News
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
VP Shettima: Borno Attack Will Not Break Nigeria’s Resolve
VP Shettima: Borno Attack Will Not Break Nigeria’s Resolve
By: Our Reporter
Vice President Kashim Shettima has condemned in strong terms the bomb explosion that claimed about five lives and left several others injured at a Mosque in Gamboru Market, Maiduguri, Borno State, describing the attack as a despicable assault on innocent citizens and the peace of the nation.
The Vice President said President Bola Ahmed Tinubu has ordered an immediate intensification of security operations in Borno State following the incident.
In a statement on Thursday, the Vice President condemned the attack, assuring that the Federal Government is deploying additional tactical teams to the area to track down and apprehend those responsible for the terror attack.
“The Federal Government will not tolerate any attempt to undermine the peace and security of our nation. Our security agencies are working round the clock to ensure that the perpetrators of this heinous crime are brought to justice immediately,” he said.
Senator Shettima expressed confidence that the security architecture currently in place would not only apprehend the perpetrators but also unravel the full circumstances surrounding the incident.
“We sympathize with the Government of Borno State, residents, and families who have lost their loved ones in this attack. The Federal Government is confident that those responsible for this despicable act of terrorism will face the full weight of the law,” VP Shettima said.
He assured Nigerians that the Tinubu administration’s commitment to national security, anchored in constitutional duty, remains unwavering.
“Since President Bola Ahmed Tinubu assumed office in 2023, this administration has consistently reaffirmed its unyielding commitment to safeguarding the security, unity, and stability of our nation.
“This commitment remains steadfast under God and the Constitution of the Federal Republic of Nigeria. We will continue to provide our security agencies with all necessary resources and support to decisively defeat terrorism in all its forms,” he affirmed.
The Vice President added that the Federal Government is working closely with state authorities and local security agencies to ensure protection of vulnerable communities and critical infrastructure across the North East and other regions.
VP Shettima: Borno Attack Will Not Break Nigeria’s Resolve
News
Zulum-“Protect Our Sacred Bond,” Celebrates Peaceful Year in Christmas Message
Zulum-“Protect Our Sacred Bond,” Celebrates Peaceful Year in Christmas Message
By: Our Reporter
With profound gratitude to God for sparing our lives one full year to another Christmas celebration, Borno State Governor, Professor Babagana Umara Zulum felicitate with the Christian community across the state on the occasion of Christmas.
The Governor is currently engaged in a four-day security and resilience building tour across Northern Borno. The tour includes visits to military formations to boost their morale, and to communities affected by the insurgency, where he is working to build their confidence and provide tangible democratic benefits.
In a message by his Spokesperson Dauda Iliya, Governor Zulum expressed gratitude to God Almighty for the return of relative peace in the state.
“For us in Borno State, the period between the 2024 to the 2025 Christmas celebrations has been one full year of celebrating enviable all-encompassing reconstruction and recovery,” Zulum stated.
“The progress is not only in terms of physical infrastructure, but also in terms of the peace and forbearance, mutual goodwill and harmonious coexistence among the Muslim and Christian communities, which our beleaguered state very critically desires to launch itself back to prosperity and glorious past,” he added.
“I feel obliged to express my most heartfelt gratitude to God for enabling me to preside over the state one full year, witnessing a gladdening restoration and maintenance of these required peace, mutual goodwill and harmony between the the Muslim and Christian communities which bonded us tightly together as a solid people, but which the over a decade Boko Haram insurgency threatened to completely destroy.
“A noteworthy part of the Muslim-Christian harmonious coexistence and goodwill reconstruction and maintenance was my recent high-level consultation meeting with the leadership of Jama’atu Nasril Islam (JNI) and Christian Association of Nigeria (CAN), focused on strengthening collaborative efforts between the state government and religious bodies to combat the lingering threat of insecurity and foster lasting peace in Borno State.
“At that meeting, I underscored the critical role of religious leaders in promoting tolerance, unity and peace across the state because Borno, like many states, has unique and beautiful family composition dynamics.
“It is common to find under one roof, brothers and sisters, uncles and aunts, who profess different faiths. We share meals, we celebrate festivities and milestones, we grieve losses together, as one family, bound by blood and love that transcends religious labels. This is our reality.
“I stressed that our enviable strength emanates from this reality. I will still, therefore, stress that we must protect this sacred bond within our homes and allow it to define our individual, as well as intra- and cross-community engagements.
“In sustenance of my tradition of just, fair and equitable treatment of both communities in festive seasons, I have, also, this year, I announced support to the Christian community and non indigenes, which includes free transportation to non-indigenes to different parts of the country, humanitarian support to over 6,000 vulnerable Christians, cash gifts to widows and orphans, sponsorship of Christian pilgrimage and other interventions.
I am always disposed to rendering such support, and even more, whenever the need arises.
Governor Babagana Zulum urge every citizen of the state, irrespective of faith, to come together in the collective search for lasting security, peaceful and harmonious coexistence as the most-critical foundation for true reconstruction, recovery and prosperity.
Zulum-“Protect Our Sacred Bond,” Celebrates Peaceful Year in Christmas Message
News
Gov. Zulum condemns Christmas Eve explosion in Borno
Gov. Zulum condemns Christmas Eve explosion in Borno
By: Bodunrin Kayode
About five people are feared dead yesterday evening as a suicide bomber detonates improvised explosive devices (IEDs) strapped to his body in a Maiduguri mosque in the popular Gamboru market, which is visited by traders from all over the country, including bordering countries.
The deaths, which were as a result of a suicide explosion, occurred at a mosque inside Gomboru Market, where the suspect had sneaked into a mosque, disguised as a faithful during “Magrib prayer.”

