A 22-year-old school teacher at the Blessed Peace School in Egbeda, Alimosho Local Government Area of Lagos state simply identified as Prosper has been arrested for allegedly s0d0mising a 10-year-old boy at the school.

It was gathered that before performing the crime, the suspect allegedly told the pupil to behave like a girl and take off his trousers after luring her to a solitary spot in the school.

Investigation by Punch also revealed that the suspect had enticed the survivor to the location on October 18, 2024, by claiming he intended to take him to a spelling bee and art competition where the survivor would earn millions of naira and possibly even travel abroad.

“The teacher r@ped the boy at the school, convincing him by saying he would be enrolled in an art competition where they would win a substantial amount of money,” an eyewitness narrated.

“He took the boy to a class and ordered him to act like a girl. He then told him to pull his trousers down and close his eyes. He p3netrated this boy and told him he should not tell anyone, assuring him that he would win the competition.”

A source familiar with the suspect’s arrest revealed that the suspect was apprehended on Wednesday, November 13, 2024, while attempting to commit a similar act with another pupil at the school.

“An 11-year-old boy, who is more outspoken, informed his parents that he no longer wanted to attend the school. When his parents pressed for a reason, he revealed that a teacher had been threatening him, warning that something bad would happen if he didn’t comply with the teacher’s demands.

“This led the parents, school management, and other teachers to question other pupils, though they initially found no leads. However, a teacher recalled that the suspect often showed particular interest in one boy, frequently buying him gifts and giving him preferential treatment.

“It was at this point that the survivor confessed that the suspect had lured him with promises of a spelling bee and art competition, claiming he would win N2m and be taken abroad. The school was unaware of any such competitions mentioned by the suspect,” the eyewitness said.

The suspect was initially taken into custody by the police at the Idimu Division before being transferred to the Police Gender Unit for subsequent prosecution.

In a telephone conversation with the publication on Sunday, Mrs Ololade Ajayi, the founder of DOHS Cares Foundation, a non-governmental organisation focused on combating gender-based violence and the key advocate behind the arrest, expressed concerns that the police officers at the Gender Unit were attempting to hinder the prosecution of the suspect.

“Since the case was transferred to the Gender Unit, it has not been sent to court. I visited their office last Wednesday to inquire about the case. When I asked why it hadn’t been transferred, the inspector in charge explained that the unit was still conducting a preliminary investigation and that the boy’s mother had not returned,” she said.

“I informed the investigating police officer that the family was financially struggling and offered to cover the transport costs to the crime scene whenever they were ready. She assured me that she would call on Friday.

“On Friday, I called her to check if they were ready to go so I could arrange an Uber to take them to the crime scene, but she told me she was going somewhere else and would not be coming. I suspect there may be foul play involved."

The head of the Idimu Police Division, Chief Superintendent of Police, Gladys Faniyi, confirmed that the case had been referred to the Police Gender Unit.

“I have referred the case to the Gender Department. If you need any information, please direct your enquiries to that department,” Faniyi stated.

The National Organising Secretary of Afenifere, Kole Omololu, has stated that President Bola Tinubu’s brief tenure in office has already shown signs of surpassing the record of former President Olusegun Obasanjo.

In a statement on Sunday, Omololu highlighted the emerging benefits of Tinubu’s economic reforms, which he said have placed the nation on a path toward recovery, growth, and development.

“The president’s economic reforms give hope that the nation is on a trajectory of recovery, growth, and development,” Omololu said, countering recent criticisms from Obasanjo.

At a keynote address delivered during the Chinua Achebe Leadership Forum at Yale University, Connecticut, USA, Obasanjo had described Nigeria under Tinubu as a “failing state.”

In his recorded lecture titled ‘Leadership Failure and State Capture in Nigeria’, the former president accused the administration of perpetuating corruption, mediocrity, and incompetence, among other issues.

Omololu dismissed Obasanjo’s claims as “inaccurate and a reflection of his habitual attention-seeking,” arguing that Tinubu’s reforms have already begun addressing systemic challenges.

“The assertion that Nigeria is a failing state under Tinubu is incorrect and smacks of mischief. The president’s leadership has started yielding tangible gains, contrary to the former president’s pessimistic assessment,” Omololu remarked.

