Tag: Democracy Day

  • Naira dips after sallah, democracy breaks

    Naira dips after sallah, democracy breaks

    The Naira ended the trading week on a bearish note Friday, closing at N1,549.35 to the U.S. Dollar at the official market.

    Data from the Central Bank of Nigeria’s website showed that the local currency lost N9.62k against the Dollar.

    This marks a 0.6 per cent loss compared to the N1,539.72 per Dollar recorded on Wednesday, June 11, before the Democracy Day break.

    The Naira, which had seen relative stability since December 2024, showed signs of fluctuation during this week’s trading session.

    The Sallah holiday began on Friday, June 6, and was extended to Monday, June 9.

    Following the holiday, the FX market opened on Tuesday and Wednesday before closing again for the June 12 Democracy Day holiday.

    On Tuesday, the Naira traded at N1,540.04, representing a 0.8 per cent gain from N1,553.11, the closing rate on Thursday, June 5.

  • June 12: Tinubu carries Abiola’s democratic torch – VP Shettima

    June 12: Tinubu carries Abiola’s democratic torch – VP Shettima

    Vice-President Kashim Shettima says history has returned the baton of democratic struggle to late Moshood Abiola’s trusted ally, President Bola Tinubu, decades after June 12.

    Representing President Tinubu, Shettima stated this on Thursday at the Democracy Day lecture held at the Presidential Villa, Abuja, marking Nigeria’s 26th anniversary of democracy.

    He described the late Abiola as a patriot who gave everything for Nigeria, saying Abiola’s sacrifice became the guiding light of the country’s democratic journey.

    The Vice-President noted that hope remains an enduring part of Abiola’s legacy, a flame that could neither be extinguished nor ignored in history’s account.

    He added that belief in Abiola’s vision has renewed national hope in what he described as the great theatre of providence.

    According to him, Abiola’s dream did not die in vain but became a national covenant and enduring resolve among Nigerians.

    “Abiola’s dream inspired Nigerians to uphold what is right, defend electoral choice, and honour the sacrifices that built the roots of our democracy.

    “This faith in Abiola’s promise has renewed hope for Nigeria. In the great theatre of providence, history returns the baton to Abiola’s ally in democracy’s struggle —President Tinubu.

    “The ticket once denied Nigerians — the Abiola-Kingibe ticket — finds reflection and vindication in Tinubu’s leadership, mirroring its spirit and conviction.

    “Tinubu, a leader who has preserved democracy’s flame through years of fire and storm. I’m honoured to share the weight of this history and the depth of its memory,” Shettima said.

    He said Nigeria stands today on sacrifices of unsung heroes—those who gave up comfort, freedom, and life for democratic values.

    “Nigerians, including myself, remain thankful to serve in a government that listens to all voices.

    “There is no doubt Tinubu honours that covenant — reaching across divides to build a nation for all,” Shettima noted.

    He said Abiola’s life shows that democracy’s burden is not a lone man’s task but a shared national responsibility.

    He urged Nigerians to unite and guard democracy as a fortress that no force of anarchy can breach—even in thought.

    Shettima called for strong support for Tinubu’s Renewed Hope Agenda across the nation.

    “Each of us has a sacred duty to support the President in renewing hope, deepening democracy, and institutionalising governance,” he said.

    Earlier, Secretary to the Government, Sen. George Akume, recognised heroes of Nigeria’s democratic struggle.

    He praised their lasting legacies, democratic contributions, and efforts to reshape the national economy.

    He encouraged stakeholders to embrace democratic ideals by supporting Tinubu’s efforts towards peace, growth, and prosperity.

    Delivering the keynote, Prof. Samuel Egwu said the core of democracy globally is sustained commitment.

    He noted that democracy’s full benefits in Nigeria require consistent commitment by citizens and leaders alike.

    Egwu added that deepening 26 years of democracy demands officeholders prioritise citizens’ welfare over personal interest.

    Cameroon’s High Commissioner, Mr Salaheddine Ibrahim, praised Nigeria’s unity in spite of its challenges.

    He urged leaders and citizens to remain resolute in preserving democracy in Nigeria.

    Gov. Hope Uzodinma of Imo said recognising June 12 as Democracy Day reflects national will and sacrifice.

    He emphasised that democracy thrives not on rituals, but on collective effort, resilience, and continued participation.

    The event also featured the unveiling of three books: ‘Tinubunomics’, ‘Leading With Courage’, and ‘Turning Challenges into Opportunities’.

  • Scholars speak on June 12, offer advice for progress

    Scholars speak on June 12, offer advice for progress

    Some scholars on Thursday said that Nigeria’s democracy required serious attention to give hope and bring dividends to the common man.

    The dons spoke  at the 25th Edition of the Oodua People’s Congress (OPC) June 12 Lecture in Lagos.

    The lecture was titled ” June 12 as a Catalyst for National Development: True Federalism and Nigeria’s Integration”.

    Speaking, Prof. Femi Otubanjo of the Nigerian Institute of International Affairs, who commended the OPC community for sustaining the memory of June 12, said that the election  was a manifestation of imperfections of Nigeria’s federation.

    Otubanjo, who noted that democracy should serve the people and help the people out of their problems, said that much had not been achieved in the country.

    “We are in a union in which we do not all share the same values. A significant part of Nigeria wants to move with time while another significant part wants to remain where they are always being.

