News

‘World Bank Report Reveals Why Nigeria Needs Atiku’

Published

3 years ago

December 12, 2022

‘Against the backdrop of a bleak economic future for Nigeria painted by the World Bank recently, the Peoples Democratic Party Presidential Campaign Council has said the report justifies the need to have its candidate, Atiku Abubakar, elected president of the country to address the nation’s many challenges.

The PUNCH had quoted Alex Sienaert, World Bank’s lead economist for Nigeria, as saying that in 2023, debt servicing will gulp 123.4 per cent of the country’s total revenue.

Sienaert had stated this in a presentation titled ‘Nigeria Public Finance Review: Fiscal Adjustment for Better and Sustainable Development Results’ for the month of November.

“Borrowing more is not the solution: debt costs are rising rapidly, squeezing non-interest spending,” he said, adding that “debt servicing has surged over the past decade and is expected to continue increasing over the medium-term, crowding out productive spending.”

Responding in a statement to the presentation, spokesman of the campaign council, Senator Dino Melaye said, “The solution to the years of the locusts under APC is Atiku Abubakar, who worked under a team that brought great economic prosperity to Nigeria.

“The APC presidential candidate is always eager to dissociate from Buhari, but he carries a DNA that is infused with the APC blood and water. What can he do differently? Besides, if he had a different solution he could have offered it to his failed party so as to pave a smooth way for his own emergence. Having ‘chilled’ with the big boys, he now wants to ‘chill’ alone.

“Nigerians should look forward to the termination of APC’s arrested development when Atiku/Okowa and the PDP return Nigeria to its winning ways. As President Obasanjo said in his famous aphorism, there is no need to reinforce failure.

“What the World Bank report has done is an economic advisory, which Nigerians have to take seriously by looking away from APC and embracing the People’s Democratic Party on February 25, 2023.”

According to the statement, “the recent report by the World Bank, confirming the arrested development experienced under the All Progressives Congress administration since 2015 has more than any other indices, justified the imperative of stopping APC from doing further damage to Nigeria’s economy and social advancement in 2023.

“The APC inherited a healthy economy in 2015, just a year after Nigeria’s economy was re-based, and rated as the largest economy in Africa, ahead of South Africa. Rather than consolidate on the gains recorded by the PDP administration, Buhari and the APC embarked on unprecedented economic amateurism that has thrown Nigeria into one of the least performing economies in Africa. The APC has also thrown Nigeria into such a huge debt doldrum that it would take the country years of creative management to regain lost grounds.

“The APC which premised its campaign on change has succeeded in taking Nigeria back more than 10 years. While they accused their predecessors of corruption, they have now made corruption a state policy and the stench in the high corruption quotient of APC provokes deep revulsion.”

The statement further read, “Nigerians will not forget the great prosperity under the PDP administrations. They can also not forget how the reversal of fortune under APC has brought Nigeria down from prosperity to poverty, resulting in the relegation of Nigerians to a nation of 133 million poor citizens.

“If only Nigerians understood what the APC meant by change! The prodigal son scores better when peered with the APC.

“Sadly, the poor performance of the APC is not limited to the economy. Insecurity has degenerated by a higher degree. Unemployment is at its worst. The energy crisis remains intractable and unaddressed.

“The Buhari administration and APC are now relying on the Department of State Services to make fuel available to Nigerians. The subsidy programme that came under heavy criticism by APC has not only been sustained but has become an indefensible and convoluted policy in which the supposed poor now pay higher for fuel than the obviously rich. While fuel sells for about N180 in the cities, the rural folks buy the same product at about N300-500 per litre.”

News

Migration Agency Warns Migrants Against Irregular Travel Routes

Published

3 hours ago

May 28, 2026

Editor

The International Organisation for Migration (IOM), in collaboration with Giving is Healing Foundation, has sensitised residents of Ayobo in Alimosho Local Government Area of Lagos State on the dangers of irregular migration and the need to embrace legal travel procedures.

Speaking during a sensitisation programme held at Megida Ifelodu Community Development Association in Ayobo, the founder of Giving is Healing Foundation, Mr. Gbolahan Ayediran, warned intending migrants against using illegal travel routes.

