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Youth Unemployment: Nigeria Sitting On A Keg Of Gun Powder— Obasanjo

Published

1 year ago

August 6, 2024

Former president Olusegun Obasanjo has expressed concern over youths’ restiveness caused by unemployment, fearing that Nigeria might be sitting on a keg of gunpowder.

Obasanjo made the statement during an interview with the Financial Times monitored by Channels Television.

“Our youth are restive. And they are restive because they have no skill. They have no empowerment. They have no employment. We are all sitting on a keg of gunpowder. And my prayer is that we will do the right thing before it’s too late,” he warned.

The elder statesman’s stance comes following ongoing #Endbadgovernance nationwide protests by the youths over hunger and hardship in the country.

Youths across the country have embarked on protests since August 1, a development which has since escalated with reports and incidences of violence and lootings recorded across the country.

Speaking further, Obasanjo said Nigeria’s economy would have been much better if it had not relied on just crude oil production.

He described the country’s reliance on crude oil as a “deadly mistake”.

“I believe we made a deadly mistake by putting all our eggs in one basket by relying on oil. We had a very important commodity, gas, but we were flaring it,” he said.

the failure of the Nigerian National Petroleum Company Limited (NNPCL), the International Oil Companies, and other national oil companies to ramp up oil production to meet the country’s needs.

Obasanjo said Nigeria could have invested more in Agriculture as against crude oil.

“We ignored Agriculture which could have been the centrepiece of our investment.”

The former president then touched on the reason that Nigeria’s four refineries have remained moribund despite huge investments and attempts at revamping them.

He recalled how he persuaded Shell to run the country’s refineries but the International Oil Company refused, saying there was too much corruption in the sector.

“When I was president, I invited shell to come and take equity and run our refineries for us. They refused and said our refineries were not well maintained. We brought amateurs instead of professionals. Then there was too much corruption with the way our refineries were maintained. They didn’t want to get involved in such a mess,’ he said.

He condemned the government’s disposition towards getting the refineries back on their feet.

“How many times have they told us that the refineries would be fixed, and at what price? Those problems as far as the government refineries are concerned have never gone. They have even increased. And if you have such problems, and the problems have not been removed, then, it means we are not going anywhere.”

He said that those benefiting from the lucrative business of fuel importation are going to make efforts to frustrate the Dangote Petroleum Refinery.

Obasanjo stated this in the wake of allegations by the President of the Dangote Group, Alhaji Aliko Dangote, that some ‘mafias’ were making efforts to frustrate the $20bn refinery.

“Aliko’s investment in a refinery, if it goes well, should encourage both Nigerians and non-Nigerians to invest in Nigeria.

“If those who are selling or supplying refined products for Nigeria feel that they will lose the lucrative opportunity, they will also make every effort to get him frustrated,” Obasanjo stated.

Officials of the Dangote Group recently cried out that international oil companies were frustrating the refinery by refusing to sell crude or by selling to them at a premium up to $4 above the normal price.

They also accused the Nigerian Midstream and Downstream Regulatory Authority of deliberately granting licences to individuals to import dirty fuel.

The regulator denied this, saying Dangote diesel was inferior when compared to the imported ones.

The NMDPRA Chief Executive, Farouk Ahmed, also stated that the country would not stop fuel importation to avoid a monopoly by the Dangote Group.

The former President also condemned the style adopted by President Bola Tinubu to remove fuel subsidies, stating that the present administration should have first considered the hardship the subsidy removal could cause people and how to ameliorate the same.

“There’s a lot of work that needs to be done. Not just wake up one morning and say you removed the subsidy. Because of inflation, the subsidy that we have removed is not gone. It has come back,” the former President stressed.

He said there must be investor confidence in Nigeria, adding, “You have to go from transactional economy to transformational economy.”

CHANNELS TV

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Senate Confirms Ex-CDS Musa As Defence Minister After Five-hour Screening

Published

5 hours ago

December 3, 2025

Editor

The Senate on Wednesday confirmed the appointment of a former Chief of Defence Staff, Gen. Christopher Musa (retd.), as Nigeria’s new Minister of Defence following a rigorous five-hour screening by lawmakers.

During the confirmation hearing, Musa faced tough questions on recent security lapses, including the withdrawal of troops from Government Comprehensive Girls Secondary School, Maga, in Kebbi State, shortly before the abduction of schoolgirls on November 17.

The incident sparked national outrage.

