President Bola Tinubu will on Saturday, July 20, depart Abuja for Accra, Ghana to participate in the Sixth Mid-Year Coordination Meeting of the African Union (AU), the Regional Economic Communities (RECs), the Regional Mechanisms (RMs), and the African Union Member States.

In his capacity as the Chairman of ECOWAS Authority of Heads of State and Government, President Tinubu will address the meeting on the status of regional integration across various areas in Africa, highlighting the achievements and challenges encountered in West Africa since the last meeting in Nairobi, Kenya, in July 2023. 

The President and Chairman of ECOWAS will present the '2024 Report on the State of the Community', focusing on peace, regional security, governance, economic integration, humanitarian and social development, energy, mines and agriculture. 

The meeting will be convened under the AU theme of the year 2024: 'Educate and Skill Africa for the 21st Century.'

The Mid-Year Coordination Meeting was conceptualized in 2017 as the principal forum for the AU and the RECs to align their work and coordinate the implementation of the continental integration agenda, replacing the June/July summits. 

In July 2023, President Tinubu, who was then elected as the Chairman of ECOWAS, delivered his maiden speech at the AU Fifth Mid-Year Coordination Meeting in Nairobi, Kenya, where he affirmed Africa's strength and the need for unity. 

In Accra, the items on the agenda will include evaluating the AU's early warning and conflict prevention mechanisms and promoting cooperation among regional economic communities to accelerate integration.

A declaration will be adopted at the end of the meeting. 

President Tinubu, who will be accompanied by senior government officials, will return to the country at the conclusion of the meeting.

 

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity) 

rejects new Senate position

 

The ousted Senate Chief Whip, Mohammed Ali Ndume, has rejected the chairmanship of the Committee on Tourism offered him, saying he is not a tourist.

Ndume also said only his constituents, who elected him, can ask him to leave the All Progressives Congress, APC, for another party.

 

Furthermore, he lauded President Bola Tinubu on the N70,000 new minimum wage but said it was little compared to a 50kg bag of rice.

Recall that the National Working Committee, NWC, of APC had removed Senator Ndume (APC, Borno South) as Chip Whip over his comments on President Buhari.

However, reacting on Friday, the politician said he stood by his comments but had accepted his removal.

Tourism Committee chair

Ndume spoke to journalists at his residence in Maiduguri, Borno State capital, on Friday. He was home for the third day prayers for his late sister-in-law.

He said: “As for the Chairman Senate Committee on Tourism offered to me, I want to say that I am not a tourist and not good in tourism.

“As it is, I have spent over 10 years without going to any foreign countries. I have never been to the United Kingdom, UK. Even the United States of America which I went was when I was schooling there.

“I am happy; yesterday the President approved the minimum wage to N70,000 only. It is a good move. But the minimum wage is still minimal compared to a 50kg bag of rice which costs over N70,000.”

 

On his removal, he said: “I had wanted to react. But I was mourning. I now deem it feet to do so.
“I am a democrat and a realist, and someone who always says the truth no matter whose ox is gored.

“According to former US President, Mr. Theodore Roosevelt, and I quote ‘Patriotism means to stand by the country. It does not mean to stand by the president or any other public official, save exactly to the degree in which he himself stands by the country. It is patriotic to support him insofar as he efficiently serves the country. It is unpatriotic not to oppose him to the exact extent that by inefficiency or otherwise he fails in his duty to stand by the country. In either event, it is unpatriotic not to tell the truth, whether about the president or anyone else’.

‘I stand by my words’

Ndume continued: “Therefore, I have not regretted what I said during my interview with Arise TV. I thank all Nigerians who took to their social media platforms and groups who issued a press statement aligning with my statement regarding excruciating hunger and insecurity under President Bola Tinubu.

“Secondly, the NWC of our great party, APC recommended to the Senate that I should be removed, which they did, I took that as an act of God. Because it is God that gave me that mandate as Chief Whip.
“So I bear no grudges about what transpired. After all, I did not contest to be the Chief Whip or to be the Vice Chairman of the Appropriation Committee. Rather, I contested to be a senator representing southern Borno and the Federal Republic of Nigeria.

“So it is not that am desperate. I am over 64 years old now, and I thank God.

 

… on joining PDP

“On the advice(s) that I am free to join the Peoples Democratic Party, PDP, or any political party of my choice, I want to reiterate that, I am one of the Founding members of the APC.
“It is my people, my constituency and teaming supporters, that will decide for me whether to stay in APC, join another party or quit politics. Whatever their advice, is what I will work with.

“On whether I will take the matter to court, I want to say that, I will not go to court. I surrendered my case to Almighty Allah (God),” Ndume stated.

However, Ndume called on his supporters and teaming Nigerians to continue to pray for God to have mercy on the masses, restore peace in the land, and to remain calm and law-abiding always as things unfold.

