Nigeria

2022 - 9 - 28

IMF Prescribes Fiscal, Monetary, Structural Reforms to Tame Food ... (THISDAY Newspapers)

•Blames high prices on local supply disruptions, currency depreciation. Ndubuisi Francis in Abuja and Segun James in Lagos. The International Monetary Fund ...

“Of these, the consumption share of each staple has the largest price effect. Better-off households can afford a wider range of foods, but for the poor there are very few substitutes for staples, which make up nearly two-thirds of their daily diet. Staple food prices in the region, the IMF said, are also impacted by natural disasters and wars, rising by an average 4 per cent in the wake of wars and 1.8 per cent after natural disasters, depending on the magnitude, frequency, duration, and location of events. “We estimate that a 1 per cent increase in the consumption share of a staple food raises the local price by an average 0.7 per cent; the effect is even bigger when a staple is mostly imported, raising the price by about 1.2 per cent. The IMF submitted that the relative strength of a country’s currency is another driver as it affects the costs of imported food items, noting that a 1 per cent depreciation in real effective exchange rates increases the price of highly imported staples by an average 0.3 per cent. The Fund said: “Global factors are partly to blame.

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Nigeria hikes rate to highest level to head off inflation (Reuters)

Nigeria's central bank on Tuesday hiked its main lending rate by 150 basis points to 15.50% , its highest level yet and more than forecast, forging ahead ...

He said banks which fail to raise their reserves would be barred from the foreign exchange market from Friday. Register now for FREE unlimited access to Reuters.com Emefiele increased the cash reserve requirements for banks to mop liquidity from the market and stop currency speculation.

Teach For Nigeria Gives N2m Grant to Two Alumni (THISDAY Newspapers)

The innovators were Oluwaseun Kayode of Schoolinka, Zainab Akintayo of Smart Garden Concept, Odinakachukwu Nwosu representing VirtualXcursions, Aramide of ...

Schoolinka intends to intentionally scale to remote communities in the country with limited internet access, including some communities in other African countries.” The innovators were Oluwaseun Kayode of Schoolinka, Zainab Akintayo of Smart Garden Concept, Odinakachukwu Nwosu representing VirtualXcursions, Aramide of Talentmine Academy, and Obasanjo Fajemirokun of Brace-Up The Young. At the event, five innovators selected as part of the cohort for the 2022 Incubation Hub had the opportunity to pitch for N1 million in seed funding.

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Nigeria should adopt fiscal, other reforms to reduce food inflation ... (Vanguard)

THE International Monetary Funds, IMF, has recommended fiscal, monetary and structural reforms to reduce food inflation in Nigeria and other Sub-Saharan African ...

“Using price data from 15 countries on the five most consumed staple foods in the region (cassava, maize, palm oil, rice, and wheat), we find that in addition to global food prices, net import dependence, the share of staples in food consumption, and real effective exchange rates drive changes in local staple food prices. “In contrast, food prices tend to be higher in countries with weaker fiscal management and elevated public debt. The report stated: “We looked more closely at the variation in prices between countries and determined that those with stronger monetary policy frameworks are better at curbing direct and second-round food price inflationary pressures, and in turn, controlling overall inflation.

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Nigeria raises rates by 150 basis points as inflation surges (Financial Times)

Nigeria's central bank has raised interest rates to an all-time high of 15.5 per cent as it struggles to contain a surge in inflation.

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Nigeria stocks fall amid rate hike (Businessday.ng)

Nigeria's equities market on Tuesday failed to sustain previous day's gain as the market decreased by 0.06percent or N15billion at the...

“The NGX All-Share Index has been in correction territory for just over a month and is set to record its first quarterly fall since second quarter (Q2) 2021. The MPC decision was in consideration of the persistent rise in inflation rate and fragile growth. The CBN also raised the Cash Reserve Ratio (CRR) to 32.5 percent from 27.5 percent.

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Nigeria Lifts Rate to Record, Warning of More Hikes to Come (Bloomberg)

Nigeria's central bank raised its benchmark interest rate more than anyone had predicted, taking it over 14% for the first time since it was adopted in 2006 ...

Nigeria: Experts Project Rates Hike As CBN Holds MPC Meeting (AllAfrica.com)

As the Central Bank of Nigeria (CBN) holds its Monetary Policy Committee (MPC) announces its policy decisions today, some stakeholders project a hike in ...

"Ours is a bit of a carryover from the COVID-19 era of production shut down and imported inflation because our economy is dependent on foreign ones battling inflation presently," he said. This is against the backdrop of global monetary policy trend, which has seen the American Central Bank (The Fed), and the Bank of England increasing Monetary Policy Rates (MPR). As the Central Bank of Nigeria (CBN) holds its Monetary Policy Committee (MPC) announces its policy decisions today, some stakeholders project a hike in policy rates.

Nigeria central bank hikes monetary rate to 15.5 pct (Xinhua)

LAGOS, Sept. 27 (Xinhua) -- Nigeria's central bank on Tuesday increased the Monetary Policy Rate (MPR), the benchmark interest rate, from 14 percent to 15.5 ...

The Central Bank of Nigeria (CBN) raised the interest rate to combat rising inflation in the most populous African country, Godwin Emefiele, governor of the CBN, told reporters at the end of the bank's Monetary Policy Committee (MPC) meeting in Abuja, the Nigerian capital. This is the third hike of the MPR, the benchmark interest rate for the country's financial markets in 2022, said Emefiele. 27 (Xinhua) -- Nigeria's central bank on Tuesday increased the Monetary Policy Rate (MPR), the benchmark interest rate, from 14 percent to 15.5 percent amid rising inflation.