    “The result of this is that 65 years after independence, what we have had is motion without movement.

    “We have to change our democracy. We have to change our demography. We have to improve our federation system,” Otubanjo said.

    Otubanjo said that Nigeria must continue rotation of presidential office between the north and south to achieve some measure of stability.

    “Rotation is supposed to be a stabilising factor in which every region knows that sooner or later, it will have the opportunity to occupy the office of the president,” he said.

    The don said that the desperation of some politicians to return power to the north in 2027 would constitute an affront on that principle of rotation.

    “More importantly, it will be an assault on the peace, equity and unity of Nigeria. We ought to know that rotation gives some sense of stability.

    “Nigeria is a work in progress, I don’t know when we are going to get there We need to put in our constitution a principle of referendum that will enable us to vote on restructuring and such other governmental change,” Otubanjo said.

    Also speaking, Prof. Femi Obayori of the Lagos State University, said that June 12 was a struggle of resistance against exploitation, oppression and injustice, watered by the blood of ordinary Nigerians.

    Obayori, who noted that June 12 was a struggle for better Nigeria, said: “Expectations were that transition to civil rule in 1999 will end most Nigeria’s problems .

    “What we have is not a federation. Nigeria must become a true federation, with a government that takes into cognisant of our ethic peculiarities and goals as a people to move forward,” he said.

    Advocating fiscal federalism, regionalism, state and local government police and other reforms, Obayori said that these would solve many of the challenges facing the country.

    He urged President Bola Tinubu not to pay lip service to the 2014 Constitutional Conference resolutions to bring peace and stability into the country.

    Also, Prof. Adebola Osipitan, of the Federal University of Agriculture, Abeokuta, Ogun, who noted that some people paid with their lives  for democracy, said  Nigerians were not enjoying the system fully yet.

    The Dean of the Faculty of Arts, University of Lagos (UNILAG), Prof. Akanbi Ilupeju, urged Nigerians not jettison election because of the mindset that votes would not count.

    Advocating for transparent electoral system, Ilupeju said, “Let us have the belief that our votes will count and participate in elections.”

    In his remark, Prof. Chiedozie Okoro, the Head of Department, Philosophy, University of Lagos, who noted that many African countries ,including Nigeria,were yet to have full attributes of working nations.

    Calling for true federalism and dismantling of colonial structures in the  Nigerian system, Okoro noted that June 12 remained an ideology.

    Also speaking,another scholar, Dr Rhoda Showunmi, said that the answer to Nigeria’s numerous challenges remained restructuring of the system.

    “We must not continue to travel on a road that we have seen will never take us to our destination,” she said.

    The event was attended by some rights activists and followers of late Chief MKO Abiola, leaders of thoughts and leaders of Southwest Security Outfit, codenamed Amotekun, among others.

  • June 12: Gani Adams, Falana, others call for true federalism, new constitution

    June 12: Gani Adams, Falana, others call for true federalism, new constitution

    Chief Gani Adams,National Co-ordinator of Oodua People’s Congress (OPC), a pan-Yoruba group, on Thursday called for true federalism in Nigeria to achieve  accelerated development of the country.

    Adams, the Aare Onakakanfo of Yorubaland, made the call while speaking at the 25th  OPC June 12 Lecture in Lagos.

    The lecture was  titled “June 12 as a Catalyst for National Development: True Federalism and Nigeria’s Integration.”

    Recalled that the June 12 presidential election which was won by late Chief M.K.O. Abiola, was annulled on June 23, 1993 by Gen. Ibrahim Babangida.

    Adams, also Convener, Oodua Progressive Union (OPU) Worldwide,said without  true federalism and proper restructuring ,it would be difficult for the country to take its rightful place in the comity of nations.

    While describing the June 12 ,1993  election  as a watershed in the  country’s political history, Adams  noted that 32 years down the line, Nigeria had not made desired progress owing to what he called absence of true federalism.

    According to him, to transform a country, the shape of the polity must change periodically.

    Adams said: “We are all gathered here today not only to honour the memory of Aare Abiola and others who died between 1993 and 1998, but to also tell ourselves some bitter truth.

    “Nigeria is going through various crises today because some leaders are stubbornly against restructuring.

    “In honour of Abiola and other martyrs, I want to say it pointedly that whether anybody likes it or not, this country will be restructured.

    “And the earlier this is done, the better for all of us because there is no way we can guarantee peace and security if this country is not restructured.

    “If this country is restructured in a way that every locality controls the instrumentality of security, backed by intelligence, the wanton killings of Nigerians will stop automatically.

    According to him, June 12 should be catalyst for national development, hence  need for political, economy, electoral and judiciary reforms, without delay, in honour of Abiola

    Decrying increasing insecurity, poverty and judicial compromise, Adams added: “We must wage intelligent war against kidnapping in cities, towns and villages and the time for that fight is now through restructuring.

    According to him, to honour Abiola, Nigeria’s electoral system must be restructured and decentralised.

    “Nigeria is destined to be great but if the attitude of leaders to restructuring and development is negative, Nigeria is going nowhere,” Adams added.

    Delivering the keynote address, Mr Femi Falana, a Senior Advocate of Nigeria and human rights lawyer, said that the 1999 constitution remained the major setback for the country.

