NEWS
Abuja’s Civil Servants Transform Eagle’s Square Car Park Into Mini Market
In the midst of adversity, Abuja’s resilient civil servants have turned Eagle’s Square Car Park into a thriving mini-market, showcasing their resourcefulness and adaptability.
The transformation of this once-underutilized space into a bustling marketplace not only reflects the resilience of the human spirit but also provides a glimmer of hope amid the prevailing hardships.
What was once a vacant expanse of concrete has now become a vibrant hub of commerce, offering a wide array of goods and services. From fresh produce and handmade crafts to mobile phone repairs and tailoring services, the Eagle’s Square Car Park mini-market has become a one-stop destination for both civil servants and visitors alike.
The atmosphere buzzes with activity as vendors proudly display their wares, demonstrating their determination to overcome adversity through entrepreneurship.
For them, the cost of finding proper stalls to set up their businesses and services is more expensive than selling out of the boots of their vehicles.
A salesman for electrical appliances, Ogbu Godwin, who started the business seven years ago, said it was his only source of income and livelihood, adding that although the business started small, he had had to diversify to survive.
“I am not a civil servant; this is the only business I do to survive. Usually, in a day before, we make like N3,500. Then we were only selling phone chargers, power banks and stuff like that. Now, we make as much as N10,000 from the sales of extensions, repairing phones, and selling chargers and power banks. If I had a store, half of that would probably go into settling dues, and I cannot afford that,” he added.
A civil servant, who spoke to our correspondent on condition of anonymity, said although she had been in service for over two decades, her jewellery and clothing business had “always been to make ends meet”.
She added that although her five children were old enough to fend for themselves, she engaged in the business to stay active.
She said, “The business has always been to make ends meet. Whichever way you look at it, the economy is biting hard. It is not as if we are making any gains; we are just doing it to stay active because we are growing old.
“We hardly make sales unless in the first week when they pay workers’ salaries. And then we don’t come during the weekends or public holidays. If not for the POS service that we added, sometimes we may not make sales for a whole week. And even that POS, our only gain is from the charges. The volume of business has reduced drastically. The only thing making money for me for now is my cold room, but the weather effects that too because when the rain falls, nobody sees a need to buy anything that is cold.”
Speaking on the legality of her business, she added, “The good thing about this is I don’t have to pay any taxes because I can’t imagine paying taxes from my government job and doing the same for this business. I pay my salesperson N500 per day, just so she also has enough to survive. The unfortunate reality is nothing is coming into the business. So, I pay her from my pocket. I pay the person overseeing my cold room N250 per day, depending on how he sells; so these are the issues.
“Everyone selling in this place is struggling; it’s not easy for anybody. We are all just trying to survive. Nobody is making a profit; nobody is having a field day in the business. We’re all just trying to survive at this time. At least I do this alongside my job, for some people this is their only source of income and they can hardly make ends meet”.
Another saleswoman, who identified herself only as Bose, sold herbal tea, coffee, perfume oils and skincare products out of the boot of her car.
She said although she was not a civil servant, she struggled to make sales on a daily basis.
According to her, the cost of setting up a business in the nation’s capital made her decide to use the boot of her car as her store.
“I am not a civil servant but I come here every day to sell my products. After all, we must survive this economy one way or another. You can’t blame us for selling in this manner. The cost of a full business setup is not something that is easily affordable. You know it’s Abuja; before we pay rent, fix the shop, and pay dues, where is the rest of the money to stock up and sell? Let’s not even talk about other costs: electricity, transportation, repairing damage, paying salesperson, and so forth. Overall, this is the cheaper option,” she added.
Asked about the risk of being picked up by the authorities of the FCT for violating any state codes against illegal marketplaces, Bose replied, “What are they going to do? ‘Demolish’ my vehicle the way they demolish illegal structures? This is a public place. Don’t I have rights?”
Mallam Ibrahim, who sold men’s clothing materials, also stated that the nation’s capital did not encourage the ease of doing business as everything was always too expensive and unaffordable.
“Just this week, I have spent over N20,000 on fuel. That is to transport to a business that is hardly putting anything back into my pocket. And then to set it up in an official store is even worse; it’s a cost I cannot even afford to think about. So, this is easier for me,” he said.
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.
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.