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Why Legal Action Against Sitting Governors, President May Breach Constitution – Part 3

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Thus, it baffles me why the vast majority of the respondents’ attorneys in the deluge of petitions that followed the 2007 general elections, for instance, arrived in the Election Tribunals believing that the petitioners or plaintiffs needed to establish their claims beyond a reasonable doubt. Many of them, regrettably, found supporters in most tribunals, which is why the processes were drawn out and never ended. The politicians have gotten the message: go ahead and work with law enforcement and INEC to rig the system so that the opposition is not burdened with proving its case beyond a reasonable doubt!

For what reason should an Election Tribunal function similarly to a Crime Tribunal? A tribunal’s only option regarding any established crime in an election suit is to recommend to INEC, as stated in Section 144 of the Electoral Act, 2022 [which is equivalent to Section 157 of the Electoral Act, 2006]: “The Commission (INEC) shall consider any recommendation made to it by a tribunal with respect to the prosecution by it of any person for an offence disclosed in any election petition.”

Injustice in Nigeria has undoubtedly been committed and sustained by the Supreme Court’s decision in Unongo v. Aper Aku, which established the loophole that permits election petitions to virtually run indefinitely! The judiciary has been given election authority instead of the electorate. Election malpractice, bribery, corruption, and political perfidy have all been promoted by it. It has promoted “do or die” politics, according to which we shall be in power and battle from the mountain while the opposition party will fight from the valley for however long it takes. How could an extra-constitutional ruling be anything more?

I’ll say it again: Nigerian courts are not empowered to permit electoral proceedings against the president or a current governor. Election suits can only be heard by the courts prior to the Electoral Commission’s declared winner being sworn in as president or governor. Because of this, the Nigerian Constitution of 1979 or 1999 stipulates that only four circumstances can result in the resignation or death of a governor or president, or in the impeachment of a current one.

The 1999 Constitution’s s.146 (1)(2), which is substantially the same as the 1979 Constitution’s s.134 (1)(2), is as follows for any confusion: 146. (1) In the event that the President is removed from office for any cause under section 143 or 144 of this Constitution, including death, resignation, impeachment, permanent incapacity, or any other reason, the Vice-President will assume the President’s duties. (2) In the event that a vacancy arises under the conditions outlined in this section’s subsection (1) while the vice president’s office is also vacant, the Senate President will step in as president for a maximum of three months, during which time a new president will be elected to serve the remaining term of the previous occupant. Permanent incapacity is covered by s.144, whereas impeachment is covered by s.143. Impeachment and permanent disability are lengthy procedures, unlike death or resignation, which is why they are emphasized. The Nigerian Constitution’s founders never considered removing an incumbent governor or president due to a court-ruled nullification of an election.

A governor or the president, by virtue of s.308 of the constitution, is not a compellable witness; no court in the land can subpoena him, I stated in the opening section of this speech. The court has the authority to order the attendance of any contender, including the president-elect or the governor-elect. Additionally, I noted that “subsections 5 to 8 inserted into s.285 of the 1999 Constitution following the 2010 constitutional amendment exercise are in utter conflict with s.191, s.146, and s.308(1a), and run contrary to the intention of the framers of the constitution.” A state governor’s or president’s term cannot be extended by election petition proceedings. Because they are against natural justice, common sense, and the framers’ intent, subsections 5 to 8 of s.285 should be overturned by the courts.

The Supreme Court must go back and change its mind. In the case of Unongo v. Aper Aku (1983), we cannot even claim that the court committed a legal error because it was functioning outside of the constitution. However, we should consider the Lord Chancellor’s remarks when the British House of Lords voted to eliminate the absolute binding power of their own verdicts on legal matters in 1966, even if we accept that the highest court just made mistakes in the law.

According to their Lordships, precedent is a crucial basis for determining the law and how it applies to certain situations. It gives people a framework for the orderly development of legal standards and at least a certain level of assurance that they can rely on when conducting their affairs. However, their Lordships acknowledge that a too rigorous regard to precedent can both unnecessarily impede the proper development of the law and result in unfairness in a given case. As a result, they intend to change their current procedure and, although they will still consider earlier rulings from this House to be legally binding, deviate from them when it is appropriate to do so. It is not the intention of this pronouncement to influence precedent-setting outside of this House.

