Politics
APC Chairman Urges Party Governors To Uphold Manifesto
The National Chairman of the All Progressives Congress (APC), Senator Abdulahi Adamu, has called upon the governors who were elected under the party’s banner to uphold the principles outlined in the party’s manifesto within their individual states.
Adamu made this statement during a gathering of the National Working Committee (NWC) of the APC and members of the Progressives Governors Forum (PGF) at the party’s national secretariat in Abuja.
Acknowledging the challenging circumstances faced by the country, Senator Adamu recognized that the APC governors were assuming office during a difficult period, particularly due to the recent removal of fuel subsidy.
His remarks coincided with the appointment of Senator Hope Uzodinma, the Governor of Imo State, as the new Chairman of the Progressives Governors Forum (PGF).
Uzodinma further added that almost all the potential presidential candidates had pledged to eliminate subsidy if elected into office.
He recalled that immediately after those elections, then president-elect, Bola Tinubu, travelled abroad and was away for about five weeks.
He added that to have an important meeting with the governors, the party thought it was advisable Tinubu was on ground before holding the meeting.
He noted that by the time Tinubu returned to Nigeria, the space was agog with the issue of zoning of leadership positions of the 10th National Assembly, which he said took the winds off their sails.
The APC national chairman said, “So we got engaged trying to see how best we can reach some understanding and before we got over that, we had inaugural activities and we are better placed now to settle down, to invite our governors.
“For us, anything that we will want to say to you is adherence to the manifesto as much as you can. We have a general framework for the governance of the country and you represent those who fly the flag of the party and it is expected that whatever you do, you will have in mind the manifesto that the party gives the country.
“You, as the chief executive officers of the states, must key into this manifesto, but there are peculiarities, there are priorities you must have set and you are bound to do as much as you can to meet the expectations of those who voted for us.
“We are in a very difficult moment and you have come at a very difficult period. Even with the timing of the lifting of the fuel subsidy, this is going to be very specially challenging to us, particularly to you because you are where it matters most.”
Adamu added that the party’s governors were the shock absorbers in the various states of the federation.
“You live with the people. You wake up with the people and you work with them. The expectation is that you could have a better appreciation of their pains as citizens of this country. So, a lot of expectations will be on you as governors of the federating units of this great country.”
The chairman assured them that the leadership of the party would cooperate with them.
He told the APC governors, “If you have any problem, turn to us and we will give you the best advice we can. But whatever we do with you, you are the one wearing the shoes and know where it pinches.
“Two years are for actual governance. Before you know, you will finish with the tribunals, it will be getting to two years and you will start seeing posters and billboards flying, newspaper publications. This is a tradition in our democracy, fortunately or unfortunately. We must be ready for that. So, you have no time to waste.
“Fortunately, you are lucky to have a president, who will listen to you. He has come with the same urge, the same desire to deliver. So, you are lucky. But whatever you do, do not forget that you will bear your cross. You will bear your cross. We will not as a party stand in your way for a good programme. If someone does so, please draw our attention so that we will stop it.”
Uzodinmma said, “I want to assure you that the APC governors understand very clearly that the government each of us are presiding over belongs to the party and we know both at the federal and sub-national levels, the government belongs to APC; it is APC-led government.
“Under my watch, we will be very close to the party. The purpose of the forum is to add impetus to the activities of the party and the government. We are only going to act as salesmen that will market the policies and programmes of government.
“APC is the only party we’ve got in Nigeria. The governors of APC seem to be the most active governors in Nigeria. So, my assurance is that we are just constructive partners to work with the party and our loyalty to the party is absolute. And, indeed, the party will become the envy of other parties in Africa.”
Among the governors present at the gathering were Mai Mala Buni of Yobe State, Yahaya Bello of Kogi State, Abdullahi Sule of Nasarawa State, Mohammed Bago of Niger State, Uba Sani of Kaduna State, Inuwa Yahaya of Gombe State, Nasir Idris of Kebbi State, and Dapo Abiodun of Ogun State.
Politics
Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes
In an effort to reduce Nigeria’s debt burden and stabilize the economy, President Bola Tinubu announced on Monday that the country’s debt service-to-revenue ratio has fallen from 97 to 65 percent over the 17 months since he took office.
Speaking at the swearing-in ceremony for seven new ministers at the State House, Abuja, Tinubu emphasized the government’s progress in stabilizing the economy despite challenging conditions.
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“For us, it was a challenge when the nation was servicing its debt with 97 percent of its revenue. It was nothing but the edge of the cliff,” Tinubu said.
“But today, I can report to you that we have brought that down to 65 percent, and we have never defaulted in meeting all obligations, both foreign and domestic.”
His remarks follow Afreximbank’s recent projection that Nigeria’s debt service-to-revenue ratio could reach 110.4 percent by 2024.
Afreximbank’s 2024 Nigeria Country Brief warned of a troubling upward trend in debt servicing, which could see the ratio surge from 33.8 percent in 2017 to a projected 110.4 percent next year.
However, with continued reforms, the report suggested the ratio might decline to 62.6 percent by 2025.
In the first nine months of 2023, debt servicing consumed 66.9 percent (₦5.79 trillion) of Nigeria’s total revenue, a slight improvement from 99.3 percent (₦4.23 trillion) during the same period in 2022.
Tinubu, while optimistic about economic recovery, acknowledged the ongoing struggles faced by Nigerians due to a sharp increase in the cost of living triggered by recent economic reforms.
“We have taken the bull by the horns,” the President asserted. “We have stopped the scavengers. We will fully put an end to the profiteers and smugglers of our resources across the country. We are not shirking our responsibility; we are confronting it head-on.”
