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[OPINION] Nigeria needs census at all costs in 2025 - Jide Ojo
“We must ascertain who we are, how many we are, and how to manage our data. Without an accurate census, we can’t successfully plan for employment, agriculture, and food sovereignty. So many problems come up without accurate data.” – President Bola Tinubu on February 24, 2025.
How many are we in Nigeria? Sincerely, there is no reliable data to back up claims that Nigeria has a population of 220 million. It has all been unreliable estimates. According to the National Population Commission, a census was first conducted in the area known today as Nigeria in the year 1866 by the British colonial government within the Colony of Lagos. There were also decennial censuses conducted only for the Lagos Colony in the years 1871, 1881 and 1901, respectively. 10 years later, in the year 1911, the census exercise covered the Southern Protectorate, including Lagos and the Northern Protectorate. Thereafter, there had been a census in 1921, 1931, 1951/53, 1962, 1963, 1973, 1991 and 2006.
The importance of the national population and housing census cannot be overemphasised or underestimated. NPC listed 13 benefits of having this exercise at regular intervals. It says that accurate census data are critical for developing accurate assessments of economic well-being for the nation as a whole and helping the government in proper economic planning. Data from the census will help the government identify the special population, e.g. people living with disabilities and how the government can be of help to them. Census data also helps the government in designing programmes that aim to identify areas eligible for housing conditions, assistance and rehabilitation.
The data from the census helps in the allocation of funding for numerous educational programmes, such as vocational and adult education and provides data that can help estimate or even forecast the number of schools required, out-of-school children, percentage of literacy in the country, quality of the educational curriculum, et cetera. Census helps generate data that will help business forecasting. That is, identifying areas where businesses can thrive using the population size as an advantage. The resultant profit from this will enhance improvement in the amount of tax that will be generated by the government. Accurate census information helps the government plan disaster recovery and contingency initiatives. The census also provides information on the healthcare needs of the population.
Census data can help formulate, evaluate, change, and propose policies and programmes that help farmers. A population census can provide data that can help the government to be aware of the ratio of security officers to be proportionate to the nation’s population, which can help in improving the security of lives and properties in the country. Census data also assists in the determination of the standard of living of the people. The number of people in a country is used to formulate policies for development.
A population census gives the government an idea of the different demographics in different parts of the country, which will in turn aid the government in the adequate provision of social amenities like water, electricity, roads, and hospitals, which are beneficial to the citizens of the country. Lastly, the census will provide reliable and evidence-based data for the implementation of the revised National Policy on Population for Sustainable Development and the realisation of the SDGs.
It is very heartwarming that President Bola Tinubu has shown renewed interest in conducting a fresh national population and housing census for Nigeria after 19 years. Recall that the last one was held in November 2006. It is also gratifying that the President wants the national population and housing census with biometric and digital components. Tinubu, at the February 24, 2025, meeting with officials of the National Population Commission at the Statehouse, said he would set up a committee to align the census budget to the government’s present financial realities. He said the National Identity Management Commission must be part of the review. The President told the delegation that biometric capturing should be central to the process, with multiple identification features, including facial and voice recognition.
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, said the census data would be central to future planning and resource distribution. He was quoted as saying, “Mr President, we have been having ecosystem meetings to link the identity agencies, even the geo-spatial chaired by the ministry, because of our mandate as the supervising ministry of the National Bureau of Statistics. So, the NPC, NBS, NIMC, Ministry of Digital Economy, passport, social register, voter register, and even telecoms data have been meeting with the National Space Research and Development Agency to see how much is available to the government regarding data and how much optimisation can take place.”
At the February meeting, the NPC Chairman, Nasir Kwarra, said 760,000 tablets had been acquired and stored with the Central Bank of Nigeria, promising that the commission would engage with development partners to seek support whenever President Tinubu proclaimed the new census date. It was reliably learnt that the development partners bore 40 per cent of the costs of the last census exercise. With the mopping up of funds and foreign aid freeze by different countries, it is doubtful if Nigeria can rely much on international development assistance for its national census exercise.
It will be recalled that the immediate past administration of President Muhammadu Buhari had planned to hold the national population and housing census in 2023, but the wrong timing did not allow it to sail through. Historically, it is dangerous to hold a census close to an election year. Not only are the two—election and census—capital intensive, but political interference will most likely not make the census credible. This is why the Tinubu administration must strive to have the census in 2025 because next year will be suffused with preparations for the 2027 general elections.
