Strong indications have emerged more Nigerians may relocate from the country in 2023 and beyond as the nation’s socio-economic conditions worsen, and hope remains bleak.

This came on the heels of the recent removal of fuel subsidy, further depreciation of the naira, impending increase in electricity tariff, and the introduction of Value Added Tax on diesel amid an already battered economy.

The Nigerian economy has been exposed to numerous economic shocks in recent times and this has led to a surge in the number of Nigerians leaving the shores of the country in search of greener pastures overseas.

Multiple travel agency officials confirmed to The PUNCH on Friday that ticket booking showed several Nigerians would leave the country during this summer.

According to them, several intending travelers are relocating to London, Canada and the United States of America via study route while others are leaving to take up new jobs in the Western countries.

The National Chairman of the National Association of Nigerian Travel Agents, Susan Akporiaye, confirmed to The PUNCH that there has been a massive increase in the number of Nigerians travelling outside the country lately.

According to her, most travel bookings have ranged from Nigerians looking to relocate for educational to professional reasons.


Susan said, “A lot of countries, especially Canada, have made it clear that they need more hands. There is a crisis in the UK, where they don’t have enough hands to take care of the elderly. So, they opened up that they want caregivers. So, there is a massive movement in that angle, for caregiving. So this has contributed to a large number of people who want to migrate.”

The Founder of Travels N Tours, Biola Abimbola, said more people were leaving Nigeria than ever before.

He said, “Yes. More people want to travel now because the state of the economy is bad and the youths are looking for where there are opportunities, especially the middle class. The problem is that more people are leaving than ever before.”

Relocation plans

One of the Nigerians seeking to relocate abroad, who spoke to The PUNCH, said, “Not having a job is what is motivating my Japa. I am leaving for a better chance of finding work.”

The lady, who only gave her name as Doyin because she didn’t want her name in print, stated that she was set to proceed to the United States later this month to find better work and improve her life.

She added, “The day I went for my visa interview, there were about a hundred people there.”


A customer care representative with Sterling Bank, Chiamaka Steven, who is set to move to the United Kingdom by the end of the year told The PUNCH that the decision to leave Nigeria was inspired by the high cost of living and a dwindling standard of living in recent times.

She said, “You don’t need to look very far. Look at inflation. Look at the high cost of living and the low standard of living.

“Also, even if they pay you N1m today, in the next ten years, they will employ another person who is younger than you to replace you. They know that your clock is ticking. So, it’s better I save what they are paying me, and use it to Japa instead of waiting for them to tell me that my services are no longer needed.”

Victor Thompson, an Uber driver who recently had his application for temporary residence in Canada approved, said the present cost of living crisis was a major factor that influenced his decision to leave Nigeria.

According to him, the e-hailing business has become unprofitable. He said, “I bought fuel N15,000 yesterday and it was just a half tank. Before the removal of fuel subsidy, I needed about N12,000 to N13,000 to fill my tank.

“I worked yesterday and made about N31,000 but the fuel finished and got to reserve. I had to go and buy another N15,000 fuel today. I have just closed from work. I made N20,000.

“This my Japa plan started before Covid in 2020, but I abandoned it. But with everything that is happening now, I started pursuing it more seriously, and thank God there’s headway now.”


A senior lecturer in a private university who pleaded to be quoted anonymously revealed to The PUNCH that he has relocated his family to the UK and would be joining them soon.

He said, “My family is no longer in this country. I took them out of the country last month. So, as we are speaking, I am planning to leave.

“The truth is that things are quite unbearable for people, and when things are unbearable, people will want to go to climes or environments where they can have a better life. My family is in the UK as we speak. I have a very big house here and I’m relocating into one small two-bedroom apartment in the UK. The tendency is that when people leave, they know that there is going to be better security, healthcare, and education.”

Poor economic growth

Data obtained from the National Bureau of Statistics and the Central Bank of Nigeria showed that Nigeria was struggling with poor economic growth.

The Gross Domestic Product growth has hovered below five per cent, The PUNCH has learnt.

The World Bank recently warned that Nigeria’s economic growth was too slow to address the challenge of extreme poverty in the country.

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Meanwhile, the bank retained its economic growth forecast of 2.8% for Nigeria in 2023, citing challenges of high inflation, foreign exchange shortages, and shortages of banknotes caused by currency redesign.

The PUNCH also observed that the country has been battling with rising inflation, which has led to a decline in consumers’ purchasing power.

Data from the NBS put the inflation figure at 11.61 per cent in May 2018, but this has increased by 10.8 percentage points, hitting 22.41 per cent in May 2023, which was the most recent data.

In its December 2022 Nigeria Development Update, the World Bank said that inflation pushed five million Nigerians into poverty between January and October 2022.

During his presentation of the reports, the World Bank Lead Economist for Nigeria, Alex Sienaert, noted that the Nigerian minimum wage, which was worth N30,000 in 2019, could be valued at N19,355 today.

In the June 2023 Nigeria Development Update, the World Bank said that the accelerating inflation pushed an additional four million Nigerians into poverty in the first five months of 2023.

This means that between 2022 and 2023, not less than nine million Nigerians have been pushed into poverty as a result of inflation.


The NBS recently stated that 133 million Nigerians are multi-dimensionally poor. According to the World Bank, Nigeria’s GDP only grew by 1.1 per cent between 2015 and 2021 and it would take about a decade for Nigeria to return to the level of GDP per capita seen in 2014.

Amid the rising poverty, a number of Nigerians are still unemployed, according to available data.

