NEWS
Tinubu’s Inauguration Is Unstoppable, Sultan of Sokoto Asserts
The Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar, has called upon Nigerians to offer prayers for the upcoming administration’s success in governing the nation.
Speaking at a roundtable discussion in Abuja with traditional and religious leaders, the Sultan emphasized that regardless of personal preferences, a new administration would assume office on May 29.
The event, organized by the World Bank, aimed to explore solutions for enhancing human capital development, particularly in the field of girl child education, within the country.
The Sultan, who was urging attendees not to abandon the advocacy of ending child marriage and other impediments to the growth of the girl when they get to their community said: “There must be change because in the next few days or weeks there will be a new government, what can we contribute to that government to stabilize?
“Whether anybody likes it, it must take place, a new government is coming on 29 May, so what can we do besides prayers because we believe in Almighty, we believe in God that gives and takes.
“After that so what? What do we do to help the government stabilize and move the country forward?”
He added that it is an opportunity for religious and traditional leaders to work together for the betterment of the country.
“Let us continue to work as one big family with different mothers and fathers or whatever it is, but our main father and mother is Nigeria. As religious leaders, there must be equity and justice in whatever is being done and that is what I think we need to talk about the most,” Sultan said.
While explaining the efforts the leaders undergo for the development of their communities, he said, “We cater for thousands of people to go to schools but we don’t come out to say it. This is a forum where an example is brought for people to know how others can key into this. Some of our big men have so much that I don’t know what they will do with the money if they live 100 or 1,000 years and will not spend N1 of N1m of it, what will they do with it? How can they come out and help, such organizations or groups and individuals who are spending a lot to help our communities.”
He added, “Of course, our health care system, you know what it is, if a big man has a headache, he goes to London to take Panadol and comes back, it is a fact. So many of our governors built so many clinics, nothing is there but littered with rats but in the books, you have built 1,000 clinics in your state, it is a fact. These are things we are seeing.
“I am not mentioning anybody but giving a general view, so let no governor come and pick me and say Sultan has criticized me. I am not criticizing anybody. I am making a critique which is different from criticizing, so people should know that. You can critique an issue so that people will be better. We don’t criticize anybody because we have access to these people to sit down one on one, that is what we have been doing.”
He added that the religious and traditional institutions are bulwark to a progressive growth in the country as such must be accorded due respect.
“We are the most respected religious and traditional leaders and there is nothing anybody can do about it. That is why you see political candidates coming to our palaces to seek our prayers. I am sure many of our colleagues here must have seen so many politicians wanting to be Senate President or Speaker of the House going to your palaces or comfort zones to say, pray for me that I am the best candidate.
“We see this every day, so these institutions are the most prominent and productive for anybody who wants to be in a place where he wants to hold this country. So this country must hold these two together.”
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.