Nigeria’s Gross Domestic Product (GDP) declined by 2.98 per cent in the first quarter (Q1) of 2024 due to economic hardships under President Bola Tinubu’s administration.

The National Bureau of Statistics, NBS, disclosed this in its Q1 2024 GDP report released on Friday.

The report said the nation’s current growth rate is 2.98 per cent, higher than the 2.31 per cent recorded in the same quarter in 2023 but lower than the 3.46 per cent recorded in the fourth quarter (Q4) of 2023.

 

“Nigeria’s Gross Domestic Product (GDP) grew by 2.98 per cent (year-on-year) in real terms in the first quarter of 2024. This growth rate is higher than the 2.31% recorded in the first quarter of 2023 and lower than the fourth quarter of 2023 growth of 3.46 per cent,” the report read.

“The performance of the GDP in the first quarter of 2024 was driven mainly by the Services sector, which recorded a growth of 4.32 per cent and contributed 58.04 per cent to the aggregate GDP.

“The agriculture sector grew by 0.18%, from the growth of -0.90% recorded in the first quarter of 2023. The industry sector’s growth was 2.19%, an improvement from 0.31% recorded in the first quarter of 2023.

“In terms of share of the GDP, the services sector contributed more to the aggregate GDP in the first quarter of 2024 than the corresponding quarter of 2023.”

In the period under review, Nigeria recorded a surge in the inflation rate, which rose to 33.69 per cent in April.

Last modified on Friday, 24 May 2024 16:23

The Academic Staff Union of Universities, Nsukka Zone, has stated that it is not sharing in the joy of one year in office of President Bola Tinubu due to the administration’s unfulfilled promises

Addressing journalists on Friday at the Benue State University, Makurdi, the Zonal Coordinator, Raphael Amokaha who decried the insensitivity of successive administrations in meeting the renegotiation of the 2009 Federal Government/ASUU agreement said their expectations were much higher than the present reality.

Some of the unfulfilled agreements, according to Amokaha include; poor funding of the nation’s universities, breach of university autonomy, particularly in the Integrated Personnel Payment Information System, nonpayment of earned academic allowances, and the four months salaries withheld.

While recognizing the submission of the president to review the appointment of university governing councils recently released, the union advised the president not to see it as patronage for political loyalty.

 

Amokaha noted that contrary to the promise of President Tinubu that  the era of the strike in Nigerian universities was over, the ASUU zonal boss said, ‘Unfortunately, we are on the verge of a strike.’

He added, “The government of President Bola Ahmed Tinubu is about to celebrate one year in office. Unfortunately, members of our union do not share in the elation of the one-year celebration.

“Our expectations were much higher than the present reality. Again, we cry out to the President, let the lecturers breathe! Do not suffocate us!! 

“The draft renegotiated 2009 agreement must be signed immediately and implemented even though it may need to be looked at before signing now so that what will be agreed upon now will be commensurate to the hyperinflation ravaging our country.

“The balance of the eight months withheld salaries owed our colleagues should be paid immediately. They have now done the work in full and to make it worse, the value of the eight months’ salary is now barely up to the value of two months’ salary at that time.

Speaking further, Amokaha said, “Membership of governing councils requires notable and upright personalities with experience in university administration.

“It’s therefore not proper that personalities like Professors Attahiru Jega, Olu Obafemi, and Munzali Jibril be tossed about in the name of dissolution or reconstitution of councils without recourse to propriety.

“Appointments to university governing councils must not be viewed as patronage for political loyalty.”

The Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate on Friday said the enrolment quota in medical, nursing, and other health professional schools has been increased from 28,000 to 64,000 yearly.

Prof Pate said this at the sectoral ministerial press briefing to mark the first anniversary of President Bola Tinubu in office in Abuja.

Over the years, health workers in the country have always moved to other countries to practice, but experts say the recent increase in emigration is worrisome.

Experts identified the push factors as inadequate equipment, worsening insecurity, poor working conditions, and poor salary structure.