At this point, the Nigerian Supreme Court must take advantage of the first chance it has to reverse itself intrajudicially.

And how can we get out? According to Section 233(5) of the 1999 Constitution, any Nigerian citizen or fellow countryman with an interest in this issue may request permission from the Supreme Court to join any election petition involving the president or any governor if and when the case reaches the highest court. The application will ask the Supreme Court to halt, dismiss, or put on hold legal action against the president or a governor due to a lack of jurisdiction.

“The court will not listen to a busybody who is interfering in things which do not concern him, but it will listen to an ordinary citizen who comes asking that the law should be declared and enforced, even though he is only one of a hundred, one of a thousand, or one of a million who are affected by it,” the late Master of the Rolls, the legendary Lord Denning, wrote in The Discipline of Law. This statement provides guidance on the issue of locus standi, which will inevitably arise upon such an application by any concerned citizen or other person having an interest in the matter. Therefore, it can be claimed that the new approach has produced an actio popularis in England, which allows an average citizen to enforce the law for the good of all.

Read Also: Nine Confirmed Dead as Boat Overturns in Jigawa, Rescuers Save Others

Let’s say we have a popular movement in Nigeria. The Supreme Court of Nigeria should not continue to make mistakes. At page 275 of Adegoke Motors vs. Adesanya, [1989] 13 NWLR, pt.109, 250, the late Justice Chukwudifu Oputa immortalized the following: “We are final not because we are infallible; rather, we are infallible because we are final.” Because they are human, the justices of this court are prone to mistakes. Being blind to this clear fact will undoubtedly be shortsighted hubris. It’s also true that this Court’s shrewd rulings have the potential to accomplish immeasurable good. Similarly, the Court’s errors might cause irreversible injury. Learned counsel should therefore have the guts and bravery to request that a decision be overturned when it seems to them that it was rendered per incuriam in this Court. This Court is able to overrule itself, and it has done so in the past because it firmly believes that it is preferable to acknowledge mistakes than to continue making mistakes.

How much more leeway do the five months allowed under s.178(2) or s.132(2) of the 1999 Constitution, as amended, which stipulate that a presidential or gubernatorial election may be held 150 days prior to the swearing-in date, have if the 1979 election issue could be resolved?

Nine Confirmed Dead as Boat Overturns in Jigawa, Rescuers Save Others

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Jigawa State saw tragedy on Sunday, July 27, 2025, when a boat accident in Taura Local Government Area claimed the lives of nine people, primarily young girls.
The event was confirmed by the National Emergency Management Agency (NEMA) in a Thursday update posted on its official 𝕏 handle.
NEMA’s Kano Operations Office reports that the victims were traveling in a canoe from Digawa Village in Jahun LGA to Zangon Maje Village in Taura LGA when the boat overturned at approximately 7:00 p.m.

According to the statement, “NEMA Kano Operations Office Assesses Boat Mishap at Zangon Maje Village, Taura LGA, Jigawa State, 30th July 2025,” there were 17 people on board when the incident occurred.

Read Also: NDLEA, Ministry of Education Collaborate on Drug Education for Students

According to the findings, the unfortunate event happened on Sunday, July 27, 2025, at around 7:00 p.m. According to the agency, the vessel sunk in the middle of its journey from Digawa Village in Jahun Local Government Area to Zangon Maje Village in Taura LGA, carrying 17 passengers, the most of whom were young girls.

NEMA reports that local divers who rushed to the incident managed to save eight of the passengers alive. Regretfully, the deaths of the other nine passengers were verified.

Together with members from the Jigawa State Emergency Management Agency (JSEMA), the National Inland Waterways Authority (NIWA), and local government, the agency has subsequently carried out a thorough evaluation of the disaster.

In reaction to the event, NEMA and its partners conducted a community sensitization program, emphasizing the use of life jackets and other safety precautions when traveling by water.

NEMA further stated, “NIWA also donated life jackets to the community as part of the response efforts.”

The organization reaffirmed the need for rigorous adherence to water travel regulations, particularly in rural areas where canoe dependence is still prevalent.

