 Well, it's time for off the press GD Johnson joins us this morning on the breakfast GD Johnson is good to have you I'll be part of the conversation That's all right Let's take a look at the leadership newspaper The band the caption says suspense in PDP as article wiki comes meet today It's boldly written Underneath party members worried over delay in constitution of campaign council BOT wants party leaders against unguarded Arterances we're ready for trance as wiki loyalists as a writers You have underneath the board caption Presidents in Muhammad the Buhari gives hope to children often by insurgency and federal government claims he spends 18 billion Nair on fuel subsidy on a daily consumption. I mean following that investigation The drilling that's going on You know the minister of finance put that out well troops clear house loaded with bomb materials in Kaduna Reported vessel evading arrest Pirate attack falls. That's what the Navy is saying trapped one emirate suspense flight to Niger and definitely Just before move away from the leadership Two more headlines quite interesting please boss ritual is shrine and recovered 20 mummified borders in a door and Asus insistence on six-month salary Stalling negotiation. That's what the federal government. That's good to say But we also have the punch and so we need to move away from the leadership on the punch newspaper and less boring debt servicing gobs 13.17 trillionaire on the Buhari education suffers federal government budgets for trillionaire for education in seven years sector Loses eight hundred and thirty seven days to strike Salary of arrears Stalling negation. That's what the federal government is saying and No pay no resumption Asu is Quoted to say on the other hand the government doesn't think you know those who have not worked should not be paid No, so no pay No work. No pay. All right Education on the funded federal government may go to fund sector economists one Federal government to end petrol subsidy in June 2023 Why is the Muslim ticket is problematic for Nigeria the pfn is saying and take battle to terrorists Hyde Buhari orders the military. There's a lot of this orders that we have You know, the president has been given several orders the question is Is it that you know, it's difficult to implement this orders? commuters gone and businesses short as Shango or terror road collapses It looks really very sad I mean if you look at the picture there's a picture you just imagine what the people will be going through at a time association fumes as Lagos extends ban on Okada for more local government included lower soldiers brutalized cops for seizing colleagues motorcycle and police on cover shrine with 20 cops and suspect kicked and Sean Reavers votes lose poll we came once the People's Democratic Party These are the headlines on the punch newspaper would move away from the punch We have the nation in front of us on the nation newspaper federal government insists on no work. No pay rule for varsity workers Government as you differs on salaries and payment platforms students to sue teachers and ministers But the debate yesterday and the conversation that was Generated in different spaces as what difference would you make if the government or as issues? I mean, would he change anything especially when you look at the judicial system where there's a lot of delays I mean before you actually get, you know judgment. It takes a lot of time What does this make for the people Lagos extend to Caterbanks to for more cancels 418 million dollars pirate club refund a case against Malamie by governors and Just before we move away governor's way option on petrol subsidy cash Daily payment heats 18 point six nine billion narrow landing costs per liter now 448 narrow to new bush a team are ticket best for Nigerian now says APC chair What transpired during a Boston draw APC candidates Pali? That's what you find an NPA generated 172 point two eight five billion narrow in six months says MDA and PDP Bo teacher Jibrean caution to Tico weakest cam these are the headlines on the nation and just we before we have G. Day Johnson share his perspective on this headlines now. We have the daily trust newspaper Strike no and incite has asked you federal government refused to shift grounds Buhari insisting no work no pay No law backs policy. That's what the SA and squander to say Don't pay us and forget two sessions Lecturers quoted to say that's a little back and forth with the federal government and you know the union Holding us around some on patriotic. That's what students are saying and some of them are considering You know the option of going to court Well, I take a week is feud I use refusal to step down stores Peace move and federal government suspends 18 or spends 18 point for billionaire and petrol subsidy On a daily basis. That's what the finance minister is saying eight fear dead in Lagos church Stampede again, you find the NPA generates 172 billion are in six months and remit 78.5 billion Again, Buhari order security agencies to eliminate insurgency Three arrested in 20 cops recovered in a door shrine the headlines this morning on The daily trust newspaper. It's time for us to have G. Day Johnson share his thoughts Okay, but let's start off with the subsidy. I mean it's something that you know, I've been wondering On this the federal government to end petrol subsidy in June 2023 now prior to 2022 which were in in 2021 the government had said that field subsidy was going to end in June 2022 What's going on? Is that Program You see It has been enough to let us actually know what is to be what is really happening in respect to Subsidy and not fresh so to be yours will be called a one And the subsidy on on diesel has been removed long time ago. It's a city on on Kerosene has been removed Kerosene which is consumed, which is what is used by by by by the poor and the needy In idea is more expensive than petroleum products When we have removed Okay, but Jina Dawson D Yeah, do you think is still rational? I mean we're still with the punch newspaper this morning You think it's rational for us to continue or the federal government I mean you've raised a point first it It doesn't really reflect. I mean, what what does it has it been captured? You know in the budget Well on the other hand if you look at how much according to the Minister of Finance that we are Spending on a daily basis. Do you think that it's rational for us to continue with the subsidy to 2023? We're talking about 18 billionaire daily consumption. That's what the government is spending spending on a daily basis And you know from this movement till 2023. That's a lot So you see the one we used to to power various homes of various offices for companies If you're talking about party companies, we don't choose PMS Is is in G you that is used for for for power And that's that's he writes in terms of energy creation That's the way which you are possible if you are talking about consulting in terms of not even being working construction or construction of goods or involving in In them in In factories and