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Nigeria's MPC raises MPR by 150 BPS to 15.5%: Post Analysis (CNBCAfrica.com)

Nigeria's monetary policy committee in a unanimous vote raised the Monetary Policy Rate by 150 basis points to 15.5 per cent continuing with its hawkish ...

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First Bank, IMF, Seek Unified Exchange Rate for Nigeria ... (TechEconomy.ng)

To maintain competitiveness benefits from any country-wide exchange rate adjustment, he proposed complementing macroeconomic and structural.

“It is promising that something great will come from the economy in 2023,” he said. “And we are optimistic that the 2023 economy will grow generally because Nigerians are resilient, smart, and hardworking people that always come up with smart innovations.” The First Bank of Nigeria Limited’s Managing Director/CEO, Gbenga Shobo, agreed with the IMF’s assessment, saying that as the Nigerian financial market has developed over time, it is now important to develop strategies that will enable it to produce the desired results for everyone to see and benefit from.

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Vaccine hesitancy, greatest obstacle to Nigeria attaining optimal ... (Vanguard)

With about 19 percent of Nigeria's total population vaccinated with COVID-19 vaccines, Private Sector Health Alliance, PSHAN, has blamed vaccine hesitancy as ...

It’s an independent project of PSHAN but our responsibility is to support PSHAN with resources to achieve this including our expertise in vaccines.” Meanwhile, PSHAN on Monday in Lagos signed a Memorandum of Understanding, MOU, with one of the leading Pharmaceutical companies, Sanofi to carry out a study entitled: ‘COVID-19 Vaccine Hesitancy Assessment in Nigeria (C19-VHAN) aimed at assessing factors responsible for vaccine hesitancy in the country. We have to find the reason. Quoting data from the Centre for Disease Control and Prevention, Akinbolagbe said 16.9 percent of Nigeria’s population has been partially vaccinated. Now we have vaccines flushed all over the place but people are not taking them. However, approximately 29 million have received complete vaccination.

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Nigeria may begin local production of vaccines in 2024 (Guardian)

Ahead of Nigeria Pharma Manufacturing Expo (NPME) 2022, Managing Director/Chief Executive Officer (CEO), May & Baker, Patrick Ajah, yesterday, in Lagos, ...

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PSHAN, SANOFI Sign Agreement to Undertake COVID-19 Vaccine ... (THISDAY Newspapers)

The Private Sector Health Alliance of Nigeria (PSHAN) and SANOFI have signed an agreement to undertake a 10 months COVID-19 Vaccine Hesitancy Assessment in ...

Certainly, this is an opportunity to work with a reputable organisation to address the issue of vaccine hesitancy amongst Nigeria.” “The PSHAN partnership with Sanofi on the COVID-19 Vaccine Hesitancy Assessment in Nigeria (VHAN) will be conducted over a six-month period. Speaking during the sign-off ceremony in Lagos, the CEO, PSHAN, Dr.

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Nigeria 'll produce new crop of political leaders - Buhari (Vanguard)

President Buhari stated this while receiving Letters of Credence from Ambassadors and High Commissioners of six countries at the Presidential Villa, Abuja.

“The various factors that account for these challenges are beyond the capacity of any single country to effectively contain them alone. “Just as we are recovering, the war in Ukraine came to impact negatively on global economy. Abu Shawesh and The Kingdom of Netherlands-Mr Willem Wouter Plomp. The catastrophic impact of the pandemic has been across our nations not just in terms of tragic loss of millions of lives, but also massive loss of livelihoods and the resultant economic recession. I have no doubts in my mind that you will soon appreciate our uniqueness and indeed resilience as a people, as well as our diversity which constitutes our strength.” We enjoy unfettered freedom of speech and engage in robust political discourses.

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Buhari: I'm Optimistic Nigeria's Transition Process Will Produce New ... (THISDAY Newspapers)

•Says his govt will sustain deep political discourse, freedom of speech. Deji Elumoye in Abuja. President Muhammadu Buhari has expressed optimism that ...

“The various factors that account for these challenges are beyond the capacity of any single country to effectively contain them alone. “Just as we are recovering, the war in Ukraine came to impact negatively on global economy. “We are living in unprecedented global challenging time. “We enjoy unfettered freedom of speech and engage in robust political discourses. I have no doubts in my mind that you will soon appreciate our uniqueness and indeed resilience as a people, as well as our diversity which constitutes our strength,’’ he said. “The bilateral relationship that exists between each of your countries and the Federal Republic of Nigeria, is warm and very cordial, and the cooperation and collaboration between us in several areas, such as socio-economic, political, security, education and cultural spheres,’’ the President noted.

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Buhari receives envoys, says Nigerians united despite diversity (The Punch)

The President, Major General Muhammadu Buhari (retd.), on Tuesday in Abuja said Nigerians are not only multi-ethnic and multi-cultural but also enjoy ...

“Today’s occasion, during which you have just presented your letters of credence to me, officially marks the formal assumption of your representational duties as Ambassadors/High Commissioners of your respective countries to Nigeria. I have no doubts in my mind that you will soon appreciate our uniqueness and indeed resilience as a people, as well as our diversity which constitutes our strength.” The statement read in part, “As you settle down to your diplomatic responsibilities, you will realise how diverse Nigeria is.

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2023: Buhari optimistic Nigeria's transition process'll produce (Daily Sun)

President Muhammadu Buhari has expressed confidence that Nigeria's political transition would produce a new generation of leaders after the 2023 general ...