 

Data from the Medical and Dental Consultants’ Association of Nigeria showed that about 1,056 consultants left the country to seek greener pastures between 2019 and 2023.

The Nigerian Association of Resident Doctors also revealed over 900 of its members left for Europe between January and September 2023.

Pate, however, said, “We have doubled the intake, the enrollment, the quotas of medical schools, nursing schools, and other health professionals’ schools from an enrollment target of 28,000 a year to 64,000 now. 

“That is just the first step, the education sector will have to play its role. The states will have to play in to improve the infrastructure, the training, and the tools to produce more healthcare workforce because we need to produce more healthcare workforce given that we’re losing some so that we can serve the population of this country.”

On the Primary Health Care Centres, the minister noted that at least 1,400 centres can now provide skilled birth attendants.

According to him, more than 2,400 health workers – doctors, nurses, and midwives are been recruited in facilities to provide essential health services to Nigerians in rural areas.

He also highlighted that the Federal Government has disbursed the first tranche of N25bn of the Basic Health Care Provision Fund through the National Primary Health Care Development Agency and the National Health Insurance Authority.

“We put a condition that states that will access those have to comply with the fiduciary guidelines that have been provided, responding to lapses that have been observed over here so that the resources go to Nigerians.

“Twenty-three states have received those funds, and I believe that the rest of the states are just about to complete and receive their financing to channel through the PHCs.”

The Minister of State for Health and Social Welfare, Dr Tunji Alausa had in October 2023 said the government had put in place strategies to increase admissions into medical and dental institutions.

 

Dr Alausa noted that the 3,000 doctors produced annually in Nigeria was inadequate.

He highlighted that the mass exodus of licensed doctors and other health professionals to more developed countries would be discouraged by making the healthcare environment more attractive.

Governor Abba Kabir Yusuf of Kano State has presented a letter of appointment to the reinstated Emir of Kano, Muhammadu Sanusi II.

 

Earlier, Governor Yusuf stated the reason why the Kano State government reinstated Sanusi II as the 16th Emir of Kano.

 

The governor said Sanusi was victimized in 2019. He added that the emirate council law 2019 by the immediate past governor, Abdullahi Ganduje, balkanised the old Kano Emirate.

 

Yusuf called on the reinstated Emir to use his leadership to unite the emirate and the state as a whole.

The 16th Emir of Kano, Sanusi II, had initially ruled as the 14th Emir.

 

Dethroned, banished

Recall that in 2020, the Kano House of Assembly passed a bill to split the Kano Emirate Council into five emirates. They were mainly under Sanusi’s control. So the division lowered his influence.

He had had a fallout with the former governor. Ganduje is now National Chairman of the ruling All Progressives Congress, APC.

Sanusi was dethroned and banished on March 9, 2020. The former Central Bank of Nigeria, CBN, governor was then flown to Lagos and quartered by one of his friends, the late Herbert Wigwe of Access Bank.

Then Sanusi was replaced by the recently deposed 15th Emir – Aminu Ado Bayero.

 

16th Emir

However, yesterday, Governor Yusuf approved the reappointment of Muhammadu Sanusi II. This was after assenting the Kano State Emirates Council (Amendment number 2) Bill, 2024 passed by the House of Assembly.

The new law repealed Ganduje’s Kano Emirate Council Law 2019, Kano State Emir’s Appointment and Deposition Amendment Law 2019, and Kano State Emirate Council Amendment Law 2023.

 

Not that it was the latter that created five emirates in Kano, and paved the way for the deposition of Sanusi.

Today, Sanusi was given the letter of reinstatement, and then turbaned the 16th Emir of Kano.

The coronation of the former CBN governor took place at the Kano state government house. 

Speaking at the ceremony, Governor Yusuf said: “By the powers conferred on me by the Kano Emirate Council Law of 1984 and 2024, and supported by the recommendation of the kingmakers, I have the singular pleasure of confirming the reappointment of Muhammadu Sanusi II as the Emir of Kano and the head of the Kano Emirate Council.”

