AFOLABI

AFOLABI

Dangote Sugar Refinery Plc recently appointed Mr Arnold Ekpe as the new Chairman of its Board, effective 16th June 2025.

 

Ekpe’s appointment comes after the retirement of Alhaji Aliko Dangote as Chairman of the company on Wednesday.

 

Dangote’s retirement brought an end to a 20-year leadership of the company.

 

 

His retirement will take effect starting from June 16, this year, according to a statement issued yesterday by Company Secretary Temitope Hassan.

 

However, DAILY POST brings you seven things you need to know about Dangote’s replacement, Arnold Ekpe:

 

1. Ekpe is a seasoned finance professional with more than thirty years of experience in the corporate sectors and banking.

 

2. He was born in Aug. 1953 in Nigeria, and went to King’s College, Lagos, where he graduated in 1972 and later traveled to abroad for his tertiary education.

 

3. Ekpe attended the University of Manchester and earned a First Class Honours degree in Engineering as a Shell Scholar (1973–1976).

 

4. He later obtained an MBA from Manchester Business School (1977–1979).

 

5. Ekpe started his career in 1977 with Schlumberger SA as a Wireline Logging Engineer.

 

6. He joined Alcan Aluminium Nigeria as Executive Assistant to the CEO in 1979.

 

7. Ekpe then entered the banking industry in the early 1980s, starting at International Merchant Bank (an affiliate of First Chicago) as Head of Strategy.

 

8. He later became Group CEO of Ecobank Transnational Incorporated, a role he held until his retirement in 2012.

 

9. He has served as an Independent Non‑Executive Director at Dangote Sugar Refinery since 2024.

Former Vice-President Atiku Abubakar has accused the present administration of dismantling the gains of June 12, saying that “those who laid down their lives did not do so for Nigerians to groan under the yoke of authoritarianism and economic suffocation.”

 

Atiku in a post on his social media platforms also said the ongoing process by opposition figures to form a coalition will defend the legacies of the June 12 struggle.

 

According to the Presidential candidate of the Peoples Democratic Party (PDP) in the last election, “What we are witnessing is not governance, it is conquest.”

 

The opposition leader said, “The gains of June 12 were hard-won. But sadly, the democratic promise that blossomed in 1999 is being steadily dismantled before our very eyes. 

 

“Today, Nigeria teeters on the edge of a dangerous precipice—a creeping one-party dictatorship is replacing the democratic order we bled for. Those who laid down their lives did not do so for Nigerians to groan under the yoke of authoritarianism and economic suffocation.

 

“The ruling party and its federal government now govern with the unmistakable intent to dominate, subdue, and silence. Their tactics are not subtle. Opposition voices are being systematically erased. Contracts for multi-billion-naira infrastructure are funnelled to cronies and family associates of the president.

 

“National institutions, once symbols of unity, are being brazenly renamed in honour of a sitting president, as though the country were a private estate.”

 

The former Vice President also lamented that the present government “represents the lowest ebb in our democratic journey. Institutions have been weaponized. Policies are crafted not to empower the people but to entrench fear, obedience, and control. The common Nigerian has been abandoned at the altar of elite comfort. And make no mistake: this is the antithesis of everything June 12 stands for.

 

“We are again at a historic threshold. Nigeria must choose: the path of democratic renewal or the dark alley of despotism.”

 

According to him, the ongoing effort to “build a broad, united opposition front is not about power for power’s sake. It is a moral imperative. It is about defending the legacy of June 12. It is about ensuring that no one, no matter how powerful is allowed to privatize the state and reduce the people to pawns in their political chess game.

 

“It is about reclaiming Nigeria for Nigerians and safeguarding the future of generations unborn.

 

“This is not just a political contest; it is a moral crusade. A struggle to liberate our economy, our democracy, and our dignity from the grip of authoritarian forces. And like every righteous struggle, it demands courage, clarity, and collective resolve. As long as oppression thrives, June 12 lives on, not just as memory, but as movement. The time to rise is now.”

 

Recalling the ideals of June 12, Atiku said thirty-two years ago, Nigeria stood on the cusp of greatness and the winds of democratic change were sweeping through Africa, adding that all eyes turned to our nation with hope, hope that Nigeria would rise as a beacon of liberty, justice, and self-determination

Nigeria Governors’ Forum (NGF) on Thursday said the platform is committed to working with every stakeholder to widen the democratic space and make Nigeria more fertile for inclusive prosperity.

 

In a statement commemorating the June 12 Democracy Day, the Forum congratulated Nigerians on the journey so far.

 

“On behalf of my colleagues at the Nigeria Governors’ Forum (NGF), I congratulate all Nigerians on the commemoration of Democracy Day,” according to the statement signed by Governor AbdulRahman AbdulRazaq.