I want to state again, as I did just a few days ago at the UN General Assembly, that we remain committed to free and fair elections.” We enjoy unfettered freedom of speech and engage in robust political discourses. “I am highly optimistic that we will conduct a good transition process at the end of which a new set of political leaders will freely emerge.

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2023: Nigeria will continue to ensure freedom of speech, Buhari tells ... (Premium Times)

President Buhari received Letters of Credence from ambassadors and high commissioners of six countries at the State House, Abuja.

“The various factors that account for these challenges are beyond the capacity of any single country to effectively contain them alone. “Just as we are recovering, the war in Ukraine came to impact negatively on global economy. The catastrophic impact of the pandemic has been across our nations not just in terms of tragic loss of millions of lives, but also massive loss of livelihoods and the resultant economic recession. I want to state again, as I did just a few days ago at the UN General Assembly, that we remain committed to free and fair elections,’’ he added. I have no doubts in my mind that you will soon appreciate our uniqueness and indeed resilience as a people, as well as our diversity which constitutes our strength,’’ he said. We enjoy unfettered freedom of speech and engage in robust political discourses.

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Atiku: Under APC, citizens are emigrating from Nigeria — but my ... (TheCable)

Atiku Abubakar, standard-bearer of the Peoples Democratic Party (PDP), says bad governance under the current administration is making Nigerians leave for ...

We have to stay in this country.” I have refused anyone of them to go to abroad and reside because I don’t believe it. “In the government in which I served as Vice President, you saw Nigerians returning from abroad to invest in several opportunities in the country.

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Catalysing a digital economy in Nigeria (Guardian)

The new economy highlights the inescapable hyperconnectivity of people and businesses with automation, cloud computing, data, devices, platforms, processes and ...

Wittingly or otherwise, the NCA envisaged the transformation of the digital economy and was positioned to optimise (and is optimising) the phenomenal opportunities therein for the benefit of the population. Third, is the enormous challenge of interoperability and interconnectivity amongst technology solutions providers partly due to integration complexities and strategic contestability. Then again, investment in the ICT sector is largely driven by the private sector, whereas government sets the policy framework for growth and investment. Added to that is the seminal National Digital Economy Policy and Strategy (NDEPS) 2020-2030. Section 1 (c), (d) and (e), therein affirm that the policy objectives are to promote the, provision of modern, universal, efficient, reliable, affordable and easily accessible communications services and the widest range thereof throughout Nigeria. Second, the Nigerian Communications Act (NCA) 2003 provides a robust statutory framework which purports to strike the right balance between widely defined telecoms industry regulation and enforcement on the one hand, and innovation and catalysing enterprise on the other hand. Mobile telecoms penetration in the country according to the Nigerian Communications Commission (NCC) was 151, 712,992 in August 2022. Nevertheless, it is incontestable that a key outcome for humanity was the reduction of carbon footprints globally implying cleaner air and thus healthier lungs for all in that period. Beyond that, the new economy has surfaced the concept, and the harsh reality, of “disruptive” technology. It extends to cybersecurity, exploration and production, financial services, legal services, machine learning, manufacturing, media, mobile technology, robotics, telecoms, the internet of things (IoT), space administration, virtual engineering and much more. Anchored upon that context, is the kernel of this treatise: catalysing Nigeria’s digital economy. The anti-thesis, reinforced by superior argumentation however, is that a progressive nation, and Nigeria, aspires to be one, is not defined by its structural and socio-economic challenges.

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Road to 2023: Atiku will restore Nigeria's lost glory - Amina Okeke (Daily Sun)

A chieftain of the People's Democratic Party (PDP) and Media Head of the party governor's forum, Amina Yahaya Okeke, has asked Nigerians to support the ...

Nigerians must understand that the 2023 election should be a protest against bad governance”. On the Tinubu and Obi candidacy, she said: “They are the least of our worries as a political party, yes they can not be written off but they are never a threat and can never be to the PDP.” Okeke said PDP remains a party to vote for and the best in the history of democracy as far as Nigeria is concerned, insisting that the PDP records outlived the present APC administration.

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Atiku: My Govt Will Restructure Nigeria, Quell Separatists' Agitations ... (THISDAY Newspapers)

•Says anyone who wants to solve nation's economic crisis must carry south east along. Gideon Arinze in Enugu. Former Vice-President and Presidential ...

Atiku and Okowa were well received in Enugu by Governor Ifeanyi Ugwuanyi, Abia State deputy governor; Ude Oko Chukwu, former Imo State governor, Emeka Ihedioha; the Board of Trustee Chairman, Adolphus Wabara; Acting National Chairman of the PDP, Amb. Mrs Justina Eze; the National Vice Chairman (Southeast zone), Chief Dr Ali Odefa; the PDP governorship candidates in Enugu, Abia, and Ebonyi States, Peter Ndubuisi Mbah, Prof. Also on the ground to receive the PDP candidate were serving and former principal officers of the National Assembly; serving and former members of the National Assembly; serving and former members of the National Working Committee of the party; former ministers of the Federal Republic of Nigeria; Speakers of the state Houses of Assembly; Senatorial and House of Representatives candidates of the party; serving and former state chairmen and secretaries of the party; state youth leaders, women leaders, publicity secretaries of the party and LGA chairmen among others. economic crisis must carry the South East along. He maintained that his government would work with the legislatures to restructure the federal system and devolve more powers to the states with corresponding resources. According to him, restructuring that devolves powers from the federal government and gives states the power to set their priorities is better for this zone than what the country currently has and has had since the late 1960s.

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I'll help Igbo produce Nigeria's president after my tenure, Atiku pledges (Premium Times)

Mr Atiku said his love for Ndigbo is so great that in the 2011, 2019 elections he chose Igbo men as his running mates.