“This is typical Obasanjo grandstanding. As the late President Shehu Shagari wrote about him in his autobiography, ‘Beckoned To Serve,’ Obasanjo is an egotistical narcissist who cannot stand not being the centre of attention and the cynosure of all eyes. He will engage in serial acts of incitement to attract the spotlight to himself,” he stated.

Saying Obasanjo had persistently criticised his successors unduly, Omololu contended that Tinubu’s managerial, moral and anti-corruption records were shoulder above the former president’s.

The Afenifere chieftain said the president’s economic reforms, including the withdrawal of petrol subsidies and the unification of forex rates, were bold measures the former president did not dare to take while in office.

He said these measures had shored up the nation’s revenue and helped it to reduce its debt service ratio from 97% to 65% of income within 17 months.

He added that Nigeria, under Tinubu, had achieved a new record in its trade balance, with an unprecedented N14.07 trillion trade surplus by half-year 2024, pointing out that the administration’s non-oil revenue in one quarter was more than the total generated during Obasanjo’s eight years in office.

Omololu queried, “How can President Obasanjo talk of mismanagement when, on Thursday, March 28, 2024, the Nigerian Stock Exchange crossed 104,562.06 All Shares Index, a 39.84% increase year-to-date, making it the second-best performing exchange in Africa?”

The Afenifere chieftain also disputed the former president’s assessment of the president’s anti-corruption record, stating that the top global transparency rating agency, Transparency International, reported a more positive evaluation.

“Transparency International says Nigeria is less corrupt today than during the Obasanjo administration,” he said, adding, “Nigeria improved on TI’s Corruption Perception Rating this year, moving five places from 150 in 2023 to 145 in 2024. In contrast, under Obasanjo, Nigeria was rated the second-most corrupt nation in the world, with only Bangladesh ahead of us in 2002. Out of 102 nations, Nigeria was number 101.”

Omololu pointed out that Obasanjo and his deputy, Atiku Abubakar, publicly exposed themselves via a nasty public exchange exposing their dirty dealings.

Omololu said Obasanjo, who could not manage his deputy, Atiku, lacked the moral authority to accuse Tinubu of immorality and mismanagement.

“If you could not manage your Presidency, what moral authority do you have to call the man who has managed his government and party with almost military efficiency a mediocre?” he queried.

Manchester City striker, Erling Haaland, is close to agreeing to a new contract with the Premier League champions, according to The Mirror.

The deal will make Erling Haaland the highest-paid player in England’s top flight.

City have offered a staggering £500,000 per week to the Norwegian, which is significantly higher than the current highest-paid player – his team-mate Kevin De Bruyne who is on reported £400,000 per week wages.

Officials from the club recently met Haaland’s family and his agent Rafaela Pimenta and held positive talks over the new deal.

If the contract is signed, it will tie down the player until the end of the 2028-2029 season.

However, there is still one aspect of the terms of the new deal that is delaying the player’s signature on the dotted lines.

The 24-year-old has a £150 million release clause in his current contract, which the club want to remove from the new agreement. But Haaland’s representatives want it to remain.

However, there could be a compromise in the negotiations where both parties agreed to increase the value to £200 million.

Note that since Erling Haaland joined Manchester City about three seasons ago, the Norway international has scored 105 goals and provided 14 assists in 114 games in all competitions.

Rabiu Kwankwaso, former governor of Kano, has asked the national assembly to reject any attempts to “cheat” the north with the proposed tax reform bills.

Kwankwaso spoke on Sunday at the convocation ceremony of Skyline University held at the Ammani Centre, Nassarawa GRA, Kano state.

Kwankwaso alleged that Lagos is “making a lot of efforts” to colonise the north.

The former governor accused the president, who hails from Lagos, of interfering in the emirship tussle in Kano.

“The Emir has just been installed at this difficult time in our country, especially in this part of the country, northern Nigeria,” he said.

“Today, we can see very clearly that there is a lot of effort from the Lagos axis to colonise this part of the country.

“Today, Lagos wouldn’t allow us to choose our Emir. Lagos has to come to the centre of Kano to put their own Emir.

“Today, we are aware that the Lagos young men are working so hard to impose and take away our taxes from Kano and this part of the country to Lagos.”

The Kano emirship is a subject of litigation.

Muhammadu Sanusi was reinstated as the Emir of Kano in May.