The NBS put the unemployment figure at 23.13 per cent in Q3 2018, and by Q4 2020 (which was the most recent by the NBS), the unemployment rate was 33.28 per cent.

The NBS, despite stating that it would release an updated figure in May 2023 has failed to release any new unemployment figure since 2020.

New policies’ challenges

However, the new administration has introduced a number of policies, which have had a significant impact on many Nigerians.

Such policies include the removal of fuel subsidy and the unification of multiple exchange rates.


Since President Bola Tinubu affirmed the removal of fuel subsidy, the price of petrol has risen from less than N200 per litre to almost N500. Also, since the CBN adopted a more market-friendly foreign exchange regime, the naira has lost about 40 per cent of its value, falling from about N463/dollar to N750/dollar.

The increase in the price of petrol has boomeranged into an increase in the cost of food, other goods and services. Since Nigeria is an import-dependent country, the devaluation of the naira has led to further hardship for many Nigerians.

The World Bank has disclosed that 7.1 million Nigerians would become poor because of the removal of subsidy if the government doesn’t provide palliative.

According to the bank, this would take the total number of poor Nigerians in the country to 100.9 million. It noted that many households would lose N5,7000 per month from their income.

World Bank said, “Petrol prices appear to have almost tripled following the subsidy removal. The poor and economically insecure households, who directly purchase and use petrol as well as those that indirectly consume petrol, are adversely affected by the price increase.”

It added, “Among the poor and economically insecure, 38 percent own a motorcycle and 23 percent own a generator that depends on petrol. Many more use petrol-dependent transportation. The poor and economically insecure households will face an equivalent income loss of N5,700 per month, and without compensation, an additional 7.1 million people will be pushed into poverty.”

The hardships have fuelled a situation where more Nigerians are planning to leave in 2023 and beyond as inflation rose to 22.41 per cent as of May 2023, a 17-year high.


This is coming as purchasing power decreases, and a cloud of uncertainty hovers over the Nigerian economy.

Studies reveal

A recent survey by the Africa Polling Institute revealed that 69 per cent of Nigerians would relocate if given the opportunity. A 2023 report by Phillips Consulting disclosed that over 52 per cent of professionals in Nigeria are contemplating leaving their current jobs for opportunities overseas within the next year.

It stated that this is due to market uncertainty, inflation, digitisation acceleration, changes in consumer behaviour, increased operational expenses, and complexity.

According to SAP research, 80 per cent of Nigerian companies expect to experience a skills gap in the next year. Rising unemployment, which is predicted to hit 40.6 per cent in 2023 according to KPMG will be a large contributor to this.

Medical professionals leave

The President of the National Association of Nigeria Nurses and Midwives, Michael Nnachi, recently told The PUNCH that over 57,000 nurses migrated from Nigeria between 2017 to 2022.


He noted that this had led to a dire outlook for health professionals. He said, “But if you’re looking at the statistics of Nigeria, it is one nurse to 1,660 patients, looking at the population of Nigeria.”

The PUNCH report recently stated that 6,068 medical doctors moved to the United Kingdom between 2015 and 2022.

The report disclosed that +the number of migrating doctors increased by 375.1a per cent from 233 in 2015 to 1,107 in 2022. Data obtained from the Higher Education Statistics Agency of the UK by The PUNCH, disclosed that 128,770 Nigerian students enrolled in universities in the United Kingdom between 2015 to 2022.

In 2022, the number of dependents (i.e. spouse/family relations of migrating students) increased to 66,796 from 27,137 in 2021. Yearly, these Nigerian students and their dependants in the United Kingdom contribute about £1.9bn to the UK economy, according to an analysis by SBM Intelligence.

Par another The PUNCH report, about 28,358 Nigerians received invitations to apply for Canadian permanent residency from 2015 to 2021. The Nigeria Immigration Service recently announced that it issued 1.83 million passports between 2020 and 2021.

According to the Executive Director of Adopt A Goal Initiative, Mr Ariyo-Dare Atoye, the rising number of Nigerians obtaining passports was connected to the high emigration rate caused by the harsh economic realities and security challenges in the country.

He told The PUNCH in a recent interview, “Numbers don’t lie.”

 

COST OF LIVING CHART


He added, “Check the statistics of the Nigerian Medical Association and see how many doctors have left in the last two years.”

Banking sector suffers

Every sector of the economy has been hit by the Japa wave, and one of the most glaring effects of this wave has been the increasing number of failed electronic transactions in the banking sector. A massive brain drain in this industry, particularly in IT departments, has frustrated the digital plans of many banks.

A Bloomberg report, quoted the Chief Executive Officer of Sterling Bank Plc, Abubakar Suleiman, “So many of our very experienced talents especially in the area of software engineering are either leaving the industry or leaving the country.”

An IT professional in one of the tier-one banks confirmed to The PUNCH that banks are losing their best hands to the Japa movement.

He said, “People just want to leave because of the economic situation of the country, The banks are trying in terms of increasing salaries to keep staff. Basically, every September and January, we have people leaving in droves. Last January, my department, the technology unit, lost about 20 of our best hands. It is much.”

Recently, the Country Manager of Tek Experts Nigeria, Olugbolahan Olusanya, disclosed that many banks are now relying on outsourcing talents to fulfill their IT needs.


The Co-founder and Chief Operating Officer of truQ, Foluso Ojo, noted that it is easier for tech talents to get global opportunities than others.

She told The PUNCH, “Since the inception of the Japa boom, it is easier for tech talents to get global opportunities than any other skill set.”

She added, “The tech sector is not left out of the negative impact of people leaving, what we really need to do is create opportunities for more people to be able to learn, create more STEM courses for people to learn.”