Good journalism costs a lot of money. He said his love for Ndigbo was so great that in the 2011, 2019 elections he chose Igbo men as his running mates. [Atiku Abubakar](https://twitter.com/atiku), has said he would help the Igbos produce a Nigerian president if he wins the 2023 election.

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Atiku is the light Nigerians need — Tanimu Kazee (Vanguard)

The founder of Atiku 100 percent Mr.Tanimu Kazeem has called on Nigerians to support the presidential candidate of the People's Democratic Party Atiku ...

Atiku is reliable when it comes to the rebranding of Nigeria ” he said. The better choice before us is Atiku as a result of his antecedents and what he is capable of doing when elected as president. Kazeem who has been a young advocate for the empowerment of Nigerian youths said as the campaign officially starts tomorrow, Nigeria youthS should bear it mind that a better future for the youths is possible with Atiku and Okowa.

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Malnutrition crisis: Donors pledge $0.57bn as Nigeria, 14 others ... (Vanguard)

About $280 million of the sum raised, was pledged at The Child Malnutrition Crisis: Pledging to Save Lives – a high-level event co-hosted by UNICEF, USAID, the ...

Senegal is committed to sharing the experience and lessons it has learned in the process. We already know many of the solutions for prevention, early detection, and treatment of child wasting but we need to do more to ensure these solutions are scaled. The fact that many millions of children have to experience severe malnutrition in their first few years of life is unacceptable. I am pleased to announce the CIFF intends to allocate an additional $40 million for addressing child wasting.” UNICEF Nigeria Representative, Cristian Munduate said, “The treatment of child malnutrition cannot stop at only providing nutrition services. The commitments were made as climate-driven drought, conflict, and rising food prices continue to drive up emergency levels of severe wasting in young children worldwide.

UN must recognise 'critical emergency' malnutrition crisis in ... (ReliefWeb)

News and Press Release in English on Nigeria about Food and Nutrition, Health and more; published on 27 Sep 2022 by MSF.

“It’s essential that the northwest is included in the next Nigeria humanitarian response plan for 2023, because this plays a key role in mobilising the resources to save lives.” The UN’s current humanitarian response plan for Nigeria focuses on the critical situation in the country’s northeast region, excluding the northwest. “The Nigerian authorities need support to deal with a crisis of this magnitude.”

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Nigeria: UN Must Urgently Recognise Malnutrition Crisis in ... (AllAfrica.com)

"The Nigerian authorities need support to deal with a crisis of this magnitude. This must include emergency humanitarian funding now for organisations able to ...

"It's essential that the northwest is included in the next Nigeria humanitarian response plan for 2023, because this plays a key role in mobilising the resources to save lives." Unlike MSF, which is not funded by the humanitarian response plan, many organisations are currently unable to respond to the acute needs in the northwest because they rely on it for funding. This must include emergency humanitarian funding now for organisations able to respond and a commitment to include northwest Nigeria in the UN's humanitarian response plan for 2023."

United Nations must recognise 'critical emergency' malnutrition crisis ... (African Business Magazine)

Download logoA malnutrition crisis in northwest Nigeria, described as catastrophic and a critical emergency, is yet to be recognised by the UN. The lack.

“It’s essential that the northwest is included in the next Nigeria humanitarian response plan for 2023, because this plays a key role in mobilising the resources to save lives.” The UN’s current humanitarian response plan for Nigeria focuses on the critical situation in the country’s northeast region, excluding the northwest. Since January, MSF teams working in collaboration with the Nigerian health authorities have treated close to 100,000 children suffering from acute malnutrition in 34 outpatient facilities. “The Nigerian authorities need support to deal with a crisis of this magnitude.” A malnutrition crisis in northwest Nigeria, described as catastrophic and a critical emergency, is yet to be recognised by the UN. Multiple factors have led to a sharp increase in malnutrition in the region over last year.

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Nigeria's northwest faces worsening malnutrition - MSF (Reuters)

Nigeria faces worsening malnutrition in the northwest due to insecurity, high food prices and the impact of climate change, Medicines Sans Frontiers (MSF) ...

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Include Nigeria In UN's Humanitarian Response Plan Due To Its ... (SaharaReporters.com)

The international medical humanitarian organisation Doctors Without Borders/Médecins Sans Frontières (MSF) has said that northwest Nigeria must be included ...

Unlike MSF, which is not funded by the humanitarian response plan, many organizations are currently unable to respond to the acute needs in the northwest because they rely on it for funding. "The UN's current humanitarian response plan for Nigeria focuses on the critical situation in the country's northeast region, excluding the northwest. "Since the beginning of 2022, MSF teams have witnessed extraordinarily high numbers of children with malnutrition in MSF's programs located in five states across northwest Nigeria.

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A Surprise Presidential Candidate Leads the Race to Lead Nigeria ... (Bloomberg)

A third-party candidate is the top choice to become the next president of Africa's most populous country, according to a new opinion poll.

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Why Nigeria needs sports inclusive education system - Erikewe (Businessday.ng)

Paul Erikewe, the head coach of the Nigeria Customs Football Club has advocated for sports inclusive education policy as an avenue...

They teach us how to compete. They teach us how to fail and how to succeed,” he said. They teach us how to be around others.

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2023: How Nigerian politicians deceive electorate, by Peter Obi (Guardian)

Labour Party (LP) presidential candidate, Peter Obi, yesterday, urged Nigerians to vote for a competent leader in the 2023 general elections, ...