Philip Shaibu, reinstated deputy governor of Edo, says he is now “an unofficial member” of the All Progressives Congress (APC).

Shaibu spoke in a chat with Arise TV’s Good Morning Show on Friday.

On Wednesday, a federal high court in Abuja ordered Shaibu’s reinstatement as deputy governor of Edo following his impeachment in April.

In his first public appearance after the judgment, Shaibu’s convoy was attacked in Benin City by suspected gunmen, with one police officer killed.

Shaibu, a member of the Peoples Democratic Party (PDP), was with Monday Okpebholo, the APC candidate for the September 21 governorship election in Edo, when the incident occurred.

Asked about his relationship with the APC governorship candidate, Shaibu said his “spirit” has left the PDP.

He added that he is “as good as being a member of APC” and “the only thing is that I have not officially left PDP”.

“For now, I am PDP. But going forward, if I declare for APC, it means that I have declared full support for Okpebholo,” Shaibu said.

“I am as good as being a member of APC, I can tell you that. I have two legs in APC. The only thing is that I have not officially left PDP. I am an unofficial member of APC. My spirit has left PDP.”

Shaibu was impeached after falling out with Godwin Obaseki, governor of Edo state.

The Nigeria Labour Congress (NLC) says President Bola Tinubu agreed to a N250,000 minimum wage proposal on the condition that the pump price of petrol would be increased.

Speaking in an interview with Channels Television on Thursday, Joe Ajaero, NLC president, said labour leaders rejected the president’s condition because it would exacerbate the current hardship.

On Thursday, Tinubu approved N70,000 as the new minimum wage for workers.

The approval was announced after Tinubu met with Ajaero and Festus Osifo, president of the TUC, at the presidential villa in Abuja.

 

The federal government will send a minimum wage bill to the national assembly next week.

Speaking on the development, Ajaero said labour leaders accepted the N70,000 offer because of the other benefits attached, and the three-year review period.

“Accepting N70,000 was the best way to make sure that we save Nigerians from further hardship,” Ajaero said.

 

“At the last meeting, the president brought a proposal that ‘I will give you guys N250,000, if you allow me to equally increase the pump price of petroleum products’ and we said no that we need to go and consult.

“Today, we went there to tell him ‘no’ and that the labour movement can make sacrifices without allowing Nigerians to suffer further on the increase of pump price of petroleum products.”

The NLC president said the current minimum wage regime became invalid on April 18, 2024, and that government will pay the arrears when a new wage regime kicks in.

BACKGROUND

 

Over the past few months, federal and state governments, organised labour, and the private sector have been negotiating a new minimum wage.

Initially, organised labour proposed N615,500 and N494,000 as the new national minimum wage, citing inflation and the prevailing economic hardship.

The federal government proposed N62,000, which was rejected.

The labour unions had insisted on N250,000 as the living wage.

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The federal government asked the labour unions to demand a more realistic and sustainable minimum wage.

On Thursday, the tripartite committee agreed on N70,000 as the new minimum wage.

Cement distributors in Lagos have stated that prices of the commodity might rise to levels seen earlier in the year during the next dry season when demand increases.  

A review of prices across major cement distribution outlets reveals that prices have remained stable in the past four months following intervention from the federal government and the National Assembly. The price of a 50kg bag of cement ranges from N7,500 to N8,200.  

Speaking on prices of the product, Ms. Halimat, a major cement distributor in Ikorodu said, “Now, we sell Elephant cement at N8,200 per bag and that’s the price for like two to three months now. No big difference between the price for Dangote and Elephant Cement for some time. I think it’s because of government intervention and the rainy season. Normally, demand is low during the rainy season as most construction work stops.”  

 

Ms. Halimat’s views were confirmed by Mr. Idowu, who not only sells cement but also general building materials. He said that although prices are stable now, they are expected to rise when the dry season comes, and construction work picks up.  

He said, “The drop in demand does not only affect cement but building materials in general but as construction works begin from maybe October or November, we’ll begin to see prices increases- that is how the market usually works but the one early this year was shocking and unexpected. I have been in this business for almost 20 years and I’ve not seen such a quick increase in cement prices. We have learnt now.”  

N8,000 cement prices are not still cheap 

However, another cement seller, Mr Enuwa disagreed that reduced demand for cement was due to the rainy season. According to him, reduced demand was caused by an increase in prices beyond the reach of average people to embark on large scale projects.  

He said, “N8,000 for 50kg of cement is not cheap and that is not a stable price. How many people can build a house or any project at that price? We were selling cement around N5000 per bag this time last year and it increased to around N12,000 but dropping to the current price, that is not stable.”  

He explained that the high prices of cement might deter developers from building at the regular full scale expected during the dry seasons.  

