Tinubu: We Inherited a Near-collapsed Economy
Tinubu: We Inherited a Near-collapsed Economy
*Says ‘I’m committed irrevocably to the unfinished nation-building business’
President Bola Tinubu said upon assuming office, his administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and misalignment that had impaired real growth.
In his national broadcast to mark Nigeria’s 65th independence anniversary, Tinubu said: “As a new administration, we faced a simple choice: continue business as usual and watch our nation drift, or embark on a courageous, fundamental reform path. We chose the path of reform. We chose the path of tomorrow over the comfort of today. Less than three years later, the seeds of those difficult but necessary decisions are bearing fruit.
“In resetting our country for sustainable growth, we ended the corrupt fuel subsidies and multiple foreign exchange rates that created massive incentives for a rentier economy, benefiting only a tiny minority. At the same time, the masses received little or nothing from our Commonwealth. Our administration has redirected the economy towards a more inclusive path, channelling money to fund education, healthcare, national security, agriculture, and critical economic infrastructure, such as roads, power, broadband, and social investment programmes.”
The President noted that these initiatives will generally improve Nigerians’ quality of life, adding, “as a result of the tough decisions we made, the Federal and State governments, including Local Governments, now have more resources to take care of the people at the lower level of the ladder, to address our development challenges.”
In the broadcast aired nationwide by TV and radio, President Tinubu also said: “like our founding fathers and leaders who came before me, I have committed myself irrevocably to the unfinished nation-building business.”
*Says ‘I’m committed irrevocably to the unfinished nation-building business’ President Bola Tinubu said upon assuming office, his administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and
Nigeria at 65: Democracy only exists in Abuja, no sign of progress – Adeyanju
Activist lawyer, Deji Adeyanju, has downplayed the existence of democracy at the subnational levels in Nigeria despite the country’s 65th independence. Adeyanju said democracy only exists in Abuja, the capital city of Nigeria and not at the subnational levels, 65 years after independence. In a statement he signed to mark Nigeria’s independence anniversary, the activist
Nigeria at 65: Democracy only exists in Abuja, no sign of progress – Adeyanju
Activist lawyer, Deji Adeyanju, has downplayed the existence of democracy at the subnational levels in Nigeria despite the country’s 65th independence.
Adeyanju said democracy only exists in Abuja, the capital city of Nigeria and not at the subnational levels, 65 years after independence.
In a statement he signed to mark Nigeria’s independence anniversary, the activist said there is no sign that the country is making any progress.
He accused state governors of holding so much power with little accountability.
According to Adeyanju: “As Nigeria marks another Independence Day, it is important for us to reflect on the state of our democracy.
“Today, democracy in Nigeria seems to exist only in Abuja; it is almost non-existent at the subnational levels. Our governors wield excessive power with little to no accountability and they are shielded from scrutiny even as their salaries and allowances continue to rise.”
He accused state governors of disregarding the Judiciary, stressing that the Supreme Court’s judgment on local government autonomy “remains largely unenforced.”
“Less than a year ago, 19 state governors nearly crippled the EFCC. But for the intervention of the judiciary, the fight against corruption would have suffered a fatal blow.
“This same disregard for accountability is the same reason that the judgment of the Supreme Court on local government autonomy remains largely unenforced. Leaders cannot pick and choose which laws to obey,” he said.
The rights lawyer said only four ministers are working under President Bola Tinubu’s administration.
He noted that a country like Nigeria can’t afford to have ghost ministers.
“True democracy must be rooted in accountability at every level, not just in the Federal Capital Territory. When we turn to the ministers, the picture is no better.
“Only about four of our ministers are visible and working; the rest are missing in action and are only ministers by portfolio. A country of Nigeria’s magnitude and challenges cannot afford ghost ministers,” he said.
He challenged the current leadership of the country to urgently address the issue of insecurity, noting that it would enable Nigerians to feel safer both at home and on the road.
Adeyanju added: “Independence means nothing without security. Nigeria must urgently strengthen its internal and territorial security so that citizens can feel safe in their homes, on their roads, and within their communities.
“Every other day we hear of “unknown gunmen” unleashing terror across the nation. This cannot continue.
“Independence Day, to me, should not just be a date on the calendar. It should be an ongoing work of building a nation where democracy, accountability, and security are real for every Nigerian, not just a privileged few.”
Nigeria at 65: Democracy only exists in Abuja, no sign of progress – Adeyanju
‘Boko Haram will be child’s play’ – Obasanjo cautions against uncontrolled population
Former President Olusegun Obasanjo says if Nigeria’s population growth is not tackled, it could cause serious consequences. Obasanjo made this statement on Tuesday at the inauguration of the Bakhita ICT Centre at the Catholic Secretariat in Sokoto. He emphasized the importance of education and knowledge, describing them as tools for national development. “By the year
‘Boko Haram will be child’s play’ – Obasanjo cautions against uncontrolled population
Former President Olusegun Obasanjo says if Nigeria’s population growth is not tackled, it could cause serious consequences.