Also, he said Sanusi’s reappointment was “based on his competence, credibility, and popularity.”

Furthermore, the governor urged the new Kano Emir “to be guided by the principles of Islamic teachings and to use his position to unite the emirate, fostering harmony among the Islamic sects in the state.”

High court…

Meanwhile, a Federal High Court in Kano has granted an order stopping the Kano State Government from enforcing the Kano State Emirate Council Repeal Law.

Justice Mohammed Liman granted the order in an application by Alhaji Aminu Babba Dan Agundi, the Sarkin Dawaki Babba of the Kano Emirate.

 

The court papers regarding the case have since gone viral.

The judge, Mohammed Liman, asked the government to “suspend” and “not give effect to the Kano State Emirate Council (Repeal) Law, 2024, as they affect all offices and institutions of the Emirate Council created pursuant to the provisions of the Kano State Emirate Council Law, 2019″.

Limited statement by the Management of Globalupfront Newspapers on our Publisher and Editor-in-Chief, Mr. Madu Onuorah who was abducted from his residence by the Nigerian Police on Wednesday, 22/5/2024 evening

We have confirmed the release (on bail) of our Publisher/Editor-in-Chief, Mr. Madu Onuorah who was abducted by men of the Ebonyi Police Command on Wednesday 22/5/2024 evening from his residence in Lugbe, Abuja.

He was released late Thursday, 23/5/2024, night by Enugu State Police Command who requested the Ebonyi Police to abduct him for them.

We are awaiting a full briefing by Mr Onuorah and our lawyers before issuing a full statement on this matter and the next line of action.

We solidly stand by our Editor-in-Chief and the harmless story we published.

We insist the police station is not a court of law where alleged defamation cases are tried.

We want to thank the Journalism and Media family, friends and well-wishers, and all defenders of freedom of expression who rose against a budding tyranny.


Signed:
Management of Globalupfront Newspapers

The Federal Government has highlighted President Bola Tinubu’s administration’s plan to mitigate the cost of living and enhance Nigerians’ financial well-being.

Alhaji Mohammed Idris, the Minister of Information and National Orientation, made this declaration on Thursday in Abuja during a Ministerial briefing marking the first anniversary of Tinubu’s administration.

Idris emphasized that Tinubu’s administration operates under the Renewed Hope Agenda and has initiated measures to establish a robust foundation for improved livelihoods.

Key initiatives such as the Consumer Credit Corporation, the Nigeria Education Loan Fund, the Presidential Initiative on Compressed Natural Gas, the N200 billion Presidential Grant, and the Students Loan Scheme highlight the government’s commitment to this cause.

Furthermore, efforts in agriculture, food security, infrastructure development, electricity sector reforms, fiscal policy adjustments, and negotiations for a new national minimum wage are all aimed at positively impacting the lives of millions of Nigerians.

Idris reiterated Tinubu’s dedication to reducing the cost of living and enhancing business operations by bolstering citizens’ purchasing power. He underscored Tinubu’s success in attracting local and foreign investments and improving national infrastructure.

“We remain resolute in our commitment to delivering genuine Renewed Hope to all Nigerians,” Idris affirmed.

He noted that the first-year anniversary commemoration provided an opportunity to present the government’s achievements to Nigerians and demonstrate the progress made thus far.

The federal government is set to launch the “NextGen” bank in partnership with the Bank of Industry. The bank will provide loans and business support to young entrepreneurs.

Dr. Jamila Bio Ibrahim, Minister of Youth Development, announced this during the Ministerial Sectoral Update, which marked the first year of President Bola Tinubu’s administration. The event was held at the Radio House in Abuja yesterday.


Dr Ibrahim stated that the creation of this bank aligns with the ministry’s mandate to promote youth development, wealth creation, empowerment, well-being, excellence, national unity, and sustainable development. The ultimate goal is to empower young Nigerians to reach their full potential and contribute positively to the nation’s growth.