When the census was to be held in 2023, the cost was estimated at N400bn. However, information in the news media over the weekend shows that the National Population Commission has submitted a bill of N942bn for the 2025 exercise. Now, a lot of people are shouting that it is a padded budget. However, I do not think so. As the saying goes, the best time to buy anything in economics is yesterday. With the devaluation of the naira and the floating of the currency, prices of commodities now cost three or four times their cost in 2023. That is why it is popularly said that “delay is dangerous”. If Nigeria fails to have the census this year, we may have to be looking for trillions by the next time we want to have it done.
The Yorubas say, “A sweet soup costs a lot of money to prepare.” To have a digitised census will cost a fortune more because many of the hardware and software equipment are not manufactured locally and have to be imported using foreign exchange. If the Federal Government can award N15tn Lagos-Calabar Super Highway, we can also source for whatever financial resources will be needed for a long overdue national population and housing census. The funding for the census could come from the federation account since it is a national exercise; states and LGAs should share the cost of the exercise. The critical factor should not just be the cost but how to have credible, reliable, usable, and acceptable exercise. I do not need to remind readers that previous exercises have been enmeshed in controversies and litigations. I fully endorse all cost-cutting measures the Federal Government may want to take, including using youth corps members as enumerators. However, the standard should not be compromised so that the outcome can be fully endorsed by all sections of the country.
[OPINION] Senate house of commotion - Lekan Sote
To be discussing inappropriate, unrequited and not too clear love tangos between Senate President Godswill Akpabio and Senator Natasha Akpoti-Uduaghan of Kogi State Central Senatorial District and the raucous session in the Senate is a waste of precious time.
Except for the need to look out for the interests of females in Nigeria’s political and corporate “jungle”. Senator Akpoti-Uduaghan was once reported to have told whoever to “Please stop turning off my microphone. I represent people, including women who have been silenced.”
The nonsense going on in the Nigerian Senate makes one wish that Amaka Igwe would resurrect, write a script and gather Kunle Bamtefa and the cast of “Fuji House of Commotion” for another sitcom, “Senate House of Commotion”.
How else, other than comedy, should one describe the abandonment of serious affairs of state for frivolities by the Senate President, Nigeria’s number three citizen, and a senator of the Federal Republic of Nigeria, engaging in fare other than the serious affairs of state for which senators are rumoured to be paid about N353m per annum.
How what the Yoruba describe as, “Aa yan ore, aa yan ore,” or the tango over whether people want to date each other or not, has become a matter that is engaging the entire attention of the Nigerian Senate, and almost grinding serious legislative work to a halt, is baffling and regrettable.
Order 11(1,2) of the Senate Standing Orders 2015 (as amended) provides in plain English, “The President of the Senate shall allocate a seat to each Senator (and) a Senator may only speak from the seat allocated to him (or her), provided that the President of the Senate may change the allocation from time to time.”
Senator Akpoti-Uduaghan, who was obviously uncomfortable because the new seating arrangement that arose due to new party realignments was not communicated to her, naturally made her feelings known to the Senate President.
But when she did not get what she would consider to be an appropriate response, she took the matter to Gear 5. She submitted a petition, “directed at… Senator Akpabio… requesting the (Senate) distinguished redress on the matter”, to the Senate Committee on Ethics, Privileges and Public Petitions.
The grounds of the petition were “Reprehensible acts of sexual harassment… (and) deliberate obstruction of legislative efforts”. She listed two occasions, one in Akwa Ibom, when Akpabio allegedly asked her for “quality moments”, and the other, in Abuja, when he allegedly told her he would give her whatever she wanted and all she had to do was to “make me happy”.
The only person who could substantiate at least the Akwa Ibom incident was Senator Akpoti-Uduaghan’s husband, Emmanuel Uduaghan. But she admitted to having deflected her husband’s request to know what Senator Akpabio said to her.
She added, “During a debate in the Senate, (Akpabio) maliciously addressed me inappropriately, referring to me as a nightclub girl.” She prayed the committee to “request a comprehensive investigation into the actions of (Akpabio)”.
