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Obasanjo Chides Tinubu On Subsidy Removal, Forex Policy, Handling Of Coup In Niger

Published

1 year ago

May 27, 2024

Former Olusegun Obasanjo has tackled President Bola Tinubu for poor handling of fuel subsidy removal, flotation of the naira and the military coup in Niger Republic.

He said though subsidy removal and the government’s forex policy were desirable, they were poorly handled by the government.

The former president observed at a colloquium,” Nigeria’s Development: Navigating the Way Out of the Current Economic Crisis and Insecurity” delivered at the Paul Aje Colloquium, tPAC, in Abuja weekend.

However, efforts made to get reactions from the President’s Media office were unsuccessful but a Presidency source simply said: “It is his personal opinion, he is entitled to that but we don’t want to reply to him.”

But Obasanjo also took a swipe at those against his position on the much-touted refurbished refinery in Port Harcourt, Rivers State, describing them as “sycophants and spin doctors”.

He declared that such people failed to remember that the attempt made in 2007 to partly privatise the refineries was made him, after a thorough study of the situation, hence his knowledge and better understanding of the situation before making his decision late last year.

On what could be described as his position on 365 days of President Bola Ahmed Tinubu’s administration, the former president also spoke on ways out of the situation in the country, including a 25-year development agenda.

He said: “Today, the government has taken three decisions, two of which are necessary but wrongly implemented and have led to impoverishment of the economy and Nigerians. These are the removal of subsidies, closing the gap between the black market and official rates of exchange and the third is dealing with the military coup in Niger Republic.

“The way forward is production and productivity which belief and trust in government leadership will engender. No shortcut to economic progress but hard work and sweat.”

‘Economy doesn’t obey orders’

“Economy does not obey orders, not even military orders. I know that. If we get it right, we will begin to see the light beyond the tunnel in two years. It requires a change of characteristics, attributes and attitudes by the leadership at all levels to gain the confidence and trust of investors who have alternatives.

“TotalEnergy has gone to invest $6 billion in Angola, instead of Nigeria. If the truth must be stated, the present administration has not found the right way to handle the economy to engender confidence and trust for investors to start trooping in.

“They know us more than we know ourselves. And now they are laughing at us, not taking us seriously. We have to present ourselves in such a way that we will be taken seriously. If existing investors are divesting and going out of our country, how do we persuade new investors to rush in?
‘’We can be serious if we choose to be, but we need to change from transactional leadership in government to transformational and genuine servant leadership.

“With change by us, the investors will give us the benefit of the doubt, and security is taken care of on a sustainable, long-term basis, they will start to test the waters. With the right economic policies, attribute of integrity and honesty of purpose, all should be well, with all hands on deck and the government become a catalyst for development, growth and progress.

“Tinkering with the exchange rate is not the answer. The answer is consistency and continuity in policy to ensure stability and predictability. That way, we will be sure to incentivize domestic and foreign investment.

‘’There must be honesty and transparency in government dealings and contracts and not lying with deception about these issues. When the government is seen as pursuing the right policy, the private sector will go for production and productivity.”

The former president’s reaction to the refinery issue is coming six months after the claim that the refinery would begin operation in January.

He noted that to get out of the current situation of the country, the government and the governed needed to look at the past and the present, and ask: How did we get here?.

Obasanjo said further: “Looking at the topic of today’s occasion, the question I would ask is, how do we navigate our way out of these crises and pave the path towards a more secure and prosperous Nigeria?

‘’I believe the answer to this requires a multi-faceted approach that addresses the root causes of these challenges. The central questions are: where were we? And how did we get to where we are today?

“Firstly, we must know where we are coming from. Our economy has consistently suffered from poor policies, lack of long-term, sustainable policies, discontinuity, ad hoc arrangement and corruption firmed on personal greed, avarice, incompetence, lack of knowledge and understanding and lack of patriotism.

“For instance, the statement and proposed actions given forty-five years ago to stop fuel scarcity is the same statement and action being touted today. I recall when I made the statement that the refineries will not work, the sycophants and spin doctors of this current administration went out to castigate me as not being a petroleum engineer and that I did not know what I was talking about.

“They forgot that the attempt that was made in 2007 to partly privatise the refineries was made by me after a thorough study of the situation. But the decision was reversed by my successor and the $750 million paid was refunded.”

