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I Share Your Pains, I’ll Ensure Free and Fair Elections In 2023 —- Buhari Delivers Last Independence Day Speech As President [FULL TEXT]

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Ahead of next year’s general elections, the President, Major General Muhammadu Buhari (retd.), on Saturday, promised Nigerians that he would ensure free and fair elections come 2023.

Buhari also said he shared the pains of Nigerians occasioned by the spate of insecurity nationwide.

This was as he assured citizens, for the umpteenth time, of his government’s drive to strengthen the security agencies to better “deal with all forms of security challenges.”

In his last independence day speech as president, Buhari said he had been a “victim of unfair electoral processes” in the past, as a result, he would bequeath a robust electoral institution that would ensure the emergence of credible leaders.

He also called for more youth and women’s participation in the electoral cycle.

He said, “Having witnessed at close quarters, the pains, anguish, and disappointment of being a victim of an unfair electoral process, the pursuit of an electoral system and processes that guarantee the election of leaders by citizens remains the guiding light as I prepare to wind down our administration.

“It is for this reason that I have resolved to bequeath a sustainable democratic culture that will remain lasting. The signing of the Electoral Act 2021 as amended with landmark provisions, further assures us of a more transparent and inclusive electoral process.”

He promised that the success recorded in the Anambra, Ekiti, and Osun state governorship elections will be scaled up come 2023.

Here is the full speech of President Muhammadu Buhari on Nigeria’s 62nd independence anniversary.

Fellow Nigerians,

I address you today, with a deep sense of gratitude to God and a high level of appreciation to all Nigerians whose tremendous goodwill gave me the opportunity to provide leadership for our great country at one of the trying times in her history.

2. Conscious that today’s address would be my last on an Independence Day as your President; I speak to the millions of Nigerians, who believed in me, propelled and stood by me in my quest to bequeath a country where all citizens have equal opportunities to achieve their lives desires in a peaceful atmosphere.

3. I am honoured to say that my story in the annals of Nigeria’s history is no household secret. My various attempts, failures and eventual success in being elected as a Democratic President in 2015 was made possible by the majority of Nigerians.

4. When you elected me, I readily acknowledged that the tasks before me were daunting but surmountable because of the growing national consensus that our chosen route to national development was democracy.

5. This democracy was to be anchored on a clear understanding, application and the principles of separation of powers supported by a reformed public service that is more effective.

6. I then pledged to Improve the Economy, Tackle Corruption, and Fight Insecurity and this was further strengthened by my commitment to lift 100 million Nigerians out of poverty in ten years as the central plank of my second term in 2019.

7. To the Glory of God and His Grace as well as the commitment and passion displayed by many Nigerian supporters, we have made appreciable progress in these areas but not yet at our destination.

8. Mindful of the task before us, we took some time in settling down and we re-positioned the Economy by providing strategic interventions in core areas at both the Federal and Sub-National levels.

9. One of the areas where we have made significant progress is in the eradication of deeply entrenched corruption that permeates all facets of our national development.

10. We strengthened the Institutions for tackling corruption and also cultivated international support, which aided the repatriation of huge sums of money illegally kept outside the country.

11. The increasing number of prosecutions and convictions, with associated refunds of large sums of money is still ongoing. Furthermore, we would continue to block opportunities that encourage corrupt practices.
12. In order to address Insecurity, we worked methodically in reducing Insurgency in the North East, Militancy in the Niger Delta, Ethnic and Religious Tensions in some sections of Nigeria along with other problems threatening our country.

13. Our efforts in re-setting the economy manifested in Nigeria exiting two economic recessions by the very practical and realistic monetary and fiscal measures to ensure effective public financial management. In addition, the effective implementation of the Treasury Single Account and cutting down on the cost of governance also facilitated early exits from recessions.

14. Fellow Nigerians, this administration removed several decades uncertainty for potential Investors in the Oil & Gas sector with the passage of the Petroleum Industry Act, 2021. This landmark legislation created opportunities for foreign investments in addition to improving transparency in the management of the sector.