    Falana, who was represented Mr Wale Adeoye, noted that June 12 meant a lot of things to a lot of people, but to the majority of Nigeria it was demonstration of courage, resilience and iron- cast determination of the people of Nigeria.

    “It means the ability of Nigerians to organise beyond their ethnic division, triumph of good over evil. It means if a system is bad, Nigerians can defeat that system. June 12 means life and death.

    Nothing that many pro-democracy individuals were shot dead by the enemies of democracy during the June 12 struggle, Falana commended Adams for giving his vigour and life for the actualisation of June 12.

    He said the 1999 constitution drafted by the military could not actualise the aspirations of  the Nigerian people in a democracy.

    “This  is a major setback for Nigeria and there is no way we can talk about stability, progress and development.”he said.

    On  poverty, insecurity bedeviling the Nigeria, Falana said that there was the need for Nigeria to answer the national question.

    Speaking, Dr Joe Okei-Odumakin, the President, Women Arise and Oluyinka Odumakin Foundation, said that June 12 symbolised ballot integrity and free choice .

    She said  the election was memorable as it was when Nigerians put aside primordial interests and voted across ethnic and religious lines.

    Okei-Odumakin, who highlighted electoral malpractice as one of the problems facing Nigeria, said that many leaders lacked legitimacy, hence could not inspire desired progress.

    The activist, while applauding leaders like Obafemi Awolowo, said, “if Abiola had been allowed to become the President, we would have had fiscal federalism, restructuring and other policies to end the groanings of ordinary Nigerians.

    “Honesty, if Abiola was the President of Nigeria, there would have been a pro -people constitution as against the decree branded as constitution for us by the military.”

    On integration, Okei-Odumakin who noted that Nigerians must agree to live together, called on President Bola Tinubu to make post humous declaration of MKO Abiola  as a past President of Nigeria

    Quoting her late husband and activist, Mr Yinka Odumakin, she said that the only vehicle for the revival of Nigeria was restructuring.

    “Our experience now is motion without movement. Our constitution has to be considered. Restructuring does not mean balkanisation  of the country. Our security architecture has to be restructured

    “People who paid the supreme price must not be allowed to die in vain.

    “As we force it down the throat of the government to accept June 12 as our Democracy Day and not May 29, we must retain our battle cry that Nigeria must be restructured,” she said.

    Also, Mr Debo Adeniran, the Executive Director, Centre for Anti Corruption and Open Leadership (CACOL) and National President, Committee for the Defence of Human Rights (CDHR) said June 12 should be renamed MKO Abiola Day rather than Democracy Day.

    Adeniran said that revisiting the foundation of Nigeria, the restructuring being advocated by many would not be sustainable.

    Speaking, President-General of Igbo Speaking Community, Chief Sunday Udeh said Nigeria still had a long way to go to in reaping from what democracy and Abiola stood and died for.

    Udeh said, “Igbo community aligns with the call for true federalism and restructuring, it is the way forward. It is not yet well with Nigeria. We must keep singing it until the right thing is done.”

    Also, Alhaji Kudu Abubakar, the Vice President, Arewa Youth Consultative Forum, who commended the Aare Ona Kakanfo for his clear vision and direction,urging President Bola Tinubu  not to forget what June 12 represents

    “Tinubu is our leader and we must speak the truth to him as one who was also in the June 12 struggle. Nigeria needs to move forward and we must continue to sing until it happens,” he said.

    The event was attended by some rights activists and followers of late Chief MKO Abiola, leaders of thoughts and leaders of Southwest Security Outfit, codename Amotekun ,among others.

  • Democracy Day: Take decisive action on power, mining sectors, Speaker Abbas appeals to President Tinubu

    Democracy Day: Take decisive action on power, mining sectors, Speaker Abbas appeals to President Tinubu

    …as NASS adopts motion on annual Democracy Day presidential address before Legislature

    …President decorates Senate President, Speaker with GCON Honour

    The Speaker of the House of Representatives Hon. Abbas Tajudeen, has called on President Bola Ahmed Tinubu, GCFR, to be decisive on the power sector. He also called for reforms in the mining sector, saying the House will commence a review of the Mining Act, 2007.

    Speaker Abbas made the call while presenting the closing remarks at the joint session for the Democracy Day ceremony held at the National Assembly on Thursday, where the President addressed Nigerians from the federal parliament.

    In the appeal, the Speaker urged President Tinubu to use the political will with which he removed subsidy on Premium Motor Spirit (petrol) and regularisation of the foreign exchange market.

    He said: “Mr. President, I would be remiss in my responsibility to you if I conclude my brief remarks without also offering some useful recommendations on the way forward. You have demonstrated remarkable resolve in removing the fuel subsidy and allowing the Naira to float. Now, we require an equally decisive intervention in our power sector.

    “While progress is evident, it is time to ‘wave your magic wand’ once more: to break the cycle of underperformance by shifting from an over-reliance on thermal and hydroelectricity to a diversified energy mix. We must embrace renewable and clean energy sources, such as solar, wind, and even nuclear, to ensure a reliable and sustainable national grid. If anyone can do this, Mr. President, IT IS YOU!”

    Speaker Abbas added: “Secondly, developing the solid minerals sector is essential for Nigeria’s economic diversification. While we have some existing geological data, it lacks the precision and quality needed to support large-scale exploration.

