Five years ago, on October 11, when Nigeria celebrated its 59th anniversary, I wrote a piece titled “The Call for a National War on Poverty,” which was published in Thisday newspaper and several other traditional and online news platforms.

The motivation for writing the article stemmed from the excessive focus on fighting corruption, which had created a hostile environment for foreign investors. This focus led to economic recessions between 2015-2023, with Nigeria plunging into recession twice in those eight years.

Today, nearly five years after that article, Nigeria and its citizens continue to grapple with corruption and poverty. Instead of moving from poverty to prosperity, the standard of living has worsened, leading to the #EndBadGovernance protests by angry and hungry Nigerians, which regrettably resulted in significant unrest and destruction.

The four days of protests before President Bola Tinubu’s national address wreaked havoc on the nation so much so that our beleaguered country and its struggling economy suffered further damage, with about 13 lives lost and properties worth billions of naira destroyed. The situation was so dire that the presumed convener of the protest, popular lawyer Olu Adegberuwa, reportedly expressed regret: “I appeal to the protesters to withdraw from their various protest grounds and suspend the protests immediately and indefinitely to give room for meaningful dialogue and engagement with the government.”

In recognition of the severe poverty ravaging Nigeria five years ago, I wrote an article titled “The Call for a National War on Poverty.” Originally published on October 11, 2019, I am republishing and updating it with a new title: “Protests: Issues Around the Issues” which is focused on the question of whether President Tinubu’s reform policies are against or promoting poverty?”

The question raised in this article’s title about whether the current administration is fighting poverty is crucial because unlike his predecessor, ex-President Muhammadu Buhari, who focused his leadership solely on fighting corruption for eight years, President Bola Tinubu’s administration, just over one year old, has concentrated on implementing massive reforms that have the potentials to alleviate poverty. Ostensibly, these reforms are aimed at overturning decades-old policies that have kept Nigerians shackled and in poverty. But they taking a bit longer to manifest their positive expectations which is why some Nigerians are anxious and aggrieved.

Key among these policies are the removal of subsidies on petrol, the naira, and electricity. These have been replaced with new socio-economic paradigms, which, although they hold promise for long-term improvement, have initially caused significant hardships for many Nigerians.

Former President Olusegun Obasanjo offers a unique perspective on the removal of petrol subsidies and boosting local production of this crucial commodity. He remarked, “If those who are selling or supplying refined products for Nigeria feel that they will lose the lucrative opportunity, they will also make every effort to get him (Dangote) frustrated.” He added, “Those problems, as far as the government refineries are concerned, have never gone. They have even increased. So if you have a problem like that and that problem is not removed, then you aren’t going anywhere.”

Five years ago, I called for a paradigm shift in our development strategy from merely fighting corruption to combating poverty and reforming policies that hinder development. This call was ignored by the previous administration, which continued its anti-corruption efforts without investing enough effort in combating poverty. The efforts devoted to solely tackling corruption ultimately proved ineffective, as reflected in Nigeria’s stagnant corruption perception index, while the fight against graft damaged the economy and the country’s image. As a result, the economy and the lives of Nigerians deteriorated, leaving the current administration with the task of alleviating the masses’ frustration after their painful experiences under the former regime.

Given this background, President Bola Tinubu, who promised change, was expected to quickly deliver the benefits of democracy. However, the delayed realization of promised economic reforms, which have had a severe impact on the general populace, has made the Renewed Hope Agenda seem like an illusion. That is why many Nigerians have been anxiously waiting for a drastic improvement in their conditions and becoming impatient as respite is not manifesting in their expected timeline.

Unfortunately, this expectation persists despite being unrealistic. The reality is that it is wishful thinking to believe that Nigeria’s current economic problems, caused by poor policies over the past four to five decades that were supposed to be ad-hoc but became entrenched and permanent, would disappear instantly. When President Tinubu finally addressed the nation on the fourth day of the protests, which had turned riotous, he outlined the steps taken to help Nigeria escape poverty:

“In the past 14 months, our government has made significant strides in rebuilding the foundation of our economy to carry us into a future of plenty and abundance. On the fiscal side, aggregate government revenues have more than doubled, hitting over 9.1 trillion Naira in the first half of 2024 compared to the first half of 2023 due to our efforts at blocking leakages, introducing automation, and mobilizing funding creatively without additional burden on the people. Productivity is gradually increasing in the non-oil sector, reaching new levels and taking advantage of the opportunities in the current economic ambiance.”

