Politics
Senate moves to create N1.6billion Council for Economic Diversification
By John Akubo
The Senate has set machinery in motion for well guided diversification of the Nation’s economy to keep the country on the part of economic development
The Economic Diversification Council when in place will serve as special purpose vehicle for urgent facilitation of it’s purpose.
The Council as explained in the bill sponsored to that effect by Senator Aliyu Sabi Abdullahi ( APC Niger North) and passed for second reading, will be self funding after take off grant of N1.618billion for the first year.
Senator Abdullahi in his lead debate on the piece of legislation titled : “A bill for an Act to establish the Nigerian Economic Diversificaton Council and to provide for comprehensive framework, structures, programmes and schemes for strengthening capacity development in that direction ”
Hesaid the new approach will be a departure from policy pronouncements of the past to required legal instrument .
“Specifically the objectives of this Bill is to have a legislative framework for diversification of the Nigerian economy.
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“It includes the establishment and maintenance of programmes for the overall development of the Nigerian e economy, more especially, to encourage the growth of Nigerian industries, services, technologies in order to diversify the Nigerian economy and raise the standard of living of persons living in Nigeria to a reasonable level.
“The critical and urgent need for the diversification of the Nigerian economy to guarantee a prosperous economic future for both the present and unborn generations of Nigerians must no longer be glossed over, if Nigeria is to be kept alive.
“Nigeria need to move away, and , very quickly too, from over reliance on the unstable petroleum revenue to a well-focused diversified economy where the key sectors of the economy like the ICT, Solid minerals, health, manufacturing, power, agriculture and maritime sectors will be productively utilized to provide sources of sustainable revenues for the economy”, he stressed.
According to him, Nigeria’s crude oil proceeds fell by 41.60 percent in the first quarter of 2021 to $6.48 billion from $11.1 billion in the first quarter of 2020.
He explained that despite various loans, reforms and policies by both present and past governments, millions of Nigerians continue to remain impoverished.
“Diversification helps to mitigate volatility and provides a more sustainable path for equitable growth and development.
“It is even more crucial now, given the slower global economy and the pressing need in many developing nations to boost revenue”, he said.
He gave example of Malaysia to embellish his argument by saying ”
since gaining independence in 1963, Malaysia effectively diversified its economy from one dependent on agriculture and commodities to one based on robust manufacturing and service sectors”.
The envisioned law, he added makes for inter-sector synergies among the key sectors of the economy, as well as the creation of a Council to ensure strict implementation of its provisions.
He said the Board of Council sought to be created would be headed by the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria.
He added that Ministers of key sectors like solid minerals, trade and investment, agriculture, health, finance, communication and digital economy, science and technology, Governor of the Central Bank, and key stakeholders in the private sector, among others, would be members to ensure that high level policy decisions are not only taken but implemented.
The bill after exhaustive debate by Senators was passage for second reading and referred by the Senate President, Ahmad Lawan, to the Committee on National Planning and Economic Affairs for further work and report back within four weeks .
Politics
‘You Can’t Fool Nigerians Anymore’ — Wike Blasts ADC, NDC
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has launched a fresh attack on opposition political parties, accusing them of deceiving Nigerians and failing to live up to the democratic standards they claim to represent.
Speaking during his monthly media briefing in Abuja on Monday, Wike said recent controversies surrounding the primaries of the African Democratic Congress (ADC) and the Nigeria Democratic Congress (NDC) have exposed what he described as the hypocrisy and lack of credibility within the opposition camp.
SEE ALSO: ‘PDP Can’t Unseat Tinubu with Wike in Charge’ — Ulasi Blows Hot, Threatens Exit
According to the former Rivers State governor, parties that have consistently presented themselves as the “new face of democracy” and a credible alternative to the ruling All Progressives Congress (APC) are now grappling with the same internal crises they often criticize in other political parties.
“You can’t fool Nigerians anymore,” Wike declared, insisting that the opposition’s claims of being different from the established political parties have been undermined by disputes and protests that trailed their internal elections.
He questioned the ability of the parties to provide effective leadership if they could not successfully conduct transparent and peaceful primaries.
Wike specifically pointed to complaints raised by some presidential aspirants during the parties’ congresses, arguing that the allegations of irregularities and unfair practices showed that the opposition was not immune to the political shortcomings it frequently condemns.
The FCT minister said Nigerians are increasingly becoming aware of what he called inconsistencies in the opposition’s messaging, stressing that parties cannot market themselves as political “messiahs” while struggling with internal democratic processes.
He further argued that the developments reinforce the relevance of older political parties that have spent years navigating Nigeria’s political landscape.
