• Financial experts review TV interview

Economic and finance experts have said President Bola Ahmed Tinubu’s Monday media chat showed admirable grasp and clarity of thoughts on the nation’s macroeconomic outlook.

The financial markets reacted positively yesterday, in the first trading day after the presidential media chat.

The naira firmed up, it appreciated by four basis points to N1,540.33 per dollar. At the stock market, the benchmark equities index rose by 829.88 points to a new recent high of 102,186.03 points, implying net capital gain of N503 billion.

Reacting to the one-hour, live engagement between the president and senior journalists, business experts said the president showed a commendable understanding of policy expectations and outcomes, which could further reinforce confidence in the overall economy.

Hajiya Maryam Shettima, described the president’s media chat as a demonstration of strong leadership, which is already impacting more public confidence in his administration. 

Managing Director, AIICO Capital, Dr Femi Ademola, said the president’s macroeconomic thoughts were in line with general expectations.

According to him, the presidential media chat provided very good opportunity to hear the thoughts of the president directly from him and he delivered his thoughts and actions quite very well.

“I am generally okay with his responses especially concerning the economic reforms such as fuel subsidy removal, the tax reform bills and the progress on security,” Ademola, a Chartered Financial Analyst (CFA), said.

He noted that while the president’s candour and lack of political correctness could be misread as lacking in emotion, the president showed confidence and ability to deliver on his electoral promises.

He, however said the government needed to  justify the need for borrowing and its cabinet size by outlining clear deliverables expected from such decisions.

“Be that as it may, the media chat is very welcome and I hope it continues regularly as it is an opportunity to inform and educate the people directly on what the government is doing. Communication with the people should be honest, direct, simple and humble,” Ademola said.

Managing Director, Arthur Steven Asset Management, Mr Olatunde Amolegbe, said the president showed consistency of thoughts that reinforced confidence that with steady progress, Nigeria will gradually surmount current challenges.

He said: “I think on the economic front, the president was clear as to the challenges the economy is facing and what it will take to surmount them. I am glad that he recognised that monetary policy could do only so much to tackle the issue of inflation and he articulated the fiscal and structural issues he would aim to tackle in order to control inflation”.

He noted that the move towards a full liberalization of the economy appeared hard on the citizen because of historic default to subsidies and patch-ups, adding that a continuation of the ongoing policies would lead to a sustainable economic rebirth.

“I believe if we stay the course, as the president insists he would, then there should be light at the end of the tunnel,” Amolegbe, a former president of Chartered Institute of Stockbrokers (CIS), said.

Managing Director, HighCap Securities, Mr. David Adonri, said Tinubu’s delivery was both inspiring and educative.

“I listened to President Tinubu’s first media chat, quite an inspiring performance by him. He exhibited sound knowledge of economics and public finance. The programme was informative, engaging and confidence boosting.

“More of such chat should be organised to enable the public understand the president’s thoughts and the philosophy behind his administration’s policies, a glimpse of which he shared on Monday,” Adonri, a senior investment banker, said.

At the stock market, investors showed strong appetite across the sectors of the economy.  Average year-to-date return for Nigerian equities climbed to 36.7 per cent, making Nigeria one of the three best-performing stock markets globally.

There’s nearly analysts’ consensus that Nigerian stock market would close the year stronger.

Analysts at Afrinvest West Africa said they expected the market “to sustain its broad-based bullish performance as investors continue with strategic portfolio realignment, ahead of the new year”.

Shettima said ongoing reforms were indeed timely, considering Nigeria’s current economic landscape, adding that the removal of petrol subsidy, unification of exchange rates, and the financial sector reforms aimed at correcting market distortions and promoting economic stability are already manifesting results.

 Tinubu on Monday made a passionate appeal to Nigerians to have faith in his administration during the inaugural presidential media chat in Lagos.

He emphasised that despite being only 18 months old, his government is headed in the right direction and marks the beginning of a glorious era.

In her reaction to the takeaways from the presidential media chat, Shettima, through her media office emphasised that the president explicitly conveyed his empathy and support for the ideals of Restoration and Hope, demonstrating his commitment to uplifting the country economically.

She added that the president’s exemplary leadership, highlighting his responsiveness to the nation’s needs and willingness to take bold steps, even in the face of adversity.

Notably, she said Tinubu “has refrained from blame game, instead expressing his commitment to shouldering the responsibilities of leadership, a trait that underscores his accountability, transparency and strong sense of ownership”.

Said she: “Mr. President has demonstrated to Nigerians that he does not only care but is responsive. He has not shied away from all the decisions he has taken since he assumed office 18 months ago, despite the challenges that came with them. He hasn’t blamed anyone for any reason, rather he keeps telling Nigerians that he asked for the job and he will live up to expectation. This is what leadership is all about.

“By engaging in direct dialogue with the public, this administration has effectively bolstered the people’s trust and faith in its leadership. This approach has further helped to foster a sense of transparency and accountability, which is essential for building strong relationships between the government and its citizens. Through this engagement, the President, again has been able to communicate policies, decisions, and visions directly to the public. These engagements build public trust, shape public opinion, and demonstrate leadership, allowing the president to address concerns, showcase his capacity, and influence the national agenda”.