 

“June 12 is a watershed in our national history. We therefore join President Bola Ahmed Tinubu, GCFR, and other stakeholders to honour our heroes and heroines who played significant roles in the struggle for democratic rule.

 

“The last 26 years of unbroken democracy have seen appreciable progress in different areas of our national life. Notwithstanding the progress, our nation — like every other human community — has its challenges and aspirations. Together, we can leverage constructive dialogue and all other democratic mechanisms to engage one another for better outcomes.

 

“As leaders of our people, we commit ourselves to working with all stakeholders, including the Federal Government, civic organizations, and other partners, to widen the democratic space and make our country more fertile for sustainable peace and inclusive prosperity. Happy Democracy Day!”

Presidential Candidate of the Labour Party (LP) in the 2023 election, Peter Obi, says President Bola Ahmed Tinubu has been driving democracy backward as the system has been in recession since he took over two years ago.

 

He said this on Thursday in a statement titled ‘Democracy in Decline: Reflecting on Two Years of Tinubu’s Governance

The former Anambra State governor said after a comprehensive look at the two-year reign of President Tinubu, it is safe to conclude that a lot is not right in governance and policy delivery of the administration.

 

Obi rated the Tinubu-led All Progressives Congress (APC) administration low in virtually all indices of governance including corruption, prudence, economy insecurity and politics, during the period under review.

 

 

 

He urged the President to stop touring outside Nigeria and use his remaining two years to tour the 36 Nigerian states instead.

 

“Mr. President you have already made over 30 international trips, spending nearly 150 days abroad. If you tour Nigeria’s 36 states and dedicate just 2 days to tour each state, it would take only 72 days for you to do so, less than half the time you have already spent in other areas of the country on foreign trips. You need to go around the country to see,” Obi said.

 

Addressing the challenge of deepening democracy, Obi urged President Tinubu, “to emulate late President Umaru Yar’Adua, who was honest enough to admit the process that brought him into office was wrong and not sufficiently credible,’ and insisted on rapidly doing what is right to save our democracy.”

 

He also recalled that former President Goodluck Jonathan saved the democracy by accepting defeat even before the election result, announced in the dark.

 

 

He said, “We must end this troubling governance era that is filled with impunity, state capture, and absolute disregard for the rule of law and the checks and balances required of any worthwhile democracy.

 

“In our present state, our dear country, Nigeria, cannot be justly classified as a democratic country. The vital indications of democracy are noticeably absent. Some do not even exist.

 

“Democracy is said to be ‘a government of the people, by the people, and for the people,’ yet none of these three measures exist in our democracy today.

 

“Rules, regulations and requirements to participate in elections or be elected for are not followed, consequently, individuals who are to be disqualified ab initio are now holding, including public offices.”

 

He said it is most troubling that in its two years in office, the present government has brought the nation to the point where the leaders now celebrate and endorse failure, lies, and propaganda. 

 

Obi said, “The government today, rather than show genuine accountability and measurable progress, focuses on manipulating narratives, gaslighting the public, shifting blame and weaponizing governance.

 

“Nigerians live in a worsening and worrisome insecurity, widespread corruption, hunger, and general despondency. There are no clear benchmarks for measuring tangible development, as we continue to witness the collapse of key indicators, like education, healthcare, and poverty alleviation, which are presently measuring national progress.

“Our country today can best be described as a nation declining fast in all its facets. The security of lives and property ty has worsened, and the rule of law is virtually non-existent.

“These are the hard-verifiable facts: “On May 29th, 2023, when the organisation was sworn into office, Nigeria’s Gross Domestic Product (GDP) stood at $364 billion. As of today, it has declined to $188 billion, a decline of almost fifty per cent (50%).

“Nigeria’s GDP per capita was $1,640 as of May 2023, but today it has dropped drastically to about $835, a devastating decline of about 50%. Nigerians living in multi-dimensional poverty increased from 38.9% to 54% within this period, with about 129 million Nigerians now living below the poverty line.

“The World Bank reported recently that 75% of Nigerians in rural areas now live in poverty as of 2025, and even more than previously recorded in the urban areas.

“Today, more than 18.3 million Nigerian children are out of school, the highest number in the world. The quality of education in Nigeria is also deteriorating rapidly. Many of our children are being taught sciences without any science labs and computer studies without any computers.

“Students are now writing WAEC and other national exams in the dark, relying on candles. There are now even glitches in their exams.”

Obi said that on healthcare services, the situation has worsened drastically as “the National Primary Health Care Development Agency decried that less than 20% of over 30,000 Primary Health Care Centres across the nation are fully functional.

He said, “I have even, recently visited some Health centres where delivery rooms were without toilets. The United Nations recently reported Nigeria as the world’s worst country to give birth, with one death recorded every seven minutes. Ditto Nigerian businesses that have continued to collapse at alarming rates.