Sources within the market community said he was not a regular at the mosque, and they could also not explain how he lined up with the others or how he came to the community unnoticed to cause such a damnation.
As of the time of writing this report, the explosion had left several residents within the market community injured, while the most fatal ones have been rushed to nearby general hospitals for immediate treatment to stop the bleeding, which usually escalates the bleeding.

As of the time of writing this report, the military and police authorities had confirmed that about five people had died from the attack, which caused a lot of people to scamper for safety, causing massive gridlock around the customs area.
Reaction of the military
Reacting to the incident, the military said that about 32 civilians sustained all manner of injuries from the incident.
In a release signed by Lt. Col. Sanni Uba, it went on to state that the incident occurred at about 6pm yesterday at a mosque located within Gamboru Market in Maiduguri Metropolitan Council (MMC), while Muslim faithfuls were observing evening prayers.
“Preliminary findings indicated that the incident was caused by a suspected Boko Haram Terrorist (BHT) suicide bomber, who detonated an improvised explosive device, killing himself and 2 civilians on the scene.

“Troops, in conjunction with the Nigeria Police Explosive Ordnance Disposal (EOD) team, other sister security agencies, the Borno State Government, and NEMA, responded promptly, secured, and cordoned off the affected area to prevent further harm and ensure public safety.
“Casualties were immediately evacuated to the General Hospital and the Teaching Hospital in Maiduguri for prompt medical attention.
“A total of 32 civilians sustained varying degrees of injuries. Regrettably, 2 of the injured civilians were later confirmed dead at the hospital, while 2 others are currently in critical condition. The remaining injured persons are stable and receiving appropriate medical care.
“Troops and other security agencies have since intensified surveillance and security measures within Maiduguri and surrounding areas.
“Members of the public are advised to remain calm and security conscious, especially during the yuletide season. The public is also urged to be on the lookout for teenagers with suspicious looks.
“It is advised to avoid crowded places and maintain extra vigilance at religious places, especially churches during the yelutide period. Citizens are urged to promptly report any suspicious persons or activities to the nearest security post.
“OPHK commiserates with the families of the deceased and assures the public of its continued commitment to safeguarding lives and property.”
Zulum Condemns Maiduguri Mosque Suicide Attack, Calls for Vigilance in Worship, Public Places
Meanwhile, Governor Babagana Zulum has condemned, in strong terms, the suicide explosion at the Gomboru market mosque in Maiduguri metropolis Wednesday evening.
Governor Zulum, conveying his profound condolences from the frontline in northern Borno through his Special Adviser on Media, Dauda Iliya, called for increased vigilance and heightened security measures, particularly in places of worship during the festive period.
“I am deeply saddened by the Gamboru mosque suicide attack, which occurred on Wednesday evening when worshippers were performing Maghrib prayer, killing 5 people and injuring 35 others. The act is utterly condemnable, barbaric, and inhumane.
“Attacking a place of worship is a desecration of the sanctity of the mosque at a time when Muslim faithful are performing acts of worship.
“I wish to express my condolences to the families of all those that lost their lives in the attack and pray for the repose of their souls and for the speedy recovery of those injured,” he stated.
The governor further assured that adequate measures have been taken to forestall any security breach during the festive period and beyond.
IEDs have been a major challenge in the 16-year-old insurgency war, which has been fought by Nigeria in the Northeast theater of operation, Hadin Kai.
Meanwhile, residents went about their activities in peace hours after the gridlock was eased between customs and the international route leading to Gamboru Ngala and out of the country.
Gov. Zulum condemns Christmas Eve explosion in Borno
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