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‘Our economy is in tatters while its managers fight over Presidential approval’

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***APC destroying economy with wrong, ill-timed policies- Kachukwu

The Presidential candidate of the African Democratic Congress (ADC)  Dumebi Kachukwu has likened the Nigerian economy to a torn piece of paper that will be damaged further by the planned redesigning of the Naira.

Kachukwu who spoke in Abuja on Monday said it is an ill timed policy which will further erode the value of the Nigerian currency against the American Dollar.

He pointed out that President Muhammadu Buhari has continued to destroy the Nigerian economy with wrong and ill-timed policies that mostly benefit a few. 
“Millions are daily thrown into the poverty bracket. Our middle class has been wiped out as the dollar today exchanges for N800 and above. Diesel which powers most businesses and industries retails for around N900. A bag of local rice sells for N50,000 in some parts of Nigeria. 

“A bag of Dangote cement retails for N4100. Mind you cement is the building block for the construction industry and that same construction industry is a key driver of any economy. 

“One begins to wonder if this government is deliberately trying to set a record of creating the greatest number of poor people in the shortest period possible. 

“How do you explain the timing of the re-design of the naira? The sensible thing to do is weigh the pros and cons before taking such a decision which has further weakened the naira. 

“How many Nigerians actually store money in their homes as is being speculated? Do we further destroy the naira because of a few Nigerians?

On the controversy between the finance minister and the Central Bank of Nigeria which exposed the fact that some appointees of the government were working at cross purpose he said, 

 “It further speaks to the confusion that goes on daily in President Muhammadu Buhari” administration, the fact that the minister of finance who is a key part of the economy, who oversees the economy to get to know the policy of Naira redesigning through the media says a lot about our country and the government.

“It says a lot about the fact that in this government, something that concern monetary policy, the minister of finance was not part of the meeting to be briefed. She might not have a supervisory role over the CBN Governor but she is a key part of the economy. She would have pointed out the fact that the policy is ill timed.

“At a time like this. It is extremely ill-timed. Before this time, the Naira was doing N788 to $1, today it is over N800 and in Lagos it is over N1000 because people are now speculating.

“Everyday Nigerians are now leaving this country in droves. As they leave Nigeria they are selling their properties, they are buying forex. 

“Our economy is in tatters while the managers of our economy fight over who informed who or who got Presidential approval. 

“As the naira continues to plunge, more businesses will collapse this week. Thousands will be thrown into the employment market daily. This is our reality.

“We need to see all the factors affecting our Naira. If these people are not in touch with the reality of what is happening in Nigeria they keep on making wrong headed policies. They will keep on making mistakes. 

“In a country like ours we have been speaking for seven years about diversifying our economy about strengthening the Naira, I want to challenge this government, the banks to tell us how many new businesses the banks have supported to export this year. 

“If you want to strengthen the Naira you have to look at the balance of trade, you have to export more than we import. They should ask the banks how many people they funded to export, how many small businesses in the last 10 months, in the last one year or two years, five years or throughout the lifespan of this administration that will show you what is going in Nigeria. 

“It is a very unserious government that does not know what is  to be done.”

He challenged the security agents to fish out those that are hoarding the Naira to warrant the new policy.

“Why can’t our security agencies up their game, identify those who have been speculated to store billions in their homes and then use legal means to recover the money. 

“By the way who says all money stored at home is ill-gotten wealth? There are those who simply don’t trust banks or don’t want to incur the extortionist bank charges imposed by some banks”

On the security security advisory by some of the western nations and the departure of embassy officials and their families which have led to panic amongst Nigerians he said it is because the President failed to respond to rumours that some convicted terrorists were released to secure the freedom of the remaining Kaduna train captives. 

“Some now accuse his government of undermining the efforts of our men and women in the field by the indiscriminate release of those who have sworn to destroy our way of life. Only the President can confirm if this is true or not.

“Nigerians now live in fear of the unknown as they wonder if they could be in the right place at the wrong time. Our highways have gotten worse as bandits now take on and kill convoys with several policemen. If those with a retinue of police aides are being attacked and, in some cases killed, then who is safe in Buhari’s Nigeria?

“Even though President Buhari has sought to assure Nigerians that all is well one begins to wonder what is really going on.”

“We can’t continue to keep quiet while our President continues to pauperise us. I call on President Buhari to convene an emergency economic summit. 

“We all need to get involved in this conversation. It is meaningless to keep on talking about the 2023 general elections when our present realities suggest that we might not have a nation by that time. 