However, Senate Deputy Chief Whip, Senator Peter Nwanonyi, thought that the beef of Senator Akpoti-Uduaghan, who worked in Brass LNG, by the way, stemmed from her removal from the Senate Committee on Oil & Gas.
Well, Senator Akpoti-Uduaghan’s petition includes allegations that Senator Akpabio “abruptly removed me as chairperson of the Senate Committee on Local Content… limiting my involvement in the LNG project” in Ajaokuta, in her home state, Kogi.
Rather than address the issues raised by Senator Akpoti-Uduaghan, the committee stood on the technical grounds that the way she handled the petition did not conform with the rules of the Nigerian Senate.
According to the Chairman of the Senate Committee on Ethics, Privileges and Public Petitions, Senator Neda Imasuen, the petition was “dead on arrival” because Order 41(b) says, “No Senator may present to the Senate a petition signed by himself (or herself).” Also, Section 41(7) provides that “The Senate shall not receive any petition on any matter for which there is a judicial remedy.”
But Senator Akpoti-Uduaghan stood on Order 41(1) which enables a petition “to be presented to the Senate by a senator, who shall affix his (or her) name at the beginning thereof,” and got a six-month suspension from a Senate plenary.
The Senate plenary, inappropriately chaired by the Senate President, who is the defendant, chose to discuss the matter after an unconvincing debate, probably stage-managed to make the Senate appear to be liberal and unperturbed by the grave allegations.
Senator Akpoti-Uduaghan had taken the matter to the law courts that seem to be on a recess from taking up the responsibilities of the Independent National Electoral Commission to declare who won or lost elections in Nigeria.
But she is not suing Senator Akpabio based on the content of her petition, but for statements allegedly made on Facebook by his legislative aide, Mfon Patrick, to wit, “Is Local Content Committee of the Senate Natasha’s birthright?”
Patrick allegedly added, “It is bottled anger of the Kogi lawmaker, who knows nothing about legislative rules. She thinks being a lawmaker is all about pancaking her face and wearing transparent outfits to the chambers.”
Only the courts can determine if this amounts to defamation and intent to cause Senator Akpoti-Uduaghan public opprobrium. But whatever cosmetics or garments Senator Akpoti-Uduaghan adorns her body with is not the business of Patrick.
The court should answer her prayer by issuing “an order of perpetual injunction restraining the defendants (or anyone else)… from further publishing, or cause to be published, the said defamatory words… about (her) on the social media platform, or in any other manner, which is capable of defaming (her).” Maybe she should also sue Patrick on relevant cybercrime grounds.
Senator Akpabio’s wife, Ekaete, has gone to court to sue Senator Akpoti-Uduaghan for N350bn on the grounds that the allegation of sexual harassment made against her husband amounted to emotional and psychological abuse of her children and herself. Only the courts can determine if this is frivolous.
And what looks like opposing rented crowds stormed the streets of Abuja in support of one or the other senator. When interviewed by pressmen, some of the ignorant protesters could not even correctly articulate the issues.
Those who wonder if Senator Akpoti-Uduaghan, a lawyer, is conversant with the rules of the Senate, should remember the Rivonia Trials, where Nelson Mandela, also a lawyer, chose to put South Africa’s apartheid regime on trial in the court of public opinion rather than defend himself.
But those stretching the matter of reallocation of Senator Akpoti-Uduaghan’s seat to Rosa Parks proportions are probably not quite accurate, though Senator Ireti Kingibe has pointed out that the Nigerian Senate is not exactly gender-sensitive.
Those who wonder why it appears as if issues of sexual harassment seem to be revolving around these two senators deserve answers. Senator Akpabio was once accused of sexually harassing a former managing director of the Niger Delta Development Commission.
On the other hand, Senator Akpoti-Uduaghan is said to have previously accused three other men, a former state governor, a former sitting senator from her state, and a former presidential aide from her husband’s state, of sexually harassing her.
Both must extricate themselves and the Senate from this web of scandals and concentrate on the urgent and grave matters of state.
