Former President, Olusegun Obasanjo says Nigeria’s failing status under the reign of President Bola Tinubu is “confirmed and glaringly indicated and manifested for every honest person to see”. A statement issued by his Media Aide, Kehinde Akinyemi yesterday, quoted Obasanjo to have said this while delivering his keynote address at the Chinua Achebe Leadership Forum, Yale University New Haven Connecticut, USA. Obasanjo was quoted as saying: “As the world can see and understand, Nigeria’s situation is bad”. According to the statement, the former President in his address titled: ‘Leadership Failure…
Read MoreAuthor: Aminu Imam
Arewa Broadcast Media Forum raises alarm over journalists’ intimidation in Kano
The Arewa Broadcast Media Practitioners’ Forum has expressed deep concern over what it describes as a growing trend of harassment and intimidation against journalists in Nigeria. In a strongly-worded statement issued yesterday, signed by its Chairman, Abdullahi Yelwa, (Ajiyan Yauri), the Forum condemned the actions of the Federal High Court in Bichi, Kano State, following a judgment against two respected journalists, Shu’aibu Mungadi, of Vision Media Services, and Ahmed Tijjani Ramalan, of Liberty Radio/Television. The judgment, secured by the Minister of State for Defence, Bello Matawalle, has sparked outrage among…
Read MoreFG to borrow N13.8trillion to fund 2025 Budget
The Federal Government is to source N13.8trillion of the proposed N47.9 trillion 2025 Budget through borrowing. Recall that the Federal Executive Council (FEC), on Thursday, approved the budget proposal and borrowing of N13.8 trillion. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this while briefing State House correspondents, at the end of the Council meeting, presided over by President Bola Tinubu at the Presidential Villa, Abuja. The approval is part of the Medium-Term Expenditure Framework, (MTEF), and Fiscal Strategy Paper, for 2025-2027, by the Fiscal Responsibility Act of 2007,…
Read MoreHardship: ‘Nigeria’s inflation rate worsened to 33.88% in October’ – NBS
The National Bureau of Statistics, (NBS) says Nigeria’s headline inflation rate increased by 33.88 percent in October 2024. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for October 2024, which was released in Abuja, yesterday. According to the report, the figure is 1.18% points higher compared to the 32.70 % recorded in September 2024. It said that, on a year-on-year basis, the headline inflation rate in October 2024 was 6.55% higher than the rate recorded in October 2023, at 27.33 percent. In addition, the report…
Read MoreS’Court dismisses States govs. suit challenging constitutionality of EFCC, ICPC, NFIU Acts
The Supreme Court, on Friday, dismissed the suit instituted by 16 States of the federation against the Attorney-General of the Federation (AGF), challenging the constitutionality of the acts establishing the Economic and Financial Crimes Commission, (EFCC) and two others. The other agencies are the Independent Corrupt Practices and other related offences Commission (ICPC), and the Nigerian Financial Intelligence Unit, (NFIU). A 7-member Justices, in a unanimous judgment, held that the suit was unmeritorious. In the lead judgment by Justice Uwani Abba-Aji, the Supreme Court resolved the six issues raised for…
Read MoreOndo election: “We’ve engaged our ad-hoc staff, recruited 30,000 security personnel” – INEC
The Independent National Electoral Commission, (INEC) says it has trained and briefed security agencies on its mode of operation as part of efforts to ensure there’s no hitch in the conduct of the upcoming governorship election in Ondo State. According to its Commissioner, Mrs Babalola, over 30,000 security personnel have been trained and deployed for the election, slated for today, Saturday. “The security agencies have given us assurance. We trained them on the need to be professional and the need to be committed to the job they engage in. We…
Read More“Only criminals can rule Nigeria” – Primate Ayodele
Leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has blamed Nigeria’s struggles on corrupt leadership, declaring that ethical individuals have no chance of attaining the presidency. The statement, issued yesterday through his media aide, Oluwatosin Osho, Ayodele said, “Corrupt leaders are the reason Nigeria is going through hard times. It’s impossible for a corrupt leader to make the country better because all he would be thinking about is how much he can make from the country”. Ayodele further contended that the Presidency is inaccessible to morally-upright individuals. “It…
Read More“I’m not scared of defecting to APC” – Wike
Minister of the Federal Capital Territory (FCT), Nyesom Wike, says he is not afraid of joining the ruling All Progressives Congress, (APC), if he wants to. Wike made the assertion while explaining reasons for not supporting the candidacy of the former Peoples Democratic Party (PDP), Atiku Abubakar, during the 2023 presidential election. He said equity and fairness were found wanting in the PDP, which was why he didn’t support Atiku. According to him, he had no conversation with President Bola Tinubu before the polls on joining the ruling All-Progressive Congress.…
Read More“Politicians, IMF, World Bank driving Nigerians towards Venezuela” – Ali Ndume
Senator representing Borno-South, Ali Ndume, has accused politicians, the International Monetary Fund (IMF), and the World Bank of contributing significantly to Nigeria’s economic woes. Speaking during an interview on a television programme yesterday, Ndume warned that their actions are pushing the country toward a crisis similar to Venezuela’s. The senator’s remarks reflect his criticism of external economic policies and domestic political mismanagement, which he believes have combined to worsen the country’s economic challenges. Ndume emphasised the need for a more self-reliant and locally driven approach to economic reforms, urging leaders…
Read MoreFEC approves ?48 trillion Budget for 2025
The Federal Executive Council (FEC), yesterday, approved a proposed Budget of ?47.9 trillion for 2025 fiscal year. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this while briefing State House journalists after the FEC meeting presided over by President Bola Tinubu, yesterday. This was part of the Medium-Term Expenditure Framework (MTEF) for 2025 to 2027 and in line with the Fiscal Responsibility Act of 2007. The FEC granted approved its submission to the National Assembly as required by the Act. The framework projected Gross Domestic Product (GDP) growth rate…
Read More