On the ongoing reforms in various sectors of the economy, Shettima appealed to Nigerians to be prepared to withstand short-term challenges associated with the ongoing economic reforms, just as China did, in order to reap the long-term benefits.

She also  hailed President Tinubu’s deliberate approach to implementing these reforms,  urging Nigerians to support him while also constructively criticising areas that require improvement”.

 She said: “It is imperative that we acknowledge and applaud the sweeping reforms implemented across various sectors, which are reinvigorating Nigeria’s economic landscape. Most of these reforms are timely and these are necessary sacrifices that patriotic Nigerians must make for the betterment of the country and future generations.

“This collective effort will ultimately determine the success of the reforms. The administration’s commitment to transparency and dialogue is crucial in navigating the challenges associated with the reforms. The anticipated benefits of these reforms, including improved economic stability, increased investor confidence, and enhanced competitiveness, make them a crucial step towards Nigeria’s economic revival.

“The administration’s bold policy initiatives on fuel subsidy, though initially daunting, are yielding tangible dividends. This bold move has been instrumental in freeing up resources for critical infrastructure development, social welfare programmes, and human capital development.

“The recent decline in petroleum pump prices nationwide can be attributed to the positive impact of market competition, as seen with the operationalization of the Dangote refinery and the Port Harcourt refinery. The crude-for-naira deal has also contributed to this downward trend. As more players, such as BUA and others, enter the market, we can expect even greater competition, which will likely lead to further reductions in pump prices.

“The financial sector, the lifeblood of any economy, has witnessed significant reforms under President Tinubu’s leadership. The administration’s commitment to strengthening the financial system is evident in the establishment of a robust framework for banking operations. This has enhanced the stability and resilience of Nigerian banks, positioning them to support the country’s economic growth.

“Furthermore, the government has introduced measures to deepen financial inclusion, ensuring that more Nigerians have access to formal financial services. This initiative has been bolstered by investments in digital infrastructure, facilitating the proliferation of fintech services and mobile banking platforms.

“The agriculture sector has received a major boost as seen in the 2025 budget with a difference of over 100 per cent  allocation compare to previous year. Just this week, the  President approved N95 billion for the rehabilitation of over 16 Kano dams to boost irrigation farming and the construction of the state Eastern Bypass Road, which will connect the southern region to the city. This is huge, particularly for my people in Kano State and neighbouring states.

“The administration has also implemented policies to attract private sector investment in agriculture, recognizing the critical role that the sector can play in creating jobs, generating revenue, and ensuring food security.

“The Nigeria’s infrastructure sector has received considerable attention. This has been evident in the massive investments in road construction, rail development, and aviation infrastructure. These projects are not only creating jobs and stimulating economic activity but also enhancing the country’s competitiveness and business environment.

 “The reforms implemented across various sectors, though challenging in the short term, hold immense promise for long-term prosperity and stability. I appeal to Nigerians to rekindle their faith in President Tinubu’s leadership and the Renewed Hope Agenda”.

[TheCable]

It’s Christmas day! Hearty congratulations for witnessing it. For Nigerians, it’s been a tough year. A year of vicissitudes. As many Christians troop to church this morning in thanksgiving for surviving this year’s unprecedented hardship, many others are mourning the death of their loved ones who were trampled to death for venturing out to palliative distribution centres in search of food. Gory! Preposterous!! Heartrending!!!

This year alone, there have been seven incidences of deadly stampedes. Foundation for Investigative Journalists in a December 22, 2024 report, online said, “In 2024, at least 84 Nigerian lives have been lost at events and programmes that were originally meant to help the poor and put smiles, temporary or not, on people’s faces. While many have cited shoddy planning and poor organisation by the organisers of such events as the root cause of the disasters that were recorded, some have argued that such could have been avoided had the victims been patient, less desperate and maintained orderliness.” In the past week alone, about 70 Nigerians died in stampedes that happened during food and gift distribution events in Oyo, Anambra and the Federal Capital Territory.

The timelines are as follows: On February 23, seven Nigerians lost their lives in a stampede that occurred during a rice distribution exercise the Nigeria Customs Service organised at its zonal headquarters in Yaba, Lagos. On March 22, three students of the Nasarawa State University Keffi, died during a stampede that occurred while bags of rice were being distributed to them as palliatives by the state government. On March 23, no fewer than seven people died after a stampede that occurred during an almsgiving exercise organised by Shafa Holdings Company Plc, a petroleum marketing company, in Bauchi State. Over 35 people, mostly children, died on December 18 in a stampede at a children’s Christmas party hosted by Naomi Silekunola, an ex-wife of the Ooni of Ife. The incident happened at the Islamic High School in Basorun, Ibadan, Oyo State.

Three days after the incident in Ibadan, another stampede occurred during a palliative distribution event organised by the Holy Trinity Catholic Church in the Maitama area of Abuja, leaving at least 10 people dead. On the same Saturday, 22 people were killed during a stampede in Okija in Ihiala Local Government Area of Anambra State. Though unrelated to food or alms, this newspaper also recalled in its editorial yesterday, “Four people were killed in November at the annual Christ the King Catholic Church in Aba, Abia State, during a procession. Several children were injured in the massive procession.”