NDLEA, Ministry of Education Collaborate on Drug Education for Students

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On Wednesday, the National Drug Law Enforcement Agency’s Chairman/Chief Executive, Brig Gen Mohamed Buba Marwa (rtd.), led a delegation of his management team to a meeting with the Minister of Education, Dr. Maruf Olatunji Alausa, in Abuja. The agreements reached between the two agencies include mandatory drug integrity testing for students attending tertiary institutions and a review of the current secondary school curriculum to incorporate drug education.

While stressing the terrible impact of substance misuse on the nation’s children, Marwa had praised the minister for his proactive attitude to his work during the meeting.

The battle against illegal drugs, he said, is a battle for the souls of young Nigerians.

The goal of our visit is to work with this prestigious ministry to support our joint efforts to combat drug use in Nigeria. Schools and educational institutions will essentially be the focus of our attention.

The fact that this ministry is responsible for the supervision of millions of our youngsters is quite important.

We are all aware of how widespread the drug problem is in Nigeria. We are genuinely engaged in a battle for our children’s souls. Currently, we also know that drug use is making criminal activity worse.

For example, Boko Haram, terrorism, banditry, and so on. “We know that without drugs, they would not be able to do what they are doing, because they would not do all these criminal activities in their right senses,” the expert said.

Thus, in our own small way, we are helping to combat the nation’s insecurity. Today, we have continued to deliver deadly blows to the drug cartels through law enforcement operations.

Through the asset forfeiture, arrests, convictions, and seizures, we are certain that we are doing everything in our power.

“We have arrested 40,887 criminal elements, convicted 8,682, and seized 5,507 metric tons of illicit drugs in the last two years, all with the support of President Bola Tinubu.”

Indeed, since January of last year, we have collected almost one billion opioid pills, primarily tramadol, valued at about N1 trillion.

President Tinubu has also authorized the construction of one model rehabilitation center in each of the nation’s geopolitical zones, Marwa said, adding that the president is also supporting the agency’s plans to construct seven rehabilitation centers in addition to the 30 that are currently spread across NDLEA commands nationwide.

He stated that in order to effectively combat the threat of substance misuse among Nigerian youth, he would like the Ministry and NDLEA to work together in three crucial areas.

The first recommendation we have, he said, is to examine the secondary school drug education program.

We’ve been informed about this in the past, but given the complexity, dynamic nature, and new psychoactive substances that have emerged, we believe it’s time to reevaluate the drug education process.

Additionally, we were considering proposing the implementation of independent drug misuse prevention programs in secondary schools.

Read Also: Dropping Shettima Could Jeopardize 2027 Bid – Former Minister Cautions Tinubu

This time, the focus is on self-contained programs, parent involvement, lectures, competitions, and other activities rather than the curriculum.

The third thing we were considering was implementing a drug-testing program in higher education because we want a mechanism to maintain the cleanliness of our campuses.

Several vice chancellors have independently approached us to ask for our advice and to participate in administering drug tests to their students.

We now recommend random testing, drug testing for new students, and drug testing for students returning from vacation.

Knowing full well that there would be repercussions if they use drugs and are discovered, this will encourage the kids to abstain from doing so.

Furthermore, rustication is not a necessary outcome. In response, the minister praised Marwa’s dedication to serving Nigeria and his unwavering commitment.

We appreciate your service to Lagos. In addition, General Buba Marwa has dedicated his life to fighting for this nation. His service to the nation has continued since I first met him thirty years ago.

His passion was evident in the manner he outlined the nation’s issues and what he wanted us to accomplish. As he was speaking, I took notes, and it seemed as though I had seen his prepared remarks beforehand. I really appreciate you coming to visit us.

The drug epidemic, he said, is a serious issue that has to be addressed immediately.

“Youth who use drugs refuse to attend school, and even when they do, they do not receive a useful education.

And what happens when the day is over? They are less able to think critically. It drastically impairs their capacity to make wise choices in later life. They are thus no longer employable. What comes next? That vicious loop has sprung upon you. They are not working. They don’t benefit from it.

They only engage in criminal activity. You are likely to have a dysfunctional family after you start using drugs. It is a serious threat that we must address as soon as possible.