He then highlighted that under his administration, the federal government has advanced about N574 billion to government at sub-nationall levels to ameliorate hardships at the grassroots level and Nigeria has reduced the proportion of revenue used to service debt from 98% to 68% and paid off $5 billion in foreign debt. Additionally, he announced an investment of N45.6 billion for the procurement and installation of Compressed Natural Gas (CNG) kits in mass transit vehicles to counter the increased costs following the removal of petrol subsidies. Additionally, Mr. President stated that the government also allocated N200 billion to a newly formed program to drive consumer credit at single-digit interest rates to boost production and purchasing credit for the masses, just as it has provided N50 billion for the newly launched NELFUND, driving the currently functional student loan program. Other initiatives include setting aside $620 million for the empowerment of Nigerian youth through digital and creative enterprises.

Despite these measures, some protesters and leaders from the main opposition parties, the People’s Democratic Party (PDP) and Labour Party (LP), were not appeased. They argued that the broadcast, despite its calls for calm and dialogue, was self-serving. Fortunately, the nationwide tension has subsided, and peace has returned to most parts of the country. This may be because the genuine intentions of the protesters were overshadowed by those with a regime-change agenda, as evidenced by minors waving Russian flags during the protests. The use of minors to display these flags is likely a tactic to avoid prosecution, as the 1999 constitution as underaged individuals cannot be charged for criminal actions.

During the four days of unrest, three global events paralleled the protests in Nigeria.

The first event is the ongoing civil disobedience in the United Kingdom, fueled by misinformation spread via social media, similar to how social media was used during Nigeria’s 2020 #EndSARS protests and is now driving the #EndBadGovernance protests. This disobedience was sparked by the tragic stabbing of three children in Southport by a 17-year-old, Axel Rudakubana, who was wrongly identified by far-right activists as an immigrant.

Although UK authorities classify this as an anti-immigration crisis, I argue it is xenophobia targeting not just blacks but Muslims and non-Caucasian foreigners. This attitude mirrors the xenophobic violence in South Africa, where locals attacked the businesses and homes of successful black immigrants. It is also similar to the events that happened in Nigeria in the mid-1980s when Ghanaians were expelled in an anti-immigration crisis dubbed “Ghana-Must-Go.” A few years ago, Ghana retaliated by antagonizing Nigerians doing business and living there, accusing them of dominating commerce .

These scenarios illustrate that global poverty crises are triggering protests against authorities for either implementing poverty-inducing policies or being lax with immigration policies that allow immigrants, legal or otherwise, to take local jobs.

Just as Nigerians are marching against hunger, Britons are rioting under the guise of anti-immigration sentiments against Muslims, Arabs, and non-Caucasians, whom they believe are taking their jobs and corrupting their culture. This intolerance is both sad and disappointing.

Surprisingly, Britons may not even accept legal immigrants, despite these skilled workers filling gaps left by the UK’s exit from the European Union. This situation highlights global crises of various kinds, with world leaders still struggling to find solutions. This is evident as former U.S. President Donald Trump, now a candidate of the Democratic Party, and his supporters—comprising about 30% of voters, similar to the Republican’s 30%, (with 40% as independents in swing states which both parties are struggling to win over to their respective sides) —also expressing displeasure over illegal immigrants, whom they accuse of taking American jobs.

Given these dynamics, Trump is likely to win the November 5 election due to his stance on immigration, much like Marine Le Pen’s National Rally Party, which gained 143 seats in the French parliament by pushing an anti-immigration agenda. Consequently, with significant seats in the French parliament, President Emmanuel Macron must form a coalition government after the ongoing Olympics in Paris.

