Connect with us

National

Full Text of President Tinubu’s Speech on Ongoing Protests

My fellow Nigerians,

I speak to you today with a heavy heart and a sense of responsibility, aware of the turmoil and violent protests unleashed in some of our states.

Notably among the protesters were young Nigerians who desired a better and more progressive country where their dreams, hopes, and personal aspirations would be fulfilled.

I am especially pained by the loss of lives in Borno, Jigawa, Kano, Kaduna and other states, the destruction of public facilities in some states, and the wanton looting of supermarkets and shops, contrary to the promise of protest organisers that the protest would be peaceful across the country. The destruction of properties sets us back as a nation, as scarce resources will be again used to restore them.

I commiserate with the families and relations of those who have died in the protests. We must stop further bloodshed, violence and destruction.

As President of this country, I must ensure public order. In line with my constitutional oath to protect the lives and property of every citizen, our government will not stand idly by and allow a few with a clear political agenda to tear this nation apart.

Under the circumstances, I hereby enjoin protesters and the organisers to suspend any further protest and create room for dialogue, which I have always acceded to at the slightest opportunity. Nigeria requires all hands on deck and needs us all – regardless of age, party, tribe, religion or other divides, to work together in reshaping our destiny as a nation. To those who have taken undue advantage of this situation to threaten any section of this country, be warned: The law will catch up with you. There is no place for ethnic bigotry or such threats in the Nigeria we seek to build.

Our democracy progresses when the constitutional rights of every Nigerian are respected and protected. Our law enforcement agencies should continue to ensure the full protection of lives and properties of innocent citizens in a responsible manner.

My vision for our country is one of a just and prosperous nation where each person may enjoy the peace, freedom, and meaningful livelihood that only democratic good governance can provide – one that is open, transparent and accountable to the Nigerian people.

For decades, our economy has remained anaemic and taken a dip because of many misalignments that have stunted our growth. Just over a year ago, our dear country, Nigeria, reached a point where we couldn’t afford to continue the use of temporary solutions to solve long-term problems for the sake of now and our unborn generations. I therefore took the painful yet necessary decision to remove fuel subsidies and abolish multiple foreign exchange systems which had constituted a noose around the economic jugular of our Nation and impeded our economic development and progress.

These actions blocked the greed and the profits that smugglers and rent-seekers made. They also blocked the undue subsidies we had extended to our neighbouring countries to the detriment of our people, rendering our economy prostrate. These decisions I made were necessary if we must reverse the decades of economic mismanagement that didn’t serve us well. Yes, I agree, the buck stops on my table. But I can assure you that I am focused fully on delivering the governance to the people – good governance for that matter.

In the past 14 months, our government has made significant strides in rebuilding the foundation of our economy to carry us into a future of plenty and abundance. On the fiscal side, aggregate government revenues have more than doubled, hitting over 9.1 trillion Naira in the first half of 2024 compared to the first half of 2023 due to our efforts at blocking leakages, introducing automation, and mobilising funding creatively without additional burden on the people. Productivity is gradually increasing in the non-oil sector, reaching new levels and taking advantage of the opportunities in the current economic ambience

My dear brothers and sisters, we have come this far. Coming from a place where our country spent 97% of all our revenue on debt service; we have been able to reduce that to 68% in the last 13 months. We have also cleared legitimate outstanding foreign exchange obligations of about $5billion without any adverse impact on our programmes.

This has given us more financial freedom and the room to spend more money on you, our citizens, to fund essential social services like education and healthcare. It has also led to our State, and Local Governments receiving the highest allocations ever in our country’s history from the Federation Account.

We have also embarked on major infrastructure projects across the country. We are working to complete inherited projects critical to our economic prosperity, including roads, bridges, railways, power, and oil and gas developments. Notably, the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway projects will open up 16 connecting states, creating thousands of jobs and boosting economic output through trade, tourism and cultural integration

Our once-declining oil and gas industry is experiencing a resurgence on the back of the reforms I announced in May 2024 to address the gaps in the Petroleum Industry Act. Last month, we increased our oil production to 1.61million barrels per day, and our gas assets are receiving the attention they deserve. Investors are coming back, and we have already seen two Foreign Direct Investments signed of over half a billion dollars since then.