She explained that the people leaving are also contributing to remittances and improving the country in their way.

Experts react

According to an economist at the Olabisi Onabanjo University, Prof. Sheriffdeen Tella, the purchasing power of the average Nigerian household has been negatively impacted by the recent economic reforms because no buffers have been provided to mitigate the consequences of the decisions.

Tella stated that given the harsh economic environment in the country, the proposal to increase electricity tariffs as well as introduce new taxes was ill-timed and would consequently impoverish more Nigerians.


He told The PUNCH, “The fact is that the government has to think of what to do to make sure that the effect is not prolonged.

“They should start thinking of what to do immediately and in the long run. If we say the government should start giving people more money, if there is no production, the money will worsen inflation.

“We pay a lot of taxes in this country. I don’t believe that the government should be looking for ways to tax the common people now. It is not the proper thing to do.”

He warned that if deliberate and intentional efforts are not taken to address the economic hardship in the country, more Nigerians would be motivated to seek greener pastures outside the shores of the country.

On his part, the Head of Economics Department at the Pan-Atlantic University, Lagos, associate Professor Olalekan Aworinde, noted that while the recent economic reforms of the government have been a necessary evil that could benefit the economy in the long run, measures ought to have been put in place to contain the hardship that would follow in the immediate aftermath of these reforms.

According to him, with more people being pushed into the poverty net, there is a high likelihood of an increase in unemployment which could further worsen social vices such as armed robbery and other forms of organised crime.

He said, “Of course, the situation will affect the expenditure pattern of Nigerians. If you look at someone who is a fixed-income earner who was earning the same salary before all these policies are made. There are no palliatives. The cost of living is on the increase. The implication of this is that it will drive down their consumption expenditure.


“Once their income does not increase and the prices of goods and services are increasing, it means that they will have to reduce their consumption to manage the little resources at their disposal. We are going to see a situation whereby the level of consumption expenditure, for the consumers and organisations as well. You’ll find out that the expenditure for the firms, which is investment expenditure, is also going to reduce.”

The Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Muda Yusuf, lamented the hardship that Nigerians are currently facing due to the fallout of the removal of fuel subsidy.

He urged the government to reverse some of its newly introduced tax measures as this would further exacerbate the hardship of the citizens.

He said, “They should reverse this new vehicle tax, this proof of ownership tax that they announced because these things can even provoke the citizens.

“They also said they want to start taxing the informal sector. All these things should be put on hold because there is only so much sacrifice that the citizens can make at a time; because whether you like it or not, this fuel subsidy situation is really biting hard. It is affecting a lot of people, especially the vulnerable people.”

Recently, a member of the House, Philip Agbese, moved a motion titled, ‘Need to Declare Emigration of Young Nigerians Abroad A.K.A Japa Syndrome a National Emergency,’ and urged the government to “convene a national summit with key stakeholders to effectively address the ‘Japa Syndrome.’

He said, “The House is concerned that the growing statistics of young Nigerians leaving Nigeria… portends a grave danger for our nation in many ways from economic to intellectual and social aspects.”

The house has since voted against the motion.

Last modified on Monday, 10 July 2023 07:18

Ayodele Fayose, former Governor of Ekiti State and Chieftain of the Peoples Democratic Party (PDP), has disclosed that he worked for the candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu during the last presidential election.

According to Fayose, he chose to work against his party’s standard-bearer, Atiku Abubakar, because “PDP has not been fair to me”.

The former Ekiti State Governor said this while appearing on Channels Television’s Sunday Politics programme, stating that he worked for the victory of the APC and its candidate, Bola Tinubu, in Ekiti in the last general elections.

“I never worked for PDP during the last election. I cannot work for two people at the same time,” he said.

“The reality is that I worked for Asiwaju (Tinubu). He is a respectable person from the South-West. It is the time of the South,” he added.

A yet-to-be-identified man has died of electrocution while vandalising a transformer in Ogbe Quarters, Ute- Okpu community, in the Ike North-East Local Government Area of Delta State.

PUNCH Metro gathered that residents in the community raised the alarm when they saw the corpse of the man hanging on an electric pole and cables located close to a market in the community.

A resident, simply identified as Mr John, told our correspondent, a yet-to-be-identified boy was on his way to a nearby community when he saw the corpse on the pole and raised the alarm.

John said, “We were alerted by a young boy who was going to the next village that a dead body was hanging on the electric pole. We have been indoors since morning because of the rain that kept us in our beds.

“We didn’t go anywhere due to the rainfall. Even though we came out to our frontage, we did not notice the lifeless body of the young man hanging there. The corpse was holding an electric cable, which means that he was cutting the cable.

“For some time now, we didn’t have a power supply but the BEDC restored power around 3am; only God knows what happened. We alerted the vigilance members in this area and they informed the police before the corpse was brought down.”

The state Police Public Relations Officer, DSP Bright Edafe, on Sunday confirmed the incident.


He said, “Yes, it is confirmed. The young man is a vandal and unfortunately, he was electrocuted.”

In desperate move to ensure stability in the 10th Assembly, the leadership of the Senate and House of Representatives have conceded 50 per cent of the chairmanship slots of various committees in the two chambers to lawmakers elected on the opposition platforms.

Consequently, major opposition platforms, especially Peoples Democratic Party (PDP), Labour Party (LP), New Nigerian Peoples Party (NNPP) and Young Peoples Party (YPP) are to pick 50 per cent of the chairmanship positions of the various committees, leaving the governing All Progressives Congress (APC) with the remaining 50 per cent.