15. Our administration has given the desired priority to the Agricultural Sector through a series of incentives to Micro, Small and Medium Scale Enterprises that resulted in creating millions of jobs. Leading this initiative, the Central Bank of Nigeria’s intervention in a number of areas as well as the Anchor Borrowers Programme had created the required leverages for Nigerians towards self-sufficiency in food and the necessary attraction for farming as a business.

16. The growing contribution of non-oil exports, especially in agriculture, information and communication technology as well as the performing arts to our national economy will enhance our foreign exchange earning capacity.

17. We are confronting current economic challenges such as debt burden, growing inflation, living standards and increasing unemployment accentuated by our growing youthful population. These problems are globally induced and we would continue to ensure that their negative effects are addressed in our policies.

18. This administration will continue to ensure that our fiscal policies are supported by a robust and contemporary monetary policy that recognises our peculiarities in the midst of the growing global economic difficulties.

19. This is evidenced by the recent Monetary Policy Committee decision to maintain all parameters, especially interest rates and marginally increased the Monetary Policy Rate (MPR) from 14% to 15.5% and the Cash Reserve Ratio (CRR) from 27.5% to 32.5%. It is projected that this would further insulate our economy from over exposure to uncertainties at the international market by restraining growth in core inflation.

20. As we continue to de-escalate the security challenges that confronted us at inception of this administration, newer forms alien to our country began to manifest especially in the areas of kidnappings, molestations/killings of innocent citizens, banditry, all of which are being addressed by our security forces.

21. I share the pains Nigerians are going through and I assure you that your resilience and patience would not be in vain as this administration continues to reposition as well as strengthen the security agencies to enable them to deal with all forms of security challenges.

22. At the inception of this administration in 2015, I provided the funding requirements of the security agencies which was also improved in my second tenure in 2019 to enable them to surmount security challenges. We will continue on this path until our efforts yield the desired results.

23. As we put in place all measures to ensure that Nigeria takes her place in the Comity of Nations, we recognize the importance of a well-educated populace as a panacea to most of the challenges we face.

24. We have, therefore, pursued policies and implemented programmes designed to create a literate and proficient society that ensures that citizens are availed with opportunities for life-long achievements.

25. I must confess that I am very pained by the recurring disruption to our tertiary education system and I am using this Independence Day celebration to re-iterate my call for the striking Academic Staff Union of Universities (ASUU) to return to the classroom while assuring them to deal with their contending issues within the limits of the scarce resources available. This administration has made appreciable progress in redressing these issues that have been lingering for over eleven years.

26. The Federal Government will continue to mobilize resources both internationally and nationally towards funding education to ensure that our citizens are well educated and skilled in various vocations in view of the fact that education is a leading determinant of economic growth and employment generation.

27. Fellow Nigerians, we have also improved our health facilities, especially during and after the outbreak of the COVID-19 pandemic, which attracted commendation of the global community.

28. As you are aware, Nigeria was one of the countries that defied global predictions of the socio-economic impacts of the COVID-19 pandemic because of our resilience, commitment and passion with which we individually and collectively managed the pandemic.
29. This administration embarked on addressing critical ecological challenges across the country in order to mitigate the impact of Climate Change manifesting in the form of flood, soil erosion, desertification, air pollution amongst others

30. We will continue to ensure that our infrastructure drive remains the key to Nigeria’s economic growth and for which every Nigerian will feel the impact.

31. The Federal Government is already expanding ports operations to ensure that they provide opportunities for the growth of the Nigerian economy.

32. We have also continued to accelerate our infrastructure development through serviceable and transparent borrowing, improved capital inflow & increased revenue generation by expanding the tax bases and prudent management of investment proceeds in the Sovereign Wealth Fund.

33. To further open up our communities to economic activities, we have continued to boost our railway infrastructure with the completion of a good number of critical railways and at the same time rehabilitating as well as upgrading obsolete equipment.

34. I am pleased to inform my fellow citizens that besides our emphasis on infrastructural development with its attendant opportunities for job creation, employment generation and subsequent poverty reduction, our focused intervention directly to Nigerians through the National Social Investment Programme is also yielding benefits.

