News

Tinubu’s First Year In Office Tragedy – Elder Statesman

Published

2 years ago

May 24, 2024

Editor

In an assessment of President Bola Tinubu’s first year in office, a one-time member of the House of Representatives and elder statesman, Dr Usman Bugaje, accused the administration of lack of progress in addressing the nation’s pressing issues.

During an interview on Channels TV’s Politics Today on Wednesday, Bugaje was asked about the government’s decision to mark Tinubu’s first year in office with a low-key approach, without any fanfare.

In his response, Bugaje said, “Well, as Citizens and as people who have been in government, clearly the last one year has been a tragedy, simple. There is not one problem they have been able to solve, so I cannot see any other than low-key.”

Bugaje attributed the low-key approach to the administration’s recognition of the public’s frustration and anger.

“I mean, I give them the sense that they are feeling the pressure, they can see the faces of Nigerians and so perhaps they trying to see how can they assuage this anger because the people are angry,” he said.

Expressing concern over the government’s inability to address the country’s challenges, Bugaje stated, “Since this Administration came one year ago, I’ve not seen one problem that they have solved. If anything, the policies they started with have created far more problems than they found, and in this one year, they are clearly groping in the dark without very clear [direction].”

Bugaje emphasised the need for the administration to seek help from experienced individuals, regardless of their political affiliations.

“This is the time really to admit and to then seek help from those who know, and Nigeria is full of people with the experience with the expertise, they may not be in your party, they may not even be in politics, but this is the way many countries have been able to get out of the problem they have found themselves,” he said.

Highlighting the importance of measurable metrics in evaluating governance, Bugaje expressed disappointment and accused the government of a lack of a baseline established.

“We as a nation should have by now developed metrics for evaluating governance. In the academic cycle, there are, and there are statistics. Every government should have come up with a baseline. After one year, they will be able to say scientifically this is the production in terms of Agriculture, what we found in 2023, and this last season we have improved by a number of metric tons. In the field of security, these are the figures we would have improved.”

Bugaje cited the recent kidnapping of 20 people in Dawaki, an estate in Abuja, as a reminder of the deteriorating security situation in the country’s capital, questioning the government’s ability to ensure the safety of its citizens.

“So my point is really what I’ve had so far are empty rhetorics that have not spoken to the problems on the ground,” Bugaje noted.

He further called for tangible solutions and a willingness from the government to seek assistance from experienced individuals outside the government’s circles.

On Tuesday, about 20 residents of Dawaki, a community near Kubwa in the Federal Capital Territory, were kidnapped.

The attackers were said to have raided houses on Frank Opara Street before security operatives responded to distress calls.
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News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 hours ago

May 6, 2026

Editor

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.

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

Published

4 hours ago

May 6, 2026

Editor

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.

“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

Published

6 hours ago

May 6, 2026

Editor

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.

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).

“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.