These food aid-related deaths are symptomatic of the acute state of hunger and deprivation under this administration. Nigerians under the 18-month-old President Bola Tinubu’s administration are witnessing an unprecedented rise in the cost of living occasioned by his economic reforms, such as petrol subsidy removal and floating of the nation’s currency– the naira.

Unfortunately, the president is very unapologetic for inflicting this untoward hardship on Nigerians. In his maiden media chat last Monday, December 23, he claimed the act and the timing were appropriate. I beg to disagree with that. The subsidy removal should have been removed after the Port Harcourt and Dangote refineries were fully operational and the Compressed Natural Gas presidential initiatives commenced. The premature removal of subsidy is what has thrown Nigerians into this economic abyss where they can no longer feed and pay their bills.

Simple triangulation of commodity prices in May 2023 compared to now; comparison of rent, inflation, unemployment and poverty rate within the same period will show how Tinubu have worsted the lives of average Nigerians. Many compatriots are now heavily indebted with no idea of how to liquidate these debts. Yet President Tinubu sees his student loan scheme as an anti-corruption measure. Can you beat that? Tinubu, now popularly called T-Pain or Tinubulation, should thank his stars that he is not seeking reelection soon; upsets such as happened in the UK in July, the US in November and Ghana in December this year would have been inevitable.

However, the truth is that it is not only President Tinubu who should carry the can for our underdevelopment and national miseries. Successive administrations as well as leaders at the subnational levels are equally guilty. There is no gainsaying that corruption, maladministration and incompetence contribute in no small measure to our current unenviable state of the nation. Fixing the rot in the country, therefore, needs all and sundry.

Today Christmas should not be for lamentation but celebration. It’s a time-honoured custom and I enjoin my compatriots to engage in modest celebrations. This is not the time to be suffering and smiling as Afrobeat music icon, Fela Kuti, sang in his timeless song. Despite the food aid distribution tragedies of the recent past, those who are rich and wealthy should still spare resources for the less privileged. I have suggested on several media platforms that unless you’re a farmer who wishes to give farm produce, it’s easier and better to give financial aid through cash transfer to any target group you want to support. Get them to text their account details and wire the money to them just the same way the Federal Government now does with Conditional Cash Transfer under the Federal Ministry of Humanitarian Affairs and Poverty Alleviation. Cash transfer will enable the beneficiaries to go to the market to buy foodstuffs of their choice.

And those who have the resources to celebrate should be mindful of responsibilities awaiting them after Christmas and New Year celebrations. Schools will resume from vacation early January and tuition and other fees must be paid for children and wards. Some people’s rent will be due in January and even daily living costs must be provided for. Thus, this is the time to save for the rainy day; that’s if you can save at all. Don’t lavish your savings on Christmas merriment and New Year jollification. Both days will come and go but responsibilities will not cease. So, save some money for the after-party. For those who do not have food to eat or money to travel to visit loved ones, keep hope alive and hope for a better future. May we all live to celebrate many more Christmas and New Year, in good health and wealth. Merry Christmas!

The Catholic Bishop of Sokoto Diocese, Matthew Kukah, has attributed Nigeria’s lack of measurable progress since independence to the nation’s tendency to choose darkness over light.

Delivering his Christmas message at the Holy Family Cathedral Catholic Church, Sokoto Diocese on Tuesday night, Kukah emphasised that embracing transparency, accountability, and integrity in public service, politics, and individual conduct could significantly improve the country’s current state.

“Nigeria’s lack of visible and measurable progress is tied to the fact that we have chosen darkness rather than light.

“Imagine if we let the light shine on our public service, on our politics, on our individual, community, and national life, and on our public institutions. Imagine what Nigeria would be like if we chose light instead of darkness,” he said. 

He urged Nigerians to live by the message of the Christian hymn, “They will know we are Christians by our love,” highlighting that the country’s journey to greatness remains constrained by ethnicity, nepotism, and greed.

The bishop also expressed concern over the dominance of ethnicity and religion in accessing opportunities, which, he said, often overshadows the sense of common citizenship.

He noted that feelings of exclusion push many citizens toward violence and frustration, further undermining national unity.

“We are still unable to embrace the ideals of our national anthem that says: ‘Though tribe and tongue may differ, in brotherhood we stand.’ Diversity is a gift from God. Let us use it effectively as a tool for national mobilization and cohesion,” he advised.

Kukah also lauded the passage of the Not Too Young to Run Bill in 2018, which opened doors for increased youth participation in politics.

However, he acknowledged ongoing challenges, such as the high costs of political participation and issues of internal democracy, which still hinder young people’s active engagement.

He also commended the enactment of the Student Loan Act 2024 and the establishment of the Nigerian Education Loan Fund by the federal government.

These initiatives, he noted, have the potential to expand opportunities for Nigerian youth, including those pursuing vocational and technical skills.

“It is significant that the Act does not limit access to university students alone. We hope this project will be free of bureaucratic bottlenecks and favoritism, ensuring that poverty does not exclude anyone from receiving a good education,” Kukah said.

He encouraged the youth to take full advantage of these opportunities while also expressing concern about the ongoing security challenges in the country, which he described as a persistent obstacle to national stability.

Kukah, however, called on all Nigerians to choose the path of light, unity, and love, stressing that these values are essential for the nation’s progress and development.

