Connect with us


BIG STORY

Now That You Have Been Elected By Ayobami Oyalowo

Published

on

Let me start by congratulating you on winning what is probably the most keenly contested election in Nigeria, since the return of democracy in 1999. Without a doubt, you would have gotten an enormous number of congratulatory messages both locally and internationally, I therefore join all Nigerians, your well wishers, supporters, and the global community to wish you all the best as you prepare to take the mantle of leadership, effective May 29th, 2023.

The campaign was long, hard and it was indeed vigorous, but one thing that was constant is your keen focus towards your plan of action, tagged “The Renewed Hope”. I can claim to be some sort of expert on that document, as I have had to read and digest it, because I was one of those saddled with the task of explaining, espousing, and educating fellow Nigerians on your plans, as a member of the public affairs committee of the APC presidential campaign council.

This plan of action is rich in focus, detailed in plan and very clear on the path of action. My purpose for penning this short treatise is to nudge your Excellency to action. I know there are still a few more weeks to your swearing-in, but I crave your indulgence that we start to put in place modalities to actualize these plans. I know the well worn cliche, “hit the ground running”, seems overused these days, but it remains true. Our country is in dire need of a new direction and methodology, and the earlier these plans are documented, and implementation plans commence, the earlier we can start to experience the renewed hope, as envisioned in your action plan.

It is true that the current President Buhari led administration has done a lot in terms of infrastructure, yet the reality is that there are still enormous challenges with the economy, power supply, etc. the current scarcity of Naira notes and some other decisions on fiscal policies, require review and reassessment.

The Nigerian youths are our bastion of hope; hence they must be carried along not only governance participation, but also in terms of fulfilling their yearnings and aspirations. We must prioritize them and urgently seek ways to provide a conducive environment for them to thrive and succeed.

The Renewed Hope document is big on industrialization, job creation etc. we must focus on ensuring that our people begin to see hope without further delay. You have a proven track record of successfully implementing this in Lagos State, we trust you to replicate it on a larger scale in Nigeria.

Once again, congratulations Asiwaju Bola Ahmed Tinubu, The President-Elect of the Federal Republic of Nigeria.

 

The writer, Ayobami Oyalowo is a political and development economist, based in Abuja and served as a member of the Public Affairs Committee in the APC PCC.

Email: [email protected]

 

 

 

 

 

 

 

 

BIG STORY

Law Enforcement Agencies Benefitted From Petrol Subsidy Scam — Former EFCC Chairman Bawa

Published

on

Abdulrasheed Bawa, former chairman of the Economic and Financial Crimes Commission (EFCC), says law enforcement agencies were among the beneficiaries of the petrol subsidy fraud.

In his latest publication, The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud, Bawa revealed that Nigeria lost $450 million to the subsidy scam under the Petroleum Support Fund (PSF) between 2006 and 2012.

He noted that several oil marketers involved were prosecuted and jailed, with 80 percent of the embezzled funds recovered.

During an interview on Arise Television’s programme Prime Time, Bawa pointed out that many individuals tied to the fraud were compromised.

“Everybody was benefitting from the scale and the scam, including law enforcement,” Bawa said.

“People can be compromised in such a way that they will look the other way around. It’s a general thing.”

The former anti-corruption chief also urged Nigeria to push back against damaging external narratives, particularly the idea of “relooting” recovered public funds.

He argued that the country must reject the perception that it is involved in “relooting the loot”, a term used to describe alleged misuse of retrieved assets.

“Nigeria should be able to challenge the international community that is always thinking negative about our country,” he said.

“This idea of relooting the loot shouldn’t be discussed against us as a country. Nigerians and non-Nigerians should have the ability to trust in our leaders.”

Bawa further stated that Nigerians have increasingly accepted negative portrayals imposed by foreign voices.

“It has now become like a norm among us Nigerians to take in what the international community perceives us to be,” he added.

When asked about the repeated controversies surrounding EFCC chairs, Bawa dismissed suggestions of political witch-hunting but acknowledged the recurring pattern.

“It’s just a phase that has to come and go. People always talk. Whether you’re telling the truth or not, people will say something,” he said.

Bawa served as EFCC chairman from 2021 to 2023.

