Tag: Nigerian Government

  • Nigerian Government Vows to Wrestle Food Inflation Down in 2021

    Nigerian Government Vows to Wrestle Food Inflation Down in 2021

    Following spike in food prices that has caused many Nigerians to groan in the outgoing year, the Nigerian Government has vowed to keep a keen eye on food inflation in the New Year while giving a strong directive to the Central Bank of Nigeria, CBN, not to give any money for food importation.

    Speaking at the fifth regular meeting with the Presidential Economic Advisory Council held on Tuesday at the State House in Abuja, President Muhammadu Buhari directed that the CBN “must not give money to import food. Already about seven states are producing all the rice we need. We must eat what we produce.”

    In taking note of the strides made in agricultural production following the program of diversification from over reliance on oil instituted by his administration, President Buhari wondered where the country would have found itself by now in view of the devastating economic crisis brought about by COVID-19 if the country had not embraced agriculture.

    President Buhari receives Virtual Presentation from Members of the Presidential Economic Advisory Council (PEAC) in State House on 29th Dec 2020

    “Going back to the land is the way out. We depend on petrol at the expense of agriculture. Now the oil industry is in turmoil. We are being squeezed to produce at 1.5 million barrels a day as against a capacity to produce 2.3 million. At the same time, the technical cost of our production per barrel is high, compared to the Middle East production,” he said.

    The President emphasized the place of agriculture in the efforts to restore the economy but agreed that measures must be put in place to curtail inflation in the country:

    “We will continue to encourage our people to go back to the land. Our elite is indoctrinated in the idea that we are rich in oil, leaving the land for the city for oil riches. We are back to the land now. We must not lose the opportunity to make life easier for our people. Imagine what would have happened if we didn’t encourage agriculture and closed the borders. We would have been in trouble.”

    The meeting, which was for a review of, and reflections on the global and domestic economy in the outgoing year, was attended by the Vice President, Professor Yemi Osinbajo, as well as Ministers of Finance and Humanitarian Affairs and agreed on a number of measures.

    In specific terms, it noted the sharp deterioration in international economic environment and its impact on Nigeria’s continuing but fragile economic recovery; that Nigeria’s economic growth continues to be constrained by obvious challenges including infrastructural deficiencies and limited resources for government financing. It emphasized the need to make the private sector of the economy the primary source of investment, rather than government.

    The meeting reviewed progress towards structural reforms in response to the economic crises, including the institution of the Economic Sustainability Plan, the changes in electricity tariff and fuel pricing regime, the partial re-opening of the Land Borders, the movement towards unification of exchange rates and budgetary reforms through Finance Bill 2020 and 2021.

    It agreed that, to prepare the country for the challenges ahead, it is imperative to ensure Macro-economic stability, create certainty and re-build investor confidence in the economy. It emphasized the need to deepen structural reforms initiated by the administration as a basis for stimulating investments from domestic and international sources with a view to raising productivity in key sectors of the economy.

  • Nigerian University Lecturers ‘Conditionally’ Backs Down on 9month Strike

    Nigerian University Lecturers ‘Conditionally’ Backs Down on 9month Strike

    After a 9month stand off with the Nigerian government,  the Academic Staff Union of University (ASUU) on Wednesday “conditionally” suspended its strike that has kept students in their homes and universities under lock.

    ASUU National President, Biodun Ogunyemi made the announcement during a briefing of the union in Abuja, explaining that the development followed the agreement reached with the Federal Government and a meeting with its National Executive Council (NEC).

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    Ogunyemi said the suspension of the strike, which ended a protracted industrial action that started since March 2020 takes effect from Thursday, December 24th, 2020.

    While warning that the union would return to strike without notice if the government fails in meeting its part of the agreement reached with the university lecturers, Ogunyemi noted that the reopening of the schools, considering the COVID-19 pandemic, lies with the Federal Government and senate of the universities.

    Professor Ogunyemi thanked students and their parents for their understanding throughout the nine-month period and said: “no amount of sacrifice would be too much to get the matter resolved as long as the government is consistent with its commitments.”

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    Synergy Between Traditional Institutions and Govenmrnt to foster Security, Welfare

    The ASUU boss noted that both parties have agreed on the University Transparency Account System (UTAS), noting, however, that the university lecturers’ salary arrears will be paid by the government on a different platform.

    On Tuesday, the Federal Government had expressed optimism that ASUU will soon return to the classroom after a meeting with the lecturers.

    Tuesday’s meeting came a month after the Federal Government offered a cumulative N65 billion to the lecturers to address earned academic allowances and revitalisation of universities.

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  • Synergy Between Traditional Institutions and Govenmrnt to foster Security, Welfare

    Synergy Between Traditional Institutions and Govenmrnt to foster Security, Welfare

    The Lagos State Governor, Mr. Babajide Sanwo-Olu, has called for synergy between traditional institutions and the government for sustainable community and national development, saying such relationship will facilitate improved security, welfare and prosperity for the people as well as closer cooperation between modern governance and the traditional form of government.