35. There is hardly any ward, village or local government in Nigeria today that has not benefited from one of the following: N-Power, trader-moni, market moni, subsidized loans, business grants or Conditional Cash Transfers.

36. All the aforementioned programmes along with various interventions by the National Social Investment programme, direct support to victims of flooding and other forms of disasters have provided succor to the affected Nigerians.

37. Fellow Nigerians, no matter what gains we make, without a good governance system anchored on electing credible leaders on the basis of free, fair, credible and transparent elections, our efforts would not be enough.

38. It is for this reason that I have resolved to bequeath a sustainable democratic culture which will remain lasting. The signing of the Electoral Act 2021 as amended with landmark provisions further assures us of a more transparent and inclusive Electoral Process.

39. Having witnessed at close quarters, the pains, anguish and disappointment of being a victim of an unfair electoral process, the pursuit of an electoral system and processes that guarantee election of leaders by citizens remains the guiding light as I prepare to wind down our administration.

40. You would all agree that the recent elections in the past two years in some states (notably Anambra, Ekiti and Osun) and a few federal constituencies have shown a high degree of credibility, transparency and freedom of choice with the people’s votes actually counting. This I promise would be improved upon as we move towards the 2023 General Elections.

41. As we begin the transition process to another democratically elected government, I want to implore all aspirants to conduct issues-based campaigns devoid of hate speeches as well as other negative and divisive tendencies.

42. I also want to express my wish that we see more female and youth participation in the forthcoming electoral cycle. I am sure that our teeming and energetic youths now realise that violence generally mar elections and so should desist from being used by politicians for this purpose.

43. Reforms in the public sector are already yielding results especially in the delivery of services. On this note, I urge the general public to demand for citizen-centred services from the relevant authorities.

44. On the international front, we have continued to take advantage of our bilateral and multilateral platforms to explore cooperation with friendly countries and partners whenever these areas of cooperation are to the advantage of Nigeria.

45. Fellow Nigerians, in the past few years we have witnessed and overcome a good number of challenges that would ordinarily have destroyed our Nation. However, the indefatigable spirit of the Nigerian people has ensured that we overcome our challenges.

46. It is in this spirit that I call on all of us to individually and collectively bring to the fore in dealing with all our development issues.

47. I was called to serve, along with my team, I saw an opportunity to create a better Nigeria which we have done with the support of Nigerians. Almighty God and the good people of Nigeria supported us in laying a solid foundation for the Nigeria of our dreams.

I thank you all and God bless the Federal Republic of Nigeria.

BIG STORY

Wema Bank Appoints New Deputy Managing Director And Executive Director

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Wema Bank, Nigeria’s innovative leader in banking and pioneer of Africa’s first fully digital bank, ALAT, is pleased to announce the appointment of a new Deputy Managing Director and an Executive Director. These strategic appointments, approved by the Board, come as part of the bank’s commitment to ensuring strong leadership succession. The new roles will take effect on December 1, 2024, following the retirement of Mr. Oluwole Akinleye, the current Deputy Managing Director.

Mr. Akinleye, whose retirement will be effective November 30, 2024, has been a vital pillar of Wema Bank’s growth and transformation. Over the past decade, he has demonstrated exemplary leadership across various capacities, including overseeing the Southwest Business, Corporate Banking Division, Customer Experience Management, and Corporate Sustainability. His tenure has been marked by significant contributions to the bank’s strategic objectives and market positioning.

In expressing gratitude for his service, the Board of Directors and management of the Bank disclosed that Mr. Akinleye’s dedication and strategic foresight have been instrumental to Wema Bank’s transformation journey. He is deeply appreciated for his invaluable contributions and they wish him the very best in his future endeavors.

As part of its robust succession planning, Wema Bank has appointed Mr. Oluwole Ajimisinmi as Deputy Managing Director. Mr. Ajimisinmi, who joined Wema Bank in 2009 as Company Secretary/Legal Adviser, was appointed as an Executive Director in 2020. With years of experience in corporate governance, strategic leadership, and banking, he is well-positioned to steer the bank towards its next phase of growth and innovation.

