Connect with us

News

Politics of Rotation: Yar’Adua Vs Jonathan Debacle

Published

on

No country can equal Nigeria as far as politics is concerned. As paradoxical as this might sound, it is so true that we have made landmark achievements by way of bizarre actions and in other political-show of shame and impunity. So what are we equating with what? We have a whole lot, that no nation can match, when it comes to Nigerian politics.

Indeed right from the first republic, the Nigerian politics has witnessed interesting turbulent moments. The key actors/leaders in the past have taken actions that have put the entire nation in a shambles, all in the name of national interest Yet, no lesson to learn, instead we keep busying ourselves with talks and writings that do not change the rot.

Interestingly, the powerful tacticians and power-brokers have understood the mindset of the voiceless, inactive or passive political advocates, who know how to shout without talking actions to redress the inequities in the country. This set knows that majority of Nigerians are cowards or the proverbial barking dogs that never bites. With the deeply entrenched fear among the Nigerian electorates, these opportunists and power-brokers have always had a field day. The height of impunity with which they demonstrate their high-handedness and tyrannical leadership style keeps one wondering . Little wonder, they apply the rotational political style without considering the interest or concern of the Nigerian masses.

Which country on earth can match this tall political credential of our beloved Nigeria? Well, the answer lies in politics of rotation. It is a pity that these political actors/opportunists/power – brokers have succeeded in rotating Nigeria and Nigerians like a spinning cone, without any hope of falling either with the head or tail. They’ve rotated Nigeria for more than forty years without realizing that a forward step-by-step movement is better than the one-spot, retrogressive circumnavigation/circumlocution. To them, progress doesn’t matter, what is paramount is rotation and their entrenched of treasury looting and reckless mismanagement of our commonwealth.

Why is it that, our dear President’s ill-health and the vacuum so created in Aso Rock, has become a matter of PDP leadership decision, rather than a recourse to the constitution? Why is that Nigerians have become so docile, passive and powerless that just a handful of some selfish, greedy and heartless opportunists or politicians could mortgage our future and toil with it, when we all know that our liberation lies in our very hands?

One thing these actors must know, is that many Nigerians are no longer in the dark days of ignorance, many thanks to Chief Olusegun Obasanjo, whose political activism has brought some ill-intent but positive changes. Thank God, for the Nigerian constitution which has been made available to everyone who cares about acquiring a copy. But it is important that our lawyers assist to educate Nigerians on the content/text of the Nigerian Constitution, so that we would know how to demand for our rights.

Many Nigerians are in desperate need of constitutional and political enlightenment and sensitization to be able to jumpstart the liberation struggle, otherwise, these political opportunists and power-brokers would lead us to lamentable, but avoidable perdition.

Our fears have become their strength and inspiration and their insensitivity to the plight of the ordinary Nigerian has become a norm and a positive value.

It’s foolhardy to rejoice at President Yar’Adua ailing health, after all, none of us can predict or dictate what happens to us the next minute. Nigerians, honestly don’t need this one sided and sentimental style of politics called “politics of rotation”. If PDP doesn’t know, at least those of its members that have conscience and a good sense of judgment should have known the truth.

If for no other reason, at least for the mere fact that, for over forty years, rotational politics has taken us nowhere. It really doesn’t matter, who rules Nigeria, whether a Northerner or Southerner, what should matter is good governance and not political propaganda and sycophancy. Those who have succeeded in rotating themselves in government for over forty years, should have been wise enough to realize that, even though there’s no revolution, what they’ve amassed for those endless and hopeless reign, can take care of their third generation.

Rather than wait, for the wind of change to disgrace them out of office, it is better for them to bury their faces in shame and quit the political scene quietly. The wrath of God is fast coming and when it gets there, the actors will no longer have a hiding place and their cohorts/sycophants will abandon them to their fates.

We all know that, in every bit of rumour, fact elements abound. Again, many Nigerians know the position of the lapses ridden constitution, so the noises coming from the PDP circles and the remorseless cabals about Vice President – Goodluck Jonathan being compelled to resign, and of course, the declaration of 9-day prayer! AsoRock not being vacant, sinks clearly in the ears and minds of Nigerians.

But there’s a limit to everything.

Those who mean well for Nigeria, should quit talking and confront these cabals, who tell lies even on oath, who have toiled with our future for countless years. They should be told about empathy, and the fact that nothing last forever except change and that God is watching everyone of us. Thus, the fear of God, will herald the wisdom that will save them from the wrath or sledge hammer hanging in the air. Rather than campaign or lobby for who occupies the seat in AsoRock, we should rather pray for Mr. President because, whatever happens to him will affect every Nigerian.

Indeed a situation where Nigerians don’t have a say in the determination of the affairs of the state by true representation, spell danger for our unity and development. The choice of liberating Nigeria from evil men is a collective and compulsory task. If we can’t take the initiative by telling our parents, uncles, friends, associates, party members and “representatives” the gospel truth, then we had better quit complaining and shouting and do the politics of rotation instead.

Icha us a guest to the Edior

 

Clement Icha

Continue Reading

News

Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

Published

on

President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”

Continue Reading

News

FG Laments Low Patronage Of Made-In-Nigeria Products

Published

on

A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.

Continue Reading

News

Nigeria Seeks Return To JP Morgan Bond Index

Published

on

The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.

Continue Reading

Trending