He said: “This is a movement for the youth to take back their country. Enough land and fund are available for the citizenry. “We have enough land and resources to make provision for feeding the country. Obi told the cheering youths, who flaunted banners bearing his pictures: “It’s now your turn to take this country from them. It’s the turn of the Nigerian youths. It’s what we, the politicians, the elites, use to deceive you.

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Obi to Nigerians: Don't let politicians use money, religion to deceive ... (TheCable)

Peter Obi, standard bearer of the Labour Party (LP), has asked Nigerians not to allow politicians to sway them with religious or tribal sentiments in the ...

It is Nigerians’ turn! “This is a movement for the youth to take back their country. It is nobody’s turn! Enough land and fund are available for the citizenry,” he said. “We have enough land and resources to make provision for feeding the country. Nobody is entitled to take it from you.

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100 million Nigerians living in poverty won't provide revenue —Peter ... (Vanguard)

Last Monday, September 19, 2022, His Excellency, Dr. Peter Obi, the presidential candidate of the Labour Party, LP, was a guest of the Lagos Chamber of ...

There are quite a number of things that are not supposed to be on the Exclusive List and that we can deal with as quickly as possible – agriculture, education – the Federal Government is not supposed to be involved in those and quite a number of them. We are going to have an Assets Registry so we know the assets of the country and ensure that they are all put into production because we want to move from consumption to production and all assets must be productive and to make it productive, we are going to remove it from government to private sector. They are not things that I can tell you here but we are going to deal with that issue as quickly as possible. What is lacking is the political will to deal with the issues that are affecting people. That is official stealing and we will deal with it decisively. The political will to follow the rule of law, the political will to have certainty about the operating environment that will attract investment, the political will to deal with the issue of oil theft, for instance. We want to hire the chief executive of Nigeria and that person must come for the interview personally, he must present himself to Nigerians. We have to deal with the issue of embedded power and renewable energy. That is where we have what we can call an ineffective problem that needs to be dealt with and for us, what we will do is to liberalise transmission. To have the resources to do this, we will involve the private sector. I’m not saying Police and Army, which we did but every community and I can assure you, we will do exactly that because at the heart of whatever we are going through today is security and it must be dealt with. Out of this, $3.2trillion came from taxes, 50 per cent of that came from micro and small businesses and 60 per cent of the employment in China is by this group – the employment figure in China is about 800million and this group is providing about 540million.

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2023: How we intend to rebuild Nigeria - Atiku (The Punch)

Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said that his mission if elected in 2023 will be to rebuild Nigeria towards ...

“To redevelop, invest in, and strengthen our education system to provide its recipients with the education and skills needed to compete in the new global order driven by innovation, science, and technology, as well as to live healthy, productive, and meaningful lives.’’ “To establish a strong, resilient, inclusive and prosperous economy that generates opportunity, jobs and wealth while lifting the poor out of poverty; to encourage the adoption of a true federal system that provides where all the federating units are equal and has a fair and representative federal government that secures our borders, defends our people and ensures national unity, whilst allowing the federating units to develop and grow in line priorities which they have set on their own. He further explained that encouraging the adoption of a true federal system that provides all the federating units that are equal, and has a fair and representative federal government that secures Nigeria’s borders, defends the people and ensures national unity, while allowing the federating units to develop and grow in line with priorities which they have set on their own.

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2023 elections will make Nigeria, Obasanjo prays (Vanguard)

Former President Olusegun Obasanjo has expressed optimism that the 2023 general elections as he prayed that the polls make and not mar Nigeria.

He has the passion and definitely we are not going to take it for granted,” Okoh said. “And where can we look for salvation, that is where you religious leaders have a significant role to play. We are committed to the call Baba made. Emmanuel Alamajo, Ven. These were the few I could remember as I was planning for this visit. These are no doubt, valid contributions to Christianity.”

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Politicians will wreck Nigeria if... — Obasanjo (The Punch)

Obasanjo said this at his Olusegun Obasanjo Presidential Library Penthouse residence in Abeokuta, the Ogun State capital, when the President of the Christian ...

“I think its the mistake of the past , that we say politics is not for the righteous. Okoh said, “In 1976, you started with the establishment of this association, the CAN and in September 1999, you formed the Inter-Religious Faith Council 1999. Obasanjo warned that if politicians with no fear of God were allowed to have their way, the entire country would regret it, as the 2023 elections might either make or break Nigeria.

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Nigeria's future of modern retail is promising, says Sun-Basorun (Businessday.ng)

Ade Sun-Basorun, chief executive officer, FoodCo Nigeria, has said that the future of modern retail is promising in Nigeria...

So, the opportunities to scale modern retail in Nigeria and indeed, Africa, are bountiful. The COVID-19 pandemic and its disruption to the supply chain introduced a short-term trend, making the scarcity of products an issue in various categories once again. Think for a moment about how many T-shirts, water and bread brands are available today in contrast to what was prevalent 10 years ago.

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Don't allow politicians to wreck Nigeria, Obasanjo tells religious ... (Guardian)

Former President, Olusegun Obasanjo has urged religious leaders to stand for truth, justice and equity and push politicians to do the right thing.

“If we take the righteous away from politics and we leave politics to the unrighteous, the unrighteous will smear the righteous with the unrighteousness that they will carry into politics and we will have nowhere to go. “If you stand on the truth, you stand for justice and equity, then the politicians will not be able to mess us around. Daniel Okoh paid him a courtesy visit at his residence in Abeokuta.

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Communities in oil-rich Niger Delta poorest in Nigeria – SERAP (Daily Post Nigeria)

A new report by the Socio-Economic Rights and Accountability Project (SERAP) has shown that towns in the Niger Delta live in deplorable conditions. The.

