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AT 2ND CHRONICLE ROUNDTABLE:
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:
News
President Tinubu’s Reforms Massively Opening New Investment Opportunities, Says VP Shettima
President Tinubu’s Reforms Massively Opening New Investment Opportunities, Says VP Shettima
*Assures Abu Dhabi – Beijing Consortium of economic stability, transparency
By: Our Reporter
The Vice President, Senator Kashim Shettima, has restated Nigeria’s readiness to do business with the rest of the world, saying that the ongoing reforms undertaken by the administration of President Bola Ahmed Tinubu across different sectors are opening new opportunities for investment.
“There is no better time to invest in Nigeria. You have come at the right time, where we have been blessed with committed leadership,” he declared.
The Vice President stated this on Tuesday when he received a delegation from the Advanced Energy Partners (AEP) led by chairman of the consortium, Senator Abu Ibrahim, on a courtesy visit to the Presidential Villa.
Senator Shettima, who outlined the abundant resources and potentials across Nigeria, said the Tinubu administration, through specific policies and interventions, is creating the enabling environment for the economy to grow and attract foreign direct investments.
“Be rest assured that you have invested your trust in the right nation. Nigeria is ready for business. We have crossed the Rubicon and are now on the path of sustainable development,” he told the delegation.

Earlier, leader of the delegation, Senator Abu Ibrahim, said the team was on ground in Nigeria to, among other things, explore major opportunities for investment in the upstream oil industry and sectors of the economy.
For his part, the Vice President of China North Industries Corporation (NORINCO), Mr QIANG Wenyu, said the visit was in furtherance of an earlier meeting with President Tinubu in September 2024 in Beijing, just as he reiterated the company’s commitment to collaborating with Nigerian partners in key sectors of the nation’s economy.
He said the company was prepared to fulfill its earlier pledge to deepen cooperation and expand its operations in Nigeria, noting that “for the past one year, we have been acting on that.”
He listed NORINCO’s core areas of operations to include energy, oil & gas, defence industries and mining, among others, noting that the company’s annual turnover grew last year to $30 billion, maintaining a strong reputation in its core fields of operations.
For her part, the CEO of Horizon Energy Abu Dhabi, Ms. Mahra Rashed Al Suwaidi, applauded the leadership of President Tinubu, attributing the company’s renewed interest to invest in Nigeria to the country’s current leadership.
She added that the firm’s confidence in the current administration is reflected in the management of key institutions, including the Nigerian National Petroleum Company Limited (NNPC), among others.
In the same vein, the UAE Ambassador to Nigeria, Salem Saeed Musabbeh Al Shamsi, urged the consortium to waste no time in investing in Nigeria, describing the country as the “right place” for foreign investment.
Noting that the Tinubu administration is the “right government,” he said it has strengthened Nigeria’s economic and bilateral ties with the UAE, leading to non-oil trade between both countries amounting to $4.3 billion in 2024.
Also present at the meeting were the CEO of AEP, Mr Shakiru Olayinka; Mr Abiye Membere from AEP; Mr HU Keyu from China Zhenhua Oil Corporation; Mr XU Yongfeng from Beijing Auxin Chemical Technology Corporation, and Mr LIANG Hongda from NORINCO African Dept, among others.
President Tinubu’s Reforms Massively Opening New Investment Opportunities, Says VP Shettima
News
PCC BORNO COMMISSIONER RECEIVES PRESTIGIOUS AWARD FROM WOMEN AND YOUTH ADVOCACY GROUP
PCC BORNO COMMISSIONER RECEIVES PRESTIGIOUS AWARD FROM WOMEN AND YOUTH ADVOCACY GROUP
By: Our Reporter
The Honorable Federal Commissioner of the Public Complaints Commission (PCC), Borno State Office, has today been honoured with a prestigious Award of Recognition by the Association of Nigerian Women and Youth for Peace Advocate.
The award was formally presented following his nomination and subsequent voting by the Association. The delegation representing the Association at the ceremony included the Coordinator of the Northeast as well as the Coordinators of Kaduna, Bauchi, Borno, Yobe, Adamawa, and Taraba States.

In addition to the award, the Commissioner was also presented with a certificate naming him as an Ambassador of the Association, recognizing his commitment to public service and peace advocacy.
The recognition celebrates the Commissioner’s exemplary leadership, unwavering commitment to public service, and his outstanding contributions toward strengthening the Commission’s mandate in promoting administrative justice and ensuring a fair, responsive system for citizens.
The Association, which is dedicated to supporting children, orphans, and especially women through educational assistance and other humanitarian interventions, noted that the Commissioner’s record of service aligns strongly with their values. The group is actively engaged in campaigns promoting good governance, combating drug abuse, advocating peace and unity in Nigeria, raising awareness on cancer, fighting banditry and kidnapping, and supporting girl-child education, among others.

In his acceptance speech, the Honorable Federal Commissioner expressed profound gratitude to the awarding institution, describing the recognition as a humbling honour. He further remarked that the caliber, dedication, and passion of the people representing the Association give him renewed hope for the nation. He took the opportunity to educate the delegates on the laws governing the Commission and urged them to disseminate awareness of the Commission’s activities through their ongoing campaigns.
The event marked a significant moment of pride for the institution, underscoring the Commissioner’s dedication to peace advocacy, transformative leadership, and service delivery that continues to inspire confidence within the PCC and the wider community.

