By Michael Chibuzo On May 29, 2023, President Bola Tinubu stood on the presidential podium at Eagle Square and signalled his administration’s intention to carry out major and audacious shake-up in Nigeria’s monetary environment. He affirmed that in line with his campaign promise, the CBN would receive his blessing to harmonise the foreign exchange market and do away with the multiple exchange rates the CBN pegged the Naira to in various FX windows. Just like with the deregulation of PMS, President Bola Tinubu knew that the liberalisation of the foreign exchange market to allow demand and supply to determine rates…
Author: Michael Chibuzo
…calls on Soludo to resign if overwhelmed by burden of governance The Knights of Sir Paul Chukwuma (KSP), a popular support group dedicated to the realisation of the governorship project of Sir Paul Chukwuma (Onwa Umueri), the Pro-Chancellor of Olivia University, is set to intensify its mobilisation efforts at the grassroots especially at the wards and polling unit clusters as the battle to rescue Anambra State from the disastrous reign of Prof. Charles Soludo and APGA becomes intense. This decision was taken at the Expanded Executive Committee meeting of KSP, which took place on Sunday in Awka and had in…
By Temitope Ajayi A video of former President Olusegun Obasanjo’s interview with News Central Television has been trending on social media platforms for the past week. In the interview, the former President, in a veiled reference to the current administration, said Nigeria has a President who came into office without a plan. Yet, the same ‘planless’ president is implementing a bold economic reform programme that Obasanjo initiated and abandoned mid-way. This intervention is essentially about a tale of two leaders and how they both handled fuel subsidy removal, a very touchy issue every president of Nigeria has avoided since 1973…
The member representing Aba North and South federal constituency in the House of Representatives, Hon. Alex Mascot Ikwechegh, has allegedly assaulted and threatened to murder a Bolt driver who delivered a package to him over what he described as the driver’s “disrespect” to him. In a video of the incident recorded by the Bolt driver, which has now gone viral, Hon. Alex Mascot Ikwechegh, popularly known as Onye Ocha na Aba, was seen assaulting the Bolt driver and threatening to make him disappear for daring to talk to him in a certain manner. “Do you know where you are? Do…
President Bola Ahmed Tinubu has began a restructuring of his government with merging of two Ministries and the scrapping of two others. The Special Adviser to the President on Information and Strategy, Bayo Onanuga on Wednesday announced that the President and the Federal Executive Council has approved the scrapping of the Ministry of Niger Delta and Ministry of Sports. According to the Presidential Spokesperson, there will now be a ministry of regional development to oversee all the regional development commissions, such as the Niger Delta Development Commission, North West Development Commission, South West Development Commission , North East Development Commission…
A popular supporter of Mr. Peter Obi, the Labour Party presidential candidate in the 2023 presidential election, Mr. Akin Olaoye has expressed his great disappointment towards Mr. Peter Obi for his deliberate omission to celebrate the revered Ooni of Ife, Oba Adeyeye Enitan Ogunwusi (the Ọjájá II) CFR, who turned 50 three days ago. In a post on his X handle @akintollgate directed at Mr. Peter Obi, the disgruntled Yoruba Obidient said: “An obvious omission is the absence of a 50th birthday greeting to his Majesty the Ooni of Ife, from one I admire and supported greatly in the 2023…
The presidential candidate of the Labour Party in the 2023 presidential election, Mr. Peter Obi has reacted to the backlash from his supporters over his birthday wishes to former military Head of State, Gen. Yakubu Gowon who clocked 90. The former Anambra State Governor yesterday wished Gowon, who was Nigeria’s President during the civil war, and immediately under his post, many of Obi’s supporters, popularly called Obidients, attacked Mr. Peter Obi for daring to congratulate Gowon who they described as the enemy of Igbos Following the intensity of the backlash from his Igbo support base, Peter Obi was forced to…
By Michael Chibuzo This man called President Bola Ahmed Tinubu is painstakingly doing an architectural redesign of Nigeria’s economic foundations. He has chosen to be the scapegoat and anyone who understands Nigeria’s structural problems should be grateful that a Bola Tinubu is President of Nigeria today. This is a President who appears not to be bothered about re-election politics and moves like one ready to sacrifice his immediate personal political interests for the long-term health and survival of his dear country. At the moment and in the foreseeable future, his attempt to solidify the foundation of this federalist state called…
The Independent National Electoral Commission (INEC) has officially scheduled the next Anambra governorship election for Saturday, November 8, 2025. The electoral umpire announced the date during a meeting with political party representatives at the INEC headquarters in Abuja on Thursday. The meeting was presided over by the INEC Chairman Prof. Mahmood Yakubu. Addressing the representatives of political parties, Prof. Mahmood Yakubu said, “as you are aware, the last governorship election in Anambra State was held on 6th November 2021. By the effluxion of time, the governorship election is due next year.” “Consequently, the Commission has approved that the 2025 Anambra…
President Bola Tinubu has sent a congratulatory message to the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, CFR as he clocks 50 years. The President’s message is contained in a state house press release signed by his Special Adviser on Information and Strategy, Bayo Onanuga. “President Bola Tinubu proudly joins Nigerians, the people and chiefs of Ile-Ife, and the global Yoruba community in commemorating the 50th birthday of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, CFR, the Ojaja II”, the statement read. “The President notes Ooni’s extraordinary leadership and maturity since ascending the throne at 41, emphasising his significant…