Dropping Shettima Could Jeopardize 2027 Bid – Former Minister Cautions Tinubu

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According to Adebayo Shittu, the former minister of communications, President Bola Tinubu’s chances of winning reelection could be harmed if Kashim Shettima is removed from consideration as his vice presidential candidate in the 2027 presidential election.

In an interview on AIT on Wednesday, Shittu revealed this, emphasizing that the vice president is doing a great job and that no one on the winning team has to be changed.

He said that the much-discussed Muslim-Muslim ticket shouldn’t be used as an excuse to replace the former governor of Borno State.

He insisted that Shettima’s appointment was justified, claiming that he is an exceptionally bright vice president.

“I’m not sure what he’s done to make folks concerned that he would behave differently.

Additionally, I do not believe Shettima should be pre-verified to be on Tinubu’s squad. We need to exercise extreme caution if such proposals come from any sources.

There will undoubtedly be numerous disturbances, and the prospect of a second Tinubu presidency would be jeopardized. The victorious team will have to go on. People who don’t do anything wrong aren’t punished.

“When the Muslim-Muslim ticket was first promoted, I can assure you that all those, especially the Christians who were unhappy about it, have not lost anything as a result of it,” he said in response to the question of whether the Muslim-Muslim ticket was the likely cause of those encouraging his change.

I can guarantee you that more Christians in the South have received excellent postings than Muslims, despite the fact that I am a Yoruba-born Muslim and a very fervent APC supporter.

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The boat has paid off so well that I don’t understand why anyone would want to upset it.

The APC should not take any opposition group for granted, he said, in reference to the African Democratic Congress (ADC) as a potential challenge to the ruling party.

“Every political group must be treated seriously because these individuals are Nigerians, politicians, and human beings.

We are in a free environment as well. rights to freedom of action and association. Therefore, I do not undervalue any gathering.

“We do have reason to unite at this point as the APC,” he continued.

As you remember, we were able to flourish as APC mostly due to two reasons. First and foremost was the degree of corruption the PDP was displaying as a government.

Then there was the subpar performance of the previous administration. Thus, all governments need to be alert and respond to their opponents’ responses in a suitable manner.

Victor Osimhen Completes €75 Million Transfer to Galatasaray Following Impressive Loan Stint

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Ending months of rumors and completing one of the biggest moves of the summer, Nigerian sensation Victor Osimhen has officially joined Turkish powerhouse Galatasaray SK in a huge €75 million transfer from Napoli.
On the evening of Wednesday, July 30, 2025, 26-year-old Victor Osimhen arrived in Istanbul, where he was greeted by thousands of joyful Galatasaray supporters.
The night was illuminated by fireworks, and as supporters yelled his name, Osimhen, who was clearly moved, grinned and waved.
Shortly after, Galatasaray made an official announcement on social media that he had permanently joined the team. He included a dramatic video montage of Osimhen’s arrival as well as behind-the-scenes airport footage.
A livestream of the Nigerian international’s flight into the city had been used by the club to tease supporters for hours prior to that.

The situation is nothing new to Victor Osimhen. The Nigerian striker reportedly spent the previous season on loan at Galatasaray, where he established himself right away by scoring important goals and winning over many supporters.

Due to his impressive 2024–2025 season, the club’s board decided to make a long-term commitment.

Read Also: ‘Top Agent of Disruption’ – Nwosu Accuses Kachikwu of Undermining Coalition

An initial payment of €40 million this summer, an extra €35 million due in 2026, and an additional €5 million in performance-related add-ons make up the transfer structure, which indicates Galatasaray’s calculated investment.

Osimhen walks out of Napoli with a swagger. He was an important member of the team that won the Scudetto in 2023, a historic victory that put an end to the team’s decades-long title drought. He gained worldwide reputation as one of Europe’s best strikers thanks to his performance in Italy.

‘Top Agent of Disruption’ – Nwosu Accuses Kachikwu of Undermining Coalition

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Dumebi Kachikwu, the party’s 2023 presidential candidate, has been charged by ADC founder Ralph Nwosu with being the primary agent employed to destroy the alliance.
According to reports, Nwosu emphasized that the party no longer wants Kachikwu and confirmed his expulsion in an interview on ARISE Television.

Nwosu claims that Kachikwu has been utilizing funds from various sources to finance the effort to dismantle the alliance.

