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AT 2ND CHRONICLE ROUNDTABLE:

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AT 2ND CHRONICLE ROUNDTABLE:

  • President Tinubu Taking Wise, Statesmanly Decisions – Assures VP Shettima
  • Lists subsidy removal, other policies as options taken to save Nigeria
  • Says nation’s economy will witness positive changes after the sacrifices

By: Our Reporter

Again, Vice President Kashim Shettima has implored Nigerians to be patient with the administration of President Bola Ahmed Tinubu as he steers the ship of state through the economic turbulence and storm he met on ground on assumption of office.

“Soon, Nigeria’s economy will experience significant growth once we’ve overcome these sacrifices. Positive changes will soon be evident across all economic indicators – inflation, per capita income, GDP numbers, poverty reduction, food security, and all aspects close to the hearts of our people,” he declared.

Senator Shettima made the appeal on Thursday during the 2nd Chronicle Roundtable organized by 21st Century Media Services, publishers of 21st CENTURY CHRONICLE, as part of its public service enlightenment series, at Ladi Kwali Hall, Abuja Continental Hotel, Abuja.

The Vice President who was the Guest Speaker at the roundtable explained some key policy decisions taken by the Tinubu administration as well as its Economic and Social Agenda, including the removal of subsidy on petroleum products, which he described as the ‘biggest elephant in the room’ before President Tinubu took charge.

Appealing for patience and time to address the serious challenges he said they met on ground, especially the nation’s ailing economy which was already tottering towards an eclipse, Shettima said, “We look forward to the positive impact on the economy that will be brought by some of our new initiatives in the oil and gas sector, creative arts sector, the newly rejigged steel and solid minerals sectors, our housing sector, the blue economy, and the digital sectors, to mention but a few.

“There is no doubt that there’s a time to plant and a time to reap. In between those times, we appeal for patience and seek collective sacrifice from all, especially from us. We wish there were a way to treat this ailment without surgery”.

While delivering his speech titled, “Because These Shortcuts Are Not The Right Ways,” the VP noted that though the decision to remove fuel subsidy was quite tough considering its negative impact on the lives of the citizens, it became an inevitable option when it was discovered that the immediate past administration of former President Muhammadu Buhari did not make provision for it in the 2023 budget.

He explained: “His Excellency, President Bola Ahmed Tinubu, chose the option that would save the life of the nation, instead of one that would merely prolong its imminent and predicted economic death. Before we took charge, the biggest elephant in the room was the question of fuel subsidy removal.

“We understood why our predecessor made the decision to remove it and refused to budget for it in their final fiscal year. The year before we took office, Nigeria’s debt service-to-revenue ratio had grown to 111.8%. The anticipated debt crisis may sound like fancy economic jargon to the man on the street, but you and I are in a better position to understand how such miscalculations have played out in other countries. It’s an economic death sentence.

“In plain terms, our debt servicing was such that if you earned, say, N100,000, the entirety of the money wasn’t only paid to your debtor; you were forced to borrow an additional N11,800 to pay the debtor. How do you intend to survive this, and how many more loans before you become a pariah?

“We are not even discussing the nation’s budget deficits, diversions of resources from critical sectors of the economy, and corruption masterminded in the subsidy regime.”

Acknowledging that government is a continuum, the VP said whoever had “succeeded the previous government would have either chosen to steer the ship through the storm as President Tinubu is doing or jumped ship and let the country implode.”

He observed that those who contested the presidency with President Tinubu did not feel morally justified to question the decision to remove fuel subsidy because it was part of the solutions they also tabled before Nigerians.

“This was because, whether in handling the subsidy matter or the forex crisis, they had also promised the solutions we had adopted. Those who attempted to eat their words were instantly proven wrong by data, history, and their antecedents—those emotionless reality checkers,” he pointed out.

Senator Shettima regretted that for long Nigeria had endured economic sabotage, leading to the resolve by Governor of the Central Bank of Nigeria, Mr. Yemi Cardoso, and the National Security Adviser, Malam Nuhu Ribadu, “to take matters into their hands to neutralise the overpowering influence of currency manipulators who had conspired to frustrate our reforms.

“Today, I stand proud to say that their interventions have translated into desired results, and Naira’s pushback against all odds is an inspiring journey that doesn’t have to be learned in Buenos Aires, as some would want us to do,” he added.

Earlier in his opening remarks, chairman of the Ministry of Finance Incorporated and former Finance Minister, Dr Shamsudeen Usman, praised the content of the Renewed Hope Agenda of the Tinubu administration, describing it as one of the most detailed and carefully crafted policy document in the history of the country.

He stressed the need for the Renewed Hope Agenda document to be reviewed and integrated into the medium and long-term development framework of the country, noting that policy consistency with a long-term vision to transform critical sectors of the economy, is the way to go.