[Punch]

Christmas is a time for joy, family, and cozy moments at home—and what better way to celebrate than by watching festive movies?

From heartwarming classics to fresh holiday tales, here are ten must-watch films that will fill your day with Christmas spirit.

It’s a Wonderful Life (1946)

This beloved classic has warmed hearts for decades. The story follows George Bailey, a man overwhelmed by life’s challenges, who is shown by a guardian angel what the world would be like without him. It’s a touching celebration of life, love, and community that reminds us of the true spirit of Christmas.

Home Alone (1990)

A Christmas classic, this film follows Kevin McCallister, a clever boy accidentally left behind when his family goes on vacation. His hilarious antics as he outsmarts burglars are unforgettable.

How the Grinch Stole Christmas (2000)

Jim Carrey brings the iconic Grinch to life in this live-action adaptation. The Grinch learns that Christmas isn’t about presents but about love and togetherness. This whimsical tale, filled with colourful visuals and a powerful message, is a holiday staple for both kids and adults.

Elf (2003)

Will Ferrell shines as Buddy, a human raised by elves who ventures to New York City to find his real father. His naive charm and holiday cheer bring joy to everyone he meets. This laugh-out-loud comedy is full of heart, humour, and Christmas spirit, making it a Christmas favourite year after year.

The Nativity Story (2006)

This film retells the biblical story of Mary and Joseph’s journey to Bethlehem and the miraculous birth of Jesus Christ. Its beautiful visuals and heartfelt storytelling make it a meaningful choice for those who want to reflect on the spiritual essence of Christmas.

Klaus (2019)

This beautifully animated film tells the origin story of Santa Claus. Jesper, a spoiled postman, teams up with Klaus, a reclusive toymaker, to bring joy to a gloomy village. Klaus delivers a heartwarming message of generosity and kindness, wrapped in stunning visuals and a fresh take on holiday traditions.

The Man Who Invented Christmas (2017)

This historical drama delves into how Charles Dickens created A Christmas Carol. It explores his struggles and the inspiration behind one of the most famous holiday tales. It’s an inspiring story about creativity and redemption, perfect for anyone who loves classic Christmas stories.

A Naija Christmas (2021)

This Nigerian holiday comedy, directed by Kunle Afolayan, is a fun and vibrant story of a mother who promises her home to the first of her three sons to marry. The competition for love and approval leads to hilarious and heartwarming moments. Its playful tone and relatable themes of family and transformation make it enjoyable for all ages. Plus, it’s streaming on Netflix.

Christmas in Lagos (2024)

Set against Lagos’ vibrant Detty December culture, this holiday romance intertwines several love stories, including Fiyin’s quest for love and Gbemi’s decision between an old flame and her current boyfriend. Its lively Nigerian setting and heartfelt storylines make it a refreshing holiday watch. Available on Prime Video.

A Danfo Christmas (2024)

Follow Akin and his family on a humorous and touching journey from Lagos to Idanre in a rickety Danfo bus. Along the way, they face challenges that test their bonds and reshape their lives. This family-centric tale, full of humour and heartfelt moments, offers a unique perspective on Christmas, exclusively on Prime Video.

Vanguard News

The federal government has launched a 10-year national action plan to protect endangered elephants in the country.

A statement by Ibrahim Goni, the National Park Service (NPS) conservator-general, said the plan was launched in collaboration with the Elephant Protection Initiative.

Goni noted that the action plan will last from 2024 to 2034, adding that the service also inaugurated other conservation initiatives to protect other endangered species.

He added that 25 African Grey Parrots have been rescued from wildlife traders and released into the forests in Cross River.

Goni said the initiatives had led to 621 arrests, with 466 prosecutions and 94 warnings, highlighting the service’s dedication to the fight against wildlife crime.

He added that the service has also enhanced its anti-poaching monitoring through the deployment of high-technology equipment like drones, power chutes, and GSM technology.

Goni thanked partners, noting that they have facilitated donations from organisations such as the Nigerian Conservation Foundation and the United Nations Office on Drugs and Crime (UNODC) to the service.

“We also have donations from Sustainability and Conservation Education for Rural Areas (SCERA) and ACReSAL, supporting the service with essential equipment, training, and funding,” he added.

“Furthermore, 30 forest guards from the federal capital territory forestry department were trained in forest resources conservation and protection by the service.’’

He added that despite the achievements, the service also faced some security challenges, including banditry and terrorism in the course of discharging its duties.

[TheCable]

Last week, Prof. Ismail Adegboyega Ibraheem, who teaches Journalism and Communication Studies at the University of Lagos Department of Mass Communication, paid the debt he owed for his appointment as a professor by the University of Lagos with an inaugural lecture on the interesting topic “Casino Journalism and the End of History.”.

In the lecture, he examined and described the woeful tragedies of journalism practice in Nigeria, whose rot is probably of the same scale and form as the Nigerian judicial system, which is described in the most disparaging language by Attorney Dele Farotimi’s book, titled “Nigeria and its Criminal Justice System.”

When you interrogate “a building or room used for social amusement, specifically… used for gambling,” one of the definitions given by Merriam-Webster Collegiate Dictionary for the word, ‘Casino’, you get a drift of the disastrous state of journalism practice in the Nigerian realm.