“Within the past two years, approximately 7 million Small and Medium Enterprises (SMEs) shut down across Nigeria. Over 80 manufacturing companies have permanently closed their operations. Funding costs, including the cost of raw materials and energy, have surged to an incredible level, forcing these manufacturers to shut down.

“Over 15 major multinationals (including GlaxoSmithKline, Diageo, Procter & Gamble, and Shoprite) have exited Nigeria due to the harsh operating environment.”

He added, “The hunger crisis arising from food insecurity has deepened in these 2 years. Based on the Global Hunger Index (GHI) report, Nigeria’s hunger situation has taken a hit, as we are now one of the hungriest countries in the world. Millions can no longer afford food due to the high costs of food and nonexistent disposable income.

“Our national population is experiencing a mental health crisis as the mental health and stress levels in this period have increased drastically. Nigeria is now one of the top three (3) most successful organisations in the world.

“Fifty-nine per cent of the organisation’s population is under daily stress. Mental health experts and advocates have warned that the present situation in Nigeria is having extremely adverse effects on the population as it contributes to anger, anxiety, and depression levels in the country.

Obi noted that despite the trillions of naira purportedly saved from the removal of fuel subsidy (a policy initially justified as a means to curb borrowing), this government has, within two years, borrowed far more money than the administrations of President Umaru Yar’Adua, President Goodluck Jonathan, and President Muhammadu Buhari combined.

He said, “Today, Nigeria’s overall public debt is estimated at close to N188 trillion. Nigerians were informed that these borrowed funds would be allocated to critical sectors of development. Still, there has been no significant improvement in education, healthcare, or poverty alleviation; critical sectors that are vitally important for national development.

 

 

“Brazen Corruption is at its worst under this administration. Nigeria has now become a crime scene. Now our national budget is routinely inflated and padded without consequences. One of the most glaring manifestations of this is the extensive padding of the 2025 national budget. BudgIT revealed that about N7 trillion was questionably inserted by the National Assembly. These figures suggest a pattern of inflated costs and misappropriation of funds

President Bola Ahmed Tinubu has taken a swipe at opposition parties, declaring that it was a “pleasure” to witness the Peoples Democratic Party (PDP) and Labour Party (LP) in disarray.

The president made the remarks on Thursday during a joint sitting of the National Assembly to mark this year’s Democracy Day, where he also welcomed defectors from the opposition into the All Progressives Congress (APC).

 

“You are all welcome to the progressive fold. Nobody should close the door,” Tinubu said in a jab at the internal divisions plaguing opposition parties. “It is indeed a pleasure to witness you in such a disarray.”

 

The president mocked parties that appear shaken by recent defections and political realignments, saying that rather than panicking, they should introspect.

“Political parties fearful of members leaving may be better served by examining their internal processes and affairs, rather than fearfully conjuring up demons that do not exist,” he said.

In a more sardonic tone, Tinubu added, “For me, I will not say, try your best to put your house in order. I will not help you to do so, either.”

The comments came amid reports of growing cracks within both the PDP and LP, with several key members expressing dissatisfaction and exploring options with the ruling APC.

Tinubu’s statement drew mixed reactions from lawmakers present at the session, with APC members applauding and opposition figures visibly displeased.

President Tinubu has previously emphasised the importance of a strong opposition for democracy, but his latest comments suggest little sympathy for parties struggling to maintain internal unity.

Sony Music Publishing has announced a significant publishing deal with Nigerian highlife legend Bright Chimezie, aimed at preserving and revitalizing his rich musical legacy. 

Known for his vibrant style and the creation of the “Zigima Sound,” Chimezie’s influence remains pivotal in the evolution of modern highlife and Afrobeat. 

Sony Music Publishing will administer and consolidate Chimezie’s extensive catalog of classic recordings and compositions.

The partnership aims to introduce his timeless music to new generations of fans worldwide while ensuring his creative legacy is protected and promoted.

Bright Chimezie’s music has transcended time and continues to resonate across borders,” said Mr. Godwin Tom, Managing director of Sony Music Publishing Company Nigeria.

“We are honored to bring his extraordinary catalog into our family and look forward to creating new opportunities that celebrate his contributions to African music.”

Speaking on the partnership, Bright Chimezie expressed his excitement: “This is a necessary step to help preserve our traditional and cultural heritage for generations unborn. I’ve always believed in the power of my music to unite and inspire, and I’m thrilled to work with a global partner like Sony Music Publishing to take Zigima to the world.”

The deal underscores Sony Music Publishing’s ongoing commitment to investing in African music heritage and empowering legendary artists through innovative publishing and catalog strategies and Bright Chimezie’s ability to adapt to the modern trends and embrace change.