These events underscore a growing global intolerance towards foreign nationals and frustration with leaders’ policies on socioeconomic issues and immigration across the world.

Ultimately, citizens are expressing their dissatisfaction through protests and at the ballot box, as seen in the recent violence in the UK and France, following elections that enabled far-right gains. This expression of discontent is a hallmark of democracy, which guarantees freedom of speech, so protests against government Nigeria is not an exception. But forceful regime change which has been established as the sinister motive of some of the protesters in Nigeria is condemnable and thankfully and commendably  Nigerian security agencies gathered enough intelligence to figure it out and nipped it in the bud.

Another significant moment for me is Nobel laureate Professor Wole Soyinka’s condemnation of the Nigerian police’s brutal response to protests, resulting in numerous deaths, a figure disputed between 13 by some accounts and 7 by the Nigerian police. Unimpressed with the police conduct, Prof. Soyinka stated:

“Live bullets as a state response to civic protest – that becomes the core issue. Even tear gas remains questionable in most circumstances, certainly an abuse in situations of clearly peaceful protest.

“Hunger marches constitute a universal S.O.S., not peculiar to the Nigerian nation. They belong indeed in a class of their own, never mind the collateral claims emblazoned on posters.

“They serve as summons to governance that a breaking point has been reached and thus, a testing ground for governance awareness of public desperation.

“The tragic response to the ongoing hunger marches in parts of the nation, and for which notice was served, constitutes a retrogression that takes the nation even further back than the deadly culmination of the watershed #ENDSARS protests.

“It evokes pre-independence – that is, colonial – acts of disdain, a passage that induced the late stage pioneer Hubert Ogunde’s folk opera BREAD AND BULLETS, earning that nationalist serial persecution and proscription by the colonial government.”

Compared to the British police’s reliance on technology and surveillance cameras to manage riots, the Nigerian police’s lack of such infrastructure has led to accusations of unprofessional conduct. However, the security agencies argue that their harsh response was due to a hidden agenda among protesters, aiming for regime change through subterfuge, which they were duty-bound to prevent as earlier stated.

In fact,  it was rather disconcerting and surprising that the suspicion of a regime change became evident when protesters were seen waving Russian flags. This act confirmed intelligence reports, leading the Inspector General of Police, IGP Kayode Egbetokun, to announce that the military was on standby in case the police were overwhelmed. This position was echoed by the Chief of Defense Staff, Army General Chris Musa, in a subsequent press conference.

Considering Russia’s involvement in neighboring Niger Republic, Mali, and Burkina-Faso where regime changes supported by the Wagner Group—a Russian-backed mercenary organization—have replaced French colonial influence, the concerns of Nigerian security agencies about potential plans to forcefully remove the Nigerian president were valid and commendable.

Hence, possibly as a preemptive measure, military force was used in some cases to repel suspected regime change agents who had infiltrated genuine protesters. This might have unfortunately resulted in the tragic deaths of Nigerians, estimated by Amnesty International to be up to 13, though the Nigerian police as earlier stated claim the number is 7. Although the death of even one Nigerian arising from engaging in street protests is unacceptable, the conduct of the Nigerian police, especially the commissioners in Edo, Rivers, and Lagos states, is commendable as they worked hard to gain the trust and confidence of the protesters, making the protests in these locations less destructive.

Another key point for me is the CNN documentary titled “1968: The Year That Changed America,” which highlighted significant events in the US, including the civil rights movement and riots in Washington, DC, revealing the brutality of security agencies at that time. The documentary struck me with the similarity to how present-day Nigerian police had treated protesters, particularly during the #EndSARS riots in 2020, though having learned their lessons they have been less harsh in the current protests. The takeaway from the documentary is that Nigeria’s current practice of democracy is reminiscent of the US in 1968, over half a century ago.

Finally, as the dust from the imbroglio or temporary madness that engulfed our country resulting in an orgy of bloodletting settle, it is hoped that both the administration and the masses have learned lessons from the catastrophic fallouts.