The bank has also named Mr. Olukayode Bakare as Executive Director, effective the same date. A seasoned finance and treasury expert with years of industry experience, Mr. Bakare has been a key driver of Wema Bank’s Treasury, Wholesale Funding, and Global Trade Business. His extensive expertise and leadership will further bolster the bank’s commitment to delivering innovative financial solutions.

Commenting on these appointments, the Board of Directors and management of the Bank said these appointments underscore Wema Bank’s commitment to building a future-ready leadership team. According to the Bank, Mr. Ajimisinmi and Mr. Bakare bring a wealth of expertise, passion, and a clear vision to their new roles. The Bank is confident that their leadership will propel Wema Bank to new heights, ensuring sustained innovation and value creation for its stakeholders.

Wema Bank remains committed to its mission of delivering cutting-edge banking solutions through technology and innovation. With these leadership changes, the Bank is poised to maintain its position as a trailblazer in Nigeria’s financial services sector.

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BIG STORY

NDLEA Intercepts Europe-Bound Drug Barons At Lagos, Abuja Airports

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Operatives of the National Drug Law Enforcement Agency (NDLEA) have thwarted attempts by drug syndicates to export large consignments of cocaine, methamphetamine, and opioids through the Murtala Muhammed International Airport in Ikeja, Lagos, and the Nnamdi Azikiwe International Airport in Abuja, to the United Kingdom, Italy, Turkey, and Qatar.

A total of 13 parcels of cocaine weighing 4.40kg, destined for the United Kingdom via Frankfurt on a Lufthansa Airlines flight, were intercepted by NDLEA officers at the export shed of the Lagos airport on November 5, 2024.

A statement issued on Sunday by the agency’s spokesperson, Femi Babafemi, revealed that a businessman linked to the consignment, Ekeocha Nelson, was tracked and arrested on November 8.

Babafemi also reported the arrest of another businessman, Adegbite Solomon, who attempted to export 7,800 pills of tramadol, among other drugs.

He said, “The bid by another businessman, Adegbite Solomon (aka Obama), to export 7,800 pills of tramadol, 180 tablets of Rohypnol, and 60 bottles of codeine to Italy was also foiled at the departure hall of the Lagos airport on Monday, November 11, when the NDLEA operatives arrested him after recovering the opioids concealed in food and other items while attempting to board an Ethiopian Airlines flight to Italy. He claimed to have travelled to Europe through the Mediterranean Sea and earned a living as a street beggar before delving into the logistics business.”

Babafemi further mentioned the arrest of another businessman, Anoke Roomy, who was caught with 1,100 pills of tramadol 225mg hidden in his luggage while attempting to board an Ethiopian Airlines flight to Istanbul, Turkey, at the Lagos airport on November 15.

He added, “Following credible intelligence, the NDLEA officers of the Directorate of Operations and General Investigation, and their counterparts from the FCT Command of the agency on Friday, November 15, raided a hotel room at the Federal Housing Authority estate, Lugbe, Abuja, where they arrested two suspects: Omeh Uchenna Jude, 36, and Anene Valentine Chigozie, 34. Recovered from them was 1.8kg methamphetamine, which they were preparing to travel with to Qatar.”

In another intelligence-led operation, Babafemi said a trans-border drug trafficker, Emmanuel Okeke, was arrested during an attempt to smuggle drugs to Ghana.

He said, “Officers of an NDLEA task force on Saturday, November 16, foiled the attempt by a trans-border trafficker, Emmanuel Okechukwu Okeke, to smuggle 50,000 pills of tramadol 225mg from Ghana into Lagos. The pills were concealed in the body compartments of a Toyota Hummer Bus belonging to the GUO Transport Company, driven by the suspect. The vehicle was intercepted at the Ijanikin area of the Lagos-Badagry Expressway while coming from Ghana.”

In Edo State, Babafemi reported the recovery of no fewer than 997kg of cannabis during raids in various parts of the state.