We recalled those individuals from our ADL, which was organized by our NEC,” he stated. And yesterday, we forgiven them for everything in our NEC. On his behalf, however, we stated that we no longer wanted Dumebi Kachikwu.

Read Also: Markets in Lagos, Onitsha, Aba Targeted as NAFDAC Rakes in N2.5bn

In terms of gathering resources from all sources and financing the process to undermine our efforts to fortify our alliance, he has been the most effective agent.

Additionally, Nwosu voiced concern that the ruling All Progressives (APC) was reportedly attempting to weaken the alliance rather than engage in fair competition.

“There are individuals in APC who believe that if we provide this and they think it’s too little, we just up it,” he said. But they didn’t succeed this time.

In highlighting the party’s increasing power, the ADC pioneer chairman emphasized that the party’s system had to be relocated to a foreign server due to the quick rise in online membership registration.

“Babachir Lawal called me and said they want 2.5 million membership cards for just the Northeast,” he continued. They had previously just purchased 500, roughly two weeks prior.

“Our website is now located on Amazon.com. After it crashed twice, we had to relocate it to one of the more advanced international warehouses.

Markets in Lagos, Onitsha, Aba Targeted as NAFDAC Rakes in N2.5bn

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According to information released by the National Agency for Food and Drug Administration and Control (NAFDAC), recent enforcement raids targeting illegal drug sales in three major cities—Lagos, Onitsha, and Aba—generated N2.5 billion in fines.

Prof. Mojisola Adeyeye, the agency’s director general, revealed this on Wednesday when he appeared before the House of Representatives’ Committee on Food and Drug Administration and Control.

“It was collected as penalties from vendors who were caught selling counterfeit and substandard pharmaceutical products in open markets across the country,” she said.

She explained that all of the money was transferred to the official NAFDAC account.

While N159 million had to be borrowed from a donor-funded grant to support the endeavor, N996 million of the N2.537 billion earned was utilized to carry out the enforcement actions.

The agency’s remaining balance was roughly N206 million after an extra N1.175 billion was spent on regulatory expenses.

“The operation, which involved the deployment of over 1,300 security personnel, uncovered a wide array of violations, including the sale of expired drugs, unregistered medicines, and poor storage practices,” Prof. Adeyeye added.

She claimed, “The charges were paid straight into NAFDAC’s account.” “We invested close to N1 billion in activities in Aba, Onitsha, and Lagos. We had to borrow N159 million from a donor grant since we didn’t have enough funds.

Approximately N207 million was left over after N1.175 billion was spent on regulatory actions.

She mentioned that some dealers were discovered to be selling dangerous narcotics and prohibited medications like tramadol.

She emphasized that the fines were essential for upholding standards and were not punitive.

To promote compliance, the default penalty for breaking Good Distribution and Storage Practices (GDSP) was reduced to N500,000 in many instances.

Adeyeye bemoaned the Federal Government’s revenue restrictions, which have seriously weakened the agency’s ability to maintain comparable enforcement activities.

She clarified that while NAFDAC had N19 billion in its account at the end of 2023, only N4.5 billion was ultimately released because N9 billion had been taken out before the agency could access it.

Adeyeye spoke on NAFDAC’s 2024 operation in Kano, describing it as a special court-ordered intervention that was very different from the enforcement measures in southern cities.

The raid, she added, came after a Federal High Court ruling on February 16, 2024, which ordered open drug market vendors to move to the recently constructed Kanawa Pharmaceutical Centre, a Coordinated Wholesale Centre (CWC).

The traders objected. Violent threats were issued. We replied by using heavier padlocks to secure their stores once they locked them, she claimed.

“They had to consent to move to the regulated CWC before they could reopen.”

Due to the legal mandate and the unstable security environment, no fines or administrative charges were collected in Kano, in contrast to the southern operations.

Following the traders’ relocation, post-marketing surveillance was carried out.

She remembered that around the beginning of January 2024, “our accounts had just been frozen and reopened with a zero balance.”

“We had to relocate more than 1,300 stores to the regulated facility in accordance with the court’s order, despite the financial strain.”

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Noting that it was the only state that had complied with the presidential direction long before her term, she praised the Kano State government for creating the CWC.