Hopefully, going forward, Nigeria and Nigerians will not be prosecuting just a war on corruption which it has been doing without significant success even before Nigeria secured her independence in 1960 from British colonialists, as one has cataloged in this piece,  but also a more serious war against poverty which is the enemy of the multiple ethnic groups/ nationalities that make up this great nation and who speak over 250 tongues and have reason in unison to declare collectively that they are hungry . As a stanza in our national anthem enjoins us “…though tribe and tongue may differ in brotherhood we stand”. We should all do well to imbibe the wording in the national anthem which are critical ethos that we should operatoonalize of citizens of our great nation, Nigeria.

In light of the foregoing, our subsidiary fights should be against religious bigotry and zealotry as well as against ethnic jingoism which crept into the agenda of the protesters in the nasty incident in certain parts of our country, particularly Lagos state revealed.

Commendably Lagos state governor Babajide Sanwo- Olu distanced the state government from the xenophobic outburst by the leftists.

As the President Tinubu has done in his broadcast and Lagos state governor has demonstrated, we must rise against politics of excluding any members of particularly ethnic sections of our country from living in any part or in the leadership of our country.

In this Final Tribute to my Mum (Ama as I called her), I can “confess” that I knew the end was near for my Mum since December 2023 and I told same immediately to my two sisters and to my wife. Of course, we all hoped that I was wrong, but my head and heart told me that I was right.

My Mum was always very strong spiritually and she lived her life in accordance with the written word in the Bible. It was the physical frailty and her total acceptance of it that made me realise that the inevitable call was near.

I decided therefore that I would visit my Mum in Port Harcourt every month going forward without fail – and so I saw her in January, in February and in March 2024. Each visit was like a last Supper. Indeed, the very last “Supper” we had together was on Friday, 08 March 2024, when I came visiting. In early April, I went to London and intended to come back home to visit her in mid-April.

My phone failed to ring at 9am on Wednesday, 10 April 2024 and so I guessed my Mum had passed on. I waited until it rang just after 10am and it was my Mum’s Doctor on the line telling me what I “knew” already – that my Mum had passed on. My Mum was so reliable that I knew instinctively that, if she was not on the telephone at 9am, as promised, then it meant she had answered the call from her Maker. She was not one for tardiness or lateness.

Since my Mum passed on, the only emotion that I have entertained has been one of immense gratitude to God for granting Mum’s 3 great wishes. These were:

1) Never having to bury a Child, Grandchild or Great Grandchild;

2) Lived to see her youngest Grandchild become an adult.

3) Never really being hospitalised – not even in her final month, week or day;

One of my fondest memories of Mum include the year 1965 when she decided to give me a “crash course” in maturity because she had adjudged that I could go off to King’s College Lagos as a boarder in January 1966 at the tender age of 10 years and 6 months and succeed, notwithstanding the fact that I would probably be the youngest boy in the entire Secondary School.

The foundation for almost everything that I know today about Core Values, Integrity, the Dangers surrounding Cutting Corners and/or trying to be too clever by a half, Loyalty, the rationale for following Due Process etc was laid by my Mum. It was all bedded down by an anxious mother who had a burning desire to protect her only son who was deemed too young (by many) to be allowed to leave Port Harcourt for a Boarding House in “far away” Lagos.

Mum taught me several great lessons of life from a tender age. Some of my favourites were that:

1) Parenting never really stops, where there is genuine love and a shared vision;

2) Contentment is largely a choice. Mum coveted nothing and coveted no one’s position or status;

3) It is possible to love both your immediate family and wider family unconditionally;

4) It is possible to live without fear of any man or woman on earth – and so, those who really knew Mum understood that it was only her God and Maker that she feared. I still hear her voice booming in my ears from our 5-minute one-on-one telephone prayers which took place at the same time of the morning every day over the course of the last three decades. One of her favourite quotes was from the Book of Isaiah: “FEAR NOT: for I have redeemed thee. I have called thee by my name: thou art mine…”

5) Another favourite quote was from the Book of Ecclesiastes: “To everything there is a season and a time to every purpose under the heaven”. Mum believed there was a time to be born; and a time to die; a time to plant; and a time to harvest etc. Her Biography confirms that she knew when it was time to move on to something new or to the next phase of her life.