“We can’t continue acting like we don’t know tens of millions of Nigerians are unemployed and impoverished.Their plight gets worse as our economy gets worse. When is breaking point? “The President can’t keep on saying he is fighting inflation yet in an import dependent economy small businesses are paying up to N5 million to clear a 20ft container and up to N9million for a 40ft container. 

“Who is advising our President? Inflation begins from your ports. This government is killing small businesses. If the President is serious about strengthening the naira, he should find out how many new export oriented businesses Nigerian banks funded in the last one year. 

“He should find out how many new businesses Nigerian banks funded in the last 10 months. We can’t keep on deceiving ourselves.”

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30 CSOs denounce Lawyers who dragged EFCC chair before UN, UK, others

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***describe them as jobless detractors, paid hecklers, defenders of Injustice

Lawyers who dragged the Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede to the United Nations, United Kingdom and other international nations have been called out by 30 civil society groups

The lawyers had on Friday accused the EFCC boss of flagrantly disregarding valid court orders and breaching the constitutional rights of Nigerians.

At a press conference on Saturday, the Convener of the 30 Civil Societies and Chairman of Conference of Civil Society of Nigeria, Mr. Adams Otakwu, indicated that the allegation against the EFCC by the lawyers is a slap on the entire nation, aimed at distracting and derailing the ongoing war on corruption.

The Nigerian Civil Societies denounced the lawyers’ unfounded claims and “dismissed the group as jobless detractors, paid hecklers and defenders of Injustice unknown to the civil society.

“The assertions put forth by these lawyers, accusing the EFCC of flouting court orders and infringing upon the constitutional rights of Nigerian citizens, are not only devoid of merit but are also symptomatic of a deliberate attempt to impede the ongoing efforts of the EFCC to combat corruption and promote accountability within our nation.

“It is imperative to underscore that actions undertaken by Mr. Olukoyede are not personal endeavors but are emblematic of the steadfast commitment of the EFCC as an institution of the Nigerian people to uphold the rule of law and foster transparency in governance. Any insinuation to the contrary is not only fallacious but also an affront to the integrity of the EFCC and the Nigerian People.

“Furthermore, we categorically reject the insinuation that these self-proclaimed defenders of justice are acting in the interest of the Nigerian populace. On the contrary, it is evident that they are driven by ulterior motives, perhaps influenced by vested interests seeking to undermine the progress achieved by the EFCC and the watchful Civil Society of Nigeria in the last six months.”

The groups urged President Bola Ahmed Tinubu, the United Nations High Commission for Human Rights, the United Kingdom, the United States and the European Union not to listen to the so call lawyers.

“It is ludicrous to suggest that President Bola Ahmed Tinubu of Nigeria, the United Nations High Commission for Human Rights, the United Kingdom, the United States, and the European Union should entertain the baseless demands of these individuals. Such propositions are not only preposterous but also reflective of a desperate attempt to garner attention through sensationalism and misinformation.

“We call on the international community to disregard these frivolous allegations and instead lend unwavering support to the EFCC and the Nigerian State in the noble pursuit of combating corruption and promoting good governance.

“The EFCC has made significant strides in the fight against corruption in the last six months, and the Nigerian Civil Society remains confident in the ability of the EFCC to steer our nation towards a future free from the scourge of corruption,” the groups said.

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Uphold virtues of Ethics, Civic Education, Akpabio charges Scout Association of Nigeria

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The Scout Movement of Nigeria has been admonished to inculcate in Nigerian youths virtues of national ethics and the need to be prepared for any eventuality in life all the time
The President of the Senate, Senator Godswill Akpabio gave the admonition when the Chief Commissioner of The Scout Association of Nigeria, Dave Padopads-Awunah led other executive members of the Association on a courtesy to him at the National Assembly.
The Association visited Akpabio as one of their own to brief him on the forthcoming Nigeria Scout Parade and President’s Award event coming up in Abuja from 17-21 May, 2024.

In his opening remarks, The Chief Commissioner of Scout of Nigeria, Dave Padopads-Awunah expressed their joy over the elevation Senator Godswill Akpabio to the position of President of the Senate of Nigeria, stating that Senator Akpabio’s quality as a young scout has propelled him to excel in his tasks as one of the best governors Nigeria ever produced and now his giant strides in his short stay as President of the Senate.

Padopads-Awunah further recalled the role the senate president played by paying for scouts and ensuring Nigeria Scouts were represented at the world scout jamboree in Japan during his period as governor.

In his response, Akpabio expressed his joy at the visit and recalled with nolstagia, his period as a young scout.
He highlighted the tenets of scouting which he said help in molding the character of persons who grow in good citizens of their country.
He stated his commitment to amending the Boy Scout Act of Nigeria and also assist the association in delivering on their core mission to the young people of Nigeria

A statement by the Special Assistant to the President of the Senate, Anietie Ekong quoted Senator Akpabio as having advised the Association on the need for discipline, continuous education on issues like climate change and artificial intelligence.