The minister also highlighted the ministry’s 11 key deliverables, which include establishing a framework to create and expand Micro, Small, and Medium Enterprises (MSMEs) incubators, accelerators, and innovation centers in all six geopolitical zones.

Furthermore, Dr. Ibrahim revealed that 146,998 Nigerians are targeted for vocational skills, social inclusion, technology, agriculture, and entrepreneurship training. The Federal Executive Council has also approved N110 billion in capital for startups and early-stage businesses through the restructured Nigerian Youth Investment Fund (NYIF). Additionally, the government is working on institutionalizing a 30 percent youth quota, with equitable inclusion of young women in all government appointments.

The Federal Government said on Thursday that the country was poised to begin local production of military equipment with the recent signing of the Defence Industries Corporation of Nigeria Bill by President Bola Tinubu.

The Minister of Defence, Muhammad Badaru, said following the signing of the bill, the Federal Government had been in talks with about 50 local and internal firms for local production of firearms in the country.

According to him, already 13 of the firms have begun production of firearms in Nigeria.

Badaru, who spoke on Thursday at the Ministerial Sectorial Update in Abuja, added that Nigeria had made significant progress in the fight against terrorism in the last one year under the Tinubu administration.

He said,“With the help of the bill, Nigeria has been discussing with over 50 private companies, both within and abroad, in the area of production of weapons and other military equipment.

“In fact, 13 of them have already started production or are about to start production.”

According to the minister, the military in the last one year killed 9,300 insurgents and arrested 7,000 others.


This feat, he said, was made possible by the close synergy among the Service Chiefs under President Tinubu.

According to him, the synergy, which increased military productivity and translated into laudable achievements in the last one year.

Badaru, who spoke at the Ministerial Sectorial Update in Abuja on Thursday, said the synergy among the Service Chiefs was different from what obtained in the past.

He said, “The Chief of Defence Staff, the Chief of Army Staff, the Chief of Naval Staff and the Chief of Air Staff are working together as against what it used to be. That has led to productivity and efficiency in their operations. In addition to this, we have close collaboration with the office of the National Security Adviser, the police, the NSCDC and all other security agencies.

“This has translated to tremendous progress in the last one year. Because of the synergy, we were able to neutralise more than 9,300 bandits and insurgents; about 7,000 were arrested while we rescued 4,641 kidnapped victims in just one year.

“We have also recovered 4,882 assorted weapons and 83,900 assorted ammunition in just one year. Among those that we naturalised were bandits that you hear. We have neutralised not less than 20 bandit leaders the commanders of insurgents and terrorists in just one year. “

The minister said in an effort by the military to boost oil production in the country, no fewer than 1,437 suspects had been arrested and 363 killed in the last one year.


He noted that as a result of the ongoing operations against oil theft, “most of the illegal refineries are down”.

Badaru said, “In our efforts to improve the production of crude oil in the country, We have been able to arrest 1,437 suspects, 363 neutralised and we have freed 245 held captive in the Niger Delta region. We have destroyed 3,051 dug pits, 1,276 boats and 3,924 storage tanks, among others. So most of the illegal refineries are down. Many vessels have also been arrested.”

Badaru said the President has been eager to see an end to insecurity in the country.

“The question from Mr president has always been ‘when are you going to end this thing?’. I keep telling him in no distant future we would end it. We have the personnel and the communities are supporting us. We have seen over 100,000 terrorists surrendering to troops, we are still expecting to see more. Those who refuse to surrender, we will fight them hard,” he said.

Answering questions on why the attacks are still on, the minister said, “The attacks happen around local governments that have forests. These people come out from the forest with motorcycles, attack the people and run back. But we have deployed technology today so that we can see them coming and take care of them before that time. We continue to fight, we will continue to deliver and I can assure you that the successes we have enjoyed in the last one year will be replicated and we will even do more next year.”