[OPINION] Chief Ayo Adebanjo: Memories of a Political Warrior - Bisi Olawunmi
Chief Ayo Adebanjo , Afenifere leader who died, aged 96 ,and last of the original Awoists, was a vivacious, joyous soul. He was a zestful political warrior who embraced political combat with gusto. In his usual ebullience, he embraced death and even humorously cast the news headline for the media on his imminent passage : “ Ayo Adebanjo, leader of Afenifere, the controversial man, is gone”. He had added : ‘’He last spoke with his daughter’’. It was his last video chat. For a man who preached fairness, equity and love of country for a united Nigeria, it was symbolic that he took his last bow on February 14, 2025, Valentine Day , a day humanity celebrate love.
I first made contact with Mr. Ayo Adebanjo, as he was then , the ebony black handsome lawyer , as a village child in Okelamuren, Ogbo community, near Ijebu-Ode , Ogun State when he made a triumphant homecoming on his return from England in 1961. . The then 33- year old lawyer rode into the village in the same car with Chief ( Mrs.) H.I.D. Awolowo. It was a glorious day for us villagers. We, the children, crowded the slow moving car, as it waltzed its way to the village square, to get a glimpse of this illustrious son of the soil just returned from ‘ilu Oyinbo’ ( the White man’s land) . In those days, we village children used to wave at any aeroplane passing over our village asking the passengers, in Ijebu dialect, to help us greet our relations in ‘Ilu Oyinbo’ !!! A childhood blissful ignorance ! We got heightened excitement when we found out that the lady who rode in the car with him was the wife of the legendary AWO ! Mythical Awo !! My maternal grandmother, Olori Adejoke Adebambo, wife of Ilamuren of Okelamuren, Oba Julius Adebambo, referred to Ayo Adebanjo as ‘omo Bada ‘ ( son of Bada ) a Lagos-based , successful goldsmith. Chief Ayo Adebanjo inherited his handsomeness and sartorial elegance from his father, who was always resplendently dressed , with long gold chain.
Chief Ayo Adebanjo was committed to his local Ogbo community, comprising 11 villages ( Ogbo mokanla ) . His country home , a compact, elegant bungalow built on a landscaped expanse of land, in the centre of Ogbo community, straddles Isanya and Okelamuren villages. He was the Asiwaju of Ibido-Ogbo, the Baba Oba of Okelamuren , Grand Patron of Okelamuren Progressive Union ( OPU ) and leader of Ogbo Christian community . For decades, he hosted Ogbo community members in Lagos to annual new year party at his Lagos residence on the second Sunday of every January. He paid his tithe and regularly packaged money for the local clergy at Saint Phillips Anglican church, Isanya-Ogbo. On one of my visits to the country home, I witnessed his doling out two envelopes of money to the assistant pastor of his home church. After the pastor left, I had asked Baba why at age 95 he was still giving out money. He had smiled , pointing out that as church leader , there were some expectations of him, adding that even his wife, also in her 90s, made similar donations. What a devotion !
As is the tradition with Afenifere, Chief Ayo Adebanjo, as Afenifere Leader, hosted the organization’s meetings at his Isanya-Ogbo country home, usually under a canopy provided for the occasion, with entertainment sponsored by various groups. At such meetings, where he presided , Chief Adebanjo stamped his authority , as the man in charge . Meeting must follow procedure as laid out in items in the agenda. If you got up to speak on item 6 while discussion was on item 4, he shuts you up , mid sentence. Also, you don’t go back to an item that had been treated , he would dismiss you as absent-minded, inattentive and a time waster. Some did not like the brusque manner, but to him meetings must be ordered business.
