News
114% Salary Increase: Peter Obi Slams Tinubu, Others

Following the recent report on different platforms that the Federal Government is set to increase the salaries of the President, the vice president, the judicial workers and others by 114%, the presidential candidate of the Labour Party (LP) in the just concluded presidential election, Mr Peter Obi, has reprimanded the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) for the Planned salary increment for elected officials and public office holders in the country.
He also slammed politicians, including President Bola Tinubu and his Vice for allowing this to take place.
Obi in a series of tweets on Thursday, expressed disappointment over what he called an insensitive salary increase for political officeholders.
He described the salary increment at this moment as a deed in bad taste, considering the current economic situation and hardships faced by the citizens.
He cautioned that leaders should be focused on reducing the cost of governance and alleviating the suffering of the citizens.
His words, ‘‘I learnt with great reservation, the approval of a 114% increase in the salaries of elected politicians, including the President, vice, governors, lawmakers as well as judicial and public office holders by the Revenue Mobilization and Fiscal Commission (RMAFC).
‘‘This is not the appropriate time for such a salary increment if it is at all necessary. We are living in a time when an average Nigerian is struggling with harsh economic realities and with over 130 million Nigerians now living in poverty.
READ ALSO: Tribunal: Tinubu, INEC Kick As Peter Obi Tenders Total PVCs In 32 States
“This is a moment when recent reform measures by the government have increased living costs astronomically. One would expect the leaders and public officeholders to focus on cutting the cost of governance, alleviating the sufferings of Nigerians. This moment calls for creative ways of pulling the majority out of poverty.
”The leaders, therefore, should prioritize what affects the masses and those on the lower strata of society over themselves. n the immortal words of Shakespeare’s Julius Ceaser, “What touches us ourselves shall be last served.” The leaders, therefore, should prioritize what affects the masses and those on the lower strata of society over themselves.’’
Also reacting to the salary increase, Lead Director of the Centre for Social Justice, CENSOJ, Ezeh Onyekpere described the proposed increase as irrational, illogical and antithetical to common sense.
‘‘The proposed increase is irrational, illogical, antithetical to reason and common sense, considering that President Bola Ahmed Tinubu has been asking Nigerians to sacrifice and offer something in the national interest, the expectation was that such sacrifices by the popular masses of Nigerians, the poorest of the poor would have been matched with a greater sacrifice which should have been announced by the leadership class, who told us to tithen our belts.
‘‘The fact that people have lost their jobs and livelihood and their wages and salaries can no longer take them home in view of the increase in the price of PMS, following the withdrawal of subsidy and of course the liberalization of the Foreign Exchange regime which has increased prices.
‘‘So, the expectation was that the leadership should have offered something in return, or even cut down and not to think of an increase, so that the sacrifice of the masses will come a little close, not that it will be the same as the sacrifices of the Nigerian people.
READ ALSO: INEC Refused To Provide Documents We Asked For — LP, Peter Obi Allege
‘‘It is a big shame, is a replication of what Bola Tinubu did in Lagos, he increased taxes, generated more money and of course, the political class in Lagos shared it. Nothing improved in Lagos, that is why during the political era, people were lying Tinubu built Lagos, what did Tinubu built?, 3rd Mainland bridge, Cather bridge, National theatre, airports in Lagos, army barracks, NTA? No, what exactly did he built? He wants to make Nigerians pay more money, so that the political class will sit down and share the money.
‘‘It is provocative, and I expect NLC to simply demand proper living wage for Nigerians and they should insist on that. If Tinubu and Co insist on this, let them ground Nigeria until they get back to their sense because this is idiotic and stupid. I have no apology, if they think now is the time for them to increase their wages. And moreover, when you think of the National assembly, what is written on paper is not what they collect. What else do they really want? Shehu Sani told us what they collect. I am sorry, is a bunch of villains. The devil is at work and it needs to go back to pit of hail.’’
Social and economic rights advocate, Frank Tietie stated that the President, Bola Tinubu should have announced long time ago that he would not be collecting salary.
According to Tietie, who spoke during an interview said, ‘‘by the time the president take this position including the governors, the national spirit will be revived and this could help in rebuilding the system.’’
Frank Tietie also recalled that just recently the first Lady stated that the family is rich and has enough, there would not be any need for her to have such an increase in salaries.
He expressed his disappointment over the report that salaries of public servants will be increased by 114%.
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.
Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.
READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma
La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.
The 24-year-old has two years left on his contract with the Serie A club.
The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.
DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.
A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria
“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.
“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti
Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.
“Women-led enterprises are critical to economic activity, yet they face structural barriers.
This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”
“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).
READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti
“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”
Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.
Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.
Applications for the zero-interest loan are now open.Apply now.
-
Politics4 days ago
2027: Tinubu’s Re-election May Put An End To Nigeria — Baba Ahmed Warns
-
Business4 days ago
JUST IN: Nigerian Filling Stations Reduce Fuel Price After Hike
-
Entertainment5 days ago
Actress Eniola Badmus Gets New Federal Appointment
-
News2 days ago
BREAKING: Wike Picks Alabo George For Rivers Governorship
-
News4 days ago
2027: Pastor Adeboye Speaks On Nigeria’s Next President
-
Politics4 days ago
NDC Speaks On Peter Obi, Kwankwaso Joining Party
-
News3 days ago
OPINION: Why South Africans Murder Nigerians In Cold Blood
-
Politics5 days ago
2027: Pondi, Otuaro, Other Delta South Stakeholders, Endorse Senator Joel-Onowakpo For Second Term
-
Politics2 days ago
JUST IN: Why I left ADC For NDC With Kwankwaso – Peter Obi Opens Up
-
Business2 days ago
Why We Sited Our Multi-Billion Naira Automobile Firm Branch in Benin – Skyewise Group CEO