LEADERSHIP gathered that Senate President Godswill Akpabio and Speaker of the House of Representatives, Tajudeen Abbas, had allegedly sealed a deal with the opposition lawmakers on getting half of the committee chairmanship slots ahead of their elections on June 13.

Findings further revealed that the deal had been reaffirmed at subsequent meetings between the leadership of the two chambers and the leadership of the minority caucus after the June 13 inauguration of Akpabio and Abbas.

It was gathered that the sharing formula would touch on the various categories of committees, designated as Grades A, B and C.

Last Wednesday, minority leader of the House of Representatives, Hon Kingsley Chinda, told members of the minority caucus at a meeting within the National Assembly Complex that Abbas renewed his commitment to honour the deal.

He said the Speaker conceded to the agreement in his recent meeting with the helmsman of the House.


LEADERSHIP gathered that the move was meant to serve as a measure of reward for the support from the opposition lawmakers and also to provide stability valves for the new leadership.

It was learnt that the 50-50 arrangement was also meant to douse palpable tension in the National Assembly, especially in the Senate where Akpabio battled strong and fierce opposition to emerge.

But despite the lofty goals projected by the promoters of the idea, LEADERSHIP learnt that it is creating discomfort and disquiet in the APC, especially in the majority caucus of the Senate and House of Representatives.

Findings by this paper revealed that Senators and members of the House elected on the platform of the APC were not comfortable with the sharing formulae which placed their fate at par with their counterparts elected on opposition platforms.

Protesting the development in a chat with our correspondent at the weekend, an APC Senator who did not want his name in print fumed: “The leadership of the Senate and House of Representatives have conceded 50 per cent of the chairmanship seats in both chambers to our colleagues elected on the platforms of the various opposition platforms.


“The leaders of both chambers, Senator Godswill Akpabio and Speaker Tajudeen Abbas, had this arrangement with the opposition lawmakers before their elections.

“We thought it was just a gimmick to lure the opposition lawmakers to vote for them before the election but surprisingly Senator Akpabio and Rt. Hon. Abbas has at different meetings with the opposition caucus after their elections, renewed their commitment to honour the agreement.”

The implication, according to the aggrieved lawmaker, is that opposition lawmakers will have 50 per cent of the chairmanship slots allocated to them, while those of the governing party will have the remaining 50 per cent to jostle for.

He continued: “This arrangement cuts across all categories of committees. It means APC will share grades A, B and C committees with them at equal proportion. It is an unfair arrangement to those of us from the ruling party.

“How can APC lawmakers share these slots at par with their colleagues in the opposition parties? It’s never done and this is unprocedural. They are not even reserving a substantial number of the grade A (juicy committees) committee for those of us from in the ruling party.

“Even if we agree with them that such moves can help to ensure peace and stability in the Senate and House, the sharing shouldn’t have been at equal proportions. What do we enjoy as a ruling party? If the reverse was the case and the APC lost in the February 25 presidential election, are they saying either PDP or LP, which are strong contenders in the race, would have shared the chairmanship slots in the National Assembly with the elected APC members equally?

“The answer is no. Our leaders are just bothered about their interests – how to preserve their exalted seats. They are not bothered about the interest and survival of APC. What happens when you load the opposition parties with juicy and grade A committees? It means we are strengthening the opposition parties to clip the wings of and cripple the APC at various constituencies.

“They are ultimately plotting the weakness of APC. Quite honestly, members of the majority caucus in both chambers are grumbling and disenchanted about this arrangement. The leaders are surely and assuredly setting a stage for crisis in the National Assembly because we are going to resist any attempt to weaken APC as a ruling party”.

Also, an insider at the meeting hosted by Chinda told LEADERSHIP that the representative of Obio/Akpor federal constituency in the House gave a detailed account of his recent meeting with Abbas at the forum.


Aside from the information provided on the sharing formulae of the 50 per cent of the chairmanship of the committees in favour of the caucus, our sources quoted Chinda as disclosing that all members of the House, with the exception of those to be appointed into the appropriation committee, would be appointed as chairman and vice chairman of the various committees in the House.

Chinda, according to one of our sources, also hinted that all “parliamentary friendly bodies” in the House would be upgraded to committee status to pave the way for the creation of additional chairmanship slots.

The source who pleaded that his name should not be mentioned in print said, “The minority caucus met at Room 304 in the National Assembly complex shortly after the plenary on Wednesday, during which our minority leader, Rt. Hon. Kingsley Chinda, briefed us about the recent developments in the House, especially his recent meetings with the Honourable Speaker, Rt. Hon. Tajudeen Abbas, as it affects our wellbeing and the fate of the members of the minority caucus in the scheme of things.

“First, Hon. Chinda implored us to put our house in order. He said the minority caucus should work in harmony with the government for things that are good and in the public interest. He stated that the leadership of the House had no choice than to carry every member along since there was no contest in the election of June 13th. Consequently, since everyone voted for him, Mr Speaker has offered to carry everyone along.”

Another of our sources who spoke on condition of anonymity said, “Hon Chinda further disclosed to us at the meeting that Mr Speaker told him that the chairmanship slots of the various committees would be shared in equal ratio between those of us elected on the platform of the opposition parties and the ruling APC.

“That it will be 50 per cent for the majority of APC and 50 per cent for the minority. That was his promise to us before we supported his election and we are glad that he has renewed that commitment and expressed his readiness to keep that promise.

“The minority leader also said that every 360 members, excluding those to be appointed into the appropriation committee, will either emerge as chairman or vice chairman in the emerging dispensation in the House. Clearly, he said anyone who finds himself in the appropriation committee will not serve as chairman or vice chairman in any other committee.

