NEWS
New Year Message: Adeleke Assures Osun, Lauds Tinubu
The Osun State Governor, Senator Ademola Adeleke has assured the citizens that he will continue to strive to deliver the dividends of democracy.
The governor took to his new year message, a statewide address delivered in Osogbo on Monday, monitored by Biztellers to count his achievements and share his vision for the state.
While lamenting the level of economic hardship confronting the people, the governor lauded President Bola Ahmed Tinubu and assured the citizenry that he would remain focused on the implementation of the 2024 budget.
Sen Adeleke expressed appreciation for the mass support and high approval ratings he enjoyed among the populace and posited that he and his team are challenged to expand delivery of good governance across the sectors of the state.
He said, “Our administration has big ambitions to develop our dear state. We seek to bridge the developmental gap, to combine human and physical development. We are in a hurry to achieve both human and capital growth. My people, it is achievable. It is doable.
“In the new year, we will refocus attention on cushioning current economic hardship while at the same time building the state’s economic base. Both goals are achievable as we have demonstrated in the last one year.
“We seek your continued support to achieve our common agenda for collective prosperity. We promise to continue to be a listening and responsive administration, a government of the people, by the people and for the people.”
On the ambitions and plans for the state, Gov Adeleke told the people that his “dream is for an Osun economy that gradually moves away from its civil service status to a modern agro – industrial based, creative industry focussed economy”, stressing that such “diversification with a functioning cargo/commercial airport will grow Osun as an export oriented economy as well as a global tourist destination, being the host of important Yoruba cultural assets.
According to the Sen Adeleke, “we remain firmly focused on the Five-Point-Agenda under which you, Osun people, elected us into office. We reaffirm our faith in the principles guiding the five-point-agenda which are transparency and accountability, open government, localisation, responsive leadership and attunement to citizens’ aspirations”
He maintained that his administration achieved a lot in the last one year by ensuring belt tightening, reducing cost of governance and denying ourselves many perquisites of office, adding that “as a Governor, my official expenditures are covered through the approval process rather than security votes, thereby assuring transparency and accountability.
“As of today, our administration is struggling to purchase official vehicles for the state cabinet because the officials of the previous government bolted away with state vehicles. So our cabinet and other top officials have been using their private cars since we appointed them into office. Also, we are still working to renovate the official quarters vandalized by the officials of previous governments. Many of our top officials still operate from their private houses.
“Despite the above handicap, our team is determined to continue to deliver on our electoral promises. I am glad to report with gratitude to God that we have remained responsive to the will and aspirations of our people. We get positive feedback and we are satisfied with our high approval ratings.
“We are challenged to do more. We are prepared to make corrections where necessary as much as we will remain uncompromising when it comes to anti-corruption drive, transparency and accountability as well due process. As I always affirm, our tenure is married to due process, rule of law and fear of God”, Gov Adeleke stated.
He assured of his administration’s willingness to intervene to ameliorate the economic hardship confronting the masses.
While lamenting the harsh economic challenges facing Nigeria, Gov Adeleke commended President Tinubu for his concerted efforts to solve the knotty questions of high inflation, high cost of living and general dislocation in the national economy,which he described as “macro and micro economic issues largely beyond the purview of the state governments.
“We, as a state government, commend President Bola Tinubu for his relentless actions towards economic restoration. But as we all know and as we are still experiencing, the economic crisis continues unabated despite the best of efforts. Osun, through the National Economic Council, is collaborating with the central government to support federal initiatives targeted at reducing inflation, cost of living and stabilising the national economy”, he stated.
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.”
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.
NEWS
Edo State Governor Sets Up Committee To Recover Missing Gov’t Vehicles
Governor Monday Okpebholo of Edo State has inaugurated a 12-member committee tasked with recovering government vehicles reportedly in private hands.
The committee, led by Kelly Okungbowa, has been given a two-week mandate to retrieve the vehicles and ensure their return to the state government.
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Speaking during the inauguration ceremony in Benin City, Governor Okpebholo emphasized the importance of accountability in the management of public resources.
He urged the committee to carry out its assignment thoroughly and within the bounds of the law.
In his response, Okungbowa expressed gratitude to the governor for entrusting the team with the assignment, vowing to deliver results within the stipulated timeframe.
“A lot of vehicles used by the past administration are missing, as those in custody of the vehicles have refused to return them,” Okungbowa said.
“The governor deemed it fit to inaugurate us today with a mandate to recover all government vehicles in private hands.”
The committee, which includes representatives from Edo’s three senatorial districts, is set to investigate and recover the vehicles based on credible intelligence already at their disposal.
“We already have vital information regarding some persons still holding government vehicles,” Okungbowa stated. “We will do the job according to the law, and both the government and the people will be satisfied with the outcome.”
He also called on members of the public to assist the committee by providing information about any government vehicles that may still be in private possession.
“We want to appeal to members of the public who might be aware of anyone still keeping government vehicles in their houses to please inform us to enable the committee to recover such for the Edo State Government,” Okungbowa said.
The committee’s vice chairman, Rt. Hon. Victor Edoror, a former Speaker of the Edo State House of Assembly, will work alongside other members to ensure the success of the initiative. The public can reach the committee at 08110165121.