    “To complement executive actions, the House of Representatives will immediately commence an urgent review of the 2007 Mining Act to allow subnational entities to operate within the profitable limits of the law while enhancing oversight and mitigating security risks. If pursued with discipline and clarity, these reforms will position solid minerals as a strategic pillar of our national economy.”

    Speaker Abbas also noted that the ceremony marked 26 uninterrupted years of democracy and the second year anniversary of the 10th National Assembly.

    Over the past 26 years, he noted that the National Assembly has served as the guardian of our democratic institutions. “In 2006, we rejected the third-term bid; in 2010, we invoked the doctrine of necessity to ensure uninterrupted governance; and we have championed constitutional and electoral reforms,” he said.

    The Speaker also noted that within two years, the House reviewed 2,263 bills. Of these, 65.3 per cent have passed Second Reading, and 186 have been successfully passed, while a total of 51 bills have received presidential assent, “marking an unprecedented milestone for any President in his first two years.”

    Speaker Abbas also noted that the House has actively conducted oversight of executive agencies to ensure that laws are implemented and that development funds are allocated properly. “The House Public Accounts Committee has reported recoveries exceeding ₦61.5 billion in outstanding debts owed to the Federal Government by oil and gas companies,” he announced.

    Part of the civic engagements with stakeholders, he noted, include biannual Youth and Women’s Town Halls, an annual live televised citizens’ interactive session, and the annual House Open Week. He said, “We are excited to announce that the next Open Week is scheduled for July. Mr. President, we would be honoured if you could join us and officially declare the event open.”

    The Speaker stressed that the 10th House has proven to be a ‘House with a Human Face.’

    He said: “In March 2025, Members donated ₦705 million, equivalent to half their salaries over six months, to support the President’s relief programme for vulnerable Nigerians. The House also contributed ₦650 million to provide housing for the families of deceased members and former leaders.

    “Furthermore, individual members donated over ₦500 million to support communities in Kaduna, Enugu, Anambra, Oyo, Niger, Borno, Plateau, and the Federal Capital Territory, assisting displaced persons affected by banditry and communal violence.”

    He added: “Furthermore, as part of the Renewed Hope Agenda, the 10th House extended dedicated support to our traditional institutions, recognising their vital role in community leadership and cohesion. We provided 40 new vehicles to traditional rulers across six geopolitical zones to enhance community engagement.”

    As the lawmakers enter the second half of their term, Speaker Abbas said the House’ determination is unequivocal to expedite and finalise the constitutional amendment process by December 2025. He noted that some priority legislation include special reserved seats for women, formal constitutional roles for traditional rulers, and legal backing for a 35 per cent Affirmative-Action gender policy.

    “We appeal to the Chairmen of the Nigerian Governors’ Forum and the Progressive Governors’ Forum to advocate for these essential reforms at the state level,” he said.

    Meanwhile, the National Assembly, in a historic move at the joint session, passed a resolution urging the president to address Nigerians from the federal parliament every June 12 to mark the Democracy Day.

    The resolution followed the unanimous adoption of a motion moved by Speaker of Abbas in his closing remarks at the joint session.

    The National Assembly had invited President Tinubu to the ceremony. In recognition of the significance of the legislature to democracy, the President addressed Nigerians from a joint session of the National Assembly.

    The presidential state-of-the-nation address is usually broadcast from the Aso Rock Presidential Villa. President Tinubu was at the National Assembly on June 12, 2024, after he had addressed the nation from the Villa.

    However, following President Tinubu’s decision to address Nigerians through the parliament, Speaker Abbas moved that the ritual be institutionalised.

    “In conclusion, Mr. President, permit me one final, earnest appeal. Today’s ceremony has been truly magnificent, and you have achieved what past Assemblies could only dream of: an annual address by the President to a joint session of the National Assembly.

    “By accepting our invitation, you have made history. I respectfully urge that we now institutionalise this address as an annual event.

    “On behalf of the Senate and the House of Representatives, I thank you for choosing to celebrate this Democracy Day with us in this hallowed chamber,” the Speaker said.

    The President of the Senate, Senator Akpabio, GCON, then seconded the motion and put it to voice vote, which was unanimously adopted by the lawmakers at the joint session.

    President Tinubu, had earlier after his address, decorated the President of the Senate and the Speaker with the Grand Commander of the Order of the Niger (GCON) medal. The President had conferred the second-highest national honour on the two Presiding Officers last October.

    The President also conferred various national honours on different individuals, some of which were done posthumously.

  • June 12: Nigeria not justifiably a democratic country – Peter Obi

    June 12: Nigeria not justifiably a democratic country – Peter Obi

    Candidate of the Labour Party in the 2023 presidential election, Mr Peter Obi has said Nigeria cannot be justifiably classified as a democratic country, stressing that the vital indicators of democracy are noticeably absent and that some do not even exist.

    TheNewsGuru.com (TNG) reports Mr Obi stated this shortly after President Bola Tinubu in his address at a joint session of the National Assembly in Abuja on Thursday in commemoration of this year’s Democracy Day said there is no plan by his administration to turn Nigeria into one-party state..

    According to Tinubu, since 1999, democracy has risen from the ashes and destitution of military rule to freedom for the people today, while highlighting the progress made so far in Nigeria’s democratic journey.