Badaru also said the President had approved the recruitment of more personnel into the military to increase its manpower.

He added that the President has directed the full deployment of technology to end insurgency in the country.

He said, “The President has approved that we should recruit more so that we can have boots on the ground and also deploy technology heavily so that we can end the insurgency.”

A former Peoples Democratic Party, PDP, National Deputy Chairman, Bode George, says the party must stick to its power rotation grundnorm between the North and South to win in 2027.

George said this while fielding questions from newsmen during his address to the nation, titled “My Thoughts on The State of Our Country in the Last 25 Years: A Time to Chart A New Direction”.

He was reacting to a recent statement made by former Vice President Atiku Abubakar and PDP 2023 Presidential candidate that he would drop his ambition in 2027 if the party picks the Labour Party Presidential candidate in 2023, Mr Peter Obi.

George said power rotation must be sacrosanct, adding that the PDP should have learnt its lessons from the defeat of 2023.

He said: “Our party has a grundnorm. The constitution of our party as compiled by the founding father, Baba Ekwueme (former Vice President Alex Ekwueme) and his team will remain a guiding light.

“We have paid a big price for not following the rule. We have made mistakes, let us learn. It has cost us too much.

“Section 7 sub section 3C states very clearly that the party must adhere to the zoning and rotation procedures for party positions and elective positions simultaneously for things to work well.”

According to him, power rotation, as embedded in the party’s constitution, was to guard against any situation that might bring back the military to power.

He said that the party’s founding fathers divided the country into six geo-political zones to capture the majority and minority tribes and give all a sense of belonging.

“This is because the problem since 1960 is between majority tribes and minority tribes.

“The majority tribe will have their way, but the minority will just be mere onlookers. That was the major cause of coups and counter coups,” he said.

George added that the party’s founding fathers came up with the idea that the top six positions in the land be shared by the six geo-political zones for equity and justice.

He listed the positions as offices of the President, Vice President, Senate President, Speaker of the House of Representatives, Secretary to the Government of the Federation and Chairman of the party.

He added: “They (founding fathers) agreed that every eight years, all the positions held by northern zones should come to the south zones, vice versa, for rotation.

“The moment we (the PDP) started tinkering with that idea officially against our grundnorm, that was what created division in PDP.”

Tinubu to flag off project Sunday, ministry to demolish buildings based on gazette

The Minister of Works, David Umahi, has disclosed that 750 houses that are on the path of the Lagos-Calabal Coast Highway have been marked for demolition.

He revealed this during a meeting with stakeholders in Lagos on Thursday.

He said, “If we go by the new alignment, 490 houses would be demolished, also following the gazette alignment, 750 houses would be demolished.

“There is no change of alignment; we are following the gazetted alignment. There would, however, be realignment at Okun Ajah area of the state by 25 kilometres to avoid damaging submarine cables.”

However, landlords of affected property were displeased with the government compensation, claiming it did not match their investment.

Umahi further disclosed that President Bola Tinubu had been invited to flag off the Lagos-Calabar Coastal Highway.

He said, “The President of the Federal Republic of Nigeria has been invited to flag off the coastal highway on Sunday, May 26, 2024.”

According to the minister, the coastal highway would boost tourism.

“The new corridor is going to have befitting tourism centres and the land is going to be made available by the relevant department of government, and Nigerians would be opportune to leverage that.

“When external funding from outside comes, it is going to reduce our inflation and strengthen the naira. So, the partnership of Federal Government is 30 per cent commitment, and we have not exceeded that in terms of the local funding commitment of the Federal Government,” he explained.

The minister noted that the new coastal corridor was not going to be for the benefit of Lagos alone.

He added, “This is not just going to be in Lagos alone, but all through the 700 kilometres of the coastal highway. We tend to link this road from Sokoto to Badagry, and another spur that is going to link a road that runs from Enugu, Abakaliki, and Ogoja, down to Cameroon, and that is called the trans-Africa trade route. The Badagry route is also an African trade route linking us to other West African Countries.”