After acknowledging that he was “a living testament to the boundless grace and favour of the Almighty,” Prof. Ibraheem recounted how fate denied him the opportunity to serve his mandatory youth corps years in the Nigerian National Petroleum Corporation but pushed him to the Civil Liberties Organisation, where he served and ended up working for eight years.

His tour of duty with CLO allowed him to work closely with the Nigerian media, where he had first-hand experience of the tricky world of “shaping public discourse and crafting narratives that advanced” identified causes.

He notes that the first constraint of the media in Nigeria is the ethnic and religious affiliations of their proprietors, which determine the nature of their content. To work with Nigeria’s media, CLO adopted three strategies, namely, co-opting journalists; sponsoring their investigative reports that are considered worthy of the attention of the public; and engaging the media in its programmes.

In choosing the thrust of his inaugural lecture, Prof. Ibraheem asked himself, “What should the role of journalism and the media be in (the) society?” He then proceeded to critically evaluate how the media met, or unmet, society’s expectations.

His theory, which agrees with the question posed in the title of the inaugural lecture of his teacher, Prof Ralph Akinfeleye, “Is journalism the Fourth Estate of the Realm or the Fourth Estate of the Wreck?” is as follows: “Is there an intrinsic connection between society’s governance structure and journalism’s performance?”

He alerts his audience that Nigeria’s media is being assaulted by the rise of blogs and clickbait-driven content; the pervasive influence of foreign-owned media that is shaping the consciousness of Nigerians; increasing dependency on news sourced from social media; and sensational journalism.

He cautions, “Reducing the crisis in (Nigerian) journalism to ‘brown envelope’ (or accepting gratification)… alone, risks oversimplification and cosmetising what is, in truth, a systemic, structured, and existential problem within the industry.”

“Casino Journalism”, he explains, is a critique of the “randomness, sensationalism and profit-driven motive that sacrifices journalistic integrity and the public good… for short-term gain and sheer adventurous clicks.”.

He contends that those who practice journalism mostly online “do not stand by facts” and usually “retreat readily when confronted by facts.” He adds, “Casino Journalism describes a style of media reporting in which sensationalism, entertainment and speculation overshadow thorough investigation and factual accuracy.”

It derives its name from the notion that “journalism, instead of being in serious pursuit of truth, has become a game in which the media stakes its credibility for high ratings, clicks, advertising revenue and personal gains.”.

“The End of History,” a metaphor that he adopted from a Japanese-American writer and academic, Francis Fukuyama, “reflects the existential risk (that) these (base) practices (of the Nigerian media) pose to journalism’s role as a cornerstone of democracy.”

He then goes further with the argument, “When journalism loses its compass, we risk a society devoid of critical inquiry, accountability and truth—a society where history (or humanity?) ceases to evolve in its true sense.”

Prof. Ibraheem acknowledges that, from its inception in 1859, the Nigerian media has played positive roles in the history of Nigeria: Its defining roles included setting Nigeria’s political evolution,… the struggle for independence, the fight for the return of democratic governance during the years of military rule and the subsequent efforts to sustain democracy.”

Also, he contends, “At the core of adherence to professionalism is good journalism that can help to unearth the truth, presenting facts in a clear, accurate and unbiased manner. It provides the public with the information necessary to make informed personal, political and social decisions.” You could add that a media that fails in this assignment has completely lost its purpose.

Prof Ibraheem enumerates the five filters, compiled by American scholars Edward Herman and Noam Chomsky, that the media (including the Nigerian media) uses in choosing to publish stories that serve the interests of the privileged few while also compelling other citizens to align with the agenda of the elite.

The filters are: “Ownership and profit motive; advertising dependency; government influence; flak and anti-dissent mechanism; and ideological alignment.” To emphasise the extent to which the credibility of the Nigerian media has been compromised and undermined, Prof. Ibraheem assembles a list of breaking news that ebbed out after a Pacific tremor that quietened without notice.

This breaking news that ended up with a hugely underwhelming impact are: The failure of Nigeria National Petroleum Corporation (sic) to remit billions of dollars of petroleum revenue to the government’s exchequer; the unending recovery of Abacha loot; the arms purchase scandal; the nearly successful scam of the government by Process & Industrial Development and its Nigerian collaborators.

Others are the Halliburton scandal; the Ibrahim Magu scandal; the inconclusive probe into the Niger Delta Development Commission scandal; the National Assembly budget padding scandal; the Malabu Oil money laundering scandal; and the most recent Ministry of Humanitarian Affairs money transfer scandal.

In all these, the media was unable to provide accurate, investigative and contextualised reporting. Prof. Ibraheem’s refrain, “Game over. End of history. We move on,” after each revelation, is chilling and graphic evidence of the complicity of the Fourth Estate of the Realm with the political class and its failure to discharge its constitutional responsibility to the people of Nigeria.

Prof. Ibraheem concludes, “The convergence of Casino Journalism and End of History… has profound implications for how the public understands history and current events,” arguing that, whereas Casino Journalism “contributes to shallow understanding of history, by concentrating on sensational stories,… the “End of History” mindset… discourages critical reflection on the past and its lessons on the present.”