President Bola Tinubu on Thursday announced national honours for dozens of Nigerians as part of events marking democracy day.

He made this announcement at the National Assembly during his State of the Nation address.

Among the notable honorees are the late Kudirat Abiola, who received a posthumous Commander of the Federal Republic title, and Nobel laureate Prof. Wole Soyinka, who was conferred the Grand Commander of the Order of the Niger.

Also honoured posthumously were Shehu Musa Yar’Adua, Ken Saro-Wiwa and other members of the Ogoni Nine.

 

Tinubu also granted them a presidential pardon.

Below is the full list of the awardees as announced by President Tinubu:

  • Kudirat Abiola – CFR
  • Shehu Musa Yar’Adua – GCFR
  • Prof. Humphrey Nwosu – CON
  • Rear Admiral Ndubuisi Kanu – CON
  • Alhaji Balarabe Musa – CFR
  • Pa Alfred Rewane – CFR
  • Bagauda Kaltho – OON
  • Chima Ubani – OON
  • Dr. Beko Ransome-Kuti – CON
  • Alao Aka Bashorun – CON
  • Chief Frank Kokori – CON
  • Emma Ezeazu – OON
  • Bamidele Aturu – OON
  • Fredrick Fasehun – CON
  • Prof. Festus Iyayi – CON
  • Dr. John Yima Sen – OON
  • Alhaja Sawaba Gambo – CON
  • Dr. Edwin Madunagu – CON
  • Dr. Alex Ibru – CON
  • Chief Bola Ige – CFR
  • Pa Reuben Fasoranti – CFR
  • Senator Ayo Fasanmi – CON
  • Senator Polycarp Nwite – CON
  • Dr. Nurudeen Olowopopo – CON
  • Prof. Wole Soyinka – GCON
  • Prof. Olatunji Dare – CON
  • Kunle Ajibade – OON
  • Nosa Igiebor – OON
  • Dapo Olorunyomi – OON
  • Bayo Onanuga – CON
  • Ayo Obe – OON
  • Dare Babarinsa – CON
  • Bishop Matthew Hassan Kukah – CON
  • Senator Shehu Sani – CON
  • Governor Uba Sani – CON
  • Barrister Femi Falana, SAN – CON
  • Prof. Shafideen Amuwo – CON
  • Barrister Luke Aghanenu – OON
  • Senator Tokunbo Afikuyomi – CON
  • Hon. Labaran Maku – OON
  • Dr. Tunji Alausa – CON
  • Mr Nick Dazang – OON
  • Hon Abdul Oroh – OON
  • Odia Ofeimun – CON
  • Seye Kehinde – OON
  • Barrister Felix Morka – CON
  • Barrister Ledum Mitee – CON
  • Hon. Olawale Osun – CON
  • Dr. Amos Akingba – CON
  • Prof. Segun Gbadegesin – CON
  • Mobolaji Akinyemi – CFR
  • Dr. Kayode Shonoiki – CON
  • Prof. Julius Ihonvbere – CON
  • Prof. Bayo Williams – CON
  • Senator Abu Ibrahim – CFR
  • Senator Ame Ebute – CFR
  • Uncle Sam Amuka Pemu – CON
  • Ken Saro-Wiwa – CON
  • Saturday Dobee – OON
  • Nordu Eawo – OON
  • Daniel Gbooko – OON
  • Paul Levera – OON
  • Felix Nuate – OON
  • Baribor Bera – OON
  • Barinem Kiobel – OON
  • John Kpuine – OON

“I shall also be exercising my powers under the prerogative of mercy to grant these national heroes a full pardon, together with others whose names shall be announced later in conjunction with the National Council of State,” the President added.

President Bola Ahmed Tinubu on Thursday delivered a national address to a joint session of the National Assembly to mark Democracy Day 2025.

In the speech, the President reflected on Nigeria’s democratic journey and paid tribute to heroes of June 12.

Read the full speech below:

ADDRESS BY PRESIDENT BOLA AHMED TINUBU, GCFR AT THE JOINT SESSION OF THE NATIONAL ASSEMBLY IN COMMEMORATION OF DEMOCRACY DAY, 2025

 

THURSDAY, 12TH JUNE 2025

Protocol:

With profound honour, I stand before this joint session of our National Assembly; a parliament that embodies the will of the Nigerian people.

 

2. Today, as I entered this grand edifice built from the sweat and toil of our democratic yearning, my heart stirred. It was a blend of accomplishment and resolve.

3. I felt a sense of collective accomplishment when I realised how far we had come as a nation. Since 1999, democracy has risen from the ashes and destitution of military rule to take its rightful place as the only mode of governance of our resilient and beloved people.

4. With every footstep I took through these hallowed halls up to the moment I now stand before you, I remembered that we still have much further to go.