in touch with that I'm using this was So we are talking about also Eating on something below work of Subsidized subsidized The so what is the consumption radius? You be daily Budget is a thing for something below. What is the actual budget? What is consumed at this period? No, but as much as one Because when they talk about this because you begin to wonder what is going on This is not subsidized Carousel is not subsidized. It's only petrol Which is pure So who are those consuming those Eating So my question is is it is it still rational to continue in this light? I mean because is that If I'm not mistaken, we're looking at 2.19 trillion era You know to be expended at the end of the year. That's that was you know The proposition those been proud that was in 2021 for 2022 So my question here is that with this amount Do you think it's still logical because if the government has said we're going to take out subsidy? Just imagine what we can do with that amount the health sector is there the educational sector is there should we continue? Subsidizing at this point where you know order sectors of the economy are threatened and and they can't function optimally due to lack of financing Because this administration What position went on The street of Nigeria to protest the attempt On over our first subsidy and we are told when is that the solution increase the conference on 975 and Now it's about we are doing that with the government's allied market forces to take control and I've got as most of you and We still talk about Remember of subsidy and these were people are protesting when the last administration been an attempt to increase it beyond 97 So This is something which is too shorted in secrecy, which is still a mystery which most Nigerians do not understand with respect to Permanent or non-permanent of subsidy and respect to the amount of liters of petroleum products We consume in Nigeria and the amount to which come and subsidize Petroleum products considering what is reality on ground and considering the Economic implications of this subsidy that you are going to do because Little money There are other sectors are affected because there's no phone to take out all that other sector and That it's a cost for concern to see why we're going to much more much more eager to subsidize and less unsanitary Voting money for that sector of the economy other productive sector of the economy The economy Well Also on the issue of endless borrowings debt servicing gobs 13.17 trillion are under the Buhari administration and According to the punch education is suffering or education suffers or recently A stakeholder very prominent had said that you know Borrowing is not a problem that we're still within our capacity to borrow as a matter of fact It's very important as critical to borrow for infrastructural Development, but at what point do we say no what point do you think that we should you know look in and say hey? The option of boring should be you know kicked out or should be crossed off from our list in terms of revenue because we understand that What we're grappling with here is the issue of revenue So what point do we say hey we need to put an end to boring and cross it off the least and probably maybe you know Find other means of generating revenue Well We always borrow to pronounce its products capital products That's the lowest standard practice government does not borrow to feed him on its on its on its lifestyle of the lifestyles of fish gas called you for Recording to spend each other's gold to for capital products and then People who enjoyed the project and then to the end of one will come to enjoy the project as well as before the premiered I have a little past the case in Nigeria We have a special way by government is boring one yet only level of transparency when it comes to borrowing and to when government borrows allegedly what government borrows money for It sometimes overestimated the cost of these products are Inflated to the point that you begin to wonder whether there is any for for government to have to be borrow money for this for this white elephant elephant products, which usually Leaves everybody on the people as well as the as well as the economics of government American comment is one of the ideas in their take on when you can ever think of However, when it needs a borrow they are used for the right cause which they are meant they are meant for Well, this present comment talks about infrastructure. It's very easy for someone to come on and I don't rely on Fast-trotter so we are borrowing money from infrastructure. You go to this specific wood I mean fast-trotter with our infrastructure that is morning I've been borrowed for and a lot of people to look at is this government is Seemly boosted a lot that one this government is to come into power and to the Retainers that is going to be with respect to this particular musician with respect to being an anti-corruption and Drive on one hand go Make is the Gomez everybody has that we call a lot of money. That was to pull it On the other hand the government is borrowing money in the same thing the same government is using money to to service to service debt it's just It does not it just does not make any sense to try and read my to understand this is government Responsibility is to simplify its policies and product sort and have a man on the street can understand What government is even saying and what government is doing so the doing and the saying of government Must must be in touch there and so that people can see the transgressive But as far as we are concerned You just don't know what government is going to do for is the leaders But now has been as very deep because of the cost of this you the card now treatment system as As as the subject suspended as a result of security security challenge So we are We are Infrastructure Expressing as they do more than 16 years to be constructed So I want anybody to tell me where this infrastructure are in 90 there Where are the easy to build hospitals? Where are the easy to build schools this infrastructure other than some of the people's home I will just You know because I mean it's really worrisome in the first quarter we had reports saying that What the government? I mean what we were using to says service debt at a time. We're looking at 1.9 trillion Nair Which is a bit 310 billion higher than what revenue we were generating at a time So because it feels like I mean if you look at what we project as revenue You know earnings or what we intend to achieve at the end of a day with how much we're using to you know Service debt, it's not a good business at the end of a day So it feels like you know we're spending more than what we even project to earn as a country And I'm not sure that you know any capitalist or any government that is very Profitable in her thinking would want to venture in this light where you Actually losing than what you're generating because what you're generating is not even enough But we need to just move away from that because we have all the headlines That are quite interesting