Staff and attendees congratulated the Honorable Commissioner on the well-deserved honour, describing the award as a testament to his impactful stewardship and his sustained efforts to enhance the visibility, credibility, and effectiveness of the Commission.
Reflecting on the award, the Commissioner concluded:
“True service is not done for recognition, but for the good of our people. Yet, when good deeds are noticed, it inspires all of us to work harder for justice, peace, and hope in our nation. Let us continue to serve with integrity and compassion, for the benefit of those who look up to us.”
PCC BORNO COMMISSIONER RECEIVES PRESTIGIOUS AWARD FROM WOMEN AND YOUTH ADVOCACY GROUP
News
Sahel on edge as sabotage campaigns spread across Niger and Mali, threatening regional stability and economic survival
Sahel on edge as sabotage campaigns spread across Niger and Mali, threatening regional stability and economic survival
By: Zagazola Makama
A sharp escalation in economic sabotage by armed groups in Niger Republic and Mali is deepening instability across the Central Sahel, with fresh attacks on oil and fuel infrastructure pointing to an increasingly insecure landscape for governments, civilians and foreign partners in the region.
The latest incident occurred on Sunday night in Niger Republic’s eastern Diffa Region, where an oil pipeline explosion at Agadem was attributed to the Mouvement Patriotique pour la Libération du Jihad (MPLJ), a newly emergent armed faction led by Moussa Kounai. The group released a video claiming responsibility for damaging a section of the pipeline and vowed further attacks unless the ruling Conseil National pour la Sauvegarde de la Patrie (CNSP) steps down and reinstates constitutional governance.
The MPLJ also accused the junta of supporting foreign rebel groups, specifically naming the Chadian Front pour l’Alternance et la Concorde (FACT), which it alleges operates with the approval and logistical backing of Niger’s transitional military authorities.
Security sources say the attack marks a worrying expansion of anti-state sabotage in Niger, where armed groups such as the Lakurawa network have previously targeted oil infrastructure. These incidents now coincide with sustained assaults by jihadist formations like JNIM and Islamic State Sahel Province, creating an increasingly complex and volatile security environment.
Zagazola warn that the proliferation of armed groups following the 2023 coup has eroded state control, with economic assets such as pipelines, storage facilities and export routes becoming strategic targets for factions seeking bargaining power or political influence. The Agadem basin a cornerstone of Niger’s crude output and a critical link in its export chain to international markets is especially vulnerable.
Meanwhile in neighbouring Mali, the situation has taken on an even more disruptive dimension as the Al-Qaeda-affiliated JNIM intensifies a sweeping fuel blockade that has crippled the country’s economy and strained daily life for millions.
Since September, JNIM fighters have systematically attacked fuel tankers travelling from Senegal and Côte d’Ivoire, routes that account for the majority of Mali’s fuel imports. Tankers have been burned, drivers and security escorts killed, and entire convoys halted by improvised explosive devices and ambushes.
The insurgents are believed to be retaliating against a government directive restricting fuel sales in rural areas, a measure aimed at cutting off jihadist access to diesel and petrol used for mobility, logistics and explosives manufacturing.
The impact has been devastating. Fuel scarcity has worsened Mali’s longstanding electricity crisis, plunging Bamako and several regional capitals into long blackouts. With power plants relying heavily on diesel, factories have shut down, cold-chain food systems are collapsing, and telecommunications have become unreliable.
Government offices, banks and airports are also struggling to maintain normal operations. On Sunday, authorities suspended classes in all schools and universities for two weeks due to the acute shortage.
In rural communities, the blockade coincides with harvest season. Farmers say tractors and irrigation pumps have become idle, threatening crop yields and heightening food insecurity in a country already burdened by displacement and declining agricultural output.
Despite several rounds of negotiations involving community leaders and intermediaries, no agreement has been reached with JNIM. The group appears intent on leveraging the economic pressure to force political concessions from the military-led government.
Security experts say the rising wave of economic sabotage across Niger and Mali reflects a broader trend in the Sahel, where armed groups are increasingly shifting from territorial warfare to strategic economic disruption. By targeting energy supply lines pipelines in Niger and tanker routes in Mali these groups are undermining state capacity, weakening public confidence, and heightening the cost of governance for already fragile juntas.
The dual crises also signaled troubles for neighbouring countries, particularly Nigeria, which shares extensive energy, trade and security ties with Niger. These misattributed attacks or cross-border accusations could trigger diplomatic strains at a time when regional cooperation is crucial.
With militants in both countries signalling readiness for escalated operations, the Sahel is bracing for deeper instability unless coordinated regional and international responses are mobilised to protect critical infrastructure, restore supply chains and contain armed group expansion.
Zagazola Makama is a counter Insurgency Expert and Security Analyst in the Lake Chad region.
Sahel on edge as sabotage campaigns spread across Niger and Mali, threatening regional stability and economic survival
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