On a way out, the former President said the country needed a 25-year socio-economic development agenda that would be generally agreed to by all political parties and passed into law by the National Assembly, with State Assembly aspects also passed into law by State Houses of Assembly.

‘’We take up the implementation on a five-year basis. In reality, that plan will have the effect of almost a Constitution. The first priority in the implementation will be education for all.

‘’The second should be food and nutrition security through agribusiness. The third should be energy for all. The fourth should be industrialization and manufacturing. And the fifth should be science, technology, innovation and Artificial Intelligence, AI.

‘’In all these, the government should provide a conducive environment for the private sector to operate and thrive. And where the government will be involved at all, other than as a policymaker and enabler, it should be based on private public partnership with the government as a junior partner.”

On the security, “we need stick and carrot approach. Stick to deal with those who cannot be weaned out of criminality and evil deeds and for those weaned, they should be rehabilitated. There should be no Nigerian without being in school compulsorily for eleven years – secondary education level.

“Employment must be a right for all Nigerians from age 18 years to 65 years. With such a carrot in position, the stick must then be made more severe for criminals. Five years must be set out to ensure that every Nigerian child who is not in school is in school and no one is left out of popular education.”

Adult education should be embarked upon to give every Nigerian basic education equivalent to six years of formal education. We should give ourselves ten years to rid Nigeria of illiteracy. No matter what we do, if we do not find a way of educating, giving skills and empowerment, over 20 million Nigerian children that are out of school today will end up being rich recruitment centres for drug addicts, Boko Haram, bandits and other social misfits.
VANGUARD

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Ex-US Mayor, Sultan Clash Over Alleged Christian Genocide

Published

2 hours ago

November 1, 2025

Editor

A former Mayor of Blanco City in Texas, United States of America, Mike Arnold, has called on the Sultan of Sokoto, Alhaji Muhammad Abubakar III, to provide evidence to clear himself of his alleged involvement in what he described as “jihad genocide” and widespread killings in the country.

But the Sultanate Council of Sokoto described Arnold’s statement as baseless and undeserving of a response, saying the Sultan would not dignify the accusations with a reply.

The row erupted after Arnold, the founder of Africa Arise International, published a string of social media posts accusing the Sultan of being complicit in mass killings and resource looting in parts of northern Nigeria.

The Sultan had earlier rejected claims that Christians were being subjected to genocide in the North, saying such allegations were false and divisive, and urged the people to verify social media reports.

The Sultanate Council later described the fresh attacks on the monarch’s reputation as baseless and said the Sultan would not dignify the claims with further response.

However, speaking with The PUNCH, Arnold said available data and incidents across the northern part of the country suggested that the Sultan, being the spiritual and temporal head of more than 108 million Muslims, could not be entirely detached from the violent acts occurring “under his nose.”

Arnold questioned what he called the Sultan’s “silence and inaction” amid the wave of violent attacks and mass killings in the North, particularly those targeting Christian communities.

He said, “The evidence points to there being an intelligent designer of this whole diabolical machine of jihad, genocide, conquest, displacement, and resource extraction. There are many provable data points, and I believe the points paint a picture that demands the Sultan be investigated for these things.

“I am not declaring him guilty, only a prime suspect based on all available evidence. The facts demand investigation and answers to either determine his guilt or clear him of it. Let’s hear his case.

“The Nigerian government estimates that at least $9bn a year in minerals are looted from his own hereditary lands. Why hasn’t he tried to stop this? He has powerful armed militias under his authority, does he not? So why aren’t the illicit miners being stopped? Who is getting that money?”

The former Mayor also alleged that the Sultan had done little to address the rise of militant Fulani groups accused of carrying out numerous attacks, noting that while he once issued a fatwa against Boko Haram after the group challenged his authority, no similar action had been taken against Fulani militants.

“There have been more than 7,000 Christians massacred this year in his territory. If his own statement that no killing happens without traditional rulers knowing about it is true, then he knows more than anybody else,” Arnold said.

However, the Sultanate Council of Sokoto, while reacting through its Secretary, Alhaji Saidu Maccido, said the Sultan would not dignify the accusations with a reply, noting that both the Federal Government and the Nigerian Senate had already addressed the matter.

Maccido reaffirmed the Sultanate Council’s commitment to peace, unity, and national stability, urging Nigerians to ignore divisive and inflammatory narratives.

“The Sultan will not bring himself down to respond to such allegations again. The Federal Government has responded to the allegations, and I even recall that the Nigerian Senate also passed a resolution on it. Responding again will only make them feel important.