In contrast, NAFDAC had to examine and punish violators in Lagos, Onitsha, and Aba because these cities lacked CWCs.

Adeyeye responded to parliamentarians’ worries about what they saw as preferential treatment of Kano traders by stating that the agency’s actions were motivated by the court’s haste and the danger to its employees.

“More inspections or charges might have been ideal in hindsight,” she remarked. But things were too tense; one of our lawyers was almost attacked.

Safety and adherence to the court’s ruling had to come first.

Adeniji Nma, the Director of Finance and Accounts for NAFDAC, also informed the committee, indicating that NAFDAC may now automatically remove a sizable amount of its earnings because the Office of the Accountant-General of the Federation (OAGF) reclassified the organization as a revenue-generating agency.

“Since 2024, half of all payments made to NAFDAC have been withheld and transferred to the federal treasury due to an order from the OAGF,” she stated.

This deduction rose to 75% by 2025. Because the majority of our payments are service-based and directly related to inspections and other activities, this makes it very difficult for us to finance our operations.

Following the presentation, committee member Hon. Emeka Idu requested a thorough, site-by-site analysis of the money obtained from the enforcement operations.

The committee’s chairperson, Hon. Regina Akume, deemed the presentation lacking and instructed the agency to submit a comprehensive report detailing all income received and distributed, including precise numbers from every location.

“A comprehensive picture of the inflows and expenditures is still lacking,” she stated. “Go back, clean up your records, and then return with a proper breakdown.”

 

Port Harcourt Refinery Rehabilitation Nears Completion, NNPC Assures

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The Nigerian National Petroleum Company Limited (NNPCL) has formally declared that it would not sell the Port Harcourt Refining Company and has reaffirmed its intention to retain the plant and carry out excellent rehabilitation.

The corporation said in a statement on Wednesday that Bashir Bayo Ojulari, the Group Chief Executive Officer (GCEO) of NNPC Limited, made the announcement during a town hall meeting held for the entire business on Tuesday at the NNPC Towers in Abuja.

“It’s not a shift situation,” he said. Instead, the refineries in Port Harcourt, Kaduna, and Warri are the subject of continuous, in-depth technical and financial analyses.

According to the ongoing study, the previous choice to run the Port Harcourt refinery before its rehabilitation was finished was ill-informed and sub-commercial, Ojulari stated.

Even though all three are making progress, the statement added, the new view necessitates more sophisticated technical collaborations to finish and upgrade the Port Harcourt refinery’s restoration. Selling is therefore quite improbable because it would cause more value depreciation.

His comments at the 2025 OPEC Seminar in Vienna, Austria earlier this month, where he told Bloomberg that “all options are on the table,” sparked a lot of conjecture before the announcement.

Regarding the country’s refining assets, the remark generated headlines and conjecture.

Hundreds of work members responded to the announcement with cheers, characterizing the role as a revitalized feeling of business-oriented guidance throughout the company.

The town hall was more than just a performance review, according to the statement; it was a chance for open and productive discussion.

In their presentations, the executive vice presidents highlighted operational accomplishments, continuing changes, and areas that needed attention from the Upstream, Downstream, Finance, Business Services, Gas, Power, and New Energy businesses.

Challenges and past mistakes were acknowledged, and a clear road map for the future was laid out in a tone that was characterized by leadership and honesty.

According to the statement, the declaration demonstrates NNPC’s strong commitment to completing the restoration and ensuring the long-term sustainability of Nigeria’s refineries, as well as its responsibility as a key custodian of the country’s energy infrastructure.

Keeping vital assets under national control and maintaining continuity in the Federal Government’s larger energy security goals are also indicated by this.

Read Also: Kalu: Atiku Has What It Takes to Lead Nigeria in 2027

Feedback from the workshop, both during and after, indicated that the workforce was motivated and in line with the leadership’s goals.

Referred to as “reassuring,” “transformational,” and “sustainable,” the environment demonstrated a positive perspective among staff members and optimism for the company’s changing strategic direction.