5. To achieve this progress, we sought an elective office to lead this nation forward. Thus, I hereby affirm before our Merciful and Almighty God and all men my resolve to do all that I can to safeguard and build our democracy as the Divine hand intends for us to do.

6. Since 2018, we have celebrated Democracy Day on this day; to commemorate the sacrifices of the men and women who fought to restore democratic governance to Nigeria.

7. Let me pay tribute to former President Muhammadu Buhari for reaching back into history to rectify a national misdeed by making June 12 Democracy Day and by officially acknowledging Chief Moshood Kashimawo Olawale Abiola and his running mate, Babagana Kingibe, as the victors and thus duly elected President and Vice President respectively of Nigeria after the June 12, 1993 elections.

8. Year by year, election after election, every time we debate instead of battle, discuss instead of fight, and argue instead of destroy, we preserve the institutions of democracy. More importantly, we weave the culture of democracy into the very fabric of our nation.

 

9. Whilst Chief MKO Abiola is June 12’s central figure, we must not forget the long list of those who equally deserve to be called heroes of Nigerian democracy.

10. We must celebrate the courage of Alhaja Kudirat Abiola and Pa Alfred Rewane, both of whom were murdered by agents of military repression. We also remember the many civil rights activists, journalists, and politicians imprisoned, exiled, tossed aside, tortured and beaten by the military regime.

11. We remember Chief Anthony Enahoro, Commodore Dan Suleiman, Chief Abraham Adesanya, Ayo Adebanjo, Chief Gani Fawehinmi, Balarabe Musa, Ganiyu Dawodu, the journalist Bagauda Kaltho, and Commodore Ndubuisi Kanu. I mention these names not to exclude or degrade the profound contributions of anyone else, but to illustrate, through these few heroes, the universality of our pursuit of democracy.

12. The struggle was never the province of any one group or section of the country, it was pan-Nigerian in its conception and will be even more pan-Nigerian as we strive to perfect it.

13. It is fitting that I come to this chamber. You are the authors of the people’s law, and I must be their faithful implementer. While we may not always agree, we must forge a way to work together because this is what democracy demands of us. I pledge myself to this cooperation and ask that you do the same for the good of our people.

14. Mr. Chairman, the National Assembly has acted to uphold democratic ideals at every critical moment in our national history. In 2006, the 5th National Assembly protected our democracy against an unseemly third-term bid that would have ripped our constitution apart. In 2010, the National Assembly, through the doctrine of necessity, opened the door for then-Vice President Goodluck Jonathan to become the acting President following the illness of his predecessor.

15. Even under the military, the National Assembly tried to protect our democracy. After General Abacha took over power on November 17, 1993, and dissolved the National Assembly, some of us, led by Senator Ameh Ebute, the Senate President in the 3rd Republic, defied the General and his goons to reconvene in the Old Parliament Building in Lagos. We were jailed for our defiance.

 

16. On behalf of a grateful nation, I commend your invaluable role in lawmaking, oversight, and constituency representation.

17. At this point, I plead for your indulgence so that I may put a terrible rumour to bed.

18. To those who ring the alarm that the APC is intent on a one-party state, I offer you a most personal promise. While your alarm may be as a result of your panic, it rings in error. At no time in the past, nor any instance in the present, and at no future juncture shall I view the notion of a one-party state as good for Nigeria. I have never attempted to alter any political party registration with INEC. Equally, my friends, we cannot blame anybody seeking to bail out of a sinking ship even without a life jacket.

19. Look at my political history. I would be the last person to advocate such a scheme. In 2003, when the then-governing party tried to sweep the nation clean of political opposition through plot and manipulation, I was the last of the progressive governors standing in my region.

20. In all their numbers and false grandeur, they boasted of ruling, not governing, Nigeria for the next half century or more. Where are they now?

21. Yet, I stood alone. My allies had been induced into defeat. My adversaries held all the cards that mortal man could carry. Even with all of that, they could not control our national destiny because fate is written from above. A greater power did not want Nigeria to become a one-party state back then. Nigeria will not become such a state now.

22. The failed effort to create a one-party state placed progressive political forces on a trajectory to form the APC. It put me on the trajectory which has brought me before you today. I dare not do such a favour to any political adversary by repeating the same mistake of political overreach.

 

23. A one-party state is not in the offing. Nor should it ever be. That said, we would be guilty of political malpractice if we closed the door on those from other parties who now seek to join the APC and I sincerely welcome our party’s newest members from Delta and Akwa Ibom States led by Governor Sheriff Oborevwori and Pastor Umo Eno and other members of this National Assembly.

24. Political parties fearful of members leaving may be better served by examining their internal processes and affairs rather than fearfully conjuring up demons that do not exist. For me, I would say try your best to put your house in order. I will not help you do so. It is, indeed, a pleasure to witness you in such disarray.