“He said the elimination of members of the appropriation committee, which is a major grade A committee, is meant to create opportunities for more members to emerge as either chairman or vice chairman of the various committees.


“To further brighten the chances of more members to clinch either chairman or vice chairman of a committee, all parliamentary friendly bodies, including inter-parliamentary, are to be upgraded to committee levels, primarily to satisfy everybody”.

Meanwhile, Chinda neither picked calls to his cell phone nor responded to messages sent to his phone in order to secure his reaction to the report.

Expectations on the ministerial list have heightened as President Bola Tinubu clocks over 40 days in office, PUNCH reports


By law, Tinubu is required to name his cabinet within 60 days after taking the oath of office on May 29 and transmits it to the Senate for confirmation.


With less than 18 days to submit his cabinet list to the National Assembly as recommended by the constitution, lawmakers and other Nigerians are anxiously waiting for the list of ministers who would help to deliver the President’s renewed hope agenda.


Multiple NASS Assembly sources said the federal parliament was awaiting Tinubu’s ministerial list, with some expressing worry over the delay.

The lawmakers, who chose to speak on condition of anonymity to avoid possible backlash, said they did not expect a further delay in the list.

Meanwhile, The PUNCH confirmed on Sunday evening that the Economic and Financial Crimes Commission, Department of State Services, and some security agencies were on the verge of completing their mandatory checks on the list.

It was gathered that the Department of State Services and members of the Presidential Strategic Team were running final checks on the people who had been listed as possible ministers.

Multiple Presidency sources said the list would be released very soon.

Meanwhile, Hon. Alex Egbona, Deputy chairman, House Committee on Petroleum Resources (Downstream) in 9th Assembly, said that the President was still within the timeframe, unlike before when there were delays.

He hopes that the president will submit this Tuesday or upper Tuesday.

Also, Hon Ugochinyere Ikenga, a member of the House of Representatives from Imo State, said Nigerians were worried but believed that the President would send the list soon.

He also said he believed it would not be like the past when ministers were appointed after six months.

Meanwhile, a former Chief of Staff to the former Imo Gov. Rochas Okorocha, Mr Uche Nwosu, has advised President Bola Tinubu, to ensure that his ministerial list is made up of 60 per cent of technocrats from the private sector and 40 per cent of politicians.

He gave this advice during a virtual news conference on Sunday in Abuja. He noted that this would ensure a productive and vibrant cabinet.

He said, “What I expect from Mr President is to ensure the nominees are people that have competence, character, patriotic, with no atom of nepotism.”

Nwosu added, “We believe that we would have ministers who will represent Nigeria and not ministers who are coming to say they are ministers representing their states.”

He further stated that Nigeria has many competent individuals residing in the country that could serve as ministers, but those in Diaspora could also make the list.

He said, “We have a lot of competent Nigerians residing in Nigeria that can do the work of a minister in different fields and there is nothing wrong in having a former governor occupy a ministerial post if he has done well.

“I don’t see anything wrong in that, and also if Mr President wishes to add people in the Diaspora to his ministerial list, there is nothing wrong in that also.”

Also, the United Nations Women Country Representative to Nigeria and ECOWAS, Beatrice Eyong, has called for 50 per cent women representatives in the ministerial list.

She said this during the maiden edition of ReportHer Awards, in Lagos, said, “We are advocating 50 per cent women representation in public offices as President Bola Tinubu prepares to release names of ministers and heads of agencies and parastatals of the government.

She said, “We call on the President to make this a reality. We are partnering with the media in order to achieve the sustainable development goals because if gender equality and women empowerment are not achieved, we are never going to achieve the Sustainable Development Goals and reduce poverty.”

This came as the Federal Government drew up a list of 41 confidential secretaries that would work with the federal cabinet members at the various ministries.

The list of the confidential secretaries on Grade Levels 13 to 14, which was compiled by the Head of Service, Folashade Yemi-Esan, has been sent to the security agencies for screening and vetting.

Though the President has appointed some Special Advisers and new service chiefs, Nigerians expected him to announce the Federal Executive Council members without much delay in keeping with his promise to hit the ground running from day one.

But speculations have been rife about the identities of the ministerial nominees with bookmakers making permutations about possible appointees.

In response to the speculations and anxiety sparked by the delay in announcing the ministers, Tinubu’s Special Adviser on Special Duties, Communications and Strategy, Dele Alake, told journalists last week that the list of ministers would be unveiled soon.

He said, “About the ministerial list, the simple truth is this is an executive presidency. We’re not running a parliamentary system. So the President, the bucks stop on his table, and he decides when it’s fit and proper for him to make his cabinet list.”

However, in readiness for the unveiling and resumption of the ministers, the FG has posted the confidential secretaries to various ministries where they are expected to work with the ministers whose names would be sent to the National Assembly for screening any moment now.

The memo with reference number HCSF/CMO/CPA/908II/101 exclusively obtained by our correspondent on Sunday revealed that 41 confidential secretaries have been chosen by the Federal Government to serve in the offices of ministers.

The circular dated July 5, 2023, noted that the secretaries will resume latest July 11, 2023.

It was titled, ‘Posting of Confidential Secretaries (SGL 13-14) in the pool of the Office of the Head of the Civil Service of the Federation’ and signed on behalf of the HoS, Yemi-Esan, by the Permanent Secretary, Career Management Office, Dr Marcus Ogunbiyi.

The memo was addressed to the Chief of Staff to the President, Femi Gbajabiamila; the Secretary to the Government of the Federation, George Akume; all permanent secretaries, the Department of State Services and the National Drug Law Enforcement Agency.