According to Ojulari’s conclusion, “NNPC Ltd will continue to reposition itself as a commercially driven, professionally managed national energy company, grounded in transparency, focused on performance, and unwavering in its responsibility to its number one stakeholder group, Nigerians.” The NNPCL Drills Four Oil Wells in Bauchi’s Kolmani Four oil wells have been sunk by the Nigerian National Petroleum firm Ltd. in the Kolmani region of Bauchi State, according to Mr. Yusuf Usman, a director of the firm.

Furthermore, he reiterated the company’s dedication to exploring and developing oil and gas resources in the country’s northern region.

During the two-day interactive Session on Government-Citizens Engagement hosted by the Sir Ahmadu Bello Memorial Foundation in Kaduna on Wednesday, Usman made this statement.

According to Usman, “The NNPCL has drilled four wells in the Kolmani region of Bauchi State thus far, and is now assessing the best technology to be used for the subsequent drilling phase.”

Five CNG and Liquefied Natural Gas (LNG) plants are being built in Kogi as part of President Tinubu’s Compressed Natural Gas Program.

“Gas supply and accessibility throughout the northern region are anticipated to be improved by these plants.”

Kalu: Atiku Has What It Takes to Lead Nigeria in 2027

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ECK Foundation President Dr. Emeka Kalu has thrown his weight behind Alhaji Atiku Abubakar’s 2027 presidential campaign, highlighting the former vice president’s qualities to lift the nation out of its current state of economic and security stupor.

According to a statement released by Kalu on Thursday, Atiku’s expertise and perseverance were crucial elements that made him a formidable contender to unseat President Bola Tinubu in the 2027 presidential contest.

Read Also: Stronger GDP Forecast for Nigeria Signals Job and Investment Growth

“Supporting Atiku could be a strategic move for the Igbo people, potentially opening the door for Mr. Peter Obi in the future and giving the Igbo community a say in the power dynamics in Nigeria,” he said.

During his time as vice president, Atiku demonstrated his capacity to promote economic liberalization, trade investments, and job creation. He emphasized that Atiku’s leadership experience and vision were crucial for reviving Nigeria’s economy.

Additionally, he emphasized that Atiku was the best candidate to bring Nigeria together because of his political capacity to nurture ties among its many areas.

In his view, Atiku’s national appeal has the potential to unite people across party and ethnic divisions.

An Atiku administration will result in major improvements in infrastructure, investment, and security, and it will eventually boost Nigeria’s flagging economy, he continued.

“Atiku is also a detribalized Nigerian who has the ability to unite people.” Regrettably, ethnic tensions have long afflicted Nigeria’s political environment.

A alliance without a common goal would be ineffectual, Kalu added, underscoring the significance of opposition groups being united.

The need for selfless, competent, and trustworthy leadership to restore Nigeria’s economic stability is one of the reasons he urged Nigerians to support Atiku’s nomination as the People’s Democratic Party’s (PDP) 2023 presidential candidate.

Stronger GDP Forecast for Nigeria Signals Job and Investment Growth

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The International Monetary Fund’s (IMF) updated forecast for Nigeria’s GDP growth rate, which was raised to 3.4 percent, has been characterized as one that might encourage public investment, jobs, and incomes.

Despite continuing reforms and increasing macroeconomic indicators, the updated figure represents a favorable evaluation of Nigeria’s economic prospects, even though it still falls short of United Capital Research’s forecast of 4.1 percent.

A Confidence Boost

“The IMF’s upward revision is a vote of confidence in the economic reforms pursued by the administration of President Bola Tinubu and Central Bank Governor Olayemi Cardoso,” according to analysts at United Capital Research.

“These reforms have been difficult, but they are now starting to produce small macroeconomic benefits, ranging from the removal of fuel subsidies to the liberalization of foreign exchange.”

This improved prognosis, the analysts say, might spur deeper investor interest, especially from foreign portfolio investors (FPIs) and foreign direct investors (FDIs).

According to economists, Nigeria’s financial markets are already showing more propulsion, with foreign inflows bolstering higher values for government assets and stocks.

In light of lower risk premiums, rates on Nigerian Treasury Bills (NTBs) and bonds are anticipated to decrease as market sentiment improves.

Naira Strengthening

The foreign exchange market could be another advantage of the IMF modification. Naira volatility has been a problem for Nigeria in recent years, but greater capital inflows and confidence about economic growth could stabilize the naira.