This treatise serves as a wake-up call to media owners, editors and journalists to rethink the practice of their profession and the discharge of the grave responsibility assigned to them by Section 22 of Nigeria’s Constitution.

The Constitution provides, “The press, radio, television and other agencies of the media shall, at all times, be free to uphold the fundamental objectives contained in… (Chapter II of the Constitution) and uphold the responsibility and accountability of the government to the people.”

The revelation of the odoriferous underbelly of the journalism profession in Nigeria by Prof. Ibraheem should elicit positive changes and not the cynical attitude of those who may regard it as a putdown in the Kemi Badenochsque order of Nigeria bashing.

In April 2010, the Osun State Police Command arrested 6 young persons for armed robbery. 4 defendants namely Dare Sunday (15), Adedeji Samuel (15), Ojo Dare (16), Adeyemo Akeem (14) were released for undisclosed reasons. However, Segun Olowokere and Morakinyo Sunday were eventually arraigned in October 2012 on an 8-count charge of armed robbery. Upon arraignment of the duo, the police informed the trial court the the 4 defendants had jumped bail without any evidence that they were declared wanted!

In the course of the trial, the defence counsel contended that the 2nd defendant (Morakinyo Sunday) was non compos mentis. The trial judge dismissed the allegation of insanity of the second defendant and proceeded with the trial. However, in the judgment, it became clear that the trial judge was not sure that the second defendant was sane. Thus, in his judgment delivered on December 17, 2014, the trial judge held as follows:  

"1. In view of the age of the two convicts, it is hereby recommended to the Governor that it may please him, he should commute the death sentence and life imprisonment to (say) 10 years IHL.

2. The medical officer in charge of the prison where the second convict, Morakinyo Sunday is being kept is hereby ordered to investigate his level of insanity. If the convict shall be found to be insane and constitutes a danger to fellow inmates and prison officials, the 2nd convict shall be transferred and kept in an asylum where destitutes are being kept. He shall remain there at the pleasure of the Governor. I so order. "

Although, we are not sure whether the prison authorities investigated "the level of insanity" of the second defendant as ordered by the trial judge, the recommendation that the sentences of life imprisonment and death passed on the two convicts be commuted to 10 years jail was not brought to the attention of former Governors Rauf Aregbesola and Gboyega Oyetola by the Ministry of Justice and the prison authorities. 

If the sentences had been commuted to 10 years imprisonment, both convicts would have walked out of the Kirikiri Maximum Correctional Centre two and a half years ago. Unfortunately, the convicts and their parents did not know that the trial judge had recommended that the sentence of death penalty be commuted to 10 years imprisonment. 

However, it was reported last week that Governor Ademola Adeleke had pardoned Segun Olowokere. On account of the pardon, he has since been released from prison custody. While Segun Olowokere is currently breathing the air of freedom, his colleague, Morakinyo Sunday is still languishing in his condemned cell in the Kirikiri Maximum Correctional Centre. 

Since Segun Olowokere and Morakinyo Sunday were convicted for the same offence of armed robbery and sentenced to death, the law requires that they be treated equally as section 42 of the Nigerian Constitution has prohibited any form of discriminatory treatment of citizens. We are therefore compelled to urge Governor Adeleke to exercise his prerogative of mercy in favour of Morakinyo Sunday by granting him pardon, as soon as possible.

While US President-elect Donald Trump's administration will have far-reaching implications for America and many of its allies, Africans can expect a continuation of past trends. America has long neglected the continent, viewing it mainly through the lens of corporate interests, and that is unlikely to change.

PRETORIA – US President Joe Biden’s recent trip to Angola was only his second to Africa, following his appearance at the 2022 United Nations Climate Change Conference in Sharm El-Sheikh. Coming near the end of his presidency, the visit perfectly captured America’s disregard for the continent. To the United States, Africa is an inconvenient theatre of strategic rivalry, demanding attention only for its valuable minerals and raw materials.

Under Presidents George W. Bush and Barack Obama, the US established a military presence in more than a dozen African countries as part of a largely ineffectual counter-terrorist strategy against al-Qaeda and Islamic State affiliates. And during Donald Trump’s first presidency, the US paid hardly any attention to the continent.

Although Biden did host a US-Africa Leaders Summit in Washington in 2022, his administration did not bother to seek African input when shaping the event’s agenda or drafting a strategy toward Sub-Saharan Africa. The latter focused largely on containing China’s presence on the continent, while paying lip service to Africa’s development and security needs. The US State Department’s Bureau of African Affairs has remained massively under-resourced.

Although China is America’s third-largest trade partner and second-largest creditor, the US frequently warns Africans that it is a “malign” influence advancing “its own narrow commercial and geopolitical interests” on the continent. True, China sometimes pursues one-sided deals – as it did in the Democratic Republic of the Congo (DRC) – and it has a military base in Djibouti. But this hardly compares to America’s overwhelming military presence in the region. Moreover, America accounted for 16% of arms sales in Africa between 2019 and 2023, compared to China’s 13%.

