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AT 2ND CHRONICLE ROUNDTABLE:

Published

2 years ago

May 3, 2024

Ochuwa Ibrahim

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:

Related Topics:President Tinubu Taking Wise Statesmanly Decisions - Assures VP Shettima

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I don’t know my successor, Zulum declares at APC meeting

Published

2 hours ago

January 26, 2026

Ochuwa Ibrahim

I don’t know my successor, Zulum declares at APC meeting

By: Our Reporter

Borno State Governor Babagana Umara Zulum has stated that he does not know who will succeed him after the expiration of his tenure in May 2027.

The governor reiterated that his administration was focused on strengthening security and providing needed development to the people.

He spoke on Sunday evening during a critical All Progressives Congress (APC) stakeholders’ meeting convened at the Multi-purpose Hall of the Government House in Maiduguri.

Addressing party leaders, elected officials and members, Zulum reiterated his stand for a fair, transparent and just process in the election of party officials during the forthcoming congresses.

He emphasised that the integrity of the process was paramount for the party’s unity and future success.

The governor strongly advocated a fresh set of individuals to occupy the various party positions.

He urged stakeholders to allow new faces to emerge through a democratic process, thereby strengthening the party’s grassroots structure and inclusivity.

Governor Zulum also dismissed speculation about his influence on the party’s future ticket.

He firmly and publicly reaffirmed that he had not anointed any candidate for the upcoming party positions or for any elective position.

“I have no candidate for any position, and I do not know who will succeed me. I have entrusted the choice of leaders to Almighty Allah, in accordance with the democratic will of the party members and the people of Borno State.

The governor set up two committees to scale up the APC e-registration and reconciliation among party members.

The 10-man committee will be headed by Nigeria’s former Ambassador to China, Baba Ahmed Jidda and will include members drawn from the state’s 3 senatorial districts.

The meeting was attended by the acting governor, Umar Usman Kadafur; the former governor of Borno State, Maina Ma’aji Lawan; APC Deputy National Chairman, Ali Bukar Dalori, State APC Chairman, Bello Ayuba and three former deputy governors, including Ali Abubakar Jatau, Adamu Shettim Dibal and Usman Mamman Durkwa.

The Chief Whip of the Senate, Mohammed Tahir Monguno, Senator Kaka Shehu Lawan and 10 members of the House of Representatives, including Dr Midala Balami, who announced his resignation from the People’s Democratic Party (PDP), were in attendance.

The speaker of the Borno State House of Assembly, Abdulkarim Lawan; the deputy speaker, Engr Abdullahi Askira and 25 other members also graced the occasion.

Others in attendance included former Senator Baba Kaka Bashir Garbai, Dr Bulama Mali Gubio and senior government and party officials.

I don’t know my successor, Zulum declares at APC meeting

News

Tuggar Holds Strategic Talks with Turkish Counterpart in Ankara

Published

3 hours ago

January 26, 2026

Ochuwa Ibrahim

Tuggar Holds Strategic Talks with Turkish Counterpart in Ankara

By: Michael Mike

Ahead of President Bola Ahmed Tinubu’s State visit to Türkiye, the Minister of Foreign Affairs Amb Yusuf Maitama Tuggar, on Monday paid an official visit to Ankara where he held high-level talks with his Turkish counterpart, Hakan Fidan aimed at deepening bilateral cooperation between the two countries.

The meeting, Tuggar’s first official visit to Türkiye, focused on strengthening political, economic, security, and multilateral cooperation. Minister Fidan commended Nigeria’s constructive role in promoting regional stability, peace, and prosperity in West Africa, noting Nigeria’s leadership within regional and continental frameworks.

Tuggar placed strong emphasis on expanding bilateral trade and increasing mutual investment, particularly in sectors of interest to Turkish companies, including construction, manufacturing, energy, and infrastructure. Both ministers acknowledged the steady growth in economic relations and underlined the need to unlock further potential through structured public–private engagement.

On security cooperation, the two sides highlighted opportunities to deepen collaboration in military affairs and the defence industry.

The visit reflects the growing strategic character of Nigeria–Türkiye relations, anchored in shared positions on sovereignty, institutional cooperation, and pragmatic partnership, with both sides expressing confidence in the prospects for deeper engagement in the period ahead.

Alkasim Abdulkadir

SA Media and Communications to the Honorable Minister of Foreign Affairs.

Tuggar Meets Turkish Foreign Minister in Ankara Ahead of Tinubu’s State Visit

Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has held strategic discussions with Türkiye’s Minister of Foreign Affairs, Hakan Fidan, in Ankara as part of preparations for President Bola Ahmed Tinubu’s forthcoming state visit to the country.