Fellow Nigerians, we are a country blessed with both oil and gas resources, but we met a country that had been dependent solely on oil-based petrol, neglecting its gas resources to power the economy. We were also using our hard-earned foreign exchange to pay for, and subsidise its use. To address this, we immediately launched our Compressed Natural Gas Initiative (CNG) to power our transportation economy and bring costs down. This will save over two trillion Naira a month, being used to import PMS and AGO and free up our resources for more investment in healthcare and education.

To this end, we will be distributing a million kits of extremely low or no cost to commercial vehicles that transport people and goods and who currently consume 80% of the imported PMS and AGO.

We have started the distribution of conversion kits and setting up of conversion centres across the country in conjunction with the private sector. We believe that this CNG initiative will reduce transportation costs by approximately 60 per cent and help to curb inflation.

Our administration has shown its commitment to the youth by setting up the student loan scheme. To date, 45.6billion Naira has already been processed for payment to students and their respective institutions

I encourage more of our vibrant youth population to take advantage of this opportunity. We established the Consumer Credit Corporation with over N200billion to help Nigerians to acquire essential products without the need for immediate cash payments, making life easier for millions of households. This will consequently reduce corruption and eliminate cash and opaque transactions. This week, I ordered the release of an additional N50billion Naira each for NELFUND – the student loan, and Credit Corporation from the proceeds of crime recovered by the EFCC

Additionally, we have secured $620million under the Digital and Creative Enterprises (IDiCE) – a programme to empower our young people, creating millions of IT and technical jobs that will make them globally competitive. These programmes include the 3Million Technical Talents scheme. Unfortunately, one of the digital centres was vandalised during the protests in Kano. What a shame!

In addition, we have introduced the Skill-Up Artisans Programme (SUPA); the Nigerian Youth Academy (NIYA); and the National Youth Talent Export Programme (NATEP).

Also, more than N570 billion has been released to the 36 states to expand livelihood support to their citizens, while 600,000 nano-businesses have benefitted from our nano-grants. An additional 400,000 more nano-businesses are expected to benefit.

Furthermore, 75,000 beneficiaries have been processed to receive our N1million Micro and Small Business single-digit interest loans, starting this month. We have also built 10 MSME hubs within the past year, created 240,000 jobs through them and 5 more hubs are in progress which will be ready by October this year.

Payments of N1billion each are also being made to large manufacturers under our single-digit loans to boost manufacturing output and stimulate growth.

I signed the National Minimum Wage into law last week, and the lowest-earning workers will now earn at least N70,000 a month.

Six months ago in Karsana, Abuja, I inaugurated the first phase of our ambitious housing initiative, the Renewed Hope City and Estate. This project is the first of six we have planned across the nation’s geopolitical zones. Each of these cities will include a minimum of 1,000 housing units, with Karsana itself set to deliver 3,212 units

In addition to these city projects, we are also launching the Renewed Hope Estates in every state, each comprising 500 housing units. Our goal is to complete a total of 100,000 housing units over the next three years. This initiative is not only about providing homes but also about creating thousands of jobs across the nation as well as stimulating economic growth.

We are providing incentives to farmers to increase food production at affordable prices. I have directed that tariffs and other import duties should be removed on rice, wheat, maize, sorghum, drugs, and other pharmaceutical and medical supplies for the next 6 months, in the first instance, to help drive down the prices.

I have been meeting with our Governors and key Ministers to accelerate food production. We have distributed fertilisers. Our target is to cultivate more than 10 million hectares of land to grow what we eat. The Federal Government will provide all necessary incentives for this initiative, whilst the states provide the land, which will put millions of our people to work and further increase food production. In the past few months, we have also ordered mechanized farming equipment such as tractors and planters, worth billions of Naira from the United States, Belarus, and Brazil. I can confirm to you that the equipment is on the way.