25. We must welcome and accept the diversity and number of political parties just as we welcome and embrace the diversity of our population. Our efforts must never be to eliminate political competition but to make that competition salutary to the national well-being by working across the political aisle whenever possible.

26. One area in which democracy calls us to work together, whether in the legislative or executive branch, whether in this or other political parties, is that of economic and social development.

27. Upon assuming office, my team and I moved to reform our ailing economy. We introduced fundamental reforms to correct structural imbalances that prevented maximum growth.

 

28. We are already seeing results. GDP grew by 3.4 per cent in 2024, with Q4 hitting 4.6 per cent, the highest quarter of growth in over a decade. Inflation is easing gradually, steadying the price of food staples like rice and beans. Our net foreign reserves have increased fivefold, and the Naira exchange rate has stabilised. Our balance of payments position is positive; our sovereign credit rating is improving as we continue to promote oil and non-oil exports. States now do not need to go about borrowing to pay salaries.

29. In less than one year, over one hundred thousand Nigerians, including thirty-five thousand civil servants, have benefited from affordable consumer credit through the Nigerian Consumer Credit Corporation (CREDICORP), enabling them to purchase vehicles, light up and improve their homes and purchase life essentials. This July, we will launch a bold new initiative to empower four hundred thousand young Nigerians, including youth corpers, with consumer credit.

 

30. We are committed to giving more opportunities to young people through job creation and skills development. Through such programs as NELFUND, we are investing in education, vocational training, apprenticeships, and internships to ensure our youth are job-ready and future-ready.

31. In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity. This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionize how businesses operate, how students learn, and how communities stay connected. By extending this critical infrastructure, we are empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalized world.

32. Our “Nigeria First” policy will further enhance progress as we consolidate market-driven growth. The improved economic performance is encouraging and validates the soundness of our policy measures. Our medium-term growth target remains an economy growing at a 7 per cent clip with a stronger manufacturing base. We must learn to produce and grow most of our food and we are on the path to achieving food sovereignty.

33. These and other reforms have placed the economy on a more rational footing where critical decisions regarding large-scale investment can now be made.

34. I ask you, the legislature, to join me as we enter the second half of our term to put forth innovative legislation that further encourages industrial development and job creation in our urban centres while also drafting laws that improve food security and production.

35. To further underpin our economic vision, we introduced a comprehensive Tax Reform Package, a vital component of our economic re- engineering. I am deeply grateful to both chambers for your thorough consideration and deliberation of these bills, and I look forward to signing them into law soon.

36. Again, your collaboration across party lines on these bills has been a model of democratic partnership.

 

37. As elected leaders, we must continue to do more to make real the dream of Nigeria’s political and economic democracy.

38. We must be vigilant in expanding the political space. We must always value dialogue over dictatorship, persuasion over suppression and rights over might. Be tolerant and broad-minded in your legislative action regarding speech and civil liberties.

39. Do not be afraid to hear an unkind word spoken against you. Some of the best advice a politician gets sometimes comes from his most ferocious opponents. We dare not seek silence because the imposed silence of repressed voices breeds chaos and ill will, not the harmonics of democracy in the long term.

40. While malicious slander and libel should not go unattended, no one should bear the brunt of injustice for merely writing a bad report about me or calling me names. Democracy requires a fair degree of tolerance for harsh words and stinging insults. Call me names, call me whatever you will, and I will still call upon democracy to defend your right to do so. Mr. Senate President, Mr. Speaker, Distinguished Senators and Honourable Members.

41. Our nation is not perfect, but it is strong. Our democracy is not invincible, but it is alive. And this means our dream of a prosperous, happy nation is still within reach and worth fighting for.

42. Mr. Chairman, Nigeria is at an inflexion point, undergoing structural and fundamental change toward a secure future.

43. Our administration is fully committed to boosting the economy’s productive base. Through investment in critical infrastructure, roads, expansion of port operations, rail, and power we are creating a new environment in which industry and manufacturing can thrive. Our tax and fiscal policy reforms will streamline tax administration and eliminate burdensome and multiple taxes enabling our industrialists and entrepreneurs to operate in a more conducive environment.

 

44. Governance must work and deliver value to the people. As part of our tax reforms, we have provided small businesses with an exemption and established the Office of the Tax Ombudsman to ensure transparency and protect taxpayer rights. Digital tools now help us track performance and reduce waste. The Diaspora Bond and Non-Resident BVN are bringing Nigerians abroad into the national development fold.

45. In line with my promise during my New Year address to the nation, I recently appointed the board of directors of the newly established National Credit Guarantee Company. The company, backed with 100 billion naira in initial capital; with BOI, which, by the way, is performing very well in supporting SMEs, NSIA, CreditCorp, and MOFI as stakeholders, will play a significant role in transforming the nation’s industrial landscape and reducing
corruption.