“Social, economic, and environmental degeneration has largely affected the lifestyles and wellbeing of the people. The report, presented by Dr. SERAP said the right of the people to a clean, safe and healthy environment is routinely violated and abused by the government and oil companies.

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Professionals tasked on reconstructing Nigeria by participating in ... (Vanguard)

“Democratic administrations should ensure good governance in Nigeria. Nigeria's democracy can only be strengthened through a revolutionized political system, ...

The Nigerian society is stratified into the governed and the government, with each group having significant roles to play in engendering the county’s development Nigeria’s democracy needs to serve the rights, aspirations, and potential of its citizens for a good, dignified and fulfilled life. “Professional organizations as part of the civil society must be alive to the responsibility of instilling and maintaining professional values among its members.

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2023 may make or break Nigeria – Obasanjo tells religious leaders (Daily Post Nigeria)

Former President Olusegun Obasanjo has said the 2023 elections might make or break the nation. Obasanjo also told leaders of the various religions in.

Obasanjo said the failure to be careful with the 2023 elections may break Nigeria. “If you stand on the truth, you stand for justice and equity, it is then the politicians will not be able to mess us around,” Obasanjo said, adding that “if we do not watch it, the politicians will wreck this country and we’ll all regret it.” Former President Olusegun Obasanjo has said the 2023 elections might make or break the nation.

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2023 may make, break Nigeria, Obasanjo warns (Daily Sun)

Former President, Olusegun Obasanjo, has declared that 2023 general elections is opportunity for Nigerians to take their.

He appreciated the remarks so far about the CAN President, expressing optimism that his time as CAN President with bring peace and unity for Nigeria. “I think it’s the mistake of the past, particularly in the Christendom, that we say politics is not for the righteous. These were the few I could remember as I was planning for this visit.

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2023 elections may make or mar Nigeria, Obasanjo warns (Daily Trust)

Former President, Olusegun Obasanjo on Wednesday has warned religious leaders not to allow politicians with "no fear of God" to...

I think it’s the mistake of the past (particularly in Christendom), that we say politics is not for the righteous. Today, we're asking that you support us to do more. In the political sector, you set up the National Political Reform Conference, which I am privileged to be a delegate, representing the Christian faith. We are committed to the call Baba made. Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Okoh, paid him a courtesy visit at his Olusegun Obasanjo Presidential Library (OOPL) Penthouse residence in Abeokuta, Ogun State capital.

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2023: Obasanjo Asks Religious Leaders Not To Let Politicians ... (CHANNELS TELEVISION)

Former President, Chief Olusegun Obasanjo has warned religious leaders in the country not to allow politicians with no fear of God to wreck Nigeria.

He has the passion and definitely we are not going to take it for granted,” Okoh said. We are committed to the call Baba made. On the political sector, you set up the National Political Reform Conference, which I am privilege to be a delegate, representing the Christian faith. Now, if we take the righteous away from politics, and we leave politics to the unrighteous, the unrighteous will smear the righteous with the unrighteousness that they will carry into politics and will have no where to go. I think its the mistake of the past (particularly in the Christendom), that we say politics is not for the righteous. With you and Sultan (who is already singing your praises) you can both make a turn-around; you can work together,” Obasanjo was quoted to have said.

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2023: Don't allow politicians wreck Nigeria, Obasanjo tells clerics (Vanguard)

Former President, Chief Olusegun Obasanjo has warned religious leaders in the country not to allow politicians with no fear of God to wreck Nigeria.

He has the passion and definitely, we are not going to take it for granted,” Okoh said in an interview. We are committed to the call Baba made.” Likewise, NIREC was also established in his time as the President in 1999. “And where can we look for salvation, that is where you religious leaders have a significant role to play. You can work together,” the former president said. With you and Sultan (who is already singing your praises) you can both make a turn-around.

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Nigeria loses 37% oil rig capacity (The Punch)

Nigeria's ability to increase its crude oil production dropped by 37 per cent in less than three years, according to industry statistics.

As of the second quarter of this year, output dropped to 1.1mb/d, to 1mb/d in July, and 900, 000b/d last month. Production gradually dropped to 1.3mb/d at the beginning of 2021, to 1.2mb/d in the first quarter of this year. This, it said, puts the total rig count up to 251, or 49 per cent over this time last year.

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Worrisome carnage on Nigeria's highways (The Punch)

ALMOST daily, reports of traffic accidents on Nigeria's roads with resulting casualties assail the public. Fatalities have reached an alarming level, ...

It cites enforcement of safety rules and regulations, and vehicle safety standards focused on 52 items specified by its Land Transport Authority as its success factors, while “road safety and driver education are core tenets of Singapore’s road safety strategy.” In 2019, 37 FRSC officials were arrested by the Independent Corrupt Practices and Other Related Offences Commission for extorting motorists in six states across the country. One is the poor condition of the roads. In Nigeria, RTCs constitute one of the leading causes of deaths. According to the World Health Organisation, its estimate of 41,693 deaths on Nigerian roads was 2.82 per cent of the global total. ALMOST daily, reports of traffic accidents on Nigeria’s roads with resulting casualties assail the public.

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Nigeria and the dance of death (The Punch)

Sometimes around May 2021, Dein, a local chief from Ataba, in the Andoni Local Government Area of Rivers State, showed up at a relative's wedding.

The Nigeria of today has danced to the admiration of many, crashed like a pack of cards and scattered. Behold, Dein the dancer has travelled to another land to become king and was not going to be rescued by the audience who were still basking in the euphoria of the departing, fading entertainment. He was being hailed loudly by those who were jolted by his suddenly failing steps, the mighty fall of the Iroko to the ground and the belief that he was making up some magic.