When she turned 90 in 2014, Mum declared that the time for her to travel outside Rivers State was over and so she would no longer travel long distances. Yes, no more medical check-ups in London or even Lagos. Mum would not change her mind to consider even stepping into a Private Jet to convey her to Lagos. Mum had great conviction and so I knew it was futile trying to argue with her on such matters.

Before Dad passed on in 2016, Mum had instructed me to take over several family responsibilities from him. Unknown to many in the wider family, my Mum was more concerned about me supporting them financially than in asking for herself. She cautioned those living with her day-to-day not to tell me about any needs that they thought she had.  She feared I would then “waste” resources seeking to meet those “frivolous” needs of hers, instead of channeling the very same resources towards what I could do for the wider family, community or the nation.

Mum did not want to end up in hospital and I am glad that she got her wish. My last phone call with her was at 9am on 9th April. She answered the call from her Maker, from her Port Harcourt home, at 10 am on 10th April 2024 – exactly 6 months short of 10th October, 2024, which would have been her 100th birthday.

I dare not weep today or on any other day because Mum won’t like it. She brought me up (her only son) to be strong and stand like a man at all times and to be afraid of no one. Mum always wanted me to behave like a leader – an Influencer that would set the right example so that others can derive strength from my actions – and so I will continue to smile and give God the glory for the awesome life that my Mum lived.

Goodbye Ama – Until we meet again.

•Atedo N A Peterside CON, Arusibidabo of Opobo Kingdom

The presidential candidate of the Labour Party (LP) in the last year’s election, Peter Obi, has asked the President Bola Ahmed Tinubu administration to come clean on the details of the newly acquired presidential jet and those of the old ones being sold off.

He made the call on Tuesday night on his X handle.

Daily Trust reports that President Tinubu, on Monday, embarked on a working visit to France aboard a newly acquired Airbus A330 business jet, amidst controversies surrounding its purchase.

The model, typically used as a twin-aisle passenger aircraft, was purchased last month at a cost of $100m and has now been registered to the Nigerian Air Force.

The modified jet is one of the three presidential aircraft recently seized by a French court in favour of a Chinese firm, Zhongshan Fucheng Industrial Investment Co. Limited, over a dispute with the Ogun State Government.

However, on Friday, August 16, Zhongshan said that it had decided to release one of the three aircraft as a gesture of goodwill, especially due to a scheduled meeting between President Tinubu and his French counterpart, Emmanuel Macron.

Obi said that despite all the denials and back and forth over the newly acquired presidential aircraft, the jet was now here, thanks to the French court that helped Nigerians get the information.

“Now that the Jet is here, can Nigerian taxpayers whose money was used to purchase it need to be privy to how much it cost and how old the aircraft is and how long its been in operation.

“In addition, Nigerians also deserve to know about how the old jets being disposed, how many of them, how old they are, and why they are being sold. Transparency and Accountability should be the hallmark of any genuine leadership,” Obi said.

He said that the federal government would lose nothing but respect, if it failed to provide adequate information about its leadership to the people whose money was being deployed and whose mandate the President was holding.

“A presidential jet is a major symbol of national sovereignty and state power. How much it costs to transport the president, is a major issue of public accountability. I hope that Nigerians will not be denied the right of full disclosure on the new presidential jet,” Obi added.

[DailyTrust]

The Katsina State Police Command has initiated a manhunt to apprehend the killers of a member of the Nigerian Hunters Association, Aliyu Yahaya, who was murdered in the Jibia local government area of the state.

The Command’s Public Relations Officer, ASP Abubakar Sadiq, confirmed the ongoing investigation to the PUNCH on Wednesday morning, stating, “Efforts are ongoing to arrest the perpetrators as the investigation proceeds.”

On August 13, suspected terrorists attacked Yahaya’s residence in Magamar-Jibia, within the Mazanya district of Jibia LGA. They shot him, set his body ablaze and abducted his wife, son and three neighbours.