Dr Usman also commended the administration’s establishment of a central coordination delivery unit to track the performance of programmes, policies and key interventions of the Federal Government, insisting that the monitoring of key performance indicators in the policy document was critical to the success of the government.

On his part, the CEO of 2nd Chronicle Newspaper, Malam Mahmud Jega had while welcoming guests to the event, said the need to critically analyse government policies and programmes was not just an expectation from the media but indeed borne out of the necessity to collectively contribute in shaping the nation’s development trajectory.

Also present at the event were the Minister of Information, Alhaji Mohammed Idris; Special Adviser to the President on Political Matters, Dr Hakeem Baba Ahmed; Chairman of 21st Century Chronicle, Amb. Gbara Awanen; notable leaders in the media industry, Dr Ishaq Moddibo Kawu; Mallam Garba Shehu; Mr Segun Adeniyi, and Malam Mahmud Jega, among others.

AT 2ND CHRONICLE ROUNDTABLE:

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International Women’s Day: Eight Actions for A More Equal World

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International Women’s Day: Eight Actions for A More Equal World

By: Michael Mike

Over nearly a decade leading the United Nations, I have seen our world repeatedly tested – by climate shocks, deepening poverty, violent conflict and shrinking civic space.

But I have also watched many solutions take root, and they shared one common denominator: women.

As the world marks International Women’s Day, it is time to recognize that gender inequality is the greatest human rights challenge of our time – and advancing equality is one of the strongest drivers of sustainable development and peace.

Here are eight actions drawn from my own experience, and inspired by the work of the UN system and civil society movements across the globe, to advance women’s rights and deliver results.

  1. Fix the Power Gap
    Gender equality is a question of power. But male-dominated institutions still shape our world. A rising tide of authoritarianism is deepening these inequalities, rolling back hard-won protections – from fair work practices to reproductive rights – and entrenching racial and gender biases that hold women back. Gender equality lifts societies. When power is shared, freedom expands.
  2. Make Parity a Priority ​
    Women are grossly under-represented in governments and boardrooms across the globe. At the United Nations, we set out to make gender parity a priority, starting with senior leadership. We did this by widening the search for qualified candidates, not by lowering standards. The UN is stronger for it, with an enhanced workplace culture and more inclusive decision-making. The lesson is clear. When institutions choose equality, results follow.
  3. Bet on the Highest-Return Investment
    Investment in women delivers outsized returns. Every dollar spent on girls’ education yields nearly triple the gains, while maternal health and family planning generate more than eightfold benefits. Policies that support families such as child care and elder care strengthen communities and unlock even more growth. Taken together, such steps lay the foundation for closing gender gaps – which can boost national income by as much as 20%.
  4. Make Room at the Peace Table
    Peace agreements are more durable when women take part in negotiating and implementing them. Yet in too many conflicts – including Gaza, Ukraine, and Sudan – women have been largely shut out of the room, even though they carry the heaviest burdens of war. At a time of rising instability, inclusion is not symbolic – it is a shortcut to stabilize our fractured world.
  5. End Legal Discrimination
    Worldwide, women hold only 64 per cent of the legal rights enjoyed by men. In too many places, they cannot own property, work freely, or seek a divorce. Even where protections exist, women face higher barriers to access legal aid or the courts. Every country must commit to dismantling discriminatory laws, and to enforcing rights in practice.
  6. Zero Tolerance for Gender-Based Violence – and Zero Excuses
    Violence against women is a global emergency, rooted in inequality and sustained by silence. Every woman and girl has the right to live free from fear. Yet gender-based violence – including sexual exploitation and abuse – remains a horrific breach of trust and humanity. We must confront it everywhere, with zero tolerance, full accountability, and unwavering support for survivors.
  7. Code Out Bias
    With women comprising just one in four tech workers, bias is being hardwired into the systems that shape daily lives. Meanwhile, misogyny is exploding online. Technology companies and governments must act together to build safe, inclusive digital spaces – and the world must do more to remove barriers for girls in science and technology.
  8. Put Gender in the Climate Plan
    Climate change is sexist. Women often eat last in food crises and endure greater danger in emergencies. Girls face higher risks of child marriage when livelihoods collapse. But women are also leading climate solutions – advancing green legislation, powering global movements, and driving change on the ground. A liveable planet demands gender-responsive climate policies, including equal access to green jobs, better protection in emergencies, and full participation in environmental decision-making.

Across the globe, I have seen these eight solutions in action – in war zones and recovery efforts, parliaments and classrooms, organizations and communities.

If leaders get serious about gender equality and commit to them now, we will change the world – for women and girls, and for us all.

International Women’s Day: Eight Actions for A More Equal World

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Israel Accuses Iran of Terror Links, Cites Activities in Nigeria

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Israel Accuses Iran of Terror Links, Cites Activities in Nigeria

By: Michael Mike

The Embassy of Israel in Nigeria has accused Iran of sponsoring terrorism across the globe and backing militant networks, including alleged links to activities in Nigeria.