and would like to share your thoughts on them just before we call it a wrap so quickly We have the leadership newspaper Apart from the leadership we have a You know the daily trust newspaper now on the daily trust let's get back to the educational sector now No end in sight as asked to and federal government refused to shift grounds Talking about the strike now the president or the government is saying that no work no pay and some quarters are saying that the law does not actually backs that and the lectures are saying that There will be ready to actually forget two sessions if they do not pay this Salaries and what have you recently? We're also here that you know as I was rejected You know the salary structure that the federal government has presented to it. So it's quite not interesting for the Nigerian students and even when we talk that, you know, there's also a level of compromise with the Payment platform. That's the uterus and the IPP is it seemed like no one is compromising at this point But you did Johnson. What's the way forward? What do you make of all of this? Productivity the same person of mind our office since the section of this administration Seem obliged to me start education. Yeah, you buy the ends of a fair bear to resolve problem and did not be demonstrated a lack of capacity but I know my surprise the distribution of the time to see your faces and to see the government for this and whereas I Need people should have enough content to look into this in this particular issue so that There will be a solution inside this problem Well, all in all the solution to these problems from and to divest Is interest in this educational institution and allow trust life. We allow intervention in the telecom sector and the petroleum industrial art as a result of that and for the Donaldson sector of the Niger Oil and gas industry we should allow that to come into the national sector too. That's the permanent solution to this particular problem allow decentralized the system of education Providing the message that we let them generate revenue that we can use to run themselves If you are see that see that I love I Learned in an education a center for innovation and creativity Is who should be able to generate funds to run itself if truly the indeed center for innovation and creativity Now for public society then at the end of the month or the end of Of the year. That's the that's the best I've done for us because it's becoming clear Now government cannot afford to fund all of these institutions that we are at the future because they are competing sectors for resources and the private and the private Does the money they are not private primary school and private secondary school What do you think we are up to the educational sector in Nigeria. Now the reason we have not had a game collapse at the tertiary level Is because we have seen private investors being known by individuals and by missionaries and we have seen that that model no matter whatever means given to us if you are we have seen that that model is working. Now I think this Institution can survive and I think that the public institutions even have more tendencies and capacity to survive Let this institution run its own generate revenue, operate and compute private institutions And the government should as a matter of course Provide educational BAM where students can go and get loans to pay their fees Once the only collector you require is your letter of admission. Once you are admitted The process will be quick and it will be fast. All this money We are the voting for voice of city of DPP's Imagine if you put that money for in the in the particular BAM and students are paying the competing fees that they should pay to this institution I can assure you that we saw this problem once and for all and then you turn on you turn on You turn on your the appointments the appointments of persons will be turned on do not be a lifelong The appointment of the staff will be turned on should be based on productivity and creativity and innovation These are the things you should be looking at When it comes to solving the as-to-problem, which is solving the entire educational Problem, we must turn our institutions to innovative and creative institutions rather than productive rather than As a result of producing garbage garbage that cannot compete in the workplace in the 21st century These are the challenges All right Gda let's also look at this as quickly because we're out of time now and after this maybe just in a minute or There about less than a minute I like to share your thought the Emirates and the suspension of flights from Niger To and from Niger is a thing that's gotten a lot of people talking But there's also a school of thoughts as big on the fact that hey, this is a time where you know local You know Flight operators can actually take advantage of the situation and you know just go international. What do you make of all of this? The local players in the ambition industry to tap into when they suspect their flights to To our country It's a window of opportunity. Just like Russia exploited the war between assert and agree to stabilize the Robles in the face of Steve's action from Western war and Russia was able to find a new plan Instabiliating the robles and you're always getting I had all that national in the national policy So any situation any decision provides a bit with the opportunities and trade with the opportunities and trades So there are opportunities to be exploited is a strategy window of opportunity for local operators to tap to tap into And this is also a point that the Nigerian that are the Syrika the minister of Admission as spoken about as lost and lost Working to wish you have national career and we should be taking for granted It's a matter of strategic importance. It's a matter of national interest as a master of national property I will shoot up into known issues As you recall the first The air of The movement was formed in 1970 was was was provided by So if you could do that for them And issues you are coming from and issues the route I will find ourselves when it comes to central development in Nigeria Well, thank you so much GD Johnson for being part of the show. Well, I mean, I'm just wondering how We will begin to look outside the international the local players should take advantage Of the crisis or the situation and begin to fly when they're not even able to cater for the needs of local You know flight, I mean you need to take a take a trip to the airport and see how many flights are You know moving on a daily basis. They're also complaining You know of the aviation fuel operational costs amongst all the issues, but that's the size of it Thank you so much. We appreciate your thoughts and we look forward to having you share your thoughts on the shows We proceed next week Well, that's GD Johnson has been sharing his thoughts on some of the headlines We appreciate him. We'll take a breakdown when we return and we'll be time for us to head straight to our first major conversation On the breakfast we still with us