It was also copied to the service chiefs and the Inspector- General of Police, the Governor, Central Bank of Nigeria and the chairmen of the Independent Corrupt Practices and Other Related Offences Commission; Economic and Financial Crimes Commission; Code of Conduct Bureau; Police Service Commission and Federal Character Commission.

Others who were also notified included the chairmen of Revenue Mobilisation, Allocation and Fiscal Commission; Independent National Electoral Commission, National Population Commission; Federal Inland Revenue Service, Clerk of the National Assembly, among others.

A list attached to the memo said 13 of the secretaries had been posted to the ministries of works and housing, youths and sports development, education, industry, trade and investment, humanitarian affairs, OSGF, among others, to fill vacancies while the rest were posted to vice confidential secretaries who were earlier deployed in the ministries.

Some of the confidential secretaries are Oju Inyima who was deployed from the Ministry of Niger Delta Affairs to the office of the Minister of Communication and Digital Communication; Osemeke Ogor of Agric and Rural Development Ministry who was posted to Water Resources; Onaivi Justina (Works and Housing) now posted to Petroleum Resources; Noimot Adewale (Transportation) but redeployed to Agric and Rural Development Ministry and Mbadiwe Cordelia (Education) but dispatched to Agric and Rural Development.

Also on the list are Nwosu Christiana (Communication and Digital Economy) who has been mobilised to Police Affairs; Adesina-Abioye Ololade (Youth and Sports Development) who was moved to Transportation ministry; Ikade Aina (Science Tech and Innovation) who has been transferred to the Education ministry; Evan-Helen Igbokwe (Works and Housing) and Yusuf Sadiq (Water Resources) who have both been sent to the Education ministry.

The memo read partly, “I am directed to convey the approval of the Head of the Civil Service of the Federation for the deployment of the following Confidential Secretaries SGL. 13-14 in the Federal Civil Service. Please note that this posting takes immediate effect.

“All Directors of Human Resources Management/Administration are required to submit details of compliance to this posting instruction to the Office of the Head of the Civil Service of the Federation no later than Wednesday 12th July, 2023.

“Please note that all deployed officers must be accepted and documented by the respective ministries as rejection of officers would not be condoned by the office of the Head of the Civil Service of the Federation. All handling over and taking over processes must be completed on or before Tuesday 11th July, 2023.

“All officers concerned are reminded that failure to adhere to this posting instruction contravenes the provisions of the Public Service Rules 030301 (b) and will be met with appropriate sanctions.”

The PUNCH reports that the Public Service Rules 030301(b) states that refusal to proceed on transfer or to accept posting is misconduct which is inimical to the image of the service and which can be investigated and proved. It can also lead to termination and retirement.”

Speaking in an interview with our correspondent, a high-placed civil servant noted that confidential secretaries were posted to work alongside ministers in their day-to-day activities.

He also noted that the confidential secretaries would be dispatched to the ministries this week.

The civil servant, who spoke under the condition of anonymity out of respect for civil service rules which prevent civil servants from speaking to the press, said, “In every ministry, you have a confidential secretary posted to the office of the minister. A minister may choose to work with the secretary or may decide to work with his or her own confidential secretary and in such cases, the confidential secretary may be moved to another office but will still be referred to as a confidential secretary.’’

“It is the Office of the Head of Service that posts confidential secretaries but other times, someone may be appointed from a ministry to be the confidential secretary in the ministry.


“The ones that are posted will work with the minister, that is if the minister wants, but it will be on record that the Head of Service posted someone there because anytime there is a vacancy, a ministry will request,’’ the official added.

Last modified on Monday, 10 July 2023 06:23

No fewer than 20 persons said to have chartered an 18-seater bus from the Yaba area of Lagos to attend a group party in the Republic of Benin have died in an auto crash in Badagry area of the state.

 

It was gathered that the 18-seater commercial bus fully loaded with passengers including the driver of the bus and his motor boy also died in the tragic accident.


The spokesman for the Lagos State Traffic Management Authority (LASTMA) Mr. Taofiq Adebayo who confirmed the tragic incident said the accident happened about 9am at Age-Mowo close to Mowo along the Lagos-Badagry Expressway.

He said, “It involved a Mazda commercial bus with passengers and a truck loaded with sand.

“The driver of the commercial bus lost control when he saw a truck ahead of him while trying to overtake the tipper truck loaded with sand.

“Immediately, 20 people died including the 18 passengers alongside the commercial bus driver and his motor boy.

Adebayo said the remains of the victims have been taken to the Badagry General Hospital morgue.

Following the harmonisation of the exchange rates in the country by the Central Bank of Nigeria (CBN), the total inflows into the Importers & Exporters (I&E) Window increased by about $270 million to close the month of June 2023 at $1.41billion, LEADERSHIP has learnt.

This made it the second consecutive month of growth, rising by 23.8 per cent month-on-month to $1.41 billion in June as against $1.14 billion recorded in May.


President Bola Ahmed Tinubu had earlier in June 2023 announced the intention of his administration to harmonise the exchange rates in the country, leading to the collapse of the forex market by CBN.

Although, foreign investors are yet to come trooping into Nigeria following the floating of the naira, a move that is targeted at attracting foreign exchange inflows into the country, the latest data by the FMDQ shows an improvement in dollar inflow into the country.

Data obtained from the FMDQ shows that foreign inflows, which were up by 44.3 per cent month on month to $298.8 million, had in the month under review increased but remain underwhelming relative to pre-pandemic levels in 2019 when it recorded an average of $1.56 billion as foreign investors continue to be cautious about returning in their droves despite the foreign exchange market liberalisation.