Nigeria: 2023 Elections May Make or Mar Nigeria, Obasanjo Warns (AllAfrica.com)

Obasanjo spoke when the President of the Christian Association of Nigeria (CAN), Reverend Daniel T. Okoh, paid him a courtesy visit at his Olusegun Obasanjo ...

We are committed to the call Baba made. In the political sector, you set up the National Political Reform Conference, which I am privileged to be a delegate, representing the Christian faith. I think it's the mistake of the past (particularly in Christendom), that we say politics is not for the righteous.

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Image courtesy of "Daily Sun"

2023 may make, break Nigeria, Obasanjo warns (Daily Sun)

Former President, Olusegun Obasanjo, has declared that 2023 general elections is opportunity for Nigerians to take their destinies.

He appreciated the remarks so far about the CAN President, expressing optimism that his time as CAN President with bring peace and unity for Nigeria. “I think it’s the mistake of the past, particularly in the Christendom, that we say politics is not for the righteous. These were the few I could remember as I was planning for this visit.

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Image courtesy of "Guardian"

Nigeria targets $350m yearly, 110000 jobs from enhanced sugar ... (Guardian)

The Federal Executive Council (FEC), yesterday, approved the second phase of the National Sugar masterplan, a 10-year plan to save $350.

So, Council approved phase two of the National Sugar Masterplan,” he restated. “The plan has several policy measures or fiscal incentives to stimulate demand and attract private sector investment in the sugar industry. “Today, Council approved the extension from 2023 to 2033.

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Obasanjo: 2023 Elections Will Make or Break Nigeria – THISDAYLIVE (THISDAY Newspapers)

•Urges religious leaders to check politicians. •Warns they may wreck country. Onyebuchi Ezigbo in Abuja and James Sowole in Abeokuta.

Obasanjo, who commended the CAN president for his glowing remarks on him, said the Sultan of Sokoto had spoken about Okoh to him personally, “and I must say, I am impressed. We are committed to the call Baba made.” I think it’s the mistake of the past (particularly in Christendom), that we say politics is not for the righteous. These were the few I could remember as I was planning for this visit. Now, if we take the righteous away from politics, and we leave politics to the unrighteous, the unrighteous will smear the righteous with the unrighteousness that they will carry into politics and will have no where to go. Former President Olusegun Obasanjo warned that the 2023 general election could to make Nigeria a success story or cause its failure.

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2023 presidential campaigns: Nigeria's media must resist sophists ... (Vanguard)

The Electoral Act 2022 attempts to sensitise campaign conversations. But while the act prohibits abusive language and hate speech and requires the media to give ...

Credibility is all the lawyer has to sell; well, apparently not when the lawyer is a campaign spokesperson! Yet, the 2023 presidential campaigns are too important to be left to sophists. In 2002, Keyamo pursued up to the Supreme Court a case of certificate forgery against Bola Tinubu, then governor of Lagos State. To be sure, rhetoric itself is not bad; it’s the art of persuasion. In other words, the electoral act is not interested in ensuring that campaign statements and claims, made by the candidates or their proxies, help the voter in making an informed choice. Well, sophistry is the unscrupulous use of rhetoric.

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18 candidates vying for presidency in Nigeria start election campaign (Anadolu Agency)

Governing All Progressive Congress' Ahmed Tinubu, Peoples Democratic Party's Atiku Abubakar, Labour Party's Peter Obi are main contenders - Anadolu Agency.

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. We want them to open up the book; electorates deserve to know more about what is happening in government," Malam Nuhu Tahir, a media consultant and radio manager in northwestern Kano city, told Anadolu Agency. Ebenezer Arifalo, a retired university professor and traditional ruler of the southwestern Ondo state, said each of the contestants ought to have a clear approach to education, security and economy.

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Election campaign kicks off in Nigeria | Africanews (Africanews English)

The campaign for presidential and National Assembly seats officially kicked off Wednesday, Sept 28, in Nigeria. The electoral commission projected that 95 ...

Security and economic crises have caused hardship for many of the more than 200 million citizens of Africa’s most populous country. On September 20, the Commission published the final list of candidates for national elections – Presidential, Senatorial and House of Representatives – as provided in Sec. [meeting](https://inecnews.com/yakubu-optimistic-about-improved-national-security-before-2023-polls/) organised the by Centre for Democracy and Development on Sept.1 st, the chairman of the Independent National Electoral Commission (INEC) appealed "to all political parties and candidates to focus on issue-based campaigns".

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Nigeria's technocracy: Mere wishful thinking? (Businessday.ng)

We love technocrats. We advocate for capacity. We champion ideas and pray for leaders with intellect. Yet, more often...

Humans love attention and the right communication skill places just enough attention on the people to endear them to the right ideas. Just be certain that the 20 percent career politicians are competent and enjoy the goodwill of the people. Now, a legitimate government enjoys the goodwill of the people in their first 100 days. In the former, everyone is competent and looking to move up in the corporate world. In Nigeria, it is seen as a personal vendetta and will be treated as such. When a technocrat decides to run for an office, most times, they are convinced that they are the best candidate for the job. Simply put, your core support staff in public service will be the first to remind you that you have a tenured stay whereas the only security they enjoy, is this job. This is the cumulative energy you have when you know you are rarely wrong. In the latter, the order of the day is soldier come, soldier go, barracks remain. In the academia or private sector, the value they provide in a lot of ways takes them to the apex of their career. To be fair, this is not always the case. Thus, you see the technocrat struggling to lead a group of civil servants even with years of heading agencies in the private sector.

