reporting and not differently from all the papers this morning it talks about ASU Buhari orders in giga to hands-off negotiation oh that's great education minister gets 14 days to resolve crisis one million Naira monthly pay likely for professors this would probably just be you know a fantastic can you imagine that professors of universities I mean this call is great we have I'm sure that you know we've all gone through the University especially you know having to be lectured this persons don't end I mean what they end is about 500,000 that's what the professor ends in Nigeria does that is that very excited does the does it made the educational sector very attractive why would people not want to become politicians you know become governors become counselors and chairman of different local government because it feels like that pays more than education well it would be really great to see that professors will be earning more not so much but it would be better you know than 500,000 Naira ASU government does not need two weeks to end strikes and once against disparity in salaries now don't forget that the NLC is also still saying that we are going to be embarking on the warning strike as solidarities solidarity strike between the 26th of July and the 27th just to ensure that you know the government gets to swings to action. Massary rates government agencies law and security plans on the way to reposition and DDC says Omana and 57% of electricity consumers on estimated billing by his president Osiba Joe recovering fast as hospital the hospital right here and 100% pay rise likely for strike in varsity teachers it will be great NNPC shifts subsidy payments burdened to government and tunable picked shatima for public good these are the headlines you find this morning but just before we move away the central bank of Nigeria to sanctioned cost consumers or customers converting Naira to dollar interest rate up by 1% we have Tunde Kola Wally who is a legal practitioner he joins the conversation this morning Tunde Kola Wally thank you so much for making our time to be part of the breakfast thank you for joining as well but we just quickly take a break Tunde Kola Wally when we return we'll be sharing your thoughts on some of the big stories on our papers this morning please stay with us or seal on the breakfast and it's off the press we have a Zika I took a Tunde Kola Wally joining the conversation thank you so much gentlemen for being part of the show thanks for having us all right I set up with Tunde Kola Wally do we still have you via phone all right let's start with the daily yes we can hear you now so on the daily independent it talks about the strike I'm sure that you are in the know of the directive that the president had given to the minister of education asking that the strike should end you know they should put an end to the strike but on the other hand as we sing they're not going to back off until the government you know gets into the agreement I mean it implements the agreement that they had prior to this time yes that's for you all right what am I position yes I'm very clear when the nation will say that not too long ago or now I think it has to matter for the result my picture that what I'm asking for under the present regime or I know that regime for that matter is not realistic but I have advice also that you consider the energy on ensuring that we have good governance in the country and you have good governance it is going to be one night possible for all cases of our life so the company from them and before the opponent and so finally manage if you go to our schools if you look at the state of our institutional development if you go to PSP and most of the other cases which one of them can you say is popular from there so I don't think it is acceptable I don't think it is realistic why I know a secret of property from the decision like the university when all the other areas of our lives are run down and another property from them for them the way I manage schools and universities use of learning the past can never be done in the present times again the scenario has changed we have more universities more polytechnic more political education I must even go to school this day so I should be there to see that with the government and because we have to have the expertise we need to develop a new funding a muster all the goods in Nigeria all the systems that companies to the same educational part maybe this one should be seen this one should be seen that I just want to be on this page companies are set up not to fund solar goods but to provide dividend to provide profit for those who partner publishing so when you load the company in Nigeria with the total productivity of funding education what you are simply seeing is killing those accomplishments too in the times that if people cannot run down state citizens and properties of this company they will not invest in that media and so the companies to run that so they ask people to please in the name of God bury the asset of this child treat that with the government above the new funding model for our schools and then drop this idea okay of trying to make the universities and no issues of hopefully no issues of the proper funding and then an area which the people working there would need but for the rest of the society just need to have free professional funds universities professional have free professional funds and to reach out to the community what about the what about the teachers are they not also entitled for the good things of life are they not entitled to their comfort all right to the to Nikola Wale yes let's let's bring in Zika Uyai took down about not on the issue of you know as you back him down as regards the charge because as he's saying that they're not going to back down until their demands have been met and so it's it's it's not like there will be a difference with the order that the president has given to the minister of education not also neglecting the fact that Chris Inge gay seem to not be the one negotiating now with ASU but Zika Uyai took let's talk about the new NMPC it will be the crux of a conversation I mean the Nigerians have been talking there's been a lot of high and low expectations some people are optimistic orders are pessimistic as regards the unveiling of the new NMPC but what are your thoughts now the president says that the new NMPC will guarantee national energy security do you think that this would be the case I'll tell you there are two things about the Nigerian state we have some of the best policies we have some of the best you know structures and systems by right but the problem is when you get an an aeronautical engineer to pilot an aircraft you discover that you are getting a right to the wrong job so our recruitment processes is what damages our best policies that's what really brings about the highs and the lows because the unbundling of the NMPC and giving it this private sector you know coloration by right in