Obasanjo made this statement on Tuesday at the inauguration of the Bakhita ICT Centre at the Catholic Secretariat in Sokoto.
He emphasized the importance of education and knowledge, describing them as tools for national development.
“By the year 2050, people like the Sultan will be here. I am not praying to be here 25 years from now.
“We will have the problem of 400 million Nigerians that have to be provided with food, work that have to be satisfied. If we fail to prepare for that, Boko Haram of today will be a child’s play. We have to take care of it now,” he said.
The ex-Nigerian leader equally called on the citizens to embrace the nation’s unity in diversity and resist external narratives that misrepresent the country.
‘Boko Haram will be child’s play’ – Obasanjo cautions against uncontrolled population
Nigeria at 65: ‘Focus on bright future’ – Speaker Abbas tells Nigerians
Speaker of the House of Representatives, Abbas Tajudeen, has urged Nigerians to focus on the bright future as the country marks its 65th Independence Anniversary. In a statement by his media aide, Leke Baiyewu, the Speaker said Nigeria has come a long way through a chequered history, while the years ahead promise greater unity and
Nigeria at 65: ‘Focus on bright future’ – Speaker Abbas tells Nigerians
Speaker of the House of Representatives, Abbas Tajudeen, has urged Nigerians to focus on the bright future as the country marks its 65th Independence Anniversary.
In a statement by his media aide, Leke Baiyewu, the Speaker said Nigeria has come a long way through a chequered history, while the years ahead promise greater unity and prosperity for all.
While noting that God has indeed blessed the country with immeasurable human and natural resources, the Speaker called for collective efforts by all stakeholders towards building a nation regardless of religious, ethnic and political differences.
According to him, Nigeria remains on the right path with the ongoing implementation of the Renewed Hope Agenda of President Bola Ahmed Tinubu.
Abbas expressed optimism that the country remains the Giant of Africa and is bound to reclaim its position as the biggest economy on the continent.
He equally charged Nigerians to remain undaunted by the security and socio-economic challenges, calling for more prayers and patriotism as they remain law-abiding.
The Speaker assured Nigerians of the 10th House’s commitment to providing accountable leadership, good governance and dividends of democracy to the people especially at the grassroots.
Nigeria at 65: ‘Focus on bright future’ – Speaker Abbas tells Nigerians
Osimhen: Galatasaray Achieved Huge Victory Over Liverpool
Victor Osimhen has reflected on Galatasaray’s hard-earned victory over Premier League champions Liverpool, Completesports.com. Okan Buruk’s defeated the Reds 1-0 at the RAMS Park on Tuesday night. The Nigeria international netted the winning goal from the penalty spot in the 16th minute. Osimhen was replaced in the 71st minute by Mauro Icardi. The 26-year-old, who […] The post Osimhen: Galatasaray Achieved Huge Victory Over Liverpool appeared first on Complete Sports.
DR Congo court sentences ex-President Kabila to death for treason
A military court in the Democratic Republic of Congo has sentenced former President Joseph Kabila to death in absentia, accusing him of treason and supporting an armed rebellion in the country’s volatile eastern region. The post DR Congo court sentences ex-President Kabila to death for treason appeared first on Nairametrics.
Nigerian man to face 20 year jail term over inheritance fraud in U.S.
A Nigerian national was extradited from Poland to face federal charges in the United States over an elaborate inheritance fraud scheme targeting elderly Americans, authorities said Monday. The post Nigerian man to face 20 year jail term over inheritance fraud in U.S. appeared first on Nairametrics.
Tinubu appoints new heads of three agencies
President Bola Tinubu has approved the appointment of three new Heads of Agencies. Bello Bawa Bwari (Niger State) has been appointed as the new Director-General in the National Biosafety Management Agency for an initial term of four years, effective from September 18, 2025. Tinubu also appointed Hon. Barr. Aminu Junaidu (Zamfara State) as Chairman/ Chief
Tinubu appoints new heads of three agencies
President Bola Tinubu has approved the appointment of three new Heads of Agencies.
Bello Bawa Bwari (Niger State) has been appointed as the new Director-General in the National Biosafety Management Agency for an initial term of four years, effective from September 18, 2025.
Tinubu also appointed Hon. Barr. Aminu Junaidu (Zamfara State) as Chairman/ Chief Executive Officer of the Investment and Security Tribunal for a five-year term, effective September 18, 2025.
Olayiwola Nurudeen Awakan has been appointed as Director-General of the Nigerian Tourism Development Corporation for an initial four-year term, effective September 2, 2025.
With these appointments, President Tinubu is seeking to strengthen key sectors and institutions in Nigeria.
Tinubu has tasked the appointees to contribute their expertise in the development of the agencies for the good of the nation.
Galatasaray Troll Liverpool After Osimhen-Inspired Champions League Win
Galatasaray trolled Premier League giants Liverpool after the Turkish giants secured a 1-0 win in Tuesday’s UEFA Champions League matchday 2 encounter. Nigeria international Victor Osimhen was the hero for Galatasaray after netting the only goal of the match from the penalty spot on 16 minutes. Osimhen’s goal means he is now the first Nigerian […] The post Galatasaray Troll Liverpool After Osimhen-Inspired Champions League Win appeared first on Complete Sports.