The local currency may end 2025 between N1,490 and N1,520 to the US dollar, according to United Capital Research’s forecast. This is a greater estimate than previous estimates that put it over N1,600/$1.

All sectors of the economy would benefit from a more stable or rising naira. Import prices would drop, which would ease inflationary pressures on consumer products, factory inputs, and medications, to start.

Better profit margins for businesses in import-dependent industries and more stable prices for consumers may follow from this.

Rewards for Regular Nigerians

For ordinary Nigerians, the updated growth prediction has great potential, regardless of market performance and investor confidence.

A spike in activity is anticipated in industries like manufacturing, services, and agriculture as GDP growth picks up speed.

The researchers predicted that this would boost company growth and raise labor demand, which would result in more jobs and greater household incomes.

Moreover, banks might be more inclined to lend to consumers and small enterprises as they react to better macroeconomic circumstances and a more stable investment climate.

This has the potential to improve access to financing for consumer credit, housing, and entrepreneurship—areas that have historically experienced severe credit constraints in Nigeria.

In addition to increasing government tax collections, increased economic activity would eliminate the need to raise tax rates.

This creates opportunities for increased public spending on vital sectors like infrastructure, healthcare, and education—improvements that have a direct impact on productivity and quality of life.

Corporate Nigeria Could Benefit

Additionally, the improved outlook is expected to help the private sector. A direct benefit is the possibility of lower borrowing costs.

As opinions about Nigeria’s risk level decrease, local businesses might be able to get financing at more affordable rates.

This is especially crucial for sectors that require a lot of capital, like manufacturing, telecom, and construction.

More macroeconomic predictability may also give businesses the confidence to invest for the long run.

Agro-processing, finance, and renewable energy are already grabbing the interest of investors.

In a growth-friendly atmosphere, companies might be more inclined to explore underserved markets, launch new product lines, and increase production capacity.

Should the naira strengthen as anticipated, businesses that depend on imported raw materials, like those in manufacturing, retail, and pharmaceuticals, would see a drop in operating expenses. Better pricing tactics, more competition, and more profits might all be made possible by this cost efficiency.

The Warnings: Things That Need to Be Adjusted

Although the predictions are hopeful, experts caution that overcoming some of Nigeria’s most obstinate structural issues is necessary to fully realize this economic potential.

The main one is insecurity, particularly in areas that produce food. Northern Nigeria is plagued by ongoing banditry and violence, which hinders rural development, raises food costs, and disrupts agricultural output.

One further significant obstacle is the electricity sector.

Stephen Iloba asserts that “power shortages continue to be a major drag on economic performance.” In order to increase output and lower operating costs, United Capital Research states that it will be essential to settle the sector’s legacy debts, particularly those due to independent power producers and gas suppliers.

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Although changes are in place, they need to be expanded in the oil and gas industry. Despite being a significant milestone, the Petroleum Industry Act’s (PIA) implementation has been slow.

Nigeria’s enormous hydrocarbon potential will need to be fully realized by addressing regulatory ambiguity, encouraging openness, and drawing in new investment for upstream and midstream operations.

The Way Ahead

Analysts predict Nigeria might expand by more than 4.1 percent in 2025 and provide the groundwork for double-digit growth in the medium run if these structural impediments are successfully removed.

By doing this, the nation’s current economic stagnation would be historically reversed, and it would begin its journey toward long-term prosperity.

Continued momentum of existing improvements is also vital. Despite a slow decline, inflation is still high.

Exchange rate policies nevertheless need to be consistent and clear, despite their improvement. Additionally, the government must be cautious when it comes to debt buildup, making sure that fresh borrowings are directed toward initiatives that would boost growth rather than ongoing expenses.

A positive indication is Nigeria’s predicted increase in GDP growth. A stronger reform narrative, better global perceptions, and a slow resurgence of investor interest are all reflected in it.

The task is far from over, though. Transforming this prediction into real benefits for the populace will need political will, strict adherence to policy, and consistent reform implementation.

All eyes will be on Nigeria as it capitalizes on this chance as 2025 goes on. If properly handled, this might be the start of a new era, one in which Africa’s most populous country turns economic expansion into tangible, extensive development.