In a statement issued in Abuja, the Israeli mission challenged recent remarks by Iran’s envoy to Nigeria denying Tehran’s involvement in terrorism, insisting that evidence accumulated over the years contradicts such claims.

The embassy said Iran has long been identified by several governments and security agencies as a major state sponsor of terrorism, accusing the country of providing funding, weapons, training and strategic guidance to militant groups such as Hamas, Hezbollah and the Houthi movement.

According to the statement issued on Monday, these groups have carried out attacks against civilians and contributed to instability in several parts of the world, particularly in the Middle East.

The embassy further alleged that Iranian-backed operatives and networks have been linked to attacks and plots in different countries, including Argentina, Bulgaria, Australia and the United Kingdom.

Highlighting developments in the Middle East, the mission said Iranian leaders publicly praised the October 7 attacks carried out by Hamas against Israeli civilians and encouraged further violence against Israel.

The embassy also pointed to past incidents in Nigeria which it said suggested Iranian-linked activities within the country.

It recalled that in 2010, Nigerian authorities intercepted a shipment of weapons originating from Iran at Apapa Port in Lagos, concealed in containers allegedly destined for militant groups in West Africa.

The statement also referenced a 2013 operation by Nigerian security agencies in which a Hezbollah-linked cell and weapons cache were uncovered, leading to arrests in Abuja and Kano. Authorities at the time said the weapons were intended for attacks against Israeli and Western interests in Nigeria.

Israel’s Ambassador to Nigeria, Michael Freeman, said Iran’s repeated denials could not erase what he described as a documented history of support for militant organisations.

“The Iranian regime can make as many statements as they like and appear on as many television channels as they want. But facts speak louder than words. The reality is that Iran is the world’s largest sponsor of terrorism and has backed the Islamic Movement of Nigeria for years,” he said.

The embassy said it considered it necessary to challenge what it described as misinformation, stressing that terrorism remains a major threat to global peace and stability, including in Nigeria.

Israel Accuses Iran of Terror Links, Cites Activities in Nigeria

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NSCDC Warns Contractors Over Damage to Fibre Optic Cables in Abuja

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NSCDC Warns Contractors Over Damage to Fibre Optic Cables in Abuja

By: Michael Mike

The Nigeria Security and Civil Defence Corps (NSCDC) has issued a strong warning to construction companies and contractors operating in the Federal Capital Territory, cautioning them to stop damaging underground fibre-optic cables during excavation works or face prosecution.

The warning was issued by the FCT Commandant of the Corps, Olusola Odumosu, who expressed concern over the growing cases of fibre-optic cable destruction across Abuja due to negligence and poor planning by construction firms.

Odumosu said the increasing damage to the communication infrastructure has led to repeated disruption of internet services, banking operations, telecommunications networks and other critical government and commercial activities.

According to him, the destruction of fibre-optic cables constitutes a serious national security risk and undermines economic activities in the country.

He explained that under the Designation and Protection of Critical National Information Infrastructure Order 2024, telecommunications infrastructure, including fibre-optic cables, has been classified as Critical National Information Infrastructure, making any deliberate or negligent damage a punishable offence.

The Commandant noted that the Corps derives its powers from the Nigeria Security and Civil Defence Corps Act 2003 (as amended in 2007), which empowers it to protect national assets, maintain round-the-clock surveillance on critical infrastructure and prosecute offenders involved in vandalism and sabotage.

He added that the law authorises the Corps to arrest, detain and investigate individuals or organisations responsible for damaging public utilities such as communication cables, power transmission lines, pipelines and other strategic facilities.

Odumosu disclosed that in line with directives from the Office of the National Security Adviser, contractors must verify the presence of underground utilities before commencing excavation or drilling in the FCT.

He directed all construction firms to liaise with telecommunication service providers, the NSCDC and relevant authorities before carrying out digging or drilling activities, stressing that ignorance of the presence of fibre-optic cables will not be accepted as a defence.

The NSCDC boss further warned that the Corps would not tolerate vandalism or interference with critical national assets such as power installations, oil and gas pipelines, rail infrastructure, water facilities, communication masts and government buildings.

He said offenders—whether individuals, companies or government contractors—would face prosecution under existing laws, including the Cybercrimes (Prohibition, Prevention, etc.) Act 2015 and other relevant legislation protecting national infrastructure.

Odumosu assured residents that the NSCDC remains committed to safeguarding critical national assets across the capital territory and urged contractors to strictly comply with verification procedures before undertaking civil works.

He also called on members of the public, professional bodies and project managers to report suspicious excavation activities or vandalism of public infrastructure to the nearest NSCDC formation for prompt response.

The Commandant reiterated the Corps’ zero-tolerance for vandalism, urging organisations and stakeholders to collaborate with the agency to protect public utilities and ensure sustainable economic growth.

NSCDC Warns Contractors Over Damage to Fibre Optic Cables in Abuja

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