The point is, whoever got to interact with Chief Ayo Adebanjo saw him as a Strong Man ! Strong in intellectual articulation and elocution, a strong robust physique, strong vocally in his emphatic tone and very, very strong in his convictions. With him , there is no ambivalence, no ambiguity – he takes a reasoned stand and sticks with it – his last unequivocal stand being his endorsement of Peter Obi of Labour Party for president in the 2023 presidential election, based on justice and equity. It turned out his last political battle. With Bola Ahmed Tinubu as presidential candidate of the All Progressives Party ( APC ), a large section of Yorubas went into ethnic mode to pillory the Afenifere leader for supporting an Igbo against a fellow Yoruba. Some members of Afenifere left to form a splinter group that endorsed Tinubu for president. Chief Ayo Adebanjo was the target of a bruising campaign of calumny to which he usually responded with infectious , boisterous aplomb in stoutly defending the logic of his stand on equity among Nigeria’s tripod of North, West and East to the presidency. When Peter Obi , the one they said had no structure on ground, scored the landmark, upset victory of defeating, Tinubu, the Lagos Landlord, in his Lagos domain, in the presidential election, the opposition went for broke in the virulence of their attacks on Chief Adebanjo. Nothing was spared in the demonization of the old political warhorse . One character, in a social media post that went viral, even claimed Chief Ayo Adebanjo was half Igbo, that his mother was Igbo !!! Imagine the audacity of that blatant lie. Of course, Chief Ayo Adebanjo’s mother was Yoruba, of Ijebu stock. I had raised the issue with Baba at his Isanya-Ogbo country home, that we should counter this big lie. But he had told me , with a wry smile, “ Bisi, leave them alone. It is not worth it “. Days later, I had an appointment with a Professor of Ophthalmology in Lagos who repeated the lie of Chief Adebanjo not being a full blooded Yoruba because his mother was Igbo. I tried to correct the misinformation but she was not convinced, telling me why was it not refuted. But my greatest shock was on Saturday, February 15, 2025, the day after the passing on of Chief Adebanjo, when at Ede, where I live, people gathered at the vendor’s place in Oke Gada while discussing the late Afenifere leader’s last political stand also said he supported his kinsman Obi because his mother was Igbo !!. It then dawned on me gravity of the menace posed by disseminators of fake news and why it must be tackled by the government with the urgency and severity of sanctions it deserves. If someone can brazenly peddle such a lie about a national figure like Chief Ayo Adebanjo, what can they not publish about us regular folks ?
The 2023 elections which triggered the lie about Chief Adebanjo’s maternal nativity, also drew editorial attacks. Three days to the gubernatorial election, I had written a piece captioned ‘ The Igbo & the battle for Lagos’, published in many newspapers, including The Guardian and The Nigerian Tribune, both on March 16, 2023. In that write-up, I had , among others, stated : “ Whipping up Yoruba ethnic sentiments against the Igbo portrays the APC as a drowning party seeking any straw to cling on. It is a manifestation of the desperation of Tinubu and the APC, apparently destabilized by the Obidients’ phenomenon “. Surprisingly, on the same day the write-up was published , the Tinubu media gladiators published a counter in The Nation newspaper, which did not publish the article itself. Rather than responding to the points raised , the surrogate writer, Ayodele Ola Daniels, described the write-up as ‘’ malicious , malevolent analyses’’ . However, it was a manifestation of their obsession with Chief Ayo Adebanjo that they implied that he sponsored the write-up by noting that : “ After all, Olawunmi’s kinsman , mentor and sponsor, Chief Ayo Adebanjo, endorsed Peter Obi in the presidential election”. Then the clincher : “Pa Adebanjo is not known to have won any election anywhere in his life ! ‘’. This is what had confounded critics of Chief Ayo Adebanjo over the years , how in spite of his not having occupied any of those lofty , aphrodisiac , public offices like minister , senator or governor, he had, by strength of character, attained prominent public visibility and earned respect for his articulate position on issues, from restructuring to a united one Nigeria. He had only been pioneer organizing secretary of the Action Group in the 1950s. One concedes that Tinubu’s thunder in Abeokuta – the Emilokan battle cry – was seen by many as tantamount to committing political hara-kiri, but in spite of the odds stacked against him, still triumphantly clinched the presidency. But the question arises : after the victory, where is the beef ? Back then in 2023, Daniels had assured us that ‘’ Tinubu’s presidency will usher in a new , brighter , more prosperous , stable, secure and United Nigeria’’ and that ‘’ The Bisi Olawunmis of this world would have a long, inconsolable winter ahead.’’. Well, getting to two years on in the Tinubu Presidency, prosperity and security remain elusive and millions of Nigerian Bisi Olawunmis, nationwide, are experiencing inconsolable, harsh economic winter !!