However, Aminu Bayero, who was removed to make way for Sanusi, has refusedto step aside.

TAX REFORM BILLS 

The New Nigeria Peoples Party (NNPP) presidential candidate in the 2023 elections said many factory owners have been “forced” to relocate their headquarters to Lagos to make the south-west state claim “all the taxes”.

“We have seen the effort of some people to make the poor poorer and the rich richer. And I believe this is very dangerous for us,” Kwankwaso said.

“This part of the country today is suffering from a serious economic crunch, insecurity, poverty, hunger, and diseases.

“I believe this is not good for the cordial existence of our country. At this moment, I would like to call on all our national assembly members to keep their eyes open so that they don’t do anything that will cheat the people of northern Nigeria, especially here in Kano.

“We are witnesses to what happened during the first term of Olusegun Obasanjo from 1999 to 2003, where our members of the national assembly were bribed into collecting a huge sum of money to support onshore/offshore in the country.

“That law put a huge blow on our economy in northern Nigeria and all other states.”

BACKGROUND

On October 3, Tinubu asked the national assembly to consider and pass four tax reform bills.

The proposed legislations, which have sparked intense debate, include the Nigeria tax bill, the tax administration bill, and the joint revenue board establishment bill.

The president also asked the parliament to repeal the law establishing the Federal Inland Revenue Service (FIRS) and replace it with the Nigeria Revenue Service.

On October 28, the Northern States Governors Forum (NSGF) opposed the bills, arguing that the proposed legislation would harm the region’s interests.

The governors asked the national assembly to reject the bills, demanding equitable and fair implementation of national policies and programmes across all regions.

The national economic council (NEC) also asked Tinubu to withdraw the bills to give room for consultations.

On November 1, Tinubu said the bills would not be withdrawn from the national assembly, noting that the proposed laws are designed to improve the lives of Nigerians and optimise existing tax frameworks.

The Minister of Water Resources, Professor Joseph Utsev, has expressed concern over funding challenges in a bid to address Open Defecation Free (ODF) by 2030.

During a press briefing in Abuja last weekend, Utsev stated that while the initiative required an annual budget of ₦10 billion, only ₦5 billion had been released so far.

According to him, Nigeria requires an additional 11.6 million toilets to achieve the ODF goal. He emphasized that reaching ODF status encompasses more than merely constructing toilets.

Utsev acknowledged that significant advancements had been made, yet ensuring both access to and the appropriate utilization of these facilities continues to pose a significant challenge.

“The challenge is not only the number of toilets available but also raising awareness and encouraging their consistent use.

“This is why we are elevating the campaign to a higher level. The vice president will lead the relaunch of our strategy in a more impactful way,” he said.

The Minister further stated that development partners like UNICEF had made significant contributions by providing toilet facilities, training and awareness campaigns.

“Our partners do not provide funds directly but support through the supply of toilets and training programmes, their efforts have been invaluable in driving this campaign forward,” he said.

Since the campaign’s initiation in 2019, Utsev stated that 135 Local Government Areas (LGAs) and more than 30,000 communities have attained Open Defecation Free (ODF) status, with additional regions currently in the verification process.

He emphasized that, notwithstanding these accomplishments, the journey towards achieving universal sanitation is still extensive, particularly in underserved and vulnerable communities.

“Ending open defecation is about more than toilets, it’s about improving health, boosting productivity, and enhancing the dignity and safety of our citizens,” the minister emphasised.

Naija News understands that the event was part of activities marking the 2024 World Toilet Day with the theme ‘Sanitation for Peace,’ which underscores the significance of toilets as symbols of safety, dignity and development.

The deputy spokesman for the House of Representatives, Philip Agbese, has said that some state governors are threatening to deny federal lawmakers return tickets in 2027 if they don’t withdraw their support for President Bola Tinubu’s Tax Reform Bills.

Recall that in September the President had submitted four tax reform bills to the National Assembly for consideration, following the recommendations of the Oyedele-led tax reforms committee.

The bills include the Nigeria Tax Bill 2024, which is expected to provide the fiscal framework for taxation in the country, and the Tax Administration Bill, which will provide a clear and concise legal framework for all taxes in the country and reduce disputes.