My dear Nigerians, especially our youth, I have heard you loud and clear. I understand the pain and frustration that drive these protests, and I want to assure you that our government is committed to listening and addressing the concerns of our citizens.

But we must not let violence and destruction tear our nation apart. We must work together to build a brighter future, where every Nigerian can live with dignity and prosperity.

The task before us is a collective one, and I am leading the charge as your President. A lot of work has gone into stabilising our economy and I must stay focused on ensuring that the benefits reach every single Nigerian as promised.

My administration is working very hard to improve and expand our national infrastructure and create more opportunities for our young people.

Let nobody misinform and miseducate you about your country or tell you that your government does not care about you. Although there have been many dashed hopes in the past, we are in a new era of Renewed Hope. We are working hard for you, and the results will soon be visible and concrete for everyone to see, feel, and enjoy.

Let us work together to build a brighter future for ourselves and for generations to come. Let us choose hope over fear, unity over division, and progress over stagnation. The economy is recovering; Please, don’t shut out its oxygen. Now that we have been enjoying democratic governance for 25 years, do not let the enemies of democracy use you to promote an unconstitutional agenda that will set us back on our democratic journey. FORWARD EVER, BACKWARD NEVER!

In conclusion, security operatives should continue to maintain peace, law, and order in our country following the necessary conventions on human rights, to which Nigeria is a signatory. The safety and security of all Nigerians are paramount.

Thank God — and Thank you for your attention, and may God continue to bless our great Nation. Thank you very much.

National

14 states to struggle if FAAC allocation stops 

The BudgIT Nigeria says 14 states will struggle if FAAC allocation stops

The BudgIT Nigeria has listed 14 states that will  struggle if the Federal Account Allocation Committee (FAAC) stops its payment.

According to a post on its official X account on Thursday afternoon, the BudgIT Nigeria said such states will find it difficult to exist.

“Hello Nigerians, here are 14 states that will STRUGGLE if FAAC allocation stops coming in today!,” it wrote.

“If FAAC disappears today, these states will struggle to pay salaries, pension and gratuity. This is because they rely on FAAC for at least 70% of their total revenue.”

1. Bayelsa – 92.17%

2. Akwa Ibom – 86.29%

3. Delta – 83.88%

4. Taraba – 81.89%

5. Niger – 80.19%

6. Benue – 79.85%

7. Anambra – 76.94%

8. Bauchi – 75.33%

9. Cross River – 74.87%

10. Nasarawa – 74.55%

11. ⁠Gombe – 72.29%

12. Enugu – 70.68%

13. ⁠Edo – 70.24%

14. ⁠Kano – 70.24%

“Is your state among this list? Can your state still function if FAAC allocation is removed from its total revenue?,” the BudgIT Nigeria asked.

Continue Reading

National

Amnesty International urges Nigeria to enact anti-mob violence laws

Amnesty International is calling on the Federal Government of Nigeria to take action against mob violence by enacting anti-mob violence laws.

The human rights organisation’s Country Director, Isa Sanusi, made this plea in their report, “Instantly Killed: How Law Enforcement Failures Exacerbate Nigeria’s Wave of Mob Violence,” presented on Monday in Abuja.

Sanusi emphasised the need for these laws to combat the growing trend of jungle justice in Nigeria.

According to Amnesty International, between January 2012 and August 2023, at least 555 people fell victim to mob violence in 363 documented incidents, character1sed by killings, torture, and other forms of ill-treatment.

“Mob violence has spread with impunity in Nigeria over the past decade.

“The surge in mob violence, including against women and children, has sparked nationwide calls for justice from victims, their families, and human rights advocates.

“Law enforcement failures have exacerbated the problem, highlighting the need for effective legislation.”

“To address this issue, Amnesty International recommends that the Nigerian government should take concrete steps to prevent mob violence, protect victims, and hold perpetrators accountable.”