A family member, Salisu Yahaya, recounted the harrowing incident, saying, “Around 2:00 a.m. on August 13, 2024, armed terrorists scaled the wall of Aliyu’s home, shot him dead, and set his body ablaze inside his room. Despite being fatally wounded, he tried to protect his family from being kidnapped, but the assailants overpowered him and whisked away his family.” 

A colleague of the deceased, Basiru Muhammad, expressed deep sorrow over the loss, describing Yahaya as a patriotic young man who died while serving his community.

Muhammad also called for urgent security measures to prevent such tragedies in the area and across the state.

A neighbour, Amadu Bello, whose two wives and mother-in-law were also abducted, pleaded with authorities to prioritise the rescue of his family members.

“I urge the government to take immediate action to safeguard residents from terrorist activities. The lack of adequate security personnel has contributed to the frequency of such attacks in our communities,” he lamented.

Adding his voice, a traditional titleholder in the area, Aminu Dan Mugyanbo, stressed the importance of decisive action from the state governor, Dikko Radda, to address the security challenges plaguing Magamar-Jibia and other parts of the Jibia Local Government Area.

“As we grapple with the devastating impact of this and many other attacks on our community, we will continue to support the efforts of local vigilante groups in protecting lives,” he stated.

[Punch]

Karl Marx once told us that history repeats itself, first as a tragedy and second as a farce. George Santanya put it differently. ‘’Those who cannot remember the past are condemned to repeat it’’. Does history repeat itself in Nigeria? Let’s examine recent developments. General Ibrahim Babangida came to power in August 1985 and in 1986, he launched an ambitious economic policy known as Structural Adjustment Programme (SAP). The core thrust of SAP was to diversify the economy away from hydrocarbon; create an industrial base that relies on domestic raw materials; deregulate the economy and liberalize the foreign exchange market. Privatization and commercialization were also integral its integral component.

At the first auction of the dollar at the newly introduced foreign exchange market (FEM) late 1986, the Naira plummeted from 0.8 Naira to the dollar to N4.0 to the dollar. It was the first official devaluation of the Nigerian currency since it was introduced and adopted as our legal tender on January 1, 1973. The steady depreciation of the Naira against the dollar and other major international currencies under SAP brought considerable hardships to businesses and the people, just as we have today. Raw materials and manufacturing inputs became too expensive to import, leading to factory closures; massive layoffs and departures of foreign-owned companies. Notable foreign businesses like Pfizer; Hoechst AG and the Dutch electronics giant, Philips left the country, similar to what’s going on now.

Nigerians were groaning as SAP bit harder and harder and there were complaints and grumblings all over the country, just as today, as local businesses were closing in droves. Meanwhile, the military top brass in government continuously asked people to bear with the government, make sacrifices and tighten their belts, but at the same time, they were wallowing in comfort and luxury. In 1989, violent riots broke out spontaneously in Lagos, Ibadan and some parts of the country.

Tagged ‘’SAP riots’’, the protests spread rapidly, but there were no known organizers or leaders. There was no social media then; but words moved around quickly through the whisper network.

Suddenly, a huge rumour emerged that Ebony magazine, the American celebrity magazine, had published an interview with Dr. Tai Solarin in which the social critic and human rights crusader had reportedly divulged that huge amount of dollars had been found in General Babangida’s foreign account. Nigerians rushed and bought off copies of the magazines, but it turned out that there was no such interview in it.

The military government went into an overdrive, trying to manage the crisis. The government reached out to the editors of the publication in Illinois, Chicago, and convinced them to issue a disclaimer. The magazine obliged, stating categorically that no such interview was carried. But the damage has been done. Mind you, Ebony has before then been enjoying generous advertising support from the government. Founded in November, 1945, Ebony focuses on chronicling and promoting the life and contributions of African Americans in the US. It used to be very popular in Nigeria, together with Time and Newsweek. It is an incredible turn of events that these magazines are no longer circulating in Nigeria due to the foreign exchange crisis which started with SAP.