Musa assured the Senate that he would immediately set up a full-scale investigation into the troop withdrawal once he assumes office.

He also vowed to probe the recent killing of a brigade commander in Borno State, Brigadier General Musa Uba, and other attacks targeting military officers.

He said, “It is very unfortunate and really painful. I want to assure Nigerians that we will not stand by and have terrorists have the capacity to do such.

“We are going to go after them fully, working together with all the security agencies and Ministries, Departments and Agencies (of government). We are going to investigate fully.

“The Armed Forces have a way, and then from the defence, we are going to make sure that we continue with the oversight over their activities.”

The nominee highlighted gaps within the armed forces and called for enhanced funding, strengthened community engagement, and coordinated inter-agency operations.

He also emphasised the need to protect schools through the Safe Schools Initiative and a zero-tolerance approach to terrorism and banditry.

The screening session saw moments of tension in the chamber.

Senator Sani Musa (APC, Niger East) suggested Musa be allowed to “take a bow and go,” prompting protests from lawmakers, including Senator Garba Maidoki (PDP, Kebbi South).

Senate President, Godswill Akpabio, intervened, urging a thorough screening and noting that Nigerians and the international community were closely watching the process.

Musa, nominated on Tuesday by President Bola Tinubu following the resignation of Defence Minister, Badaru Mohammed, on health grounds, pledged to prioritise the protection of lives and national territory.

“I pledge to do my best to ensure that Nigeria is secure and safe.

“We need the support of everyone, every Nigerian, working together as a team, because it’s going to be a team effort.

“The enemies we are dealing with are evil forces that don’t mean well for this country and have no respect for human lives… If we don’t work together, we will allow them to perpetrate the evil acts they have been doing,” he said.

His confirmation comes amid heightened concerns over nationwide kidnappings, insurgency and mass abductions.

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NUC Gets €3m Loan To Start ICT Projects In Varsities

Published

6 hours ago

December 3, 2025

Editor

This initiative, known as the Blueprint-ICT-Dev Project, aims to upgrade digital infrastructure, strengthen ICT capabilities, and promote digital literacy in these institutions.

The National Universities Commission says it has received €3m as the first tranche of the $40 million loan secured from the French Development Agency to support Information, Communication and Technology projects in 10 selected universities across the country.

Executive Secretary of the commission, Abdullahi Ribadu, announced this during the inaugural meeting of the 13th NUC Board on Wednesday at the commission’s headquarters in Abuja.

Ribadu noted that since he assumed office about a year ago, the commission has pushed forward initiatives centred on research, entrepreneurship, digital transformation and skills development across Nigerian universities.

“We have secured $40 million loan from the French Development Agency for the ICT Blueprint Project in 10 selected universities. We have strengthened – only yesterday, the director confirmed to me that the first tranche of €3m has been deposited in our CBN account to kick-start the process.

“We have strengthened internal financial management, expanded access to university education through the licensing of new private universities, and approved new programmes and units.

“We have also supported the take-off of publicly funded universities, expanded open and distance learning centres, and continued system-wide quality assurance exercises. Currently, the 2025 Accreditation Exercise is ongoing.

“These priorities continue to form the foundation of the Commission’s direction, and I am seeking your support in advancing them,” he said.

Ribadu assured the board of the commission’s full cooperation, saying the management stands ready to draw from the members’ expertise.

“We will rely on your wisdom to guide us as we carry out our duties. I am confident that your collective experience will strengthen the commission’s capacity to guide the Nigerian university system at a time when higher education continues to evolve.

“We also look forward to using your networks to help advance projects and partnerships that will benefit the Commission and the entire university system,” he added.

On his part, Chairman of the 13th NUC Board, Emeritus Professor Oluremi Aina, thanked President Bola Tinubu for his sustained support for the university sector.

He said the board is assuming its mandate at a time of transition for higher education, with global standards rising and expectations increasing.

Aina outlined five central pillars that will guide the Board’s work, covering performance evaluation, improved university rankings, digital literacy, research and institutional reforms.

He said, “As we settle into this assignment, but permit me to present what I call five pillars that I believe will help guide our stewardship. One, evaluation of NUC performance.

“We must examine in detail the Act that buffered and laid the foundation for the NUC. We also need to be conversant with the various amendments to the act, its vision and mission, guiding principles and ethics.