“The Sultanate Council remains focused on promoting peaceful coexistence, mutual respect, and truth. We will not be distracted by baseless accusations,” he added.

Headline

Nicki Minaj Hails Trump For Designating Nigeria ‘Country Of Particular Concern’

Published

3 hours ago

November 1, 2025

Editor

American rapper, Onika Maraj, popularly known as Nicki Minaj, has expressed gratitude following U.S. President Donald Trump’s decision to designate Nigeria as a “country of particular concern” over alleged religious persecution.

Trump, in a post shared on his Truth Social platform on Friday, claimed that Christianity was facing an “existential threat” in Nigeria, accusing radical Islamists of carrying out widespread killings of Christians.

“Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a ‘country of particular concern,’” Trump wrote.

He added that the United States “cannot stand by while such atrocities are happening” and pledged that Washington would “stand ready, willing, and able to save our great Christian population around the world.”

Reacting to the move in a post on her X handle on Saturday, Minaj said the announcement made her feel deeply grateful for the freedom to worship in her own country.

She wrote, “Reading this made me feel a deep sense of gratitude. We live in a country where we can freely worship God. No group should ever be persecuted for practising their religion. We don’t have to share the same beliefs in order for us to respect each other.”

The rapper noted that several countries around the world are suffering from religious persecution and warned against ignoring such human rights violations.

She also wrote, “Numerous countries all around the world are being affected by this horror & it’s dangerous to pretend we don’t notice.

“Thank you to The President & his team for taking this seriously. God bless every persecuted Christian. Let’s remember to lift them up in prayer.”

Headline

Christian Genocide’: Trump Designates Nigeria As Country Of Particular Concern

Published

1 day ago

October 31, 2025

Editor

United States President, Donald Trump, has named Nigeria a “country of particular concern,” citing what he described as a growing threat to Christianity in the nation.

In a statement on Truth Social on Friday, Trump claimed thousands of Christians have been killed by radical Islamist groups and urged U.S. lawmakers to investigate the situation urgently.

Trump maintained that the United States would not stand by while Christians in Nigeria and other parts of the world face persecution, adding that America remains ready to protect Christian populations globally.

He said, “Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a “COUNTRY OF PARTICULAR CONCERN” — But that is the least of it.

“When Christians, or any such group, is slaughtered like is happening in Nigeria (3,100 versus 4,476 Worldwide), something must be done! I am asking Congressman Riley Moore, together with Chairman Tom Cole and the House Appropriations Committee, to immediately look into this matter, and report back to me.

“The United States cannot stand by while such atrocities are happening in Nigeria, and numerous other Countries. We stand ready, willing, and able to save our Great Christian population around the World!”

His declaration follows increasing criticism from U.S. politicians and public figures who claim that Christians in Nigeria are facing systematic violence.

Recently, US comedian and HBO host Bill Maher accused Islamist groups of carrying out a genocide against Christians in the country.

“I’m not a Christian, but they are systematically killing the Christians in Nigeria. They’ve killed over a hundred thousand since 2009. They’ve burnt 18,000 churches. These are the Islamists, Boko Haram. This is so much more of a genocide attempt than what is going on in Gaza.

“They are literally attempting to wipe out the Christian population of an entire country,” Maher said.

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Similarly, US Senator Ted Cruz claimed that Nigerian government officials were “ignoring and even facilitating the mass murder of Christians by Islamist jihadists.”

Cruz also lamented that Christians in the country were being targeted for their faith by terrorist groups and “are being forced to submit to sharia law and blasphemy laws across Nigeria.”

He said it was “long past time to impose real costs on the Nigerian officials who facilitate these activities,” adding that he had introduced the Nigeria Religious Freedom Accountability Act to the US Senate to sanction such officials.

In the same vein, Riley Moore, who represents West Virginia’s 2nd District in the US Congress, wrote to the US Secretary of State, Marco Rubio, urging him to designate Nigeria as a Country of Particular Concern.

Moore also called for a suspension of arms sales and technical support to Nigeria until the government demonstrates commitment to ending what he described as “a reign of persecution and slaughter against Christians.”

However, both the Christian Association of Nigeria (CAN) and the Nigerian Presidency have dismissed the allegations of a Christian genocide.

While CAN described the reports as false narratives peddled by foreign agents, the Presidency insisted that there is no religious war taking place in the country.