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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
NDLEA Arrests Ex-Lagos Councillor, Uncovers Drugs Hidden in Baby Diapers, Intercepts IED Components
NDLEA Arrests Ex-Lagos Councillor, Uncovers Drugs Hidden in Baby Diapers, Intercepts IED Components
By: Michael Mike
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intensified their nationwide crackdown on drug trafficking, arresting a former Lagos councillor and uncovering a series of drug consignments concealed in unusual ways, including inside baby diapers, while also intercepting components suspected to be meant for improvised explosive devices (IEDs).
In one of the most striking arrests, NDLEA officers apprehended Sheleru Sadiq Olalekan, a former two-term councillor in Ibeju-Lekki Local Government Area of Lagos State, following intelligence linking him to illicit drug activities.
Olalekan, 45, who represented the Orimedu community during his tenure and currently serves as a legislative aide, was arrested on March 2 at his residence in Ilado, Ibeju-Lekki. A search of his home led to the discovery of 40 kilogrammes of skunk, a potent strain of cannabis, hidden in one of the rooms.
According to the agency, the suspect admitted ownership of both the drugs and the property where they were recovered.
In a separate operation in Abuja, NDLEA operatives intercepted a businessman, Emeka Okwor, 32, travelling from Obollo-Afor in Enugu State to Zuba in the Federal Capital Territory.
During a search of his luggage, officers discovered 1,000 pills of tapentadol 250mg concealed inside baby diapers. The suspect reportedly confessed that he was transporting the drugs to Guduwa village in Gurara Local Government Area of Niger State, where he operates a provision store.
On the same day, NDLEA patrol officers along the Kabba–Obajana highway in Kogi State intercepted a consignment of Colorado, a synthetic strain of cannabis weighing 1.55 kilogrammes, concealed inside a carton of a standing fan.
According to a statement on Sunday by the spokesman of the anti-narcotics agency, Femi Babafemi, the drugs were traced to a 36-year-old Cameroonian national, Mey Ali Muhamat, who was travelling in a commercial bus from Lagos to Cameroon through Lokoja, Kano and Maiduguri.
In another security-related development, NDLEA operatives on patrol along the Mokwa–Jebba road in Niger State intercepted a commercial bus transporting 500 components suspected to be used for improvised explosive devices.
The items were concealed in a white sack and were reportedly meant to be delivered to a recipient in Pelegi community. Babafemi said a swift follow-up operation led to the arrest of the alleged recipient, Osama Abdullahi, 21, in Mashegu Local Government Area.
The agency also recorded major drug seizures in other parts of the country. In Yola, Adamawa State, NDLEA officers uncovered 122,000 tramadol pills and 700 grammes of methamphetamine hidden in a false compartment of a truck carrying 2,000 cartons of local drinks.
In Kano State, a 20-year-old suspect, Muhammed Ali, was arrested at Gadar Tamburawa with 11,283 tramadol pills.
Similarly, operatives in Ogun State raided a drug hideout in Ogere, arresting Nazifi Mudansir and Kabiru Musa with 46 kilogrammes of skunk.
In Delta State, two suspects — Joy Chukwuma, 25, and Eugene Felix, 22 — were apprehended in Ogwashi-Uku with 18.63 kilogrammes of skunk, 10.8 litres of codeine-based syrup and 4,268 pills of tramadol and swinol.
A major cannabis cultivation site was also dismantled in Edo State, where NDLEA operatives arrested two suspects, Eke London, 48, and Austin Isusi, 49, at Egbisi forest in Uhumwonde Local Government Area and destroyed 1,910.25 kilogrammes of skunk on two farms.
Another suspect, Alaba Adeboye, 47, was arrested in Ikhin town, Owan East Local Government Area, with 176.5 kilogrammes of skunk.
Beyond enforcement operations, the agency said it continued to expand its War Against Drug Abuse (WADA) sensitisation campaign in schools, religious centres and communities nationwide.
The outreach programmes included awareness lectures in several secondary schools across Oyo, Niger, Zamfara, Lagos, Sokoto, Ebonyi and Anambra states.
Chairman and Chief Executive Officer of the NDLEA, Maj. Gen. Buba Marwa (Rtd.) commended officers across the Lagos, FCT, Kano, Niger, Kogi, Edo, Ogun, Delta and Adamawa commands for the arrests and seizures.
He urged them to sustain the agency’s balanced strategy of aggressive enforcement alongside public education aimed at reducing drug abuse and trafficking across the country.
NDLEA Arrests Ex-Lagos Councillor, Uncovers Drugs Hidden in Baby Diapers, Intercepts IED Components
Passenger stabbed to death after minor accident in Borno
By: Zagazola Makama
A minor road accident in Bayo Local Government Area of Borno on Saturday turned fatal after a passenger was allegedly stabbed to death during a dispute that followed the incident.
Sources said the incident occurred on March 7 at about 5:30 p.m. at Gamadadi involving a Golf vehicle and a motorcycle.
The Golf vehicle with registration number FUG 283 AE, Edo, driven by Danjuma Abdullahi of Kodom Yamaltu Deba Local Government Area of Gombe State, was conveying five passengers from Biu to Gombe State when the accident occurred.
The motorcycle, a TVS model with registration number ABM 340 QA, Abuja, was ridden by Abdullahi Umar of Dadi Kowa and had two passengers identified as Abubakar Musa and Yahaya Ibrahim.
According to police, the motorcyclist attempted to overtake the vehicle from the passenger side but collided with it and fell.
As a result of the crash, the rider and one of the passengers, Abubakar Musa, sustained minor injuries.
However, in the aftermath of the accident, Yahaya Ibrahim, 30, allegedly pulled out a knife and stabbed one of the vehicle passengers, Ahmed Mohammed, 27, of Tudun Wada Fantami in Gombe State, on the leg.
Police said the suspect also smashed the front windshield of the vehicle with a heavy stone.
The Divisional Police Officer (DPO) in Bayo led a patrol team to the scene where the victim was found in a pool of blood.
He was rushed to the Cottage Hospital in Hinna but was confirmed dead on arrival by a medical doctor.
The suspect has been arrested and the weapon used in the attack recovered as an exhibit.
Police said the corpse was photographed and later released to the victim’s family for burial in accordance with Islamic rites.
Passenger stabbed to death after minor accident in Borno
Troops repel bandit attack in Zamfara community
By: Zagazola Makama
Troops of Operation Fansan Yanma, in collaboration with police tactical teams, have repelled a bandit attack on Yankaba Village in Kaura Namoda Local Government Area of Zamfara.
Security sources said the incident occurred on March 7 at about 6:00 p.m. when suspected armed bandits stormed the community, shooting sporadically and causing panic among residents.
The sources said troops of Operation FANSAN YANMA along with other security agencies were swiftly deployed to engaged the terrorists in a gun battle.
According to the sources, the bandits were forced to retreat after encountering superior firepower from the troops. The attackers subsequently abandoned their mission and fled the area.
Troops have since intensified patrols and surveillance in the community to forestall further attacks.
The sources added that monitoring and security operations were ongoing in the area to ensure the safety of residents.
Troops repel bandit attack in Zamfara community
NDLEA Arrests Ex-Lagos Councillor, Uncovers Drugs Hidden in Baby Diapers, Intercepts IED Components
Passenger stabbed to death after minor accident in Borno
Troops repel bandit attack in Zamfara community
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