Tag: Nigeria - Page 9 - African News Today

Opinion: Debt and Waste as Economic Policy – Peter Obi

9Jan

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Economy, News, Nigeria

Opinion: Debt and Waste as Economic Policy – Peter Obi

Barely 26 days to the end of its eight-year tenure, the Buhari administration got the Senate to approve a N22.7 trillion Ways and Means borrowing from the CBN. In seven years, CBN lending to the Buhari government had climbed 2700% in flagrant violation of the CBN Act. Indifferent to the illegality of the excessive ways and means borrowing, the National Assembly still approved the new Tinubu administration’s request for an N7.3 trn securitization of the existing ways and means facility just before considering the 2024 budget proposals. On the 30th of December 2023, the last working day of the year 2023, shockingly the President requested the National Assembly to approve the securitization of N7.3 trillion being the outstanding debt owed to the Central Bank of Nigeria (CBN) by ...

The Rule of Law and the Credibility of Leadership

25Oct

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Elections, News, Nigeria

The Rule of Law and the Credibility of Leadership

Still on the identity crisis and controversies that have continued to haunt the Nigerian citadel of power since the February 25, 2023 presidential elections. There is this saying: "IT IS NOT TITLES THAT HONOUR MEN, BUT MEN THAT HONOUR TITLES." The lofty titles that decorate people in power have little meaning if there is a hollowness and falsehood underneath them. Such titles which adorn those in public office mean nothing if they are not original and are fake if those who bear them have no honour to support the weight of the titles they carry. In situations where there is public doubt as to the veracity and authenticity of these titles and the claims behind them, it is the judiciary's role, when called upon, to uphold the honour of the titles through transparent rulings. Only th...

Tinubu’s Certificate Forgery: My Focus is on the Supreme Court, Obi to Atiku

6Oct

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Corruption, Elections, Judiciary, Justice, News, Nigeria

Tinubu’s Certificate Forgery: My Focus is on the Supreme Court, Obi to Atiku

Presidential candidate Peter Obi of the Labour Party has responded to an appeal by his People's Democratic Party (PDP) counterpart, Atiku Abubakar, to join the legal battle challenging President Bola Tinubu's certificate forgery case. In a statement released on Thursday and signed by the National Publicity Secretary of the Labour Party, Obiora Ifoh, Obi stated that he is currently focused on reclaiming his allegedly stolen mandate at the Supreme Court. See Also: No Deal Between Obi, Atiku – Labour Party Campaign Office The statement emphasized that Obi has been committed to pursuing justice and ensuring a just nation where integrity and honor are upheld as core values. He has consistently advocated for leaders to serve as role models and live lives worthy of emulation. As part of th...

Former NBA President Olumide Akpata to Run for Edo State Governorship

6Oct

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Elections, News, Nigeria

Former NBA President Olumide Akpata to Run for Edo State Governorship

Olumide Akpata, a former President of the Nigerian Bar Association (NBA), has officially declared his intention to run in the upcoming Edo State governorship election, slated for next year. Akpata, who recently joined the Labour Party (LP), made his aspirations known, stating that his entry into the race is driven by the desire to serve the people and that the Labour Party is the only political party he identifies as truly people-oriented. The seasoned lawyer turned politician emphasized his commitment to changing the political narrative in Edo State to ensure that the benefits of democracy reach the people. He expressed concern that, in current Nigerian politics and governance, the interests of the citizens often take a back seat, with politicians seemingly detached from the needs of ...

APC Denies Reintroduction of Fuel Subsidy, Labels Claims “Fake News”

26Sep

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Cost of Living, Economy, News, Nigeria, Petroleum

APC Denies Reintroduction of Fuel Subsidy, Labels Claims “Fake News”

The All Progressives Congress (APC) has dismissed claims that the administration of President Bola Tinubu has reintroduced fuel subsidy, asserting that government interventions were aimed at ensuring price stability and predictability. Reports had circulated alleging that the government spent a staggering N169.4 billion in August to maintain the fuel pump price at N620 per liter. These reports were seized upon by the opposition as evidence of the administration's purported return to fuel subsidy. In a statement released on Monday night, the APC vehemently denied the accusations, categorically stating that such payments did not constitute a revival of the fuel subsidy scheme that had been criticized for its economic implications in the past. The ruling party also took issue with P...

