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#Subsidyprotests: Back To Trenches, Action Resumes Aug 14

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It appears that the truce reached by aggrieved parties in the #Subsidyprotests has broken down, so soon after, as orgnanised labour has ordered members and allies back to the trenches as from August 14, 2023.

Biztellers reports that leaders of the Nigerian Labour Congress (NLC) arrived at the decision at a meeting in Abuja, on Thursday, where it also put machinery in motion for immediate reaction if their leaders are arraigned for contempt as the Federal Government is pushing through the Ministry of Justice.

President, NLC, Joe Ajaero, disclosed that the National Executive Council (NEC) of the NLC met and deliberated on the #Subsidyprotests, particularly the contempt charges being pressed against the leadership of the orgnised labour and opted to go back to the trenches.

It was gathered that unless the Federal Government withdraws the contempt proceedings it initiated through the Federal Ministry of Justice secured at the National Industrial Court (NIC), Abuja.

Recall that Biztellers reported that the FG in what appears like an attempt at firing on all cylinders, approached the NIC to curtail the excesses of organised labour, while President Bola Ahmed Tinubu was consultation with labour leaders.

This twist it appears has triggered the organised labour to shift from the conciliatory postures witnessed after their meeting with President Tinubu.

The petition, brought before the NIC, Abuja by the FG, as applicant, titled “Form 48” was a “notice of consequences of disobedience to order of the court”.

The notice, which was addressed to the President of the NLC, had the various leaders of the organised labour as respondents.

Other names listed on the notice were, Deputy Presidents, Audu Aruba, Adeyanju Adewale, and Kabiru Sani; General Secretary, Emmanuel Ugboaja; TUC President, Festus Usifo, and General Secretary, Nuhu Toro.

It was issued under the signature of Senior Registrar, NIC, Balogun Olajide.

It read, “Take notice that unless you obey the directives contained in the Order of the National Industrial Court, Abuja, delivered by Honourable Justice Y. Anuwe on June 5th 2023, as per the attached Enrolled Order, you will be guilty of Contempt of Court and will be liable to be sentenced to prison”.

However, the NLC considers the action as part of the anti-democratic tendencies of the President Tinubu administration, while berating the Ministry of Justice and the NIC for allowing “themselves to be used as agents of anti-democracy.”

Consequently, the labour centre pointed out that though it agreed to suspend its protests based on its meeting with President Tinubu, it would embark on a nationwide strike from August 14, 2023, if the FG insists on pressing the contempt charges against the labour leaders.

On the decisions of the NLC, Ajaero said the NEC resolved to support and affirm the decision to suspend further nationwide mass protest and to commit to maintaining the required vigilance needed to hold the government accountable for its assurances and governance in general.

The NLC also resolved to commit to the terminal date of August 19 within which the issues around the petroleum price hike would be agreed given the assurances of the President and the National Assembly.

According to the statement, the NLC resolved “To go on total strike across the country any day labour leaders are summoned to court by the government through the NICN 5;

“To demand the immediate withdrawal of this litigious terrorism by the Federal Ministry of Justice before the end of work Friday, the 11th of August, 2023;

“To embark on a nationwide comprehensive strike beginning Monday 14th of August, 2023 if this contemptuous court summons is not withdrawn by whosoever initiated it.”

NEWS

Moghalu Prescribes Good Governance As Panacea To Ethnic Agitation

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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

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NEWS

N1.7trn Loan: Atiku Blames NASS For Worsening Nigeria’s Debt Burden

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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.

READ ALSO: CSR: Dangote Cement Fuels Education With Support Projects At Lagos Schools

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.

 

 

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International News

ICC Issues Arrest Warrants For Israeli Prime Minister Netanyahu, Others

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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.”

READ MORE: Osun Govt Decries Attempted Murder Of Park Mgt  Chairman By Police

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.

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