    Governor Sanwo-Olu gave the advice at the colloquium organised to mark the 12th installation anniversary of the Aragbiji of Iragbiji, His Royal Majesty, Oba Rasheed Olabomi, at Iragbiji, Osun State, recently.

    Speaking on the theme of the colloquium “Sustainable Community and National Development, Creating a Synergy between Traditional Institutions and Government”, Governor Sanwo-Olu, who was represented by his Special Adviser on Chieftaincy Affairs, Prince Bayo Osiyemi, said traditional institutions by virtue of their unlimited tenure are strategically positioned to promote sustainability because of its link between the past and the present.

    The Governor said traditional institutions must play a role beyond being the custodian of the people’s tradition, custom, history and culture, adding that the role of traditional rulers must be agreed upon and enshrined in the Nigerian Constitution.

    “Some Nigerians hold the opinion that one of the factors responsible for our low level of development is the failure to harness the potentials of our traditional institutions. In other words, there is a need for synergy between government and the custodians of our history, culture and tradition”, Mr. Governor said.

    Sanwo-Olu added that “A key factor in development is sustainability, which in simple terms means meeting our own needs without compromising the ability of our future generations to meet their own needs. The traditional institution by virtue of its unlimited tenure is strategically positioned to promote sustainability because of their link between the past and the present”.

    While stressing the need for synergy between traditional institutions and government, the Governor said the traditional institution has a repository of knowledge, experience and wisdom, which are essential for social stability and purpose-driven development tailored towards the needs of the community.

    He averred that the areas where the role and relevance of the traditional institution are of great significance include the maintenance of peace, order and security, which is the foundation for sustainable socio-economic development at the community, State and National level.

    He maintained that government must synergise with traditional rulers because of their closeness to the people and superior knowledge of the dynamics of their communities.

    “It will do our nascent democracy a lot of good and give an advantage of facilitating improved security, welfare and prosperity for our people, if we take a cue from our past experiences and forge a closer synergy between the modern governance system and our traditional institutions”, he asserted.

    The event, which was attended by the Deputy Governor of Osun State, Mr. Gboyega Alabi, represented by his Special Adviser on Chieftaincy, Mr. Rasaq Adeosun, attracted notable speakers who included Prof. Lai Olorode, Prof. Siyan Oyeweso and Dr. (Mrs) Aminat Ayobami Olaboopo amongst others.

  • #EndSARS: Nigeria Appeases UK Government

    #EndSARS: Nigeria Appeases UK Government

    Afraid of being sanctioned by the United Kingdom Government over the handling of the #EndSARS protests which turned bloody in Nigeria, the President Muhammadu Buhari-led Federal Government has moved to placate the British government to present its own side of the story.

    The Federal Government’s latest position was coming as the United Kingdom Parliament passed a resolution calling for an imposition of sanctions on some Nigerian officials over their role in the “violent suppression” of the protests.

    But, briefing State House correspondents at the end of the weekly Federal Executive Council (FEC) meeting in Abuja in Thursday, Minister of Foreign Affairs, Geoffrey Onyeama, said though British legislators may not be legally binding to impose sanctions, Nigerian Government would use the opportunity to clear air on some grey areas over the #EndSARSProtestsTurnedBloody in the country.

    According to him, “The UK Government has been briefed. There was a UK parliamentarian meeting and the UK Government, which acts for the United Kingdom, has also heard the side of the (Nigerian) government regarding everything that has happened.

    “So, we have been in touch with them and engaging them. As in every democracy, members of parliament are also able to air their views.

    “What is important is that a balanced picture is made available to them before they take any decision.”

    Idowu Sowunmi

  • Beyond SARS

    Beyond SARS

    By Sanmi Obasa

    From the statement of the inspector general of police, Mr. Mohammed Adamu, SARS will come back very soon in another name. Meaning there will be a change in nomenclature, but police extortion and brutality remain intact; because it serves many purposes for the system or the state/government, police force and police officers. For the government, the specialized branch is the evidence that it is working against violent crimes. For the police force and its officers, it is a means to an end of gaining wealth through extortion of both criminals and innocent citizens. As usual, it appears the #EndSARS won the battle, but the state and the police won the war. Aluta continua!

    The justification for the forerunner of SARS, SARS and successor of SARS will remain the need to arrest the unending occurrence of violent crimes like armed robbery, kidnapping, ritual killings, etc in the country. There’s always a need for a special or specialized branch of the police force for this endemic crisis. Each time, the specialized branch ends up becoming an organized crime on its own, albeit, a legal one, armed by the state to rob and maim the innocent populace.

    The root of the crimes that necessitates the specialized branch is the same. Their root is poverty, resulting from unemployment, mismanagement and corruption by government, the political class and the civil servants. Mismanagement and corruption that take the lead in engendering unemployment and crimes are products of how the state organizes primarily the economic and the ensuing political systems.