    “Today, June 12, is slated as Democracy day. Most unfortunately, in our present state, our dear country Nigeria cannot be justifiably classified as a democratic country. The vital indicators of democracy are noticeably absent. Some do not even exist,” he stated.

    Obi’s Democracy Day 2025 speech titled “Democracy in Decline: Reflecting on Two Years of Present Government” reads in full below:

    Democracy is said to be ‘a government of the people, by the people, and for the people,’ yet none of these three measures exist in our democracy today. Rules, regulations and requirements to participate in elections or be elected for are not followed, consequently, individuals who are to be disqualified ab-initio are now holding public offices.

    As we mark June 12, a day symbolizing the struggle for true democracy in Nigeria, it is deeply troubling that under this present administration in a short span of two years, our nation has witnessed broad erosion of democratic principles. There has been a corresponding decline in security and the quality of life for millions of Nigerians. We have traversed from rigged elections to collapsing social services; from soaring poverty to rising corruption; and from a seemingly stable economy to a parlous economy.

    It is most troubling that in its two years in office, the present government has brought the nation to the point where our leaders now celebrate and endorse failure, lies, and propaganda. The government today, rather than show genuine accountability and measurable progress, focuses on manipulating narratives, gaslighting the public, shifting blame and weaponizing governance. Meanwhile, Nigerians live in a worsening and  worrisome insecurity, widespread corruption, hunger, and general despondence. There are no clear benchmarks for measuring tangible development, as we continue to witness the collapse of key indicators – like education, healthcare, and poverty alleviation- which are parameters  for measuring national progress.

    Simple comparisons of what has happened in the past two years, now  relies on propaganda and misinformation to mask the mis governance.

    Our country today can best be described as a nation declining fast in all its facets. The security of lives and property has worsened, and the  rule of law is virtually non-existent. These are the hard-verifiable facts:

    1. On May 29th, 2023, when this government was sworn into office,  Nigeria’s Gross Domestic Product (GDP) stood at $364 billion. As of  today, it has declined to $188 billion, a decline of almost fifty percent  (50%).

    2. Nigeria’s GDP per capita was $1,640 as of May 2023, but today it  has dropped drastically to about $835, a devastating decline of about 50%.

    3. Nigerians living in multi-dimensional poverty increased from 38.9% to 54% within this period, with about 129 million Nigerians now living below the poverty line. The World Bank reported recently, that 75% of Nigerians in the rural area now live in poverty as at 2025, and even more than previously recorded in the urban areas.

    4. Our education sector has deteriorated significantly. Today, more than 18.3 million Nigerian children are out of school, the highest number in the world. The quality of education in Nigeria is also fast deteriorating. Many of our children are being taught sciences without any science lab and computer studies without any computers. Students are now writing WAEC and other national exams in darkness relying on candles. There are now even glitches in their exams.

    5. Health services have worsened drastically. The National Primary Health Care Development Agency decried that less than 20% of over 30,000 Primary Healthcare Centers across the nation are fully functional.

    I have even recently visited some Health Centers where delivery rooms  were without toilets. The United Nation recently reported Nigeria as the  world’s worst country to give birth, with one death recorded every seven minutes.

    6. Nigerian businesses continue to collapse at alarming rates. Within the past two years, approximately 7 million Small and Medium Enterprises (SMEs) shut down and folded up across Nigeria. Over 80 manufacturing companies have permanently closed their operations.

    Funding costs cost of raw materials and energy costs have surged to an incredible level making these manufacturers shut down.Over 15 major multinationals (including GlaxoSmithKline, Diageo, Procter & Gamble, and Shoprite) have exited Nigeria due to the harsh operating environment

    7. Our hunger crisis arising from food insecurity has deepened in these 2 years. Based on the Global Hunger Index (GHI) reports, Nigeria’s hunger situation has taken a hit, as we are now one of the hungriest countries in the world.

    Millions can no longer afford food due to high costs of food and nonexistent disposable income.

    8. Our national population is experiencing a mental health crisis as the mental health and stress level within this period has increased drastically.

    Nigeria is now one of the top three (3) most stressed countries in the world. Fifty nine percent (59%) of Nigeria’s population are under daily stress. Mental health experts and advocates have warned the present situation in Nigeria is having extremely adverse effect on the population as it contributes to anger, anxiety, and depression levels in the country. The World Health Organization (WHO) estimates that over 20 million Nigerians are now affected by mental illness.

    9. Despite the trillions of naira purportedly saved from the removal of fuel subsidies (a policy initially justified as a means to curb borrowing), this government has, within two years, borrowed far more money than the administrations of President Umaru Yar’Adua, President Goodluck Jonathan, and President Muhammadu Buhari combined.

    Today, Nigeria’s overall public debt is estimated at close to ₦188 trillion. Nigerians were informed that these borrowed funds would be allocated to critical sectors of development. Still, there has been no significant improvement in education, healthcare, or poverty alleviation; critical sectors that are vitally important for national development.

    10. Brazen Corruption is at its worst under this administration. Nigeria has now become a crime scene. Now our national budget is routinely inflated and padded without consequences. One of the most glaring manifestations of this, is the extensive padding of the 2025 national budget. BudgIT revealed that about ₦7 trillion was questionably inserted by the National Assembly. These figures suggest a pattern of inflated  costs and misappropriation of funds.

