NEWS
I Must Be Nigeria President – Peter Obi
Peter Obi, the presidential candidate for the Labour Party in the February 25th presidential election, expressed his firm determination to become Nigeria’s president.
Speaking at the unveiling of the book titled ‘Peter Obi: Many Voices, One Perspective’ in Anambra State, Obi conveyed his optimism about attaining the highest office in the country but emphasized that he was not in a rush to achieve his dream.
Refuting the notion that his pursuit was merely temporary, Obi declared, “Anyone who thinks I am on a transit is wasting his time. Let me tell you, I must be the president of this country. I am sure of that. If it is not today, it must be tomorrow.
“Other people who want to be, should come and tell us what they want to do, and how to do it. This is my country, I don’t have dual citizenship. If anyone thinks I am going to run away from Nigeria, they are lying.
“I have three engagements in Anambra and Lagos today. I will be speaking in Lagos tonight. We will not leave Nigeria. I am not in a hurry to become the president, but I know it must happen,” Obi said.
Peter Obi, the former governor and presidential candidate for the Labour Party in Nigeria, emphasized that he is more concerned about the process of selecting leaders than who eventually emerges as the leader.
Peter Obi further emphasized that his mission to bring about positive change in Nigeria’s leadership was not solely for the benefit of the elites but for the entire Nigerian population.
He said, “For three years I was in court in Anambra to reclaim my mandate, just to challenge the process. Many people tried to discourage me, but I said even if the entire four years tenure elapsed for us to prove a point and correct the process, I will be fulfilled.
“My argument is that, let’s do what is right. I always tell everyone that I will not give people money to do the wrong thing. I have been the chairman of a committee; TETFUND committee, and Prof. Yakubu Mahmud was my member.
“We know ourselves, but when he became INEC chairman, I have never met him. I told him, you are an umpire, just do what is right.
“If you have the chance to do the right thing, and you insist on perpetuating anarchy, then, it will consume everybody one day. I insist that we must do the right thing.
“I was at an event yesterday in Abuja, and it was World Food Organisation. I listened to report that stated that Nigeria will face intense hunger in years to come. It is Nigeria that will face hunger, not Peter Obi.
“The report listed Borno, Adamawa and Yobe as the states that will be worse hit, but those three states put together are five times larger in land mass of Israel, yet Egypt exports food, but Nigeria cannot feed itself.”he added.
During the event, Obi Alfred Nnaemeka Achebe, the chairman of the occasion and traditional ruler of Onitsha, expressed his optimism and hope that Peter Obi would eventually claim his presidential mandate.
Achebe said, “I was still a new traditional ruler many years ago, when I was invited to a meeting where some monarchs were trying to settle a matter between the then Anambra governor Chris Ngige and Obi over the governorship tussle.
“I was a new traditional ruler, so I was just listening to the conversations. Obi did not attend the meeting, but his representative said Obi sent a message that he is more interested about knowing the truth, and ensuring that the process is credible next time, and that he was not willing to back down, even if it meant remaining in court even after the tenure.” He said.
NEWS
Moghalu Prescribes Good Governance As Panacea To Ethnic Agitation
The President of the African School of Governance, Kingsley Chiedu Moghalu has admonished state actors against resorting to brutal force in the bid to muscle out separatist agitators.
In the aftermath of Mazi Simon Ekpa, the Finland based Biafran nationalist agitator being caught in legal web and the Nigerian government moving swiftly to seek his repatriation, the former deputy governor of the Central Bank of Nigeria (CBN) has cautioned that ‘We either fix our problems, or our problems will eventually “fix” us. No alternative to a renegotiated union.’
ALSO READ: Finnish Police Arrest Simon Ekpa Over Terror-Related Allegations
The political economist, while expressing his hope in Nigeria, made it clear that “hope is not a strategy”.
He bared his mind in a series of posts on his verified handle on micro-blogging site, X on Friday.
Moghalu wrote, “Despite sustained contemporary difficulties, I am hopeful about Nigeria. But hope is not a strategy. We need to improve state capacity for effective governance.
