…charges APC to embrace financial discipline and women & youth inclusion. President Bola Ahmed Tinubu has continued to explain his decision to end the fuel subsidy regime in Nigeria as well the arbitrage in the foreign exchange market due to the multiple foreign exchange windows hitherto operated by the Central Bank of Nigeria. The President while addressing the National Caucus Meeting of the All Progressives Congress, which took place at the State House Conference Centre, detailed decisions he has taken so far to reform the country’s economy, reiterating that Nigeria cannot continue to sustain the treasury-depleting fuel subsidy and losses…
Author: Michael Chibuzo
The President of the Federal Republic of Nigeria, Asiwaju Bola Ahmed Tinubu (GCFR) on Monday night addressed Nigerians in a national broadcast. Below is the President’s address titled ‘After Darkness Comes The Glorious Dawn’: My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I am not going to talk in difficult terms by dwelling on economic jargon and concepts. I will speak in plain, clear language so that you know…
President Bola Ahmed Tinubu will make a broadcast to the nation on Monday, July 31, 2023 at 7pm according to a statement released by the Special Adviser to the President on Special Duties, Communications and Strategy, Dele Alake. The statement enjoined television stations, radio stations and other electronic media outlets to hook up to the network service of the Nigerian Television Authority and Radio Nigeria for the broadcast. It is anticipated that among other things, the President will address Nigerians on the state of the economy and measures his administration is putting place to turn around the economic fortunes…
On Thursday 27 July, 2023, the highly anticipated ministerial list of President Bola Ahmed Tinubu was delivered to the Senate by the Chief of Staff to the President, Femi Gbajabiamila, to kick start the screening and confirmation process. The President in trying to beat the 60-day window stipulated in the Constitution could only send in names of 28 ministerial nominees with at least 12 more names expected to be submitted in the coming days. A cursory look at the list reveals a certain deliberateness by the President, which has escaped the notice of many – the President wants to…
Following a widely circulated misinformation across many media platforms that the Federal Government had increased tuition fees in federal universities across the country, the presidency has come out to set the records straight. In a State House Press Release signed by the Special Adviser to the President on Special Duties, Communications & Strategy, Dele Alake, the federal government described the news report as inaccurate and not correct. The press statement read: “It was widely reported earlier this week across some news media outlets that the Federal Government had increased tuition fees in federal universities in the country. These reports…
Prof. Charles Soludo, the Anambra State Governor called them the headless mob while the literary icon, Prof. Wole Soyinka called them fascists and nattering nitwits. Of course they are a mob with no head and certainly no ability to reason. These descriptions perfectly capture the supporters of the Labour Party Presidential Candidate in the 2023 Presidential Election, Mr. Peter Obi who aptly chose to call themselves Obidients! Prior to the 2023 general elections, Obidients (hereinafter called the mob or fascists) claimed to have started a movement that will take back Nigeria, dismantle structures of criminality, and make a new…
It is becoming a torture these days when I go through court filings of the counsels to the Labour Party Presidential Candidate, Mr. Peter Obi at the Presidential Election Petition Tribunal sitting in Abuja. One major success of the Obi Tribunal circus is the lowering of the bar of election petitioning in Nigeria. I have taken time to dissect the very watery petition of Mr. Peter Obi as well as how the petitioner struggled to make his case during the hearing. In this piece, I want to simply delve into the final written address of the Petitioner in response…
For years, it was a common refrain in the circles of economic critics, energy experts and commentators for Nigeria to fully deregulate the downstream sector of the oil and gas industry. It however took decades for Nigeria to finally heed to that call, albeit forced by circumstances. What this means is that there is a large number of generations out there in Nigeria who have been used to subsidised petrol all their life until now. Fuel subsidy is finally gone but obviously Nigerians are yet to accept and adjust to this reality. The famous literary icon, Samuel Johnson once said…