The Babangida regime was rattled by SAP riots, just as the Tinubu administration was unsettled by the recent protests tagged ‘’End Bad Governance Protests’’. The following year (1990), there was a bloody military coup attempt to decapitate the IBB junta, hastening the movement of the nation’s capital to Abuja in 1991. Now, what are the striking similarities between the two epochs and what historical lessons can we draw?

First: The technocrats in the SAP era persistently assured us that the programme was the only panacea Nigeria had. ‘’There is no alternative to SAP’’ was the common refrain. IBB’s first Finance Minister, Dr. Idika Kalu Idika, who was later succeeded by Dr. SP Chu Okongwu, was an ardent SAP advocate. Both were Ivy League-trained economists and IMF and World Bank-honed technocrats. They preached and believed in the wonders of neoliberal economic theories. Complementing their efforts was Chief Olu Falae, who was the Secretary to the Military Government. A Yale alumnus, he was also an unrepentant SAP apostle. Together, they sold SAP to Nigerians like proselytizing clergies, telling us that SAP would work. They asked Nigerians to continue to make sacrifices, bore the pains and tightened their belts. Today, the two main technocrats in the Tinubu administration, Wale Edun and Yemi Cardoso as well as other professionals are busy assuring us that the Renewed Hope hardships would soon fade away, to give way to an era of economic boom. I don’t know if anybody believes them, but selling hope is always the easiest part of governance in this country, and more often than not, the technocrats are the major salesmen.

Second: Just as IBB, the Tinubu administration is bent on pushing through his agenda, no matter the agonies. The withdrawal of fuel subsidy and the massive depreciation of the Naira by last year have wrought the severest economic crisis this country have ever seen. In his eight-year rule, IBB withdrew fuel subsidy three times, (there were calls for ‘’SAP to have a human face’’), but the hunger, desperation and despondency in the population were not this brutal. Or is my memory failing me?

Third: This is not the first time there’ve been exodus of foreign firms from the country due to economic meltdown. By the very nature of their operations, these foreign businesses rely solely on imported raw materials, imported packages and imported inputs - without the slightest effort at backward integration – to conduct their businesses in Nigeria. To that extent, they are prone to serious exchange rate risks that crystallize whenever there are some external shocks in the economy. They are not here to stay because they are fair weather friends (assuming you can even call them friends). It’s therefore not a surprise that they’re taking off again. I’m rather surprised that Nigerian investors are not moving quickly to take their places.

Four: As SAP bit harder and harder, IBB was spending heavily and lavishly to maintain his stay in office. But in those days, the official vehicle of the Head of State was Peugeot 504 salon car! I don’t know what they drive these days, but with recent acquisitions, President Tinubu is indulging in the most lavish lifestyle unseen since 1999. New presidential aircraft; new presidential limousines; new residence for the Vice President, frequent foreign medical trips, etc; and the citizens are told to keep sacrificing!

Looking back, historians believe that SAP would have succeeded but for the pervasive corruption of that era. What will they write about Renewed Hope?

The leadership of the Nigerian Labour Congress has threatened to down tools nationwide in the event that the Nigeria Police detains its President, Comrade Joe Ajaero.

The union handed down the threat on Tuesday morning at its headquarters, shortly after holding an emergency National Executive Council meeting to discuss the invitation of the NLC President by the police over allegations of terrorism financing.

The NEC resolved that Ajaero should honor the police invitation but noted that their legal adviser should seek more time for the NLC President to appear before the police authorities.

Comrade Ado Kabiru Sani, the Deputy President of the NLC, enjoined the nation’s workforce to remain on standby for further directives should the police act contrary to their expectation of detaining Ajaero.

His words: “As a committed labor center, we will honor the invitation of the police because we are not a faceless organization, but we are working with our lawyer for an extension of time.

“In the event that the President is arrested, all workers will down tools immediately. We should wait for further directives from our leadership.”

[DailyPost]

In a tragic turn of events, Rt. Hon, Harford Oseke, the former Deputy Speaker of the Anambra State House of Assembly, has passed away.

