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Senator Adeyemi urges incoming president, Asiwaju Tinubu to champion the cause of debt forgiveness

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***Asks Creditor nations to write off debts

***Says NASS will not approve N800b loan request

The Senator Representing Kogi West in the 9th National Assembly that is winding down, Smart Adeyemi has urged the President Elect to champion the cause of debt forgiveness for third world Countries

He said Nigeris should not be allowed to collapse because of debts the money of which was embezzled

He also urged the creditor nations abroad to as a matter of necessity forgive the debts since most of the debts were stolen by leaders who later starched the monies in their countries adding that with the global economic recession Nigeria can not pay the debts any longer.

Speaking to newsmen at in Abuja on Wednesday, Adeyemi said he is opposed to the country taking further loans as he faulted the recent loan request of $800million by President Buhari
“There is nothing bad in saying, no to repayment of debts, with the economic recession we cannot pay, you know why we can not pay, in the last 10 years, Europe should look at the capital flows from Africa to their nation. “Let them probe all the monies that came from African nations a good percentage of these monies were stolen money. So let them take their loans from the money that has been starched in their nation. 

“Don’t allow the poor to pay for the sin of the rich. For me African nations should start to ask for debt forgiveness, we can’t pay, we don’t have the means to pay, they should write it off and with your support it will be possible, African nations must team up. Developing nations must team up to tell ASIA, Europe and America that we can no longer pay any foreign debts.”

“We would not allow our people to die, the populace should not die for loans that have been taken that some are inexplicable. “For me the $800m they are asking for, personally I don’t think it is going to fly in the National Assembly as we are about to wind down, National Assembly will not support any new loan I don’t think so. If it happens I will not support it. 

“The loans that we have taken is enough. African Nations should rise up, we can not pay.‘’

On the issue of the Naira redesign policy that crumbled after Nigerians were subjected to untold hardships he blamed the PDP for the policy.

When reminded that it was the ruling Party APC’s policy he said, when APC was shouting that this redesigning of the currency was meant to bring down the economy and to discredit the APC, the PDP under Atiku Abubarkar were in support of the CBN’s evil design. 

He defended President Muhammad Buhari saying as a leader “people can come and package a program for you, you may not even get the details of what they want to do. 

“When Emefiele announced the redesigning of the currency he told us that in 6 months there will be enough currency notes in circulation. I want to ask was there enough currency in circulation? People could not get their monies, even the old notes were not available. 

“I am above partisan politics, but on the floor I have been critical of APC when some people were asking whether I am still a member of the APC? I don’t play partisan politics with issues that affect Nigerians because the people come first. I will not support APC when I see anything that is bad

“There are many things I said about our party that I don’t regret because I wanted them to get it right. If the redesigning of the currency is for the economic advancement of Nigeria before you announced it you will know you have more than the 3/4 of what you require to be injected into the circulation. 

“Even the old note were not available. It took the Supreme Court to compel the release of the old notes.

 He berated the CBN governor Godwin Emefiele accusing him of coming to cripple the economy and crumble the nation.

He said,  “Already people had started attacking banks, the next thing would have been to start attacking individuals there would have been anarchy, that was the intention of the opposition. 

“Go and check the utterances of all these people in PDP they were supporting the policy and why were they supporting the policy. In an ideal society, Emiefiele would have resigned since. 

“A man who aspired to be President under APC, bought his form and ehen he did not get it he shifted loyalty. PDP now brought a cousin brother of his as running mate,so what did you expect him to do. 

“All these policies were put in place to make it impossible for APC to win but you see the Bible says, nobody takes any honor upon himself except that who has been chosen such as of Aaron.”

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Legislature

NASS Clerk wades into DSS, Staff face-off, tells security operatives to be civil

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***Reads riot act

Apparently piqued by the commotion caused by the alleged brutality of some top staff of the National Assembly on Friday by the personnel of the Department of State Services (DSS), the Clerk to the National Assembly(CNA), Alhaji Sani Magaji Tambawal has read the riot act to all security operatives in the complex.
He charged them to be civil in carrying out their duties at all times.
A statement signed by Birma Shuaibu Maina, Secretary, Human Resources and Staff Development on behalf of the CNA pointed out that the top management of the National Assembly was aware of the unfortunate incident that happened on Friday, 17th May, 2024.
It further said the CNA and top management team visited Comrade Odo at the National Assembly Clinic and immediately called for an emergency meeting between the Management, Security Personnel and Parliamentary Staff Association of Nigeria (PASAN) officials during which the “unfortunate incident” was deliberated upon and unanimously resolved as follows:
“That DSS and other Security operatives should work in harmony with the Sergeant-At-Arms.
“All security operatives within the National Assembly Complex should be civil in the discharge of their duties.
“All members of Staff should always display their I. D. cards for easy identification”.
Finally, the CNA and the top management appealed to the staff to be “calm, peaceful and law abiding as the situation is under control”.
It will be recalled that a face-off between the DSS and some staff of the National Assembly Friday, led to the brutalization of two senior staff of NASS leading to demonium at the complex