Concerns as bandits continue to unleash terror on security operatives
Security operatives in Nigeria have come under several attacks by criminal elements in the past few weeks, leading to the killing of scores of them. DAILY POST reports within September alone, over 50 security operatives were killed in different attacks across the country. While officers of the Nigerian Security and Civil Defence Corps, NSCDC, vigilantes,
Concerns as bandits continue to unleash terror on security operatives
Security operatives in Nigeria have come under several attacks by criminal elements in the past few weeks, leading to the killing of scores of them.
DAILY POST reports within September alone, over 50 security operatives were killed in different attacks across the country.
While officers of the Nigerian Security and Civil Defence Corps, NSCDC, vigilantes, members of the Civilian Joint Task Force, JTF and state community watch groups are affected, personnel of the Nigeria Police Force and the Nigerian Army are the worst hit.
Most of the killings in several states are even underreported.
The recent incidents in Benue, Kogi, Edo and Zamfara State are more worrisome.
On Friday, September 19, armed men suspected to be Fulani herdsmen and local militias attacked security operatives at the Agu Center, Katsina-Ala Local Government Area of Benue State and murdered at least 11 security operatives.
The daredevil bandits had targeted a joint security team comprising police officers and operatives of the Benue State Community Volunteer Guards, locally known as Anyam Nyor, during a clearance operation near the state border.
DAILY POST gathered from security sources that the bloodthirsty bandits allegedly worked with an informant within the security team, leading to the deadly ambush.
The latest attack brought the total number of security personnel killed in the state within the last 12 months to over 80.
Recall that prior to the Agu attack, Governor Hyacinth Alia had on September 5 confirmed that no fewer than 76 security personnel lost their lives in the state while discharging their duties “in the last year”.
Barely three days after the Benue incident, gunmen struck in Yagba East and Lokoja local government areas of Kogi State, killing a total of five police officers in separate attacks.
Two weeks before the attack, about three officers were gunned down on September 10, by yet-to-be-identified gunmen, also in Egbe, a town sharing a boundary with Kwara State.
The same day some terrorists ambushed soldiers while on patrol in Gusau, Zamfara State and killed at least five personnel.
In another tragic incident that occurred on September 18, at least two soldiers were killed after terrorists raided military barracks at Banki in Bama Local Government Area of Borni State.
Recall also that gunmen suspected to be kidnappers on September 5, killed eight personnel of the NSCDC attached to the BUA Cement Factory located in Okpella, Etsako East Local Government Area of Edo State.
Another personnel of the corps was also killed on September 15, when bandits ambushed operatives of the NSCDC along the Yantumaki–Danmusa Road at Dafa village, Katsina State.
Last year, it was reported that about 229 personnel of the Nigeria Police Force were murdered by the trouble makers between January 2023 and October 2024.
The ugly trend has raised concerns not just among the security agencies but also stakeholders, who are eager to see the end of the wanton killings going on across the country.
In a chat with DAILY POST, a security expert, Mr Abayomi Oyelade urged the security agencies to “start the fight from within”, stating that the evildoers may have infiltrated the agencies.
According to Abayomi, “you can’t be fighting your enemies and succeed when the people around you are collaborating with those you are fighting.
“There have been reports where operatives plan to attack either bandits or terrorists in their hideouts but before you know what is happening, the bad eggs among them leaked the information to the bad boys. This is the major issue and the reason this security crisis may persist.
“People are too greedy. How do you sell your colleague to your common enemy and you are enjoying the money even with the guilty conscience?
“The military and the police have been infiltrated since and they know this fact.
“You hear some ex-military men accusing even commanders of collaborating with the bandits all because of money. We are our own problem. Why will the insecurity end when many people are benefiting? But that’s blood money.
“We have been saying this. When you identify their hideouts, work with the telecommunication industry, make sure there is no cell phone service in that area until after the operation. It is a simple thing but are you ready?
“Let’s take for instance, through credible intelligence, you have established that there are bandits around the monkey village in Ushafa, inform Glo, MTN and other telecom companies about the planned operation.
“They know how to switch off the network from the area until the operations are carried out. Once you cripple their ability to communicate, you have defeated them.”
Similarly, Comrade Jare Ajayi, the National Publicity Secretary of the pan-Yoruba socio-political organization, Afenifere, said that “while both kinetic and non-kinetic strategies are employed to combat banditry and terrorism, community leaders, politicians and the locals should identify and check internal saboteurs and those who are collaborating with criminals.”
He called on the Federal Government to ensure that modern technology equipment was procured and appropriately deployed to end the security crisis.
Ajayi identified some of the needed equipment as drones, close circuit cameras, among others.
He added that security personnel should also be motivated and encouraged.
Concerns as bandits continue to unleash terror on security operatives