Ayediran said many Nigerians desire to migrate abroad in search of better opportunities but often ignore proper procedures, thereby exposing themselves to several dangers.

“Lots of people want to migrate and most of them do it in the wrong direction. The reason for the programme is for us to advise people on how they can migrate in the right way. As much as migration is their right, they should do it correctly,” he said.

He advised intending travellers to obtain the necessary travel documents before embarking on any journey, noting that such documents include international passports, visas, flight tickets and yellow cards, depending on the destination country.

According to him, migrants should also gather adequate information about their destination countries to enable them make informed decisions before travelling.

Ayediran further highlighted some of the dangers associated with irregular migration, including abuse, exploitation, discrimination and forced labour.

Also speaking, the Chairman of Megida Ifelodu Community Development Association, Elder Mathews Amusan, commended the organisers for enlightening members of the community on safe migration practices.

He urged residents planning to travel abroad to always follow legal migration procedures to avoid falling victim to human trafficking and other migration-related challenges.

One of the participants, Mr. Kolawole Adenoko, said the programme enlightened him on the dangers of irregular migration and the importance of travelling through the proper channels.

He added that he would also educate his relatives and friends on the risks associated with illegal migration.

News

Shatta Wale Bailed Burna Boy From Ghana Prison After Arrest For Smoking Weed – Captan

Published

6 hours ago

May 28, 2026

Editor

Ghanian singer, Captan, has claimed that his former record label boss, Shatta Wale, once bailed Nigerian singer Burna Boy out of prison in Ghana after he was allegedly arrested for smoking weed.

Speaking in a recent podcast interview, Captan claimed that Shatta Wale sent him and others to free Burna Boy from police custody.

He also claimed that Shatta Wale and his group once accommodated Burna Boy when he was being hunted by some dangerous men.

Captan said, “I once bailed Burna Boy out of prison in Ghana when he was arrested for smoking weed. Shatta Wale sent me and some guys to go and free him from police custody.

“There was a time we also accommodated him when some people were after his life. We helped him settle the case.”

He added that he and Burna Boy are no longer in good terms after the Nigerian artist’s fallout with his mentor, Shatta Wale.

He, however, said he and Shatta Wale are open to reconciling with Burna Boy if he asks for it.

Watch the video here

News

Children’s Day: Chaos At Ogbe Stadium As Dozens Faint

Published

22 hours ago

May 27, 2026

Editor

Chaos erupted on Wednesday during the Children’s Day celebration as dozens of students reportedly collapsed following a stampede triggered by the use of pepper spray.

The event,
organised by the Edo State Ministry of Education at the Samuel Ogbemudia Stadium was disrupted after some male students of Ihogbe College allegedly made uncompromising advances towards female students at the venue.
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‎ A parent who identified himself as Oboh Emmanuel said, “the behaviour of those uncultured students attracted the attention of bouncers stationed at the stadium as they rebuked the male students.”
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‎Oboh said the affected students later regrouped and attacked the bouncers, leading to a confrontation within the crowded arena.

READ ALSO:Children’s Day: Edo Commits To Child Protection
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It was gathered that in the ensuing confusion, the bouncers were reported to have deployed pepper spray in an area occupied by a large number of students.
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‎Several students, particularly female students, reportedly fainted after inhaling the substance, while others sustained injuries after being stepped on during the ensuing melee.
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‎The panic was said to have spread across the stadium as students, teachers and parents scampered for safety.
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‎Many of the affected students were reportedly rushed to the Edo Specialist Hospital for medical attention.

Reacting to the incident, Chief Press Secretary to Governor Monday Okpebholo, Dr Patrick Ebojele, said the security personnel that fired the tear gas had been detained.

He said all the students, except two, that were rushed to the hospital have been discharged.

Ebojele stated that doctors wanted to observe the students till tomorrow before allowing them to go home.

“The two students are not seriously injured. Doctors want to observe them overnight. Permanent Secretary, Ministry of Education is still at the hospital. The man who used pepper spray has been detained.

“The incident did not happen the way it is being exaggerated. All modalities were put in place to ensure the children enjoyed their day.”
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