According to Senator Akpabio, “I don’t know at what stage that Nigeria stopped having organizations like yours in primary and secondary schools. In my time, we had Scout Movements in primary and secondary schools. We even use to have the female counterpart, The Girls’ Guide.

“These Movements inculcated right ethics and ethos on the young ones, getting them to know their country, the national pledge, national anthem and respect for national symbols like the national flags and currency.

“The Scout Movement should prepare the youths for leadership in all spheres of life and that is why the motto of the Scouts, “Be Prepared” appeals to me. You should be prepared for situations that are favourable, be prepared for the rainy season and dry season; be prepared for the season of bountiful harvest and even famine,” he said.

Senator Akpabio extolled the Scouts Movement as a disciplined organization which should be encouraged through training and retraining on contemporary issues like climate change and artificial intelligence and pledged the support of the National Assembly in their programmes.

Mr. Awunah who led the delegation intimated the Senate President on the forth-coming Nigeria Scout Parade and President’s Medal Awards, sought the collaboration of the National Assembly in executing their programmes that would ne of immense benefit to Nigerian youths.
The deputy senate president and other leaders of the senate were present at the event where the President of the senate was decorated by the Chief Commissioner alongside his colleagues

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Nigeria on the path of codifying national values through NOA – Issa-Onilu

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By Friday Idachaba, Lokoja.

DIRECTOR-General of the National Orientation Agency (NOA), Mallam Lanre Issa-Onilu has said that the Nigerian nation is on the path of codifying its values through the National Values Charter being midwived by the Agency.

Issa-Onilu who disclosed this during a “Town Hall Meeting with Stakeholders in Kogi State on Government Policies Programmes and Activities” on Thursday in Lokoja said this was part of the mandate given to the agency by President Bola Ahmed Tinubu.

He said that the Values Charter was not anything new as all communities and ethnic nationalities hold strongly to their values but unfortunately, “the country has not put any value system in place.”

Onilu said values would only be appreciated when they are kept and made sacrosanct, promoted and nurtured by the people.

The NOA DG regretted that as it is today, no one can give a definite answer if asked, Who is a Nigerian? “We don’t have a definition for who a Nigerian is.

“And it is important we define who a Nigerian is because we know at the end of the day the definition would mean that a Nigerian cannot be a bandit, a proper Nigerian cannot be a kidnapper.

“A proper Nigerian cannot get to government and become a thief, stealing government resources and promoting corruption and bringing hardship to the people.

“A proper Nigerian is the one that will become governor and do the right thing, provide infrastructure, create employment and promote peace and stability in the state.

“That’s who a good Nigerian is. A good Nigerian is the president that will come and promote prosperity, ensure unity and there is no nepotism.

No one side is promoted above the other and no one side is marginalized. That is the value of a good Nigerian. But all of these are just my opinions”, the DG quickly added.

Issa-Onilu noted that Articles of great nations are codified and the values held in high esteem adding, “We must know ourselves and what we represent.”

He said that the best way to develop a nation is through attitude adding that attitude led us to where we are today and therefore called for character building by promoting the values charter.

The DG revealed that the Federal Government would soon introduce Citizenship Study in all schools from primary to secondary and tertiary levels as compulsory subjects or courses with emphasis on the right values, right character and how to be a good Nigerian.

This is to inculcate the right values in children so that when they grow up and get into the society, they would live their lives in a way that both the parents, the society, and the country will be proud of them.

“So this will happen soon. And we are starting this year with 37,000 Citizenship Brigades, 1,000 per state in primary school and secondary schools*, he said.

Stakeholders at the Townhall meeting, among other demands, called on NOA to impress on the the Federal Government the urgent need to reduce Petroleum pump price, and making Religious Education compulsory at all levels of education.

Speaking earlier, Mr Patrick Edogbanya, Acting State Director of the Agency in Kogi, commended Issa-Onilu for the visit saying that so far, the NOA DG had taken the message of government programmes and activities to 10 states, Kogi being the 11th.

Edogbanya noted that the Townhall meeting with stakeholders drawn from various societal strata in Kogi provided a rare opportunity to rub minds with the people towards finding a lasting solution to some of the surmountable challenges being faced by the country.

He enumerated some the DG’s achievements adding that his initiatives on staff welfare had started yielding results alluding to his charismatic team leadership adding, “Your hard work and selfless service show that we have a capable DG in the driver’s seat.” (Ends)

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