“While 680kg of cannabis and a Sienna bus marked FST-320 AE were seized at a bush path to the Oghada forest in Oghada, Orhionmwan LGA, 180.5kg of the same substance was recovered from a suspect, Cecilia Ibe, 31, at the Ofosu forest, Ovia South West LGA, and 136.5kg evacuated from a building in Otuo community, Owan East LGA on Thursday, November 14,” he added.

In Kwara State, Babafemi mentioned that NDLEA operatives arrested a suspect, Adio Sulaiman, with 120.8kg of cannabis and some litres of codeine at Gaa Odota in Ilorin West LGA.

“While Kelechi Obichere, 42, was nabbed with 75kg of cannabis at Eziobodo, Owerri West LGA, Imo State on Thursday, November 14, a total of 563.74 kilograms of the same psychoactive substance were recovered from a 60-year-old suspect, Anthony Anakabi, following his arrest at Iyalode, Iyana Church area of Ibadan, the Oyo State capital,” he concluded.

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BIG STORY

Lagos Wants To Colonise North With Tax Reform Bills, National Assembly Must Reject Them — Kwankwaso

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Rabiu Kwankwaso, former governor of Kano, has called on the national assembly to reject any attempts to “cheat” the north through the proposed tax reform bills.

Kwankwaso made this statement on Sunday during the convocation ceremony of Skyline University at the Ammani Centre, Nassarawa GRA, Kano state.

He accused Lagos of “making a lot of efforts” to colonise the north, and further alleged that the president, who hails from Lagos, is interfering in the emirship dispute in Kano.

“The Emir has just been installed at this difficult time in our country, especially in this part of the country, northern Nigeria,” he said.

“Today, we can see very clearly that there is a lot of effort from the Lagos axis to colonise this part of the country.”

“Today, Lagos wouldn’t allow us to choose our Emir. Lagos has to come to the centre of Kano to put their own Emir.”

“Today, we are aware that the Lagos young men are working so hard to impose and take away our taxes from Kano and this part of the country to Lagos.”

The Kano emirship is currently the subject of litigation. Muhammadu Sanusi was reinstated as Emir of Kano in May, but Aminu Bayero, who was previously removed to make way for Sanusi, has refused to step aside.

  • TAX REFORM BILLS

Kwankwaso, the New Nigeria Peoples Party (NNPP) presidential candidate in the 2023 elections, also claimed that many factory owners have been “forced” to relocate their headquarters to Lagos, enabling the southwest state to claim “all the taxes.”

“We have seen the effort of some people to make the poor poorer and the rich richer. And I believe this is very dangerous for us,” Kwankwaso said.

“This part of the country today is suffering from a serious economic crunch, insecurity, poverty, hunger, and diseases.”

“I believe this is not good for the cordial existence of our country. At this moment, I would like to call on all our national assembly members to keep their eyes open so that they don’t do anything that will cheat the people of northern Nigeria, especially here in Kano.”

“We are witnesses to what happened during the first term of Olusegun Obasanjo from 1999 to 2003, where our members of the national assembly were bribed into collecting a huge sum of money to support onshore/offshore in the country.”

“That law put a huge blow on our economy in northern Nigeria and all other states.”

  • BACKGROUND

On October 3, President Tinubu asked the national assembly to consider and pass four tax reform bills.

These proposed legislations, which have sparked intense debate, include the Nigeria tax bill, the tax administration bill, and the joint revenue board establishment bill.

The president also requested the parliament repeal the law establishing the Federal Inland Revenue Service (FIRS) and replace it with the Nigeria Revenue Service.

On October 28, the Northern States Governors Forum (NSGF) opposed the bills, arguing that the proposed legislation would harm the region’s interests. The governors asked the national assembly to reject the bills, calling for the equitable and fair implementation of national policies across all regions.

The National Economic Council (NEC) also urged Tinubu to withdraw the bills to allow for further consultations.

On November 1, President Tinubu stated that the bills would not be withdrawn, emphasizing that the proposed laws are designed to improve the lives of Nigerians and optimise existing tax frameworks.

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