On the other hand, local inflows rose further by 19.3 per cent month on month to $1.11 billion because of higher inflows from non-bank corporates which went up by 35.7 per cent to $597.10 million and exporters’ inflow which was up 2.3 per cent to $448.00 million.

Analysts at Cordros Research believe that foreign investors will likely adopt a wait-and-see approach in the near term as they await the CBN’s actions in clearing its foreign exchange backlogs and the direction of short-term interest rates amid high inflation.


The analysts, in an emailed note, said they “expect the lingering reforms in the foreign exchange market to translate to improvements in forex liquidity conditions over the medium term as market participants’ confidence builds up.

On the revision of the computation methodologies of the NAFEX and I&E spot rates by the FMDQ, the analysts say the revision aligns with the global shift in benchmark administration to a transaction-based model and the ongoing reforms in the domestic forex market.

The latest revision which was announced last week effects a transition from the current contributions-based model, which involves the use of indicative quotes from market participants to a transactions-based model that will apply actual forex market transaction data effective 5 July 2023.

“On the one hand, we expect the computation changes to improve transparency in the computation of the spot forex rates and provide a clearer picture of the forex rates reflective of the market realities at different times, albeit with increased intra-day volatility. Similarly, the IOCs being permitted to sell their dollars to dealing members will likely increase forex liquidity in the IEW over the medium term, supporting the local currency,” they stressed.

Meanwhile, the first trading week in July 2023 began in the foreign exchange market bearish for the local currency as the naira depreciated by N19.20 or 2.48 per cent week on week to N792.20 to the dollar from N773 at the parallel market as forex market and traders continue reacting to the forces of demand and supply.


At the I&E window, the naira depreciated by 1.0 per cent to N776.90 to the dollar with total turnover (as of 6th July) declining by 48.1 per cent to $367.23 million. Forex trades at the I&E window were consummated within the N600 and N820 per dollar band.

Analysis of the activities of the Naira at the Forward Contracts Market last week showed that the local currency weakened across all forward contracts against the dollar by 4.74 per cent, 4.59 per cent, 4.47 per cent, 4.14 per cent and 3.64 per cent to close at N801.22, N810.72, N820.24, N849.13 and N910.26 at the 1-month, 2-month, 3-month, 6-month and 12-month tenor contracts respectively.

Elsewhere, oil futures closed higher on Friday as the Brent Crude hit $78.50 per barrel, at the time of writing, as supply concerns begin to seep through on supply concerns following decisions by Saudi Arabia and Russia to cut production and export quotas. Also, the Bonny Light crude price took a reversal by 3.33 per cent, or $2.54 w/w, to close at $78.76 per barrel from $76.22 per barrel in the previous week.

 

As the foreign exchange market remains volatile in the near term, analysts at Cowry Assets Research say they anticipate the market to adjust in line with the prevailing forces of demand and supply trade in a calm position against the greenback barring any further market distortions.

Former Governor of Ekiti State, Ayodele Fayose, has vowed not to accept a ministerial appointment from President Bola Tinubu.

Speaking on Channels Television’s Sunday Politics, Fayose, a two-term governor of the Peoples Democratic Party (PDP), said he worked against his party’s presidential candidate, Atiku Abubakar, in the February 25, 2023 election.

He said he supported Tinubu because he believes in him, and not because he needed any appointment from him.

Seun Okinbaloye, the anchor, had asked Fayose if he would reject a ministerial offer if the president offered him, to which Fayose responded, “I will never accept it.”

He urged Tinubu to appoint to people below 65 years of age and ask those within the age brackets of 65 and 70 years to nominate younger persons.

He said the future of young persons had been stolen by the elderly ones and it was time to give the young the opportunity.

Asked why he worked against his party, Fayose said, “Do you expect me to work for a party that suspended my son? A party that expelled my son?

“I never worked for PDP during the last election. There’s no reason to hide that… The reality is that I worked for Asiwaju (Tinubu). He is a respectable person from the South-West. It is the turn of the South.”

“The same PDP, because I said it was the turn of the South, removed my son, suspended my son, expelled my son, suspended me. For a man that has suffered tremendously for PDP?”

Fayose, who visited Tinubu at Aso Rock last week, denied the rumour that it was over his case with the Economic and Financial Crimes Commission (EFCC).


“Tinubu has no power to stop my case with EFCC; do you expect him to ask EFCC to stop or he would call the judge and tell him what. The matter has been going on for five years now and as a defendant, I don’t want to comment on it.”

Gov Chukwuma Soludo of Anambra State has ordered the state guidance counsellor to take over the psychological rehabilitation of Miss Mmesomma Joy Ejikeme.

Mmesoma has been in the news after she admitted falsifying her Unified Tertiary Matriculation Examination (UTME) result to enable her to earn scholarship grants.

The directive was contained in a letter to the principal of Anglican Girls’ Secondary School, Nnewi, where Mmesoma is a student.

Soludo, in the letter, directed immediate commencement of psychological counselling and therapy session for Mmesoma. It was gathered that the head of the state counselling unit is a professor of clinical psychology.

The letter was signed by the state commissioner for education, Prof Ngozi Chuma-Udeh, and was done in accordance with the recommendations of the panel constituted to investigate the matter.

A part of the letter read, “The directive is in line with one of the recommendations of the committee set up by Anambra State government to investigate the matter, following the parading of the fake result which elicited interests and generated controversies and misgivings to the general public.”

President Bola Ahmed Tinubu has emerged as the new Chairman of the Economic Community of West African States (ECOWAS).