46. National Security is the foundation of peace and progress. We have intensified security operations to reclaim communities from criminals and terrorists. We are better at coordinating intelligence, and inter-agency cooperation has improved. Our highways are safer, and we invest in technology and training to secure every inch of this country.

47. Let us take this opportunity to thank the men and women of our Armed Forces for their bravery in service of the nation. Their selfless dedication to protecting our sovereignty and ensuring the safety of citizens should serve as an inspiration to us all. As we celebrate the progress of our democracy, we must not forget the pivotal role they play in safeguarding our freedoms. For their courage and commitment, they deserve not only our gratitude but also our continued support, prayers and recognition.

48. Fellow compatriots, our achievements are not the work of one man. They are the result of a collective effort to make possible the Nigerian Dream. Yet, the journey is not over. We must work even harder to translate broad macroeconomic gains into tangible improvements in the lives of ordinary Nigerians. We must stay the course, reject cynicism, and believe Nigeria can and will rise again.

49. As we mark a twenty-sixth year of unbroken democracy, it is right to honour those who have made sacrifices in the past, braving all the odds and the guns to ensure we have a regime of democracy in our country.

50. In this light, I announce the conferment of the posthumous national honour of CFR on Kudirat Abiola, the heroine of the June 12 struggle.

 

51. I also confer posthumous national honours on Shehu Musa Yar’Adua (GCFR), Prof. Humphrey Nwosu (CON), Rear Admiral Ndubuisi Kanu (CON), Alhaji Balarabe Musa (CFR), Pa. Alfred Rewani (CFR), Bagauda Kaltho (OON), Chima Ubani (OON), Dr. Beko Ransome-Kuti (CON), Alao Aka Bashorun (CON), Chief Frank Kokori (CON), Emma Ezeazu (OON), Bamidele Aturu (OON), Fredrick Fasehun (CON), Professor Festus Iyayi (CON), Dr John Yima Sen (OON), Alhaja Sawaba Gambo (CON), Dr. Edwin Madunagu (CON), Dr. Alex Ibru (CON), Chief Bola Ige (CFR), Pa. Reuben Fasoranti (CFR), Sen. Ayo Fasanmi (CON), Sen. Polycarp Nwite (CON) and Dr. Nurudeen Olowopopo (CON).

52. I also confer national honours on Prof. Wole Soyinka (GCON), Prof. Olatunji Dare (CON), the journalist and journalism teacher; Kunle Ajibade (OON); Nosa Igiebor (OON), Dapo Olorunyomi (OON), Bayo Onanuga (CON), Ayo Obe (OON), Dare Babarinsa (CON), Bishop Matthew Hassan Kukah (CON), Senator Shehu Sani (CON), Governor Uba Sani (CON), Barrister Femi Falana, SAN (CON), Prof. Shafideen Amuwo (CON), Barrister Luke Aghanenu (OON), Senator Tokunbo Afikuyomi (CON), Hon. Labaran Maku (OON), Dr. Tunji Alausa (CON), Mr Nick Dazang (OON), Hon Abdul Oroh (OON), Odia Ofeimun (CON), Seye Kehinde (OON), Barrister Felix Morka (CON) Barrister Ledum Mitee (CON), Hon. Olawale Osun (CON), Dr. Amos Akingba (CON), Prof. Segun Gbadegesin (CON), Mobolaji Akinyemi (CFR), Dr. Kayode Shonoiki (CON), Prof. Julius Ihonvbere (CON), Prof. Bayo Williams (CON), Sen. Abu Ibrahim (CFR), and Sen. Ame Ebute (CFR).

53. Additionally, I confer the national honour of CON on Uncle Sam Amuka Pemu, a legendary journalist and publisher who remains true to his lifetime calling as he marks his 90th birthday tomorrow, June 13.

54. Furthermore, I also confer posthumous national honours on Ken Saro Wiwa (CON), the leader of the Ogoni Nine and his fellow travellers, Saturday Dobee (OON), Nordu Eawo (OON), Daniel Gbooko (OON), Paul Levera (OON), Felix Nuate (OON), Baribor Bera (OON), Barinem Kiobel (OON), and John Kpuine (OON). I shall also be exercising my powers under the prerogative of mercy to grant these national heroes a full pardon, together with others whose names shall be announced later in conjunction with the National Council of State.