Continue Reading

BIG STORY

Reps Kick As Ibas Allocates N24bn For CCTV, N30bn For Gunboats In Rivers’ 2025 Budget

Published

on

The ad hoc committee of the house of representatives overseeing Rivers state has criticised Ibok-Ete Ibas, the state’s sole administrator, over certain allocations in the N1.48 trillion 2025 budget.

The senate had approved the N1.48 trillion appropriation bill for Rivers state on June 25.

A breakdown of the budget shows that N120.8 billion is designated for debt servicing, N287.38 billion for recurrent non-debt spending, and N1.077 trillion for capital projects.

At a budget defence session in Abuja on Monday, Julius Ihonvbere, the house majority leader and chair of the ad hoc committee, highlighted several concerns after reviewing the proposal.

Ihonvbere raised questions about the N24 billion set aside for CCTV, the N30 billion allocated for gunboats, and the N23 billion marked as contingency funds. He called for a full explanation and justification of these figures.

He noted that the budget lacked a medium-term expenditure framework (MTEF), which is a statutory requirement.

Ihonvbere also questioned the state’s decision to finance federal projects without a formal reimbursement agreement from the federal government.

He requested detailed records of local government fund transfers, including how third-tier funds are currently managed.

“We need additional details for those allocations. We request details of the state’s Internally Generated Revenue (IGR) in the last three months,” he said.

“That will enable us to know your financial flows so that we can weigh it against the deficit in the budget in terms of financing it and carrying out some of the projects.

“We also need details of transfers to local governments — essentially, how local government funds that came into the state are being managed at the moment.

“Those documents we have requested must reach us within 48 hours; rest assured that we are all on the same side in terms of getting Rivers working again.

“We want to ensure that we promote a lot of accountability and ensure that the interests of the people themselves, no matter how remote they are from the state capital, are protected.”

Responding for Ibas, Andrew Nweke, senior special assistant on strategy and policy, explained that many of the budget items were inherited by the current administration.

He said the allocations align with the priorities identified by the people of Rivers, following assessments conducted by implementing agencies.

Nweke said the CCTV allocation was intended for installing modern surveillance systems at the government house.

He also said the gunboats were designated for supporting security agencies in patrolling the state’s waterways.

He added that the contingency funds would be used to address emergencies such as flooding and insecurity.

He assured the committee that the requested documents would be submitted.

Continue Reading

BIG STORY

Tinubu Conferred With Knight Commander Of The Order Of Saint Lucia

Published

on

The Saint Lucian government has awarded President Bola Tinubu the title of Knight Commander of the Order of Saint Lucia (KCOSL), the country’s highest distinction.

“The Government of Saint Lucia is pleased to announce that, the Governor General has conferred the title of Knight Commander of the Order of Saint Lucia (KCOSL) upon H. E. Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria,” the country revealed in a post on X.

Tinubu landed in Saint Lucia on Saturday as part of a diplomatic visit to two nations in the Caribbean and South America.

He had earlier addressed a joint session of the Saint Lucian senate and house of assembly.

During his address, Tinubu emphasized the importance of unity among Africans and those of African descent, stressing their common future.

“My visit to Saint Lucia is in keeping with the ideal of building the bridge between Africa and the Caribbean and creating a pathway to deepen economic ties and foster mutual cooperation. It also reflects our desire as a people to advance prosperity, sustainable development, and strengthen familial bonds,” he said.

“Nigeria and the island of Saint Lucia are bound by history, culture, and common aspirations. Our administration is determined to nurture and expand bilateral relations on trade, investment, tourism, education, and cultural exchange, as well as improve consular services for the citizens of both our nations.”

The Saint Lucian government has also announced plans to formalise diplomatic relations with Nigeria, aiming to build a structured platform to deepen collaboration in various mutually beneficial sectors.

“Saint Lucia and the Federal Republic of Nigeria will establish a visa waiver arrangement for holders of diplomatic and official passports from OECS member states,” the government stated.

“Nigeria will provide scholarships to citizens of OECS member countries and extend the services of the Nigerian Technical Aid Corps (TAC) to OECS countries.”

Continue Reading



 

Join Us On Facebook

Most Popular