10 property owners were compensated during a question and answer session with the minister.


Meanwhile, some property owners and residents have expressed anger over the compensation paid to them by the government, describing it as small compared to their investment in the marked properties.

According to them, the compensation is grossly inadequate and there is a need for the government to review the payment.

The President of Total Energies Staff Cooperative Society and Total Energies Staff Club, Cajetan Onu, said the compensation paid by the government was insufficient compared to the investment made on the developed property.

He appealed, “As I speak now, we have a bulldozer on our fence and we started developing our clubhouse four years ago, and we just commissioned it this year. We are not against the project; what we are requesting is more time to recover the equipment we can recover.

“Our second request is on the evaluation that was done to be on the cost for the compensation. We feel it is grossly inadequate compared to how much investment we put into this property. We beg you to assist us to ensure that we get the right compensation for this property.”

The founder of Leisure Games, Olanrewaju Ojo, who got N1.3m compensation, told The PUNCH that the amount was what he could generate in a week.

He said, “This is ridiculous! What am I supposed to do with this? I will make this in a week.”

Another compensated property owner of businesses on the Good Beach, who pleaded anonymity, said the amount was 1/6 of what he submitted.

He said, “For me, the compensation I was given is about 1/6 of what we submitted. Obviously, it is not up to what we invested in this business.

“I am having mixed feelings now and I do not know what to do. I do not know if I should accept or reject this.”

Another property owner, Paul Osemele, claimed that the compensation was not at a market rate.

He lamented, “Nobody is okay with the compensation; the government is given pantries, with the increase in cement.

“The government is not paying according to market value. In my house, I had about 20 tenants, and I have lost revenue since the whole thing started, as they have all moved out.”

Umahi responded that the government was fair on the issue of compensation.


He asserted, “On the issue of compensation, the government is impartial. What we have done for others is what we have done for this place as well.”

Umahi had earlier announced N2.75bn in compensation to property owners affected by the demolition necessary for the construction of the Lagos-Calabar Coastal Highway spanning from channel 0 to channel 3.

He revealed this information during a stakeholders meeting held in Lagos State on Wednesday.

He said, “To show sympathy for people who voted for Mr President, we would do everything possible to pay the human face compensation.

“Today, we are paying over N2bn in compensation just from channel 0 to channel 3.”

Umahi noted that the compensation being done was a flag-off for 10 people, directing that the rest of those to be compensated should go to the Secretariat of the Compensation Committee for payment.

He added, “All tenants within the Landmark premises, today, have all been shortlisted and they will get the alerts by 2:00 pm.


The first phase of the compensation flag-off included 10 property owners, which were: Olaotan Olamuyiwa of Checkmate; Kemi Osinibi of Landmark Kids Club by Maxtivity; Mide Adegbite, Peter Oladipupo of FX Lounge; Bukola Oloko, Abiodun Oguntunde of Xchange Lagos; Dapo Oniru of Moist Beach; Mustapha Olatunji of G12 Beach; Dr Bashir Oshodi, and Bestrock.

The Federal Controller of Works for Lagos State, Olukorede Kesha, noted that the aforementioned property owners were the first 10 to be compensated, adding that subsequently, other compensations would ensue.

In March, the Federal Government started constructing the 700-kilometer Lagos-Calabar Coastal Highway, designed to extend through 9 states with two spurs leading to the Northern States.

Umahi revealed that the road would be built using concrete pavement.

In the following month, the government established a committee tasked with the responsibilities of reviewing, assessing and compensating landowners affected by the construction of the Lagos-Calabar Coastal Expressway.

Umahi said that the committee, comprising members drawn from the ministry, Lagos State, affected communities, and other stakeholders, had primary responsibilities that included verifying the eligibility of claimants, assessing the dimensions of affected properties, and determining the appropriate compensation amounts.