    11. Power generation rate which the administration claimed to have increased is yet another propaganda. The only increases in power are the excessively high electricity tariffs being paid by Nigerians. The incessant blackout arising from multiple collapse of the national grid is a clear indication of the sorry state of our power and electricity industry.

    In 2022, the electricity tariff for Nigerian consumers averaged around  ₦64 per kilowatt-hour (kWh). By 2025, there has been a substantial  mark up in electricity tariffs, with Nigerians now paying approximately  ₦225 per kWh to be in darkness.

    What we have now is a more-traffic and more darkness situation for our citizens.

    Nigerians should not forget the promise of Mr. President while campaigning on 22nd December 2022: “If I Don’t Give You Constant Electricity in The Next 4 Years, Don’t Vote For Me For Second Term”.

    It’s been 2 years of grid collapses and constant darkness. This is already midterm of the administration. We look forward to when he will  fulfill this categorical promise.

    12. Unemployment remains alarmingly high in the country. Although  the government has attempted to manipulate the statistics to suit its  narrative, the reality is that unemployment is worsening, especially  amongst youths in their productive age. A majority of Nigerian youths  are “not in education, employment or training” (NEET)  category. Multiple reputable organizations, including the International Labour Organization (ILO) and the United Nations Development Programme (UNDP), have cautioned against reliance on the nations’ data, as they are inconsistent with the realities on ground.

    The ILO has noted that Nigeria’s youth unemployment and underemployment rates remain dangerously high. There are also concern on the government’s  reporting unemployment figures without addressing the underlying  employment challenges, as the revised figures do not reflect the true  hardship in the labour market of over forty percent (40%).

    Finally, I respectfully appeal to President Tinubu to emulate late President Umaru Yar’Adua who was honest enough to admit the process that brought him into office was wrong and not sufficiently credible and thus insisted on doing what is right to save our democracy. And similarly, President Goodluck Ebele Jonathan who saved our nascent democracy by accepting defeat even before the election results were announced. We must end this troubling governance era that is filled with impunity, state capture, and absolute disregard for the rule of law and the checks and balances required of any worthwhile democracy.

    Accordingly, this administration must:

    1. Start upholding the rule of law and ensure there is transparency and  real progress to the people. The President should stop touring outside  Nigeria and use his remaining 2 years to tour the Nigerian states instead.

    Mr. President you have already made over 30 international trips, spending nearly 150 days abroad. If you tour Nigeria’s 36 states and dedicates just 2 days to tour each state, it would take only 72 days for you to do, less than half the time you have already spent outside the country on foreign trips. You need to go around the country to see firsthand what the citizens you are serving are going through. Governing by remote control is not what Nigerians need.

    2. We must endeavour forthwith to end insecurity and resettle all  Nigerians living in Internally Displaced Persons (IDP) camps. It is unacceptable that millions of our fellow citizens remain displaced in their own homesteads and fatherland, while the rest of us live in comfort, and some, in opulence.

    3. Allow the national electoral body in the country to be truly  independent. The very agency that is supposed to serve as an independent electoral body for Nigeria elections has lost its neutrality and credibility and now operates as an extension of the APC government, thus undermining democracy, eroding public trust, and turning elections into orchestrated endorsements rather than credible contests.

    4. Aggressively tackle the economic problems by expanding agricultural  and manufacturing productivity, through measures that will secure our  farmers to go back to the farms and reduce production costs for manufacturers—in order to boost employment, which will, in turn, contribute to the nation’s growth and generate even more revenue for the government. This is a better approach than attempting to increase taxes in an unproductive economy, which will only lead to less growth.

    This is time to stop the propaganda and lies and let us make Nigeria the democratic nation that it supposed to be.

    I respectfully call on all Nigerians not to give up, but to put all hands on  deck. Now is the time to demand accountability, genuine leadership, and  a government that prioritizes the welfare, security and democracy of its people over empty rhetoric and propaganda.

    A New Nigeria is POssible. God bless the Federal Republic of Nigeria. -PO.

  • Tinubu corrects error in national honours award

    Tinubu corrects error in national honours award

    The Presidency has issued a corrigendum to correct an error in the award of national honours by President Bola Tinubu on Thursday.

    TheNewsGuru.com (TNG) reports Tinubu conferred national honours on some Nigerians he described as heroes of democracy during his address at the Joint Session of the National Assembly in commemoration of Democracy Day 2025.

    During the address, President Tinubu announced a list of pro-democracy activists and national figures to be honoured for their significant contributions to the restoration of democratic governance in Nigeria.

    However, under the posthumous award category, the names of Pa Reuben Fasoranti, the Afenifere leader, and Dr. Edwin Madunagu were incorrectly included.

    “Both distinguished individuals are very much alive and, therefore, should not have appeared in the posthumous category,” the presidency noted in the corrigendum issued by Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy.

    TNG reports Mr Onanuga himself was conferred with the national honour of CON along with the late Alhaja Kudirat Abiola, who was conferred a posthumous national honour of CFR.

    Describing Kudirat Abiola as the heroine of the June 12 struggle, Tinubu said: “Fellow compatriots, our achievements are not the work of one man. They are the result of a collective effort to make possible the Nigerian Dream. Yet, the journey is not over.