He was elected at the 63rd Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS), that held in Republic of Guinea-Bissau.


In a statement issued by Special Adviser on Special Duties, Communications and Strategy, Dele Alake, said the election was a unanimous endorsement that signals the trust and confidence reposed in him by his counterparts.

The statement said that President Tinubu, who is the latest entrant into the exclusive club of Heads of State in West Africa, enthusiastically accepted the honour, on behalf of Nigeria, with a solemn pledge to bear the responsibility of the office and run an inclusive administration of the regional organisation.

He, however, warned that the threat to peace in the sub-region had reached an alarming proportion with terrorism and emerging pattern of military takeover that now demand urgent and concerted actions.

He noted that insecurity and creeping terrorism were stunting the progress and development of the region.

The President called for a collective action from member-states, pledging that under his leadership, frameworks would be harmonized to actualize the dreams of ECOWAS.

“On peace and security, the threat has reached an alarming level, and needs urgent actions in addressing the challenges. Indeed, without a peaceful environment, progress and development in the region will continue to remain elusive. In this regard, we must remain committed to the utilisation of all regional frameworks at our disposal to address the menace of insecurity,” he declared.

President Tinubu noted that ECOWAS had developed a security architecture, which he noted, “covers a wide range of areas that involved kinetic and non-kinetic operations, including preventive diplomacy. There is also the Regional Plan of Action on Fight against Terrorism 2020-2024 as well as the operationalization of the ECOWAS Standby Force on Fight Against Terrorism.

“I will ensure that we immediately harmonize these plans and mobilize resources as well as the political will to towards the actualisation of the initiatives. As terrorists do not respect boundaries, we must work collectively to have an effective regional counterterrorism measure,” the President further stated.

On his emergence as Chairman on his first participation at the summit, having just started out as the elected leader of Nigeria, President Tinubu stated that he was humbled and honoured by the trust to assume the leadership of the regional body, pledging his commitment to serve the interest of the community.

He said: “Indeed, I’m humbled and honored by this trust, and want to assure you of my unalloyed commitment to provide the necessary leadership with dedication to serve the interest of the community.”

To underscore his commitment towards regional integration, the Nigerian President declared that he would prioritize political stability, peace and security, regional economic integration and strengthening of the ECOWAS institutions, declaring that democracy and good governance remain the abiding cornerstone of peace and sustainable development. While decrying the emerging pattern of coup d’etat in West Africa where soldiers have toppled the popular mandate of the people through barrel of guns, President Tinubu charged ECOWAS to stand firm in defence of democracy.

“We must stand firm on democracy. There is no governance, freedom and rule of law without Democracy. We will not accept coup after coup in West Africa again. Democracy is very difficult to manage but it is the best form of government.

There is no one here among us who did not campaign to be a leader. We didn’t give our soldiers resources, we didn’t invest in them, in their boots, in their training to violate the freedom of the people. To turn their guns against civil authorities is a violation of the principles upon which they were hired which is to defend the sovereignty of their nations. We must not sit in ECOWAS as toothless bulldogs,” the President warned.

On political stability, he said: “You will all agree with me that democracy and good governance are the cornerstones of peace and sustainable development of every society. I’m fully committed to deepening democracy and good governance in the region.

“We must strengthen our democratic institutions and ensure the respect for human rights and the rule of law. I will enhance engagements with the countries in transition to ensure their quick return to democratic rule.

The new ECOWAS Chairman called for improved private sector participation in the effort towards the economic development of Member States as well as their social integration.

“We would work collectively to pursue an inclusive economic integration, which will be significantly private sector driven, in order to unlock the vast economic potentials of our region. We would actively promote trade, investment, and business cooperation among Member States by addressing the barriers impeding intra-regional trade, as well as creating a conducive business environment.

“We must encourage economic partnerships to raise the level of trade and investments in our region, hence facilitating employment creation and sustainable development and prosperity for our citizens.

“To this end, we must look inward and work with our regional economic facilitation platforms such as the Federation of West of West Africa Chamber of Commerce and Industry (FEWACCI) as well as ECOWAS Trade Organisation Network to attain our desired goals, “he said further.

He assured the regional leaders of the immediate implementation of his vision for the body, declaring that:

“In furtherance of my vision for our region’s economic recovery and growth, Nigeria intends to convene an ECOWAS Extra Ordinary Summit on Trade and Investment in October 2023.

“The event will provide opportunity for Member States to showcase their potentials and encourage match-making, in order to evolve business cooperation among the various organized private sector within the region,” he added while calling for the strengthening of the institutions of the body.

“In the area of strengthening our Organisations Institutions and ensuring effective performance, we underscore the need for the conclusion of the on-going institutional reforms of the organization.

“Given that Community Levy remained the biggest source of generating funds to run our organization, we must ensure that our citizens being taxed must be positively impacted by the programmes and projects of ECOWAS. This is in line with the shift of ECOWAS slogan from “ECOWAS of State” to “ECOWAS of People,” the Nigerian President emphasised.

He appreciated the Authority of Heads of States and citizens of the Community for trusting him to lead the West African body.


In his welcome address, the outgone ECOWAS Chairman and President of Republic of Guinea-Bissau, Umaro Mokhtar Sissoco Embalo saluted his fellow leaders for sustaining the vision of the organisation despite the global economic headwinds and trouble spots within the region. He cited Mali, Burkina Faso and Republic of Guinea as countries where the constitutional order had been distorted while congratulating Nigeria and Sierra Leone for sustaining constitutional order through democratic process with the recent successful elections.