Others are the Nigeria Revenue Service Establishment Bill, which will repeal the Federal Inland Revenue Service Act and establish the Nigeria Revenue Service, and the Joint Revenue Board Establishment Bill, which will create a tax tribunal and a tax ombudsman.

The 36 state governors have, however, demanded the withdrawal of the executive bills, citing the need for more consultation and public input.

Agbese, while speaking in an interview with Punch, disclosed that the lawmakers will today (Monday) engage the Chairman of the Presidential Committee on Fiscal and Tax Reforms, Taiwo Oyedele, and other renowned tax experts on the bills.

Speaking further, he said that some governors are holding meetings ahead of the National Assembly resumption to consider the tax bills and other important legislations.

According to him, “Some of these governors are threatening members from their states. They have even gone far to threaten that they would deny members return tickets in 2027 if they support the bills.”

The threats notwithstanding, the Benue lawmaker said nothing would make him and his colleagues change course, provided the bills are targeted at revamping the economy.

He continued, “As far as we are concerned in the House of Representatives, nobody can stop us from supporting President Bola Tinubu’s bid to reboot the economy to work for the country.

“We are united across party lines to make sure the country works. This is the disposition of Speaker, Tajudeen Abass.”

While noting that lawmakers in the past could indeed be cajoled to give up their principles, the legislator reminded the governors that the 10th Assembly congressmen are a different breed of Nigerians.

He said, “The difference between the new crop of politicians in the House of Representatives is that we are intellectually sound, progressive-minded and pro-Nigeria.

“We were not elected by the governors but our constituents and as far as the legislation (bills) will work for those that elected us, we will support them unequivocally, wholeheartedly and powerfully to see the light of the day.”

The Presidency has maintained silence in response to criticisms of President Bola Tinubu’s reforms by former President Olusegun Obasanjo and the International Monetary Fund (IMF).

Obasanjo, speaking at the Chinua Achebe Leadership Forum at Yale University in New Haven, Connecticut, United States, described Nigeria as being under “state capture” and in a dire situation.

The remarks were relayed in a statement by his media aide, Kehinde Akinyemi.

“The country’s situation is bad,” Obasanjo reportedly said, adding that reforms have failed to deliver meaningful relief to Nigerians.

Similarly, the IMF, in its latest economic outlook report for sub-Saharan Africa, highlighted Nigeria as one of the Resource-Intensive Countries (RICs) struggling to realize the benefits of its reforms.

“While some countries in the region are experiencing positive outcomes, it is not looking good yet in Nigeria,” the IMF noted, raising concerns about the pace and impact of Tinubu’s economic adjustments.

The presidency has yet to issue a formal statement addressing these criticisms. However, a source at the State House told Daily Trust on condition of anonymity that Obasanjo is a statesman and that the Presidency “will not want to join issues with him.”

What Obasanjo said

Obasanjo, in his address titled “Leadership Failure and State Capture in Nigeria”, described Nigeria’s situation as bad.

The former leader also alleged that Nigeria’s failing status under President Bola Ahmed Tinubu was “confirmed and glaringly indicated and manifested for every honest person to see.”

He alluded to a World Bank and Transparency International’s definition of what a state capture was, saying it was described, “as one of the most pervasive forms of corruption,“a situation where powerful individuals, institutions, companies, or groups within or outside a country use corruption to shape a nation’s policies, legal environment, and economy, to benefit their own private interests.”

He noted that state capture is not always overt and obvious as it can also arise from the more subtle close alignment of interests between specific business and political elites through family ties, friendships, and the intertwined ownership of economic assets.

He said: “What is happening in Nigeria – right before our eyes – is state capture: The purchase of national assets by political elites – and their family members – at bargain prices, the allocation of national resources – minerals, land, and even human resources – to local, regional, and international actors. It must be prohibited and prevented through local and international laws.

“Public institutions such as the legislature, the executive, the judiciary, and regulatory agencies both at the federal and local levels are subject to capture. As such, state capture can broadly be understood as the disproportionate and unregulated influence of interest groups or decision-making processes, where special interest groups manage to bend state laws, policies, and regulations.

“They do so through practices such as illicit contributions paid by private interests to political parties, and for election campaigns, vote-buying, buying of presidential decrees or court decisions, as well as through illegitimate lobbying and revolving door appointments.