He said addressing this includes enforcing existing laws, providing training for law enforcement, and promoting community-based initiatives to prevent violence

Continue Reading

National

Nigerians rejected your ideas in 2023 election; Presidency tells Atiku

The Presidency has hit back at former Vice President Atiku Abubakar following his criticism of President Bola Tinubu’s economic reforms.

The clash began after Atiku, in a statement on x, outlined what he claimed would have been a more effective approach to tackling Nigeria’s economic challenges.

Atiku criticised Tinubu’s handling of key reforms, including the removal of fuel subsidies, and proposed a slower, more cautious rollout of economic policies.

He argued that his administration would have been more empathetic and better prepared to handle the fallout of such reforms.

“I am not the president, Tinubu is. The focus should be on him and not on me or any other. I believe that such inquiries distract from the critical questions of what President Bola Tinubu needs to do to save Nigerians from the excruciating pains arising from his trial-and-error economic policies,” he wrote.

Responding to this, Presidency, through the presidential spokesperson, Bayo Onanuga, said Atiku “tried to discredit President Tinubu’s economic reform programmes” while pushing his untested agenda as a better alternative.

The Presidency added that Nigerians rejected Atiku’s ideas in the 2023 election, claiming they his proposals lacked substance.

“First, Alhaji Atiku’s ideas, which lacked details, were rejected by Nigerians in the 2023 poll,” Onanuga said.

The Presidency also claimed that if Atiku had been elected, his administration would have been riddled with corruption, citing Atiku’s alleged plans to sell key national assets to close associates.

“If he had won the election, we believe he would have plunged Nigeria into a worse situation or run a regime of cronyism,”

“Abubakar lost the election partly because he vowed to sell the NNPC and other assets to his friends.”

The Presidency’s statement also took aim at Atiku’s tenure as vice president from 1999 to 2003 under President Olusegun Obasanjo, accusing him of overseeing a “questionable privatization programme”

“He (Atiku) and his boss (Obasanjo) demonstrated a lack of faith in our educational system and both went to establish their universities while they allowed ours to flounder,” he added.

“Talk is cheap. It is easy to pontificate and deride a rival’s programmes even when there are irrefutable indices that the economic reforms yield positives despite the temporary difficulties.”

The Presidency also noted that despite Atiku’s futile attempt to hoodwink Nigerians again in his statement that “it is gratifying that the former VP could not repudiate the economic reforms pursued by the Tinubu administration because they are the right things to do.”

The presidency, however, defended Tinubu’s economic reforms, stating the president “met a country facing several grave challenges” with “fuel subsidies were syphoning away enormous resources” that it could not afford, as well as the “criminal arbitrage in the forex market.”

It stated, “No leader worth his name will allow these two economic disorders to persist without moving to end them surgically.”

The Presidency also dismissed Atiku’s call for a “gradualist approach,” stating that it “only showed that he (Atiku) was not in tune with the enormity of problems inherited by President Tinubu.”

“It is so easy to paint a flowery to-do list. It is expected of an election loser,” the presidency added.

“While advocating for gradual reforms may sound appealing, Tinubu took measures that should have been taken decades ago by Alhaji Abubakar and his boss when they had the opportunity.

“Alhaji Abubakar calls for empathy and a human face to reforms. We have no problem with this as it resonates well with our administration’s focus. President Tinubu has consistently emphasised the need for compassion and protection of the most vulnerable.

“The administration has prioritised social safety nets and targeted support for those affected by recent economic transitions.”

Continue Reading

National

Tinubu to swear in seven new ministers on Monday—Presidency

Barring any last-minute changes, President Bola Tinubu is set to swear in seven new ministers tomorrow (Monday), marking a significant development in his administration’s restructuring efforts.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this on his verified X handle on Sunday.

The new ministers, who were cleared by the Senate last week, will assume critical roles in various sectors under the President Tinubu-led administration after their inauguration.