8Sep

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Nigeria

A Letter to Peter Obi by Sensei Roqzee

Dear Peter Obi, I am compelled to write this for posterity. To capture my exact feelings in this moment. You don’t know me and probably will never see this but if you ever feel like you are responsible for dashing the hopes of well meaning poor Nigerians who believed in your dream, the silence you hear is not disappointment in you (peter obi) but a realization of the amount of corruption you were standing up against by even daring to run. It is clear now why the political elites were shocked by your audacity and said you wouldn’t win a single local government. You went from two people tweeting in a room, to SIX MILLION votes. Peter Obi, you galvanized the weak and the hungry and those who had given up on the Nigerian project. As a dark cloud, heralded by the creeping out of nefar...

INEC Announces Direct Transmission of Kogi State Governorship Results from PUs

29Aug

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Elections, News, Nigeria

INEC Announces Direct Transmission of Kogi State Governorship Results from PUs

The Independent National Electoral Commission (INEC) has revealed plans to transmit the results of the Kogi State Governorship Election electronically directly from polling units to its server. The decision aims to enhance transparency, eliminate rigging, and curb electoral fraud, according to Prof. Gabriel Longpet, the Resident Electoral Commissioner (REC) in Kogi. Prof. Longpet shared this information during a two-day media roundtable engagement organized by the Independent Press Center (IPC) in Abuja. He emphasized that electronic transmission of results would prevent irregularities and enhance credibility by maintaining the integrity of the results throughout the electoral process. He highlighted the importance of electronic transmission in addressing issues that typically occur...

Kumuyi: Nigerians Disappointed with Call to Forget the Past

23Aug

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Corruption, Elections, Life, Lifestyle, News, Nigeria, Religion

Kumuyi: Nigerians Disappointed with Call to Forget the Past

The General Overseer of Deeper Life Church, Pastor Williams Kumuyi, shared his optimism about the potential positive changes that Nigeria could experience under the leadership of President Bola Tinubu and his newly appointed ministers. However, his comments have triggered widespread disappointment and criticism from Nigerians who are pointing out apparent double standards in his stance. Addressing the media during a press conference ahead of the church’s Global Crusade, Pastor Kumuyi urged Nigerians to embrace the new leaders, emphasizing the need to move forward and leave behind past grievances. He expressed confidence that President Tinubu's administration, along with his selected ministers, would usher in a period of progress and transformation for the country. https://twitter.c...

Wike: I Didn’t Buy Any New Car as FCT Minister

23Aug

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Economy, News, Nigeria, Press Statement

Wike: I Didn’t Buy Any New Car as FCT Minister

The Federal Capital Territory Administration (FCTA) issued a statement to address news articles and broadcasts involving the new FCT Minister, Barr. Ezenwo Nyesom Wike. Amidst sensationalist headlines, the FCTA aimed to set the record straight and provide accurate information to the public. The statement addresses recent claims that Minister Wike is initiating a large-scale demolition operation targeting 6000 houses across 30 settlements in Abuja, including Wadata Plaza. The FCTA refutes these allegations, stating that they lack any factual basis. The FCTA criticized mainstream newspaper headlines that attributed quotes and claims to the Minister that he did not make. It emphasizes that the Minister did not publicly mention specific areas or numbers of structures to be removed. His ...

Nigeria’s New Cabinet: President Tinubu Unveils 21 Ministerial Portfolios

16Aug

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Elections, News, Nigeria

Nigeria’s New Cabinet: President Tinubu Unveils 21 Ministerial Portfolios

In a move that was expected to herald a fresh era of governance, President Bola Tinubu has finally unveiled the portfolios of 21 out of the 45 confirmed ministerial nominees. The list, which has generated a mixed reaction across the nation, paints a picture of a cabinet that is a blend of political veterans, resulting in a lot of skepticism about the future. However, as the dust settles, revelations of concerning aspects of the selection process are emerging. Many of the appointed ministers have been labeled as career politicians, and cynics suggest that their appointments are more about compensating their roles in the last election rather than being driven by a commitment to deliver on the nation's challenges. This revelation has raised concerns among Nigerians who had hoped for a tra...