55. Finally, it is my great privilege to now decorate the presiding officers of the National Assembly with the National Honours earlier conferred upon them last year:

Presiding National Assembly Officers

Senator Godswill Obot Akpabio, GCON – SENATE PRESIDENT
Rt. Hon. Abbas Tajudeen, PhD, GCON – Speaker
Senator Jibrin Ibrahim Barau, CFR – DEPUTY SENATE PRESIDENT
Rt. Hon. Benjamin Okezie Kalu, CFR – Deputy Speaker

 

56. In conclusion, let us rededicate ourselves to the ideals of June 12; freedom, transparent and accountable government, social justice, active citizen participation, and a just society where no one is oppressed.

57. Happy Democracy Day, and may God continue to bless the Federal Republic of Nigeria and protect our troops.

Bola Ahmed Tinubu, GCFR
President, Commander-in-Chief of The Armed Forces,
Federal Republic of Nigeria

President Bola Tinubu has dismissed insinuations that his administration is pushing Nigeria toward a one-party state, insisting that the All Progressives Congress remains a political platform open to all Nigerians, including members of opposition parties.

Speaking during a special joint session of the National Assembly on Thursday to mark Democracy Day, President Tinubu stressed that the APC is not afraid of internal or external competition and will continue to welcome defectors from other political parties.

“You are all welcome to the progressive fold. Nobody should close the door. Political parties fearful of members leaving may be better served by examining their internal processes and affairs, rather than fearfully conjuring up demons that do not exist,” Tinubu told lawmakers inside the chamber.

His remarks come amid growing concerns from opposition parties and critics, who have accused the ruling APC of attempting to stifle dissent and establish political dominance across the country.

 

But the President was unequivocal in rejecting such claims.

“I will not say, try your best to put your house in order. I will not help you to do so, either,” he added, in a pointed jab at opposition parties battling internal crises.

Reflecting on Nigeria’s two-decade-long return to civilian rule, Tinubu said the country had made significant democratic gains since the dark days of military dictatorship. 

“I felt a sense of collective accomplishment when I realised how far we had come as a nation. Democracy has risen from the ashes of military rule to reclaim its rightful place as the only acceptable form of governance for our resilient and beloved people,” he said.

 

He hailed the sacrifices of Nigeria’s pro-democracy heroes, particularly the late Chief Moshood Abiola, whose June 12, 1993 presidential victory was annulled by the military regime of General Ibrahim Babangida.

“Let me pay tribute to my predecessor, President Muhammadu Buhari, for reaching back into history to rectify a national misdeed,” Tinubu noted, referring to Buhari’s historic decision in 2018 to declare June 12 as Democracy Day and confer the highest national honour on Abiola.

He also honoured other martyrs of the democratic struggle.

“We must celebrate the courage of Kudirat Abiola and Pa Alfred Rewane, both of whom were murdered by agents of military repression. We remember the many civil rights activists, journalists, and politicians who were imprisoned, exiled, tossed aside, and beaten,” he said.

While addressing lawmakers, Tinubu emphasised the need for continued cooperation between the executive and legislative arms of government.

“While we may not always agree, we must forge a way to work together, because this is what democracy demands of us,” he stated.

 

He noted that nation-building is not a solo effort, and urged lawmakers to put the people first in their decisions and actions.

“Democracy is not perfect, but it is the best path we have chosen. And we must walk it together—sometimes in disagreement, but always in hope,” he said.

Thursday, 12 June 2025 13:10

Obi donates laptops, N6m to Chibok school

A former Anambra State governor and Labour Party presidential candidate, Peter Obi, has revealed that he donated laptops and ₦6 million to the Government Secondary School in Chibok, Borno State.

This is the same school where over 200 schoolgirls were abducted by Boko Haram in 2014.

In a statement shared on his verified X handle on Wednesday, Obi said the donation was made following a call from activist Aisha Yesufu, who informed him that the school lacked basic facilities, including computers, laboratories and electricity.

“With a population of over 2,500, the school had only one desktop computer. Aisha Yesufu respectfully requested that I buy an additional two and help install solar lighting, even if it was only for the computer classroom.

 

“While I was trying to contact His Excellency, my brother Governor Zulum, to enable me to visit the school, I was advised against doing so due to security concerns,” he said.

He said Yesufu arranged a meeting with Chibok community leaders in Abuja.

 

At the meeting, Obi said he “presented them with 10 laptops and 3 printers as a start. I also donated the sum of ₦2 million each towards providing some items for the lab, the computer classroom, and a handheld motorised borehole, totalling ₦6 million. 

“I promised to do more and made it clear to them that what I was doing was not a donation, but a sincere commitment and a promise to the future of our community.”

He used the occasion to criticise misplaced priorities by the government.

“One wonders why we live in a nation where our students don’t have labs, books, or even pencils, while our leaders live in opulence, spending billions to renovate conference centres, build car parks, and furnish new lodges of international standards.

“I continue to plead on behalf of all of us that the time has come for self-examination. We must prioritise critical areas of development, education, healthcare, and pulling our people out of poverty,” he concluded.

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