The meeting, which marked Tuggar’s first official visit to Türkiye, focused on strengthening bilateral ties between both nations across political, economic, security and multilateral fronts. The talks underscored the growing importance of Nigeria–Türkiye relations and the shared commitment of both governments to expanding cooperation.

During the engagement, Fidan commended Nigeria’s leadership role in West Africa, particularly its efforts in promoting peace, stability and regional prosperity. He acknowledged Nigeria’s influence within regional and continental institutions and its constructive contributions to addressing common security and development challenges.

Tuggar, in his part, emphasized Nigeria’s interest in deepening economic collaboration with Türkiye, calling for increased trade volumes and stronger investment flows. He identified construction, manufacturing, energy and infrastructure as key sectors offering significant opportunities for Turkish investors. Both ministers noted the steady improvement in economic relations and stressed the need for enhanced public–private sector engagement to unlock further growth.

Security cooperation also featured prominently in the discussions, with both sides expressing readiness to strengthen collaboration in military relations and defence industry partnerships.

The high-level talks highlight the increasingly strategic nature of Nigeria–Türkiye relations, built on mutual respect for sovereignty, institutional cooperation and practical partnership. Both countries expressed optimism about expanding engagement and delivering tangible outcomes in the period ahead.

Tuggar Holds Strategic Talks with Turkish Counterpart in Ankara

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Ogoni Leaders Petition Tinubu, Accuse Wike of Undermining Peace Dialogue

Published

7 hours ago

January 26, 2026

Ochuwa Ibrahim

Ogoni Leaders Petition Tinubu, Accuse Wike of Undermining Peace Dialogue

By: Michael Mike

Leaders and people of Ogoniland have petitioned President Bola Tinubu over alleged attempts by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to undermine the ongoing Federal Government–Ogoni dialogue process aimed at resolving the decades-long Ogoni crisis.

The petition was submitted under the auspices of the Conscience of Ogoni People (COOP), formerly known as the Ken Saro-Wiwa Associates, a group of concerned Ogoni stakeholders advocating peace, justice, and sustainable development in Ogoniland.

In a statement issued on Monday and signed by COOP’s Leader and Spokesman, Chief Gani Topba, the group expressed strong support for the dialogue and peace process being facilitated by the National Security Adviser (NSA), Mallam Nuhu Ribadu, describing it as the most credible effort so far to address the long-standing Ogoni question.

COOP alleged that Wike has been engaging in actions intended to frustrate the dialogue, tracing the dispute to unresolved issues from his tenure as Governor of Rivers State.

According to the group, the controversy is linked to a long-standing compensation dispute between the Ejama Ebubu community in Ogoni and the Shell Petroleum Development Company of Nigeria Limited (SPDC) over environmental damage claims that were decided in favour of the community.

The group stated that the Rivers State Government became deeply involved in the matter during Wike’s administration, a development that has remained contentious and unresolved in public discourse.

COOP further alleged that during the recent visit of the NSA to Ogoniland, political associates of the FCT Minister were instructed to boycott and undermine the engagement. The group claimed that efforts were deliberately made to sabotage the dialogue at the community level.

Raising security concerns, COOP alleged that armed youths recruited from different parts of Rivers State are currently being mobilised and camped around the Rivers State House of Assembly quarters, allegedly to destabilise the peace process.

The group also claimed that Wike is displeased with Rivers State Governor, Sir Siminalaiyi Fubara, for cooperating with the NSA to ensure the success of the Ogoni dialogue. According to COOP, local government chairmen in Eleme, Tai, Gokana and Khana LGAs were allegedly directed to recruit armed youths to disrupt the dialogue and frustrate the proposed resumption of oil operations in Ogoniland.

COOP warned that if these alleged actions are not checked, they could pose serious threats to public peace and security in Rivers State and derail the fragile but promising dialogue process.

The group noted that the ongoing engagement has been widely welcomed by Ogoni people as a sincere and inclusive initiative aimed at achieving lasting peace, environmental remediation, economic reintegration of Ogoni communities, and the safe resumption of oil production in Oil Mining Lease (OML) II. They added that a successful outcome would significantly boost national revenue, foreign exchange earnings, energy security and employment.

COOP appealed to President Tinubu to intervene by calling on the FCT Minister to desist from actions capable of reigniting tension in Ogoniland. The group urged the President to protect the dialogue process and mandate relevant security and intelligence agencies to investigate the allegations.

They call on the President to ensure that no individual, regardless of position, undermines national interest for personal or sectional gain, expressing confidence that decisive intervention would help secure peace in Ogoniland and reaffirm the Federal Government’s commitment to justice, national unity and economic recovery.

Ogoni Leaders Petition Tinubu, Accuse Wike of Undermining Peace Dialogue