    “We must work even harder to translate broad macroeconomic gains into tangible improvements in the lives of ordinary Nigerians. We must stay the course, reject cynicism, and believe Nigeria can and will rise again.

    “As we mark a twenty-sixth year of unbroken democracy, it is right to honour those who have made sacrifices in the past, braving all the odds and the guns to ensure we have a regime of democracy in our country,” said the president.

    The president also conferred posthumous national honours on Shehu Musa Yar’Adua (GCFR), Prof. Humphrey Nwosu (CON), Rear Admiral Ndubuisi Kanu (CON), Alhaji Balarabe Musa (CFR), Pa. Alfred Rewani (CFR) and Bagauda Kaltho (OON).

    Others are: Chima Ubani (OON), Dr Beko Ransome-Kuti (CON), Alao Aka Bashorun (CON), Chief Frank Kokori (CON), Emma Ezeazu (OON), Bamidele Aturu (OON), Fredrick Fasehun (CON), Prof. Festus Iyayi (CON), Dr John Yima Sen (OON) and Alhaja Sawaba Gambo (CON).

    Dr Edwin Madunagu bagged the CON honour; Dr Alex Ibru (CON), Chief Bola Ige (CFR), Pa. Reuben Fasoranti (CFR), Sen. Ayo Fasanmi (CON), Sen. Polycarp Nwite (CON) and Dr Nurudeen Olowopopo (CON).

    “I also confer national honours on Prof. Wole Soyinka (GCON), Prof. Olatunji Dare (CON), the journalist and journalism teacher; Kunle Ajibade (OON); Nosa Igiebor (OON), Dapo Olorunyomi (OON) and Mr Bayo Onanuga (CON),” said Tinubu.

    Other beneficiaries are Ayo Obe (OON), Dare Babarinsa (CON), Bishop Matthew Kukah (CON), Sen. Shehu Sani (CON), Gov. Uba Sani (CON), Femi Falana (CON), Prof. Shafideen Amuwo (CON), Luke Aghanenu (OON) and Sen. Tokunbo Afikuyomi (CON).

    Also among the beneficiaries are Hon. Labaran Maku (OON), Dr Tunji Alausa (CON), Mr Nick Dazang (OON), Hon. Abdul Oroh (OON), Odia Ofeimun (CON), Seye Kehinde (OON), Felix Morka (CON), Ledum Mitee (CON), Hon. Olawale Osun (CON) and Dr Amos Akingba (CON).

    Prof. Segun Gbadegesin (CON), Mobolaji Akinyemi (CFR), Dr Kayode Shonoiki (CON), Prof. Julius Ihonvbere (CON), Prof. Bayo Williams (CON), Sen. Abu Ibrahim (CFR) and Sen. Ame Ebute (CFR) were also honoured.

    Additionally, the president conferred the national honour of CON on Sam Amuka Pemu, publisher of Vanguard Newspaper, who he said remained true to his lifetime calling as he marked his 90th birthday on Friday.

    “Furthermore, I also confer posthumous national honours on Ken Saro Wiwa (CON), the leader of the Ogoni Nine and his fellow travellers, Saturday Dobee (OON), Nordu Eawo (OON), Daniel Gbooko (OON) and Paul Levera (OON), Felix Nuate (OON), Baribor Bera (OON), Barinem Kiobel (OON), and John Kpuine (OON).

    “I shall also be exercising my powers under the Prerogative of Mercy to grant these national heroes a full pardon, together with others whose names shall be announced later in conjunction with the National Council of State.

    The president decorated the presiding officers of the National Assembly with the National Honours earlier conferred upon them last year.

    Those decorations were Sen. Godswill Akpabio, GCON; Rt. Hon. Abbas Tajudeen, GCON – Speaker, Sen. Jibrin Barau, CFR – Deputy Senate President and Rt. Hon. Benjamin Kalu, CFR – Deputy Speaker.

  • Speaker Abbas to Tinubu: Progress is evident, but it’s time to wave your magic wand

    Speaker Abbas to Tinubu: Progress is evident, but it’s time to wave your magic wand

    Speaker of House of Representatives, Rep. Tajudeen Abbas has tasked President Bola Tinubu on reforms that will stabilise power supply in the country to accelerate economic growth.

    Speaker Abbas stated this on Thursday at a special joint sitting of the National Assembly with the President to mark the 2025 Democracy Day.

    He said that Tinubu had demonstrated remarkable resolve in removing the fuel subsidy and allowing naira to float.

    The lawmaker said that the nation required an equally decisive intervention in the power sector to turn the sector around.

    “While progress is evident, it is time to wave your magic wand once more to break the cycle of under-performance by shifting from an over-reliance on thermal and hydroelectricity to a diversified energy mix.

    “We must embrace renewable and clean energy sources, such as solar, wind and even nuclear, to ensure a reliable and sustainable national grid,” he said.

    Tajudeen also said that developing the solid minerals sector was essential for Nigeria’s economic diversification.

    “While we have some existing geological data, it lacks the precision and quality needed to support large-scale exploration.

    “To complement executive actions, the House of Representatives will immediately commence an urgent review of the 2007 Mining Act.

    “This is to allow sub-national entities to operate within the profitable limits of the law while enhancing oversight and mitigating security risks.

    “If pursued with discipline and clarity, these reforms will position solid minerals as a strategic pillar of our national economy,” he said.