“Then we must study the commission’s operational challenges and landmark achievements. Going forward, we should compare ourselves against global standards, not sentiments, not history, and where we fall short, how we fall short, and why we must adjust boldly. Two, aligning with the renewed hope agenda of the present administration, the president has made education a pillar of national rebirth with the establishment of the fund and other initiatives.

“The signal sent to the world is that Nigeria is ready to reset and rebuild. Through our assignment, we must lead other key stakeholders in the higher education sector. In pragmatically resolving the naughty and nagging agitation of the academic staff union and other university unions.

“Advancements must also be made to enhance digital literacy and especially the use of artificial intelligence, AI, as tools to strategically reposition the universities nationally and internationally. Overall, it will also be a priority for the 13th board to work with the management for radical improvements in both the global and webometric ranking of our universities.”

He added, “Three, identifying and dismantling obstacles to university quality. Governance deficiencies, fund constraints, research stagnation, et cetera, must no longer be accepted as normal. Our duty is to reform and make progress, not to manage decline.

“Four, reviewing existing funding and exploring new channels for sustainable funding. Nigerian universities cannot thrive on ingenuity alone. The board must intensify the research for alternative funding sources. Strengthen utilisation and explore emerging and local opportunities.

“And five, investing in the welfare and capacity of NUC staff and regulatory infrastructure. The system cannot overperform its operators. Credible accreditation and monitoring require strengthened conditions of service and protected regulatory independence.”

Aina added that the board would fully leverage technology in its operations.

“We will seek to leverage technology to ease our burden through the adoption of digital platforms for the advancement of our collective objectives. And I have a charge for the board.

“This board, in whom I am well-pleased, carries with it the weight of expectations and aspirations of the Nigerian people,” he said.

Earlier this year, the French Development Agency provided a €38 million credit facility to the National Universities Commission to support the digital transformation of 10 federal universities in Nigeria.

This initiative, known as the Blueprint-ICT-Dev Project, aims to upgrade digital infrastructure, strengthen ICT capabilities, and promote digital literacy in these institutions.

News

Satguru Maharaj Pledges To Facilitates Kanu Release If…

Published

7 hours ago

December 3, 2025

Editor

The founder of One Love Family, Satguru Maharaj Ji, has vowed to get the incarcerated leader of the proscribed Igbo group, Indigenous People of Biafra, Nnamdi Kanu, released if the Biafra radio and sit-at-home order are stopped.

Maharaj Ji stated this while speaking in an interview granted to his temple’s in-house radio on Wednesday.

According to him, the IPOB leader was culpable of the terrorism charges levelled against him, and anyone guilty is liable to a death sentence.

He said, “We are, however, grateful that the matter has been put on hold in the sense that, by the accusations, it is always going to be death, looking at the level of crimes attached to him, with the way and manner the constitution is written. Anybody who is accused of doing such a thing (terrorism) is sentenced to death. It is only out of grace that Kanu was able to escape.

“So now it has to be by political settlement before he (Kanu) can be released, and it will be addressed in so many ways. For anyone advocating for his pardon, they have to take positive steps. In other words, they must not do so with empty hands; they should stop the Biafra radio wherever it is. Secondly, the sit-at-home order should be stopped, and the judgment should be accepted while the Igbo elders go behind the scenes to analyse and explain to the President.

“Today, the Igbos have been brought to the central realms of politics by Tinubu. And the Northern caliphate is not happy about it. They are not excited about the commission they were given…They should stop the propaganda that the East is about to be Islamised. When those are done, I know how to watch it out, Kanu will come out. I will help facilitate his release.“

The cleric joined the likes of Abia State governor, Alex Otti, activist Omoyele Sowore, and other South-East leaders to intensify efforts to secure the release of detained Kanu through a political arrangement, assuring residents of the region that “all hope is not lost.”

On Tuesday, Otti met Tinubu at the State House, Abuja, after visiting Kanu in the Sokoto prison facility, where the IPOB leader is serving his sentence.

Otti’s meeting with the President is believed to be part of ongoing engagements aimed at securing the release of the detained Kanu.

Recall that Kanu bagged a life sentence instead of the death penalty after the presiding judge, Justice James Omotosho, handed down the sentence on counts one, two, four, five, and six.

The judge also handed Kanu a 20-year jail term on count three, with no option of fine, and a five-year jail term on count seven, with no option of fine.

Justice Omotosho delivered the judgment after convicting Kanu on all seven counts of terrorism offences.