“We either fix our problems, or our problems will eventually “fix” us. No alternative to a renegotiated union.
“We must learn to be honest with ourselves and address the root causes of our problems. Why ignore them, when the problem is actually quite solvable? The problem with continuing with this approach is that when the danger crystallizes, those who thought they were benefiting from
NEWS
N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden
Former Vice President, Atiku Abubakar has criticized the federal government’s plan to secure an additional N1.7 trillion loan through Eurobonds to cover a shortfall in the 2024 budget, describing the borrowing as unsustainable and harmful to Nigeria’s economy.
In a statement shared on Thursday via his X (formerly Twitter) handle, Atiku accused the Bola Tinubu-led administration of burdening Nigerians with debt while failing to provide clear answers about the country’s fiscal challenges.
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He also faulted the National Assembly for enabling what he called a “voracious appetite” for loans.
The former Peoples Democratic Party (PDP) presidential candidate expressed alarm over a recent World Bank report ranking Nigeria as the third most indebted country to the International Development Association (IDA), calling the development troubling.
“The recent report released by the World Bank, showing Nigeria as the third most indebted country to the International Development Association (IDA), is very concerning,” Atiku stated.
He raised further concerns about the government’s decision to benchmark the proposed loan at an exchange rate of 1 USD to N800, despite the Central Bank of Nigeria’s official rate being over N1,600.
“What makes this particular loan proposal even more concerning is that it is benchmarked at the exchange rate of 1 USD to N800, whereas the current exchange rate from the Central Bank of Nigeria stands at over N1,600 to 1 USD,” he said.
Atiku questioned the need for additional borrowing, given the government’s earlier claims of record-high revenue collection.
“In July this year, Tinubu boasted that the FIRS and Customs under his watch had collected all-time high revenues to finance the budget. Why are they still borrowing?” he said
He accused the government of a lack of transparency, describing the borrowing spree as detrimental to Nigerians already struggling under economic hardship.
“There is something that they are not telling Nigerians, even as they are being crushed by a combination of their failed trial-and-error policies and loan rackets.”
Atiku also referenced a report by BudgIT, a budget monitoring group, which criticized the 2024 budget for its inefficiencies.
He alleged that corruption, rather than infrastructure or development needs, was driving the government’s borrowing decisions.
“These loans are powered by corruption and not for infrastructure and development needs. This voracious appetite for humongous loans is deeply concerning,” he said.
Reflecting on Nigeria’s financial history, Atiku lamented the return to significant foreign indebtedness just years after former President Olusegun Obasanjo’s administration cleared the country’s debt.
“It is agonizing to see that just a few years after the Obasanjo administration took us out of foreign indebtedness, we are today back at the top spot in the same conundrum,” he stated.
He called for a more cautious approach to borrowing, urging the government to prioritize fiscal responsibility and transparency to avoid worsening Nigeria’s economic challenges.
International News
ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others
The International Criminal Court (ICC) has taken a historic step, issuing arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
The charges include crimes against humanity and war crimes allegedly committed during Israel’s recent assault on Gaza.
In a detailed statement, the ICC accused the Israeli leaders of “intentionally and knowingly depriving the civilian population in Gaza of objects indispensable to their survival, including food, water, and medicine and medical supplies, as well as fuel and electricity.”
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The ICC’s move marks a significant escalation in international scrutiny of the Israeli-Palestinian conflict. Netanyahu and Gallant are alleged to have orchestrated policies that caused severe harm to the civilian population in Gaza, leading to widespread condemnation from human rights organizations.
Alongside the charges against Israeli officials, the ICC also issued an arrest warrant for Hamas military commander Mohammed Deif. Deif has long been a central figure in Hamas’s military operations. Israel’s military claims to have killed him in a July airstrike, although this has not been independently verified.
The warrants highlight growing calls for accountability amid the ongoing conflict in the region. The ICC’s actions are likely to provoke heated debate and may complicate diplomatic efforts aimed at resolving the crisis.
With the warrants issued, global attention now turns to how the international community will respond and whether any practical steps will be taken to enforce them.