“The main risk of state capture is that decisions no longer take into consideration the public interest, but instead favour a specific special interest group or individual. Laws, policies, and regulations are designed to benefit a specific interest group, often times to the detriment of smaller firms and groups and society in general.

“State capture can seriously affect economic development, regulatory quality, the provision of public services, quality of education and health services, infrastructure decisions, and even the environment and public health.”

Obasanjo also alleged that Nigeria’s failing status under President Tinubu was “confirmed and glaringly indicated and manifested for every honest person to see.”

He was quoted to have stated, “As the world can see and understand, Nigeria’s situation is bad.

“The more the immorality and corruption of a nation, the more the nation sinks into chaos, insecurity, conflict, discord, division, disunity, depression, youth restiveness, confusion, violence and underdevelopment.

“That’s the situation mostly in Nigeria in the reign of Baba-go-slow and Emilokan. The failing state status of Nigeria is confirmed and glaringly indicated and manifested for every honest person to see through the consequences of the level of our pervasive corruption, mediocrity, immorality, misconduct, mismanagement, perversion, injustice, incompetence and all other forms of iniquity. But yes, there is hope.”

Obasanjo while copying from a short, classic treatise published in 1983, called ‘The Trouble with Nigeria’ by Chinua Achebe admitted that, “The trouble with Nigeria is simply and squarely a failure of leadership. There is nothing basically wrong with the Nigerian character. There is nothing wrong with the Nigerian land or climate or water or air or anything else. The Nigerian problem is the unwillingness or inability of its leaders to rise to the responsibility, to the challenge of personal example which are the hallmarks of true leadership.

“In hindsight, this forty-one-year-old prescriptive analysis on the root causes of Nigeria’s leadership crisis is quite moderate and appropriate. It is at least not as desolate as the diagnosis provided by Robert Rotberg and John Campbell, two prominent US intellectuals – the latter a former United States ambassador to Nigeria to boot: ‘Nigeria has long teetered on the precipice of failure,’ they argue.

“Unable to keep its citizens safe and secure, Nigeria has become a fully failed state of critical geopolitical concern. Its failure matters because the peace and prosperity of Africa and preventing the spread of disorder and militancy around the globe depend on a stronger Nigeria.”

Nigeria’s reforms not looking good – IMF

Presenting the IMF’s report at the Lagos Business School on Friday, IMF Deputy Director, Catherine Patillo, said the economic growth is expected to remain stagnant in Nigeria this year.

The report urged Nigeria to close the gender gap in a bid to improve its Gross Domestic Product (GDP), saying that could grow the GDP by 30 per cent.

The report said: “Resource-intensive countries (RICs) continue to grow at about half the rate of the rest of the region, with oil exporters struggling the most.

“Second, both domestic and external financing conditions remain tight. Third, the region has recently witnessed several episodes of political fragility and social unrest. Political and social pressures are making it increasingly challenging to implement policy adjustments and reforms.”

The IMF projected “significant increases” in Ghana, Botswana, Senegal and others, but said Nigeria was confronted with “adjustment fatigue” citing the double-digit inflation which is not backing down anytime soon.

“Inflation is still in double digits in almost one-third of countries, including Angola, Ethiopia, and Nigeria, and above target in almost half of the region, particularly where monetary policy is not anchored by exchange rate pegs.

“Significant increases are anticipated in Ghana, as it continues reestablishing macroeconomic stability; Botswana and Senegal, reflecting rising resource exports (diamonds, oil, and gas); and Malawi, Zambia, and Zimbabwe, as they recover from drought. Growth is also expected to improve in South Africa, given positive post-election sentiment and a reduction in power outages,” the report said.

It added, “In the face of popular frustration, there is also an opportunity to work to mobilize support for large, deep reforms, of the sort that, for instance, Ethiopia, Ghana, Kenya and Nigeria are pursuing.

“Realizing this opportunity requires rethinking reform strategies, to build and maintain pro-growth coalitions among constituent leaders and the general public. This will require greater attention to communication and engagement strategies, reform design, compensatory measures and rebuilding trust in public institutions.”

The report said the average economic growth rate in the region would remain at 3.6 per cent for the full year 2024, but Nigeria’s growth rate, put at 3.19 per cent, was below the average.

The IMF report also touched on the rising debt burden, saying debt service capacity is generally low.