terms of policy in terms of direction is exciting but the question is who are the people that are being brought in to manage this process so long as the people are square pegs in round homes you cannot expect any results that is meaningful that is where we always get it wrong we over politicize everything that we do we are it's the concept of pre-bendalism and and clannishness and tribalism of exerting that above excellence and shift for purpose so I think that at the end of the day it's something that we hope that we will have a government or a system that will one day subscribe to the concept of meritocracy once we do that if the right people are moved into this vehicle this new NNPC bond groups then we will hope to have results but where you don't have the right people that are moved to this vehicle is going to be same old same old that's my approach that's where optimism is being doused with pessimism because of the recruitment process well um to Nikola Wale what are your thoughts on it do you think differently for the new NNPC the new NNPC well okay are you optimistic about it you know I'm not I am not but I'm foremost by now maybe you should have known my position I have told you I can't tell petroleum products which they share for the purpose of the NNPC I also let I say all about the world today nobody is talking about petroleum products nobody is talking about their own NNPC people are exploring their own NNPC the wind the sun and then ocean waves hydro energy and windmills and water on Nigeria to see the happen on NNPC and the on the petroleum products and all that helps me that the Nigerian leaders are not happy I mean don't have the right vision they're not preparing for the future sooner than later the petroleum product will be like coal and nobody wants to use it because there's no further energy but because as it may all the unborn men all the reforms that have carried out in the past on NNPC and in the petroleum sector which one of them has ever worked one to the best of my knowledge we spent three years of Naira time to recover the refinery we have unbounded and unbounded and bounded NNPC so that we've got it all the truth of the matter is that those who make billions of Naira when we look at the final NNPC they are still around and the political wind is never there so still decisive play with these people so not the political wind is there and in my country of Venice who are the people who are best from the petroleum sector are still around I am not optimistic that anything can be done in that area what is really the scope of the problem between the on the Nigerian regime all right then uh as I said yeah I took on the punch newspaper it's about the ocean elections and the question is that how long will we continue with this you know election tribunal kind of election well we constantly have to go to courts and seek redress because we feel that our rights have been violated do you see a repeat of 2018 in 2022 for Oshun state I I think it is one mistake that APC government dare not make but at this point in time let me not talk about APC government let's talk of the judicial I think the judiciary as at this point in time need to be extremely careful this is one of the few elections but let me know this is one one election that is being adjudged as one of the freest Paris across the nation generally so two things the first is that if the APC government has been told by the people that they should leave the very least they could do is to live in honor and not to think in terms of wasting more of the resources of the people on a fruitless journey because if their intention is to get in to manipulate the judiciary two things happen the very first is that the judiciary will bring itself to repute and I believe better things of them that it will not happen the second is that they are I'm hearing the news of you know lining up 50 you know sands I want us to know the cost of each stand which is not child's play not it is going to be the people's money the government could do well to exit on a blade of glory by using the money he's got to attack one or two areas that is important to the people of Oshun state and not to go on this this this bridge that leads to nowhere I think that people need to be enlightened on the cost of this so-called you know tribunal or whatever they want to do Mr president has congratulated the person and above that the generality of Nigerians listen to all the news commentaries they're like wow I need they've even gone ahead to to comment on it so why does the state government still think that it should add salt to injury I wanted to use more of the resources each advocate is good unless he wants to tell me that all the people are coming in pro bono because they believe that there is injustice somewhere along the line I think that he's got a lot of work the best he can do to be a spot man accept the result give credit and congratulatory message to the winner and then the remaining few days by the heart of the people by being extremely corporate and being very judicious with the spending of their people's money don't try to move away with the resources of the people audience the properties of the people or whatever that will make the transition difficult that will make people to hate add hate to rejection and he will not like it I think those who know him should advise the governor better and tell him to just be a sportsman he who fights and runs away lives to fight another day he can always recruit and come back and that is going to do by buying the heart of the people you know from the time he lives office he's seen so many people who have lost and come back so that he's lost us only he cannot come back well Tunde Kola well you are legal practitioner what are your thoughts on this uh do you think that there were irregularities with the elections in or shouldn't state that warrants my position is going to be slightly different from that of my colleagues so in the change that we are lawyers we don't call it people come to court for two reasons one we don't call it people to engage with them when you stop people when you call them when will you put a bar on the access to the facilities of the court what you end up in there calling them to do is to engage with them I want you to engage with them I'm not going to do anything I'm not another will preach them I'm not society for speech from the playground of law and other the second one is uh with me I think of me a little bit selfish but I will consider him to be a kind of an enlightened self-interest if it's in times like these that we lawyers make a lot of money by the identity point some of you say so for those lawyers that might be higher going to teach a case at the tribunal on behalf of the problem of our shoescage what we might play is blocking them from earning their living as lawyers and if lawyers don't go to court or if they don't go to the police where will their sources of income come from if it comes from selling