  • Democracy Day: Results of my reforms already visible – Tinubu

    Democracy Day: Results of my reforms already visible – Tinubu

    President Bola Tinubu on Thursday said his administration introduced fundamental reforms to correct structural imbalances and reform the country’s ailing economy.

    The President said this in his address at the Joint Session of the National Assembly in commemoration  of Democracy Day 2025 on Thursday.

    He said the results of the reforms were already visible as the Gross Domestic Product (GDP) grew by 3.4 per cent in 2024, with Q4 hitting 4.6 per cent, the highest quarter of growth in over a decade.

    “Inflation is easing gradually, steadying the price of food staples like rice and beans. Our net foreign reserves have increased fivefold, and the Naira exchange rate has stabilised.

    “Our balance of payments position is positive. Our sovereign credit rating is improving as we continue to promote oil and non-oil exports. States now do not need to go about borrowing to pay salaries,” he stated.

    Tinubu said that in less than one year, over 100,000 Nigerians, including 35,000 civil servants, benefited from affordable consumer credit through the Nigerian Consumer Credit Corporation (CREDICORP).

    He said this enabled them to purchase vehicles, light up and improve their homes and purchase life essentials.

    “This July, we will launch a bold new initiative to empower 400,000 young Nigerians, including youth corp members with consumer credit.

    “We are committed to giving more opportunities to young people through job creation and skills development.

    “Through such programmes as NELFUND, we are investing in education, vocational training, apprenticeships, and internships to ensure our youth are job-ready and future-ready,” he said.

    Tinubu said his administration embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.

    “This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected.

    “By extending this critical infrastructure, we are empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world,” said the President.

    He also said the recently introduced “Nigeria First” policy would further enhance progress as his administration consolidated market-driven growth.

    He said the improved economic performance was encouraging and validated the soundness of administration’s policy measures.

    “Our medium-term growth target remains an economy growing at a 7 per cent clip with a stronger manufacturing base. We must learn to produce and grow most of our food and we are on the path to achieving food sovereignty.

    “These and other reforms have placed the economy on a more rational footing where critical decisions regarding large-scale investment can now be made,” he said.

    The President said to further underpin his administration’s economic vision, he introduced a comprehensive Tax Reform Package, a vital component of the economic re-engineering.

    He added that his administration was fully committed to boosting the economy’s productive base.

    “Through investment in critical infrastructure, roads, expansion of port operations, rail, and power we are creating a new environment in which industry and manufacturing can thrive.

    “Our tax and fiscal policy reforms will streamline tax administration and eliminate burdensome and multiple taxes enabling our industrialists and entrepreneurs to operate in a more conducive environment.

    “Governance must work and deliver value to the people. As part of our tax reforms, we have provided small businesses with an exemption and established the Office of the Tax Ombudsman to ensure transparency and protect taxpayer rights,” he said.

    Tinubu said in line with his promise during his New Year address to the nation, he recently appointed the board of directors of the newly established National Credit Guarantee Company.

    He said the company backed with N100 billion in initial capital, with BOI, NSIA, CreditCorp, and finance ministry as stakeholders, would play a significant role in transforming the nation’s industrial landscape and reducing corruption.

  • Democracy Day: Akpabio reels out achievements of 10th Senate

    Democracy Day: Akpabio reels out achievements of 10th Senate

    President of the Senate, Godswill Akpabio, says the 10th Senate has passed 96 bills out a total of 844 bills introduced within its first two years.

    He said that the Senate also adopted 18 petitions out of the 80 received.

    Akpabio made this known on Thursday during a joint session of the National Assembly to celebrate 2025 Democracy Day.

    He said that the 10th National Assembly had played its part with diligence and distinction.

    “From its inception, the 10th Senate demonstrated a renewed vigour for addressing the country’s complex challenges through purposeful legislation.

    “This commitment is reflected in its extraordinary output: a total of 844 bills have been introduced within its first two years—an unprecedented figure.

    “This figure underscores the Senate’s proactive posture in tackling pressing national issues.

    “Out of this impressive volume, 107 bills are currently at the committee stage, undergoing the necessary scrutiny and stakeholder engagement that ensures quality legislation.

    “Two hundred and six bills are awaiting first reading, reflecting a robust pipeline of legislative ideas prepared for formal introduction and 409 bills have advanced to second reading.

    “Notably, the Senate has passed 96 bills, a record for any Nigerian Senate at this stage of the legislative cycle.

    “Even more significantly, 52 of these bills have been assented to by the President, translating into enforceable laws that will shape governance, economic development, public welfare, and national security.

    “These bills include the National Education Fund, Local Government Autonomy Bill, Regional Development Commission, Tax Reform, University and Tertiary Institutions, Agricultural Institutions bills etc.”

    Akpabio  said that the upper chamber had acted decisively on 26 Executive bills, showcasing a healthy balance of cooperation and oversight in its engagement with the executive arm.

    “These executive-sponsored legislations address key policy areas and benefit from the Senate’s thorough review and refinement before passage.”

    The senate president said that beyond bills, the 10th Senate had received a total of 80 petitions from citizens and civil society.

    “This is a testimony to public trust in the institution. Of these, 18 petitions have been fully adopted, providing redress, transparency and institutional accountability,” he said.