“In almost one-quarter of countries, interest payments exceed 20 per cent of revenues, a threshold statistically associated with a high probability of fiscal stress. And rising debt service burdens are already having a significant impact on the resources available for development spending.

“The median ratio of interest payments to revenues (excluding grants) currently stands at 12 per cent. Some three-quarters have already witnessed an increase in interest payments (relative to revenue) since the early 2010s (comparing the 2010–14 average with the 2019–24 average). In Angola, Ghana, Nigeria, and Zambia, this increase in interest payments alone absorbed a massive 15 per cent of total revenue,” the report stated.

The reinstated Labour Party governorship candidate in Ondo State, Ayodele Olorunfemi, has bemoaned his failure to win Saturday’s election, blaming former Anambra State governor, Peter Obi, and the Nigeria Labour Congress for his predicament.

Governor Lucky Aiyedatiwa of the ruling All Progressives Congress was declared the winner by the Independent National Electoral Commission after sweeping the 18 local government areas in Ondo.

In the final declaration of the result by the State Returning Officer, Prof Olayemi Akinwumi, he said APC’s Ayedatiwa polled a total of 366,781 votes to defeat Agboola Ajayi of the PDP, who got 117,845 votes.

The Returning Officer said, “That Ayedatiwa Lucky Orimisan of APC, having satisfied the requirement of the law is hereby returned elected.”

Olorunfemi’s loss comes a few days after INEC returned his name on the ballot as LP flag bearer for the November 16 poll, following a ruling by the Court of Appeal.

Following weeks of suspense, Olorunfemi heaved a sigh of relief when the Court of Appeal in Abuja vacated an earlier judgment by the Federal High Court ordering the electoral umpire to recognise Obi’s anointed candidate, Olusola Ebiseni.

Reacting in an interview with The PUNCH, Olorunfemi vowed not to forgive the former LP presidential candidate and the NLC for the role they played in scuttling his Ondo governorship campaign.

When asked if he succeeded in having a last-minute door-to-door campaign with his supporters after winning his appeal, a saddened LP flag bearer confessed that his campaign for the election was neither here nor there.

He said, “I have Peter Obi and the NLC to thank for that. They have scuttled my aspirations and chances to win this Ondo election. These people spoilt things for us with that PDP reject they wanted to force on the party. Their insistence on having Ebiseni on the ballot ruined everything for me.

“They just capitalised on the crisis between the Labour Party and the Nigeria Labour Congress to create problems. Can you imagine that Ebiseni wrote a letter to the court in my name without my knowledge, saying I have withdrawn from the race? They cannot exclude me from such a position.”

While accepting that he knew his chances at the poll were slim after his reinstatement a few days to the poll, Olorunfemi vowed to get his pound of flesh.

The LP deputy chairman for South also threatened to petition police authorities to investigate how his name and signature were forged by Ebiseni and the NLC.

“Thank God we got an appeal judgment and my name is back in the INEC portal. The good thing here is that the truth has prevailed. Withdrawal must be voluntary. You cannot force someone to withdraw. What they have done was an attempt to force me behind my back.

“Again, it wasn’t the party that submitted it. It was the handiwork of the former President of the NLC and head of the National Transition Committee, Abduwaheed Omar. What they did is criminal.

“In fact, I am planning to petition the Inspector General of Police to probe how they wrote that letter, put my signature and presented it before the court. We will deal with that later. For now, we are still doing our underground work and doing our best for this election,” he stated.

When called to defend the allegation levelled against the workers’ union, acting Chairman of the NLC Political Commission, Prof Theophilus Ndubuaku, described Olorunfemi as a ‘very funny character.’

“He is one human being you should never take seriously. As a result of this crisis between us and Abure, Olorunfemi became the deputy to Abure and he was given the ticket. Before this election, he was a placeholder. So what did he do? He now started shopping for who would buy the ticket from him.

“In the process, they asked Ebiseni to pay N20m to get the ticket. He paid and even added another N5m which they claimed was for expenses. When they refused to give him the ticket, Ebiseni went to court. In retaliation, the Abure’s camp started working to ensure INEC didn’t upload his name because of the Kagaroo judgment they went to secure.

“The only challenge we have was that before the judgment, INEC had already given the code for uploading the names of agents to Olorunfemi. We know he would have uploaded the names of suspected APC agents there. We know he is obviously working indirectly for the APC.”