    The vicious cycle runs thus: the people are poor because they don’t have jobs or sustainable means of livelihood. They don’t have jobs, not because they don’t want to work but because, government, the policy maker hasn’t put forward policies or framework that lead to jobs being created by the appropriate job creators, namely, firms and households. The economic activities of households and firms, through effective government policies lead to employment of resources, including that of labour.

    In Nigeria, the government has remained derelict in its duty of fashioning appropriate policy. At the same time over the years, its officials are busy helping themselves with the resources of state that are supposed to support policies in actualizing prosperity for all. We thus have double jeopardy of government dereliction of duty and corruption aiding and abetting unemployment and crimes by criminals, police, customs, immigration, military and paramilitary.

    Meanwhile, Nigerians are made to carry all the yokes of both criminals and state agents as criminals. Armed robbers, kidnappers, ritual killers and spiritual robbers and the state agents concurrently attack, steal and destroy Nigerians mercilessly.

    A Third Jeopardy arises to Nigerians whenever they revolt against the unholy alliance and oppression by criminals and state criminals. They are killed by the police, representing the state to put down the revolt. But the reality in this case is, the police is both defending the derelict government and their loots and means of continuous stealing from the people they are supposed to be protecting.

    Poverty, emanating from unemployment has a link to crime. The response of the state to crime is law and order. But law and order isn’t the direct solution to crime resulting from unemployment. Unemployment and poverty are economic problems and their solution is also in the realm of economics, not law and order. While law and order is necessary for economic activities to take place unhindered, it can only accompany or subordinate to the primacy of economic solution.

    The issues of safety from criminals and extortionist SARS men and women and state agents generally are far beyond SARS. The inspector general of police has already informed that SARS will be back in another name. Its mission and operations, which is to kill, steal and destroy will remain the same. As long as Nigeria remains a unitary state with a derelict government and with a police force that sees extortion of the citizens as a way to make up economically and financially, SARS and its successor will remain a terror to Nigerians.

    The issues and the resolution of the oppression against the people of Nigeria from unemployment, poverty, crimes and state agents extortion and exploitation are in the realms of economics and the dissolution of the unitary constitution foisted on Nigeria by the oligarchs. Nigeria is naturally a federal state by circumstances and history, that should allow the federating units to pursue their independent economic and security philosophies and arrangements. Inherent in their independence will be the economic and security architecture that suits them.

    Economic well-being of citizen is number one security enhancer. A situation where the federating units are incapacitated from deciding the economic direction of their states because of the unitary constitution and the falsehood that the oil resources are sufficient to take care of everybody undermines the ability of the states to ensure economic prosperity as insurance against poverty and crimes.

    For obvious selfish reasons, while majority of Nigerians are daily stridently calling for true federalism and restructuring (TFR) the ruling oligarchs continue to turn deaf ears to it and use the state machinery to vilify whoever advocates for it. The government is definitely not correctly reading the hands of history and reality. Because it’s not heeding the call for true federalism and restructuring, secessionist agitations are metamorphosing in IPOB’s Biafra and Oduduwa republics agitations. The protagonists of Biafra and Oduduwa republics aren’t necessarily calling for the dissolution of Nigeria. They are only giving a counsel that’s akin to the elders’ counsel to king Rehoboam of old Judah kingdom as against the counsel of his benefiting friends. If the oligarchs stick to their gun, then we shall definitely experience a ‘to your tent O Nigerians’.

    #EndSARS is good, but it’s not an end. It’s one of the means to the end. It is obvious that the current ruling oligarchs are deaf and obstinate to the cry of Nigerians for independence from poverty, crimes and injustices. It is important for #EndSARS to continue and align with the real movement for true federalism and restructuring; a movement that will bring about structures that will address the recurring problems of SARS and its successor.

    As the inspector general of police promised, a successor of SARS will soon be named with some cosmetic and window dressing. But the motives and operations will remain the same. It does seem imperative that while we are at it now, #EndSARS’ should dovetail into the real agenda for the freedom of Nigeria from poverty, unemployment, crimes and police brutality and exploitation occasioned by the unitary constitution. The unitary constitution is the culprit and the people who are refusing to yield to the demand that it must be dismantled are culpable of heinous crimes against Nigerians.

    #EndSARS mustn’t be deceived into the euphoria that it has won anything, not even the battle by the promised dissolution of SARS in all states and Abuja. The IGP is very clear that a successor is coming. Nothing is going to change for good. Only a restructuring of Nigeria that gives independence to the federating units will bring about positive development to Nigeria in terms of economic growth and security of life and properties. The IGP doesn’t have authority to initiate that. Only president Buhari can set the ball rolling in the direction of TFR, as he has been inundated with calls from nationalities, groups and eminent Nigerians.

    Sanmi Obasa is a research analyst, he teaches business studies at Centennial College, Toronto.