The incident occurred on Monday when Oseke, who was engaged in his regular exercise routine at the Alex Ekwueme Square in Awka, the state capital, suddenly collapsed and died.

Efforts to revive him proved futile, and he was pronounced dead shortly after the incident. His body has since been taken to Apex Medical Centre in Awka.

Born in August 1960, Oseke hailed from Umuawulu in the Awka South local government area of the State. He was a learned scholar, having studied law and recently completing a Ph.D. in Public Administration. Beyond his academic accomplishments, he was a prominent figure in the freight forwarding industry in Port Harcourt and was actively involved in the importation of fishing feeds into Nigeria.

Oseke’s political career was closely tied to the All Progressives Grand Alliance (APGA). During Peter Obi’s tenure, he contested for a seat in the Anambra State House of Assembly, where he later served as the Majority Leader before ascending to the position of Deputy Speaker.

Despite his attempts to expand his political influence, including a bid to represent Awka North and South federal constituency in the House of Representatives, Oseke was defeated by the late Rt. Hon Anayo Nnebe.

Rt. Hon Harford Oseke was not only a dedicated public servant but also a devout Christian, recognised as a Knight of St. Christopher. He is survived by his wife and children.

[Leadership]

The Nigeria Labour Congress, NLC, President, Joe Ajaero, has fixed a date to honour the invitation from the Nigeria Police Force.

Ajaero fixed Wednesday, August 29 to honour the invitation.

He communicated the date to the Inspector General of Police via a letter from his lawyers, Falana and Falana Chambers.

The NLC President was summoned by the Police over alleged criminal conspiracy, terrorism financing, treasonable felony, subversion and cybercrime.

Ajaero, in the letter by his lawyers, also demanded details of the allegations levelled against him by the Police.

Parts of the letter signed by Samuel Ogala, read: “Therefore, Ajaero is prepared for your interview on Wednesday, August 29, 2024.

“Furthermore, in accordance with the provisions of Section 36 of the Constitution of the Federal Republic of Nigeria, 1999 as altered, Ajaero requests for the details and nature of the allegations of criminal conspiracy, terrorism financing, treasonable felony, subversion and cybercrime levelled against him.

“While awaiting your response to this letter, please accept the assurance of our highest esteem.”

[DailyPost]

The Lagos State Taskforce has launched a major operation along the Mile 2 Oke section of the Oshodi-Apapa Expressway, leading to the seizure of over 2,000 litres of petroleum products.

The operation is part of a broader effort to tackle environmental and security issues in the area.

The chairman of the Lagos State Taskforce, CSP Adetayo Akerele, spearheaded the raid under the directive of the state government and Lagos Commissioner of Police, CP Adegoke Fayoade.

The initiative aligns with the THEMES PLUS agenda, which prioritizes the preservation of the environment and the protection of lives and property across the state.

The Mile 2 Oke area has recently become notorious for severe traffic congestion, fueled by the proliferation of illegal roadside vendors and shanties.

The activities have not only disrupted traffic flow but have also contributed to an alarming increase in traffic-related robberies and other criminal activities, endangering both motorists and commuters.

CSP Akerele highlighted the particularly dangerous practice of illegal petroleum sales along the roadside, which poses significant fire hazards.

“Among the most pressing issues addressed was the illegal sale of petrol and diesel by the roadside, where over 2,000 litres of petroleum products were seized. This is a highly dangerous practice that poses a significant risk of fire hazards and explosions. We will ensure that such activities that endanger the lives of these illegal merchants and other road users are brought to a complete halt,” he stated.

The Taskforce dismantled several illegal structures and cleared the area of vendors as part of the operation.

Four suspects were arrested, and numerous items were confiscated during the raid.

The Chairman assured that the arrested individuals would be charged to court, and the confiscated items would be forfeited to the state government through legal processes.

CSP Akerele reaffirmed the Taskforce’s commitment to maintaining safety and order across Lagos State.

“We will continue to monitor the area to prevent the resurgence of illegal activities and to ensure that the roads remain clear for safe and smooth transportation,” he added.

[TheNation]