The newly appointed ministers include Dr. Nentawe Yilwatda as Minister of Humanitarian Affairs and Poverty Reduction, Muhammadu Maigari Dingyadi as Minister of Labour and Employment, and Bianca Odinaka Odumegwu-Ojukwu as Minister of State for Foreign Affairs.

Other appointees are Dr. Jumoke Oduwole as Minister of Industry, Trade and Investment (Trade and Investment), Idi Mukhtar Maiha as Minister of Livestock Development, Yusuf Abdullahi Ata as Minister of State for Housing and Urban Development, and Dr. Suwaiba Said Ahmad as Minister of State for Education.

“President Bola Ahmed Tinubu will swear in the new seven ministers tomorrow Monday. The Ministers are: Dr Nentawe Yilwatda – Minister of Humanitarian Affairs and Poverty Reduction; Muhammadu Maigari Dingyadi – Minister of Labour & Employment; Bianca Odinaka Odumegwu-Ojukwu – Minister of State Foreign Affairs.

“Others are Dr Jumoke Oduwole – Minister of Industry, Trade and Investment (Trade and Investment), Idi Mukhtar Maiha – Minister of Livestock Development; Yusuf Abdullahi Ata – Minister of State, Housing and Urban Development and Dr Suwaiba Said Ahmad – Minister of State Education.

“The Senate cleared the ministers last week.”

This cabinet reshuffle comes amids months of growing calls from Nigerians for change and the need to put energy into the government.

President Tinubu’s administration has been working to address the country’s challenges, and these new appointments, according to Presidency officials, are expected to bring fresh perspectives and expertise to their respective ministries.

Continue Reading

National

Sanwo-Olu sues EFCC over alleged planned arrest, prosecution

Lagos State Governor, Babajide Sanwo-Olu, has sued the Economic and Financial Crimes Commission (EFCC) over an alleged threat to arrest, detain and prosecute him after his tenure as governor.

Sanwo-Olu, through his lawyer, Darlington Ozurumba, filed the fundamental right enforcement suit before Justice Joyce Abdulmalik of a Federal High Court in Abuja.

When the matter was called for mention on Tuesday, Ozurumba informed the court that he had withdrawn the earlier originating summons filed and replaced it with a new one.

The lawyer said the anti-graft agency had been duly served with the latest court documents.

However, EFCC’s counsel, Hadiza Afegbua, said she was yet to see the documents.

Besides, the proof of service of the processes was not in the court file and Justice Abdulmalik adjourned the matter until Nov. 11 for further mention.

The News Agency of Nigeria (NAN) reports that in the originating summons, marked: FHC/ABJ/CS/773/2024 dated and filed on June 6, the governor raised seven questions and sought 11 reliefs.

Sanwo-Olu sought a declaration that under and by virtue of the provisions of Section 37 of the 1999 Constitution, “the plaintiff, as a citizen of Nigeria, is entitled to right to private and family life as a minimum guarantee encapsulated under the Constitution of the Republic of Nigeria, 1999 before, during and after occupation of public office created by the Constitution.”

He wants the court to declare that under and by virtue of the provisions of Sections 43 and 44(1) of the 1999 Constitution, he is entitled to acquire, own, operate and manage both moveable and immovable property.

This, he said, include bank accounts, as a minimum guarantee encapsulated under the constitution either before, during and after leaving public office of governor of a state.

He also wants the court to declare that upon community reading of the provisions of Sections 35(1) & (4) and 41(1) of the constitution, the threat of his investigation, arrest and detention by the EFCC  during his tenure of office as governor is illegal.

 He also said that the plan to arrest him was unconstitutional and a flagrant violation of his fundamental right to personal liberty and freedom of movement as guaranteed under Sections 35(1) & (4) and 41(1) of the Constitution of the federal Republic of Nigeria, 1999 ( as amended).

The governor prayed the court to declare that the incessant harassment, threat of arrest and detention, against him upon the EFCC’s instigation by his political adversaries based on false and politically motivated allegation of corruption is a misuse of executive powers and abuse of public office.