Speaking on the cement price projection for the dry season, an official of the Dangote Group who requested anonymity said there is no reason to believe the opinions of cement distributors on the projected price increase.  

According to him, prices are determined by different factors, not only demand, and it is difficult to project with certainty any increase in prices.  

In his words, “What the distributors are telling you is what they think. It doesn’t mean it will happen. I cannot say for certain what will happen to cement prices when the dry season comes. It depends on different factors, and we have no control over some.” 

Cement price increase earlier in the year 

In February 2024, Nairametrics reported a spike in the price of cement from around N5,000 for 50kg bag to over N10,000 sending panic waves across the construction industry. It took the intervention of the federal government to rein on manufacturers that saw prices drop to N8000 after deliberations between the federal government led by Minister of Works led by Sen. David Umahi.  

Prior to the hike, analysts at Cardinal Stone had projected that cement prices in 2024 would remain high due to the elevated inflationary environment, volatility in the foreign exchange market and high operational cost.   

Nigerian businesses have not had it good with the foreign exchange market in 2024. The naira started the year trading at under N1000/$ and closed the first quarter at N1309/$ despite exchanging for as high as N1600 on the official window during the quarter.  

The Cardinal report then diminished the likelihood of a price war between industry players in response to BUA’s price reduction in October 2023, stating that while it is slim, it is not impossible. It is worth knowing that in October 2023, the Chairman of BUA Group, Abdulsamad Rabiu stated his cement company will peg the price of cement at N3,500. The declaration proved to be mere lip service as neither developers nor distributors were able to buy at that price.  

Impact of cement price increase on the housing sector 

As hinted earlier by Mr. Enuwa, the cement distributor, the impact of the high cement prices could deter developers from starting new projects.

An earlier report by Nairametrics revealed that the 130% increase in building materials has stalled housing projects across the country with builders most hit due to the decline in jobs.  

Furthermore, the increase in building materials like cement has negatively impacted the real estate sector as developers face losses over an unprecedented increase in the cost of building materials which impacts the entire real estate development sector. 

[Nairametrics]

Former Vice President Atiku Abubakar has told the National Assembly to stop enabling the recklessness of the executive arm of government, following the Senate’s sacking of Senator Ali Ndume as Majority Whip for criticising President Bola Tinubu’s leadership.

Atiku, who also cited Senator Abdul Ningi’s suspension earlier this year over claims of budget padding, said the health of Nigeria’s democracy is being compromised by the unholy alliance between the executive and the legislature which portends to a dictatorship.

Recall that Ndume from Borno South Senatorial district was replaced with Senator Mohammed Monguno from Borno North as the Senate Majority Whip.

This decision was conveyed through a letter addressed to Senate President Godswill Akpabio, signed by the national chairman of the All Progressives Congress (APC), Dr Abdullahi Ganduje, and the national secretary, Ajibola Bashiru.

The letter, titled “Complaints Against the Unbecoming Utterances of Sen. Ali Ndume,” was read by Akpabio during the plenary session.

Atiku, while reacting to Ndume’s ordeal, said it is uncharitable for senators,  on the floor of the red chamber, to be immediately reprimanded for performing their statutory duty of calling the executive to order.

 

He said in the evolution of systems of government, the legislative arm of government was conceived as a means of protecting the people from the authoritarian tendencies of wielders of state powers by ensuring the executive does not go overboard in the application of its powers.

The 2023 presidential candidate of Peoples Democratic Party (PDP) said, “Regrettably, however, the democracy in Nigeria in the current administration of President Bola Tinubu has become an anathema to that general principle of democracy as providing primary protection for the people against executive excesses.

“This ugly tendency is being manifested by the steady posturing of our National Assembly, especially the Senate, of taking a reverse course in its core function and becoming a puppet in the hands of the President.

“It is uncharitable that whenever members of the Senate stand on the floor of the red chamber to perform their statutory duty of calling the executive to order, they are immediately reprimanded for doing so.

“When Senator Abdul Ningi called attention of the country to the incident of budget padding in the 2024 Appropriation bill, rather than calling for a thorough investigation into the observation, the reaction of the Senate was to hand him a suspension.”

He added that Nigerians became victims of an ambiguous budget framework upon which appropriations for the current fiscal year are hinged in the face of multiplicity of appropriations.

“Only yesterday, Senator Ali Ndume called for the President to wake up to his responsibilities and provide succour to address the biting hunger and poverty in the country. Ironically, the response of the @NGRSenate to his patriotic warning is to relieve him of his principal office as the Chief Whip of the Senate.”