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Legislature

Natasha makes case for local industries development

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***Pays courtesy call on SMEDAN DG

The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, on Thursday, made a strong case for the development of Local industries through creation of a market for local manufacturers rather than just training them in their existing skills.


She spoke when she met with the Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, to make case for the growth of local factories and the manufacturing of made-in-Nigeria products.

The meeting, also attended by Senator Ede Dafinone, Vice Chairman of the Senate Committee on Local Content, focused on developing local content, investing in local manufacturers, and strengthening homemade products to boost the economy and create jobs for youth.


Senator Akpoti-Uduaghan emphasised the need to support local manufacturers and promote made-in-Nigeria products, highlighting the potential of local products like handwoven fabrics (popularly known as Kitipa in Ebira parlance), which can be used to produce shoes for military, paramilitary, and Corps members. This, she noted, would reduce importation and boost the economy.

“You cannot teach a local person how to make shea butter or black soap. They already know it. But what they need is market and access to finance.
“Local manufacturers need training on how to access markets and brand their products for international export. They already possess the skills, but need guidance on branding and marketing,” she stated.

Senator Akpoti-Uduaghan cited examples of successful international partnerships, such as the French cosmetics company L’occitane and Burkina Faso’s Shea butter industry, and Zara and Ethiopia’s cotton industry. She suggested that Nigeria could similarly partner with international brands like Prada or Louis Vuitton to boost its leather industry, creating revenue and downstream sectors.

The lawmaker criticised the government’s ‘50,000-era enterprise’ initiative, stating that it does not effectively support local industries.

She also emphasised the need for agencies like SON and NAFDAC to be more accessible and responsive to small-scale businesses.

By harnessing the local content of every part of the country, growing and strengthening it to produce in commercial quantity for local consumption and export, Senator Akpoti-Uduaghan believes that Nigeria can create more jobs, reduce importation, and boost the economy.

In his remarks, the SMEDAN boss promised to create a viable market for local content industry by working closely with the National Assembly to encourage local manufacturers to boost the local products that are needed in the country and valued outside the shores of Nigeria.

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Legislature

Senate okays establishment of North West Development Commission

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The Senate has approved the North West Development Commission (NWDC) bill to address the challenges facing the seven states in the geopolitical zone.

The approval came after the consideration and adoption of the report of the Committee on Special Duties on the NWDC (Establishment).

The bill to establish the commission was sponsored by t

The Deputy President of the Senate, Senator Barau Jibrin and 20 other senators from the seven states in the North West geopolitical zone sponsored the bill to establish the commission
Chairman of the committee, Sen. Shehu Lawan Kaka (APC, Borno Central) moved the motion for the presentation and consideration of the report, while Sen. Ireti Kingibe (LP, FCT) seconded it.
Presenting the committee’s report, Senator Kaka pointed out that the intent and purpose of the bill are well structured and strategically streamlined for the socio-economic development of the North West geopolitical zone of the country.

He added that the commission’s establishment would bring the federal government closer to the North Western states and meet the yearnings and aspirations of the people.
He, therefore, urged the Senate to pass the bill.

When the bill was put to vote by the Deputy President of the Senate, Senator Barau I Jibrin, who presided over the plenary, the senators unanimously supported it.

In his remarks, Senator Barau commended his colleagues for supporting the bill’s passage.

When established, he said the commission would address the challenges facing the geopolitical zone and, by extension, the country.

Describing the North West as the food basket of the country, he said the commission, when established, will work towards the restoration of infrastructure destroyed by Boko Haram insurgents and bandits in the region.

” So if we are serious about ensuring we have food and for food security to be attained in this country, we must provide the necessary infrastructure for all our key sectors to thrive well.

“This commission is needed. I commend you all for supporting this; no one said no. Everybody supported this idea. So, now we are pushing the Bill to the House of Representatives for their approval and then to Mr President for assent,” he said.

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