As of the time of filing this story, efforts to reach both Obi and Ebiseni for reactions were unsuccessful.

Organised Labour has called on President Bola Ahmed Tinubu to reverse policies on the floating of the national currency and rising energy costs, citing the need to reduce the economic hardship faced by Nigerians and businesses.

Naija News reports that the appeal was made in Ibadan, Oyo State, during the 6th Quadrennial and 13th National Delegates Conference of the National Union of Shop and Distributive Employees (NUSDE).

Speaking at the event, NUSDE President, Aminu Megbontowon, highlighted the significant challenges posed by the current economic policies.

“Nigerian workers and businesses are experiencing tough times due to some of the policies implemented by this government. The high cost of energy has severely impacted production, services, and workers’ welfare,” he stated.

Megbontowon criticized the soaring prices of petroleum products, which now exceed N1,000 per liter, and the increased electricity tariffs, which have risen from N68 to N227.

He emphasized that these costs are unsustainable for an oil-producing nation like Nigeria, especially when the purchasing power of its citizens remains alarmingly low.

He warned that the rising costs of production and living are driving many Nigerians into poverty, resulting in widespread job losses and the collapse of numerous businesses.

“Many factories are unable to sell their products, leading to redundancies and closures. This has a direct impact on our membership as workers lose their jobs daily,” he added.

The NUSDE President called for urgent government intervention, including the reversal of deregulation policies and the reduction of energy costs.

He also urged the President to end the devaluation and floating of the Naira, which has made imported goods and raw materials unaffordable.

“Nigeria’s economy needs cheaper energy, single-digit interest rates, and basic infrastructure to support production and services industries. The government must also embark on an ambitious industrialization plan to grow the economy,” he said.

Other demands include drastic cuts in electricity and petroleum product prices, affordable lending rates, and massive investments in infrastructure such as roads, refineries, schools, and hospitals to boost economic productivity and improve the quality of life for Nigerians.

Organised Labour has warned that failure to address these pressing issues could lead to further economic deterioration and increased hardship across the nation.

Former President Olusegun Obasanjo says Nigeria must appoint new, credible leaders for the Independent National Electoral Commission (INEC) with short tenure to prevent corruption and re-establish trust.

Obasanjo spoke during the Chinua Achebe leadership forum held at Yale University in New Haven, Connecticut, USA.

In his keynote address at the forum titled ‘Leadership failure and state capture in Nigeria,’ Obasanjo described the 2023 general elections as a “travesty”.

The former president said reforming the electoral system is a key issue for the country, adding that INEC officials need thorough vetting to prevent partisan appointments.

“As a matter of urgency, we must make sure the INEC chairperson and his or her staff are thoroughly vetted,” Obasanjo said.

“The vetting exercise should yield dispassionate, non-partisan actors with impeccable reputations.

“Nigeria must ensure the appointment of new credible INEC leadership at the federal, state, local government, and municipal—city, town, and village levels—with short tenures—to prevent undesirable political influence and corruption and re-establish trust in the electoral systems by its citizens.

“The INEC chairperson must not only be absolutely above board, but he must also be transparently independent and incorruptible.”

Obasanjo said Nigeria must prevent electoral interference at every level, protecting elections from foreign and local malevolent actors to safeguard democratic integrity.

He added that there should be an implementation of clearly defined financial regulations for political campaigns to ensure transparency and accountability.

“On the local level, we should implement and enforce clearly defined financial regulations for political campaigns and establish effective control and enforcement mechanisms to ensure compliance with financial regulations,” the former president advocated.

“And intensify activities to prepare and secure the voting infrastructure, such as safeguarding the technology used to collate, transmit, verify, and disseminate election results.”

Obasanjo alleged that INEC intentionally failed to utilise the bimodal voter accreditation system (BVAS) and election viewing portal (IReV) technologies during the 2023 presidential election.

“The BVAS and IReV are two technological innovations that, prior to 2023, were celebrated for their potential to enhance the accuracy and transparency of our election results, eliminate the threat of election rigging, and boost public trust in electoral outcomes,” he said.

“These technologies were touted by the INEC chairman himself. In the end, these technologies did not fail.

“INEC willfully failed to use or implement them, which resulted in widespread voting irregularities. It was a case of inviting the fox into the henhouse”