Chief Ayo Adebanjo had opposed Tinubu’s presidential bid on principle of equity and often said it was not a declaration of war, which was why he visited Tinubu during the time he had health challenges before the election. This gesture was lost on the Tinubu boys. However, in spite of the irreverent Tinubu political gladiators, among the glowing tributes to Chief Ayo Adebanjo, I found the one by President Bola Ahmed Tinubu ( a.k.a. Emilokan ) quite gratifying for the humility in publicly acknowledging the pivotal role of Chief Ayo Adebanjo , as acting chairman of the Alliance for Democracy party , in getting him elected as Governor of Lagos state in 1999, a position that launched his political trajectory. “ His ( Adebanjo ) unwavering commitment to truth and justice extended to my journey as governorship candidate in 1999. Baba Adebanjo’s steadfast support was instrumental in my election as Governor of Lagos State under the platform of the Alliance for Democracy’. Tinubu had added : ‘’Until his death, I shared a deep personal bond with Baba Adebanjo; he was like a father figure’’ . Those Tinubu laudatory words about Chief Ayo Adebanjo , ‘’ unwavering commitment to justice ‘’ played out in 1999 in commendation but played out in 2023 in condemnation !!! Chief Ayo Adebanjo, a man of politics without bitterness, died on Feb. 14 - Valentine Day - a day of showing amity, which hopefully, may create a pathway to restoring harmony to Afenifere, the umbrella Yoruba body, which he led with passion and dedication.
Chief Ayo Adebanjo lived a frank , unpretentious and fulfilling life. He harped on life’s transient nature and had always jokingly reminded people of his imminent passage. He used to say : Ayo Adebanjo ti se ti e , o ku siyin lowo ( Ayo Adebanjo has done his beat, it is left for others to carry on).. He ran a good race and ended well. He left a legacy of political fidelity to justice, equity and a principled stand in furtherance of Nigerian brotherhood.
Dr. Bisi Olawunmi, Senior Lecturer, Department of Mass Communication, Adeleke University, Ede, is a former Washington Correspondent of the News Agency of Nigeria and Fellow, Nigerian Guild of Editors. PHONR : 0803 364 7571 Email : This email address is being protected from spambots. You need JavaScript enabled to view it..
Protesters burn Benue LG secretariat, palace over killing of community guards
Protesters are on the rampage over the killing of three community guards in Gwer West Local Government Area of Benue State, setting ablaze the council secretariat and palace of the traditional head of Naka, Ter Nagi, Chief Daniel Abomtse.
Our correspondent reports that the hotel belonging to Senator Titus Zam was allegedly torched by the rampaging protesters in Naka, the headquarters of Gwer West LGA.
Residents said that trouble started in the early hours of Tuesday after youths from the area retrieved the bodies of the guards killed by bandits on Monday evening at a village in Gwer West and brought same to the local government headquarters.
“The youths are angry because the bandits are killing our people and the state government appears not to be doing anything. Since the corpses of the guards arrived this morning, protesters have burnt the council secretariat, Ter Nagi’s palace and a hotel belonging to Senator Titus Zam, representing Benue North West at the national assembly,” a resident who preferred anonymity said.
Victor Ormin, the Chairman of Gwer West LGA told our correspondent on the phone on Tuesday morning that the protest started by youths in the area over the killing of three Benue Civil Protection Guards was hijacked by hoodlums who set the council secretariat and the palace of Ter Naka on fire.
“Yes, they have burned the secretariat and the Ter Naka’s palace. Three protection guards were killed in Garuwa (council ward in Gwer West) by armed invaders so when their bodies were brought to Naka, it sparked protest from the youth and it’s now being taken over by hoodlums,” he said.
The Police Public Relations Officer (PPRO), CSP Catherine Anene, had yet to respond to calls to her telephone by our correspondent.
[DailyTrust]
NATO chief urges EU to strengthen security ties with Turkey
The Secretary-General of the North Atlantic Treaty Organization, NATO, Mark Rutte, has urged European Union leaders to engage with Turkish President Recep Tayyip Erdogan to enhance cooperation on security matters.
This comes following the EU’s efforts to bolster its defense posture in response to the US President Donald Trump’s criticism of European security spending.
Trump’s call for NATO member states to increase their defense contributions to 5 percent of GDP has prompted discussions about strengthening ties with non-EU countries, including Turkey.
Trump, in January, criticised the EU for its low investments in NATO’s defense capabilities, while US Secretary of Defense Pete Hegseth affirmed that Washington had no plans to reduce its military presence in Europe.