While noting that both the Peoples Democratic Party (PDP) and the APC have faced criticism in the past, Wike maintained that experience remains an important factor in sustaining democratic institutions and managing political competition.
The minister’s remarks come amid heightened political activities and realignments ahead of the 2027 general elections, with opposition parties seeking to position themselves as strong contenders against the ruling APC.
Politics
Fresh ADC Twist: Faction Rejects Atiku Camp, Picks Chris Uba for 2027 Presidency
A fresh twist has emerged within the African Democratic Congress (ADC) ahead of the 2027 general elections, as a faction of the party has rejected the camp backing former Vice President Atiku Abubakar and instead unveiled businessman and academic, Prof. Chris Uba, as its presidential candidate.
The development comes days after another wing of the party reportedly produced Atiku as its presidential flagbearer following a nationwide primary election, deepening the leadership and candidate dispute within the ADC.
SEE ALSO: Atiku Floors Amaechi, Hayatu-Deen to Clinch ADC 2027 Presidential Ticket
Speaking during the formal presentation of candidates in Abuja on Sunday, the faction’s National Chairman, Bala Gombe, said the presidential ticket was zoned to Southern Nigeria in line with the principles of equity, fairness, inclusiveness, and federal character.
According to Gombe, three aspirants initially purchased the party’s Expression of Interest and Nomination Forms to contest for the presidential ticket.
They included Dr. Bashir Sani, Prince Williams Charles, and Prof. Chris Uba.
He explained that the party adopted the consensus option provided under the Electoral Act, leading to the emergence of Uba as the sole presidential candidate after the withdrawal of the other aspirants.
Gombe stated that the decision was taken in the interest of party unity and in compliance with relevant provisions of the Electoral Act, which recognize consensus as a lawful method of candidate selection.
He further announced the unveiling of 29 governorship candidates across the six geopolitical zones, saying they emerged through the party’s internal democratic processes.
Among those presented were Muhammad Usman Shuwa (Adamawa), Idris Adamu Yanoko (Kano), Shamsudin Muhammad (Kaduna), Ibrahim Al-Ameen Gumi (Zamfara), Babagana Mala (Borno), Musliu Babadele (Lagos), Rukayya Salami (Osun), Gbenga Gbenga (Oyo), Gada Suswan (Benue), Dijatu Abdul Salam (Nasarawa), and Christopher Benjo (Delta), among others.
The faction maintained that it had successfully concluded its governorship, National Assembly, and State House of Assembly primaries nationwide in accordance with the Constitution, the Electoral Act, and the party’s electoral guidelines.
The latest development signals growing internal divisions within the ADC as political parties intensify preparations, coalition talks, and strategic realignments ahead of the 2027 general elections.
Founded in 2005, the ADC has continued to position itself as an alternative political platform while seeking to strengthen its structures and expand its influence across Nigeria.
Politics
Kano 2027: Ex-Deputy Gov Gwarzo Lands NDC Gov Ticket
Former Kano State Deputy Governor, Aminu Abdussalam Gwarzo, has emerged as the governorship candidate of the Nigeria Democratic Congress ahead of the 2027 general elections.
The announcement was made by the leader of the Kwankwasiyya movement and former Kano State governor, Rabiu Musa Kwankwaso, in a statement released on Friday.
Kwankwaso also confirmed that former Kano deputy governor, Dr. Nasiru Yusuf Gawuna, would contest for the Kano Central Senatorial seat under the platform of the NDC.
SEE ALSO: Kano Gov Orders Appointees to Resign Before March 31 Ahead of Elections
According to him, the decision followed wide consultations within the party and was guided by the principles of equity, fairness, loyalty, and competence.
“I am delighted to announce that His Excellency, Comrade Aminu Abdussalam Gwarzo, has been selected as our Kano NDC gubernatorial candidate for the upcoming elections,” Kwankwaso said.
He added that the party remained committed to unity and progress as preparations intensify ahead of the 2027 polls.
Kwankwaso also expressed optimism about the party’s chances in the elections while praying for a peaceful and successful affirmation process.
Gwarzo, a close ally of Kwankwaso, previously served as Deputy Governor under Governor Abba Yusuf before resigning following Yusuf’s defection to the All Progressives Congress.
Before his tenure as deputy governor, Gwarzo served as Commissioner for State Affairs during Kwankwaso’s administration and also held office as Chairman of Gwarzo Local Government Area.
Meanwhile, Gawuna served as Deputy Governor under former Kano State Governor Abdullahi Umar Ganduje and was the APC governorship candidate in the 2023 election before recently aligning with the NDC.





