NEWS
Pay more attention to unsettling security situation, nation’s unity, Uzodinma tells Media
Gov. Hope Uzodinma of Imo has urged the media to pay more attention to issues like the depletion of the country’s crude oil output and the unsettling security situation in the country.
The governor made the call while fielding questions from State House correspondents after a closed door meeting with President Muhammadu Buhari on Friday.
Uzodinma was reacting to a question about the choice of the ruling All Progressives Congress (APC) to go for Muslim – Muslim ticket for the 2023 presidential election.
He said the issues of Nigeria’s unity, increasing cases of oil theft and security challenges should be of more concern to Nigerians rather than granting media space to champions of religious dichotomy and ethnic jingoism.
“I think that even the media – I want to use this opportunity to invite you people to prioritize our areas of interest.
“First, the mood of the country today is not about who the candidates are.
”The mood of the country is that two or three years ago, we were producing 2.1 million barrels of crude oil every day.
“For over 12 years, that has been our main source of foreign exchange.”
He decried that because of the activities of those who are anti-national interest, Nigeria had lost over a million barrels and barely managing to produce one million.
“I think we should arise in unison to condemn the activities of crude oil theft by anti-Nigerian interest groups and bring back the economy of the country, because you have to have a country first before you have a president.
“Look at the quantum of banditry going on in Nigeria today, to the extent that bandits are courageously coming into the capital city.
”We should rise in unison and condemned these activities,’’ he said.
Uzodinma stressed that the media should concentrate more on things that would unite the diverse ethno-religious groups in the country.
He said: “We should make emphasis on things that will unite the country and by the grace of God abandon those things that are capable of dismembering the country.
“Our national interest is important. Our national unity is important. Our ability to live together as brothers and sisters is also important.
“The primary purpose of government is for the security of lives and property and the welfare of our citizens. To what extent have we supported federal government in achieving this primary purpose?
“Those are things that should occupy our minds now. But if you throw Nigeria into a situation where religious dichotomy, ethnic jingoism will be at the front burner, it means you are working against Nigeria.
“So, let us allow political parties who have chosen their candidates, no matter the religion where they come from, to go out and do their campaign.”
According to him, it is left for the electorate to reject the ticket by not voting for them or accept the ticket by voting for them.
“But, if we continue to make these things headlines, you are heating up our polity unnecessarily.
”I want to beg you in the name of God, let us save our country,’’ he said
Speaking to the issue of oil theft, the governor charged the federal government to identify the brains behind the menace in the country and bring them to justice
The governor said “the act is a cancer which must be dealt with to steady the economy.’’
He warned against treating perpetrators as sacred cows, saying that anyone involved in the practice must be brought to book irrespective of the status in the society.
“Crude oil theft is like cancer to our economy and a thief is a thief, no matter his class.
“So, the process that will address the issue of crude oil theft will identify those behind it, irrespective of their class and for me, I don’t see any profile that will make a criminal not to be a criminal.
“All I will pray is the repentant mind to believe in the country and save the country the agony of this criminality.
“So, it is something that is very serious, as a matter of fact, it is something that government must take very seriously.
“Nobody should be a sacred cow; whether your profile is high, whether you’re middle-class profile or low profile, you’re considered a thief to national treasury.
”Commensurate punishment should be mated on such an individual, once identified,’’ he added.
Reacting to a recent World Bank outlook on Nigeria’s economic future, which projected that the country faces an existential threat, he said:
“Even 25 years ago, before 1999, World Bank has always said Nigeria will break into pieces and today Nigeria has not been broken into a half piece.
“This country is loved by God and our faith in God has been keeping this country.
“We have had friendly enemies as partners, both internationally and nationally, but yet Nigeria continues to exist.
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“There is nowhere in the world you will go and the gas stations you will see are not Shell, ExxonMobil, Texaco (Overseas), all the major oil producing companies.
“It is only in Nigeria that you will hear languages like independent market, Okafor & Sons Filling Station and all that. What is the World Bank saying about that?
“It is only in Nigeria you talk about subsidy. What is World Bank saying about that?
”It is only in Nigeria you hear jargons like Turn-Around-Maintenance, where else in the world do you have such language?’’
On his meeting with the president, Uzodinma said he sought his s approval for the Federal Medical Centre, Owerri, to be converted to Federal University of Technology Teaching Hospital and for Alvan Ikoku College of Education to become Federal University of Education, Owerri
NEWS
Moghalu Prescribes Good Governance As Panacea To Ethnic Agitation
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
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.