Connect with us

Politics

Battle For National Assembly Leadership Sparks Division, Regional Tensions

Published

on

 

The contest for the leadership of the 10th National Assembly could result in the emergence of an unexpected candidate, as leaders from the Northern and South-West regions have entered the fray regarding the selection of principal officers for the National Assembly.

 

Currently, a heated dispute has arisen between supporters of the sitting President, Muhammadu Buhari, and those of the President-elect, Asiwaju Bola Ahmed Tinubu, leading to a division within the ruling All Progressives Congress.

 

The conflict centers around the micro-zoning of the Senate President position to Senator Godswill Akpabio from Akwa Ibom State, which has allegedly sparked a covert clash between the two factions.

 

This power struggle has caused a rift among legislators representing the six geo-political zones of the country, deepening divisions along lines of ethnicity and religion among the newly elected senators and their counterparts in the House of Representatives.

 

Concerned about the unfolding situation, prominent figures from northern states, including two former military heads of state, as well as influential traditional rulers from the North and South West, have taken action by intervening and engaging in discussions with key senators.

 

A senator-elect, who requested anonymity, disclosed that the elder statesmen undertook the responsibility individually and personally reached out to influential senators, especially from the Northern region.

 

Their primary message emphasized the importance of prioritizing Nigeria’s unity and national cohesion in their decision-making process regarding the election of Assembly leadership.

 

According to the confidential source, the core appeal made during these discussions was for Northern senators to refrain from utilizing their numerical advantage to overpower the Senate and undermine the fair competition for its leadership position.

 

“Instead, they appealed to us to emulate the APC governors from Northern Nigeria who in the most patriotic manner gave all their support to the emergence of a southern candidate for the party and did all within their powers for the victory of Bola Tinubu from the South-West at the polls.

 

“They are talking to us, especially those who have declared interest in the presidency of the senate to drop their legitimate ambitions for the sake of unity and cohesion of Nigeria and support the Southern region in producing it”

 

The senator-elect further confirmed to our correspondent that initially, the Northern senators were not opposed to the idea of the South producing the Senate President.

 

However, their discontent stemmed from the president-elect’s unilateral decision to choose Senator Akpabio without consulting or considering the opinions of other stakeholders.

 

“But, with the seriousness of the moves by these patriotic and highly respected statesmen and the esteemed traditional rulers, I see the major contender from the North, Abdulaziz Abubakar Yari dropping the gauntlet and supporting a more credible and consensus-vibrant aspirant from the South.

 

“Apart from the manner he was chosen by the President-elect, Northern Senators see an Akpabio-led Senate as an attempt to bring back the agitations for resource control, something they loathe with a passion.

 

“We can not trust his leadership as he is unlikely going to protect the interest of the North,” a northern Senator said.

 

In the North, there are three prominent contenders vying for the Senate President position: Abubakar Yari, Jibrin Barau, and Sani Musa. From the South, potential candidates include Osita Izunaso, Orji Kalu, and Godswill Akpabio.

 

Additionally, there have been unconfirmed reports suggesting that a former Governor of Edo State, Adams Oshiomole, may also enter the race for the Senate President position.

Politics

Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes

Published

on

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.

READ MORE: Ibadan Man On Why He Used 76 Women For Ritual, Ate Others

“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.

 

Continue Reading

Politics

Edo Deputy Gov, Omobayo Ordered To Court Over Refusal To Vacate Office

Published

on

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).

READ MORE: Bobrisky Flees Nigeria Amid Legal Turmoil

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.

 

 

Continue Reading

Politics

Presidency Fires Back At Atiku

Published

on

 

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.”

 

 

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.