Recall that during the Munich Security Conference, US Vice President JD Vance met with Rutte, stressing the need for EU countries to raise their defense spending and for NATO to ensure a more balanced distribution of defense contributions among its members.
[DailyPost]
Supreme Court dismisses PDP case against Aiyedatiwa’s candidacy
The Supreme Court has dismissed the appeal by the Peoples Democratic Party (PDP) and its candidate in the last governorship election in Ondo State, Agboola Ajayi challenging the competence of the joint ticket of Lucky Aitedatiwa and his running mate in the election, Olayide Adelami.
In a judgment on Tuesday, a five-member panel, presided over by Justice Mohammed Garba, was unanimous in holding that the appeal was without merit and that the appellants lacked the locus standi to query Adelami’s nomination.
The court awarded a cost of N8million against the PDP and Ajayi, at N2m each for the four respondents – Adelami, Aitedatiwa, the All Progressives Congress (APC) and the Independent National Electoral Commission (INEC).
The PDP and Ajayi had claimed that Adelami presented forged West African Examination Council (WAEC) certificate to INEC and that he equally possessed multiple identities.
They had prayed the court hold that Adelami was not qualified to contest the election by virtue of the alleged forged certificate and proceed to void the joint ticket on which Aitedatiwa and Adelami contested the election on the platform of the APC.
Details shortly…
[TheNation]
Bitcoin slips below $77000 as recession fears shake crypto market
Bitcoin and other major cryptocurrencies tumbled on Tuesday as concerns over the US economy and trade tensions grew.
Bitcoin dropped 3.2% to $79,937 after hitting a low of $76,624. Ethereum fell sharply by 7.5% to $1,911. The global crypto market cap declined 4.3% to $2.6 trillion, The Economist reports.
Solana, XRP, Cardano and Dogecoin also suffered losses, with Dogecoin plunging 8.5%.
Investor confidence weakened after former US President Donald Trump, in a Fox News interview, mentioned a “period of transition” but did not clarify if his tariff policies might lead to a recession.
His remarks caused declines across cryptocurrencies, stocks, and the US dollar while Treasury yields also dropped.
“The crypto market is seeing its major downturn with Bitcoin falling under $80,000 and Ethereum recording a 16-month low of around $1,800,” said Avinash Shekhar, Co-Founder & CEO of Pi42.
“Fears of a coming recession and the overall market sell-offs are spurring this pullback.”
Macroeconomic factors like inflation and interest rates continue to drive volatility.
“The upcoming Job Openings and Labor Turnover data would be crucial for bulls to take control.
“A positive outcome data could help BTC reclaim the $84,000 mark,” said Edul Patel, CEO of Mudrex.
Bitcoin’s market cap fell to $1.585 trillion, with a dominance of 61.04%.
Trading volume surged 53.14% to $58.13 billion.
“Bitcoin’s ability to reclaim and hold $80,000 remains critical for overall market stability,” noted Vikram Subburaj, CEO of Giottus.
[Punch]
El-Rufai’s Defection: Ologbodiyan predicts implosion in APC
Kola Ologbodiyan, the immediate past National Publicity Secretary of the Peoples Democratic Party (PDP), believes the All Progressives Congress (APC) will implode after Malam Nasir El-Rufai’s resignation from the ruling party.
On Monday, March 10, 2025, El-Rufai dumped the APC for the Social Democratic Party (SDP) following his criticisms of the party and President Bola Tinubu’s administration.
In a statement announcing his resignation from the APC, the former Governor of Kaduna said the party has castrated its organs and treated its membership with contempt.
He says, “There is no desire on the part of those who currently control and run the APC to acknowledge, much less address, the unhealthy situation of the party.”
Reacting to El-Rufai’s defection, Ologbodiyan, while appearing on Arise Television’s ‘The Morning Show,’ maintained that the ex-governor’s defection would trigger a crisis in the party.
“There will be an implosion in President Asiwaju Bola Tinubu’s party, the APC, and anybody in doubt of that should look at what has happened with El-Rufai’s resignation. El-Rufai is a founding machine in the All Progressives Congress, and if a founding machine can leave the party, you can imagine what’s going to follow,” he said.
However, as the PDP struggles to resolve its lingering crisis, Ologbodiyan urged the media to embolden opposition parties, adding that the culture of silence should not be encouraged.