He further wants the court to declare it as an unwarranted Interference with his fundamental right to personal liberty, freedom of movement, fair hearing and equal protection of the law as guaranteed by the constitution and the Africa Charter on Human & Peoples’ Rights, CAP A9 LFN 2004.

Sanwo-Olu, therefore, sought an order restraining the EFCC from harassing, intimidating, arresting, detaining, interrogating or prosecuting him in connection with his tenure as the governor of Lagos State.

He also prayed the court to make an order prohibiting and restraining the commission “from seizing the properties, the international passport and travel documents of the plaintiff or freezing the bank accounts of the plaintiff, his family members or in any other way to further breach the plaintiff’s fundamental rights guaranteed under the Constitution.”

He urged the court to make an order restraining the EFCC from inviting, arresting or detaining him in connection with his tenure as governor of the state or breach his fundamental rights to personal liberty, fair hearing, private and family life, freedom of movement, acquisition of moveable and immoveable property as enshrined in the laws

In the affidavit in support of the originating summons deposed to by Martha Kanu, a litigation secretary in the law firm, the lawyer said she was informed the facts by the governor at a tele-conference meeting which she believed to be true.

She alleged that as a way of getting at the governor, the EFCC was now making surreptitious plan to arrest some of his aides and family members based on the false and spurious allegations of diversion of funds.

She said the officials of the commission were now mounting pressure on some of the aides of the governor to come and make incriminating statements against him.

Besides, Kanu alleged that the anti-graft agency was also threatening to go after some contractors handling projects for the state government.

He said the agency was compelling them to come and make statements to implicate Sanwo-Olu of corruption as part of the orchestrated contrivance to build up a trump up case against him.

According to her, in a malicious attempt to get at the plaintiff, some of the plaintiff’s political adversaries in conjunction with some of the officials of the defendant are falsely ascribing to his administration of corrupt practices which are none existent.

She alleged that the EFCC, through some of its officials, were desperately inventing false, spurious and malicious allegations against the governor in order to use same as a basis for investigating, arresting and prosecuting him after leaving office as governor.

NAN reports that Sanwo-Olu was sworn in as the Governor of Lagos State on May 29, 2019 and was re-elected and sworn in again for a second term on May 29, 2023

Continue Reading

National

Why Police Can’t Help EFCC To Arrest Yahaya Bello — Onanuga 

Presidential spokesman Bayo Onanuga says security agencies have not been able to arrest embattled former Kogi State Governor Yahaya Bello because of the “complicated” nature of the case.

Onanuga was a guest on the Sunday edition of Inside Sources with Laolu Akande, a socio-economic programme aired on Channels Television.

In April, the Economic and Financial Crimes Commission (EFCC) declared Bello, who was Kogi governor from May 2015 to May 2023, wanted for alleged financial crime to the tune of N80.2 billion.

The EFCC had at various times, stormed Bello’s residence in an attempt to arrest the former governor but his successor, Usman Ododo, had come to his rescue, whisking him away to his lodge.

The matter has been in court but the former governor has not appeared before the trial judge despite many adjournments.

Asked why police authorities can’t order orderlies attached to Ododo to arrest Bello, Onanuga said, “I think it’s a bit complicated. The EFCC is an agency of the Federal Government, and it wants to arrest Yahaya Bello. Yahaya Bello is hiding under the agbada (flowing robe) of the governor of Kogi State, his (Bello’s) successor, who happens to enjoy immunity.

“That’s the problem because if he (Bello) stays inside Governor Ododo’s house, the police cannot do anything because they will be violating that immunity that the man enjoys.

“It’s like a diplomat enjoying certain immunity, you cannot do anything about it. You remember in the UK when they were looking for the Wikileaks man and he went to hide in one embassy in Britain, there was nothing they (security agents) could do, they left him there. I think he later came out and they arrested him.

“It’s the same thing. Ododo enjoys immunity. Yahaya Bello is believed to be hiding there. They cannot storm the place and say they want to arrest him. That’s the problem of the EFCC, and the police cannot help the EFCC.”

Continue Reading

Trending