China’s focus has been more on development, with its Belt and Road Initiative funding the construction of roads, bridges, and railways across Africa. And China remains Africa’s largest bilateral trade partner, with turnover reaching $282 billion in 2023, four times more than Africa-US trade. In addition to lending African governments $160 billion over the last two decades, Chinese-backed projects now account for 20% of Africa’s industrial output and nearly one-third of new infrastructure projects worth more than $50 million. The overwhelming majority of African debt is owed to Western creditors. Only seven of 22 debt-distressed African countries owe more than one-quarter of their public debt to China.

Unlike China, the US views Africa primarily through the lens of its multinational corporations. US funding mechanisms are maddeningly bureaucratic and slow compared to China’s flexible and fast approach. The US-led G7 Partnership for Global Infrastructure and Investment has produced mostly talk and little action.

Biden’s visit to Angola was supposed to showcase the Lobito Corridor, a project (backed by $803 million in US loans) to renovate the 1,700-kilometer (1,056-mile) railway linking Angola to land-locked cobalt and copper mines in the DRC and Zambia. But if the US was sincere about promoting Africa’s development, it would work with China, which is renovating the Tanzania-Zambia railway it built in 1975. Ironically, exporters of cobalt to China could end up benefiting the most from America’s Lobito Corridor project.

On the matter of global governance, the US has pushed for two African permanent seats on the UN Security Council; but these, notably, would not come with the veto power enjoyed by other permanent members (the US, China, Russia, France, and the United Kingdom). More positively, Sub-Saharan Africa was awarded a 25th seat on the International Monetary Fund’s Executive Board in July (though Mexico still received more in IMF loans last year than all 55 African countries combined). But US-dominated institutions like the World Bank and the World Trade Organization remain hostile to debt suspension and trade preferences that would benefit African countries.

Similarly, the Biden administration has contributed funding to peacekeeping efforts in Africa, and it backed a UN Security Council resolution last December to use funds from the UN’s regular budget to support African-led operations on “a case-by-case basis.” However, it has balked at using these funds for the African Union force in Somalia (now in its 17th year), and is instead pushing to fund a mission in Sudan – where there currently is no peace to keep or any realistic prospect of such a force being deployed. Worse, the US has turned a blind eye to reported arms sales to Sudan’s genocidal Rapid Support Forces by its ally, the United Arab Emirates.

During Trump’s first term, he famously referred to African countries as “shitholes” and never set foot on the continent or held a summit with African leaders. In contravention of a UN plan to organize a referendum on self-determination in Western Sahara, his administration recognized Morocco’s 1975 annexation of the phosphate-rich territory. Now, several of his advisers are reportedly keen on recognizing Somaliland (a self-governing part of conflict-wracked Somalia), which could further destabilize the Horn of Africa.

More positively, the first Trump administration sought to mediate a dispute between Egypt and Ethiopia over the Grand Ethiopian Renaissance Dam. And Trump withdrew America’s 700 soldiers from Somalia on the eve of his departure, though the Biden administration reversed that decision.

But the writing is on the wall. Recognizing that the US Africa Command is not prepared to risk the lives of American soldiers in dangerous counterterrorism operations (it prefers to use African troops as cannon fodder), Niger’s military junta recently ordered the closure of America’s $100 million air and drone base. Likewise, France’s decade-long counterinsurgency force in the Sahel has collapsed. The US would be unwise to try to throw a lifeline to the French, lest it be tarred with the same neo-colonialist brush.

Perhaps the best that Africa can hope for from an isolationist Trump administration is a further withdrawal of US troops from Africa. Greater US cooperation with China would benefit everyone, but that seems unlikely.

Adekeye Adebajo, a professor and a senior research fellow at the University of Pretoria’s Centre for the Advancement of Scholarship in South Africa, served on UN missions in South Africa, Western Sahara, and Iraq. He is the author of Global Africa: Profiles in Courage, Creativity, and Cruelty (Routledge, 2024) and The Eagle and the Springbok: Essays on Nigeria and South Africa (Routledge, 2023).

Dear Fellow Nigerians,

On this joyous Christmas Day, I extend my heartfelt greetings to Christians across Nigeria and worldwide as we celebrate the birth of Jesus Christ, as narrated in the Holy Scriptures.

Christmas embodies the fulfilment of divine prophecy and symbolises the triumph of love, peace, and unity. It is a poignant reminder that light can emerge even in the darkest times, bringing solace and hope. This belief resonates with people of all faiths. Indeed, God is with us.

Recent tragic events in Ibadan, Okija, and Abuja deeply sadden us, and our thoughts are with those who continue to suffer from these heartbreaking incidents. We earnestly pray that such misfortunes do not revisit our families and communities and that the lives of innocents are never again cut short.

I offer my deepest sympathies to the families enduring pain and loss this year, whether from floods, fires, or accidents. May we all find comfort and solace in our faith, the support of loved ones, and the abiding presence of Jesus Christ. Our compassionate and merciful God stands with the weak, the brokenhearted, and the sick.

As we celebrate this blessed season, let us be mindful of those facing difficulties. They are not far from us—our neighbours, family members, and the people we encounter daily, whether in places of worship, markets, offices, or boardrooms.

Kindness transcends financial status. Those with modest means and those with abundance need a smile or a word of encouragement.

We must also honour our brave troops, who risk their lives to safeguard our nation. They deserve our prayers and steadfast support.

Let us extend similar support and prayers to our nation's leaders. With your backing, we can serve our country diligently and strive for prosperity.