rice and beans or potatoes the answer is no the second one is I think why we should be a policy or why we should be telling the city charity is not ready to approach the party this is ten ten and we just not allow the kind of thing that happens in the use of the mass case in remote case to happen again because if this time we put the election the go to the tribunal and the tribunal gives the election to the victory today and take it away from the ordinary voters on the street we are in the way of the money that the democracy and when we undermine our democracy people will come to the intersection people will lose interest people will not have a party and democracy doesn't go that way it wants the democracy to go it wants it to be sustainable it wants people to be able to derive the the freedom of democracy the way it could be driven in the modern part of the world so the two gladiators in Osustis for me the people are focused but if anybody has grievances and we see the grievances as the news and it wants to translate the grievances as the tribunal I don't think there should be anything wrong with that it is a decision that wants to be reminded don't allow the politicians to create the temple of justice don't allow the politicians to call up the decision our decision as of today appears to be a vote on the whole vote for the decide and when the decision is for the decide it's not a lot of pressure for the society as they are look at what's up in the Supreme Court to return me and we come to please don't you vote the petition against the pgm don't look at what's up in Osustis when we can all but if the dollar was there and we can see things don't have to write a petition and then the man the woman was made up back on non-payment of salaries in Osustis all these things are detesting the judiciary it is politicizing the... well it's a good thing that you have mentioned it's a good thing that you've mentioned that for every time we constantly approach the court or the tribunals for the elections then we constantly undermine our democracy that's what it is because he it just constantly makes nonsense of the fact that people go to cast their votes and in this in a system in a time where you know the judicial process or the judicial system is in the works I mean people think is work in progress in our democracy trust is not so much you know on the judiciary to deliver justice to the people as at this time in all cases but Ezeko and I took his also waiting to say something then go ahead yes yeah it it's very important that we note this in every profession there is what the demands of morality think as much as you need to have the boys having work to do we have an election you know you know that it's relatively free and fair you don't want the society to generate into an I agree where there is a possibility of that in Osho election after the announcement you could see that there was a general acceptance as this being free very critical so there's no element of that secondly the payment of your feet is going to come from the public to you and this is a state where the debt profile is so high why can't we say yeah yeah but let this pass I think that there should be a moral burden on the conscience of the lawyers to advisement say look I would like to take this brief but I think that it is against the interest of the public except I'm willing to do it probably but if I'm going to charge the normal legal fees on a case that I know the end if from the beginning I think there's a moral burden on the conscience of the lawyers relative to the people whose money would have been spent that could have been used for their maybe the retirees or the pensioners or even the students on bus streets or the health care facilities or the health teams there are so many other areas that this money could have been better deployed that's just my honest opinion all right and quickly let's also look at this it talks about the confusion as you have a petrol being sold at 179 naira per litre and the price controversy continues because the price there's no constant or there's no consistent price across the entire country and so in some parts of the country for instance in Lagos it could be sold at 169 170 depending on the fueling station and in other parts in Abuja it could be sold for 180 or 190 and so there's there's a lot of price disparity there's no fixed and uniform price what do you make of the stress whose your your time now is it going okay okay um there's something called petroleum equalization and it's very easy to understand a product in Lagos sold in Lagos has two components or three it has a component of the cost of the product it has a component of the overhead of the product and it has a component of the profit of the of the of the product now the first and the last the price and the profit is constant but the overhead is related to the distance something that you bring into Lagos but and you sell in Lagos the cost element might be stay one naira relative to all the dynamics but that same product if you are taking it to Kano or Kaduna or Zamfara or Apoibo your transportation cost cannot be the same as that of Lagos as a result it is either you compute it on the overhead or final cost of the product or there is what you call an equalization or a subsidy of some sort or a takeoff of that element so so long as it's left to market forces the prices of petroleum is going to be less in Lagos than in Kano while the price the cost of beef that is brought from Kano to Uyo is going to be less in Uyo in in in Kano than in Uyo I think that's just the way it is the only difference is as social services or intervention that governments can get into a strategic understanding with rest that's why they had the three a petroleum equalization you know agents or set up that they have but you see all these have been wrapped in mysteries that just don't make sense what is exact landing cost of petroleum in this country that's number one number two what is the honest cost can we get the professionals get in to give us the audience our figures are data is so so so warped and so uncoordinated and so unreliable that what you have brought corruption all right um just that I share it Tunde Kola Wale's thoughts in just the second as we call it of now Tunde Kola Wale what would be your thoughts on this the disparity and the controversy surrounding the pump prices across the federation what what I am not an economist like my my colleague Tunde Kola Wale we have to go now thank you so much we seem not to have a smooth conversation with you at the time but we appreciate you and we really thank you for making our time to be part of the show thank you so much as I took as well we appreciate you for being with us and short notice thanks for having us and that's the size of it on off the press we take a break and when we return we'll be heading straight to a very first major conversation where we look at the new nmpc that's been unveiled by the president stay with us