“Let us find a way to embolden the opposition because, without opposition, there is no democracy,” he said.
On the proposed coalition, Ologbodiyan said the PDP has not decided on the matter. However, he added that the party would align with other parties to strengthen the opposition.
He added that one of Abubakar Atiku’s faction of the party or Nyesom Wike’s group will join the proposed coalition.
Bagudu: CBN won’t exceed 5% limit on ways and means lending to FG
Atiku Bagudu, minister of budget and economic planning, says the Central Bank of Nigeria (CBN) will not exceed the 5 percent limit on ways and means financing to the federal government.
Bagudu spoke on the 2025 budget in collaboration with KPMG on Arise Television on Monday.
Ways and means is a loan facility through which the CBN finances the federal government’s budget shortfalls.
Minister said the CBN’s guidelines already limit the amount available to the government under its ways and means facilities to 5 percent in the 2024-2025 fiscal year.
This, Bagudu said, will boost investor confidence in Nigeria’s ability to manage its debt.
The minister stressed that the government will not rely on the CBN to finance its N14 trillion deficit but will explore innovative financing approaches.
“Under no circumstance will the Central Bank be going above the legal limit of 5 per cent, I think that should comport the economy that we are not going to have recourse to,” he said.
“Because we are also going to market in different ways, innovative financing or approaches, the local bonds have been issued, where governments have raised money.
“This represents a statement of intention, just to ensure that those whom we have borrowed from will be confident that we will have enough to meet our debt service obligation.
“If as we anticipate, economic conditions will continue to improve, maybe we may not need to spend after that in debt service.”
On his part, Wale Edun, minister of finance and coordinating minister of the economy, said the federal government prioritises macroeconomic stability, leveraging exchange rate stability, trade surplus, and increased oil production to strengthen Nigeria’s global position.
He added that the country’s foreign reserves have now surpassed $40 billion, reflecting confidence in its economic policies, as the government aims for 7 percent annual growth.
In September 2024, Edun, said the federal government had “exited” servicing its debts through ways and means, a factor analysts often partly blame for high inflation.
In his Independence Day speech last year, President Bola Tinubu said the federal government has cleared over N30 trillion in ways and means advances.
No Plan To End Naira-for-Crude-Oil Policy, Says Federal Gov’t
The federal government has confirmed that the Naira-for-crude-oil swap deal remains in place, countering recent reports of its termination at the end of this month.
The clarification followed reports that the Nigerian National Petroleum Company Limited (NNPC) has ended the agreement with local refiners including the Dangote Refinery.
Chairman of the Technical Sub-Committee on Crude-for-Naira initiative, Zacch Adedeji, responding to the reports said there is no decision at the policy level to discontinue the initiative.
Adedeji said these reports do not reflect the realities of the ongoing work under the Federal Executive Council Initiative on Domestic Sales of Crude Oil and Refined Products in Naira.
“Our attention has been drawn to reports suggesting that the Naira-based crude oil supply arrangement with local refineries has been discontinued, forcing them to rely solely on international crude purchases.
“As the committee driving the implementation of this initiative, we wish to provide an update on the Federal Executive Council initiative and confirm as follows: The Naira-Based Domestic Sales Framework Remains in Place.
“The policy framework enabling the sale of crude oil in naira for domestic refining remains in force. The initiative was designed to ensure supply stability and optimise the utilisation of local refining capacity.
“There has been no decision at the policy level to discontinue this approach nor is it being considered. After implementing the policy for some months, evidence abounds that it is the right way to go and it will continue to help the economy.
“The engagement process for crude oil supply to domestic refineries therefore remains in place by structured agreements, balancing factors such as availability, demand, and market conditions.
“There is no exclusion of local refineries from access to domestic crude. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is actively ensuring compliance with the Domestic Crude Oil Obligations provisions of the Petroleum Industry Act.”
Adedeji, who is also the chair of the Federal Inland Revenue Service (FIRS), said that the framework for domestic crude transactions is designed to promote a competitive and efficient pricing environment.
“We remain committed to ensuring the efficient execution of this initiative in line with its core objectives – enhancing local refining, reducing foreign exchange exposure, and stabilising the domestic fuel supply,” he said.
[Leadership]