Nigeria is on a promising path of restoration and progress, with every indication pointing toward a bright future. In the spirit of this season, let us renew our hope and belief in a prosperous Nigeria.

For those travelling during this festive period, I wish you safe journeys. Rest assured, the government is taking all necessary steps to ensure our transportation routes are secure and convenient. We also provide free train services and subsidized road transport costs on 144 routes nationwide to ease your travels.

Wishing you all a Merry Christmas and a joyous and prosperous New Year.

Bola Ahmed Tinubu

President, Federal Republic of Nigeria

President Tinubu’s engagement with the media Monday night was his first since his inauguration last year and it was quite telling in a few ways. For a man of his age, he showed a keen mental alertness that belies his obvious physical frailties. If the President did not have the benefit of advance questions, I give him kudos. He performed relatively better than what we saw during the campaigns. But this was not close to the PMQs (Prime Minister’s Questions) we see every Wednesday in the British parliament. That one is the most brutal two hours in the life of every British prime minister. Tony Blair describes it as dreadful in his memoire. The media chat was far less rigorous than what Presidents go through in the White House Briefing Room. There were seven journalists who asked 12 questions in the one-hour show last night. Reuben Abati, who introduced himself as the moderator, made introductory remarks on the recent mass deaths from stampedes for food, and asked the first question along that line. The president blamed the organizers of these events for the rowdiness and shoddy preparations and criticized Nigerians for not conducting themselves orderly when they see free food. Tinubu said that he had been sharing food at his Ikoyi home for years, but there has never been a stampede and wondered why there are no deaths or rush at food stamp centers in other countries. There were other questions on elimination of fuel subsidy; huge debt servicing ratio in the 2025 budget; insecurity; inflation; cost of living crisis; foreign direct investment; tax reforms; food security and the new livestock ministry; and corruption – all predictable areas. But there was not a single question on foreign affairs.

Under Tinubu as ECOWAS chairman, the regional bloc almost disintegrated with the exit of three countries (Mali, Niger and Burkina Faso) last year. Two weeks ago in Abuja, ECOWAS Heads of States finally and regrettably accepted their departure after discretely begging them for a year. No doubt, the leadership of ECOWAS clearly mismanaged the relationships with these countries in the wake of military coups that dismissed their democratically elected leaders. Next year marks the 50th anniversary of the founding of the West African organization. It was quite a miss that the Nigerian President was not taken to task by the assembled journalists on how he handled the crisis in ECOWAS. On the domestic front, I expected questions on the debilitating political crisis in Rivers State in which the FCT Minister is the main actor. How could the president be comfortable with what’s going on in Rivers? There were only three follow-up questions – one from Maupe Ogun-Yusuf of Channels and the two from Babajide Kolade-Otitoju of TVC, a network owned by the president. Ogun-Yusuf’s follow-up was on why subsidy was not removed in phases while Kolade-Otitoju pressed the president on his unwieldy cabinet size despite his rhetoric on cutting the cost of governance.

The lack of follow-ups was obvious when Tinubu insisted that he does not regret doing away with fuel subsidy, despite the pains it brought, and went on to assert that the government ‘’has been meeting its obligations in the last three months without going to the NNPC ’’. What does this mean? Nobody asked. Essentially, the President meant that despite non receipt of oil revenues in the last three months, the government has been functioning – a tribute to the efficacy of the administration’s fiscal policies. But in real terms, the president was celebrating the inability of NNPC to fulfill its obligations. This was an opportunity for the journalists to ask questions on the oil industry; oil theft; the integrity and competence of the management of the state oil company. NNPC is supposed to receive and remit oil revenues to the consolidated fund as the Constitution stipulates, just as other incomes from VAT, company income tax, port charges and other taxes. These are then shared monthly to the federal government; the 36 states; FCT and the 774 LGAs. The inability of the NNPC to account for crude oil sales and remit to the federation account means that the country is depending on debts raised through expensive junk bonds in the European markets to meet its obligations. Another lose end of the night was the inability of the President to drill down on his controversial tax reform bills and explain them clearly to Nigerians. These proposals have generated quite a storm across a section of the country with many leading politicians expressing doubts about Tinubu’s true intents. I had expected the president to marshal out his argument on why he is introducing a new sharing formula for VAT, for example, and other innovations embedded in the bills. He glossed over the question as if the people complaining are insignificant lot.

I was glad that Ogun-Yusuf brought up the issue of corruption. For me, corruption, incompetence and decadence are the major afflictions of this country. The President said some of his policies like the students loan scheme are meant to discourage corruption since people steal in order to pay school fees and meet other personal demands. Not quite correct. Public officials who steal billions to build housing estates, shopping malls and luxury items are not motivated by the need to meet basic requirements. A former governor once boasted to me that he had already kept aside N1 billion to each of his four children and that they would never have access to the money until they reach adulthood. That’s one of the reasons they steal – to build cash empires sand portfolios of real estate for their children! Overall, it is commendable that Mr. Tinubu has finally decided to speak to Nigerians directly, instead of through long and disdainful press releases from his media team. I look forward to the day a Nigerian leader will walk stand before the State House press corps and take questions from the correspondents covering the Villa. The Media Chat arrangement is getting too vapid.