He further expressed confidence that Nigeria was on a “good path” toward recovery, emphasizing that the government remains committed to re-engineering the economy.
He cited the introduction of a new minimum wage as one measure aimed at mitigating rising living costs.
Monday’s ceremony also saw the swearing-in of seven new ministers, part of a recent cabinet reshuffle.
In two batches, ministers including Idi Maiha (Livestock Development) and Dr Jumoke Oduwole (Industry, Trade, and Investment) took their oaths.
The reshuffle, which saw 10 ministers reassigned, five discharged, and seven new appointments confirmed by the Senate, reflects Tinubu’s stated commitment to reshaping his cabinet to meet Nigeria’s evolving challenges.
As the administration continues to implement reforms, President Tinubu emphasized a long-term vision for economic sustainability, not only for the current generation but also for future ones.
“Despite the challenges, we must undertake the job of re-engineering and retooling this country’s economic path,” he said.
Politics
Edo Deputy Gov, Omobayo Ordered To Court Over Refusal To Vacate Office
A Federal High Court in Abuja has mandated that Godwins Omobayo, the Deputy Governor of Edo State, appear in person on November 26, 2024, following allegations of contempt of court stemming from his failure to comply with a previous ruling.
Justice James Omotosho issued the order on Monday, asserting that Omobayo, described as the alleged contemnor, must be afforded a fair hearing in accordance with Section 36 of the 1999 Constitution (as amended).
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The court action was initiated by Philip Shaibu, who was reinstated as Deputy Governor after the court invalidated his impeachment by the Edo State House of Assembly on July 17.
Justice Omotosho ruled that the impeachment proceedings lacked due process and that the grounds for Shaibu’s removal did not constitute gross misconduct.
Shaibu’s suit targets several parties, including the Inspector-General of Police and the Edo State House of Assembly, seeking enforcement of the court’s judgment and demanding that Omobayo vacate the deputy governorship position.
Omobayo assumed office on April 8, following Shaibu’s impeachment.
During the court proceedings, it was revealed that Omobayo was served legal documents but failed to appear.
In response, Shaibu’s attorney, Ayotunde Ogunleye, SAN, urged the court to compel Omobayo’s attendance, citing the need to uphold judicial authority.
In delivering his ruling, Justice Omotosho adjourned the case until November 26 for further proceedings.
He directed that hearing notices be served to the 1st, 2nd, 3rd, and 5th defendants involved in the charge.
“In the interest of justice and to provide the alleged contemnor with an opportunity to defend himself and receive a fair hearing, in accordance with Section 36 of the 1999 Constitution (as amended), I hereby order that the alleged contemnor appear in court in person on November 26, 2024,” the judge stated.
It is noteworthy that the current tenure of the state government is set to conclude on November 12.
Politics
Presidency Fires Back At Atiku
On the heels of the salvo fired by the presidential candidate of the Peoples Democratic Party (PDP) in Nigeria’s 2023 elections, Atiku Abubakar, signalling what might be a long-drawn hot exchange of words, the Presidency has made what it called ‘our initial response to Alhaji Atiku Abubakar’.
This was contained in a statement put out on micro-blogging site, X, Sunday by the Special Adviser to the President (Information and Strategy), Bayo Onanuga.
The former vice president had detailed the shortcomings of the President Bola Ahmed Tinubu administration, making efforts to detail what he would have done differently, that would have better results for Nigeria.
In a swift response, the Presidency countered that Atiku and his ideas “were rejected by Nigerians in the 2023 poll”, based on his antecedents.
The statement reads, “OUR INITIAL RESPONSE TO ALHAJI ATIKU ABUBAKAR
“We have just read a statement credited to former vice president Alhaji Atiku Abubakar, in which he tried to discredit President Bola Tinubu’s economic reform programmes while pushing his untested agenda as a better alternative.
“First, Alhaji Atiku’s ideas, which lacked details, were rejected by Nigerians in the 2023 poll.
“If he had won the election, we believe he would have plunged Nigeria into a worse situation or run a regime of cronyism.
“Abubakar lost the election partly because he vowed to sell the NNPC and other assets to his friends. Nigerians have not forgotten this, nor would they be comforted by Atiku’s antecedents when he ran the economy in the first term of President Olusegun Obasanjo’s government between 1999 and 2003.
“As vice president, Atiku supervised a questionable privatisation programme. He and his boss demonstrated a lack of faith in our educational system, and both went to establish their universities while they allowed ours to flounder.
“Talk is cheap. It is easy to pontificate and deride a rival’s programmes even when there are irrefutable indices that the economic reforms yield positives despite the temporary difficulties.
“Despite the futile attempt to hoodwink Nigerians again in his statement, it is gratifying that the former Vice President could not repudiate the economic reforms pursued by the Tinubu administration because they are the right things to do.
“His advocacy for a gradualist approach only showed that he was not in tune with the enormity of problems inherited by President Tinubu.
“It is so easy to paint a flowery to-do list. It is expected of an election loser.
“President Tinubu met a country facing several grave challenges. Fuel subsidies were siphoning away enormous resources we could ill afford, and there was criminal arbitrage in the forex market.
“No leader worth his name will allow these two economic disorders to persist without moving to end them surgically.
“While advocating for gradual reforms may sound appealing, Tinubu took measures that should have been taken decades ago by Alhaji Abubakar and his boss when they had the opportunity.
“Alhaji Abubakar calls for empathy and a human face to reforms. We have no problem with this as it resonates well with our administration’s focus. President Tinubu has consistently emphasised the need for compassion and protection of the most vulnerable.
“The administration has prioritised social safety nets and targeted support for those affected by recent economic transitions.”