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Nigeria’s Governance Structure Set Up For Bankruptcy — Lamido Sanusi

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The immediate past Emir of Kano and former Governor of the Central Bank of Nigeria, Muhammad Sanusi, has again said it is inevitable for Nigeria to be bankrupt with its current governance structure, which he described as too expensive and unsustainable.

The outspoken economist, who has repeatedly complained about the cost of governance in the country, said with the fiscal crisis the country is facing and looking at where Nigeria is headed post-COVID-19 crisis, it had become imperative for Nigeria to ask fundamental questions about the structure of its federation.

Speaking at a webinar hosted by Emmanuel Chapel, with the theme, ‘Mitigation of the economic impact of COVID-19 and the path to recovery’, Sanusi said when he was the CBN governor and the price of oil was over $100 per barrel, the government at the time spent 80 percent of its revenue on salaries and overheads. “Now, I’m sure that with the shortfall in revenues and where the oil price is, after debt service, we probably have to borrow to pay salaries. We have got to look at that structure,” he added.

He stated further, “If you have a company and you have extremely high overheads and you need a high contribution margin to break even, you would be looking at how to reduce cost. So, we have a constitution that says we should have a president and a vice-president, we must have a minister from every state of the federation, whether or not it’s 36 ministries; we should have 109 senators and 360 members of the House of Representatives.

“It also said we should have 36 governors, 36 deputy governors, each state with its House of Assembly and comprising many legislators, 774 local government chairmen, councilors, the personal assistants and special assistants (at all levels), staff members and vehicles.

“With these, you are already set up to be bankrupt. This is something I have been talking about for years. We need to ask ourselves; the structure that we have, does it leave us any option rather than to remain unsustainable over time? This is the kind of conversation we need to have as a country.

“Do we need a bicameral legislature; do we need close to 500 legislators in Abuja; do we need the hundreds of state legislators; what are they doing; do we need all these local government chairmen and councilors or do we need to look at that structure?”

At the event anchored by the founder/CEO, BFA Foundation, Olu Verheijen, Sanusi also said even if it wouldn’t reduce cost, the government could increase productivity by redeploying personnel from the civil service where many people do administrative works to areas like education and health care.

BIG STORY

Aso Rock Not A Party Office — Holding NEC Meeting There An Aberration — ADC To APC

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The African Democratic Congress has criticised the All Progressives Congress for conducting its national executive committee meeting at the State House in Abuja.

In a Friday statement, Bolaji Abdullahi, interim national publicity secretary of ADC, noted that the State House is neither a party office nor a private residence.

President Bola Tinubu presided over the APC NEC meeting on Thursday at the Banquet Hall of the State House. During the session, the party named Nentawe Yilwatda, the minister of humanitarian affairs and poverty reduction, as its new national chairman.

Yilwatda replaced Abdullahi Ganduje, who stepped down from the position in June.

Abdullahi responded to the appointment by stating that the ADC hopes the “appointment” of Yilwatda “might trigger a shift in tone, temperament, and trajectory for a party that has too often equated governance with propaganda, and power with impunity”.

He also expressed the hope that the APC would demonstrate “greater tolerance” for opposing voices under Yilwatda’s leadership.

He added, “We hope Professor Yilwatda will channel his high education and experience towards improving the democratic credentials of his party and its government, which, so far, has been marked by intolerance and what has often appeared like a deliberate plan to eliminate all opposition parties and foist a one-party rule on the country.”

He said it was concerning that the National Executive Committee meeting “was held within the confines of the State House — a public institution, funded by the Nigerian people, not a party office or private residence.”

He described the APC’s decision to host a party meeting at the seat of government as “an aberration that underlines how far this government has strayed from the foundational norms of democratic accountability.”

He called on the new chairman to ensure the party “respects the line — now dangerously blurred — between party and state.”

Abdullahi also highlighted Yilwatda’s former role as a Resident Electoral Commissioner, saying, “This is no small credential. It comes with a deep understanding of electoral ethics, neutrality, and public trust.”

He continued, “We sincerely hope he will draw on this experience to promote the sanctity of our electoral processes, rather than using insider knowledge to game the system in favour of his party, as has often been the case under the APC’s watch.”

He concluded, “In closing, we pray for Professor Yilwatda that may his tenure be longer than those of his predecessors and his exit more honourable.”

This is not the first time an APC NEC meeting has been hosted at Aso Rock. The ruling party previously held a similar meeting at the presidential villa in 2020.

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BIG STORY

Over 4,000 Inmates Freed In Push For Justice Reform — Interior Minister Tunji-Ojo

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The federal government has announced the release of over 4,000 inmates from correctional facilities nationwide as part of its justice system reform efforts.

Olubunmi Tunji-Ojo, the minister of interior, made this known on Thursday during a meeting with Chinedu Ogah, chairman of the house of representatives committee on reformatory institutions, in Abuja.

He stated that the inmate population has decreased from over 86,000 to around 81,450 following a review process focused on cases involving minor infractions.

“The correctional service remains a key priority. We must uphold the dignity of even the most vulnerable citizens,” he said.

Tunji-Ojo praised the national assembly for backing the ministry’s reform initiatives and highlighted the importance of collaboration between the executive and legislative branches in achieving lasting changes.

Ogah remarked that the minister’s actions are in line with President Bola Tinubu’s broader goals for justice reform and national progress.

This federal initiative coincides with similar actions at the state level aimed at easing overcrowding in correctional centres.

In May, Halima Mohammed, chief judge of Gombe, authorised the release of 85 inmates from the custodial facilities in Gombe and Billiri.

That decision came after inspections by the state’s criminal justice and inquiry committee across four correctional centres.

The chief judge explained that the visits were intended to identify inmates qualified for bail or outright release.

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BIG STORY

PDP Will Finish Fourth In 2027 Elections — Many Leaders Have Been Eased Out — Fayose

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Ayodele Fayose, former governor of Ekiti, has said that the Peoples Democratic Party (PDP) has lost its structure and may likely end up in fourth place in the 2027 general election.

During an interview on Channels Television’s Politics Today on Friday, Fayose explained that the opposition party has been weakened by internal strife and the exclusion of its key figures.

“You know the situation of our party today, and it is in my prayer that the PDP does not come fourth in the coming elections,” he said.

“When I came here, I said the party was already going into carcass.

“Pretenders can pretend, but you know that managing the party has become an issue; everybody in that party today is doing to your tent, o Israel.

“Today, I am telling you the PDP will come fourth in the general elections. In most states, they are already compromised.

“They have eased out so many leaders. It’s good for them, but let me remind you, I was part of the G5.”

Fayose added that the PDP has lost much of its strength, pointing to the departure of influential members.

“In the same PDP, the presidential candidate has left, the vice-presidential candidate has left, senators have left, and governors have left,” he said.

He noted that although he was invited to the party’s last national executive committee (NEC) meeting, he stayed away because he felt sidelined.

Fayose also suggested that President Bola Tinubu offers the quickest route for the north to regain power after his tenure.

He referred to a past conversation with the president where Tinubu described the All Progressives Congress (APC) as the “shortest political link between the north and the south”.

“I recall he told me that the shortest distance between the north and the south is APC,” Fayose said.

“I could not understand at the time because he told me that after Buhari’s four years, anybody should be able to wait for another four years.

“So, zoning to the south by the PDP is good for them because today Tinubu is the shortest distance for power to return to the north.”

Fayose clarified that he has not left the PDP but remains open to working with any political party.

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