Atiku said despite persistent solicitations for government to put its priorities on canceling the excruciating hardship in the land and suspend plans of spending scarce resources on the purchase of new aircraft for the presidential fleet, “the Senate took a stand against the people and ignored the voices of altruism by decorating the President with controversial purchases of an aircraft and a yacht amidst the worst material conditions of the average citizen in the history of our country.”

The former Vice President added, “We are, therefore, beginning to see a pattern in which the National Assembly has become an enabler of executive recklessness, and the concerns of the people stand in the nadir of priority list of the legislature.

“This emerging reality must stop. The health of our democracy is being compromised by this unholy alliance between the executive and the legislature and portends a dictatorship that will worsen the lot of the people,” Atiku said.

[Leadership]

Tragedy hit the University of Ilorin as some yet-to-be-identified students and a shuttle driver got involved in a fatal auto crash at the school’s main gate, which led to the death of a student.

PUNCH Metro gathered on Thursday that it was a lone accident and the victims were passengers of the campus shuttle.

In a 23-second video obtained by our correspondent, it was observed that a white mini bus (Korope) involved in the accident was upside down and a female passenger was lying and bleeding on the floor. Some Good Samaritans were also making efforts to rescue the students entrapped in the vehicle.

Confirming the incident, the spokesperson for the Kwara Police Command, Adetoun Ejire-Adeyemi, stated that a student died, while other students including the drivers are receiving medical treatment at the University of Ilorin Teaching Hospital.

 

Ejire-Adeyemi said,” The bus driver was conveying students out of the school premises, just at the exit lane close to the school gate, apparently he lost control and the vehicle somersaulted while on the motion.

 

“Unfortunately, one student lost her life, and other passengers sustained different injuries but they are presently receiving treatment in the university hospital. The shuttle driver is also receiving treatment.”

In a post made on X.com by the UNILORIN Students Union @UiLStudentUnion, it was disclosed that the victims are at the healthcare facility for medical attention.

It reads, ”Excellent Unilorites, please be informed that the victims of the unfortunate incident are currently receiving treatment in the Intensive Care Unit. Please disregard any other information at this time. Further updates will be provided as necessary.”

Efforts made by our correspondent to contact the UNILORIN Students’ Union President, Joseph Ologundudu, and Public Relations Officer, Oluwatobi Atolagbe, proved abortive as they did not respond to calls as of the time of filing this report.

[Punch]

Airlines’ operations in countries like Singapore, the United States and Australia have been disrupted due to a major global cyber outage affecting services.

The massive information technology (IT) outage, which began in the early hours of today, also affected banks and media outlets.

More to follow…

[TheCable]

Yobe State Governor, Mai Mala Buni, has charged Nigerian youths in the North East region to shelve any plan of embarking on another round of protests, saying such a move would be dangerous and counterproductive.

The governor, through his Senior Special Assistant, Digital and Strategic Communications, Yusuf Ali, also charged the youths with the responsible use of social media in shaping positive narratives about the state and the country.

Buni gave the charge during the launch of the Ethical and Re-Orientation Campaign (Operation Gyaran Hali), organised by the Ministry of Religious Affairs and Ethical Re-Orientation in Damaturu.

 

He said no Nigerian youth, especially from the North East part of the country, in his right senses will stage a protest that will disturb the hard-earned peace that people are enjoying in the North East after years of Boko Haram insurgency.

He added that the North East part of the country was yet to recover from the impact of the deadly Boko Haram insurgency, which has left the region in ruins with millions of people’s lives and property worth billions destroyed.

“We all have not forgotten what we have gone through during the dark days of the insurgency. Only those who have no senses will pray to go back to those years when people were running for their dear lives not to talk of what to eat,” Buni said.

According to him, another round of protests will worsen the already precarious security situation and economic hardship currently bedevilling the North East region and country.

The governor said his administration has taken bold steps in training youths on the responsible use of social media and providing tools for them to key into the digital economy.

He noted that the Yobe State Information Technology Development Agency, YITDA, is also working to engage more youths in its drive to provide digital skills to the people.

The governor called on traditional rulers, religious leaders, and parents to rise to the responsibility, of rebuilding the eroding culture of discipline, decency, and righteousness in the youth for a better future.

The Organised Private Sector, OPS, has reacted to the new N70,000 minimum wage adopted by the Federal Government.

DAILY POST had reported that President Bola Tinubu on Thursday approved N70,000 minimum wage for Nigerian workers, with a promise to review the national minimum wage law every three years.

Reacting, the spokesperson of OPS, and Director General of the Nigeria Employers’ Consultative Association, NECA, Adewale-Smatt Oyerinde, warned that members cannot pay the N70,000 national minimum wage announced by the Federal Government without support. 

He was quoted as saying: “While we commend the President for putting to rest the immediate issue of the National Minimum Wage, we also note, most importantly, his commitment to support the sub-nationals and the organised private sector to pay the new wage.”