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Leather: Nigeria's Neglected Wealth (Leadership Newspaper)

The 'buy and sell' orientation to which Nigerians are always justifiably associated is an acceptable explanation of the consumption status of the country.

There appears to be a belief that the proper implementation of the policy on leather in which there are specific provisions that relate to some aspects of the national development plan is the only measure that will enable Nigeria to maximally benefit from the industry. All these are benefits that the country is now desperately trying to achieve and which will be the basis of its development. His additional explanation that more than 20,000 pairs of shoes are, on weekly basis, exported from Nigeria to other African countries as well as some nations in Asia and Europe must have given a bigger picture of the contributions of the leather industry to the national economy. The Institute’s Boss, Professor Yakubu, who doubles as the Chairman of the Strategic Plan Implementation Committee and therefore the face of the on-going revolution in the leather industry is fully aware of the challenges. It is obviously in a bid to address the crippling challenges in particularly the leather industry that the ‘National Policy on Leather and Leather Products in Nigeria’ was introduced in 2018 by the federal government. A lot of such sectors that should have been fully functional have, however, been rendered comatose as a result of which the entire national economy has become weak.

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Nigeria processes only 10% of cashew locally produced — Obasanjo (Vanguard)

ABUJA—FORMER President Olusegun Obasanjo has said that only 10 per cent of the cashew produced in Nigeria is gainfully processed for export.

They wrote to me and said they have accepted the challenge and I assure them they should call me at any time as I am always available.” “As minister of agriculture and rural development, I’m very proud, we can do better in the cashew sub sector. That’s why I gave them a challenge and they have all said they accepted the challenge.

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Politicians may destroy Nigeria, Obasanjo raises the alarm (The Punch)

Former President Olusegun Obasanjo has raised the alarm that the coming election will either make or break Nigeria.

“I think it’s the mistake of the past that we say politics is not for the righteous. I pray that it will make Nigeria. This is just as he warned that politicians may wreck the country if religious leaders are not watchful.

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Nigeria Needs Problem-solving Leaders – NCSU (Leadership Newspaper)

The leadership of the Nigeria Civil Service Union (NCSU) yesterday said Nigerian workers must look inward and do away with leaders who initiate problems.

In the council report, the assistant general-secretary, Comrade Daniel Otakpo charged union members to vote in leaders with visionary ideas that will transform the country from a consumer to productive economy. According to him, the theme was chosen to draw the attention of all and sundry to look at ways of bringing back the “engine room” of governance and the public service to its glory. The union leaders said Nigerian workers are wary of operating in an insecure environment and will wear a new thinking cap to proffer collective solutions to the economic, social and political problems affecting the country.

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Nigeria's Gigantic Failure In Refinery Capacity Is Buhari's Legacy Of ... (SaharaReporters.com)

The presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has said that the only legacy President Muhammadu Buhari is leaving after ...

The human rights activist and #RevolutionNow convener stated this on Monday in a tweet on his Twitter page while reacting to the refinery utilisation rate report by the Organisation of Petroleum Exporting Countries (OPEC). According to information on the infographic shared by Sowore showing details of the rating as obtained from OPEC by Stears, it was explained that refinery utilisation measures the percentage of a country’s refinery capacity that is utilised in refining crude oil produced.

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Don't allow politicians to destroy Nigeria, Obasanjo advises religious ... (Guardian)

Former President Olusegun Obasanjo has warned religious leaders against allowing unscrupulous politicians to destroy Nigeria.

I think it is the mistake of the past (particularly in Christendom) that we say politics is not for the righteous. According to him, “in 1976, he (Obasanjo) started with the establishment of this association, CAN and in September 1999, he formed the Inter-Religious Faith Council. Then the politicians will not be able to mess us around.

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Nigeria Presidential Hopefuls In Tight Race As 2023 Campaign Opens (CHANNELS TELEVISION)

With Nigeria's economy struggling and insecurity rife, four top presidential candidates start campaigning this week for next February's election in an open ...

But the PDP is struggling with a major split. But the PDP broke with zoning by naming Abubakar, a northern Muslim. The APC says Tinubu’s time as Lagos governor shows his political experience. APC also broke with practice by going with a Muslim-Muslim ticket. Obi’s campaign hopes their candidate can keep up his early momentum as an alternative. Nigeria’s constitution requires candidates to win a simple majority and 25 percent of the vote in two-thirds of the country, a nod to the ethnic and religious makeup.

Nigeria: As 2023 Campaigns Begin Today - 18 Candidates Want ... (AllAfrica.com)

The much-anticipated campaign for the nation's top seat begins today as 18 presidential candidates begin the process of convincing Nigerians to vote for ...

"The reason is that, in the course of electioneering, no candidate, whether from the government party or opposition party should forget that it is not going to be a level playing field. "As the ruling and most attractive party in Nigeria, we understand the sacrifices and understanding of our teeming members who are more than willing to volunteer themselves for this great task ahead. "The campaign team can accommodate all APC members, but the problem is how the council would be able to pay the allowance of these additional members. Add "General Overseer" Dele Alake and Blueprint newspaper's Mohammed Idris to the mix and the die is cast. We are going to make sure Peter Obi and all other candidates that win on the Labour Party platform are held accountable to the people". "This 2023 general election and the campaign is all about the people, they are the ones that will drive the process. Consequently, the activities earlier announced for the 28th of September will no longer hold "And they have continued to excel in other roles across the world. This will ensure that the choice of the people on who represents them at whatever level is respected. They are the ones already driving it as you can see across the length and breadth of Nigeria. "As a political party, we promised Nigerians that the party would run an issue based campaign. He continued: "Your sons and daughters have played very positive roles in the development of our country.

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